How to Make 6 Figures As A Technical Account Manager? (11 Best Ways in 2024)
So you want to make six figures as a technical account manager? Good for you! Being a technical account 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 technical account manager - business ideas you can start to achieve such income. Keep reading to learn more!
1. Start a social media marketing agency ($386K/month)
Starting a social media marketing agency could significantly boost your income as a technical account manager, helping you reach a six-figure salary. You could leverage your existing technical skills and industry insights to develop a strong social media marketing strategy that attracts paying clients. By automating tasks using social media tools, you minimize time commitment while maximizing efficiency and scalability.
This side business could cater to various financial needs, such as clearing your utility bills, financing education, or saving for vacations. Additionally, creating a professional agency portfolio to showcase your services would be crucial in attracting and retaining clients. This supplementary income stream allows you to diversify, expanding your earning potential without overextending your work hours.
How much you can make: $1,000 — $4,166,667/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 75 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.
2. Digital products ($242K/month)
As a technical account manager looking to make six figures, supplementing your income with digital products could be a game-changer. You could create software-based products like an app tailored to your industry or an information-based product such as a specialized eBook or online course to share your expertise. Given your technical skills, developing these products could be straightforward and highly rewarding.
Digital products are not only easy to produce but also have low overhead costs, given that you don’t need to worry about physical inventory. Additionally, the potential for passive income is significant because once created, digital products can be sold endlessly without additional effort on your part. This provides an excellent opportunity to build a scalable side business that complements your primary career, moving you closer to 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.
3. Start a blog ($44.9K/month)
Starting a blog could be a lucrative way to supplement your income as a technical account manager by leveraging your industry expertise to attract a broad audience. With 77% of internet users reading blogs and approximately 409 million people viewing over 20 billion pages each month, you have a vast potential audience to tap into for generating ad revenue, affiliate marketing, or selling courses and eBooks.
As a technical account manager, your insights and specialized knowledge could position you as an authority within your niche, earning the trust of your readers—blogs are rated as the 5th most trustworthy source of online information. By consistently delivering valuable content, you could build a loyal following that provides consistent, scalable income, ultimately paving the way to potentially earning six figures through your blog.
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.
4. Start a freelance writing business ($62.6K/month)
Starting a freelance writing business could be a lucrative way for you as a technical account manager to supplement your income and explore entrepreneurial opportunities. Leveraging your industry knowledge, you could write highly-specialized content, such as white papers, product reviews, and technical guides, for businesses looking to communicate complex information clearly. This niche expertise can command higher rates and make it easier for you to hit that six-figure mark.
Additionally, freelance writing offers the flexibility to set your own hours and work from anywhere, allowing you to balance your primary job while building your writing portfolio. As long as you possess strong writing skills, the ability to meet deadlines, and stay updated with current trends, you could successfully transition from side gig to a sustainable business. This entrepreneurial endeavor could not only increase your earnings but also diversify your professional skill set.
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.
5. Create an online course ($82.8K/month)
Creating an online course could be a lucrative way to supplement your income as a technical account manager, allowing you to capitalize on your specialized skills and knowledge. By identifying educational gaps and developing engaging video lessons and supplementary materials, you could create a comprehensive learning experience for students eager to advance in technical account management or related fields.
Given the flexibility of self-paced or cohort-based structures, you have the potential to build a student base that generates passive income, providing financial benefits beyond your primary job. With low startup costs and a natural inclination towards information-sharing, launching an online course platform could not only diversify your income streams but also position you as an industry expert, attracting further career opportunities.
How much you can make: $275 — $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.
6. Become a social media influencer ($57.4K/month)
Starting a side business as a social media influencer could significantly boost your income as a technical account manager. By establishing credibility in a specific industry and harnessing your expertise to create valuable content, you could attract a large audience on platforms like Instagram, YouTube, Facebook, or TikTok. Brands are eager to collaborate with influencers to connect with their target market, offering lucrative partnerships and sponsorships.
With the right strategy, you could tap into popular niches related to technology, account management, or other fields of interest. By consistently producing engaging and informative content, you could build a loyal following and leverage that audience to earn additional income through brand deals, sponsored posts, and affiliate marketing. This entrepreneurial endeavor not only supplements your existing income but also positions you as a thought leader in your industry.
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.
7. Become an affiliate marketer ($55.3K/month)
Supplementing your income as a technical account manager by becoming an affiliate marketer could help you achieve that six-figure mark. As an affiliate marketer, you promote other companies’ products or services and earn a commission for each sale made through your unique referral link. This setup allows you to generate additional revenue without the need to create or own the products yourself, keeping your upfront investment low.
By leveraging your industry knowledge and marketing skills, you could drive traffic and sales to products that align with your expertise and audience. Signing up for affiliate programs in your specialized niche and using targeted marketing strategies can turn this side hustle into a lucrative business, bringing you closer to your financial goals. With the flexibility to work around your current job, affiliate marketing offers a promising avenue to significantly boost your income.
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. Start a youtube channel ($146K/month)
Starting a YouTube channel could be a lucrative opportunity to supplement your income as a technical account manager and potentially help you reach six figures. By creating content that leverages your industry knowledge and expertise, you could establish yourself as a thought leader and attract a dedicated audience. This platform allows you to share insights, solve common tech challenges, and provide tutorials, all of which can drive viewership.
Once you reach the minimum requirements of 1,000 subscribers and 4,000 watch hours, you could join the YouTube Partner Program to monetize your content. Additionally, you could explore brand partnerships, sponsored content, and even offer premium consulting services through your channel for added revenue streams. If managed strategically, your YouTube channel could become not just a side business but a significant contributor to your overall income.
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.
9. Start an ecommerce store ($287K/month)
Starting an eCommerce store could be an excellent way to supplement your income as a technical account manager and help you achieve the coveted six-figure salary. With the right strategy and execution, you could leverage the booming eCommerce market to create a profitable side business. The lower overhead costs and vast reach of online sales platforms provide an opportunity to earn significant additional revenue without substantial initial investment.
Given your technical expertise, setting up and managing an eCommerce store should be manageable. You could build an online platform where customers can easily browse your inventory and make purchases, utilizing tools such as payment processing software and shopping cart systems. Additionally, your ability to manage inventory and optimize operational efficiency could give you a competitive edge in the crowded online marketplace.
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.
10. Start a career coaching business ($48.5K/month)
Starting a career coaching business could significantly supplement your income as a technical account manager, propelling you towards a six-figure salary. By leveraging your industry expertise, you could offer personalized guidance on resume building, interview prep, and workplace advancement, tailored to each client’s professional aspirations. This not only adds a diverse revenue stream but also positions you as a thought leader in your field.
Running a career coaching practice provides the flexibility to conduct sessions virtually or in person, meaning you could manage this venture alongside your main job. Additionally, monetizing your motivational abilities and human resources knowledge lets you set your own schedule and build a loyal client base. Ultimately, empowering others to achieve their career goals not only enhances their lives but also boosts your own financial success.
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.
11. Start a podcast ($97.9K/month)
Starting a podcast could significantly supplement your income as a technical account manager by allowing you to share your expertise and insights with a broader audience. By choosing a niche within the tech industry that you're passionate about, you could attract listeners who value your unique perspective and knowledge, which can lead to monetization opportunities such as sponsorships, advertising, and even premium content subscriptions.
Moreover, a podcast could also serve as a platform to network with other professionals, potentially opening doors to consulting gigs, speaking engagements, or partnerships that further boost your earnings. By investing in basic recording equipment and utilizing affordable hosting platforms, you could keep your startup costs low while building a dedicated audience through social media and online community promotion.
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.
