• From Startup to Scale: James Bates on Raising $20M & Revolutionizing Healthcare

  • May 1 2025
  • Duración: 30 m
  • Podcast

From Startup to Scale: James Bates on Raising $20M & Revolutionizing Healthcare

  • Resumen

  • In this episode of What It Takes, we sit down with James Bates, the Founder & CEO of AdviNow Medical, a company leveraging AI and augmented reality to transform healthcare. James shares his incredible journey—from leading billion-dollar tech businesses to raising $20 million to build his own game-changing startup.

    We dive into the realities of scaling a business, the challenges of raising capital, and how James navigated industry pushback to bring innovation to healthcare. He also shares lessons in resilience, leadership, and team-building, giving founders and entrepreneurs a firsthand look at what it really takes to disrupt an industry.

    💡 Memorable Quotes from James Bates:

    🔹 “AdviNow allows doctors to be doctors once again.”

    🔹 “I thought I was resilient before I founded this company—I had no idea what resilience meant.”

    🔹 “If all you're saying is, ‘this is too hard, it’s taking too long,’ then you just have to ignore it.”

    🔹 “Technology adoption in healthcare is seen as a risk, not a benefit—and that’s a big problem.”

    🔹 “If you can tell me why my vision isn’t valid, I want that conversation. But if you’re just telling me to give up, I won’t.”

    Whether you're an entrepreneur looking to scale, a tech enthusiast interested in AI’s role in healthcare, or someone who loves real startup stories, this episode is packed with insights you won’t want to miss.

    📌 Show Notes

    🚀 Episode Title:

    👉 From Startup to Scale: James Bates on Raising $20M & Revolutionizing Healthcare

    🎧 In This Episode, We Cover:

    ✔️ What inspired James to launch AdviNow Medical

    ✔️ The challenges of raising $20M and convincing investors

    ✔️ How AI and AR are transforming healthcare

    ✔️ The biggest obstacles he faced in scaling his business

    ✔️ The importance of building the right team

    ✔️ Key lessons in resilience, leadership, and overcoming setbacks

    💡 Memorable Quotes:

    🔹 “70% of the cost of a medical encounter is the doctor, but 66% of their time is spent on things that have nothing to do with their medical licensure.”

    🔹 “Healthcare is 20% of the GDP, yet most medical practices don’t make money. That’s a major red flag.”

    🔹 “If you want to build something big, you need an unwavering vision and relentless pursuit of it.”

    🔹 “Technology is supposed to make things easier, but in healthcare, outdated systems are holding us back.”

    🔹 “The biggest challenge isn’t the technology—it’s changing the mindset of an industry stuck in its ways.”

    🔗 Connect with James & AdviNow Medical:

    🌐 Website: www.advinow.com

    📧 Email James: james.bates@advinow.com

    📧 General inquiries: info@advinow.com

    🔗 LinkedIn:

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