As of today, the fun part is over. My Founders Institute
semester graduates tonight. No more Monday evening get togethers in SOMA. No more trials
by fire. No more arduous but prescient assignments. No more epic presentations
from people who have truly lived the dream and who have come back to share how
not dreamlike it all is but who still content that it is worth it.
And no more terrible pitches. :)
I will miss the fear. I will miss the uncertainty. I will
miss the raw knowledge. But mostly I will miss the people.
There is something very special about regularly getting
together with a bunch of like-minded individuals all with similar goals and
hurdles. There is camaraderie and an empowerment that comes with such a
collection.
I experienced it in college - working at the student
newspaper - and I have experienced it since in some early-stage startups in the
Bay Area. It is an electricity of ideas and endless possibilities but it is
fleeting and it is rare.
Over the past three months I have been involved with such a
group. The Founders Institute was the premise – a three month entrepreneurial
bootcamp that encompasses everything from pitching practice to cap structures.
The program itself was a tremendous wealth of advice and action
all geared to help the budding CEO realize what they are in for and how to deal
with it. And it truly is a remarkable
program when you consider both its breadth (FI runs programs in 40 cities
across 5 continents) and depth (idea to fully-formed company in just a few
months.)
But the people are what make the cost and effort an easy
sacrifice.
I will miss the mentors. These weekly “speakers” deliver
every bit an interesting canned presentation of insight and information but
give you so much more in their feedback to your own pitch. And it doesn’t stop
there. I expected the former but more than often the mentors were the last to
leave the after-class bar sessions, happily wasting their time discussing in
greater depth and detail the ins and outs of a particular idea. I cannot say
enough good things about the mentors feedback and true willingness to help.
I will miss Adeo. His
presence, though initially daunting, always makes whatever it is you are doing
more interesting and more intense and more worthwhile. His legendarily blunt
feedback equally valuable and entertaining.
I will miss Russ. He is the embodiment of the perfect mentor
and we got him all to ourselves each week. His leadership of the semester was
understated and incredibly effective. I want to be Russ someday.
I will miss my classmates. Extremely smart people doing
extremely cool things.
But most, I will miss my original working group. Group
Brown. The early part of the semester was heavily steeped in workload, fear and
uncertainty and I would not have made it through without them. I think the rest
of the group would agree as we were the only group not to have anyone drop
before the first mentor review.
And that is probably the most important lesson from all
this. Your team is what will decide whether you succeed or fail. Your team is the
reason you keep going when you want to stop. Your team is what makes the whole
thing enjoyable and worth doing in the first place.
Thank you FI. We will meet again.