Installed Cost and Nurse ROI

🚨MY NEWSLETTER https://nikolas-newsletter-241a64.beehiiv.com/subscribe 🚨

Join me, Nik (https://x.com/CoFoundersNik), as I interview Matthew Chang (https://x.com/MatthewAChang). This episode features Matthew Chang, a Georgia Tech engineer and Ernst & Young Entrepreneur of the Year finalist, who founded Chang Robotics and is a general partner of the $50 million Chang Robotics fund. We dive deep into how his company designs and installs robotic systems for manufacturing automation, hospital robots, and autonomous vehicles to make the workforce more efficient, safer, and happier through healthcare automation.

Matthew shares the story behind America's first autonomous hospital initiative, where $200K hospital robots deliver supplies in 90 seconds with 18-month ROI. Discover why humanoid robots aren't ready for commercial robotics applications and how specialized robotics using collaborative robots (cobotics) are revolutionizing factory automation and healthcare robotics instead.

From driverless paper factories producing toilet paper during COVID to FAA-compliant electric vehicles six times more powerful than Tesla, Chang Robotics tackles the hardest engineering challenges in industrial automation. Learn about their breakthrough PFAS-free food packaging using graphene oxide and how they beat 700+ competitors to win the federal DOT grant for America's first driverless bus system in Jacksonville.

We explore Matthew's venture studio approach with the Chang Robotics Fund, requiring "Made in USA" manufacturing and proprietary engineering for robotics startups. Plus, hear about his upcoming book "Risk-Taking is Biblical" on faith-based entrepreneurship and Christian business principles.

Questions This Episode Answers:

• How do you ensure robotic automation is adopted by the existing manufacturing workforce and healthcare workers?

• What technical challenges prevent humanoid robotics from working in real-world applications?

• How does engineering consulting deliver end-to-end automation solutions from design to robotic system installation?

• What investment thesis drives a robotics venture fund offering scaled engineering support with "Made in USA" requirements?

__________________________

Love it or hate it, I'd love your feedback.

Please fill out this brief survey with your opinion or email me at nik@cofounders.com with your thoughts.

__________________________

MY NEWSLETTER: https://nikolas-newsletter-241a64.beehiiv.com/subscribe

Spotify: https://tinyurl.com/5avyu98y

Apple: https://tinyurl.com/bdxbr284

YouTube: https://tinyurl.com/nikonomicsYT

__________________________

This week we covered:

00:00 Innovating Beyond the Norm

02:55 Transforming Healthcare with Robotics

05:45 The Journey to Autonomous Solutions

08:42 Navigating the Challenges of Robotics

12:01 From Engineering to Entrepreneurship

14:55 Winning Against the Odds

17:51 The Future of Autonomous Vehicles

20:42 Building a Sustainable Business Model

24:03 Investing in Innovation

26:56 The Role of AI in Engineering

29:42 Creating a Christian Business Framework