Piyush Seth of First Medical Services - Chess and Business
Piyush Seth First Medical Services is a businessman and chess expert who understands what strategy is all about; it is the only way to conquer both these fields, after all (aside from luck). This is true of many businessmen, the art of chess often applied to the attributes needed in business.
Speaking to FastCompany.com, Justin Moore, another successful CEO has explained this from his experience as a young chess prodigy. He points to entrepreneurs you having to be able to see “all possible futures,” keep your “eyes on the game,” have “relentless focus,” be willing to roll with the punches, hone “pattern recognition,” and to “know your team.”
Moore is not the first person to comment on the comparisons between business and chess, and not the first to be noted for their combined business and chess abilities - Bill Gates being another big name who is quite the chess whizz while also being (apparently) quite good at business.
Chess has been lauded as the ultimate game of strategy - though the Chinese game Go is seen as a contender - so it is not surprising that people will make these connections. This is a topic that has been discussed as much by the chess world as the business sector, with Kasparov himself telling Harvard that both chess and business “is very much a question of psychological advantage.”
It is probably a debate that will continue to understand how far these two arts are linked, but for entrepreneurs like Piyush Seth of First Medical Services, they will keep that board dusted off to maintain that edge.
Sources:
https://hbr.org/2005/04/strategic-intensity
http://www.businessinsider.com.au/29-executives-who-are-exceptional-at-chess-2012-7?r=US&IR=T#jared-hecht-1
http://www.fastcompany.com/3005989/innovation-agents/6-strategy-lessons-former-chess-prodigy-whos-now-ceo
Piyush Seth of First Medical Services - The Federation of Indian Chamber of Commerce and Industry
Piyush Seth of First Medical Services is an entrepreneur working in the healthcare industry, as well as a member of FICCA, the Federation of Indian Chamber of Commerce and Industry. Membership to FICCA is an important aspect of business, as it displays the negotiation that industry must make with other sectors, the public, government, and the greater society to have social cohesion.
As the website explains, “Established in 1927, FICCI is the largest and oldest apex business organization in India. Its history is closely interwoven with India's struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies.” As a not for profit organization, FICCA acts as the “voice of India's business and industry,” and take on the huge task of “influencing policy to encouraging debate, engaging with policy makers and civil society.”
It is a mammoth task, as with any economy - let alone one that is expanding so quickly - negotiating the interests of industry with the public or government is a challenge. But it is also why such organizations are important, as there is influence in businesses coming together to voice their needs as one; while vice versa, it is easier for the public bodies to have one organization to discuss issues with, rather than negotiating with thousands of businesses.
This is why Piyush Seth of First Medical Services and other respectable businessmen are members of FICCA; so that they can negotiate a fair and practical business market that works for the greater good of everyone concerned.
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Piyush Seth of First Medical Services - Pre Owned Medical Technology
Piyush Seth of First Medical Services understands the importance of affordability for medical providers. Healthcare is an expensive business, with the technology you see hospitals using costing anywhere from the tens of thousands into the hundreds of thousands - and upwards. This is why he started his business selling pre owned medical equipment, expanding the service across India, enabling many medical centers to get the equipment they need to save lives.
Everyone knows that medical equipment can be expensive. A prime example would be an MRI machine, fetching price tags as high as 1.2 million US dollars; something that is way out of the price range of many hospitals. However, though for many hospitals an MRI machine is a luxury - too expensive and not necessarily needed when listed against other priorities -, there are other machines that are similarly outside of their price range, but much more important to saving lives.
This is where pre owned devices come in, creating opportunities for hospitals and medical centers that operate on a modest budget to get access to lifesaving equipment. It is an area of the industry that is gaining ground and giving many healthcare providers a new lease of life.
With the pre-owned medical device market set to hit US $4.9 billion worldwide by 2019, this is a huge growth area for the medical sector. In fact, it is becoming so common that you can even find medical scanners and the like for sale on eBay with a quick search, which really goes to show how widespread this has become.
This is really good news for both healthcare providers and patients, with hospitals able to purchase working machines like CT scanners for a reasonable price; equipment that could previously have been too expensive, or giving them the ability to channel the savings into other lifesaving costs. The reality is that even the best funded hospital has a budget after all, and the bottom line is doing the best that they can for the money that they have. Either way, it is a win win for the industry overall.
Of course there always concerns, and with any growth area - especially related to medical care - caution is needed. Pre-owned medical devices do not come with the same stamp of approval that brand new technology comes with, which runs the risk of hospitals purchasing faulty machinery; which can a have a terrible outcome for the health of their patients. However, for businessmen like Piyush Seth First Medical Services, a professional stamp of approval is standard to ensure that all the machines that his company sell in India are working to the highest possible degree; and with a background as an engineer working with GE Healthcare, Philips and Siemens, this is a high standard indeed. So for those looking for savings on medical equipment, it is really just a matter of doing your research.
Sources: http://time.com/money/2995166/why-does-mri-cost-so-much/
Piyush Seth of First Medical Services - Entrepreneurship in the Medical
Industry
Piyush Seth of First Medical Services is one of the many entrepreneurs making his mark in the healthcare sector. It is a new growth area, where we see business minded innovators more and more contributing to the medical industry, filling gaps and helping meet the needs of healthcare providers.
The growth that is being seen in entrepreneurship is coming from many areas, from business minded doctors spearheading new projects and finding new medicines, to engineers developing new technology or filling service gaps; the medical sector is looking all the healthier for it too.
Developing medical care can be an expensive and time consuming pursuit, with medicine taking years to go from concept to practice, with innovation in all areas slow and careful. When it comes to large hospitals and medical centers, the risks of investment and development can be too high. This can also be true of the large corporations that develop technology and services, also becoming averse to larger risks and bogged down by cumbersome processes.
Luckily though, there are entrepreneurs coming through from the medical world to meet these needs. From doctors to engineers, there are more and more startups emerging in the medical sector than ever before - and this has to be a positive thing for all.
It is a global phenomenon. As MIT have reported, “Inspired by the rise of Silicon Valley lore and the social impact of new technologies, young health professionals now view startups as a vehicle for meaningful impact.” This goes along with a tectonic shift with how the medical industry operates, with how people pay, interact and receive healthcare changing on nearly a daily basis. This leaves huge openings for the business minded to take advantage, but also to make an improvement to the medical care available to people.
It really comes down to making a difference, and though businesses within healthcare have received a bad rap over the years with controversies like Martin Shkreli charging astronomical rates for life saving drugs, for every Martin Shkreli, there are many more that provide true innovation that meets needed demand.
This is the aim of people like Piyush Seth First Medical Services, who has over the years built several businesses that help healthcare providers meet the needs of their patients. Starting with the first scanning diagnostics center in New Delhi, he swiftly moved on to help meet the demand for pre-owned medical technology across India. Now, as of summer 2016, this medical entrepreneur is launching 20Med.com, a search engine for hospitals and medical centers that also provides a marketplace for new and pre owned medical technology and related services; just another example of an innovation boom, showing how entrepreneurship is changing the face of the medical sector for the better.
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Piyush Seth, Head of First Medical Services - Donating to Healthcare Charities
Piyush Seth First Medical Services has worked in the healthcare and technology field for his entire career: he is currently the director of First Medical Services and the CEO of 20med.com, and prior to that, he was a successful ultrasound and CT engineer. He is extremely passionate about innovation and customer service in the healthcare sector, and he wants to find was to help everyone get the healthcare that they need. In addition to his work in the healthcare field, he also donates to many different charities that ensure that they poor can have the healthcare that they need. This is something that is very important for people around the world. While some countries have universal healthcare systems, many do not, which means that it can be difficult or impossible for the poor to find the healthcare that they need. However, without healthcare, it is very hard for these people to get a job and rise out of poverty, because they are sick or injured and cannot get better.
Healthcare charities provide a huge variety of services to those in need, and there are many different options to donate to, for those who have the means to do so. When donating, you can choose a charity that focuses on what is important to you – there are some that focus on specific health conditions, some that focus on specific areas of the world, and some with a global healthcare focus. Piyush Seth has been inspired by his work with First Medical Services to keep contributing to healthcare charities.
Piyush Seth, Director of First Medical Services - How to Become an Ultrasound Engineer
Piyush Seth is an entrepreneur and healthcare industry veteran who is the director of First Medical Services in India. He has been in this position for almost fifteen years, and as the leader of First Medical Services, he sells diagnostic imaging technology to healthcare providers that need it. Seth is the perfect fit for this job because he has a great eye for business and sales, but was also an ultrasound and CT engineer for five years prior to becoming an entrepreneur. He was voted the best ultrasound engineer in the Asia Pacific region while he was working for GE Healthcare. Radiology and diagnostic imaging machines had always fascinated Seth, so he found that this field was a natural career choice for him.
The requirements for becoming an ultrasound engineer are different depending on where you live in the world. There are many universities around the world that offer training in ultrasound technology specifically. Generally, this job requires a relevant college degree (something in technology or engineering), and knowledge of and training for the machines that you will be working with.
Technicians and engineers can specialize in a variety of different machines, including CT, MRI, x-ray, and more. There are courses you can take for each of these specialties, but there is no specific degree requirement for each one. Seth graduated from high school in India and then went on to study electronics at the Harcourt Butler Technology Institute, which is located in Kanpur, Uttar Pradesh, India.
Piyush Seth, First Medical Services - Best Instant Messaging Technologies
Piyush Seth is the director of First Medical Services, as well as the founder of 20med.com. He is based in India, yet he works with people and companies in the healthcare technology field around the world. Seth finds that instant messaging technologies are absolutely essential to his business success, because they allow him to communicate with anyone at any time, regardless of their location. Instant messaging technology has expanded extensively over the last decade, and there are many different options to choose from when choosing an instant messaging provider. Here are some of the best for businesses.
- Google Hangouts is by far the most popular choice for business instant messaging and video chatting. Many people around the world have Google accounts already, so they can use this service without having to sign up for something new. It can be used on a computer or on a phone, and you can chat with as many people as you want.
- Trillian was one of the earliest instant messaging apps that was suitable for business, and it is still going strong. It’s available in free or paid versions, and there’s a business option that supports more complex local networks, which is great for office environments. A huge benefit of using Trillian is that you can connect your other messaging services, such as Skype, Facebook, and Yahoo to it, so you can see everything at once.
- BigAnt is an instant messaging software that is only for businesses, and offers a variety of different chat options. It also stores messages, which is great for large corporate settings.
Piyush Seth has found that instant messaging technology has made his job as director of First Medical Services much easier.
Piyush Seth, First Medical Services - Top Companies for Radiology Scanning Products
As the director of First Medical Services, Piyush Seth sells new and used radiology products to healthcare companies in India, with a specific focus on CT and MRI scanners. Radiology and healthcare technology in general are fields that continue to grow year after year as they provide doctors and patients with an easy-to-use, non-invasive way to diagnose new problems and get a clear visual of the human body. These scanners are essential to almost any healthcare practice, and there are many companies around the world that make top-notch radiology scanners.
Before becoming the director of First Medical Services, Piyush Seth worked as an engineer for GE Healthcare, Siemens Healthcare, and Philips Healthcare. All three of these companies are known for making high-quality scanners. GE and Siemens are comparable companies in terms of size and services, offering many different types of medical technologies in addition to radiology, as well as consulting services. Philips focuses more specifically on medical devices and diagnostic imaging solutions. They make extremely high-quality products that are able to detect the smallest of fractures and lesions.
Another company that is very important in the field of radiology is Fujifilm. Based in Japan, this company is well known to many people for their commercial cameras and printers, but they also produce x-ray and other diagnostic imaging technology. Similarly, Toshiba, a very popular Japanese technology company, also produces MRI and CT scanners. As the director of First Medical Services, Piyush Seth sells these and many other brands of scanners to his clients.
Piyush Seth of First Medical Services - How to Stay Motivated as an Entrepreneur
Piyush Seth has worked on his entrepreneurial endeavors like First Medical Services for years, and during this time, he has fought to stay motivated. An entrepreneur fighting to stay motivated doesn’t signify a lack of passion, though. Rather, it shows a large amount of passion that drives the entrepreneur through what’s required to succeed. Though starting First Medical Services wasn’t always easy on Mr. Piyush Seth, he got through it and he launched a second successful startup in 2015. Below are some of the ways that entrepreneurs stay motivated, and they might help you weather tough nights:
- Budget daily. For some entrepreneurs, they easiest way to motivate themselves is to look at finances. If you track what you spend each day, what you make each day and how much you need each day, it’ll keep you from straying off of your tasks. For example, if you’re burnt out, but you’re only $20 away from reaching your day’s goal, it’ll keep you working and prevent you from buying a $5 coffee, which would instead put you $25 away from your goal.
- Think about what you hate. Being negative is rarely motivational, but if you remember why you’re trying to escape the rat race, it’s easier to deal with the stress of entrepreneurial endeavors. The hardest days can become easy when you remember that you don’t have to put up with a boss or needy coworkers.
- Work early. Time flies when you’re busy, so don’t put off your work until the end of the day. If possible, get everything done for work before you run errands or relax.
It’s motivating factors like these that make it easier for people like Piyush Seth First Medical Services to create successful companies like First Medical Services or 20MED.com.
Piyush Seth of First Medical Services - Benefits of Digital Advertising
Piyush Seth, Director of First Medical Services, is a successful international businessman with decades of experience to his name. In his experience beginning his entrepreneurial endeavors, like First Medical Services, Piyush Seth has learned the value of digital advertising for business success. Some of the benefits include:
- Increased Sales – According to studies completed by Nielson, most businesses receive a $3 USD return rate on every $1 USD that they spend on digital advertising. This is a much higher return rate than most businesses receive for print advertising in the modern era. In addition, the studies showed that money put into digital advertising makes money spent on radio, outdoor and television marketing work harder.
- More Word-Of-Mouth Marketing – The aforementioned Nielson studies showed that digital marketing increases the likelihood of word-of-mouth marketing. If, for example, a business makes digital advertisements available on social media websites, and their customers share these ads, the customers’ friends view the shared advertisements as equally-reliable with in-person word-of-mouth marketing.
- Increased Customer Interaction – Creative digital advertisements are more likely than other ad campaigns to encourage customer interaction. Examples of commonly-effective digital advertising methods that encourage customer interactions include “Slide/Swipe/Tap to View” ads. These ads directly engage the customer and, on average, they are also over 70% more memorable than non-interactive ads.
- More Effective Than Research Shows – According to Marketingland.com, the tools used to monitor digital advertising effectiveness is likely incapable of accurately measuring customer influence. As such, the numbers you work by for digital advertising are likely even higher than you think.
Look to companies like First Medical Services and 20Med Inc., and their heads like Piyush Seth, if you need more proof of digital advertising benefits. These modern businesspersons would not be where they are today without the help of digital advertising.
Piyush Seth of First Medical Services - How to Launch a Startup
Piyush Seth, Director of First Medical Services, is an experienced and successful entrepreneur. Even entrepreneurs like Seth began wearily with their first startup, though, and don’t expect anything different with your first. If you’re not weary, in fact, many people would say that you’re not thinking things through. Don’t let your weariness stop you from launching, but do follow some time-tested tips if you aspire to have success similar to that which Piyush Seth saw with First Medical Services. The following tips will help you launch your startup:
- Decide who’s in charge. If you’re working with business partners, agree on who’s in charge before you start, and get legal documentation to solidify the decision. This will avoid confrontation down the road.
- Secure your intellectual property. Until you’ve filed for a patent, keep your ideas close to your chest and talk about them as little as possible. Make a patent a priority if you need to discuss business often.
- Don’t make irrevocable decisions. Some business owners view irrevocable decisions as “tattoos,” and a tattoo is anything that you cannot change quickly. For example, a five-year vendor contract.
- Don’t work with inexperienced investors. If your investors aren’t experienced, they’re less likely to be understanding and flexible if you need to change plans. Stick to experienced investors and close friends or family.
Don’t rush into anything, but don’t be too cautious, either.Piyush Seth First Medical Services Seth didn’t get where he is with First Medical Services and his subsequent endeavors by putting off his big decisions. Launching a startup requires a certain amount of risk, and good entrepreneurs can’t be paralyzed by that risk.
Piyush Seth of First Medical Services - Specializing in International Business
Piyush Seth is the Director of First Medical Services, and the founder and CEO of 20MED.com. He, like many modern businesspersons, focuses on international business just as much as local presence. In today’s world, boundaries between countries are vanishing and international business is becoming much more popular. Businesspersons like Piyush Seth and international businesses like First Medical Services are becoming the norm. Those who specialize in international business need to possess skills such as those below to integrate themselves in the global market:
A love and respect for other cultures. International businesspersons rarely make it far if they do not love and respect the cultures that they work with. You must be sensitive to, and aware of, cultural differences so that you can learn to market around the world.
A desire to speak other languages. Most international businesspersons speak at least one other language, though many speak upward of four. The best language for you to learn will depend on the international market that you wish to enter.
A willingness to travel. International businesspersons travel often so that they can forge relationships, study other cultures and research their competitors. Even if you plan to conduct most of your business from your home country, traveling to your international locations will benefit your endeavors.
An understanding of the international economy. Economics are complicated enough for many local business owners, but if you plan to do business internationally, you’ll need to grasp the global economy. This requires constant study.
Like many international businesspersons, Piyush Seth Of First Medical Services would not have found success with First Medical Services if he did not possess traits like those listed above. International businesspersons must think globally and maintain a constant awareness of the world around them.
