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October 5, 2023 53 mins

Welcome to another episode of The Entrepreneurial Mindset Project.

 

Today, we're joined by Chad Porter, a young, inventive entrepreneur who is well on his way.

 

While studying biomedical engineering at Ohio State, he noticed that students were hauling fewer books around campus, which required a new type of backpack. All he needed was a prototype that would enable him to test his idea on his fellow students.

 

Once he scraped up the money to buy a sewing machine, he went to work, experimenting with designs. By the time he sold 200 backpacks, he knew he was onto something that had the potential to grow. All he needed was the money to make it happen.

 

Yet he quickly learned that venture capital investment was not readily available to young black entrepreneurs. He had to figure out how to make his business happen some other way.

 

Like most entrepreneurs, Chad’s story is full of challenges and setbacks, as well as unforeseen opportunities. What stood out to me was the combination of passion, optimism, and persistence that enabled him to find a different path.

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