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 Moens (from Brussel, België) started Spacehuntr over 4 years ago.
Hi, I’m Dietrich, a retired investment manager and co-founder of Spacehuntr. Spacehuntr is a fully integrated 360° platform that enables businesses to book and manage unique Work, Play & Stay spaces for corporate events in one easy to use platform that acts as a digital event planner.
In 2019, revenues grew +700% and we are, despite the global pandemic, on track to match this growth in terms of international expansion in 2020.
2. Interactive Entertainment Group ($4.8M/year)
Gregg Dukofsky (from Hauppauge, NY, USA) started Interactive Entertainment Group almost 34 years ago.
I am Gregg Dukofsky and I’m the visionary and founder at Interactive Entertainment Group, an event production company. I started my business in 1988 with one idea, and since then have grown my business to include hundreds of unique products ranging from sports simulators to virtual reality to giant games. Some of our most popular offerings include a Giant Human Claw, Augmented Reality Gaming Wall, Virtual Graffiti Wall, VR Soar, and Urban Hoops.
In 2008 when the stock market crashed, disposable income became significantly limited. To recession-proof my business, my team pivoted to focus on corporate events rather than private ones. More specifically, the bulk of my business transitioned to activations involving team building, product launches, experiential marketing, trade show traffic building, brand initiatives, and holiday parties. To paint a picture of our growth, we have ranked in Inc. 5000s fastest-growing private companies three years in a row in 2018, 2019, and 2020.
3. Entire Productions ($1.3M/year)
Natasha Miller (from San Francisco, California, USA) started Entire Productions over 21 years ago.
I’m Natasha Miller- raised in Des Moines, Iowa but high-tailed it out of there as soon as I could at the age of 23. I thought I’d be a performer only - a classical violinist and jazz vocalist, but as it turns out those careers might have been the catalyst for where I am today.
- Inc. 5,000 Fastest Growing Companies in America
- Entrepreneur Magazine 360 List “Best Entrepreneurial Companies in America”
- San Francisco Business Times Fast 100 “Fastest Growing Companies in the San Francisco Bay Area”
- Special Event Top 50 Event Planners in the World
4. VIPER by KCH ($480K/year)
Celeste Durve (from Los Angeles, California, USA) started VIPER by KCH over 5 years ago.
We are Celeste Durve and Kelsi Kitchener and we started VIPER (VIP Event Relations) in 2016 under our parent company The KCH Group. KCH is a branded house for our future ventures, meaning its the parent company behind our other ventures. Each company is selling something slightly different but they share clients and have similar market positions.
Us and some of our VIPER Girls for the Treats Magazine Halloween Party.
Hey! 👋I'm Pat Walls, the founder of Starter Story.
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