Episode Summary:
Phil Hayes-St Clair is co-founder and CEO of Drop Bio, a digital health company with a mission of accelerating the world’s transition to personalised health by increasing consumers and clinicians’ access to data. Phil is also Adjunct Associate Professor at UNSW, and has worked with many startups over the years in roles including co-founder and board member. In his discussion with Adam, Phil discusses how his very first introduction to the entrepreneurial world was with a business he helped start at 7 years old, as well as his advice to founders that they should “look after themselves”.
Chapters:
00:00 Introduction to Day One Podcast
00:30 Meet Phil Hayes-St Clair
01:01 The Mission of Drop Bio
02:12 Importance of Chronic Inflammation
03:22 Phil's First Involvement in the Startup Ecosystem
04:44 Reasons for Continuing Entrepreneurship
06:18 The Evolution of the Startup Community in Australia
08:56 The Role of Investors and Mentors
11:59 The State of the Community in 2005
15:11 Gaps and Opportunities for Improvement
17:01 Learning to Sell
18:07 Advice for New Founders
20:02 Key Takeaways for the Australian Startup Ecosystem