Last night my co-founder, Desiree Vargas-Wrigley, won the Tech Woman of the Year Award at Builtin Chicago’s Moxie Awards. I couldn’t be more proud of her and how far she has come.
On the other side of the country, I was speaking to a group of professionals at the Startup Leadership Program in Silicon Valley who were considering leaving the corporate world and starting their own companies. One of the questions I was asked during the Q and A session was, ‘what is the hardest part about running a startup?’
Upon getting this question, I immediately thought of Desiree and the magnet that she keeps on her fridge that says:
Leap and the net will appear.
For Desiree, this maxim couldn’t be more true. In late 2007, a little voice went off in Desiree’s head that said ‘YOU NEED TO START GIVEFORWARD’. And so unlike the rest of us who typically sit on our ideas without doing anything, she decided to act. Without an ounce of prior business experience, she wrote a business plan, which she used to secure a $10,000 crowdfunded loan from Prosper.com and another $5000 from her grandpa. She then contracted with a web development shop to begin building the first version of GiveForward. She did all this without having a co-founder, a real attorney, or even enough funding secured to pay for the entire website (the total cost for the website was around $25,000 paid in three installments over 4 months). She just figured as crazy as the idea seemed to others, she had to get started THAT DAY and the rest would fall into place.
As fate would have it, things have certainly fallen into place. A little less than four years after launching GiveForward, we won the award for best consumer startup in Chicago last night, and we’ve now helped people raise over $16 million for things like cancer treatments and organ transplants. Certainly we’ve put in hard work and caught a lot of lucky breaks along the way, but none of this would have happened if Desiree hadn’t had the courage to take the leap.
Flash back to the professionals in Silicon Valley, who asked ‘what’s the hardest part of running a startup?’ Well, my response to this question was easy:
The hardest part about running a startup, isn’t running the startup. It’s having the courage to take the leap in the first place.
Big hugs to my partner Desiree for taking the leap four years ago, and a special shout out to my friend Mary-Ashby Brown from law school who just took the leap and officially launched her wonderful business Salve Sister today!