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Presentation at Careers in Neuroscience Symposium CNS 2014 on the scientist as entrepreneur.
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The Scientist-Entrepreneur
Billy O’Connor
Professor of Physiology
Medical School, University of Limerick.
Ireland.
Inside-the-brain.com/
Would you have invested?
The importance of opportunity (luck)
Of the seventy five richest
entrepreneurs in human history
fourteen are Americans born within
nine years of one another in the mid-
nineteenth century.
Reason: In the 1860s and 1870s the
American economy went through its
greatest expansion - railroads,
manufacturing, etc.
All named on the list had vision and
talent but they were also given an
extraordinary entrepreneurial
opportunity. The Outliers. Malcolm Gladwell, Penguin 2009
This is where you want
your business venture to
take you!
The key is to enjoy the adventure for its own sake.
Creativity is the type of learning process where
the teacher and pupil are located in the
same individual.”
- Arthur Koestler (1905-1983)
Flow: the optimal scientist-entrepreneur mindset
Three key requirements are autonomy, complexity and a connection
between effort and reward.
Skills: know your game
The key to success is to practice a specific task for ten thousand hours (10 years).
The Outliers. Malcolm Gladwell, Penguin 2009
Practice isn’t the thing you
do once you are good.
It’s the thing you do
that makes you good.
The idea of
apprenticeship or
mastering your trade will
give you confidence in
business.
In a competitive situation
knowing your game can
literally make the
difference between
success and failure.
Time management
Time has value so spend it wisely.
Entrepreneurship education not only imparts information but also empowers
creative thought.
Remembering Envisioning the Future
Proc. Natl. Acad. Sci. U.S.A. 104, 2, 642 (2007).
BRAIN ACTIVITY DURING PAST AND FUTURE THOUGHT
Education: where do creative ideas come from?
The ability (i) to learn and remember and, (ii) to think creatively involve
the same brain regions.
“Fortune favours the prepared mind.” - Louis Pasteur.
Read six non-fiction books a year.
Read widely
1. Mindset 2. Skills 3. Education
Atlas shrugged
Wealth creators be proud. Fight for your
freedom to innovate and produce and
never accept the guilt of the non-
productive.
‘Self interest is in full accordance with nature
and therefore brings the more moral end.’
- Adam Smith
Rand is the patron saint of the 21st Century
entrepreneur - advocating a philosophy of
maximum self-expression combined with a
desire for technological progress.
Wealth is a sign that significant individual
thought has taken place. To create something
and to make money out of it is the essence of
human morality.
The purest brand of capitalism represents a
triumph of the creative mind over the state,
religion and tradition.
Creativity in a crisis - the hallmark of the human condition
Most radical innovations harness the cross-pollination of
disciplines
"The real act of discovery consists not in finding new lands but in seeing
with new eyes.” - Marcel Proust