How I Went From Idea, To Raising $50,000, To Starting A Foundation In 3 Months

Recently I’ve been writing about a new foundation I am starting to empower ParentPreneurs. The foundation mission has evolved from something that would help all ParentPreneurs to being exclusively for Black ParentPreneurs.

When I started talking about this it was purely aspirational and based on faith, but not anymore.

This.

Is.

Happening.

Foundation inspiration

After staring my business, I wrote a book to inspire ParentPreneurs to be the best parent and entrepreneur possible; after I published it, I felt an overwhelming sense of purpose on my heart to start a foundation to give grants and other resources to help ParentPreneurs. I thought I would do so once I sold WeMontage and I would seed the foundation with $1 million of my own money.

I still expect to sell WeMontage for tens of millions of dollars, but I have no idea when that will happen. Not a clue.

How I Went From Idea, To Raising $50,000, To Starting A Foundation In 3 Months #ShootYourShot Click To Tweet

The idea to start the foundation now

Back in March, at the beginning of the COVID-19 pandemic, I was looking for opportunities within the crisis. I had a Starbucks meeting with two people whom I told about my desire to start a foundation someday and they asked me a pivotal question, “What are you waiting for? Why don’t you start it now?” I thought about it for a few days and I was like, “Yeah, what am I waiting for? Do it now!”

So I took the leap of faith and began to boldly proclaim I was starting a foundation with a vision of annually giving $10,000 grants to one hundred people around the world. That’s $1 million per year.

I have some balls, I’ll give me that!

It’s not just an idea anymore

About three months after that coffee meeting I received a $50,000 founding grant from an influential tech VC and have launched a beautiful website for the ParentPreneur Foundation. I’ll tell the story of how this happened another time.

The foundation will soon announce its inaugural cohort of ten Black ParentPreneurs who will each receive a $1,000 grant.

I’m very excited about this and extremely thankful. I look forward to economically empowering Black ParentPreneurs and easing their parenting burden.

Lessssssssss go!

How I Went From Idea, To Raising $50,000, To Starting A Foundation In 3 Months #ShootYourShot Click To Tweet

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