Medical Device Consulting: R&D Engineering | Manufacturing Engineering | RAQA
Home  >  Resource Library  >  MedTech Snapshot Podcast

MedTech Snapshot Podcast

Calculated Risk Featuring CEO George Wallace

6/24/2025

 
Medtech Snapshot ep #120 features local medtech legend George Wallace, CEO of NV Medtech.

Listen in as George shares his story on how he got started and a sizeable risk he took early in his career - leaving a good job with a large firm to enter the startup world. ​

Read the Full Interview:
[Travis Smith] Welcome back to another Medtech Snapshot, the one question, one answer, a highly digest medical device podcast. With me today is George Wallace. If you are from Southern California and you've not heard that name, let me give you a little education course here real quick.

So George, many people who are from this area may know him from his time at MTI, but the interesting part with his background is where he comes from. With a starting point with Edwards Labs, or as a lot of people from that period know, is American Hospital Supply. Also going into a really early stage startup, which then transitioned into what we know today as Applied Medical, and then starting MTI in 1993.

So I'm really looking forward to this discussion today as we talk about risk, how you take risk, how you evaluate that, as well as funding. So stay tuned. All right, George, so we're talking about taking risks.

You've certainly been in that role plenty of times in your career where I'm sure you've had to evaluate when you say yes and when you say no to opportunities. So you had recently shared a really interesting story with me that I would love for you to share with the folks who are listening, which was at the age of 27, fairly newly married with two young children. You somehow convinced your wife to move from California to Indianapolis so that you could join a pre-commercial startup.

There's a fair amount of risk in that type of decision, especially for a young family. So can you kind of walk us through, why did you take that risk and what did you learn from the experience?


Read More
0 Comments

    About

    The MedTech Snapshot Podcast, hosted by Square-1 Engineering’s Travis Smith, features quick insights from industry executives on topics like startups, funding, product development, finance, manufacturing, and more.

    Archives

    July 2025
    June 2025
    May 2025
    April 2025
    March 2025
    February 2025
    January 2025

    Categories

    All
    2023
    2024
    2025
    21 CFR 820
    Accelerator
    Acquisition
    AdvaMed
    Agile
    Artificial Intelligence
    Breakthrough Moment
    Career
    Clinical
    Clinical Trials
    Compliance
    Contract Manufacturing
    CRO
    Cyber Security
    Embedded Systems
    Entrepreneur
    FDA
    Finance
    FMEA
    Funding
    Global Operations
    Government
    Healthcare
    Hiring
    History
    Incubator
    Industrial Design
    International
    Investor
    ISO
    ISO 13485
    Jp Morgan
    KPI
    Leadership
    M&A
    Machine Learning
    Management
    Manufacturing
    Medical Device
    Medtech
    Medtech Snapshot
    Networking
    Operations
    Orange County
    OUS
    Outsourcing
    Podcast
    Policy
    Private Equity
    Product Design
    Product Development
    Production
    Professional Development
    Project Management
    Quality Assurance
    Quality Systems
    RAQA
    Regulation
    Risk
    Risk Management
    Root Cause Analysis
    Sales
    Scope Creep
    Snapshot
    Software
    Southern California
    Startup
    Strategy
    Supply Chain
    Talent
    Technology
    Tech Transfer
    Term Sheets
    Top Grading
    Trends
    User Experience
    User Needs
    Venture Capital
    Voice Of The Customer

    RSS Feed

White Papers &​ Articles

Picture
Check Out the 4-Minute Medical Device Podcast
Picture

Site ​Navigation

Home
Services
Case Studies
Medtech Snapshot Podcast
White Papers/ Articles
​Contact Us
Picture

Contact Us

1-844-300-SQR1
Web Content Copyright  ©   
​
2016-2025
  • Services
    • Consulting >
      • Product Development
      • Regulatory and Quality Compliance
      • Validation
      • Manufacturing Engineering
      • One-Day Gap Assessment
    • CAD for Medical Devices
    • Technical Training >
      • Medical Device Training
  • Project Execution
    • Case Studies
    • Problems We Solve
    • How We Engage
    • Project Expertise
  • About Us
    • Vision & Mission
    • Our Team
    • Careers >
      • Careers - Marketing Generalist
  • Resource Library
    • Medtech Snapshot Podcast
    • White Papers and Articles
    • Southern California's Medical Device History
    • Recommended Business Reading
    • The Business Wingmen Podcast
  • Contact Us
  • Services
    • Consulting >
      • Product Development
      • Regulatory and Quality Compliance
      • Validation
      • Manufacturing Engineering
      • One-Day Gap Assessment
    • CAD for Medical Devices
    • Technical Training >
      • Medical Device Training
  • Project Execution
    • Case Studies
    • Problems We Solve
    • How We Engage
    • Project Expertise
  • About Us
    • Vision & Mission
    • Our Team
    • Careers >
      • Careers - Marketing Generalist
  • Resource Library
    • Medtech Snapshot Podcast
    • White Papers and Articles
    • Southern California's Medical Device History
    • Recommended Business Reading
    • The Business Wingmen Podcast
  • Contact Us