How To Turn $10,000 Into $100,000

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How To Turn $10,000 Into $100,000 How To Turn $10,000 Into $100,000
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Do you want to learn how to turn $10,000 into $100,000? Growing $10,000 into $100,000 might seem kind of impossible or far-fetched, but with the right mindset and plans, it could be a reality. Whether you want to make extra income, run a full-time business, or if you are just looking to learn how to…

Do you want to learn how to turn $10,000 into $100,000?

Growing $10,000 into $100,000 might seem kind of impossible or far-fetched, but with the right mindset and plans, it could be a reality.

Whether you want to make extra income, run a full-time business, or if you are just looking to learn how to turn your $10K into $100K quickly, there are many options that may interest you.

Best Ways To Turn $10,000 Into $100,000

Below are the best ways to turn $10,000 into $100,000.

Recommended reading: How To Turn $1,000 Into $10,000

1. Start an online business

Starting an online business could be a game-changer in growing your $10,000 to $100,000.

I started an online business years ago, and it has paid me well over $100,000 over the years, so I know that this is possible.

Here are some ideas for online businesses:

Here are some ideas for in-person businesses that you advertise for online but still get to work from home or on your own schedule:

  • Sell dog treats – Sell baked dog treats that you make. Learn more at How I Earned Up to $4,000 Per Month Baking Dog Treats (With Zero Baking Experience!).
  • Car detailing – Sell a mobile car-cleaning service where you go to the customer.
  • Meal prep – Help people eat healthily with pre-prepared meals that you deliver or they pick up.
  • Lawn care – Sell gardening or landscape services.
  • Dog walking – Take care of pets for busy owners. Learn more at 7 Best Dog Walking Apps To Make Extra Money.
  • Tutoring – Share your knowledge in a subject and teach others online or in person.
  • Local tour guide – Use your local knowledge to guide visitors around your town.

Starting a business doesn’t have to be expensive either. Typically, all you need for most of the businesses listed above is small affordable pieces of equipment or a few supplies (like a laptop or cleaning tools).

2. Start a blog

Starting a blog can be a great option if you’re looking to grow your $10,000 into $100,000.

A blog is a website where you can share your thoughts, knowledge, or experiences. You write posts that people can read, interact with, and share. And yes, you can make money from blogging!

I make money online by blogging, and I actually didn’t spend any money to start. It took me about 2 years to begin earning $10,000 every month.

And, I have now earned over $5,000,000 with my blog over the years.

I began my website, Making Sense of Cents, in 2011, and I started my blog without much planning, just wanting to share my own money journey, not even realizing that people could make money with websites.

So, how do you earn money through a blog? Here are some ways:

  • Ad revenue – Place ads on your blog and earn every time a reader clicks or views the ad.
  • Affiliate marketing – Recommend products and earn a commission if your readers buy through your links.
  • Selling products – Create and sell your ebooks or courses.
  • Services – Sell your expertise as a service such as consulting or coaching.

Blogging is a process that requires patience, but with consistent effort, making $100,000 from your blog may be possible.

You can learn how to start a blog with my free How To Start a Blog Course (sign up by clicking here).

3. Invest in real estate

There are many ways to turn $10,000 into $100,000 in real estate.

I’ve done some real estate side hustles myself, and I know many others who do too. Getting into real estate doesn’t have to cost a lot, and there are several side hustles in real estate that you can start even if you’re new or have limited money to work with.

These include:

  • House hacking – Buy a home, live in part of it, and rent out the rest. This could include renting out a duplex (and living in the other half) or even just a spare room in your house. This way, the rent you receive helps pay your mortgage. Look for multi-unit properties where you can live in one part and rent out the others.
  • Long-term rental property – You could buy a property and rent it out to long-term renters, such as for a year or longer.
  • REITs (Real Estate Investment Trusts) – Invest in REITs, which are companies that own and manage real estate properties. By investing in REITs, you can spread your money across different properties without having to manage them yourself.
  • Airbnb rentals – Rent out a spare room or your entire place to travelers through Airbnb. Make your space cozy and welcoming to attract guests. Make sure to check local laws about renting out your place and set a competitive price.
  • Rent out storage space – Rent out any unused land or space for storage. Whether it’s a parking spot, closet, basement, attic, or any unused area, people are willing to pay for storage. List your space on platforms like Neighbor to earn extra income.
  • Flip homes – While flipping homes usually requires more than $10,000 to start, it’s a popular way to turn a small investment into a larger profit. If you’re skilled and enjoy renovation projects, buy a house, fix it up, and sell it for a higher price.

Recommended reading: 23 Best Real Estate Side Hustles To Make Extra Money

4. Invest in the stock market

Investing in stocks means buying a piece of a company like Walmart, Apple, or Amazon. The price of individual stocks can go up or down, and if it goes up, you might turn $10,000 into $100,000.

I, for example, prefer long-term investing. I diversify my investment portfolio, meaning I spread it out across different companies. This way, if one company doesn’t do well, I don’t lose all my money.

One way to diversify is by investing in funds like exchange-traded funds or mutual funds. These are collections of stocks bundled together, which can lower your risk compared to investing in individual stocks.

How quickly you can turn $10,000 into $100,000 depends on the market and the stocks or funds you choose. It could take a year or decades. Patience is key.

This is a screenshot I took from of their compound interest calculator.

If you are wanting to invest in the stock market, with an average return of 8%, it might take about 30 years to reach $100,000 without additional contributions. You may be able to shave some years off that by automatically reinvesting dividends, though (if you are invested in dividend stocks). This is great, though, and shows the power of compound interest.

Note: Some people choose short-term investing to make money quickly in the stock market. However, this approach requires thorough research on your investment decisions, understanding various fees, knowing your risk tolerance, and more before opening a brokerage account. While the right strategy can sometimes lead to profits, the wrong one can mean that you lose a lot of money.

Recommended reading: How To Start Investing For Beginners With Little Money

5. Flip items for resale

Turning $10,000 into $100,000 might seem impossible, but one way to work toward this goal is by flipping items for profit. You can start by looking around your home for things you no longer use or even items that people are trying to get rid of.

You might be surprised by how much money you can make by selling items like old phones, laptops, clothes, and even furniture that you no longer need.

I’ve personally flipped many items for resale over the years, and it can be a good way to earn extra cash!

Here are some ideas:

  1. Sell electronics and furniture – Websites like Craigslist and Facebook Marketplace are great for selling bigger items like furniture because you can arrange easy local pickups.
  2. Fashion and accessories – Platforms like eBay or Facebook Marketplace are good for selling clothes, especially if they’re branded. These sites help you reach a wide audience and make shipping easy. For jewelry you don’t wear, sites like Worthy can help you find them a new home.
  3. Yard sales – Yard sales can be a fast way to earn money, especially if you have many items to sell. While you might not make as much money for each item, the total can still add up nicely!

If you want to take it a step further, you can start buying items to flip for a profit. Look for furniture that needs a bit of cleaning, high-end clothing that needs repair, or appliances that need new parts. Fix them up and sell them for a higher price.

I have a friend who does this for a living, and some of their best flips include:

  • Buying an item for $10 and selling it for $200 just 6 minutes later.
  • Purchasing a security tower for $6,200 and selling it for $25,000 just one month later.
  • Buying a prosthetic leg for $30 at a flea market and selling it for $1,000 on eBay the next day.

They’ve even found a free chair and eventually did so many flips directly from that free chair and made over $100,000! You can learn more at How We’ve Turned A Free Chair Into $103,000.


This free workshop will teach you how to get into the flipping business. It will teach you how to resell furniture, electronics, appliances, and anything else you can find.

6. Buy an established business

One way to possibly turn $10,000 into $100,000 is by buying a business.

Investing $10,000 in buying an existing business could potentially grow your investment to $100,000. When you buy a business, you’re entering into an established cash flow and you don’t have to start from scratch because the business already has customers, a recognized name, and ongoing operations.

And, you might find a business where you can see clear ways to improve it, which means that you can improve your investment.

This is actually close to the line of work I was in before I started Making Sense of Cents – I was an investment analyst and valued businesses (among other investments) for a living. So, I saw a lot of businesses be bought and sold over the years.

Here are some steps to start with when it comes to buying a business:

  1. Look around – Search for businesses on sale.
  2. Ask questions – Why is the owner selling?
  3. Research – Look for businesses that match your interests and talents. You will do better in a business you like!
  4. Talk money – See if the numbers make sense.
  5. Get help – A business adviser can help you understand the details.
  6. Make a deal – If it looks good, start the buying process.

Buying a business is a BIG decision, but with the right one, your $10,000 investment could turn into $100,000. I do highly recommend getting professional advice from a financial advisor before making a business or asset purchase to make sure you make a smart choice.

Recommended reading: Are Laundromats Profitable? How Much Do Laundromats Make?

7. Sell on Etsy

Etsy can be a great place for you to turn your $10,000 into $100,000 by selling items online.

You can start your own Etsy store with products you make or find. People love buying unique things like handmade crafts, vintage items, and custom art.

Selling digital products is one of my favorite ways to make money because it requires much less than $10,000 to start. Creating digital products is a way to possibly even earn passive income. By designing products that people can download and use, you enter a market with very low overhead costs.

Some digital product ideas include templates for social media branding, weekly routine printables, printable wall art, and more.

Do you want to make money selling printables online? This free training will give you great ideas on what you can sell, how to get started, the costs, and how to make sales.

8. Peer-to-peer lending

When you have $10,000 that you want to grow, you might want to consider peer-to-peer (P2P) lending. This is when you lend your money online and receive it back with interest. It’s similar to being a bank, but you’re lending to individual people instead.

Starting with peer-to-peer lending works like this:

  1. Find a reputable P2P platform that suits your needs.
  2. Deposit your $10,000 to fund loans.
  3. Before committing, make sure to read and understand all terms and conditions, such as the potential earnings, risks, and interest rates.
  4. The interest you earn from these peer-to-peer loans becomes your profit over time.

Remember, investing involves risks, and loans may not be repaid, which can affect your return.

9. Invest in crypto

Cryptocurrency, like Bitcoin, is not something that I personally invest in, but it can be a way to possibly grow your money.


  • To use money you’re okay with risking
  • That there’s no guaranteed win
  • To always play it safe with your hard-earned cash

This digital money can sometimes be like a roller coaster – sometimes it goes up, sometimes it goes down. But if you make wise decisions, it could help grow your cash.

10. Flip websites for profit

Flipping websites can be a way to increase your $10,000 into a much larger amount. It’s similar to renovating and selling houses, but it’s done online.

I know several people who have bought websites with the goal to flip too!

You can start by searching for a website to purchase, such as by searching listings on Flippa. Look for sites with potential but require improvement. They should cover a solid topic but may need improvements in things like content, design, or improving page views.

Recommended reading: How I’ve Made $80,000 Selling Blogs

11. Start a YouTube channel

Starting a YouTube channel can be a fun and creative method to grow your $10,000 investment. It will most likely cost you less than $10,000 to start a YouTube channel, but there are ways to spend that amount of money to get started faster (such as buying a course on YouTube or buying expensive camera equipment).

Let’s simplify the process into easy steps:

  1. Choose a topic – Pick something you love or know a lot about.
  2. Create your channel – Sign up on YouTube and set up a channel for free.
  3. Make videos – Use a camera or smartphone to record your videos.
  4. Grow your channel – Post regularly, share your videos on social media, and more.
  5. Monetize your channel – When you get 1,000 subscribers and 4,000 hours of watch time, you can apply for the YouTube Partner Program.

Recommended reading: 22 Ways To Make Money Online Without Paying Anything

12. Turn $10K into $100K through education

One great way to turn your money into more is to learn through higher education, whether that be college, a certificate, or learn a trade.

You can start by looking for jobs with a strong outlook and high salaries, and even by using online resources or talking to a career advisor to find the best fit for you.

Then, you’ll want to pick a reputable college or trade school. You’ll want to factor in the cost and the potential return on your investment. Community colleges or public schools can be more affordable, for example.

Now, there are many costs when it comes to going back to school. There is tuition, books, lab fees, parking, and more. It most likely may end up costing you more than $10,000 to go back to school, but if you choose a solid career path and are smart with your college costs, then it could be a wise step.

Frequently Asked Questions

Below are answers to common questions about how to turn $10,000 into $100,000.

How long does it take to turn $10,000 into $100,000?

The time it takes to turn $10,000 into $100,000 depends on your investment strategy and the rate of return. If you are wanting to invest in the stock market, with an average return of 8%, it might take about 30 years to reach $100,000 without additional contributions. But, if you buy an existing business, go back to school and get a higher-paying career, or start your own business, then you may be able to turn $10,000 into $100,000 even quicker.

What is the fastest way to turn $10K into $100K?

The fastest way to multiply your money could be high-risk investments like day trading stocks or real estate flipping. Remember, high rewards come with high risks, so be careful with any fast-growing strategies.

How to turn $10K into $100K in a month?

Turning $10K into $100K in a month is extremely risky and unlikely. Most investments that promise such quick returns are highly speculative, so you could lose your money just as fast. I highly recommend that you be careful if someone tells you that they can help you turn $10,000 into $100,000 in one month.

How to turn $10K into $100K in a year?

Turning $10K into $100K within a year involves high risk and aggressive investment approaches as well, but it is possible. This may include buying an existing business and really putting in some hard work to improve it.

How to turn $10K into $100K in 2 years?

Yes, you can be able to turn $10,000 into $100,000 in 2 years. This could be through ways such as starting your own online business (such as by selling digital products or a blog), buying an existing business, or even going back to school to get a higher-paying job.

How to turn $10K into $100K in 5 years?

Yes, you can potentially turn $10,000 into $100,000 in 5 years. This could be achieved through different methods such as starting your own online business (like selling digital products or creating a blog), purchasing an existing business, or even furthering your education to find a higher-paying job.

Can you turn $10K into a million?

Yes, you may be able to turn $10,000 into $1,000,000, but this will most likely take a lot of time. So, patience is key!

How to Turn $10,000 into $100,000 – Summary

I hope you enjoyed this article on how to turn $10,000 into $100,000.

To make more money from your $10,000 investment, you may want to think about using the internet to start a business. Websites like Etsy can help you sell handmade items, or you can make money from a blog or YouTube channel. You can also try traditional ways of investing, like buying stocks or real estate. You can be very involved, like flipping houses, or less involved, like putting money into peer-to-peer lending or high-interest savings accounts.

As you can see, there are many different investment options and business models depending on your financial goals and risk tolerance.

Why do you want to turn $10,000 into $100,000?

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Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by theamericangenie.
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