85. What Doctors Get Wrong About Equity, Consulting, and Startups

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Life of Flow

Lucas Ferrer and Miguel Montero-Baker

103 episodes

3 days ago

Life of Flow is a podcast hosted by two experts in the field of vascular surgery, Miguel-Montero Baker and Lucas Ferrer Cardona. They share their thoughts, insights, and expertise with their listeners each week, discussing a wide range of topics that are both related to and beyond vascular surgery. In addition to talking about the latest research and developments in the field, the hosts also share anecdotes and personal stories that provide a unique perspective on the world of vascular surgery. They delve into the challenges that they have faced, the lessons that they have learned, and the unique life of a vascular surgeon.

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All content for Life of Flow is the property of Lucas Ferrer and Miguel Montero-Baker and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

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85. What Doctors Get Wrong About Equity, Consulting, and Startups

Life of Flow

1 hour 33 seconds

1 month ago

85. What Doctors Get Wrong About Equity, Consulting, and Startups

What does it take for a physician to move from consulting hours to lasting influence in MedTech? In this week’s episode, Dr. Jay Mathews MD, MS, FACC, FSCAI, shares his path from early startup work in software and design to interventional cardiology, and how that background shaped his approach to device development.

He discusses the trade-offs between consulting and equity, the risks physicians face with crowdfunding models, and why he now partners only with companies where he can directly shape outcomes.

🎧 If you’ve been curious about what it takes for a physician to go from industry consulting to building companies, you’ll want to hear this one.

02:03 Family pressure vs. personal resistance

04:06 Startup life before medicine

06:28 Medicine as a tool, not a goal

07:34 Mentorship at WashU

15:44 Early startup collaborations

18:24 Joining Penumbra

20:14 Consulting vs. equity.

25:34 Protecting value and trust

38:32 Personal lessons from burnout

49:26 Physician crowdfunding concerns

💡 Who Should Listen

This episode is for physicians interested in entrepreneurship, MedTech founders weighing equity and consulting models, and investors looking to understand the role of clinicians in early-stage innovation.

About Dr. Jay Mathews MD, MS, FACC, FSCAI

Dr. Jay Mathews is an interventional cardiologist and endovascular specialist based in Tampa Bay Florida. He did his residency and fellowships in Cardiology, Advanced Cardiac Imaging, and Interventional (Coronary/Structural/Peripheral) at Washington University School of Medicine in St Louis. He is actively involved in device development for multiple companies and endovascular research serving as national/global PI of several trials.

Connect with Dr.Mathews

🐦 X: Jay Mathews MD, MS, FACC, FSCAI

💼 LinkedIn: S. Jay Mathews, MD, MS, FACC, FSCAI

Follow Life of Flow

📲 Instagram: ⁠@LifeofFlowPodcast⁠

👍 Facebook: ⁠Life of Flow Podcast⁠

💼 LinkedIn: ⁠Life of Flow Podcast⁠

🐦 X: ⁠@VascularPodcast

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