7 Team Building Consulting Business Success Stories [2024]
All organizations aim to achieve the best results possible. Two crucial factors affecting employee productivity in any organization are employee input and coordination. Team building activities help employees develop better coordination.
Therefore, companies hire team-building specialists to help their employees foster better coordination. Team-building companies organize retreats and corporate training services to provide employees with memorable and impactful team-building experiences.
If you are interested in starting a business within the human resource industry, a team-building company can be a profitable business idea. Identify potential companies within your area and advertise your business.
Here are some real life success stories of starting a team-building consulting business:
1. Cain Consulting, Inc. ($180K/year)
Dave, the founder of Cain Consulting, Inc., came up with the idea for his leadership coaching business after realizing the lack of formal training and education in leadership. With over 30 years of leadership experience in various industries, he saw the impact that coaching had on his own development and wanted to help others become effective leaders. Since starting in 2010, the business has been profitable and Dave is adapting to the changing landscape by offering virtual coaching through platforms like Zoom and MS Teams.
How much they make: $180K/year
How much did it cost to start: $2.5K
Current team size: 1
This case study details how a veteran-owned leadership consulting company was started with one main coaching offer, which has now expanded to include video series, corporate training modules, and custom requests from clients, generating a profit and aiming to make leadership a more diverse and inclusive practice worldwide.
2. Standuply ($1.2M/year)
How much they make: $1.2M/year
Current team size:
Learn how Standuply gained 750 signups after being featured on the Slack App Directory with their Slack bot designed to run standup meetings and team surveys.
So... can you actually make money with a team-building consulting business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
3. Glean ($25.3M/year)
How much they make: $25.3M/year
Current team size: 170
Glean's founder saw a need for an intuitive work assistant that provides search solutions to teams, which led to the creation of the company, while successful co-founding of Rubrik achieved $600M revenue in fiscal year 2020.
So... can you actually make money with a team-building consulting business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
4. Karma ($492K/year)
How much they make: $492K/year
Current team size:
Karma Bot, the Slack tool designed for tracking team performance and rewards, increased their monthly profits from $14k to $35k thanks to Microsoft and Slack's 500 new monthly trials and their 3% monthly churn rate.
- 4,818 founder case studies
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
