
What makes sports technology investible?
How do you strike a balance between passionate people and solid business experience in a sports tech startup?
When we interviewed Marlies Schijven (Professor of Surgery at Amsterdam UMC; Project Leader eHealth, Dutch Federation of Universities) we asked how tech companies and developers can be better at communicating with medical professionals or patients – in order to create the technologies that the health sector really needs.
Schijven answered:
“By reaching out early. Do not develop something and be surprised that your believed ‘golden egg’ is no such thing, or not something we’ve been waiting for indeed! Collaborate early to better understand each other’s interests and needs.”
It might seem obvious – but it’s a really important point. The tech industry is an exciting place to work, and it’s full of brilliantly passionate people. And that’s a great thing; but sometimes the drive to create the next new, life-changing product or service, or the pressure to stay competitive, can override the need for good research.
So if there’s one simple piece of advice that all developers should hear, it’s this:
If you’re developing technology for a particular sector, then talk to people working in that sector. Don’t make something and then ask if it’s useful. Make something in collaboration with the people who’ll use it. This isn’t just relevant for health tech – it’s relevant for all tech.
Professionals across a wide range of industries – particularly industries that are seeing a rapid transformation in tech-based processes – demonstrate resistance to new technologies.
For example:
If you’re a developer, the people who express resistance to cutting edge tech aren’t your enemies. Instead, they’re your most valuable critics. And so you should ask them questions, listen closely, and use their perspectives to shape your product development and marketing strategy.
If you’re developing a digital service for hoteliers, for example, then understanding exactly why they might dismiss it before they’ve even tried it will help you mitigate that resistance. Instead of making a product you think is great and then just using your marketing strategy to try to eliminate your customers’ objections, you can eliminate objections within your product development flow itself.
As Schijven advised, “Find and embrace well-meant criticism, as that will help you much more – although it may be difficult – than random applause. And then move forward together.”
If you can collaborate with your critics then you’ll be leaps ahead of competitors who wait until further along in the product cycle to understand who’s resistant, and why. So reach out early, be curious, and focus on who you’re trying to help.
How do you strike a balance between passionate people and solid business experience in a sports tech startup?
We explore how artificial intelligence can make education more inclusive for students of all abilities and backgrounds – with collaborative, adaptive, and personalised learning.
Discover recent investments in cloud technology, AI and automation, and robotics – key growth areas in retail tech.
How do you strike a balance between passionate people and solid business experience in a sports tech startup?
We explore how artificial intelligence can make education more inclusive for students of all abilities and backgrounds – with collaborative, adaptive, and personalised learning.
Discover recent investments in cloud technology, AI and automation, and robotics – key growth areas in retail tech.