3 Home Automation Business Success Stories [2024]
Home automation uses modern technologies like sensors, internet and automation control to create centrally controlled lighting, home security and HVAC services.
The home automation business targets homeowners in the upper-middle to upper class. You can market your services by partnering with home improvement businesses to gain market exposure. Create a social media presence and use the platforms to educate your target customers about the business.
Here are some real life success stories of starting a home automation business:
1. Konnected Inc. ($840K/year)
Nate Clark, founder of Konnected, came up with the idea for his business when he realized there was a need for a smart upgrade to traditional home security systems. After developing an open-source version and gaining popularity on GitHub, Nate received requests to build units for others, leading him to create a physical product that allows homeowners to monitor their security systems from their phones. With approximately 9,000 orders per year and $1,000,000 in sales, Konnected continues to develop and expand its line to meet increasing demand.
How much they make: $840K/year
Current team size: 4
Konnected founder Nate Clark shares how he developed an open-source solution to his own home security struggles, growing the business to generate an estimated $1 million in sales annually.
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings