Counseling Business

Counseling Business Success Stories [2024]

Pat Walls

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Updated: October 8th, 2024

Mental illnesses can curtail an individual’s ability to lead a fulfilling life. Mental health issues can cloud relationships, family life, and careers.

Guidance and counseling experts help people deal with mental health conditions across economic, social, and racial groups.

To start a counseling business, identify a niche and focus on building expertise around that area.

For instance, you can concentrate on economic or financial counseling, social issues such as a family or marriage counseling business, or an education and life coaching business where you counsel people in choosing a career and chasing their dreams.

Once you have decided on the niche, market your services through focus groups or target individuals.

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

1. Space To Be You ($144K/year)

Space To Be You, a mental health and holistic therapy center in London, was started by Izabela and Bryan Hunter after discovering a newly renovated premises with 10 rooms that could be used for therapy sessions. Recognizing the demand for mental health and wellbeing services amid the Covid-19 pandemic, they took advantage of government-backed startup loan schemes and their own savings to launch the business. They now have 25 therapists on board and are growing at a rate of 30% month-on-month, with the potential to double their monthly revenue of $8,000 within the next 12-18 months.

How much money it makes: $144K/year
How much did it cost to start: $35K
How many people on the team: 0

We Started A $96K/Year Therapy Room Rental Business During The Pandemic

Space To Be You is a mental health and holistic therapy center that has grown at 30% month-on-month and currently generates $8000 in monthly revenue with 25 counselors and massage therapists providing services, and discusses securing funding and the challenges of starting up a therapy business during the pandemic.

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