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What It Takes to Be Entrepreneur - With The Chair of Cambridge Angels Pam Garside

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On this episode of the Woman Self Made Podcast, Marina talks to Healthtech Entrepreneur, Author, Professor at Imperial College Business School and fellow at the Judge Business School at the University of Cambridge, Pam Garside. Pam is also a board member of and advisor to a number of companies and private entities in the public sector and an active angel investor herself as well as the first female chair of Cambridge Angels, a leading UK business angel network.

TOPICS DISCUSSED

  • The importance of a good education.
  • Getting into technology in health.
  • The differences between the public and private sectors.
  • What it takes to become a successful business founder.
  • What makes a good entrepreneur, for good or bad.
  • What sets HealthTech founders apart from an investor.
  • Women in the investment and founder spaces.
  • The importance of having mentors.
  • Her best piece of advice to women applying for jobs.
  • What success means to Pam.
  • Failures, how to deal with them, and what they taught her.
  • Tips and routines to help with success and productivity.
  • Managing work/life balance.
  • How she would save the NHS and the healthcare sector.

BEST BITS
‘I nearly did a PhD and I’m so glad I didn’t, I wouldn’t have been very good at research as an extrovert, I wouldn’t have been good at it. But I really like teaching young people in the business school in Cambridge because I bring the real world in.’
‘Doctors think they can do everything, they’re very smart people, but some people can’t bear the risk of entrepreneurship, they prefer the comfort of the corporate or public sector environment, which is much more stable..’
‘Apparently, 7% of entrepreneurs are slightly crazy. I would say Elon Musk – hugely talented – Jeff Bezos, Mark Zuckerberg, Richard Branson are hugely successful but on the edge of doing crazy stuff. Sometimes it works and sometimes it doesn’t. I think entrepreneurs have to deal with their egos quite a lot, but they have to passionately believe in what they do to get them where they want to be.’
‘The “not another one of those” areas at the moment are mental health apps, wellness apps, menopause, fertility, etc. It’s difficult to say those spaces are overcrowded because they are so important. Underserved areas include male infertility and SpermTech (although it’s being better served), and helping to reform public sector services (software).’

ABOUT THE GUEST
Pam Garside has had a career in health care systems and digital health in the UK and internationally and is an angel investor in early-stage health tech companies. She is a Fellow of the Judge Business School of the University of Cambridge and a member of the Investment Committee of Cambridge Enterprise, the technology transfer company of the University. Pam founded and co-chairs The Cambridge Health Network, is Chairman of Cambridge Angels investment group and sits on the board of Crown Place Venture Capital Trust.
LinkedIn: https://www.linkedin.com/in/pam-garside-9018b55/ 

ABOUT THE PODCAST
Woman Self Made podcast brings you interviews with hugely successful women from all walks of life, world renowned business leaders, disruptive entrepreneurs, world class athletes, self-made multi-millionaires, entertainment and TV personalities. In these conversations we dive into their unique stories with an aim to deconstruct their secrets for success. We talk about their journeys, ups and down, while distilling along the way the habits, tools, tactics and tips, which you can learn and use.

ABOUT THE HOST
Marina Bennett had a high-flying international career in strategy and finance, and in 2019 she decided to leave her £300k/year City job to take entrepreneurial plunge from scratch. She is now a multiple business owner on the way to her first 7 figures. Marina is also a founder of Woman. Self-made. (@womanselfmade.inc) - an online community of confident, ambitious women who want to achieve success and live the lives of their dreams.

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