Everything Intellectual Property
My name is David Spears and I am an Intellectual Property attorney who manages patent portfolios for client ranges from start-up companies to multibillion dollar companies around the world. I am also a former college football player for Michigan State University. I am interviewing people who have invested in themselves and Intellectual property, and who then goes on to start a business around their intellectual Property.
Everything Intellectual Property
Vac Daddy: Why Patents Won't Guarantee Success 🚀
In this interview, we explore the challenges of innovation and why patents alone won't guarantee success with entrepreneur Matthew Daguanno. Matthew, the inventor of the Vac Daddy—a revolutionary pool vacuum system—talks about the highs and lows of creating a business, the importance of market adaptation, and how to prioritize progress over perfection. He shares insights into intellectual property, entrepreneurship, and the real-life hurdles of turning an idea into a product. With 42 years in the pool industry, Matthew explains how his lightweight invention saves time, money, and effort for pool maintenance professionals.
Learn why taking action, embracing feedback, and focusing on execution are often more critical than waiting for perfection or relying solely on a patent. This video dives into the realities of invention, investing, and the journey of bringing a product to market.
@vacdaddy6869
#patent #invention #investing #money #entrepreneurship #innovation #intellectualproperty #VacDaddy #success #businessgrowth #startup #inventor #poolindustry #entrepreneurlife
#entrepreneurship #trademarkregistration #entrepreneur #howtostartabusiness #howtotrademarkanameandlogo
CHAPTERS:
00:00 - Intro
01:17 - Vac Daddy Name Origin
02:35 - What is the Vac Daddy?
07:32 - Initial Creation Period for Vac Daddy
13:06 - Future Plans for Vac Daddy Inc
13:58 - Getting into Swimming Pools
18:17 - Importance of Imperfection in Product Development
24:48 - Understanding Intellectual Property (IP)
29:47 - Amazon Buy It Now Process
33:18 - Getting on the Show Process
39:25 - Consumer Awareness and Product Needs
42:40 - Challenges of Pitching a Product
43:10 - Selling Higher Priced Products
47:35 - Overcoming Challenges in 17 Years
52:30 - Advice for Aspiring Entrepreneurs
57:50 - Outro