Schedule

This is where it all begins. During Orientation, we will review the Founder Institute program structure, curriculum, tools, and requirements in detail. In addition, you will identify mentors that can help you get the most out of the program, meet the other founders in your cohort, and learn more about their ideas and skill sets. Assignments for this session include creating a plan to complete the program, watching recommended Founder Institute training videos, and more.

The best startup ideas are formed from the intersection of a real customer problem and your personal strengths and passions. During this session, you will learn how to form, communicate, and analyze startup ideas in a structured manner. By the end of the week, you will form and analyze several business ideas (or three variations of the same idea) that you could realistically spend the next 20 years working on, and begin interviewing potential customers about their problems.

Large and fast growing markets have the power to elevate mediocre companies into greatness, and conversely, dying markets can doom otherwise solid companies. In this session, you’ll learn how to systematically research your market and gain a deep understanding of your target customer. Assignments include competitive research, defining your key business assumptions, interviewing additional potential customers, and more.

Strong unit economics are essential for a strong business. This week, you will learn the components and key metrics of different revenue models from experienced CFOs and Founders. Then, you will build a number of financial models for your ideas, speak to potential customers, select a single revenue model to pursue, and more. In addition, you will use all of the research performed to date to select your final startup idea to build in the program.

The Mentor Idea Review is the first major test in the Founder Institute Program. During this session, every founder presents a three minute pitch to a large number of entrepreneur and CEO mentors for evaluation and feedback. These mentors will grade you on many criteria, such as the validity and market potential of your ideas, and your understanding of your target customer. After the session, you will incorporate their feedback into your planning, begin to set up your company and marketing infrastructure, and more.

Similar to the "Mentor Idea Review", this is the second major test in the program. In the “Mentor Progress Review”, you will present a three minute pitch to a large number of mentors for feedback and evaluation, focusing on aspects like your recent progress and product planning. Afterwards, you will incorporate their feedback into your pitch deck, revenue, hiring, and product plans, begin forming the advisory board for your company, and more.

If you can’t get customers to use and pay for your product, then nothing else matters. During the session, you will learn how to “hustle” to identify and close your first customers from entrepreneurs that have done it before. Then, you will put everything you have built to the test, by releasing your first product (if you have not already), securing your first (or new) customers, testing different pricing, and more.

Most people that enter the program do not make it to Graduation, because the Founder Institute curriculum is very demanding. However, the select few that Graduate have achieved several years of progress on their startup in just a few months. We typically celebrate the Graduating class with a small event attended by family members, mentors, investors, and more. Afterwards, Graduates gain access to the Founder Institute network, tools, and ongoing resources… and the real work of building and growing an enduring company begins!