Scientist/Engineer to Entrepreneur

When someone patents a new technology or product and want other people to use it, they typically allow licensing of the technology for a fee or a charge. The licensing terms are negotiated carefully and avidly by both the parties that allows the licensee to make money while the licensor gets to use the technology…

Changing the perspective is always difficult. It is hard to imagine how the perspective can be changed in a standard product that is off the shelf but often times it works significantly if the same device or instrument is used in a unique or different way. Let’s go back to the example of a centrifuge…

Accounting is something that is required for most businesses. In larger companies, there are full departments tracking the expenses for a company but for a smaller company, there are several options. One of the more popular options is to do some of the major accounting with a software from Intuit like Quickbooks and then consult…