Career Coaching Business

How Much Money Do Career Coaching Businesses Make? (2024)

Pat Walls

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Updated: June 23rd, 2024

TL;DR:

Based on our data, career coaching businesses can make between $1,000-$235,000 per month.
The average revenue for a successful career coaching business is $48.5K per month.
The highest grossing career coaching business in our records makes over $2,820,000 per year.
Career coaching business owners salaries can vary wildly depending on industry, niche, and size of the business

So you're thinking about starting a career coaching business?

And now you're wondering how much career coaching business owners actually make...

Well, let’s dive in!

Here are example of real career coaching businesses and how much money they make - as reported by the founders themselves:

1. Vizio Makeup Academy ($2.82M/year)

Anastasia Andreani, the founder of Vizio Makeup Academy, had a passion for beauty and a desire to help others feel confident. After years of working as a makeup artist and esthetician, she realized she could reach more people by offering online makeup courses. With very little capital and a lot of hard work, Anastasia and her partner built the academy from the ground up, enrolling over 3,300 students and generating $2.4 million in revenue. Their success led them to design and create their own cosmetic line, including custom vegan makeup brushes and highly pigmented eyeshadows. With plans to double and triple their earnings in the years to come, Anastasia aims to franchise Vizio Makeup Academy and continue making dreams come true.

How much money it makes: $2.82M/year

2. Wall Street Oasis ($2.4M/year)

Patrick Curtis, the founder of Wall Street Oasis, came up with the idea for his business after experiencing a career setback in the finance industry. After being fired and blackballed from private equity in Boston, Curtis recognized the importance of building a strong network and decided to create a community for young finance professionals. With a focus on providing entertaining and educational content, Wall Street Oasis has grown to attract over 100 million visitors and generate $140k in monthly revenue.

How much money it makes: $2.4M/year

3. MentorCruise ($480K/year)

Dominic Monn came up with the idea for MentorCruise while facing the challenge of finding a mentor during his own career development. He realized that mentorship was a major problem for many professionals, so he built a coaching marketplace where career professionals could turn their knowledge into a marketable coaching business and mentees could easily find a mentor. Despite the challenges of building the platform while balancing his studies and a full-time job, MentorCruise now makes around $24,000 per month in commissions and processes over $120,000 every month for its mentors.

How much money it makes: $480K/year

4. 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

In her previous career as a social media manager, Amanda Shepherd developed a strong reputation in her niche and realized there was a gap in the market for aspiring social media managers who needed guidance on starting their own businesses. After conducting extensive market research, Amanda created the Social Media Manager Society, offering a program that teaches women how to run successful social media businesses. In just one year, she made nearly $100,000 while working an average of four hours per day, and continues to attract new students to her program.

How much money it makes: $240K/year

6. Cultivated Culture ($240K/year)

Austin Belcak came up with the idea for Cultivated Culture after struggling to find a job in tech. He realized that the traditional job search process was broken and decided to create his own system based on building relationships with hiring managers and adding value. After using these strategies to successfully land job offers from Google, Microsoft, and Twitter, Belcak wrote an article detailing his process, which gained 60,000 views in the first month and inspired him to start Cultivated Culture.

How much money it makes: $240K/year

7. AiApply ($180K/year)

Aidan Cramer co-founded AiApply after drawing from his HR tech experience and leveraging the viral success of his previous AI-driven venture, PetVet.ai. Their platform, which now generates $25K in monthly revenue, revolutionizes job applications using personalized AI to streamline the process.

How much money it makes: $180K/year

8. Loopcv ($180K/year)

George Avgenakis, the founder of Loopcv, came up with the idea for his business when he was struggling to find a job while pursuing his master's thesis in Belgium. He noticed a lack of tools for job seekers and decided to create a platform that would automate the job search process. His idea gained traction on Reddit and he quickly found co-founders to help bring it to life. Loopcv now offers solutions for job seekers, bootcamps, universities, career coaches, developers, recruiters, job boards, and more. The business is growing at a rate of 15% MoM and continues to improve its offerings for businesses supporting job seekers.

How much money it makes: $180K/year

9. Metamorphosis Group ($132K/year)

Danica Octa, the founder of Metamorphosis Group, was inspired by her own experiences of not receiving the support she needed throughout her academic life. After encountering life coaching, she realized the power of helping others build confidence and skills for their careers. This led her to start Metamorphosis Group, initially offering resume building and interview coaching, and later expanding to a career coaching program called CHECKPOINT for Job Seekers.

How much money it makes: $132K/year

10. Instamentor ($120K/year)

Leon Wei, the founder of instamentor, came up with the idea for his business after experiencing issues with LinkedIn's career coaching platform. He realized that there was a demand for personalized job interview coaching and career consulting, so he created instamentor to connect young professionals and fresh college graduates with experienced industry mentors. Since its launch in January 2021, instamentor has helped hundreds of customers land their dream job offers and has reached an annual revenue of $120K.

How much money it makes: $120K/year