Dr. Mark Holterman is a respected surgeon and a venture capitalist. He has been in practice for more than two decades and serves multiple hospitals in and near Peoria, Illinois. Today, he is known for being the CEO of Mariam Global Health, which is an investment company that seeks to improve global healthcare. Mariam Global Health invests in companies and organizations that apply new technologies to bring science and healthcare together with a potential for global benefits.
Early Life Of Dr. Mark Holterman
When Dr. Holterman was a young boy, he lived on a Wisconsin farm. He learned valuable skills such as diligence, discipline, and perseverance by helping with the family’s construction business (Doximity). He took those skills with him to college in 1976. Four years later, he graduated cum laude before accepting a scholarship from the National Institutes of Health for a medical science training course. For the next decade, he engrossed himself in his studies, earned two doctoral degrees and completed a residency in general surgery. Dr. Holterman also got married, and he and his wife had two boys.
Dr. Holterman and his family moved to the state of Washington in 1993, and he completed a pediatric surgery fellowship at the Seattle Children’s Hospital. Dr. Holterman’s wife wanted to complete her pediatric surgery training as well. For this, the couple and their kids moved to Montreal in Canada. After his wife completed her training, Dr. Holterman moved his family to Chicago, Illinois. For more than two decades, Dr. Holterman served as a pediatric surgeon and physician while also working as a professor. Today, he has had more than 40 years of exposure to the medical field and has made great contributions to scientific research in healthcare.
Dr. Mark Holterman Contributes To Innovative Healthcare
Dr. Holterman helped start Mariam Global Health and spends a considerable amount of time reviewing research and handling correspondence. With his colleagues at Mariam Global Health, he helps connect ideas with funding. Some of the companies that have received funding from Mariam Global Health have developed innovative technologies that improve regenerative medicine, medical devices, oncology services and stem cell therapy. From his studies and work history, Dr. Holterman developed some special areas of interest. They are stem cell medicine, obesity, and autoimmunity. With his training and skills, Dr. Holterman reviews ideas and the research associated with them to determine which ones will have the greatest impact for the largest amount of people.
A Day In The Life Of Dr. Mark Holterman
In an interview, Dr. Holterman said that every day starts with prayer for him. He keeps his schedule flexible to give himself the chance to prioritize daily tasks. His tasks vary from one day to the next. However, he pays attention to his business and puts his focus on whichever area needs it the most that day. Also, he delegates tasks to his employees as necessary, and he makes it a priority to not overwhelm any of them or himself. Since research is the foundation of what he does, Dr. Holterman tries to go beyond his areas of expertise to learn more through independent studying each day. He keeps up with medical trends, reviews ideas and makes informed decisions. Dr. Holterman values his time with his family, and he ends every night by praying before he goes to sleep.
How Dr. Holterman Turns Ideas Into Reality
As many of the most successful entrepreneurs do, Dr. Mark Holterman talks about his ideas first. He develops a plan for how to deliver the information to his colleagues, and he considers possible arguments or topics that may raise questions. One piece of advice that he emphasizes as being especially important is to always look to experts for feedback or advice and to never become greedy. He said that having the ability to swallow individual pride and ask for advice is important for any successful person. After forming a plan to share an idea, he presents it to his business team for feedback. He said that there are usually four possible feedback results when he presents his ideas, and they are:
- Someone else is already developing the idea.
- The technology is irrelevant to the field or current time.
- The idea or technology would take too much time to develop.
- The idea is great and should be developed.
Dr. Holterman also shared some advice about growing a business. He said that it is important to be hungry for success to produce the greatest level of efficiency. When he was developing Mariam Global Health, he said that there were times when the company did not receive promised funds from investors. Although the original business plan was formed well, the organization had to alter its concept by looking to outside entities for advice. The business plan was revised multiple times, and the company was still rejected many times after pitching its plans. In the end, Dr. Holterman said that the frustrating experience of multiple rejections was a blessing in disguise. If Mariam Global Health had not perfected its business plan and had been given funds to implement the original faulty one, the organization may have failed.
Dr. Holterman’s Advice For Medical Science Entrepreneurs
In another interview, Dr. Holterman advised healthcare technology entrepreneurs to treat their ideas like friends but never like children. He explained that it is easier to part with a friend than with a child. If an idea that is not feasible is treated as a friend, it is easier to abandon it. If an impossible idea is treated as a child and is allowed to stay in a person’s mind, it can lead to wasted time and money. Also, people who focus on ideas that are not feasible may overlook the start of a different idea that could be great. When working to develop ideas, Dr. Holterman advises people to avoid bandwagons and large groups. He said that working with a small trusted group of colleagues with relevant skills is ideal, and people within that group should always present their ideas to one another for discussion and development.
More about Dr. Mark Holterman at Doctor.WebMD.com