Tue, 28 November 2017
I'm not sure how many people would up and quit google and sell their house to fund an innovation. On top of that, the idea was in an area that many say had no room for new innovation. A very typical innovation antibody response to this persons idea. Unexpected InnovationMany innovations that go on to become market leaders are the result of the innovators own personal frustrations. For Renee, that frustration came from wanting a better way to search and find audio content that allowed her to stay up with everything going on. While many believe that world does NOT need yet another podcast application, Renee believed that allowing for audio keyword search was one such innovation that others would find helpful. I was one of those people. While I've tried just about every podcast app going back almost 14 years, CastBox did create something unique. Innovation Through SacrificeWhat are you willing to do to take your idea and create the product or service you envisioned? Some will use some of their savings or maybe even borrow from a few credits cards. Few will go the levels Renee has done. In her case, she quit the ultimate job with Google and sold her house to fund what became CastBox. That is true sacrifice to fulfill a vision. About Renee Wang:Renee Wang started her technical career working for Google. Her passion for listening to spoken audio led her to asking the questions, "why can't I search for keywords in audio?." This simple question led her down the path of finding a solution to this obvious question. Renee quit her job and sold her house to launch CastBox. What is it? It's a global audio platform pioneering in-audio search and delivering contextual recommendations to listeners of podcasts, on-demand radio and audiobooks.
[callout]Listen to this weeks show below to hear how Renee Wang, founder and CEO of Castbox, went from idea to innovation in audio.[/callout]
Direct download: Would_You_Quit_Google_and_Sell_Your_House_for_an_Idea_S13_Ep39.mp3
Category:Past Shows -- posted at: 6:29am PDT |
Tue, 21 November 2017
When it comes to tackling some of the hardest medical innovations, patience becomes a fundamental requirement. Because of the regulatory challenges of getting government approval, its not uncommon to wait for years before an innovation is approved for use. That assumes you can solve all of the technical and medical issues before even starting to secure government approval. In the case of Dean Irwin, the innovation he envisioned needed innovation in components before the product could be created. How long would you be willing to wait? In Dean's case, that wait was for 15 years. PatienceWaiting 15 years to bring an innovation to market is the ultimate example of patience. Why did it take so long? To achieve the design objectives, the product needed innovation in a number of areas including smaller and cheaper lasers, improved delivery approaches and confidence in the vision of using lasers to address a medical need that no one else considered. So how do you fund innovations that take so long? Dean's company took the basic elements and went after a market that was less demanding and that could generate enough margin to fund the long term vision. The result was a bootstrap approach to ensure control of the vision and funding to drive the innovations needed. What's the status of the innovation Dean has waited so patiently for? [callout]Listen below to this weeks show to hear how Dean Irwin's patience is saving lives.[/callout] About Dean IrwinDean Irwin is founder and CEO of Ra Medical Systems. Since founding Ra Medical Systems, he has spearheaded the successful design, development, and commercialization of the Pharos excimer laser for dermatology as well as the investigational DABRA excimer laser and DABRA catheter for peripheral artery disease (PAD). Over his career, he has published numerous engineering and scientific papers including consulting to the Plasma Research Center at the Massachusetts Institute of Technology (MIT) and the Institute of Plasma Physics at Nagoya University in Japan. Dean has been issued eight patents in the field of ultraviolet light and phototherapy, four patents for advanced display technologies, and has numerous patents pending for methods, devices, and catheters for cardiovascular applications. Show Links:[callout]Listen below to this weeks show to hear how Dean Irwin's patience is saving lives.[/callout]
Direct download: Patience_Waiting_15_Years_To_Bring_An_Innovation_To_Market_S13_Ep38.mp3
Category:Past Shows -- posted at: 6:11am PDT |
Tue, 14 November 2017
We've all heard the mantra to never give up. We say it to our kids in the hopes that they stick with something that has impact. In the case of Dean Irwin, this mantra as child set him on a path that few could imagine. Dean left school at 13 to become an entrepreneur. His first effort was studying and repairing radios and TV back when they relied on vacuum tubes. This foundation let to him becoming and engineering consultant at MIT working on nuclear fusion. How do you go from a kid of 13 fixing TV's to working on nuclear fusion at one of the most prestigious universities? Through passion, curiosity and willingness to use his understanding of the basics and applying them to new technologies. It turns out that understanding the basic of vacuum tubes is directly attributable to understanding and building the elements needed for nuclear fusion. Never Give UpDean credits his upbringing that encouraged his interests to learn, understand and apply his ideas in unique ways. To never give up on his dreams and interests. Even if that means going in directions that sometimes don't seem logical. I'm not sure as a father and a grandfather I could get comfortable with one of my kids or grand-kids leaving school at such a young age to go live their dream. Does that sound too conservative or too logical? Maybe. As I've preached many times, we all need to get comfortable being uncomfortable. And when we see youth who are on a path to transform society, we sometimes have to be willing to let go. Dean Irwin is one of those rare bread of entrepreneurs and innovators that can see what others can't and create life impacting innovations. [callout]Listen below to this weeks show to hear Dean Irwin's story and how he is changing our lives.[/callout] About Dean IrwinDean Irwin is founder and CEO of Ra Medical Systems. Since founding Ra Medical Systems, he has spearheaded the successful design, development, and commercialization of the Pharos excimer laser for dermatology as well as the investigational DABRA excimer laser and DABRA catheter for peripheral artery disease (PAD). Over his career, he has published numerous engineering and scientific papers including consulting to the Plasma Research Center at the Massachusetts Institute of Technology (MIT) and the Institute of Plasma Physics at Nagoya University in Japan. Dean has been issued eight patents in the field of ultraviolet light and phototherapy, four patents for advanced display technologies, and has numerous patents pending for methods, devices, and catheters for cardiovascular applications. Show Links:[callout]Listen below to this weeks show to hear Dean Irwin's story and how he is changing our lives.[/callout]
Direct download: Never_Give_Up_Leaving_School_At_13_To_Study_Nuclear_Fusion_S13_Ep37.mp3
Category:Past Shows -- posted at: 10:59am PDT |
Tue, 7 November 2017
Over my career, twice I found myself part of what I would consider high performance teams. These are teams that achieved far beyond expectations. Once you've been a part of a high performance team, you will do everything in your power to find another team just like it. What I struggled with was unlocking why some teams are high performing while others were so bad I did everything in my power to get off of them. This begs the question: Is there a formula or set of rules to creating and maintaining high performance teams? Yes - per the authors Linda Adams and Audrey Epstein, of The Loyalist Team: How Trust, Candor and Authenticity Create Great Organizations. In their book, they establish the framework that there are four types of teams.
Compared to saboteur teams, loyalist teams are 2000x more likely to be viewed as highly effective by their stakeholders. Mindset of High Performance TeamsIn their book, the authors layout what they believe are the tell tail signs of the loyalists team mind set:
What type of team are you on?Which team are you a part of? Take a free survey offered at Trispective.com [callout]Listen below to this weeks show to hear how you can create high performance teams.[/callout] About The Guests:Audrey Epstein's 20-year corporate HR career has focused on her passion: driving executive, team and organizational excellence. Prior to her consulting experience, Audrey managed learning and development functions within large companies and non-profits. Her experience includes building state-of-the-art leadership programs for executives, high potential groups, and special populations such as executive women. Linda Adams brings over 40 years of experience as a Human Resources professional in several large international corporations and as an Executive Coach to the senior leadership of several top North American businesses. Linda focuses her work on creating dynamic and sustainable change in the way executives interact and create results for their teams and their organizations. She works with senior executive leaders to articulate vision, build alignment, establish accountability and drive to attain results for their organizations. Links:[callout]Listen below to this weeks show to hear how you can create high performance teams.[/callout]
Direct download: Can_You_Create_High_Performance_Teams_S13_Ep36.mp3
Category:Past Shows -- posted at: 6:14am PDT |