Event Organizing Business

4 Event Organizing Business Success Stories [2024]

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Updated: July 23rd, 2024

Here's an idea for those who excel at bringing people together and crafting unforgettable experiences: an event organizing business. Simply put, this venture involves planning events - be they weddings, corporate conferences, or intimate family celebrations - down to the last, memorable detail.

It's the ideal line of work for individuals who have a knack for multitasking, negotiating, and curating aesthetic elements. With each event you plan, you not only construct a tangible experience but also create delighting memories for your clients.

An event organizing business does not necessitate an enormous initial investment. It does demand keen attention to detail, tireless energy, and a skill for juggling diverse tasks. And the payoff? The satisfaction of making dreams come true and the chance to shape unforgettable moments.

But while it is rewarding, this business is not for the faint-hearted. It requires a resilient spirit, ready to face unforeseen challenges around every corner. But fear not, these challenges are nothing but stepping stones paving your path to mastery in event management.

In this list, you'll find real-world event organizing business success stories and very profitable examples of starting a event organizing business that makes money.

1. Ancient Lore Village ($6M/year)

Tom Boyd, an experienced entrepreneur, came up with the idea for Boyd Hollow Resorts after witnessing intolerance and hatred during his son's campaign for governor. He decided to change the direction of his book and wrote about a place where people could live together in peace and happiness. To test this theory, he decided to build a village called Ancient Lore that would serve as a 5-star boutique resort and event center. The uniqueness of the village has garnered substantial press and early financial success, with over 200 inquiries for events before its official opening in January 2021. Boyd's goal is to build seven more villages over the next five years, with a projected combined income of $76 million.

How much money it makes: $6M/year
How much did it cost to start: $10M
How many people on the team: 3

Starting A 5 Star Boutique Resort And Event Center Based On A Fiction Book Lore

Boyd Hollow Resorts is launching a 5-star boutique resort and event center based on a fiction book that will be the first of many Villages to be built around the world, with over 200 event inquiries received before launching.

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2. 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 money it makes: $6M/year
How much did it cost to start: $1K
How many people on the team: 8

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.

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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 money it makes: $1.3M/year
How many people on the team: 6

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.

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4. SinOficina ($36K/year)

Chris's eight year old suggested him the idea of "food named states". A photo series based on this idea went viral on Instagram, and a couple years later, Chris started developing a Shopify store for t-shirts based on the same concept.

How much money it makes: $36K/year
How much did it cost to start: $0
How many people on the team: 0

How I Started A $3K/Month Online Coworking For Freelance And Entrepreneurs

SinOficina is an online coworking space for Spanish-speaking freelancers and entrepreneurs that generates $3,000 per month in revenue, which founder Bosco Soler built by sharing his journey with his audience, delegating tasks, collaborating with formidable people and using WordPress, Slack, Mailchimp, Airtable, Crowdcast, Zapier and Notion.

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