Wayne Nix, the Founder of RNvention and creator of the MultiNix, is a man of many experiences. Nix is a veteran of the Armed Services who has also been a Respiratory Therapist for 20 years, a Registered Nurse for 9 years, and an Entrepreneur for 4 years. Combining his medical knowledge, industry experience and an MBA ( along with his “Get Stuff Done” attitude) has allowed Wayne to found RNvention LLC, a company dedicated to facilitating innovations by healthcare professionals.
Citing personal family tragedy and frustration with the healthcare ecosystem as the main reasons for becoming an entrepreneur, Nix has found a niche that allows him to work toward personal goals, rather than industrial ones. Eager to become an expert in the field of Healthcare Innovation, Nix is combining bedside experience, personal research, and model aggregation into a scalable, teachable philosophy, which manages to throw traditional MBA training on its side.
The last 3 years of Nix’s life have been dedicated to his startup company and the production of his first product: the MultiNix, which is a utility tool created specifically for frontline healthcare professionals. After 2 years of pitch competitions, revised business plans, and vetting by angel investors, RNvention received investment funding in early 2017. While receiving investment is a huge personal accomplishment, this infusion of funds does not change Nix’s theory of “fail forward”; it is yet another step along the path of using resources wisely. The current version of Multinix has gone through 3 years of revisions and numerous prototypes. Utilizing his real-world experience, along with the feedback and input of numerous clinicians across different disciplines of healthcare, has allowed Wayne to focus on solving the major pain-points shared by all.
Lessons learned along the way are many, the most valuable lesson to learn according to Wayne is that, “Lessons are not over! The successful growth of a product and company will be dependent on the founder’s ability to continuously evolve and provide value to others.” Nix plans to do exactly that and more well into the future.