Company Data Business

2 Company Data Business Success Stories [2024]

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Updated: September 6th, 2024

Looking to help businesses make better decisions? Consider starting a company data business. Essentially, this involves collecting, managing, and analyzing data to provide valuable insights to companies.

Modern businesses rely heavily on data to guide their strategies, so your role will be pivotal. You’ll be offering services such as data analysis, data mining, and predictive analytics to help companies understand trends, optimize performance, and innovate.

Imagine transforming raw data into actionable knowledge that can drive a company’s growth. Starting this business involves setting up robust data collection systems, employing analytical tools, and having the expertise to interpret complex data points.

If you have a knack for numbers and a passion for problem-solving, this business could be very rewarding. The increasing importance of data in decision-making ensures a growing market for your services.

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

1. Contact Any Celebrity ($360K/year)

Jordan McAuley, founder of Contact Any Celebrity, came up with the idea while in film school to make extra money. Starting in 1997, he built his website into a membership site and online database. Over time, he pivoted the site to cater to professionals, attracting customers from nonprofits, authors, entrepreneurs, and media people. The business has lasted 23 years and continues to thrive, with a 7-day free trial and an affiliate program that pays 50% monthly recurring commissions. The site even received recognition from Tim Ferriss in his book, 'The 4-Hour Workweek.'

How much money it makes: $360K/year
How much did it cost to start: $100
How many people on the team: 2

How I Turned My Teenage Hobby Into A 6-Figure Full-Time Business

Contact Any Celebrity founder Jordan McAuley shares how he turned his teenage hobby into a six-figure full-time business with a membership site and print directory of over 59,000 celebrity contacts, and his marketing strategies including an affiliate program, Google AdWords, and free trials.

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Read by 11,335 founders

2. Crustdata ($24K/year)

Abhilash Chowdhary, co-founder of Crustdata, came up with the idea for his business while working as a software engineer in the US. Inspired by his previous job building a data intelligence platform, he wanted to create a similar platform for the Indian public market. After pivoting their target customers from public to private investors, they found their first customer and have since onboarded more than 10 paying users, generating over $20,000 in revenue since their launch in March 2022.

How much money it makes: $24K/year
How much did it cost to start: $1K
How many people on the team: 0

How I Turned My Side Hustle Into A Profitable SaaS [97% Gross Margin]

Crustdata co-founders built a SaaS tool to track private startups by indexing the public web, onboarded more than 10 paying users and brought in over $20,000 revenue since launching in March 2022.

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Read by 3,299 founders