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November 2015

7 Common Mistakes of Entrepreneurs and How to Fix Them

By | November 14th, 2015|Categories: BioBlog|Tags: , , , , , , |

Most entrepreneurs start out with great optimism because they perceive in their minds a visionary product or service that could revolutionize some facet of work, life, industry or medicine. First time entrepreneurs embark on this journey with lots of energy and motivation that propels them to step [...]

April 2012

The Benefit of Biotechnology Experience

By | April 23rd, 2012|Categories: BioBlog|Tags: , , , , , |

When venture capitalist Robert Swanson, and biochemist Dr. Herb Boyer each put in $500 to start Genentech in 1976, it could hardly be said that they knew what they were getting into, or how they were going to make their company successful. [...]

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April 2011

Can I Start a Company and Still Remain an Academic Professor or Physician?

By | April 4th, 2011|Categories: BioBlog|Tags: , , , , , |

You may be a Professor or Practicing Physician at a University or Research Institution and ask the question “How can I start a biotech company if I don’t really want to run it?” Don’t worry! You don’t have to be [...]

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August 2010

BioEntrepreneur: Why You Need A Lawyer?

By | August 31st, 2010|Categories: BioBlog|Tags: , , , |

What is the first thing a biotech entrepreneur should do when thinking about formally starting their company??? One of the first things is to talk with an experienced attorney who has worked with start-up biotechnology companies.  Too many entrepreneurs say they [...]

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How Much is Your Company REALLY Worth?

By | August 2nd, 2010|Categories: BioBlog|Tags: , , , , , |

Determining Valuation for Early and Latter Development-Stage Biotechnology Companies – All biotech entrepreneurs at some point must address the question “how much is your company worth?” The answer determines the slice of equity for yourself, employees, and current and future [...]

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July 2010

How Does an Entrepreneur Find Venture Capital For Their Business?

By | July 9th, 2010|Categories: BioBlog|Tags: , , , , , |

The lifeblood of a young biotech company is cash. Without capital, the greatest of ideas get nowhere.  The biotech entrepreneur must successfully identify and access consistent sources of capital over the life of their organization in order to transform their [...]

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May 2010

“Homey” Rules for Entrepreneurs The Biotech Industry is Finally Profitable!

By | May 17th, 2010|Categories: BioBlog|Tags: , , , , |

Sometimes people make simple things complex.  However, most of the time we make complex things impossible.  George Whitesides has a knack for making complex things seem easy.  He is a professor of chemistry at Harvard and a serial entrepreneur. Whitesides [...]

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The Biotech Industry is Finally Profitable! So What Does That Mean?

By | May 2nd, 2010|Categories: BioBlog|Tags: , , , , , |

A recent report from Ernst and Young acclaimed that the biotechnology industry finally reached profitability for the first time in history with a net income of $3.9 billion in 2009 (Beyond Borders: Global Biotechnology Report 2010). This is a significant [...]

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April 2010

What to do First? 7 Steps to Starting a Biotechnology Company

By | April 6th, 2010|Categories: BioBlog|Tags: , , |

Most would-be entrepreneurs believe that they will one day start a company, however they usually don’t  know how.  Starting a company cannot be haphazard.  Beginning a company requires significant planning and many events must simultaneously converge in order to be [...]

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