The Fundamentals of Entrepreneurship
Attention
Flexible Workshops, Unlimited Learning Opportunities!
Founder Fundamentals is a workshop-based program that introduces participants to the essentials of entrepreneurship. With a flexible and engaging approach, students gain insights into idea generation, prototype development, business modeling, and securing investments. Unlike traditional lectures, the Founder Fundamentals workshops offer dynamic learning experiences tailored to your entrepreneurial journey.
Founder Fundamentals is a 2-semester program, where each semester includes a series of 6 interactive workshops, making a total of 12 available workshops over the Winter and Summer terms. The aim is to provide a broad foundation in entrepreneurship, accessible to students across disciplines.
Term(s)
The program is offered every Winter and Summer term. The next sequence of workshops will run from October 2024 to February 2025 (Winter Term), followed by Summer Term 2025. Next information session: 15.10.2024 13:30 (90min)
Time investment
3.5 hours per workshop, with 6 workshops per semester.
ECTS
Students can earn 3 ECTS credits for attending 6 workshops and an additional 3 ECTS credits upon completing 12 workshops in total.
Module type
Compulsory Elective Module
Module selection at HPI
Cybersecurity MA:
HPI-PSK-ML: Management und Leitung
HPI-DE-RWM: Recht, Wirtschaft, Management
Digital Health MA:
HPI-PSK-ML: Management and Leadership
Data Engineering MA:
HPI-DE-RWM: Recht, Wirtschaft, Management
HPI-PSK-ML: Management und Leitung
IT-Systems Engineering MA:
HPI-PSK-RW: Recht und Wirtschaft
HPI-PSK-ML: Management und Leitung
Grades
Yes, based on homework assignments after each workshop and a final oral exam to assess progress.
Enrollment deadline
enrollment is possible up to 8 days before the oral exam date.
Examination date
Teaching format
Workshops, with interactive sessions, practical exercises, and industry insights.
Teaching language
English
Registration
Fee
Team budget
HPI Founder Scholarship
Participants
Maximum number of Participants
Room (Location)
Key dates
Learning and Teaching Methods
The program is structured around practical, hands-on learning experiences. Each workshop includes the following components:
3.5-hour Workshop
These interactive sessions are designed to provide students with real-world entrepreneurial skills, including group discussions, exercises, and opportunities to network with experts.
Practical Application
Exercises are complemented by real-world scenarios to enhance understanding and applicability.
Founder Fundamentals aims to provide an essential understanding of entrepreneurship, startups, and product development. The workshops are designed to develop a strong foundation in economic processes and business creation while applying these principles to the context of technology and IT startups.
Program Structure
The workshops are spread over the term with bi-weekly sessions, allowing for flexibility and in-depth exploration of each topic. Participants have the chance to develop and refine their entrepreneurial skills through practical exercises, mentorship, and peer discussions.
The Founder Fundamentals workshops are designed to help students answer critical questions about entrepreneurship
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Below is an overview of the workshops provided during the Winter Term and their key topics:
Winter Term 2024/25
Week 1
Day 1
November 5, 2024
Workshop 1
Should I Be an Entrepreneur and What Does It Mean?
Exploring the entrepreneurial mindset, motivations, and the journey ahead.
Week 2
Day 2
November 19, 2024
Workshop 2
Getting Started: Finding Ideas and Markets
Strategies for generating ideas, identifying markets, and understanding market needs.
Week 3
Day 3
December 3, 2024
Workshop 3
Hands-On: Building Prototypes and MVPs
Practical methods for creating prototypes and developing Minimum Viable Products (MVPs).
Week 4
Day 4
December 17, 2024
Workshop 4
Making Money: Finding the Right Business Model and Landing Your First Sale
Developing business models, understanding customer value, and preparing for initial sales.
Week 5
Day 5
January 7, 2025
Workshop 5
Raising Money: Decoding Investors, Crafting Equity Stories, and Perfecting Your Pitch
Insights into securing funding, understanding investor expectations, and refining your pitch.
Week 6
Day 6
January 21, 2025
Workshop 6
Show Me the Money! Securing an Investment
Deep dive into the investment process, strategies for negotiation, and understanding term sheets.
Week 7
Day 7
Week 8
Day 8
Week 9
Day 9
Week 10
Day 10
Week 11
Day 11
Week 12
Day 12
Week 13
Day 13
Week 14
Day 14
Week 15
Day 15
Week 16
Day 16
Week 17
Day 17
Week 18
Day 18
Week 19
Day 19
Week 20
Day 20
Summer Term 2025
Week 1
Day 1
tbt.
Workshop 7
Knowing the Numbers: Financial Planning & Statements
Basics of financial planning, budgeting, and understanding key financial statements.
Week 2
Day 2
tbt.
Workshop 8
How to Organize Your Startup: Founding Your Company
Legal, structural, and organizational aspects of setting up your startup.
Week 3
Day 3
tbt.
Workshop 9
Building Traction: Marketing and Selling Products
Strategies to gain market traction, promote products, and drive sales.
Week 4
Day 4
tbt.
Workshop 10
Being an Employer: Hiring, Retaining, and Leading a Team
Managing the human side of startups—recruitment, team-building, and leadership.
Week 5
Day 5
tbt.
Workshop 11
TBA
Week 6
Day 6
tbt.
Workshop 12
TBA
Week 7
Day 7
Week 8
Day 8
Week 9
Day 9
Week 10
Day 10
Week 11
Day 11
Week 12
Day 12
Week 13
Day 13
Week 14
Day 14
Week 15
Day 15
Week 16
Day 16
Week 17
Day 17
Week 18
Day 18
Week 19
Day 19
Week 20
Day 20
Assessment Method
The course grade is based on active participation in workshops, submission of homework assignments, and an end-of-term interview session. Unlike traditional exams, Founder Fundamentals focuses on practical entrepreneurial skills rather than theoretical knowledge.
Homework Assignments
After each workshop, participants are expected to complete and submit assignments that include reflections, interviews, scenarios, or presentations.
Stamp Card & Interview Session:
Upon completing 6 workshops and the associated homework, students participate in a brief interview session to reflect on their progress, which is used to calculate their final grade.
Attendance Policy
Attendance in workshops is mandatory to qualify for credit conversion and grading.
Requirements
Program Structure
Data Rights
Recommended readings to complement the workshops include: