Late in March, balloons and confetti filled the air at the TSheets headquarters at 923 S. Bridgeway Place in Eagle. The eight-year-old company had just passed the 1,000-customer- review mark on the Intuit app center – where TSheets’ time-card software has maintained a five-of-five-star review average – and CEO Matt Rissell cut his team loose early to celebrate.
With TSheets, workers clock in and out from field or remote locations using their phones, rather than filling out timecards in the office. TSheets’ fortunes have swung dramatically. After nearly failing in its early years, Rissell says, the company broke even for several years and finally moved into the black last year. He declines to disclose revenues.
Today, Rissell struggles to bring in new employees fast enough to keep up with company growth.
Rissell lives in Eagle with his wife of 13 years, Robin, and three children, ages 5, 7 and 9. He is a member of Business Insider’s Quarterly Survey panel. He told BI about the genesis of his company, the bad years and how the TSheets ship was righted.