MobiHealth News May 6, 2022
Jay Ripton

The size of the healthcare industry is attractive to entrepreneurs, but the highly regulated field can be a challenge for startups.

In 1848, the California Gold Rush began, and with it, came dreams of wealth and prosperity. In seven short years, more than 300,000 people made their way to “The Golden State” to stake their claims. But for the majority, the hope of striking it rich never materialized. The truth was that California simply had far more dirt than gold.

In the end, the merchants and traders made all the money. Levi Strauss & Co. serves as a good example. As for the prospectors, failure wasn’t due to a lack of vision. What they did lack, however, was the experience...

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