When scientists decide to turn their discoveries into entrepreneurial ventures, they are often surprised when they find out that entrepreneurial methods like the “lean startup” and “design thinking” are not so different from what they do as scientists. Why is this the case?

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Coincidence is the enemy of both scientists and entrepreneurs: this is why their sponsors (research funds or investment funds) require them to present detailed plans on how their money will be used, and what the expected results will be.

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Scientists and entrepreneurs find their discoveries in books.

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Scientists often formalize their ideas into hypotheses, for which they then design experiments to test their veracity and accuracy. Entrepreneurs turn their ideas into hypotheses and design tests to validate them as well!

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Both scientists and entrepreneurs have absolute freedom in doing exactly what they want.

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When scientists decide to turn their discoveries into entrepreneurial ventures, ...

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