My First Million cover image

My First Million

Tiny Desk Awards: 13 Companies Making $1M+ With 0 Employees

Jul 6, 2023
01:12:58

Podcast summary created with Snipd AI

Quick takeaways

  • Jim Streak, a one-person fitness tracking app, generated $2.5 million in its second year, showcasing the power of determination and skill.
  • The keys to success for one to two person businesses include expertise in specific areas, leveraging code, media, or capital, and the importance of collaboration and support systems.

Deep dives

Jim Streak: From Side Project to Million-Dollar Revenue

Jim Streak is a fitness tracking app created by one person, Joseph Mombre. He taught himself coding and design and launched the app, which uses AI to suggest workouts and track progress. In its first year, Jim Streak generated $300,000 in revenue, and in its second year, it reached $2.5 million. With ambitious plans for future growth, Joseph aims to achieve $15 to $20 million in yearly revenue. This one-person business is a testament to the power of determination and skill.

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