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Randy Adams conceived the idea for AuctionDrop in 2002. He took his idea to Silicon Valley veterans Bill Rollinson and Andy Jeffrey, founding the business together later that year. Best described as a 'serial
entrepreneur', Randy Adams has more than 25 years of experience in consumer technology. He has successfully founded and sold numerous companies including Emerald City Software, acquired by Adobe Systems; the Internet Shopping Network,
acquired by the Home Shopping Network; Navitel Communications, acquired by Spyglass, Inc.; and Newsnet Technologies, Inc., currently under contract with Microsoft to develop specialized renditions of popular magazines for the Tablet PC.
Through the years he has assisted many other entrepreneurs in their efforts to secure funding and build their companies. Most notably, he facilitated the initial funding of Yahoo by Sequoia Capital and served on the Board of Directors of
Yahoo during its first year of operation. Randy received his undergraduate degree from the Massachusetts Institute of Technology in Electrical Engineering.
More and more successful companies are taking a holistic approach to serve specific market niches or verticals. Instead of offering a broad-based horizontal solution that may service a larger market, but require more customization and will likely involve competition from larger players, these companies are finding success 'below the radar' by staying focused on a narrower segment.
Giles Shih, President and CEO of BioResource International, is one of the entrepreneurs featured in the video interviews. In these three videos, Shih discusses his company strategy, the effects of his education and his journey as an entrepreneur.
Healthcare entrepreneurs can see the potential for a product's success in the raw concept, but the product must go through a critical testing phase to reach that potential.
See who made this week's 6 to follow in entrepreneurship
Getting consumers to use a mobile app to play games or communicate through social media is one thing. Getting them to use a healthcare-related app is another.
Qualcomm founder Irwin Jacobs believes cell phones and telecommunications will play a major role in the future of healthcare. The most successful entrepreneur out of San Diego, he recently explained his thoughts on the future of healthcare during an interview with ID8 Nation.
The founding team behind CyberDoctor wanted to make sure the product addressed a common need before launching it, and talking to patients was crucial to that.
Dr. Joshua Landy understands the importance of sharing medical experiences with other physicians. He wanted to take it a step further and make those experiences valuable to a greater range of healthcare professionals. Landy decided to launch Figure 1, hoping that it would change the way physicians worked day-to-day, and also make their daily work more accessible to their peers.
It is common for startups to focus on a specific group for the target market for their product, but developing an innovation that benefits the direct user as well as the indirect users can go a long way during an entrepreneur's journey.
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