Episode 58: Taking Your Ideas to the Next Step with Ron Shigeta

Have you ever wondered what it takes to be a successful entrepreneur? Guest Ron Shigeta discusses what it takes to build a billion-dollar startup. Learn about the skills you need for success and why a detailed business plan isn’t that important.

Ron Shigeta advises innovative startups, investors, and entrepreneurs through his advisory accelerator iAccelerate. He’s also the biotech entrepreneur co-founder of IndieBio and guest lecturer at Levy School of Business at Santa Clara University.

• What it takes to bridge the gap between academia and entrepreneurship
• Ways that you can take the initiative to make changes in your life
• Some of the skills needed to be a successful entrepreneur
• How important it is to move quickly to make changes as an entrepreneur
• How to evaluate your skills and what skills you need to work on
• The planning that’s necessary to start a business and why you don’t necessarily need a written business plan
• The things you need to focus on for profitability
• What you need to succeed as an entrepreneur
• Things you need for your startup idea to take off
• Why you need an advisor
• How personal growth affects your ability to be successful
• How fast things move when you’re successful

• “Look at what you are and what you’ve done and you will find something I’m pretty sure. If you’ve been active through your life, there’s something that you can do to create a new innovative business.”— Ron Shigeta
• “A really great trait I think for entrepreneurs is the ability to step outside of your world.”— Ron Shigeta
• “Business is essentially empirical, it comes from practice. So if you have an idea, it’s good just to test it.”— Ron Shigeta
• “You should never forget that you’re one of the most important— you’re the only asset the company has when you start out. And you need to make sure that you understand that that’s valuable and since it’s you, you can actually increase your value by understanding and being aware of how important you are to your idea.”— Ron Shigeta
• “I understand the people problems: people’s internal motivations, their psychology, their fears, their maturity. That’s primarily the problem you need to solve.”— Ron Shigeta
• “Culture can’t just happen, it has to be built.”— Mike O’Neill

• Ron Shigeta’s LinkedIn: https://www.linkedin.com/in/startupminute/ 
• Ron Shigeta – https://www.iaccelerate.tech/
• https://medium.com/the-future-of-food-technology/lab-grown-meat-is-scaling-like-the-internet-540893cbaf57
• https://medium.com/the-future-of-food-technology/the-new-economics-of-biotech-offers-a-third-way-for-scientists-eaaef77c06fe

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