Topic: Toward Entrepreneurship by Dr. Milton Chang
– How to Start a Company, How to Succeed in America
Speaker: Dr. Milton Chang, Managing Director, Incubic Management
The speaker will describe a sensible way to start a business without taking undue risk. In essence, instead of looking for a big idea, start modestly in your area of expertise to serve a well-defined group of customers really well. You will have a built in competitive advantage to make it difficult for an established company to dislodge you. You will be able to gain business and management experience, and your customers will provide you product idea to expand incrementally and even exponentially. This approach enables you to grow painlessly and is proven to work based on the speaker’s personal experience.
In addition to address the process of starting a company, the speaker will also describe how to prepare for entrepreneurship by optimize your learning experience on the job. There will be ample time for an interactive discussion to address your specific needs. This is a seminar you wouldn’t want to miss. Attendees are encouraged to read his book in advance to get the most out of this talk.
Bio: Dr. Chang is managing director of Incubic Management, a venture fund investing in and advising high-tech startups. He was President/CEO of Newport and New Focus, both of which he took public. As an angel investor, he served on the boards of Uniphase (now JDSU) and 11 other startups that either went public or were acquired. He is currently director of Aurrion, MBio Diagnostics, and Precision Photonics. He is a Fellow of IEEE, OSA, and LIA, and writes the Business Forum column in Laser Focus World. Dr. Chang is also the author of a recently published book, Toward Entrepreneurship, which has gotten excellent reviews
Dr. Chang earned his BS with highest honors from the University of Illinois and his PhD from the California Institute of Technology. He was awarded Distinguished Alumni from both U of I and Caltech and is current a trustee of Caltech. He also attended the Harvard Owner/President Management Program and was a member of the Young President Organization. He is also a member of Committee of 100 and a member of the SEC Advisory Committee on Small and Emerging Companies.