At the Founder Institute, you won't "learn" how to build a business. Rather, you will build your business alongside top startup experts using a proven, structured process that has helped some of the world's fastest growing companies raise over $1.85BN.
Our core program includes a series of challenging growth sprints, in addition to Weekly Feedback Sessions where you will receive constant feedback on your progress from experienced Mentors and Investors.
See the schedule for the Sofia Fall 2017 program below.
The Final Application Deadline for the Sofia Fall 2017 program is Oct 22, 2017, and you can apply to the program at FI.co/join.
This is where it all begins. During Orientation, we will review the Founder Institute program structure, curriculum, tools, and requirements. You will start to review why you have pursued entrepreneurship, and how you will use the program to be successful. We will review the progress that you have made to date and start to build a system for your success.
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 based on real customer problems that you could realistically spend the next 20 years working on, and begin interviewing potential customers about their problems.
Large markets with viable customers have the potential to elevate great ideas. In this session, you will work to identify actual customers and further validate your key assumptions. You will identify the best revenue stream for the business and ensure that the market is large enough to support a fast growing startup. By the end of the week, you will have a clear sense of your ideal customer and be in a position to start building a leading technology company.
Your name, your brand and your design are the starting point for all of your company’s marketing. In this session, you will learn the components of great company names, and how to position your product effectively in the eyes of the consumer. By the end of the week, you will brainstorm and analyze a variety of names, select a final name after performing more customer research, and begin the process of establishing your company’s online presence. In addition, you will build your first pitch deck, and begin the process of branding your company with a logo and other key materials.
Great businesses have a strong revenue model. This week, you will learn the components and key metrics of different revenue models from experienced CEOs. Then, you will examine a number of revenue models for your ideas and speak to potential customers. By the end of the week, you will select a single revenue model to pursue and 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 their customer problem to a panel of CEOs who review the idea and the progress in detail. After the session, you will incorporate their feedback into your planning, begin to set up your company and marketing infrastructure, and more.
A company is a collection of agreements between various stakeholders. In this session, you will learn the best practices to set-up a technology business in your locale. This week, you will start to create the company and the various legal agreements, including protections for any intellectual property. Learn how to do the finance management. By the end of the week, you will have retained a top law and accounting firms and be well on your way to having a well-formed business.
A viable go-to market strategy is the key to every fast growing technology company. In this session, you will learn about how to develop messages that resonate with target customers, how to reach your target customers and standard ways to measure the effectiveness of your efforts. Before the next session, you will have a go-to market plan and start to secure initial customers through a repeatable process.
A great solution is mandatory for any modern technology company. This week, you will learn the best practices in product development and team management to release a world-class solution. Over the week, you will identify the resources, draft a specification and create a product roadmap to release your solution.
Similar to the "Mentor Idea Review", this is the second major test in the program. During this session, every founder will present their progress to a panel of CEOs for a detailed review of the progress to date. Afterward, you will focus on building a fast growing technology startup, making weekly progress with building the product, with signing customers and with hiring key team members.
A great team is required to achieve great success as a technology company. In this session, you identify the roles that you need to build a world-class company, including analyzing if you need a Cofounder, and you will develop a strategy to recruit, board and retain the best people for the roles. Before the next session, you will have a process in place to always be recruiting top talent within your evolving organization.
Fundraising is the strategy for most modern technology companies. In this session, you will learn about the different fundraising options and learn how to get started. Before the end of the program, you will understand what metrics are required to be successful fundraising and have a fundraising strategy for the next few years.
Graduating from the Founder Institute is an honor. The program is challenging, and the curriculum is demanding. In this session, you will celebrate graduating with your peers, friends and family, as well as select Mentors discussing leadership. Following this session, you will work on your leadership style. As a Graduate, you will gain access to a global network and further programs to help with fundraising, growth and other business acceleration.
Post Program Resources
The 4 month Core-Program is just the beginning. We have developed extensive support programs and resources for our Alumni that far exceed any other comparable startup program.
Continued Support
- Dedicated Alumni Support Team in Silicon Valley
- Access to the world's largest network of mentors and investors (35,000+)
- Private Alumni mailing lists
- $2M+ in partner discounts
- Invites to FI sessions & network events
- Potentail introductions to investors
Post-Programs
- A series of virtual advisory programs where you work with our Silicon Valley HQ team to reach next milestones
- Funding Lab helps get your lead investor within 6 months
- P/M Fit Lab (2023) helps you get to Product Market Fit
- FI Venture Network helps you get intros to investors
- 100% customized and FREE for Alumni