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Shark Tank Rejected His Invention. NASA and SpaceX Didn't. - Dr. Rob Yonover | Our Family Invests Podcast
Description
Dr. Rob Yonover is a PhD geochemist, inventor of the military-approved SeeRescue Streamer, Shark Tank veteran, and full-time caregiver for 19 years while building a company, raising two kids, and carrying $600,000 in debt. His invention was rejected by all five Shark Tank sharks. It later flew to the International Space Station on a SpaceX rocket.
Rob has taken the ALVIN submersible two miles below the ocean surface, navigated DARPA funding and military contracts, and written four books, including the Caregiver's Survival Guide, a love letter to his late wife Cindy, who was paralyzed by MS. He runs his business lean, without investors or employees, and has no plans to change that.
What you'll learn in this episode:
- What Rob and Cindy's partnership looked like before and after her MS diagnosis
- How an accidental gluing mistake made the SeeRescue Streamer actually work
- Why all five Shark Tank sharks passed, and what happened next
- What outside capital really costs beyond the equity
- How to protect an idea before you have money to spend on attorneys
- What it looks like to take your business back and run it entirely on your own terms
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