4 Fundraising Consulting Business Success Stories [2024]
A fundraising consulting business helps organizations, non-profits, and individuals raise money for various causes or projects.
As a consultant, you would identify funding needs and develop and implement a strategy to meet them, including researching funding sources, writing grant proposals, organizing fundraising events, and managing donor relations.
To start this business, you will need a strong understanding of fundraising, a network of potential funding sources, and possibly licenses or certifications.
To be successful, you will need excellent communication and networking skills, the ability to think creatively and strategically, and an understanding of industry trends and best practices. You will also need to manage your business finances, including setting service prices and tracking income and expenses.
In this list, you'll find real-world fundraising consulting business success stories and very profitable examples of starting a fundraising consulting business that makes money.
1. ConnectionPoint ($1.8M/year)
Daryl Hatton, the founder of ConnectionPoint, came up with the idea for his crowdfunding-as-a-service platform, FundRazr, while coaching his son's lacrosse team and struggling to get players to attend practice. He wondered if he could use Facebook to get them to pay their registration fees, which led to the core idea of using social media to facilitate funding for important projects. After investing a quarter of a million dollars and navigating some challenges with changes to Facebook's API, Hatton successfully launched FundRazr in 2009 and has since helped almost 200,000 projects raise over $200 million.
How much money it makes: $1.8M/year
How much did it cost to start: $600K
How many people on the team: 20
ConnectionPoint's founder and CEO, Daryl Hatton, shares his experience of launching an enterprise-class crowdfunding-as-a-service platform that has helped almost 200,000 projects in 40+ countries raise over $200 million, and offers valuable insights on taking a focused approach to growth and pivoting the business to solve customer problems.
3. Y2 Lending ($84K/year)
Eugene was laid off from his tech job in the summer of 2022. While going back to corporate would give him the required financial standing, he didn't want to be miserable again. Finally, he pulled the trigger and opened a HELOC.
How much money it makes: $84K/year
How much did it cost to start: $0
How many people on the team: 0
Real estate lender and investor, Eugene Nilus, discusses launching his private and hard money lending business, which has been making between $6,000-$9,000 a month since opening, sharing tips on networking, attracting customers, and building trust, with the goal of scaling to lend 100 million dollars by 2024.
4. Miventure ($60K/year)
Jason Crystal and Luiggi Pera founded Miventure based on their passion for democratizing investing and supporting early-stage startups. Initially focused on small business debt, they discovered a stronger market in investment crowdfunding, particularly in the friends and family round. Since launching their equity crowdfunding mobile app, Miventure has attracted over 2,000 potential investors and has 7 active campaigns with over $500,000 in funding capacity.
How much money it makes: $60K/year
How much did it cost to start: $1M
How many people on the team: 3
Miventure, an equity crowdfunding app, has raised over $500,000 in funding from 2,000 potential investors since launching a month ago, with one campaign already reaching its minimum funding goal and six campaigns remaining active.
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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.