11 Event Management Company Success Stories [2024]

Updated: February 26th, 2024
Start An Event Management Company

Do you have a basic understanding of events, possess great communication skills, and aren’t afraid to talk to C-suite executives, event attendees, donors, brand sponsors, and vendors?

Event management is a profession that is growing rapidly. Experts estimate that the event management and planning industry will experience a growth rate of 10% in a few years.

You can use your skills and passion by starting an event management company. Event management is not only an exciting career, but it is also a profitable business opportunity, with endless opportunities, you can focus on social and entertainment events, and corporate events, or become a general event management company.

Here are some real life success stories of starting a event management company:

1. Spacehuntr ($600K/year)

Dietrich, a retired investment manager, came up with the idea for Spacehuntr after experiencing the dread of traditional corporate meetings. Initially focused on coworking spaces, a pivotal moment came when they helped a lost client find a unique venue in Brussels. They realized they could specialize in helping foreign clients find unique spaces for international events, leading to a spike in demand and steady growth.

How much they make: $600K/year
How much did it cost to start: $10K
Current team size: 10

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How We Successfully Pivoted Our App For Coworking Spaces To A $50K/Month Platform To Book Event Venues

Spacehuntr achieved a +700% growth in 2019 with revenues, despite the global pandemic, on track to match that growth in 2020, by launching a 360° platform for businesses to book and manage unique Work, Play & Stay spaces, catering to international corporations such as Airbnb, Netflix, and Uber.

About
Dietrich started Spacehuntr about 6 years ago
Revenue
Dietrich grew the business to $50K/month
Costs
It cost Dietrich $10000 to start the business
Read by 8,455 founders

2. Interactive Entertainment Group ($4.8M/year)

Gregg Dukofsky, the founder of Interactive Entertainment Group, came up with the idea for his business after his friends visited his recording studio and had fun creating their own music video. This inspired him to launch his first product, Super F/X Music Videos, which was a hit at a local amusement park. Since then, Dukofsky has expanded his inventory to include hundreds of unique entertainment products, resulting in the growth of his business to include corporate events and prestigious clients.

How much they make: $4.8M/year
How much did it cost to start: $27.4K
Current team size: 12

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How I Started an Award Winning Event Production Company

From a booth at a flea market to a 400k/month revenue generator, learn how this event production company pivoted to focus on corporate events, garnered top private companies recognition by Inc., and reinvented itself through virtual offerings in response to the COVID-19 pandemic.

About
Gregg started Interactive Entertainment Group about 35 years ago
Revenue
Gregg grew the business to $400K/month
Costs
It cost Gregg $27400 to start the business
Read by 7,022 founders

So... can you actually make money with a event management company?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

3. Entire Productions ($1.3M/year)

Natasha Miller came up with the idea for Entire Productions when she was double and triple booked for private parties as a performer. Instead of turning down the gigs, she offered to bring in other talented performers and manage the whole process, unknowingly creating a mini empire. With a focus on experience design, Entire Productions has now grown into a fast-growing event and entertainment production company, primarily serving corporate clients in tech and pharma.

How much they make: $1.3M/year
Current team size: 6

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How Natasha Miller Started A $4M Event Management Company

Entire Productions is a fast-growing event and entertainment production company with an emphasis on experience design, primarily working with corporate clients including many Fortune 500 companies in the tech and pharma industries, boasting a growth of 148% and a goal of reaching $20M annual mark.

About
Natasha started Entire Productions about 23 years ago
Revenue
Natasha grew the business to $108K/month
Read by 7,645 founders

4. VIPER by KCH ($480K/year)

Celeste Durve and Kelsi Kitchener came up with the idea for VIPER after working as interns and freelance production assistants in the nightlife industry. Frustrated by the lack of organization and management at events, they decided to create a "side hustle" where they could handle guest check-in and bring their friends along to help. Their idea quickly grew into a successful business, and today, VIPER is valued at over a million dollars with a team of 26 and a strong client list.

How much they make: $480K/year
Current team size: 0

article

This All-Female Entrepreneur Team Is Redefining Los Angeles Nightlife

VIPER, an all-female event operations team, was self-funded by two young entrepreneurs and is now valued at over a million dollars thanks to sales, strong branding, and a list of clients including Travis Scott, Kanye West and politicians, with plans for future expansion into tech, experiential space, and real estate.

About
Celeste started VIPER by KCH about 7 years ago
Revenue
Celeste grew the business to $40K/month
Read by 5,496 founders

So... can you actually make money with a event management company?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

5. EventBookings ($120K/year)

Mark Thomas, the founder of EventBookings, came up with the idea after witnessing the difficulties event organizers face in hosting events for universities worldwide during his career in the educational photography industry. He realized the need for a platform that could help event organizers remain organized throughout the chaos of event planning. With EventBookings, he created an all-in-one event technology platform that makes it effortless to sell event tickets online. Since its launch, EventBookings has hosted over 10,000 events and attracted 1,500 event organizers worldwide.

How much they make: $120K/year
How much did it cost to start: $60K
Current team size: 25

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How I Built A $120K/Year Event Booking Platform

EventBookings is an all-in-one event technology platform that helps event organizers remain organized throughout the chaos of event planning and is now running the business with 25 employees and is currently on track to reach their next revenue target of $1M.

About
Mark started EventBookings almost 7 years ago
Revenue
Mark grew the business to $10K/month
Costs
It cost Mark $60000 to start the business
Read by 3,412 founders

So... can you actually make money with a event management company?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

6. Entrepreneur Power Hour ($12K/year)

Bobby Housel, founder of Entrepreneur Power Hour, came up with the idea for his business during his sophomore year at the University of Michigan. After realizing that the world of college entrepreneurship was fragmented and lacking in community, he started hosting meetups for student entrepreneurs, which quickly grew to over 300 founders. Through word of mouth and a successful appearance on a popular entrepreneurship podcast, the business launched organically and has since been focused on building a strong community for college founders.

How much they make: $12K/year
How much did it cost to start: $0
Current team size: 4

article

How We Are Changing The Way College Entrepreneurship Works Through Our Community

Learn about how Entrepreneur Power Hour grew to over 300 student founders across two college campus communities and their plan to expand nationwide and empower alumni to invest in the next generation of college founders through their syndicate fund, Founder's Cupid.

About
Bobby started Entrepreneur Power Hour over 2 years ago
Revenue
Bobby grew the business to $1K/month
Read by 969 founders

7. Ticket Tailor ($6M/year)

Jonny, the founder and CEO of Ticket Tailor, came up with the idea for his ticketing platform while studying software engineering at Birmingham University in 2005. As a music fan, he wanted to create a website called "What's on in Brum?" to showcase local events. Through his experience building ticketing systems for clients and the frustration with high fees and data sharing from ticketing agencies, he saw an opportunity to create a scalable software product that would make ticketing more affordable and convenient for event creators.

How much they make: $6M/year
How much did it cost to start: $1K
Current team size: 8

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How I Started a $150K/Month Ticketing Platform That Sells More Than 5 Million Tickets A Year Worldwide

A successful ticketing platform that grew from a side project into a business that issues over 5 million tickets annually, using a combination of cold calling, word of mouth, and partnerships to attract and retain customers while navigating the challenges of COVID-19.

About
Jonny started Ticket Tailor over 13 years ago
Revenue
Jonny grew the business to $500K/month
Costs
It cost Jonny $1000 to start the business
Read by 10,157 founders