In 2011, Chris Coleman set out on a path to become the founder and CEO of Savyswap, an online platform where customers securely swap their items for other things that they want.
But Chris didn’t even know what he was building towards; all he knew was that he had been presented with a problem that needed solving.
After deciding to switch his major from marketing to journalism, which meant leaving his college in Denver, Colorado, for Howard University in Washington, D.C., Coleman realized he had furniture that couldn’t come along for the journey. Untrusting of the security (or lack thereof) provided by Craigslist, he decided to give his belongings away. Although he felt great about being able to help others, he couldn’t help but to wish he could have received something in exchange for them. Just a short time later, destiny connected him with his future co-founder, Calvin Knight, who partnered with him to develop a swapping and bartering website.
By 2012, Savyswap was officially founded, and since then, the company has succeeded in securing a five-figure round of funding from a private investor using YouTube, and has also been accepted into a tech incubator based in San Francisco.
Although he figured out how to solve his problem, Coleman’s answer didn’t come without a price. The journey to building his new dream required making tough decisions and taking plenty of risks. EBONY.com caught up with the savvy entrepreneur to find out the key to his success.
– Sincerely Syreeta