How to Make 6 Figures As A Bookkeeper? (11 Best Ways in 2024)
So you want to make six figures as a Bookkeeper? Good for you! Being a Bookkeeper 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 Bookkeeper - business ideas you can start to achieve such income. Keep reading to learn more!
1. Become a social media influencer ($57.4K/month)
Becoming a social media influencer could significantly augment your income as a bookkeeper, pushing you toward the six-figure mark. With platforms like Instagram, YouTube, Facebook, and TikTok becoming integral to daily life, you could tap into this trend by establishing credibility in a niche that complements your bookkeeping expertise. Brands are eager to collaborate with influencers who have access to a vast and engaged audience.
By sharing valuable tips, tutorials, and behind-the-scenes looks at the bookkeeping world, you could build a loyal following and monetize your content through brand partnerships and sponsored posts. Additionally, this role could open doors to new consulting opportunities and elevate your professional profile, setting you apart in an increasingly crowded field. Adopting the right strategy and consistently creating relevant content tailored to your audience could turn your social media presence into a lucrative side business or even an entirely new career path.
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.
2. Start a blog ($44.9K/month)
Starting a blog could be an excellent way to supplement your income as a bookkeeper, potentially helping you reach six figures. As a bookkeeper, you could share your expertise and practical tips through blog posts, attracting a wider audience. Given that 77% of internet users read blogs and blogs are rated as the 5th most trustworthy source of online information, your insights could gain significant traction.
Moreover, a blog about bookkeeping could open doors to other revenue streams, such as affiliate marketing, sponsored posts, or creating and selling e-books and courses. With approximately 409 million people viewing more than 20 billion pages each month, there's a substantial audience you could tap into. By creating valuable content and establishing a dedicated readership, you could transform your blog from a side hustle into a highly profitable venture.
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.
3. Digital products ($261K/month)
Creating digital products could be a highly lucrative avenue for supplementing your income as a bookkeeper. With your financial expertise, you could develop information-based products such as eBooks, online courses, or membership sites focused on bookkeeping tips, tax planning strategies, or financial software tutorials. These products are easy to create and distribute, requiring minimal overhead and no physical inventory, allowing you to maximize profits.
By leveraging your specialized knowledge, you could position yourself as an authority in the field, attracting a wider audience and generating multiple income streams. The flexibility in producing and selling digital products can seamlessly integrate into your existing career, enabling you to gradually scale up your side business into a six-figure enterprise. With the endless possibilities of digital products, the path to a more prosperous financial future is well within your reach.
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.
4. Start a podcast ($97.9K/month)
Starting a podcast could offer you a lucrative avenue to supplement your income and potentially make six figures as a Bookkeeper. By creating a podcast centered around bookkeeping tips, financial advice, and industry insights, you could attract a dedicated audience interested in these topics. This audience may include small business owners, entrepreneurs, and other professionals who value your expertise.
Through thoughtful promotion on social media and in online communities, your podcast could gain significant traction. As your listener base grows, you could attract sponsors and advertisers interested in your niche market, generating additional revenue. Moreover, your podcast could establish you as a thought leader in the bookkeeping field, leading to high-paying consulting opportunities and partnerships.
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.
5. Start a career coaching business ($48.5K/month)
Starting a career coaching business could enable you to monetize your existing skills and expertise, all while helping others to advance in their own careers. By offering personalized guidance, resume building assistance, and interview prep services, you can design custom sessions tailored to your clients' individual career goals, thus providing with tailored support that addresses their unique challenges and opportunities.
With the flexibility to conduct sessions either in-person or virtually, you could build a diverse client base, maximizing your reach and potential income. This side business not only leverages your experience in finance and workplace advancement but also allows you to set your own schedule, making it an ideal option for entrepreneurial-minded bookkeepers who aspire to earn six figures.
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.
6. Start a social media marketing agency ($116K/month)
Starting a social media marketing agency could provide you with a substantial supplementary income stream while utilizing your bookkeeping skills. By developing a good social media marketing strategy and automating tasks with available tools, you could efficiently manage your time and serve clients effectively without overwhelming your primary responsibilities.
Creating a portfolio to showcase your services could attract target customers, allowing you to clear utility bills, finance education, or save for other goals. This entrepreneurial endeavor could not only diversify your income but also set the stage for a potentially lucrative full-time business, helping you reach that six-figure milestone.
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.
7. Create an online course ($91.9K/month)
One lucrative way to supplement your income and potentially reach six figures as a bookkeeper is by starting an online course. By creating and selling digital classes around bookkeeping skills or specialized accounting knowledge, you could tap into a market of eager learners seeking professional development. This opportunity allows you to leverage your expertise and passion for information-sharing into a consistent revenue stream.
Identifying educational gaps and developing engaging video lessons and supplementary materials offers a competitive edge. With the flexibility of self-paced or cohort-based structures, you could build a robust student base, generating passive income over time. Launching an online course not only positions you as an industry leader but also requires relatively low startup costs, making it a smart entrepreneurial venture for dedicated Bookkeepers.
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.
8. Become an affiliate marketer ($55.3K/month)
Starting an affiliate marketer business could be a great way to make six figures as a Bookkeeper. By promoting other companies' products or services and earning a commission for each sale made through your referral, you could create an additional revenue stream with minimal upfront investment.
You don't need to create or own the products yourself, just use your marketing skills to drive traffic and sales. Begin by signing up for affiliate programs in your selected niche and use your unique tracking links to earn commissions on successful referrals. This low-cost business idea allows you to leverage your existing expertise and network, positioning you to potentially bring in significant extra income while continuing your bookkeeping career.
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.
9. Start a freelance writing business ($65.5K/month)
If you're a bookkeeper looking to make six figures, starting a freelance writing business could be an excellent supplement to your income. With strong writing skills and the ability to meet deadlines, you could take advantage of the flexibility that freelance writing offers. This would allow you to manage your existing bookkeeping clients while also delving into various writing niches that interest you.
Additionally, being a self-starter and staying up-to-date with current writing tools and trends can help you efficiently manage both your roles. You could set your own schedule, work from home, and choose writing projects that fit around your bookkeeping commitments. By effectively leveraging your communication skills, you could develop a steady stream of freelance writing clients, further enhancing your income potential.
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 youtube channel ($146K/month)
Starting a YouTube channel could help you make six figures as a bookkeeper by leveraging the platform's established monetization system and widespread popularity. By sharing valuable bookkeeping tips, financial advice, and tutorials, you could attract a growing audience and promote your expertise, turning viewers into clients. Once you reach the threshold of 1,000 subscribers and 4,000 watch hours, you could join the YouTube Partner Program to start earning ad revenue.
Additionally, YouTube provides multiple revenue streams such as sponsored content, affiliate marketing, and even direct services like consulting. By consistently providing high-quality content, you could build a loyal subscriber base and create a sustainable side business that significantly supplements your bookkeeping income. Entrepreneurial-minded bookkeepers could look to many existing success stories on YouTube for inspiration and clear strategies to achieve similar financial success.
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.
11. Start an ecommerce store ($287K/month)
Starting an ecommerce store could be a lucrative way to supplement your income as a bookkeeper, potentially pushing you towards that six-figure mark. Given the booming nature of online shopping due to its convenience and wide reach, you could leverage your financial skills to manage an efficient online business, benefiting from lower overhead costs and flexible operating hours.
With your expertise in finance and bookkeeping, you could meticulously track inventory, manage costs, and optimize profitability. Setting up a website with user-friendly shopping cart software and payment processing tools enables you to tap into a global customer base without the hassle of maintaining a physical storefront. By strategically choosing popular products and keeping accurate financial records, you could steadily grow your ecommerce venture into a significant revenue stream.
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.
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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.
