#145 How to Launch Companies And Disrupt How Healthcare is Delivered, ft. Dr. Renee Dua
In this episode, Dr. Kim interviews an amazing physician-entrepreneur, Dr. Renee Dua. In 2022, Dr. Dua launched HeyRenee, the first-ever healthcare assistant that combines human support with advanced AI to ease the burdens of healthcare.
Dr. Dua is also the co-founder of HEAL. Heal was founded on the principle idea that improving health outcomes starts by meeting patients where they’re most comfortable: at home.
This interview first aired at our Leverage & Growth Summit. Renee was one of our 30 plus Docpreneurs sharing their story to inspire other physicians to leverage their ideas to create passive income.
Are you ready to model successful people and start growing your income streams? Learn more about the free LEVERAGE & GROWTH SUMMIT.
Plan now to join us for our free virtual summit, March 15-19, 2023.
Episode Highlights
Now, let’s look at what we discussed in this episode:
- What is HeyRenee
- Launching a tech platform based business
- Balancing entrepreneurship and life
- HeyRenee was created to solve a problem
- First step to take in solving a problem
- Raising support for your entrepreneur idea
- Is there an opportunity for physician entrepreneurs?
- Balancing life and work
Here’s a breakdown of how this episode unfolds.
Episode Breakdown
What is HeyRenee
HeyRenee is a personal healthcare assistant that unifies the myriad complex aspects of healthcare into one intuitive, delightful experience specifically designed for underprivileged, older Americans who often have lower health and tech literacy and multiple health, social, and cultural factors that require coordinated attention to realize improved outcomes.
Launching A Tech Platform Business
Launching came from the realization that as a full functioning doctor who cares for the wellbeing of her patients in the office and out of the office, that a product and system could serve her patience personal needs to take ownership of their healthcare at home. Dr. Dua is trying to solve the problem to offer full patient care through their healing process.
Balancing Entrepreneurship, Practicing Medicine, And Your Family
HEAL was birthed after her personal experience of caring for her son’s medical needs. It has now scaled into 12 states. This vision of HEAL was to deliver primary care to the home, using software.
Entrepreneur Solving The Problem
Dr. Dua is constantly asking herself, what can we get out of the way to solve the problem of the doctor & patient relationship? Assisting the patient, their family, or their caretakers can happen through software.
Balancing practicing medicine and entrepreneurship
According to Dr. Dua, the first and most important step to take in solving a problem is to partner with someone who can help you raise money in order to scale the business.
Raising Support For Your Entrepreneur Idea
Dr. Dua reminds the audience that “we know wellness. We have a skill set that venture capitalist need and don’t have. Most doctors are humble, but you can’t be that way. You have to walk in the room, open your mouth, and say what’s good about what you do and know.”
Doctors Make Great Entrepreneurs
Doctors need to be the face of trust in the healthcare industry. There is so much that can be done with data and how to communicate that and leave an impact.
“Do what is right for the patient, and you will always be rich.” – Dr. Dua
Balancing Life
Dr. Dua surrounds herself with her wonderful partner and husband, their parents, nanny, and occasionally night-time nanny. She admits to being tired, but then adds “when you love what you do, you do it. When I see the impact of what I do on my children, and how they someday will better their world.”
Being an entrepreneur is not for everyone. “It is for someone who has a voice, who wants to command an idea, and can do things outside of seeing patients. Doing something that they truly enjoy and they don’t feel intense pressure.”
“I’ve had lots of mistakes, lots of nos, lots of missed thanksgiving parades, lots of rejection… but I’m always at the next corner to see what happens. And suddenly, something comes through.”
Entrepreneur Tip
Write this question… How do you see a path from your idea to making money?
Then take time to think it out, sketch it out, write it out.
If it’s not you financing your idea, who is your partner that will help you scale that idea into reality?
