8 Gps Monitoring Business Success Stories [2024]

Updated: November 19th, 2023
Start A Gps Monitoring Business

Here are some real life success stories of starting a GPS monitoring business:

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 they make: $6M/year
Current team size: 54

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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.

About
Jared started Hubstaff almost 11 years ago
Revenue
Jared grew the business to $500K/month
Read by 6,530 founders

2. Monapp Calabs ltd ($300K/year)

Andrei developed Spapp Monitoring, an Android tracking app, as a side project while working as a web developer. After realizing its potential and the demand for tracking apps, he started working on it full-time in 2014. With around 2000 downloads per day at its peak, Spapp Monitoring became a profitable business that attracts users through SEO optimization and app store listings.

How much they make: $300K/year
How much did it cost to start: $5K
Current team size: 2

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I Built An Android Tracking App That Makes $300K/Year [From Cyprus]

Spapp Monitoring is an Android tracking app for parents and employers, started as a side project and now making $300k a year through organic traffic from Google Play and the company's website.

About
Andrei started Monapp Calabs ltd about 11 years ago
Revenue
Andrei grew the business to $25K/month
Costs
It cost Andrei $5000 to start the business
Read by 3,133 founders

So... can you actually make money with a GPS monitoring business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. EzineArticles

EzineArticles is a website that allows entrepreneurs to publish their articles on various topics. It generates revenue through advertising and subscriptions. It serves a wide range of customers looking for informative content. The site was founded by Christopher Knight. They have a team of employees who curate and manage the content on the site.

Where they're located: Nashville, Tennessee, USA
Website traffic: 1.05M/month

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5. Hubstaff

Simple yet powerful employee work tracker with screenshots, timesheets, billing, in-depth reports, and more. Understand productivity issues and act on them.

How much they make: $6M/year
Where they're located: Indianapolis, Indiana, USA
Current team size: 54
Website traffic: 2.64M/month

article

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.

About
Jared started Hubstaff almost 11 years ago
Revenue
Jared grew the business to $500K/month
Read by 6,530 founders

So... can you actually make money with a GPS monitoring business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. Fleet Management Software and Solutions

Our GPS fleet management software can help your business reduce fuel costs, improve productivity and customer service. Learn more about how our easy to use dashboards can help you monitor vehicle and driver performance, organize your fieldworkers with online job management, dispatch, invoicing and more.

Where they're located: Plano, Texas, USA
Website traffic: 270K/month

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