The Power of Perseverance - An Interview with Stuart Moran, Founder of Reveel. "The journey has been wrought with strife and success".
Stuart Moran has taken deep-rooted experience in the medical device industry, stemming back generations, and transformed it into a start-up that is causing shockwaves throughout the world of surgical instruments. How did he succeed in taking his passion and achieving a major breakthrough in an industry dominated by large-scale corporations? The journey has been wrought with strife and success.
Moran has been in handheld laparoscopic (minimal invasive surgery) instruments for his whole working life: He founded Surgical Innovations in the mid 90’s with his father, a surgeon, where they developed Endo Flex, a precursor to his current project, REVEEL. Both devices are liver retractors, the latter of which takes advantage of a unique non-slip design to securely hold the liver in place for ease of surgery on the stomach.
Moran established Retraction with funding from the Hong Kong government and private investors; he utilised connections from working in the US and Hong Kong and undertook the exigent challenge of running a medical device start-up.
What you will learn from this article:
1. Why is Hong Kong a great place to do business?
2. What obstacles have come up along the way?
3. How was this business plan a turning point for you?
4. This is part of the start-up experience, isn’t it? Dealing with rejection must be tough?
5. Pitching must be a fundamental skill as well?
6. Focusing more on the product, how do you feel about accounting?
7. What is your top tip for budding entrepreneurs?
8. How much comes downs to keeping investors happy?
9. How do you train people in such a niche field?
