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July 31, 2023
John Rizvi, Esq.

The Success of Judy and Bobby Edward’s Squatty Potty Invention As Seen On ABC Shark Tank

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00:00

Believe it or not this simple stool to help you do your business is actually great for business

00:06
Squatty Potty Squatty Potty Squatty Potty.

00:09
Hi, I'm John Rizvi, the patent professor. Do you have what it takes to survive in the Shark Tank mother some team, Judy and Bobby Edwards pitched Squatty Potty on ABC shark tank in 2014

00:23
A simple stool that's been carefully designed that allows the user to squat in a healthy position while still enjoying the comfort and convenience of their western toilet.

00:35
Although it was a great idea. The sharks needed some assurance that it could not be replicated by others.

00:41
Is there anything to stop someone else from doing exactly the same thing?

00:44
Okay, so we have several patents we have a design patent on our echo which is our number one seller we have a patent pending is on this adjustable squatty slowly Grenier

00:52
invested $350,000 for 10% equity in Squatty Potty shave

00:58
we're gonna take Lori's offer. Free go. In the beginning people thought we were crazy for selling such a product. Having Laurie on our team has really validated the Squatty Potty

01:08
sent its appearance on the show. Squatty Potty has become incredibly successful.

01:13
The night we aired 158,000 people visited our website

01:17
we just launched in every location nationwide. That's over 1100 stores now.

01:21
Squatty Potty has become a cultural phenomenon. We were able to secure buyers and major retailers and it snowballed into an international multimillion dollar company.

01:30
There are all these new products, all this new creativity. It's taken the brand to a whole new level. We've now sold over 4.5 million squatty potties.

01:40
Squatty Potty has partnered with over 20 major retailers. We're also in 20 countries all over the world. We've now done $175 million in sales since Shark Tank.

01:51
And all it took was one simple idea and the courage to pursue it is high time

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