Former Green Beret, Mike Nemke, shares leadership lessons and founding story of Function Health. The company focuses on lab testing, personalized recommendations, and empowering individuals to take control of their health. Function Health plans to expand team and improve product and marketing efforts for rapid growth.
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volunteer_activism ADVICE
Naivety as an Asset
Early naivety can be an advantage in high-pressure situations.
Overthinking can hinder action and increase perceived risk.
volunteer_activism ADVICE
Building Teams and Trust
Build teams by recognizing individual talents and maximizing outcomes for everyone.
Accept that you're not always the best person for every task and trust your team.
question_answer ANECDOTE
Trial by Fire
Mike Nemke uses trial periods to assess new hires, particularly for high-trust roles.
He looks for individuals willing to take a leap of faith, demonstrating confidence and buy-in.
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In our latest podcast Kyriakos is joined by Mike Nemke co-founder of Function Health.
He discusses his background as a Green Beret and the leadership lessons he learned. He emphasizes the importance of building teams and trusting others to maximize outcomes. He also shares the founding story of Function Health, including how he met his co-founders and their mission to empower individuals to own their health.
The customer experience involves answering a medical questionnaire, scheduling lab visits, and receiving test results. Function Health provides comprehensive lab testing and analysis to help individuals understand their bodies' systems and biomarkers. It offers an application that shows foods to eat and avoid based on the test results.
The company aims to empower individuals to take control of their health by providing them with information and insights. The healthcare industry has slowly adopted this approach, but digital health has enabled remote testing and analysis.
Function Health has an extensive waitlist and has seen rapid growth due to its strong business fundamentals and execution. They plan to expand their team and improve their product and marketing efforts.
Chapters
00:00 Intro02:10 Leadership Lessons and Building Teams13:58 The Founding Story of Function Health17:32 The Customer Experience18:03 Comprehensive Lab Testing and Analysis19:11 The Importance of Information Over Time19:41 The Role of Digital Health20:14 Challenges in the Healthcare Industry22:07 Identifying Cancer and Other Concerns23:40 Empowering Individuals with Information24:43 Function Health's Approach25:32 Understanding the Customer Base26:04 Partnership with Equinox26:52 The Impact of Co-founder Dr. Mark Hyman29:58 Function Health in the next five years31:26 Utilizing data from wearables and sensors34:40 The Future of AI in Health35:47 The Value and Limitations of Supplements38:13 Building an Outstanding Business43:08 Expanding the Team and Improving Marketing