Goal Tracking App Business

Goal Tracking App Business Success Stories [2024]

Pat Walls

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Updated: October 9th, 2024

There's a powerful incentive in tracking and achieving goals, but many people struggle with keeping momentum. Enter the goal tracking app business. This software solution helps users set, monitor, and reach their personal and professional objectives.

By creating a user-friendly app, integrated with features like reminders, progress analytics, and community support, you provide a toolkit for success. The beauty of this idea is its widespread appeal; from students to professionals, everyone has goals they're striving to meet.

Building this business involves research, understanding user needs, and continuous improvement based on feedback. The app market is competitive, but with a well-designed, intuitive platform, you stand out. Imagine fostering a community of achievers and turning abstract objectives into met milestones—this is the crux of the goal tracking app business.

In this list, you'll find real-world goal tracking app business success stories and very profitable examples of starting a goal tracking app business that makes money.

1. Hubstaff ($6M/year)

Jared Brown, co-founder of Hubstaff, came up with the idea for the time tracking tool while addressing the issue of non-developer owners and managers not knowing how long development tasks should take. Realizing that there were very few software tools providing proof of work for freelancers, he saw a strong need for his product and started building a solution. Now, Hubstaff has grown to 10,000 paying customers and $6 million in annual recurring revenue.

How much money it makes: $6M/year
How many people on the team: 54

How We Grew Our Time Tracking App To 10,000 Paying Customers

Hubstaff grew its time tracking app to 10,000 paying customers and $6 million in annual recurring revenue by solving a real problem in the market without any big incumbents, using SEO tactics and a differentiated product with proof of work features that answered the need for owners and managers to know how long development tasks should take, manage back-office tasks, and track remote team or freelancers' work.

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