11
2 Comments

Intrinio's Founder Rachel Carpenter: "I knew in that moment I would never work for someone else."

Today, Rachel Carpenter's the co-founder and CEO of the FinTech firm Intrinio. But before she was calling shots, a single comment from a single bad boss altered the direction of her entire life.

I almost got fired once for putting the wrong stamp on an envelope. "You'll never be successful if you behave like this," my boss said. "It's only 50 cents, but this inattention to detail on a larger scale is going to sink you."

I lost it. I was studying Finance, but the next day I added Entrepreneurship as a second major. I knew in that moment I would never work for someone else for the rest of my life.

I turned down all the job offers I received. I slept on a couch for a year. I taught myself to program. I stayed in roach-filled hostels on a bunk bed in NYC while pitching clients and investors. I barely made my rent while my friends were taking stable jobs, enjoying healthcare benefits, and starting to build their 401(k)s. They didn’t understand. They asked me what my "Plan B" was. I lost a lot of those friends.

I never stopped, because I never forgot the manager who belittled me, micromanaged me, and left me frustrated and underutilized. Today I'm the CEO of a rapidly scaling financial technology firm using machine learning and data science to power thousands of algorithms, apps and innovations. I write for Forbes. I've spoken all over the world. And I'm on the other side of the management table now, with 13 employees.

I'm almost happy for the existence of bad bosses. Sometimes the most wonderful things can come out of frustration, when you decide you've had enough. I think of her often. I promise myself I will be different. I will lead my team with encouragement and give them space to fail. I'll never be like her.

Sign up below 👇 to get real stories from real founders every week.

posted to
Icon for series Indie Hackers Stories
Indie Hackers Stories
on November 27, 2020
  1. 2

    It's hard for me to put into words how inspiring this story is and how much I can relate to it.

    1. 1

      This story really got me too @markmulvey! Rachel's so inspiring. Wishing you the same grit and courage on your journey. :)

Trending on Indie Hackers
How we got 100+ clients in 48 hours from Product Hunt User Avatar 15 comments Meme marketing for startups 🔥 User Avatar 11 comments Aimfox launched on Product Hunt today! 🤩 User Avatar 6 comments QR Feedback - Marketing Ideas? User Avatar 2 comments AI is Coming to Fuzen in January! 🚀 User Avatar 1 comment Google Whisk - Generate images using images as prompts, not text prompts User Avatar 1 comment