Most high tech. entrepreneurs learn how to create new ventures as a result of trial and error. While there is no escaping the need for some of that, we believe that many entrepreneurs waste a lot of time and money making errors that could have been avoided – the same errors that have been made by many entrepreneurs before them. This workshop has three themes. * The key ingredients an entrepreneur needs to put together to create a successful business concept; * The common, and avoidable errors many entrepreneurs make, and how we can avoid making them; and * The Value Milestone Framework, which enables you to cross the finish line faster and with less expense. This DVD is a live recording of a workshop delivered by Dr. Richard G. Caro, given to an audience of life sciences entrepreneurs in Mexico City in 2006, as part of a National Innovation Competition, organized by Merck, Sharp and Dohme. Dr. Richard G. Caro, CEO of TangibleFuture, Inc., shares insights gained in 20+ years of working at the intersection of technology and business: as CEO of two startups, CTO of a third, angel investor, and advisor to numerous new business ventures in fields such as life sciences, communications, and cleantech.