Published: April 19, 2017, 9 a.m.
David Tavor. He has more than 20 years of experience as a general manager and founder of Biotech Pharmaceutical and Medical Device Company. He served as a fighter pilot and a commander in the Israeli Air Force and retired with the rank of a colonel. Mr. Tavor holds an MA degree in political science and national defense studies and MBA studies.
Famous Five:
- Favorite Book? \u2013 Born to Life
- What CEO do you follow? \u2013 Steve Jobs
- Favorite online tool? \u2014 David\u2019s common sense
- Do you get 8 hours of sleep?\u2014 About 3 or 4
- If you could let your 20-year old self, know one thing, what would it be? \u2013 \u201cLean on yourself\u201d
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Time Stamped Show Notes:
- 01:15 \u2013 Nathan introduces David to the show
- 02:04 \u2013 ParaSonic develops an ultra-sonic bomb that destroys lice and lice eggs
- 03:39 \u2013 ParaSonic developed a comb that treats lice in just one stroke of the comb
- 03:50 \u2013 The clinical trial was just completed and it was a success
- 04:52 \u2013 ParaSonic started in 2014
- 05:08 \u2013 The company was established within a technological incubator
- 05:16 \u2013 The incubator has 23% equity
- 05:45 \u2013 The incubator had put in $600K
- 05:51 \u2013 ParaSonic has raised an additional $1.6M
- 05:56 \u2013 ParaSonic is also in the process of raising $2M
- 06:28 \u2013 The rounds are equity rounds
- 07:28 \u2013 David\u2019s wife, Dana, is also part of the company
- 08:11 \u2013 ParaSonic has 5 team members who are mostly engineers
- 08:46 \u2013 The comb is going to be an over-the-counter product
- 09:05 \u2013 There will be 3 types of combs
- 09:25 \u2013 The comb\u2019s bristles are disposable
- 10:17 \u2013 David is also a chairman of 2 other companies
- 10:46 \u2013 One company developed a toothbrush where you can see your plaque through an app while you\u2019re brushing
- 12:17 \u2013 David is a freelancer for Colgate
- 13:30 \u2013 The Famous Five
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3 Key Points:
- Developing a product in an industry that you are already familiar with is best for you.
- Consumers will believe in your product when you use the product yourself.
- Trust and lean on yourself.
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Resources Mentioned:
- The Top Inbox \u2013 The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
- Organifi \u2013 The juice was Nathan\u2019s life saver during his trip in Southeast Asia
- Klipfolio \u2013 Track your business performance across all departments for FREE
- Acuity Scheduling \u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
- Host Gator\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible
- Audible\u2013 Nathan uses Audible when he\u2019s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books
- Freshbooks \u2013 Nathan doesn\u2019t waste time so he uses Freshbooks to send out invoices and collect his money. Get your free month NOW
Show Notes provided by Mallard Creatives