I have always found that when you announce your intentions, people will join you on your journey. A moving train going somewhere is more appealing than the one that's going nowhere.
I'm Praveen Suthrum. After 16+ years of building and running NextServices, a healthcare technology/management company, the challenges and opportunities in the industry leap out at me. I also get early access to industry trends and changes.
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All in Entrepreneurship
I have always found that when you announce your intentions, people will join you on your journey. A moving train going somewhere is more appealing than the one that's going nowhere.
Half the battle of entrepreneurship is won in your mind. Many people finish up their careers deliberating whether they must start a business or not. Never actually turning on the ignition.
There’s much excitement in the air today. AI, machine learning, robotics, synthetic biology, 3D printing, drones and so on. And let’s not forget to blockchain this and blockchain that.
Here's the premise.
36 million American patients miss their medical appointments. If only they had a ride waiting outside, they'd make it to the doctor's office.
Much has been said about entrepreneurs. But not so much about people who work with them.
It must be crazy to work founders. Sometimes they want this. Then that. Sometimes they say this. And then they do completely something else.
The internship seeking period during MBA education is one of the most confusing. Jungle wisdom says that you got to network. Listen attentively. Be silver-tongued. Schmooze they say.
In 2011, Ivan Owen created a puppet-hand to attend a steampunk convention. Seeing his video on YouTube, Richard a carpenter from South Africa wrote him an email. Richard had lost his fingers and was interested in collaborating to create an artificial hand for himself.
How do you grow beyond yourself? With the same amount of time, how do you get more done? Without burning yourself out.
Before we answer that, let's explore the path to leadership. Years ago, we created this 'growth formula' for ourselves in our company.
The other day I wanted to watch a Telugu horror movie in Mumbai. Problem was that the rest of Mumbai didn’t seem as interested in it.
When I reached the multiplex, I figured I was their only customer. They said they might cancel the show.
Have you noticed? That opportunities seem to chase some. But for several others...they spend their time chasing opportunities.
When or how does this happen?
Two years ago, Practice Fusion, an electronics health record company was rumored to be valued at more than a billion dollars.
Last month, the company sold for a fire sale price of $100 million.
Nothing ever happens without that spark of an idea. An inspiration strikes out of nowhere while you are sipping coffee. Just at that moment, you feel a little flutter in your heart. The feeling says, wouldn't it be amazing if you did this? But something else happens...
In this day of excitement, we love change. Because it's easy to change. Whether jobs or phones or clothes. We want a constant stimulus. This and that. Here and there.
But what if we really did nothing more? And we stayed bored.
In a recent health-tech class for doctors, we did an experiment. We made them into app designers. In about 30 minutes.
I'll tell you how.
It was exciting to see Dr. G at work. Patient after patient. Using our baby to go about his day. Yes, we had made life easy through our product. Innovated where it mattered.