2 Awesome E-books For New Scientist Entrepreneurs

When I decided to explore my interest in biotech entrepreneurship, I did a lot of searching online for helpful resources on the topic. A year and a half later, 2 E-books I read early-on in that process still stand out.

1. The Entrepreneur's Guide To a Biotech Startup, 4th Edition by Peter Kolchinsky

This is a free E-book, but don't let that fool you. This book is definitely one of the most comprehensive, easy-to-read resource on starting a biotech venture out there. At 98 pages, the book contains a lot of content. Kolchinsky first gives a general overview of the biotech industry. As I was just starting out, this proved very valuable at the time.

Usually E-books are written like a blog, in a very casual tone. Not this one. This book is full-on text book style and I was very impressed by the high quality of the content. Everything from legal aspects of forming a company, issues with intellectual property, insurance, real estate are discussed by experts in the field. Activities such as finding board members, fund raising, R&D are all given in the context of a life sciences startup. Non-business types will find the financing portion particularly helpful.

Overall, I highly recommend this E-book and would go as far to say that it is required reading for the budding biotech entrepreneur. Download the book PDF here.

2. Chapter 2: What makes a biotech entrepreneur? by Craig Shimasaki

Okay, this really isn't an E-book. It is actually just a chapter of the book, The Business of Bioscience: What goes into making a Biotechnology Product. However, the publisher has kindly made one chapter available for free, and I found it quite useful in my transition from science into business.The chapter is only 19 pages long, but offers an intimate perspective into what it takes to become a biotech entrepreneur.

The author provides a personal account of his own journey, and I felt the analysis of the various types of backgrounds to be helpful. Entrepreneurs come from a variety of backgrounds and there is no cookie-cutter path to take. However, there are general role categories that people fall under, such as scientist or businessperson.The author explains the difficulties in such teams and emphasizes how important it is to account for different ways of thinking and communicating.

Finally, the author suggests ways to enhance one's personal and professional development (specifically, gaining leadership and other complementary skills) to become a successful entrepreneur.

The discussion on getting the MBA for the science-type person was helpful in my own decision to pursue the business degree (although the author does the executive MBA program since he had decades of operational experience in the industry already).

The chapter is only 19 pages, so I won't go into too much detail. It's a quick and casual read - but is loaded with wisdom from a seasoned biotech executive.

Download the PDF version of chapter 2 for free here.
Find the entire book available for purchase here.

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