Business Growth Service

How Much Money Do Business Growth Services Make? (2024)

Pat Walls

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Updated: June 23rd, 2024

TL;DR:

Based on our data, business growth services can make between $1,000-$1,500,000 per month.
The average revenue for a successful business growth service is $151K per month.
The highest grossing business growth service in our records makes over $18,000,000 per year.
Business growth service owners salaries can vary wildly depending on industry, niche, and size of the business

So you're thinking about starting a business growth service?

And now you're wondering how much business growth service owners actually make...

Well, let’s dive in!

Here are example of real business growth services and how much money they make - as reported by the founders themselves:

1. STRYDE ($2.16M/year)

Founder Greg Shuey got his start in affiliate marketing and became interested in search engine optimization (SEO) after seeing affiliates boost their website traffic and revenue. After working at multiple agencies, he decided to start Stryde to offer custom digital marketing strategies, focusing on SEO, paid search, paid social, email marketing, and conversion rate optimization. Stryde has been in business for almost 9 years and has generated over $2 million in revenue.

How much money it makes: $2.16M/year

2. 10k Customers ($720K/year)

After walking away from her previous company, Lucy wanted the capital to fund another venture, which led to freelancing, and then consulting her skills that she had learned in the past. From there on, Lucy had begun building her program.

How much money it makes: $720K/year

3. Stackmatix ($720K/year)

Matt Pru and his business partner James Critelli founded Stackmatix in 2018 after working together at MightyHive, a successful marketing services company that was acquired for $150 million. They wanted to provide a more holistic and consultative approach to marketing services, starting from the ground up with businesses to avoid scaling challenges later on. Today, Stackmatix has grown to over $20K in monthly recurring revenue and is aiming for $50K in the next 6 to 12 months.

How much money it makes: $720K/year

4. Instoo ($360K/year)

Rohan Arun, the Founder of Instoo, came up with the idea for his social automation service after writing a viral article in 2017 about building Instagram bot farms. The article gained a lot of traction and ranked #1 on Google, giving him insight into the automation market. Inspired by this, he launched Instoo to automate business growth on social platforms, which now has thousands of global active users and generates an average monthly revenue of $30,000.

How much money it makes: $360K/year

5. MagicSpace SEO ($240K/year)

Ilias Ism and his co-founder Sasha launched MagicSpace SEO, leveraging their skills as ex-SaaS founders to help startups save on ballooning ad budgets. In just six months, they grew to $20K MRR, showing the power of targeted SEO and growth marketing.

How much money it makes: $240K/year

6. Catalyst Growth Advisors ($240K/year)

Bill Flynn, a serial entrepreneur and former VP and GM of a division of a $100MM IT services company, came up with the idea for his business coaching venture after successfully leading a turnaround during the 2008 financial crisis. He realized his passion for teaching and guiding others to achieve growth and impact, leading him to start Catalyst Growth Advisors. With his revenue doubling every year and a book published, Flynn has positioned himself as an expert in helping business owners predict and plan for the future.

How much money it makes: $240K/year

7. Blue Surge Marketing Agency ($168K/year)

Godson Michel founded Blue Surge Marketing Agency after running a successful sneaker marketplace business, KickBackz. When the sneaker market shifted, he recognized his marketing skills were in high demand and decided to start his own agency. With a strong brand name, a clean logo, and a well-designed website, Blue Surge has become one of the most sought-after multicultural marketing agencies in the US.

How much money it makes: $168K/year

8. GrowthMentor ($120K/year)

Fotis Panagiotakopoulos came up with the idea for GrowthMentor after realizing that hiring freelancers for mini-consultations on Skype calls was a more efficient and productive way to learn and get feedback. He saw the potential to create a platform where marketers and founders could easily book mentorship sessions with experienced growth practitioners, and thus, GrowthMentor was born.

How much money it makes: $120K/year

9. 7 Eagles ($120K/year)

Ashkar Gomez, Founder & CEO of 7 Eagles, came up with the idea for his growth marketing agency after realizing that there was a lack of holistic SEO services in the market. He noticed that many agencies focused more on ads and social media marketing, while SEO took a backseat. With a passion for SEO and a desire to help brands reach their marketing goals, Gomez started 7 Eagles as a side hustle, offering SEO and WordPress services initially. As the agency grew, it expanded its services to include content writing, social media, emails, and website development, with a focus on delivering outstanding SEO results for clients. Now, with a team of 25 marketing experts and a revenue of $100,000 in 2022, 7 Eagles has plans to launch offices in global locations by 2023 and aims to become a leading growth marketing agency.

How much money it makes: $120K/year

10. Gabriel Neuman ($72K/year)

Gabriel Neuman, a successful WordPress developer, realized the need for individuals and enterprises to create and monetize their personal brands. He decided to productize his expertise and create a Personal Brand OS, aiming to double his monthly recurring revenue and grow his consulting and affiliate income. With his innovative approach, Gabriel plans to attract more customers by providing value-added services and content.

How much money it makes: $72K/year