Hey founders and Employees, we are here for the med/acc education segment. Today you will learn about building a startup or company and why you really really need help from a lot of people like us ta daaa..
You got Course sellers , you got instagrammers , you got tiktokers, you got youtubers and you got even Ivy Leaguers selling entrepreneurship, you got Dr. Rahul and med/acc selling entrepreneurship. Who the hell knows what that guy's up to? Maybe here to help you, Only God knows for now so keep reading. And it's very possible that what you're hearing is amazing super duper information and is super true and it's going to help your startup idea. It's also possible that what you're hearing is absolute BS about startups, and somewhere in between is also a possibility. But if it's a lie and you pour investment into it in any regard (like reputation,money and time) , that investment can fail to pay off and that can cost you wasted hope for effect.
Because like if some quack certificate course seller says buy this certificate on AI/ crypto/ blockchain/ chatgpt/ datascience / healthcare entrepreneurship, it'll make your financial problems and "lack of status" go away, you get excited going on a website to buy the damn course and it's making some kind of sense and you're like, "Finally all my money problems will go away ," and then they don't. And that hope for effect, it's tragic, it sucks, it makes you pissed. Of course, various claims can cost you time. "Take a 100 USD investment on this digital marketing," and you realize that there's no grandiose benefits that you can even detect after doing that for months, goddammit, there's a lot of time I could have been, you know, doomscrolling on instagram or whatever other things you can do with 10 minutes of your time. And of course, money. I mean, if you put your own hard-earned money into some network or community, you expect it to work and if it doesn't work, you think back to yourself, "Why the hell did I order this?" and you think back a little bit more, you go, "That man on YouTube told me to buy this , he said it was going to be great." Oh no ! now all your dreams about marrying a mulimillionaire CEO husband by smuggling yourself into top ceo circle is ruined or your dreams about dating a supermodel that chases multimillionaire CEO is also gone. No more Gucci bags and Ferrari . Just Kidding
So, this is bad news with downright scammy claims all over the place. You got to be able to try to pick them out, and the most straightforward way to minimize your probability of getting scammed and maximize your startup abilities, is to "just do the startup and learn on the way with the help of science" about whatever business field that you're talking about. So if people are making orthopedic startups, just learn orthopedics and healthcare. You'll be able to parse the claims. Unfortunately, that can be incredibly hard and nearly impossible to pull off. In fact, you can get an undergraduate level education on the subject and still be duped. One of the things that I've done for a long time for work is teach undergraduates , and I can confidently assure you that if I was selling a bone supplement or a mode of bone gym training or something I could charge people for that was not science-backed, it was intentionally bad, I could do it and I could make a lot of money and even fool a lot of people with orthopedic degrees. But, is it sustainable or even worthy of attempt?
So even getting an undergraduate degree in a subject—let's say you're trying to build a heater for your home and you're not really sure if the guys in the heater industry is full of scammers or not. Someone is sketching a new design for a heater, no one's ever seen it before. A physics undergraduate at Caltech or Industrial Designer from Apple may not prepare you to analyze the problem enough to get directly onto the thing of "is this legitimate or not?" That's how big the problem is. Unless you're a deeply invested expert in that very subfield of that subfield, unless you're an unreal amazing critical thinker in the field in which you are kind of a dominant force, it might be unrealistic to vet claims directly by parsing their empirical or logical validity. Because , you are making a million dollar risk trying to sell it to thousands
People say, "Well, this sells and makes money," and you go, "Okay, well, how do I know it sell?" They go, "Here are the KPI." You get 20 business metrics reports, well you ain't gonna read 20 Quarterly Reports, you are kidding nobody right? You don't know what half the words mean in reports. First time I read a business report, two sentences in the abstract, I was like, "Okay, I know a few words here, I know 'and,' I know 'or,' I know 'because,' and I know 'but.' That's all the words I understood. I don't know anything about this."
Ok so you found a decent idea and is looking for money and behold fifty different business consultants , incubators and residency accelerators.You are like what is this pitching? its just some powerpoint presentation? Why do i need to pay thousands to make a powerpoint presentation? Then you start hearing terrible words like VC ,Angel , Private Equity , Grants , Bootstrapping ,etc . You realise I might as well waste some money to get more money
wait you are not a founder? You are a big bank account holder already and wants to "invest" in healthcare? Well I know a lot of people who wasted their life savings on "outdated ideas" and "no market demand ideas". Many investors who are past business success and reitred doctors are well what do we call them, a little nostalgic. But many of these nostalgia is bad investment ideas and thats where we usually come in as the remedy
Even if you're an undergraduate in business or commerce, someone with a PhD in MBA is trying to mess with you, you can get a lot in and still be BSed. This is a big deal. Wouldn't it be good to have a method of business lie detection and templates that is not specific to the topic at hand and does not require you to be an expert in biotech corporations? Because if it requires you to know about the topic a lot and be a business expert, I'm not—how the hell am I supposed to give you advice on general startups then?
Then general startup advise and help is not possible. But if these things work for basically every biotech subject, every topic, these lie detection tips, and you don't have to be an expert to figure out how to use them and use them well, that's a big deal. Is that possible? we think the answer is absolutely yes, and that gives us success at a really low cost. We have it here for you in this very blog. Thats our med/acc subsidiary
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