There are two main healthcare business models:
- Improving outcomes
- Infrastructure
Leave infrastructure to somebody else.
[This article is part of the Innovation Snippets series]
Healthcare products
Solving a real clinical need is the best product fit in healthcare.
[This article is part of the Innovation Snippets series]
Company building
Building a company is building a machine which turns processes into sales.
[This article is part of the Innovation Snippets series]
Sell more
Sell more. It’s the fastest way to increase income. This is far easier to achieve than operational efficiencies and tax optimisations.
[This article is part of the Innovation Snippets series]
Hiring 2.0
Ask the candidate their primary motivation early on. You need to understand this.
What are you offering to them?
- Career advancement
- Personal goals
- Vision
- Mission
Delay hiring as long as possible. Outsource instead, it teaches discipline and is considerably better for your burn rate.
Make one person responsible for the process.
Put processes in place.
[This article is part of the Innovation Snippets series]