ACC1Ó

 

The ACC1Ó Fellowship is awarded to the most extraordinary applicant from the ACC1Ó Community, giving them the opportunity to enroll in the Barcelona Founder Institute for free. The recipient will be recognized as somebody with the utmost potential to become a successful technology entrepreneur.


The Barcelona Founder Institute is excited to partner with an organization that shares our goal of fostering a strong local startup ecosystem: ACC1Ó, a new start-up that helps companies scale up internationally, be financially viable, and differentiate themselves from their competitors. Through the ACC1Ó Fellowship, everyone from the ACC1Ó community is invited to apply to the Barcelona 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 ($900 value).


Eligibility: In order to be eligible for the ACC1Ó Fellowship for the Barcelona Spring 2016 Semester, you must complete your application and admissions test by January 17, 2015 using this link.


Grant: The recipient of the ACC1Ó Fellowship will be awarded within 5 days after the deadline.


Click here to apply for the ACC1Ó Fellowship.


Imagine

 

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


The Barcelona Founder Institute is excited to partner with an organization that shares our goal of fostering a strong local startup ecosystem: Imagine Creativity Center, an organization that shares our goal of fostering creativity and strong local startup ecosystems across the globe. Through the Imagine Fellowship, everyone from the Imagine community is invited to apply to the Barcelona 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 ($900 value).


Eligibility: In order to be eligible for the Imagine Fellowship for the Barcelona Spring 2016 Semester, you must complete your application and admissions test by January 17, 2015 using this link.


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


Click here to apply for the Imagine Fellowship.


Wayra

 

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


The Barcelona Founder Institute is excited to partner with an organization that shares our goal of fostering a strong local startup ecosystem: Wayra, a Telefónica Digital's global startup accelerator. Through the Wayra Fellowship, everyone from the Wayra community is invited to apply to the Barcelona 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 ($900 value).


Eligibility: In order to be eligible for the Wayra Fellowship for the Barcelona Spring 2016 Semester, you must complete your application and admissions test by January 17, 2015 using this link.


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


Click here to apply for the Wayra Fellowship.


The Existential Entrepreneur: I Am Therefore I Pivot, by John P. Muldoon

Posted by Jonathan Greechan on 2013-09-11

Founder Insight gives you feedback from the startup trenches.


In this post from his blog, John P. Muldoon (Co-Director, Dublin Founder Institute), outlines a talk by Paul Daniel, explaining why pivoting can lead you to the right product and the right customers.

Below, The Existential Entrepreneur: I Am Therefore I Pivot has been republished;

 

"In his talk at the March 2013 entrepreneur meetup, Paul Daniel spoke of the flexibility start-ups require until they find a sure footing.

The issue is not just finding customers. It is also about getting the right product to those customers, Daniel explained. And, while entrepreneurs may start out with a product idea in mind, the successful ones will often end up selling something different.

One classic example is the William Wrigley Jr. Company of Chicago, Ill. It was founded in April 1891 by Wrigley to sell soap and baking powder. In 1892, he came up with a promotion: A free pack of chewing gum with each can of baking powder.

“The chewing gum eventually became more popular than the baking powder itself and Wrigley’s reoriented the company to produce the popular chewing gum,” Wikipedia says. Before Wrigley was bought by Mars for $23 billion in 2007, its annual revenue was $5.4 billion. That’s a lot of sticky pavements.

That reorientation is now known as a pivot in start-up jargon. Wrigley the entrepreneur was prepared to experiment and adapt, and recognized that cleaving to his original idea was not the way to stay in business.

Even well-established businesses pivot. In his talks at the Irish Computer Society, Prof. Joe Peppard of Cranfield University used the venerable Rolls Royce as an example.

That company has gone from selling engines to “selling thrust,” Peppard said. A company that traditionally manufactured engines and cars has spun its business model and is now monitoring performances of those engines in real time and selling that service too, he said.

To bolster the case for flexibility, Daniel cited some of the definitions of start-up developed by experts in the field today.

Steve Blank on why startups exist: a startup is an organization formed to search for a repeatable and scalable business model.

Eric Ries defines a start-up as: A human institution designed to deliver a new product or service under conditions of extreme uncertainty.

Older definitions exist, of course. Legendary management guru, Peter Drucker said: An entrepreneur searches for change, responds to it and exploits opportunities.

Those definitions are all far removed from popular conceptions of entrepreneurs who have that eureka moment before selling widgets like hot cakes.

Instead, the definitions deal with uncertainty and searching. This is where the famed nimbleness of the small organization comes in to play. But the entrepreneur has to be nimble of mind, too. They have to be willing to ditch ideas that they see fail and they have to constantly examine their ideas’ effectiveness.

Ries recommends holding regular pivot meetings to avoid surprises and to avoid being forced in to last-minute changes before resources run out.

But Daniel cautioned against pivoting too soon because that, too, is a drain on resources. “Don’t be shy to feel the pain, too,” he said."


John P. Muldoon is co-director of the Dublin Founder Institute, which is currently testing demand to launch this Autumn. If you'd like to help bring this great program to Dublin, then fill out an Interest Form today. If enough people fill out this form and express interest by September 22, then the Founder Institute will formally launch a Dublin Chapter.

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