Big Bets: How a 12-Month Bootcamp Transforms Low-Income Youths Into Whiz Kids

Gerald Chertavian first met David Heredia, a 1o-year-old boy from the Dominican Republic, nearly 30 years ago; the relationship would prove to have lasting impact. Through a Big Brother program, Chertavian spent most of his Saturdays with the boy and his family in Rutgers Houses, one of New York City’s most dangerous housing projects at the time. “Talking with David and his four older brothers — seeing where they were starting from and what was in their grasp, listening to their dreams and hopes…that absolutely changed my life,” he says. Chertavian had a successful career on Wall Street and built a technology firm, which he and his partners sold for $83 million. But he never forgot Heredia and other low-income youths he met that weren’t part of the mainstream economy. So in 2000 he founded Year Up, a job training program for disadvantaged young adults that guides them into careers at large corporations.
In this first episode of our Big Bets series, Chertavian discusses the challenges he faces as he aspires to take Year Up from an organization that helps thousands of kids escape poverty to one that helps millions.
Since the original publication of this story, Gerald Chertavian, founder of Year Up, has become a NationSwell Council member.
MORE: America the Brave — 8 Ideas Set to Change Our Country

Big Bets: 8 Game-Changers Shake Things Up to Solve Our Country’s Challenges

We know about the challenges.

We know that too many young people are struggling to find employment and a ladder up; that too many children fail to receive the sort of education they need to flourish in the 21st century world; that more young people should be given the opportunity to partake in some form of national service — and that too few actually do.
At NationSwell, we are deeply concerned about these problems, and we are always grateful to find a smart report or analysis of the challenges. Developing a true and deep understanding of a problem is the first step in solving it.
But it’s what comes next that truly excites us — and defines our mission.
It’s the innovators, the pioneers, the change-makers who not only understand these national challenges and all of their complexity, but who also dare to solve them. At NationSwell, we are ever-focused on finding them, telling their powerful stories and driving action in support of their efforts.
Who are these leaders, what are their visions for change, what motivates them — and what, exactly, are the big bets they are making to advance our country?
NationSwell sat down with eight innovators at the Gathering of Leaders, an annual event held this past year in Napa, Calif., hosted by leading venture philanthropy organization New Profit, for a series of extraordinary conversations in which we posed some of those very questions.
The answers we got were as varied as they were illuminating — and, to us, heartening. If the odds are anything like Vegas, some of these risk-takers will fail and some will succeed. But, in thinking creatively and acting boldly, what these men and women are doing to tackle our biggest national challenges demands our consideration — and participation.
We invite you to watch and be part of the conversation as we present the NationSwell series: “Big Bets”.
All the best,
Greg Behrman
Editor-in-Chief
NationSwell
 
MORE:Big Bets: How to Bridge the Gap Between Practitioners and Policy Makers