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

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: www.richter.ca

Futurpreneur
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

WeWork
World's leading provider of space, community, and services to help you make a living

Fundica
Connecting entrepreneurs with funding resources. The Fundica Roadshow stops in 10 of Canada's top business cities. Join Fundica Roadshow for inspirational RoadTalks provided by great speakers and network all day. Every city's best pitch wins a trip to pitch in San Francisco and prizes from their partners!

Adeo Ressi on Predicting Entrepreneurial Success - @Forbes Interview by @JJColao

Posted by Jonathan Greechan on 2012-11-21

One of the most distinctive tenets of the Founder Institute is the unique application process, which, as many of you may know, includes an hour-long aptitude test. A bit unconventional compared to our peers, the test aims to measure the success of potential and current participants of the Institute.

Our unique approach sparked the curiosity of Forbes writer J.J. Colao, who recently wrote an article entitled “Can An Hour-Long Aptitude Test Predict Startup Home Runs? Adeo Ressi Thinks So”. Colao interviewed the Founder Institute’s CEO, Adeo Ressi regarding the institute and the test, digging to the premise behind why it is an integral part of enrollment.

The basic premise of the test was originally to eliminate admissions bias - the fact that venture firms funded mostly 20-something white male Ivy League grads annoyed Ressi, hence he sought to develop a means of introducing diversity to the startup ecosystem. With over two years in use and over ten thousand test results measured, the Founder Institute and the test’s developer have determined that “entrepreneurs have more in common with artists than they do with managers" and don't always score highly on IQ or conscientiousness. A somewhat surprising find that indicates successful entrepreneurs lean more towards open mindedness, “a Big Five [personality] trait associated with curiosity, creativity and a penchant for novelty."

Any practice that is viewed as out of the ordinary naturally evokes some amount of skepticism, however, so far the the test has proven to be highly successful, and a great asset for predicting entrepreneurial success. To learn more about the aptitude test read the full article on Forbes here. The article will also appear in the December 10th print issue of Forbes Magazine.

Adeo Ressi on Predicting Entrepreneurial Success - @Forbes Interview by @JJColao

* indicates required
X

Feedback Form

We welcome your feedback to improve the Institute. Please contact us using the form below, and we will get back to you promptly.
Your Email Address:
Message to the Institute:
What is ? (enter the answer below):
Close Window