5 Mentoring Software Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Start A Mentoring Software

Here are some real life success stories of starting a mentoring software:

1. GrowthMentor ($120K/year)

Fotis Panagiotakopoulos came up with the idea for GrowthMentor after realizing that hiring freelancers for mini-consultations on Skype calls was a more efficient and productive way to learn and get feedback. He saw the potential to create a platform where marketers and founders could easily book mentorship sessions with experienced growth practitioners, and thus, GrowthMentor was born.

How much they make: $120K/year
Current team size: 1

How I Launched A $5K/Month Platform To Connect With Growth Mentors

GrowthMentor, a platform connecting vetted growth mentors for one-on-one calls, founded by Fotis Panagiotakopoulos, has had over 2,500 mentorship calls booked to date and has seen success in using word of mouth, content marketing, and leveraging other people's networks as the primary drivers of customer acquisition.

About

Foti started GrowthMentor over 5 years ago

Revenue

Foti grew the business to $10K/month

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2. MentorCruise ($480K/year)

Dominic Monn came up with the idea for MentorCruise while facing the challenge of finding a mentor during his own career development. He realized that mentorship was a major problem for many professionals, so he built a coaching marketplace where career professionals could turn their knowledge into a marketable coaching business and mentees could easily find a mentor. Despite the challenges of building the platform while balancing his studies and a full-time job, MentorCruise now makes around $24,000 per month in commissions and processes over $120,000 every month for its mentors.

How much they make: $480K/year
How much did it cost to start: $0
Current team size: 5

From Screwed MVP to an $8k MRR Bootstrapped Startup in 3 Years

How Dominic grew his mentorship marketplace for tech professionals from $700 to $7,800 MRR in just one year through bootstrapping.

About

Dominic started MentorCruise about 6 years ago

Revenue

Dominic grew the business to $40K/month

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Read by 555 founders

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3. MentorDial ($12K/year)

Naisa Scott, co-founder of MentorDial, came up with the idea for the platform after realizing the importance of having a mentor throughout his entrepreneurial journey. After selling his first company and seeing success with subsequent ventures, Naisa wanted to give back and help others by providing a platform where professionals and entrepreneurs could connect with top-level mentors in their industries. Since launching six months ago, MentorDial has helped thousands of entrepreneurs and professionals achieve their goals and continues to grow with over 1000 bookings per month.

How much they make: $12K/year
How much did it cost to start: $500
Current team size: 0

How We Built A Mentorship Platform That Has Helped Thousands Of Entrepreneurs And Professionals

MentorDial, a six-month-old platform connecting entrepreneurs with top-level professionals from leading companies globally, has helped thousands of entrepreneurs scale their businesses, raise money, and grow their team while landing jobs or growing their skills, with 1000 bookings per month, 150+ top mentors from companies like Amazon and Google, while bootstrapping business for now and soon transitioning to a freemium model to grow community.

About

Weina started MentorDial over 2 years ago

Revenue

Weina grew the business to $1K/month

Costs

It cost Weina $500 to start the business

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Read by 2,132 founders