6 Technical Specialist Business Success Stories [2024]
Technical specialist businesses cater to the increasing demand for specialized tech services without the need for full-time IT staff.
In simple terms, this business involves offering on-demand technical support and services, such as software troubleshooting, network setup, and cybersecurity assessments. Companies, especially small and medium-sized enterprises (SMEs), often lack the in-house expertise to tackle complex tech issues, making this a valuable service.
The allure lies in the flexibility and scalability of this model. You can operate independently or build a small team of experts, addressing a range of tech challenges for different clients. This is a versatile business idea with the potential to expand into various niches like cloud computing, data recovery, or even tech consultancy.
If you've got strong technical skills and enjoy problem-solving, starting a technical specialist business could be a fulfilling and profitable endeavor. It’s a practical way to leverage your expertise while helping other businesses run smoothly.
In this list, you'll find real-world technical specialist business success stories and very profitable examples of starting a technical specialist business that makes money.
1. StudioHawk ($8.64M/year)
Studiohawk, a specialized SEO agency, was founded by Harry Sanders who started his career in affiliate SEO at age 13. Frustrated with the profit-driven focus of his previous agency, Sanders decided to start his own company that solely focuses on SEO. With a dedicated team and a reputation for delivering results, Studiohawk has achieved $6 million in revenue over the span of six years.
How much money it makes: $8.64M/year
How much did it cost to start: $2.1K
How many people on the team: 53
Studiohawk achieved $6M in revenue and won the title of "Best Large Global SEO Agency" with no money spent on advertising, earning business through referrals, partnerships, and networking events, with plans to break the myth of SEO misconceptions and become the biggest SEO agency in the world, while also educating people in the SEO sphere via Hawk Academy.
2. Tesix Wireless Network ($5.16M/year)
Chaymeriyia Moncrief, the founder of Tesix Wireless Network, came up with the idea for her prepaid wireless carrier after experiencing frustration with high phone bills and fees from traditional contract carriers. She realized that there was a need for a carrier that catered to young adults and millennials who wanted lower-cost phone services without contracts or data limits. Through extensive research and learning about MVNOs, she discovered a way to launch her own carrier without requiring millions of dollars and towers in every state. After 412 days of planning and preparation, Tesix Wireless Network was successfully launched, attracting thousands of subscribers and generating significant monthly revenue.
How much money it makes: $5.16M/year
How much did it cost to start: $125K
How many people on the team: 8
This case study is about how Chaymeriyia Moncrief launched Tesix Wireless Network, a prepaid wireless carrier with around 7,000 mobile subscribers and an average monthly revenue of $430,000 from mobile subscriptions, box sells, and activations kits, targeting young adults and millennials who want lower phone services, zero fees, no contracts, and zero limits on their data by leveraging influencers, raising funds, and building an online presence.
3. DeepBench Inc. ($1.2M/year)
The co-founders of DeepBench, Yishi, Derek, Devin, and Nikhil, met while studying at MIT and realized the need for a better, more efficient expert network. They saw that existing networks were slow, expensive, and disjointed, and believed that technology could solve these problems. By automating the expert-finding process and prioritizing user interface, security, and transparency, DeepBench has attracted over 450 clients and facilitated nearly 2,000 consultations.
How much money it makes: $1.2M/year
How many people on the team: 8
DeepBench, a company disrupting the expert network industry, offers a platform connecting clients with expert advisors for informed decision making, serving over 450 clients and 25,000 advisors and achieving their best quarter yet in Q1 2021.
4. Cobuild Lab ($1.08M/year)
Angel Lacret, the founder of Cobuild Lab, started the company 5 years ago after moving to Miami from Venezuela. As a software engineer with previous experience in creating products for startups and government organizations, Lacret saw the need to help entrepreneurs succeed by providing them with custom software solutions. Over the years, Cobuild Lab evolved its product development process, focusing on sustainable software development and establishing a strong customer service approach. Despite the challenges posed by the COVID-19 pandemic, the company adapted its strategy and saw significant growth, doubling its revenue and staff in 2021. Cobuild Lab's future goal is to continue expanding its sales and lead generation efforts, aiming for a 2x growth in 2022.
How much money it makes: $1.08M/year
How much did it cost to start: $20K
How many people on the team: 45
Cobuild Lab's CEO and Founder Angel Lacret shares his journey of starting a custom software solutions company, starting from $20k and growing to a team of over 50, and offers insights on attracting and retaining customers through a strong digital marketing campaign and building personal relationships, as well as emphasizing the importance of product market fit and sales.
5. Techintern.io ($180K/year)
Kingsong, the CEO of Techintern.io, came up with the idea for his business after noticing the high demand for tech talent at startups and the pause in internships at large tech companies during the pandemic. He saw an opportunity to connect startups with skilled developers who had lost their internships, and decided to build a web application to streamline the process. Through their successful launch on Product Hunt and word-of-mouth referrals, Techintern.io has been able to attract and retain customers, and is currently profitable and expanding their marketing efforts.
How much money it makes: $180K/year
How much did it cost to start: $40K
How many people on the team: 3
Techintern.io connects startups and tech companies with the best software developer students at colleges across North America and has achieved #1 Product of the Day and #2 Product of the Week on Product Hunt, making $15,000 per month.
6. The Customize Windows ($33.6K/year)
Abhishek Ghosh, founder of The Customize Windows blog, was inspired by his passion for electronics and programming. He launched the blog in 2010 to share his knowledge of tweaking Microsoft Windows and gradually expanded its scope to include theoretical discussions on various tech topics. Over the years, the website has attracted direct advertisers and stabilized its monthly earnings at $2,500, offering valuable content to readers in the software and electronics niche.
How much money it makes: $33.6K/year
How much did it cost to start: $500
How many people on the team: 4
This case study is an inspiring story about how a founder started a blog on Microsoft Windows technology and, after a decade of hard work, dedication, and patience, managed to make it a sustainable business earning $30,000 per year, outlining the process of designing, prototyping, and launching the website and the lessons learned along the way.
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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.
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