Do you want a big piece of the donut hole or a small piece of the donut?
Apollo Endosurgery President & Chief Commercial Officer Dennis McWilliams shares his best advice for entrepreneurs
Austin, Texas – February 4, 2016 – We are excited to announce the release of the next video in our Advice from the TOP series. The video features Apollo Endosurgery President and Chief Commercial Officer Dennis McWilliams as he shares some of his best advice for entrepreneurs.
In the video McWilliams addresses the struggle many entrepreneurs face when it comes to the trade off between control and investor dollars. He explains the best advice is to ask yourself: do you want a big piece of the donut hole or a small piece of the donut? “I think it’s perspective on being realistic about what you need and what you do to build your company. I knew that capital was going to enable us to do great things at a much higher valuation at a faster rate and be successful.”
McWilliams is the President and Chief Commercial Officer of Apollo Endosurgery, a healthcare company dedicated to revolutionizing the treatment of obesity and other gastrointestinal disorders by developing less invasive solutions that allow patients to live healthier lives. Apollo was a company founded and incubated at PTV, and today is a global innovator pushing boundaries to bring new technologies and innovative products to markets in over 80 countries around the world. In 2015, Apollo announced FDA Approval of their ORBERA™ Intragastric Balloon, a non-surgical weight loss solution designed to assist adult patients suffering from obesity – with a body mass index (BMI) of 30 to 40 – in losing and maintaining weight loss. The approval marked a major milestone for the company which is the only pure-play bariatric weight loss company in operation today.
Advice from the TOP, PTV’s video series, features PTV CEOs and Senior Advisors as well as other industry thought leaders as they offer insight and advice to entrepreneurs in the healthcare industry and reflect on their experiences partnering with PTV. The entire series can be found on PTV’s website at www.ptvhc.com/resources/advice-from-the-top/.