Category Archives: Tips

Mark Ahn Sees Entrepreneurship In New Light

Mark Ahn, who I’ve talked about before, shared his insights recently on Entrepreneur Podcast Network. Bioentrepreneurship is Mark’s specialty. His consulting company, Pukana Partners, Inc., provides bedrock strategies for both large and small biotech companies, so let’s hear what Mark has to say about recent trends in entrepreneurship.

Entrepreneurs operate with cutting edge technologies and innovative business strategies. First, our digitalized economy encourages older enterprises to develop new marketing techniques. Think of a website, such as Airbnb, Inc., and how much more exposure it receives than a print-only marketing campaign for a traditional bed and breakfast operation. Second, the globalization of capital markets ensures that entrepreneurs need to think internationally to succeed. Finally, digital life sciences and biology tailor any medicine to the individual’s needs.

The rate of entrepreneurship has fallen recently. The recession curtailed many risk-taking individuals whose efforts may have created as much as 90 per cent of new jobs. In the 20-30 year-old demographic, lower participation in entrepreneurship may spring from student debt. Concurrently, life sciences took a leap forward in business model applications.

20-30 per cent of the time. The trend shifted to individualized medicine, in which cellular biology research provides designer drugs. For instance, hemophilia A may be cured by one injection, as opposed to traditional expensive treatment for life. This major change focuses on the patient becoming their own drug factory. New approaches in life sciences entrepreneurship mean that an entrepreneur may build a company from scratch to cure a complex disease, such as Alzheimer’s, and then go public or merge with established businesses. Mark sees this trend as 3 B’s: Bench, representing the laboratory research bench; Bedside, getting the cure to the patient; and Business Models, companies which change with the times to benefit from the trend.

For more from Mark Ahn, check him out on Twitter.

Profiles in business: FreedomPop & dirt cheap data

You may of read about FreedomPop this week on the Wall Street Journal Blog. This new tech company is an exciting alternative approach to the big guys in the communications industry. With all the controversy surrounding ComCast lately, smart investors are looking at startups like FreedomPop. It could be the next AT&T.

FreedomPop is just a bit different because they offer free mobile services to any American. Check out the free services and executives that make it happen.

FreedomPop is located in Los Angeles and was opened to the public in October of 2012. The company is backed by DCM, Mangrove Capital and Atomico.

Services

FreedomPop offers free services for home broadband, wireless service for the internet and mobile phone services for 4G. The high-speed service for wireless internet runs on Sprint, WiMax and CDMA networks. They currently offer their Photon Mobile Hotspot on Amazon and have apps available on iTunes and Google Play.

Executive Officers

• Stephen Stokols is the Chief Executive Officer of the company. Previously, he worked as the CEO at Woo Media, which is a fast growing interactive video company. Today, at FreedomPop he oversees partner alliances, customer acquisitions and product innovation.

• Scott Bendar is the current Chief Technology Officer at FreedomPop. His responsibilities include areas of solution delivery and technology. Scott has quite an extensive background in technology and is a good match for FreedomPop. His background includes working for Zannel Inc. as a Vice President of Engineering, Infospace as the director overseeing the technology division, and he also worked at AG Interactive where he was responsible for mobile technology solutions.

• Chris Chen is the current Vice President of Consumer Experiences and Operations. In essence, he sees to customer satisfaction and efficient business operation practices. His background includes a decade of content publishing, mobile gaming and other extensive areas of telecommunications.

• Steven Sesar is currently the Chief Operating Officer. He oversees a number of areas including retention efforts, site conversion, customer acquisition and monetization. His background includes more than a decade of experience primarily focused on internet products for consumers, and he is a very experienced technologist.

• Mauricio Sastre uses his extensive experience and knowledge to keep the product division running smoothly. As the Vice President, his role is to oversee mobile and web products, and he leads the wireless manufacturing and innovation divisions. Mauricio is well suited to these tasks with a background in technology and product experiences totaling more than 13 years.

FreedomPop has a diverse group of executives with exceptional skills and internet knowledge that provide top-notch services. They are ready to face new technology challenges, and they are offering you a chance at free wireless, broadband and mobile phone services.

Investment New Year’s Resolution Advice from Sam Tabar

American investors are no different than American’s starting a New Year’s resolution to begin to exercise; they set new goals for a healthier new year. This year the established Fidelity Investments firm conducted an investor survey that found that over 50% of this year’s investment consumers make such New Year’s resolutions when it comes to investing. Yet unlike those resolving to get into a new exercise routine, investing in a complex arena of investment securities can quickly become overwhelmed in such complex information. The famed strategist of capital and Columbia Law School educated Sam Tabar was recently published on CNBC with his investment advice for this coming 2015. Tabar recapped his most advantageous investment advice for the self investor who is looking to better their personal net worth and aid in building a solid retirement this coming calendar year.

One of the first bits of advice according to Tabar is for newcomers to the investment game; he warns those that may have the impression that they can make a “quick hit” in the investment game. Tabar cautions those individuals who are first learning to manage their own commodity portfolios with self trading that the commodity markets are the most complex of all markets and that it’s a market full of volatility. Those who have been used to self trading in the stock market will find the commodity market more unpredictable than the stock market and mutual fund markets. He warns that commodity investors must accept that to invest in commodities they will need to do a much greater due diligence prior to investing. So succinct was this warning that Tabar advised that casual and novice investor’s alike stay away from the commodity markets entirely. That it isn’t just the additional research that is required but also the ability to absorb likely short term losses common to the commodities investment market and that such losses are most likely to occur in the volatile investment sector.

Tabar offers both the novice and casual investor the advice on diversification, and the importance of keeping one’s portfolio well balanced. He warns that many new to the investment market can often get tunnel vision on just one type of investment vehicle, such as a single outperforming stock. Tabar that its key not to have all your investment dollars set in a single vehicle, exposing it to significant loss.