Millionaire Mom’s Empire Started In A Dorm
Millionaire Mom’s Empire Started In A Dorm, Genevieve Thiers is the quintessential example of today’s new- aged “mompreneur.” Faced with the recurring question all college students confront “what will I do with my life?” Genevieve has now provided her own answer. As the founder of Sittercity.com, America’s first and largest network to connect parents with sitters. Genevieve had humble beginnings in the her Boston College dorm room.
In 2001, the Sittercity.com “empire” was launched in Genevieve’s breakthrough moment watching a soon-to-be mother struggle up 200 steps posting flyers to find a babysitter at her college campus. Genevieve recalls thinking “Gosh, this should be so much easier. Why can’t someone just put all the caregivers in the country or the city together in one place?” And, that is exactly what Genevieve went on to do. Today, Sittercity.com has over a million registered caregivers, makes a parent/sitter match every 3 minutes, and is used by the US government and millions of eager mommies in search of that special sitter.
Assembling all the caregivers in the country in one central location was no easy task – especially for a college student.
Sittercity.com expanded quickly, employing more than 15 people after several years in business, but Genevieve desperately needed strong investors to take the business to the next level. “When I first pitched Sittercity to investors I was laughed out of the rooms. One guy went so far as to tell me that his wife handles that,” recalls Genevieve. Adding insult to injury, Genevieve was about to face one of the most difficult times in her life. The collapse of Lehman Brothers spawned a domino effect with investors retracting across the board. “It was like garage doors slamming down, I thought I was going to lose everything. “