C.E.O. Interview: David Schmidt, Founder, and C.E.O. of LifeWave Technology

David Schmidt, CEO, and founder of LifeWave Technology is a Forbes 30 under 30 in Consumer Technology for his work on developing technology to help people live healthier and happier lives.

In his interview with CEOWorld Magazine, Schmidt discusses how he founded his health technology company and what it has been like growing it into something that has made such an impactful difference in peoples’ lives worldwide.

Read more: Lifewave | Elevate, Activate, Regenerate

How did you come up with the idea to create LifeWave Technology?

“As a child, my mom was in poor health.

She had severe asthma that she passed on to me, and it caused severe breathing problems my whole life.

I ended up in an alternative medicine clinic when I was in my twenties for treatments for my breathing issues, and that is where I heard of the benefits of far infrared technology, which is used in many Asian spas to help people relax.

I brought some treatments with me from Thailand, but our research showed that they did not work very well because they were not suitable for your skin type, or you could not find the correct position for them.

So, I started looking at how I could improve the technology and create something more effective than what was out there already.

The machine you see today is essentially an enhanced version of something in Asia for over 1,000 years.

There were some challenges you faced when building your business.

Finding the right team was a challenge.

I needed people that would work well with me, and we could make something great together, but there is not an established path for bringing far infrared technology to North America, so it took time to find the right people who shared my vision and passions.

We also had to make a lot of sacrifices in the early years.

We did not have much in the way of a budget, so we often worked out of our garage and took every opportunity that came our way, even if it was not really what we wanted.

It was all about patience and being willing to adapt when opportunities came along.

That is the key to success in any business.