4 Teaching & Consulting Business Success Stories [2024]
Do you want to share your expertise and help others achieve their goals? Consider starting a teaching and consulting business.
In simple terms, you’ll offer your knowledge and advice to help individuals or businesses overcome challenges and reach their potential. Whether it's teaching a new skill, offering career advice, or providing business strategy consultations, the opportunities are vast and varied.
The real appeal lies in the ability to make a tangible impact on others’ lives while utilizing your skills and knowledge. Plus, this business model offers flexibility, allowing you to set your own schedule and choose the clients you work with.
If you have a skill set or knowledge base that’s in demand, this could be a rewarding way to turn your expertise into a successful business.
In this list, you'll find real-world teaching & consulting business success stories and very profitable examples of starting a teaching & consulting business that makes money.
1. Think Future ($3.52M/year)
Kalaboukis, a futurist and innovator, always dreamt of living in the future and creating it. After realizing that people's fear of change is what holds them back from embracing innovation, he started hellofuture to provide tools, workshops, and coaching to help individuals and companies innovate without fear. With revenues of around $293k per month and a portfolio of 122 patents, Kalaboukis is helping others create their ideal future.
How much money it makes: $3.52M/year
How much did it cost to start: $1K
How many people on the team: 2
A futurist and innovator has built a business strategy consulting company with revenues of around $293k per month by helping companies increase revenues and patent portfolios, and generate employee engagement, using a set of tools, workshops, and coaching to move people from their comfort zones, with a highly structured process for lead generation that he considers a trade secret.
2. Freelance Cake ($240K/year)
In 2009, Austin L. Church started his freelance writing business after getting laid off. Over the years, he developed various creative services and eventually launched an online course called Freelance Cake, which aims to help freelancers and consultants make more money. The course launched in December and Austin plans to scale up sales from $1,000 to $3,000 per month.
How much money it makes: $240K/year
How many people on the team: 1
Learn how writer and brand strategist Austin L. Church accidentally started his own freelance writing business, and eventually launched his $1K/month business growth course, Freelance Cake, distilling a decade's worth of hard-earned insights on how to thrive as a freelancer or consultant.
3. Teacher Jade's Writing Academy ($144K/year)
Jade was working on her masters and she started a side hustle as a teacher to earn extra income. Soon, what started as a side job became her career path and led her to starting her online courses business.
How much money it makes: $144K/year
How much did it cost to start: $50
How many people on the team: 0
Teacher Jade's online academy and consulting services, which teach youth and adults how to offer online classes, resulted in a five-figure monthly income with increased enrollment through Outschool, leading to the creation of a second business and a plan to expand course offerings and salaries for her teachers.
4. Fem 'n STEM ($18K/year)
Whitney Bowen, a college student, came up with the idea for Fem 'n STEM during the COVID-19 pandemic when she realized the need for educational extracurricular activities for students at home. She created science-themed boxes that contain all the necessary materials to carry out four experiments, aiming to encourage kids to pursue their passions in the sciences. Despite being a college student, Whitney has already achieved $1.5k in monthly revenue and hopes to continue growing her business.
How much money it makes: $18K/year
How much did it cost to start: $2K
How many people on the team: 1
College student, Whitney Bowen, launched Fem 'n STEM during the COVID-19 lockdown selling STEM boxes for kids between the ages of 8-12 and has earned $1.5k in monthly revenue within the first month of launch using social media to advertise and using WIX to create an online store.
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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.