Ep.16 - Volatile Markets? Don’t Be Reactive, Be Proactive
Forget the noise; find the signal.
Biotech entrepreneurs and academic researchers often encounter situations that were never addressed in their technical training. These knowledge gaps can create anxiety in response to challenges such as media predictions of funding scarcity, but it’s never too late to learn new ways of thinking that will help you ride out the ups and downs in the choppy waters at the convergence of science and finances.
00:30 Introduction
Damien and Nick from Experimental Designs Consulting chat about how getting distracted from your dreams can turn into a nightmare.
01:47 Up? Down? Forward
Media doom and gloom about market downturns can create a scarcity mindset based on fear and anxiety. However, if you dig a little deeper you’ll find data and trends that can point you in the direction of the resources and opportunities that are still out there.
Surprising resilience of private VC-backed biotech markets, by Bruce Booth
12:42 Don’t panic! Pause and pivot
Consciously developing your self-awareness will help you recognize when you’re reacting based on fear; cultivating an abundance mindset will help you find the opportunities hidden in seemingly scary situations. Together, these approaches will help you take a step back to find your new path forward.
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