Julia Cheek Built $2.9B Everlywell Despite Repeated Rejections

Julia Cheek didn't know enough about healthcare to know how impossible her idea was. She built a $2.9 billion business anyway. Julia was in her late twenties when she started feeling genuinely unwell. She simply could not explain her symptoms: brain fog, fatigue, and aches. Neither could her doctors. She spent six months going from specialist to specialist. Each one ran the same tests as the person before them. She had good insurance and still ended up paying thousands out of pocket. Most of the time she never even got her results back. When she finally got an answer, it was vitamin deficiencies and hormone imbalances. These should have been simple things to diagnose, right? She was relieved but she could not stop thinking about how hard the whole process had been. She noticed that lab testing still worked the same way it had for decades. So she decided to change that. But, she did not have a medical background or a technical co-founder, so not a single VC invested in her. She got to $6 million in revenue without any VC funding. Everlywell is now valued at $2.9 billion. 🙌 She once called herself the least qualified person to start a healthcare company. She later said she regrets saying that. She said: "When I first started Everlywell, I was rejected for funding dozens of times. I knew I only needed one person to say yes to me." That one yes exists for you too. The question is how many "nos" you are willing to be OK with. How long will you go all in because your conviction is stronger than every "no" you will keep hearing. When you are convinced about your why, you always figure out the how. I see this a lot. Women who already know the problem inside out because of something they have experienced first hand. But she still believes she cannot become the founder who solves it because she does not fit the typical founder checklist. There is no secret founder checklist. This is especially true right now. It is up to us to believe this. ♻️ Share this with a woman founder who keeps saying she is not ready.

  • No alternative text description for this image

Every week another woman founder will say this to me: "I can't do X. I've only ever done Y." And while the credential gap feels real, almost always, in our work together, it was never the actual problem. This is why entrepreneurship is part skills and part mindset.

Like
Reply

So real Bosky -- conviction is literally the only thing the world can't teach or filter for! The best brands I know didn't start with credentials anyway.

Like
Reply

Love this, "There is no secret founder checklist". Need more of this to get normalized.

Like
Reply
See more comments

To view or add a comment, sign in

Explore content categories