7 Test Prep Business Success Stories [2024]

Pat Walls

•

Updated: November 19th, 2023

Start A Test Prep Business

Parents often make their kids take test prep classes. This is because they don't know how to best prepare their kids for tests. This means that you might find yourself needing a business to help teach your kids in the most optimal way.

Whether you're a current student or a recent graduate, test prep can be an excellent way to earn income. Forty percent of USA students are predicted to need some form of tutoring or test preparation this year. Test prep businesses are on a mission to help students and companies succeed in the standardized test prep industry.

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

1. Achievable ($240K/year)

Tyler York, one of the founders of Achievable, came up with the idea for the test prep company after working with Cerego, a platform for lifelong learning that used spaced repetition. Recognizing the need for a more modern and user-friendly test prep experience for professionals, they launched Achievable to provide rich textbook content, reviews backed by a memory science algorithm, and full practice exams. Today, Achievable is experiencing rapid growth, with a focus on content marketing and affiliate partnerships to attract and retain customers.

How much they make: $240K/year
How much did it cost to start: $5K
Current team size: 3

How We Launched A $1K/Month FINRA SIE And FINRA Series 7 Test Prep Tool For Professionals

Achievable is a test prep company that provides rich textbook content, reviews backed by a memory science algorithm, and full practice exams to help students prepare for their exams, with a focus on career-advancing professional exams such as the FINRA SIE and FINRA Series 7.

About

Tyler started Achievable about 8 years ago

Revenue

Tyler grew the business to $20K/month

Costs

It cost Tyler $5000 to start the business

Read this case study

Read by 6,891 founders

Part of

Starting A Test Prep Business: Everything You Need To Know

‹

›

So... can you actually make money with a test prep 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:

Start Now

4. Testbook.com

Website traffic: 5.29M/month

5. keybr.com

Take typing test, practice typing lessons

Website traffic: 3.69M/month

So... can you actually make money with a test prep 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:

Start Now

7. IMS

India’s leading national coaching institute provides personalised counselling and preparation for MBA entrance tests like CAT, XAT, SNAP, NMAT, CET, etc in India and GMAT, GRE, SAT, TOEFL, IELTS for studying abroad. Our centers are present across India in Mumbai, Delhi, Bangalore, Chennai, Pune, Hyderabad, etc, and offer classroom, correspondence, online programs and test series to over 50,000 students every year. Our students get calls from top Indian institutes like IIM Ahmadabad, IIM Bangalore, IIM Calcutta, XLRI, MDI Gurgaon, SP Jain Institute of Management Research, etc. Through our consulting, our students get admission to top international institutes like Harvard, Stanford, Wharton, Tuck, Sloan, INSEAD, London Business School, HEC Paris, etc.

Where they're located: Dighalia, Dhaka Division, Bangladesh
Website traffic: 850K/month