36 min

Venturing Boldly into the Emerging World of Femtech The SuccessLab Podcast: Where Entrepreneurs Collaborate for Success

    • Business

When a routine –– and very common –– medical procedure went awry, it prompted a major career and life shift for Stephanie Schull. Stephanie’s mother underwent a procedure that hundreds of thousands of women have undergone, and like many that have –– which they would soon come to learn –– her outcome was unsuccessful, leaving her in pain for the rest of her life.
Refusing to accept this fate, Stephanie left her career as a philosophy professor in pursuit of a better solution for the many women who—like her mother—experience pelvic floor issues.
Today, Stephanie is the founder and inventor of Kegelbell, the only FDA-registered external vaginal weight that provides a natural way to get stronger pelvic floor muscles. Through Kegelbell, she is aiming to remove stigmas around women’s health and bring a voice to pelvic floor issues that have been kept quiet far too long.
In this episode, we learn about Stephanie’s sweeping move from academia to the business world, the challenges she faced in producing solutions for what is still mostly a taboo subject, and the creative ways she’s been able to run her company with a lean team. 
 
Read on for a selection of questions, and listen to the entire interview by clicking the player above. 
What led you to create what is today known as Kegelbell? My mother got a pelvic mesh surgery that didn't work well for her and she will be in pain for the rest of her life. When I learned about this, I was shocked to know that she had problems with her pelvic floor for all these decades. And I was shocked that there was a surgery with such a questionable success. My response to the problem was to research it. That's when I realized that most women have problems with their pelvic floor and as of five or so years ago, people weren't talking about it. The solutions, as a result, were flawed because there wasn't enough conversation. As I dug, I saw that there was a good option, it was just not being utilized. When I talked to people about it and discovered they weren't going to make it right, that's where I decided I had to get involved, so I quit academia and started Kegelbell.
What's been one of the biggest challenges you've had to overcome in building Kegelbell? The first challenge was that the subject of pelvic floor issues was taboo. My mother had the problem for decades and didn't tell us about it. When I started wanting to fundraise, I heard a lot of “no, that's not really a problem” and “it's too expensive to educate people about it.” Something else that I got pushed back on was the solution I was proposing to fix, treat and prevent weakened pelvic muscles. A lot of investors were saying, “you need to provide an ongoing band-aid solution that keeps the customer on the hook.” I ran into some pretty systemic problems right out the gate.
What was one of your darkest moments, and how did you emerge from it? The darkest moment is an ongoing, everyday concern. With a physical product, I'm looking down the barrel of bank account and cash flow issues every day. Looking at cash flow problems is uncomfortable and it's like I'm flying too close to the sun all the time. As I get bigger, it's the same problem, just with larger numbers. This isn't going to go away. I have to adjust to this reality, which is a bit different than the things I've been used to up until this point.
What keeps you going? Listening to podcasts like these so you don't feel alone. It’s important to hear from other people with multi-billion dollar companies and hearing them say it's never comfortable and that they're always close to the edge. I recently heard the founders of Lyft talk about how some of the scary moments just don't go away, and I’ve been telling myself that. Finding comfort in hearing from others is why I wanted to share my experience in hopes it helps someone else.
What has been one of the best things you’ve done for the business to grow it? Not giving up. If you

When a routine –– and very common –– medical procedure went awry, it prompted a major career and life shift for Stephanie Schull. Stephanie’s mother underwent a procedure that hundreds of thousands of women have undergone, and like many that have –– which they would soon come to learn –– her outcome was unsuccessful, leaving her in pain for the rest of her life.
Refusing to accept this fate, Stephanie left her career as a philosophy professor in pursuit of a better solution for the many women who—like her mother—experience pelvic floor issues.
Today, Stephanie is the founder and inventor of Kegelbell, the only FDA-registered external vaginal weight that provides a natural way to get stronger pelvic floor muscles. Through Kegelbell, she is aiming to remove stigmas around women’s health and bring a voice to pelvic floor issues that have been kept quiet far too long.
In this episode, we learn about Stephanie’s sweeping move from academia to the business world, the challenges she faced in producing solutions for what is still mostly a taboo subject, and the creative ways she’s been able to run her company with a lean team. 
 
Read on for a selection of questions, and listen to the entire interview by clicking the player above. 
What led you to create what is today known as Kegelbell? My mother got a pelvic mesh surgery that didn't work well for her and she will be in pain for the rest of her life. When I learned about this, I was shocked to know that she had problems with her pelvic floor for all these decades. And I was shocked that there was a surgery with such a questionable success. My response to the problem was to research it. That's when I realized that most women have problems with their pelvic floor and as of five or so years ago, people weren't talking about it. The solutions, as a result, were flawed because there wasn't enough conversation. As I dug, I saw that there was a good option, it was just not being utilized. When I talked to people about it and discovered they weren't going to make it right, that's where I decided I had to get involved, so I quit academia and started Kegelbell.
What's been one of the biggest challenges you've had to overcome in building Kegelbell? The first challenge was that the subject of pelvic floor issues was taboo. My mother had the problem for decades and didn't tell us about it. When I started wanting to fundraise, I heard a lot of “no, that's not really a problem” and “it's too expensive to educate people about it.” Something else that I got pushed back on was the solution I was proposing to fix, treat and prevent weakened pelvic muscles. A lot of investors were saying, “you need to provide an ongoing band-aid solution that keeps the customer on the hook.” I ran into some pretty systemic problems right out the gate.
What was one of your darkest moments, and how did you emerge from it? The darkest moment is an ongoing, everyday concern. With a physical product, I'm looking down the barrel of bank account and cash flow issues every day. Looking at cash flow problems is uncomfortable and it's like I'm flying too close to the sun all the time. As I get bigger, it's the same problem, just with larger numbers. This isn't going to go away. I have to adjust to this reality, which is a bit different than the things I've been used to up until this point.
What keeps you going? Listening to podcasts like these so you don't feel alone. It’s important to hear from other people with multi-billion dollar companies and hearing them say it's never comfortable and that they're always close to the edge. I recently heard the founders of Lyft talk about how some of the scary moments just don't go away, and I’ve been telling myself that. Finding comfort in hearing from others is why I wanted to share my experience in hopes it helps someone else.
What has been one of the best things you’ve done for the business to grow it? Not giving up. If you

36 min

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