![]() ![]() What makes you tough to complete with? We’ll help you find out when you complete Module six of The Value Builder System™ - complete module one by getting your Value Builder Score now. Moore’s library of images is difficult to replicate, which made 3D4 Medical an attractive acquisition candidate. How to know when to overhaul your business model.A formula for sharing sale proceeds with your employees.The impacts growth has on your valuation.Lot’s more nuggets in the interview, including: Still, they knew Moore had a 15-year head start, and the technology would be hard to replicate, which is one reason they decided to buy Moore’s company, rather than compete with it. Elsevier could have created a bank of images for their textbooks. Moore had created the most extensive library of stock medical images in the world using some of the most sophisticated 3D technology available. Moore credits the introduction of a subscription service with transforming his business into a growth company again. Sometimes your best acquirer is an existing partner where there is already a bank of trust built up on both sides.Ĭreate Automatic Customers: 3D4Medical’s growth stalled for a few years leading up to the decision to move to a subscription model. The idea of an acquisition came up during the course of a friendly business meeting. Keep Your Partners Close: Elsevier, a book publisher, enjoyed a great relationship with 3D4Medcial and Moore for years leading up to the acquisition. ![]() Moore offers a ton of critical insights to an aspiring value builder, including: Moore was making plans to continue to grow the business when one of the biggest textbook publishers in the world made an offer to buy 3D4 Medical for $50.6 million. The business began to hum as more Universities – including the likes of Stanford and Cambridge – signed on.īy 2019, 3D4Medical was up to 75 employees, including a reliable management team. They started selling their app directly to students, teachers and medical professionals. When the Great Recession hit, Moore’s business took a turn, and he realized he needed to re-invent the company and decided to offer an application students could use to learn about anatomy. īack in 2004, John Moore started, a company that created three-dimensional models of the human body, photographed them and licensed the images to textbook publishers. To read a transcript of this episode, click here. 3D4Medical is transforming medical learning and practice around the world and is a global leader in the development of ground-breaking 3D technology that disrupts traditional methods of education. ![]()
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