Schedule

This is where it all begins. During Orientation, we will review the Founder Institute program structure, curriculum, tools, and requirements. You will review why you have pursued entrepreneurship, and how you or your team will use the program to push your business or business idea forward.

Assignments

During Orientation, Founders and teams will be segmented into the “Standard Founder” or “Advanced Founder” assignment tracks, depending on the stage of their business or business idea.

These assignments are in addition to any custom "Special Assignments" Founders receive based on their specific challenges, and below is a small sample of the assignments you’ll complete through Working Groups and Office Hours:

Standard Founder Assignments

1. Progress - If you have started working on one or more ideas before the program, outline each of your ideas and any testing or progress made to date. 
2. Hotseat Pitch - Prepare a one minute verbal pitch for the weekly “Founder Hotseat”, where you present to Mentors during the sessions. Start with our one-sentence pitch template, and if you do not have a final idea yet, describe yourself and a field that you are passionate about and uniquely qualified to build a business around.
3. Co-Founders - If you are looking for a Co-founder, create a basic description of what you are looking for, and this will be shared with the rest of your cohort.

Advanced Founder Assignments

1. Program Goals - Outline the monthly objectives you or your team want to achieve with your business while participating in Founder Institute, including the specific support you feel that we can give you to succeed beyond the curriculum.
2. Key Performance Indicators - Outline the specific metrics or key performance indicators (KPIs) that you are currently using to track success. Analyze the validity of these metrics, and create a plan to share updated metrics and progress with your Directors every week in the program.
3. Hotseat Pitch - Prepare a one minute verbal pitch for the weekly “Founder Hotseat”, where you present to Mentors during the sessions. Start with our one-sentence pitch template, followed by why you are uniquely qualified to pursue the idea, and any progress that you’ve made to date.

In this session, Mentors will discuss best practices in product development and team management to release a world-class solution, prototyping your solution, speaking with your target customers and to get feedback, and more. Mentors will also provide Founders with feedback on their product’s development and progress.

Assignments

Below are just a few of the 10-15 assignments you’ll complete through Working Groups and Office Hours:

1. Intellectual Property - If you have not already, secure and protect the intellectual property for all of the work done to date. Examine the need for patents, if applicable, following our guidelines. 
2. Solution Goals - Evaluate the current state of your solution, and outline the three solution goals that you would like the next product release to solve for your target customers over the next year.
3. Project Team - If you have not already, organize the skills and roles needed to execute on your solution goals, whether using existing team members or supplementing through hiring or outsourcing. 
4. Product Roadmap - Develop a first or updated product roadmap, using our guidelines, in order to meet your solution goals with your project team.
5. Project Plan - Fine tune the schedule of releases in your product roadmap to be as simple as possible to each test one hypothesis of the business, using our guidelines.
6. Development Tools - Research and secure any development tools, technologies, or systems that you will need to create your solution and to manage the process.
7. Next Release Plan - Record the details about your next release, and describe the timing for its completion in a way that can be easily communicated to team members, partners, and other stakeholders in the business. 
8. Hotseat Pitch - Prepare a five minute presentation for the Mentor Progress Review that includes sufficient information to enable Mentors to evaluate your progress and plans.

In this session, Mentors will discuss how identify the roles needed to build a world-class company, how to develop a strategy to recruit, board and retain the best people for the roles, and more. Founders will also receive feedback from Mentors on their team plans and product progress. 

Assignments

Below are just a few of the 10-15 assignments you’ll complete through Working Groups and Office Hours: 

1. Outsourcing - Identify what roles you should outsource, and use your recent release work, sales, and program work to update or execute your hiring needs.
2. Candidates - Search for candidates to hire (including Co-Founders) by identifying everyone that you know who is appropriate, or leveraging the FI network, to fill the top two or three roles you are not planning to outsource.
3. Hiring Process - Develop a hiring and onboarding process using our guidelines to add team members into your organization, and begin executing on the process.
4. Test Projects - Develop at least one test project for each of your top two or three roles, which should create opportunities for a credible candidate to demonstrate their skills.
5. Advisor Review - Arrange a meeting or phone call with at least one of your advisors to discuss your outsourcing and hiring work. Present everything that you have done, and incorporate their feedback into your planning.
6. Recruiting Outreach - Based on the feedback from your advisors, create a list of events and activities that you will attend or undertake each week for the next three months to identify new candidates for the top two or three roles.
7. Time Allocation - Meticulously outline your “founder’s schedule” by allocating weekly blocks of time to address your core business activities, providing you with uninterrupted time to work on each activity.
8. (Optional) Founding Round Setup - If you don’t have sufficient capital to run the company for the next few months, then follow our guides to start a preparing documentation and research for a “Founding Round”.  

In this session, Mentors will discuss such topics as defining success for your company, the various tactics to grow a business, setting growth goals and milestones, communicating your startup’s growth progress and setbacks with stakeholders and advisors, and more. Mentors will also also provide Founders with feedback on their current growth and growth strategy. 

Assignments

Below are just a few of the 10-15 assignments you’ll complete through Working Groups and Office Hours:

1. Growth Plan Update - Review the performance of your growth goals and adjust your growth plan to improve your performance and accountability.
2. Sales - Push yourself for a second week to close new revenue or users, which may be signups, payments, a signed contract, a pre-payment or a signed letter of intent.
3. Growth Tactics - Work with your working group and advisors to brainstorm 15 new ideas to increase the top of your funnel and to accelerate the closing of sales, and provide a bulleted list of these Growth Tactics.
4. Pivot - Consider a pivot if you are not meeting your growth goals, sales, product or hiring progress targets. If you decide to Pivot, schedule a call with one of your Directors to discuss your proposed pivot in the business and do the same with your advisors.
5. Product - Work closely with your project team to make substantial progress on your next release, and work to ensure that each release takes about two weeks to complete.
6. Hiring - Review all of the candidates that have come through the various recruiting outreach channels and other activities, and identify the most effective channels.
7. Post-Program Schedule - Work with your cohort on a monthly meeting schedule where you will continue to meet, provide updates, and share learning on your progress. 
8. (Optional) Founding Round Follow-ups - Build your pipeline of potential “Founding Round” investors, meeting and securing commitments from at least one person. 

Graduating from the Founder Institute is an honor. The program is challenging, and the curriculum is demanding. In this final session, you will celebrate graduating with your peers, friends and family, as well as select Mentors who will discuss the important leadership qualities needed to run a successful company. You will also learn about all of the post-program resources and assistance that the Founder Institute provides.

Assignments

1. Accountability - Create a plan to keep yourself and the business accountable to your graduation plan and growth goals after the program.
2. Leadership - Analyze how you have grown as a startup leader during the program, highlighting the positives, negatives, and in which aspects you need to grow in the future. 
3. Vision - Review your original vision for the business, and describe why you are still excited to pursue the vision, and why your team and strategy are aligned to achieve it. 
4. Perseverance - Develop a system to press forward, stay focused and deliver value in the dark times inevitable to building a lasting business. 
5. Prioritization - Finalize your system to prioritize complex projects in equally complex situations, as well as your weekly routine and “Founder’s Schedule”.
6. Celebration - In addition to the FI celebration, plan a private group celebration with your peers. As a startup leader, it is important to celebrate all milestones and successes.