The GetHealthyDeals
Team:
Healthcare concerns generate huge debates every year in America. Every year trillions of dollars are spent from public and private funding, yet millions of Americans still do not have access to affordable healthcare products.
Healthcare concerns generate huge debates every year in America. Every year trillions of dollars are spent from public and private funding, yet millions of Americans still do not have access to affordable healthcare products.
We
want to talk about the GetHealthyDeals story. A lot of people would
want to know how the journey started, mission, vision, and
how you intend to transform the healthcare industry in the US,
but first who is Dr. Babajide Sadiq?
Babajide
Sadiq:
Babajide Sadiq is my full name, but friends just call me ‘Jide’. I am a public health professional born in Lagos Sate, Nigeria. I have a Master’s degree in Public Health from Florida State University and a Doctoral degree in Public Health from Florida A&M University. After serving 15 years in different areas of public health, I founded and am now CEO of GetHealthyDeals.com, America’s premier healthcare price comparison website.
Babajide Sadiq is my full name, but friends just call me ‘Jide’. I am a public health professional born in Lagos Sate, Nigeria. I have a Master’s degree in Public Health from Florida State University and a Doctoral degree in Public Health from Florida A&M University. After serving 15 years in different areas of public health, I founded and am now CEO of GetHealthyDeals.com, America’s premier healthcare price comparison website.
The
GetHealthyDeals Team:
Before you tell us about your whole journey that got you to GetHealthyDeals, tell us a little bit more about what GetHealthyDeals.com does.
Before you tell us about your whole journey that got you to GetHealthyDeals, tell us a little bit more about what GetHealthyDeals.com does.
Babajide
Sadiq:
GetHealthyDeals is the first, number one, and only Healthcare and Beauty Price Comparison Website in America. GetHealthyDeals.com intends to disrupt the $5 Trillion dollar health and beauty industry in the US by transforming the way healthcare is delivered to millions of Americans. Our mission is to help Americans have access to quality healthcare at affordable prices. Our vision is to be the number one and the largest one-stop shop for people looking for quality in affordable healthcare and beauty products and services.
GetHealthyDeals is the first, number one, and only Healthcare and Beauty Price Comparison Website in America. GetHealthyDeals.com intends to disrupt the $5 Trillion dollar health and beauty industry in the US by transforming the way healthcare is delivered to millions of Americans. Our mission is to help Americans have access to quality healthcare at affordable prices. Our vision is to be the number one and the largest one-stop shop for people looking for quality in affordable healthcare and beauty products and services.
The
GetHealthyDeals Team:
What a big dream! You sound very confident.
What a big dream! You sound very confident.
Babajide
Sadiq:
Yeah, it is a big dream, our team is really working hard everyday to make it a reality.
Yeah, it is a big dream, our team is really working hard everyday to make it a reality.
Babajide
Sadiq:
The journey started around November 2017, it was both situational and a passion of mine.
The journey started around November 2017, it was both situational and a passion of mine.
The
situation I faced was that a friend of mine who is diabetic had just
lost his job and was looking for ways he can continue to afford his
medication. Knowing that I had years of experience in public health,
he contacted me to inquire if I know of ways or some websites/ to get
affordable health insurance for his medication. To save my dear
friend’s life, I surfed the web for hours going from one site to
another opening different tabs on my computer, which is really time
consuming. Immediately I started thinking, why not not have a
one-stop shop for all health and beauty care just like kayak.com for
travelers; Kayak is a website that compares prices and deals in one
place which makes comparison easier while saving time, money, and
energy.
Realizing
that there is no website like this in America, I placed a call to my
brother and after a 30-minute phone conversation discussing the idea,
he sent $2,000 cash to my account. I took this as a challenge, like
someone placing a bet on me.
Since
I am not a developer and have no idea of how the simplest website is
created, my first task was to look for web developers. After one week
of googling and surfing the web I eventually found one through
Upwork. The developer and I spoke for days to understand the scope of
the project, and after realizing the complexity and the time required
to build the website, he gave me a budget that is way over my entire
savings (laugh). After seeing this budget, I told him that I would
get back to him but I know within me, I can't afford that kind of
money. For weeks, I was down but my instinct keep telling me that I
can achieve my dream – but how, I don't know.
In
January 2018, I went back to re-post my project again on Upwork and
after just 2 hours of re-posting, a developer contacted me from India
and we scheduled a Skype meeting within a week's time. During our
meeting he said, and I quote "I don't want to disappoint you,
this is a great idea, I will introduce you to someone who is more
experienced than I am". Days later, someone buzzed me and
introduced himself as Sajid, saying that he got my contact from the
previous developer and that he will be the one that will be helping
me to develop my website. We discussed the scope of the project and
scheduled another day for him to give me a budget he could work with.
As usual, he gave me a budget that I cannot afford (laugh), but this
time I was determined to not give up. I struck a deal with him that I
will pay him part of the money and the other part will go to him
having some stake in the business. He agreed immediately. With the
$2,000 gift from my brother and after emptying my balance in all 5 of
my credit cards and few savings from my meager salary (which I am
still using to-date to fund the improvements and maintenance of the
website), GetHealthyDeals.com was born.
The
GetHealthyDeals Team:
The Healthcare Industry in America is very big.
The Healthcare Industry in America is very big.
Babajide
Sadiq:
Yeah, very big. It’s huge!
Yeah, very big. It’s huge!
The
GetHealthyDeals Team:
How big?
How big?
Babajide
Sadiq:
We are talking about an industry accounting for over 17% of the total GDP of the American economy, which is around $3.5 Trillion dollars and growing at a rate of about 4.6 % yearly. If you total other services provided on our website such beauty, personal care, and healthcare advertisements, you are looking at around $4.5 to $5 Trillion dollars of investment.
We are talking about an industry accounting for over 17% of the total GDP of the American economy, which is around $3.5 Trillion dollars and growing at a rate of about 4.6 % yearly. If you total other services provided on our website such beauty, personal care, and healthcare advertisements, you are looking at around $4.5 to $5 Trillion dollars of investment.
Yet,
almost 1 in 2 Americans can’t afford prescription drugs or
healthcare services with their health insurance – and 1 in 5 don’t
even have health insurance. So people really do need GetHealthyDeals,
even those that don’t know about it yet.
The
GetHealthyDeals Team:
How does Gethealthydeals intend to solve these problems and what is your competitive advantage?
How does Gethealthydeals intend to solve these problems and what is your competitive advantage?
Babajide
Sadiq:
Great question. Gethealthydeals.com provides people a single-source portal where they can compare the relative costs of solutions from different providers so they can make safe, informed decisions about how their scant healthcare funds may best be spent.
Great question. Gethealthydeals.com provides people a single-source portal where they can compare the relative costs of solutions from different providers so they can make safe, informed decisions about how their scant healthcare funds may best be spent.
Through
our price comparison tool engine we aggregate prices and deals for
millions of healthcare products and services such as prescription
drugs, health insurance, and various beauty products and services
from thousands of businesses, and that’s what we show to our users.
Right
now, we are the only one offering this kind of service in America,
even in the world. Like I said before, GetHealthyDeals is out to
transform the way healthcare is delivered to millions of Americans.
The
GetHealthyDeals Team:
Sound like a very lofty project. Where are you with it right now?
Sound like a very lofty project. Where are you with it right now?
Babajide
Sadiq:
With just only two staffs we were able to launch the website in July, 2018 after 6 months of inception of the project. 4 months after launching the website, we launched the app for the website. The website and app have unique features not seen in other websites such as:
With just only two staffs we were able to launch the website in July, 2018 after 6 months of inception of the project. 4 months after launching the website, we launched the app for the website. The website and app have unique features not seen in other websites such as:
- Price Comparison Tool – a price aggregator that compares prices from thousands of retail websites with millions of healthcare products and services.
- Geolocation Tool – that helps users locate nearby health and beauty services such as clinics, hospitals, gyms, spas, nursing homes etc.
- Vendors Page/eCommerce Portal – a page for vendors and partners to advertise their products and services
- News Blog – for accurate science reporting from our own in-house health news team.
Just
recently, we launched our first campaign to raise funds from
investors in order for us to increase our resources. With only two
full-time staffs,
we will need to add more staff, improve and enhance our website and
app, and increase our market capacity to reach more people.
The
GetHealthyDeals Team:
Wow, with such limited resources, you were able to achieve this in a short period of time..
Wow, with such limited resources, you were able to achieve this in a short period of time..
Babajide
Sadiq:
Yeah, thanks to my developer for trusting me and believing in my dreams. As Yoko Ono once said “A dream you dream alone is only a dream. A dream you dream together is reality." I’m not a famous person, but this is my Dream, and together, it’s achievable.
Yeah, thanks to my developer for trusting me and believing in my dreams. As Yoko Ono once said “A dream you dream alone is only a dream. A dream you dream together is reality." I’m not a famous person, but this is my Dream, and together, it’s achievable.
We
now have 5,000 visitors with no money spent on marketing, just social
media, word of mouth, tools like Whatsapp etc. This places the value
of the website and app at over $5 million. I base this on solid
research from different studies showing that an average American
spends at least $400 on health, personal care, and beauty products
per month. That means that with an average of 1,500 visits on the
website per month X $400 spent, that shows a potential of $600,000
per month – and for a year, that would be $600,000 X 12, which
would be $7,200,000.
Our
goal is to hit 100,000 users in the next 6 months, which will give us
a valuation of about $100,000,000 million, or $1,000 per user.
The
GetHealthyDeals Team:
Looking at these numbers, it seems like a laudable project. What if an investor came today and offered you some money to buy you out?
Looking at these numbers, it seems like a laudable project. What if an investor came today and offered you some money to buy you out?
Babajide
Sadiq:
Hmmn, I have never thought about that, my main focus right now is building a system that will help millions of Americans have access to quality healthcare that is affordable and accessible. It is hard to put a value to one’s passion, I can’t really put a number out there right now. Well hundreds of millions of dollars is not a bad idea you know (laugh).
Hmmn, I have never thought about that, my main focus right now is building a system that will help millions of Americans have access to quality healthcare that is affordable and accessible. It is hard to put a value to one’s passion, I can’t really put a number out there right now. Well hundreds of millions of dollars is not a bad idea you know (laugh).
The
GetHealthyDeals Team:
Maybe $200 million (laugh)
Maybe $200 million (laugh)
Babajide
Sadiq:
Yeah, I can take that (continue laughing)
Yeah, I can take that (continue laughing)
The
GetHealthyDeals Team:
Where do you see GetHealthyDeals in the future – I mean one year, five years?
Where do you see GetHealthyDeals in the future – I mean one year, five years?
Babajide
Sadiq:
Thank you, That’s a very good question. In fact, my GetHealthyDeals plans are boldly written on my board in my room right now, I go to sleep and wake up with it every day. We always use it to help guide ourselves in every decision we make and every step we take.
Thank you, That’s a very good question. In fact, my GetHealthyDeals plans are boldly written on my board in my room right now, I go to sleep and wake up with it every day. We always use it to help guide ourselves in every decision we make and every step we take.
In
two years, we intend to cover between 10 to 20% of the serviceable
market of about $3 trillion dollars and attracted more than over 20%
new users of healthcare.
Our
long term goal is huge. It’s for GetHealthyDeals to be –
- the number one and the largest health and beauty care price comparison in America and eventually in the world by traffic,
- the largest database of people searching for healthcare and beauty products and services in the world,
- the website with the largest healthcare and beauty products and services available anywhere, and
- the biggest online store for health and beauty care products and services in terms of revenue generated.
The
GetHealthyDeals Team:
Thank you for the interview and we wish you all the best.
Thank you for the interview and we wish you all the best.
Babajide
Sadiq:
Thanks, the next time I will be sitting down with you, GetHealthyDeals will be among the Fortune 500 companies.
Thanks, the next time I will be sitting down with you, GetHealthyDeals will be among the Fortune 500 companies.
Contact
Information:
Name:
Dr. Babajide Sadiq
Organization:
GetHealthyDeals.com
Email: babajidesadiq@yahoo.com;
babajidesadiq@gethealthydeals.com
Website:https://www.gethealthydeals.com/
Website:https://www.gethealthydeals.com/
Join
the Fund Raising Campaign: https://www.fundable.com/gethealthydeals
Download
the app –Google Play Store
link: https://play.google.com/store/apps/details?id=com.gethealthydeals.GDH
Great Article
ReplyDeleteGreat idea for affordable access to quality healthcare.
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