How Tactical Networking Can Increase Your Chances of Medtech Startup Success

In this playbook we highlight medtech innovators who have shared their insights on the keys to building and leveraging strategic networks to push boundaries and move the needle forward.

Key Lessons From This Playbook

• Get friendly with the FDA: Gaining regulatory approval is challenging, but those challenges are there for your product to reach its full potential. Building a positive and proactive relationship with the necessary parties can offer you vital learnings early on.
  
  

• Choose the right financial partners: Securing capital is not just about the funds but also about finding investors who are genuinely interested in your work. Be intentional about building enduring relationships with capital allocators who can offer wisdom, experience, and ongoing support.
  
  

• Focus on relevant voices: Streamline the input involved in your decision-making processes. By focusing on the core questions that matter most to your business, you can reduce noise and accelerate the impact of your initiatives.
  
  

• ‍Nurture and retain teams: Invest in the right people and keep them in-house if you can. Success in medtech often requires full-time dedication and uninterrupted attention. Building a robust and dedicated team enables you to iterate quickly and respond swiftly in the face of changing tides.