In Episode #556, I interview Manuel Opitz. He is currently the founder of Mecuris. Before founding the company as the CEO, he worked as a medical IP broker in innovation management and as a technology scout in China. He graduated in Industrial Engineering and he has taken a keen interest in optimizing healthcare process chains by digitalization and 3D printing.
Famous Five:
Favorite Book? – Thinking Fast and Slow
What CEO do you follow? – N/A
Favorite online tool? — Podio and Acuity Scheduling
Do you get 8 hours of sleep?— Yes
If you could let your 20-year old self, know one thing, what would it be? – “Don’t try to do everything yourself”
Time Stamped Show Notes:
01:37 – I introduce Manuel to the show
02:14 – Mecuris is in B2B and medical technology
02:30 – Mecuris provides patient specific prosthetics using 3D printing
02:58 – Manuel discusses the picture on their website
03:19 – Mecuris can be reimbursed by the insurance companies
03:38 – Mecuris gets paid as the service provider for medical supply stores
03:51 – Mecuris uses SLS—which is more costly but lasts
04:25 – The smaller the prosthetics, the cheaper it is
04:50 – Manuel shares the pricing
05:25 – The price for Sophie’s prosthetics
06:15 – Insurance companies have their own prices
06:55 – Average number of prosthetics that have been 3D printed in 2016
07:28 – Mecuris only had prototypes in 2016
07:45 – Mecuris had 2 seed investors in November
08:39 – Mecuris raised under a million
08:55 – Mecuris had a pre-seed round
09:37 – The 6 founders put in 5-digit numbers per person and received a pre-seed government round
10:12 – Manuel shares how the 6 founders talked about the equity
11:26 – The founders who are operational are the software lead and product designer
11:52 – There are a total of 11 people in the office
12:07 – Mecuris was launched in May, 2016
12:52 – Manuel wants to enter the international market after Series A
13:09 – Talks with big companies are in the works
13:40 – Mecuris can do prosthetics in just 10 minutes
14:04 – Manuel discusses Sophie’s prosthetics and what would be her option would be if there was no Mecuris
15:15 – Mecuris can do simulation work with their prosthetics
17:30 – The Famous Five
3 Key Points:
Aim high—if you believe that you can enter the international market then do it.
Sharing equity requires a good system, defining how you can benefit from one another.
Collaborate with the experts in your field.