Wednesday, September 11, 2013

A key requirement to building any great business

Not just healthcare (TechCrunch):

She said (healthcare) startups (in particular) need to give equal thought to doing good as they do to developing their business goals.

“Certainly investors are investing to make money. It’s in their business model,” Tecco said. “The best way to ensure that they’re investing in breakthrough ideas is to align margin and mission. Find a business model where the more money you make, the more good you’re doing. If you can tie those, if you can make money on improving outcomes, everybody wins.”

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