When seeking startup funding, there's more work involved than just asking for money. Investors want to be confident that you can drive your product forward and be successful on the market and that comes with knowing the process of getting there, being prepared, and giving them the info they want to see. This is part 1 of 2 in a series that will give a brief overview of what you need to have a grasp of before going out and trying to get a pitch lined up.
Ever wanted to get advice from lots of medical device development experts or find out what mistakes they see over and over again?
Well, I asked, and have it here for you. While at this year's OCTANe Medical Device & Investor Forum in October, I collected audio from a VC investor, mechanical, software, firmware, electronic, and optical engineers along with strategy consultants.
Got an idea for a medical product and wondering how to get started and how to get funded? Find out in our new "Invention Idea to Profitable Product" program for FREE as a beta tester. Hurry as space is limited!
My guest Pat Flynn isn't in the medical device industry, he doesn't have a medical invention, but has extreme expertise at creating new businesses, products, and services around what people want. What did he do to make everything successful? Idea validation. Talking with people about what they want and need. Listen about his ideas that flopped when he didn't do this, and find out about his book that services as an idea validation guide.
Do you have an idea for a medical device? Apply here for FREE to beta test our new program where you'll learn what to do next + how to get funding.
When I was at the OCTANe Medical Device Investor Forum recently, I had the chance to interview several startups about their journey, what their technology is, and what advice they would give to someone just starting out. They're battling the rough waves of development but they get right back on their board when they fall off. I hope this inspires you to do the same and IMUA with your idea!
Take action! Sign up for FREE to beta test our new "Invention Idea to Profitable Product" program by visiting http://imua-services.com/iipp OR text the word "INVENTION" TO 44222