123: Perfect | Deborah Brock and Nua Fertility
Deborah Brock, founder and CEO of Nua Fertility, joins the show to share her story on the origins of Nua Fertility in Ireland, why it made so much sense to add in educational elements and a community ethos to the value proposition, finding global partners….and rugby as an analogy for startup life!
MoneyNeverSleeps is sponsored by PAT Fintech, the training partner that demystifies fintech and digital finance for financial services professionals.
Deborah spent 15 years in the non-profit and education sectors, and then after her own experience with solving infertility, was inspired to start Nua Fertility in 2017. Nua Fertility launched its first product in 2020, NuaBiome for Women, which is the first-of-its-kind, natural pre-natal fertility supplement specially developed to help support female fertility.
HIGHLIGHTS:
On launching her own business: “When you've been through fertility treatments, you suddenly have a PhD in fertility because you go from one extreme to the other. It just naturally led me into thinking about moving into the space as an entrepreneur. I hear a lot of people talking about, ‘I always wanted to start my own business,’ but that wasn't me. I happened to fall into this because I wanted to be able to help others.”
On getting started: “So I approached Enterprise Ireland and I applied for an innovation voucher and rocked down to Cork to APC Microbiome, one of the biggest research centers in the world. I went into them and said, ‘I think there's this connection here between the gut microbiome and fertility’. We started looking at an R&D partnership, then product development, and that's where our first proprietary product was born.”
On making it real: “The first thing was to find a manufacturer who wanted to take me on. I was approaching people as an unknown startup with a product formulation that potentially hadn't been looked at before and I had to get them to buy in, and it’s a big jump.
On the pushback: “I kept getting told in the beginning ‘you're going into a really saturated market, you’re playing with these big sharks,’ and I’m hearing this nonstop. It used to drive me mad to the point where I'd say, ‘Yes, I recognize that there are lots of players, and there are big sharks, but I am a small fish that can swim very, very fast. It's going to be okay.” We could adapt and do things that large organizations couldn't do.”
On how there’s no easy answer: “There isn't a magic doctor. There isn't a magic pill. There isn't a magic clinic that's going to get you pregnant. But what there is, is being able to support yourself, be armed with information and education.”
On prioritizing as an entrepreneur: “You have to be thinking constantly about visibility and credibility. If what we're doing doesn't drive either of those, they get dropped. Because it's wasting my time.”
On having global ambitions: “Here’s me with my big ambitions, big ideas. You still have to crawl before you run the marathon though. I put myself back into that box constantly, being realistic about where we are as a company, how we are growing and how to do that with a very measured approach.”
On thinking about investors: “We’d like to find somebody who's going to add that extra value, work with us in a mentorship capacity - someone who will invest in us, but also believes in what we’re doing.”
Episode title inspired by Perfect To Me by Anne Marie
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00:00:06,100 --> 00:00:09,000
Hey there, I'm Pete Townsend,
and this is money, never sleeps.
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We look inside the minds of
entrepreneurs, and at the
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crossover of startups,
Enterprise Finance, technology
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and Life.
As We Know It, This episode of
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money.
Never sleeps is sponsored by p80
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fintech training partner that
demystifies fintech and digital
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Finance for financial services
professionals on the show.
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This week, we've got Deborah
Brock.
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I am Deborah Brock, and I'm
founder, and CEO of new.
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Naruto see sharing her story on
the origins of new, a fertility
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here in Ireland.
Why it made so much sense to
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adding educational elements in a
community, ethos to the value
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proposition, finding Global
Partners and bringing new a
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fertility to market during the
year.
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That was 2020.
All right here on money.
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Never sleeps.
Why don't you tell us your back
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story?
How you got to this point?
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Connecting the dots really from
your time and nonprofit in the
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educational sector, really up to
founding new of fertility and
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how that happened.
So, I suppose, I guess for me,
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I've always worked with people
and communities.
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So that was my biggest thing.
I study sociology, and then fell
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into education after that.
So, I'm always curious about
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solving problems, such as
sociologists would look at what
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I look at the world.
And people and it was really,
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really, really lucky.
Honestly, my early career I got
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to work with some amazing
communities and People
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supporting them.
So, a lot of our work was around
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poverty and how we can support
people out of poverty, and I
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love this.
I absolutely loved us and I like
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a lot of people.
Well, not like a lot of people,
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but I met my soul mate.
I got married and thought I was
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gonna have a baby and it didn't
happen.
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So and let that didn't happen
was, it was a bit of a shock I
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suddenly got thrown into this
world of infertility, which I
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never knew even existed.
And I suppose from that then
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that onto our own personal.
Her own person story of trying
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for a baby.
So we got the news that we would
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never get pregnant naturally,
and it was delivered like that.
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It was delivered really likely
you won't get pregnant
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naturally.
So we went to the clinic and
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when we mess with different
doctors, we were never actually
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asked what we were doing in our
own life.
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We were never asked a better
lifestyle.
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We weren't asked about smoking
or alcohol or diets and
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nutrition.
It was all very medicalized.
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I was a very passive patient.
Aunt, which used to surprise me
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because I'm coming back quite
vocal about opinions and the
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world and other things.
And I don't mind challenging
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people.
But when it came to the doctor,
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it was like, nope.
They know what's best, you know?
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Yeah, select living in Ireland
for 15 years.
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I have noticed that time again,
where people are like, listen,
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the doctors word is the doctors
were.
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Yeah, they got to be right.
Yeah, we don't question know and
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you would think as well for us
because we've been through three
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failed Cycles, right?
There's this misconception I
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think that We'll have that when
you go through IVF or XE like we
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did that.
You just walk away afterwards
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with a baby.
That's not what happens at all.
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It's such a hard journey.
I think it wasn't really until
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we move clinics that we suddenly
went, hang on a minute, you
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know, the penny dropped that.
We've really big role to play
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in, trying for a baby along with
science, and we met the most
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amazing and Progressive doctor.
And we changed our, our whole
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outlook.
We looked at our nutrition.
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We looked at our lifestyle and
we made substantial changes.
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And because of that, we had a
really successful round and
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we're now blessed with the most
beautiful hul daughter from
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that.
So, I also what I say to people
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is going from a passive patient
and when you've been through
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fertility treatments, people
will save this.
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You suddenly then have a PhD in
fertility, because you go from
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one end of the extreme to the
other.
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And and that is, of course,
through us, you know, researched
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everything.
And I suppose my sister would
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always say about us growing up
that I was nosy, but I actually
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call it that.
I'm just really curious.
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And I like research, like I
absolutely love it, right?
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So I love reading science,
journals research Journal so I
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was constantly doing that anyway
for our own fraternity house
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because I like women dreams of
new research that came out to my
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doctor and say, how do you seen
this?
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What do you think about this?
And she said, and listen and
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basically laugh at me and but it
paid off because I suppose that
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got me really thinking in this
whole world of fertility, and
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fertility, health, and other
people who are going through
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their journey and struggles, and
because my background was in
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community and people and always
wanting to help, Help it just
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naturally led me into thinking
about moving into the spaces and
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entrepreneur.
Like I hear a lot of people
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talking about, oh, you know,
always wanted to own my own
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business and that wasn't for me.
I happened to fall into that
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because I wanted to be able to
support others.
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That's really interesting going
through that experience but this
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natural helpfulness there which
you find that a lot of
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entrepreneurs, right?
That there is a problem to
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solve, you're not the only one
with the problem.
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There's going to be other people
with that problem.
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Me want to help them solve that
problem?
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Yeah, right.
Tell us about the new fertility
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business, how you got it?
Started and kind of what you're
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thinking about in terms of
longer-term vision of the
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business.
Yeah, I mean, I think when it
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one of the biggest things for me
was this aha moment where part
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of my research and reading, I
suddenly stumbled upon the
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microbiome or ice and, and most
people, when they talk hear me
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talking the same, the micro wash
that you're talking about, Good
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Health, you're talking about
vagina microbiome, you're
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talking about what?
Has that got to do with your
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fertility?
Well, it's got a loss to do it,
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actually.
And it's a huge new area of
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research that's up and coming.
And for me, I just got excited.
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I mean, I read it, I read it
this piece that it was you know
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the GI tract is the size of two.
Tennis courts, right to tanks.
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Okay.
Wow.
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And when you get exactly what do
you think of that you suddenly
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go come on.
Of course this has to have an
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effect on your overall health
and wellness but also your
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fertility help.
So to me that was just
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astounding and at the time It's
really great that anyway feeling
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around.
We got a lot of entrepreneurial
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supports through the likes of
Enterprise are islands and and
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the Leo's.
So I approached a I and I
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applied for an innovation
voucher and I'm a goddess and I
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rocked down to Cork to ABC
microbiome.
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So they're one of the biggest
Resource Centers in the world.
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They've got top 10 researchers
when it comes to the microbiome
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and they're just unreal like
amazing.
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So I went into them.
So I think there is this
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connection here between In the
gut, microbiome and fertility.
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Let's start looking at a piece
of death research to hopefully,
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then move into an orange, a
partnership as we went along.
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And that's when it started, then
we started looking at product
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development and that's where
newer for women are first.
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Proprietary product was born.
So essentially we developed it's
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a first-of-its-kind fertility,
supplements for men and women
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who are trying for baby, which
contains vitamins minerals and
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good bacteria.
So, the live bacterial strains
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combined, with the others, So it
is the first of its kind on the
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market at the moment.
Okay.
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You proud of that.
It's my formulation with patent
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pending on us.
Yeah.
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It's been a labor of love to get
to that point when you start
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talking about a prototype,
right, when it's a tech startup
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in you're talking about building
a wireframe and pulling
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together, some slide, we're
making it look like you got
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something there but it's just
images to get people interested
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in what you're doing.
How did you actually come up
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with a prototype of a
supplement?
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When I went through some of the
entrepreneurial programs, a lot
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of them were all Tech as well,
so you can see their process is
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where they were getting to like
a see it.
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Then I'm like, wow.
But I have to have run, like, I
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have to get manufactured.
Now, I have to get a pilot run,
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I have to oh my God, we're how
am I gonna do that?
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You know, that just really led
into that.
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We have to do that.
You know, we weren't like others
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who couldn't be everybody's to
talk about be extremely lean,
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you know and a lot of my Listen,
I'd watched my God, not that.
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What they're doing is easy
because it accidently wasn't,
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but I knew, I had to have a
pilot run.
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I had to have no batch of our
product, so which meant I'm
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going to have to have a lot of
capital to be able to do this,
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but firstly really, to find a
manufacturer who wanted to take
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you on.
When you think about it, the
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time for me, I was approaching
people as an unknown company, a
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startup.
So, new brand new products, the
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product formulation the
potentially hadn't.
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We looked at before and I had to
get them to buy in and then the
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with me so yeah it's a jump,
it's definitely a jump but I can
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hear the determination in your
voice.
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Oh yeah.
In terms of okay, I've got a
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problem to solve.
I want to help others solve it
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as well.
Get what is effectively a
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prototype going and is that just
all right Rock up to a global
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manufacturer Rock up to a
distributor and say hey here's
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the recipe.
You know, can you do this for
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me?
We had a guy.
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Call Dean Klatt on from see golf
couple years ago and he is doing
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golf balls, right reverse
engineering golf balls for
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Supreme performance.
He basically said he found a
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manufacturer.
He had developed a formula for
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golf ball that was going to work
better than anything else and
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said, hey, you know, can you
build this for me?
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And he was all about design and
all about the engineering side
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of it, the scientific side of it
and found someone to actually do
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the building in the
manufacturing of them.
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It is it along those lines that
you've approached it.
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Is this one logic jump too far?
No, you're absolutely right?
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I mean, obviously we had to
working with ABC microbiome at
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the beginning as well.
And looking at the concept of
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the idea and where it's going,
and they did a lot of that death
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research for us prior to that.
But then it really was a case of
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in at the moment for us as well
in Ireland.
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I couldn't get a manufacturing
around so that was the first
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kind of hurdle you'd want to
automatically go to an Irish
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company.
But we couldn't find one here
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because obviously we're dealing
with Life bacterial strains and
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they was in a manufacturing
plant that would have that.
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But also for me is well it
wasn't a case of just choosing a
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manufacturer wanted to choose a
manufacturer that had as a
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research and development is the
heart of them as well that had
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education because that's really
key to what we're trying to do.
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So I wanted to try and align
ourselves with the company that
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was like that and I suppose I,
you know, it sounds funny.
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I know I wanted to align
ourselves, you know, we had
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nothing but go big.
Yeah.
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Well, Look, I hope, you know, I
kept getting told in the
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beginning.
Well gosh, you're going into
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really, really saturated Market
your plate with these big sharks
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big players.
Right now just capturing this
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Non-Stop and it used to drive me
mad to the point where I go.
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Yes, I recognize that there are
lots of players.
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00:10:47,600 --> 00:10:51,300
Yes, that I recognize, there are
big sharks, but I am a small
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fish that can swim very, very,
very fast.
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We're going to be okay.
And that was, you see my
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response all the time?
Because, you know, we can
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identify We could adopt we could
do things that large
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organizations couldn't do.
And that was a really big help
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because I think when I
approached and manufacturers and
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I approached a global
manufacturer, I approach to put
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a few of them, it was a case of
picking up the phone and talking
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them.
Through speaking to their
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scientists, the formulation
chemists working with the
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microbiologists going through a
formulation coming back and
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forth, but then getting them to
buy into us.
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You know, I had to show them
that this was so unique.
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Our product is so Different.
It's also in their interest to
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do something slightly different
and because they had never done
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this either.
So they've got, they were
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intrigued and the project kind
of sparked their interest.
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Then obviously from a logical
point of view, they need to look
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at it.
Make sure that we can Finance it
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and we are who we are, you know,
our future production runs are
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going to be there and we can we
can we can manage that and I had
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to sell that to them.
Say yes, we are, we have Global
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ambition.
You know, we are looking
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potentially down the line and to
the Chinese Australian markets.
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So You know, say don't worry,
we're going to be here and then
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I hacked.
It was really a case of making
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sure that I believed myself.
You know, I used to talk myself
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up before every call and I used
to kind of remind myself.
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Look you've done this.
You take the leaf, you left a
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job.
You love you.
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Absolutely love what you're
doing.
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You're well able, they're there.
They're bound to want you.
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Do you think has helped hugely?
Because haven't been on the
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personal Journey, effectively
understanding it from the End,
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customer point of view.
Did that help with those?
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Conversations.
Like you done the research from
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a personal point of view?
So you weren't just someone who
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had come across this potential
opportunity, you understood in
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huge detail which is why they
brought them around to why they
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should work with you.
Yeah it's massively did.
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Yeah I have to say and even from
a manufacturer, I mean one of
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the first things I got back
after our first conversation was
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heated was so energized after a
conversation because your
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passion just runs through, I can
really see where you're going
260
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with this so they can see this
and everybody keeps telling us
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you know to pass And Brandon and
the really believe in it.
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Because, you know, at the other
end, I am my own consumer and I
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want to be really mindful of
people are going through these
264
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struggles and their Journey.
It isn't easy at all.
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You know you have to be really
careful in what you're doing and
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you can't make promises either
that's to be so certain because
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you know, one of the things I
always said is there isn't a
268
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magic doctor.
There isn't a magic pill.
269
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There isn't a magic Clinic
that's going to get you pregnant
270
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but what there is is being able
to support yourself.
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Be the armed with information
and education, a huge part of
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our business and our company of
what we want to do is Community
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Education and our product
because that's what we really
274
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truly believe in.
You know like really supporting
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people on their Journey as best
as we can providing with the
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education information and
supports the third that
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basically that you're armed and
informed about your fertility
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Health out of 100 couples, 80 of
those will successfully be
279
00:13:56,400 --> 00:14:00,800
pregnant after a year so it's
about a 25. 20% chance of
280
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getting pregnant in any given
month, if you are a healthy
281
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couple.
So it's that window is really,
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really small, but because I
suppose growing up or your Early
283
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Education and school or even
true throughout your college
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life.
We were always told you will get
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pregnant.
If you touch somebody.
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You know, you that that is just
magically happens, you know, so
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suddenly then, when you actually
tell your body, I'm ready.
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I want to get pregnant and then
your body goes up there.
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00:14:28,100 --> 00:14:29,600
You're going to have on hand of
these toes.
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Before you.
So this should just happen, why
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isn't it?
And I think for me, it's really
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important to be able to do that
and support people to show them
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that their future for Tennessee.
Because you know, if I had known
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the issues, we were going to
have at 28 and then obviously,
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by the time I was 22, but I did
go through all that treatment
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and what it started with my
husband earlier, I would have
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known them, the challenges that
we had, but I may act in this
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vocal that a lot of us still
live in, which is a lovely
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purple if you can be, but it's
just maybe.
300
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Making sure that you're armed
with that information, you know?
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And I always believed that, if
you're informed, you can make
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your choices yourself, right?
You can make ejected choices if
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you are informed.
So that's what we want to do.
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It near fatality is creating
that space to do that.
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I suppose the flip side, maybe
it's a passion project.
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Everything is built on your own
experience and and a passion
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that you put into it.
Have you found then on your
308
00:15:25,600 --> 00:15:28,500
journey then as a founder and
CEO as you've built this and has
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that been a detriment of?
At times that kind of passion or
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00:15:31,200 --> 00:15:33,500
have you learned different
skills as you've developed as
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00:15:33,500 --> 00:15:36,300
the entrepreneur then to say,
well actually maybe too much
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passion at times, hasn't been
helpful.
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Yeah, I've absolutely learned
when to hold back.
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Yeah, I think.
But I think that's as an
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entrepreneur, we all learn those
skills.
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I think as you grow along, like
each new Milestone, you hit that
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you suddenly grow for the next
stage beyond the Elio funding
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and the EI funding.
What has been the Approach that
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00:16:00,200 --> 00:16:04,500
you've taken to funding new of
fertility beyond the earliest
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00:16:04,500 --> 00:16:07,000
investments in Grant?
Yeah, I mean, it was like up my
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00:16:07,000 --> 00:16:10,000
biggest thing I was from the
beginning was and make sure that
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you get the Leo resources that
are there.
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00:16:12,000 --> 00:16:14,800
First and foremost, I don't
think people take that as
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serious, as they can because
you've got the feasibility G to
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00:16:18,500 --> 00:16:21,100
the priming ground to this
expansion before you even move
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in anywhere, near Enterprise
Ireland.
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00:16:22,600 --> 00:16:25,900
Because I think a lot of people
forget about the grants, so
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you're not giving away any
equity and you're still being
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able to finance.
Quite well.
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00:16:30,500 --> 00:16:32,200
So we did that with our
wickedly.
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Oh, and they were amazing
amazing to us.
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We're on the cusp of of Eli and
HKS.
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00:16:38,200 --> 00:16:41,300
You so the only life's ones
we've actually got was the to
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00:16:41,300 --> 00:16:42,700
Innovation Ventures at the
beginning.
335
00:16:42,700 --> 00:16:45,500
We haven't touched, okay?
I'll since then, and then on my
336
00:16:45,500 --> 00:16:49,000
own private investment from
ourselves, our personal, and
337
00:16:49,000 --> 00:16:51,400
then it's more nerve-wracking
than through family.
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00:16:51,400 --> 00:16:54,200
So we haven't done anything yet.
We are they see here?
339
00:16:54,200 --> 00:16:58,100
We're going to embark on our
next kind of funding round, but
340
00:16:58,100 --> 00:17:02,000
we haven't had to be want to do.
Try to get as far as we could
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00:17:02,000 --> 00:17:03,900
without having to do that.
If that makes sense.
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00:17:03,900 --> 00:17:08,000
You know, we had the like to be
able to enable us to do that.
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00:17:08,300 --> 00:17:11,200
I suppose I've got had really
great mentors as well.
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00:17:11,599 --> 00:17:14,300
Along this journey.
I mean again it comes back to me
345
00:17:14,700 --> 00:17:17,400
talking about education but I
really do believe, arming
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yourself with people around, you
asking them for help and then
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00:17:21,800 --> 00:17:24,300
learning from them, you know,
not just asking and going away
348
00:17:24,300 --> 00:17:26,599
not doing anything with it,
like, literally really listening
349
00:17:26,599 --> 00:17:27,800
to what these people are telling
you.
350
00:17:27,800 --> 00:17:29,500
They've been on this journey,
they may be over.
351
00:17:29,600 --> 00:17:31,300
Mistakes.
Why am I going to go and make
352
00:17:31,300 --> 00:17:34,600
the same ones?
Absolutely not and the Irish
353
00:17:34,700 --> 00:17:38,800
ecosystem here of entrepreneurs
and people wanting to again it's
354
00:17:38,800 --> 00:17:42,700
that wanting to help and be
helpful is amazing.
355
00:17:42,700 --> 00:17:45,500
Like people aren't have no
problem with you just reach in
356
00:17:45,500 --> 00:17:47,900
Arlington and saying, can I ask,
how did you do this?
357
00:17:47,900 --> 00:17:51,000
I saw you did, maybe grip
crowdfunding or use this could.
358
00:17:51,000 --> 00:17:53,400
What was your experience?
Yeah, no problem.
359
00:17:53,400 --> 00:17:56,800
Let's chat.
You know, so that was really
360
00:17:56,800 --> 00:17:58,400
good.
Are you looking to take further
361
00:17:58,400 --> 00:18:00,800
steps with that?
And how Do you want this to get
362
00:18:01,200 --> 00:18:05,600
pretty big?
Okay, well, pretty big in the
363
00:18:05,600 --> 00:18:07,600
sense of this morning.
I just had a 7 a.m.
364
00:18:07,600 --> 00:18:12,300
Zoom Cole with the distributor
in Australia, who looking at our
365
00:18:12,500 --> 00:18:14,600
growth strategy for China
Australia.
366
00:18:14,600 --> 00:18:19,500
So, so yeah, pretty big.
We need to have to consider, as
367
00:18:19,500 --> 00:18:21,300
well as like, if I take it back
a little bit as well.
368
00:18:21,300 --> 00:18:23,800
Like, we've, we launched last
year.
369
00:18:23,800 --> 00:18:27,300
And obviously, you know, during
the middle of the pandemic, we
370
00:18:27,300 --> 00:18:31,000
were originally supposed to have
Lon Just around April, but we'd
371
00:18:31,000 --> 00:18:34,600
had seen quite a few
manufacturing setbacks, which we
372
00:18:34,600 --> 00:18:36,500
knew were going to happen.
Because I think at the beginning
373
00:18:36,500 --> 00:18:38,900
of this journey, again,
everybody tells you takes twice
374
00:18:38,900 --> 00:18:41,800
as long twice as much.
And I always remember saying to
375
00:18:41,808 --> 00:18:46,000
myself, my dad is a builder and
I always thought, okay, this is
376
00:18:46,000 --> 00:18:50,200
like having a new house project.
They always cost more and they
377
00:18:50,200 --> 00:18:53,100
always take longer.
So, just keep putting that in
378
00:18:53,100 --> 00:18:56,200
your head and you don't get
stressed about us and it sounds
379
00:18:56,200 --> 00:18:58,600
silly, but it did help me.
And it worked for me, I kept
380
00:18:58,600 --> 00:19:00,900
envisioning the With my new, my
new house.
381
00:19:01,300 --> 00:19:04,200
So we ended up then we launched
in August.
382
00:19:04,200 --> 00:19:07,500
So any August of last year and
started selling online.
383
00:19:07,500 --> 00:19:10,000
So we've obviously an e-commerce
website.
384
00:19:10,100 --> 00:19:13,700
And we've been gone from
strength to strength, we secured
385
00:19:13,700 --> 00:19:17,200
our first IVF clinic this week,
which is called first IV.
386
00:19:17,200 --> 00:19:20,500
After a brand new Clinic is
opened with a whole set.
387
00:19:20,500 --> 00:19:24,100
A distribution deal here in
Ireland with Whole Foods.
388
00:19:24,100 --> 00:19:26,000
We have another distribution in
Northern Ireland.
389
00:19:26,000 --> 00:19:28,600
We are in talks, and I would a
UK distributor.
390
00:19:28,700 --> 00:19:30,900
And we've just Set up on Amazon
as well.
391
00:19:30,900 --> 00:19:36,200
So we're kind of pretty busy,
so, I bet, yeah, yeah, and how
392
00:19:36,200 --> 00:19:39,600
many people in the team now?
So now the team has grown to
393
00:19:39,600 --> 00:19:43,000
three full-time staff, members,
and two part-time.
394
00:19:43,600 --> 00:19:48,200
And I think, you know, our team
have to say of everything that's
395
00:19:48,200 --> 00:19:51,700
about this company.
The team is what's holding
396
00:19:51,700 --> 00:19:54,000
together.
It's our infrastructure, I have
397
00:19:54,000 --> 00:19:56,800
the most amazing team.
We work.
398
00:19:56,800 --> 00:20:01,400
Collectively together, we joke.
Like a family, we kill each
399
00:20:01,400 --> 00:20:04,100
other.
We argue, we tease things, eyes,
400
00:20:04,500 --> 00:20:09,200
we joke, we slag each other, but
it works, because we've all got
401
00:20:09,200 --> 00:20:11,800
the same value system.
We've got the same vision of
402
00:20:11,800 --> 00:20:15,100
where we want the company to go.
And we've got the same belief in
403
00:20:15,100 --> 00:20:17,000
education and community and the
product.
404
00:20:17,000 --> 00:20:20,600
So I mean that Mary's and works
and I wouldn't I wouldn't we
405
00:20:20,600 --> 00:20:23,600
wouldn't have anything or where
we've gotten to your like, that
406
00:20:23,600 --> 00:20:26,600
team.
Yeah, it really interesting and
407
00:20:26,600 --> 00:20:29,400
having done that and getting
live during the pandemic.
408
00:20:29,600 --> 00:20:32,300
All right, talk to a lot of
companies were like, well, we
409
00:20:32,300 --> 00:20:35,300
had to shift gears.
We had to talk to people about,
410
00:20:35,300 --> 00:20:37,900
obviously, a different way of
working, when working from home
411
00:20:37,900 --> 00:20:40,900
or working remotely putting
these new tools and processes in
412
00:20:40,900 --> 00:20:45,000
place, but it sounds like
launching right in the middle of
413
00:20:45,000 --> 00:20:47,300
all of this.
That was the status quo.
414
00:20:47,300 --> 00:20:49,500
That's how you did things.
What can you tell us?
415
00:20:49,500 --> 00:20:52,500
How that work?
Yeah, it's like it absolutely is
416
00:20:52,500 --> 00:20:55,200
we've all been working remotely
and obviously, we have a new
417
00:20:55,200 --> 00:20:58,700
hire this year, which is, you
know, the in January and I do
418
00:20:58,700 --> 00:21:02,500
any math.
Hooray me through z or teams,
419
00:21:02,500 --> 00:21:06,000
we've never physically mess.
I had met her in August and
420
00:21:06,000 --> 00:21:08,700
she's dated small bits of
contract work for us and I
421
00:21:08,700 --> 00:21:10,600
remember our first meeting at
the end of it before we
422
00:21:10,600 --> 00:21:12,700
finished, I just said I'm just
letting you know, you're going
423
00:21:12,700 --> 00:21:15,000
to be working for me full-time.
And she's like she laughed.
424
00:21:15,000 --> 00:21:17,300
I said no, no, just just letting
you know you're working for
425
00:21:17,300 --> 00:21:17,900
this.
Yeah.
426
00:21:17,900 --> 00:21:22,000
Because she immediately aligned
with what we were doing, you
427
00:21:22,000 --> 00:21:25,800
know, you an excuse the pun, but
that good feeling about
428
00:21:25,800 --> 00:21:26,600
somebody.
Yeah.
429
00:21:26,700 --> 00:21:29,300
And I think I go with that
always and always have done.
430
00:21:29,600 --> 00:21:31,600
And so, she just fit it in
brilliantly.
431
00:21:31,700 --> 00:21:34,900
But I think the online
translation is I have to say
432
00:21:34,900 --> 00:21:37,200
like for us has been really
amazing because, you know,
433
00:21:37,200 --> 00:21:39,600
before Christmas, we did a
fertility form.
434
00:21:40,100 --> 00:21:43,300
So we brought experts together,
so fertility, doctors
435
00:21:43,300 --> 00:21:47,600
embryologists, reflexologist
acupuncture, cancers, just
436
00:21:47,600 --> 00:21:50,500
everybody and anybody who's in
this space and I think we'd back
437
00:21:50,500 --> 00:21:55,300
45 or so if we were to do that
in a live event or organize it,
438
00:21:55,300 --> 00:21:56,800
it just would never have
happened.
439
00:21:56,900 --> 00:22:01,400
But it organically came together
with all these People on Zoom
440
00:22:01,600 --> 00:22:04,200
really easily, who wanted engage
with each other.
441
00:22:04,200 --> 00:22:06,400
You have to be thinking
constantly about visibility and
442
00:22:06,400 --> 00:22:08,700
credibility.
So they're my two to Mattress
443
00:22:08,700 --> 00:22:10,400
that I just kind of keep going
by.
444
00:22:10,600 --> 00:22:13,300
If like, we're just doing
doesn't drive either of those,
445
00:22:13,300 --> 00:22:15,900
their get dropped, because it's
very quiet time.
446
00:22:16,500 --> 00:22:19,000
And so, for me, that is a lot
about The credibility was always
447
00:22:19,000 --> 00:22:22,000
this to build a Advisory Group
and advisor into.
448
00:22:22,100 --> 00:22:26,500
So we have people who are in
Northern Ireland, the UK,
449
00:22:26,500 --> 00:22:29,400
Australia, Dubai, who can come
together.
450
00:22:29,500 --> 00:22:33,000
Whether to support newer
facility and how tribe forward?
451
00:22:33,100 --> 00:22:36,300
I don't think that would have
happened if we were in the
452
00:22:36,300 --> 00:22:38,800
situation we're in.
Now with that transition to
453
00:22:38,800 --> 00:22:43,700
online working and it's really
being again, another backbone to
454
00:22:43,700 --> 00:22:46,500
what we've been doing.
And I listen to each of those,
455
00:22:46,500 --> 00:22:49,500
those individuals, you know,
because they're the experts.
456
00:22:49,700 --> 00:22:53,600
So my job is to listen to them
and get get that support and
457
00:22:53,600 --> 00:22:57,700
direction.
This episode of money never
458
00:22:57,700 --> 00:23:01,200
sleeps sponsored by p80 fintech
demystifying, fintech and
459
00:23:01,200 --> 00:23:03,500
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services professionals.
460
00:23:04,100 --> 00:23:07,100
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461
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462
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programs geared towards those.
463
00:23:13,200 --> 00:23:16,600
It can develop deliver and
monitor optimally customized
464
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465
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and oversight to learn more
about p80 fintech.
466
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Go to money, never sleeps. .I e,
/p 80.
467
00:23:26,300 --> 00:23:32,500
In Tech.
I suppose does it create a
468
00:23:32,500 --> 00:23:36,500
challenge as to how you maybe
look to position this product
469
00:23:36,500 --> 00:23:38,000
because there's all the
different people that you've
470
00:23:38,000 --> 00:23:40,900
mentioned there.
And like I said, when you're
471
00:23:40,900 --> 00:23:43,700
talking about education and
maybe for people who haven't
472
00:23:43,700 --> 00:23:46,100
even thought about the Journey
of getting pregnant and they're
473
00:23:46,100 --> 00:23:48,600
thinking that it's years away.
But actually, you know, maybe
474
00:23:48,600 --> 00:23:51,600
this is a product that is of
benefit to them, well, ahead of
475
00:23:51,600 --> 00:23:54,600
time but there's probably an
immediate need of customers but
476
00:23:54,600 --> 00:23:57,000
then there's customers that
don't Even know, they could be
477
00:23:57,000 --> 00:23:58,300
customers.
Yes.
478
00:23:58,300 --> 00:24:01,100
If you know what I mean, how are
you going to strike that balance
479
00:24:01,100 --> 00:24:04,200
between, how you may be
positioned as a fertility
480
00:24:04,200 --> 00:24:05,400
product?
Versus this?
481
00:24:05,400 --> 00:24:08,500
Could be a real benefit to you
for that time in the future?
482
00:24:08,600 --> 00:24:11,600
Yeah, I mean, I suppose, to
through our marketing efforts
483
00:24:11,600 --> 00:24:13,100
and how we kind of segmented
people.
484
00:24:13,100 --> 00:24:16,500
I see if you hit it on the head,
we how we do this, we put it
485
00:24:16,500 --> 00:24:19,700
into the, are you thinking
planning or trying?
486
00:24:20,100 --> 00:24:22,800
So thinking could be your future
for Tennessee?
487
00:24:22,800 --> 00:24:24,900
So, you're thinking about your
futures for Tennessee, you're
488
00:24:24,900 --> 00:24:27,500
thinking about your health now,
You're thinking about what
489
00:24:27,500 --> 00:24:29,600
that's going to look like and
you being educated around.
490
00:24:29,600 --> 00:24:33,600
And so our messaging and our key
pieces are very different to
491
00:24:33,600 --> 00:24:37,300
each of those customers in those
segments of that make sense and
492
00:24:37,300 --> 00:24:40,200
that helps us.
And I guess, you know, the
493
00:24:40,200 --> 00:24:42,500
immediate people are the ones
where, you know, there is an
494
00:24:42,500 --> 00:24:45,200
initial problem, and they want
to solve, and they're looking
495
00:24:45,200 --> 00:24:49,300
for that solution.
My big thing is and I'm really
496
00:24:49,300 --> 00:24:53,500
passionate about this as and I
go on and on and on about
497
00:24:53,500 --> 00:24:56,100
education, but I really do
believe that.
498
00:24:56,200 --> 00:24:59,400
That there's a bigger role that
can be played from the Irish
499
00:24:59,400 --> 00:25:01,500
government and from the
department and the type of
500
00:25:01,500 --> 00:25:03,600
educational programs that we
have in school.
501
00:25:03,600 --> 00:25:06,700
I just mean, I think we need to
open the conversations wider.
502
00:25:06,700 --> 00:25:08,200
We need to look at the
curriculum.
503
00:25:08,500 --> 00:25:10,900
We need to say guys.
Yeah.
504
00:25:11,000 --> 00:25:14,000
In a classroom of 30, you know,
you're talking about
505
00:25:14,000 --> 00:25:15,800
preventative measures which are
so important.
506
00:25:15,800 --> 00:25:20,000
You're talking about STDs.
So important, I get that.
507
00:25:20,000 --> 00:25:22,300
But you also need to educate
people.
508
00:25:22,300 --> 00:25:25,500
Those 30 people in the class of
potentially, four of them may
509
00:25:25,500 --> 00:25:27,500
have issues.
Future, you know.
510
00:25:27,500 --> 00:25:30,500
Oh yeah.
And for me, I'm really like when
511
00:25:30,500 --> 00:25:33,500
we look at that, there's so much
that we as a company do to
512
00:25:33,500 --> 00:25:35,700
really support that side of the
business.
513
00:25:36,000 --> 00:25:38,400
And I think as well, the other
side, when you look at in
514
00:25:38,400 --> 00:25:43,200
Ireland, we are washed where the
two countries in the EU that
515
00:25:43,200 --> 00:25:46,600
don't provide any fertility
supports for patients.
516
00:25:46,800 --> 00:25:50,900
So if you've been somebody who
has maybe growing up roping,
517
00:25:50,900 --> 00:25:54,100
born had undescended testes
which will affect your sperm
518
00:25:54,100 --> 00:25:56,000
count in the future.
That is a man.
519
00:25:56,200 --> 00:26:00,400
Medical condition, right?
The who defines infertility as a
520
00:26:00,400 --> 00:26:03,900
medical condition or if you've
been through maybe Cancer
521
00:26:03,900 --> 00:26:05,900
Treatments, there are some small
supports there.
522
00:26:05,900 --> 00:26:09,300
But other than that, you are not
entitled to any supports.
523
00:26:09,400 --> 00:26:12,700
So, you know, if you go in
tomorrow for your heart or
524
00:26:12,700 --> 00:26:15,200
anything else, you will get
support through up.
525
00:26:15,200 --> 00:26:18,000
Yeah system, but you don't for
fertility treatment.
526
00:26:18,700 --> 00:26:21,400
Do you see at all?
Because I've seen this with some
527
00:26:21,400 --> 00:26:25,600
of my friends and who shall not
be named but where, you know,
528
00:26:25,600 --> 00:26:30,800
that L pride of of course, I'm
okay, right?
529
00:26:30,800 --> 00:26:35,300
Why wouldn't I be okay, prevents
them from actually embracing a
530
00:26:35,300 --> 00:26:37,100
program or actually figuring
out.
531
00:26:37,100 --> 00:26:39,300
What's going on.
Is that a common Trend?
532
00:26:40,200 --> 00:26:42,800
I'm not sure.
I don't know if it's in the mail
533
00:26:42,800 --> 00:26:44,800
Miss of the masculinity that the
side of it.
534
00:26:44,800 --> 00:26:48,800
I do think there's been a common
Trend up until a few years ago
535
00:26:48,800 --> 00:26:51,600
where it was always the first
thing that even doctors would
536
00:26:51,600 --> 00:26:53,800
say is okay to female
investigations.
537
00:26:53,800 --> 00:26:57,700
You know when that's the mail
came to Parts the issues.
538
00:26:57,800 --> 00:27:01,100
So it wasn't as highlighted or
talk to base but when you look
539
00:27:01,100 --> 00:27:07,900
at it now it is 40%, female, 40
percent male and 20% undiagnosed
540
00:27:08,300 --> 00:27:10,300
rice.
So it is, yeah, I hope so.
541
00:27:10,300 --> 00:27:12,800
So good for Tennessee is equal
for genders.
542
00:27:13,000 --> 00:27:15,400
So this is, this is a serious
issue that's happening.
543
00:27:15,700 --> 00:27:17,800
And I think one of the bigger
things that's been coming down
544
00:27:17,800 --> 00:27:22,000
the line that really I think is
really scary for men is its lot
545
00:27:22,000 --> 00:27:25,500
in the last 40 years, you know
sperm count has dropped by half
546
00:27:25,500 --> 00:27:28,400
by 50%.
Don't I read that recently?
547
00:27:28,400 --> 00:27:30,800
Yeah, I thought I saw it was in
Wired Magazine or something was
548
00:27:30,800 --> 00:27:34,800
very powerful.
Yeah, yeah, I mean, it's that's
549
00:27:34,800 --> 00:27:36,800
the signs written scary enough
to scare people.
550
00:27:36,900 --> 00:27:39,200
You know, you don't want to, you
know, to push people to that,
551
00:27:39,300 --> 00:27:43,000
but it should make you open your
eyes and be a bit more aware of
552
00:27:43,000 --> 00:27:46,200
future, you know.
It did the whole Rod Stewart's
553
00:27:46,200 --> 00:27:50,100
thing, the whole age thing for
men, that doesn't exist, guys,
554
00:27:50,100 --> 00:27:54,500
like it actually, you did, you
do have a biological clock, you
555
00:27:54,500 --> 00:27:56,800
know?
So maybe if she she's, I think
556
00:27:56,800 --> 00:28:00,900
it's that awareness is why I
love being being really aware.
557
00:28:00,900 --> 00:28:02,800
But I mean, last week though is
that, I don't know if you've
558
00:28:02,800 --> 00:28:06,600
comedian and the UK is in a big
campaign around male,
559
00:28:06,600 --> 00:28:08,400
infertility, awareness, and it's
brilliant.
560
00:28:08,400 --> 00:28:10,500
It's gone viral.
People are really talking about
561
00:28:10,500 --> 00:28:12,500
it.
Now there was another show, one
562
00:28:12,500 --> 00:28:15,600
of their love item guys.
I don't know him but he was
563
00:28:15,600 --> 00:28:18,500
doing these pieces around you
know, infertility male side and
564
00:28:18,500 --> 00:28:20,300
fertility that it because his
brother had gone through.
565
00:28:20,300 --> 00:28:23,900
Oh yeah, Chris Hughes and
follow, I follow on it.
566
00:28:26,600 --> 00:28:28,700
It's his highlighting to may be
in order.
567
00:28:28,900 --> 00:28:32,300
Yeah, absolutely may not have
thought about this, you know, so
568
00:28:32,300 --> 00:28:34,600
I think, you know, for us as a
company.
569
00:28:35,100 --> 00:28:39,300
These are all important things
that we have in our head that we
570
00:28:39,300 --> 00:28:41,800
want to be able to do because
they're key drivers.
571
00:28:42,100 --> 00:28:46,500
You know, if you even take out
of the social aspect, what that
572
00:28:46,500 --> 00:28:48,200
I took like.
When I talk about like that and
573
00:28:48,200 --> 00:28:52,100
you bring in the economic
aspects of it, globally, birth
574
00:28:52,100 --> 00:28:54,800
rates are dropping.
And for Tennessee is if it's one
575
00:28:54,800 --> 00:28:56,500
in age couples world.
Wide.
576
00:28:56,500 --> 00:28:58,700
It's the tending towards 1 and 4
and aren't.
577
00:28:58,700 --> 00:29:03,300
It's 1 in 6 in the UK.
Now, that is how is really
578
00:29:03,300 --> 00:29:06,900
shocking numbers and when you
think from even an economic
579
00:29:06,900 --> 00:29:09,700
point of view, I kind of looking
at well, who's going to be here
580
00:29:09,700 --> 00:29:13,300
for us when we get old?
He's, if we don't have that, we
581
00:29:13,300 --> 00:29:15,600
need to start thinking about our
Pocket Edition.
582
00:29:15,900 --> 00:29:19,400
Think about scaling globally,
Deborah, and applying that
583
00:29:19,400 --> 00:29:22,100
educational component to
different geographies, different
584
00:29:22,100 --> 00:29:24,600
markets, adapting that for
different markets.
585
00:29:24,600 --> 00:29:26,000
Yeah, that's going to be a
really interesting.
586
00:29:26,300 --> 00:29:30,100
Challenge to take on, isn't it?
It's definitely going to be very
587
00:29:30,100 --> 00:29:32,900
interesting.
When we look at, you know, in
588
00:29:32,900 --> 00:29:35,200
China in particular, it's a very
different ball game is a very
589
00:29:35,200 --> 00:29:39,100
different beast, but even from
our educational strategy and
590
00:29:39,100 --> 00:29:41,400
proposals, it needs to be
completely different.
591
00:29:41,400 --> 00:29:45,200
I mean, even even like I'm
marketing, there is so different
592
00:29:45,200 --> 00:29:49,200
and how they do things, you
know, in weibo WeChat everything
593
00:29:49,200 --> 00:29:52,800
is is done.
It's just very, very different.
594
00:29:52,800 --> 00:29:55,900
I mean, I remember I think it
was a channel in China.
595
00:29:56,100 --> 00:29:58,700
I don't know how well it did put
it this way, but it was called
596
00:29:58,700 --> 00:30:02,800
fertility UFO.
That will just give you an idea
597
00:30:02,800 --> 00:30:06,000
of the different style of video
marketing and messaging.
598
00:30:06,000 --> 00:30:06,900
Okay?
Yeah.
599
00:30:06,900 --> 00:30:10,000
So so it is interesting that I
think this is well, you know,
600
00:30:10,000 --> 00:30:13,300
you to be really Mindful and
respectful of other cultures to
601
00:30:13,400 --> 00:30:17,000
and that's something that, you
know, really taking on board.
602
00:30:17,000 --> 00:30:19,600
But the likes of saving
Australia are very similar to
603
00:30:19,600 --> 00:30:22,500
our land, which would be
globally similar to our
604
00:30:22,500 --> 00:30:27,100
education system, Australia,
Scotland, and Ireland In my old
605
00:30:27,100 --> 00:30:29,700
work would be where I would have
always looked for good practice
606
00:30:29,700 --> 00:30:34,100
so like looked for an education
or I come based programming.
607
00:30:34,300 --> 00:30:36,500
So in that way, it's good for
us.
608
00:30:37,200 --> 00:30:39,700
Yeah absolutely.
That that cultural parallel does
609
00:30:39,700 --> 00:30:44,100
help it strikes me that you have
more than just a normal kind of
610
00:30:44,100 --> 00:30:46,400
challenge, you know.
Obviously the companies that we
611
00:30:46,400 --> 00:30:48,900
talk to ourselves or even work
with but you have to find
612
00:30:48,900 --> 00:30:52,800
markets where people have been
brought on this journey by their
613
00:30:52,800 --> 00:30:57,200
government or by society as well
as As just trying to find people
614
00:30:57,200 --> 00:30:58,400
who are looking for this
product.
615
00:30:58,900 --> 00:31:03,000
You know, it's probably extra
layers of kind of complexity to,
616
00:31:03,100 --> 00:31:05,200
you know, going into a new
market that many people wouldn't
617
00:31:05,200 --> 00:31:08,100
have to face with it with a
different type of product B.
618
00:31:08,100 --> 00:31:11,400
But I I personally think it's
probably because I put those
619
00:31:11,400 --> 00:31:13,900
layers on because I'm interested
in policy.
620
00:31:14,000 --> 00:31:17,300
I'm interested in what cultures
doing I'm interested in watching
621
00:31:17,300 --> 00:31:18,200
his.
Yeah.
622
00:31:18,800 --> 00:31:21,500
So I have a feeling I have a lot
of that influence when it comes
623
00:31:21,500 --> 00:31:26,000
to those those those pieces but
I think again for us is that
624
00:31:26,100 --> 00:31:29,100
We're not a typical company and
I don't think we ever want to be
625
00:31:29,100 --> 00:31:31,800
a typical company.
You know, we're not just
626
00:31:31,800 --> 00:31:34,600
simplement supplier.
We're not just a fertility
627
00:31:34,600 --> 00:31:38,900
supplement, we want to be
different and it's always been
628
00:31:38,900 --> 00:31:43,300
in that DNA of ours to do that.
And, you know, to drive a Ford
629
00:31:43,300 --> 00:31:46,900
that when we talk about
Community Education, the
630
00:31:46,900 --> 00:31:50,400
products we really believe in
each of those pillars, you know?
631
00:31:50,600 --> 00:31:53,600
And the like I talked about the
research and development early
632
00:31:53,600 --> 00:31:55,900
and not very much, but that's a
really key.
633
00:31:56,100 --> 00:31:59,300
Key core part of us moving
forward and our future
634
00:31:59,300 --> 00:32:03,000
development, to hopefully try be
able to start some clinical
635
00:32:03,000 --> 00:32:05,100
trials, as well.
And that's where I want it
636
00:32:05,100 --> 00:32:08,600
really pushes us into.
And also, look at her own novel
637
00:32:08,600 --> 00:32:11,700
products trains that, you know,
we're developing and going want
638
00:32:11,700 --> 00:32:14,100
to move forward with a PC
microbiome.
639
00:32:14,100 --> 00:32:18,400
That's always been there.
But there's me with my these big
640
00:32:18,400 --> 00:32:24,200
Ambitions Big Ideas.
You still have to crawl before
641
00:32:24,200 --> 00:32:27,400
running a marathon Maybe.
Bunch of a little bed.
642
00:32:27,400 --> 00:32:32,000
I always, you know, I kind of
remind myself and put myself
643
00:32:32,000 --> 00:32:36,000
back into that box, constantly
Visionary thinking the head but
644
00:32:36,000 --> 00:32:39,000
then be very realistic about
where we are as a company.
645
00:32:39,000 --> 00:32:41,800
How we are growing, and how we
do that in a very measured
646
00:32:41,800 --> 00:32:45,700
approach, you know, I'm very
Mindful and for me, that's how
647
00:32:45,900 --> 00:32:50,200
we operate that I presume all of
that, probably Narrows down the
648
00:32:50,200 --> 00:32:52,900
likes of the companies, or the
people that you've been looking
649
00:32:52,900 --> 00:32:55,700
to raise funding from, there's
probably different categories of
650
00:32:55,700 --> 00:32:57,400
part.
Runners that you'd prefer based
651
00:32:57,400 --> 00:33:00,400
on what additional things they
can bring or companies they've
652
00:33:00,400 --> 00:33:03,100
supported in the past.
Yeah I mean I do I absolutely
653
00:33:03,100 --> 00:33:07,100
think you need to find somebody
who's going to add that extra
654
00:33:07,100 --> 00:33:09,300
value to you.
You need somebody he's going to
655
00:33:09,300 --> 00:33:12,000
guide you as well.
I like people who want to work
656
00:33:12,000 --> 00:33:15,000
with us in that mentorship
capacity and that they're
657
00:33:15,000 --> 00:33:17,400
invested in what you're doing.
And they believe in what you're
658
00:33:17,400 --> 00:33:19,500
doing.
I think for us what the
659
00:33:19,500 --> 00:33:22,400
challenge really usually, isn't
you mentioned earlier a lot more
660
00:33:22,400 --> 00:33:24,600
of your maybe people to come on
the podcast.
661
00:33:24,600 --> 00:33:29,200
Have you know, A key businesses
or fin, or SAS or whatever and
662
00:33:29,500 --> 00:33:32,700
we don't fit in any of those
models, you know, and they're
663
00:33:32,700 --> 00:33:36,100
lovely and glossy and not a lot
of people like, maybe
664
00:33:36,100 --> 00:33:39,700
potentially that's new products
and I think as well in the kind
665
00:33:39,700 --> 00:33:42,400
of Health space that were in,
they might get scared.
666
00:33:42,400 --> 00:33:45,400
Also that fertility because all
I do I know nothing about this.
667
00:33:45,400 --> 00:33:48,000
Maybe it's not for me.
I don't think that needs to be
668
00:33:48,000 --> 00:33:51,500
the case actually because you've
got a lot of us who know that
669
00:33:51,500 --> 00:33:55,400
space But he needs additional
pieces that you would bring that
670
00:33:55,400 --> 00:33:57,400
other skills.
It says that we don't have when
671
00:33:57,400 --> 00:34:00,100
you're looking at it,
overlooking an investor somebody
672
00:34:00,100 --> 00:34:03,200
wants to come on as an advisor
or even people who were working
673
00:34:03,200 --> 00:34:05,300
with Dublin.
Big have been amazing for us as
674
00:34:05,300 --> 00:34:07,200
well.
Mention guys are a really great
675
00:34:07,200 --> 00:34:09,300
supports.
You want to make sure that
676
00:34:09,300 --> 00:34:12,800
they're the fish for you, but
that their skill set is
677
00:34:12,800 --> 00:34:15,500
something I don't have that.
I can absolutely learn from
678
00:34:15,500 --> 00:34:17,600
because if you don't have them
all.
679
00:34:17,800 --> 00:34:21,500
So I be looking for somebody who
really adds value to us and it
680
00:34:21,500 --> 00:34:23,100
where I see the gaps in our
team.
681
00:34:23,100 --> 00:34:25,000
Yeah, absolutely.
And I think, you know, in
682
00:34:25,000 --> 00:34:28,300
Ireland were lucky That we have
here, this med, tech Community,
683
00:34:28,300 --> 00:34:32,300
this life sciences community on
the investor side that are
684
00:34:32,300 --> 00:34:33,800
heading up.
Some of the Angel investment
685
00:34:33,800 --> 00:34:38,400
syndicates and I've been looking
deeply at that sector over the
686
00:34:38,400 --> 00:34:41,199
last six weeks or so to try to
get my head around it.
687
00:34:41,199 --> 00:34:45,800
In terms of how angels are
investing and what frequency are
688
00:34:45,800 --> 00:34:48,199
they investing in Ireland?
How many deals are they doing
689
00:34:48,199 --> 00:34:49,500
per year?
Yes, right.
690
00:34:49,500 --> 00:34:52,500
To try to figure out that whole
side of it and I think they're
691
00:34:52,500 --> 00:34:55,100
there's going to be some
interested folks when you want
692
00:34:55,100 --> 00:34:56,500
to get that.
Moving.
693
00:34:56,699 --> 00:34:58,900
Like you said, it's not just
about writing a check.
694
00:34:59,000 --> 00:35:02,100
It's about, there's this natural
helpfulness, believe it or not,
695
00:35:02,100 --> 00:35:03,600
that angel investors have as
well.
696
00:35:03,600 --> 00:35:05,700
Yes, right.
And they want to be able to do
697
00:35:05,700 --> 00:35:07,400
something.
We had Chris Adams, back on the
698
00:35:07,400 --> 00:35:12,400
show a couple years ago, he
invested in 17 fin Tech deals
699
00:35:12,400 --> 00:35:15,300
last year.
Well, during the pandemic 17,
700
00:35:15,300 --> 00:35:16,800
okay?
And I think the most active,
701
00:35:16,800 --> 00:35:19,700
Irish Angels do a couple of
year, right?
702
00:35:19,800 --> 00:35:25,400
And you know he said, listen I'm
I will only look at a company in
703
00:35:25,400 --> 00:35:27,900
depth and About investing if I
can truly help them.
704
00:35:27,900 --> 00:35:30,100
Yeah, yeah, right, because
that's what he's there for.
705
00:35:30,100 --> 00:35:31,800
He's not just going to write a
check and walk away.
706
00:35:31,900 --> 00:35:34,300
Yeah, right so I think you
there's going to be some
707
00:35:34,300 --> 00:35:37,800
opportunities for you to find
some similar types of investors
708
00:35:37,800 --> 00:35:40,600
here in Ireland, with the
concentration of Industry
709
00:35:40,600 --> 00:35:42,600
segments that we have here in
this space.
710
00:35:42,600 --> 00:35:44,100
So the I think that'll be pretty
interesting.
711
00:35:44,200 --> 00:35:47,700
Yeah, you and I can talk.
Yeah, absolutely.
712
00:35:47,800 --> 00:35:48,400
Absolutely.
Yeah.
713
00:35:48,400 --> 00:35:51,100
You know we're there there
there's a little bit of that
714
00:35:51,100 --> 00:35:52,100
ahead of us.
Whatever.
715
00:35:52,100 --> 00:35:55,900
Absolutely listen.
We we have, we have covered
716
00:35:56,000 --> 00:35:58,400
Topics on the show we never have
before, right?
717
00:35:58,400 --> 00:36:02,100
And I would like to thank you
for absolutely for bringing
718
00:36:02,100 --> 00:36:07,500
fascinating bringing this to us
and enriching our view of the
719
00:36:07,500 --> 00:36:12,500
world and enriching our view of
product based startups getting
720
00:36:12,500 --> 00:36:15,600
to Market from Ireland with
global ambition.
721
00:36:16,000 --> 00:36:20,900
So thank you and there is a
famous last question that we do
722
00:36:20,900 --> 00:36:23,200
like to ask everybody and I will
let my friend.
723
00:36:23,200 --> 00:36:26,600
Owen, do the honors with this
one because well, What is that?
724
00:36:27,100 --> 00:36:28,700
Yeah, so tell me Deborah.
What is it?
725
00:36:28,700 --> 00:36:30,500
Something people would not
expect to know about you.
726
00:36:31,300 --> 00:36:33,900
You know what actually occurs?
Because maybe because of
727
00:36:33,900 --> 00:36:35,600
everything I just talked about.
Yeah.
728
00:36:35,600 --> 00:36:37,000
I'll tell you the truth on this
one.
729
00:36:37,300 --> 00:36:39,500
I used to play full contact
would be.
730
00:36:40,400 --> 00:36:42,500
Wow.
Okay, both your faces better.
731
00:36:43,100 --> 00:36:44,900
Wow.
Yeah I loved it.
732
00:36:44,900 --> 00:36:47,900
I have to say II joined the
ladies team here and
733
00:36:47,900 --> 00:36:49,600
graystone's.
The graysons Rugby Club which
734
00:36:49,600 --> 00:36:52,100
are amazing.
By the way, an amazing bunch of
735
00:36:52,100 --> 00:36:55,300
women pregnant.
I love forth, and of team
736
00:36:55,300 --> 00:36:57,000
sports.
It's and didn't know I'd like
737
00:36:57,000 --> 00:36:59,500
contact sports but because we
played tag would be.
738
00:36:59,800 --> 00:37:03,200
And I used to just keep trying
to drive through people and
739
00:37:03,400 --> 00:37:06,400
capping Taco people's that
you're not supposed to do that.
740
00:37:07,900 --> 00:37:11,500
So I got roped into it to the to
the field contact which was
741
00:37:11,500 --> 00:37:14,300
amazing until I got a concussion
and then the end of my career
742
00:37:14,300 --> 00:37:19,200
because my mother told me that I
was a to Old had just started a
743
00:37:19,200 --> 00:37:23,300
start-up had responsibilities,
don't need to be getting the
744
00:37:23,300 --> 00:37:27,000
concussion so yeah.
Very good.
745
00:37:27,100 --> 00:37:28,900
How wow.
Yeah, that's interesting.
746
00:37:28,900 --> 00:37:35,100
And did you find any rugby logic
and strategy cross over into
747
00:37:35,100 --> 00:37:40,200
your day-to-day Drive?
Yeah, absolutely team team.
748
00:37:40,200 --> 00:37:42,200
Yeah, actually.
There's quite a lot of
749
00:37:42,200 --> 00:37:43,700
synergies.
Yeah.
750
00:37:43,700 --> 00:37:46,700
And just resilience, you have to
keep going at it.
751
00:37:46,700 --> 00:37:49,300
Even if you do get knocked in
and when I did get knocked down
752
00:37:49,700 --> 00:37:53,100
and pushing through people.
Yeah, which is barriers or and
753
00:37:53,100 --> 00:37:55,800
big people so they could be
bigger, bigger Market.
754
00:37:55,900 --> 00:37:58,300
It's bigger companies.
Yeah, slots.
755
00:37:58,500 --> 00:38:06,500
Yeah, you know the hand off and
I'm like, I'm coming at this
756
00:38:06,500 --> 00:38:08,600
from a different angle.
Obviously not growing up with
757
00:38:08,600 --> 00:38:12,400
rugby, like the to you have.
But you know slowly getting my
758
00:38:12,400 --> 00:38:14,200
head around it, over the last 15
years.
759
00:38:14,200 --> 00:38:16,700
But listen Deborah.
Thank you so much for coming on
760
00:38:16,700 --> 00:38:18,100
to the show.
Yeah, it's a real pleasure to
761
00:38:18,500 --> 00:38:23,100
thank you both.
And thank you and you've put a
762
00:38:23,100 --> 00:38:26,900
brand new company for me.
Me to watch.
763
00:38:26,900 --> 00:38:29,700
Now going forward on my radar.
So thank you.
764
00:38:29,800 --> 00:38:32,700
Good.
Thank you so much Honesty.
765
00:38:32,700 --> 00:38:42,100
Go to really enjoy this.
That does it for this week folks
766
00:38:42,100 --> 00:38:44,600
and you can learn more about
Debra Brock and new a fertility
767
00:38:44,600 --> 00:38:47,900
in the show notes on our website
money, never sleeps that I eat.
768
00:38:48,000 --> 00:38:50,300
So check us out online and
subscribe to our weekly.
769
00:38:50,300 --> 00:38:52,100
Money, never sleeps newsletter
as well.
770
00:38:52,700 --> 00:38:55,500
Also, thanks to Conan Brophy,
from create sound for mixing and
771
00:38:55,500 --> 00:38:57,900
editing.
This episode Conan is an
772
00:38:57,900 --> 00:39:00,100
excellent medium and to get in
touch with when you're thinking
773
00:39:00,100 --> 00:39:01,800
about launching your own
podcast.
774
00:39:02,200 --> 00:39:04,900
As for me, I'm an early stage.
Art of advisor.
775
00:39:04,900 --> 00:39:07,900
And investor would like, to talk
to me about your business, drop
776
00:39:07,900 --> 00:39:09,500
me a voicemail on money never
sleeps.
777
00:39:09,500 --> 00:39:12,700
That IE finally till next time,
thanks for listening.
778
00:39:12,700 --> 00:39:13,200
See you