
Venture: Scott Huennekens on The Worst Deals of His Career and What Medtech Leaders Can Learn from them
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Every leader has scars from bad decisions. Scott Huennekens, medtech’s “GOAT operator” and board veteran, shares the toughest lessons from his career, including the worst deals he ever made.
We cover the six pack of mistakes, why culture and fit matter more than numbers, and how these failures shaped his approach to leadership, boards, and building value.
Episode Breakdown:
00:00 – Opening: why failure stories matter more than success stories
01:12 – Introducing Scott Huennekens and his track record in medtech
03:05 – The six pack of mistakes leaders repeat
05:18 – Lesson one: falling in love with the technology, not the team
07:42 – Lesson two: underestimating how long reimbursement takes
10:03 – Lesson three: chasing markets too early
13:20 – The five worst deals Scott ever made
17:11 – Case one: wrong founder, wrong fit
20:34 – Case two: technology ahead of its time
23:40 – Case three: too much money raised, no discipline
27:28 – Case four: ignoring culture red flags
32:00 – Case five: strategic partnerships gone wrong
37:41 – Why great boards matter in preventing bad decisions
42:15 – How humility and honesty shape leadership
46:54 – Advice for founders on picking investors and partners
49:38 – Final thoughts: learning from scars, not slides
Are you a medtech CEO in need of some marketing help attracting investors, growing sales pipeline, and more? Go to GrowMyMedtech.com to book time for a free analysis.
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