Why choose to be an employee when you can start a company?
I get calls from Orthopedic pros who have come to a crossroad in their career.
I had another discussion with an orthopedic superstar today. These are deeply private conversations. It doesn’t really matter how they have arrived at this place, but they have arrived.
One day they wake up and:
admit that they have invested way too many years with a big Ortho company.
realize that the promise of the company that they once signed up for has dramatically changed.
discover that their equity has been diluted after numerous fundings.
find that the new management is no longer compatible with their values.
simply notice that they are not learning or being challenged
or find that they are caught up in a RIF or an Acquisition.
My advice is simple.
“Create your own startup company or consulting business.”
“You may not realize it, but you already have all the tools you need. You have quietly acquired a set of strong skills over the years. If you are not afraid of hard work, and you can offer a unique product or service that is useful to the industry, the funding is waiting for you. If needed, bring in a partner who complements your skills. Start working on your exit plan on nights and weekends. In the future, you will be able to control your own destiny and choose who you work with, who your customers are, and where you live. You will never look back.”
Many orthopedic friends have taken my advice and this makes me happy.