How Might Entrepreneurs Disrupt Healthcare in South Africa?
Start your answers with T1, T2, T3, T4 or CT for transcript purposes after the moderator prompts.
Both panel experts and attendees are encouraged to participate.
The public transcript is recorded by Symplur.
T1: How do you think entrepreneurs could transform healthcare and why?
T2: How do you think digital technologies could improve healthcare entrepreneurship?
(e.g. Opens up global opportunities)
T3: What barriers are there to promoting entrepreneurship in healthcare?
(e.g. Strict policies, access to ICT’s, access to funding)
T4: Who do you think could play a role towards accelerating healthcare entrepreneurship? How?
(e.g. Corporate, government, investors, patients, media, academia, HCP’s, citizens)
CT (Closing Thoughts): Is there anything you feel is important to add to this conversation?
It might come as a surprise to know that billionaires like Richard Branson, Steve Jobs, Bill Gates, Michael Dell and Mark Zuckerberg never graduated from college. Society refers to these unusually successful college dropouts as “underdogs” because they don’t fit the stereotype model of what society perceives as a potential business leader, yet they disrupted life as we know it globally. These same so-called “underdogs” have simultaneously been referred to as entrepreneurs and act as valuable role models for what society have also defined as “ordinary citizens”, proving that anything is possible with perseverance.
The important thing to understand about the entrepreneurial mind is that they think incessantly. They are curious, opportunistic, and optimistic. They train their minds to problem-solve every issue that crosses their path. Jimmy Carter explains entrepreneurship well in this article he wrote about Bill Gates, where he explicitly highlights a few key values that he believes helped to determine Mr Gates’ successes including a purpose-driven vision of change for the greater good of humanity.
In terms of healthcare entrepreneurship, globally a revolution is taking place. Pharmaceutical giants like Novo-Nordisk are investing substantially towards patient entrepreneurs using initiatives like the LYFEBULB Innovation Awards because they recognise the value that the patient experience has on meaningful design, whilst doctorpreneurs like Dr Felicia Tshite-Molamu’s Dream Doctor Collection of medical wear are being recognised for their real-world ideas that carry the potential to turn South Africa’s hospital fashion industry upside-down! Supply-chain barriers are being explored by Harvard using citizen-science and other entrepreneurial methodologies while philanthropy-driven 3D-printing NPO’s like e-Nable are proving that it is possible to deliver high-tech prosthetics to the underserved populations in the most remote parts of the world with the click of a button.
With all of South Africa’s challenges in healthcare do you think entrepreneurs could play a role towards disrupting that status-quo? If we consider some of the promising local startups disrupting the consumer sector already, why not? Could we make a global impact with our ideas and could global startups impact on us?
Join us for a 60-minute chat on Twitter to reimagine the possibilities!
All stakeholders are welcome.
Join our Panel Experts:
Founder and Chief Investment Officer at The Wits e-club and Wits Ventures
Wits Ventures is an e-club (entrepreneurial club) at the University of Witwatersrand co-founded by Morerwa. They are an entrepreneurial training hub as well as a leading business society that empowers students around the discipline of business leadership and economic participation through small business establishment and facilitation.
David Bullock @rapid3d (ZA)
David is the co-founder of a 3D-printing company called Rapid3D which is based in South Africa. David specialises in 3D Printing, 3D CAD Systems, Reverse Engineering, Rapid Prototyping, 3D Scanning and Additive Manufacturing in various sectors including for healthcare.
David has shared his expertise at various prestigious events including SingularityU Cape Town.
CK Japheth @ckjapheth (UG)
CK is co-founder of The Innovation Village in Kampala, Uganda as well as founder of #hcsmUG. CK has had experience setting up The CEO Summit Uganda; an annual convergence of the top 100 captains of business and industry to dialogue and shape trends driving Uganda’s economy in direct coordination with the Ministry of Finance Planning and Economic Development. CK is also currently pursuing an MBA in digital entrepreneurship.
Lieka Rayneard (ZA)
Lieke is a professional entrepreneur with an Advanced Diploma in Business Project Management from the University of Cape Town as well as one of the organisers of the Digital Health Cape Town Accelerator Programme set to launch at the end of January 2018.
Michael Seres @mjseres (UK)
Michael is Founder of an innovative medical device company called 11Health.
He has unique and specific expertise in Inflammatory Bowel Disease and is a bowel transplant recipient & cancer patient. Michael is the inaugural Stanford Medicine X e-Patient Entrepreneur in Residence. Medicine X is a catalyst for new ideas for the future of medicine which takes place in Silicon Valley.
De Wet Swanepoel @DeWetSwanepoel (ZA)
De Wet Swanepoel is the co-founder of the hearXgroup as well as hearZA.
He is Professor in Audiology in the Department of Speech-Language Pathology and Audiology at the University of Pretoria and a senior research fellow at the Ear Science Institute Australia, with adjunct positions at the University of Texas in Dallas and the University of Western Australia.
Gabrielle Lobban @Zumbudda (ZA)
Gabrielle is a health technology professional with over 24 years of experience as a medical marketing executive. She is currently the business director of Zumbudda which is a digital communication platform for healthcare that provides its users with real-time expert advice.
Phumzile Mwelase @Phhumiie (ZA)
Phumzile is a third-year LLB student as well as a founder and Executive Director of the Wits e-club. She is also president of Wits Ventures, which is an e-club (entrepreneurial club) at the University of the Witwatersrand who are an organisation that equips academics with the skills to incorporate their own businesses. She is the author of innovative ideas, a small online business owner, Phumie on Point Virgin Hair Specialist, professional model and also possesses a diploma in Business Management from Varsity College.
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