5 Business Review Service Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Start A Business Review Service

Here are some real life success stories of starting a business review service:

1. Nextiva ($120M/year)

Nextiva was founded by CEO Tomas Gorny after experiencing inefficiencies in the business communication market. He wanted to create a company focused on innovation and delivering the best customer experience, which led to the development of NextOS and the expansion of Nextiva's services beyond business phone services. Despite being surrounded by industry giants, Nextiva differentiated itself through its self-funding approach, commitment to Amazing Service, and focus on building a positive company culture.

How much they make: $120M/year
Current team size: 1000

How We Developed A $10MM/Month Business Communications Software

Nextiva, an Arizona-based business communications company, has developed an all-in-one platform called NextOS, which offers CRM tools, team collaboration tools, and business communication tools, resulting in a significant shift in its business model, and has grown from just a few employees to over 1,000 spread around the world, entirely self-funded, and focused on providing amazing service to its customers.

About

Yaniv started Nextiva almost 16 years ago

Revenue

Yaniv grew the business to $10M/month

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2. ReputationStacker ($3.6M/year)

Ian, the founder of ReputationStacker, came up with the idea for his business while working in advertising and marketing for retail healthcare businesses. He realized that online reviews were becoming increasingly important, but the manual process of requesting reviews from customers was time-consuming and often neglected. Inspired by the success of his email outreach strategy for getting reviews, Ian quit his job and built a software solution that automates the process, helping businesses consistently generate positive reviews and manage their online reputation.

How much they make: $3.6M/year
How much did it cost to start: $30K
Current team size: 5

I Bootstrapped A $3.6M/Year Online Review Software In 180 Days

ReputationStacker is a subscription software that simplifies and automates the process of getting more online reviews, helping businesses to manage their online reputation and grow their customer base; currently generating over $300k monthly revenue with low churn rates and a strong customer support team.

About

Ian started ReputationStacker over 8 years ago

Revenue

Ian grew the business to $300K/month

Costs

It cost Ian $30000 to start the business

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Read by 5,258 founders

So... can you actually make money with a business review service?

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