Today's Entrepreneur: Gene Wang, Chairman and co-founder of Care Daily

Wang has led five startups in fields ranging from AI, robotics, digital imaging, mobile device management and senior care services.

He a is four time CEO with track record of successful exits: 1 IPO and 3 M&A sales to Fortune 500 companies (HP, Agilent and Intuitive Surgical). People Power is a SaaS company bringing AI and IoT analytics to the senior-care space by providing white-label solutions to the world’s leading brands. I am looking forward to leading People Power to massive success as a top provider of preventative health solutions for seniors with privacy protection.

I am a(n):

Entrepreneur 

Companies I've founded or co-founded:

Gold Hill Computers, Photo Access, Bitfone, Care Daily

Companies I work or worked for:

Symantec, Borland, Computer Motion

Achievements (products built, personal awards won):

Borland C++, winner of PC Magazine Technical Excellence Award

Computer Motion, world's first transatlantic minimally invasive surgery

Photo Access, powered over 100 million camera phones

Bitfone, powered over 300 million mobile phones

Care Daily, winner of Aging 2.0 Global Innovation Search

If you're an entrepreneur or corporate innovator, why?

I want to change the world.

My favorite startups:

Care Daily

Why did you start your company or why do you want to innovate inside your company?

As people age, families need solutions to care for their loved ones that improve quality of life and peace-of-mind. My 86 year old mother has fallen 3 times and I want to know when she's well and when she needs help. Our vision is to empower millions of people to care for their loved ones and live safely and happily at home. There is a huge business opportunity to use technology to lower the cost of healthcare while enabling seniors to live longer, healthier and more fulfilling lives. 

What's most frustrating and rewarding about entrepreneurship/innovation?

It always takes twice as long for the world to adopt as it should. But when it happens, entrepreneurship is very rewarding

What's the No. 1 mistake entrepreneurs/innovators make?

Running out of money 

What are the top three lessons you've learned as an entrepreneur?

Create best-in-class products that solve big important problems. Develop powerful channels to market that scale. Don't run out of money.

How do you keep a work/life balance?

Love your family and make great music