Mike O'Dell, founder of Legit Kits, discusses protecting ideas, entrepreneurship, and the power of innovation in "Protecting Your Ideas: Lessons from a Quilt Innovator." In this interview, Mike talks about his journey creating a multimillion-dollar quilting business, his Shark Tank experience, and how intellectual property like trademarks and copyrights play a crucial role in his success. He shares the challenges of balancing a full-time job with building a vibrant company and offers insights on persistence, creativity, and investing in your dreams.
#invention #patent #investing #money #entrepreneurship #quiltkits #businesssuccess #sharktank #intellectualproperty
#trademarkregistration #trademarkbasics #quilting #quiltinnovation #trademarklawyer

@LegitKits
CHAPTERS:
00:00 - Intro
01:42 - Guest Introduction
02:46 - What is Legit Kits?
05:27 - Customer Retention in Quilting
07:35 - Journey into Quilting
09:37 - Legit Kits Australia Overview
12:24 - Unique Aspects of Legit Kits
16:07 - Balancing Nursing and Business
18:46 - Intellectual Property in Business
22:44 - Understanding Intellectual Property
26:30 - Applying for Shark Tank Experience
29:54 - Tips to Get on Shark Tank
31:00 - Pre-Walk Out Preparation
37:02 - Post-Walk Out Insights
38:14 - Lessons from the Sharks
41:31 - Breakthroughs and Obstacles of Legit Kits
46:27 - Advice for Aspiring Entrepreneurs
50:35 - Impact of Legit Kits on Day Job
52:40 - Paying Off Student Loans
56:35 - Following Legit Kits Online
56:39 - Purchasing Legit Kits
58:04 - Outro