As Brandon Bailey, founder and CEO of TutorD<\/a>, built his career in software engineering<\/a>, he came face-to-face with the “lack of diversity and inclusion” in tech<\/a> \u2014 and he wanted to do something about it.<\/p>\n Image Credit: Courtesy of TutorD. Brandon Bailey. <\/sup><\/p>\n Bailey worked at a consultancy in Chicago at the time, and as co-lead for one of the firm’s employee resource groups<\/a>, he partnered with a couple of community-based organizations. One partnership was with a middle school in Bronzeville.<\/p>\n The school was located about 15 minutes from Bailey’s home, but the students “had a totally different lived experience,” the founder recalls. Many of the kids had never been on an escalator or inside a skyscraper despite living just minutes from downtown.<\/p>\n Related: Technology Opens the Door for Entrepreneurs to Achieve the Triple Bottom Line<\/a><\/b><\/p>\n The program helped the students have those experiences and access internships and other opportunities. “That gave me this drive and passion for the educational experience and helping facilitate it,” Bailey says. “It changed my life. I know it changed [their lives].”<\/p>\n But Bailey wanted to figure out how to reach even more people. He landed a job at an edtech<\/a> startup in Los Angeles, California, and began to think about how he could bring together education, engineering and entrepreneurship.<\/p>\n When considering the platform or tool that could accomplish that, Bailey noted one significant obstacle: There was an issue of connectivity for students who didn’t have access to computers in their homes. However, most students did have cellphones, so Bailey decided to meet the students where they were and build for those.<\/p>\n Related: How DEI and Sustainability Can Grow Your Triple Bottom Line<\/a><\/b><\/p>\n “We wanted to lead with providing value to the community first and gaining trust and buy-in.”<\/p>\n<\/blockquote>\n Bailey officially founded TutorD, an edtech platform for teachers and tutors<\/a> to enable distance learning, and TutorD Scholars, a nonprofit that teaches “urban youth in-demand 22nd century skills,” in 2019.<\/p>\n “We wanted to lead with providing value<\/a> to the community first and gaining trust and buy-in into what we were doing,” Bailey says. “So that’s why we led with the nonprofit TutorD Scholars first, while building out the software platform.”<\/p>\n Teaching made it easier to figure out the specific tools students would need on the platform and how to tailor lessons to their unique learning styles<\/a>.<\/p>\n Related: This Black Founder Stayed True to His Triple ‘Win’ Strategy to Build a $1 Billion Business<\/a><\/b><\/p>\n \u200a”We’re teaching [the students] in different ways,” Bailey says, “so using visual, auditory, reading and kinesthetic. [It’s] a very intentional approach.”<\/p>\n Entrepreneur <\/i>sat down with Bailey to learn more about how he’s grown TutorD into a successful business \u2014 and the role that Intuit’s IDEAS accelerator program<\/a> has played.<\/p>\n Intuit’s IDEAS accelerator program provides founders access to capital<\/a> and the company’s AI-powered platform, service and experts, plus business coaching from the National Urban League and executive coaching from Zella Life to support their business and professional growth.<\/p>\n Related: Over Half of Small Businesses Are Struggling to Grow, Intuit Survey Shows \u2014 But These 5 Solutions Can Help<\/a><\/b><\/p>\n Through the IDEAS program, Bailey got valuable exposure to the basic accounting fundamentals<\/a>, like cash flow and profit and loss statements, that make or break a business.<\/p>\n “That wasn’t something I had a lot of support with growing up, looking back at it,” Bailey says. “In our household, [and] it is common across Black and brown households, we didn’t have that training around finances.”<\/p>\n Receiving that technical training helped Bailey and the TutorD team develop a clearer sense of where the business was headed and how its costs and sales projections<\/a> would shape that trajectory, the founder notes.<\/p>\n Related: Why Accounting Skills Are Indispensable for Entrepreneurs<\/a><\/b><\/p>\n TutorD used Intuit’s MailChimp, an email and marketing<\/a> automation platform for growing businesses, to streamline its communications.<\/p>\n Not only did the platform make it easier for people to get in touch with TutorD, but it also helped cultivate a sense of presence \u2014 making the business seem bigger than it was, Bailey says.<\/p>\n \u200a”We’re a team of five right now, and we’re dealing with other companies that are 200, 500 people strong,” Bailey explains. “And they have $20 million backed by different investors. [MailChimp] helped us appear bigger than we are to compete in the market and with other edtech companies.”<\/p>\n Related: How to Streamline Your Company’s Internal Messaging and Communication<\/a><\/b><\/p>\n The business coach<\/a> that Bailey connected with through Zella Life also became an integral part of TutorD’s journey.<\/p>\n Having a support system in place was invaluable as Bailey juggled the challenges of growing a business<\/a> with major life events, he says.<\/p>\n “My father passed away, and my baby came, and I had an injury, all in a three-month span,” Bailey says. “My coach had also lost his mother around that time, so we [had a] really deep connection, and he was able to help.”<\/p>\n Related: How to Evolve From Manager to Mentor and Create a Lasting Impact in Your Organization<\/a><\/b><\/p>\n Bailey says that the IDEAS program put TutorD in the position to scale<\/a> \u2014 and gave him and his team the confidence to talk to people about their journey.<\/p>\n Bailey encourages other young, aspiring entrepreneurs to never stop learning, seek out opportunities where there’s a need and ability to create value, connect with other founders who can serve as mentors<\/a>, and leverage the community to help lay the foundation for business success.<\/p>\n He’s also excited to see people embracing the “triple bottom line,” which tracks a business’s financial, social and environmental performance<\/a> \u2014 and suggests anyone considering the leap to founder do the same.<\/p>\n “\u200aPeople are waking up to [the fact that] it’s not just about making money<\/a> and some infinitely growing, making-money approach to entrepreneurship and capitalism in general, but really looking at it with a triple bottom line approach, generating sustainable profit or revenue for yourself, your family, business and shareholders, but also making an impact in the community,” Bailey says.<\/p>\n![\"\"](\"https:\/\/assets.entrepreneur.com\/images\/misc\/1755795093_BrandonPhoto3.jpg?width=1000\")
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Learning the accounting fundamentals was a game changer<\/h2>\n
Streamlining the business’s messaging was also key<\/h2>\n
Leaning on mentors helped during tough times<\/h2>\n
Advice for young entrepreneurs<\/h2>\n