📺 Stream EntrepreneurTV for Free 📺

This Startup Didn't Think Twice When It Came to Taking a Bold Chance It's not the first time a 'fake it until you make it' strategy reaped big rewards.

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner MaRS Discovery District talks with William Zhou, CEO of Chalk, a startup dedicated to personalizing education. Chalk grew from an idea while Zhou was in college studying computer science. He and a few friends hoped to improve the education system. Zhou recalls the early days of powering through the startup lifestyle when he and his fellow employees would stay at their co-working office until 2 a.m., eat fast food, sleep and then start the entire process again the next day.

Zhou admits after the team's first year working on Chalk, there wasn't much revenue to speak of. Fortunately, after a discussion with a current customer of the company, who was curious about a certain function of Chalk, the team was able to build a unique addition to make it more applicable to the user's needs without giving too much away. Zhou and his team's ability to push through the tough times, rely on skill, rely on luck and maintain belief in their company helped them to meet their most profitable opportunity.

Click play on the video to hear more.

Related: Why Investing in Diverse Companies Will Keep Future Mistakes at Bay

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Click here to become a part of this growing video network.

MaRS Discovery District is the world’s largest urban innovation hub. Located in the heart of Toronto, MaRS supports impact-driven startups tackling key societal challenges in the health, cleantech, fintech and enterprise sectors.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from MaRS Discovery District

This Entrepreneur Didn't Pay Himself a Salary for 5 Years After He Started His Business

How This Founder Sold Investors on Her Company's Unconventional Technology

How Tech-Infused Clothing Has the Potential to Improve Personal Health

How 3 Words Helped Change This Man's Career

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

Starting a Business

This Couple Turned Their Startup Into a $150 Million Food Delivery Company. Here's What They Did Early On to Make It Happen.

Selling only online to your customers has many perks. But the founders of Little Spoon want you to know four things if you want to see accelerated growth.