MGMT/BIOE 633
April 16, 2013
Lecture XI
Jack Gill’s Career Planner…
A Roadmap to Success
Faculty:
Jack M. Gill, Ph.D.
Robert Ulrich, Ph.D.
Teaching Assistants:
Matthew Pautz
Joanna Nathan
Rev. 3.28.13
Origin of These Concepts
 Lifetime of observations in Silicon Valley,
Boston and Texas Entrepreneurial communities
 30+ years practice of VC and Angel Investing
 Teaching at Stanford, Harvard, MIT & Rice
 Tracking 1000s of brilliant students
 Analyzed patterns of successful careers
 Advisor to 1000s for career steps, contacts, jobs
 Stayed in touch! Got feedback! Saw Results!
2
Repeat:
Why are High-tech Jobs so Important?
1972 Study and Survey by
AEA - Stanford - Harvard Study
Nothing generates more
Jobs
Tax revenues
Exports
per dollar invested than dollars
invested in entrepreneurial hightech start-up companies
Capital efficiency!
Maintains Economic Leadership
3
Repeat:
The Value of High-tech Enterprise!
It Is True That…
There have been more:
 Jobs created
 New millionaires made
 High income careers
 Taxes paid to government
 Wealth created
 Export value shipped
 Market value created
 Global market share earned
by high-tech enterprise in California’s Silicon Valley
than any other time or place
in the history of the world
Today, California accounts for over 40% and Boston NE
for 18% of VC activity.
Combined = 2/3 of USA
4
During the Last 3 Decades in the USA…
The Bad News
 Over 20 million jobs in the USA were lost due to
corporate mergers, downsizing, consolidations and
moving operations offshore, and business failures
The Good News
 Kept US industry in leading positions worldwide
 Fortunately, 35 million new jobs were created.
Over 60% of these were
created by
entrepreneurial small
businesses.
5
Research creates ideas, prototypes, and IP
Products Come from Commercial Development
NSF
DOD
NIH
Academia
Corp
R/D
Centers
Basic Research
Commercial
Product Development
Jobs
Innovative
Products
Improved
Quality
of Life
Strong
Economy
6
The Enabling Majors…
Science and Engineering Disciplines
• Chemistry, Biochemistry
• Biology, Genetics, Biotech
• Physics, Photonics, Math, Nano
• Medicine, Surgery, Diagnostics
Where most
jobs are…
• Electrical Engineering, CS
• Biomed & other engineering fields
• Research & Development
• Sales & Marketing
• General Management
$
$$
$$$
• The Entrepreneurial World
$$$$
7
Economic Size of Human Activities
Phone, books, TV
Communicate  Email, Internet
 Apps, media

Actualization
Esteem
Love/Belonging
Physiological
Safety
MASLOW
Stay
Healthy
Procreate
Healthcare
Medications

Food
 Beverage
 Restaurants
Produce
Goods

Survive
Houses, furniture
 Car, Airplanes
 TV, Radio,
Electronics
 Luxury goods

Secondary
schools
 Universities
 Professional

Educate
Movies
 Sports
 Theatre
 Music


Nations
 Cultures
 Religions
 Wars
Enlightenment,
Transcendence
Entertain
Nourish
Religion,
8
Premise of Jack Gill’s Career Model
 Science, engineering, medicine, and






business backgrounds are great enablers
Goal is to achieve big time, entrepreneurial success?
Be CEO or senior manager of high-tech company
Found or co-found own company
Earn serious, big money
Run your own show
$
Become financially independent
Do you want to achieve?
All or most of the above
For Big Time Success!
9
Three Categories of Businesses
A. The Big Multinational Companies
B. High-growth Companies
C. Entrepreneurial Companies
10
Differentiated Growth Rates
A. The Big Multinational Companies
Annual
Growth
5-10%
B. High-growth Companies
10-20%
C. Entrepreneurial Companies
20-30%
11
A The Big Multinational Companies
 Tens of $ billions revenue
 Multinational, Fortune 500
 Growth 5 to 10% per year
 Dominate large markets
 Manufacturing and marketing in most countries
 E.g.
• Ford, GE, IBM, HP, P&G, J&J, Pfizer, Merck
• Daimler, Siemens, Novartis, Philips, Shell
• Toyota, Mitsubishi, Samsung, Sony, NEC
 Big, stable, well-managed monoliths
 Great long term career opportunities
 Good places for entrepreneurs to start careers
and put a great name on your resume
12
B The High-growth Companies
 $500 million to billions annual revenue
 Emerging as big multinationals
 Growth 10 to 20% per year
 Mostly pioneering technology leaders
 Manufacturing and marketing in USA, Europe, Asia
 E.g.
• Cisco, Intel, Microsoft, Medtronic, Genentech
• Nokia, Alcatel, SAP, BAAN, Astra Zeneca
• ACER, Samsung, Lenova, Huawei
 Dynamic, aggressive market leaders
 Great places to accelerate careers and
find, emulate mentors
13
C Young Entrepreneurially Driven Companies
 Revenues… startup stage to a few Billion $
 Still private or newly public
 E.g. • Google, Zynga, A123, Cook, Facebook
 Pioneering new technologies and markets
 Typical growth 20 to 30% per year
 Fledgling European and Asian operations
 Ideal for mature, fast-track, ambitious people
 Great catch the wave opportunities
14
Recommend you pursue….
Steady, Stepwise Career Development
Get a Good
Education
Great enabler
Tech. B.S., M.S.
plus M.B.A.
Technical Ph.D. or
M.D.
A
B
C
Work for Big
Name, WellManaged Company
Then Work for
Dynamic, HighGrowth Company
Then, Ready for
Startup Company
Bed down basics
Flex wings, practice
High risk
Name on resume
Accelerate career
Stock options
Develop maturity
Stay if hot company
The ultimate trip!
Walk before you run!
Build great resume
Lower risk pathway
Safest Ticket to big success
15
A
Work for Big
Name, WellManaged Company
Get a Good
Education
B
C
Then Work for
Dynamic, HighGrowth Company
Then, Ready for
Startup Company
Student Era
Learn, Prepare
 Get solid undergraduate education:
science and engineering degrees get
more job choices
 Then obtain a M.S. or Ph.D. in technical field
Remember, colleges
and degrees
only determine starting
position and salary
•Sky’s the limit
 B.S. technical plus 3-5 years work, then an
M.B.A. is also a good combination
It’s what you do with it
That counts!
 Very important...
•Diverse summer job experiences
•Good references, Good companies
•Helps focus interests, ambitions
16
A
Get a Good
Education
Work for Big
Name, WellManaged Company
B
C
Then Work for
Dynamic, HighGrowth Company
Then, Ready for
Startup Company
Student Era
Learn, Prepare
The Fortune 500 - Corporate America
5% to 10% Annual Growth
 Get solid undergraduate education:
 HP, IBM, GE, Ford, P&G, J&J, Medtronic
science and engineering
degrees get more and better job
choices
 Then obtain a M.S. or Ph.D. in
technical field
•Sky’s the limit
 B.S. technical plus an M.B.A.
also a good combination
 Very important...
•Diverse summer job
experiences
 Best fit after undergraduate degree
•Bed down basics
•Develop maturity
•99% managed right
•Vertical jobs and career
•Slow, steady career development
Slow and steady
career development
Bed down basics
 Low risk, high security environments
Yet no longer“lifetime employment”
 Get name brand on resume
•Good references
•Focused interests, ambition
Remember, colleges and
degrees only determine
starting position& salary
 Great launch platform
 Then back to school for M.B.A. or move
to more dynamic company!
 Mainstream business world
It’s what you do with it
17
A
Work for Big
Name, WellManaged Company
Get a Good
Education
Student Era
Learn, Prepare
 Get solid undergraduate
education: science &
engineering degrees
still get more job
choices
 Then obtain a M.S. or
Ph.D. in technical field
•Sky’s the limit
 B.S. technical plus an
M.B.A. also a good
combination
 Very important...
•Diverse summer job
experiences
•Good references






P&G, J&J
Best fit after undergraduate
degree
•Bed down basics
•Develop maturity
•99% managed right
•Vertical jobs
•Slow, steady career
development
Low risk, high security
Yet no longer “lifetime
employment”
Name brand on resume
Great launch platform
Then back to M.B.A. program
Remember, colleges and
degrees only determine
starting position& salary
Slow and steady
career development
It’s what you do with it
Bed down basics
C
Then Work for
Dynamic, HighGrowth Company
Then, Ready for
Startup Company
Hot Companies
10% to 20% Annual Growth
The Fortune 500
5% to 10% Growth
 HP, IBM, GE, GM, Ford,
B
 Cisco, Intel, JDSU, Oracle








Microsoft, Oracle, Medtronic,
Boston Scientific, BiogenIdec
Fast paced horizontal opportunities
Latch on to mentors
Develop interpersonal skills
Fast personal development curve
Milk for experience
Get first stock option participation
Experience rapid upward mobility
Catch early, great career spots
Upwardly mobile
Experience
Stay while on fast track
18
A
Work for Big
Name, WellManaged Company
Get a Good
Education
The Fortune 500
5% to 10% Growth
Student Era
 Get solid undergraduate
education: science
and
engineering
degrees still
get more job choices
 Then obtain a M.S. or
Ph.D. in technical field
•Sky’s the limit
 B.S. technical plus an
M.B.A. also a good
combination
 Very important...
•Diverse summer job
experiences
•Good references
 HP, IBM, GE, GM, Ford,






P&G, J&J
Best fit after undergraduate
degree
•Bed down basics
•Develop maturity
•99% managed right
•Vertical jobs
•Slow, steady career
development
Low risk, high security
Yet no longer “lifetime
employment”
Name brand on resume
Great launch platform
Then back to M.B.A.
program
Remember, degrees only
determine starting
position and salary
Slow and steady
career development
It’s what you do with it
Bed down basics
B
C
Then Work for
Dynamic, HighGrowth Company
Then, Ready for
Startup Company
Hot Companies
10% to 20% Growth
 Sun, Cisco, Dell, Intel,








JDSU, Microsoft, AOL,
Oracle, Ciena, Sycamore
Fast paced horizontal
opportunities
Latch on to mentors
Develop interpersonal
skills
Fast personal development
curve
Milk for experience
First equity participation
Rapid upward mobility
Catch early, great career
Start-ups
20%-30%+ Growth
 $10-100M Sales









•VC Backed Companies
•High Tech Start-ups
Major responsibility
senior mgmt. position
Major equity participation
Significant risks, but
high potential
Risk culture, bumpy road
Leverage your creativity
High failure rates
Movers and shakers
Strike it rich!
Serial entrepreneurs
“do it again”
Upwardly mobile
experience
Very high risk to plunge
in unprepared
Stay while on fast track
The ultimate opportunities
19
If You Are Entrepreneurially Driven…
C-Type Companies For You
 Most companies are founded by scientists, engineers,
doctors and business people (techies, inventors,
conceptualizers, entrepreneurs, misfits)
 Not by academics, bureaucrats, lawyers, accountants,
consultants, politicians, educators, public servants and
service providers. These are all support professions!
 Bill Gates says…
“Be kind to nerds!
You’ll probably end up working for one!”
20
So, Here’s the Gill Roadmap!
First Job
Complete Your
Degree(s)
Second Job
F-500 Company
Importance of
Bedding Down Basics
Third Job
Join High Growth Co.
Mentors and
Management
If only BS
or move to
Get MBA
If have MS, PhD
Startups
The Entrepreneurial
Environment
After M.B.A.
X
High Risk if First Job,
Inexperienced, Immature
X
21
Lifetime Universal Model* and Timeline…
For A Successful Career and a Great Life
Get college
education plus
advanced
degree
Education:
The great
Enabler
Work for
F- 500
company
Walk the Walk:
Real world
Experience
Seek
maturity
20-26 yrs.
3-5 yrs.
Work for
dynamic, fastgrowth company
Jump into
entrepreneur
career
Acceleration:
Practice your
Skills
Seek Mentors
Move Around
Aggressively
Pursue
Opportunities
Take plunge!
Work skills &
creativity
Make your
Mark!
5-10 yrs.
Morph into
balanced life
multiple
interests
Giving back
Having fun
Psychological
returns
Flex your
wings
Most of
working life
* Dr. Gururaj Deshpande Sycamore Networks, IIT, MIT
Pass On your
Experience to
New Generation
22
In the spirit of full disclosure:
Jack Gill’s Timeline
Texas Native
BS
Chem/Engr.
PhD
Chemistry
25 yrs.
Monsanto
Serious
Science &
R/D Mgmt.
2 yrs.
Varian
Spectra
Physics
Vanguard
Teaching &
Philanthropy
Joined
Entrepreneurial Company
Entrepreneur
Founder-CEO
Computer
Company
Founded VC
Firm
Vanguard ‘81
“MBA of Hard
Knocks”
Merged into
SP
$500M
150 Co’s
Gill Foundation
of Texas
Harvard, MIT,
Rice, IU, UK,
Stanford, UCB
5 yrs.
9 yrs.
25 yrs.
Rest of Life
23
Career Planning Suggestions
 Give serious thought to career goals
 Analyze companies, industries, options
 Seriously work the “Entrepreneur Self Help Kit”
 Make your plan…
Don’t just wait for random opportunities
 Work the Internet and personal contacts
 Establish and use contacts, relationships
 Find mentors and advisors. Seek their advice!
Keep this for
future referral
 Establish milestones, mid-career corrections
 Recognize and act on changing goals
“Chance favors the prepared mind”
L. Pasteur
24
Things to Remember
 Education is the great enabler! Get all you can!
 Steady, stepwise path is best, least risky
 Interpersonal skills, Management skills…
Communications skills, street savvy
awareness…lean, mean, hungry pursuit…
equally as valuable as
knowledge-based skills
 Team-oriented players (leaders) are in high demand
 Mentors and training environments are key
 Right place, right environment, make your luck!!
Steady, determined,
committed pursuit
Ticket to
BIG SUCCESS
25
Keeping Up
with Change
Lifelong Education
Keeping Technically Current
Travel, Seminars, Meetings
Sharpening Skill Sets
26
http://www.technologyreview.com/special/emerging/
10 Emerging Technologies
That Will Change Your World – 2004-5
1.
Universal translation
2.
Synthetic biology
3.
Nanowires
4.
Bayesian machine learning
5.
T-Rays
6.
Distributed storage
7.
RNAi Therapy
8.
Power grid control
9.
Microfluidic optical fibers
10.
Personal genomics
1.
Airborne networks
Quantum wires
Silicon photonics
Metabolomics
Magnetic-resonance force microscopy
Universal memory
Bacterial factories
Enviromatics
Cell-phone viruses
Biomechatronics
2.
3.
4.
5.
6.
7.
8.
9.
10.
27
http://www.technologyreview.com/special/emerging/
MIT’s Tech Review Magazine….
10 Emerging Technologies That Will Change Your World
1.
Comparative Interactomics
2.
Epignenetics
3.
Nuclear Reprogramming
4.
Universal Authentication
5.
Nanobiomechanics
6.
Nanomedicine
7.
Cognitive Radio
8.
Diffusion Tensor Imaging
9.
Pervasive Wireless
10.
Stretchable Silicon
1.
Peer to Peer Networks – Internet Video
Nanocharging Solar
Invisible Revolution
Personalized Medical Monitors
Single-Cell Analysis
A New Focus for Light
Neuron Control
Nanohealing
Digital Imaging, Reimagined
Augmented Reality
2.
3.
4.
5.
6.
7.
8.
9.
10.
28
http://www.technologyreview.com/special/emerging/
MIT’s Tech Review Magazine….
10 Emerging Technologies That Will Change Your World
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Modeling Surprise
Probabilistic Chips
NanoRadio
Wireless Power
Atomic Magnetometers
Offline Web Applications
Graphene Transistors
Connectomics
Reality Mining
Cellulolytic Enzymes
Intelligent Software Assistant
$100 Genome
Racetrack Memory
Biological Machines
Paper Diagnostics
Liquid Battery
Traveling-Wave Reactor
Nanopiezoelectronics
HashCache
Software-Defined Networking
29
http://www.technologyreview.com/special/emerging/
MIT’s Tech Review Magazine….
10 Emerging Technologies That Will Change Your World
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Real-Time Search
Mobile 3-D
Engineered Stem Cells
Solar Fuel
Light-Trapping Photovoltaics
Social TV
Green Concrete
Implantable Electronics
Dual-Action Antibodies
Cloud Programming
Social Indexing
Smart Transformers
Gestural Interfaces
Cancer Genomics
Solid-State Batteries
Homomorphic Encryption
Cloud Streaming
Crash-Proof Code
Separating Chromosomes
Synthetic Cells
30
http://www.technologyreview.com/special/emerging/
MIT’s Tech Review Magazine….
10 Emerging Technologies That Will Change Your World
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Real-Time Search
Mobile 3-D
Engineered Stem Cells
Solar Fuel
Light-Trapping Photovoltaics
Social TV
Green Concrete
Implantable Electronics
Dual-Action Antibodies
Cloud Programming
TBD
TBD
TBD
TBD
TBD
Homomorphic Encryption
Cloud Streaming
Crash-Proof Code
Separating Chromosomes
Synthetic Cells
31
TR 35 Innovator Awards
The Next Generation of Technology
Technology Review 35
35 Innovators Under 35
Volume 115
Sept. – Oct. 2012
32
TR-35 Awards 2012
Biomedicine
Ryan Bailey
Ken Endo
Christina Fan
Abraham Flaxman
Bryan Laulicht
Juan Sebastian Osorio
Weian Zhao
Communications
Computing
Rana el Kaliouby
Saikat Guha
Chris Harrison
John Hering
Drew Houston
Ren Ng
Hossein Rahnama
Leila Takayama
Eben Upton
Andreas Velten
Web
Daniel Ek
Shishir Mehrotra
Ben Silbermann
Christopher Soghoian
Energy
Burcin Becerik-Gerber
Qixin Chen
William Chueh
Danielle Fong
Shannon Miller
Materials
Sarbajit Banerjee
Mircea Dinca
Prashant Jain
Nanashu Lu
Joyce Poon
Pratheev Sreetharan
Bozhi Tian
Zheng Wang
Baile Zhang
33
5 New Technologies …
That Will Change Everything!
 3D High Res, Interactive, Smart TV
 USB 3.0 and high-cap memory devices
 Cloud Computing and storage
 Video over Wi-fi, Bluetooth, Etc
 Mobile Augmented Reality
34
10 Tech Trends to Watch
Endless Articles
In Forbes, Fortune,
BusinessWeek, etc.
2005 Issue
Add some of these
to your technical
reading!
Fortune Jan. 10,2005
“Why There’s No Escaping the Blog” pp. 44-50, “Early Adopters’ Paradise” pp. 53-60
35
Fortune
March 22, 2010 Issue
36
Bailing Out of the F-500s
Why Do People Leave Great Companies?
 By: Donald M. Dible
Old notions!
Still valid!
IEEE Spectrum May 1972
 The entrepreneur is motivated by a push-pull
process- he/she is sometimes lured, often
provoked, into independence
Donald M. Dible is the author of Up Your Own Organization!, a
handbook on how to start your own business without going
bankrupt. Mr. Dible received a B.S.E.E. degree from MIT and a
M.S.E.E. degree from Stanford University. He there spent
seven years working for three small founder-managed
companies. Mr. Dible’s entrepreneurial instincts first emerged
at the age of six, when we began selling his used toys door to
door to raise capital for bigger and better ventures.
37
Dear Boss: Why I’m Quitting
 Those elements outside the corporation walls
that irresistibly lure the would-be entrepreneur
to test his mettle in his own expertise:





The desire to be his own boss
The desire for fame
The desire for personal fortune
The pure joy of winning
For techies, the desire to invent or build
something significant
Donald M. Dible, IEEE, May 1972
38
More Dibble…
Dear Boss: Why I’m Quitting
 Those elements in the corporate experience
that provoke him/her to run screaming for the
exit:







Inadequate corporate communications
Inequity between major communications
and financial rewards
Promotion and salary policies
Employment security?
Corporate politics and nepotism
Red tape and bureaucracy
“Orphan” products
Donald M. Dible, IEEE, May 1972
39
Do I Need an MBA?
Business Schools
 What is the value of 2-year MBA for
Scientists, Engineers, MDs?
 MBA from the School of Hard Knocks
 Executive and weekend MBA Programs
 Business School Rankings
- Do they matter?
- Multiple Ranking Sources
 Entrepreneur Centers and Resources
Eg. Rice Alliance, HTC, BioHouston
Enventure, Platform, Ignite, Mgmt/Bioe633
40
Top 25 Business Schools 2012
1.
Harvard University
15. UCLA (Anderson)
1.
Stanford University
16. Cornell University (Johnson)
3.
U. of Pennsylvania (Wharton)
17. U. of Texas- Austin (McCombs)
4.
MIT (Sloan)
18. Carnegie Mellon (Tepper)
4.
Northwestern (Kellogg)
19. Emory University (Goizueta)
4.
U. of Chicago (Booth)
19. UNC- Chapel Hill (Kenan-Flagler)
7.
U. of C.- Berkeley (Haas)
21. USC (Marshall)
8.
Columbia University
22. Washington University (Olin)
9.
Dartmouth University (Tuck)
23. Indiana University (Kelley)
10. Yale University
24. Georgetown (McDonough)
11.
25. Ohio State University (Fisher)
NYU (Stern)
12. Duke University (Fuqua)
25. Rice University (Jones)
13. U. of Michigan (Ross)
25. Notre Dame (Mendoza)
13. U. of Virginia (Darden)
25. U. of Wisconsin
25. Vanderbilt (Owen)
http://grad-schools.usnews.rankingsandreviews.com/best-graduate-schools/top-business-schools/mba-rankings
41
2012 Top Entrepreneur Schools
1. Babson College (Olin)
2. Stanford University
3. Harvard University
4. MIT (Sloan)
5. UPenn (Wharton)
6. UC Berkeley (Haas)
7. UT Austin (McCombs)
8. Indiana University (Kelley)
8. University of Arizona (Eller)
Rice…A Rising
Powerhouse
10. USC (Marshall)
http://grad-schools.usnews.rankingsandreviews.com/best-graduate-schools/top-business-schools/entrepreneurship-rankings
42
Forbes Most Admired Companies… 2011
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
Apple
Google
Berkshire Hathaway
Southwest Airlines
Proctor & Gamble
Coca Cola
Amazon.com
Fedex
Microsoft
McDonalds
Wal-Mart Stores
IBM
General Electric
Walt Disney
3M
Starbucks
Johnson & Johnson
Singapore Airlines
BMW
American Express
Nordstrom
Target
J. P. Morgan Chase
Nike
Goldman Sachs Group
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.
39.
40.
41.
42.
43.
44.
45.
46.
47.
48.
49.
49.
PepsiCo
Caterpillar
Cisco Systems
Costco Wholesale
UPS
Nestle
Intel
Toyota Motor
Exxon Mobil
Volkswagon
Best Buy
Marriott International
Samsung Electronics
Deere
Netflix
Wells Fargo
Honda Motor
DuPont
Yum Brands
eBay
Sony
General Mills
Oracle
Accenture
Lowe’s
43
Gill’s High-tech Career Planning Brochure
44
Lingering Questions to Consider
1. Do I really want to be an entrepreneur?
2. Am I willing to pay the price?
3. What is my best path for fast track career
Yes!
Yes!
Gill Roadmap
4. How important are science, engineering, and
5.
6.
7.
8.
9.
medical backgrounds?
Very!
Will a Ph.D. or MBA give me a major advantage? Yes!
Does an MBA accelerate my career?
Yes!
Do I need to be in Silicon Valley or Boston? No!
What is competition like in the real world? Fierce!
Where do I want to be in five years…
ten years… 20 years?
Successful!
45
10 Smartest Things To Do….
To Ensure Big Time Success
1. Earn Tech Degree + MBA or PhD or MD
2. Spend 2-5 years at leading F-500 Company
3. Get 3-5 years experience at High Growth Co.
4. Find and foster mentors along the way
5. Develop interpersonal and leadership skills
6. Read about, seek & meet, cultivate…Achievers
7. Constantly assess your SWOT…
Strengths, Weaknesses, Opportunities, Threats
8. Lean, mean, hungry…focused, determined pursuit
9. Exhibit zeal, passion & commitment to excellence!
10. Take every course in entrepreneurship you can!
46
10 Dumbest Things….
That will compromise your career
1. Under pursue, under perform in academic pursuits
2. Jump into high risk situations, immature, unprepared
3. Build a resume of multiple short tenures with
4.
5.
6.
7.
8.
9.
10.
unknown, mediocre companies
Not addressing your weaknesses
Associating with people with compromised ethics
Not developing effective communication skills
Believing you can do anything and everything
Hanging out with losers & un-ambitious people
Putting things off…letting the years go by
Letting anger, jealousy, frustration…rule you life
47
Final Advice for a Great Career
 Pick dynamic growth opportunities
 Create your own version of career goals
 Find ways to leverage your skill sets
 Identify movers and shakers
Adopt, emulate, befriend, learn from
 Pursue lifelong learning opportunities
 Set goals, milestones, check points
 Travel in the fast crowd
 Stay focused, determined, committed
 Figure out a balance in life
•
Career, Family, Vacations, Travel, Learning
Recreation, Volunteering, Helping Others
48
Some Ideas…
Suggested Reading
49
April 13, 2009 Issue
Lots of
Creative Ideas!
50
April 13, 2009 Issue
“Entrepreneurs do
well in Recessions”
51
Steve Jobs Reinvents:
Apple
Pixar
Disney
52
2009
“Still Hiring”
Even in a
Recession
53
1.
2.
3.
4.
5.
2009 List
Gates
$40B
Buffet
$37B
Helu
$35B
Ellison
$22B
Kamprad $22B
(18)
(25)
(25)
(2.5)
(9)
54
1.
2.
3.
4.
5.
2012 List
Helu
$69B
Gates
$61B
Buffett
$44B
Arnault
$41B
Ortega $37.5B
55
Reason’s Cited:
“Risk Aversion”
“Short Term Focus”
“Gov. Intervention”
“Easy Money Deals”
“Quick Exit Strategy”
56
Profile of 12 On-deck for
Super Stardom
“Where did they
learn to manage?”
57
Virgin Airlines
Billionaire
Thrill Seeker
Bad Ass
Big Time Achiever
58
2000 – 2010
The Decades Top 10 Trends
Perhaps no other 10 year period in history has
seen so much innovations in one filed
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Cellcam
Cellphone Applications
Digital Music
DVD/Blu-Ray
GPS
Social Networking
Laptops
DVR
Ebooks
Big-Screen Plasma TV
59
Most Innovative Companies
Technology Review
Volume 113, No. 2
April 2010
60
“Influencing
business and
society through
technology”
61
So…. OK, You Have Heard
The Career Plan
Let’s Debate & Discuss
How it Can Work for You!
Self Improvement Exercises
62
Jack M. Gill, Ph.D.
B.S.
Engineering &
Chemistry
Ph.D.
Organic
Chemistry
Native
Texan
Chromatography,
Lab Automation,
Lasers
Cofounder – 1981
35 years in
Silicon Valley
• 7 funds
• $500 million
• >$1 billion net made
on first $155 M
8 years in
Boston,
New England
Board of
Trustees
Educational
Philanthropy
Over $25 million
gifts to date
Texas
Emerging
Technology
Fund
63
Robert D. Ulrich, Ph.D.
BA
Physics
Native
Californian
M.S. & Ph.D. Research
Polymer
Scientist
Science
and
Photographic
Engineer
Executive
MENLOCare
Research
Management
Corporate
Development
and Venture
Investments
President & CEO
Acquired by
Johnson & Johnson
Managing Partner
Health Care
Investments
64