Evaluating MedTech Companies: The 4 Pillars of Your Next Career Choice

On my way back and it been a great 36 hours. 

London, Boston and Miami….great stuff and spending time with phenomenal clients and some fantastic individuals in the work-place. 

We had some deep conversations about “next moves”.

Whether you are considering your next move in the near term or perhaps a few months from now, do your homework and refer to the 4 pillars. 

We spend more time at our job than we do with our loved ones and certainly more than in bed sleeping.

How much due diligence have you conducted in your career choices? 

You may want to consider the following as you take inventory of your future choices.

The 4 Pillars of Evaluating Your Next Career Choice

THE PRODUCT

Does the product make sense and is there a need for it in the space that it is in? 

Are you passionate about the product and its mission? 

Can you look forward and see it is something that you would likely be proud of?

THE MARKET

Is the market you are considering entering have legs? 

Is the product a commodity and does that play to your skills or should it be a disruptor and play to your skills?

Does the market itself make sense in the next 5 years of the space you are planning on committing to?

THE CULTURE

What is the vibe in the company? 

Who works there? 

Who do you know that you can network with and obtain some insight as to the esprit de corps?

Free lunches, bean bag chairs and game rooms don’t define a culture.

Cultures are personal to each individual's needs. 

Websites like Glass Door are garbage, and for the most part a platform for angry people who are motivated to crap on something that did not fit into their own plan. 

Ignore sites like that and do your own homework with your own North Star. Run the culture through your filter.

THE LEADERSHIP

Who is running the show? 

Who are the VP’s?

Look them up on LinkedIn. 

Where were the previously and what did they accomplish? 

Who do you know or who can you network with in order to have a solid decision on the company?

Use the tools that are currently in the public domain.

Due Diligence is Always Due

Performing due diligence is key. 

Most of us spend 40% of our lives from the ages of 21 to 65 in our jobs. Be patient and true to yourself. 

Always have urgency yet be prudent. 

Please spend more time on your career decisions than you do on picking your fantasy football team.

You will be happier, your loved ones will be happier, and you will have a better chance of being the best version of you that you can be.