Evercondo is a Toronto-based real estate startup focused on simplifying and improving condominium communications by connecting residents to property management companies.
Managing a condo of hundreds of residents is no easy task; besides managing daily administrative tasks, maintaining good relationship with residents is vital. This entails attending to requests in a timely manner, keeping residents informed and always being reachable; however, until now, most of those tasks were done manually through spreadsheets, log books, paper forms and wall-mounted bulletin boards, causing miscommunications and dissatisfactions amongst residents. Evercondo is introducing a better, more efficient solution.
Evercondo was co-founded by Grant Yim (CEO) and Adrian Teh (CTO). Grant has a background in law and startups, is a mentor for startups at McGill University, and is licensed to practice law in Quebec and Ontario. Adrian is a full-stack engineer and has experience building large-scale web products. Formerly a consultant, he is a graduate of Queensland University of Technology in Australia.
Q&A with Evercondo’s CEO Grant Yim
What inspired you to start Evercondo?
Adrian, a condo board member, and I, a resident, had terrible experiences in condo communities. By investigating why the experience was so cumbersome and disjointed, we learned there is an opportunity to have property managers intelligently measure and improve their businesses, while also allowing residents added convenience and awareness of their properties.
How did you two meet?
We met regularly at tech entrepreneur meetups and appreciate each other’s work.
What were some of the biggest lessons you learned from your previous startup?
Build with the idea that you could possibly pivot one day.
You mentor startups at McGill. Have you been on the receiving end of mentorship? If so, how has it affected your own journey as an entrepreneur?
I have received a great deal of mentorship through my relationship with McGill. The advice I have received has affected me both personally and professionally. A mentor that embraces such a role can provide perspective and experience because quite simply, they’ve “been there, done that.” They can also connect you to key folks in the areas of investors, partners and other important stakeholders. I’m fortunate that McGill increasingly acknowledges and builds upon the importance of fostering such relationships.
What companies or founders inspire you?
The founders and companies that inspire me most are ones that have had polarizing innovations in not only product, but also in the ways they go about various functions in the company such as marketing, sales, and hiring. The first one that comes to mind is Mark Benioff and Salesforce because they’re really the first to turn the cloud concept into what it is today. In getting there, they’ve innovated amazingly in the areas of marketing and sales.
What traits do you look for in people when hiring?
Cultural fit, adaptability and drive to impact the world are very important. Work at an early stage is not glamorous, so the drive to achieve vision has got to be real. The ability to have fun and enjoy the journey is also necessary.
What has been your biggest challenge to date?
Lowering my golf score has been and remains a huge challenge of mine.
What about biggest win?
Making the leap from corporate to entrepreneurship represents a big win for any entrepreneur.
What advice can you give other founders?
Talk to as many customers and potential customers as possible — you’re solving their problems. Also, find and value your mentors.