Premier Sponsor

Spiegel Sohmer

 Spiegel Sohmer is a firm of attorneys offering state-of-the-art expertise to a diversified business clientele seeking solutions that are innovative, concrete, and pragmatic. Our firm groups some forty five attorneys who concentrate principally within three broad specialties: business law (including Intellectual Property), tax law and litigation.  Spiegel Sohmer has extensive experience representing companies at all stages of their life cycle, from start up through to exit, and also represents a wide array of investors: www.spiegelsohmer.com 

Gold Sponsor

Richter

Richter is, above all, a financial consulting services firm offering strategic support and has been a recognized member of the business community since 1926. Richter entire team consists of more than 450 partners, experts, high-level professionals and administrative employees. Because of this collective expertise, our firm has an unrivalled reputation and has earned the respect of the business community.

National Bank helps home-grown businesses expand by offering them personalized service and banking solutions adapted to their needs. We strive to develop integrated, diversified and innovative business solutions that will meet the needs of your business at every phase of its existence. We offer a full range of financial services to individual clients, SMEs and large companies. Whatever your sector of activity, our team of experts will be able to advise you and assist you with every stage of your business growth. www.bnc.ca

Silver Sponsors

Futurpreneur Canada

Futurpreneur Canada is the only national, non-profit organization to provide financing, mentoring, and support tools for every business stage to aspiring business owners and startup founders: www.futurpreneur.ca

Kruger

Founded in 1904, Kruger Inc. is a major producer of publication papers, tissue, lumber and other wood products, corrugated cartons from recycled fibres, green and renewable energy and wines and spirits. The Company is also a leader in paper and paperboard recycling in North America. Kruger operates facilities in Quebec, Ontario, British Columbia, Newfoundland and Labrador and the United States. (www.kruger.com

 


 

Community Partners

NACO Canada

The National Angel Capital Organization (NACO) accelerates a thriving, early-stage investing ecosystem in Canada by connecting individuals, groups, and other partners that support Angel-stage investing. NACO provides intelligence, tools and resources for its members; facilitates key connections across networks, borders and industries; and helps to inform policy affecting the Angel asset-class.

Anges Quebec

Anges Québec’s mission is to help its angel investors make profitable investments in innovative companies in a wide range of industries and in all regions of Quebec. To this end, Anges Québec identifies the best entrepreneurs and business projects and supports the Anges Québec members who finance them.

RJCCQ

Le RJCCQ soutient un réseau de jeunes chambres de commerce et d’ailes jeunesse à travers le Québec, représentant plus de 8 000 jeunes professionnels, cadres, travailleurs autonomes et entrepreneurs âgés de 18 à 40 ans.

JCCM

La Jeune Chambre de commerce de Montréal (JCCM) est un regroupement de près de 1 600 jeunes cadres, professionnels, entrepreneurs et travailleurs autonomes âgés de 18 à 40 ans, ce qui en fait un des plus grands réseaux de jeunes gens d’affaires au monde.

Hacking Health

Hacking Health is designed to improve healthcare by inviting technology creators and healthcare professionals to collaborate on realistic, human-centric solutions to front-line problems.

NM

Noticias Montreal is a Spanish-language media based in Montreal and founded by a group of immigrant journalists. Its main goal is to provide the latest news, information and features about Montreal, Quebec, Canada. NM wants to offer a helping hand in the immigration and integration process of the numerous newcomers as well as promoting the Spanish language.

La Gare

La Gare is a collaborative workspace. A place to work, connect and learn in the heart of the Mile End.

 

A Reality Check: What Being an Entrepreneur is Really Like

Posted by Jonathan Greechan 1 day ago

Founder Insight gives you feedback from the startup trenches.

In this post from his blog, Berlin Founder Institute mentor, Ramzi Rizk, highlights the challenges startups face. Regardless of what ecosystem a founder calls home, he can be certain that others in every part of the globe will experience his triumphs and tribulations at some point or another.

Below, It Takes a Village has been republished with permission:

Being a startup founder is not the glamorous occupation outsiders make it to be.

For wide-eyed first-time founders, reality sets in very quickly. Regardless of how you get into it — because it’s cool, chasing that billion dollar exit, wanting to change the world, all of the above — a few months into the job, the only driver that keeps you going is unbridled passion for what you’re building. You will have to sacrifice your social life, your love life and most of your relationships, and anything but the utmost conviction in what you’re doing, and the stability that comes with that conviction, makes it extremely difficult to get back up when you inevitably stumble. It’s a wildly emotional roller-coaster that rarely ends well, a humbling experience to say the least, and a fast-forwarded career through a dark, twisting tunnel with only a flicker of light at the end to guide you.

 

There is no recipe for success, no checklist for viral growth.

95% of all startups fail. Founders know that going in, investors know that too, and manage their investments accordingly. We go in knowing the risks, and more often than not, we fail. Hopefully, we learn from those failures and do better the second, third and fourth time round. As a founder, you’re not everybody’s boss, you’re everybody’s employee. You’re not your own boss either. It’s the fullest full-time job there is, 7 days a week, 365 (366) days a year, and even taking the time to jot down some thoughts on your industry feels like time stolen from doing actual work.

 

It’s not all doom and gloom.

Founding your own company is an unbelievably rewarding experience. You’re shaping your own destiny and, in the case of social software, offering millions (hopefully!) of people a medium for expression and communication. The upside offsets the rarity of success. Along the way, you rely on your cofounders, and other founders, for support, commiseration and understanding.

 

Nowhere is that support more crucial than in a nascent ecosystem like Berlin’s.

Despite technology being a great equalizer: open-source repos, code snippets and StackOverflow know no geographic borders, our relative inexperience inherently implies more mistakes and more failures (celebrate failure, yay!). The decks are stacked against us: funding and exposure are harder to come by, legislation is still behind the times, and there is a blatant lack of open environments for sharing knowledge and experiences. Our great successes are average when compared to the Valley.

Facebook’s API is bloated. Tumblr wasn’t able to monetize, and Snapchat’s mobile clients suck. It’s easier to criticize than to create. If you’ve never built a product, you won’t understand the iterative process involved. You can’t fathom the need for hype in order to rise above the noise (ps: we don’t buy into the hype). If all you do is consult and mentor, without ever having been on the ride yourself, it’s easy to preach from your pedestal. “Armchair founders” and social media “experts” are always lurking, ready to jump at the chance of kicking one of us when we’re down, TROLLING, it’s sometimes called. Is it jealousy? Arrogance? Stupidity? Regardless, that’s their prerogative. They don’t get it. It’s easier to criticize than to create.

 

Innovation and failure are eternally intertwined.

WE know that. Outsiders, on the other hand, mostly hear the success stories, as well as the clichéd “we’re crushing it” answer most founders give, more as an attempt to convince themselves than as an honest answer to an overly simplistic “how are things?”. We can’t begrudge them their misconceptions, but we as founders must never follow their lead. We all benefit from the successes, and we all learn from the failures. It falls upon us, then, as founders and entrepreneurs, to have honest and open discourse in order to positively shape our ecosystem for years to come. My cofounders and I, and numerous others understand that. We happily share our learnings (evenings and Sunday afternoons only, naturally), and happily learn from others. We do it because we understand that we have a burden of responsibility that goes beyond our own companies’ interests. We do it to our own betterment.


Just to be clear, my first and foremost (and only, really) priority is EyeEm. I have no qualms about hiring away your best engineers or stealing your limelight. Beyond my own company’s interests, however, the ecosystem is my extended family. We may not all necessarily like each other, or agree on the value of each other’s companies, but we are still family, and family sticks together."

Click here to read more from Ramzi's blog.

(Image of businessman with suitcase photo by Shutterstock)

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