I recently had the pleasure of connecting with Dr. Justin Mandel, DOM AP LAC, COO at Global Medical Innovations, LLC. Learning about Freedom Belt™ was a real eye-opener for someone like me who thankfully has never been in the position of being in need of one or knows of someone suffering with the discomfort and limitations of wearing a drainage bag.
Dr. Mandel's entrepreneurial spirit, medical expertise, and true concern for others is the formula for success. Thanks to people like him and his partner, a life-changing product was created that will surely help millions of people who could have only dreamed such an invention would one day be available.
This Q & A with Dr. Mandel was inspiring, educational, and motivating. Learn more about his endeavors and Freedom Belt™ and see for yourself why he's a PayPath pick to watch.
Q: When did you realize you wanted to start your own business?
A: My involvement with working on this life changing medical product called Freedom Belt™, was the culmination of years of experience with sales, online marketing, medical product development, and experience with inventing and patenting my own proprietary Overactive Bladder treatment. I realized a pretty long time ago that I wanted to create a hybrid online business model where throngs of patients who really needed help were served, instead of just treating one patient at a time like in a practice. This way I could leverage more of my talents to serve volumes of people in a completely different and unique way.
Q: How did the idea for Freedom Belt come about?
A: The time for Freedom Belt™ has finally arrived because my partner, and I were the only two people who were willing to invest massive amounts of time, energy, and capital in this particular way to make a difference in what will be the lives of millions. As practitioners, we have a unique advantage in that we work with patients who need specific help and we can see the areas where innovation is desperately needed.
The idea for Freedom Belt™ came about when Dr. Mario Torres-Leon was making his rounds at Massachusetts General Hospital and a female cancer patient under his care asked him whether he knew what the worst part of her cancer was. He thought to himself, "What can be worse than cancer?" In return she responded, "It's my drainage bag!"
When she said that his mind spun off into a totally different direction because he realized the critical need for patients to be able to properly strap drainage bags to their bodies. So Freedom Belt™ was born out of this shocking experience with his patient who desperately needed a brand new solution for her problem because up until that moment the current standard of care was abysmal.
Q: What has been your biggest challenge with the product/company thus far?
A: The biggest challenge to bringing Freedom Belt™ to market has been a race against the clock. An enormous amount of time was invested into bootstrapping Freedom Belt™ so it's at the point where it is right now. An intensive amount of non-stop sweat equity has been poured into it, and the overwhelmingly positive feedback we've been getting from patients, medical professionals, and medical device manufacturers has been completely reflective of that.
The entire year of 2016 was spent building the foundation for the Freedom Belt™ manufacturing process and putting in place some of the crucial marketing assets to move it forward. We knew that in order for future customers to make the best use of Freedom Belt™, it had to be outrageously comfortable so it could be worn all day and night. So we spent months testing over 30 different types of materials until we were finally able to bring it to the point where it can be worn all day and all night long without people ever knowing it's really there. I can testify to that because I've personally tested it myself so I'm able to stand behind it 100%.
Q: What has been the most rewarding experience throughout the process?
A: The most rewarding experience by far has been hearing from Freedom Belt™ users about how they've been able to get their freedom back following their surgical procedures! Our very first customer had 2 prior surgical procedures and for the third one, he knew what he was in for so he wanted to be prepared for it. What he didn't want was to be stuck at home for weeks on end and be massively inconvenienced with needing to drain his drainage bag as soon as it filled up a little because the weight from it would pull the rubber bands down.
So he searched for a solution for this problem and found Freedom Belt™ online through doing a Google search. Two weeks after he received his Freedom Belt™ he explained to us how it gave him his life back so he could take his wife out to eat and go about his normal business without any concern for what otherwise would've been a nightmare.
The Freedom Belt™ difference can be summed up best by Carl B. from The Villages in Florida. "I want to share a better way to live with a catheter. When my doctor told me of a 4-week recovery with a catheter after surgery, I knew I had to find a better way to deal with the thin elastic straps that come with a standard leg bag. I've used a Freedom Belt for 2 weeks. Zero fear of the leg bag sliding down my leg, pulling on the catheter. No worries about readjusting before sitting because the bag rotated to either side of my leg. The bag stays put. No matter what I do or where I go. Standing, bending, sitting, walking, driving, worn under my pants or long shorts. Very discrete and secure. Highly recommended."
Q: What is different about Freedom Belt compared to other products in its category (if there are any)?
A: Freedom Belt™ is the very first patented suspension based strapping system that's ever been devised for managing drainage bags that hold urine or other bodily fluids. Until now, the decades-old standard of care has forced patients to hold up their drainage bags using cheap rubber or Velcro that might cost as little as a penny each. These archaic straps do not do a sufficient job holding the drainage bags in place because they fall down as soon as they fill up with fluid. As you could easily imagine this highly limits people from going about their lives like they did before their surgery.
To help make a little more sense of it, think of it this way: You just woke up from surgery and you now all of a sudden have a rubber tube sticking out from inside your body with a big plastic "bladder" attached to it at its end. Now you are forced to keep everything on you so not only it stays in place, but you also need to make sure that the rubber tube never comes out because if it does it'll be incredibly painful plus beyond that, you'll need to go back to the hospital to get it surgically reinserted.
So now with Freedom Belt™ you can go about doing pretty much everything you did before your surgery like food shopping, getting lunch from a local deli, attending concerts, exercising at the gym, etc., which makes it a very welcomed relief for probably nearly all patients who need a drainage bag.
Q: Who is Freedom Belt aimed towards?
A: This product is for ANY patient that has the need to manage drainage bags following surgery. It could be for anyone from as young as a pediatric patient on up to senior citizens.
Q: Where can people purchase Freedom Belt™?
A: Patients or family members can visit www.FreedomBelt.com to purchase their Freedom Belt. Alternatively it can be ordered by calling our toll free phone number at 844-FREE-NOW.
Q: Where do you see the company going in the future?
A: Freedom Belt™ is the first product that our company, Global Medical Innovations LLC is bringing to market. Additionally, there are 9 other additional related product lines that will be able to help patients' lives be more pleasant during or after they've had minimally invasive surgeries.
Because Freedom Belt™ is a major game-changer that offers the next evolutionary leap in medical devices for patients who have drainage bags, it will be just a matter of time before it is adopted as the gold standard for all patients who need a surgically implanted catheter. This will be like the modern day digital calculator replacing the Stone Age abacus, where hardly anyone who needs to would always prefer a calculator, which can perform computations more easily faster.
Q: What advice would you give a budding entrepreneur or business-minded individual seeking to launch a new product or service?
A: Working on a medical start-up that can profoundly affect the lives of millions of people with a product like Freedom Belt™ involves a tremendous sense of responsibility involved with it. There's a moral sense of responsibility to create the very best product possible because of how many people's lives that will be able to be touched with it without ever meeting over 99% of them.
If you know in your heart of hearts that you have a winning product or service that will dramatically improve lives, then do everything it takes to make your vision happen. People who know nothing about entrepreneurship will tell you that you'll fail. Your family might not fully support you. Your friends will talk behind your back. People who think they have your best interests at heart will try to crush your dreams because they don't want you to succeed and don't want you to get ahead so you can stay way behind like them.
Ignore everyone. Grow some thick skin, put your blinders on and dig in deep. Then do everything you can without reservation to see your vision manifest itself.
Q: How many people work for Freedom Belt at this time?
A: We have 5 people that work for the company as of now. Both Dr. Mario and I have been spearheading its efforts to get it to where it's currently at. We recently brought on board an experienced investor relations executive to help us acquire investment capital, and we also have two really wonderful sales people working with us in the Caribbean.
Additionally, we have well over two dozen people that we've hired through outsourcing who help with everything from website development to marketing.
Q: Sum up your company philosophy (or your own mantra) in 3 words:
A: Patient-centered products.
It doesn't sound logical when I say "patient-centered products", so I will explain. Until now, medical devices have been exclusively designed to typically only benefit the medical device companies. Now, with Freedom Belt™ and the other 9 D'Ultima product lines that will set the gold standard in the minimally invasive surgical niche, it's the patients that will finally come first. That's because Dr. Mario has the insight into the needs of the patients themselves, given that he's worked with thousands of them.
Q: What about your personality makes you a successful business owner?
A: I'm relentless. I don't give up. With millions of people worldwide who will benefit from Freedom Belt™ I don't have the luxury of being able to be idle and let things happen on their own.
With a brand new start-up, there's a crazy amount of things that need to get done so it's critical to realize the pieces that need to be in place as well as the order that those pieces need to be assembled in, etc. I'm pretty good at prioritizing what needs to get immediately done and what can be saved for later.
Q: Anything else you'd like to share?
A: Freedom is something that all of us hold near and dear to our hearts. When we lose our freedom it can profoundly affect us on many levels. We're very glad because Freedom Belt™ is there to successfully serve those patients that up until now, the medical community did not have an adequate solution for.
If you're an entrepreneur and you can provide humanity with something so fundamental that people have a critical need for, then do everything that you can to make it happen!Entrepreneurship isn't straight forward. Every day brings different challenges. If you're going to work on a medical start-up or another type of start-up, the workload is non-stop. There's always, always, always work to be done. So make sure that you're really passionate about what you're doing because when the times get tough, that will help to float you through.
What you really need to do is to speak deeply to yourself at your core and not chase opportunities simply because there's a high dollar figure that could be associated with it. If you're not highly passionate about what you're doing then when the going gets tough it'll be too easy to just give up.
As anyone who has ever sold a house will tell you, you must prioritize curb appeal. Before a potential buyer even considers looking inside your house, they notice the outside first. Does it attract the right kind of attention? Does it take away from the feel you're going for? If you plan to sell sometime soon, you must think about these things. Here are some landscaping options to increase your home's curb appeal, so you can get the best price on your home.
Extensive Plants and Greenery
A barren front yard won't get you the price you want on your home. So, invest in at least a little bit of greenery to keep the surrounding area from looking too dead. Shrubs and bushes tie the house to the lawn that precedes it, and flower beds bring a pop of color to an otherwise drab structure. You can also strategically plant some trees to improve the overall feel of your home's exterior.
As we mentioned, your lawn is one of the most prominent features of your home's exterior. A patchy, dried-up lawn will quickly drive your home's price way down. Some of the best landscaping options for your home's curb appeal involve improving your lawn for the next inhabitant. Overall fertilization, ground aeration, underbrush removal, proper mowing—all of these lawn care tasks contribute to a greener and more lively area that invites people to see your house, rather than stay away from it.
There's nothing like a broken and disheveled pathway to make someone think twice about buying a property. Just as you want the entryway in your house to be welcoming, so too should the pathway leading up to the house be inviting. The pathway from the street to your front door provides plenty of real estate to get creative with. You don't have to settle for a boring concrete pathway. Consider something more eye catching, like a cobblestone path or intermittent brick patterns, as a way to better welcome potential buyers.
Usable Outdoor Furniture
Landscaping doesn't just involve the ground you walk on; also included are the items you use as extras to the overall look. Outdoor furniture is one such extra that you don't necessarily need but can look quite attractive if done correctly. Staging is important with outdoor furniture. Old, broken-down pieces will only look like more work to the potential buyer. A few comfortable chairs, a bench, or a table with an umbrella really go a long way to improving your outdoor aesthetics.
A good tip for deciding on curb appeal items is to decide what you personally would want to see as a part of a welcoming home's exterior. You don't need to go overboard, but a little bit of forethought could net you quite a lot of extra cash in the sale.
Many people strive to support their community by donating their time or their money. When you find a meaningful cause, you might be quick to cut a donation check. Though it's admirable to be quick to act charitably, you should be wary of several common mistakes made when giving to charity. Being mindful of these mistakes and learning tips for making informed charitable choices can help you make the most out of your generous check.
Acting Quickly Out of Emotion
Mission statements are meant to be compelling. If you're an emotionally driven individual, it's natural to pull out your wallet at the sight of a sad puppy on TV or when informed about food insecurity over the phone. Unfortunately, not all charities are as effective or official as they may seem.
Take your passion for helping others one step further by making sure your chosen charity is legit. Speaking with a representative, reviewing their website and social media accounts, and looking at testaments online can give you a better idea of whether the organization is worth your donation.
Forgetting to Keep Record of the Donation
Don't forget that you can reap some financial perks from giving back! With the proper documentation of your donation, you can acquire a better tax deductible.
If you donate more than $12,400 as a single filer or $24,800 as one of two joint filers, you're eligible to deduct that amount from your taxes. So, when a charity asks if you'd like a receipt of donation, always answer yes.
Donating Unusable Materials
Most charities can utilize a monetary donation—it's the physical donations that usually cause some issues. Providing a local nonprofit with irrelevant materials or gifting them with unusable products are surprisingly common mistakes made when giving to charity.
Always check your intended charity's website for a list of things they do and do not accept. The majority of places will provide a guideline to donating or offer contact information to clarify any questions.
Strictly Giving at Year's End
As more and more people get into the holiday spirit at the end of the year, nonprofit organizations see an influx of donations. While it's great to spread holiday cheer via a monetary donation, it's important to keep that spirit going year-round.
With regular donations, charities can more effectively allocate their annual budget. Setting up an automatic monthly donation with the charity of your choosing can maximize your impact. You can account for a monthly donation by foregoing a costly coffee every once in a while.
Knowing how much you should spend on home maintenance each year is hard to figure out and may be preventing you from buying your first home. The types of costs you'll incur depend on the house you buy and its location. The one certainty is that you should start saving now. Read on to figure out how much to start setting aside based on the home you own.
The Age of Your House
Consider several factors when budgeting for home repairs. If you've purchased a new home, your house likely won't require as much maintenance for a few years. Homes built 20 or more years ago are likely to require more maintenance, including replacing and keeping your windows clean. Further, depending on your home's location, weather can cause additional strain over time, so you may need to budget for more repairs.
The One-Percent Rule
An easy way to budget for home repairs is to follow the one-percent rule. Set aside one percent of your home's purchase price each year to cover maintenance costs. For instance, if you paid $200,000 for your home, you would set aside $2,000 each year. This plan is not foolproof. If you bought your home for a good deal during a buyer's market, your home could require more repairs than you've budgeted for.
The Square-Foot Rule
Easy to calculate, you can also budget for home maintenance by saving one dollar for every square foot of your home. This pricing method is more consistent than pricing it by how much you paid because the rate relies on the objective size of your home. Unfortunately, it does not consider inflation for the area where you live, so make sure you also budget for increased taxes and labor costs if you live in or near a city.
The Mix and Match Method
Since there is no infallible rule for how much you should spend on home maintenance, you can combine both methods to get an idea for a budget. Average your results from the square-foot rule and the one-percent rule to arrive at a budget that works for you. You should also increase your savings by 10 percent for each risk factor that affects your home, such as weather and age.
Holding on to savings is easier in theory than practice. Once you know how much you should spend on home maintenance, you'll know what to aim for and be more prepared for an emergency. If you are having trouble securing funds for home repairs, consider taking out a home equity loan, borrowing money from friends or family, or applying for funds through a home repair program through your local government for low-income individuals.