press
Entrepreneur logo HuffPost logo Gizmodo logo LifeHacker logo NBC Today Show logo

eBiz Facts is reader-supported. When you buy with our links, we may earn a commission. Learn more.

Updated: May 25, 2023

Comment How To Make Money Online

He Started a Million Dollar Business at 50 Years Old

Devan Sabaratnam
  • Devan Sabaratnam

  • Co-founder of HR Partner
  • $1,000,000+ annual recurring revenue

Devan Sabaratnam is the co-founder of HR Partner 🤝

He explained the business in a recent interview

HR Partner is a human resources SaaS platform that allows small to medium sized companies (approx. 100 to 500 employees) to manage their team with processing leave requests, onboarding, offboarding, training, expense claims, recruitment, timesheets and much more.  We currently have over 2000 customers in 70+ countries and are doing seven figures in annual recurring revenue.

Devan has been working for himself for 30+ years, and at 50 years of age he was already running a successful consulting business 💪

But he wanted to give SaaS a try, and came up with the idea for HR Partner via many conversations in his consulting business…

I know NOTHING about HR, and I am not HR trained. What I do have is over 25+ years of experience in working with small to medium sized businesses, and listening to their problems and challenges during that time.

💰 Six years after launching HR Partner…

We currently have over 2000 customers in 70+ countries and are doing seven figures in annual recurring revenue.

50 might sound like a ripe old age to launch a startup, but according to the Harvard Business Review… 

And according to Fortune…

Also, it’s not like Devan is one of those superhuman 50-year-olds who can still work crazy hours…

I personally only do about 3 to 4 hours of hard work per day, then another couple of hours doing ‘fun work’ which includes chatting to my fantastic team and making sure they have everything they need to do their jobs. The weekends and holidays are mine and both my co-founder and I take lots of short vacations during the year.

Getting older means that you have to be VERY careful about how you spend your energy, so I only work on stuff that matters now. Everything else just gets ignored.

I’ve found the same: as I get older, I have to be more careful about how I manage my energy.

It’s a gift in a way, as you’re forced to work smarter instead of harder 🤓

First time seeing our Online Money Maker profiles? Click here for a quick intro.

The goal of our Online Money Maker profiles is to show you all the different ways people make money online. We strive to ensure that each profile is realistic – no hype, no scams – so you can see what it really takes to build each type of business.

If you'd like to hear when we publish new profiles, subscribe to our free newsletter below. Each edition is packed with tips, insights and opportunities to build your online business. We send it out every Tuesday and Friday to 22,224 legendary subscribers.


Learn more about income claims and estimates on this website

Our goal at eBiz Facts is to give you accurate information about online business so you can gain clearer insights, make better decisions, and achieve your own success.

With that in mind, we strive to ensure the accuracy and transparency of the income claims and estimates that you see on this website.

Here’s how:

  • We treat all income claims we find online with skepticism.
  • We don’t report incomes that seem especially controversial or unrealistic.
  • We cite our sources and/or share our calculations so you can see where the numbers come from.
  • If there are uncertainties about an income claim or estimate, we tell you what those are.

If you see an income claim or estimate that seems off, please tell us so we can fix it.

Is this kind of business right for you?

Check out our framework to see the 19 types and 6 levels of online business, and discover which is best for you.

Other ways to make money online

There are many other ways to make money online, to work from home or anywhere in the world.

About The Author
Niall Doherty – Founder and Lead Editor of eBiz Facts Born and raised in Ireland, Niall has been making a living from his laptop since quitting his office job in 2010. He's fond of basketball, once spent 44 months traveling around the world without flying, and has been featured in such publications as The Irish Times and Huffington Post. Read more...

Leave a Comment