Startup Coach Success Stories [2024]
Want to turn your entrepreneurial insights into a thriving business? Consider becoming a startup coach.
In this role, you'll guide aspiring entrepreneurs through the labyrinths of launching and growing their startups, offering your expertise in business planning, strategy, and operations. This isn't just a fancy title; it's about rolling up your sleeves and providing hands-on support to help others navigate challenges and seize opportunities.
If you enjoy problem-solving and possess a knack for mentorship, this could be a fulfilling venture. You can work with a diverse range of clients, from tech innovators to local small businesses, making each day unique. The demand for experienced startup advisors is on the rise, offering you a chance to make a significant impact while building your own business.
Starting a coaching business requires an initial investment in marketing yourself and possibly earning pertinent certifications for credibility. But the rewards? Helping others succeed while creating a flexible and scalable business model for yourself.
In this list, you'll find real-world startup coach success stories and very profitable examples of starting a startup coach that makes money.
1. The Mindset Society ($186K/year)
Claire Osborne, founder of The Mindset Society, came up with the idea for her business during the UK coronavirus lockdown when she realized that many employers were struggling to help their employees with stress and anxiety. She saw an opportunity to provide coaching to startups and scale-ups, helping founders make decisive actions and supporting teams to navigate the challenges of the pandemic. Since launching, the company has averaged over $15k in revenue per month.
How much money it makes: $186K/year
How much did it cost to start: $1K
How many people on the team: 0
How one founder launched a coaching business during lockdown, bringing in an average of over $15k revenue a month through coaching startups and scale-ups, and has plans to scale up by adding complementary services and creating cross-company support networks.
2. Startups of London ($72K/year)
Startups of London was founded by an entrepreneur who noticed a lack of rich media content about the startup scene in London. With a background in understanding human behavior and previous experience in startups, the founder launched the business in September 2019 as a documentary company profiling startups with video and rich content. The pandemic shifted their focus to SEO and discovering niche areas of need, resulting in impressive growth with over 100,000 people reached and becoming the number one organic result for key search terms in their audience.
How much money it makes: $72K/year
How many people on the team: 4
Startups of London is a media company profiling startups in the UK with a focus on high-value content creation that has seen over 100,000 people reached and is the number one organic result for many key search terms, since their launch in September 2019.
3. Commissioning and Startup ($42K/year)
Paul Turner, a professional electrical engineer and project management professional, came up with the idea for his business, Commissioning and Startup, after seeing numerous projects struggle due to poor commissioning. He created a suite of training programs to teach project managers and engineers the structured process of commissioning complex projects. These programs have been well received, with over 10,000 people taking the free intro course and positive feedback circulating on social media.
How much money it makes: $42K/year
How much did it cost to start: $5K
How many people on the team: 1
Learn how one professional engineer created online commissioning training programs to help project managers and engineers deliver complex projects on time and budget, with over 10,000 people taking his free mini-course and growing interest in his courses.
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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.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.