Startup Consulting Business

How Much Money Do Startup Consulting Businesses Make? (2024)

Pat Walls

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Updated: June 23rd, 2024

TL;DR:

Based on our data, startup consulting businesses can make between $1,500-$1,399,996 per month.
The average revenue for a successful startup consulting business is $102K per month.
The highest grossing startup consulting business in our records makes over $16,799,952 per year.
Startup consulting business owners salaries can vary wildly depending on industry, niche, and size of the business

So you're thinking about starting a startup consulting business?

And now you're wondering how much startup consulting business owners actually make...

Well, let’s dive in!

Here are example of real startup consulting businesses and how much money they make - as reported by the founders themselves:

1. SupportNinja ($16.8M/year)

Cody started SupportNinja after facing numerous failures and obstacles in his life. He had a passion for building businesses and saw an opportunity to provide outsourcing services specifically targeted towards startups. With a focus on recruitment, training, and quality assurance, SupportNinja quickly grew to generate over $9M in annual recurring revenue and achieve a growth rate of 3,684% in the past 3 years.

How much money it makes: $16.8M/year

2. The Smart Passive Income Blog ($1.5M/year)

Pat started the Smart Passive Income blog after being laid off from his architecture job in 2008. He created a website to help people pass the LEED exam, which unexpectedly attracted thousands of visitors daily. Encouraged by positive feedback and initial ebook sales, he launched Smart Passive Income to share his entrepreneurial journey and insights.

That first month, I made $7,008.55. That was just life-changing for me. I was so excited I wanted to share how it all happened and what I had learned, so I created SmartPassiveIncome.com that same month. — Pat Flynn (Source)

How much money it makes: $1.5M/year

3. 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

4. Byldd ($600K/year)

Ayush, the founder of Byldd, came up with the idea for his business after seeing the struggle that founders, especially non-technical ones, face when building their first product. He wanted to solve this problem by helping founders build revenue-generating minimum viable products (MVPs) that are just good enough to solve a problem and get customers to pay for it. Since starting as a side project in 2019, Byldd has grown to a team of 35 people and is now making over $50K MRR.

How much money it makes: $600K/year

5. moonwater ($363K/year)

After taking a 40% pay cut to escape management consulting, Mike spent a decade in startups before founding moonwater, now averaging $30K+/month in revenue with a 93% margin by helping high-potential startups grow faster and more efficiently.

How much money it makes: $363K/year

6. Pixels for Humans ($290K/year)

After closing her first business, Heather ONeill launched Pixels for Humans just nine days later. Guided by a coach’s advice, she shifted focus to build a values-driven consultancy, maintaining a 4-day work week and selective client roster, showing that profitability and purpose can coexist.

How much money it makes: $290K/year

7. 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

8. The Profit Finder ($168K/year)

Disillusioned by repeated failures from hired marketing experts, Brian Carmody tripled his company's revenue and expanded from 1 to 48 states by employing his own strategies. This sparked the idea for The Profit Finders, now generating up to $15k monthly.

How much money it makes: $168K/year

9. 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

10. StartupTalky ($120K/year)

Shubham Kumar, the founder of StartupTalky, came up with the idea for his business after realizing there was a lack of community and resources for entrepreneurs in India. He started a Facebook group and began posting valuable content for aspiring startup founders, which quickly gained traction and grew to over 100K members. To monetize the community, he started a blog featuring stories and challenges faced by founders, which eventually led to a profitable media platform making $10K/month.

How much money it makes: $120K/year