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Date of this Version

9-27-2019

Document Type

Book Chapters

Summary

  • The startup team built in the early phases of commercialization can be a critical determinant in a company’s future success.

  • A primary technological and/or scientific founder should be established, along with a CEO who can assist with business planning.

  • Secondary team members such as marketing and regulatory personnel, should be brought on, if applicable.

  • Tertiary team members and consultants can include entrepreneurs in residence, human re­sources, business lawyers, software engineers and scientific advisory boards.

  • Creative employee compensation strategies should be considered in order to maximize limited financial resources.

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

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