October 13, 2020
At the core, entrepreneurship is about problem solving.
Entrepreneurs are people who encounter a problem, and instead of getting frustrated or waiting for someone else to provide a solution, they go out and create that solution for themselves.
This is exactly Tom Sagi’s story.
While working in his family’s construction business, Sagi realized there was no single app that could do everything he needed to manage his hourly workers’ time and pay. Sagi had no experience building a tech company from the ground up, but was determined to be the one to fill that gap. He took the leap into entrepreneurship and launched a people management platform called Hourly in 2018.
Sagi offers an insightful story on how trusting your drive, determination, and instincts can lead to massive success in the entrepreneurial world, regardless of your prior experience.
In 2008, Sagi joined his family’s Silicon Valley high-end construction business. The company employed more than 30 hourly workers, many of whom would be working on different projects.
From an administrative standpoint, it was a nightmare. Every week, Sagi would spend up to two entire workdays sorting through physical time sheets, manually processing payroll, allocating payroll dollars to the appropriate projects, and trying to organize all the data in an excel spreadsheet. It was time consuming, frustrating, and tedious, and Sagi was determined to find a better and more efficient solution.
But after searching for months, Sagi found that there was no better and more efficient solution. While certain platforms helped to manage parts of the process, there was nothing on the market that combined payroll, time tracking and workers’ comp payments for companies that employed hourly workers.
