When I interviewed the 45 founders featured in How They Did It: Billion Dollar Insights from the Heart of America, I tried to total up the amount of value each had brought to the world. They all started from zero. I am not sure of the exact number for their company valuations, but I can tell you that on publication day the number one name on the list was Dane Miller. He had just taken Biomet private for about $12 billion.
Dane founded his company in tiny Warsaw, IN, where Biomet still continues to produce things like artificial hips and knees sold worldwide.
I’m thrilled that we were able to sit down with Dane and catch up. I had to ask him more about the amazing story about implanting titanium in his arm to prove a point. The world thought stainless steel was the safest material for the human body, but Dane knew better. So he tested it out on his own body, by having a surgeon friend implant a small piece of titanium in his arm.
Would you do that? How far will you go to prove yourself?
Dane left the titanium in his arm for ten years to prove the point. Today, thirty years later, what’s the material used worldwide by everyone in the industry? Titanium.
Watch this video where Dane briefly talks about titanium, how to keep good people, and how to keep humble.
Better yet – join us in Chicago on November 17 at the Great Lakes Entrepreneurial Bash to hear Dane and four other amazing entrepreneurs live and in person.