{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"#137: Dr. Justin Norden: Tackling Gnarly Problems with Venture Capital Firms","description":"Overview Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks to Dr. Justin Norden, partner at GSR Ventures. As a serial entrepreneur, Justin talks about healthcare technology, how you should execute your business idea, and how to look for the right investors for your company. Episode Highlights  Justin discusses his atypical medical school journey at Stanford and how he transitioned to business school with a focus on entrepreneurship. How did Justin get involved with healthcare technology innovation? How can you best prepare when it comes to building your own company and seeking funding?&amp;nbsp; Four areas are transforming how healthcare is delivered: data, EMR, AI and ML (machine learning). Several companies are making waves in the healthcare landscape, like Kinsa, Medable and Alpha Medical. When is the right time to invest to make physical prototypes? Hone your business ideas and execute them through hard work. Seek out negative feedback as an entrepreneur.&amp;nbsp; Justin provides an overview on the pros and cons of kickstarters and investors.&amp;nbsp; What it\u2019s like to pitch your ideas to interested investors?&amp;nbsp; When you do meet with investors, share your pitch deck and be prepared to make the ask.&amp;nbsp;&amp;nbsp; Utilize good data to make predictions and to make good things happen.&amp;nbsp; Justin shares his thoughts on what the future of healthcare technology might look like&amp;nbsp; years from now.  3 Key Points  Everything in healthcare moves slow, especially with the current pandemic. Although this may be the case, there are still people like Justin and companies like GSR Ventures that aim to innovate healthcare technology, as well as provide a better quality of life for both healthcare practitioners and patients. If you have an idea and want to start a company, figure out what stage you\u2019re at. Starting a business is all about the execution of ideas, the hard work you put into it and finding someone who\u2019ll invest in your vision. Approaching interested investors isn\u2019t like what you see on TV. The most important thing is getting your idea out there and getting everybody on board - you simply need to get to that first investor.  Tweetable Quotes \u201cKeep trying\u2026talk to as many people as you can. Get feedback from your colleagues, from others, from your patients. Understand and validate as much as you can.\u201d - Dr. Justin Norden \u201cYou should expect to meet with tens, if not hundreds, of investors before people will end up funding something.\u201d - Dr. Justin Norden \u201cJust try to get real feedback from them\u2026I think that\u2019s such an important thing as an entrepreneur, and you can never get too much.\u201d - Dr. Justin Norden References Mentioned Dr. Justin Norden on Linkedin - https:\/\/www.linkedin.com\/in\/justin-norden GSR Ventures Website -  https:\/\/www.gsrventuresus.com\/, Kinsa Website - https:\/\/www.kinsahealth.co\/ Medable Website - https:\/\/www.medable.com\/ Alpha Medical Website - https:\/\/www.helloalpha.com\/ #HealthcareEntrepreneurAcademy #healthcare #entrepreneur #entrepreneurship #startup #smallbusiness #venturecapital #healthcaretechnology #innovation ","author_name":"Healthcare Boss Academy Podcast","author_url":"https:\/\/www.healthcareboss.org","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/16747598\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/88107521"}