Overview
Founded by Will Goto, Rize is a productivity tool designed to track time and improve work habits. It offers a subscription service for $15 a month. After pivoting from a previous venture, Rize was built on the lessons learned from that experience. With a focus on helping users understand and optimize their time, Rize has reached over $11,000 in sales within 6 months of its launch, currently operating as a two-person team.
Unique Aspect
Rize stands out with its approach to improving productivity by tracking time spent on various tasks and providing insights to build better work habits.
Approach to kick off
The development of Rize was grounded in extensive market research and user interviews, focusing on the needs of software engineers. The team iterated quickly based on feedback from a targeted user base.
Scoop
Business Model ViabilityThe subscription-based model, combined with a focus on a niche market, provides a sustainable and scalable business approach.
Future Projections
Future goals include expanding the product's features and methodologies to provide more direct suggestions and guidance for achieving productivity goals.
Startup Stats
📊 ARR: $324,000
📈 MRR: $27,000
🚀 Startup Costs: $2,500
👥 Team Size: 2
🌍 Market: Global, targeting individuals and businesses looking to improve productivity
💰 Funding: Bootstrapped
👨💼 Founders: Will Goto
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