How to Make 6 Figures As A It Service Manager? (11 Best Ways in 2024)
So you want to make six figures as a IT service manager? Good for you! Being a IT service manager 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 service manager - business ideas you can start to achieve such income. Keep reading to learn more!
1. Create an online course ($91.9K/month)
Starting an online course could be an excellent way for you to supplement your income and potentially make six figures as an IT service manager. By leveraging your expertise, you could identify educational gaps within your field and develop engaging video lessons along with supplementary materials to instruct subscribed students. This entrepreneurial endeavor allows you to monetize your knowledge while serving eager lifelong learners.
The flexibility of creating self-paced or cohort-based structures means you could build a scalable student base, generating passive income over time. Additionally, with relatively small startup costs, launching an online course platform could transform your instructional talents into a lucrative side business or even a primary source of income. Embracing this opportunity could propel your earnings and establish your online presence as an authority in the IT service management space.
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.
2. Start a social media marketing agency ($116K/month)
Starting a social media marketing agency could significantly boost your income as an IT service manager, helping you achieve six-figure earnings. You have the opportunity to clear utility bills, finance an education, or save for a dream vacation. With the right tools and strategies, the initial time investment is minimal due to automation capabilities.
You could develop efficient marketing strategies and create an agency portfolio to attract and serve customers effectively. Given your technical skills and experience, transitioning to a digital marketing space might come naturally and yield profitable results. This side business could complement your IT career and offer substantial additional income streams.
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.
3. Start a youtube channel ($146K/month)
Launching a YouTube channel could be a smart way for you to supplement your income as an IT service manager. By sharing your expertise, troubleshooting tips, and industry insights, you could attract a dedicated audience interested in IT services. With YouTube’s established monetization system, once you reach at least 1,000 subscribers and 4,000 watch hours in the previous 12 months, you could start earning through ads, sponsorships, and affiliate marketing.
Envision turning your channel into an engaging tech resource, potentially creating a YouTube Channel Success story of your own. The considerable popularity of YouTube offers you a vast audience and the opportunity to generate revenue. If you love content creation, leveraging this platform not only enhances your personal brand but also provides a viable avenue for additional income or even a full-fledged side business.
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.
4. Start an ecommerce store ($287K/month)
Starting an ecommerce store could be a lucrative side business that helps you make six figures as an IT service manager. Leveraging the booming eCommerce industry, you could sell products or services online with lower overhead costs and increased flexibility compared to traditional brick-and-mortar businesses. This allows you to reach a wider audience and potentially generate significant supplemental income without the constraints of a physical store.
By setting up a website, integrating payment processing, and utilizing shopping cart software, you could seamlessly manage your online transactions and inventory. Your tech-savvy background as an IT service manager could give you a distinct advantage in efficiently setting up and maintaining your ecommerce system, making the whole process smoother. The convenience and growing consumer preference for online shopping could boost your ecommerce venture, paving the way to a six-figure income.
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.
5. Start a career coaching business ($48.5K/month)
Starting a career coaching business could help you make six figures as an IT service manager by leveraging your expertise to guide clients through professional transitions and growth opportunities. You could provide personalized guidance and strategy services, such as resume building, interview preparation, and workplace advancement tailored to each client’s needs.
With the flexibility to offer in-person or virtual sessions, you could build a diverse client base and empower their professional breakthroughs with your specialized advice and accountability. This entrepreneurial venture could easily complement your IT service management skills, allowing you to monetize your motivational talents, set your own schedule, and potentially earn a substantial additional income.
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.
6. Digital products ($261K/month)
Creating digital products could be a lucrative avenue for supplementing your income as an IT service manager. Whether you choose to develop software-based products like apps or games, or information-based offerings such as ebooks or courses, the possibilities are limitless. Your technical expertise positions you well to identify and create solutions that meet specific needs within your industry.
Digital products are notably easy to develop and distribute, requiring no physical inventory. You could launch your own membership site or community, where your years of experience and specialized knowledge could provide significant value. This allows for a scalable business model that can grow over time, ultimately helping you reach that six-figure income.
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.
7. Become a social media influencer ($57.4K/month)
Starting a social media influencer career could significantly supplement your income as an IT Service Manager and potentially help you reach a six-figure salary. By leveraging your expertise in IT, you could create valuable content on platforms like YouTube, Instagram, or LinkedIn, focusing on IT tips, software reviews, cybersecurity advice, and other tech-related insights. This specialized content can attract a dedicated audience, and as your following grows, brands may approach you for partnerships and sponsorships.
In addition, you could monetize your content through ad revenue, affiliate marketing, and selling online courses or eBooks. Since you already have a robust understanding of technology and project management, you might find creating and managing a social media presence to be a natural extension of your skill set. With the right strategy and consistent effort, evolving into a social media influencer could open up lucrative income streams that complement your primary career.
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.
8. Start a blog ($44.9K/month)
Starting a blog could help you make six figures as an IT service manager by leveraging your expertise and passion for technology. By creating high-quality, informative content, you could attract a loyal audience interested in your insights on IT service management. With such a substantial audience – 409 million people view over 20 billion blog pages each month – you could monetize your blog through sponsored posts, affiliate marketing, online courses, or premium content.
As 77% of internet users read blogs, there is immense potential to build a trusted platform; blogs are already regarded as the 5th most trustworthy source for gathering online information. By maintaining a consistent posting schedule and building an email list, you could engage your readers and convert them into paying customers. Whether you choose to blog as a side hustle or pursue it full-time, this creative and location-independent business could significantly supplement your income and pave the way to achieving six-figure earnings.
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.
9. Become an affiliate marketer ($55.3K/month)
Embarking on an affiliate marketing venture could be a lucrative way for an IT service manager to supplement their income and potentially reach a six-figure salary. As an IT service manager, you possess strong marketing and problem-solving skills which are crucial for driving traffic and sales to affiliate products.
Signing up for affiliate programs allows you to promote various products or services within your niche without the need to create or own them. This low-cost business model eliminates significant upfront investments, making it an accessible and smart option for anyone with an entrepreneurial mindset looking to start a side business or even transition to full-time entrepreneurship.
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.
10. Start a freelance writing business ($65.5K/month)
Starting a freelance writing business could help you make six figures as an IT service manager by providing a flexible, supplemental income stream that can be managed alongside your primary job. You could leverage your industry knowledge and technical expertise to write high-value content in tech niches, which is in high demand. This work can be done from home at any time, allowing you to set your own schedule and balance it with your main responsibilities.
To succeed, you'd need strong writing skills, the ability to meet deadlines, and a proactive approach to stay updated with the latest writing tools and trends. Proper communication skills will also help you effectively connect with clients and understand their needs, ensuring higher-quality deliverables and greater earning potential. Embracing this entrepreneurial venture could diversify your income and provide a significant boost to your financial goals.
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 podcast ($97.9K/month)
Starting a podcast could help you make six figures as an IT service manager by leveraging your expertise and industry insights to create valuable content that attracts a dedicated audience. Discussing current trends, troubleshooting tips, and innovative solutions in the IT service field could position you as a thought leader and authority in your niche. This increased visibility could lead to sponsorship and advertising opportunities, supplementing your regular income.
Additionally, monetizing your podcast through various channels such as online courses, consultancy services, or premium content subscriptions could further boost your earnings. Engaging with your listeners and creating a community around your podcast could also open doors to partnerships and collaborations, amplifying your potential to generate substantial revenue.
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.
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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.
