Here's a strange trend that I am seeing in orthopedic startups right now...
First time CEOs who are not equipped for the journey.
It turns out that many young professionals want to lead a startup. Often there is a sponsor who believes in the young individual. The sponsor may be the owner, or have financing clout, or may have board influence. The sponsor waves the magic wand and the novice professional is suddenly the CEO of a new startup.
Inexperienced CEOs are dangerous because they don't have the right skills. They haven't actually built anything. They haven't had to mak...