Podknife - #109: Philipp Baaske's Journey: From Small Village to Biotech Entrepreneur by Beginner's Mind

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#109: Philipp Baaske's Journey: From Small Village to Biotech Entrepreneur

Podcast |: Beginner's Mind
Publisher |: Christian Soschner
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Interview,; Investing,; Technology
Categories Via RSS |: Business,; Entrepreneurship,; Investing,; Technology
Publication Date |: Apr 04, 2023
Episode Duration |: 02:03:28

Join us in this episode as we talk to Philipp Baaske, CEO of Nanotemper, and explore the ins and outs of building a successful biotech startup. We cover topics such as bootstrapping, finding customers, developing effective leadership skills, and more. Gain valuable insights and advice from Philipp's experiences as a business angel and entrepreneur. Tune in to learn how to build and scale a successful biotech startup.💡 LINKS TO MORE CONTENTIf you like the episode, become a subscriber and support the show: https://lsg2g.substack.com/subscribe Philipp Baaske Christian Soschner📖 Memorable quotes:(36:18) "First of all, I disagree with Steve Jobs, it's important to talk with customers about their problems, but it's really about the problem, not talking about a technical solution." (48:17) "If you don't fail, you do something wrong because if it always works, you don't do the risky thing; you just do the easiest thing."(01:10:20) "This is my advice on startups: sell. Sell a product before you have it because if the customer gives you money for it, you know that it's worth developing it."(01:12:39) "We never thought about failing. Failure was not in our mind." (01:19:31) “I strongly believe that every disease is treatable.”⏰ Timestamps:(00:00) Introduction(02:30) The Impact of SVP Bankruptcy on Entrepreneurship(06:41) The Importance of Proper Risk Management(09:51) Absolute Focus on the Things You Can Influence(12:05) Managing a Global Team: Trust, diversity, and decentralized decision-making (14:56) Trusting the Best People(17:01) Hiring with Gut Feeling and CV-Application Letter Match(20:32) Marketing and Cultural Diversity(28:43) The Importance of Product-Market Fit Over Funding and Investors(29:12) Finding Customers vs Finding Investors(33:43) Milestones and Helping Customers(38:00) Talking to Customers About Their Problems(40:06) Identifying Markets and Competitors(42:56) Unlocking New Cancer Treatment Pathways(45:26) Overcoming Failure in Startups and Drug Discovery(48:49) Breaking Out of Confinement and Pursuing Goals(56:37) Impact of Upbringing on Entrepreneurial Spirit(57:33) Stop complaining, start improving: lessons from Vienna(01:00:04) Curiosity-driven education: finding a passion for physics(01:03:21) Experimenting in microgravity: sending projects to the ISS(01:14:20) Startup advice: focus on sales and steady growth(01:12:39) Overcoming adversity: believing in our technology

How to Start a Podcast Guide: The Complete GuideLearn how to plan, record, and launch your podcast with this illustrated guide. Make More with Matt HeslinExplore strategies to thrive financially, build legacy, and enhance life experiences.

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