In January, I set out on an incredibly aspirational and surprisingly difficult project – I decided to utilize my first co-op experience to start a new organization, Startup Summer, to connect college student with internship opportunities at early-stage startup companies. It seemed so simple. I had the most impressive people in the area committed to serve on my board, the whole state was talking about “the brain drain” as a hot problem to solve and I even had the backing of the White House’s Startup America Partnership. However, just a few months into this seemingly simple project I learned that I was overly ambitious and had to cope with a bit of reality. Not to spoil the story, but ultimately this endeavor was a success. Less then 6 months after I started working on it, the Chairman of the Massachusetts State Senate publicly committed $1 million annually to support the initiative, but getting to that commitment wasn’t easy.
For the 4 months that I was working on the project, it was essentially a one-man operation with a total of $1,000 raised. I have always said that I wanted to be an entrepreneur and start a company of my own but this made me realize that it’s not as easy as it sounds. I single handedly had to market the program to thousands of students and companies, screen over 1,200 student applications and over 120 company applications all while trying to fundraise and keep my entire board updated and engaged. I loved the mission I was working towards, I loved the recognition the program was getting, I loved the people that I was getting meetings with and gain support from, I loved the opportunities I got, I loved it all. But I was still a one-man shop without funding. I learned a lot during these four months – the majority of the leanings were about how I work best. A few of the key learnings were:
- I need accountability - I learned that I’m very independent and like setting my own agendas but I need some accountability – whether it’s an active board or a respected co-founder, I need someone making sure that I do what I say I will.
- I’m a terrible sales man – I didn’t expect this but I’ve realized that I’m a better marketer then I am sales man. A marketer needs to be passionate about their product and attract evangelists to it (which I do really well) but a sales man needs to close the deal with those evangelists (which I’m not so good at).
- I really like social missions - I’ve always looked at myself as a greedy capitalist looking for profit and wealth. But I’ve realized that I actually am passionate about having a social mission. Money is nice but I thrive more knowing that I’m improving the world.
- I need to be happy – one of the biggest problems I’ve faced because of working so hard is that I’m not true to myself and I prioritize work over friends and family. I know that I’m a workaholic and I thrive over constantly having things to do but need to prioritize being happy.
- I need to look long-term – I setout to start this organization as a co-op. Starting an organization of this magnitude in 6 months is impossible and setting it up for sustainability moving forward from that is even more impossible. I need to look at the long-term implications of projects more in detail before just beginning.
So what is the final outcome of all of these leanings? Well I’ve built my network and affirmed that I love the startup world in Boston. I’ve learned that I always want to be part of it and devote my career to contributing to its success. But I’ve realized I need to do this in a setting of other supportive, hardworking, like-minded people. As for my next career steps, I want to spend more time in the apprentice role working for established organizations to learn from the successful individuals there. I’m a student right now after all and my full-time job is to learn so I might as well take advantage of every opportunity to do that.