36 Business Ideas For IT Auditors [2024]
Interested in starting a business as a doctor in 2024?
If managed well, building a business as a doctor could be more lucrative than employment. So, which are the best business ideas for Doctors?
We put together 36 of some of the best doctor business ideas you can start in today.
For each business idea, we'll show you real-world examples of other doctor businesses to help you see what it takes.
Here's the full list:
1. Start a mobile app development business ($141K/month)
As an IT auditor, you could leverage your deep technical expertise and analytical skills to start a mobile app development business. Your background ensures that you have the proficiency to create high-quality, secure, and reliable applications, which is increasingly important as businesses seek to engage customers through mobile platforms.
By developing mobile apps, you could tap into a rapidly growing market, offering services ranging from productivity tools to social networking apps. This side business could not only supplement your income but also allow you to diversify your skill set and gain entrepreneurial experience. Plus, your meticulous attention to detail from auditing can help ensure that each app you develop meets rigorous standards, setting you apart in a competitive industry.
How much you can make: $6,000 — $700,000/month
How long does it take to build: 120 days (?)
This case study features Md. Yousuf Ali, the founder of Rank Trends, who shares how he started a successful digital marketing agency, which generated a revenue of over $6k per month through SEO and video production services.
2. Start an AI-based business ($27.9K/month)
As an IT auditor, you could leverage your technical skills and deep understanding of systems and processes to start an AI-based business. Your knowledge of risk assessment and controls can be a strong foundation to develop AI solutions that enhance security protocols, optimize compliance workflows, or audit systems more efficiently. By creating AI-driven tools that predict and prevent potential issues, you could offer businesses a significant value proposition.
Another promising avenue is developing AI-powered platforms for predictive analytics. Your expertise in data analysis can be instrumental in designing algorithms that provide actionable insights, helping companies make informed decisions about their operations, cybersecurity, and financial strategies. With the ever-growing importance of data-driven decision-making, your background as an IT auditor could uniquely position you to succeed in the AI business landscape.
How much you can make: $100 — $200,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 40 days (?)
LowCode Agency uses no/low code tools to build custom-made apps at 80% lower cost and 70% faster than traditional app development agencies, growing double digits every month and targeting $150,000 in sales in their first year.
3. Start an email marketing tool ($992K/month)
Starting an email marketing tool could be an exciting venture for you as an IT auditor. Your expertise in evaluating and ensuring the security and efficiency of systems uniquely positions you to create a robust and reliable email marketing solution. The ability to design a tool that's secure, compliant with data protection regulations, and optimized for performance can set your product apart in a competitive market.
Given the booming email marketing industry, with a market size expected to reach $2.53 billion by 2028, there is significant potential for growth. An email marketing tool can generate leads, boost sales, and expand outreach for various businesses, including entrepreneurs, startups, and real estate agents. By leveraging your IT audit skills, you could develop a tool that not only meets the needs of users but also provides them with peace of mind regarding data security and compliance.
Additionally, you could build features that focus on improving SEO rankings, automating email campaigns, and creating subscriber lists, enhancing the overall value of your tool. This venture not only supplements your income but also allows you to transition into an entrepreneurial role while utilizing your existing skill set.
How much you can make: $120 — $20,833,333/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 180 days (?)
H-supertools founder Hasan developed a set of free SEO and digital marketing tools generating $2k per month in profit using Google Adsense, affiliate marketing, selling ad spaces, and email, plans to launch a membership option, and has attained over 80k registered users and 300k monthly visits in less than two years.
4. Start a marketing coaching business ($69.6K/month)
As an IT auditor, you possess a strong analytical mindset and an ability to deeply understand business processes. Transitioning into a marketing coaching business could allow you to leverage these skills to help companies sharpen their marketing strategies, identify their unique selling points, and effectively communicate their brand messages.
In this role, you could offer one-on-one coaching sessions, lead group workshops, or create online courses, requiring minimal upfront investment except for your expertise and strategic thinking. Your experience in analyzing market trends and delivering actionable insights would be invaluable in crafting compelling content and marketing plans that drive growth.
For those passionate about marketing and interested in helping others succeed, this path offers both financial rewards and personal satisfaction. Why not take your knack for strategy and your analytical skills to start a thriving marketing coaching business today?
How much you can make: $350 — $4,166,667/month
How much does it cost to start: $1,350 (?)
How long does it take to build: 30 days (?)
How Shannon Mattern built a DIY web design training business from scratch that now generates $10k/month in revenue through affiliate commissions and courses, without outside investment or debt.
5. Start a two sided marketplace ($20.3K/month)
As an IT auditor, you could leverage your expertise to create a two-sided marketplace tailored to your industry—a platform connecting IT auditors with businesses needing their services. You could streamline the match-making process, ensuring companies find qualified auditors while auditors get access to a steady stream of potential clients. Your background in IT auditing would be invaluable in establishing trust, creating thorough verification systems, and ensuring smooth transactions on the platform.
Additionally, the marketplace could scale efficiently due to network effects—the more auditors and businesses that join, the more valuable the platform becomes. By addressing key pain points, such as finding qualified auditors and ensuring compliance, you could build a robust, user-friendly marketplace that supplements your income or even replaces your primary job over time. This venturesome opportunity leverages your existing skills while opening doors to entrepreneurial growth and innovation in the auditing field.
How much you can make: $100 — $100,000/month
How long does it take to build: 150 days (?)
Muver is a mobile app for gig workers allowing them to multi-app seamlessly between Uber, Uber Eats, Doordash, Grubhub, Lyft, Instacart, and more within a single app with over $270k revenue in the past 12 months.
6. Start an email app business ($64.6K/month)
As an IT auditor, you could leverage your expertise in systems and processes to develop an email app that addresses common pain points in email management. An email app business would enable you to create a platform offering intelligent filtering, prioritization, and possibly AI-driven responses, greatly improving how users handle their daily digital communication.
Given your background, you'd have a keen understanding of the security and efficiency requirements necessary to ensure the app's success. This venture capitalizes on the growing demand for refined communication tools and offers the potential to carve out a substantial market share by delivering a solution that stands out from competitors like Gmail and Outlook.
By channeling your analytical skills and technical knowledge into this entrepreneurial endeavor, you could establish a side business or even transition to a full-fledged enterprise, supplementing your income while providing a valuable service.
How much you can make: $21 — $400,000/month
How long does it take to build: 180 days (?)
Leave Me Alone, a web service that helps users easily unsubscribe from unwanted emails, launched in January 2019 and made $1,186 in revenue in its first month, with a successful Product Hunt launch and a focus on being an open startup contributing to its success.
7. Start a b2b lead generation service ($172K/month)
As an IT auditor, you could leverage your analytical skills and attention to detail to excel in a B2B lead generation service. By applying your expertise in data analysis, you can identify high-quality business prospects and build a robust pipeline for your clients. This side business offers the flexibility to blend research, cold outreach, and technology tools, aligning perfectly with the technical acumen you already possess.
High demand in this field means you could supplement your income significantly while providing a crucial service that many businesses struggle with. Your ability to analyze data meticulously will be invaluable in generating high-quality leads, enhancing your reputation and expanding your professional network. Entrepreneurial-minded IT auditors will find this venture scalable and rewarding, offering sustained growth opportunities.
How much you can make: $500 — $1,250,000/month
How long does it take to build: 165 days (?)
A 20-year-old digital nomad and serial entrepreneur shares his journey of starting a successful digital marketing agency, Nomads with Solutions, which specializes in Facebook lead generation, and offers insights on client acquisition, personal branding, and focusing on self-improvement.
8. Start a micro saas ($83.3K/month)
As an IT auditor, your deep understanding of risk management, compliance standards, and system vulnerabilities positions you uniquely to identify specific problems within the IT infrastructure sector that require specialized solutions. By starting a micro-SaaS business, you could develop targeted software that addresses these niche issues, leveraging your expert knowledge to create highly customized tools for auditing, compliance tracking, or risk assessment.
This specialized focus allows you to build strong relationships with customers who face similar challenges, making your solutions invaluable to them. Emphasizing customer feedback will enable you to continuously refine your product, ensuring it remains both relevant and effective. Moreover, the scalability of a micro-SaaS platform ensures that as your customer base grows, your business can expand accordingly, potentially transforming a side hustle into a fully-fledged venture.
How much you can make: $117 — $1,766,666/month
How much does it cost to start: $500 (?)
How long does it take to build: 60 days (?)
SuperLemon, a WhatsApp plugin for Shopify eCommerce stores, crossed $29,000 in MRR as of July 2020, with 20,000 users from 50+ countries and 1700+ paying customers, all acquired through organic marketing strategies and a relentless focus on customer service and satisfaction.
9. Start a niche web design business ($50K/month)
As an IT auditor, you could leverage your analytical thinking and attention to detail to start a niche web design business. By focusing on a specialized market—such as law, home improvement, or fashion—you could create highly customized websites that cater to the unique needs of these industries. This specialization could help you become a recognized expert, allowing you to charge premium rates for your services.
Moreover, your strong communication skills and teamwork experience would be invaluable in collaborating with clients to understand their requirements and deliver a product that exceeds their expectations. This side business could not only supplement your income but also provide a creative outlet and diversify your professional skill set. Additionally, the technical prowess you've honed in auditing, such as HTML, CSS, and JavaScript, could give you a solid foundation to build highly functional and visually appealing websites.
How much you can make: $200 — $200,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 50 days (?)
Never Settle, a digital agency with over 1,000 completed projects and a focus on lean methodology and building relationships with clients, has made a name for itself in the eCommerce space, offering comprehensive solutions to businesses of all sizes while maintaining consistent and moderate growth.
10. Start a social media automation business ($139K/month)
As an IT auditor, starting a social media automation business could be an excellent way to leverage your technical acumen and detail-oriented nature. By developing tools that schedule posts, automate interactions, and analyze data, you could offer invaluable services to clients like small businesses and influencers, who are eager to save time and enhance their social media presence.
Given the rising demand for consistent and strategic social media engagement, your expertise in ensuring system efficiency and reliability would be instrumental in creating robust automation solutions. Additionally, your experience with auditing IT systems positions you perfectly to stay updated on emerging social media trends and security practices, helping you build a trusted and successful business.
How much you can make: $4,000 — $400,000/month
How long does it take to build: 50 days (?)
MeetEdgar, a bootstrapped social media automation tool founded in 2014 by Laura Roeder, has grown to $4 million in annual recurring revenue and more than 5,000 customers, with a team size of two dozen, achieved through content marketing, social media marketing, and organic search.
11. Start a consulting business ($147K/month)
Starting a consulting business as an IT auditor could be a lucrative way to supplement your income or even launch a full-fledged business. The consulting industry, with a robust global market value of around $250B, offers substantial opportunities for growth and financial success. Leveraging your expertise in IT audit, you could provide specialized consulting services to organizations looking to improve their information security, compliance, and risk management processes.
With your deep understanding of systems and controls, you could advise companies on how to strengthen their IT infrastructure and safeguard against cyber threats. Reading about the entrepreneurial journeys of seasoned consultants could also provide valuable insights and help you navigate the initial hurdles of starting your own venture. This way, your extensive experience in IT audit could pave the way for a successful consulting business, allowing you to capitalize on your existing skills and industry knowledge.
How much you can make: $100 — $1,666,667/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
Cybersecurity consulting firm Eden Data, launched in March 2020, scaled to four team members and generated over $45k MRR without large startup costs through their unique Virtual CISO offering, which outsources cybersecurity and compliance needs for a flat monthly price, rather than charging by the hour or for long-term commitments.
12. Start a SEO website ($101K/month)
As an IT auditor, you could leverage your analytical skills and technical knowledge to start an SEO website, supplementing your income through increased web traffic and monetization strategies. Given your familiarity with data analysis and system efficiency, mastering SEO techniques such as keyword research, on-page optimization, and link building would likely come naturally. You could initially focus on a niche blog or e-commerce store, using tools like Google Analytics and Ahrefs to manage and optimize your SEO efforts effectively.
The scalability of an SEO website allows you to start small and expand as your expertise grows, making this a flexible side business option. This venture offers cost-effective marketing and long-term benefits, as search engine dependence continues to rise. By investing your time in learning and applying SEO principles, you could create a sustainable revenue stream while utilizing your existing professional skills.
How much you can make: $3,500 — $390,000/month
How much does it cost to start: $480 (?)
How long does it take to build: 45 days (?)
Digital Position, a digital marketing agency, was founded by Roger Parent, who was unhappy being underpaid at his job; the company is now generating over $330k/month in revenue, and aims to generate $5m in 2022, with a long-term goal of hitting $30m before Parent is 40.
13. Start a wordpress maintenance services ($24.3K/month)
As an IT auditor, you already possess a keen understanding of system security, compliance, and technical troubleshooting, which are critical skills for managing WordPress websites. By offering WordPress maintenance services, you could leverage your expertise to help businesses ensure their sites are secure, updated, and running efficiently. This service involves tasks such as security updates, plugin and theme management, speed optimization, backups, and troubleshooting—areas where your auditing background provides a solid foundation.
The business model is appealing due to its recurring revenue potential. Many website owners prefer to outsource these technicalities through a monthly service plan, providing you with a steady income stream. Moreover, the scalability of this business allows you to expand by hiring specialized staff or implementing automation tools as demand grows.
If you're entrepreneurial-minded and interested in utilizing your technical skills, starting a WordPress maintenance service could be a profitable and fulfilling side business or even a full-time venture. This opportunity enables you to maintain existing platforms while offering invaluable peace of mind to your clients.
How much you can make: $600 — $100,000/month
How much does it cost to start: $550 (?)
How long does it take to build: 22 days (?)
Work Hero is a WordPress support and maintenance service that went from working with one website in December 2019 to 13 recurring customer sites today, earning ~$1470/month with most customers paying an unlimited fee of $149/month.
14. Start a business communications software ($1.48M/month)
As an IT auditor, starting a business communications software venture leverages your unique insights into company workflows and potential security vulnerabilities. You could create cutting-edge tools that facilitate seamless communication within enterprises, amplifying productivity and ensuring robust data protection. Given your expertise, you could ensure the software meets high-security standards, addressing a critical need in today's technology-driven work environment.
By developing a reliable, user-friendly communication tool, you could help businesses bridge communication gaps, enhance collaboration, and foster a more engaging and efficient work environment. The modern emphasis on remote work and digital communication presents a massive market for such solutions, making it a promising entrepreneurial endeavor. Through this venture, you could shape how businesses interact, creating a lasting impact on the realm of business software solutions.
How much you can make: $5,000 — $10,000,000/month
How long does it take to build: 180 days (?)
PEAR Cards is a card-based tool/game that empowers players to open up and initiate positive conversations, and with the help of Ad Magic, their Kickstarter had an all-or-nothing fundraising goal, which they met with so much support the company is now growing through the power of Twitter and Instagram.
15. Start an user feedback app ($28.7K/month)
As an IT auditor, starting a user feedback app could be a strategic move, leveraging your technical expertise and analytical skills. Developing a platform that captures, organizes, and analyzes customer feedback in real-time aligns well with your background in evaluating and optimizing IT systems. With this venture, you could empower businesses to make data-driven decisions, improving their products and services based on direct user insights.
Your knowledge of app development, data analysis, and user experience design would be foundational in creating a seamless integration with websites, mobile apps, and email campaigns. This tool could provide companies with actionable data, significantly enhancing customer satisfaction and loyalty. Additionally, the potential for recurring revenue through subscription models could turn this side endeavor into a sustainable primary business, offering a promising entrepreneurial opportunity for IT auditors.
How much you can make: $100 — $150,000/month
How long does it take to build: 180 days (?)
Page Flows is a library of inspiration videos for digital product designers and makes about $4,500 per month in revenue from a small, one-off price, with slow and steady growth and long-tail keyword SEO as key drivers of success.
16. Start a lead generation service ($287K/month)
As an IT auditor, you could leverage your expertise in data analysis and problem-solving to start a lead generation service. By identifying and attracting potential customers for various businesses, you could provide a valuable resource that helps companies grow their customer base and increase sales. Your background in IT auditing equips you with the skills to create effective strategies, campaigns, and tools for capturing interest and converting it into actionable leads.
In today's digital age, businesses are constantly seeking efficient lead generation methods to stay competitive. You could offer a steady stream of high-quality leads, fulfilling a critical need in the sales pipeline and ensuring your clients' success. This entrepreneurial opportunity could allow you to supplement your income or even establish a full-time business while making a significant impact on your clients' growth and profitability.
How much you can make: $4,000 — $1,600,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 90 days (?)
Stackmatix achieved $20k MRR in under two years by providing integrated digital marketing solutions for businesses, from start-ups to Enterprises, with a holistic, consultative approach, and currently they're pacing towards their goal of $50k MRR in another six to twelve months.
17. Start a technology consulting business ($137K/month)
Starting a technology consulting business could be a natural extension of your role as an IT auditor. With your expertise in evaluating and improving IT systems, you could offer invaluable insights to businesses looking to leverage technology for strategic growth. Your ability to identify vulnerabilities and recommend effective solutions would position you as a trusted advisor to startup founders and small businesses that lack deep IT knowledge.
As a consultant, you could help organizations stay current with technology trends, ensuring their operations are not just compliant but also optimized for innovation and efficiency. The growing reliance on technology to solve critical enterprise challenges presents a ripe opportunity for you to supplement your income or even transition entirely into consulting. By sharing your skills and experience, you could drive significant value for businesses while carving out a rewarding entrepreneurial path for yourself.
How much you can make: $150 — $1,200,000/month
How long does it take to build: 100 days (?)
How a Ph.D. in computer engineering created a patented agile framework and turned it into a profitable training and consulting business, after realizing that his accumulated technology knowledge was losing value over time.
18. Start a data analytics software business ($454K/month)
As an IT auditor, you could leverage your expertise in data analysis and systematic thinking to create a data analytics software business. Your firsthand understanding of data integrity, security, and compliance would give you a significant edge in developing software tailored to specific industry needs. This business could include creating custom reporting tools, dynamic dashboards, and user-friendly interfaces that provide actionable insights to your clients.
By identifying a niche market where data-driven decision-making is crucial, you could develop specialized solutions that address unique challenges in that sector. Marketing your software effectively by highlighting its simplicity, efficiency, and the value it brings to decision-making processes will help you attract and retain clients. Ultimately, your deep knowledge in IT auditing combined with data analytics can lead to a successful side business or full-fledged enterprise.
How much you can make: $1,000 — $4,200,000/month
How long does it take to build: 150 days (?)
Diesel Laptops, a B2B company that sells diesel diagnostic hardware, software, and services, successfully doubled revenue each year to make $20 million annually within three years, grew from its founder's garage and dining room table to a 21,000 square foot facility with over 90 employees by listening to customer pain points and offering the bundled products, technical support and repair information to attract and retain diesel technicians and repair shop owners.
19. Start an online learning platform ($30.5K/month)
As an IT auditor, you could leverage your extensive knowledge in information systems and compliance to create an online learning platform that caters to professionals seeking to enhance their auditing skills. With a high demand for skill advancement and an increasing trend towards e-learning, your platform could offer specialized courses on the latest auditing tools, industry regulations, and best practices.
By focusing on niche content such as cybersecurity audits, risk management, or compliance frameworks, you could attract a dedicated audience eager to stay competitive in their careers. Even if you're not technically inclined, hiring a web programmer or purchasing a ready-made platform could simplify the process, allowing you to start this profitable venture with ease.
Such a platform could provide a significant supplementary income or even evolve into a full-fledged business, thanks to features that ensure user engagement and transaction security. This way, you not only contribute to the professional growth of others but also build a sustainable and profitable business for yourself.
How much you can make: $1,200 — $120,000/month
How much does it cost to start: $1,750 (?)
How long does it take to build: 52 days (?)
Online learning community Frontend Mentor has over 200,000 members, with over 1,500 paid subscribers generating over $15,000 MRR, offering professionally designed challenges to improve front-end coding skills with a freemium business model and a focus on real-life experience.
20. Build an iPhone app ($238K/month)
As an IT auditor, you could leverage your deep understanding of systems and security to develop an iPhone app tailored to niche needs within the tech and auditing space. With the iPhone being the most popular mobile device globally, an app that addresses specific concerns in IT auditing—such as automated compliance checks or security vulnerability assessments—could fill a significant market gap. By offering a tool that provides real-time updates and comprehensive reports, you could help professionals stay ahead in an ever-changing tech landscape.
Developing an iPhone app is not just about functionality; it’s about creating something that stands out. You could use your industry insights to build an app with a user-friendly interface that offers value to fellow IT auditors and tech professionals. Moreover, the iPhone's ability to keep users connected means you could also integrate features for seamless collaboration, making your app a must-have tool in IT auditing.
How much you can make: $150 — $2,000,000/month
How long does it take to build: 190 days (?)
Time commitment per week: Min. 5 hours/week
Payment.co, an app built on top of the Stripe payment gateway for creating card-present charges, has grown to process over $70M in volume annually since launching in 2015, with the app collecting a 1% service fee on every single charge.
21. Start a data mining and analytics tools business ($237K/month)
As an IT auditor, you could leverage your expertise in risk assessment and control systems to start a data mining and analytics tools business. By developing software that extracts, processes, and analyzes large datasets, you could help businesses uncover critical patterns and trends, offering them actionable insights to drive strategic decision-making.
This venture is particularly promising in industries such as finance, healthcare, and retail, where sophisticated data analysis can lead to significant improvements in efficiency and effectiveness. With a strong grasp of programming, statistics, and machine learning, you could create tools that address unmet needs in these sectors, meeting the growing demand for data-driven solutions.
In essence, this business idea not only capitalizes on your existing technical skills but also aligns with current market trends, providing a fulfilling and lucrative entrepreneurial path.
How much you can make: $450 — $1,500,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 107 days (?)
Parseur, the data extraction tool, helps businesses automate their data entry process, catering to multiple industries such as food delivery, real estate and marketing, and has grown to over $40k in revenue per month since its launch in 2017.
22. Start a customer intelligence analytics business ($107K/month)
As an IT auditor, starting a customer intelligence analytics business could leverage your analytical skills and deep understanding of data compliance. Given that customer intelligence analytics involves processing and analyzing customer data to generate actionable business insights, your existing expertise in data accuracy and security could be a critical asset.
You could offer services to help businesses make more informed decisions and craft better marketing and sales strategies based on the insights from their customer data. The demand for such services is on the rise, as companies increasingly rely on data to drive business growth and improve customer retention rates. With your background, you could build a reputable consultancy that helps organizations navigate the complexities of customer data.
This venture aligns with your knowledge base and the growing market for data-driven decision-making. Partnering with industry leaders like Verint could also provide a solid platform to offer scalable, high-value solutions for both small and large enterprises. Your ability to translate complex data into clear, actionable insights could set you apart and make your services indispensable.
How much you can make: $100 — $840,000/month
How long does it take to build: 180 days (?)
EspoCRM, an open-source CRM application for small and mid-size businesses, has seen an average of over 16,000 downloads per year and makes up to $30k per month, offering efficient tools to systematize customer data, improve sales cycles, and automate routine administrative tasks.
23. Start a saas company ($296K/month)
As an IT auditor, you could leverage your technical skills and deep understanding of business processes to develop a successful SaaS company. By creating a software product that addresses specific needs in areas like project management, automation, or workflow design, you tap into a market of businesses looking to streamline their operations and lower IT costs. Your expertise in identifying inefficiencies and potential risks could help you design a secure, efficient, and high-quality software product.
The subscription-based model of SaaS offers recurring revenue, ensuring a steady income stream while you continue your auditing career or transition fully into your entrepreneurial venture. With a growing demand for cloud-based solutions, especially as seen with companies like Salesforce generating substantial revenue from their SaaS products, the potential for high margins and robust growth could make this a lucrative side business or even a full-time career shift.
How much you can make: $20 — $20,833,333/month
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
AI-powered web application, Excelformulabot.com, generates Excel formulas within seconds for a subscription fee of $6.99/month or free for five formula requests per month, resulting in $14k/month in recurring revenue since its launch in September 2022, accruing millions of visitors through word of mouth, influencer marketing, SEO, and PPC, implemented through no-code web application Bubble.io, while preparing to penetrate a B2B market and focus on B2B outreach in the future.
24. Start a cloud management software ($129K/month)
As an IT auditor, your expertise in evaluating and optimizing IT systems positions you perfectly to develop cloud management software. You could leverage your in-depth knowledge of compliance, security, and efficiency to create solutions that help businesses manage their cloud resources more effectively. This venture aligns well with the increasing demand for cloud-based services and the need for robust, automated systems to monitor and optimize cloud infrastructure.
By starting a business in cloud management software, you’d be tapping into a rapidly growing market, encompassing various industries such as healthcare and finance. Your skills in auditing and problem-solving would be invaluable in designing systems that address the complexities of cloud management, providing businesses with the tools they need to navigate their digital transformations. If you have a passion for software development and a drive to solve intricate challenges, this business idea could offer both financial rewards and professional fulfillment.
How much you can make: $25,000 — $330,000/month
How long does it take to build: 180 days (?)
Third Wave Analytics developed the world's first cloud-based and customizable LIMS platform on Salesforce, generating $330k monthly revenue from clients such as Ohio State University and Boston University School of Medicine while partnering with the University of California-Berkeley for a COVID-19 study; founder Savitra Sharma advises aspiring entrepreneurs to focus on clear objectives to meet their goals.
25. Start a luxury brand ($1.91M/month)
As an IT auditor with a penchant for entrepreneurship, you could leverage your analytical and risk assessment skills to launch a luxury brand. Statistics show the global luxury products market is set to grow by a CAGR of 3.75%, fueled by increased wealth and income among affluent members of society. This presents a lucrative opportunity to supplement your income by developing a luxury eCommerce business or local store.
You could specialize in selling high-end fashion and accessories online, capitalizing on your technical prowess to create a secure, user-friendly eCommerce platform. Alternatively, a local store aimed at affluent customers in your vicinity could further diversify your revenue streams. Utilizing your background in IT auditing, you could ensure the business operates efficiently and securely, thus building trust and driving profitability.
How much you can make: $8,000 — $12,000,000/month
How long does it take to build: 175 days (?)
Maxwell-Scott is a British-born luxury leather goods company handmade in Tuscany that sells to AB degree-level educated professionals with high disposable income and is now taking $400,000 a month across websites in 7 countries.
26. Start a grocery store
As an IT auditor, leveraging your analytical skills and attention to detail can be crucial in the planning and operational phases of starting a grocery store. You could analyze market trends, optimize inventory systems, and implement cost-effective technologies, such as advanced POS systems, to streamline operations and enhance customer satisfaction. Your expertise in assessing risks and compliance will also aid in navigating regulatory requirements, securing a seller's license, and ensuring data security in transactions.
Given that grocery stores can generate significant annual profits if managed well, this venture could become a substantial income supplement or a rewarding full-time business. Additionally, by focusing on local distributors to minimize costs and incorporating high-margin items like a coffee shop or convenience products, you could enhance profitability.
27. Start a business form templates business ($26.4K/month)
As an IT auditor, your expertise in understanding detailed processes and compliance requirements positions you uniquely to start a business form templates venture. You could create and sell pre-designed templates for various business documents such as contracts, invoices, and HR forms, leveraging your ability to ensure these templates meet industry standards and regulatory requirements.
With your meticulous eye for detail and your knowledge of what businesses need to stay compliant and efficient, you could develop high-quality, customizable templates that resonate with a wide array of companies. This business could supplement your income through a steady stream of sales as businesses continue to seek out efficient and professional solutions for their paperwork needs.
A business form templates venture could uniquely fit into your current profession, allowing you to use your auditing skills to offer a side business that truly adds value. By keeping your templates up-to-date and relevant, you stay ahead of market trends, reinforcing the meaningful role you play in helping other businesses streamline their operations.
How much you can make: $1,000 — $43,000/month
How long does it take to build: 120 days (?)
ProjectionHub helps entrepreneurs create financial projections using a library of 50+ CPA-developed financial projection spreadsheet templates, generating over $20,000 per month in revenue without the need for software subscription models.
28. Start a golf youtube channel
As an IT auditor with an entrepreneurial spirit, starting a golf YouTube channel could be a fantastic way to supplement your income or even pivot into a new business venture. By leveraging your analytical skills, you could create engaging and informative content that caters to novices and experienced golfers alike. Given your profession, you might appreciate the systematic and data-driven approach to understanding golf techniques, equipment reviews, and game strategies, presenting this content to an online audience.
Your proficiency with technology would help you produce high-quality videos, enhancing viewer engagement and growing your subscriber base. Once your channel gains traction, joining the YouTube Partner Program would allow you to monetize your content, opening streams of revenue through advertising, memberships, and merchandise sales. Thus, a golf YouTube channel combines your passion for golf with a strategic, business-oriented approach, making it a viable and enjoyable side hustle or main business.
29. Start a seminar promoter business
As an IT auditor, you could leverage your industry expertise to start a seminar promoter business. By organizing and promoting seminars focused on IT compliance, cybersecurity, and audit best practices, you would tap into a niche market that values specialized knowledge. Your credibility and network within the IT industry could attract speakers and attendees, offering a platform for knowledge sharing and professional development.
Additionally, this side business could supplement your income while allowing you to stay updated on the latest industry trends and connect with key stakeholders. By addressing relevant topics that resonate with IT professionals, you could create recurring revenue streams through ticket sales, sponsorships, and collaborations.
30. Start a therapy business ($74.8K/month)
As an IT auditor, you could leverage your detail-oriented, analytical skills to start a side business or entirely pivot into a therapy business. Your aptitude for identifying inefficiencies and fostering improvements aligns well with the therapy profession, where you would help clients identify mental and emotional challenges and work toward personal growth.
Considering your ability to work with complex systems, you could excel in understanding the nuanced issues your clients face, developing structured plans for their mental well-being. By choosing a specific therapy niche and obtaining the requisite certifications and licenses, you could create a fulfilling and profitable business, supplementing your auditing income or transitioning into a new career.
How much you can make: $10,000 — $250,000/month
How long does it take to build: 120 days (?)
Professional cuddler, Sam Varnerin, developed her successful one-to-one cuddle service, Snuggle with Sam, as a result of recognising the universal human need for connection and touch, which also led to her opening Sam’s Snuggle School, a course for aspiring professional cuddlers.
31. Start a jewelry reselling business
As an IT auditor, you could consider starting a jewelry reselling business to supplement your income or even transition into a full-time venture. Many people want to dispose of their old jewelry, especially after major life changes like divorce or selling estate pieces, providing a regular supply of inventory for you to acquire at lower prices.
Capitalizing on your analytical skills, you could create a robust, data-driven platform to buy and resell pre-owned jewelry profitably. Launching a jewelry sale website or running a local brick-and-mortar store could offer you flexibility and opportunities for additional revenue streams while allowing you to keep your day job as an IT auditor. This entrepreneurial pursuit taps into the lucrative fashion market, which can be both fulfilling and financially rewarding.
32. Start a project management tool ($162K/month)
As an IT auditor, your deep understanding of organizational systems and processes positions you uniquely to identify inefficiencies and gaps in project management tools. Leveraging your insights, you could develop a project management tool tailored to address these pain points, offering features like task lists, Gantt charts, time tracking, and resource planning.
By providing this as a web or mobile application through a software-as-a-service subscription model, you could establish a recurring revenue stream while catering to a market always in need of optimized workflow solutions. This venture not only supplements your income but also allows you to utilize your auditing expertise to create a tool that enhances accountability and efficiency for various organizations.
Such a business has significant potential, given the continuous demand for innovative, user-friendly tools that help teams collaborate more effectively and manage resources more strategically. With your background in IT auditing, you could identify key differentiators to make your project management tool stand out in a competitive marketplace.
How much you can make: $3,000 — $830,000/month
How long does it take to build: 178 days (?)
GreenRope, a self-funded CRM and marketing automation platform with over 1,000 customers in 20 countries, was built organically and focused on creating a positive, customer-centric culture without outside investment, with an all-in-one interface solving challenges in managing sales, marketing, customer service, and operations.
33. Start a software development agency ($544K/month)
Starting a software development agency could be a strategically profitable venture for an IT auditor looking to diversify their income or transition into entrepreneurship. Given your intimate understanding of business processes and technical systems, you are uniquely positioned to identify inefficiencies that custom software solutions can address, making your agency valuable to various organizations.
Your background as an IT auditor would enable you to not only develop robust, high-quality software but also ensure it adheres to compliance and security standards, which is critical in today’s digital landscape. With businesses constantly seeking ways to save time and money, your ability to offer streamlined, bespoke software solutions could command premium pricing, making this a lucrative business opportunity.
How much you can make: $6,000 — $8,500,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 30 days (?)
A software agency started by a non-technical founder helps diverse clients with their minimum lovable product, boasting a revenue of over $700,000 this year with a 20% profit margin and a team of 8.
34. Become an IT consultant ($482K/month)
As an IT auditor, you possess a deep understanding of evaluating IT systems and ensuring their compliance, making IT consultancy a natural extension of your skills. By becoming an IT consultant, you could supplement your income by leveraging your analytical expertise to diagnose and improve companies' IT infrastructures. Your background in auditing would enable you to identify inefficiencies and devise solutions that not only meet business objectives but also adhere to regulatory standards.
Moreover, this role would allow you to diversify your professional portfolio and capitalize on your existing knowledge of IT systems. Whether you choose to pursue this as a side business or a full-time venture, IT consultancy offers the flexibility to tailor your services based on client needs, making it an attractive and lucrative option for entrepreneurial-minded IT auditors.
How much you can make: $2,100 — $4,166,667/month
How much does it cost to start: $650 (?)
How long does it take to build: 60 days (?)
This case study features Md. Yousuf Ali, the founder of Rank Trends, who shares how he started a successful digital marketing agency, which generated a revenue of over $6k per month through SEO and video production services.
35. Start an office partitioning business
As an IT auditor, you could leverage your attention to detail and project management skills to start an office partitioning business. This side venture would allow you to supplement your income by providing solutions for businesses looking to refurbish their office areas with effective, lightweight partitions tailored to meet their specific needs.
Your ability to understand and analyze business requirements can ensure that partitioning solutions not only align with the company’s aesthetic but also optimize workspace efficiency. By combining your IT auditing expertise with professional craftsmanship and creativity, you could offer a unique service that enhances office environments while generating extra income.
36. Start a radio show
Starting a radio show could be a lucrative side business for an IT auditor, providing a platform to share industry insights and expert advice on cybersecurity, compliance, and risk management. By addressing real-world challenges and discussing emerging trends, you could attract a dedicated following of professionals seeking to stay updated in a constantly evolving field.
Additionally, a radio show could serve as a means to network with other experts and influencers in the industry, thereby opening doors to consulting opportunities, speaking engagements, and potential partnerships. This venture not only supplements your income but also solidifies your reputation as a thought leader in IT auditing.
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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.
