Going From Research to Business Development With Fabrice Marquet

Hi and happy new year! In this first episode of 2021, I bring you a story you may in part know. A story of changing countries and cultures and of finding new horizons for yourself in the process - in my guest's case, leading to his transition from basic research into business development. Take the Papa PhD Listener Survey Now ! Fabrice worked as a research scientist in medtech for more than 12 years in top-tier institutes worldwide. He was deeply involved in the entrepreneurial scene leading to multiple startup successes including one IPO. He setup from scratch and led MonacoTech, the first and only innovation program founded by the Monaco Government and French billionaire Xavier Niel. In less than a year, he created a portfolio of 12 hand – selected companies valued over 100M€. He then founded with Brian Frederiksen Monaco Foundry with the ambition to revolutionize the way we turn ideas into global commercial successes. Within a few months they assembled a remarkable team of Serial Entrepreneurs, former Senior Government Advisors and Fortune 500 Executives combining strong corporate expertise with entrepreneurial mindsets. Download "Tools for Your PhD Journey" ! What you’ll learn about in this episode: What you can gain by going abroad for the entirety or part of your graduate studies Different countries have different research cultures The importance of knowing your "Why" in graduate school and in life, of finding what drives you Technical aspects of deeptech startup incubation Why you should start building your network today This episode’s pearls of wisdom: “I think it's more about creating an environment where people trust each other, can be truthful with each other. And there is no shortcut to that - there's no tricks. And I feel that's something that's very true with anything - I'm deeply convinced of that. Especially today where we live in an instant gratification society where where you have all these snake oil sellers giving you hacks and tricks and shortcuts. This is bullshit. All the real things in life take time and effort. Hard work. That's it.” “What I've learned as a PhD and as a scientist was being patient and diligent. Things take time to develop. Being patient enough in the short run to really make sure that you execute on that roadmap as fast as possible.” X's links: LinkedIn – Linkedin.com/in/Fabrice-Marquet; Twitter – @FabriceMarquet.; Website – MonacoFoundry.com. Leave a review on Podchaser ! You might also like the following episodes: Chris Humphrey – Career Counseling: PapaPhD.com/73 Chris Kent – Biomed Startup CEO: PapaPhD.com/11 Emily Roberts – Finance for PhDs: PapaPhD.com/8 Margaret Magdesian – Biotech Startup CEO: PapaPhD.com/21 Need to communicate your research? The research you produce is only as good as the way you communicate it. Scientistt Studio is an exciting science communication company that brings your research to life through a variety of services. From as little as £59, a summary of your work can be narrated, illustrated and animated, leaving you with an engaging video to share with the world. If that wasn’t enough, as a podcast listener you can get 10% off any Scientistt Studio service using the code “PAPAPHD” when you order. Click on the button below, explore the range of Scientistt services and use the promo code PAPAPHD. By doing so, not only will you be on your way to better science communication, but you will also be helping me produce the show: Get 10% on any Scientistt Studio service ! Thanks for being a fan, happy listening and happy sharing!