EPISODE INTRODUCTION

Nigel Lirio and Gabriel Lopez of MedHyve, 2 college dropouts tells us the story of they helped Filipino hospitals and thousands of patients with medical supplies procurement. They will also share how they got in early into programming and how they eventually decided to drop out together to create MedHyve to solve the problem of procuring of medical supplies in the Philippines using technology. Nigel and Gab also tells us the story of how they hustled during the pandemic and how they were able to raise $400k as a pre-seed investment despite being first-time founders.

GUEST LINKS

Follow Nigel Lirio on LinkedIn or reach him through his email nigel@medhyve.com

Follow Gabriel Lopez on LinkedIn or reach him through his email gabriel@medhyve.com

Find more about MedHyve on their official website.

EPISODE TOPICS

[0:41] Introducing Nigel Lirio and Gabriel Lopez

[1:26] What’s Your Hustle

[4:34] Hustle Share Time Machine

[5:52] Nigel’s First Exposure to Tech and Entrepreneurship

[8:41] Nigel’s Inspiration to Pursue Tech and Entrepreneurship

[9:45] Gab’s Introduction to Tech

[13:57] Different Stacks Gab Used

[14:58] Different Stacks Nigel Used

[17:07] How Nigel and Gab Met

[20:56] The Start of Nigel and Gab’s Journey

[22:15] Why Gab Didn’t Finish College

[28:28] Gab’s Inspiration for Medhyve and MedHyve’s Networking Opportunities

[32:27] How Nigel Invited Gab to MedHyve

[34:18] What Made Gab Said Yes

[37:51] How MedHyve was Built

[42:00] How MedHyve was Able To Bring Suppliers and Hospitals Together

[46:39] Nigel and Gab’s Experience as Young Startup Founders

[49:10] MedHyve’s Growth During the Pandemic

[51:20] MedHyve’s Team Growth

[54:20] MedHyve’s Different Team Departments

[56:40] Fundraising for MedHyve

[58:18] Key Advice From Mentors

[1:02:18] Pre-seed Funding

[1:04:07] The Type of People in MedHyve

[1:14:17] Advice for Aspiring Startups

[1:19:10] What’s Next for MedHyve

QUOTES FROM THE EPISODE

• “You need to create the feeling of FOMO for the investors. You have to make it feel like there are a lot of things coming in that they might miss out on.”

• “Traction is the foundation for everything.”

• “It doesn’t matter if you have zero experience, what matters if you have the qualities of a super learner. Super learners are people who can pick up things quickly and apply them quickly.”

• “As a startup employee, you need to figure things out by yourself with the tools given to you.”

• “Do not sit and wait for things to be hand-fed to you, you have to keep trying until you figure it out.”

• “If you have that drive to challenge yourself to do something you’ve never done before, then that is a valuable asset.”

• Choose the things that would give you the least regrets.”

JARGON USED

• Pre-seed Funding - This stage in funding refers to the period in which a company's founders are first getting their operations off the ground by looking for initial investors. (source: investopedia.com)

• Procurement - Process of buying goods and services.

• FOMO - Fear of missing out

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