Why Intellectual Property Can Make or Break Entrepreneurs
Manage episode 512813908 series 3459967
In this interview, Nick Norman, founder of Polar Protector, discusses why intellectual property can make or break entrepreneurs. He talks about turning an accidental invention into a multimillion-dollar business, the challenges of scaling up, and how strategic patents protected his ideas from knockoffs. Nick shares insights into his entrepreneurial journey, the role of IP in e-commerce, and the lessons he learned about investing wisely in innovation. If you’ve ever wondered how patents, trademarks, and creative problem-solving can unlock massive opportunities, this video is for you.
#invention #patent #investing #intellectualproperty #innovation #lawsuit #china #million #money #entrepreneurship
#ecommercetips #amazonselling #designpatents #scalingbusiness #startupadvice
CHAPTERS:
00:00 - Nick Norman Intro
02:18 - What is Polar Protector
05:25 - Polar Protector vs Other Covers
09:27 - Manufacturing in the US
10:21 - Working with Your Spouse
11:49 - Becoming an Entrepreneur
16:43 - Building a Multimillion Dollar Company
18:24 - House Cats Going Outside
23:20 - Selling vs Inventing Products
27:04 - Understanding Intellectual Property
32:30 - Importance of a Patent Attorney
34:55 - IP for E-commerce Success
37:34 - Amazon's IP Protection Program (APEX)
45:00 - Breakthroughs and Challenges
48:29 - Amazon’s AWD Program
52:15 - Advice for Aspiring Entrepreneurs
54:50 - Following Pull Up Protector
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