Corporate Event Business

Corporate Event Business Success Stories [2024]

Updated: October 10th, 2024

A corporate event planning business involves conceptualizing, organizing, and executing special events for company clients.

This includes conferences, galas, retreats, trade shows, and celebrations that bring brands to life.

As an entrepreneurial event planner, you handle all event logistics while introducing creative concepts that leave lasting impressions on attendees.

Building a corporate event firm allows you to combine an eye for detail with business strategy to cement your role in the fast-growing multi-billion industry.

In this list, you'll find real-world corporate event business success stories and very profitable examples of starting a corporate event business that makes money.

1. PartySpace ($800K/year)

Yurii Filipchuk, CEO and founder of Party.Space, came up with the idea for his business when the COVID-19 pandemic started and corporate accounts began rethinking how they used their workplaces for meetings. Yurii realized there was a need for a fun and easy-to-use video chat platform, so he and his co-founders created Party.Space. They quickly found their first big client, and with an average attendee engagement level 5x higher than traditional Zoom meetings, Party.Space is on track to book $1 million in revenue this year.

How much money it makes: $800K/year
How much did it cost to start: $200K
How many people on the team: 33

SMALLBORDER

How We Make $800K/Year Throwing Corporate Events In The Metaverse

Party.Space, a B2B metaverse platform that helps remote teams from big/mid-sized tech companies, Fortune500s, universities, and Web3 DAO/guilds host engaging & immersive events in a browser, has accumulated over 130 customers and more than 30K visitors, boasts revenue bookings growing x3 QoQ, and plans to book $1m this year.

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