13 Growth Agency Success Stories [2024]
A growth agency helps businesses achieve revenue growth objectives by following a core strategy that involves marketing, sales enablement, technology, and growth hacking. Unlike traditional marketing agencies, growth agencies influence more than marketing KPIs and can even influence product development and service offering.
The demand for growth agency services is high among the brand owners who understand if they stay small and stagnant, they risk losing clients.
Therefore, starting a growth agency is a fulfilling experience and an opportunity to make money. To start your own agency, focus on hiring available employees to help you in the management of various business aspects.
Some skills you may need to run a successful growth agency include editorial skills, graphics design, content creation, SEO, social media management, marketing, etc.
To ensure you run a successful agency, focus on creating a strong company culture and team bonding. Remember, clients are impatient, and so you must be ready to provide answers and services promptly.
In this list, you'll find real-world growth agency success stories and very profitable examples of starting a growth agency that makes money.
1. Spencer Patterson ($1.68M/year)
Spencer Patterson, an ex-financial broker turned product developer, launched a paywall platform in 2019 initially to streamline his own content operations. Seeing its potential as an alternative to Patreon, he monetized the bootstrapped SaaS to $125,000 - $142,000 MRR, ultimately selling it for $3.5M on Flippa.
How much money it makes: $1.68M/year
How much did it cost to start: $6K
How many people on the team: 1
This case study is about a founder who launched a paywall platform for content creators in 2019, bootstrapping it from $0 and eventually selling it for $3.5M on Flippa, with the platform generating between $125,000 - $142,000 in Monthly Recurring Revenue (MRR) on 95% margins.
2. Wealth Ideas Agency ($1.44M/year)
Chris Anthony, the founder of Wealth Ideas Agency, came up with the idea for his digital marketing agency after struggling to maintain stable revenues and generate enough leads through traditional means of prospecting. He realized that automating the agency's lead generation would provide more consistency, and within a year, Wealth Ideas Agency went from a one-man band to a team of ten. Three years later, they reached an impressive $5 million in revenue.
How much money it makes: $1.44M/year
How much did it cost to start: $850
How many people on the team: 10
Learn how Wealth Ideas Agency Founder/Head of Growth, Chris Anthony, went from a one-man agency to $5M revenue in three years, to now generating $120K/month while helping other agencies implement a proven lead generation system.
3. Rejoin Media ($1.2M/year)
Michael Gardon, the CEO of Rejoin Media, came up with the idea for his business after realizing that he wanted to break out of the 9-5 job and create a more flexible and balanced lifestyle. With capital to acquire sites and expertise in SEO and content marketing, Gardon launched Rejoin as a portfolio of web-based businesses, generating around $100,000 per month in revenue and growing at a rate of 20% per month. Today, he is focused on diversifying his business and building new products and marketing channels.
How much money it makes: $1.2M/year
How much did it cost to start: $50K
How many people on the team: 5
Rejoin Media's CEO, Michael Gardon, shares how he built his business portfolio, which generates $100,000 in monthly revenue, without the use of venture capital, and offers insight into achieving business success through resiliency.
4. Stackmatix ($720K/year)
Matt Pru and his business partner James Critelli founded Stackmatix in 2018 after working together at MightyHive, a successful marketing services company that was acquired for $150 million. They wanted to provide a more holistic and consultative approach to marketing services, starting from the ground up with businesses to avoid scaling challenges later on. Today, Stackmatix has grown to over $20K in monthly recurring revenue and is aiming for $50K in the next 6 to 12 months.
How much money it makes: $720K/year
How much did it cost to start: $1K
How many people on the team: 4
Stackmatix achieved $20k MRR in under two years by providing integrated digital marketing solutions for businesses, from start-ups to Enterprises, with a holistic, consultative approach, and currently they're pacing towards their goal of $50k MRR in another six to twelve months.
5. Add Value | Growth Marketing Agency ($600K/year)
24-year-old Joachim Brouckaert founded Add Value, a growth marketing agency, after noticing that many marketing agencies prioritized money over delivering value to their customers. With a background in digital marketing and experience freelancing as a digital marketer, Joachim decided to start his own agency focused on full-funnel marketing services. After a year in business, Add Value generates an average monthly turnover of 30k and works with 18 active clients.
How much money it makes: $600K/year
How much did it cost to start: $1K
How many people on the team: 5
A 24-year-old founder shares how his growth marketing agency generated €360,000 in its first year, with a team of 5 people working for 18 active clients per month, using SEO, Facebook and Google ads, organic content on LinkedIn, and a hybrid agency model with a focus on client retention.
6. VastGG ($480K/year)
Trey Christensen and Cody Reese started VastGG after realizing the value of running giveaway campaigns for top influencers and brands in the gaming and esports industries. By leveraging their connections and passion for gaming, they grew Vast into a large-scale giveaway marketing agency, generating over $30k in revenue per month and working with clients like Ninja, Sodapoppin, and NRG. Their success came from offering their services for free initially, proving the results, and then converting clients to paying customers.
How much money it makes: $480K/year
How much did it cost to start: $1K
How many people on the team: 6
VastGG founders Trey Christensen and Cody Reese have built a multiplayer gaming giveaway marketing agency generating over $30k per month with 1.95 million subscribers to their newsletter and over 2 million social followers.
7. MOTIF® ($420K/year)
After facing several failures in his eCommerce journey, Ash, an eCommerce branding and marketing consultant, came up with the idea for his business Motif. He realized that by niching down to the Luxury Fashion industry and offering value-driven marketing services, he could attract and retain clients in a profitable and impactful way. Now, his agency maintains a 75% profit margin and has plans to expand operations and become a pioneer agency in the Luxury Lifestyle space.
How much money it makes: $420K/year
How much did it cost to start: $100
How many people on the team: 15
Learn how a growth-driven digital agency targeting luxury fashion and lifestyle brands grew from making $10k a month to $50k-$100k in recurring revenue, with a niche client focus, specialized content marketing, and a focus on value-based pricing and driving results.
8. BizzBee Solutions ($312K/year)
Dancho Dimkov, the founder of BizzBee Solutions, came up with the idea for his business after realizing that freelancing was not a sustainable long-term option. He decided to start his own company that specialized in LinkedIn and email outreach, offering B2B lead generation and sales process services to software providers, high-ticket service providers, consultants, and agencies. Through building meaningful relationships and providing valuable solutions to clients, BizzBee has grown to serve over 400 clients globally in just 5 years.
How much money it makes: $312K/year
How much did it cost to start: $4.25K
How many people on the team: 26
BizzBee Solutions, a LinkedIn and email outreach specialist, grew from 2 to 20+ employees in just 12 months, serving 400+ clients globally, after switching from being generalists to specialists in outreach for high-ticket service providers, agencies, software development companies, and consultants.
9. Hiperion Marketing ($240K/year)
Jace, the founder of Hiperion Marketing, started his entrepreneurial journey at a young age and eventually ventured into web design. Through listening to his clients' needs, he discovered the importance of SEO and decided to focus solely on providing SEO solutions to B2B SaaS companies. With a strong team and a dedication to results, Hiperion Marketing is rapidly growing and aims to reach $1 million ARR in 2023.
How much money it makes: $240K/year
How much did it cost to start: $15K
How many people on the team: 1
Hiperion Marketing offers a highly successful SEO solution for B2B SaaS clients who want to acquire more customers organically and is closing in on the $30,000 MRR mark.
10. Rex Marketing and CX ($120K/year)
While leading MyWellbeing's expansion across all 50 states, Ryan Ward realized the dire need for marketing support among small mental health practices. Leveraging his growth marketing expertise and no-code skills, he co-founded Rex Marketing & CX in April 2023, quickly achieving $10,000/month in revenue.
How much money it makes: $120K/year
How much did it cost to start: $500
How many people on the team: 0
Case study of Rex Marketing & CX: Growing revenue to $10,000/month in just a year by leveraging AI, automation, and outsourcing, specializing in growth marketing, product development for small businesses in healthcare, financial services, and SaaS spaces.
11. Avci socso ($120K/year)
Mahsun Avci, the founder of Avci ApS, came up with the idea for his online marketing agency at the age of 15. After trying various online businesses and failing, he stumbled across the concept of SMMA and convinced his dad to let him run Facebook ads for his restaurant. Seeing successful results, Avci knew he had found the right business for him and dedicated himself to learning and mastering Facebook ads and personal branding.
How much money it makes: $120K/year
How much did it cost to start: $350
How many people on the team: 0
A 15-year-old entrepreneur started Avci ApS, an online marketing agency, that has now grown to $10k/mo and aims to hit $175k in profit in 2021 through Facebook ads, content marketing, and social media client outreach.
12. MiloTreeCart ($72K/year)
Jillian Leslie, co-founder of MiloTree Easy Payments, came up with the idea while running her first online company, Catch My Party. She needed to grow her Pinterest followers for traffic and monetization and built the MiloTree pop-up app to solve that problem. Based on the success and feedback from their own experience, they expanded MiloTree to help other bloggers and creators grow their real followers on multiple platforms.
How much money it makes: $72K/year
How much did it cost to start: $1.5K
How many people on the team: 2
Jillian Leslie launched two businesses, Catch My Party and MiloTree, to grow her social media followers and monetize her content, and recently launched MiloTree Easy Payments, a platform to help creators monetize their expertise, which is projected to generate $40k ARR by year's end.
13. Rank Trends ($72K/year)
Md. Yousuf Ali, the founder of Rank Trends and Khan, came up with the idea for his business after discovering the potential of digital marketing through oDesk. With his background in web design and development, he launched Rank Trends to provide SEO, web design, and graphics design services. The business quickly gained traction and was recognized as the "Best SEO Service Provider in Bangladesh 2019." Today, Ali is expanding his retail business into the online space and plans to resume activities for Rank Trends soon.
How much money it makes: $72K/year
How much did it cost to start: $5K
How many people on the team: 2
This case study features Md. Yousuf Ali, the founder of Rank Trends, who shares how he started a successful digital marketing agency, which generated a revenue of over $6k per month through SEO and video production services.
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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.
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