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Tips for Starting a Medical Technology and Healthcare Company Pete O’Heeron
Pete O’Heeronis the leader of SpinalCyte, which is a medical technology company that is committed to helping people suffering from degenerative disc disease. They focus on tissue engineering and cell therapy in order to help regrow spinal discs that have been damaged. Here are some tips if you’re looking to start your own medical technology or healthcare company.
Protect your ideas. This is the most important thing you can do at the beginning of your company or idea’s existence. The medical technology field is competitive, and if you don’t protect your ideas from other people, it could end up hurting you later down the line. When you come up with your idea, write it down and make note of the date. It would help to have a witness there that you can trust.
Decide whether or not you have a product or a company. These are two very different things, but when you’re forming the beginnings of an idea, it’s hard to make the distinction. If you have a product, you may not be able to sustain that idea or develop it far enough to start a company. If this is the case, you’re on an entirely different path than someone who wants to start a company.
Have a full understanding of the size of your market. Your idea may not be as original as you think, and there could be an already existing market in place that you can enter. This makes not underestimating the size of your market extremely important.
Pete O’Heeronknows that starting a medical technology company isn’t easy, and that the market is competitive. To know more about Pete O’Heeronvisit : https://www.facebook.com/pete.oheeron https://www.crunchbase.com/person/pete-o-heeron https://www.linkedin.com/in/pete-o-heeron-a4900613 https://twitter.com/peteoheeron https://www.behance.net/Pete_O_Heeron https://peteoheeron.wordpress.com/ http://smallbizbonfire.com/profile/PeteOHeeron