10 Rules For A Great Startup Idea [infographic]

As entrepreneurs we’ve been hammered over the head with the idea, that ideas are worthless without execution and follow through. But how do we know if our ideas are even good enough to pursue.

If you’ve vetted your idea and you think it may be a great startup idea, but you don’t have a team, one of the best places that you can go to vet the idea and get started is a Startup Weekend event. So how do you get to that point?

Founder Institute Founder and CEO Adeo Ressi has a structured approach to analyzing ideas. He shares it at most of the Founder Institute events across the country. Well now the Founder Institute has made that wisdom available to everyone via this infographic checklist below.

Passion, simplicity, revenue, customer knowledge, market knowledge, market size, secret sauce, vetting and killing and sharing your idea are all part of this important approach. You can dive more into these ideas below.

You can find out more about Founder Institute and their programs across the country at fi.co 

Now check out 8 bits of awesomness outlining startup life.

Founder Institute Introduces Mentor Mondays In Seattle

The Founder Institute, the largest idea stage accelerator in the world is starting a new initiative in Seattle to connect startups and entrepreneurs with great mentors.

Mentor Mondays cost a very modest $5.00 fee and give early stage startups, entrepreneurs and anyone with an idea access to a large mentor  base of the regions top mentors. Founder Institute has over 60 successful founders and CEO’s that are there to support the startup ecosystem in Washington.

The lunch meetings are BYOL (Bring Your Own Lunch) but no worries there are over a dozen food trucks a stone throw from the venue  in South Lake Union. The hour long schedule is stacked tightly:

12:00-12:15 Lunch and casual conversation
12:15-12:30 Mentor Topic
12:30-12:45 Q&A
12:45-1:00 Mentor 1:1 meetings

It’s kind of like mentor speed dating but the access opportunity for just $5.00 is incredible. Of course when you go into Mentor Mondays with a great idea, passion, drive and a plan you’ll probably get to spend a lot more than just 15 minutes 1:1 with the mentors.

Mentor Mondays start Monday August 20th and you can register here.

These are the same caliber mentors that Founder Institute is known for and that several have paid hundreds of dollars to get access to. In Seattle, for Mentor Mondays it’s just $5.00 (and the cost of your food at the food trucks if you so desire)

Linkage:

Register for Mentor Mondays here

Source: StartupSeattle.com

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