Contract Consulting Business

Contract Consulting Business Success Stories [2024]

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Updated: October 10th, 2024

Think you possess specialist skills that companies lack in-house? Consider starting a contract consulting business. Here, you provide expert advice and specialized services to businesses on a contractual basis.

You don’t need to be a jack of all trades. Focus on what you excel at and market that expertise. Whether it’s financial planning, digital marketing, HR, or IT solutions, there’s a multitude of opportunities awaiting someone who can offer precise, actionable guidance.

The key to success lies in building trust and demonstrating measurable results. Networking is vital, as your reputation will be your strongest asset. It’s not just about giving advice; it’s about helping businesses achieve their goals efficiently and effectively.

Jumping into a contract consulting business allows you to work on varied projects, leverage your skills, and enjoy the flexibility of choosing your clients—all factors that make this a compelling business idea.

In this list, you'll find real-world contract consulting business success stories and very profitable examples of starting a contract consulting business that makes money.

1. SimpleSwap.io ($600K/year)

Two crypto enthusiasts with experience in the field of cryptocurrency saw the need for a simple and convenient crypto exchange. They launched SimpleSwap with an MVP after a week, attracting their first customers through social media and forums. With over 200,000 monthly active users and a strong support team, SimpleSwap continues to grow and aims to offer a full range of cryptocurrency services in the future.

How much money it makes: $600K/year
How much did it cost to start: $0
How many people on the team: 10

How We Built A Cryptocurrency Exchange With 200K Active Users

SimpleSwap, a user-friendly and reliable service for cryptocurrency exchanges, attracts over 200,000 monthly active users with an average monthly revenue of $50,000 by offering a simple and convenient exchange process and superior customer support.

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2. Legislate ($60K/year)

Charles Brecque, the founder of Legislate, came up with the idea for his legal tech company after experiencing the slow and painful process of creating, negotiating, and tracking contracts in his previous startup role. He realized that making contracts machine-readable through knowledge graphs would be a more efficient solution and secured initial funding to start building the platform. Legislate has since gained over 120 paying clients and raised £1M in funding.

How much money it makes: $60K/year
How much did it cost to start: $150K
How many people on the team: 12

How I Raised £1M And Built A Contract Software For Non-Lawyers

A legal tech company, Legislate, founded by Charles Brecque, makes it easy for non-lawyers to safely create lawyer-approved contracts and track the data they contain, with a team of 12 and over 120 paying clients split between property and employment.

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Read by 1,993 founders