Intellectual property can often be challenging and expensive for startups and inventors. I share 5 tips that will help shape development and strategy to secure funding and lead to a successful launch. Got an idea for a medical product? I've got a program that will be in beta soon and you have the opportunity to BE IN THE PROGRAM FOR FREE as a tester. You'll learn about the development process, what investors look for, and how to nail your pitch. To stay updated, visit imua-services.com/iipp or text the word "invention" to 44222.
Turning a medical invention into a real product takes some guts, some grit, and a whole lot of determination. How can you motivate yourself to keep going? Is this the right choice for you? How far should you go? These are common questions and today I dive in on some personality traits needed to withstand all of the rough waves. Do you have an idea of your own? I'd love to help you FOR FREE! Become one of our beta testers in our new "Invention Idea to Profitable Product" program. Visit imua-services.com/iipp or text the word "invention" to 44222 to sign up.
In this episode I sit down with Amanda and Nicholas Bayerle to discuss:
In this episode Chris Deardorff and Megan get down to the business of business. They explore the true meaning of marketing, where it can (and isn’t) being implemented by companies, and jump into the “Three Truths about Marketing.”
In this episode I sit down with a 26 year old bodybuilder who wears an artificial heart while working out.
In this episode, we flip the script and I have Laura Petersen interview me to discuss
the top mistakes people make in medical product development and my personal journey in the space.
Meghan's personal history with medical devices [2:55]
Why she felt prepared to get her eye removed [8:49]
Why she has a medical device installed in her hip [12:16]
How she performed as a gymnast all through college [21:08]
How she got started with product development [22:35]
What she does at IMUA Services [27:37]
The top 5 mistakes people make in medical device development [30:07]
The Five Most Common Medical Device Development Wipeouts
1. Not conducting market research
2. Taking the wrong regulatory path
3. Infringing on another company's patent
4. Ignoring formative usability studies
5. Setting unrealistic development timelines and cost
In today's show I sit down with Partha Unnava from Better Walk to talk about:
In this episode I sit down with John and Jenn Zeis from Toolbox Medical Innovations to discuss:
Kevin Harrington is an entrepreneur, author, and business executive known as the '5 Billion Dollar Man'. In this episode I sit down with Kevin to talk about all things 'pitching'. We discuss the number one mistake he sees entrepreneurs make, one of the worst pitches he's ever seen, and how Mark Zuckerberg approached raising money.
In this episode I sit down with my father, Ed Flynn, to discuss his career in the Navy, his knee surgeries, his knee replacement, and how medical devices have impacted his life.
Dr. John Alderete is a father, a violinist, a microbiologist, and an entrepreneur. In this episode I sit down with him to discuss his experiences in the diagnostics device industry, what he would do differently today, and why he cares so much about music.
In this episode I sit down with Al Alonso to discuss the biggest mistakes he deals with in the industry, what he would say to someone new to the industry, and how to do a gap assessment.
In this episode I sit down with Lauren Nygard to discuss her struggle with type 1 diabetes, her experiences with various glucose monitors, and what she would change about her current insulin device.
In this episode I sit down to announce the winner of my recent contest, what it’s like collaborating on a book with Kevin Harrington, and how you and I can work together.
Connect + Show Notes:
In this episode I sit down with Dr. Art Erdman to talk about his background in engineering, how 3D printing helps research, and how to navigation the development and innovation process.
In this episode I sit down with Dominick Sirianni and Jan Peuquet to talk about Jan’s recent struggle with Cardiomyopathy and how an LVAD device saved her life.
In this episode I sit down with Dr. Romina Ghassemi to talk about her work in chiropractic, how she invented the BAX-U posture support system, and what you should consider when developing a medical device.
In this episode I give you a quick recap of what happened at this year's 10X medical device conference.
Register for Device Talks (use Code: IMUA)
“Medical devices are all about the data.”
In this episode I sit down with Aaron Call from MediCoventures to discuss his company, their process to taking a new medical device product out of the ideation stage, and why product market fit is so important.
Quote: "We want to help you develop something that is better than your original idea." - Aaron Call
In this episode I sit down with Brian Buss from Nevium to talk about intellectual property (IP), how to put together an IP portfolio, and why it’s important to act like a monopoly.
“The majority of the value you are going to create will be your intellectual property. “ - Brian Buss
In this episode I sit down with Karen Greene from Life Pack Labs to talk about an often overlooked step in development, medical device packaging. We talk about steps that can save you time and money to market, and why you should consider your packaging from the very beginning of your project.
“Your packaging is really a part of the product itself.” - Karen Greene
In this episode I sit down with Brian Johnson from MassDevice.com to talk about the creation of his business, how he entered the MedTech industry, and why he feels so passionate about the work that this industry is doing.
Get your ticket to DeviceTalks Live in Minnesota and use the code IMUA for a discount.
“Sooner or later everybody needs a medical device.” - Brian Johnson
In this episode I sit down with Jon Speer from greenlight.guru and we dive deep into some of the big issues plaguing the medical device industry and why his company is essential to getting and staying on the FDA's good side.
“Good design control is good business sense.” - Jon Speer
In this episode I sit down with Brandon T. Adams who is the author and founder of Keys to the Crowd. Brandon leaves it all on the table sharing his story from watching his dad sell ice as a child to launching his first successful Kickstarter campaign, then most recently raising a whoppin' $453,000 for a client.
"Doing things that scare you is how you get better" - Brandon T. Adams