Time Management Tool

4 Time Management Tool Success Stories [2024]

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Updated: October 10th, 2024

Struggling to keep up with deadlines and daily tasks? A time management tool could be your answer. This business idea focuses on providing an app or software that helps individuals and businesses organize their time more efficiently.

Imagine developing a tool that offers reminders, custom schedules, priority settings, and analytics. This isn’t just software; it’s a strategy to help people make the most out of their day. You'd be at the forefront of enhancing productivity, aiding clients in balancing work and personal life.

To start, you'll need a keen understanding of coding or a partnership with a development team. Market research is essential to identify user pain points and unique selling propositions. While the competition is robust, the demand for innovative time management solutions remains high.

If you’re drawn to tech development and helping people optimize their routines, this could be a rewarding venture worth pursuing.

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

1. Time Doctor ($22M/year)

Liam Martin and his co-founder Rob Rawson conceived the idea for Time Doctor from a blend of personal frustrations and serendipitous encounters. Liam, who was struggling with managing remote tutors for his previous business, constantly faced disputes over billed hours and actual work done. His personal stress even led to serious health issues. Around this time, at South by Southwest, Liam met Rob, who had an early version of Time Doctor, developed for his internal team.

Intrigued by the potential of this tool to solve his own business issues, Liam saw a broader application for remote work management. Encouraged by their mutual experiences and a timely burst of entrepreneurial itch, they decided to refine the product together. They validated their concept by launching a beta version and eventually moved to a paid model, which revealed true user commitment and provided critical feedback. Throughout the ideation phase, they faced the challenge of balancing product development with market readiness and learned early the importance of charging for their tool to drive real user engagement and valuable insights.

How much money it makes: $22M/year
How many people on the team: 82

How Rob Rawson Bootstrapped Time Doctor to $22M ARR in 14 Years

Discover how two founders transformed personal frustrations into Time Doctor, a bootstrapped SaaS juggernaut generating an impressive $22 million annually by leveraging strategic SEO, paid ads, and a focused remote work model.

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2. TIMEFLIP ($600K/year)

In the Summer of 2016, Pavel Cheshev and his partner Dmitry launched TimeFlip, an IoT solution for personal time management and productivity control. After experiencing the fragmented market of time tracking software, they were inspired to create a "physical" solution that would be easy to use and adapt to. With over 5,000 units sold to date and plans to expand into major retailers like Walmart and Best Buy, TimeFlip has proven to be a simple and user-friendly tool for tracking time.

How much money it makes: $600K/year
How much did it cost to start: $130K
How many people on the team: 5

Inventing A Gadget To Help You Track Your Time

TimeFlip, an IoT device that assists with personal time management and productivity control, has sold over 5,000 units globally, with half of the sales coming from North America, and has plans to expand into Walmart, Best Buy, and Home Depot in the near future.

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Read by 6,666 founders

3. Sarah Stewart ($54K/year)

Sarah Stewart transitioned from a 14-year corporate career in the pharmaceutical industry to become a time management coach after a "lightbulb moment" on a Zoom call. Leveraging her project management skills and lived experiences, Sarah's business has served 121 customers and generated $150,000 in lifetime revenue.

How much money it makes: $54K/year
How much did it cost to start: $2K
How many people on the team: 0

How I Built A Time Management Coaching Business To $150K

A time management coach and project management consultant shares how she transitioned from a corporate career to self-employment, built a successful coaching business, and launched a transformative program that has received rave reviews and changed lives.

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Read by 2,211 founders

4. HoursLogger ($10.2K/year)

Drew Haines, the founder of HoursLogger, came up with the idea for his time tracking and invoicing app while working as a software and accounting consultant with his brother. Frustrated with the complexity and lack of user-friendly options in existing solutions, they decided to build their own app that would be simple and intuitive, catering to small business owners like themselves. Through consistent iteration and soft launches, they gained traction and eventually integrated with QuickBooks, resulting in a significant increase in signups.

How much money it makes: $10.2K/year
How much did it cost to start: $1K
How many people on the team: 0

How These Two Brothers Built A Time Tracking And Invoicing App

HoursLogger, a time tracking and invoicing app, was founded by two brothers who started the business as a side project over 6 years ago and made around $9k in passive income last year, with the app in a great position to grow.

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Read by 5,808 founders