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Madrid Spring 2013

Program Schedule

Our flagship 'FI Core' program combines structured sprints with constant feedback to help you reach the milestones needed for investment and growth.

ene 20

Early Application Deadline

feb 17

Final Application Deadline

feb 25 06:00 pm week 1

Startup Basics and Orientation

What do you need to know to be successful in the Founder Institute? What can you expect from launching a startup? What traits are required to be successful?

Date
feb 25, 2013
Time
10:00am CST

Sprints

Every Founder follows the Agentic Track — an AI-personalized curriculum that adapts each sprint to be more advanced or more basic based on your stage, with powerful free AI agents to help complete the work.

The below deliverables are in addition to any custom "Epic Sprints" you may receive based on your specific challenges, and are just high-level previews of the 10-15 deliverables you'll complete through Working Groups and Office Hours:

Deliverables

The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

  1. Office Hours - Book your first Office Hours with Local Leaders and Mentors to get guidance on the next steps for your business.
  2. Hotseat Pitch - Prepare a one sentence verbal pitch for the weekly "Founder Hotseat", where you present to Mentors during the Feedback Sessions.
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
feb 26 06:00 pm week 1

Vision and Values

What are you passionate about? What is your vision? How do you translate your passion and vision into a business idea? How do you brainstorm ideas? What are the tools for evaluating your ideas? What are the makings of a good idea versus a bad idea? Should you pursue multiple ideas at once, and when should you focus on one?

Date
feb 26, 2013
Time
10:00am CST

Sprints

Below are just high-level previews of the 10-15 deliverables you'll complete through Working Groups and Office Hours:

Deliverables

The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

  1. Market Research - Utilize our market research template to collect accurate and available market information on the customer problems you are analyzing.
  2. Personas - Build an initial Buyer Persona to better understand your target customer's needs, challenges, and buying process.
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
mar 05

Refund Deadline

mar 05 06:00 pm week 2

Startup Research

What market are you pursuing? Is the target market big enough? Is it growing or shrinking? What are the other characteristics of your market, and why do you care? How do you find data on your market? How do you define your competitors? What are inexpensive tactics to do custom market research, such as surveys? How can you determine if you can win in your target market, and when do you decide to walk away?

Date
mar 05, 2013
Time
10:00am CST

Sprints

Below are just high-level previews of the 10-15 deliverables you'll complete through Working Groups and Office Hours:

Deliverables

The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

  1. Customer Interviews - Develop a longer series of customer interview questions based on your initial interviews and key assumptions, with at least ten open-ended customer interview questions for each customer problem.
  2. Revenue Modeling - For each remaining customer problem, develop or improve a professional landing page targeted to your initial customer archetype, and quickly build up a mailing list to receive customer feedback.
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
Sales & Customer Acquisition
mar 12 06:00 pm week 3

Naming and Branding

What is a brand? Is it you? Is it your vision? How do you determine what you stand for, and then how do you come up with a good company name? What are the characteristics of a good company name? What do you need to do to protect your name?

Date
mar 12, 2013
Time
11:00am CDT
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
mar 19 06:00 pm week 4

Mentor Idea Review

Can you pitch your idea in three minutes and survive the scrutiny of seasoned CEO? How viable is the idea itself? Can the founder present the idea in a meaningful and articulate way? Has the founder done the research necessary to understand the market and prove that the idea is valid?

Date
mar 19, 2013
Time
11:00am CDT

Sprints

After the Mentor Idea Review, Founders receive a larger number of custom "Epic Sprints" with deliverables based on their specific challenges. Below are high-level previews of standard deliverables.

Deliverables

The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

  1. Advisor Candidates - You will create (or fill out) an Advisory Board in the next 5 weeks, so develop a target list of new advisor candidates based off your identified needs and gaps in knowledge/ connections.
  2. Advisor Outreach - Leverage the FI network to get introductions to your targets where necessary, and follow our templated process to make progress on your advisory board.
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
Sales & Customer Acquisition
Product Development
Revenue Modeling
Legal & IP
Branding & Design
abr 02 06:00 pm week 6

Startup Legal and IP

What does a new Founder need to know about law in order to run a successful startup? When should a Founder use a lawyer, and when should you rely on your own work? What are the key terms in contracts to understand and to avoid? What are common legal mistakes? How should a Founder handle their intellectual property, including confidentiality, copyrights, trademarks and patents? What are common intellectual property problems, and how do you deal with them cost effectively?

Date
abr 02, 2013
Time
10:00am CDT

Sprints

Below are just high-level previews of the 10-15 deliverables you'll complete through Working Groups and Office Hours:

Deliverables

The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

  1. Law Firm Engagement - If you don't already have a law firm, meet with your law firm candidates and sign an "engagement letter" with your chosen firm.
  2. Corporate Formation Agreements - If you don't already have a suitable corporation, secure all of your corporate formation agreements which govern how the business conducts itself.
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
Sales & Customer Acquisition
Product Development
Revenue Modeling
Legal & IP
Branding & Design
Financial Planning
Team & Advisors
abr 09 06:00 pm week 7

Cofounders, Hiring and Firing

What talent do you need in the beginning to be successful? How do you recruit the first team members with extremely limited resources? How do you conduct a thorough interviewing process? How do you compensate? How do you set expectations, measure results and remove or fire under-performing resources? Do you need a cofounder? Do you need to have engineering in-house?

Date
abr 09, 2013
Time
10:00am CDT

Sprints

Below are just high-level previews of the 10-15 deliverables you'll complete through Working Groups and Office Hours:

Deliverables

The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

  1. Hiring Process - Develop a hiring and onboarding process using our guidelines to add team members into your organization, and begin executing on the process.
  2. Test Projects - Develop at least one test project for each of your top two or three roles, which should create opportunities for credible candidates to demonstrate their skills.
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
Sales & Customer Acquisition
Product Development
Branding & Design
Financial Planning
Team & Advisors
Fundraising Prep
Post-Program Onboarding
abr 17 08:00 am week 8

Revenues, Costs and Profits

How do you plan to make money? How do you build a financial model? What are the types of expenses, such as fixed expenses and costs of goods sold, and how do they scale? How do you know if your model is right? What do angel investors and venture capitalists expect from your financial model? How do you identify the key metrics for your success?

Date
abr 17, 2013
Time
12:00am CDT

Sprints

Below are just high-level previews of the 10-15 deliverables you'll complete through Working Groups and Office Hours:

Deliverables

The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

  1. Revenue Models - Narrow down that problem to three potential revenue models, and thoroughly analyze the positives and negatives of each model.
  2. Professional Pitch Deck - Use our templates to develop a professional three minute long pitch deck, based on the feedback, concepts and flow that have resonated from your Hotseat pitches.
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
Sales & Customer Acquisition
Product Development
Revenue Modeling
abr 23 06:00 pm week 9

Product Development

How do you get from an idea to an offering? What are strategies to identify and prioritize features? How do you take a product definition and turn it into a development plan? What should comprise a minimum viable product? What are effective strategies to build your first offering? What are common mistakes that you should avoid when planning and building an offering?

Date
abr 23, 2013
Time
10:00am CDT

Sprints

Below are just high-level previews of the 10-15 deliverables you'll complete through Working Groups and Office Hours:

Deliverables

The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

  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. Team Analysis - Define and get extensive feedback on the requisite technical skills, soft skills, expertise, and networks will be needed in your core team.
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
Sales & Customer Acquisition
Product Development
Legal & IP
Branding & Design
Financial Planning
Team & Advisors
abr 30 06:00 pm week 10

Mentor Progress Review

Can you pitch your business in three minutes and survive the scrutiny of seasoned CEOs? How much progress has been made on the product? How viable is the business and the financial model? Can you present the business in a meaningful and articulate way? Does the business scale? Can the business survive?

Date
abr 30, 2013
Time
10:00am CDT

Sprints

Below are just high-level previews of the 10-15 deliverables you'll complete through Working Groups and Office Hours:

Deliverables

The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

  1. Polished Investor Pitch Deck - Create an expanded, 12-slide pitch deck incorporating any feedback from the Investor Progress Review, using our templates.
  2. Growth - Make progress on your growth goals, and examine or adjust how your strategy and the system to keep yourself accountable is performing.
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
Sales & Customer Acquisition
Product Development
Legal & IP
Branding & Design
Financial Planning
Team & Advisors
may 07 06:00 pm week 11

Outsourcing, Partners and Suppliers

What should you outsource, and what do you need to do in-house? How to segment the vendors that you need? What vendors do you need right when you start, and what vendors will you need as you grow? How do you recruit and select the important vendors? What are tips and tricks to manage vendors in order to ensure a consistent level of quality? How do you fire and replace under-performing vendors? What are common mistakes made when dealing with vendors?

Date
may 07, 2013
Time
10:00am CDT
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
may 14 06:00 pm week 12

Marketing and Sales

How do you portray yourself and your business to the world? How do you tell the story of your company? How do you define your ultimate success? How do you attract the first customers and partners to your vision? How do you involve your customers and partners in your success? What are techniques to refine your messaging?

Date
may 14, 2013
Time
10:00am CDT

Sprints

Below are just high-level previews of the 10-15 deliverables you'll complete through Working Groups and Office Hours:

Deliverables

The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

  1. Alternatives - Identify two alternative models (markets or "pivots") for your go-to-market solution to discover the most lucrative market opportunity. Interview at least 2 customers for each alternative.
  2. Advisor Follow-Up - In the next Step you will finalize advisors, so begin finalization meetings with your top candidates, and set up test Advisor Test Projects where necessary following our templates.
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
Sales & Customer Acquisition
Product Development
Revenue Modeling
Legal & IP
Branding & Design
Financial Planning
Team & Advisors
may 21 06:00 pm week 13

Presentation and Publicity

How do you get the world to take notice of your company? What are tips and tricks to present your business? What tools do you need to succeed with outreach? How do you identify newsworthy milestones? How do you craft a successful media release? What are effective tactics to get social media, the blogosphere and traditional media to take notice? What are common media mistakes for new companies?

Date
may 21, 2013
Time
10:00am CDT

Sprints

Below are just high-level previews of the 10-15 deliverables you'll complete through Working Groups and Office Hours:

Deliverables

The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

  1. Sales - Pursue aggressive goals to close new revenue or users, which may be signups, payments, a signed contract, a pre-payment or a signed letter of intent.
  2. 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 Local Leaders to discuss your proposed pivot in the business and do the same with your advisors.
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
Sales & Customer Acquisition
Product Development
Financial Planning
Team & Advisors
Fundraising Prep
Post-Program Onboarding
may 28 06:00 pm week 14

Fundraising

When is it realistic to raise capital for a brand new company? How should you calculate the amount of money to raise? How should you define the use use of proceeds? What materials are required to fundraise? How do you identify and qualify target angel and seed stage investors? How do you find a lead investor? What do investors expect from the company? What are typical investment structures and deal terms for seed-stage financing? How do you negotiate terms?

Date
may 28, 2013
Time
10:00am CDT

Sprints

Below are just high-level previews of the 10-15 deliverables you'll complete through Working Groups and Office Hours:

Deliverables

The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

  1. Advisor Strategy - Set up a call with each of your advisors and briefly review your "Victory Condition", the funding strategy, hiring plan, sales plan and product plan.
  2. Use of Proceeds - Examine the capital needs of the business, and extend your financial model to project revenues and expenses for a total of 24 months from now.
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
Sales & Customer Acquisition
Product Development
Financial Planning
Team & Advisors
Fundraising Prep
Post-Program Onboarding
jun 06 06:00 pm week 15

Graduation

How do you ensure success after Graduation? Who will lead the alumni community, and what are the plans following graduation? The Graduation is the beginning of an exciting period for Founders, where an idea becomes reality. Congratulations!

Date
jun 06, 2013
Time
10:00am CDT
The Agentic Track

Personalized by AI to your startup's needs — more advanced or more basic — with powerful free AI agents to help you complete the company building work.

Sprints
Pitching
Customer Development
Leadership Development
Sales & Customer Acquisition
Product Development
Team & Advisors
Fundraising & Prep
Post-Program Onboarding
week 16+

Post Programs

The FI Core Program is just the beginning of a life long journey.

Founder Institute Alumni get access to a series of advanced accelerator programs, ongoing support from our Silicon Valley Team, valuable partner and service discounts, and more to continue building the business for years to come.

Continued Support
Continued Support
  • Dedicated Alumni Support Team in Silicon Valley

  • Access to the world's largest network of mentors and investors (40,000+)

  • Private Alumni mailing lists

  • $2.5M+ in partner discounts

  • Invites to FI sessions & network events

  • Potential introductions to investors

Structured Post-Programs
Structured 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

  • The FI Venture Network matches Alumni ready for funding with a massive pool of investors that specialize in writing 'first or second checks' of funding

  • Exclusive for FI Alumni

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El Founder Institute es el programa de entrenamiento de emprendedores y de lanzamiento de empresas significativas más grande del mundo, que ayuda a los aspirantes a fundadores en todo el mundo a construir compañías de tecnología duraderas. Basado en Silicon Valley y con sedes en 100 países, el Founder Institute ha ayudado a lanzar más de 9,000 compañías. La misión es "Globalizar a Silicon Valley" y construir ecosistemas sostenibles de empresas significativas que crearán un millón de nuevos puestos de trabajo a nivel mundial.


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