Episode 29 – Seth Burgett – Relentless Preparation
Seth Burgett is a seasoned entrepreneur, prolific inventor, global executive, and board member with over 40 patents pending or granted. Burgett has an extensive background of leading start-ups to profitable and market leading enterprises.
Burgett’s most notable inventions include a series of medical device robots used to navigate guidewires within the brain and catheters in the heart using a joystick. A world’s first innovation enabling transcontinental heart surgery. These robots led to an IPO (STXS) in 2004. Burgett, as Chairman and CEO of Yurbuds Sport Headphones, led the company to the #1 Sport Headphone in the US in less than 5 years, and #1 Globally in 7 years. Yurbuds raised $20M in capital and achieved an order from Best Buy in just 18 months. Growing from $0-50M in revenue within 5 years, the venture achieved an exit in 7 years of its inception. The company was successfully sold to Harman International, a Samsung Company, and currently the product is marketed under the JBL brand. Post-sale, Burgett served as Vice President and General Manager for Harman International, organically growing a division 55% in 18 months and moving the overall business of headphones from 22nd position to 5th position globally. Burgett’s awards and accolades include Forbes 9th Most Promising Company in America and receiving an Honorary Professional Degree in 2015.
Burgett’s most recent passion project, Gateway Bronco, has achieved a world record winning sale at auction, has received a license from Ford Motor Company and leading the market with the world’s first EV Bronco in just four years of business.
Burgett holds multiple degrees including a Bachelors in Mechanical Engineering from Missouri S&T, executive certificates from MIT and Stanford in Finance, Strategy and Innovation and as well as earning an Executive MBA at the Olin School of Business at Washington University, where he is a frequent alumni speaker, and Fudan University in Shanghai, China where he was presented with the Inspirational Leadership Award. Burgett is an active member and executive mentor of Young Presidents Organization (YPO) and has served on the Board of Directors for IV Diagnostics, a biotech company developing the world’s first closed loop treatment for Cancer.