“If you don’t love the process, you’ve already lost.”
- Karley Chynces, Founder of Etc.App
On today's blog, we feature Karley Chynces, Founder of Etc.App, to learn more about her motivations and successes as she begins to launch the all-in-one savings platform for college students this Spring.
Q. What prompted you to start your venture, Etc.App?
As a college student, the conversations with my friends are always the same: books are too expensive, going out is too expensive, living on campus is too expensive, etc. The additional costs of going to college hinder not only students’ education, but their overall college experience. This ongoing problem led me to build Etc.App, the app for students to buy and sell everything they use for college hyper locally. Etc.App is the all-in-one savings platform for college students.
Q. What has been your greatest success so far in your entrepreneurial journey and why?
My greatest success in my entrepreneurial journey has been going from idea to launch in less than a year. Some people may define success by awards or recognition or tangible items. For me, success has been granted in the form of education. I feel like my “greatest success” happens everyday because I know something that I didn’t know yesterday and it leads me into something I will learn tomorrow. Being able to call myself an entrepreneur at 22 because of self-motivation and perseverance differentiates me from most 22 year olds out there.
Q. What is one of the most important things you have learned while building your venture?
You have to say no to others to say yes to yourself. No is a word that a lot of people don’t know how to say and it is one of the most powerful words I have learned to use while building my venture. Every minute spent doing something that does not make me better is a minute wasted. Once I learned how to say no to going out every weekend with my friends, I began to get more things done. When I learned how to say no to the snooze button, I started having more time in the day to do everything I wanted to do.
Q. Where do you get your inspiration from?
All my inspiration comes from my parents. Both my parents came to the U.S. from different countries and built a business together from nothing. I’m inspired by them because their tough times made them tough people. My parents have inspired me to be a self-starter, and most importantly, to be tough. I want to use the education and resources they have provided me with to make an impact in the world.
Q. Who is the most inspiring entrepreneur whom you have met to date?
Nina Vaca is hands-down the most inspirational woman I have ever met in my life. She has not only built a billion dollar company, but is very moved by wanting to make a social impact. Nina strives as an entrepreneur, philanthropist, triathlete, and in her family. I had the honour to connect with Nina several times and receive an entrepreneurship award (Bizventure) from her. Nina Vaca inspires me because she has made it in the life aspects I value most and she makes me believe I will too.
Interested in joining the next WIN Lab cohort of women entrepreneurs? Head here to learn more about our application cycle!