fi montreal spring 2014 april 29 orientation escobar

Orientation Session

The Founder Institute

http://FI.co/

Montreal – Canada

Spring 2014

AGENDA – ORIENTATIONApril 29, 2014

6:30 – 6:40 PM Director Welcome

6:40 – 7:30 PM Founder Introductions (42 enrolled founders)

7:30 – 8:00 PM Program Orientation

8:00 – 8:30 PM Q & A

8:30 – 9:00 PM President Selection

2+ Hours Coffee - Drinks

Sergio A. Escobar

Entrepreneur, winner of 2 TOYP Awards fromJunior Chamber International, founded startups(E-commerce, Mobile Payments) and sme’s(meat packing plant, manufacturing, agri-food), former Director of the Angel Investors Challenge(Anges Québec). Director of NEXT pre-accelerator.Co-Director of Founder Institute in Montréal.Hobbies: Salsa y Merengue ☺

“The entrepreneur in us sees opportunities everywhere we look, but many people see only problems everywhere they look”

- Michael Gerber

@SergiusEscobar

Who Are You?Who Are You?Who Are You?Who Are You?

AGENDA – ORIENTATIONApril 29, 2014

6:30 – 6:40 PM Director Welcome

6:40 – 7:30 PM Founder Introductions (42 enrolled founders)

7:30 – 8:00 PM Program Orientation

8:00 – 8:30 PM Q & A

8:30 – 9:00 PM President Selection

2+ Hours Coffee - Drinks

http://vimeo.com/36499872

welcome

enduring

meaningful

Can you…

run it for 20 years?

Can you…

create 500 jobs?

Can you…

change 1MM lives?

program

The Process

months

14

Sessions

1

Evening

20+

Hoursper week per week

The Program

Idea Business Launch

1. Orientation

2. Vision

3. Research

4. Revenue

5. Naming

6. Mentor Idea Review

7. Startup Legal

8. Team

9. Product

10. Mentor Progress Review

11. Sales

12. Branding

13. Fundraising

14. Graduation

73%Test Accuracy

You are strong

80+Hours per Week

Founding is hard

60%Drop Out

The program is hard

90%Grad Survival

The program works

personal

hard work

excellence

leadership

business

good idea

corporation

growth plan

methods

sessions

hotseats

Working Groups

working groups

assignments

dropping out

Do the Work?

Build the

Business

Get More

Work

Graduate Drop Out

Y N

weak idea

low effort

bad attitude

It’s OK to drop out.

100% refund in first week.

bonus pool

You give

3.5% of your company in

warrants.

15% Institute

25% Director

30% Founders

30% Mentors

closing

You are responsible for

your own success.

Everything in the Institute

is a test because

startups are hard.

There is no right way to make

your dream company.

thank you

WORKING GROUPS

• President of the Group

• Strategy to make the Working

Group successful

1. Black

2. Blue

3. Brown

4. Gray

5. Green

6. Magenta