4 Book Club Success Stories [2024]
A book club consists of several people who read and talk about the books based on the topic or an agreed reading list.
Setting up your book club can be a great way to enjoy books and meet new people.
More importantly, a book club is a well-paying side hustle idea. Therefore, figure out who you invite to your book club and define the purpose.
Do you want to learn something new, or do you just want to bond with other book lovers? Having a defined purpose helps you reach like-minded people to keep the book club close-knit.
In this list, you'll find real-world book club success stories and very profitable examples of starting a book club that makes money.
1. Foreword Reviews ($1.08M/year)
Victoria Sutherland, founder of Foreword Reviews, came up with the idea for her business while working for a small press magazine. She noticed that independent publishers were not getting much coverage and saw an opportunity to provide long-form reviews for these smaller presses. With her background in advertising and a passion for books, she started Foreword Reviews to fill the gap in the market and support indie presses.
How much money it makes: $1.08M/year
How much did it cost to start: $15K
How many people on the team: 7
Foreword Reviews is a media company that started out as a magazine with a print run of 7,500 copies, serving as a brochure for publishing services including foreign rights exchange and digital content, and twenty years and some intense pivots later, it has become one of the most profitable in the book business.
2. OrderOfBooks.com ($600K/year)
Graeme McGaw came up with the idea for OrderOfBooks.com after realizing the need for a resource that provided book readers with the order of books in a series. With his passion for books and his expertise from the gambling industry, he launched the website, which now makes six figures per year and serves as a valuable resource for readers worldwide.
How much money it makes: $600K/year
How much did it cost to start: $200K
How many people on the team: 8
OrderOfBooks.com is a website that lists books in both publication and chronological order and generates six-figure revenue after starting off as a resource for the founder and his friends, serving as a valuable resource for book readers.
3. Rebel Book Club ($156K/year)
Ben Keene and Ben Saul-Garner came up with the idea for Rebel Book Club after realizing they both had a habit of buying books and not finishing them. They decided to create a book club where members would commit to reading one book a month, attending a meetup, and enjoying a custom cocktail inspired by the book. The club quickly grew, and now has 570 subscribing members and generates £10,500 in monthly recurring revenue.
How much money it makes: $156K/year
How much did it cost to start: $100
How many people on the team: 0
Two friends started an online book club that now has 570 members and generates £10,500 MRR, by addressing the problem of 'Tsundoku,' charging a monthly subscription fee for one non-fiction book, one inspiring meetup, and one custom cocktail, inspiring conversation and community.
4. Book Club Chat ($48K/year)
Heather Caliendo, a journalist with a passion for reading, turned her love for books into a profitable business with Book Club Chat. Despite the saturation of the book blogging market, Heather stood out by creating a beautifully designed website and focusing on providing book club questions tailored to novels. With over 5,000 visitors a day and earning $4,000/month in ad revenue, Book Club Chat has become a go-to resource for book clubs around the world.
How much money it makes: $48K/year
How much did it cost to start: $50
How many people on the team: 0
Book Club Chat founder Heather Caliendo started a website dedicated to book club questions, reviews, and book lists with no upfront costs by dedicating a lot of time to reading and writing high-quality content that attracts over 5,000 daily visitors and has made $4,000 per month in ad revenue alone by focusing on organic search, SEO, and Mediavine.
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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.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
