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The Route, November 21 2024

Mandy Potter – From Lemonade Stands to Launching Canada's First Queer Fund

In this episode of The Route, host Christopher Nascimento chats with Mandy Potter, Co-Founder and Managing Partner at Misfit Ventures. Mandy's journey is one of resilience, creativity, and a deep commitment to uplifting others. From her first entrepreneurial ventures as a child to leading groundbreaking initiatives, Mandy's story highlights the power of forging your own path and creating meaningful change.

From Lemonade Stands to Industry Disruptor

Mandy’s entrepreneurial mindset took root early, starting with neighborhood lemonade stands. This natural curiosity and drive were the seeds of what would grow into a dynamic career.

Her first significant venture, Cleanify, tackled inefficiencies in the home cleaning industry. Mandy turned an overlooked challenge into an opportunity to connect homeowners with quality services while improving conditions for cleaners.

She later expanded her scope, entering the cannabis industry by creating a delivery service to enhance patient access. This project combined innovation with compassion, staying true to Mandy’s focus on solving real-world problems.

Turning Challenges into New Directions

Like many entrepreneurs, Mandy faced her share of personal and professional challenges. A serious health issue became a wake-up call, leading her to reassess her priorities and focus on achieving balance. This pivotal moment shifted her trajectory, setting her on the path to venture capital.

Mandy’s move into venture capital came with a mission to support underrepresented founders. Co-founding Misfit Ventures, she established Canada’s first queer-focused fund, designed to empower LGBTQ+ entrepreneurs and ensure their voices are heard in spaces where they’ve historically been overlooked.

Lessons from Mandy's Career

Dream Big Early: Mandy’s entrepreneurial journey began with lemonade stands, proving that small ideas can lead to big opportunities.

Focus on Solutions: Cleanify and her cannabis delivery service addressed gaps in their industries, demonstrating the importance of innovation.

Prioritize Health: Mandy’s personal health challenges taught her the value of balance and self-care in a demanding career.

Champion Diversity: Misfit Ventures reflects Mandy’s commitment to uplifting marginalized communities.

Believe in Yourself: Confidence is critical for any entrepreneur aiming to make their mark.

Leverage Networks: Joining accelerators and building connections can significantly benefit early-stage founders.

Measure Success by Impact: The real value of entrepreneurship lies in how many lives are positively touched.

Celebrating the Power of Being a “Misfit”

Mandy’s story underscores the importance of embracing individuality. Identifying as a “misfit,” she has redefined traditional notions of success and leadership, focusing on inclusivity and empowerment. Through Misfit Ventures, Mandy is proving that being different is a strength, not a limitation.

Mandy Potter’s journey is a powerful example of how entrepreneurship, when paired with purpose and perseverance, can drive meaningful change. Her career is a reminder that every challenge can be a stepping stone to success, and every “misfit” has the potential to make a lasting impact.

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