How to Turn 10k into 100k [2025] I Did It. You Can Do It Too

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So you’ve got $10,000 set aside. Congratulations! But now what?

78%¹ of Americans say they are “at least doing okay” financially. And if you’ve got 10k sitting around, you’re probably part of that 78%.

But is “doing okay” really what you’re aiming for?

Once upon a time, I was “doing okay,” too – but then I decided I wanted more. And now, I’m running a super successful business.

I want to help you do the same.

Below, I’ll explain how to turn 10k into 100k – while being your own boss and taking control of your life!

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How to Turn 10k into 100k

Guess why I know how to turn 10k into 100k?

Because I did it myself!

Actually, I started with a lot less than 10k – and I was still able to turn it into more than $100,000.

Here’s how I did it:

I put my money (again, way less than 10k!) into content production and advertising.
I improved my skills with constant education.
I sold my services as a coach and freelancer.

So here are seven great ideas for how to turn 10k into 100k.

Wondering how to get 10k? Check out my guide on how to make 10k a month!

1 – Start Blogging

Take it from me – blogging can be pretty darn lucrative.

Start by finding a topic you’re interested in and that other people are interested in, too.

For example, this site is about making money online. It’s something I know a lot about, and it’s something readers want to understand. Perfect!

Once you’ve got an idea, you need to think a bit about presentation. You want your blog to look professional, right? This is where some of your initial funding should go.

For one thing, you’ll probably want to use a web hosting service. That’s how you can build a quality site with its own domain name.

Check out my review of the best web hosting services.

You should also use a website builder. I didn’t at first – and the results stunk.

But now I know better!

Read my list of the best website builders so you know which service to choose.

And for all you animal lovers, here’s my guide on how to start a pet care blog.

An email newsletter is something you write consistently, then send to a list of subscribers.

So why would you want to write one? Because you could turn 10k into 100k!

With an interesting topic and the right strategy, you could find your subscriber list exploding. Want help making that happen? Check out my list of the best email marketing software, including Kit. These programs can bring your newsletter from 0 to 100, quick! Read my Kit review to learn more.

And once you’ve got the subscribers, monetizing your newsletter is easy! One option? Sell ads in the newsletter.

You could also include links to products that will earn you a percentage of the sales (this is called affiliate marketing, and it’s an awesome way to earn money online). Read my affiliate program reviews:

And if you’re really successful, you could even sell the newsletter to a business.

I love this as one of the best low-cost business ideas with high profit.

3 – Start an Online Business

Ah, the internet! Come for the cat videos, stay for the 100k business opportunities!

These days, you can sell practically anything online. Physical products? Of course. Digital services? You bet! Secret spells for making people fall in love? Hey – you do you!

The easiest way to start an online business is probably through the platform Shopify. They’ll walk you through the process of creating your online store, and you’ll get access to all sorts of powerful marketing features.

Would you rather build your own website? Even that won’t be difficult, thanks to modern website builders.

Check out my list of the best website builders.

You can also reach a bigger audience by taking advantage of platforms like eBay. Find out how in Is it worth selling on eBay?

4 – Invest

Investing your money is the classic way to increase wealth. Are there risks? Of course – but there are also massive rewards.

These days, interest rates are historically high. That means even safe investments are more lucrative than before. You can even earn 5% interest on a simple savings account! Start investing with Acorns to maximize earnings.

But that won’t get you rich.

So here’s how to turn 10k into 100k by investing:

Invest in real estate. You might not be able to buy your own property with just 5k, but you can use EquityMultiple to invest in a portion of something larger.
Invest in stocks. The safest option is to invest in index funds or mutual funds. But if you want to swing for the fences, try investing in individual stocks. Acorns makes investing simple. Get $20 with our link here.
Invest in venture capital. Funding startup companies used to be for the mega-rich. But with platforms like EquityMultiple, now you can get in the game.

5 – Flip Stuff

To “flip” something is to buy it for one price, sell it for more, and then pocket the difference.

You can do it with pretty much anything, but certain items flip better than others.

Common items to flip include:

Websites (find sites on Empire Flippers)
Furniture
Sports memorabilia
Appliances
Exercise equipment
Designer shoes and clothes (check out eBay for discounted products)

Before you start flipping, do some research on the item you’ve chosen. How much does it typically sell for? Where is it available for cheap? And where would you be likely to sell it for full price?

You’ll learn as you go, and your earnings should increase as you fine-tune your strategy.

Read my complete guide to “What Flips” for more insider tips.

I’ve made a career out of sharing knowledge – and you can too! Not only does it pay the bills (and then some – read: how to make $20,000 dollars a week), but it’s also super rewarding.

One way to monetize your knowledge is by creating a course on Teachable. The idea is simple: You fill the course with tips and lessons, and then people pay for it. And thanks to the quality of the software, it’s easy to create courses.

Another option is to host webinars, which are basically just virtual classes. Check out my review of the best webinar software to get started.

But what if you want to earn money from teaching online without having to do it all yourself?

I’d give Skillshare a look. It’s an online learning platform where you can apply to work as a teacher.

7 – Become a Bookkeeper

Got a knack for numbers? Then bookkeeping is how to turn 10k into 100k!

There are over 33 million small businesses⁴ in the U.S. Think all those business owners love keeping their own books? Of course not!

And for you, that means one thing: opportunity.

The hard part will be finding clients. You’ll have to tap your network and market yourself on professional social sites like LinkedIn.

But once your bookkeeping business is up and running, you should have no problem keeping your clients happy – especially if you’re using top-notch accounting tools (my favorite is QuickBooks).

Read my review of the best small business accounting software available today.

A man sitting in front of a laptop researching how to turn 10k into 100k. — From flipping to bookkeeping, there are countless small business ideas that can turn 10k into 100k.
Source: Unsplash³

Common Questions About How to Turn 10k into 100k

How to Turn 10k into 100k in a Month?

Turning 10k into 100k in a month is possible, but difficult – and honestly, you’d have to get lucky. Your best bet is to invest in the stock market. Try out Acorns to get started. But if you can, it’s better to be a little more patient and give yourself more time to earn 100k. Learn more in my guide on Betterment vs Acorns.

How to Turn 10k into 100k in a Year?

Here’s how to turn 10k into 100k:

Invest in stocks (try Acorns now)
Start blogging (click here for the best blogging platform)
Write an email newsletter (here’s my recommendation for the best email marketing software)
Start an online business (Shopify makes it easy)
Flip stuff
Create online courses or webinars (check out Teachable)
Become a bookkeeper (get started with QuickBooks)

Even if you don’t reach 100k within a year, you’ll still be on the right track.

How to Turn 10k into 100k in 5 Years?

By creating an online business, you can turn 10k into 100k while being your own boss. And there are lots of business ideas to choose from. Options include investing with Acorns, writing a blog, opening an online store with Shopify, and becoming a virtual bookkeeper with QuickBooks.

How to Turn 10k into 100k Fast?

The fastest way to turn 10k into 100k is probably by investing in the stock market (try Acorns to start), but it’s also risky. If you’re willing to be a little more patient, you could launch an online store with Shopify or a bookkeeping business with QuickBooks and still get to 100k pretty quickly.

How Do You Turn $10 K into Passive Income?

The best way to turn 10k into passive income is by investing it. But where? The classic choices would be mutual funds, index funds, and individual stocks. You could also invest your 10k in startups or a percentage of a real estate property. Check out Acorns to get started.

Is 10K Too Little to Invest?

10k isn’t too little to invest. In fact, it’s a great amount to start a diversified investment portfolio. You could invest in stocks, bonds, and real estate. Yes, even real estate! That’s because platforms like EquityMultiple let you buy just a portion of a property for 10k or less. Be sure to check out Acorns to maximize earnings fast.

How to Turn $10,000 into $100,000 Fast?

By investing in the stock market, you can turn $10,000 into $100,000 fast. Try out EquityMultiple, Acorns, or Betterment to get started fast. Read Betterment vs Acorns to find out more.

Creating an online business could be a safer long-term solution. And if you’re smart about growing your business, you could still get to $100,000 pretty quickly. Check out the best blogging platform.

How to Make Money with $10,000?

There are lots of ways to make money with $10,000. One option is to invest in stocks or real estate (try EquityMultiple or Acorns). You could also try flipping– buying stuff for cheap, then selling it for more. You can even flip non-physical items like websites (check out Empire Flippers for available listings) and email newsletters (here’s my recommendation for the best email marketing software).

How to Double 10K Quickly?

You can double 10k quickly if you master the art of flipping – meaning you buy things cheaply, then sell them for more. Another option is to invest in stocks or real estate. Investing requires less work, but it’s also risky. Get started with EquityMultiple or Acorns.

How to Turn 10K into 20K Reddit?

Someone on Reddit said they had 10k and wanted a “quick boost.” One person suggested a cautious approach: sticking the money in a CD and waiting. Someone else said to take a course on starting an online business (check out Skillshare to get started).