Test Prep Business Success Stories [2024]
Parents often make their kids take test prep classes. This is because they don't know how to best prepare their kids for tests. This means that you might find yourself needing a business to help teach your kids in the most optimal way.
Whether you're a current student or a recent graduate, test prep can be an excellent way to earn income. Forty percent of USA students are predicted to need some form of tutoring or test preparation this year. Test prep businesses are on a mission to help students and companies succeed in the standardized test prep industry.
In this list, you'll find real-world test prep business success stories and very profitable examples of starting a test prep business that makes money.
1. Achievable ($240K/year)
Tyler York, one of the founders of Achievable, came up with the idea for the test prep company after working with Cerego, a platform for lifelong learning that used spaced repetition. Recognizing the need for a more modern and user-friendly test prep experience for professionals, they launched Achievable to provide rich textbook content, reviews backed by a memory science algorithm, and full practice exams. Today, Achievable is experiencing rapid growth, with a focus on content marketing and affiliate partnerships to attract and retain customers.
How much money it makes: $240K/year
How much did it cost to start: $5K
How many people on the team: 3
Achievable is a test prep company that provides rich textbook content, reviews backed by a memory science algorithm, and full practice exams to help students prepare for their exams, with a focus on career-advancing professional exams such as the FINRA SIE and FINRA Series 7.
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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.