Shulman Rogers
Shulman Rogers, a full service law firm with nearly 100 attorneys, provides corporate services including business planning, mergers and acquisitions, securities, employment, intellectual property, immigration, government contracting, tax, telecommunications, cybersecurity, corporate governance, as well as other areas. In addition, the firm has vast experience in real estate transactions, both commercial and residential closings, leasing, landlord-tenant, commercial development, acquisition, sales and related matters. Our litigators offer extensive experience in complex litigation, and all methods of dispute resolution including mediation and arbitration. Personal legal services include trust and estate planning, family law, real estate settlements, medical malpractice and personal injury.

Startup Our Vets

 

Through the Startup Our Veterans 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 Washington DC 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 "Startup Our Veterans" 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 FI.co/vets.


Eligibility: In order to be eligible for the Startup Our Veterans Fellowship for the Washington DC Spring 2016 Semester, you must complete your application and admissions test by Saturday, April 30, 2016, using this link.


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


Click here to apply for the Startup Our Veterans Fellowship.


Planning Solutions Group
Planning Solutions Group is a financial planning firm that specializes in developing innovative concepts for wealth creation and preservation. PSG is comprised of 3 partners with over 60 years of combined industry experience, a team of associate planners, and a dedicated support staff which includes two an attorney who provides advanced estate and tax planning solutions, and a Chartered Financial Analyst (CFA) for the development of creative investment strategies.

CONNECTPreneur

 

The CONNECTPreneur Fellowship is awarded to the most extraordinary applicant from the  CONNECTPreneur Community, giving them the opportunity to enroll in the Washington DC Founder Institute for free. The recipient will be recognized as somebody with the utmost potential to become a successful technology entrepreneur.


The Washington DC Founder Institute is excited to partner with an organization that shares our goal of fostering a strong local startup ecosystem: CONNECTPreneur, a quarterly forum of 350+ top IT entrepreneurs and investors in greater Washington DC region. Through the CONNECTPreneur Fellowship, everyone from the CONNECTPreneur community is invited to apply to the Washington DC Founder Institute for free, and the best overall applicant from the community will receive a Fellowship to participate in the program for free as well ($1,650 value).


Eligibility: In order to be eligible for the CONNECTPreneur Fellowship for the Washington DC Spring 2016 Semester, you must complete your application and admissions test by April 3, 2016, using this link.


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


Click here to apply for the CONNECTPreneur Fellowship.


Is Live Planning the Key to Launching Sustainable Startups?

Posted by Jonathan Greechan on 2013-08-12

In a recent Wired article, Palo Alto Software CEO, Sabrina Parsons, asks “what causes some startups to succeed while others to fail?”. Intrigued by the Founder Institute’s graduate success rate, Parsons touts the Institute’s focus on lean methodologies as the key to success. By encouraging this “fail fast” strategy in the Institute’s four-month program, new startup founders also engage in “live planning” to ensure success in the long run.

Below, a portion of Live Planning: The Key to Launching Sustainable Startups has been republished;

 

"If you believe popular consensus, the answer to solving economic problems lies in Silicon Valley. According to a Kauffman Foundation study, startups are responsible for most of this country’s net growth. Yet, another study from the Harvard Business School found that three out of four startups will still fail. Startups need to grow sustainably to have any significant economic impact.

What causes some startups to succeed while others fail? One well-known startup accelerator’s focus on business planning strategies is leading to tremendous success and may provide the antidote to failing startups.

The Founder Institute is a business accelerator program for some of the world’s most promising high-tech entrepreneurs. The highly-selective program has launched over 800 companies since its inception in 2009, and an impressive 91 percent of these companies are still in business. The Founder Institute’s success is largely based on the program’s world-renowned mentoring approaches and emphasis on the “lean startup” method combined with effective business planning and tracking strategies.

For high-tech startups like those launched through the Founder Institute program, the lean startup methodology is one way to determine marketability of a product. This methodology encourages a ”fail fast” strategy that allows entrepreneurs to quickly pivot and alter their product to meet market demand before heading down the wrong path.

While this approach is a great way for entrepreneurs to quickly determine the real problem their product solves, market experimentation can’t replace business planning all together. Once a startup’s business model has been validated using strategies like those encouraged by the lean startup method, it’s important that entrepreneurs engage in “live planning” to ensure success in the long run.

Live planning is a two-step process that includes both planning and performance tracking. With live planning, an entrepreneur creates an expense budget and a sales forecast, high-level strategic goals, and ties those goals to milestones with implementation dates. The entrepreneur then uses the financial forecast and the milestones and tracks their progress against actual results, which gives a company the ability to quickly understand missed assumptions, and pivot accurately and in the right direction. Live planning not only teaches entrepreneurs to think ahead, but also helps clarify quickly whether they are on the right path towards profitability and positive cash flow.

The key to live planning is in measuring actual performance against the plan, once core “product/market fit” assumptions have been validated. Instead of traditional business planning where the plan is often not revised, live planning constantly evolves the plan based on actual results and real-time performance tracking."

 

Click here to continue reading Live Planning: The Key to Launching Sustainable Startups.

 

About Palo Alto Software:

Palo Alto Software is a provider of small business tools worldwide with the single goal of helping other small businesses grow and become successful. We now offer several software products and an extensive library of free expert content to help small businesses succeed.

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