How to Make 6 Figures As A Baker? (11 Best Ways in 2024)
So you want to make six figures as a Baker? Good for you! Being a Baker 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 Baker - business ideas you can start to achieve such income. Keep reading to learn more!
1. Start a career coaching business ($48.5K/month)
Starting a career coaching business could significantly boost your income and help you make six figures as a baker. By leveraging your industry experience and motivational skills, you could offer personalized guidance and support to aspiring bakers, helping them navigate professional transitions and achieve growth opportunities.
You could design custom sessions for clients, assisting with resume building, interview prep, and workplace advancement goals tailored to each individual's aspirations. With the flexibility for in-person or virtual meetings, you could build a strong client base and provide specialized advice and accountability that leads to their professional breakthroughs.
This entrepreneurial venture allows you to monetize your expertise and speaking talents while setting your own schedule, making it a lucrative side business or even a full-time career path.
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.
2. Start an ecommerce store ($287K/month)
E-Commerce Store for Bakers: A Path to Six Figures
Starting an eCommerce store could be a transformative step in making six figures as a baker. With lower overhead costs than a traditional brick-and-mortar bakery, you could maximize your profit margins while reaching a wider customer base. Imagine selling your specialty baked goods—from artisan bread to custom cakes—to customers across the country without leaving your kitchen.
Given the booming eCommerce industry, consumers appreciate the convenience of ordering online and having products delivered directly to their doorstep. An efficient eCommerce platform allows you to showcase your unique creations, manage inventory, and process payments seamlessly. By leveraging the flexibility and broad reach of an online store, you could supplement your income or potentially transition into a full-time, lucrative business.
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.
3. Become an affiliate marketer ($55.3K/month)
One innovative way to supplement your income as a baker is by becoming an affiliate marketer. As an affiliate marketer, you could promote baking-related products such as premium baking tools, specialty ingredients, or even online baking courses. You would earn a commission for each sale made through your referral, allowing you to leverage your baking expertise to drive traffic and sales for other businesses.
This venture is particularly appealing because it has minimal startup costs. You don’t need to create or own the products yourself; you simply need to sign up for affiliate programs with relevant companies, get approved, and start sharing your unique tracking links. By utilizing your existing online presence and marketing skills, you could develop a steady and lucrative supplementary income stream, helping you inch closer to that six-figure mark.
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.
4. Start a social media marketing agency ($116K/month)
Starting a social media marketing agency could be a highly effective way to supplement your income as a baker and eventually help you make six figures. Through leveraging social media marketing tools, you could automate many tasks, allowing you to manage your existing bakery commitments while generating additional revenue. This means you could easily clear your utility bills, finance your college education, or save for a vacation without a substantial time investment.
Moreover, by developing a robust social media marketing strategy and creating an agency portfolio, you could efficiently serve a range of clients. This not only diversifies your income stream but also widens your entrepreneurial skills, making you more versatile in your career. With the right strategy, your social media marketing agency could become a lucrative side business, reaching the six-figure mark and beyond.
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.
5. Start a podcast ($97.9K/month)
Starting a podcast could be an excellent way for you to make six figures as a baker. By choosing a niche within the baking world—such as pastry techniques, bakery business tips, or unique recipes—you could attract a dedicated audience that shares your passion. With basic recording equipment and an affordable hosting platform, you can produce high-quality content without a significant initial investment.
As your audience grows, you could monetize your podcast through sponsorships, advertisements, or even paid subscriptions. Additionally, promoting your podcast through social media and online baking communities could further extend your reach and increase your income potential. The key lies in creating regular, engaging content that resonates with fellow baking enthusiasts and industry professionals. This could open doors to new business opportunities and partnerships, further boosting your income.
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.
6. Create an online course ($91.9K/month)
Creating an online course could be a lucrative way to supplement your income as a baker. By developing a digital class that teaches specialized baking techniques, recipe development, or even niche topics like gluten-free baking, you could attract a wide audience of aspiring bakers and food enthusiasts. Sharing your expertise through engaging video lessons and supplementary materials allows you to reach learners globally, creating a passive income stream.
Whether you opt for self-paced or cohort-based structures, you could build a loyal student base who value the convenience and depth of your instruction. The startup costs are relatively low and flexible, making it a cost-effective venture. For those who enjoy sharing knowledge and cultivating a community of learners, launching an online course platform is a practical way to transform your passion for baking into substantial earnings, stepping closer to that six-figure goal.
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.
7. Start a blog ($44.9K/month)
Starting a blog could enable you to supplement your income as a baker by sharing your unique recipes, baking tips, and behind-the-scenes insights with a broad audience. Blogs have been rated as one of the most trustworthy sources of online information, and given that 77% of internet users read blogs, your content could attract a significant following.
By consistently posting engaging content, you could build a loyal readership base, which in turn could open doors for income through advertising, sponsored posts, and affiliate marketing. As your blog grows, you could also offer paid online baking classes or downloadable recipe books, further expanding your income streams.
Given that approximately 409 million people view more than 20 billion blog pages each month, there is significant potential to reach and monetize a large audience. This side business could eventually turn into a full-time endeavor, helping you to achieve your goal of making six figures as a baker.
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.
8. Digital products ($261K/month)
Starting a digital product line could significantly boost your income as a baker by leveraging your unique skills and knowledge. You could create and sell e-books filled with your original recipes, online courses teaching advanced baking techniques, or even develop a membership site where subscribers gain access to exclusive content, live tutorials, and baking Q&A sessions. These digital products are in high demand, easy to create, and can be sold directly from your website, eliminating the need for inventory management.
Additionally, you could explore creating baking-related software, such as an app that provides step-by-step recipe guides or a baking game that educates while entertaining. By diversifying your offerings and capitalizing on your expertise, you could build a substantial supplemental income or even transition to a full-fledged business. The digital space offers endless possibilities for entrepreneurial bakers looking to make six figures.
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.
9. Start a youtube channel ($146K/month)
Starting a YouTube channel could be a powerful way for you to make six figures as a baker by showcasing your unique recipes, baking techniques, and even your day-to-day bakery operations. With YouTube's established monetization system, you could earn revenue through ads, sponsored content, and affiliate marketing once you reach the threshold of 1,000 subscribers and 4,000 watch hours.
Additionally, a popular channel can open up numerous opportunities, such as online baking classes, special collaborations, and merchandising. By sharing your passion and expertise in an engaging way, you could not only supplement your income but also establish a flourishing side business—or even make it your primary source of 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.
10. Become a social media influencer ($57.4K/month)
As a Baker, you could supplement your income by becoming a social media influencer. By establishing credibility in the baking industry and sharing your expertise through platforms like Instagram, YouTube, Facebook, and TikTok, you could attract a vast audience that trusts your recommendations. Engaging content such as baking tutorials, creative recipes, and behind-the-scenes glimpses of your bakery could garner a large following.
With a well-crafted strategy, you could collaborate with brands that align with your niche, earning sponsorship deals and partnerships that boost your income. In addition, you could leverage your influence to promote your own products or services, such as cookbooks, baking classes, or custom baked goods. This way, you could create multiple income streams and pave the path to making six figures as a baker.
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.
11. Start a freelance writing business ($65.5K/month)
Starting a freelance writing business could be an excellent way to supplement your income as a baker and potentially help you achieve six-figure earnings. With freelance writing, you have the flexibility to set your own hours and work from home, allowing you to balance it alongside your baking career effectively.
By leveraging your strong writing skills and ability to meet deadlines, you could write about a variety of topics, from baking techniques and recipes to the latest trends in the culinary world. Your insider knowledge as a baker can provide a unique perspective that clients in the food industry may specifically seek out, enabling you to command higher rates for your work.
Being a self-starter and staying updated with current writing tools will be crucial. Harnessing these skills will allow you to build a successful freelance writing side business or even turn it into a primary source of income over time.
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.
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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.
