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Overcoming Challenges in Healthcare: Avish Bhama's Vision for Independent Practitioners
Manage episode 426662747 series 3576772
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Join us as we sit down with Avish Bhama, Founder and CEO of Klinic, to discuss the complexities of running a multi-sided healthcare network and his entrepreneurial journey. Get insight into the advantages of tackling tough industries and learn what it takes to build a successful business in healthcare.
- Challenges in operating a multi-sided healthcare network.
- Advantages and long-term defensibility of complex industries like healthcare.
- Vision for Klinic: a comprehensive platform for independent practitioners.
- Key advice for aspiring entrepreneurs.
- Avish's career journey from professional poker player to successful entrepreneur.
5 Key Takeaways You’ll Learn:
1. Balancing Priorities in Healthcare: Avish shares the challenges of running a multi-sided network catering to both providers and patients, and how Klinic is making it work.
2. Healthcare vs. E-commerce: Discover why building a business in healthcare offers long-term defensibility despite its complexity compared to simpler industries like e-commerce.
3. Vision for Klinic: Learn about Avish’s ambitious plans to create a comprehensive platform for independent practitioners and address major healthcare issues.
4. Advice for Aspiring Entrepreneurs: Avish emphasizes the importance of solving problems for the first 100 users and draws valuable lessons from successful social networks.
5. Challenges for Independent Practitioners: Uncover the common struggles healthcare providers face, from burnout to administrative burdens, and how Klinic aims to support them.
Timestamps:
00:00 Initial unemployability led to successful entrepreneurial ventures.
06:50 Sonia worked in crypto and faced challenges.
08:19 Streamlining commercial insurance access led to failure.
13:50 Identifying healthcare tech needs for addiction treatment.
16:45 Shifted focus to help practitioners launch businesses.
21:54 Healthcare practitioners struggle with administrative burden and independence.
23:33 Healthcare balance between patient care and financial stability.
26:47 Helping providers solve challenges in healthcare industry.
32:12 Balancing multiple aspects in complex startup ventures.
33:46 E-commerce is easier to start, harder to scale.
38:14 Focus on solving problems for first 100 users.
43:42 Considering outcomes drives approach in entrepreneurship.
44:41 Grateful for helpful insights, promise to link.
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