Ideamensch began the interview by asking Scott Rocklage about the inspiration behind his company. Scott Rocklage responded by saying that his business is a science and life based venture capital investment firm. It is important to point out that Scott Rocklage is a scientist and has an educational background in the sciences that also includes a Ph.D.
Mr. Rocklage also explained where the name for his venture capital firm, 5AM Ventures, came from. 5 A.M. is a very early time to rise from bed. His company, he says is in the practice of investing in and helping to form businesses. Dr. Rocklage thus thinks it is very appropriate to have a name such as 5AM Ventures because it connotes that his firm is involved in the early process of startups and businesses.
The next question asked of Scott Rocklage is how an average day unfolds for him and what he does to try and make it more productive for him. Scott Rocklage says he does not have a typical day at his company. He says that at times he spends days studying the science behind a new idea or company. Other times, he states that he is working on the company’s portfolio with the management team. In other times, Mr. Rocklage could be at board meetings or preparing meetings of his own to have with his colleagues.
Next, Ideamensch inquired how Scott Rocklage brings his ideas to life. Dr. Rocklages states that he works with entrepreneurs, typically physicians and scientists who have an idea or business proposal. He also sometimes works with business executives too. His goal, he says is to help them implement their ideas and turn their products into something real and concrete. Often times these new ideas or businesses involve the creation of new medicine that can help treat diseases or provide relief to people afflicted with a chronic illness and learn more about Scott.
Another question asked of Scott Rocklage was what are some habits of his that make him more productive as a businessman. Mr. Rocklage responded that is very effective at time management, he is very organized and he can priortize things very well. All of this helps him achieve his goals and help him to stay focused on tasks and Scott’s lacrosse camp.
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