16 Business Growth Services Success Stories [2024]
Here are some real life success stories of starting a business growth services:
1. MicroConf ($420K/year)
Besides bootstrapping and selling multiple startups, most recently an email service provider named Drip, Rob has been creating content about startup since 2005. A blog, a podcast, a book,... and a community seemed like a natural next step.
How much they make: $420K/year
Current team size: 2
MicroConf co-founder establishes largest community for bootstrapped founders with over 24 in-person events and thriving online presence.
Learn more about starting a business growth services:
Where to start?
-> How much does it cost to start a business growth services?
-> Pros and cons of a business growth services
Need inspiration?
-> Examples of established business growth services
-> Marketing ideas for a business growth services
Other resources
2. GrowthMentor ($120K/year)
Fotis Panagiotakopoulos came up with the idea for GrowthMentor after realizing that hiring freelancers for mini-consultations on Skype calls was a more efficient and productive way to learn and get feedback. He saw the potential to create a platform where marketers and founders could easily book mentorship sessions with experienced growth practitioners, and thus, GrowthMentor was born.
How much they make: $120K/year
Current team size: 1
GrowthMentor, a platform connecting vetted growth mentors for one-on-one calls, founded by Fotis Panagiotakopoulos, has had over 2,500 mentorship calls booked to date and has seen success in using word of mouth, content marketing, and leveraging other people's networks as the primary drivers of customer acquisition.
3. SupportNinja ($16.8M/year)
Cody started SupportNinja after facing numerous failures and obstacles in his life. He had a passion for building businesses and saw an opportunity to provide outsourcing services specifically targeted towards startups. With a focus on recruitment, training, and quality assurance, SupportNinja quickly grew to generate over $9M in annual recurring revenue and achieve a growth rate of 3,684% in the past 3 years.
How much they make: $16.8M/year
How much did it cost to start: $400K
Current team size: 1021
This case study follows the founder of SupportNinja, a company that specializes in providing back-office and customer support outsourcing for tech companies, which generates over $9M ARR, has over 100 clients, and has seen a growth rate of 3,684% in the past 3 years.
4. Thornton & Lowe ($2.16M/year)
At the age of 23, Dave Thornton founded Thornton & Lowe, a bid writing and management consultancy. After gaining experience in the housing industry and realizing the need for smaller businesses to improve their bid skills, Thornton decided to start his own company. Now, 10 years later, Thornton & Lowe has helped clients win billions of contracts and has achieved impressive milestones such as sales of over $130,000 per month and a win rate of over 75% on tenders.
How much they make: $2.16M/year
How much did it cost to start: $250
Current team size: 28
Learn how a UK-based bid writing and management consultancy grew to sales over $130,000 per month by focusing on their niche market and providing exceptional customer service to clients ranging from startups to multinationals.
5. Mylance ($216K/year)
Bradley Jacobs, founder of Mylance, came up with the idea for his business after experiencing the freedom and financial success of working as an independent consultant. He saw a growing market of individuals who wanted to monetize their expertise and work flexibly, so he started Mylance to provide a comprehensive platform for self-employed professionals. Through organic social media marketing and customer word of mouth, Mylance has attracted and retained customers, growing to $40k/month in revenue.
How much they make: $216K/year
How much did it cost to start: $10K
Current team size: 0
Mylance, founded by Bradley Jacobs, is an end-to-end software platform for self-employed individuals and independent consultants, growing to ~$40k/month in revenue with 3 main value-adds: actionable guides, a vetted community, and lead generation software.
6. Graham Cochrane ($1.92M/year)
How much they make: $1.92M/year
Current team size:
This case study showcases a young entrepreneur who went from losing his nine-to-five job to earning $120,000 per month in passive income in just six months by teaching people how to generate money from their hobbies through online courses and coaching programs.
7. Glean ($25.3M/year)
How much they make: $25.3M/year
Current team size: 170
Glean's founder saw a need for an intuitive work assistant that provides search solutions to teams, which led to the creation of the company, while successful co-founding of Rubrik achieved $600M revenue in fiscal year 2020.
8. ProfitWell ($22M/year)
How much they make: $22M/year
Current team size: 85
Find out how ProfitWell, the SaaS platform specializing in marketing analytics, saas metrics and positioning, achieved over $22M in annual revenue and was recently acquired by Paddle for $200M in cash and equity, with over 30,000 companies using its products, including Canva and Autodesk.
9. 2X ($420K/year)
How much they make: $420K/year
Current team size: 15
Learn how Founder and CEO Austin Netzley's coaching programs have helped clients generate more than $172 million in less than two years by providing training, accountability, and hands-on coaching to reach full business potential and drive greater impact and income.
10. Attest ($6.6M/year)
How much they make: $6.6M/year
Current team size: 173
How Jeremy King turned a $650K fundraising effort into a $100M+ business with Attest, a fast-scaling SaaS technology platform offering top-level accuracy & speed to over 125 million customers across 58 countries worldwide.
11. Justin Welsh ($2.1M/year)
After handling loads of stress as an SVP of sales, Justin decided to step down from his job and start a consulting business. He started creating digital content from there on, and have been moving forward ever since, releasing courses, building a massive following, and double down on his solopreneurship efforts.
How much they make: $2.1M/year
How much did it cost to start: $20K
Current team size: 0
Solopreneur Justin Welsh built a knowledge business through social media with over $2M in annual revenue and no full-time employees, offering flagship digital courses with a monthly revenue of $80K and $45K respectively, through LinkedIn and Twitter growth as well as organic and affiliate marketing.
12. Leadpages ($18M/year)
How much they make: $18M/year
Current team size: 47
Leadpages, a simple conversion tool company, grew into an 8-figure SaaS business in just over three years, attracting $38 million in venture financing, ultimately resulting in an annual revenue of $18m.
13. ReferBox ($12K/year)
How much they make: $12K/year
Current team size: 1
ReferBox utilized referral marketing, incentives such as discounts and rewards for customers, social media platforms, email marketing campaigns, free trial, SEO and PPC to increase search engine visibility and website traffic.
14. Cognism ($25M/year)
How much they make: $25M/year
Current team size: 401
Cognism, an international B2B sales intelligence provider, recently received an impressive $87.5 million investment and furthered their growth in March 2022 by acquiring French LinkedIn sales automation software company Kaspr.io, with a focus on development through complementary partnerships, hiring international freelancers, targeted marketing and expansion into new global markets.
Join our free weekly newsletter and get them right now.
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
