Choosing the Right Business Growth Program: Incubators, Accelerators, and Navigators Explained Ep 101

Provider's Edge | Peak Performance Guide for Healthcare Entrepreneurs - A podcast by Sabrina Runbeck, MPH, MHS, PA-C, HealthTech Power Broker, Business Partnership Creator, Board Advisor - Wednesdays

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Have you ever wondered how healthcare technology startups transition from a fledgling idea to a full-fledged business powerhouse? Join us on today's episode as we explore the vital growth programs crucial for success in the fast-paced world of healthcare tech entrepreneurship. Packed with strategies and insights, we unravel how incubators, accelerators, and navigator programs can be instrumental in driving your venture from startup to scale-up!Here's what we covered:1. 🌱 Growth Stages in Health Tech - Understanding the startup, shape-up, stand-up, and scale-up phases for health tech ventures.2. 🚀 Incubators vs. Accelerators vs. Navigators - Exploring the differences and deciding which program suits your business's current needs.3. 🧭 Navigating with Navigators - Delving into the benefits of navigator programs like PulsePoint Path's comprehensive 12-point framework for established companies.4. 📈 Strategic Growth Hacking - Tailoring solutions for long-term profitability and industry impact in health tech.5. 🎯 Targeted Programs - How accelerators can propel early-stage startups by providing mentorship, funding, and a collaborative environment.6. 📊 Real-World Examples - Analyzing Postpoint Path's success with its navigator program to illustrate effective scaling strategies.7. 🤝 Diverse Boards - The transformative power of a diverse board of advisors in steering a company towards success.8. 🛠️ Tools for Success - The importance of strategic guidance and expert resources in overcoming growth plateaus.9. 📝 Business Development - How to choose the right support system based on the unique challenges of each business phase.🎧 Tune in now and let's embark on this transformative journey together. Your roadmap to success in healthcare technology awaits!Episode Timeline:[00:00:43] - The four phases of business development[00:01:58] - Overview of incubators, accelerators, and navigators[00:04:15] - Benefits and details of business incubators[00:08:34] - The structured nature of accelerator programs[00:14:02] - Roles of accelerators and navigators[00:20:02] - PulsePoint Paths Navigator Program Model[00:24:23] - Choosing the right growth program based on the specific needsListen 🔊to this episode now and Subscribe to the Provider’s Edge to never miss an episode❗🎧 SabrinaRunbeck.com/Podcast ------------------------------------------Rather read our episode's best highlights?For the visual learners, 📚 subscribe to our LinkedIn Newsletter where we summarize each episode into a 4-5 minutes blog for you.Click here to 🔔 subscribe: SabrinaRunbeck.com/LinkedInNewsletter------------------------------------------We love to hear your feedback. Send me a personal message on Linkedin.com/in/SabrinaRunbeck or share a post and tag me @SabrinaRunbeckLet me know how you like to uplevel your success!