Ghostwriting Business

Business Idea: Start A Ghostwriting Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$688K
Avg Startup Costs
$11.7K
Score
73
Market Size
Avg Revenue
Min Revenue
$1.5K/month
Max Revenue
$2M/month
Avg Days To Build
150 days

Got a way with words but prefer to stay behind the scenes? Ghostwriting might just be the perfect business idea for you. Ghostwriting involves writing content—books, articles, speeches—that is officially credited to someone else.

You get to wield your writing skills and transform clients’ ideas into polished, engaging text. The spectrum ranges from helping busy execs craft impactful speeches to penning memoirs for public figures. It’s a business that can start small, taking on freelance projects on platforms like Upwork, and scale up to a full-fledged agency.

The appeal here is twofold: flexibility and demand. You manage your workload and choice of projects, making it ideal if you want control over your schedule. Plus, there’s always a market for high-quality content. If you’re disciplined, have a knack for capturing different voices, and love the art of storytelling, ghostwriting can be a rewarding and lucrative business.

Revenue & Profitability

How much do ghostwriting businesses make?

Startup Costs

How much does it cost to start a ghostwriting business?

  • It can cost as low as $35 to start a ghostwriting business.
  • It can cost as high as $40,000 to start a ghostwriting business.

Learn more about the costs of a ghostwriting business.

Examples Of Successful Ghostwriting Businesses

Successful ghostwriting business businesses and case studies

Reedsy, a book publishing services marketplace that connects authors with freelancers, has driven over $1m in GMV, features over 1,500 vetted freelance professionals, and sees over 1,000 projects every month.

$2M Monthly Revenue
$40K Startup Costs
Read by 11,353 founders

Content-Whale, a content curation agency, has achieved a Rs. 4 crore ($514k/year) turnover 4-5 years after being started with just Rs. 2500 ($35), and has a pool of more than 500 writers, aiming to become a market leader in the global content market.

$62.5K Monthly Revenue
$35 Startup Costs
Read by 6,207 founders

See full list of successful ghostwriting businesses.