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Ep177 – Sam Kothari (Co-founder & COO – Everlab) on building world class teams and reinventing the primary care experience
The Startup Playbook Podcast
Fundraising strategy and picking investors
Sam describes choosing investors for network, healthcare understanding, and long-term partnership.
Ep177 – Sam Kothari (Co-founder & COO – Everlab) on building world class teams and reinventing the primary care experience
- March 28, 2024
- rohitbhargava
- Podcast
My guest for Episode 177 of The Startup Playbook Podcast was Sam Kothari, the Co-founder & COO of Everlab.
Sam is an entrepreneur in the truest sense of the word having previously run everything from tuition businesses and ice cream shops to starting a popular Poke bowl chain across Sydney and Mebourne called, Poked.
He is now the Co-founder & COO of Everlab, a first of its kind preventative health protocol that gives you access to cutting-edge diagnostics, a personal doctor and tailored programs – designed to improve wellbeing and longevity.
Everlab recently raised a $3M pre-seed funding round led by European VC fund, B2Ventures. My investment syndicate, Playbook Ventures, also participated in this round and I am personally very excited and bullish on what Sam and the team are building!
In this episode Sam and I discuss a lot of his journey to date and the early days of Everlab including:
- Early lessons from founding and operating hospitality businesses
- Sam’s approach to attracting world class talent and building high performing teams
- Frameworks and tests to ensure Co-Founders are aligned
- Why prioritising your health makes you a better founder
- How to systematically approach fundraising
- and much more!
Timestamps:
- 03:42 Sam’s background
- 05:30 Learnings from Warren Buffet and Charlie Munger
- 07:33 Going into business, challenging cultural norms
- 11:55 First attempts at business in hospitality
- 20:41 Importance of radical candour
- 24:27 Frameworks for personal relationships
- 29:21 How the founding team for Everlab came together
- 34:38 Frameworks for assessing co-founder dynamics
- 40:40 How Everlab is reinventing the primary care experience
- 42:30 Why health is so important for founders
- 46:56 Sam’s health routines
- 51:32 The Everlab protocol
- 59:52 How Everlab approached their fundraise
- 01:04:59 Fundraising advice to founders
- 01:06:21 How to identify and attract talent
- 01:15:52 Finding the balance between being kind and direct
Our partners
A big thank you to Marc Hermann, Dr. Steven Lu, Fab Makojc and Justin Huang for their help with research for this interview!
Also a big thank you to our partners for the show:
Scendar
Scendar is the OG startup accounting firm in Australia catering to all stages of your business’ life. If you’re busy running your startup, you don’t have time to do your own books and forecast. Instead, fully outsource your finance function, giving you time and resources back to focus on what you do best in growing your business.. Find out more at Scendar.com
Vanta
Vanta helps businesses get — and stay — compliant by automating up to 90% of the work for the most in-demand compliance frameworks. And with over 300 integrations, you can easily monitor and secure the tools your business relies on.
Join over six thousand fast-growing companies that use Vanta to manage risk and prove security in real time.
Get started with a Sydney-based Vanta team member today, or watch a 3-minute demo to learn more, at vanta.com/playbook.
Links mentioned
Sam’s links
People mentioned
- Dr Steven Lu
- Anshul Jain
- Marc Hermann
- Warren Buffet
- Charlie Munger
- Justin Huang
- Jessy Wu
- Adrian Petersen
- Alex Khor
- Nassim Taleb
- Simon Crowe
- Dr John Gottman
- Benjamin Franklin
- Wim Hof
- Bryan Johnson
- Andrew Huberman
- Peter Attia
- Alex Zatarain
- Ed Hooper
- Fab Mackojc
- Mark Woodland
- Luke Anear
Companies mentioned
- Airwallex
- Seek
- Salesforce
- Amazon
- Eight Sleep
- Kismet
- SafetyCulture
- Borders Books
- Bill & Melinda Gates Foundation
- GXE
- Flying Fox Ventures
- Ten13
- Afterwork Ventures
- B2 Venture
- Foodspring
- Connect Education
- Pokéd
- Chipotle
- Guzman y Gomez
- Mad Mex
- Lucas Group
- Messina
- Fitbit
Feedback/connect/say hello:
Rohit@startupplaybook.co
@RohitBhargava7 (Twitter)
/rohbhargava (LinkedIn)
@rohit_bhargava (Instagram)
My Youtube Channel
Credits:
Music: Paycheck
Other channels:
Find all of the links for the podcast on Linktree here
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