The path to being a successful entrepreneur requires much more than having a great idea. You may have a genius business model and truly innovative product, but if you don’t have the network-building skills and fundraising know-how to secure backers for your startup, you may never get the chance to introduce that idea to the world.
Our mission for .xyz is to provide a platform for rising innovators and makers to build that essential community behind their businesses. That’s why we are proud to have recently started sponsoring this week’s #WebsiteWednesday, OkInvent.xyz, who has created an educational program that could teach you what it takes to establish your global network of collaborators and make your startup dreams come true.
Founded by a team from diverse work backgrounds, OkInvent.xyz is a month-long entrepreneurial program that gathers 25 driven individuals and places them on five startup teams. Participating entrepreneurs present their startup ideas at the start of the journey, then form teams and work together through the steps of the program. Once the program is complete, each team creates and pitches a business plan in front of a curated panel of investors.
In the many steps throughout this journey, participants work their way through the key moments in any startup’s life cycle, including analyzing the market to determine product viability, outlining a target market and goal position within it, and mapping a plan for growth and expansion. The teams’ core task of creating a viable startup idea is supplemented throughout the program with hands-on workshops on founding a company and how to set your business up for success, as well as advice from expert coaches and business advisors that help guide the teams and share knowledge.
OkInvent.xyz’s program is unique in that it takes a complete approach to teaching entrepreneurial success, and that includes personal health and well being. Regular fitness, yoga, and meditation sessions are built-in so that participants stay sharp mentally and offer their best work. The program also includes great team building activities, like an outdoor adventure and tribe nights that help the team mesh on a professional and personal level.
Everything in OkInvent.xyz’s program is set up to help the participants build strong networks, learn the hustle required for success, and improve their knowledge and personal well being, so that when those entrepreneurs bet on themselves and their ideas they can end up with a winning hand.
Entrepreneurship is a dream for many, and OkInvent.xyz’s program is a fantastic way to pursue that dream while gaining the knowledge and network contacts needed for success. We feel a shared mission between .xyz and OkInvent.xyz. Just as .xyz has created a global community of innovators and makers that are pushing the Internet forward, OkInvent.xyz is molding tomorrow’s leaders and giving them a head start on the path to success. That’s why we are proud to be sponsors of the OkInvent.xyz program, and participants will now receive .xyz domains on which they can brand their startups and broadcast their message to the world.