I see trends. Some are obvious. Others are not.
The shrinking startup is really happening today, but it is subtle.
Because of the relentless force of technology, its takes less people to generate the same about of sales in a company each year. Exhibit A is the number of workers needed to generate $1M in sales in the S&P 500 over time. The same thing is happening in ortho... just latter.
The Premise:
The structure and agility of emerging orthopedic companies are on the brink of a major shift. This transformation isn’t driven by traditional factors like funding or innovation alone, but by the ability to bring new products to market faster and with fewer full-time employees (W2s).
Why is This Happening ?
Today, the smart emerging orthopedic companies are leveraging operating efficiencies in five key areas:
External ExpertsSpecialized 1099 consultants across various fields such as R&D, patents, prototyping, testing, wet labs, and regulatory affairs can be brought in for specific tasks, delivering high-value work and then stepping aside. In late 2024, there is a significant pool of highly skilled orthopedic experts available at competitive rates, making this model even more ...
