2 Executive Coaching Business Success Stories [2024]
Are you passionate about helping others reach their peak professional potential? Turning this passion into an executive coaching business may be your perfect entrepreneurial path.
Executive coaching relies on your talent for assisting high-level professionals in refining their leadership skills, improving their strategic thinking, and boosting their confidence. It holds substantial promise for both its profitability and personal fulfillment.
A key part of your role will be providing expert advice and guidance to business leaders, helping them make critical decisions and overcome personal obstacles. Your impact can shape the future success of their organizations, placing you at the heart of the corporate world.
Investing in an executive coaching business puts you in the driver's seat of your career and gives you the chance to impact a wide array of industries. You hold the power to develop leaders, shape successful businesses, and truly make a difference, one executive at a time. If that's not rewarding, then what is?
In this list, you'll find real-world executive coaching business success stories and very profitable examples of starting a executive coaching business that makes money.
1. COO Alliance ($2.5M/year)
Cameron grew up in an entrepreneurial family and learned early on to embrace business. His passion for entrepreneurship, coupled with his personal challenges like severe ADD, led him to carve his path by building companies rather than fitting into conventional educational molds. As COO of 1-800-GOT-JUNK?, he experienced firsthand how crucial the COO role is for a company's success and execution of the CEO's vision.
I launched the COO Alliance because I recognized the critical role that the chief operating officer (COO) position plays for the chief executive officer (CEO). A COO will produce a powerful and positive impact on your business. [Cameron Herold]
After leaving 1-800-GOT-JUNK? and receiving feedback from others needing similar operational leadership, Cameron recognized a gap in support networks for COOs. He observed that while CEOs had various peer groups, COOs lacked a dedicated space to collaborate and grow. To validate his idea, he spoke with many industry professionals and saw a consistent need for such a platform.
From these experiences and initial validations, Cameron conceptualized the COO Alliance. Since its inception, he has refined the idea through member feedback and ongoing observations in the business environment. This purposeful approach allowed him to create a valuable resource tailored specifically for second-in-command leaders.
COO Alliance PortalHow much money it makes: $2.5M/year
2. World Renowned Coaching & Consulting ($576K/year)
Neal Oates, Jr. identified a growing demand for coaching and consulting services in the real estate sector and launched World Renowned Coaching and Consulting in 2022. By leveraging his luxury real estate experience, Neal turned his business into a $48,000/month enterprise that serves nine different industries.
How much money it makes: $576K/year
How much did it cost to start: $1.2K
How many people on the team: 0
Case study about the founder building a successful coaching and consulting business generating $48,000 monthly, expanding from real estate to service-based businesses in nine industries, with growth for three consecutive quarters.
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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.