The fourth time was the charm for Raj Narayanaswamy and Lakshmi Raj. Their first two years in business, they couldn’t get funding and they launched three products that failed.
Now, their small firm employs about 300 people and their online time-and-expense management software has more than 1.5 million users in 70 countries..
Beyond the business struggles, they also faced personal challenges managing their time and learning how to balance work with their personal lives. They tried keeping a strict separation between work and business at first, but then decided it was easier just to not worry about a barrier. Now if they end up talking shop at 11:30 p.m. after a movie, it’s okay with them.One big plus of working together is honesty, said Raj. “We bring a very authentic culture. Everybody is themselves” at the office, he said. Because the leaders of the company are comfortable and open, that encourages the rest of the office to bring their real personalities to work.
During tough times, the two depend on each other. The secret is “not giving up, working through the struggle, whether it was business or personal,” said Lakshmi.
Their families are in India, so when they started racking up credit card debt, they had to figure it out on their own.
“If we declared bankruptcy, there is no aunt’s house or grandma’s house to go in and stay in,” she said.
The couple has maintained a sense of humor throughout. The marriage works, because “I am always wrong,” said Raj.
Get started today.
Set up a free trial based on your business needs. Start Free Trial

Top Challenges that Large Services Organizations Need to Tackle Now

Unforeseen market dynamics, the rise of disruptive technologies, new business models, and global competition are transforming the business landscape, especially large services organizations. As revenue growth slows down, professional services…Read More

Top 5 Mobile Timesheets On the Go to Make You More Productive in 2022

Time tracking software is the backbone of every company when it comes to recording time and attendance as well as project management. The demand for such software is always increasing…Read More

How can Large Service Organizations Maximize Resource Utilization to Drive Higher Project Profitability

Large services organizations are facing several challenges in their business. On one hand, they need to maintain a flexible hybrid workplace that supports collaborations and can bridge the gap and…Read More

Using shared services? These five technologies are a must

As organizations continue to scrutinize operating costs and look for areas to drive efficiencies, shared services centers (SSCs) are a no-brainer. The concept of a multi-function SSC has been around…Read More

Employee time tracking is dead

iBeacons, Bluetooth Low Energy, Proximity sensing and the obsolescence of time tracking as we know it. Businesses have to track the time their employees work for a variety of reasons,…Read More

Reducing Absenteeism with Effective Time Management and Absence Tracking

Workplace absenteeism is a major concern for American companies. According to the US Bureau of Labor Statistics, unplanned absences cost American businesses an average of 2.8 million workdays every year,…Read More
  • Polaris
  • Time & Project Insights
  • Time & Projects Solutions
  • Replicon Products
  • Replicon Users
  • Enterprise Time Tracking
  • Cloud
  • Corporate
  • Professional Services Management
  • Shared Services Management
  • Time and Attendance Management
  • Customer Feature
  • Time Intelligence
  • Industry News
  • Global Compliance Updates
  • Others