Learn to dominate niche orthopedic markets, create lasting value, and build a monopoly for startup success, ignoring traditional competition.
This past year, orthopedic medical device startups have faced a critical challenge: entering a highly competitive space dominated by established players with little room for differentiation. However, the key to success for these startups is not to play by the traditional rules of hyper-competition but to find and own a monopoly space that offers unique value and longevity in the marketplace.
The idea of avoiding competition may sound counterintuitive. ...