Meet a Milestone Maker featuring Cheong Ang
Every week we’ll feature the Spring 2017 Milestone Makers cohort. The following interview is with Cheong Ang, Founder and CTO, LucidAct Health.
1. Tell me your name and about your company in ten words.
My name is Cheong Ang. LucidAct Health provides a collaboration system for healthcare team efficiency and new payment models.
2. How did your business come to be?
With one third of the U.S. population having multiple chronic conditions, and growing, healthcare teams cannot strive fast enough to deliver more. We provide a solution with smart workflow automation and machine learning based process improvement to help them fundamentally change how care is coordinated and boost health care efficiency.
3. What’s the dream for your business?
We would like to see our solution get widespread use so that we can enable healthcare teams to deliver better care to more patients. With that, we hope we are able to contribute to helping the country contain the explosive growth of healthcare costs and at the same time, deliver better care to the aging population.
4. Where do you find inspiration when faced with challenges?
I typically look to large projects that have happened in the past that required MANY to contribute, such as the Golden Gate Bridge and Lunar Landing. Sometimes I look back in my childhood to the little wins that I had, and typically what has helped me are learning, and perseverance. Just sticking with it to make it happen!
5. What is the biggest learning from the journey so far?
I believe we should have invested in selling and business development much earlier on. We had some interests in our solutions and we started to implement. Very soon we discovered that business hurdles delayed revenues, but the engineers still needed to get paid.
6. What does the term ‘milestone’ signify to you?
Milestone means something that deserves a big celebration.
7. What milestone are you committed to accomplishing by the end of the Milestone Makers program?
My milestone is to validate product-market fit. We had interests in our solution, however we would like to see more concrete proofs. We’ve set 3 targets and I hope to share some good results at the end of the Milestone Makers program.
The Milestone Makers program is designed to help early-to-mid-stage founders set, hit, and celebrate milestones critical to company growth over 12 weeks. Each of our 14 Milestone Makers selected into the Spring 2017 cohort receive the support of a personal business coach, a team of mentors, peer cohort work sessions, as well as curated classes to help them succeed with their individual learning paths to help them reach their goals.
