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Entrepreneur Stories 4⃣ Inspiration

063: Breathe Right Nasal Strips founder (Dan Cohen)... Unstrips his Business. ⭐

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business:careers, Business

4.72K Ratings

🗓️ 1 January 2021

⏱️ 47 minutes

🧾️ Download transcript

Summary

Dr. Dan Cohen is the former Chairman of CNS, Incorporated. Dr. Cohen was the driving force behind the meteoric rise of Breathe Right nasal strips, acquiring the rights to manufacture and sell the product for the medical equipment company he founded in 1982. In 2006, GlaxoSmithKline acquired CNS, including its Breathe Right nasal strips and FiberChoice chewable fiber supplement products, for $566 million. Dr. Cohen's training is in neurology at the University of Minnesota and he is a Diplomat of the American Board of Psychiatry and Neurology. Doctor Cohen also authored the books, Addicted To My Ego and Co-Authored Claim Your Basic Rights. *** For Show Notes, Key Points, Contact Info, & Resources Mentioned on this episode visit here: Dan Cohen Interview. ***

Transcript

Click on a timestamp to play from that location

0:00.0

They called us up and they said congratulations, you just rewrote the textbooks on how to

0:08.6

introduce a consumer product.

0:12.3

They started to wear it and overnight we became a $50 million business.

0:24.7

One of the best things we did was to find the right one.

0:32.9

Buckle up.

0:34.2

Why?

0:35.2

Well because you're about to enjoy another awesome episode.

0:38.2

But before we do we just want to let you know we also had a group call with Dr. Dan Cohen.

0:43.9

It was group call 11 and so that's available for all Patreon members.

0:48.2

So if you enjoy this episode be sure to check out group call 11 with Dr. Dan Cohen where

0:53.8

he answers questions from our Patreon members.

0:57.5

Now onto this episode.

0:59.7

Hi Austin, I am very glad to be here.

1:04.8

My name is Dan Cohen.

1:06.4

Right now I work on some unusual products but prior to this I had become a medical doctor

1:13.6

and neurologist and I was really more interested in business and working on certain product

1:20.0

ideas than I was in taking care of patients.

1:22.8

So right after my residency within a year I started a company by the name of CNS Inc.

1:29.7

CNS stands for Central Nervous System.

1:32.2

So it was in line with my specialty as a neurologist and we worked on a number of products over

1:38.6

a number of years.

1:40.0

The business was in operation between 1982 and 2006 when we sold it to Galaxos Smith

...

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