In this interview, co-founders Chad Lee and David Kittle discuss designing and building the world's first EVA foam cooler. They talk about the innovative use of ethylene vinyl acetate (EVA), the challenges they faced in manufacturing, and the role of intellectual property, including patents, in protecting their invention. The duo shares their Shark Tank journey, their dynamic partnership, and how they turned a groundbreaking idea into a thriving business. Learn how they overcame setbacks and embraced teamwork to create a lightweight, durable, and floatable cooler that's changing the market. #invention #patent #investing #innovation #SharkTank #EVAfoam #coolerdesign #entrepreneurship #businesssuccess #teamwork
#starterstory #sharktank #motivationalvideo #sharktankusa #realitytv
CHAPTERS:
00:00 - Intro
01:00 - Welcome Chad and David
03:26 - What is a Foam Cooler
05:22 - How is a Foam Cooler Made
08:33 - Origin Story: Meeting and Starting Foam Coolers
11:17 - Importance of Having a Business Partner
16:10 - Community Support: People Helping People
16:40 - Recognizing Strengths in Each Other
19:23 - Establishing Agreements in Business
20:54 - Inspiration Behind Starting a Business
23:50 - Starting Without Complete Knowledge
27:02 - Understanding Intellectual Property (IP) Before Launch
30:36 - Significance of Intellectual Property
33:16 - Global Intellectual Property Considerations
35:54 - Research Importance Before Filing IP
39:13 - Getting on Shark Tank: The Journey
42:45 - Experience of Being on Shark Tank
49:04 - Preparing for Increased Traffic After Airing
49:58 - Life After Shark Tank Airing
51:00 - Website Traffic Surge Post-Airing
53:14 - Trade Shows: Experience and Insights
54:35 - Storytelling for Your Product
58:46 - Overcoming Challenges and Breakthroughs
1:06:35 - Advice for Aspiring Entrepreneurs
1:08:50 - Following and Purchasing from Phone Skope
1:10:42 - Final Words and Closing Remarks
https://foamcooler.com/
https://www.instagram.com/foamcooler/
https://www.youtube.com/@foamcooler
https://www.facebook.com/foamcooler
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