Having a chronic-illness can be challenging, and running your own business can be hard. No matter where you fit on the spectrum, we could all use a little motivation. Our #InsidethePatientEntrepreneursMind blog series gives you insight and life hacks on how to stay motivated from some of the most innovative patient entrepreneurs in the world.
Sigurjón Lýðsson is the CEO and Co-Founder of Medilync, a medical platform which builds cloud-based medical solutions where big data, IoT, and engagement are key to alleviating the burden of diabetes.
Sigurjón sat down with Lyfebulb to tell us how his father’s medical diagnosis with T1D, cancer and his short term memory lost motivated him to look for a solution that would help his family and medical provider manage the care of his father.
What motivated you to create a business addressing a disease you know so well?
My father has had Type I diabetes for apporx 40 years now. When growing up we usually didn’t notice that he had T1D, he never complained about it. Captain on a shipping vessel with 8-10 souls he was told he couldn’t do it. He never gave in. In later years he started to show symptoms of memory loss. We, his sons, would joke about that and so did he. But when he was diagnosed with cancer and it had spread to his brain, we got ever so more worried. At that time he had forgot if he’d measured his glucose or even if he injected or not. So when we were told his tumor would affect his memory I started looking for a solution for my dad. I could not find it! I still can’t as I am still trying to get it funded. I know I have the solution, but I fear it will be too late for my dad. If I can help anyone else live a better, safer life then I will be happy.
What are some of the hurdles you perceive exist for people with your disease?
Diabetes is one of the toughest disease out there. But information flow in general is what is the biggest hurdle today. Information from patients to clinicians is too cumbersome and usually only verbal from the patient to clinicians. We have a solution that has changed that.
Who are some of your role models in your space?
Not necessary in my field but Juan Mata Garcia is my latest role model. Kind person to those who need it, gives 1% of his Manchester United income to others. Bill Gates is another one I admire. Using his wealth to find a cure for polio for example, is just amazing.
What is your goal beyond creating a successful business?
Help people live better and safer lives.
What does Lyfebulb mean to you? How can we support you better? What are some of the biggest gaps today for a “young” entrepreneur?
Funding a company doing a hardware for diabetes is really difficult so anything in that area would definitely help.
How do you stay healthy and motivated to deliver?
As I am 75% likely, due to genes, to get Type II diabetes I do take care of my nutrition and I do cross-fit 5 times a week. That gives me the energy I need to get ahead of the curb.
How has mentorship made a difference in your professional and personal life?
Mentorships are key to new companies to a difficult market.
How can we draw more attention to user-driven innovation?
Solely by involving the users more.
How do you maintain work/life balance?
I would always be lying if I’d say that I can control it, but I do my best.
If you had three wishes, what would they be?
I could create a legacy which saves lives 2) My family be safe from harm 3) Peace on earth ☺.
What is your favorite song that gets you motivated?
My own song Unity 😉
#InsidethePatientEntrepreneursMind is a weekly blog series that highlights members of Lyfebulb’s Patient-Entrepreneur Circle. The Entrepreneur Circle is an educational and inspirational platform for all people living with, or affected by chronic disease. Existing entrepreneurs will be available to educate new dreamers through the website and through live events. To read more or to apply to join the Enrepreneur Circle click here.