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"I see myself as a player coach. I really try to do what I can to be in the trenches as much as I can. I'm out on the field."
In the final part of our conversation with Michael Paliotti, we delve into his extensive experience in biotech sales and leadership. Michael shares insights on the nuances of working with different types of clients, from academia to large pharma and emerging biotech companies. He discusses his transition into management during the COVID-19 pandemic and his approach to leading and developing his team.
Michael's leadership philosophy emphasizes building strong relationships, both with clients and team members. He stresses the importance of empathy, trust, and removing barriers for his team to succeed. His approach to management is rooted in his own experiences as a sales representative, allowing him to relate to his team's challenges and provide meaningful support.
Key topics covered:
- Tailoring sales approaches for different client types: academia, large pharma, and emerging biotech
- Transitioning from individual contributor to team manager during the pandemic
- Leadership philosophy focused on relationship-building and empathy
- Developing and retaining talent in a competitive industry
- Long-term career aspirations and the importance of mentorship in biotech
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Timestamps:
00:00 Intro
02:11 Differences in working with academia, large pharma, and small biotechs
06:52 Impact of white glove service on emerging companies
09:25 The interconnected nature of the biotech ecosystem
12:26 Transitioning from individual contributor to team manager
18:09 Leadership philosophy and approach to managing a team
23:23 Long-term mindset and developing institutional knowledge
25:17 Shoutouts to supporters along the way
27:10 Advice to 21-year-old self
28:27 Outro
The Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.