Hawaiian born and bred Hoala Greevy talks story with Meghan Alonso on how how he celebrated startup growth by giving then got a gift from one of Hawaii’s angel investors. Also. listen to his entrepreneurial journey and how he stumbled into healthcare…. all the way from designing a game app!
When you’re a startup seeking funding in the medtech or biotech field, RESI is the place to be for early stage investment. Meghan Alonso was onsite talking with startups, attendees, and capturing bits of audio from the conference to bring to you. Be sure to catch the next conference live in Toronto on April 4.
It’s that time of year that 35,000 medtech and biotech heads descend upon Union Square in San Francisco. Listen up for what’s happening this year and tips to take it all in and survive…. plus, you can download your own guide to keep with you HERE
Thanks to all of you listeners for supporting the growth of Imua Services. We’ve been able to do quite a bit because of your support and we’ve helped several entrepreneurs and startups in medical product development with everything from idea validation to pitching to connecting with investors to matching with development partners. It’s so exciting to see all the technology that ya’ll are working on! Keep it up and listen here to find out about what’s happening in 2017.
Did you miss one of the best medical device and medtech conferences of the year? The DeviceTalks West conference took place on December 12 in Irvine and covered a review of 2016, what medtech will look like in 2025, what startups today need to be doing to prepare for tomorrow, some changes in the legal arena, and how to build your company now so you’re more legally prepared later on. Listen to catch the details.
- What to expect in this episode [1:09]
- Overview of the conference highlights and topics [1:56]
- Patient driven health care [5:16]
- The rise of augmented reality [7:21]
- Fail fast [8:56]
- Startups should be smart with their cash [10:38]
- Interoperability challenges [14:02]
- Workshop topics: Mergers and acquisitions, Intellectual properties [18:14]
Reggie Swift has helped several companies develop their products as an engineer and became inspired to change the world with some of his own ideas. He’s working hard on them when he has the time (in addition to his other job) and is feeling the pains and joys that come with being an entrepreneur. Listen to some of the things he’s overcome and what fires him up every morning to keep working hard and pushing forward with the spirit of Imua!
- A brief introduction to today’s guest [1:09]
- Recouping strategy [6:14]
- Tips to get your idea into fruition [7:50]
- The most difficult part of Reggie’s journey [10:01]
- Tips you need to know about grants [12:24]
- Self educating yourself while putting up your company [13:45]
- Market research surprises [17:02]
- Final tip from Reggie [19:18]
Over appetizers, Dan Golka and I chat about his upcoming conference, MedTech Monday, as well as his website MedTech Directory. The conversation drifts into some marketing strategy in how startups can leverage social media so listen up there.
- Let’s get to know Dan Golka [3:20]
- The thing that Dan is most excited about [5:51]
- If your company has a viable technology, you might just be a good fit to present at Dan’s event [7:14]
- Pay attention to social media [8:58]
- It’s not the followers, it’s the engagement [11:47]
- Dan’s business secret – that works [15:39]
- What to look forward at MedTech Monday [18:00]
- Registration procedures [20:11]
- Get your discount code [21:58]
Getting startup funding for your medical product can be full of stormy waves. Listen up to find out what goes in to a winning pitch and what investors want to see.
When seeking startup funding, you need to have a solid business structure, business strategy, and pitch. Today we dive into these details to build on part 1 (in episode 36). If you didn’t listen to part 1, you should…and it’s the process of what it takes to get your product to market from ideation to launch and covers what needs to be done in marketing to regulatory to engineering to sales.
Want to know more? Click here to get $750 off Invention Idea to Profitable Product when it re-launches in January.
- Shoutout to Brian Johnson [3:11]
- Why doing it solo is unrealistic and why a team is better [5:08]
- The importance of an advisory board [6:27]
- Are you talking to the right investors? [9:57]
- How to use your presentation pitch to connect with your audience[10:56]
- Practice public speaking [12:26]
- Be a passionate storyteller [14:11]
- Why YOU? [14:52]
- Quick reminder [17:31]
Ever wanted to get advice from lots of medical device development experts or find out what mistakes they see over and over again?
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.
Want to know more? Apply for 1 of our 10 beta tester spots in our new program, Invention Idea to Profitable Product here.
- Belated happy thanksgiving [0:36 ]
- Why getting your funding is not just about your pitch [1:02]
- Is your idea or technology what the market needs and wants [4:53]
- The stages of development [6:57]
- How to get where you want to go [10:13]
- Intellectual property [11:12]
- Engineering, design, and prototyping [12:24]
- Clinical and regulatory [13:58]
- Usability and human factors – why your invention ought to be intuitive [15:33]
- Manufacturing process [18:43]
- Sales – crafting the sales strategy [19:15]