David Gritz

David Gritz

Co-founder of Hatch House, Real Estate Investor, and Public Speaker. Hatch House Ventures is a live-work start-up incubator for seed entrepreneurs. We are now building software to virtualize incubators and university entrepreneurship programs

LinkedIn: https://www.linkedin.com/in/davidgritz
Bethlehem, PA
Member since March 04, 2016
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Serial entrepreneur with startup experience in EdTech, FinTech, and Real Estate. Always looking to meet interesting people and share experiences. Quote_down
  • About
Investor interests
Locations of interest
Credentials None
Education
2011 Lehigh University , BS , Systems Engineering

Companies I've founded or co-founded:
Virtual Incubator Network, Hatch House Ventures, Perfect Burpee, DG Homes
Companies I work or worked for:
uBlanket, Computer Aid, Zero (Insurance)
If you're an entrepreneur or corporate innovator, why?

I want to change the world.

My favorite startups:

Income&, OnDeck Capital, Lending Club, Prosper, Airbnb

What's most frustrating and rewarding about entrepreneurship/innovation?

Most frustrating: Knowing all of the next steps and plans ahead, but being in the speed you can move by your available capital, development cycle time, or sales cycle.

Most rewarding: Building an amazing product and recruiting an outstanding team

What's the No. 1 mistake entrepreneurs/innovators make?

No. 1 mistake is failing to plan for the next level. Most entrepreneurs from my experience focus on the next step or their current order of magnitude but forget to plan for their distant future or next order of magnitude.

What are the top three lessons you've learned as an entrepreneur?

1. You make money when you buy - It goes without saying but if you pay to much for an asset or and opportunity, it is almost impossible to make it up later. Always take the time to evaluate the deal and do your due diligence up front.

2. Build it to scale - It is often easy to get something done because you know how to do it, but it is much hard to build a system to get things done for others that don't know how to do it

3. The quality of your co-founder is the quality of your company.

Full bio

David is the co-founder Hatch House Ventures, a live-work start-up incubator, and serial entrepreneur. Prior to Hatch House, David founded DG Homes, Perfect Burpee, and GoodSemester (now Squareknot). At DG Homes, David built a real estate portfolio to over a dozen homes and completed almost twenty renovation projects.  At Perfect Burpee, he managed the product development and establishment of an international supply chain for a high intensity fitness mat. Perfect Burpee was one of the fastest funded fitness Kickstarters garnering national press in AskMen, Boston Globe, and Self Magazine. At GoodSemeter, David built an online learning platform for course information for students. Parallel to his entrepreneurial career, David also served four years at Computer Aid, a 4,000 person IT consulting business. At Computer Aid, he served as the Director of Business Partnerships where he built an alliance of IT companies representing over $2 Billion in turnover. David graduated from Lehigh University with a dual degree in Industrial Engineering and Business. He currently resides in Allentown, PA.