Mike Gaspar is the founder and chief operating officer (COO) of HealthCasa, a Toronto-based firm that provides on-site corporate health and wellness solutions as well as in-home podiatry and orthotic services. Mike believes that if an entrepreneur wants their startup to succeed, it’s necessary to have an immense passion for their project and accept that there will be financial losses early on.
In this episode, Mike Gaspar discuss why he prefers bringing health care to a home or office rather than bringing patients to a clinic, explains why it’s not enough to simply offer your employees competitive salaries anymore and lays out the long-term benefit of working a less-than-ideal job in your teenage years.
Download the transcript here
Podcast highlights:
- Mike sees physical clinic space as “inefficient,” limiting how much money you can make.
- He sold his old company because he and his business partner no longer agreed with each other as much as they used to, plus the allied health care industry was rife with fraud.
- It’s no longer enough to offer a competitive salary to employees; you need to make sure they have a good experience working with the company and that their environment is pleasant and accommodating.
- Mike doesn’t like to point out problems without providing solutions, and HealthCasa specializes in doing the latter.
- HealthCasa ensures its practitioners are paid well because they are important assets and higher pay ensures higher quality of work.
- Staying organized is HealthCasa’s biggest challenge as they continue to grow and take on more and more corporate clients.
- Mike is fine with HealthCasa using third party software rather than proprietary software because their primary business and focus is health care, not technology.
- He advises younger entrepreneurs not to launch a business solely for the purpose of making money, as more often than not you’ll be losing money in the beginning.
- Mike thinks there’s value to working a low wage service and/or retail job when you’re younger, as it encourages you to work harder in school and find a job that’s best for you.
Quotes
“We’re trying to change the industry one patient at a time.”
“We basically want to be the conduit to all things corporate health and wellness to our customers.
“What you need to do is to offer a great employee experience to your existing employees because you want to retain top talent.”
“Kind of like parenthood, as soon as you figure out one thing and how to deal with it, you can bet that something else is going to fall in your lap and then you’ve got a new challenge there.”
“I don’t want to get lost in the software world while trying to run my healthcare company.”
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