T.I.P.’s Technopreneurship Learning Series continues with Edison Manuel of Progyny
Edison Manuel, Filipino vice president of operations at Progyny, recently conducted the third session of the Technopreneurship Learning Series of the Technological Institute of the Philippines (T.I.P.) in a session held at T.I.P. Quezon City on February 16, 2016.
With experience in life science and medical devices for the last 20 years and 4 years in consumer electronics, Manuel carries extensive experience in operations from startup manufacturing into full commercial release, program management, factory integration and consolidation, strategic outsourcing, and key supplier partnerships. He currently lives in Silicon Valley and is VP of Operations at Progyny – the largest online marketplace of families seeking fertility solutions.
Manuel advised students to begin by going back to the basics and asking themselves the following questions: Do I continue to improve? Do I reduce cycle and lead time? Do I simplify processes? Do I reduce cost? According to Manuel, these questions will guide students in developing their own inventions and innovations. “If the answer is yes to all four questions, then you are doing the right thing. Remember that all four must be congruent. You cannot sacrifice one for the other three,” he said.
Looking back at his past experiences and learnings from different companies, Manuel oriented the students on supplier measurement, startup stages, outsourcing, and the importance of intellectual property or patents. Aside from learning about individual startups, students were also taught about the role of angel investors and venture capitalists in helping technopreneurs launch their companies and products to the market.
Manuel emphasized the importance of taking action and getting their ideas out there. “You can invent something, but if you don’t do anything about it then it becomes useless,” he said. He also added that as future technopreneurs, students should not only learn, but know about continuous process improvement. They should also try growing their network as early as now as this will benefit them in the long run.
“You decide who you want to be. Nothing is free. Success has no shortcuts,” Manuel concluded.