The Eric Lefkofsky Business Plan

The name Eric Lefkofsky may not be a household name, but he is the business strategist behind Groupon, an American worldwide e-commerce marketplace. Although Groupon is the most recognizable, Eric has found similar success with Innerworkings, a marketing firm serving Fortune 500 brands, and Echo Global Logistics, a provider of technology-enabled transportation and supply chain management services. Collectively, these business endeavors have earned Eric Lefkofsky an estimated $1.79 billion over the years, making him one of the most enterprising businessmen in the e-commerce industry and Eric’s lacrosse camp.

Not one to rest on his laurels and recognizing an untapped technology niche in the medical industry; Eric launched Tempus, which is a biotechnology company in Chicago, IL. The Tempus business model is predicated on establishing congruency between technology and medicine; Eric recognized that although physicians were capable of collecting voluminous amounts of patient data, they did not have the necessary means for analyzing it. Tempus’ goal is to create a genomic cancer library, which will allow physicians to compare and analyze the DNA of varying patients. How does this benefit the medical industry? It enables physicians to identify similarities in the genetic profiles of their patients, and these similarities will enable physicians to prescribe a course of therapy with proven efficacy among patients with similar genetic profiles. In layman’s terms, physicians will have immediate access to a library of patient data, and this data aids them in prescribing the best treatment options for patients afflicted with similar cancers and more information click here.

Eric Lefkofsky is by no means a novice when it comes to bridging humanitarian efforts and business. In 2006 Eric, along with his wife Liz, established the Lefkofsky family foundation, which supports charitable, scientific, and educational organizations worldwide. Through this foundation, he and his wife have donated $1 million to the Robert H. Lurie Comprehensive Cancer Center of Northwestern University, which is in addition to the $500,000 donated to support immunotherapy for gastric cancer research at Stanford University. Eric’s involvement in cancer research is quite evident; it’s proven not only by his charitable donations but by creating a business that is sure to revolutionize the way physicians access and analyze data and learn more about Eric.

More visit: www.forbes.com/profile/eric-lefkofsky