7 Social Media Management Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Social Media Management Business

Similar to virtual assistants, social media managers offer various services, including but not limited to:

Developing a marketing strategy based on clients’ goals
Setting up social media accounts
Posting on behalf of their clients
Coming up with strategies for increasing client’s social media following
Marketing analysis.

To become a social media manager, know the various platforms and understand how they work so you can develop strategies that help clients reach their goals.

The beauty of working as a social media manager is that you can define your work schedule and choose what niches to work on.

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

In her previous career as a social media manager, Amanda Shepherd developed a strong reputation in her niche and realized there was a gap in the market for aspiring social media managers who needed guidance on starting their own businesses. After conducting extensive market research, Amanda created the Social Media Manager Society, offering a program that teaches women how to run successful social media businesses. In just one year, she made nearly $100,000 while working an average of four hours per day, and continues to attract new students to her program.

How much they make: $240K/year
How much did it cost to start: $0
Current team size: 1

How I Started A $7.5K/Month Social Media Consulting And Training Business

A social media manager turned entrepreneur created a program that has brought in almost $100,000 in one year, designed to teach women how to run successful social media businesses in less than 30 days.

About

Amanda started Social Media Manager Society over 3 years ago

Revenue

Amanda grew the business to $20K/month

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2. Kontentino ($2M/year)

How much they make: $2M/year
How much did it cost to start: $3
Current team size: 45

How we bootstrapped to $2m ARR, $800k in Profits, and what we plan to do with extra cash

Kontentino is a human-friendly social media tool used by 6,000+ ad agencies and brands worldwide with 10% MRR from enterprise clients and a fast-growing customer base in Central Europe through word of mouth, aiming to increase revenue per acquisition to $350 per month and reach $15 million in the next two years.

About

Bohumil started Kontentino about 8 years ago

Revenue

Bohumil grew the business to $167K/month

Costs

It cost Bohumil $3 to start the business

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