FREE Guide – turn these ideas into income and start earning today.
Sam Ovens
- Founder of Consulting.com
- $2.5 million consulting.com monthly revenue
How does Sam make money online?
Sam makes money online in a variety of ways, but since 2015-2016 it seems he mainly makes money from sales of his online courses and mastermind programs.
I’ve published an in-depth review of his most popular online course:
How much money does Sam make?
Per my research, it looks like Sam’s business was generating revenues of approximately $2.5 million per month through 2018 and 2019.
That works out to about $30 million per year.
Sam has reported that his profit margin is 50% to 60%, so his business profits would be about $15 million per year.
See here for more details on Sam’s net worth and income.
How did Sam get started?
I spent some time piecing together Sam’s backstory and posted all the details here.
In short, Sam’s first success as an entrepreneur was two-fold: he started a digital marketing consulting agency while also building a cloud service business called SnapInspect.
He started both businesses while still in his early 20’s and within two years they were apparently generating about $35,000 each in monthly revenue.
Sam later sold SnapInspect to focus on his consulting business.
He then evolved the consulting biz along these lines…
Starting out in the “done-for-you” stage, Sam notes that he used contractors rather than doing the work himself…
(You can access this lesson with the 7-day free trial. Full review here)
Per my research, Sam’s first consulting client was a window tinting business in New Zealand, paying him $1000 for website improvements.
Beyond that, my best guess is that Sam made pretty good money consulting for local businesses in New Zealand – probably in the range of $10-15k per month total – starting in 2012.
Then, by early 2013, he was already coaching others to do the same.
What type of online business does Sam have?
Sam runs a multifaceted online business.
According to our framework it can be broken down like this:
- Agency (Level 3)
Sam’s early done-for-you consulting business would fit here, since he outsourced much of the work. Nowadays he hires coaches to help students in his training programs. - Authority (Level 4)
Sam’s business success at a young age made him a sought-after expert in entrepreneurial circles. He’s amassed a big following online which he’s been able to monetize in various ways. - Digital Products (Level 4)
Sam seems to generate the majority of his income nowadays via sales of his online courses (ie. information products). - Cloud Service (Level 5)
Sam built (and later sold) a SaaS called SnapInspect. - Social Network (Level 5)
Sam’s online courses have a significant social component in the form of private Facebook groups.
Follow the links above for more info and examples for each type of business.