In this interview "Everything Intellectual Property," Lesia Farmer, founder of Modern Chaos Designs, discusses her journey to patent success with the innovative trapdoor colander. Lesia talks about turning a simple idea into a multimillion-dollar invention, sharing her insights on intellectual property, investing in patents, and overcoming legal challenges. As she reflects on her experience, Lisa emphasizes the importance of thorough research and the role of patent protection in fending off knockoffs. With a casual and conversational tone, she offers valuable advice for aspiring inventors and the significance of investing wisely in intellectual property. Whether you're interested in the intricacies of patent law or the inspiring story of entrepreneurial victory, this video is a must-watch for anyone passionate about invention and innovation. #patent #invention #investing #lawsuit #victory #multimillion
#trademarkregistration #protectingyourwork #patentsuccess #howiplawsstifleinnovation #patentattorney
CHAPTERS:
00:00 - Intro
01:36 - Idea Generation Process
07:44 - Ah-Ha Moment: From Idea to Action
12:48 - Overcoming Doubts in Entrepreneurship
17:14 - Balancing RV Business and Culinary Career
23:25 - Avoiding Scams in Business Ventures
26:54 - Licensing Deals vs. Self-Manufacturing
32:25 - Experience with Licensing Deals
36:43 - Transitioning from Licensing to Manufacturing
40:11 - Getting Featured on America’s Big Deal
42:55 - Lifetime Brands Contract Renewal Insights
45:00 - Dealing with Knockoffs and Intellectual Property
54:11 - Entrepreneurial Advice for Beginners
59:40 - Contacting Lori for Opportunities
59:50 - Lisa’s Contact Information
1:00:15 - Purchasing the Trap Door Colander
1:02:05 - Outro