linkedin post 2013-02-03 06:53:41

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WORKING STYLES ARE IMPORTANT since in startups with few employees each person's character is magnified in importance. I used to have a senior executive who would throw the phone across the room in temper tantrums (when his first baby arrived he mellowed a lot!). This had a big impact in a company of ten people, and he could be quite intimidating. Knowing somebody's working style ahead of time is an important hiring issue to figure out unless you want this kind of problem. http://lnkd.in/7PuNxZ View in LinkedIn
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linkedin post 2013-02-03 06:45:01

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THE CULTURE OF AN EMERGING COMPANY IS IMPORTANT and usually, if not always, reflects the values of the CEO or Founder. This article examines the balancing act of cultural fit versus talent in hiring, and that an ideal hire should have both. The culture you create in your new company matters enormously. I can walk into a new company and within 20 minutes have a feel for it. Some are closed and suspicious; others trusting and curious; some are overly hip and experimental, while others too stiff and formal. Your culture will determine your interaction style with the outside world. http://lnkd.in/Vqdjby View in LinkedIn
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linkedin post 2013-02-03 03:27:30

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CLUSTERS ONLY WORK WITH INTERACTION. The MRC Unit at Cambridge (UK) has had more than its share of famous scientists. The reported answer to why, was surprising. Because at 10:30 am and 3:30 pm the tea lady rang a bell and people emerged from their labs for a cuppa. They chatted about their experimental" "problems, and cross-fertilization of ideas occurred. Combined with a lively pub scene where ideas also got debated and unlikely friendships crafted, this was a healthy, interacting early cluster that was very productive. Without interaction, there is only proximity. http://lnkd.in/uVx-xM View in LinkedIn
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linkedin post 2013-02-03 03:14:30

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BLOOD STEM CELL TRANSPLANTS ARE USED WIDELY TODAY and will increase in the future. We are in the midst of an important change in the way we treat diseases. Small molecule drugs are being trumped by biological medicines (in terns of annual approvals), and biological medicines may one day be trumped by cellular medicines. We are in the midst of truly fundamental and historic changes in medicine. http://globenewswire.com/news-release/2013/01/30/519544/10019770/en/1-Millionth-Blood-Stem-Cell-Transplant-Marks-Major-Medical-Milestone.html View in LinkedIn
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linkedin post 2013-02-03 02:48:21

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MAKE YOUR SALES PROJECTIONS BOTTOMS-UP IF YOU PLAN TO SELL PRODUCT YOURSELF. if you are going to license your product, ignore this. Otherwise, listen up. X% of a billion dollar market is a standard pitch. However, it is meaningless. Build your sales forecasts by estimating the actual number of sales calls per day, the number of successes, by how many sales people. Your credibility is always shot when you pitch a small share of a huge market (top-down forecasts), View in LinkedIn
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linkedin post 2013-02-03 02:35:38

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REMEMBER THAT FOUNDER'S DEBT WILL NEVER BE REPAID. You started a company, left your job, and worked crazy hours? Along the way, you paid out-of-pocket for everything? Then you added it all up, and between the cash outlay, and the personal liability on big-ticket items, you had already invested 250,000. Be VERY aware that this will never be repaid in any financing. Sweat equity and capital invested are yours alone. If you cannot afford that burden, you had better look out for Angel investors early on. View in LinkedIn
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