Passive Income Ideas For Technical Account Managers [2024]
Interested in earning passive income as a technical account manager in 2024?
We put together a few of the best passive income ideas you can start as a technical account manager today. These will help you increase your quality of life by bringing in more income for yourself or your business.
For each income idea, we’ll show you real-world examples, revenue expectations for each idea, plus some things you might need to know before you start your passive income journey as a technical account manager.
Here's the full list:
1. Make passive income with a niche blog ($31.5K/month)
As a Technical Account Manager, you could consider starting a niche blog to supplement your income by sharing your unique expertise and insights on industry-specific topics. By focusing on a profitable and underserved niche that you are passionate about, such as emerging technologies, customer relationship strategies, or software management tools, you could create a valuable resource for a dedicated audience.
Your blog content could include how-to guides, product reviews, industry news, and interviews with industry experts. As your blog grows, you could monetize it by adding affiliate links, partnering with relevant brands, or even speaking at events. Engaging with your community through comments and social media can further boost your blog’s visibility and popularity, providing a steady stream of passive income.
How much you can make: $100 — $650,000/month
How much does it cost to start: $650 (?)
How long does it take to build: 60 days (?)
Starter Story grew to 1.4 million monthly visitors and millions in annual revenue by sharing the stories of entrepreneurs. Pat breaks down the early days and how he grew the business into something that changed his life.
2. Make passive income with an online course sales business ($85K/month)
As a technical account manager, you could leverage your expertise and industry knowledge to create online courses that address common challenges or skills gaps within your field. By identifying key areas where your technical insights can provide value, such as troubleshooting software issues or managing client relationships, you could develop course content that is highly relevant to your peers and aspiring professionals.
By choosing a target audience and selecting an appropriate online learning platform to host your courses, you could begin earning passive income. With the e-learning market projected to significantly grow in the upcoming years, now could be an opportune time to turn your professional skills into a profitable side business. Through online course sales, you could continue to share your expertise, helping others while supplementing your income.
How much you can make: $100 — $300,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 180 days (?)
A multipreneur shares how she built a successful print on demand side hustle, generating $120,000 per year through multiple brands spread over various platforms.
3. Make passive income with a craft accessories business
As a technical account manager, you likely have a keen eye for detail and problem-solving skills, both of which can be invaluable when starting a craft accessories business. You could start by creating and selling handmade items such as jewelry, hairpins, or bags, tapping into a growing market for unique, artisanal products that customers can't find in mainstream stores.
This venture lets you combine a creative hobby with the potential for profit, allowing you to start small with minimal investment in materials. Online platforms like Etsy could help you reach a global audience without needing a physical store.
If you enjoy blending creativity with commerce, a craft accessories business could be an exciting and rewarding way to supplement your income. Balancing your artistic talents with your business acumen might turn this side hustle into a flourishing venture, leveraging your organizational skills and attention to detail for success.
How much you can make: $1,200/month
The Crafty Gentleman, a UK-based DIY and craft blog, generates over $1.2k per month through sponsored brand partnerships and recently launched an online shop after organically growing a reader base and consistently nurturing an engaging online presence.
4. Make passive income with a swaddle wrap
As a technical account manager, you could explore the opportunity of starting a swaddle wrap business to supplement your income. This enterprise taps into the consistent need new parents have to comfort their newborns, and offers a way to turn your creative and problem-solving skills into a profitable side hustle.
The process involves designing swaddle wraps with high-quality, safe materials, and ensuring that they are both easy to use and visually appealing for parents. You'll handle tasks like sourcing materials, working with manufacturers, and creating sales channels, leveraging your organizational skills and attention to detail.
If you’re passionate about infant care and have an interest in product design, this could be a fulfilling venture. By stepping into the swaddle wrap market, you have the possibility to meet a constant demand while providing a product that makes a real difference in the lives of parents and their babies.
How much does it cost to start: $700 (?)
5. Make passive income with an ai based business solution ($55.8K/month)
As a technical account manager, you could leverage your technical expertise and understanding of business needs to create an AI-based business solution. This could involve developing AI tools that automate repetitive tasks, provide valuable customer insights, and predict market trends accurately. With AI, you could help other companies streamline operations, enhance efficiency, and cut costs, making your solution highly valuable.
Even if you don’t have a tech background, many AI platforms offer user-friendly interfaces and comprehensive support, making it easier to get started. The growing demand for AI solutions provides a robust market, giving you the opportunity to innovate and make a substantial impact. With a well-thought-out implementation plan, this entrepreneurial venture could be a strategic move to supplement your income.
How much you can make: $4,000 — $120,000/month
How long does it take to build: 125 days (?)
Mikkelsen Twins grew an online education company from scratch with over 800 students, making over 6-figures in profit every month thanks to their successful program, Audiobook Income Academy 2.0.
6. Make passive income with an email marketing tool ($992K/month)
As a technical account manager, starting an email marketing tool could be a great way to supplement your income and make extra money. Given your experience in managing accounts, a software application that helps create, manage, and automate email campaigns would leverage your existing skills. You could create tools tailored to specific industries, offering unique features that other email tools might lack.
Email marketing is one of the most effective marketing channels, capable of generating leads, increasing sales, and reaching more customers than a blog or website. By developing an email tool, you could tap into a booming market projected to reach $2.53 billion by 2028. This venture would allow you to create something valuable for entrepreneurs, startups, and even real estate agents, giving you a wide array of potential users and applications.
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.
7. Make passive income with a social media automation business ($139K/month)
As a technical account manager, you could explore starting a social media automation business as a way to leverage your technical skills and build an additional income stream. This involves creating tools and services that help businesses and influencers manage their social media accounts more efficiently—scheduling posts, automating interactions, and analyzing data.
Given your background, you likely already have the skills to understand client needs, develop or find the right software solutions, and integrate these seamlessly. With the increasing demand for consistent and strategic social media engagement, a growing number of clients will value services that save them time and boost their online presence. By offering these automated solutions, you could transform your tech knowledge into a profitable side 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.
8. Make passive income with a wordpress plugin business ($33.4K/month)
As a technical account manager, you already have a strong understanding of technical systems and customer needs. This positions you well to identify common pain points or gaps in functionality that WordPress users face. By developing a plugin that addresses these issues, you could create a solution that not only helps website owners but also brings in passive income for you.
Starting a WordPress plugin business allows you to leverage your existing technical skills in a way that can generate ongoing revenue. You could sell your plugins on platforms like CodeCanyon or through your own website, reaching a broad audience of potential customers. With some initial effort in development, your plugin can continue to generate sales while you focus on your existing job responsibilities.
How much you can make: $120 — $120,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
Wheely Sales CEO Josh created a lucky wheel popup that has grown revenue from $0 to $600/month in just 4 months since getting started and has attracted over 1.1 million users to his customers’ websites, all while proving that when it comes to creating a product, competition is validation.
9. Make passive income with a lead generation tool ($108K/month)
As a technical account manager, you could supplement your income by developing a lead generation tool. Imagine creating a software application that automates the process of finding potential clients for businesses, making it easier for them to grow their customer base. By integrating this tool with websites, social media, and other digital channels, you could capture valuable data like email addresses and phone numbers effortlessly.
Businesses are always looking for efficient ways to attract the right customers, so the demand for such a tool is high. If you’re tech-savvy and have an eye for marketing, this venture could be a practical way to turn your skills into passive income. Not only would you be addressing a common problem, but you’d also be setting up a potential source of ongoing revenue with minimal maintenance.
How much you can make: $1,000 — $400,000/month
How much does it cost to start: $600 (?)
How long does it take to build: 90 days (?)
Dux-Soup is a LinkedIn automation tool that helps business owners and sales & marketing professionals generate more leads, increase efficiency, and save time; with over 70,000 users and revenue of nearly $5 million, it offers automated top-of-the-funnel LinkedIn outreach activities, targeted LinkedIn campaigns and multi-touch & personalized LinkedIn drip campaigns for lead generation.
10. Make passive income with an ecommerce reselling business ($83.3K/month)
Starting an eCommerce reselling business could be a smart move for a technical account manager looking to earn some extra money on the side. Since a reseller business involves purchasing goods or services and reselling them, you don't have to worry about production costs. This saves you time and resources, making it easier to manage alongside your demanding career.
One of the best parts is that you don't need a website to get started right away. You could use social media platforms to market and sell your products initially, and then create a dedicated website as your business expands. This approach allows you to test the waters and gain experience in eCommerce without significant upfront investments.
How much you can make: $4,000 — $150,000/month
How much does it cost to start: $2,999 (?)
How long does it take to build: 75 days (?)
Empyre Off-Road, an e-commerce business founded by Greg Shuey which sells aftermarket parts for Toyota Tacomas, Tundras, and 4Runners, generated approximately $100,000 a month in revenue and was able to expand its product offering, focusing on content marketing, email marketing campaigns, and organic social media to attract and retain customers.
11. Make passive income with a photography blog ($10.1K/month)
As a technical account manager, you are likely familiar with the importance of clear communication and staying up-to-date with the latest trends. Starting a photography blog could be a natural extension of these skills, allowing you to supplement your income while sharing your passion for photography. You could create tutorials, share gear reviews, and post behind-the-scenes stories, all of which can attract a dedicated audience.
Your technical background offers a unique advantage in understanding the tools and software that can help streamline your blogging process. Additionally, by leveraging social media and networking with professionals both in tech and photography, you could build a strong online presence more efficiently. Over time, you could monetize your blog through advertising, sponsorships, and offering paid courses or ebooks, making it a viable source of passive income.
How much you can make: $1,200 — $27,400/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 180 days (?)
A software engineer turned founder started a digital camera review website as a side-hustle which turned into a successful online publication with up to 1.3 million unique monthly visitors, generating around $1,000 per month, attracting visitors through guest posts, focusing on desirable quality content, and through answering popular questions on Stack Exchange, providing helpful advice for other entrepreneurs.
12. Make passive income with a freelance business tool
As a technical account manager, you could leverage your skills to create a freelance business tool that helps freelancers manage their workload efficiently. Imagine developing a digital assistant that organizes tasks, manages projects, and handles invoicing—an all-in-one virtual office manager. This tool could minimize the chaos often faced by freelancers, letting them focus more on delivering high-quality work.
Starting this venture would require you to understand what features freelancers need and have some basic software development skills. You'll need to conduct market research to ensure your tool stands out and truly meets the needs of freelancing professionals. This side project could not only supplement your income but also offer the satisfaction of solving real problems for freelancers around the globe.
How much you can make: $1,000/month
Workee is a user-friendly business management software for freelancers who do private appointments, created by a team of experienced software developers after conducting 20 interviews and seeing a huge need for a tool that can autopilot work routines and an all-in-one approach to avoid high marketplace fees.
13. Make passive income with a garage organizer business
As a technical account manager, you already possess strong organizational and customer service skills, which can be easily transferred to starting a garage organizer business. By leveraging your ability to understand client needs and tailor solutions accordingly, you could help homeowners and businesses declutter and create functional, efficient garage spaces. This new venture would not only be a useful service but also a rewarding way to supplement your income.
You could begin by assessing clients' needs and creating customized plans, which might involve installing shelving, cabinets, and other storage solutions. Your time management skills will be valuable as you balance multiple projects. Marketing and networking skills will also be crucial in attracting new clients and growing your business. The versatility of your current skill set makes this side hustle both practical and promising.
How much you can make: $10,500/month
Curate Labs is a creative practice focused around ethical and sustainable design, with an annual publication that champions good business and a travel platform that advocates conscious travel, founded in 2016 by co-founders Abb-d Choudhury and Sara, bootstrapped, now turning into one business with 3 departments and aiming for 50-100% increase in revenue.
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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.
