WSGR
Wilson Sonsini Goodrich & Rosati is the premier legal advisor to technology, life sciences, and other growth enterprises worldwide. We represent companies at every stage of development, from entrepreneurial start-ups to multibillion-dollar global corporations, as well as the venture firms, private equity firms, and investment banks that finance and advise them. The firm's broad range of services and practice areas are focused on addressing the principal challenges faced by the management, boards of directors, shareholders, and in-house counsel of our clients.

CodigoDelSur
CodigoDelSur is a designer and developer of digital products. Having worked with Founder Institute startups in the past, they come as a highly recommended Founder Institute referral. They are composed of highly skilled software, web, and mobile app developers, who are excited to incorporate the latest technologies into the applications they develop.

100Vets

 

Through the 100Vets Fellowship, any U.S. veteran or service member who wants to start a technology company can apply to a U.S. Founder Institute chapter for free, and the best overall applicant from each chapter will be invited to participate in the Founder Institute's step-by-step startup launch program for free as well.


Veterans and active service members possess the work ethic, high character, and strong leadership skills needed to launch meaningful and enduring technology companies. To inspire and enable the military community to build technology companies, the Founder Institute has partnered with Vet-Tech, the nation's leading startup accelerator for military veterans, to offer the 100Vets Fellowship.

Through this Fellowship, any U.S. veteran or service member who wants to start a technology company can apply to a U.S. Founder Institute chapter for free, and the best overall applicant from will be invited to participate in the Founder Institute's step-by-step startup launch program for free as well.

Learn more about the program at http://FI.co/vets.


Eligibility: In order to be eligible for the 100Vets Fellowship for the upcoming semester, you must complete your application and admissions test by Sunday, December 11th, 2016, using this link.


Grant: The recipient of the 100Vets Fellowship will be awarded within 5 days after the deadline.


Click here to apply for the 100Vets Fellowship.


Xero
Xero is everything you need to run your business financials. Work with a beautiful small business accounting software complete with accounting, invoicing, payroll, inventory and more. Xero seamlessly integrates with over 500+ business apps, including CRM, point-of-sale, time tracking, ecommerce, just to name a few. Join the 700,000+ businesses using Xero in more than 180 countries.

Startup Weekend

 

Through the Startup Weekend Fellowship, members of the Startup Weekend Community who want to start a technology company can apply to the Silicon Valley Founder Institute chapter for free, and the best overall applicant will be invited to participate in the Founder Institute's step-by-step startup launch program for free as well.



Eligibility: In order to be eligible for the Startup Weekend Fellowship for the upcoming semester, you must complete your application and admissions test by Sunday, December 11th, 2016, using this link.


Grant: The recipient of the Startup Weekend Fellowship will be awarded within 5 days after the deadline.


Click here to apply for the Startup Weekend Fellowship.


Why All Successful Entrepreneurs Should Mentor New Startups, by Australia’s Top Mentor, Phil Morle

Posted by Jonathan Greechan on 2014-02-05

Earlier this year, the Founder Institute recognized 13 extraordinary mentors, who went above and beyond to help entrepreneurs launch hundreds of meaningful and enduring companies in 2012. Among these exceptional individuals, is Phil Morle, Co-Founder of Pollenizer, a full service startup investment machine in Australia.

Phil recently sat down with Startup Smart and shared the 5 top things startups should know about mentoring. Below is an excerpt; 

  

"The start-up world is volatile and founders need mentors

Morle says while mentors are valuable in every business, they’re critical for start-up founders.

“The start-up world brings the need for mentors into stronger relief because things change so fast, and it’s all so volatile,” he says.

“We’re all still learning the principles of what’s important for an early stage tech start-up for the first time. So even if your mentor learned these last year, you can save time by not reinventing the wheel.”


The start-up scene is booming and mentor-led

“The range of mentors is definitely growing in scale and depth which is great for the entrepreneurship community. As it grows, people have been mentored themselves and understand the need to give back. We have an implicitly mentor-driven ecosystem which is powerful,” Morle says.

He adds the challenge for mentors is the vast range of opportunities available for aspiring entrepreneurs and the still small number of mentors.

“One of the challenges we have in Australia is the mentor pool is still stretched very thin, as we’ve got so many events,” Morle says.

“But we’re in the second wave of mentorships now, where we’re seeing mentors are beginning to gravitate around certain programs that are going to provide a good fit for entrepreneurs and mentors.”


Actually listen to each other

Finding a good match is important, but Morle says this is only the beginning of an effective and productive mentoring relationship.

“Entrepreneurs need to find someone who can meet their skills gaps and truly listen to what they have to say. Mentors need to listen to and truly absorb what the entrepreneur says too, and not just spout smart answers that may not be true in that start-up’s situation,” Morle says.


Seek mentoring but make up your own mind

Despite and perhaps sometimes because of the power of mentoring, entrepreneurs can rely too much on external expert advice and not take the time to digest and apply the insights to their own business, says Morle.

“Take lots of inputs and then define your own strategy. What I see happen frequently in the start-up world, which is rich and full of mentors, is entrepreneurs change their mind because an expert guru gives them advice. The entrepreneur then pivots their whole business without absorbing those ideas, talking about them and implementing your own strategy based on those.”
 

Morle’s top two tips

While mentors are at their most useful when they can speak directly to the challenges their mentee presents, Morle says he has two tips that most entrepreneurs still don’t habitually do.

“The big one is focus. It’s the mantra of Pollenizer. People start off trying to go too big, too soon with a defused message and value,” Morle says.

“The other is to release as soon as you can. Validate your idea with a real customer to see if you’ve got a good one.”

 

Read the full article on Startup Smart: Top five mentoring tips from Australia's newly named highest rated mentor.

If you are looking to launch a company in Australia, then apply to the Founder Institute today. Applications are currently open in Sydney and Perth


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Why All Successful Entrepreneurs Should Mentor New Startups, by Australia’s Top Mentor, Phil Morle

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