Mark Forchette (OptiMedica) - Live for the Future and Survive Success

Entrepreneurial Thought Leaders (ETL)

Stanford eCorner

Journey, Startups, Education, Stanford, Culture, Strategy, Stanford University, Entrepreneurship, Business, Life Lessons, Thought Leadership, Creativity, Etl, Challenges, Leadership, Innovation, Founders

4.4 • 739 Ratings

🗓️ 16 February 2011

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

As CEO of OptiMedica, Mark Forchette guides the company's continuing efforts to successfully deliver innovative medical technologies to market. In this lecture, he shares entrepreneurial lessons learned throughout his career, and discusses the importance of setting objectives and executing tactical plans. Forchette also touches upon the value of thorough preparation and overcoming early failures.

Transcript

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0:00.0	You are listening to the DFJ Entrepreneurial Thought Leaders series, brought you weekly by the Stanford Technology Ventures Program.
0:10.0	You can find podcasts and videos of these lectures online at eChorner.standford.edu.
0:16.0	So today, we have a guy who has a love of music like I do.
0:22.9	He plays a wicked guitar.
0:24.3	I'm not sure he brought the guitar.
0:25.6	He did bring the music.
0:27.3	But he is CEO of a very important company, Optumetica.
0:32.6	Why do I say important and compelling company?
0:35.0	It was founded by the chairman of the ophthalmology department here at the
0:39.7	School of Medicine at Stanford University, Mark Blumencrans. Mark sadly cannot join us today
0:45.6	because he's at a conference in Florida being a professor and thought leader in the technologies
0:52.5	and science of this. But he was, he and his board
0:57.1	recruited this mark for Shet to join them as CEO from after a long history of
1:05.7	being at Alcorn and Alcon Alcon Alcon. Alcon, excuse me, tongue tw tongue twister Alcon and you can see I'm not a medical
1:15.5	science person myself Alcon but a long history that's a major pharma company so he came out from
1:22.1	the south where he went to Auburn and joined the company recently he's going to tell us all about that and tell
1:28.3	us about medical devices. So let's welcome Mark to Stanford University.
1:32.3	Thanks. Tom, thank you. Thanks. Good afternoon, Stanford. How are you guys doing?
1:39.3	So let me, number one, let me begin by thanking Tom for that introduction.
1:45.2	And, you know, I got to meet Tom in 2007 because his brother, Brooke Byers, is the chairman of our board in Optimica.
1:52.7	So I met him that way.
1:54.2	But also met him through the Mayfield Fellows program.
	...

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