Steve McGarry

Founder Society - An invitation-only organization of entrepreneurs

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Mubashar Iqbal
I can understand some of the "qualification" criteria, but what does age have to do with anything?
Ryan Paugh
@mubashariqbal Good question that I get a lot. It's difficult to answer without coming off as ageist (which we genuinely are not trying to be). The best answer I can give you is that when we started FounderSociety and its sibling YEC (yec.co) we were trying to connect with our peers to make being a young entrepreneur a less lonely place. People in our same age group seemed to have similar life challenges as us so that became our focus. I do believe that depending on your age you experience different challenges as an entrepreneur. That said, we are also building new professional organizations as we speak without the 40 and under age requirement. I hope that's a good answer :)
Andy Beaumont
@mubashariqbal @ryanpaugh You realise people over 40 may have already been through the challenges the younger ones are facing and know well how to handle them?
Ryan Paugh
@drcongo I don't disagree with anything you're saying. This is something we discuss regularly as a team. Who knows... one day we might lift the age requirement. That said, in the meantime we do offer our members access to experiences businesspeople that are not members through our community. For example, we have the founder of Kiva doing a discussion with our members next month.
Mubashar Iqbal
@ryanpaugh @drcongo Yes I understand that. But to say that everyone over 40 has all the answers, and doesn't need help seems strange to me. Why exclude people just because of their age. Many people come to entrepreneurship later in life, and could do with just as much help as they youngsters getting out of school.
Mubashar Iqbal
@ryanpaugh Thanks for the reply. I can see where you're coming from and maybe adding some of this explanation to the website would nice. "Next generation" to me doesn't mean young, and I guess was just a little surprised to see the age limits.
Steve McGarry
From the founders of YEC (@ryanpaugh and @scottgerber), Founder Society is dedicated to connecting, accelerating, spotlighting and mentoring the next generation of rising stars in entrepreneurship.
Bogomil Shopov - Бого
@ryanpaugh @scottgerber @stvmcg How is this different from the rest similar closed groups for entrepreneurs?
Ryan Paugh
@bogomep Great question! There are many great entrepreneurship orgs out there that have been around for decades that we respect and admire (EO, YPO, Vistage), but we believe the entire org model needs a re-boot. There are a lot of things we do differently, but the main idea is that we take a more concierge-level approach to helping our members. For example, every member has a concierge team that helps provide on-demand access to resources based on current business challenges. Another example, is the editorial concierge team who helps our members craft well-written content that we help them publish on media outlets (Forbes as an example) to position themselves as an expert in their industry. Also, our business services concierge is a vertical of our team that helps members save $ on things from accounting/finance needs to office supplies and everything in between. It's a very personal experience for every member. Feel free to email me at ryan@foundersociety.co and I can connect you to a member of my team for a quick phone call to ask more questions. Hope this helps!
Max Ott
Sounds interesting, would be great to get something similar started in Europe.
Ryan Paugh
@ott_max Where are you based in Europe? We plan on heading your way in a few years, but in the meantime maybe I can connect you with some great entrepreneur groups in my network.
Max Ott
@ryanpaugh Munich, Germany. Maybe you have something in your network.
Bram Kanstein (@bramk)
@ott_max @ryanpaugh Yes you should come to Amsterdam :)
Ryan Paugh
@bramk @ott_max Do you guys know about WeWork? They just opened up locations in both cities. I set up our offices out of their Boston building and it has been great. Even if you don't need physical space they're a great community to get to know. They have regular events that are open to the public. I'll send some more suggestions later today.
Bram Kanstein (@bramk)
@ott_max @ryanpaugh mehh, the place in Amsterdam is like a claustrophobic fishtank haha ;)
Ryan Paugh
Hey Product Hunters, I'd like to offer something special to any of you who apply to join FounderSociety. Please leave a comment on this thread and let me know if you have requested an application on our site (foundersociety.co) so I can make sure my team takes good care of you during the application process.
Nafis Zebarjadi
@ryanpaugh Had a related quick Q--can we move to Twitter DM?
Ryan Paugh
@nafisto Sure!
Some Guy
@ryanpaugh I applied!
Ryan Paugh
@ghobs91 Thanks. Looks like you have a call w/ Jess on Wednesday. I let her know you found us via Product Hunt.
Derek Morin
@ryanpaugh let me in please
Matthew Arevalo
I've applied.
Ryan Paugh
@mattarevalo Check your email for next steps :)
kurt braget
I'd upvote this, but I don't qualify :P
Ryan Paugh
@kurtybot Please keep in touch with us anyway. CommunityCo, the business I co-founded, is always working on new ways to bring ambitious entrepreneurs together using the same community building philosophies we used to create FounderSociety. Follow me on Twitter for updates or contact me directly anytime at ryan@foundersociety.co.
Derek Shanahan
Big props to the YEC team on new launch! What's the difference between this and YEC?
Ryan Paugh
@dshan Thanks Derek! The main difference between YEC and FounderSociety is the business stage of the entrepreneurs. Through building YEC we had the opportunity to speak with so many amazing entrepreneurs that didn't meet the criteria, but we wanted to help. FounderSociety is our community for providing earlier-stage entrepreneurs with many of the same benefits and resources we have assembled through building YEC.
Melikshah
great idea guys :-)
Ryan Paugh
@melik_shah Thank you! Appreciate your support.
Rod Austin
$500 per year to join.
tj mapes
I've applied as well :)
Ryan Paugh
@tjmapes You will hear back in the morning. Thanks for your interest and it was nice speaking to you via email earlier.
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