Mitch Russo

Let's go, baby.

No, 1985 is when we incorporated the organization as a company.

Timeslips was originally founded to create time tracking records for your personal computers so you could deduct them from your taxes.

But that whole program fell apart after it was done because the IRS relaxed their rulings on contemporaneous record keeping and

leaving us in a place where we had no, we had a brand new product.

We'd both quit our jobs, but we had no one to sell it to.

Oh, I was probably in my mid twenties, late twenties at that point.

Everything was riding on this company.

I was not broke.

I had made a decent amount of money previous to that in real estate and as a sales executive.

But I had quit my job and my partner had basically shut down his other businesses just to focus on this.

Well, we pivoted.

I guess that's the word we'd use in these days.

We scrambled to figure out what to do.

And then we realized that lawyers and accountants need to keep track of their time.

In fact, everybody in business does.

So we decided to take time slips and transform it

into time tracking and billing.

That took three months and it became ready the day before I left to go to Comdex and walk the floors and hand out that program to as many people as I could.

The revenue, we grew that company up to about 10.5 million in revenue.