Business Insights From the Founder of Kinetik Healthcare Solutions
What is your #1 piece of advice for startup founders?
“There is no easy path to success. So to get there, you have to find something you are really passionate about with a purpose and mission that is bigger than you. So in those hard times, you can always go back to that ‘WHY’ to motivate you to keep going.”
What is the best method you've found to avoid burnout as an entrepreneur?
“I made sure that my co-founders and leaders at the company absorbed what I found important and valued as a leader so they can emulate that into their leadership while adding their own twist. When company culture is strong, employees feel valued, heard, and appreciated, and in turn, they will work hard and be loyal.”
What is your advice for coming up with a unique startup idea?
“I’ve carried a journal around with me for over 18 years, and I jot down everything that bothers me. Then, I write out ideas for potential solutions. This will help you come up with ideas and makes you stand out.”
What is your advice for overcoming challenges and failure?
“I ask myself a very important question: Who is going to solve this problem? Why not me or my company? This is what pushes me through the most difficult challenges.
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
“I was able to book a meeting with the founder of an industry-leading healthcare transportation accreditation organization by telling him I’d be in his area (I was not - I flew across the country after he accepted). At the meeting, I committed $10,000 out of the $30,000 we had left in our bank account (reducing our runway by two months) to become the third largest sponsor of their 2019 conference. Being the third largest sponsor put us on the map and led us to close a million-dollar opportunity that came from the conference. It bought us ample runway and traction to subsequently raise $20MM in funding. To this day, it’s one of the biggest bets we’ve ever made and perhaps the most important one. As an entrepreneur, you have to be willing to take big leaps and believe in your mission. If you don't, no one else will.”