Milton Chang is managing director of Incubic llc. He is the author of Toward Entrepreneurship (www.miltonchang.com), writes a monthly column for the Laser Focus World and spend his time mentoring entrepreneurs. He was president of Newport and New Focus and is currently director of Aurrion and MBio Diagnostics. He is a trustee of the California Institute of Technology and a member of the SEC Advisory Committee on Small and Emerging Companies. He has served on Visiting Committee on Advanced Technology of the National Institute of Standards and Technology and the authoring committee of the National Academies’ Optics and Photonics: Essential Technologies for Our Nation. Chang is past president of the IEEE Photonics Society and the Laser Institute of America, and is fellow of IEEE, LIA, and the Optical Society of America.