Motivational Speaker

Business Idea: Become A Motivational Speaker in 2024

Pat Walls

•

Updated: October 2nd, 2024

Avg Monthly Revenue

$33K

Avg Startup Costs

$17.8K

Score

Market Size

$1.9B

Avg Revenue

$33K/month

Min Revenue

$100/month

Max Revenue

$80K/month

Avg Days To Build

25 days

Market Size

$1.9B

Avg Revenue

$33K/month

Min Revenue

$100/month

Max Revenue

$80K/month

Avg Days To Build

25 days

Captivate audiences and transform lives as a motivational speaker. This business idea revolves around sharing transformative insights and inspiring large groups of people to pursue their aspirations and overcome obstacles.

To get started, you'll need to master public speaking skills and identify a unique personal message that resonates with a wide audience. Engage with schools, companies, conferences, or community groups seeking motivation and personal growth.

Marketing yourself will involve building a strong online presence, networking extensively, and possibly self-publishing content such as books or podcasts. Joining speaker associations and attending industry events can also help you land your first engagements.

If you genuinely enjoy helping others achieve their potential and are willing to put in the effort to develop engaging speeches, motivational speaking can be a fulfilling and lucrative opportunity. It’s a business that thrives on personal branding and the ability to deeply connect with an audience.

Revenue & Profitability

How much do motivational speakers make?

On average, successful motivational speakers report $396K/year in revenue.

Startup Costs

How much does it cost to become a motivational speaker?

It can cost as low as $100 to become a motivational speaker.
It can cost as high as $1,200 to become a motivational speaker.

Learn more about the costs of a motivational speaker.

Examples Of Successful Motivational Speakers

Successful motivational speaker businesses and case studies

How I Launched A Six Figure Online Membership That Helps Coaches & Service Providers Make Their First $10K Month

Founder Ellen Yin shares how she profitably bootstrapped growth from a $300 client project into 7 figures in lifetime revenue and how she launched a $10K/month online course using pre-selling to test and validate her offer.

$80K Monthly Revenue

$100 Startup Costs

Read by 8,213 founders

My Coaching Business Makes $48K/Month With 96% Profit

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.

$48K Monthly Revenue

$1.2K Startup Costs

Read by 1,039 founders