Edison Nation Medical Helps Unleash Your Inner Entrepreneur

September 28, 2014
3436 Views

According to Louis Foreman, CEO of Edison Nation Medical (ENM) everyone has great ideas, but not everyone wants to start a company.  In fact, he says only 11% of working people are entrepreneurs. The other 89%, for a variety of reasons, are risk averse – perhaps they have 5 kids to put through college or they don’t want to (or can’t) quit their jobs. People with good ideas to improve healthcare can bring them to ENM in any form – scribbled on the proverbial napkin or prototyped and patented. ENMs sweet spot is to fine tune the product and bring it to market. Louis says the business arrangement is a 50-50 split of royalties between the inventor and ENM – perhaps not that bad considering how much dilution takes place over the course of an entrepreneurial company’s early life. Watch the video to learn more about ENM and to see a couple of examples of products they helped hone.

Read more here:
http://www.thedoctorweighsin.com/edison-nation-medical-helps-unleash-inner-entrepreneur/

This video is under BY-ND creative commons.

1 Comments

  1. Pingback: What's Hot on Hatch? The 6 Most Watched Videos -

Leave A Comment