7 Home Security System Success Stories [2024]
Home security systems are an effective way to deter criminal activities and safeguard valuable possessions.
Homeowners opt for high-quality security systems to monitor their homes remotely, while also enjoying the added benefit of lower insurance premiums, up to 20%.
Starting a home security systems business can be a profitable venture, especially as more homeowners prioritize safeguarding their investments.
To start, you can partner with a home security systems manufacturer as a distributor or technical expert. Alternatively, you can create your own line of security systems from scratch.
To become a successful business owner in the home security industry, it’s important to have a basic understanding of technology and electrical systems.
This knowledge will enable you to install the systems correctly and earn recommendations from satisfied customers.
Here are some real life success stories of starting a home security system:
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.
So... can you actually make money with a home security system?
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:
So... can you actually make money with a home security system?
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:
5. Ajax Systems
Ajax alarm system — The most awarded wireless security system in Europe
Where they're located: Prasat Balangk, Kampong Thom, Cambodia
Website traffic: 320K/month
6. Cove Smart
Cove's DIY home security system is the easiest to install, professional grade security system on the market. No contract necessary and very affordable.
Website traffic: 490K/month
7. The Home Security Superstore
We offer a money-back guarantee and affordable prices for all your security needs, including home security systems, effective self defense products and more.
Where they're located: Hirevo, Gabrovo, Bulgaria
Website traffic: 240K/month
- 4,818 founder case studies
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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