In response to the spread of COVID-19, the Founder Institute has prepared a series of free webinars for entrepreneurs. To kick off the series Adeo Ressi, founder and CEO of Founder Institute, held an interactive webinar on the topic of "How Startups Can Cope with Coronavirus and Economic Recession" on March 18th with over 650 attendees.
In this webinar Ressi encourages people to be smart rather than afraid, to change financial practices in the short term (asking for discounts, cutting expenses by 20-25%), and to think about how founders can use their startups to positively contribute to mitigate and stop the spread of the Coronavirus.
The "Coronavirus Discount"
Ressi urges founders to
Be generous, people. Don’t fire someone if you can avoid it. Ask for the coronavirus discount, and you know what? When the [pandemic] passes, bring it back. Pay [vendors] their proper amount. We’re all in this together.
Insights into how long the Coronavirus will impact startups
Suggestions on how much capital startups need to survive this pandemic
Startup Ideas and Innovation Opportunities to Combat the Coronavirus
Be an awesome founder, have a strong impact
In addition to this Coronavirus-inspired webinar series, the Founder Institute is offering a public health fellowship, motivation, and a health-related website that is updated daily.
See the complete list of upcoming Founder Institute webinars here!