Engineering Business

Engineering Business Success Stories [2024]

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Updated: October 10th, 2024

Got a knack for problem-solving and innovation? Consider starting an engineering business.

An engineering business focuses on providing technical and consultancy services across various industries, from construction to software development. Your role would involve problem-solving, designing solutions, and overseeing projects to ensure they meet clients' requirements.

The demand for specialized engineering skills is strong and growing, making this a lucrative field. With a background in engineering and some business acumen, you can carve out a niche for yourself, addressing unique challenges and creating effective solutions.

Launching this venture means not just having technical expertise, but also investing time in building a client base, managing projects, and continually upgrading your skills. It's a demanding yet rewarding path that offers the chance to work on cutting-edge projects and make a real impact. For those willing to put in the effort, an engineering business can be both fulfilling and profitable.

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

1. Machinery Partner ($4.8M/year)

Ciaran, the founder of Machinery Partner, came up with the idea after realizing the large service gap between machinery dealers and customers in the heavy equipment industry. He saw an opportunity to digitize the industry and started reaching out to end-users to recruit more dealers, boosting revenue by 47% in just 18 months. Inspired by active Facebook groups and the trust-building power of content, Ciaran launched Machinery Partner and has since sold nearly half a million dollars worth of machinery per month, with plans to raise financing for rapid growth.

How much money it makes: $4.8M/year
How much did it cost to start: $25K
How many people on the team: 6

How I Started A $400K/Month Business Selling Heavy Machinery

Machinery Partner's founder Ciaran made almost $500k in machinery sales last month targeting small to medium-sized contracting businesses in the US and aims to become the go-to digital dealership for heavy equipment, with its standout quality being accessible remotely, delivered directly from manufacturers.

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