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Orientation Session
The Founder Institute
http://FI.co/
Montreal – Canada
Spring 2014
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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
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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
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Who Are You?Who Are You?Who Are You?Who Are You?
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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
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http://vimeo.com/36499872
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welcome
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enduring
meaningful
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Can you…
run it for 20 years?
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Can you…
create 500 jobs?
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Can you…
change 1MM lives?
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program
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The Process
months
14
Sessions
1
Evening
20+
Hoursper week per week
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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
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73%Test Accuracy
You are strong
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80+Hours per Week
Founding is hard
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60%Drop Out
The program is hard
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90%Grad Survival
The program works
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personal
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hard work
excellence
leadership
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business
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good idea
corporation
growth plan
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methods
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sessions
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hotseats
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Working Groups
working groups
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assignments
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dropping out
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Do the Work?
Build the
Business
Get More
Work
Graduate Drop Out
Y N
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weak idea
low effort
bad attitude
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It’s OK to drop out.
100% refund in first week.
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bonus pool
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You give
3.5% of your company in
warrants.
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15% Institute
25% Director
30% Founders
30% Mentors
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closing
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You are responsible for
your own success.
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Everything in the Institute
is a test because
startups are hard.
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There is no right way to make
your dream company.
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thank you
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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