Theodoric Chew, 28, co-founded psychological well being startup Mind in 2019.
Theodoric Chew suffers from panic assaults and an anxiousness dysfunction. However, he is by no means allowed it to cease him — in truth, it is impressed him to assist others scuffling with the identical.
At the moment, he’s the 28-year-old CEO and co-founder of psychological well being startup, Mind, that is raised over $20 million.
“We’re not simply an app, we’re not only a misery helpline,” Chew instructed CNBC Make It.
Mind is an “built-in psychological health-care system that goals to sort out any stage of danger and wish,” he mentioned.
“It could possibly be as acute and significant as a disaster name [where] you’ll want to communicate to somebody on the bottom … to as small as eager to be extra assured,” mentioned the Singaporean CEO.
Based in 2019, the corporate’s companies vary from psychological well being screening instruments and self-care packages, to consultations with clinicians and in-person clinics. Mind has over 200 workers throughout 12 international locations and says it has served over 3 million folks as of 2024.
From drop-shipping to advert arbitrage, Chew began experimenting with varied web companies all through his teenage years.
“Numerous this began throughout my secondary faculty years (ages 12 to 16) … I used to be already engaged on a few my very own issues at that time,” mentioned Chew, who attended Raffles Establishment, a widely known and prestigious faculty in Singapore.
At age 16, Chew determined to drop out of highschool.
“Trying long run, I actually did not see myself going the trail of … being a prime scholar, going to a prime college, or being a prime lawyer or physician,” he mentioned.
However what he clearly knew was that he needed to spend extra time constructing issues. “For me, it is by truly working in startups reasonably than, you understand, the speculation of it.”
Chew caught a few “fortunate breaks” after dropping out, he mentioned.
By age 20, he had already based and efficiently exited his first startup, Existgreat, a self-help content material platform that featured interviews with the likes of American entrepreneur and speaker, Gary Vaynerchuk.
Following the acquisition, Chew went on to work at a few startups, the place he gained extra expertise.
Recounting his personal journey with psychological well being, Chew mentioned: “I bought my first panic assault after I was 16.”
“That is when, truly, I noticed one thing appeared a bit flawed,” he added.
Chew went on to hunt the assistance of a therapist, and was later recognized with an anxiousness dysfunction.
By way of his personal expertise, the Singapore-native discovered a evident downside: whereas psychological well being points are prevalent in Asia, the area is basically underserved.
Theodoric Chew served Nationwide Service in Singapore for two years.
Courtesy of Theodoric Chew
In response to World Well being Group analysis, “virtually one billion folks globally dwell with psychological well being situations of which roughly 260 million folks dwell within the WHO South-East Asia Area.”
As well as, about 82% of employees in Asia have a “medium to excessive” danger for creating psychological well being points, in accordance with a report by insurance coverage dealer Aon and Telus Well being.
“For me, just a few issues have been beginning to piece collectively,” mentioned Chew. “It isn’t information that Asia has one of many highest psychological well being disaster charges, however stigma is tremendous robust.”
Naturally, there are cultural and historic nuances that form how Asians are likely to deal with their very own psychological well being. They are usually much less inclined to share their emotions overtly, defined Chew.
“That trickles right into a broader, societal focus of well being care as properly. Numerous funding and innovation goes into secondary, main and tertiary care — we see hospitals being constructed,” however the psychological health-care market lacks maturity, Chew mentioned.
I do not suppose I am the neatest, I do not suppose I am essentially the most succesful however … I’m naively formidable, and I feel that has served me fairly properly.
Theodoric Chew
Co-founder and CEO, Mind
Chew noticed that his associates have been additionally scuffling with their very own psychological well being wants, they usually did not know the place to start.
There was “fairly virtually little or no to no innovation taking place within the psychological well being area in Asia,” at the moment, he added.
“Not loads has been executed, however the points are very actual,” mentioned Chew. “So, that gave us an excellent place to begin: how can we tackle this difficulty of serving to folks to get began?”
And so, Mind was born.
“I feel within the very preliminary phases, any founder must be a bit delusional,” mentioned Chew. “I do not suppose I am the neatest, I do not suppose I am essentially the most succesful however … I’m naively formidable, and I feel that has served me fairly properly,” he mentioned.
All through his journey up to now, Chew has been distinctly conscious of his strengths, and extra importantly, the place he’s missing. By understanding the place his weaknesses lie, Chew outsources sure expertise and jobs to workers.
“As a founder, significantly a younger founder, you’ll want to be very conscious of the place you are not good at, reasonably than the place you are good at, and be open minded to be taught,” he mentioned. “Our whole govt workforce is far more skilled and senior than I’m.”
Mind now affords in-person clinic visits.
Courtesy of Theororic Chew
Together with being “naively formidable” and being extremely self-aware, the important thing to Chew’s success has been three-fold: Having an innate curiosity in constructing issues, having the drive to experiment with concepts, and anticipating challenges alongside the way in which.
Nevertheless, the fact is that “it by no means will get tremendous simple or simple for anybody, so there’s at all times that inertia to beat,” Chew mentioned. “I feel [expecting] that to be a part of the journey can be an important factor.”
Trying forward, Chew desires to increase Mind past Asia, with the aim of being the “world chief in hyperlocal psychological well being care,” he mentioned.
“The journey has been very thrilling and rewarding … I did not even anticipate how rapidly we might truly serve a really evident want.”
When requested about how he handles the anxiousness and stress of being a startup founder, he mentioned he works on regulating his feelings and stress, and tries to compartmentalize.
“Parking work at work typically is admittedly required,” he mentioned.
“I feel having my very own private downtime in area is necessary for me to operate for the lengthy haul.”
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