Going from the first product concept to sales growth and acquisition in an ortho startup can be a long and difficult journey. A few milestones that must be crossed are:
Product concept
Product patent
Startup Hiring
Concept testing.
Fund raising
Product-market-fit
Financial system
FIM surgeries
Patents issued
Driving down COGs
System focused Hiring
Choosing the right suppliers.
Nailing your Marketing message
Quality System.
FDA clearance.
Surgeon training.
Piecing together a sales force.
Building inventory.
Passing FDA audits.
Winning VAC committee approvals.
Scaling focused Hiring.
Dou...