The entrepreneurial journey: “I just quit my job. It’s the first time I’ve done that to go full-time with a startup”

The ecstasy coincides with the signing of the investment agreement, but it can quickly turn into a trip to the coal cellar if product development fails or the market turns.

All entrepreneurs experience big ups and downs. We focus on them in “The Entrepreneur Journey”, where every week an inspiring entrepreneur gets the opportunity to share their experiences, challenges and triumphs from startup life.

Victor Ipsen Wolthers has always loved the responsibility that comes with working in a startup, and as a student at CBS it was time to embark on his first app project. Together with two partners, it became FoundCrowd, which was to be a help and community platform for entrepreneurs. The ambitions were high, and the small team created over 300 help videos for their app. But they had to keep building and the concept didn’t quite turn out as they had hoped. But the experience was good.

After graduating, Foundcrowd was shelved and Victor Ipsen Wolthers had an idea. He wanted to make it easier for budding entrepreneurs to get help from a mentor. It became the online platform Bluementor, which quickly took wings and took off with over 160 mentors. Despite the solid foundation, it never became a way of life.

Victor Ipsen Wolthers has quit his day job and embarked on a new startup adventure – the video and community platform Vedio. Here he will use all his previous experience and live out his entrepreneurial dream.

What has been the wildest moment in your entrepreneurial journey?

There are more wild moments. When we made Foundcrowd, it was crazy to hold an app in your hand that you had helped create yourself. It was a completely crazy feeling. I was so proud! It was also great to see the first meetings being facilitated in Bluementor. It’s an indescribable feeling when you’ve built something that others need and use.

But I feel like I’m in the middle of the wildest moment. I’ve just quit my job. It’s the first time I’ve done that to go full-time with a startup. It feels like a huge moment to go from a permanent position with a fixed salary to jumping into this.

I get a lot of ideas all the time, but my gut feeling is right about Vedio. We already have customers and there is a good financial perspective. I’ve always dreamed of being my own boss and creating something that I can make a living from. Now I have that opportunity.

What is the most important thing you’ve learned about yourself on your journey?

I’ve learned that I need a team around me. I’m very social as a person, so I need to create something together with others. When we started Foundcrowd, I lived in Copenhagen, while my two co-founders lived in Aarhus. With Bluementor, I was very much alone with the whole operation and I lost a lot of motivation as I had no one to sharethe ups and downs with.

In Vedio, I have an equal partner and co-founder in Casper (Holmenlund Christensen, ed.), and our collaboration is definitely a great motivation. So I’ve learned to a great extent that I need people around me.

Where will you be on your entrepreneurial journey in five years?

As I said, I get a lot of ideas all the time. So I probably won’t have the same company for 20 or 30 years. The dream is that in five years we’ll have built a company that creates value for as many customers as possible. And that we have created a team of employees who are happy to come to work.

It’s also a small dream that Casper and I can exit Vedio and become a small startup factory with funds to invest in other projects. Spotting projects that you can invest in and help, that’s what I really dream about. I would love to be able to do that.

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