What Does it Takes to Succees as a Bioentrepeneur?

2010 August 28
by Karl Schmieder

Life Science Leader just published my series of interviews with 3 bioentrepreneurs – Jim Chinitz of Population Diagnostics, Craig Shimasaki of BioSource Consulting and Stan Yakatan of Katan Associates. It was great fun to interview each bio-entrepreneur. Here’s a couple of key quotes:

Chinitz: The challenge… is how will you communicate your story? Will you conform to telling a watered-down version to an audience that won’t listen or want your pitch packaged their way? Or, do you look for the audience that will listen intently and take the time to get it?

Shimasaki: [To be successful as a bioentrepreneur] You must have passion, vision, and persistence. …you need to create the opportunities to be successful. You need to go out and talk to people, ask questions, take risks, listen to new ideas, and be a part of the larger biotechnology community.

Yakatan: Everyone starts a company with a plan. The biggest challenge is being able to modify that plan. The easiest way to fail is to stick to a rigid plan.

Read it over at Life Science Leader.

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