Passive Income Ideas For Telecommunications Specialists [2024]
Interested in earning passive income as a telecommunications specialist in 2024?
We put together a few of the best passive income ideas you can start as a telecommunications specialist 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 telecommunications specialist.
Here's the full list:
1. Make passive income with a lead generation tool ($108K/month)
As a telecommunications specialist, you could create a lead generation tool to help businesses easily find and capture potential customers. By developing a software application that integrates with websites, social media channels, and other digital touchpoints, your tool could collect valuable data such as email addresses, phone numbers, and customer interests. This automation could save businesses the time and effort of manually searching for new clients, allowing them to focus on turning leads into actual sales.
Considering the high demand for efficient lead generation, your expertise in telecommunications could give you an edge in identifying and solving connectivity and integration challenges. This makes your tool even more valuable and attractive to businesses looking to streamline their marketing efforts. This venture could not only supplement your income but also establish you as an entrepreneur in a high-demand industry.
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.
2. Make passive income with an ai based business solution ($55.8K/month)
As a telecommunications specialist, you could supplement your income by starting an AI-based business solution. This idea leverages artificial intelligence to optimize various aspects of business operations, such as customer service, data analysis, and personalized marketing. With your understanding of tech systems, you’d be well-positioned to offer solutions that improve efficiency and reduce operational costs for companies.
You don’t need a background in AI to start; many platforms offer user-friendly interfaces and strong support systems to help you get going. The demand for AI solutions is growing as businesses seek ways to gain a competitive edge. By focusing on high-impact areas and implementing a solid plan, you could provide valuable tools that automate repetitive tasks and deliver crucial customer insights. This could be a strategic move to tap into a rapidly expanding market and boost business performance.
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.
3. Make passive income with a mobile app ($70.3K/month)
As a telecommunications specialist, you could leverage your industry knowledge to develop a mobile app that addresses specific needs within your field. Whether it's a network monitoring tool, a troubleshooting guide, or even a training app for new technicians, your expertise puts you in a unique position to create something valuable and relevant to your peers.
Creating a mobile app doesn't require you to be an expert coder; you could collaborate with a skilled developer or use app development platforms that simplify the process. With mobile apps being a staple in everyday life, an innovative and well-marketed app could attract a wide user base and generate substantial passive income. If you have a practical idea that solves a common problem within telecommunications, this could be a promising side hustle.
How much you can make: $1 — $500,000/month
How long does it take to build: 180 days (?)
BACH, an app that plans and books bachelorette parties, has grown from $0 to >$1M net revenue run rate in less than 6 months, gained over 100,000 users in their first 60 days, and has over 40,000 parties using the app this month.
4. Make passive income with a niche blog ($31.5K/month)
Starting a niche blog could be a great way for you, as a telecommunications specialist, to share your wealth of knowledge with others interested in this field. By discussing topics like emerging technologies, troubleshooting techniques, or reviews of telecommunications gear, you could quickly build a dedicated following.
Your blog could feature how-to guides, industry news, or even interviews with other professionals, making it a valuable resource for both existing telecom experts and newcomers. Over time, monetizing it through affiliate links, sponsored content, or collaborations with brands could help you generate passive income.
Plus, if you engage regularly with your audience and create content based on their needs, your passion for telecommunications can become a thriving side hustle, providing you with extra financial stability.
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.
5. Make passive income with an online course sales business ($85K/month)
As a telecommunications specialist, you could leverage your expertise to create and sell online courses, thereby generating passive income. For instance, you could develop courses on topics such as network infrastructure, cybersecurity, VoIP systems, or troubleshooting common telecommunications issues. By sharing your knowledge, you're helping others in the field while also earning extra money.
The e-learning market is booming and is expected to be worth over $645 billion in the next few years, offering a lucrative opportunity for you to tap into. All you need to do is identify your target audience, create engaging and informative content, and select an online platform to sell your courses. This way, you could transform your professional knowledge into a steady revenue stream.
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.
6. Make passive income with a YouTube channel ($72.1K/month)
As a telecommunications specialist, you could leverage your technical expertise and industry knowledge to create a successful YouTube channel. You could produce how-to guides, tutorials, and reviews covering the latest telecommunications technologies, industry trends, and tips for troubleshooting common issues.
Starting a YouTube channel offers the opportunity to earn revenue through ads, sponsorships, and merchandise while sharing your passion and skills with a wider audience. By consistently creating quality content and engaging with viewers, you could build a dedicated following and establish yourself as an authority in the telecommunications field.
How much you can make: $2,000 — $333,333/month
How much does it cost to start: $5,250 (?)
How long does it take to build: 30 days (?)
This case study follows the journey of a young entrepreneur from Nigeria who started a profitable blog generating a monthly revenue of $1,500+ through sales of advertising space, sponsored posts, and information products, and shares his strategies for success including a Twitter growth challenge and guest post pitches.
7. Make passive income with a social media automation business ($148K/month)
As a telecommunications specialist, you could use your technical skills to start a social media automation business. By developing or utilizing tools to schedule posts, automate interactions, and analyze data, you could help small businesses and influencers maintain an active social media presence without constant manual effort.
With social media becoming increasingly vital for businesses, there's a growing demand for efficient automation solutions. Your background in telecom can be an advantage in understanding and implementing automation software, making this a potentially lucrative side hustle. Plus, by staying updated on social media trends, you could tailor your services to meet the specific needs of your clients, ensuring they get the most out of their social media strategies.
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 telecommunications specialist, you could leverage your technical skills to develop and sell WordPress plugins. If you've ever encountered specific challenges in your field that existing plugins fail to address, creating a plugin that offers a solution could be a profitable venture. For instance, you might develop a plugin to improve network monitoring or optimize VoIP configurations within WordPress websites.
Monetizing a WordPress plugin involves creating a product that fulfills a particular need and then selling it on platforms like CodeCanyon, your blog, or even a dedicated website. With your expertise in telecommunications, you might find a niche market for plugins that specifically cater to your industry, allowing you to supplement your income while providing valuable tools to others in your field.
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 niche website ($107K/month)
As a telecommunications specialist, you could leverage your expertise to create a niche website focused on telecom-related topics. By sharing insights on emerging technologies, troubleshooting tips, and industry news, you can attract a dedicated audience interested in this specialized field. Your deep understanding of telecommunications can provide valuable content that keeps visitors coming back.
Over time, as your website gains traffic, you could explore various monetization options like affiliate marketing, ad placements, or selling niche-specific digital products such as eBooks, courses, or consulting services. Investing time in research, creating quality content, and improving SEO will be crucial, but once established, your website has the potential to become a steady source of passive income. If you have a passion for telecommunications and a knack for explaining complex topics, this could be a fulfilling entrepreneurial journey.
How much you can make: $400 — $250,000/month
How long does it take to build: 60 days (?)
DPW (Digital Procurement World) is a fast-growing conference and community in procurement that has more than tripled in revenue since launching in 2019, capping out the year at €1.8 million, with 95% of their growth coming from inbound traffic leveraging LinkedIn and applying social selling techniques.
10. Make passive income with an email marketing tool ($235K/month)
As a telecommunications specialist, you could explore developing an email marketing tool as a side hustle. With your technical expertise, you would be well-equipped to create, manage, and automate email campaigns efficiently, targeting various industries. Email marketing is one of the most effective channels for reaching potential customers, generating leads, and increasing sales.
Given the expected growth of the email marketing tool market to $2.53 billion by 2028, there is a substantial opportunity for you to carve out a niche. Whether you're focusing on entrepreneurs, startups, or real estate agents, your tool could help businesses achieve their marketing goals. Starting is simple—just buying a domain and hosting account could get you on your way. By leveraging your existing skills, you could build a tool that turns into a significant source of passive income.
How much you can make: $120 — $2,083,333/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 170 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.
11. Make passive income with a cold email service business ($170K/month)
If you're a telecommunications specialist, starting a cold email service business could be a great way to supplement your income. By leveraging your expertise in communication and technology, you could help businesses reach new clients directly via email. This involves crafting and sending targeted email campaigns, using your strategic thinking and technical skills to boost their outreach efforts.
You'd need a knack for writing compelling emails and familiarity with email marketing tools to track metrics like open rates and conversions. Initially, you could focus on small businesses in need of lead generation services, gradually scaling as your success stories generate more clients. This side business not only utilizes your current skill set but also offers a rewarding way to earn passive income.
How much you can make: $4,000 — $450,000/month
How much does it cost to start: $200 (?)
How long does it take to build: 35 days (?)
GMass, an email marketing platform that allows users to send cold emails and email marketing campaigns with Gmail, has attracted over 500,000 user signups, including major tech companies like Uber, LinkedIn, and Google, and now generates over $200K in monthly recurring revenue through a successful content marketing strategy and focused ad spend.
12. Make passive income with an AI writing tool ($255K/month)
As a telecommunications specialist, you could leverage your technical skills to develop an AI writing tool, a venture that fits well within the rapid advancements in technology. This tool would use artificial intelligence to help businesses, bloggers, and students create accurate and engaging content more efficiently. By automating the writing process, you could offer a solution that saves time and reduces errors, making it a valuable resource in today's content-driven world.
This idea has the potential to supplement your income by tapping into the high demand for quality content creation tools. With your background in telecommunications, you could address the technical challenges involved in developing such a tool, making it not just a feasible project but a lucrative one. Plus, being at the forefront of AI innovation would position you as a key player in a growing industry, opening up further opportunities for passive income.
How much you can make: $4,000 — $1,000,000/month
How long does it take to build: 52 days (?)
Rytr, a new AI writing assistant developed by a startup platform and business incubator, has become a market leader, serving over 300,000 customers across the world and doing seven figures in ARR.
13. Print on demand business ($411K/month)
Starting a print-on-demand business could be a great side hustle for telecommunications specialists looking to supplement their income. With this model, you could design and sell customized products like T-shirts, phone cases, and home goods without needing to invest in inventory upfront. This means you wouldn't have to worry about holding stock—products are printed and shipped only when someone places an order.
As someone working in telecommunications, you could leverage your technical skills and understanding of online systems to set up and manage virtual storefronts on platforms like Amazon, eBay, or Etsy. The ability to work from home also offers the flexibility to design and market your products at your own pace. This side business could not only provide extra income but also allow you to tap into your creative side, building a scalable business over time.
How much you can make: $200 — $3,000,000/month
How long does it take to build: 30 days (?)
Time commitment per week: Min. 5 hours/week
Founder Roy Kirchner shares how he started an eCommerce business specializing in 3D printing with an initial investment of $65,000, which now averages monthly gross sales of $330,000 and has partnered with international manufacturers and local businesses while offering technical support and education.
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.
