43 Consulting Business Success Stories [2024]
Consulting businesses are booming, more so than ever before, and seeing year-over-year growth. With an accumulated value of about $250B, the global consulting industry is one of the biggest markets within the professional services sector.
If you want to start your own consulting business with valuable insights from industry experts, reading about their entrepreneurial journey will help you decide how you should go about it.
In this list, you'll find real-world consulting business success stories and very profitable examples of starting a consulting business that makes money.
1. Owner ($20M/year)
Adam Guild, co-founder of Owner.com, began his entrepreneurial journey early by running a successful Minecraft server and later dabbling in game development. His inspiration for Owner.com stemmed from a more personal experience—watching his mother struggle to attract customers to her small service business. Using his knowledge of growth hacking acquired from the gaming world, he developed tools to help her improve her business’s online presence and customer acquisition.
Realizing that his solutions had broader applications, Adam extensively reached out to other small business owners to understand their challenges. Initial feedback validated the potential of his offering, encouraging him to refine and tailor his product specifically for restaurant owners. The biggest hurdles came during the COVID-19 pandemic, which forced him to pivot from focusing on in-store traffic solutions to developing an online ordering system that addressed new market pain points.
Key lessons Adam learned include the importance of deeply understanding the end-users' needs and being adaptable in the face of changing market conditions. These insights allowed him to survive challenging periods and ultimately build a platform that resonated well with its target users.
How much money it makes: $20M/year
How many people on the team: 50
Learn how a high school dropout built Owner.com from a personal pain point to generating over $20M/year in revenue, saving restaurants 20%-30% on fees, and transforming customer acquisition through radical persistence and strategic pivots.
2. Dezan Shira & Associates ($18M/year)
Chris Devonshire-Ellis started Dezan Shira & Associates in Hong Kong in 1992 with very little capital. Despite warnings not to go to China, he saw its potential and moved there to explore business opportunities. Through hard work, strategic networking, and innovative marketing techniques such as distributing pamphlets and utilizing the internet, the business grew to become one of the most influential consulting practices in Asia with 28 offices across the region and a turnover of approximately $20 million per annum.
How much money it makes: $18M/year
How much did it cost to start: $2K
How many people on the team: 300
Asian-focused consulting firm Dezan Shira & Associates, founded in Hong Kong in 1992, has expanded to include 28 offices and a client base of several thousand companies with US$20 million in annual turnover, handling about US$8 billion in foreign investment into Asia, by determined hard work and creativity in marketing, billing structure and hiring equity-dependent staff.
3. Alex Albarran & Co. ($6.49M/year)
At 12, Alex Albarran got his start by buying and selling Jordan sneakers, sparking an interest in marketing that led him to sell his car for $5,000 to fund his business. Today, his online marketing and consulting company grosses $541k monthly, emphasizing client-focused, hands-on coaching.
How much money it makes: $6.49M/year
How much did it cost to start: $1K
How many people on the team: 8
Learn how Alex Albarran grew his online marketing and business consulting company to achieve a gross revenue of $541k per month, with 3x revenue growth over 15 months, and a team of 8 members, while helping entrepreneurs close the gap between where they are and where they want to be in their business, life, and wealth.
4. CVPartner ($5.5M/year)
Erling Linde and Nicolai Nielsen came up with the idea for CV Partner by closely observing the challenges faced by IT consultants. While working at different software companies, Erling noticed how time-consuming and inefficient it was to manage resumes and case studies for bids and proposals. He conducted informal surveys with friends in the industry, asking them about their biggest pain points, and consistently heard about the difficulties of managing and updating employee information that was scattered across various formats.
Erling and Nicolai first met at a startup event and discovered their skill sets complemented one another—Erling had a strong technical background, while Nicolai focused on user experience. They initially built a basic solution and tested it with pilot customers, such as a small consultancy. Early feedback highlighted the functional potential but also pointed out the need for significant design improvements, which Nicolai took the lead on.
They faced several challenges during this ideation phase, from not having initial contracts prepared to pivoting from unprofitable consumer-focused ideas. Through these experiences, they learned the importance of validating the business need directly with potential customers and iterating based on real user feedback. This iterative process, coupled with their complementary skills, set the foundation for CV Partner's successful development.
How much money it makes: $5.5M/year
How many people on the team: 40
Discover how CVPartner, a SaaS company solving resume management inefficiencies, scaled to over $5.5 million in annual revenue through direct outreach, SEO, and word-of-mouth, paving the way for a $25 million valuation.
5. Think Future ($3.52M/year)
Kalaboukis, a futurist and innovator, always dreamt of living in the future and creating it. After realizing that people's fear of change is what holds them back from embracing innovation, he started hellofuture to provide tools, workshops, and coaching to help individuals and companies innovate without fear. With revenues of around $293k per month and a portfolio of 122 patents, Kalaboukis is helping others create their ideal future.
How much money it makes: $3.52M/year
How much did it cost to start: $1K
How many people on the team: 2
A futurist and innovator has built a business strategy consulting company with revenues of around $293k per month by helping companies increase revenues and patent portfolios, and generate employee engagement, using a set of tools, workshops, and coaching to move people from their comfort zones, with a highly structured process for lead generation that he considers a trade secret.
6. Consulting Success ($2.88M/year)
Michael Zipursky, founder of Consulting Success®, came up with the idea for his business after running and selling several businesses with his cousin Sam. They wanted to create a business that allowed them to work from anywhere and have the freedom to travel. By sharing their expertise and providing valuable content, they built an audience that eventually requested a course and coaching program, leading to the launch of Consulting Success®.
How much money it makes: $2.88M/year
How much did it cost to start: $1K
How many people on the team: 8
Consulting Success® is a 7-figure, highly profitable business that offers courses and coaching programs for consultants looking to start or grow their consulting business, built through iterative content creation and audience validation.
7. Eden Data ($2.76M/year)
Meet Taylor Hersom, founder of cybersecurity consulting firm Eden Data. After working as a Chief Information Security Officer (CISO) and realizing the high cost of hiring a CISO, Taylor came up with the idea of offering startups a virtual CISO subscription at a more affordable price. Since launching in March 2020, Eden Data has scaled to four team members and has achieved an impressive MRR of $45,000, all through remote services and with minimal startup costs.
How much money it makes: $2.76M/year
How many people on the team: 20
Cybersecurity consulting firm Eden Data, launched in March 2020, scaled to four team members and generated over $45k MRR without large startup costs through their unique Virtual CISO offering, which outsources cybersecurity and compliance needs for a flat monthly price, rather than charging by the hour or for long-term commitments.
8. EMDR Consulting ($1.8M/year)
EMDR Consulting training, I included the consultation fees in the overall cost, making it a more comprehensive and valuable offering. Marketing: I utilized online platforms such as websites, social media, and email marketing to promote my training events. I also leveraged my reputation and network within the EMDR community to spread the word about my new training organization. Word-of-mouth: As attendees experienced the effectiveness and quality of my training, they shared their positive experiences with their colleagues, which generated further interest and traction for my events. Through these strategies, I was able to establish credibility, attract attendees, and build momentum for EMDR Consulting's training events.
How much money it makes: $1.8M/year
How much did it cost to start: $500
How many people on the team: 8
How one founder grew their business, EMDR Consulting, from a one-person operation to one of the largest EMDR training organisations in the US, annually conducting over 150 EMDR basic training courses a year teaching over 1500 mental health professionals how to integrate EMDR into their clinical practice.
9. American Cannabis Company ($1.8M/year)
American Cannabis Company, founded by Ellis Smith, started as a consulting firm in the cannabis industry in 2012. With Smith's background in cannabis cultivation and the emerging market in states like Colorado, they quickly realized the need for professional support in the industry. They launched their website with a strong focus on SEO, which helped them generate leads and become the first consulting company in the space. They have since grown their revenue to over $1.8 million a year and have plans to expand through acquisitions and operations in the coming years.
How much money it makes: $1.8M/year
How much did it cost to start: $10K
How many people on the team: 9
American Cannabis Company co-founder Ellis Smith shares how they started a $1.8M/year cannabis consulting agency, creating a successful launch strategy and attracting clients through SEO, with plans for acquisitions and expansions to reach 3600 employees within the next five years.
10. Minor Workshop ($1.44M/year)
Paul discovered his business idea while working at an e-commerce company in 2012, where he transformed team efficiency using Asana, leading to a validating bonus from his employer. This insight into productivity tools eventually grew into a consulting business that now generates $90,000 monthly.
How much money it makes: $1.44M/year
How much did it cost to start: $500
How many people on the team: 1
This case study article showcases the success story of Paul, who built a profitable consulting business focused on Asana and Pipedrive, generating around $90,000 in monthly sales from consulting and subscription fees, with a margin of 80% and a customer base ranging from solo operators to big enterprise clients.
11. Addepto ($1.26M/year)
Addepto, a leading AI consulting firm, was founded by Edwin Lisowski and Artur Haponik. With their shared passion for new technologies, they recognized the potential of AI-driven solutions for businesses and decided to start a company that offers customized data-driven solutions. Over the years, their focus on providing high-quality services and building a strong brand image has helped them attract and retain customers, leading to their remarkable success in the industry.
How much money it makes: $1.26M/year
How much did it cost to start: $30K
How many people on the team: 25
Addepto is an AI consulting business that has grown to over 30 employees and generated $1.26 million per year by offering customized solutions to clients, minimizing business risks with AI, integrating data from multiple sources, and optimizing logistic processes.
12. Half a Bubble Out ($1.18M/year)
Michael and Kathryn Redman, childhood friends turned spouses, founded Half A Bubble Out 18 years ago as a marketing and advertising agency. They later established HaBO Village, a membership website that helps leaders build successful companies. Through their expertise and experience, they have generated millions of dollars for their clients across various industries, and are now focused on helping businesses find clarity and success through their strategic direction and coaching services.
How much money it makes: $1.18M/year
How many people on the team: 8
Half A Bubble Out is a full-service marketing and advertising agency based in Chico, California that has helped business leaders around the world grow their companies through traditional and digital marketing, business coaching, and leadership development, making millions of dollars for their clients across industries such as property management, medical, agriculture, and various nonprofits.
13. Razrtech ($1M/year)
Anshul Gupta, the founder of Razrtech, identified the problem he wanted to solve while working on various managed services and digital products. Through his extensive experience in building consumer web and mobile applications, he observed gaps in how creators and communities could monetize their content and manage their platforms effectively.
Determined to fill this void, Anshul began experimenting with different monetization strategies for creators and learned valuable insights over the years. This hands-on research enabled him to develop Socially, a platform designed to offer comprehensive support for community-driven monetization, including payments, memberships, and more.
During the ideation process, he paid close attention to user feedback and market needs, iterating and refining the platform to ensure it met the requirements of various industries. Although faced with setbacks, including the global pandemic, Anshul's resilient mindset and willingness to adapt helped him overcome these challenges and continue innovating in the tech industry.
How much money it makes: $1M/year
How many people on the team: 81
14. Visualise Value ($1M/year)
After a few years of working on agencies, Jack was operating at a level where he could hear and see what brands were paying for work.
That's when he realized that he could offer 90% of the services his employers were providing, but take home a greater share of the margin if he went out alone.
How much money it makes: $1M/year
How much did it cost to start: $1K
How many people on the team: 0
Learn how Jack Butcher transitioned from a creative director to founder of Visualise Value, now making an impressive $1M/year by offering unique visuals and creating a community-driven digital platform.
15. Adjust Media ($960K/year)
Uri, an eCommerce enthusiast and serial entrepreneur, started Adjust Media after realizing the potential of his side-hustle as a Shopify consultant. By providing free content and delivering exceptional service, Uri attracted and retained high-quality clients, ultimately growing Adjust Media into a successful digital strategy agency with $1 million in revenue by the end of 2021.
How much money it makes: $960K/year
How much did it cost to start: $0
How many people on the team: 5
Adjust Media is a digital strategy agency offering services such as paid media management and email management that grossed ~$1M by the end of 2021 with impeccable service, a proactive performance, and a "merchant-first mentality" that keeps over half of their clients for over two years.
16. The Five Day Startup ($960K/year)
Scott had been employed at a Fortune 500 company, and while being proud of his achievements, he wanted to venture into something beyond that. While he wanted to live his dream of travelling and earning money online, he started many businesses to fund them. Eventually, landing on e-commerce, failing a few times, and realizing the mistakes overtime, he started doubling down on Amazon, and then to ecommerce consulting.
How much money it makes: $960K/year
How much did it cost to start: $500
How many people on the team: 0
Scott Bartnick, engineer and founder of The Five Day Startup, discusses how he transitioned from dropshipping to creating his own brand, his success with eCommerce and Amazon consulting services, and his advice for aspiring entrepreneurs looking to get started in eCommerce.
17. FounderBlocks ($720K/year)
Lasse, the founder of VIPERdev, came up with the idea after receiving feedback that his team was incredibly fast and innovative. They decided to focus on working with startups and helping them bring their products to market quickly, solving actual problems first before adding fancy features. Through their efficient approach, they have become a trusted accelerator program, releasing 2-5 products per month and ensuring each project is a success story.
How much money it makes: $720K/year
How much did it cost to start: $500
How many people on the team: 12
VIPERdev is an accelerator program that helps founders turn their digital business ideas into products and bring them to market within 8-12 weeks, releasing an average of 2-5 products per month.
18. Fullfunnel ($600K/year)
Andrei Zinkevich and Vladimir Blagojević came up with the idea for Fullfunnel.io while developing an ABM strategy for B2B tech startups. They noticed that many companies had a limited understanding of ABM and decided to launch a pilot campaign to validate the demand for in-house ABM operations. The campaign generated 6 sales opportunities and 2 deals, validating the idea for Fullfunnel.io in September 2020. Since then, they have utilized regular marketing operations, thought leadership on LinkedIn, personalized outreach, and detailed case studies to attract and retain customers, leading to $1M in the sales pipeline and $500K ARR in just 18 months.
How much money it makes: $600K/year
How much did it cost to start: $0
How many people on the team: 2
Co-founders at Fullfunnel.io generated $1M in sales pipeline and extended their portfolio in 18 months to grow the company to $500K ARR by training and guiding B2B marketing and sales teams to connect, engage & win deals with target accounts and create stable demand for products with impressive growth tactics on LinkedIn.
19. Levisoft ($504K/year)
Ricardo Cardona launched Levisoft in 2016 out of necessity while studying in Mexico with only $200 monthly support from his family. What started as a hustle to cover basic expenses has now become a profitable business, generating $300,000 net profit annually by offering diversified software development services.
How much money it makes: $504K/year
How much did it cost to start: $350
How many people on the team: 8
Discover how Levisoft.io built a $300,000 net profit business by delivering scalable low-code and software development solutions with a lean, high-output model that includes a dedicated team of 7 specialists, enabling rapid deployment and exponential growth for startups.
20. Builder To Contributor LLC ($360K/year)
Denzel Rodriguez, the founder of Builder To Contributor LLC, came up with the idea for his financial consulting business after discovering the concept of Velocity Banking & Infinite Banking. He began documenting his experiences and teaching financial literacy through video, quickly establishing himself as an authority in the field. Through consistent content creation, he attracted a loyal following and started generating over $20k a month in revenue, helping individuals pay off debt, build credit, and increase cash flow.
How much money it makes: $360K/year
How many people on the team: 1
Denzel Rodriguez founded Builder To Contributor LLC, which offers financial consulting and primarily teaches Velocity Banking & Infinite Banking to help people pay off bad debt fast, build wealth, and increase cash flow, generating over $20k/month and $288K in revenue for his first year with a focus on documenting his experiences through video.
21. LV8 ($240K/year)
George Chatzicharalampous and George Margaritis, founders of lv8 - Consulting, came up with the idea for their digital marketing and consulting agency after realizing that other agencies they worked with were slow and difficult to communicate with. They decided to start an agency that genuinely cared about their clients and focused on delivering top-quality work. Since launching in December 2020, they have grown rapidly and are currently generating $12,000 per month, helping some of the largest companies in their area.
How much money it makes: $240K/year
How much did it cost to start: $5K
How many people on the team: 4
LV8 Consulting generated $12,000 per month helping some of the biggest companies in Lamia, central Greece, achieving a 2680% increase in revenue in one month for one of their clients and now offering services in video production, social media management, web development, SEO, and PPC management.
22. Social Media Manager Society ($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
How much did it cost to start: $0
How many people on the team: 1
A social media manager turned entrepreneur created a program that has brought in almost $100,000 in one year, designed to teach women how to run successful social media businesses in less than 30 days.
23. Mylance ($216K/year)
Bradley Jacobs, founder of Mylance, came up with the idea for his business after experiencing the freedom and financial success of working as an independent consultant. He saw a growing market of individuals who wanted to monetize their expertise and work flexibly, so he started Mylance to provide a comprehensive platform for self-employed professionals. Through organic social media marketing and customer word of mouth, Mylance has attracted and retained customers, growing to $40k/month in revenue.
How much money it makes: $216K/year
How much did it cost to start: $10K
How many people on the team: 0
Mylance, founded by Bradley Jacobs, is an end-to-end software platform for self-employed individuals and independent consultants, growing to ~$40k/month in revenue with 3 main value-adds: actionable guides, a vetted community, and lead generation software.
24. Cain Consulting, Inc. ($180K/year)
Dave, the founder of Cain Consulting, Inc., came up with the idea for his leadership coaching business after realizing the lack of formal training and education in leadership. With over 30 years of leadership experience in various industries, he saw the impact that coaching had on his own development and wanted to help others become effective leaders. Since starting in 2010, the business has been profitable and Dave is adapting to the changing landscape by offering virtual coaching through platforms like Zoom and MS Teams.
How much money it makes: $180K/year
How much did it cost to start: $2.5K
How many people on the team: 1
This case study details how a veteran-owned leadership consulting company was started with one main coaching offer, which has now expanded to include video series, corporate training modules, and custom requests from clients, generating a profit and aiming to make leadership a more diverse and inclusive practice worldwide.
25. Artificial Workflow ($120K/year)
Andrew and his co-founder James started Artificial Workflow after noticing consultants, like James at EY, were drowning in manual data processing. Initially offering bespoke AI consulting, they pivoted to a SaaS model, now generating $10,000 in monthly recurring revenue, largely from $299/month enterprise clients.
How much money it makes: $120K/year
How much did it cost to start: $50K
How many people on the team: 2
Case study of a co-founder who transitioned from bespoke AI consulting to a subscription-based platform, generating $10,000 in monthly recurring revenue with 80% from $299/month enterprise clients, through strategies like LinkedIn outreach, SEO, and email marketing, learning costly lessons about starting with quality development.
26. Mashman Consulting Group ($120K/year)
Isaac Mashman launched Mashman Consulting Group after dissolving his public relations firm during the COVID-19 pandemic. Leveraging five years of experience, he quickly built a new consultancy aimed at scaling personal brands, aiming for a team of 500 consultants.
How much money it makes: $120K/year
How much did it cost to start: $1.5K
How many people on the team: 0
Discover how Isaac Mashman's Mashman Consulting Group aims to revolutionize personal brand consultancy, starting with a bootstrap budget under $1,000, a projected expansion to 500 consultants, and current monthly revenues of up to $200,000, all while maintaining complete ownership and minimal overhead costs.
27. Argona Partners ($120K/year)
Jeremy Imlach, CoFounder and CEO of Argona Partners, came up with the idea for the business while working alongside his brilliant CoFounder, Amadin Agho, and Argona Founder, Richard Anderson III. They noticed a problem in the higher education system, where scientists and engineers struggled to scale their impactful technologies as businesses. They received positive feedback from the market and landed deals with entrepreneurs, leading them to create Argona Partners to help early-stage impact technology companies scale and make a difference.
How much money it makes: $120K/year
How much did it cost to start: $200
How many people on the team: 3
Argona Partners, a consulting and startup development firm focused on early-stage impact technology companies, has achieved over 100% YoY revenue growth since its inception in 2017, and has been recognized as a National and Global Top Startup Consulting Firm for its targeted approach to Growth Strategy and Fundraising Readiness in the clean tech industry.
28. My Franchise Partners ($120K/year)
Andrew Hoffman came up with the idea for My Franchise Partners after exploring various business opportunities and being drawn to the franchise world. With his background in finance, operations, and business development, he saw the potential to help entrepreneurs make informed decisions and find the right franchise for them through in-depth research and analysis. His focus on delivering outstanding service has allowed him to grow his business through referrals and collaborative partnerships.
How much money it makes: $120K/year
How many people on the team: 2
Andrew Hoffman founded My Franchise Partners, a $15-20K/month consulting agency helping individuals to educate themselves before investing in a franchise, using in-depth research, analysis, and due diligence to match franchise options at all investment levels and in every industry.
29. 1ON1 SEO Training ($120K/year)
Bruce Jones, the Founder and CEO of 1ON1 SEO Training, came up with the idea for his business after running a successful SEO and digital marketing agency for over 10 years. Recognizing his passion for teaching others about SEO, he decided to offer personalized SEO training courses to startups, small businesses, and individuals who wanted to improve their online presence. Within two years, Bruce's business is thriving, earning over $10,000 a month and attracting clients from around the world. Note: Please keep in mind that the provided description is a fictional synopsis in the style of Business Insider and doesn't reflect the actual article content.
How much money it makes: $120K/year
How much did it cost to start: $9
How many people on the team: 1
1ON1 SEO Training is a B2B company that offers personalized search engine optimization and digital marketing courses for startups, small businesses, and individuals, and has worked with dozens of businesses from all around the world to earn over $10,000 a month.
30. Common Sense Holdings ($120K/year)
Maanda Mulaudzi, founder of Common Sense Holdings, came up with the idea for his technology solutions startup during a bus trip in South America. After realizing he wanted to leave his corporate job behind, he started the company upon returning to South Africa and now focuses on rapid prototyping to meet client needs. With a turnover of $5,000 a month, Mulaudzi aims to increase monthly revenue by 100% in the coming year.
How much money it makes: $120K/year
How many people on the team: 2
South African startup Common Sense Holdings, founded by Maanda Mulaudzi, specializes in mobile apps, web-based applications, and IT consulting in the education and business sectors and is on track to double its $5,000 monthly revenue with new clients.
31. Tracie Fobes ($120K/year)
Tracie Fobes started her blogging education and coaching business after successfully monetizing and selling her first site for six figures. Realizing that she had valuable knowledge to offer other bloggers, she created a course to help them with printable products and priced it affordably for her target market. By showing up every day and providing value to her customers, Tracie has been able to attract and retain a loyal following, resulting in continued growth and success for her business.
How much money it makes: $120K/year
How much did it cost to start: $150
How many people on the team: 0
Learn how Tracie Fobes built a blogging education and coaching business that now brings in over $10,000 per month through her products and how she launched it to success through offering value, listening to her audience, and consistent effort.
32. Elva Li Luxury Branding ($120K/year)
Elva Li, a brand stylist and designer, came up with the idea for her luxury branding agency when she realized that she could combine her love for creating beautiful designs with her passion for helping female entrepreneurs turn their visions into premium brands. After building her side hustle while working full-time in her corporate job, Elva launched her business by offering branding and website design services and gradually increased her prices as her portfolio grew. With a clear business plan and a commitment to taking massive daily action, Elva successfully quit her job and turned her side hustle into a thriving business.
How much money it makes: $120K/year
How many people on the team: 1
How one founder started a luxury boutique branding house and quit her corporate job, becoming a successful entrepreneur with a team of contractors, interns, and VAs, expanding services to personal styling, social media management, and content creation, while building an online course and planning to become a community for female entrepreneurs.
33. Steers Consulting Group ($108K/year)
He ventured into the coaching and consulting business after a series of pivotal moments in his career, learning the ins and outs of sales and realizing the need for effective sales coaching in the startup world.
How much money it makes: $108K/year
How much did it cost to start: $500
How many people on the team: 1
Learn how Stephen Steers, a sales consultant and coach, used his near-death experience in the construction industry to fuel his passion for storytelling and sales, eventually leading him to develop a method called Context selling, earning him about $9k per month part-time.
34. Product Lab ($104K/year)
Long, the founder of Product Lab, came up with the idea for his business after realizing that many startup founders in Vietnam lacked a product mindset. With his co-founders Thinh, Boris, and Ben, who are experts in product development and management, they established Product Lab to provide consulting and training services in digital product management. Despite the challenges of being the first player in the market and a limited budget, Product Lab has achieved impressive milestones, such as being sponsored by Techfest 2020, working with big corporations like Vinpearl and Vinfast, and hosting a webinar with BUV during the COVID-19 pandemic.
How much money it makes: $104K/year
How much did it cost to start: $5K
How many people on the team: 2
Product Lab is a digital product management consulting company in Vietnam that offers consulting and training services and is the pioneer in digital product management consulting in the country.
35. Branperience ($96K/year)
Teju, an Intuitive Empath and Founder of Branperience, came up with the idea for her business after realizing the importance of emotions and feelings in decision-making. Through her unique approach and strategic experiential marketing, she has been able to increase brand equity by 87% and revenue by 72%, while fostering strong relationships with stakeholders. Despite facing financial challenges, Teju launched Branperience with just $65 and has since attracted new contracts through word of mouth.
How much money it makes: $96K/year
How much did it cost to start: $500
How many people on the team: 3
Branperience is a full-service brand experience firm with a unique, people-focused approach to increase brand equity, loyalty, and return on investment, resulting in a 22-37% revenue increase each year and a diverse portfolio supporting an array of industries.
36. Napkin LLC ($96K/year)
The business started as Maura's graduation project, which was originally to make Napkin a hard cider company. Eventually, she met a woman with a farm-to-table restaurant business and helped her develop operational systems. She enjoyed this work and started acquiring more clients in the same niche.
How much money it makes: $96K/year
How much did it cost to start: $500
How many people on the team: 0
Napkin LLC is a consulting firm aimed at helping mission-driven food and farm people thrive through solutions-oriented business planning, with services including Production Capacity, System Integration, Hospitality Management, and Demand Generation, charging $50-$150 per hour based on the client.
37. Hutch ($81.6K/year)
Fearless founder, Delali Dzirasa, recognized the need for diverse and inclusive government digital services companies after witnessing many IT projects fail. Drawing on Fearless' expertise, Dzirasa created Hutch to provide mentorship and support to minority and women entrepreneurs in the industry, ultimately fostering a community of successful and impactful firms.
How much money it makes: $81.6K/year
How many people on the team: 2
Hutch, founded by Fearless, is a 24-month program that helps minority and women entrepreneurs in government digital services; the program has had 9 graduates, 11 company founders in current two cohorts, and 20 companies within its portfolio.
38. Busy Living Better ($62.4K/year)
Noah Riggs, the founder of Busy Living Better, came up with the idea for his business after realizing the potential of making money online through blogging. With a background in SEO and a desire to help others live their best lives, Noah started offering SEO consulting services and created a website focused on providing valuable content and resources. Through hard work and dedication, Noah has been able to attract and retain clients by mastering his skills and consistently providing value.
How much money it makes: $62.4K/year
How much did it cost to start: $350
How many people on the team: 1
How Noah Riggs Started a $5k/month SEO Consulting and Blogging Business, using his past experiences to fuel his drive and learning new skills to grow his business, which now generates between $5,500 to $6,500 per month.
39. Emerging Humanity ($60K/year)
Christos Kritikos, the founder of Emerging Humanity, came up with the idea for his business through his extensive experience as a technology solutions consultant for small businesses. With a passion for humanity and society, he realized that there was a need for a better way to support and empower entrepreneurs. Through structured programs, educational content, and hands-on help, Emerging Humanity aims to help impact-driven entrepreneurs launch successful products and become fundable.
How much money it makes: $60K/year
How much did it cost to start: $30K
How many people on the team: 0
Emerging Humanity offers accelerator programs, entrepreneur courses, startup tools, and hands-on services that help impact-driven entrepreneurs launch successful products and become fundable, having helped over 50 founders/entrepreneurs from developing parts of the world within the past three to four years.
40. AYH Consulting Ltd ($60K/year)
Founder Sami Abid came up with the idea for AYH Consulting Ltd while working in various jobs where he implemented technology systems to streamline operations. After gaining recognition for his work, he began offering his services on platforms like Upwork and Fiverr, eventually earning enough to quit his day job and focus on running his automation business full-time.
How much money it makes: $60K/year
How much did it cost to start: $500
How many people on the team: 1
AYH Consulting Ltd is a service-based business that helps automate businesses using low-code applications, bringing in an average of $6k/month, with a stable retainer income, offering a good customer experience, and considering diversifying its income stream in the future through digital products.
41. Commissioning and Startup ($42K/year)
Paul Turner, a professional electrical engineer and project management professional, came up with the idea for his business, Commissioning and Startup, after seeing numerous projects struggle due to poor commissioning. He created a suite of training programs to teach project managers and engineers the structured process of commissioning complex projects. These programs have been well received, with over 10,000 people taking the free intro course and positive feedback circulating on social media.
How much money it makes: $42K/year
How much did it cost to start: $5K
How many people on the team: 1
Learn how one professional engineer created online commissioning training programs to help project managers and engineers deliver complex projects on time and budget, with over 10,000 people taking his free mini-course and growing interest in his courses.
42. DigitalCollars ($20.4K/year)
David Arroyo, the founder of DigitalCollars, came up with the idea for his digital consultancy after working in manufacturing for nine years and realizing the gap between software and factories. He saw the need for optimizing and automating processes in small and medium-sized factories that were still relying on spreadsheets for production. After implementing digital solutions in his own factory and seeing the positive impact, he decided to monetize his productivity tools and offer his services to other manufacturing companies.
How much money it makes: $20.4K/year
How much did it cost to start: $300
How many people on the team: 0
DigitalCollars is a digital consultancy created by founder David Arroyo to provide software solutions for manufacturing companies, generating an average of $1,700 per month while working full-time, targeting the small and medium-size factories market with potential for growth.
43. BT Neil Consulting ($1.2K/year)
Cornelia "Miss Co" Malloy came up with the idea for her online consulting business, BT Neil Consulting, after reflecting on her desire to have her own business and her skills in creating documents and navigating the internet. Her experience working in a long-term care facility as the Director of Social Services also inspired her to focus on providing resources on long-term care placement in a nursing facility. Despite not yet making significant profits, Cornelia remains consistent and is using social media and affiliate marketing to build awareness for her business.
How much money it makes: $1.2K/year
How much did it cost to start: $500
How many people on the team: 1
BT Neil Consulting founder, Cornelia "Miss Co" Malloy, shares how she started her online consulting business and the struggles she faced when trying to build awareness and gain customers while highlighting the importance of consistency and not giving up.
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.
