Online clothing swapping site 99Dresses, founded by Nikki Durkin from New South Wales in 2010, has been growing since the day it launched.
The young entrepreneur said that it was a tough go launching the site, but once she got it up and running, she valued the experience and learned a lot from it.
“The most challenging thing is figuring out you’re going to run out of money before you’re going to take off. It’s frustrating; it’s a tough feeling. You feel like you’re drowning a bit, but I got very lucky,” Durkin says.
That luck was in the form of her decision to enter a $10,000 business competition, which she won, followed by her admission to Y Combinator — an organisation that provides seed funding to a select number of start-ups.
