094: Doctor turned Entrepreneur Prescribes some Zzzzs... Wei-Shin Lai of AcousticSheep 💤🐑

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business:careers, Business

4.7 • 2K Ratings

🗓️ 1 January 2021

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Wei-Shin Lai struggled to get back to sleep after late night patient phone calls as a family doctor. She needed a natural, non-drug solution to sleep. Relaxing music worked great, but she had no comfortable way to listening to it without disturbing her husband. So Wei-Shin and her husband invented the world's first and best sleep headphones: SleepPhones. Now, Wei-Shin is the inventor, co-founder, and CEO of AcousticSheep, LLC, makers of SleepPhones, the first headphones for sleep, and RunPhones, fitness headphones. This Podcast is Sponsored By: Blinkist gives you key ideas from the world’s best nonfiction books in 15-minute text and audio. Learn something new everyday with unlimited access to over 2,500 of the world’s best titles in 19 top categories. Get 7% off & your first week free with this link: millionaire-interviews.com/blinkist. StartEngine is the largest equity crowdfunding site in the USA. Over 170+ companies have raised $60 million using the platform. And 87% of companies successfully reached their minimum funding goal of $10k. Get 20% off your campaign using this link: millionaire-interviews.com/start. Gusto makes payroll a breeze full-service payroll for one simple price. And 72% of customers spend less than 5 minutes to run payroll. Get your first 3 free months using this link: millionaire-interviews.com/gusto. *** For Show Notes, Key Points, Contact Info, Resources Mentioned, & the Fabulous 4 Questions on this episode visit our website: Millionaire Interviews. ***

Transcript

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0:00.0	Hey there.
0:03.0	Hey there.
0:04.0	Hey there.
0:05.0	So I think I'm done.
0:07.0	Get a head out unless you want a chat like we were doing earlier.
0:11.0	Well, there's chat and time and there's working time.
0:13.0	And I'm still on working time.
0:16.0	Do you feel like you've done a solid day's work?
0:19.0	What?
0:20.0	Well, I mean, if you can put your name on this day and be proud of the amount of work you've done,
0:26.0	and my own means, you should do it all on home.
0:31.0	Hmm.
0:32.0	Hmm.
0:33.0	Oh.
0:34.0	Oh.
0:36.0	There's something else I can help you with.
0:38.0	You know, at this point, I'm firing a lot faster than I did in the beginning.
0:45.0	I didn't even really understand what a balance sheet was or a profit in loss statements or anything like that.
0:51.0	Well, back then, I just went into mass production, but what I would advise people to do is...
0:58.0	I do have unique challenges because I'm not the typical business person and that's not what the employees expect.
1:05.0	And it has been a challenge running a business because of that.
1:13.0	This is Wayshen Lai. I am a medical doctor, turned entrepreneur. My husband and I started our company in 2007.
	...

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