Holly Scott’s Post

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Senior Partner at The Mullings Group | Global Medical Device & Life Sciences | Executive Search-Building Companies and Careers

It seems so simple. Identify the problem you are trying to solve, and create the solution. In reality, the life of an entrepreneur is anything but simple. Understanding the clinical market need and developing a potential solution is an important start, but there are so many facets to continued progress along this road. * How does your solution compare to the current standard of care? * Are we seeking less cost burden on the healthcare system? * Are clinical outcomes improved, and If so, to what economic gain? * Why should an investor have faith in you, or the team you have put in place? * What Is the potential road to revenue, and do we have the capital to get there? Most importantly, are you passionate enough, focused enough, committed enough to travel this road to the other side? Thanks to Clay Nolan, Entrepreneur and Founder/CEO of CoLabs, on sharing this point of introspection.

Darwin Shurig

Recruiter: Leadership for CMO, Clinical, RA/QA & Engineering Top Talent in the Medical Device, IVD, Pharma and C&GT Industry

10mo

I love this..... entrepreneurship is simple like Quantum Mechanics! I love the first question because one of the best "first" questions is: Is the problem worth solving? Clay asked all the right questions and has something that, I believe, is going to change the healthcare system dramatically and positively. Happy Holidays, my friend!

Maureen Shaffer

💥 Market Access + Message Strategy 🎯 Emerging Growth, Scaleup + Accelerator Startup CEO Advisor⚡️ U.S. Market Entry, Message Creation + Adoption Speaker 🎧 Message Engineer for the Medtech Startup Show Host 🎙️🎬

10mo

Yes! Thoroughly understanding and dissecting the true problem upfront across the POVs of the complex healthcare customer constellation–patient, providers, facilities, buyers, payers, caregivers–deeply, objectively, and on an continuously updating basis is the bedrock upon which a strong, successful startup is built.

Clay Nolan

Founder, CEO at CoLabs Medical, Inc.

10mo

Holly, I greatly appreciate you voicing everyone’s perspective and experiences on TECHTALKS. There is so much to learn from your guest and I am humbled to be one of them.

Ryan Blasko

Global Med Device Leader Building Companies and Careers at TMG

10mo

WOW. 5 definitive bullets on HOW to structure your thought process as a founder in MedTech and beyond. Powerful and factual. Outstanding insight Clay Nolan. I'll bet on CoLabs! #venturecapital #privateequity #startups

Bjarne Madsen Härdig

Head of the Research and Education dep., Helsingborg Hospital/ Associate Professor at Dep Clinical Science, Helsingborg

10mo

Great talk about a very exciting product, I have seen it in action. And as you say going from a clinical problem to a solution is a great way to improve things 👍👍

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Michelle T. O'Connor

Strategic Business Growth Advisor for Solo Medical Practices | Enhancing Profitability, Patient Satisfaction & Operational Efficiency | Paving the Way for Multi-Practitioner Expansion | Schedule Your Consultation

10mo

That's a very important point. Finding the problem before the solution. Not the other way around! Great pointers.

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