I enrolled in Founder Institute in September 2016. Founder Institute is incubator/accelerator with chapters in many cities.
At that time I had an idea for a parental control app for YouTube. I had few pre-orders – 12 people paid me money upfront for free lifetime access to the service once I build it.
Founder Institute course is a 3-month program. It is very intensive. It includes program sessions every week where local entrepreneurs teach us various aspects of company building but the bulk of the learning is done through doing homework assignments. Each week we were getting about 10 assignments.
I learned a lot about company building. The main benefit for me was learning how to clearly articulate my idea by pitching it to potential investors, customers and hires.
Also I met a lot of local entrepreneurs and worked together with fellow founders in a small group.
Overall I think Founder Institute is great. It pushed me outside my comfort zone many times. I significantly upgraded my vision for my company as result of going through the program. Founder Institute helped me to move forward quickly with my idea.
Thank you Adeo Ressi for creating The Founder Institute and thank you Ian Hopkinson and James Kyd for leading Melbourne Chapter in 2016!