10 Entrepreuenrship Insights, with Michael Burcham

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Michael Burcham has extensive experience in healthcare innovation, entrepreneurship, and startup venture coaching. He served as President of ParadigmHealth, a provider and integrator of care and disease management services for health plans and employers, from 2001-2007. He also founded and served as President of Theraphysics, a venture-backed specialty healthcare firm managing rehabilitation services, from 1992-2000. He is founder and Director of the Accelerator Summer Business Institute, a 4-week intensive immersion program designed to challenge undergraduate students to develop their own personal brands and business skills. At the Owen Graduate School of Management, Michael teaches healthcare innovation and strategy. He is passionate about helping the creative class transform their ideas into real businesses, and looks to the Entrepreneur Center as an opportunity to revolutionize Nashville’s entrepreneurial ecosystem and creative venture development on a large scale. Michael received his PhD in Healthcare Administration from the Medical University of South Carolina in 2003.

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10 Entrepreuenrship Insights, with Michael Burcham

  1. 1. @33voices intelligent insights to advance your business and life 10 Entrepreneurship insights from the Nashville Entrepreneur Center
  2. 2. The following represents 10 highlights from the interview by @MoeAbdou, founder & host of 33voices®.
  3. 3. Michael BurchamHas extensive experience in health- care innovation, entrepreneurship, and startup venture coaching. He served as President of Paradigm- Health, a provider and integrator of care and disease management ser- vices for health plans and employers, from 2001-2007. @MichaelRBurcham
  4. 4. Stream interview Watch videoWatch video No.1 Always strive to build a business that’s investor worthy - it stretches your vision.
  5. 5. Stream interview Watch videoWatch video No.2 Frame the problem you’re solving with your solution inside a scalable business model. your odds of getting early traction will improve.
  6. 6. Stream interview Watch videoWatch video No.3 When refining the problem, be cautious not to confuse the symptom with the root cause of your customer’s real pain.
  7. 7. Stream interview Watch videoWatch video No.4 If you build something to solve your own problems, your initial users are going to be your peers. recruit them early.
  8. 8. Stream interview Watch videoWatch video No.5 Get your customers involved early in your product evolution. it’s likely to lead to a better and a more scaleable product.
  9. 9. Stream interview Watch videoWatch video No.6 Make it a priority to distinguish between users and revenue generating users; the latter ignite your business; the former likely slow it down.
  10. 10. Stream interview Watch videoWatch video No.6 Make it a priority to distinguish between users and revenue generating users the latter ignite your business, the former likely slow it down. 33voices Michael Burcham - Revenue Generating Users
  11. 11. Stream interview Watch videoWatch video No.7 In growing your team, it’s essential to have someone with deep industry knowledge. it’s often your defining advantage.
  12. 12. Stream interview Watch videoWatch video No.8 Founders who transcend into running the business understand that scale matters they evolve into business leaders, and not just product builders.
  13. 13. Stream interview Watch videoWatch video No.9 To enhance your team unity, create an inclusive culture with a relentless pursuit to continually create an ‘insanely great’ customer experience.
  14. 14. Stream interview Watch videoWatch video No.10 The question to ask about an early stage startup is not “is this company taking over the world?” but “how big could this company get if the founders did the right things?” - Paul Graham
  15. 15. Really reflect... What did you learn last week and what does your current list of assumptions look like? Really reflect...
  16. 16. Connect WITH US! Tell us what you think Chase@33voices.com

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