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Ideation

How the right partnership can serve as an early-stage accelerator

In the rush to create a product, build a team, and secure funding, startups often fail to focus on partnerships, an underutilized and undervalued commodity for new entrepreneurs.

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Christina Hernandez Sherwood
on July 22, 2014
Category:  Creation  Ideation 
Human-centered input helps steer design of 'smart' health care devices

Even if the designers of 'smart' health care devices have the technology figured out, they need help in figuring out what matters to the people they hope will use the devices. That means obtaining timely, meaningful input from patients, physicians and other end-users.

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Dan Emerson
on July 16, 2014
Category:  Ideation 
Panel weighs challenges of getting patients to use digital devices for health

The new, digital devices designed to gather and transmit real-time patient data have great potential to transform health care. But, to realize that potential, those who engineer and design the devices need to figure out ways to fully engage patients in using them.

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Dan Emerson
on July 15, 2014
Category:  Ideation 
Why market research – before you build your product – is essential

Sherwin Sheik was passionate about launching his healthcare startup, CareLinx, a caregiver marketplace that helps families find pre-screened home caregivers that fit their needs.

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Christina Hernandez Sherwood
on July 15, 2014
Category:  Creation  Ideation 
Health and Human Services makes push for patient engagement

Finding ways to involve patients in taking more responsibility for their own health has been a perennial topic in health care, and the discussion has taken on new urgency with the growing need to control costs while improving quality of care.

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Dan Emerson
on July 14, 2014
Category:  Ideation 
Creating new pathways in translational innovation

In my first eMed column, I explained the world of translational medicine -- and the opportunities it presents for entrepreneurs in a "translational innovation" space. Many people might not realize that some of this work merging translational research and innovation is already taking place in academic departments.

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Matthew T. Keener, MD
on July 10, 2014
Category:  Ideation 
Winning participants of Energizing Health: Pittsburgh

The Energizing Health Collaboration Series is continuing its national road trip, connecting six cities that are leading the next wave of health innovation.

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Matthew T. Keener, MD
on July 08, 2014
Category:  Ideation 
Definition: Minimum viable product

A minimum viable product, or MVP, comes even before a prototype.

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Matthew T. Keener, MD
on July 02, 2014
Category:  Ideation 
How an entrepreneur validated his business model in a crowded market

With so many products marketed to people who want to quit smoking, the market might not seem ripe for another smoking cessation service.

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Christina Hernandez Sherwood
on July 01, 2014
Category:  Creation  Ideation 
What is a pivot?

In entrepreneurship, a pivot occurs when a startup changes its business model.

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Matthew T. Keener, MD
on June 30, 2014
Category:  Ideation 
Factoring emotional distress in a tech culture

Whether one is a Millennial or Gen-Xer, a boomer or a hipster, we all have something in common: emotional distress.

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Matthew T. Keener, MD
on June 26, 2014
Category:  Ideation 
Definition: Business Model Canvas

The Business Model Canvas is a strategic management and entrepreneurial tool that allows entrepreneurs to describe, design, challenge, invent and pivot their business model.

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Matthew T. Keener, MD
on June 25, 2014
Category:  Ideation 
Why client needs should dictate your business plan

Many entrepreneurs develop their business plan before landing clients. Yet that wasn't the case for Insight Health Systems, which sells the web application Chorus.

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Christina Hernandez Sherwood
on June 24, 2014
Category:  Creation  Ideation 
Does B2B come after ACA?

Here's a portion of an amazing article from Josh Rosenthal, an adviser for our Energizing Health: Pittsburgh event.

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Matthew T. Keener, MD
on June 19, 2014
Category:  Ideation 
Definition: Patient engagement

Patient engagement refers to a series of activities that empower a patient, caregiver, and healthcare provider in the ongoing coordination and management of his medical care.

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Matthew T. Keener, MD
on June 18, 2014
Category:  Ideation 
If entrepreneurship is a lock and key, start with the lock

There are two ways to start a company. Entrepreneurs must begin with either the lock or the key.

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Christina Hernandez Sherwood
on June 17, 2014
Category:  Creation  Ideation 
What is emotionally-healthy technology?

Emotionally-healthy technology refers to technology that interacts with a user in a way that can improve emotional wellbeing.

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Matthew T. Keener, MD
on June 16, 2014
Category:  Ideation 
Why healthcare entrepreneurs should embrace the iterative

In the early days of the patient safety and healthcare improvement company Qualaris, the startup's team installed wireless tracking sensors in hospitals to help healthcare providers improve compliance with best practices. But Qualaris wasn't a hardware company for long.

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Christina Hernandez Sherwood
on June 10, 2014
Category:  Creation  Ideation 
What is translational medicine?

Translational medicine is a field that focuses on "translating" medical research into health tools and solutions for patients.

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Matthew T. Keener, MD
on June 09, 2014
Category:  Ideation 
Why we need entrepreneurship + translational medicine

The number of physicians who receive training in translational medicine is few, and even fewer are those who take this skill set into the market to develop new technologies based off this understanding.

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Matthew T. Keener, MD
on June 06, 2014
Category:  Ideation 
Meet eMed Guest Editor Matt Keener

Meet Matt Keener, eMed's editor for the next five weeks.

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Christina Hernandez Sherwood
on June 05, 2014
Category:  Ideation 
Definition: Interaction design

The term "interaction design" refers to designing a product or service by focusing on how people will use it.

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Christina Hernandez Sherwood
on May 28, 2014
Category:  Ideation 
Hacking Healthcare Entrepreneurship: a new eBook from eMed

In a new eBook from eMed, you'll learn about the H@cking Medicine process, get insight from entrepreneurs who got their start at these hackathons, and go inside the "hackathon of hackathons."

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Christina Hernandez Sherwood
on May 20, 2014
Category:  Ideation 
How one healthcare entrepreneur created his own access

Like many healthcare entrepreneurs, Amos Adler of MEMOTEXT found it difficult to access the stakeholders who could help to make his patient adherence company a success.

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Christina Hernandez Sherwood
on May 20, 2014
Category:  Creation  Ideation 
Definition: Elevator pitch

With an elevator pitch, an entrepreneur should be able to articulate their business concept in 30 seconds or less.

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Christina Hernandez Sherwood
on May 14, 2014
Category:  Ideation 
How can the Kauffman Foundation help serve healthcare entrepreneurs?

eMed's mission -- helping entrepreneurs navigate the healthcare space -- is particularly complex.

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Christina Hernandez Sherwood
on May 07, 2014
Category:  Creation  Ideation  Growth  Execution 
How one healthcare startup tackled the problem that stumped Google

With large companies already trying to tackle the problem of compiling medical records, it seemed like an impossible mission for a startup.

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Christina Hernandez Sherwood
on May 06, 2014
Category:  Creation  Execution  Ideation 
Definition: Business model validation

Every healthcare entrepreneur needs a business model to get their startup off the ground. But a business model needs to be validated to ensure a startup's success.

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Christina Hernandez Sherwood
on April 02, 2014
Category:  Ideation 
Lessons from Healthcare's Grand H@ckfest

When more than 450 participants packed the top floor of MIT's Media Lab this month, they were joining H@cking Medicine's Zen Chu in a "grand" experiment.

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Christina Hernandez Sherwood
on March 27, 2014
Category:  Ideation 
Tracking innovative ideas at Healthcare's Grand Hackfest and beyond

Dozens of teams spent the weekend at Healthcare's Grand Hackfest brainstorming on novel ideas to solve problems in healthcare. And at least some of the participants continue to pursue projects that got their start during the Hackfest.

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Nicola Parry
on March 25, 2014
Category:  Ideation 
How self-selection can create a successful founding team

A healthcare entrepreneur initially planned to be intentional in building her team. But self-selection took over.

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Christina Hernandez Sherwood
on March 25, 2014
Category:  Creation  Ideation 
A hands-free vision for healthcare

As the final hours ticked away at Healthcare's Grand Hackfest: Idea to Breakthrough Innovation in One Weekend, teams huddled together in the Massachusetts Institute of Technology Media Laboratory, continuing to brainstorm on their design and prototype innovative breakthroughs from the last few days.

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Nicola Parry
on March 21, 2014
Category:  Ideation 
Harnessing the power of social media for social good in healthcare

In the final day of Healthcare's Grand Hackfest: Idea to Breakthrough Innovation in One Weekend, teams prepared the final push for their ideas developed over the course of a few days at Massachusetts Institute of Technology.

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Nicola Parry
on March 20, 2014
Category:  Ideation 
The winners of Healthcare's Grand H@ckfest

Last weekend, hundreds of entrepreneurs, designers, engineers and healthcare professionals came together in Boston to "hack" some of healthcare's biggest pain points.

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Christina Hernandez Sherwood
on March 20, 2014
Category:  Ideation 
Photos from Healthcare's Grand H@ckfest

If you missed Healthcare's Grand H@ckfest -- or just want to relive the whirlwind weekend -- check out our slideshow.

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Christina Hernandez Sherwood
on March 18, 2014
Category:  Ideation 
The key to raising funds from friends and family alone

Blain Tomlinson, the CEO of Walkjoy, has vowed to largely eschew venture capital funding for his company.

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Christina Hernandez Sherwood
on March 18, 2014
Category:  Creation  Ideation 
Checklists for collaboration in innovation

On day two of Healthcare's Grand Hackfest: Idea to Breakthrough Innovation in One Weekend, at Massachusetts Institute of Technology, keynote speaker David Clifford discussed the importance of thinking ahead in the innovation process.

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Nicola Parry
on March 15, 2014
Category:  Ideation 
Insights for innovators from a payer perspective at Healthcare's Grand Hackfest

At Healthcare's Grand Hackfest: Idea to Breakthrough Innovation in One Weekend, at Massachusetts Institute of Technology, day two of the program began with presentations from a panel of keynote speakers who shared some words of wisdom for innovators in the group.

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Nicola Parry
on March 15, 2014
Category:  Ideation 
Healthcare's Grand H@ckfest starts now

Healthcare's Grand H@ckfest, a collaboration between the Kauffman Foundation and MIT's H@cking Medicine, kicks off tonight in Boston.

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Zen Chu
on March 14, 2014
Category:  Ideation 
What are the different tech accelerators vs. health tech accelerators?

Accelerators are organizations that support entrepreneurs and their startups.

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Zen Chu
on March 10, 2014
Category:  Ideation  Creation 
How open innovation can overcome the complexity of healthcare entrepreneurship

Physician-inventors often spend the majority of their time secretly gathering data for a clinical paper or patent filing, convinced they have a billion-dollar idea and reticent to discuss it publicly. But the reality is that most inventions fail to address clinical efficacy.

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Zen Chu
on March 07, 2014
Category:  Ideation 
Healthcare tech entrepreneurs can take the Shark Tank plunge in Boston

Early-stage health technology entrepreneurs and startups can plunge into the "shark tank" at Brigham and Women's Hospital next month for the chance to find a clinical partner.

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Christina Hernandez Sherwood
on March 06, 2014
Category:  Ideation  Creation 
What are the open APIs available to access medical data?

The term "open API" refers to technologies that allow two different computers to talk to each other. Healthcare entrepreneurs can use open APIs to access medical data that will help them develop their product or service.

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Zen Chu
on March 03, 2014
Category:  Ideation 
How to host a H@cking Medicine hackathon

We'd like to see the H@cking Medicine mission -- connecting healthcare experts with outsiders to attack big problems and create noble businesses -- replicated on a large scale.

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Zen Chu
on February 26, 2014
Category:  Ideation 
Why it's the best time in history to be a healthcare entrepreneur

Now is the best time in the history of the world to be a healthcare entrepreneur, and those with fresh eyes on healthcare problems -- young health professionals along with patients, engineers, designers and entrepreneurs -- are able to make large and rapid clinical impact.

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Zen Chu
on February 20, 2014
Category:  Ideation 
Meet eMed Guest Editor Zen Chu

We've handed the keys of eMed over to Zen Chu and the team at H@cking Medicine.

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Christina Hernandez Sherwood
on February 20, 2014
Category:  Ideation 
How to find investors without pivoting from your mission

Like many healthcare entrepreneurs with social missions at the center of their startups, Kinsa's founder and CEO Inder Singh was faced with the challenge of finding investors without pivoting from his company's central goal.

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Christina Hernandez Sherwood
on January 14, 2014
Category:  Creation  Ideation  Execution 
Prepare your platform technology by developing multiple plans

A well-established business model is important for any startup, but it becomes even more vital for startups developing platform technology. IRISense CEO Brent Cousino said his company had multiple value propositions for his innovation that have provided different expansion paths of success.

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Ryan Amin
on December 31, 2013
Category:  Execution  Ideation 
Medtech predictions for 2014

2014 will be a better year for venture capital than 2013, but that won't necessarily mean it will be easier for entrepreneurs to raise money. And the life science IPO boom likely won’t be sustained.

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MedCityNews .com
on December 30, 2013
Category:  Creation  Ideation 
eMed's 6 to follow in entrepreneurship

See who made this week's list

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Ryan Amin
on December 27, 2013
Category:  Creation  Growth  Execution  Ideation 
Funding future for biotech is bright if you are prepared

Ronald Lindsay, CEO of Zebra Biologics Inc., thinks changes in the biotech industry will lead to a trend of success for biotech companies. His company’s technology can be used as a platform to discover and develop bio-superior antibody therapeutics and complex drug targets. Zebra has just pulled in $9 million in its first investing round, and Lindsay thinks one of the biggest changes for the future of biotech is the availability of venture funding.

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Ryan Amin
on December 24, 2013
Category:  Creation  Ideation 
eMed's 6 to follow in entrepreneurship

See who made this week's 6 to follow

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Ryan Amin
on December 20, 2013
Category:  Creation  Growth  Execution  Ideation 
What groups are most likely to use mHealth innovations?

People living with cystic fibrosis, growth hormone deficiencies and acne were among the most likely to report using their smartphones to find health information in a new survey from Manhattan Research.

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MedCityNews .com
on December 18, 2013
Category:  Ideation  Creation 
10 predictions for the healthcare industry in 2014

Based on healthcare industry predictions made last year by leaders and analysts, this year should have brought a re-evaluation of meaningful use (yep), a quantified self movement that would move mainstream (ehhh), more M&A activity in the industry (definitely), and the emergence of interoperability as a competitive benchmark for providers (not quite yet?).

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MedCityNews .com
on December 16, 2013
Category:  Growth  Ideation 
eMed's 6 to follow in entrepreneurship

See who made this week's list.

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Ryan Amin
on December 13, 2013
Category:  Creation  Ideation  Execution  Growth 
eMed's 6 to follow in entrepreneurship

See who made this week's list

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Ryan Amin
on December 6, 2013
Category:  Creation  Growth  Ideation  Execution 
Build a healthy company

Kim Popovits, CEO of Genomic Health Inc., gave the keynote speech at a Life Science Ventures Summit hosted by the Kauffman Foundation. Popovits closed her speech by stressing the importance of having a company that is "healthy" (34:56-40:22).

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Ryan Amin
on December 5, 2013
Category:  Creation  Ideation 
Complexities for startups within different healthcare spaces

"Domain specificity is important." It is so refreshing to hear a tech entrepreneur like Steve Blank say this. Blank has been working with researchers and clinicians for almost three years to bring the lean startup philosophy to healthcare. This is one of his conclusions about the industry.

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MedCityNews .com
on December 4, 2013
Category:  Creation  Execution  Growth  Ideation 
A patient's user experience is a driver for mobile apps

There are a great number of healthcare apps available to different players in healthcare. When it comes to the patient market for healthcare apps, a quality experience and a way for patients to be involved are the key.

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Ryan Amin
on December 3, 2013
Category:  Ideation 
eMed's 6 to follow in entrepreneurship

See who made this week's list

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Ryan Amin
on November 29, 2013
Category:  Creation  Execution  Ideation  Growth 
Why you should understand groups outside of your target market

It is common for startups to focus on a specific group for the target market for their product, but developing an innovation that benefits the direct user as well as the indirect users can go a long way during an entrepreneur's journey.

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Ryan Amin
on November 26, 2013
Category:  Creation  Execution  Ideation 
eMed's 6 to follow in entrepreneurship

See who made this week's 6 to follow in entrepreneurship.

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Ryan Amin
on November 22, 2012
Category:  Creation  Growth  Execution  Ideation 
Focus on product simplicity is perfect springboard for marketing

Building on a simple idea can be the most important thing for a company in the long run. A focus on a simplified solution and a diverse marketing plan were two key things that set Smart Monitor on a successful path.

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Ryan Amin
on November 19, 2013
Category:  Creation  Ideation  Execution  Growth 
eMed's 6 to follow in entrepreneurship

See who made this week's 6 to follow in entrepreneurship

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Ryan Amin
on November 15, 2013
Category:  Creation  Growth  Execution  Ideation 
Device design tips for diabetes and healthcare startups

The race for the first noninvasive glucose meter to hit the market is well underway and many more healthcare startups are entering the competitive diabetes treatment space. While trying to treat a large patient population, it's still necessary to focus on the details and patient needs. It's time to really drill down the market research and think about what kind of patients will use your medtech and how and how your company's value to patients and providers might change over time. Neurometrix (NURO) founder and CEO Shai Gozani had these two key pieces of advice for diabetes treatment startups:

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MedCityNews .com
on November 13, 2013
Category:  Ideation  Execution 
Why your innovation should complement rather than disrupt

Dr. Joshua Landy understands the importance of sharing medical experiences with other physicians. He wanted to take it a step further and make those experiences valuable to a greater range of healthcare professionals. Landy decided to launch Figure 1, hoping that it would change the way physicians worked day-to-day, and also make their daily work more accessible to their peers.

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Ryan Amin
on November 12, 2013
Category:  Creation  Ideation 
eMed's 6 to follow in entrepreneurship

See who made eMed's 6 to follow this week

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Ryan Amin
on November 8, 2013
Category:  Creation  Execution  Growth  Ideation 
eMed's 6 to follow in entrepreneurship

See who made this week's 6 to follow in entrepreneurship

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Ryan Amin
on November 1, 2013
Category:  Execution  Creation  Ideation  Growth 
What comes after the idea?

At a Life Science Ventures Summit hosted by the Kauffman Foundation, Huffington Post writer Jennifer Hill led a discussion focused on the players in entrepreneurship (0:11:57 - 0:14:52). The panel included Nick Franano, Avi Roop, Geoff Clapp and Sofie Qiao.

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Ryan Amin
on October 31, 2013
Category:  Ideation  Creation 
eMed's 6 to follow in entrepreneurship

See who made this week's 6 to follow in entrepreneurship.

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Ryan Amin
on October 25, 2013
Category:  Creation  Growth  Execution  Ideation 
Dominique's Desk: Business model strategies

Entrepreneurs need to be creative and innovative not only with their product or service, but also with how they think about their business model. In life science and digital health, understanding one's value proposition is key. But it's not always obvious - especially considering to whom the value proposition is most compelling. For this exercise, I find Alex Osterwalder's Value Proposition Canvas particularly helpful.

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Christina Hernandez Sherwood
on October 24, 2013
Category:  Ideation  Execution 
Have a long-term plan that is clear for investors

Kim Popovits, CEO of Genomic Health Inc., gave the keynote speech at a Life Science Ventures Summit hosted by the Kauffman Foundation. Popovits shared her personal experiences as examples during her speech, and a major focus was on developing a proper business model to gain the right investments (17:50-21:26).

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Ryan Amin
on October 24, 2013
Category:  Ideation  Execution 
7 trends of venture-backed healthcare startups

Although there's been a trend over the past couple of years of venture investment in biotech going into companies in the later stages of their development, a new report illustrates the result of that trend. Of the 18 venture-backed "big exit" merger and acquisition deals in biotech in 2012 (an eight year high), half were at the commercial stage.

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MedCityNews .com
on October 23, 2013
Category:  Growth  Ideation  Creation 
Communication is a key to disruptive innovation

Innovation is often called "disruptive" in the healthcare industry, and the first step toward making that innovation successful is to get a product's targeted users to accept change. Founder of Fitzeal, Clifton Dawson, found a way to get people to use his product by focusing on a strong user support system.

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Ryan Amin
on October 22, 2013
Category:  Execution  Growth  Ideation 
Making health data accessible with a goal of improving healthcare quality and cost

As politicians have continued to debate the pros and cons of the Affordable Care Act, aka "Obamacare," some federal health officials have been working to spread the word about another aspect of healthcare reform: the move to give consumers more access to their own healthcare data.

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Dan Emerson
on October 21, 2013
Category:  Ideation  Execution 
eMed's 6 to follow in entrepreneurship

See who made this week's 6 to follow in entrepreneurship.

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Ryan Amin
on October 18, 2013
Category:  Creation  Execution  Growth  Ideation 
Mayo Clinic collaboration with OptumHealth to spin off new technologies

For those hoping to use data analytics as a tool to help improve the U.S. healthcare system, patient records represent a potential gold mine of information to identify the most effective and cost-efficient practices to diagnose and treat specific conditions.

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Dan Emerson
on October 16, 2013
Category:  Ideation  Creation  Execution  Growth 
New Kauffman site offers expert resources for entrepreneurs

The Kauffman Foundation has recently launched a new site called the Founders School. Healthcare entrepreneurs can use this site to discover new resources for common entrepreneurial problems.

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Ryan Amin
on October 16, 2013
Category:  Creation  Execution  Growth  Ideation 
eMed's 6 to follow in entrepreneurship

See who made this week's list for who to follow..

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Ryan Amin
on October 11, 2013
Category:  Creation  Execution  Ideation  Growth 
Getting payer insights for reimbursement strategy

Scott Howell, head of patient access at Genentech, led a panel at a Life Science Ventures Summit hosted by the Kauffman Foundation on the topic of reimbursement strategies. Howell directed the panel, consisting of Christine Bunt, Danielle Zurovcik, Steve Rosenberg and Sean Duffy, on the sub-topic of payer insights.

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Ryan Amin
on October 10, 2013
Category:  Ideation  Execution 
New eMed research report: H@cking Medicine

H@cking Medicine brings together entrepreneurs, engineers, clinicians, scientists and designers with the motivation to launch disruptive healthcare startups.

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Ryan Amin
on October 9, 2013
Category:  Ideation  Creation 
Technology infrastructure a lifeline in healthcare

Technology infrastructure got some respect during a panel discussion at Health 2.0, "The Changing Infrastructure Behind Health 2.0 Companies."

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Mari Edlin
on October 9, 2013
Category:  Ideation 
Priceline co-founder says relax and imagine to implant innovation in healthcare

"We're doing fine" are the three most dangerous words in business, according to entrepreneur Jeff Hoffman.

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MedCityNews .com
on October 9, 2013
Category:  Ideation 
Is an accelerator the right path for you?

Accelerator programs can provide many perks to entrepreneurs. Two of the biggest rewards from an accelerator are networking and mentorship. However, not all startups choose to take the accelerator path. Elli Kaplan, co-founder and CEO of Neurotrack, feels her experience with Rock Health played a significant role.

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Ryan Amin
on October 8, 2013
Category:  Creation  Ideation 
"Unmentionables" session at Health 2.0 addresses vulnerability

The "Unmentionables" session at Health 2.0 seems to be almost an anomaly among the predictably young group of entrepreneurial attendees, but apparently there are some topics that are not discussed in healthcare, from divorce, work stress and alcoholism to sex and suicide.

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Mari Edlin
on October 4, 2013
Category:  Ideation 
eMed's 6 to follow in entrepreneurship

See who made the list this week for eMed's 6 to follow

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Ryan Amin
on October 4, 2013
Category:  Creation  Growth  Execution  Ideation 
Who are the right people for your team?

During a panel focused on the players in entrepreneurship, Huffington Post writer Jennifer Hill led a discussion on team building for startups (0:21:57 – 0:27:42). The panel at Life Science Ventures Summit included Nick Franano, Avi Roop, Geoff Clapp and Sofie Qiao.

[More]
Ryan Amin
on October 3, 2013
Category:  Creation  Ideation 
Providing value is key to healthcare data companies' success

As panelists at the 2013 StrataRx conference in Boston expounded last week on the potential of “big data” in healthcare, another, auspicious industry event was taking place not far away.

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Dan Emerson
on October 2, 2013
Category:  Growth  Execution  Ideation 
The value of passion in your founding team

Some entrepreneurs have compared co-founding a startup to being married with a child. It takes teamwork, passion and focus on the goal as a whole, according to Owlet’s Co-founder and Chief Marketing Officer Jordan Monroe.

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Ryan Amin
on October 1, 2013
Category:  Creation  Ideation 
Healthcare IT on the verge of big things, StrataRx panelist says

At the third and final day of the 2013 StrataRx conference in Boston, innovators in healthcare and big data assessed a rapidly evolving landscape. One of the key topics discussed was the current state of “deal flow” at the intersection of healthcare, big data and information technology.

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Dan Emerson
on September 27, 2013
Category:  Ideation  Growth 
eMed's 6 to follow in entrepreneurship

See who made this week's 6 to follow in entrepreneurship

[More]
Ryan Amin
on September 27, 2013
Category:  Creation  Ideation  Execution  Growth 
Big data, entrepreneurs key to improving quality and cost of U.S. healthcare

Data will drive many of the sweeping changes coming with the Affordable Care Act to the U.S. healthcare system. At the StrataRx conference in Boston this week, innovators in “big data” for healthcare assessed its role in bringing advances in personalized and predictive medicine, major cost savings and research that leads to new technologies.

[More]
Dan Emerson
on September 26,2013
Category:  Execution  Ideation 
Why pay attention to animal health

I am often asked about collaborations across disciplines and whether these result in real economic impact. I was recently reminded of not only how powerful this work can be but that it takes time to bloom.

[More]
Lesa Mitchell
on September 25, 2013
Category:  Creation  Ideation  Execution  Growth 
New entrepreneurship interview series includes life science innovator

Giles Shih, President and CEO of BioResource International, is one of the entrepreneurs featured in the video interviews. In these three videos, Shih discusses his company strategy, the effects of his education and his journey as an entrepreneur.

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Ryan Amin
on September 25, 2013
Category:  Creation  Ideation 
Users, feedback and a bear: How one healthcare entrepreneur tested his product

Healthcare entrepreneurs can see the potential for a product's success in the raw concept, but the product must go through a critical testing phase to reach that potential.

[More]
Ryan Amin
on September 24, 2013
Category:  Creation  Ideation 
New eMed white paper: business model canvas

Getting on the right path from the beginning is a key to an entrepreneur's success.

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Ryan Amin
on September 23, 2013
Category:  Ideation  Execution  Growth 
eMed's 6 to follow in entrepreneurship

See who made eMed's 6 to follow in entrepreneurship this week

[More]
Ryan Amin
on Septembers 20, 2013
Category:  Creation  Growth  Execution  Ideation 
How to test the strength of your business model

Entrepreneur and business model innovator Alexander Osterwalder led a business model discussion at a Life Science Ventures Summit hosted by the Kauffman Foundation.

[More]
Ryan Amin
on September 19. 2013
Category:  Creation  Ideation 
7 strategies to protect intellectual property for medical devices

Passed in September 2011, the final phases of the America Invents Act went into effect in March. Cyrus Morton, a partner at the Minneapolis office of Robins, Kaplan, Miller and Ciresi said this law represents the biggest change since the 1950s.

[More]
MedCityNews .com
on September 18, 2013
Category:  Creation  Growth  Ideation  Execution 
eMed's 6 to follow in entrepreneurship

See who made this week's eMed's 6 to follow in entrepreneurship

[More]
Ryan Amin
on September 13, 2013
Category:  Creation  Growth  Execution  Ideation 
What not to overlook in your reimbursement strategy

Most startups overlook three areas when developing their reimbursement strategy, according to Scott Howell, head of patient access at Genentech.

[More]
Ryan Amin
on September 12, 2013
Category:  Execution  Ideation 
eMed's 6 to follow in entrepreneurship

See our list for 6 people to follow for entrepreneurship

[More]
Ryan Amin
on September 6, 2013
Category:  Creation  Growth  Execution  Ideation 
Making of a successful entrepreneur

The Anatomy of an Entrepreneur provides insights into motivation, education and family history of startup founders. The research also shares views of those founders on determining success of new companies.

[More]
Ryan Amin
on September 5, 2013
Category:  Ideation  Execution  Creation 
Dominique's Desk: Creating community

Solving problems in healthcare isn't easy, especially given the complexity of the space and the diversity of the stakeholders. Creating communities of engaged stakeholders around a common problem can be a powerful approach to prototyping, testing, and deploying solutions. That's because these communities bring together people from multiple disciplines and perspectives.

[More]
Christina Hernandez Sherwood
on September 5, 2013
Category:  Creation  Ideation 
4 Lessons from CEOs of medical device startups in Europe

What with the medical device tax and regulatory hurdles, there is a lot of medical device startups are contemplating beginning business in Europe. But before you leap, look. Is America or Europe right for your company?

[More]
MedCityNews .com
on September 4, 2013
Category:  Creation  Ideation 
Why keeping it simple is a good strategy, even for innovators

With his educational background consisting of an entrepreneur degree plus a medical background specializing in orthopedics, Blaine Warkentine, Founder and CEO of Vimty, has continuously been able to find issues in the healthcare industry that can be improved.

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Ryan Amin
on September 3, 2013
Category:  Creation  Ideation 
eMed's 6 to follow in entrepreneurship

See this week's list for the 6 to follow in entrepreneurship

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Ryan Amin
on August 30, 2013
Category:  Creation  Growth  Execution  Ideation 
The surprising demographics of American technology entrepreneurs

American tech entrepreneurs aren't all 20-somethings from elite universities. A Kauffman Foundation survey of U.S.-born CEOs from 500 engineering and technology companies revealed that today's American tech entrepreneurs are middle aged, well educated in business or technical disciplines, and hold degrees from an assortment of universities.

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Christina Hernandez Sherwood
on August 29, 2013
Category:  Ideation 
5 LinkedIn tips for life science entrepreneurs

For life science entrepreneurs and professionals looking to build a business, search for the next opportunity or simply network, having a LinkedIn page is a necessity. But the passion people devote to looking for a job or investors on LinkedIn can come off as desperation and lead to bad practices like being overly familiar with people you've never met, having a picture of Brad Pitt as your profile photo or misspelling the name of the drug you've worked for years to develop.

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MedCityNews .com
on August 26, 2013
Category:  Ideation  Creation 
eMed's 6 to follow in entrepreneurship

See who made the 6 to follow list this week.

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Ryan Amin
on August 23, 2013
Category:  Creation  Execution  Growth  Ideation 
5 ideas to think about before starting to fundraise

Panelists at Great Lakes Venture Fair in Cleveland doled out some tips for budding entrepreneurs getting ready to do their first round of fundraising. On the panel were Jon Snyder, president and CEO of Cleveland neurostimulation company Neuros Medical; Kevin Mendelsohn, vice president of finance and corporate development for CardioInsight Technologies; Art Fritts, president and CEO of nanotechnology company NanoSperse; and Lisa Novelli, president and CEO of National Composite Center. Here's a quick rundown of what they suggested entrepreneurs think about before they raise any money.

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MedCityNews .com
on August 21, 2013
Category:  Ideation  Creation 
Top San Diego entrepreneur weighs in on future of healthcare

Qualcomm founder Irwin Jacobs believes cell phones and telecommunications will play a major role in the future of healthcare. The most successful entrepreneur out of San Diego, he recently explained his thoughts on the future of healthcare during an interview with ID8 Nation.

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Ryan Amin
on August 21, 2013
Category:  Ideation 
Why healthcare entrepreneurs need more than a core expertise

Though not all business owners can mimic Andrey Ostrovsky's trajectory, his experience taught him some best practices for cultivating good life science and digital health entrepreneurs. The most successful healthcare entrepreneurs he's seen have a killer combination of a broad, core expertise and a deep vertical.

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Christina Hernandez Sherwood
on August 20, 2013
Category:  Creation  Ideation 
eMed's 6 to follow in entrepreneurship

See who made eMed's 6 to follow in entrepreneurship this week.

[More]
Ryan Amin
on August 16, 2013
Category:  Creation  Execution  Growth  Ideation 
eMed's 6 to follow in entrepreneurship

See who made the list this week for eMed's 6 to follow in entrepreneurship.

[More]
Ryan Amin
on August 9, 2013
Category:  Creation  Growth  Execution  Ideation 
Who are user entrepreneurs?

"User entrepreneurs" have founded more than 46 percent of innovative startups that have lasted five years or more, even though the group only creates 10.7 percent of all U.S, startups.

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Christina Hernandez Sherwood
on August 08, 2013
Category:  Ideation 
Healthcare entrepreneurs' role in improving healthcare access and value

While the healthcare reform debate continues, fueled by the recent delay of the Affordable Care Act (ACA) provision requiring companies with more than 50 employees to extend health insurance to their full-time staff, the government can help improve access, value and quality of healthcare by encouraging entrepreneurship and innovation that can lead to lowering costs while improving medical technologies and services, according to Jonathan Ortmans' policy forum blog.

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Ryan Amin
on August 7, 2013
Category:  Ideation  Growth  Execution  Creation 
The thumbs-up or thumbs-down approach to team building

Interviewees shouldn't expect traditional questions when they're applying for a position at Limeade, a corporate wellness space focused on building high-performance workforces.

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Christina Hernandez Sherwood
on August 06, 2013
Category:  Creation  Ideation 
eMed's 6 to follow in entrepreneurship

See who made the list on this week's 6 to follow in entrepreneurship

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Chris Seper
on August 2, 2013
Category:  Creation  Growth  Execution  Ideation 
When to quit your day job and go full-time entrepreneur

In the past, Dr. Amy Baxter was able to practice emergency medicine while developing a new medical device that deadens the pain from injections. But working on her startup during the day and picking up night shifts at the hospital could only go on for so long.

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Ryan Amin
on July 30, 2013
Category:  Ideation  Creation 
From company name to investment, Venture-Med Angels advise startups

After two decades of clinical practice, a couple of healthcare startups and a handful of angel investing networks, Jose Bolanos noticed a few things about the process of medical innovation. First, venture capitalists were struggling in healthcare and were moving toward later-stage investments. Secondly, physicians were self-funding a lot of their projects. And third, many angel groups that weren't focused on healthcare struggled to understand HIPAA and FDA regulations and reimbursement issues, which are crucial pieces in the due diligence process and just as crucial for the companies to understand.

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MedCityNews .com
on July 29, 2013
Category:  Ideation  Creation 
eMed's 6 to follow in entrepreneurship

Check out who made the list for eMed's 6 to follow in entrepreneurship this week

[More]
Chris Seper
on July 26, 2013
Category:  Creation  Execution  Growth  Ideation 
Dominique's Desk: Design thinking

Design thinking can be helpful to an entrepreneur in all phases of development -- from ideation and business model validation to customer development and growth.

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Dominique Pahud
on July 26, 2013
Category:  Ideation 
Get angel and VC interest in your medical device startup

Paul Hartung, CEO of Cognoptix, Inc., a startup that has created a drug-device that could diagnose Alzheimer's earlier in patients, is also the first person to have a syndicated angel deal in the Northeast. He's raised more than $20 million for Cognoptix, and worked on the LASIK team at Summit until it was brought through to IPO. Here are six strategies that helped Hartung attract investors.

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MedCityNews .com
on July 22, 2013
Category:  Ideation  Growth  Creation 
When the patients met the innovators at MedCity CONVERGE

At MedCity CONVERGE, a national, executive-level summit on healthcare innovation in Philadelphia last week, local AARP members were on hand to learn about the two-dozen companies represented in the Pfizer Startup Showcase.

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Christina Hernandez Sherwood
on July 19, 2013
Category:  Ideation 
eMed's 6 to follow in entrepreneurship
Check out this week's 6 to follow in entrepreneurship. [More]
Chris Seper
on July 19, 2013
Category:  Creation  Growth  Execution  Ideation 
Three healthcare entrepreneurs share their stories at MedCity CONVERGE

At MedCity CONVERGE, a national, executive-level summit on healthcare innovation in Philadelphia last week, the program featured opportunities for life science and digital health entrepreneurs to share their lessons from the field. Here are three of their stories.

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Christina Hernandez Sherwood
on July 18, 2013
Category:  Ideation 
How -- and where -- to create a company that matters

Despite an economy in flux, the pace at which the United States produces $100 million companies has been stable over the past two decades, according to a new Kauffman paper. But the locations and sectors in which those companies are created are changing.

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Christina Hernandez Sherwood
on July 18, 2013
Category:  Ideation  Growth 
New opportunities for entrepreneurs from MedCity CONVERGE

At MedCity CONVERGE, a national, executive-level summit on healthcare innovation in Philadelphia last week, stakeholders from the business community, government, and health insurers provided a glimpse into new opportunities for life science and digital health entrepreneurs.

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Christina Hernandez Sherwood
on July 15, 2013
Category:  Execution  Creation  Ideation 
eMed's 6 to follow in entrepreneurship
Many things can make you a better entrepreneur. But here's one that certainly helps: networking. So every week eMed is going to highlight some healthcare and life science entrepreneurs on twitter you should consider following. This is not an endorsement, but an encouragement. Entrepreneurship is better when everyone joins the conversation. So please join us by following @emedcommunity and participating on eMed at Entrepreneurship.org [More]
Chris Seper
on July 12, 2013
Category:  Creation  Growth  Execution  Ideation 
New eMed research report: Interaction Design

Life science and digital health entrepreneurs -- and their companies -- can benefit from using the techniques of interaction design.

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Christina Hernandez Sherwood
on July 11, 2013
Category:  Ideation 
What startups can learn from entrepreneurial communities

The Kauffman Foundation's new multimedia channel, ID8 Nation, spotlights entrepreneurial communities throughout the country. The first featured city, Pittsburgh, transformed its economy through entrepreneurship and now hosts a number of diverse startups.

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Christina Hernandez Sherwood
on July 11, 2013
Category:  Ideation  Creation 
Insights for entrepreneurs from MedCity CONVERGE

MedCity CONVERGE, a national summit on healthcare innovation, kicked off Tuesday in Philadelphia with insights from pharma, insurance, health systems, and more.

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Christina Hernandez Sherwood
on July 10, 2013
Category:  Creation  Execution  Growth  Ideation 
How life science and digital health companies can find crowd funding success

Misfit Wearables founder and CEO Sonny Vu shared his insights on crowd funding success, being lean while producing hardware, and building a great team and company culture.

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Christina Hernandez Sherwood
on July 09, 2013
Category:  Creation  Ideation 
eMed's 6 to follow in entrepreneurship

Check out eMed's 6 to follow this week

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Chris Seper
on July 5, 2013
Category:  Creation  Growth  Execution  Ideation 
Free Kauffman ebook on immigrant entrepreneurs

Through July 22, the Kauffman Foundation is offering a free ebook on immigrant entrepreneurs -- and how current policies affect this important economic force.

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Christina Hernandez Sherwood
on July 04, 2013
Category:  Ideation 
Experienced criticisms from 6 successful entrepreneurs

Sure, curmudgeons are good in theory, but can critics improve a company? I figured it was an idea worth exploring. Here's what seven entrepreneurs learned from their biggest critics. Share your insights from grumps in the comments.

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MedCityNews .com
on July 3, 2013
Category:  Execution  Growth  Creation  Ideation 
eMed's 6 to follow in entrepreneurship

Check out this week's 6 to follow in entrepreneurship. 

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Chris Seper
on June 28, 2013
Category:  Execution  Creation  Growth  Ideation 
A tale of two entrepreneurs

Find out if your startup is an IDE or an SME -- and why it matters.

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Christina Hernandez Sherwood
on June 27, 2013
Category:  Ideation 
How doctors-turned-entrepreneurs can achieve business success

HealthLoop lets doctors send patients automated follow-up emails with questions ranging from the general to the specific. In an interview, the company's founder shared tips for aspiring "doctorpreneurs."

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Christina Hernandez Sherwood
on June 25, 2013
Category:  Creation  Ideation 
eMed's 6 to follow in entrepreneurship

One thing that helps entrepreneurs is networking. So every week @emedcommunity is going to highlight some healthcare and life science entrepreneurs on twitter you should consider following. This is not an endorsement, but an encouragement. Network with your peers!

[More]
Chris Seper
on June 21, 2013
Category:  Growth  Ideation  Execution  Creation 
As economy improves, entrepreneurs face less competition

As the economy improves following the recession, entrepreneurs are surprisingly facing less competition from new startups. That's because the overall business creation rate declines with the unemployment rate, according to new research from the Kauffman Foundation.

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Christina Hernandez Sherwood
on June 20, 2013
Category:  Ideation 
How entrepreneurs can validate their business model by studying other sectors

How a software company for science researchers learned about business model validation by studying OpenTable's model.

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Christina Hernandez Sherwood
on June 18, 2013
Category:  Creation  Ideation 
Life science entrepreneurs in NYC gain resource with new incubator in Harlem

New York City has been adding to its life science incubator landscape in the past couple years to dissuade biotech researchers graduating from its universities from heading to Boston or New Jersey or worse yet, the West Coast. The most recent development is a life science incubator in Harlem scheduled to open this fall that will house up to 20 companies.

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MedCityNews .com
on June 17, 2013
Category:  Creation  Ideation 
eMed's 6 to follow in entrepreneurship

Check out eMed's 6 to follow in entrepreneurship this week.

[More]
Chris Seper
on June 14, 2013
Category:  Ideation  Creation  Execution  Growth 
The secret to FDA approval, and other insights, from a med tech CEO

Lisa Earnhardt, president and CEO of Intersect ENT, shares tips on finding your customer, working with physicians, and collaborating with the FDA.

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Christina Hernandez Sherwood
on May 14, 2013
Category:  Ideation 
eMed's 6 to follow in entrepreneurship

Get helpful startup tips from this week's eMed's 6 to follow in entrepreneurship.

[More]
Chris Seper
on May 03, 2013
Category:  Ideation 
What the new age of health care means for life science entrepreneurs

David Ewing Duncan, director of the Center for Life Science Policy at the University of California, Berkeley, published an "old-fashioned call to arms and action plan for a new age of health care." The Personalized Health Manifesto was developed with the participation of about three dozen life science leaders in science, medicine, business, and more.

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Christina Hernandez Sherwood
on May 02, 2013
Category:  Ideation  Creation 
eMed's 6 to follow in entrepreneurship
Find out who we are highlighting in this week's eMed's 6 entrepreneurs to follow on twitter. [More]
Chris Seper
on 4/19/2013
Category:  Ideation 
Cellanyx Diagnostics: CEO shares tips from the startup trenches

It hasn’t been a year since the Cellanyx Diagnostics team spun out their technology from Columbia University. But, halfway to raising $1 million worth of seed funding for the company, CEO Ashok Chander can already share tips from the trenches.

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Christina Hernandez Sherwood
on April 16, 2013
Category:  Creation  Ideation 
LUMO: Co-founder shares tips on seeking feedback and using networks

LUMOback is the first product by LUMO, a Palo Alto-based company founded by three entrepreneurs – including one who suffered back problems for years. Charles Wang, co-founder and CMO, shared what he’s learned since the company’s launch in 2011 and the product’s release last year.

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Christina Hernandez Sherwood
on April 02, 2013
Category:  Ideation  Creation 
Bioarray Therapeutics: CEO offers insights on sharing the company’s vision

The vision at Bioarray Therapeutics, a biotechnology company in Boston, is to improve cancer detection and treatment. By finding genes associated with cancer, the company is developing a diagnostic for breast cancer that can help doctors and patients choose the best treatment.

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Christina Hernandez Sherwood
on March 26, 2013
Category:  Ideation  Creation  Execution 
Atul Butte: Biotechnology entrepreneur on success and failure

As a biomedical informatics researcher and biotechnology entrepreneur in the Silicon Valley, Atul Butte has big ideas about the future of life science entrepreneurship. His Butte Lab works to solve genomic medicine problems through new developments in translational bioinformatics.

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Christina Hernandez Sherwood
on March 19, 2013
Category:  Ideation  Creation 
One Thing Life Science Entrepreneurs Can't Have? Fetishes

There’s no silver bullet for becoming a successful life science entrepreneur. But at a session on entrepreneurship and innovation at the FutureMed conference at Singularity University in the Silicon Valley last week, three panelists shared their tips on achieving entrepreneurial success.

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MedCityNews .com
on February 15, 2013
Category:  Ideation 
Weekly Wisdom from Kauffman: Old(er) = Entrepreneur

The archetypal entrepreneur is a strapping 20-something. But we shouldn’t count out Baby Boomers as the next innovators.

Dane Stangler, senior analyst at the Kauffman Foundation, uncovered these facts in some recent Kauffman Foundation research:

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MedCityNews .com
on February 14, 2013
Category:  Ideation  Creation