🚀 I help healthtech founders fast-track to their first million. 🚀 Healthtech Startup Growth Coach | GTM Strategist | Board Director | Fractional CMO 👉🏼 𝘿𝙈 𝙢𝙚 𝙩𝙤 𝙡𝙚𝙖𝙧𝙣 𝙢𝙤𝙧𝙚
𝗣𝗶𝘁𝗰𝗵𝗶𝗻𝗴 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗵𝗮𝘀 𝗻𝗲𝘃𝗲𝗿 𝗯𝗲𝗲𝗻 𝗮𝗻 𝗲𝗮𝘀𝘆 𝘁𝗮𝘀𝗸. That’s why, when developing your presentation, the most important thing to do is project 𝗰𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲 𝗮𝗻𝗱 𝘁𝗿𝘂𝘀𝘁 - so that you can motivate investors to take that risk. Some ways to build confidence and trust include: ✔️ Have a great solution ✔️ Bring well-developed plans to the table ✔️ Have a roadmap to where you want to land ✔️ Know how much it’s going to cost ✔️ Know who will pay that cost ✔️ Understand any and all regulatory paths ✔️ Will there be clinical trials? Ask yourself all the hard questions, put in the work, ❓ and come to the table prepared with the answers. 💡 𝗛𝗶𝗴𝗵 𝗾𝘂𝗮𝗹𝗶𝘁𝘆 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗮𝗿𝗲 𝗴𝗼𝗶𝗻𝗴 𝘁𝗼 𝗯𝗲 𝗹𝗼𝗼𝗸𝗶𝗻𝗴 𝗳𝗼𝗿 𝗵𝗶𝗴𝗵 𝗾𝘂𝗮𝗹𝗶𝘁𝘆 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗼𝗿𝘀 And that means being prepared to not only present the shiny object but to dive deeper into the nuts and bolts that will drive its success. 🔧 Have you had a successful product pitch? Take a minute to let us know in the comments below! ⤵ Access my full interview with ReWalk Robotics CEO, Larry Jasinski - click on the link in the comments! #coiq #podcast #healthtech #digitalhealth #startups #innovation #healthcare
Really insightful 🎙Dr Roxie Mooney, DBA - thanks for sharing this.
Love this 🎙Dr Roxie Mooney, DBA
Great advice. Pitching innovation within an existing firm takes the same effort. Being an intrapreneur and getting investment in a new business idea follows a similar path, however you also have the challenge of only a single investor to pitch to. I built an RPA business within a company and the biggest proof of concept was sold clients and closed revenue. If it is possible to bootstrap an idea all the way to early revenue the level of investment interest will be much greater. You still however have the risk that the investor won't commit to the level of funding needed for the velocity to really capture sufficient market share.
great clip to snag and share 🎙Dr Roxie Mooney, DBA thanks!
Fear of reimbursement - very interesting! It is so true! It all needs to be in the business plan.
nicely done 🎙Dr Roxie Mooney, DBA Thanks for sharing!
Very thorough. I'll have to check out the full interview.
I love it! Confidence and trust I couldn’t agree with you more 🎙Dr Roxie Mooney, DBA the book pitch anything is a classic as well in this arena!
Thank you for sharing, you're awesome!
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4yCouldn't agree more with this! Thank you for sharing.