004: Donated Blood? This B2B Company SOLVES the transit PROBLEM. A Bad Blood Business Story...
Entrepreneur Stories 4⃣ Inspiration
Millionaire Interviews Podcast & Sir Austin Peek
4.7 • 2K Ratings
🗓️ 1 January 2021
⏱️ 30 minutes
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| 0:00.0 | I ended up getting a divorce from my first wife and that made me no longer a millionaire. |
| 0:18.5 | That was the most disappointing thing that as a person that they believed in, I was letting |
| 0:22.7 | them go. |
| 0:24.0 | I really was a little too obsessed about the numbers. |
| 0:27.0 | As you get older, you realize that the only thing you have that's worth any money is your |
| 0:32.4 | time. |
| 0:48.7 | So my company right now is called LabCensor Solutions. |
| 0:52.1 | You're a sensor as a service platform for health and safety. |
| 0:55.9 | What that means is on the health side, anything that has to do with the healthcare system, |
| 1:01.4 | blood samples, urine samples, tissue, pharmaceuticals, reagents, whole blood, organs, stuff like that. |
| 1:09.2 | We make sure it gets to the right temperature at the right place at the right time because |
| 1:13.4 | those types of materials are temperature-sense. |
| 1:17.0 | If you bake a blood sample in the sun too long, the tests do not right. |
| 1:21.8 | So we have that side of the business and we also have what's called the safety side of |
| 1:25.3 | the business and that primarily has to deal with food safety. |
| 1:29.0 | So eat, dairy, produce, anything that if spoiled will make sick, which funnily enough, |
| 1:35.4 | I'm sure everyone has had food poisoning and that's what we're trying to prevent. |
| 1:39.6 | Our platform is a sensor, piece of hardware, mobile applications and cloud-based computing |
| 1:45.7 | to ensure that perishables don't spoil. |
| 1:49.5 | So if we're just talking about, I guess, to keep it simple, a blood test, for instance, |
| 1:54.0 | you're saying you censor that to make sure the temperature doesn't go too high, too low |
| 1:59.0 | in there and then, I mean, what were they doing before? |
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