Mistakes Entrepreneurs Make When Starting A Business In Healthcare
Each week on The Entrepreneur’s Doctor, together with my guests, we help Entrepreneurs (and Intrapreneurs) create a healthier, happier world through their ventures.
This week, my guest highlights the common mistakes we make as Health Entrepreneurs, and how we can overcome them.
Dr Abdullah Albeyatti is the Co-Founder and CEO of Medicalchain and MyClinic. Medicalchain is dedicated to empowering patients to have access to their medical records and remove the barriers that lead to patient choice and empowerment. Meanwhile, MyClinic is used in over 72 countries worldwide to provide telemedicine solutions to a wide variety of healthcare professionals.
The best part — Dr Albeyatti continues to treat patients as a GP in my home town of Leeds.
Most startups & businesses sadly fail, and I don’t want that to be you. As a public health doctor, I launched The Entrepreneur’s Doctor to help changemakers who are looking to solve problems, add value to the health sector across the world, and help people live healthier, happier lives.
After speaking with and learning from Entrepreneurs, I created a short checklist that will help fast-track your health startup journey. It comes with free access to the 7-Day Startup Therapy Launchpad, as well as the Startup Therapy Accelerator, the world’s first accelerator to democratise health entrepreneurship. I’ve essentially distilled 20+ years of international experience into this prescription for what I like to call Startup Therapy.
The first thing you must do is to validate your idea to assess problem-solution fit & product-market fit (just don’t forget venture-entrepreneur fit!). How would you like to start somewhere safe and fun? Come and ask your questions in my free weekly office hours for Health Entrepreneurs. Bounce ideas in a sandpit, gaining feedback from me and potentially other changemakers on the call.
However, if our journey together ends here, I’ll leave a few thoughts for Entrepreneurs and fellow changemakers:
- Not all problems need health tech or digital health, but used wisely, they can dramatically help inform prevention, diagnosis, and treatment.
- Not all problems are in healthCARE, so think of the wider social, environmental, occupational, and lifestyle determinants of health.
- Not all problems can be tackled here and now, so think of the life course approach, with innovation in early-life (the first 1000 days), and across all sectors.
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About The Show
“Don’t ask what the world needs. Ask what makes you come alive, and go do that. Because what the world needs is people who have come alive.”
- Howard Thurman
Do you ever feel like you're swimming upstream, trying to make a difference in the world? What if there was a way to break through these blocks?
You're one insight away...
For years, Dr Behrooz Behbod, The Entrepreneur's Doctor, was what you might call a high achiever. He dedicated his life to improving population and planetary health and wellbeing, pursuing education and training at some of the most prestigious institutions in the world.
Yet even the most talented among us can succumb to burnout, and that's exactly what happened to Behrooz in 2020.
For two long years, he was functioning, but on the inside, he felt stuck and no longer able to create the positive impact he had always planned for. He was afraid that he would no longer feel fulfilled and truly happy.
Then one day, a single insight changed everything.
That insight is best described by Howard Thurman's message:
"Don’t ask what the world needs. Ask what makes you come alive, and go do that. Because what the world needs is people who have come alive."
Since discovering the power of transformative insights, Behrooz has been helping fellow entrepreneurial leaders to unlock the insights we need to create positive impact, both in our lives and in the world.
Disclaimer
The content is provided for information and education only and is not intended as a substitute for medical, psychological, financial, legal, tax or other professional advice. The content is not necessarily representative of any organisations or institutions affiliated with Dr Behrooz Behbod. The views or opinions expressed by guests are not necessarily shared or endorsed by Dr Behrooz Behbod. Individual’s experience may not represent the typical participant. Your background, education, experience, and work ethic may differ. This is used as an example and not a guarantee of success. Your results may vary.
