Link To Full Story: www.fourhourworkweek.com
Shared by JohnH
Awesome stories. Would love for Tim to repeat the experiment soliciting answers to his questions from people whose ideas didn't work. Hard to collect valuable data from a post like this without having any idea of what the failure rate is. We can state for certain though, that it sells books! Go Tim. Maybe that's the real takeaway.
“ClockSpot” by Jason Ho
Describe your muse in 1-3 sentences.
Clockspot is a web-based employee time tracking tool, designed for business owners. Employees clock in from any phone or computer. Managers can then check timesheets online instantly.
What is the website for your muse?
http://www.clockspot.com

How much revenue is your muse currently generating per month (on average)?
More than $25,000 per month
To get to this monthly revenue number, how long did it take after the idea struck?
12 months.
How did you decide on this muse?
I originally came up with Clockspot because my parents needed a way to track time for different employees at different offices. Being a techie, I insisted that they hold off on buying physical time clocks, and instead wait for me to make them a simple web-based time clock. Within 3 days, I had a rough but usable prototype.
What ideas did you consider but reject, and why?
Out of college, I started a social Question & Answer website called Qaboom.com (pronounced “Kaboom!”). It didn’t work out for a number of reasons: partner conflicts, difficulties gaining traction, a failed partnership, etc. I learned a whole lot, but had to cut my losses and move on.
I dabbled in a couple of startup projects/ideas after that, then eventually came up with Clockspot. I’ve been running it ever since.
What were some of the main tipping points (if any) or “A-ha!” moments? How did they come about?
“The 4-Hour Workweek” really struck a chord with me because my company was growing quickly, and there was this forever-growing list of things that needed to get done. I was working 80+ hour weeks, at the expense of everything else around me: my relationships, my social life, my body… Being a perfectionist, I was very reluctant to delegate tasks to anyone but myself.