Entrepreneur Rx

John Shufeldt, MD, JD, MBA, FACEP

What does it take to build something that matters? Hosted by John Shufeldt, Entrepreneur Rx features conversations with founders, investors, executives, and innovators who are building the future. From entrepreneurship and venture capital to technology, healthcare, defense, and leadership, each episode explores the stories, challenges, and lessons behind creating impactful companies and driving meaningful change. Learn more at www.XcellerantVentures.com

  1. Nishant Doctor: Reimagining Autoimmune Treatment Through Ultrasound Neuromodulation

    6d ago

    Nishant Doctor: Reimagining Autoimmune Treatment Through Ultrasound Neuromodulation

    What if autoimmune disease could be treated without another injection, infusion, or daily pill?  In this episode of Entrepreneur Rx, host John Shufeldt sits down with Nishant Doctor, founder and CEO of Surf Therapeutics, to discuss his journey from medtech engineer to healthcare entrepreneur. Nishant shares how nearly two decades in neuromodulation, R&D, clinical development, and commercialization led him to build Surf Therapeutics, a Stanford spin-out developing a breakthrough ultrasound neuromodulation platform for autoimmune disease.  The conversation explores the science behind Surf’s at-home, non-invasive ultrasound therapy device for rheumatoid arthritis, the role of the spleen and inflammatory pathways, what it takes to build and test medical technology in a startup environment, and why speed, data, accountability, and solution-oriented thinking matter so much in early-stage innovation.  John and Nishant also discuss leadership, technical founders, the future of AI, and what it means to build something that may feel non-consensus today but could change how patients are treated tomorrow.    About Nishant Doctor: Nishant Doctor is the founder and CEO of Surf Therapeutics. He has more than 18 years of experience leading R&D and commercial efforts at medtech and neurotechnology companies, including Medtronic, Abbott, and LivaNova. Trained as an engineer, Nishant has helped build multiple implantable Class III medical devices and has also been closely involved in the sales and commercialization of those technologies. His career has focused on neuromodulation, medical device innovation, and translating complex science into technologies that can improve patient care.    About Surf Therapeutics: Surf Therapeutics, a Stanford spin-out, is building a breakthrough ultrasound neuromodulation platform to treat autoimmune disorders, like Rheumatoid Arthritis (RA) —conditions that leave over 2 million Americans without effective or tolerable treatment options, even with blockbuster drugs like Humira and Rinvoq. After years of foundational research at Stanford, they've developed the first of its kind, at-home non-invasive ultrasound therapy device that is used just for a few minutes a day and validated to be clinically safe and effective for treatment of RA.      About Xcellerant Ventures: Xcellerant Ventures is a venture capital firm that invests in innovative companies across healthcare, technology, defense, and other emerging industries. Through multiple funds and investment vehicles, including the Jetstream Venture Fund, the firm partners with visionary founders, provides strategic guidance, and helps connect investors with opportunities in the private markets. Its portfolio includes companies developing solutions that have the potential to transform industries and improve lives.    About Jetstream Venture Fund: Jetstream Venture Fund is an interval fund managed by Xcellerant Ventures and Sweater Industries LLC, that seeks to provide investors access to early-stage, high-growth companies with flexible terms, lower minimums (⁠$5,000 minimum investment⁠), and no carried interest. Jetstream is one of the first funds of its kind, bringing venture-style investing opportunities to a wider professional audience. Back-end administration is provided by Sweater Ventures a ground-breaking turnkey fund management company.  Note: The Jetstream Venture Fund has invested in Surf Therapeutics.   Disclosure for Jetstream: Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The prospectus contains this and other information about the Fund and can be obtained by emailing ⁠⁠jetstream@sweaterfunds.com⁠⁠ or by visiting the ⁠⁠Fund's website⁠⁠. Please read the prospectus carefully before investing.

    25 min
  2. Dom Messerli: Reinventing Spine Surgery with Lenoss Medical

    Jun 16

    Dom Messerli: Reinventing Spine Surgery with Lenoss Medical

    What does it take to challenge decades of conventional medical practice?  In this episode of Entrepreneur Rx, host John Shufeldt sits down with Dom Messerli, founder and CEO of Lenoss Medical, to discuss his journey from medical device executive to entrepreneur. Dom shares how listening to surgeons led him to develop a biological alternative to traditional bone cement used in spinal fracture procedures, the challenges of building a medical device company, and the lessons learned scaling a healthcare innovation from concept to commercialization.  The conversation explores entrepreneurship, risk-taking, leadership, company culture, fundraising, and what it takes to bring meaningful innovation to patients and physicians alike.     About Dom Messerli: Dom Messerli is the founder and CEO of Lenoss Medical. With decades of experience in the medical device industry, including leadership roles at Synthes, Dom has dedicated his career to developing innovative solutions that improve patient outcomes. Drawing on years of collaboration with spine surgeons, he founded Lenoss Medical to address longstanding challenges in the treatment of vertebral compression fractures through biologic, patient-focused technologies.    About Lenoss Medical: Lenoss Medical is a medical technology company focused on advancing the treatment of vertebral compression fractures. Its flagship product, OsteoPearl®, is a biologic implant designed to provide an alternative to traditional bone cement used in spinal procedures. By leveraging natural bone-derived materials, Lenoss aims to improve patient outcomes while reducing risks associated with conventional treatment approaches.    About Xcellerant Ventures: Xcellerant Ventures is a venture capital firm that invests in innovative companies across healthcare, technology, defense, and other emerging industries. Through multiple funds and investment vehicles, including the Jetstream Venture Fund, the firm partners with visionary founders, provides strategic guidance, and helps connect investors with opportunities in the private markets. Its portfolio includes companies developing solutions that have the potential to transform industries and improve lives. About Jetstream Venture Fund: Jetstream Venture Fund is an interval fund managed by Xcellerant Ventures and Sweater Industries LLC, that seeks to provide investors access to early-stage, high-growth companies with flexible terms, lower minimums ($5,000 minimum investment), and no carried interest. Jetstream is one of the first funds of its kind, bringing venture-style investing opportunities to a wider professional audience. Back-end administration is provided by Sweater Ventures a ground-breaking turnkey fund management company. Disclosure for Jetstream: Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The prospectus contains this and other information about the Fund and can be obtained by emailing jetstream@sweaterfunds.com or by visiting the Fund's website. Please read the prospectus carefully before investing.

    29 min
  3. Allisa Song: From Medical Student to CEO of MU Medical

    Jun 9

    Allisa Song: From Medical Student to CEO of MU Medical

    In this episode of Entrepreneur Rx, John sits down with Allisa Song, Co-Founder and CEO of MU Medical. Allisa shares the story behind developing NanoDropper, a device designed to reduce medication waste and improve patient adherence, as well as her entrepreneurial journey. They discuss the realities of building healthcare companies, navigating the challenges of entrepreneurship, and bringing innovative solutions to patients and providers. Whether you're a founder, healthcare professional, or aspiring entrepreneur, this conversation offers valuable insights on innovation, leadership, and creating meaningful impact in healthcare.    About Allisa: Allisa Song, MD, is the co-founder and CEO of Mu Medical, the company behind NanoDropper®, an innovative adapter that reduces the size of eye drops to help patients improve medication adherence, reduce waste, and lower treatment costs. She founded the company while attending the Mayo Clinic Alix School of Medicine after identifying a widespread challenge facing glaucoma patients. Today, she leads Mu Medical's mission to improve ophthalmic drug delivery through innovative technologies that enhance patient outcomes and advance eye care.  About Mu Medical: Mu Medical is an ophthalmic medical technology company dedicated to improving how eye medications are delivered. Its flagship product, NanoDropper®, helps patients reduce medication waste, extend the life of prescription eye drops, and improve adherence to treatment. Today, the company is expanding beyond NanoDropper to develop innovative drug delivery and packaging solutions aimed at transforming the future of ophthalmology.  About Xcellerant Ventures:  Xcellerant Ventures is a venture capital firm that invests in innovative companies across healthcare, technology, defense, and other emerging industries. Through multiple funds and investment vehicles, including the Jetstream Venture Fund, the firm partners with visionary founders, provides strategic guidance, and helps connect investors with opportunities in the private markets. Its portfolio includes companies developing solutions that have the potential to transform industries and improve lives. About Jetstream Venture Fund: Jetstream Venture Fund is an interval fund managed by Xcellerant Ventures and Sweater Industries LLC, that seeks to provide investors access to early-stage, high-growth companies with flexible terms, lower minimums ($5,000 minimum investment), and no carried interest. Jetstream is one of the first funds of its kind, bringing venture-style investing opportunities to a wider professional audience. Back-end administration is provided by Sweater Ventures a ground-breaking turnkey fund management company.Disclosure for Jetstream: Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The prospectus contains this and other information about the Fund and can be obtained by emailing ⁠jetstream@sweaterfunds.com⁠ or by visiting the ⁠Fund's website⁠. Please read the prospectus carefully before investing.

    34 min
  4. Entrepreneur Rx Interview with Courtney Williams, Co-founder and CEO of Emagine Solutions Technology

    02/07/2024

    Entrepreneur Rx Interview with Courtney Williams, Co-founder and CEO of Emagine Solutions Technology

    For episode 85 of Entrepreneur Rx, John welcomes Courtney Williams, co-founder and CEO of Emagine Solutions Technology. Emagine is tackling the U.S. maternal health crisis with remote patient monitoring. The podcast starts off with Courtney touching on her diverse background and then she moves to how her sister’s high-risk pregnancy inspired her to get into healthcare entrepreneurship. This experience opened her eyes to the dangers of pregnancy and the lack of access to safe healthcare for pregnant women.  Inspired to make a change, Courtney and her team developed a handheld ultrasound device called VistaScan that is FDA cleared and aimed at low-resource settings. However, they soon realized that the lack of access to healthcare is not just a problem in developing countries but also in their own community. This led them to where Emagine Solutions Technology is today - a maternal health focus. Shortly after, Courtney and her team developed The Journey Platform which is geared towards better connecting providers and patients. Courtney then moves on to discussing challenges in the femtech industry and funding for female entrepreneurs. She wraps up the podcast by sharing her biggest challenge she has faced as an entrepreneur, Emagine’s potential exit in the future and her hopes for the future of Emagine. Courtney's unwavering commitment to leveraging technology to enhance maternal health outcomes is a testament to her visionary leadership and dedication to making a meaningful impact.

    27 min
  5. Entrepreneur Rx Interview with Dom Messerli, Founder, President and CEO of Lenoss Medical

    01/25/2024

    Entrepreneur Rx Interview with Dom Messerli, Founder, President and CEO of Lenoss Medical

    For this episode of Entrepreneur Rx, John sits down with Dom Messerli, the President and CEO of Lenoss Medical. Lenoss Medical is disrupting the treatment of spinal fractures with their OsteoPearl Vertebral Body Augmentation (VBA) System. This minimally invasive and epoxy-free technology delivers a fully biological solution to stabilize spinal fractures and utilizes the natural healing properties of healthy bone.    The episode starts off with Dom explaining his background in mechanical engineering and his rise within Synthes, a company specializing in spine technology that was later acquired by Johnson & Johnson. He discusses the inspiration behind Lenoss Medical's innovative implant, the OsteoPearl, which treats spinal fracture and allows for bone healing as opposed to the current stand of care.  Dom goes on to speak about the shortcomings of traditional kyphoplasty using epoxy (such as complications like intravenous embolism) and points out the advantages of Lenoss Medical’s OsteoPearl implants. He emphasizes that bone materials do not carry the risk of rejection like organ transplants because they contain no living cells.   John and Dom then move to talk about the business side of Lenoss Medical, including raising funds, startup valuation, and the importance of networking in entrepreneurship. They conclude the podcast discussing Dom’s tips for people who want to become an entrepreneur where Dom touches on the importance of partnership.

    22 min
  6. Entrepreneur Rx Interview with James (Jim) Dahle, Founder of The White Coat Investor

    11/15/2023

    Entrepreneur Rx Interview with James (Jim) Dahle, Founder of The White Coat Investor

    For episode 81 of Entrepreneur Rx, John had the pleasure of sitting down with fellow emergency medicine physician James (Jim) Dahle, founder of The White Coat Investor. The White Coat Investor is the most widely read, physician-specific personal finance and investing website in the world. In addition to the blog, he has authored four books and hosts two weekly podcasts. Jim shares his journey to financial literacy after negative experiences with unscrupulous financial professionals early in his career. He explains how he embarked on a self-study journey and started The White Coat Investor to provide unbiased financial education to doctors. Jim highlights the reasons why physicians often struggle with money management, including the lack of education on finance and the taboo surrounding money talk in the medical field.  Then, Jim discusses the different pathways to wealth for physicians, including the default pathway of working as a physician and investing in index funds, the reproducible entrepreneurial pathway, and the hardcore entrepreneur pathway. He also addresses the challenges faced by physicians who are living hand to mouth and offers advice on how to start building wealth.  Jim concludes the episode by discussing the impact of The White Coat Investor and the importance of financial literacy in medical schools. He shares his belief that physicians should still pursue medicine if they have a passion for it, but they should also prioritize financial education early in their careers.

    30 min
5
out of 5
5 Ratings

About

What does it take to build something that matters? Hosted by John Shufeldt, Entrepreneur Rx features conversations with founders, investors, executives, and innovators who are building the future. From entrepreneurship and venture capital to technology, healthcare, defense, and leadership, each episode explores the stories, challenges, and lessons behind creating impactful companies and driving meaningful change. Learn more at www.XcellerantVentures.com

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