Training our Next Generation of
Founders
Next Gen Founders Program
Innovate under constraints, develop a hypothesis, create a product and unlock your child’s future
Next Gen Founders Program
The Next Gen Founders program works with kids of diverse backgrounds in grades 2 - 12 to teach the frameworks of entrepreneurship and innovation. We believe best innovation comes under constraint and want to encourage this next generation of inventors to think even more creatively to build the future. We seek to inspire kids to create, innovate, communicate, and build. We wish to build psychological safety and empower them to hypothesize ideas, test them, fail fast, and develop passion and persistence on their entrepreneurship and life journey.
The Next Gen Founders program will be conducted through a 5 week synchronous & asynchronous online program culminating in a Entrepreneurship Showcase on January 2.
Logistics
5 Weeks: Dec 5, 2020 - Jan 3, 2021
Saturday 1 hour @ 9 am PT (for those with time conflicts, the sessions will be recorded and there’s a chance to meet offline)
Entrepreneurial Showcase –1 hour slot to present on Sat Jan 2 or Sun Jan 3
Cost is $25 and parents / guardians should commit to purchasing $25 of other products
Scholarships will be awarded based on need and fees can be waived for low income families
Schedule
Pre-work prior to Dec 5: Hypothesize
Students will identify a problem, product or service they wish to build and sell in week 5 - Jan 2 & 3, 2021
Conduct customer interviews
Sat Dec 5, 2020 - Empathize and Discover
Discuss entrepreneurship, failing fast, passion and persistence
Identify the customer and understand their needs / wants
Create a hypothesis, product positioning, and plan
Capture customer interviews
Sat Dec 12, 2020 - Ideate and Plan
Share ideas and refine hypotheses
Discuss constraints and financing - inventory, budget, pricing, and forecasting
Create an online store, name, and logo
Sat Dec 19, 2020 - Create and Iterate
Share plans continue to create and explore their ideas
Discuss communication & presentation
Show their product and store progress
Begin developing short presentation on Customer Problem, Product, and Plan
Sat Dec 26, 2020 - Communicate and Show
Recap communication plan
Finalize short presentation on Customer Problem, Product, and Plan
Discuss accounting, income statement, fulfillment, and Customer Service
Develop punch list
Sat Jan 2, 2021 & Sun Jan 3, 2021 - Entrepreneurial Showcase
Present their 5 week journey and business pitches
Shop for each others’ goods and services
Encourage each other in entrepreneurship
Prizes will be awarded