Frequently Asked Questions
Founders Genie is intended to be a network of thousands of founders (Currently about 100+) who come together to solve real life problems, all in 15 Mins. It is one of the various forums under the umbrella of CXO Genie with the common purpose of solving any given problem for any Founder.
The primary purpose of Founders Genie forum is to solve real life problems being faced by entrepreneurs and founders in 15 mins. Secondary purpose is networking with fellow entrepreneurs globally. Nature of queries range from request for sharing contacts of experts, seek advice on funding/financial/business aspects, open jobs, referring candidates etc.
However, we do not allow sharing Forwards, Jokes, Images, wishing on birthdays, anniversaries, on festivals, National holidays, political opinions, etc. This helps us maintain focus on proving solutions to problems on the forum. In case a member feels strongly about sharing any forward, the member must donate 200 points for each such share. Members are however allowed to share their personal achievements on the group. Example: Founder award etc. We encourage members to congratulate or welcome members on a 1:1 basis only, thereby connecting with them on a personal level.
This Forum is a closed group and is strictly on invite or referral basis. The referral has to be by the existing member who is personally known to the new member. The intention is to have like-minded people on the group, who are willing to either benefit from the group or contribute to it. The decision of providing membership to the group solely rests with the CXO Genie management team. If you have got this note as a part of the invite or from an existing member, you can register your interest on the following link and we will reach out for a conversation: https://forms.gle/6tRbhUHd8Yvpcs7H7
As long as you have served in the capacity of a Founder or a Co-founder, (for a company valued between $1-100 MM) in any tenure of your professional journey, you are eligible to be a member. The members are not restricted to the type of company or industry. However, once a member, even though you may cease to be associated with a company, or your role may change, the membership is not annulled.
We focus on solving real life problems, in real time and thus structured differently in following areas:
• By Invitation or referral only, and limited to very accomplished and like-minded entrepreneurs
• Closed group, by invitation only. Strict privacy adherence
• Understanding that Founder’s don’t have time, aligned processes to deliver best value for time
• 15 Minutes to problem solving supported by technology and real time connectivity
• Professionally curated by very senior industry professionals, with relevant experiences
• High quality of discussions that are free from spam, advertisement, forwards etc.
CXO Genie APP is a platform that the forum uses to leverage the power of Technology and enable solutioning within 15 Mins (And by the way, we have built it with the belief that even Hiring a candidate should be a 15 Mins thing!). Queries are posted, information is shared and new members are added. CXO Genie APP is a very broad platform, and uses technology to streamline and organize the information, making the navigation completely effortless. As this App has related costs associated with it, it is available to subscribed members only. Member’s corporate can cover for the subscription too. Members can opt for free membership as well and therefore being on the APP is not mandatory. Free members are still entitled to receive Invite to events, receive Founders Genie Newsletter, networking sessions, Webinars etc on a cost sharing basis while still being able to leverage the network in a limited way. (Cost sharing is not applicable to subscribed members). Free members however miss out on the ability to stay connected Realtime with other founders or use technology to solve any given query within 15 mins.
While the App packs in a lot of technology, below is the high level set of top features and benefits:
A. Member directory, with build in numbers, mail ID, ability to call, E-mail other members etc. Now reaching any other Founder in the country is at your fingertips. Ability to filter is unique.
B. Job Posting & Access to talent: Ability to access talent, apply filters etc, Shortlist candidates etc (no charges). App has the ability to automatically shortlist top 3 relevant candidates whenever any member posts an open role on the platform. This happens real time.
C. Only platform with 100% of candidates being pre-referred. All candidates on the platform are pre-referred by other CXO’s and founders, and with full access to Mail-ID’s, Phone numbers etc, built into the platform.
D. Real time solutions: The APP is built to enable group conversations that can handle thousands of members simultaneously (Vs say, WhatsApp that can handle only 256 members), and enable solution for any given problem with 15 minutes be leveraging more than 5000 years of relevant experience. There is full traceability and history maintained for the solutions given.
E. Access to historical solutions: Unlike WhatsApp, where access to conversation is available only prospectively, any member on the APP gets access to all historic conversations as well.
F. Micro learning Platform: The App serves as a micro learning platform for Founders across the spectrum with every new query or challenge posted by one Founder while being solved by others.
In case, you would like to introduce a friend/ ex-colleague/ peer/ family, who fits the criteria, please send a mail/ (Once you have spoken to the proposed member). Please include Name, Designation, Company and Mobile number of your reference. We will then help onboard the person, giving them details of the group and features etc.
Since the membership to the forum is by Invite only (or by referral), we encourage members to refer other great founders they meet. To reward this, a separate referral program is in place.
We organize annual brunch meetings, once annually in each of the five regions, to enable a face to face interaction with members along with families. These meetings are held in Singapore, Dubai, Bengaluru (For South), Gurgaon (for North) and Mumbai (for West). There is no restriction on the number of events and region you wish to attend.
There is no charge for subscribed members and spouses. However, for non-subscribed members, Annual events are on cost sharing basis. At the time of the event, you may use the points that you have accumulated to pay for the same. Each point is worth INR 10/-. Other modes of payment are by NEFT, Cheque, Cash, Paytm etc. Option of payment by credit card is also available via an online link.
Members using the CXO Genie App can simply generate a link and send to the candidate, by pressing “+” Button in the candidates section of the App.
However, members not using the CXO Genie APP can send the below link to the candidate they want to refer, the candidate can fill up the below link, following which his details will be visible to all other founders and CXO’s for suitable job openings.
On the CXO Genie App, the candidates tab offers three advantages:
I. If you have a vacancy in your team, you can view a comprehensive list of candidates, who are looking for a suitable opportunity, recommended by fellow Founder members. When you click on any particular name, you will be able to see a snapshot of the individual’s career path. For more details, it also provides access to their Linkedin profile, as well as their uploaded resume.
II. If you want to refer a candidate, click on the ‘+’ sign. This will generate a link to be shared to the candidate, which can be shared via your preferred mode of communication (email, Whatsapp, Sms, etc).
III. Once your referred candidate has uploaded her/his details, the App has the ability to suggest top 3 most suitable jobs from available vacancies. You can then speak to the Founder who has posted the role and connect the candidate to her/him.
The validity of a candidate’s profile is for 6 months from date of posting. Post this, the referrer shall get a notification, asking whether to close the candidature or continue maintaining the same online.
Also, the database of Jobs and Candidates is available only to members using the Mobile App as this is now an automated process.
You can contact the suitable candidate directly via email or phone number available in the App. Do give them the name of the referrer, as it appears in the database. You may also reach out to the referrer for recommendations/ feedback.
For Members using the App:
The Jobs tab on the CXO Genie App, is for all vacancies with CTC < INR 60 Lakhs. When you click on the tab, it will show you the list of jobs already posted by fellow members.
I. If you want to post a job, click on the ‘+’ sign, which will then open a form for you to fill in the details. Once you are done with filling the form, you can view the same on the App. Basis the information shared by you, the App matches key criteria to suggest top 3 candidates suitable to this vacancy, which can be viewed right next to the job details.
II. Suggested candidates are automatically firmed up. You can still click on refer tab, if you want to suggest your candidate from the database.
The job posted is valid for 3 months, post which you will get a notification, asking whether you would like to close the vacancy online or continue maintaining it for next 3 months.
There are no restrictions in broadcasting the job details on the WhatsApp forum and seek CVs 1:1. However, the database of Candidates is available only to members using the Mobile App as this is now an automated process. However, for members not using the App, they can use the below link to post the job:
Any senior role (CTC > INR 60 Lakhs) is to be posted in the Senior role tab on the CXO Genie App. In this case, the founder is expected to provide the contact details (Name, Email and phone number) for the respective role in the App directly or to the Group Admin.
We have a zero-sum game. People posting queries or asking for vendor details, allot points, basis urgency and importance. The points are distributed, among those who respond, in multiple of 5's. While the admin, gets 10 points for every query solved for managing the group operations. There are no points for sharing CVs or posting jobs, or referring a member. The points are deducted from the person, who puts up the query, there by totaling to zero for each query and related responses. Minimum points per query are 25 points. The Admin takes care of the point system, which we shall be automating on the App. (CXO Genie Platform).
For e.g: If a member asks for consultant reference, who provides services in tax registration in various states. 25 pts is deducted from the member asking the query, 10 pts are added to Admin’s kitty, and remaining 15 pts are distributed in multiples of 5 amongst members who respond. For more complex queries the pts are higher.
However, for posting openings of Senior positions with CTC >60 L, 50 points each are awarded to the referring member, which is deducted from the admin’s kitty.
We do not encourage using the platform for marketing or commercial purposes, unless any member query is specifically related to services provided by your Company. In any case, if you do wish to advertise (only for the company you work for), then we allow the same on donation of 200 points to admin’s kitty.
Members enjoy the freedom to initiate & drive discussions. However, we strongly recommend to not seek confidential company information or share on the forum. Founders Genie members/ admin does not take the onus of maintaining non-disclosure of the same.
In early 2017, a couple of our members suffered sudden personal tragedies, in the form of loss of a loved one. Post this, they were running pillar to post to get the transfer of title and other legal and financial procedures in order. They reached out to Founders Genie, and our members went beyond their professional capacity to accommodate for our fellow members in these times of crises. Following this incident, we set up a SPF (Secure & Protect your Family) Challenge, to coax our members to record their legal and financial details and share with their family. We provided them with guidance on how to go about it, as well as a support team was set in place to which one could reach out for advice or ask their queries with respect to how to write a WILL, is the family adequately covered financially and other aspects.
This is a support initiative where one can register at any given point in time. Most importantly we do not solicit or hold in our custody any of your personal legal and/or financial details.