The document outlines 8 traits of an ideal bioentrepreneur: 1) They creatively question the status quo and strive to improve things. 2) They have a true, honest passion for their work. 3) They are able to effectively pitch their ideas to strangers. 4) They have chutzpah, or grit and willingness to take risks. 5) They are not afraid of failure and will learn from mistakes. 6) They are highly motivated and driven to work 24/7. 7) They are inclusive rather than exclusive and collaborate with others. 8) They demand excellence in themselves and their work.

1. • A creative, fearless, nimble, and focused
entrepreneur. - Anna Miura-Ko Floodgate Ventures
• Successful BioEntreprenuers star many
common traits.
• Are you this person?
8 Traits of the Ideal
Bio.Entrepreneur

2. Ideal Bio.Entrepreneur
• Creatively question the status quo.
• Why do we do it that way?
• I have to make this better.
• “Ability to make surprising connections across
areas of knowledge and industry.”- Jeff Dyer
Innovators DNA

3. Ideal Bio.Entrepreneur
• Have true honest passion.
“Entrepreneurship is not a job but an irrational
passion.” - Steve Blank
• Build excitement - esprit de corps
• Able to pitch your dream to complete
strangers in a moments notice.
• Investors invest in the person not the
product

4. Ideal Bio.Entrepreneur
• Have Chutzpah.
• Yiddish for Gall, Grit, Non-Conformist
• Outliers - Plenty of smart people in the
world. Its what to do with it.
• Go get it.

5. Ideal Bio.Entrepreneur
• Have No Fear of Failure
• You will Fail. How will you respond?
The difference between me and everyone else was
that I believed in my ideas and took the risk to
develop them. - Tom Fogarty, MD

6. Ideal Bio.Entrepreneur
• Have a High Motor - Effort
“Energetic to the point of being driven” - Allan
Walton
• Its a 24/7/365 experience
• Just like pregnancy, you can’t be 1/2 an
entrepreneur.

7. Ideal Bio.Entrepreneur
• Be Inclusive not Exclusive
• An idea in a drawer helps no one +
generates no value.
• You need expertise you simply don’t
possess.
• Fun to go through the process with others.
• “Partnering with an ethical, intelligent, and entrepid
business partner was essential to my success.
- Greg Ruff, MD

8. Ideal Bio.Entrepreneur
• Demand Excellence
Be a yardstick of quality. Most aren’t used to an
environment where excellence is expected. - Steve
Jobs
• Don’t bathe in mediocrity
• Excellence is reflected in your product
• Apple vs Microsoft

9. Ideal Bio.Entrepreneur
• Be like George Washington
• Your likely not a serial CEO, VC, or had 3
exits.
• You need to recognize your limitations
and let others share leadership.
• Able to Listen