The Healthtech Podcast #395 Dr Laura Tan from Avid: Quick Tips for Entrepreneurs
Apr 13, 2025
Dr. Laura Tan shares invaluable insights for entrepreneurs in the health tech sector. She emphasizes the need for speed and alignment in startups, highlighting the CEO's role in promoting autonomy and communication. Effective hiring and goal-setting play crucial roles in organizational success, contrasting monetary targets with visionary goals. Additionally, she discusses the delicate balance of collaboration and control in small teams, stressing the importance of prioritization and clear communication as the team grows.
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Optimize for Speed and Alignment
- In startups, prioritize speed and align your team towards a clear North Star goal.
- Empower your team with autonomy and ownership to solve problems efficiently.
Collaborative Goal Setting
- When hiring, co-develop goals with your team members, leveraging their domain expertise.
- This collaborative approach ensures alignment and allows for deep communication within the startup.
Balancing Oversight and Autonomy
- While giving team members ownership, maintain appropriate oversight without excessive involvement.
- This balance enables autonomy while ensuring alignment with the overall goals.