* 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. * * * 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… * * I now have to get a job! * Several of the team members have moved away… * I don’t have any money… * * 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… * You are here * You are still here * >99% of the work <1% of the work *Intellectual Property and Product Development *Company Formation and Group Dynamics * Property that results from original creative thought, as patents, copyright material, and trademarks. * Let’s pretend this is state of the art…. * * * * 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? * * * 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? * *Forming *Storming *Norming *Performing * * 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 * * 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! * * This is where the work gets done. * Team has clear goals for each member * Everyone is in agreement and engages * Respect Trust Transparency Communication * * 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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