#65: Jared S. Taylor: Licensure and Credentialing Made Easy Using Blockchain Technology

Overview:

Jared S. Taylor, Co-Founder and CEO of the credentialing network BlocHealth and Host of the Slice of Healthcare Podcast, speaks with Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy Podcast. In this episode, they discuss the challenges in healthcare licensing and credentialing that BlocHealth aims to solve and how blockchain technology can be applied beyond cryptocurrencies.

 

Episode Highlights:

  • How did Jared become an entrepreneur?

  • What is Jared’s experience with company valuations?

  • What is BlocHealth and how does it incorporate blockchain technology?

  • Jared discusses his experience in healthcare staffing and how this led him to become the founder of BlocHealth.

  • How is BlocHealth like TurboTax for healthcare professionals?

  • How does BlocHealth’s use of blockchain technology differ from cryptocurrencies?

  • Jared talks about how the company was named.

  • What are some of the biggest challenges Jared has faced growing the company?

  • How did Jared and his co-founder fund BlocHealth?

  • Jared shares his point of view on acquiring funding and also reviews the different rounds of funding available for startups.

  • What has Jared learned about compliance and entrepreneurship?

  • How has Jared handled IT when growing his company?

  • Jared discusses the sales and PR strategy for BlocHealth to gain exposure without increasing the marketing spend.

  • What other entrepreneurial ventures did Jared pursue before BlocHealth?

  • Jared shares his strategy for the Slice of Healthcare Podcast.

  • What is Jared doing to grow as an entrepreneur and what advice would he give to entrepreneurs starting out?

 

3 Key Points:

  1. The current credentialing process is redundant and requires a lot of duplicate paperwork. BlocHealth centralizes the process.

  2. The biggest learning curve in entrepreneurship is often with compliance requirements.

  3. Work-life balance is one of the biggest ongoing challenges in entrepreneurship, but it’s crucial to remain healthy in order to continue to work at a high level.

 

Tweetable Quotes:

  • “I believe there’s more than just a number base to a company. We talk with investors now. I feel the best investors to work with are the ones that were previously entrepreneurs because they also view potential in valuations.” – Jared S. Taylor

  • “If you read a cool article about a company similar to yours, definitely touch base with the person who wrote the article and put your company on their radar. They’ll watch what you’re doing and if there’s a fit, ultimately at some point, they’ll write an article about you.” – Jared S. Taylor

 

Resources Mentioned:

 

#HealthcareEntrepreneurAcademy #HealthcareBoss #healthcare #entrepreneur #entrepreneurship #blockchain #compliance #startup

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