welcome

enduring meaningful

Can you…

run it for 20 years?

Can you…

create 500 jobs?

Can you…

change 1MM lives?

program

Barcelona
402 92

76
59 26

24

-2

You are strong

73%
Test Accuracy

Founding is hard

80+
Hours per Week

The program is hard

60%
Drop Out

The program works

90%
Grad Survival

personal

hard work

excellence leadership

Startup Basics and Orientation Visions and Values Startup Research Naming and Branding

MENTOR IDEA REVIEW Is the Founder qualified to research and select a viable business idea?

Startup Legal and IP Cofounders, Hiring and Firing

MENTOR PROGRESS REVIEW
Is the Founder ready to develop the product and launch the business?

Revenue, Costs and Profits

Product Development

Marketing and Sales Presentation and Publicity Fundraising

Graduation Is the business worthy of the Founder’s full-time commitment?

Office hours
We have made available several hours of weekly Office Hours for 20 minutes each to Founders via Ohours.org.

Urs

Urs

Oriol

Oriol Urs

Oriol

business

good idea

corporation growth plan

Idea
1. Startup Basics 2. Vision & Values 3. Startup Research 4. Naming & Branding 5. Mentor Idea Review

Business
6. Startup Legal 7. Cofounders & Hiring 8. Revenues & Costs 9. Product Development 10. Mentor Progress Review

Launch
11. Outsourcing 12. Marketing & Sales 13. Publicity 14. Fundraising 15. Graduation

With the help of local and international mentors

methods

sessions

hotseats

working groups
Working Groups

• Abel López • Álvaro Zambrano • Benjamin Sebagh • Matthias Schneider • Paolo De Fabritiis

• Ana Garzón Castrillon • Andrés Javier Chacon • Omar Pérez Castán • Oriol Miró • Pablo Chacin

• Ignacio Calvis • Insik Yoon • Pablo Casals • Xavi Fuentes

• Alexander van der Kolk • Euric Sero • Javier Delgado • Laura López • Pau Sanchez

• Bosco Curtu • Francisco José Carballo • Ismael Vallve • Joel Farrés • Mario Morales

assignments

dropping out

Y
Build the Business

Do the Work?

N
Get More Work

Graduate

Drop Out

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

Election of the President
The President is ultimately responsible for the success of a Working Group and has a variety of duties, designed to reflect being the CEO of a startup:

1.

Organizing Meetings: Each Working Group should meet at least two times per week, ideally once in person. The President organizes these regular meeting and keeps attendance, tracking the progress of Founders in the Group.
Posting Notes: After each session, the President needs to post notes from the Group efforts to complete the assignment to the bottom of the session detail page under 'Notes.' Reporting Progress: The President posts notes on the performance and attributes of Founders in the Working Group using a special note area with a chat bubble in the Founder Directory (http://fi.co/users).

2.

3.

4.

Eliminating Founders: At the end of the Working Group, the Presidents will identify any Founders to remove from the program due to non-performance. The Presidents should have the evaluation done and submitted to the Local Director the day before the Working Group changes.

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