beginnings
how I got started | I got bored with executive recruiting and
decided to get into business development when nanotechnology looked hot
in 2000 - big Federal funding for the National Nanotechnology
Initiative. Reached out through my network and started working with
nanotechnology materials & coatings projects and the applications
focus included better catalysts to clean auto exhausts, thin film solar
cells, fuel cell membranes, water purification membranes, etc.
inspiration
why this job?| Combination of concern for the environment,
interested in learning about a wide range of technologies & markets,
a lot of freedom to work on what I want and how I want, and high value
add (compensation for work).
love
why I love this job!| Control over who I work with, what I do,
and when I work. Meeting smart, committed, intelligent people. Puzzling
out a good business strategy.
work
my typical day| On line from 7AM to 10PM, respond to immediate
client needs - usually follow up on funding, customer, or competition
questions & concerns. Then a couple of hours for on-line research,
mostly solar, ocean energy, and water at present. Then phone or face
time meetings with clients or investors. Then check various linked-in
groups, CleanTech, University of Chicago Alumni, etc. for interesting
business leads. In the evening very often attend investor or clean tech
forums, seminars, symposiums, often two or three per week in Silicon
Valley.
challenges
what they are | Unreasonable and/or unrealistic entrepreneurs,
technologists, investors, customers, need to rapidly learn new
technologies and markets, feast or famine nature of work, willingness to
cold call, ability to hear NO 100 times until you get to YES.
upside
all about growth | Can start with a science, business, or social
science degree, first job is often the key, finding a good mentor helps a
lot to accelerate your career. Growing global need to commercialize
technology and as regions, industries, countries want to move up the
value chain in manufacturing and services. Many opportunities. Ladder
can be finance - VC, private equity; or government - national labs,
department/program managers (NSF, DOE, etc.), university technology
commercialization organizations, large corporate business development
groups, etc. Or law - especially intellectual property. Or marketing
or sales.
More Info
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