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We had the privilege of sitting down with Dr. Dylan Attard, a leader at the crossroads of healthcare and technology. He takes us inside his unique entrepreneurial path and provides valuable insights into his personal financial journey.

I am a dynamic physician with specialized training in Surgery, currently leading SiGMA's healthcare conference verticals through the Med-Tech World Summit. My fervent interest in startups and entrepreneurship is driven by a deep conviction that these ventures hold the solutions to our world's most pressing issues. I am dedicated to utilizing my skills and background to foster innovation within the healthcare sector, harnessing the latest technologies and business strategies to attain success.

My profound empathy for underdogs and my belief in the power of persistence shape my outlook. I'm consistently drawn to narratives of individuals conquering significant obstacles to achieve triumph, and I am resolute in my commitment to offering support on their journeys.

As a connector, I understand the potency of cultivating authentic relationships that extend beyond mere business associations. Actively seeking chances to engage with others, I prioritize learning from their experiences and sharing my own, striving for mutually advantageous outcomes.

Career

My journey through medical school was marked by active involvement in the Malta Medical Students Association, where I embraced leadership roles. This experience became a microcosm of my entrepreneurial path. Just as I initiated innovative projects and fostered collaborations within the association, I began to recognize the power of creative problem-solving and teamwork. This mindset carried into my broader journey, inspiring me to blend my medical foundation with an entrepreneurial spirit. As I bridged the gap between medicine and entrepreneurship, I discovered ways to drive innovation and positive change, both within my academic pursuits and beyond, in the dynamic world of med-tech entrepreneurship.

MedTech

What inspired you to pursue the intersection of medicine and technology?

Passion for med-tech innovation drove me to organize conferences and events. Witnessing the transformative impact of surgical med-tech devices, I recognized the need for a platform to unite experts, startups, and investors. Conferences became the conduit for sharing groundbreaking ideas, sparking collaborations, and accelerating industry growth. The convergence of my surgical background, entrepreneurial zeal, and event management expertise fueled this endeavor. By orchestrating these events, I facilitate the exchange of knowledge, catalyze innovation, and ultimately contribute to advancements that enhance patient care and reshape the landscape of medical technology.

You’ve organized and attended a few MedTech conferences. Was there one piece of entrepreneurial advice that’s stuck with you from one of the speakers?

Absolutely, a piece of entrepreneurial wisdom shared by a speaker during a MedTech conference has resonated with me profoundly: the importance of patience. In the fast-paced world of entrepreneurship, it's easy to rush and seek immediate results. However, this advice highlighted that sustainable success often requires giving ideas and ventures the time they need to develop, refine, and gain traction. This insight has encouraged me to approach my endeavors with a balanced perspective, understanding that while urgency is vital, cultivating patience can lead to more solid and enduring outcomes in the evolving landscape of medical technology.

Money

If you are stuck on something money related, who is your first call or where are you’re going for help and more information?

When facing money-related uncertainties, my initial step is to ensure I have my mobile with me, enabling contactless payments for convenience. If not, my first recourse is seeking assistance from my brother or either of my parents. I prioritize self-sufficiency but value their guidance in financial matters, reflecting our strong familial support system. This approach ensures I'm well-prepared for various financial scenarios and can readily tap into reliable sources of advice and aid when needed.

Is there an area of personal finance that you struggle with the most or wish you knew more about? Especially as an entrepreneur and within the healthcare industry?

Certainly, as an entrepreneur entrenched in the healthcare industry, I often find myself wishing for a deeper understanding of investing in stocks and bonds. The intricacies of navigating the financial markets can be overwhelming, and I recognize that having a solid grasp on these aspects could greatly benefit my financial endeavors. While my expertise lies in med-tech entrepreneurship, the world of stocks and bonds remains a realm where I seek to enhance my knowledge. As I continuously strive to innovate within healthcare, I also aspire to expand my financial acumen to make informed investment decisions that align with my long-term goals.

For anyone else who is also wanting to learn more about investing in different assets check out this resource.

How do you invest your money? What does your current portfolio mix consist of?

Currently, I invest in a combination of stocks and real estate. While I haven't reached the exact portfolio mix I aim for, I believe in the potential of these assets to build wealth over time. Stocks offer growth prospects and liquidity, while real estate adds stability and the possibility of rental income or property value appreciation. Despite not having reached my ideal investment balance yet, I am committed to refining my strategy and continuing to work toward a diversified portfolio that aligns with my financial objective.

Do you have a budget?

Absolutely, having a budget is a fundamental aspect of responsible financial management. It provides clarity on income, expenses, and savings goals. This disciplined approach safeguards against overspending and ensures that financial objectives are met. It's essential to strike a balance between calculated risks and prudent financial choices. While taking risks can be part of entrepreneurship and investment, it's crucial not to overextend or jeopardize financial stability. A well-structured budget empowers me to make informed decisions, allocate resources wisely, and pursue growth opportunities without compromising financial security.

What’s your does your dream retirement look like?

While many opt for peaceful seaside retreats, my dream retirement diverges—I envision spending my golden years in bustling big cities. The energy, culture, and opportunities that urban landscapes offer resonate with me. Particularly, New York holds a special allure, where I'd thrive in its dynamic atmosphere. The idea of continuing to be surrounded by innovation, diverse experiences, and the vibrant rhythm of city life aligns with my aspirations. My retirement goal is to remain engaged, inspired, and financially comfortable while embracing the fast-paced excitement that metropolitan settings, like New York, have to offer.

Are you an entrepreneur that’s still figuring out how to achieve your dream retirement plans — learn more about your retirement options.

To learn more about Dr. Dylan Attard and stay connected, you can find him on Linkedin or visit his website.

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If you want more resources on building wealth as an solopreneur/entrepreneur, check these out:

• The Solo 401k handbook 

• What is a Solo 401k?

• How to Open a Solo 401k

• Common Solo 401k FAQs

• Solo 401k Contribution Calculator