Fit Rich Life Ramji Srinivasan: A Startup CEO on Investment Banking, Business School, Tech, Medical Incentives & Entrepreneurship | Episode 32
Ramji was the CEO of Counsyl, a genetic screening biotech company, from 2007-2018 before the company underwent a successful acquisition. He then went on to co-found another biotech company, Teiko.bio. Ramji shares his journey of dropping out of the MBA program at Stanford to pursue a career in startups, inspired by Paul Graham's book "Hackers and Painters." He reflects on the importance of leading from the front, making use of one's team, and pricing according to one's value. He also provides advice for entrepreneurs and innovators, including the need for mentors, coaches and domain expertise for a CEO in order to determine customer needs and build a successful team.
What you will learn in this episode:
- Should you go to Business School
- Should you get into Investment Banking, Consulting or Tech
- Avoiding the “Chasing Prestige Trap”
- The importance of working with the right team
- What expertise is needed to be a CEO
- Understanding the customer need
- Top leadership skills to learn
- Ideas for creating better medical incentives
- Guidance for getting into entrepreneurship
Connect with Ramji on LinkedIn or Twitter.
Website: teiko.bio
Key Quotes:
“The paying customer is truth.” - Ramji Srinivasan
“If you fast-forward 20 years, are you okay with the outcome?” - Ramji Srinivasan
“There is an iterative process & a learning process to startups.” - Ramji Srinivasan
Resources:
Hackers and Painters by Paul Graham
Man’s Search for Meaning by Victor Frankl
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