Task Management Software

3 Task Management Software Success Stories [2024]

Pat Walls

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Updated: October 7th, 2024

Struggling to keep track of your to-dos and deadlines? Explore task management software. This business idea involves developing a digital solution to organize tasks efficiently, set priorities, and streamline project workflows.

Task management software isn’t just a fancy to-do list. It’s a robust system designed to help individuals and teams collaborate seamlessly, ensuring that no deadlines are missed and productivity stays on track. With growing remote work trends, this tool becomes a necessity rather than a luxury.

Starting this venture requires a blend of software development skills and an understanding of productivity challenges faced by businesses today. Imagine providing companies with a platform that could revolutionize how they handle tasks and projects. The potential for growth and continuous improvement makes this a compelling business idea worth considering.

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

1. GitScrum ($600K/year)

Renato Marinho came up with the idea for GitScrum out of frustration with ineffective project management tools and inefficiencies he observed as an IT manager. He noticed how poor communication and inadequate time management were obstacles, preventing teams from reaching their full potential. Inspired to create a solution that would enhance productivity and make work more enjoyable, Renato sought to develop a user-friendly project management tool grounded in Agile and Scrum principles.

Initially, GitScrum began as an open-source side project on GitHub, where it quickly garnered global support from developers and IT enthusiasts. This broad interest affirmed the demand for such a tool, prompting Renato to refine his initial concept. Through active feedback collection from early users, Renato iterated on the software, adding features that aligned with his vision of promoting meritocracy and performance tracking within teams.

One of the key challenges Renato faced during the ideation phase was finding a way to make the tool accessible to both technical and non-technical users. By leveraging user insights and maintaining a focus on simplicity, GitScrum was able to strike a balance between robustness and ease of use, which has been a cornerstone of its success. This journey taught Renato the value of community engagement and the importance of continuously adapting to feedback to refine the product.

How much money it makes: $600K/year

How One Founder Scaled GitScrum to $600K Annually in Just 12 Months

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2. SmartTask ($48K/year)

Shyamal Parikh, founder of SmartTask, came up with the idea for his project management tool while working in his father's unorganized business. He saw the need for a tool that could help businesses manage tasks and sales in a more efficient and organized manner. After personally visiting hundreds of businesses and validating the idea, Shyamal decided to build SmartTask and has since attracted notable clients such as Amul, Adecco, and ABB.

How much money it makes: $48K/year
How much did it cost to start: $0
How many people on the team: 8

I Bootstrapped My $48K/Year Project Management Software [From India]

SmartTask is a project management tool that has received $300K in seed funding this year and it currently has 40,000+ active users, serving prominent brands such as Amul, Adecco, Ecolab, and ABB, among others, aiming to make people 3x more productive.

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3. Planndu ($8.4K/year)

Yarik and Kate, a Software Engineer and a Product Designer, came up with the idea for Planndu after realizing that existing productivity apps were difficult to operate and didn't effectively manage tasks. They decided to create a single app that combined all the necessary features for effective time management. Since launching in April 2022, Planndu has seen consistent growth in signups and subscriptions, with 851 new users joining last month and a 24% MoM growth in revenue from subscriptions. The founders have big plans for the future, including expanding to iOS and desktop platforms.

How much money it makes: $8.4K/year
How much did it cost to start: $300
How many people on the team: 2

62 Days And $300: How We Built An App That Helps Increase Productivity

Planndu is a productivity app that offers a focus timer, task prioritization, and note-taking features to help users manage their time; the company's revenue from subscriptions has grown by a commendable 24% month-over-month with 851 new users joining last month, proving its success.

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