A Case Study on How to Build a Mission-Driven Startup

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Startup Success: A Podcast for Founders & Investors 28 min 1 speaker 8 chapters transcribed 15 days ago
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What inspired Tanya Van Court to start a mission‑driven fintech startup?

Unknown 0:01
Welcome to Startup Success, the podcast for startup founders and investors. Here you'll find stories of success from others in the trenches as they work to scale some of the fastest growing startups in the world. Stories that will help you in your own journey. Startup Success starts now.
Kate Adams 0:19
Welcome to Startup Success. Today we have Tanya Vancourt in studio who is the founder and CEO of Goal Setter. Gold Setter is an award-winning financial education platform and they have some white label things going on. It's really cool. I can't wait to get into it. Welcome, Tanya. Thank you. So glad to be here. We're excited to talk to you. So you have a really neat background. I mean, I saw you were at Nickelodeon, Discovery, ESPN, some companies that a lot of people listening, you know, respect and admire. And then you kind of went on and did your own thing to found goal setter. If you could give us a brief overview of your journey and what led to the founding, that would be fantastic.
Tanya Van Court 1:05
Absolutely. So, you know, Kate, I often say that starting a company, it doesn't start in a moment. It doesn't start with a single idea. It really is the culmination of the journey of our lives and where our lives lead us. And that's how it was for me in Goal Setter. I grew up in California. My mom was an elementary school teacher. And so Education was, you know, infused into me from birth, always very important in our household. I went to Stanford, got a couple of degrees in engineering, and came out and worked at some really great and interesting companies, including a company in Silicon Valley where they gave me a bunch of stock and stock options. And I will tell you, Kate, in spite of having this amazing mother who was
Tanya Van Court 1:55
a teacher and an educator, both at school and in our home, the one thing that she never taught me about was financial education. And so, you know, stocks and stock options, those were like beyond me. So I just kept my head down and did my job. I picked my head up one day. I was 28 years old and that stomp's worth about a million dollars.
Kate Adams 2:17
Wow.
Tanya Van Court 2:18
Wow, right? Exactly. When you're 28, that's game changing. It's life changing and you know, transformative in so many ways. Unfortunately, I didn't get to experience any of those ways, Kate, because within two months my stock went from a million dollars down to twenty thousand dollars because the big tech bubble burst
Kate Adams 2:38
and flaming.
Tanya Van Court 2:41
Exactly.

How did a personal financial loss become the catalyst for Goalsetter’s mission?

Tanya Van Court 2:42
But the point is that that moment in time for me was probably the first pivotal moment that led me on this journey of founding Goal Setter because it was in that moment that I realized it doesn't matter how smart you are, it doesn't matter what fancy degrees you get from what fancy universities, if you don't have financial education, we will all go broke. That's true. So that was a a real aha moment for me about the importance of this body of knowledge that no one had ever taught me, that my family hadn't taught me, that my high school hadn't taught me, that my college hadn't taught me. And so fast forward several years, I moved to Brooklyn. I have my daughter, Gabrielle, and I resolve that that cataclysm that happened to me would never happen to her because I'm gonna teach her everything about money from the time this child is born.
Tanya Van Court 3:35
And I did. And when she was eight, about to turn nine, she said, Mommy, for my ninth birthday, I really only want two things. I said, What's that? She said, Enough money to save for an investment. I was like, hooray, I am finally mother of the year. I have done something right. Yes. I thought to myself, if I can get every kid like her to say that by the age of nine, then I can change the world. And so that was the moment, right, where I said, hey, what if I could? What if I can? And really, you know, starting to put in place the seeds of goal setter and you know, really started to think about how do I bring all of these extraordinary tools that I have built and added to my tool belt, tools from Nickelodeon and
Tanya Van Court 4:24
Discovery education and ESPN, tools that were all about engaging and exciting families, but also educating them.

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