Clearing Hurdles to Academic Startup Formation How Editpep Became a Company
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I always had the dream of starting a company. Growing up, I had seen several friends, peers, and siblings start their own businesses. However, back then, I never thought it was something I wanted to do. In college, I took a few courses that related to entrepreneurship, and that’s when it struck me. Starting a company has its unique challenges, and I knew I needed to face them head-on. One of the biggest challenges I faced in my career was clearing hurdles. As an
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How did you get into academic startup formations? Well, it was quite the journey. First, the idea for Editpep was born in my personal life, a young entrepreneurial pursuit, which led me down the road of research, development and testing. At that time, I was still living in Canada, pursuing a Master’s degree in Management from an international university, and it was just an idea in my head, one that I wished to materialize. The first hurdle was coming up with the right business plan and convincing someone to invest in it
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Editpep is a fast-growing startup that serves the growing demand for high-quality and innovative editing and proofreading services to a diverse set of clients globally. hbs case solution With a focus on excellence in quality and affordability, our mission is to bridge the gap between the demand for quick and reliable editing and proofreading services, and the limited offerings in the market. Our journey started when I realized that I was unable to deliver quality work on my editing skills. I, therefore, made the decision to start an editing business based on the real
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Starting a company is challenging enough, but having to navigate the tricky terrain of academic startup formation is doubly hard. Editpep — the company that makes its money by making editors, but is now profitable — did this all the time. Our founder, Ben, remembers when the company was struggling to get funding. “We had an idea for a publishing company with an app,” Ben says, “but we didn’t know anyone in this industry.” The funding prospects were sketchy, and Ben was running out of money. Ben’s
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