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ENTREPRENEURS OFTEN HAVE LIMITED DATA POINTS for making key decisions. Large companies famously over-study decisions because they have a tough tine culturally making big decisions without sufficient data. Most startups work at the cutting edge of the world and data usually does not exist to make entireky rational decisions. The MO of startups has to be Hypothesis followed by Controlled Experiment. http://lnkd.in/3_apTz View in LinkedIn

CUSTOMER SURVEYS can be a Go/NoGo decision for your emerging business plan. As this article describes, it is important to do your homework to see if your intended customer would actually use your product. VCs will gain comfort from well-constructed quantitative data from such surveys, which should be short and sweet, or your response rate will be poor. http://lnkd.in/Gpm-zX View in LinkedIn

ROBOTS APPROVED IN HOSPITALS, a first of breed. Watch this space for remote sensing and more telemedicine advances. Already new remote sensing technology is being developed to help monitor elders at home. http://lnkd.in/SXNG2a View in LinkedIn

AUTOLOGOUS NERVE CELL IMPLANTS FOR PARALYSIS have been a long time coming, but here is the first approved trial. Knowledge of making mature cells regrow has advanced considerably in recent decades. This is a different type of stem cell treatment, all using the body's own cells to repair a lesion. http://lnkd.in/ZKdKQ4 View in LinkedIn

SETTING UP FOREIGN OFFICES is almost always invaluable if you plan to do business or raise capital abroad. Most CEOs make the fatal mistake in thinking that this is costly (rent, phone, a secretary at least), heavy ear an tear on key staff (travel back and firth), and complex (wholly owned subsidiaries). None of these common objections are true. Done properly, with the right help, this can be a few hundred dollars a month. Done properly, they will greatly assist your foreign business activities. View in LinkedIn

GOOD BOARDS ARE KEY FOR GOOD COMPANIES. This excellent article summarizes key elements on both sides of the table. Memorable reading, and a MUST READ for all young companies thinking a out a board for the first time. http://lnkd.in/iE5EqQ View in LinkedIn

DEVELOPING INTERNATIONAL BUSINESS RELATIONS CAN BE DAUNTING. You know that you must either raise capital overseas, or try and book foreign sales. You do not perhaps have perfect language skills (English for most places is the business language), or you know that the cultural issues will be hard to learn (Asia). Having international advisors is CRITICAL to guide you in this challenging task. They can setup the logistics, help interpret, give cultural guidance, and open doors. Failure to use them risks blowing your one and only chance to get your message to your future foreign partner. View in LinkedIn

BIOLOGICAL DRUGS ARE BECOMING HALF OF DRUG APPROVALS and the face of future medicine. These enormous numbers illustrate the value generation from a single big hit in pharmaceuticals. http://lnkd.in/QVRs6k View in LinkedIn

MBOs CAN BE VERY VALUABLE. Some business gurus feel these may be archaic. I happen to like them a lot, when constructed thoughtfully. Corporate goals and personal goals must be clear and measurable. According to what percentage of your goal you meet, you will be rewarded at year-end with stock/cash bonuses. You can develop these with your whole organization so that they aim to achieve your corporate strategy. At year-end, the management will give the Comp Committee of the board their data summaries and recommendations. This is a great metric to focus and reward achievements, not effort. View in LinkedIn

STAR TRECK ARRIVES in our offices with the many occasions of news like this. The most important entrepreneurial question is to stand on the shoulders of giants and ask: "what else can this be applied to?" http://lnkd.in/FDAkP6 View in LinkedIn