8 Management Coaching Business Success Stories [2024]

Updated: November 19th, 2023
Start A Management Coaching Business

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

1. Product Focus ($1.8M/year)

Ian Lunn and his co-founder Andrew Dickenson started Product Focus after seeing a need for high-quality product management training. With their background in product management and marketing, they launched their first public course in 2006 and have since grown to become the European leaders in product management training. They have adapted their business model during the pandemic and continue to provide world-class training online. [Word count: 36 words]

How much they make: $1.8M/year
How much did it cost to start: $10K
Current team size: 5

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How We Created A $1.8M/Year Product Management Course

Product Focus has become the European leaders in product management training, running multiple courses every week and receiving over 20,000 subscribers for their resources in 2018, now providing both face-to-face and online training options after COVID forced them to pivot their business model.

About
Ian started Product Focus almost 18 years ago
Revenue
Ian grew the business to $150K/month
Costs
It cost Ian $10000 to start the business
Read by 3,472 founders

So... can you actually make money with a management coaching 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:

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2. Jennifer Dawn Coaching ($1.2M/year)

Jennifer Dawn, the founder of Jennifer Dawn Coaching, came up with the idea for her business after being burned by marketing companies in her own business and seeing it happen to her clients as well. She decided to vet out quality and reliable marketing professionals who know what they are doing and do the work. This led her to start her own coaching practice, digital marketing agency, and create the Best Planner Ever to support business owners in their growth journey.

How much they make: $1.2M/year
How much did it cost to start: $10K
Current team size: 10

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How I Built A 7-Figures Coaching Business [And Created The Best Planner Ever]

Jennifer Dawn, founder of Jennifer Dawn Coaching, grew her business from $50k to seven figures by expanding her offering to include a digital marketing agency, coaching academy and Best Planner Ever product, with a focus on customer retention through the use of digital marketing and a personalised service.

About
Jennifer started Jennifer Dawn Coaching over 9 years ago
Revenue
Jennifer grew the business to $100K/month
Costs
It cost Jennifer $10000 to start the business
Read by 1,699 founders

5. The Strategic Coach

Discover how you can grow your business exponentially with the leading company in business coaching for entrepreneurs.

Website traffic: 70K/month

article

So... can you actually make money with a management coaching 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. MANAGEMENT CONCEPTS

Where they're located: Washington, D.C., USA

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8. Product Focus

Product Focus is a global provider of product management courses in the UK, US and Europe. Public and Private courses available online and on-site.

How much they make: $1.8M/year
Where they're located: Cirencester, UK
How much did it cost to start: $10K
Current team size: 5

How We Created A $1.8M/Year Product Management Course

Product Focus has become the European leaders in product management training, running multiple courses every week and receiving over 20,000 subscribers for their resources in 2018, now providing both face-to-face and online training options after COVID forced them to pivot their business model.

About
Ian started Product Focus almost 18 years ago
Revenue
Ian grew the business to $150K/month
Costs
It cost Ian $10000 to start the business
Read by 3,472 founders