8 Family Business Success Stories [2024]

Updated: November 19th, 2023
Start A Family Business

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

1. Blindster ($36M/year)

Kyle Cox, Founder and CEO of Blindster, came up with the idea for his business after purchasing blinds for his new home and realizing that the existing online shopping experience was lacking. He saw an opportunity to create a true eCommerce experience for custom window treatments and provide exceptional customer service. With $50k in initial start-up costs, Blindster launched in 2010 and has since achieved tremendous growth, with record sales of $39MM in 2020.

How much they make: $36M/year
How much did it cost to start: $50K
Current team size: 30

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I Built A $36M/Year eCommerce Selling Window Blinds

Blindster, a leading custom window treatment eCommerce retailer, achieved record sales of $39MM in 2020, experiencing a 60% increase over 2019, by focusing on over-the-top customer service with a six-week training program for customer service reps and a Fit-or-Free guarantee, among other marketing tactics.

About
Kyle started Blindster over 13 years ago
Revenue
Kyle grew the business to $3M/month
Costs
It cost Kyle $50000 to start the business
Read by 8,769 founders

2. Innovation Plumbing ($480K/year)

Innovation Plumbing, founded in 1991 by Bill Tomasetti, started as a subcontractor for restoration contractors and has since evolved into a trusted plumbing expert for insurance carriers. With their expertise in leak detection and adoption of cutting-edge technologies, they have built a devoted list of repeat customers. The company aims to expand its operations across California and eventually nationwide while maintaining the feel of a small family business.

How much they make: $480K/year
How much did it cost to start: $7K
Current team size: 1

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I Run A Family Plumbing Business That Makes $40K/Month

A second-generation family-owned plumbing and leak detection business shares their success in obtaining repeat business through word of mouth referrals, staying true to their core principles, and using cutting-edge technology to provide top-notch service to clients.

About
Andrew started Innovation Plumbing about 33 years ago
Revenue
Andrew grew the business to $40K/month
Costs
It cost Andrew $7000 to start the business
Read by 3,236 founders

So... can you actually make money with a family business?

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

4. Family Business

Family Business

TOMA DIRECTA: What`s goin´on, released 28 February 2013

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5. Home

Meeting the Unique Challenges of the Family Business for 25 Years The Family Business Program helps family businesses adapt and thrive in today’s rapidly changing economic and business climate. Through business and family-systems programming, we help you prepare and propel your business through ...

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So... can you actually make money with a family business?

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

7. NMIMS

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