The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  • Sell-Me Saturday is Now Live!

    Have something to sell? Like to post a video from your YouTube channel? Want to promote your design service? Recommend a company? SELL-ME SATURDAY is your opportunity to self-promote whatever you'd like within the realm of entrepreneurship on one central thread... and at no cost. Go There
    Note: Indiscriminate SEO backlinking to questionable material is not allowed.
  • Join 50,000+ entrepreneurs who are earning their freedom and living their dream.

    "Fastlane" is an entrepreneur discussion forum based on The C.E.N.T.S Framework outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED®). From multimillionaires to digital nomads to side hustlers who are grinding a job, the Fastlane Forum features real entrepreneurs creating real businesses with one goal in mind: Freedom— both financial and temporal.

    Download (Unscripted) Download (Millionaire Fastlane) Register
    Registering for the forum removes this block.

Car Mechanic invents birthing device to ease birthing process

Become a Fastlane INSIDER to view the forum ad free.

OP
OP
LeoistheSun

LeoistheSun

Silver Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Oct 3, 2017
424
621
271
Southern Cali
Figured I'd bump this post, since its a good article.
 

lowtek

Platinum Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
Summit Attendee
Speedway Pass
Oct 3, 2015
1,489
4,688
1,130
37
Phoenix, AZ
Cool invention, but I would want no part of that. The regulatory labyrinth alone is enough to discourage me. Not to mention the potential for lawsuits.

As far as the moral of the story: love it. Being an outsider often brings a different perspective that can be leveraged for novel insights and solutions.
 
OP
OP
LeoistheSun

LeoistheSun

Silver Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Oct 3, 2017
424
621
271
Southern Cali
Cool invention, but I would want no part of that. The regulatory labyrinth alone is enough to discourage me. Not to mention the potential for lawsuits.

As far as the moral of the story: love it. Being an outsider often brings a different perspective that can be leveraged for novel insights and solutions.
Perhaps you could find a medical device manufacturer to license it to. Royalties for life?
 

amp0193

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
May 27, 2013
2,627
11,275
2,454
United States
OP
OP
LeoistheSun

LeoistheSun

Silver Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Oct 3, 2017
424
621
271
Southern Cali
It was a simple solution to a complex problem. I'd like to think that his distance from the medical field allowed him to see the solution a different way, than say a doctor might.
 

amp0193

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
May 27, 2013
2,627
11,275
2,454
United States
I'd like to think that his distance from the medical field allowed him to see the solution a different way, than say a doctor might.
This is a phenomenon that fascinates me. When outsiders come in and disrupt.

I have no experience in my industry, I just jumped into it. Every competitor grew up in the industry, and does things "by the book". There are so many opportunities to do things differently, and that's a big advantage for me. The biggest disadvantage is that I lack a lot of the intricate product knowledge the other guys have... but I'm doing my best to hire or contract that knowledge and skill into the company.
 
OP
OP
LeoistheSun

LeoistheSun

Silver Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Oct 3, 2017
424
621
271
Southern Cali
This is a phenomenon that fascinates me. When outsiders come in and disrupt.

I have no experience in my industry, I just jumped into it. Every competitor grew up in the industry, and does things "by the book". There are so many opportunities to do things differently, and that's a big advantage for me. The biggest disadvantage is that I lack a lot of the intricate product knowledge the other guys have... but I'm doing my best to hire or contract that knowledge and skill into the company.
I totally agree. While being in the industry has its advantages (know about the problems that plague the industry), I also feel like a certain amount of outside-the-box thinking is lost. Your no longer able to see the problems differently as a newcomer might.

I think its a valuable thought-process that maybe only a few people have. Or only a few cultivate. It's very interesting.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom