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Charting the Course from Idea to Product with Yoni Solutions CEO Virginia Franco
Manage episode 353451952 series 3314624
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In this episode, Bethany Corbin and Virginia Franco discuss:
- Why it is important to be humble and ask for help
- Why you should follow quality standards from the beginning
- How to inspire people to push back against stigma
- How to manage the push and pull between regulation and innovation
Key Takeaways:
- You must allow yourself to ask for help. It’s important to be humble and to trust people. Treat each member as a part of the body of the product, it’ll be hard to live if one part doesn’t trust the other. You can’t know everything about the industry, you need to surround yourself with experts that you can trust.
- If your company is not following proper quality standards, from the beginning, implementing them later becomes impossible. Launching your product as a wellness tool will prevent it from becoming a real diagnostic or medical device.
- It has to be a part of every FemTech company to be creating initiatives that will inspire people to push back against taboos and stigma. Companies will need to collaborate with their target user base in order for their technology to grow and evolve.
- There is a bit of a push and pull between innovation and regulation. Regulation is very important as it ensures that customers will not be harmed, but at the same time, when regulation becomes unnecessarily excessive, it could impede the progress of innovation.
“Believe in your product and believe in the partners you bring. They will be the brain, heart, and legs of your product. It is difficult to live if you cannot trust some parts of your body, you will struggle more.” - Virginia Franco
Learn More:
LinkedIn: https://www.linkedin.com/in/virg%C3%ADnia-franco-14848216a/
Yoni Solutions Website: https://www.yonisolutions.com/
Yoni Solutions LinkedIn: https://www.linkedin.com/company/yoni-solutions/
Connect with Bethany Corbin:
Website: https://nixongwiltlaw.com/
Podcast: https://nixongwiltlaw.com/podcast-legally-femtech
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