Predicting the Future and How Not To Screw Up

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Jose Salinas, PhD
Task Area Manager, Comprehensive Intensive Care Research
US Army Institute of Surgical Research
JBSA Fort Sam Houston, TX
The opinions or assertions contained
herein are the private views of the
authors and are not to be construed as
official or as reflecting the views of the
Department of the Army or the
Department of Defense.
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* The date is June 2015…
* Ms. Leffel Gave you an A in the class…
* Your team came in 3rd in the CITE competition… (but
we deserved to be 1st!)
* You are now ready to get your startup off the
ground…
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* I now have to get a job!
* Several of the team members have moved
away…
* I don’t have any money…
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* I worked really hard on my idea, therefore it should
be worth a lot of money…
* We spent a lot of effort on getting the design and
engineering drawings complete, companies will
want to take our design directly into manufacturing
so we should get more funding…
* If WhatsApp got $15B, I should also be able to get a
bunch of money for my idea…
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You are here
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You are still here
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>99% of the work
<1% of the work
*Intellectual Property and Product
Development
*Company Formation and Group
Dynamics
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Property that results from
original creative thought, as
patents, copyright material, and
trademarks.
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Let’s pretend this is state of the art….
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* Is my product novel/unique enough to attract
future investment/interest?
* Could someone claim IP infringement on my
product (potentially)?
* Do we need to reevaluate the design of the
product/idea/concept to avoid this?
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* Provides good insight into how the team will
work together in this new venture
* What kind of issues can be expected as the team
starts working together?
* How will those issues get resolved?
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*Forming
*Storming
*Norming
*Performing
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* The team is created
* We get to know each other
* Conflict avoidance
* Serious issues are not discussed
* General goals are established
* We are on a first date
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* We have to work get stuff done
* Conflicts will start to arise
* Members will challenge each other
* Some team members may leave
* Eventually a common goal will rise to the front
* Surviving this phase is key!
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* This is where the work gets done.
* Team has clear goals for each member
* Everyone is in agreement and engages
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Respect
Trust
Transparency
Communication
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* Make every effort to get along.
* Everyone has something to contribute.
* Remember the Golden Rule:
“He who has the gold makes the rules”
* HAVE FUN!!!! This is supposed to be exciting!!!
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