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Eric Deal bounces back from a startup shutdown to establish Cyclic DesignThe Entrepreneurial Engineer - Sean MurphyDec. 21, 2010 |
I met Eric Deal, president of Cylic Design, through the IEEE Consulting Network of Silicon Valley and was impressed by his energy and enthusiasm in bouncing back from one failed startup to begin a second one.
The ongoing recession is encouraging a number of engineers to be more entrepreneurial. I think entrepreneurial engineers will find Eric's answers insightful. His approach to establishing Cyclic Design as a successful IP company had three key components:
- He built on his two decades of design expertise.
- He leveraged his knowledge of trends in the solid state drive (SSD) market.
- He reframed the problems the recession was causing his prospects as an opportunity he could focus on.
What follows is an edited transcript of our interaction with links added for context.
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