How to Make 6 Figures As A It Auditor? (11 Best Ways in 2024)
So you want to make six figures as a IT auditor? Good for you! Being a IT auditor is a highly respectable and well-paid profession, and there's no reason why you can't earn a high income if you put your mind to it.
In this blog post, we'll look at some of the best ways to make more money as a IT auditor - business ideas you can start to achieve such income. Keep reading to learn more!
1. Start an ecommerce store ($287K/month)
Starting an eCommerce store could be a lucrative way for an IT auditor to supplement their income and potentially make six figures. With your technical expertise, setting up and optimizing an online store could be streamlined and efficient, allowing you to leverage the booming eCommerce market. The low overhead costs and broad market reach of online sales present significant opportunities for financial growth.
Additionally, as an IT auditor, your analytical skills and attention to detail could be advantageous in managing inventory, payment processing, and ensuring data security within your eCommerce platform. The flexibility and scalability of an online business can provide a steady supplementary income, or even the potential to grow into a primary source of revenue if managed effectively. This entrepreneurial venture not only diversifies your income streams but also capitalizes on your existing skill set in technology and auditing.
How much you can make: $350 — $13,500,000/month
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
Southern Elegance Candle Company, founded by D'Shawn Russell, started as a side hustle making around $200 per weekend at a local Farmers Market, but now averages approximately $20,000 per month in sales across their retail site, wholesale site, and Faire.
2. Start a youtube channel ($146K/month)
Starting a YouTube channel could be an excellent way for an IT auditor to supplement their income or even transition into a full-fledged business. By sharing expertise and insights through engaging content, you could attract a dedicated audience, and over time, qualify for monetization through the Youtube Partner Program. With the right strategy, hitting the milestone of 1,000 subscribers and 4,000 watch hours within a year is attainable, opening up streams of ad revenue.
You could also explore supplementary income through sponsorships, affiliate marketing, and offering paid courses or consulting services linked to your IT auditing skills. Highlighting your experience and practical tips in the auditing field could position you as a thought leader, creating further opportunities for income. Many successful YouTube channels started with a passion for content creation and grew into lucrative ventures, and this could be your story as well.
How much you can make: $800 — $1,000,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
3. Start a social media marketing agency ($116K/month)
Starting a social media marketing agency could be an excellent way for you as an IT auditor to supplement your income and move towards a six-figure salary. You could leverage your analytical skills to develop effective social media marketing strategies and utilize automation tools, minimizing the time commitment required to manage your agency.
Additionally, by creating a strong portfolio that showcases successful campaigns, you could attract a steady stream of clients. This side business could allow you to clear your utility bills, finance additional education, or save for much-desired vacations. As your agency grows, the potential for significant additional income becomes more attainable.
How much you can make: $1,000 — $500,000/month
How much does it cost to start: $7,500 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 30 hours/week
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
4. Become a social media influencer ($57.4K/month)
As an IT auditor, leveraging your expertise to become a social media influencer could be a lucrative way to supplement your income and potentially make six figures. By sharing your insights, tips, and experiences on platforms like YouTube, Instagram, or LinkedIn, you could establish credibility in the tech and auditing industry. This could attract not only a large following but also brands and companies interested in collaborating with you for sponsored content, affiliate marketing, and other monetization opportunities.
Given the growing importance of social media in people's daily routines, brands are keen to connect with their target audience through influencers. By choosing a popular niche within IT auditing, such as cybersecurity or compliance, you could create valuable and engaging content that resonates with your audience. With the right strategy and consistency, your influence and reach could significantly grow, providing substantial additional revenue streams and partnerships.
How much you can make: $2,500 — $166,666/month
How much does it cost to start: $800 (?)
How long does it take to build: 155 days (?)
How one mother built a profitable frugal motherhood, life, and travel blog from scratch, using Instagram, Pinterest, and paid sponsorships to grow from 0 to 18.5K followers and generate $1,500-$3,000 per month in less than two years.
5. Digital products ($261K/month)
As an IT auditor with an entrepreneurial mindset, you could explore the lucrative world of digital products to supplement your income and potentially make six figures. Digital products, such as IT auditing courses, eBooks, software tools, or even membership sites, are highly versatile and in demand. By leveraging your expertise, you could create valuable resources that other professionals seek, thus opening up a new revenue stream.
Given the low barrier to entry, digital products are relatively effortless to create and distribute. You don’t need to hire additional help or manage physical inventory, allowing you to maintain full control over your creations. Whether it's a comprehensive online course on IT auditing best practices or a subscription-based community for ongoing education, the possibilities are endless and scalable, paving the way for significant income growth outside of your regular IT auditing duties.
How much you can make: $10,417 — $1,766,666/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 60 days (?)
FilterGrade is an eCommerce platform offering digital assets such as photo filters and video templates; attracting over 450,000 monthly users and generating approximately 30k a month, the founders worked hard to build a valuable marketplace for creators while focusing on digital marketing, partnerships, and content creation.
6. Start a blog ($44.9K/month)
Starting a blog could be a lucrative way to supplement your income as an IT auditor. With a blog, you could share your expertise, insights, and experiences, reaching a broader audience while building credibility in your field. Given that 77% of internet users read blogs, and blogs are considered a trustworthy source of information, your blog could attract a significant readership.
Monetizing your blog through ads, sponsored posts, or affiliate marketing could provide a steady stream of additional revenue. Additionally, offering niche-specific courses or e-books, or consulting services on your blog, could turn your side hustle into a thriving business. With the ability to work anytime and from anywhere, blogging offers an entrepreneurial and flexible way to potentially reach a six-figure income.
How much you can make: $100 — $650,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 30 days (?)
Time commitment per week: Min. 5 hours/week
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
7. Become an affiliate marketer ($55.3K/month)
Starting an affiliate marketing business could be an excellent way for IT auditors to supplement their income and move towards a six-figure salary. By promoting other companies' products or services and earning a commission for every sale made through your referral, you could leverage your analytical skills to identify high-converting opportunities within your niche market.
Affiliate marketing is particularly appealing because it has a low-cost barrier to entry; you don't need to create or own products yourself. Instead, by using your marketing skills to drive traffic and sales for other businesses, you could generate additional income streams without a significant initial investment.
By signing up for affiliate programs and using unique tracking links, you could easily align this side business with your current expertise and schedule, making it a highly flexible venture tailored for entrepreneurial-minded IT auditors.
How much you can make: $18,000 — $83,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 150 days (?)
This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.
8. Create an online course ($91.9K/month)
Starting an online course could significantly boost your income as an IT auditor by leveraging your specialized knowledge to fill educational gaps in your field. By identifying areas where your expertise is in demand, you could develop engaging video lessons and supplementary materials that offer valuable insights to aspiring IT auditors or professionals looking to advance their careers.
The flexibility of self-paced or cohort-based structures ensures that your course can attract a wide student base, generating passive income with minimal overhead. An online course business not only allows you to share your passion and knowledge but also provides a lucrative path to six-figure earnings by serving a community eager for accessible, high-quality education in IT auditing.
How much you can make: $350 — $1,000,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 88 days (?)
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
9. Start a podcast ($97.9K/month)
Starting a podcast could help you make six figures as an IT auditor by leveraging your expertise and passion for a niche topic within the IT auditing field. By sharing invaluable insights and tips, you could build a dedicated audience of professionals and enthusiasts who are keen to learn from your experiences.
Over time, a popular podcast could attract sponsors and advertisers, providing a steady stream of supplementary income. Additionally, it opens up opportunities for offering premium content, online courses, or consulting services to your audience, further diversifying your income streams. By establishing yourself as an authority through your podcast, you could significantly bolster your financial prospects while maintaining or even enhancing your primary career as an IT auditor.
How much you can make: $400 — $1,020,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 2 hours/week
A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.
10. Start a freelance writing business ($65.5K/month)
Starting a freelance writing business could be a lucrative way to supplement your income as an IT auditor and put you on the path to making six figures. With your industry knowledge, you could write specialized articles, white papers, and case studies that demand higher rates due to your expertise. This venture offers flexibility, allowing you to work from home and set your own schedule, so you can balance it alongside your auditing career.
Additionally, possessing strong writing skills, the ability to meet deadlines, and proper communication skills will be crucial. Your knack for staying up-to-date with current writing tools and trends, combined with being a self-starter, could carve out a well-paying niche for you in the freelance writing industry.
How much you can make: $700 — $500,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 56 days (?)
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
11. Start a career coaching business ($48.5K/month)
Starting a career coaching business could significantly supplement your income as an IT auditor by allowing you to monetize your expertise in professional transitions and growth opportunities. By leveraging your extensive knowledge and experience in the IT field, you could offer personalized guidance, support, and strategic services to help clients achieve their career goals, whether that involves resume building, interview preparation, or workplace advancement.
Additionally, the flexibility of offering in-person or virtual coaching sessions allows you to build a client base without compromising your primary job commitments. With the demand for targeted and effective career advice growing, establishing a coaching practice could enable you to empower others while setting your own schedule and potentially reaching a six-figure income through combined earnings from both your auditing career and coaching services.
How much you can make: $1,000 — $235,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Wall Street Oasis, the largest online community focused on careers in finance, has over 100 million visitors during its 14-year history and is currently receiving over 2 million visits per month, offering interview courses and mentorship services, in addition to building and investing in a thriving online community.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
