You will agree with us that the 5-Hour rule is a very simple concept and easy to apply in our professional lifestyles as it in our social lifestyles. However, What is it with the 5-Hour Rule? did these successful people apply it before or after success? This is the problem we find in so many great stories today. They tell one part of the story, in other words, the stories are not complete.
Well we are not just being critical, we also want to learn!
The 5 Hour rule seems to be something easy to do if you are a disciplined person, who knows what you would want to achieve or who has already discovered his or her reason for living (life’s purpose). It is a powerful way to success relying on the willingness of each one of us to deliberately want to learn on how to improve what we do or whatever we want to achieve and deliberately trying out what we have learnt through experiments, being actions and results driven.
Our main problem with all the beautiful stories out there
Now, read every story about this powerful rule, the story will tell you how successful people are applying it to even reach greater success today but, none of the stories tell us when these successful people started applying the rule in their lives. Did they start once they became successful and therefore were more in control of their time and what happens in each day of their lives, thus freeing them time to deliberately learn and experiment what they have learnt? Or was this 5-hour rule part of the process from the ordinary people path, just like you and me today, to the great and successful people they have become? This is what we find to be the problem with the 5-hour rule.
The next thing we find has not been well covered, is the frequency in terms of weeks to which this rule is applied in their lives. Is it on weekly basis or is it only when there is a special project that has caught their attention and they want to focus on that project until it has been successful or proven to be not worth their time.
How do you really make time to do this?
Just imagine yourself as a start-up owner constantly having the time to do all these three simple and easy steps. Most of the people in early stage of entrepreneurship don’t have a minute to do any other thing apart from their startups’ activities. They are constantly drawn into such activities to make that venture a success, depriving them the opportunity to read, learn and experiment any other thing that comes along their paths.
This is why we are very much interested in understanding at what time did a great successful person like Bill Gates, Warren Buffet, Oprah Winfrey, Mark Zuckerberg and many more others successful individuals in the entrepreneurial world start to apply the steps in the 5-hour rule? Was it before they were successful and tried everything possible to make time for this rule’s applicability or was it after they were successful and had the power to control how they spend their time through task delegation for example and therefore enabling them to make time and room for all that is required to work towards success? once they started applying this rule, did it become the weekly routine way of doing things or is it periodic? We need more details around this and many more aspects of the applicability of this rule into our daily lives to success.
Otherwise, the 5-Hour rule is a genius work, one of the best simple processes that each one of can follow through to success. However, sometimes it is very difficult to understand such simple things because they are only associated with the most successful people, and an ordinary person would be tempted to think that it is almost impossible to apply it in his or her daily life routines. The main challenge to most of the ordinary people like us would be the discipline to stick to the plan, week in – week out (if that is what is required), given the fact that we have limited abilities to control how and where we spend our time every week… or do you think this is one of the reasons why we are not successful? Do you think this is another excuse we use to keep not trying such great strategies to success?
Let us have a conversation about this, your experiences might be different and it is always great pleasure to learn from others. What do you think about this 5-Hour rule so far? It is so simple, each one of us can do it. but why don’t we just do it? Why?
BizSkills Academy has had the pleasure and honour to be part of the 12th Biovision Forum from the 4th – 6th April 2017 in Lyon – France. This event presents an excellent opportunity to meet and liaise with the best in the global health industry. We have compiled this article to sum up the proceedings at the forum and hopefully, help you to prepare or to convince an entrepreneurial friend who might be interested in health, Biotech and Medtech entrepreneurship industries to take all the necessary steps to be ready for the next year’s forum.
The event has a number of programs going on simultaneously, some spearheaded by partners, and other led by BIOVISION Forum organizers. Thus, the Biovision Forum is an event which is well organized and designed to suit the needs of Medtech, Biotech and E-health start-up companies who are looking to take their innovations to the next level. It is a great event for investors who are equally interested in funding or partnering with the best innovators in these industries. However, the Big Booster program of the event may break this rule, it is open to all start-up companies with great and promising innovations!
First, Mr. Florian Miguet from Clim8
We will start by introducing you to Mr. Florian Miguet one of the big booster participants in 2017. Mr. Florian Miguet is the CEO and the Co-founder of Clim8, a startup company which produces clothing adaptable to the body temperature requirements at any time and anywhere.
Using the Clim8 Apps both on Android and iOS; a client is able to take control of of the desired body temperature, as well as tracking your exercises and calories. So, with their invented clothing, each one of us will be able to customize his or her unique thermal profile or requirements.
This Mr. Florian Miguet assessment of the BigBooster Program and of his own company after participating in the Boston, USA BigBooster Camp.
For more information about the Clim8 company and the mazing work they are doing, please don’t hesitate to visit their website on: http://www.myclim8.com
As you read this article, you will be able to get a glimpse at each start-up company which has won awards in this year’s forum and the kind of innovations, services, and products they have developed or they presented at the forum. You will also have an opportunity to visit each company’s website to have a deeper understanding of what they are doing at the company level, this way, you will be able to know how to prepare your own company’s products, services, innovations for the next Biovision Forum which would take place in 2018, i.e. if you have entrepreneurial ambitions.
Whether a startup company, an academic institution, a non-profit organization with a key focus on global health and an established business, it is paramount you attend the next event. The Biovision forum discusses emerging issues in global health, which are pertinent to the future of all of us. For instance, Artificial Intelligence, the future of vaccines, Oncology; the branch of medicine that deals with the prevention, diagnosis, and treatment of cancer and many other subjects were judiciously debated by experts and stakeholders at the forum. Of course, you would want to be part and parcel of such discussions in the forum and keep the conversations going past the forum, won’t you?
Secondly, Which Start-ups or Companies Fit into Which Categories in the Forum?
In the Biovision Forum, there is a stage for the main event i.e. the Prospective program. In the Prospective, topics like the future of vaccines, BREXIT, and so many other interesting global health’s crosscutting issues are discussed. Then, there are also breakout sessions for the Catalyser, Investor, and Big Booster programs; which go on simultaneously with the main event. So, you have a variety of interesting conversations to pick from.
There are also exhibitions spaces for start-ups and partners participating at the forum. If a specific start-up company wants to have private conversations for a prevailing deal-making opportunity, there is space provided for such discussions as well. So, the Biovision forum is a venue to make deals, to expand your network in the industry and above all else to learn from the best in the industry, who convene in Lyon City on annual basis.
The Medtech, Biotech, and E-health start-up companies at different levels have a partner and a friend in the Biovision Forum. Therefore, you must save the date for the 2018 Biovision Forum to be held in Lyon again, from the 17th – 19th April if you are a keen entrepreneur, setting up a company with some impressive breakthrough innovation.
For example, start-up companies seeking first seed capital are a great fit for the catalyser category, essentially still seeking to prove their innovative business models or concepts. The amount of funding sought by such start-up companies in this forum ranged from 300,000 Euros to 1.5 Million Euros. On the other hand, start-ups who have a readily proven and innovative business models, and are exploring opportunities around commercialisation of their products or services, fit very well into the investor category. Here, such start-up companies get opportunities to meet successful companies who can either acquire their innovations or meet venture capital firms and angel investors who are ready to invest in their businesses. The amount of investment thought in this category ranged from 700,000 Euros to 6 million Euros.
Finally, start-up companies who have working business concepts, prototypes or at least viable products or services and have business set up in one marketplace, for example their home country are a great fit for the Big Booster category. Additionally, these companies may be looking for market expansion opportunities in the international market space; including growing into the European, African, American and recently, the Chinese market.
Big Booster is a high-level international non-profit acceleration program built for start-ups from all business sectors, opening doors to non-Biotech, non-Medtech and non-E-health businesses as well. The program has a special partnership with the City of Lyon in France and Boston in the U.S. So, whatever business sector you are involved with today as a start-up company, Biovision Forum has a category that will suit you perfectly, given your business’ scaling up objectives. Big Booster’s deadline for this year’s applications is set on the 26th Sept 2017, if you are interested, please visit their website. We have shared a link at the end of this article.
So, Which Start-up Companies Emerged Winners and What Do They Do?
In this post, we will cover companies in the Catalyser and the Investor categories, we have already listened to a BigBooster Program participant in the video above, though there were many companies, we will not cover BigBooster in this section. As expressed by the Director of Biovision Mr. Christophe Dercamp; “Biovision has positioned itself around certain key goals: transforming innovative ideas into solutions beneficial to the public, working towards a more connected and patient-centred health, searching for nuggets of knowledge that drive tomorrow’s conversations on the outpost of discoveries of the future.”
If you have a strong interest in the field of Biotech, Medtech and E-health; and you are wondering about which start-up companies emerged the winners, and the kind of products, services or innovations they presented, below you will find a description of each company and a link to their website.
The Catalyser Category Winners
Most innovative project award went to GLYCODELETE
VIB is a life sciences research institute, based in Flanders, Belgium. They perform basic research with a strong focus on translating scientific results into pharmaceutical, agricultural and industrial applications. Visit them on: http://www.vib.be
Most innovative start-up went to LACLARÉE
To address current limitations of multifocal lenses, Laclarée proposes a new concept of variable focus eyeglasses, providing clear vision at all distances automatically, and on a large field of view. Based on a proprietary technology, the team is developing eyeglasses perfectly adapted to presbyopes’ vision with no compromise on the aesthetic. Visit them on: http://www.laclaree-vision.com
Catalyser committee special award went to OP2LYSIS
The most promising and innovative Biotech Start-up went to STEP PHARMA
Step Pharma is a biotechnology company discovering and developing proprietary small molecule therapeutics for the treatment of auto-immune deceases. Step’s lead program is selective modulators against specific immune cell populations which are the main drivers of auto-immune diseases. Visit them on: http://www.step-ph.com/
The investor conference selection committee special award went to MENSIA TECHNOLOGIES
Actions to Be Taken if You Are Interested to Be at Biovision Forum Next Year:
What should you really do to have your company, start-up, new product or innovation set a footprint in this resourceful network at the next Biovision Forum?
We believe the very fast thing you need to do now, is to set your calendar reminder every three months, so you remember to check on Biovision Forum or Big Booster’s social media accounts and website for latest development in terms of procedures and deadlines for applications and so on.
The second thing which is wise to do right now, is to browse through the Biovision Forum website to find out which category that will best suit your start-up company and how you can best prepare yourself to participate or to have your start-up presented at the forum next year.
Launched in 2013 , BIOVISION Catalyzer allows innovative projects holders and seed stage start-ups representatives to meet and connect with potential private and public partners. Most importantly, innovative projects to provided with pitching opportunities to investors who participate in the forum.
Why shouldn’t you try your luck for the next forum?
To make sure you are in sync with the preparations for the 13th BIOVISION Forum, you may have to follow the forum on Twitter Handle: @BIOVISIONForum and Facebook Page: @BIOVISIONForum.
As we are all aware, starting up companies is not the easiest jobs. However, with the right partners and the right forum, great networks and potential opportunities for funding are facilitated. From across the world, BIOVISION Forum exhibits opportunities from both the developed world and developing world.
For example, in the video bellow, you will be able to hear a member of the BIOVISION Organizing Committee share their work in relation to showcasing life science projects from the developing world.
Which startups should participate?
Applications are open to innovative projects holders and seed stage startups from the following sectors
Gain Visibility & pitch
Pitch in front of an international jury including leading representatives from academia, institutional and private sectors.
Winners will be showcased during Biovision’s closing ceremony.
A Forum for Investors as well
In the Forum, there will be investors who are looking for compelling opportunities in terms of creative and innovative projects to fund. Thus, as startups showcase their innovations, investors are also taking turns to analyse the risks in each projects in the form of startups and subsequently, making decisions on which projects to invest in.
Networking & get opportunities
Benefit from Biovision’s partnering tools in order to network with multi-stakeholder attendees and explore potential collaborations.
Winners of Biovision Catalyzer will automatically be selected to participate in the season 3 of the BigBooster International Acceleration Program.
Debate & share your expertise
Be part of the Biovision Prospective paths, challenge, exchange and discuss with Key Opinion Leaders (KOLs) and experts, participate in the ensuing Insight sessions that will lead to Call for Actions on major health issues.
For more information follow BIOVISION FORUM on Facebook and Twitter: @Biovisionforum
In our previous article, we highlighted the three different themes, which will taka place during the 12th BIOVISION Forum in Lyon from the 4th to the 6th April 2017. BIOVISION Prospective, BIOVISION Catalyser and the BIOVISION Investor. This article will mainly focus on BIOVISION Prospective, which is a meeting place for stakeholders in global health leading to ONE HEALTH.
What do partners benefit from participating in the BIOVISION Forum?
Listen to this Mr. Peter Sun from Shenzhen Beike Bio-Technology – China
What is ONE HEALTH?
ONE HEALTH is “the collaborative effort of multiple disciplines – working locally, nationally, and globally – to attain optimal health for people, animals and the environment” and it will be the main topic for Biovision Prospective.
Biovision Prospective will be divided in 6 paths where an exchange time, bridge meetings between 20 experts and challengers chosen amongst attendees, insights and a delivery of the call for action will take place.
Each path, will have a sub-theme. Global medical education & training, Digital health and innovation for sustainable healthcare, Emerging viral diseases, Animal health, Cancer, Innovative technologies and science of metagenomics to reach ONE HEALTH.
The Prospective meetings will facilitate discussions between Biovision participants, international experts and leading figures in global health and prevention throughout the course of four main session focusing on the following paths:
Global medical education & training
Digital health and innovation for sustainable healthcare
Emerging viral diseases
Innovative technologies and science of metagenomics to reach ONE HEALTH
During each session, twenty to thirty experts will participate and exchange ideas in workshops. Their conclusions will be presented at plenary session and finalized within the Call for action addressed to the international community at Biovision’s closing ceremony.
From the 4th – 6th April, in the Lyon City of France, the 12th Forum of the global health experts and key stakeholders from the academia, public, private and nongovernmental sector will once again convene together under one roof for the twelfth time to discuss the emerging global health issues and to shape the agenda for future trends. This event is called BIOVISION-The World’s Life Sciences Forum.
In the previous forum, some of the very contentious issues like the future of vaccines, digital patient, cancer and its causes, disruptive innovations in the global health arena and many more. From the private sector perspective, we could tap into the resolutions of this forum by identifying those game changing trends and learning how we can apply them into our new or existing businesses.
Listen to what Prof James Barlow, from Imperial College Business School says about the 2014 BIOVISION and disruptive innovation.
From the business and entrepreneurial perspective, this is an event that will help us to understand what the future holds in our respective businesses sectors both existing and potential start-ups.
So, what if I was an existing business?
From an existing business perspective, one would want to know how the global health emerging issues affect our current business strategies and what innovations, technologies, trends are pertinent to the business we are involved into.
So, if you want to keep up with the business of the day and shape the future or strategize to become an industry’s leader, you don’t want to miss the sequence of the events in this year’s BIOVISION Forum.
How about if I were a potential start-up?
Well, at BizSkills Academy we do believe that great business ideas live with us and among us. They are never too far from our daily reality. So, if you are looking for that next breakthrough, that industry disrupting potential business idea in the near future in the Medtech, Biotech and e-Health industries; then why look any further than this event? As you read this post, you are now aware that the event is on and the dates are clearly the 4th to the 6th April 2017… you can follow the special hashtags and the event from the comfort of your home or office.
Then, what if I were a financial institution
For financial institutions, there is more than one reason to follow this event. If you support new businesses, start-ups, inventions and the people behind exceptional business ideas then this is your event to watch and catch-up with what is happening in the in the Medtech, Biotech and e-Health sectors.
If you are an insurance company or work with insurance companies, then you have got to know how the next five years emerging technologies and ideas in the Medtech, Biotech and e-Health will affect your business, and possibly start thinking of new competitive strategies at the insurance policy and marketing level.
Finally, with all the great minds convening at the 12th BIOVISION Event, to us at BizSkills Academy, we see this as being all business and at the interest of businesses both today and tomorrow. Do you agree? Share your thoughts.
Special Hashtags to follow on twiter are: #Biovision #lifescience #ehealth #medtech #biotech
BIOVISION 2017 is taking place from the 4th to the 6th April in Lyon – France, bringing together This year, the forum will welcome major players from the health sector representing each step of the value chain (research, innovation, partnerships and finance) with the goal of arriving at concrete solutions to existing and future health issues.
Watch this YouTube video of of Christope Dercamp, Phd; the Director General giving insights into the importance of BIOVISION, The World Life Science Forum. from this video, you will get to understand the importance of this forum and hopefully, you will be able to follow it on the above mentioned dates.
as seen in the above video, BIOVISION is a special event, which brings together all key stakeholders in global health from the academia to the private sector. This forum’s deliberations serve three main cornerstones well curated to ensure that the forum reaches its goals. Those cornerstones are Prospective, Catalyser and Investor. They are discussed bellow:
A meeting place for stakeholders in global health in the following areas:
Global medical education & training
Digital health and innovation for sustainable healthcare
Emerging viral diseases
Innovative technologies and science of metagenomics to reach ONE HEALTH
A springboard for innovators in the fields of Biotech, Medtech and e-health may hold the solutions to the health issues of today and tomorrow. Biovision is committed to discovering these individuals, supporting them by putting their ideas in the spotlight, and placing them on the fast track towards the fulfillment and realization of their work.
The intersection of health start-ups and venture capital, which is the Biovision INVESTOR accelerates the fundraising process of Biotech, Medtech and e-health start-ups by putting them in direct contact with potential business and development partners. Selected from a pool of applicants by a special committee, start-ups with the greatest potential to offer innovative health solutions will present their pitches during the Biovision forum in front of a jury comprised of leading European private and corporate investors in the life sciences.
For more detailed information about BIOVISION and The 12th Forum taking place in Lyon – France, please visit the BIOVISION webiste bellow:
Donn’t hesitate to get in touch with us in case you may need more information regarding this event.
After completing your Business Plan, now what? Where do you go from there? Remember, you wrote a Business Plan for one of two possible reasons: as a personal guide or as a funding proposal. If you wrote the Plan as a personal guide — i.e. as a blueprint through which to organize your thoughts on your business to help you understand the idea from all important angles through the stages determining the total investment to what it will take you to have your business fully setup, then you may need to pitch it in a non-traditional pitching process.
It is very rare to come across business plans which have an exhaustive assessment and mitigation plan of the potential business risks in any given business, that one intends to invest his or her resources into. This being a vital component of business plans, most businesses will describe and develop strategies on on how to go about various business risks, but will somewhat fail to highlight or mention them. As such, business assumptions are thought through and well articulated, key to success will be included in the business plan, but you will not see anything about potential business risks and how a business plans to mitigate them.
As we continue this journey of facilitating you to develop your own business plan, we are moving away from the descriptive section to the finances and real numbers sections. In this section, the aim is to determine the total investment required to get your business off the ground and actually determining the sources of finance required to help you implement the business from the business plan document into a well operational and sustainable business, that lives to its mission and vision.