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  • Entrepreneurship

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    Mian Ahmed Javed
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    The document discusses the story of entrepreneur Jonathan Thorne and the founding of his company, Silver Glide Surgical Technologies. He started the company in the 1990s to develop and patent a non-stick surgical probe. This probe attracted surgeons as it was frustration-free. With $80,000 raised from friends and family, Thorne launched Silver Glide Technologies and got FDA approval. However, the company was still burning through money despite some revenue from product sales at trade shows. Thorne pivoted the company's focus to developing non-stick forceps for neurosurgery to address this issue.

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    Entrepreneurship

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    The document discusses the story of entrepreneur Jonathan Thorne and the founding of his company, Silver Glide Surgical Technologies. He started the company in the 1990s to develop and patent a non-stick surgical probe. This probe attracted surgeons as it was frustration-free. With $80,000 raised from friends and family, Thorne launched Silver Glide Technologies and got FDA approval. However, the company was still burning through money despite some revenue from product sales at trade shows. Thorne pivoted the company's focus to developing non-stick forceps for neurosurgery to address this issue.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views8 pages

    Entrepreneurship

    Uploaded by

    Mian Ahmed Javed
    The document discusses the story of entrepreneur Jonathan Thorne and the founding of his company, Silver Glide Surgical Technologies. He started the company in the 1990s to develop and patent a non-stick surgical probe. This probe attracted surgeons as it was frustration-free. With $80,000 raised from friends and family, Thorne launched Silver Glide Technologies and got FDA approval. However, the company was still burning through money despite some revenue from product sales at trade shows. Thorne pivoted the company's focus to developing non-stick forceps for neurosurgery to address this issue.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 8

    1

    Intro to Silver Glide


     Story about a entrepreneur “Jonathan thorne”

     He wasn’t like the typical entrepreneurs

     In 1990s he didn’t focused on the internet craze

     The story towards renvue model which works

     Feedback of customer
    2

     Foundation of Silver Glide surgical technologies.

     Development of a surgical probe,patented products

     Non stick surgical probe source of attraction for


    surgeons

     Probe as a frustration free for surgeons


    3

     $80,000 back from friends & family

     lauching of Silver glide technologies.

     Approval from FDA


    4

     Presntation in a surgical trade show

     Revenue received just $5,775 till july

     Company buring more Money


    5

     Non stick instrument still make sense

     Problem of forceps

     The new non stick forceps

     Focus on nureosurgical instrument

     UNCERTAINTIY OF DIRECTION
    6

     Need of found

     Value of foreceps
    7

     Non Stick technology

     Success of Plan B
    8

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