Midcourse Corrections
Tuesday, May 05, 2009 from 5:30 PM - 8:00 PM (PT)
Irvine, United States
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Event Details
Workshop 6: Midcourse Corrections
- Date: Tuesday, May 5, 2009 - 5:30 PM - 8:00 PM
- UCI Student Center, Emerald Bay AB
- Presenter: George Wallace, Intersect Partners
One thing is for sure, your original plan will be wrong!
Midcourse corrections during the evolution of a start-up are inevitable. The reason VC’s place importance on the quality of management teams is the quality and speed of thousands of decisions need to be made at unprecedented scenarios. In this workshop you will learn about the art of re-visioning your business plan so as to get your venture back on track when you hit a roadblock. Learn how to mitigate negative growth factors in the market and use decision analysis tools to deal with current challenges while keeping your eye on the prize.
About the 2009 WORKSHOP SERIES :
Every year medical device companies that start as “three technologists and a couple of patents” are acquired for hundreds of millions of dollars. You may be surprised to learn that not only does much of this activity occur right here in Orange County but also that the underlying process of preparing a company for acquisition is a well understood business methodology that can be learned, mastered and applied over and over. As a business student or UC Irvine technologist, you will want to know how the process of positioning a medical device company for acquisition works, how long it typically takes, who you need to involve, what the keys are to raising investment funds and how you can you can apply this process to your personal situation.
The objective of this year’s Les Kilpatrick Students to Start-ups series is to provide business students and UC Irvine technologists with a broad understanding of the 60 to 84 month process of preparing a medical device company for acquisition enabling them to begin factoring this powerful wealth creation mechanism into their career strategy.
For more information: ssubhash@uci.edu | 785 817 0780
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Don Beall Center for Innovation & Entreprenuership
The Les Kilpatrick Students to Start-ups Entrepreneurial Workshop Series is an annual series of presentations produced by the Don Beall Center for Innovation & Entrepreneurship focused on providing UC Irvine students with practical, “how to” information about starting and managing a new venture.
The Don Beall Center provides thought leadership in the important science of innovation management, acknowledging that the best way to sustain competitive advantage in today’s global economy is through superior management of innovation at all levels of the economy, from start-up phase to Fortune 1000 divisions. This Center utilizes the expertise of entrepreneurs in the community and provides the impetus for discussion and study of key issues affecting the entrepreneurial community today and into the future.
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