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Technology Ventures

Sandeep Saxena, Founder and CEO, Acton Biotech. Technology Ventures. Contents. Brief on Acton Biotech Setting up your own venture Live example. Acton Biotech. We offer genetic tests to cancer patients, to identify drugs that will suit a patients.

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Technology Ventures

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  1. Sandeep Saxena, Founder and CEO, Acton Biotech Technology Ventures

  2. Contents • Brief on Acton Biotech • Setting up your own venture • Live example

  3. Acton Biotech • We offer genetic tests to cancer patients, to identify drugs that will suit a patients. • Our mission is to make cure is effective, faster and cheaper. • We collect samples from all over India and analyze them in our laboratory • Gradually we will extend our services to all cancer drugs and then move on to drugs used in other diseases like Asthma, Diabetes, TB, AIDS, Cardiovascular and CNS disorders.

  4. Building Acton Biotech • 1992 - 95 : Graduation • 1995 – 96 : Job • 1996 – 98 : MBA • 1998 – 99 : Tried and failed • 2000 – 03 : Job • 2003 – 05 : Tried and failed • 2005 – 06 : Preparation and planning • 2006 – 10 : Executing

  5. Setting up your technology venture

  6. Preparation • Loads of knowledge • Confidence • Persistence • Flexibility • Reading habit • Sales and marketing • Focus • People skills

  7. Preparation • You will need these skills while running a venture. • You will not have time to learn these basic skills when you are running a venture. • Its best to collect those skills before hand

  8. Points in a business plan • Pain Point • Solution (Your product or service) • Team • Scaling up • Sales and Marketing • Finance needed / returns • Competition

  9. Starting Up • Getting finance • Getting Space • Getting employees • Interacting with customers • Making the product • Sales and Marketing • Logistics, Finance, Operations, Set backs

  10. Real Life Challenges • You are alone • Sales and Marketing • Finance • Confidence • Peer Pressure • Communication gap • Dreaming small

  11. The ecosystem is ready Project / Venture finance Employees willing to join a startup Trained man power is available Recognitions by Media Technologies are available Consumers are open for new products

  12. Must Read • Crossing the Chasm • Finding fertile ground • Built to Last • Only the paranoid survive • Marketing Management • Positioning, Al Ries and Jack Trout

  13. Thank You Sandeep Saxena 4th Floor, Banoo Coyaji Building, KEM Hospital, Rastapeth, Pune 411011 Tel : 020 32319395 Mo : 9890042670 Web : www.actonbiotech.com Email : sandeep@actonbiotech.com

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