2 Guitar Company Success Stories [2024]
Guitars are versatile, portable, accessible, and affordable musical instruments. Besides, guitars can be self-taught, or you can learn online.
If you are passionate about guitars, consider starting a guitar company. There are different entry points ranging from guitar production, guitar sales, and distribution company or even guitar repair. To start the guitar business, identify your target market, and create a business plan. You must register a business name and meet all the licensing requirements.
In this list, you'll find real-world guitar company success stories and very profitable examples of starting a guitar company that makes money.
1. KLOS Guitars ($1.2M/year)
Adam Klosowiak came up with the idea for KLOS Guitars when his own wooden travel guitar cracked in cold temperatures. He saw an opportunity to create a durable and portable carbon fiber guitar that would solve the issues of fragility and warping commonly associated with wooden instruments. After conducting extensive research and launching a successful Kickstarter campaign, KLOS Guitars has grown to ship to over 70 countries and generate over $100k per month in sales.
How much money it makes: $1.2M/year
How many people on the team: 13
KLOS Guitars CEO and co-founder Adam Klosowiak created a unique line of carbon fiber guitars and ukuleles, launching with a successful Kickstarter campaign that has since led to over $1 million in funding, with current monthly sales over $100K mainly through Shopify.
2. Miguel de Maria, Elegant Spanish Guitar ($36K/year)
Miguel de Maria, a former desk job worker, discovered his passion for playing Spanish guitar while tending bar at a venue featuring live entertainment. After stepping in to help a backup band, he realized his talent and began pursuing a career as a freelance guitar performer. By leveraging personal contacts, word-of-mouth referrals, and a high-quality website, Miguel has built a successful business, earning around $3000 a month. Despite the challenges posed by the COVID-19 pandemic, Miguel remains optimistic about the future of his business as events gradually resume.
How much money it makes: $36K/year
How much did it cost to start: $1.5K
How many people on the team: 0
Miguel de Maria, a former desk worker, built a successful freelance guitar performance company generating $3000 monthly by leveraging personal contacts and creating an online presence that includes a professional website, business cards, and contracts.
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