An Outsider’s Playbook is out now, in English and Spanish  ·  Get the book →

About

The through-line is not industry expertise. It is enterprise value creation.

Most companies do not stall because they lack technology, talent, or attractive markets. They stall because the organization never evolves as quickly as its opportunity. I have spent decades leading companies through precisely those moments.

1985, before any of it

Where it started, and where it went back to

My professional life began in January 1985, inside the George Washington University Medical School. A research team there was building what became the APACHE Score, the system doctors still use to predict whether a patient will survive the ICU. I was not one of the scientists. I was the software developer in the room. The system lived on paper forms, and my job was to automate all of it for the PC: collect the data from ICU devices, put it into a database, and run regression analysis against a known dataset. Data in, model applied, prediction out.

Four decades later, the industry calls that architecture AI. I call it the first time I watched medical data change a clinical decision. In 1987 I left for the US House of Representatives IT group, building the national LAN infrastructure, and in 1990 for Microsoft, and it took me four decades to get back to where I started. When people ask why a generalist ended up in MedTech, the honest answer is that MedTech is where I began.

The arc

Four rules I have paid for

Rule 01

The outsider sees the ceiling

Insiders inherit their industry's assumptions. Outsiders get to question them. Every company I have built started with a question the incumbents stopped asking years ago.

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Rule 02

Sell outcomes, never features

Nobody buys a spec sheet. They buy what changes for them. If your differentiation cannot be stated as a customer outcome in one sentence, you do not have differentiation yet.

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Rule 03

Capital is a craft

Raising money is not an interruption to building the company. It is part of building the company. The story, the model, and the investor deserve the same rigor as the product.

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Rule 04

A different organization first

Companies do not become larger by optimizing yesterday's operating model. They become a different organization first. Strengthen the enterprise, then accelerate growth.

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Lima to Bellevue

Born in Lima. In the United States since 1980, when I came for school and stayed to build. Married to Sarah, the best decision I ever made, and bonus dad to her twins. Four children, two sons-in-law, one granddaughter, and a standing tennis game. For the past three years I have mentored CEOs of minority owned businesses through Ascend, sponsored by JPMorgan Chase and anchored at my alma mater, the UW Foster School of Business. Good scaling advice should not require a seven-figure consulting engagement. After decades of learning, this is how I give back.

Juan and Sarah on their wedding day
Our wedding day · The best decision I ever made

Field notes

Juan Vegarra and Bill Gates on stage
With Bill Gates · Where do you want to go today?
Juan Vegarra presenting at Microsoft Executive Relations
Microsoft Executive Relations · London, 1990s
Processing plant under construction in the Peruvian Andes
Processing plant · Vena Resources
Underground mine portal with haul truck
Underground portal, level 40 · Companies are built here
Community program in the Peruvian Andes
Community program, Andes · Social responsibility awards
Juan Vegarra at the Peru pavilion of a mining investment conference
Perú pavilion · Raising capital for home
Juan Vegarra at a mineralized outcrop in the Peruvian Andes
With my senior geologist · The Vena years
Vena Resources opening the market at the Toronto Stock Exchange
Market open, TSX · Vena Resources (VEM)
Juan Vegarra addressing investors during the Vena Resources years
Investor address · The Vena years
Juan Vegarra working on the road
On the road · Building, still

The industries changed.
The questions never did.

If something here lines up with a problem you are sitting with, write to me. I read what comes in and I answer what I can. English or Spanish, whichever is easier for you.

There is no form and nobody in the way. One email is usually enough to work out whether there is anything here worth your time.

juan@juanvegarra.com · +1.425.246.8496 · Bellevue, Washington

What I actually recommend

Books, frameworks, and sources that survived the operating years.

The Shelf →