Bill Vick is on a mission to raise money for research and new devices related to IPF. What’s IPF you may ask? Idiopathic pulmonary fibrosis. He’s the face of the IPF Catalyst Challenge happening RIGHT NOW where 1 million dollars will be given out to support research and new medical technology to help IPF patients. Want in? Listen to his amazing story (he even does pull-ups at the gym with his oxygen tank) and prepare to get motivated!
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More about Bill
Bill is a competitive triathlete and he went to his doctor after he noticed his triathlon times were increasing. He knew something was off. He discovered he had IPF and was expected to die in less than 3 years. He made the choice to live as much as he could and experience life.
What are you doing to change healthcare?
Bill has teamed up with Three Lakes Partners, an organization passionate making patients lives better, finding a cure, and improving medical devices having to do with IPF. They’re sponsoring the IPF Catalyst Challenge to encourage innovation and are giving away 1 million dollars.
Where can people go if they’re interested, is this virtual or in person?
The challenge is virtual right now but will culminate with the finals and an in person event in Chicago. You can check it out at IPFcatalystchallenge.com
What’s one thing that medtech entrepreneurs or startups don’t know that they need to know?
When startups are creating new products, they sometimes forget that they’re developing these for the customer. There are so many great ideas out there but they don’t ever make it to market since they’re not customer centric.
Everything needs to be designed for customers and patients so you actually need to talk with them throughout the development of these new products.
What do you see as rough waves) in our industry and how can entrepreneurs and startups overcome those rough waves?
Government regulations is really tough and sometimes companies can get in their own way. Be smart and do what you need to do but don’t overdo it.
What’s the best advice you can give medtech entrepreneurs?
Step back and simplify. We have a tendency to overcomplicate things. KISS (Keep It Simple Stupid).
What’s a book that you recommend and why?
Think and Grow Rich by Napolean Hill — this book changed Bill’s life. He got things together and understands what he’s supposed to do in life thanks to this. He was planning on being a scuba diver then went to college instead and is where he is today because of the book.
What’s the best way to get in touch with you and a favorite quote?
What’s your favorite quote?
“Dying is easy….living is hard” — Bill Vick himself!