FREQUENTLY ASKED QUESTIONS

Program

ABOUT THE PROGRAM

The Jersey Shore Startup School is not a lesson in business plan writing or visiting several startup companies. It’s more than just an accelerator or an incubator. We don’t just tell you HOW to start a company; we show you the steps to identify a gap in the market and create a real-life business during the year for the following summer when you launch your business. We push you out of your comfort zone and set you up for startup success with a network of peers and mentors even after you leave the program. We have high expectations of our students who rise to the challenge to create something real and amazing.

The Jersey Shore Startup School will be held at the local high school, Christian Brothers Academy in Lincroft, New Jersey.

The Jersey Shore Startup School is split up into two semesters, a Spring + Fall semester. The Spring semester runs from January 16th-May 15th 2021 & the Fall semester runs from September 18th-November 20th Each semester consists of 10 weeks held on Saturdays from 8 am-1 pm. After the Spring semester, students are prepared to launch their own business for the duration of the summer.

The format for the Fall & Spring semester is left up to each Featured Guest Speakers belief on what they believe will prepare the students based on their successful entrepreneurial experience. Each Saturday, students will be broken up into small groups and will get to experience each Featured Guest Speakers teaching style. Featured Guest speakers will also be incorporated into each semester's curriculum.

How You’ll Learn:
  • Classes & Workshops— Learn from the people who have done it before. Whether you’re getting started with product development or branding, our Featured Guest Speakers are experts in their fields, including guests from the local entrepreneurial ecosystems and universities. Class sessions tend to be interactive—requiring you to engage during the sessions and apply the lessons directly to your business.
  • Founder Talks— Entrepreneurs need to be resilient—able to learn from their own failures and those of others. We’ll bring in seasoned entrepreneurs to share their insights and answer your questions on market research, gaining traction, and scaling their companies.
  • Mock Board Meetings— The ability to listen openly to feedback is one of the top traits of successful entrepreneurs. Your weekly board meetings with our staff and guest mentors will provide you with individualized and honest feedback to help you improve your company. Keep an open mind and don’t take constructive criticism personally.
  • Simulations & Activities— This isn’t your regular classroom environment. We incorporate team-building activities and market simulations geared toward helping you establish a stronger foundation for your company.
  • Team Check-ins— Studies show that the number one reason startups fail is because of conflicts on the team. Team check-ins with our staff will ensure your team is implementing effective communication and collaboration strategies so your company can be as high-performing as possible.
  • Pitch Practice— The first rule for startup founders? Always be pitching. Whether you’re telling your family and friends about your company, writing an email to a potential customer, or presenting for investors, knowing how to tell a compelling story is paramount to your success. Over the course of the two semesters, you’ll practice and get feedback on a variety of pitch styles.

The expected time commitment is your commitment to each semester’s Saturdays classes. From there your success will entail work outside of the classroom as well as the time you will put into running your business the following summer.

There are not traditional grades, though students are expected to be making consistent progress on their startups, and students expected to attend the Saturday classes to which they sign up. They are also expected to be actively present in all of their classes which includes having their videos on and engaging in discussions.

The Jersey Shore Startup School is about starting real companies, not about an academic experience, so we expect students to take responsibility for their own progress and commit fully to the process.

No Credit is available through our program.

ABOUT THE COMPANY

No. We’ll have a process to help you come up with ideas through the duration of the two semesters. The process will guide you in keeping an open-mind as you search for opportunities that fit within your passions, skills, and current market trends. We’ll teach you how to critically assess these opportunities and adapt your chosen opportunity to improve viability and value. You may come in with an opportunity you have already started or considered. Ideas are a dime a dozen, with most having been thought of or even worked on before, so success comes down to execution.

If you do come to the Jersey Shore Startup School with a business idea, keep an open mind and be willing to adapt in response to new market research and new ideas. Almost all ideas change from their origination to actual implementation, especially in successful companies. Humility and openness to feedback is key.

No. The purpose of the Jersey Shore Startup School is not to raise investment funding and you will not be doing this as part of the program. While JSSS students are able to accomplish an incredible amount—launching viable companies in under a year—the goal is not to have you leave the program with enough traction to start pitching to VC’s (venture capitalists). You’ll have a lot more work to do after you leave the program to be ready for investment.

That said, you will learn how to pitch at JSSS and will be prepared to pitch your startup to a variety of audiences. The program culminates with JSSS Demo Day, during which event you will do a live Q&A for a panel of mentors, parents, and receive critical feedback on your business that will help you take them it to the next level. It is possible that someone may be an investor (note that there are several types of investors and not all of them are venture capitalists), but you should not expect this and you should certainly not seek investment from them at this early stage of your company.

No. Jersey Shore Startup School does not take equity in companies started in our program.

ELIGIBILITY AND ADMISSIONS

No, we are extending offers only to the students that were admitted to the program.

The program fee includes admittance to the Spring & Fall semesters, the curriculum that will be taught to students, and instruction by successful entrepreneurs & small business in the Monmouth County area to give students the confidence, intellect, and mentorship in successfully launching their own business the following summer.

Early admissions candidates are able to find out their admissions status in advance of the regular admissions candidates. Also, applying early allows you to be compared against a smaller pool of candidates with a typically higher yield of acceptance. We do not accept application materials past your application round deadline, though, so consider your timing carefully.

The admissions committee looks for candidates who show initiative, action-orientation, coachability, and a fit with our values. We look for students who show to us that they have what it takes to become successful entrepreneurs. There are no minimum grade or activity involvement requirements.

Great applicants have a proven track-record in working successfully with teams to create exceptional impact. It isn’t about coming up with ideas—it’s about the work you put in to see them through.

Entrepreneurial—You take initiative to push yourself outside of your comfort zone. Impact-Oriented—You don’t just care about what you do, you care about creating real results. Committed—You pour yourself intensely into your passions and you persevere. A Team-Player—You’re able to collaborate dynamically and put team goals before yourself.

The review of applications is not based on the timing of your submission (with the exception of reviewing early applicants and regular applicants during their respective groups. Every application gets at least two reviews. Applications will be reviewed & evaluated by the participating instructors for this year's class.

Once you are admitted into our program, you become a part of our community and brand, so we expect you to conduct yourself in a way that represents our community and brand in a positive light. If we learn about misconducts or misrepresentations that we feel do not represent our community, your candidacy will be removed.

Additionally, we ask that you please exercise patience in waiting for an admissions decision. Respecting this request allows us to focus on reviewing applications to ensure we can get decisions out as quickly as possible for everyone.

Admission decisions will be emailed to applicants by the date listed on the admissions page using the email address used to register the application. Please ensure this is the email you would like to be used for contact. A select number of students will be placed on a waitlist.

Please refer to the admissions page for the dates that decisions will be released. We ask that you please exercise patience in waiting for an admissions decision. Respecting this request allows us to focus on reviewing applications to ensure we can get decisions out as quickly as possible for everyone.

The school is open to anyone below the age of 30 years old.

Becoming an Entrepreneur is an innovation and business course designed for aspiring entrepreneurs who want to explore an entrepreneurial path and overcome some of the initial challenges in taking those first steps

From developing new business ideas and doing market research to entrepreneurial strategy and pitching, this course will challenge you to get you away from your computer screen and into the community to make a real impact.

The course includes:

  • Overcoming the top hurdles to starting a company
  • Coming up with business ideas
  • Performing market research and choosing your target customer
  • Developing your positioning and entrepreneurial strategy
  • Defining your goals as an entrepreneur and business, plus pitching and selling to customers

The course curriculum follows the same entrepreneurship framework that made the Featured Guest Speakers successful. It includes proven methodologies such as Disciplined Entrepreneurship, Lean Startup, and Design Thinking.

Tuition for the 2021 school year is $4,999.

As a first year program we are flexible to accommodate your financial means, please email jerseyshorestartupschool@gmail.com to inquire.

There is no formal financial aid set up but send us an email and let us know about your story / situation to see if we can accomodate.

A $500 deposit is due within one week of when a student is formally accepted.

Preferred payment is a check written out to The Jersey Shore Startup School but as a first year program we are flexible in accommodating your preferred means.

GET IN TOUCH

The best way to connect with a member of the Jersey Shore Startup team is by emailing us: jerseyshorestartupschool@gmail.com