6 Business & Finance News Success Stories [2024]
Business & finance news keeps the world turning. Imagine having a platform where you deliver the most current and impactful business and finance updates to your audience.
This business idea focuses on creating a dedicated news outlet specializing in the world of business and finance. You will need to curate and produce content that informs your audience about market trends, financial tips, and expert analysis. A reliable source of actionable insights, your platform will help readers make informed business decisions.
To build interest, consider the rising demand for timely and trustworthy news amid an ever-changing economic landscape. People want reliable, bite-sized information on the go, and here lies your opportunity. Whether you're focusing on digital articles, podcasts, or videos, being at the forefront of business journalism can set you apart.
Starting this venture requires dedication, research, and excellent content creation skills. With consistency and quality, you can establish a respected name in the industry.
In this list, you'll find real-world business & finance news success stories and very profitable examples of starting a business & finance news that makes money.
1. Financial Samurai ($360K/year)
Sam started a personal finance website during the 2009 economic crisis. An advertiser offered him $1,000 to advertise on his blog, which he saw as an opportunity to focus on his financial advisory blog.
How much money it makes: $360K/year
How many people on the team: 0
Financial Samurai founder, Sam Dogen, shares how he turned his cathartic writing hobby into a personal finance site that generates over $10K a month in passive advertising revenue and has over 1 million organic visitors a month, as well as his tips on starting and growing a business, and diversifying clientele.
2. Money Geek ($120K/year)
Michael, a former personal finance professional, started Money Geek after a marketing company convinced him to blog for client recruitment. Dissatisfied with their content, he took over and saw the blog skyrocket to 250k monthly page views within nine months, ultimately generating over $10k a month.
How much money it makes: $120K/year
How much did it cost to start: $2.5K
How many people on the team: 0
Your Money Geek blog grew rapidly to over 250k monthly page views in nine months, leading to the creation of a white-glove, paid mastermind program to help site owners drive traffic and revenue for their own blogs.
3. The Modest Wallet ($102K/year)
Ricardo Pina, an engineer, started The Modest Wallet after feeling frustrated with financial advisors who didn't provide access to the best financial products. He wanted to share his knowledge and help others achieve their financial goals, leading him to create a personal finance blog. Through hard work and an SEO strategy, The Modest Wallet has seen success, bringing in an average of $8,500 per month in revenue after almost two years in business.
How much money it makes: $102K/year
How much did it cost to start: $1.5K
How many people on the team: 0
The Modest Wallet is a personal finance website founded by Ricardo Pina that generates an average of $8,500 a month in revenue by using an affiliate commission revenue model, with a strong emphasis on SEO to drive website traffic.
4. BowTied Opossum ($72K/year)
BowTiedOpossum is a paid Substack newsletter that provides actionable advice on running digital businesses, helping aspiring entrepreneurs navigate the industry with real-world experience and insights.
Opossum, the founder of BowTiedOpossum, initially started as an anonymous Twitter account providing actionable advice on eCommerce. After gaining a following, he decided to monetize his expertise by launching a paid newsletter on Substack. Within 9 months, he grew the newsletter to $3k in monthly revenue and plans to focus on organic search and link building for future growth.
How much money it makes: $72K/year
How much did it cost to start: $0
How many people on the team: 0
BowTiedOpossum founder shares how he grew his anonymous paid newsletter to $3k per month in 9 months using Twitter as his main acquisition strategy.
5. Konto-Kredit-Vergleich.de ($24K/year)
Sascha, a mechanical engineer with a passion for finance, started Konto-Kredit-Vergleich.de, a German finance blog specializing in loans, banking accounts, and car leasing. After struggling to gain traction for 18 months, Sascha had a breakthrough when he published an article during the beginning of the COVID-19 crisis, which led to a significant increase in daily readers. Today, the blog generates a monthly income of over $2,000 USD.
How much money it makes: $24K/year
How much did it cost to start: $0
How many people on the team: 0
German finance blog founder Sascha shares how he turned his website into a monthly 2,000 USD income with minimal social media and no ads, by creating high-quality content that solves real-world problems for readers in areas like loans, banking accounts and car leasing, and leveraging affiliate marketing.
6. HoneyCoin ($12K/year)
David Nandwa founded HoneyCoin after experiencing frustration with payment platforms that were expensive, had restrictions for young people, and had unfriendly user experiences. He also saw the potential for independent creators in Africa to make significant earnings and wanted to create a platform that catered to their needs. HoneyCoin is now profitable and will be raising capital to handle increased demand after its public launch.
How much money it makes: $12K/year
How much did it cost to start: $150
How many people on the team: 0
HoneyCoin is a payments app that helps creators and internet businesses monetize their audiences by managing cash and cryptocurrency all in one place, which processes an average of $10k per month in revenue and has onboarded 504 people.
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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.
