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In this episode, I talk with Marvin Liao, who is a recovering startup, big tech company, and VC guy. He worked at Yahoo for over a decade during its heyday and most recently left 500 startups where he was a venture partner and in charge of their San Francisco accelerator program. I first met Marvin at 500 startups when my company, Lab Sensor Solutions, was part of Batch 14. I learned a lot from Marvin and the other mentors at 500 start-ups. The most important thing was the power and art of pitching, which is all about telling better stories as well as practice, practice, and more practice so you didn't have to drink Marvin's infamous punch. In our conversation, we explore Marvin's daily routine and how it allows him to calm his mind and think deeply about the world. We talk about how the minor gains build-up to bigger gains over time. His LinkedIn posts about startups and the world are epic and one of the most valuable reads to see what's going on in the startup and the rest of the world. It's his deep learning and monitoring of the world that has made Marvin a successful investor in the world of startup alchemy. Now, let's get better together. Actions to Try or Advice to Take Have a Daily Routine & stick to it Have a Meditation Practice: Successful people tend to mediate. Marvin does 10 minutes in the morning and sometimes at night. Flex Time: Set aside blocks of time for reading and reflection to keep yourself sharp. Have time to think. Naps: A 30-minute to 90-minute nap in the afternoon helps his performance. No devices 2 hours before bed. Read a physical book before bed. A startups default is to failure. If you try your best, that's all anyone can ask of you. You only have about 4 hours of creativity a day. Getting 8-9 hours a sleep a night is his goal. The only advance you'll have in the world of robots and AI is your creative deep work. You hide from yourself when you're too busy. Links to Explore Further Marvin Liao on Linked In Nootropics Oak Meditation App 500 Startups Cal Newport's Deep Work Learn more about your ad choices. Visit podcastchoices.com/adchoices
004. Lab Sensor Solutions | Jarie Bolander is an engineer by training and an entrepreneur by nature with over 20 years of bring innovative solutions to market such as Bluetooth, USB, RFID and Semiconductor DNA sequencing. He is currently the co-founder and COO of Lab Sensor Solutions, a digital health company that is applying sensor technology to track the temperature and location of clinical samples to prevent spoilage... *** For Show Notes, Key Points, Contact Info, & Resources Mentioned (special preview below) on this episode visit here: Jarie Bolander Interview. ***
There are a wide variety of medical tests and samples that are time, temperature, and handling sensitive; if either one of these factors isn't properly maintained, then inaccurate results will be delivered, putting the health and lives of patients at risk. With an error rate of 35-40 percent, blood samples taken for the purposes of monitoring chemotherapy are the most vulnerable to becoming compromised by environmental variants encountered before they even reach the machine for analysis, and a variety of other medical samples have an average error rate of between five and eight percent. Lab Sensor Solutions is a company that's developed a system to address this by closely tracking the temperature and location of sensitive medical samples with less than a five-minute delay. How do they do it? Since such sensitive samples should be kept in close proximity to the courier who's transporting them, Lab Sensor Solutions places Bluetooth-enabled, low-energy temperature sensors inside the containers holding samples, and connects those sensors to the courier's own mobile device. If a sample has been sitting too long, has reached too high or low of a temperature, or is on a route that will take longer than the sample will stay viable, then an alert will automatically be sent to the courier, the dispatcher, and the supervisor on shift. Prior to the implementation of this system, there was no way to identify when a sample was at risk of spoiling, but now the team at Lab Sensor Solutions is seeing on average three to five corrections a day and a significant increase in overall compliance. They already have 12 customers all around the country and are continuing to expand. Tune in and visit Lsstracks.com to learn more.
Being an entrepreneur can often feel like a life or death situation. You make feel awkward, uncomfortable and nervous. Believe it or not, these are all strengths. To stay on top you need to stay hungry. You need to feel worried your life will sink, because if you become complacent someone else will come along and take over the space. The most important thing to keep in mind is that you don't have to be the first out of the gate. Just because you aren't the first person to do something doesn't mean you have any less of a chance of success. On this episode of Creative Warriors we are joined by Jarie Bolander, who has studied the entrepreneurial culture in the 21st century and how much it's been changing. Jarie is an engineer by training and an entrepreneur by nature. He has over 20 years of experience bringing innovative solutions to market such as Bluetooth, USB, RFID and Semiconductor DNA sequencing. He is currently the co-founder and COO of Lab Sensor Solutions, a digital health company that is applying sensor technology to track the temperature and location of clinical samples to prevent spoilage. Jarie has formed or been part of 6 startups in various management roles. He holds an MBA in Technology Management from UOP and a BS in Electrical Engineering from San Jose State University. He is also inventor or co-inventor on over 10 patents and has published four books — The Entrepreneur Ethos, Frustration Free Technical Management, #ENDURANCE tweet — A Little Nudge to Keep You Going and Business Basics for Entrepreneurs. Be forewarned- the beginning of this interview is very emotional, and may even bring a tear to your eye. Download this episode today to hear Jarie's insights on what it takes to be a successful 21st century entrepreneur. WARRIOR OF DISCIPLINE “Failure is an option, but never an end result.” -Jarie Bolander My book, LINGO: Discover Your Ideal Customer's Secret Language and Make Your Business Irresistible is now available! Highlights - Entrepreneurs need to have space for themselves to avoid burnout. You have to have entrepreneurial skills to survive in the 21st century. There's a lot of parallels between the activist mindset and the entrepreneurial mindset. Artists are entrepreneurs, they just don't like the business. The world isn't changed by people who sort of care. Grit is passion and perseverance for a very long term goal You need to have a blue collar work ethic. Entrepreneurs have to adjust and continue to hustle. It's important to be aggressively patient. If you want to stay on top, you have to stay hungry. Guest Contact - Jarie's Website Jarie's Twitter Jarie's Latest Book THE ENTREPRENEUR ETHOS: How to Build a More Ethical, Inclusive, and Resilient Entrepreneur Community Mentions- 17hats Resources - 12 Must-Have Mindsets for Uncommon Entrepreneurs! A FREE tool for Creative Warriors to help you get clear on the ways you need to think differently to get the results you want. We've been handed a whole bunch of malarky about who we are and how business works that simply doesn't work for us. It's time to set it straight! This tool will give you the insights you need to think your way to success as a Creative Warrior and keep you on track. Check out the Creative Warriors RESOURCE page! A collection of the best companies, hand-selected, to help you succeed! You'll find vendors, services, products, and programs to help you Create, Serve, and Be Prosperous! All these companies have been used and approved by Jeffrey and most are used every day in his business. Music by Jawn
Jarie Bolander is an engineer by training and an entrepreneur by nature. He has over 20 years of experience in bringing to market innovative technology solutions, such as Bluetooth, USB, RFID and Semiconductor DNA sequencing. He is currently the co-founder and COO of Lab Sensor Solutions, a digital health company that applies sensor technology to tracking the temperature and location of clinical samples in order to prevent spoilage. Jarie has formed or been part of six startups in various management roles. He holds an MBA in Technology Management from University of the Pacific and a BS in Electrical Engineering from San Jose State University. He is also inventor or co-inventor on over 10 patents and has published four books — The Entrepreneur Ethos, Frustration Free Technical Management, #ENDURANCE tweet — A Little Nudge to Keep You Going, and Business Basics for Entrepreneurs. You can read Jarie's thoughts on management and entrepreneurship via his blog, The Daily MBA or follow him on Twitter.
How I Raised It - The podcast where we interview startup founders who raised capital.
Produced by Foundersuite.com, "How I Raised It" is an interview series that goes behind the scenes with startup founders who successfully raised capital. This episode is with Jarie Bolander, CEO of Lab Sensor Solutions (www.labsensorsolutions.com). Jarie raised money from startup accelerators 500 Startups and Launchpad Digital Health. Recorded on January 18, 2018. UPDATE: Check out Jarie's new book called "The Entrepreneur Ethos" available on Amazon: https://www.amazon.com/ENTREPRENEUR-ETHOS-Inclusive-Resilient-Entrepreneur-ebook/dp/B075NYXRLP/
Jarie Bolander is an engineer by training and an entrepreneur by nature with over 20 years of bring innovative solutions to market such as Bluetooth, USB, RFID and Semiconductor DNA sequencing. He is currently the co-founder and COO of Lab Sensor Solutions, a digital health company that is applying sensor technology to track the temperature and location of clinical samples to prevent spoilage... Want to Support the Show? Well we'd love for you to join our Patreon Group! What's in it for you? Well you'll instantly get a scheduled call from Austin, where he'll help you with your current or future business... Sign-Up Now at millionaire-interviews.com/patreon.
The Top Entrepreneurs in Money, Marketing, Business and Life
Ep 122 Jarie Bolander of LabSensor Solutions is an engineer by training, entrepreneur by nature and leader by endurance. Presently, he is the founder and COO of Lab Sensor Solutions, a company bringing sensor technology to healthcare to prevent medical errors. Click here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: http://nathanlatka.com/startertribelive 3 Key Points: Know your industry. Quality, quality, quality. Start slow and do a LOT of research. Episode Notes: 01:15 – Nathan’s introduction to today’s Show with Jarie Bolander 01:25 – Lab Sensor Solutions 02:27 – Five founders discovered a need for their product 03:14 – How equity is split 04:10 – 4 year vesting period 04:22 – Sales process 05:09 – 85% margins 06:08 – Raised $420k seed money from friends and family 06:24– Who are the customers? 07:31– Break down of membership and service 07:33 – Business was launched in January after working on the sales platform for 2 years 07:47 – Current monthly earnings 08:30 – High touch sales process 08:45 – Growth hacking methods 09:25 – Average sale per customer after trial period 11:25 – $3k/month revenue 11:48 – Effect of affordable care act on Lab Sensor Solutions 12:44 – The Famous Five Resources Mentioned: Lab Sensor Solutions—Jarie’s new venture, a B2B medical company that ensures blood sample integrity in transit. Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects without hiring full time employees. The Pumpkin Plan—By Mike Michalowicz Famous 5 Favorite Book?— The Pumpkin Plan By Mike Michalowicz What CEO do you follow?— Brian Clark What is your favorite online tool?— Slack Do you get 8 hours of sleep?—Trying If you could let your 20 year old self know one thing, what would it be?—Be confident that you can be your own boss. The people who tell you that you can’t are probably just jealous that you’re doing it. Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop The Top is FOR YOU if you are: A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4) STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7) An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1) The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14). Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries. Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop