How to Make 6 Figures As A Barber? (11 Best Ways in 2024)
So you want to make six figures as a barber? Good for you! Being a barber 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 barber - business ideas you can start to achieve such income. Keep reading to learn more!
1. Start a podcast ($97.9K/month)
Launching a podcast could be a creative and effective way for you to supplement your income as a barber and potentially make six figures. By choosing a niche related to barbering, such as grooming tips, haircare advice, or industry trends, you could attract a dedicated audience interested in your expert insights.
Once you build a following, you might benefit from sponsorship deals, advertising revenue, and affiliate marketing, significantly boosting your income. Additionally, your podcast could increase your visibility and brand recognition, driving more clients to your barbering business and allowing you to network with other industry professionals.
Promoting your podcast through social media, online communities, and word of mouth will help grow your audience, turning your passion for barbering into a lucrative side business or even a full-fledged enterprise.
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.
2. Create an online course ($91.9K/month)
Starting an online course could significantly boost your income as a barber by allowing you to share your specialized skills and knowledge with a broader audience. By identifying educational gaps in barbering techniques or industry trends, you could develop engaging video lessons and supplementary materials tailored to aspiring barbers or even seasoned professionals looking to enhance their skills.
This entrepreneurial venture not only generates passive income but also scales easily, as students can enroll and learn at their own pace or through cohort-based structures. With small startup costs, creating an online course offers a lucrative opportunity to monetize your expertise while reaching eager lifelong learners seeking convenient, high-quality education. So, by helping others improve their craft, you could find a pathway to not just supplementing your income, but potentially achieving a six-figure financial milestone.
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.
3. Start a career coaching business ($48.5K/month)
Starting a career coaching business could help you make six figures as a barber by leveraging your experience and expertise to guide others in their professional journey. You could design custom sessions focused on resume building, interview prep, and workplace advancement, tailored to each client's specific aspirations. By offering personalized, strategic support, you could become a valuable resource for individuals looking to grow their careers, creating an additional income stream.
With the flexibility of conducting meetings in-person or virtually, you could easily build a client base while maintaining your barbering schedule. This business venture allows those with natural motivational talents and human resource skills to monetize their abilities and potentially set their own hours. In this way, your career coaching business could not only supplement your income but also establish a new avenue for achieving your six-figure earning goals.
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.
4. Become a social media influencer ($57.4K/month)
By leveraging the power of social media, you could easily supplement your income as a barber or even transition to an entirely new business model. Platforms like Instagram, YouTube, Facebook, and TikTok offer you a chance to connect with a vast audience who are interested in grooming tips, hairstyling techniques, and the latest barber trends. Creating engaging content such as tutorials, product reviews, and behind-the-scenes clips of your barbering process could help you build credibility in the industry.
As you grow your follower base, you could attract sponsorship deals and brand collaborations, allowing you to earn money from endorsements and promotions. Companies are always on the lookout for influencers who can authentically connect with their target audience, and with your expertise, you’d be in a prime position to offer value. With the right strategy in place, becoming a social media influencer could open multiple revenue streams and significantly boost your income, paving the way toward a six-figure salary.
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.
5. Start a social media marketing agency ($116K/month)
Starting a social media marketing agency could significantly bolster your income as a barber, helping you reach the coveted six-figure mark. Whether you want to clear your utility bills, finance an education, or save for a vacation, this side business offers a lucrative opportunity to earn extra money. You could leverage your understanding of beauty and grooming to craft tailored marketing strategies for other barbers or small businesses in the beauty industry.
The advantage is that automating many aspects of social media management allows you flexibility, meaning you don't need to commit excessive time away from your primary job. Developing a solid social media marketing strategy and a compelling agency portfolio could enable you to attract and efficiently serve customers. This endeavor could not only supplement your income but also diversify your skill set, opening doors for future business opportunities.
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.
6. Become an affiliate marketer ($55.3K/month)
To make six figures as a barber, you could supplement your income by becoming an affiliate marketer. This involves promoting other companies' products or services and earning a commission for every sale generated through your referral.
Since you don't need to create or own the products, your primary effort would be using your marketing skills to drive traffic and sales for these products. By signing up for affiliate programs in your niche and getting approved, you'll receive unique tracking links to capture sales made through your recommendations.
Given that this business model requires minimal upfront investment, it presents an accessible and effective way to start a side business and significantly boost your income. By leveraging your existing client base and social media presence, you could maximize your marketing efforts and pave the way to reaching the 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.
7. Start a youtube channel ($146K/month)
Starting a YouTube channel could be a lucrative way to supplement your income as a barber. By creating engaging content such as haircut tutorials, barbering tips, and product reviews, you could attract a loyal following. This could help you reach the required 1,000 subscribers and 4,000 watch hours to join the YouTube Partner Program.
Once your channel is monetized, you could earn money through ad revenue, sponsored content, and affiliate marketing. Additionally, your YouTube presence could enhance your personal brand and attract more clients to your barbershop. With dedication and consistent content, you could turn your channel into a significant income stream, potentially reaching a six-figure annual 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.
8. Digital products ($261K/month)
Supplement Your Income with Digital Products
Creating digital products could offer you an excellent way to supplement your income as a barber and help you hit that six-figure mark. By leveraging your expertise, you could develop and sell ebooks, courses, or video tutorials that teach aspiring barbers the skills you’ve mastered. These informational products are easy to create and distribute, allowing for significant earnings without the overhead costs of physical goods.
Another lucrative option could be launching a membership site or online community where members pay for exclusive access to your insider tips, tutorials, and industry advice. The beauty of digital products is that they can be sold directly from your website, eliminating the need for inventory and traditional retail operations. With the increasing popularity of online learning and digital services, the possibilities are virtually endless for entrepreneurial-minded barbers.
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 freelance writing business ($65.5K/month)
Starting a freelance writing business could provide you with a flexible and lucrative way to supplement your income as a barber. Given your ability to engage with clients and your entrepreneurial mindset, transitioning some of your daily observations and industry knowledge into written content could be a seamless way to earn extra money.
Freelance writing grants you the freedom to set your own schedule, allowing you to fit writing projects around your barber appointments. This flexibility means you could work from home during off-hours, increasing your overall income potential without compromising your primary business.
If you possess strong writing skills, the ability to meet deadlines, and are a self-starter, you could excel in writing across various niches, including those related to beauty and grooming. By staying on top of current writing trends and using the latest tools, you could build a reputable freelance writing business that complements and enhances your barbering career, putting you on the path to six figures.
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.
10. Start a blog ($44.9K/month)
Starting a blog could serve as an excellent way to supplement your barbering income by reaching a broader audience and sharing your expertise. By blogging about haircare tips, styling techniques, and even new trends, you could attract a dedicated readership that values your professional insights. This content could build trust and credibility, positioning you as a thought leader in your field.
Given that 77% of internet users read blogs, there's a substantial potential audience for your content. By monetizing your blog through ads, sponsored posts, or even affiliate marketing, you could generate a steady income stream. Additionally, a blog could open up other opportunities like branded partnerships or guest appearances, further bolstering your earnings and helping you inch closer to making six figures.
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.
11. Start an ecommerce store ($287K/month)
Starting an eCommerce store could be a lucrative way for you to supplement your income as a barber and potentially make six figures. By leveraging your expertise, you could sell specialized hair care products, branded grooming tools, or even exclusive barber merchandise online. This additional revenue stream not only diversifies your income but also capitalizes on the booming eCommerce market known for its convenience and wide reach.
eCommerce offers a huge advantage because of lower overhead costs compared to a traditional store, allowing you to maximize your profits. Setting up a website where customers can browse, purchase, and have items shipped directly to their homes opens up your business to a wider audience beyond your local clientele. With proper management of inventory and payment processing, your eCommerce business could be a significant contributor to achieving your six-figure income goal.
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.
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.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
