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Why start a business? Here are 10 real founder answers
Connecting to your âwhyâ may be one of the most powerful things you do as an entrepreneurâespecially if youâre just starting out. Building a business takes grit and perseverance, but having a clear motivation makes all that hard work worthwhile.
According to a 2025 Shopify survey, 77% of U.S. business founders strongly agree that they started their business to turn a passion into a reality, and for 70%, greater control over job security was a motivating factor.
Below, 10 founders share their own âwhyâ behind their leap into entrepreneurship.
To monetize a passion
As a magazine art director in Toronto, Nicola Hamilton was always on the lookout for niche publications. The problem? There werenât any local storefronts that sold the types of magazines that appealed to her.
âItâs something that I really wanted to exist in the city, and so I sort of built the space of my dreams,â Hamilton says on Shopify Masters. âI wanted a physical location; a place where I could go and actually flip through the things. I wanted people to experience that feeling that I experienced discovering a new title in a new city, in a physical space.â
She went on to launch Issues Magazine Shop through a mix of alternative lending programs, personal capital, and professional mentorship. These days, the space is a haven for creatives in Toronto.
Fashion entrepreneur Stephanie Ibbitson was working in advertising before launching her leather accessories brand Sonya Lee. After popping into a leather store on her way home from work one day, Ibbitson got the idea to make a handbag for herself.
âIâve always been a self-starter, so I kind of just continued doing it, because it was the thing that I was most passionate about,â she says. âI gave my two weeksâ notice maybe a month or two after that.â
Ibbitson identified a sweet spot that catered to people who wanted luxury bags at a more affordable price and turned it into a profitable business.
To be your own boss
In 2010, Peter Dering took a leave of absence and spent a stretch of time traveling through Southeast Asia and India.
âThat just spawned an incredible breadth of things I wanted to do in this world. Many of those things would eventually become Peak Design,â says Dering, who founded the travel gear company shortly after. âWhen I was traveling for four months, I was my own boss. I was in charge of my own time. Thereâs not much more that feels freeing than that feeling of being in charge of oneâs own time.â
During his travels, Dering also learned firsthand just how difficult it was to be on the go with bulky photography equipment. That spark of an idea led him to quit his job and design a camera-carrying device that became Peak Designâs first product.
To create opportunity for underserved markets
Debbie Wei Mullinâs Vietnamese heritage has always been a driving force behind her work. Itâs what originally led her to international development at World Bank, but she soon realized she wasnât making the impact sheâd hoped.
âI really wanted to have my career dedicated toward making better opportunities in Vietnam,â says Mullin, who saw firsthand while visiting âhow amazing the culture was, the food, but also how there was no opportunity.â Mullinâs family was âjust completely obsessed with all things Vietnamese cuisine,â which is how she discovered Vietnamese coffee.
âI had no idea that Vietnam was the second-largest coffee producer in the world,â Mullin says. âIt was just completely left out of the specialty coffee sceneâand [I realized] what an opportunity that would be for Vietnamese farmers and for people along the supply chain in Vietnam to be able to have economic development by having access to the U.S. specialty market.â
Getting the brand launched and profitable was an uphill battle, as many investors misjudged Copper Cow Coffee as too niche. However, the coffeeâs undeniable quality soon had buyers from Whole Foods, Nordstrom, and Walmart calling.
To solve a personal problem
Anyone whoâs ever walked around in heels all day knows how uncomfortable it can be. After dealing with her own sore feet for too long, Cassidy Caulk knew there had to be a better way to swap her heels out while still looking good. But the packable flats that were available were a far cry from sophisticated.
âEverything on the market was kind of throwaway,â she says. âIt was pretty cheap; just not something that was, in my opinion, fashionable to wear. And so I kind of had that aha moment of, âYou know what? I think I can make something thatâs higher-quality, more luxe, and more sustainable.ââ
Caulk dove in headfirst, learning the art of shoemaking from YouTube videos, Reddit forums, and leather-working communitiesâall culminating in her own fashion-forward (and comfortable) foldable sandal brand, called Kindred Label.
To fill a gap in the market
Sometimes an unexpected challenge can actually be a blessing in disguise for a budding entrepreneur. At the start of the COVID-19 pandemic in 2020, both Marina Larroudé and her husband, Ricardo, found themselves out of work. After the panic faded, the couple knew they needed to take matters into their own hands to ensure a bright future for themselves.
âI had a vision of what I thought the white space was in the market,â says Marina. âAnd then Ricardo did a deep dive into the footwear industry, and we came into a realization that the white space was realâthat there were these super-high-end brands and then the lower-end brands, but nothing in between.â
With just $4,000, Larroudé was born in the coupleâs living room. The footwear brand has since grown into a nine-digit-revenue business.
To unlock new revenue streams
Dan Demsky, cofounder and CEO of the clothing brand Unbound Merino, is no stranger to entrepreneurship. In 2009, he cofounded a full-service digital video agencyâbut was hustling hard to stay successful.
âMeanwhile, Iâm seeing my friends who start these e-commerce businesses and theyâre scaling in a totally different way,â Demsky says. He turned his attention to launching a product-based e-commerce business, but hadnât found the right productâuntil he took a trip to Greece that changed everything. While lugging multiple suitcases up the streets of Hydra, he started thinking about ways to pack for international trips with only a carry-on.
âThe tip was to use merino wool clothing because itâs antibacterial, itâs odor-resistant, so you could rewear the same shirt multiple timesâand then instead of needing to pack 14 t-shirts for your trip, you could pack three or four,â Demsky says.
Enter Unbound Merino, which specializes in exactly that type of clothing. The company has been going strong for almost a decade and is projected to reach $60 million in revenue in 2025.
To make a difference
After losing a friend in a biking accident, Gloria Hwang set out to create a new kind of bike helmetâ-one that could keep riders safe and that they would actually want to wear. She founded Thousand with one goal in mind: to save 1,000 lives.
âOur whole design premise and our whole mission has been really around how do you make a helmet cool,â Hwang says. âAnd how do you change the perception around a product thatâs maybe like a safety item to a lifestyle accessory?â
She took inspiration from the â50s and â60s to design inclusive helmets in retro colorways for adults and children. âFrom my perspective, if youâre trying to get people to change behavior, fear is not a great motivator. But to get someone to want to do something is more interesting,â Hwang says. She also incorporated customer feedback into the early stages of the business to ensure the final design would resonate with her target audience.
To future-proof a career
Before Nima Jalali founded Salt and Stone, he was a professional snowboarderâbut he always knew that career had an expiration date. âYou get older and your career starts to kind of go downhill a little bit, right?â Jalali says âAnd with building a brand, it doesnât come and go with your athleticism or anything like that.â
Jalali set out to build a legacy brand that could go the distance. âI just wanted something that I can work on now and continue to work on for the rest of my life,â he says. âAnd so that was the plan with this brand.â
When an ACL injury inspired Jalali to pay more attention to what he was putting in his body, he noticed a gap in the market. He couldnât find a nontoxic deodorant that could keep up with his athletic lifestyle, so he decided to make one. In addition to Salt and Stoneâs bestselling aluminum-free deodorants, the brand has since expanded into body wash, lotion, and fragrance.
This story was produced by Shopify and reviewed and distributed by Stacker.
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