Summer Company Program: Victoria Quance - Accelerate Tutoring
Tell us about yourself.
I am a third-year university student studying mathematics at Western University.
I grew up in Dorchester, Ontario with my mom, dad, and brother. I love to stay active by playing many different sports, my favourite being hockey. I also play the piano and love all kinds of music!
Tell us about the business you launched during your time at the Summer Company Program.
Through the Summer Company program, I launched an online tutoring business for students of all ages in grades 1-12. The subjects I tutor are mathematics, science, and English. All of the tutoring was done virtually in order to follow public safety measures amidst the pandemic. My business is still running, although on a much smaller scale since I am back in school full-time for the year.
How has the Small Business Centre helped your business?
The Small Business Centre helped me learn the essentials to starting a business. My biggest takeaway was effective marketing and outreach strategies. I also learned the importance of proper accounting and awareness of your company’s finances. The grants that the Small Business Centre offer definitely helped me get my business off the ground and subsided the start-up costs of the company, which was extremely beneficial,” explains Victoria.
What led you to start this business?
I tutored once in a while growing up, so I knew I had what it takes to help children with their studies. The pandemic forced education to be virtual for quite a while, and I saw the toll this took on the parents, teachers, and children involved in the education system. I wanted to help ease the stress of online schooling by working with students over the summer and ensuring they were on track for the fall.
Tell us about your experience within Summer Company Program?
Summer Company Program was a great opportunity to connect with like-minded individuals. I had the opportunity to learn entrepreneurial strategies from professionals that have gone through the process themselves. Additionally, I met other young entrepreneurs with the same goals as me. We were able to learn from each other as we navigated our first business. Overall, Summer Company Program was a great experience, and I would recommend it to anyone interested in entrepreneurship!
What were some of the challenges you faced getting started and how did you overcome them?
The biggest challenge I faced was finding students that needed summer tutoring. In the program, we learned marketing and advertising strategies, and by using these effectively, I was able to reach more people and find enough students for the summer.
What’s the best business advice you’ve ever received and why?
The best business advice I’ve received was the importance of having a great, 30-second introduction to you and your business. When meeting new people, this allows you to effectively explain who you are, what your business is all about, and why they might need your service. The key is highlighting a need in your target audience and then offering a solution through your business. Doing this in a quick and interesting manner is very important when networking.
What advice would you give to an aspiring entrepreneur today?
The first piece of advice would be to join the Summer Company program if you are able. This is a tremendous help in planning and funding, especially during the beginning of your new business. Secondly, if you are trying to decide what type of business to start, look for a common problem that people face in society, and be the solution. Every purchase people make is essential to solving a problem. If you can be the solution to someone’s problem, you’re already on your way to clients and sales!
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