2 Proposal Writing Business Success Stories [2024]
Want a business that helps others while leveraging your writing skills? Consider starting a proposal writing business. This idea involves crafting well-written and persuasive proposals for clients looking to secure funding, contracts, or partnerships.
To get started, you'll need strong writing abilities and an understanding of what makes a proposal successful. It involves more than just writing; you'll need to research clients' needs, design compelling documents, and potentially meet tight deadlines.
The beauty of this business lies in its scalability and importance. As companies and organizations continually seek financial backing or strategic partnerships, the demand for expert proposal writers remains steady. With an effective marketing strategy, your proposal writing business could become an indispensable resource for clients aiming to achieve their goals.
If you’re looking for a business idea that combines creativity, strategy, and the satisfaction of helping others succeed, proposal writing deserves consideration.
In this list, you'll find real-world proposal writing business success stories and very profitable examples of starting a proposal writing business that makes money.
1. Thornton & Lowe ($2.16M/year)
At the age of 23, Dave Thornton founded Thornton & Lowe, a bid writing and management consultancy. After gaining experience in the housing industry and realizing the need for smaller businesses to improve their bid skills, Thornton decided to start his own company. Now, 10 years later, Thornton & Lowe has helped clients win billions of contracts and has achieved impressive milestones such as sales of over $130,000 per month and a win rate of over 75% on tenders.
How much money it makes: $2.16M/year
How much did it cost to start: $250
How many people on the team: 28
Learn how a UK-based bid writing and management consultancy grew to sales over $130,000 per month by focusing on their niche market and providing exceptional customer service to clients ranging from startups to multinationals.
2. Content-Whale Private Limited ($750K/year)
Vaibhav Kishnani, an engineer turned writer, came up with the idea for Content-Whale after noticing the unprofessional conduct in the Indian content market. With just Rs. 2,500 ($35) in capital, he started the content agency which now generates a revenue turnover of Rs. 4 crores ($514,000) and serves clients like Quikr and The Boston Consulting Group.
How much money it makes: $750K/year
How much did it cost to start: $35
How many people on the team: 30
Content-Whale, a content curation agency, has achieved a Rs. 4 crore ($514k/year) turnover 4-5 years after being started with just Rs. 2500 ($35), and has a pool of more than 500 writers, aiming to become a market leader in the global content market.
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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.