Explore Motives & Skills Needed
Motivations for Starting a Business
Life Impact of Starting a Business
Skills Needed to Start a Business
Skills Needed to Start a Business
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All Monique Aster
Motivations for Starting a Business
Skills Needed to Start a Business
Part I: SBIR/STTR & Other Seed Funding Overview and Getting Started
Part II: Writing and Submitting SBIR/STTR Grant Proposals
Registrations Required for Government Funding
All Leslie Bowen
Motivations for Starting a Business
Skills Needed to Start a Business
4: Market Research
5: Financial Analysis and Projections
8: Product Development and Marketing Plan
All Jayla Williams
Motivations for Starting a Business
Skills Needed to Start a Business
Part I: Business and Management Structure
Part II: Founding Team
7: Venture Capital and Other Funding
Characteristics of Successful Biotech Entrepreneurs
Characteristics that are common among successful biotech entrepreneurs include being
- Focused with single-pointed attention that you can adapt to each situation
- Creative with ideas on science, products or services, and dealing with challenges
- Flexible
- Willing to take risks and good at managing risk
- Self-motivating
- Visionary and good at communicating vision
- Passionate and persuasive
- Persevering
Source: Biolyze, 2018
Consider partnering with someone who complements you in these characteristics associated with success.
Skills Needed to Start a Business Successfully
A broad range of skills is needed to start a business and build it successfully. The skills needed differ with the stage of the business and the industry. Most of the skills needed can be learned as you need them or you can hire someone who has the skill and experience needed.
To learn what Business and Financial skills are needed to start a business, complete the Challenge.
Reference:
Biolyse. How To Start A Biotechnology Company Fast. Biolyse. August 21, 2018.
Tips:
- You will need many mentors for different aspects and phases of starting your business. Ask them for anticipatory advice about what you will need in the next phase of your business development.
- Be proactive in developing skills you need or finding someone to supply those skills before they are needed.
Read More:
Evaluate Your Business Skills
How Mentors Can Help Biotech Entrepreneurs
