| No Patience for Profitability | October 21, 2010 |
Thomas Prescott
|
Align Technology |
Entrepreneurial Thought Leaders Lecture Series |
| Views: 1591 |
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| Video 7 of 10 from this talk |
- 57:31Leadership and Disruptive Technologies (Entire Talk)
- 03:24Technology Benefits from Operations
- 01:52From Funding to Product Launch
- 03:27Balancing the Founder/Operator Relationship
- 03:45Marketing Medical Technologies
- 02:51Gaps of Opportunity in Technology
- 02:01No Patience for Profitability
- 01:04Everything Starts with the Right Team
- 01:14Love the Journey
- 00:43Maintain a Healthy Paranoia
Description
Before you create a revolution via a business launch, have an idea of how you're going to build an enterprise and capture profit, says Thomas Prescott, CEO of Align Technology. He quotes Clayton Christensen who advises entrepreneurs to, "Be patient for growth; don't be patient for profitability." Know from the onset how the company can be scaled and how it will be exited. Prescott says this is the difference between a company with longevity and one with simply an interesting product.
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