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The culmination of the Ph.D. is supposed to be the creation of an independent and self-sufficient scientist who can continue to contribute to the scientific enterprise.

He knew his invention would not have the impact it could have unless he led its introduction into the commercial market.

Being the best in the world holds little meaning if it is with respect to an infinitesimal niche of science that only you inhabit.

It was like being a first-year graduate student and having long, one-on-one meetings with Harold Varmus, Francis Crick, and Craig Venter.

A Ph.D. is great on fundamentals--it teaches you how to make something completely on your own--but it falls short on the practical stuff every entrepreneur has to master.

"Listen to everyone who has something to say, file the opinions, and make your own decisions anyway." --Avi Spier

You don’t have to leave scientific training to have an enjoyable (and lucrative) side business as a technical consultant.

"I, like every other graduate student I knew, developed a sixth sense for knowing when the dean's office had leftover hors d'oeuvres after a reception."

Government grants for technology-based businesses are very similar to those you might win in academia, but because they are given to small businesses, there is an added focus on technology commercialization.

If you have any interest in management consulting, investment banking, or quantitative finance, these information sessions may be a valuable window on the recruitment process.

Within about 4 months, J. received three offers for faculty positions.