#MedicalDevice #DigitalHealth #Consultant | #Strategy, #Commercialization & #Leadership | Serving #Startups & #Investors | @JamesBell479 #MedicalDeviceGuru
Bentonville, AR
Joined May 2016
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Medical Device Guru LLC retweeted
Another way to look at it is instead of focusing on Perfection, look into Experimental Revenue Rate (ERR). Its where real magic happens.
It represents the revenue you generate from taking risks, trying new things and pushing boundaries of what's possible rather than constantly trying for perfection.
Example: Take a look at Airbnb, they took the risk of expanding beyond just accommodations and introducing experiences - unique activities hosted by locals. They didn't stick to perfecting accommodations.
This experiment paid off big time for them, opening up whole new revenue stream enhancing the overall user experience.
All startup founders are obsessed with perfection nothing wrong about it, it drives them and their team crazy and the outcome is delaying the deliverables.
The only exception is if your product is designed for MARS, in which case it must be absolutely perfect. :)
Medical Device Guru LLC retweeted
Your startup will never be perfect and that's okay because your main job as a founder is to just improve a little every day.
Perfection is an impossible goal and chasing it can hold you back. Instead, focus on incremental progress.
Every small improvement, every tweak, and every adjustment adds up over time. Think of it as a journey of continuous growth.
Whether it's a bug fix, a customer success story, or a minor feature enhancement, each step forward is progress.
As Reid Hoffman said, "If you are not embarrassed by the first version of your product, you've launched too late."
Keep pushing forward, learning from mistakes, getting a little bit better all the time, and refining your product or service.
Focus on improving not being perfect.
Medical Device Guru LLC retweeted
The problem with advice from “experts” & famous entrepreneurs is it's extrapolated from limited experience, and founders treat it as gospel without questioning the source.
Even good advice can be bad when it constrains your thinking.
So, take most advice with a grain of salt.
Medical Device Guru LLC retweeted
Sam Altman said something 10 months ago that’s still on my mind:
“I feel so bad about the advice I gave while running YC.”
OpenAI, Airbnb, and more would’ve failed if they followed that advice.
Here’s how startup advice is killing founder ambition:
Medical Device Guru LLC retweeted
In part 3 of #BentonvilleBeacon's 2024 Fuel #HealthTech Accelerator series, TapRoot CEO, Scarlett Spring, shares the warm welcome this year's cohort received from #Bentonville's community. Tune in! bentonvilleeconomicdevelopme…
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#becausebentonville @greaterbville @JamesBell479
Medical Device Guru LLC retweeted
Part 3 of this year's Fuel #HealthTech Accelerator series features CEO of @dart_health, Brian Sage, discussing how #Bentonville's community balances work and play. Check out The #BentonvilleBeacon today! bentonvilleeconomicdevelopme…
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#becausebentonville @greaterbville @JamesBell479
Medical Device Guru LLC retweeted
Don't sit around and admire problems. Do something about them. Get up. Innovate. Start up. Make it happen. – at Bentonville, AR
Medical Device Guru LLC retweeted
On this week's #BentonvilleBeacon, @canemarkan & Quinn Robertson of @endeavor_nwa share the @endeavor_global approach to supporting #startups + the evolution of #Bentonville's entrepreneurial ecosystem. bentonvilleeconomicdevelopme…
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#podcast #becausebentonville #nwark @greaterbville
Medical Device Guru LLC retweeted
Part 2 of #BentonvilleBeacon's Fuel HealthTech series features Erin Keyes, CEO at @telegenixx, who shares how Bentonville's entrepreneurial ecosystem provides a network advocating for innovation. Tune in! bentonvilleeconomicdevelopme…
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#becausebentonville @greaterbville @JamesBell479
Medical Device Guru LLC retweeted
Quinn Robertson of @endeavor_nwa, shares the advantages of #entrepreneurship in #Bentonville + how #412Angels is increasing the number of local #angelinvestors. Full #BentonvilleBeacon interview!
bentonvilleeconomicdevelopme…
#podcast #bentonvillebeacon @endeavor_global @greaterbville
Medical Device Guru LLC retweeted
Excited to share a recent @BvilleEconDev podcast by @JamesBell479 featuring @startup_junkie @ Fuel HealthTech Accelerator program cohort companies, including a @QuickTakeHealth interview.
youtu.be/2s5sBuIf6t4?si=JJf1…
#BentonvilleBecon #FuelAccelerator #Bentonville
Medical Device Guru LLC retweeted
Part 2 of The #BentonvilleBeacon Fuel HealthTech series features Bechara Saab, CEO at Mobio Interactive, who shares how Bentonville's enthusiasm for innovation has supported this year's cohort. Tune in! bentonvilleeconomicdevelopme…
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#becausebentonville @greaterbville @JamesBell479
Medical Device Guru LLC retweeted
This week, member of the 2024 Fuel HealthTech Cohort + CEO at Inherent Biosciences, Andy Olson, discusses how Bentonville's willingness to help heightens the Fuel experience. Click here! bentonvilleeconomicdevelopme…
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#bentonvillebeacon #becausebentonville @greaterbville @JamesBell479
Medical Device Guru LLC retweeted
This week kicks off #BentonvilleBeacon's 2024 Fuel for Your Health Accelerator series! Tyler Zanon, CEO of EndoShunt Medical, shares how #Bentonville's welcomed him into the entrepreneurial fold. Tune in! bentonvilleeconomicdevelopme…
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#becausebentonville @greaterbville @JamesBell479
Medical Device Guru LLC retweeted
Northwest Arkansas, Louisville and New Orleans are emerging as America's new innovation hotspots, as measured by the change in utility patents granted over time per 100,000 residents.
#NWArk
axios.com/2024/03/28/america…
Don't sit around and admire problems. Do something about them. Get up. Innovate. Start up. Make it happen. – at Bentonville, AR
Hey @elonmusk - We just blocked about 30 most recent followers. Not 30 of... the most 30 in-a-row. They were all fake. Has Twitter decided not to manage this garbage?
Medical Device Guru LLC retweeted
Check out the #BentonvilleBeacon to hear how community leaders, business executives + passionate entrepreneurs are helping make #Bentonville the best version of itself, where everybody belongs. Tune in now! bentonvilleeconomicdevelopme…
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#podcast #becausebentonville #youbelonghere
