Skills Training Business

How Much Money Do Skills Training Businesses Make? (2024)

Pat Walls

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Updated: June 23rd, 2024

TL;DR:

Based on our data, skills training businesses can make between $1,500-$350,000 per month.
The average revenue for a successful skills training business is $94.8K per month.
The highest grossing skills training business in our records makes over $4,200,000 per year.
Skills training business owners salaries can vary wildly depending on industry, niche, and size of the business

So you're thinking about starting a skills training business?

And now you're wondering how much skills training business owners actually make...

Well, let’s dive in!

Here are example of real skills training businesses and how much money they make - as reported by the founders themselves:

1. Marketplace SuperHeroes ($4.2M/year)

After getting scammed multiple times while searching for a way to make money online, Stephen realized that selling physical products was the easiest way to get started. He partnered with Robert and built a multi-7-figure business selling branded products on Amazon. This success led to the creation of Marketplace SuperHeroes, an 8-figure online education company that helps people learn how to sell their own products on Amazon.

How much money it makes: $4.2M/year

2. SquarePlanet ($3.49M/year)

Brian Burkhart, founder of SquarePlanet Presentations & Strategy, came up with the idea for his business after witnessing a top doctor give a painfully boring presentation at a healthcare conference. The wasted time, money, and missed opportunities motivated him to help people improve their presentation skills. With his experience in business communications and a deep understanding of what makes presentations go wrong, he created SquarePlanet to provide consulting, training, and execution services for impactful presentations. The company has since seen consistent and upward revenue growth, working with big brands like Coca-Cola and Google.

How much money it makes: $3.49M/year

3. Product Focus ($1.8M/year)

Ian Lunn and his co-founder Andrew Dickenson started Product Focus after seeing a need for high-quality product management training. With their background in product management and marketing, they launched their first public course in 2006 and have since grown to become the European leaders in product management training. They have adapted their business model during the pandemic and continue to provide world-class training online. [Word count: 36 words]

How much money it makes: $1.8M/year

4. EMDR Consulting ($1.8M/year)

EMDR Consulting training, I included the consultation fees in the overall cost, making it a more comprehensive and valuable offering. Marketing: I utilized online platforms such as websites, social media, and email marketing to promote my training events. I also leveraged my reputation and network within the EMDR community to spread the word about my new training organization. Word-of-mouth: As attendees experienced the effectiveness and quality of my training, they shared their positive experiences with their colleagues, which generated further interest and traction for my events. Through these strategies, I was able to establish credibility, attract attendees, and build momentum for EMDR Consulting's training events.

How much money it makes: $1.8M/year

5. Oki Doki Digital Inc ($480K/year)

Marie Poulin came up with the idea for her course, Notion Mastery, after discovering the software tool Notion in 2018. She found that Notion helped her with organization and productivity, and she began sharing her tips and tricks on YouTube. After receiving requests for a course, she launched Notion Mastery, which now generates an average of $40k/month in revenue.

How much money it makes: $480K/year

6. EntryLevel ($360K/year)

Ajay Prakash, the founder of EntryLevel, started the business in 2021 with the mission to make tech education more accessible. Inspired by the World Economic Forum's goal to reskill 1 billion people by 2030, Prakash saw an opportunity to create a high-volume, low-cost reskilling platform. With a unique pricing model, active community, and AI teaching assistant, EntryLevel has trained almost 30,000 people and is making $40,000 per month.

How much money it makes: $360K/year

7. Frontend Mentor ($360K/year)

Matt Studdert, founder of Frontend Mentor, came up with the idea for his business while teaching a front-end web development course. He noticed that his students often struggled to find professional designs and projects to practice their skills and build their portfolios. This led him to create a platform that provides developers with challenges, designs, and optimized assets, ultimately launching Frontend Mentor.

How much money it makes: $360K/year

8. TrumpExcel.com ($120K/year)

Sumit Bansal, the founder of TrumpExcel.com, came up with the idea for his business after realizing the demand for Excel tutorials and courses. Working for a tech company, Sumit saw the need for efficient Excel skills and decided to create a blog and offer online courses to teach people how to use spreadsheets effectively. With over 1 million monthly pageviews and an average monthly revenue of $10,000, Sumit has successfully built a profitable business helping millions of people learn Excel.

How much money it makes: $120K/year

9. Better Sheets ($100K/year)

Andrew Kamphey came up with the idea for Better Sheets while working on a web app and realizing the creative potential of Google Sheets. Seeing a gap in the market for tutorials on using Google Sheets for businesses, he launched Better Sheets with a landing page, free and paid videos, and quickly gained traction, making $2,291 in revenue in just one month.

How much money it makes: $100K/year

10. Hit My Quota ($90K/year)

As a VP at MongoDB, when Kyle decided to create his own digital product, he looked at:

Trainings he had given
Questions he frequently answered
Fundamentals he had used to create success

There was a lot of crossover in these three categories. So he created “mini-frameworks” off of those areas. And the result was a "simple" 77-page PDF file.

How much money it makes: $90K/year