Mike Watts was this week's guest on Success Proiles Radio. He has 6 start up companies under his belt, including founding three consecutive multi-million dollar companies in the last 10 years. He currently serves as CEO of LoveHandle, a fast growing American manufacturer of patented custom smartphone grips and accessories where he leads a team of 30 full-time employees. He has also been listed on the Fortune 5000.
We discussed how he got a deal with Daymond John without actually getting on Shark Tank, and the biggest takeaways he has learned from working with him. We also talked about what to do if you have a business idea but are not sure what to do next.
In addition, we talked about the biggest challenges he has faced in startup companies, what to do if people are trying to copy your products, whether or not it's a good idea to have an exit strategy at the beginning of a business startup, and how to get products on QVC and in stores.
Finally, we also discussed his podcast The Mike Watts Show where he talks about topics relating to entrepreneurship. You can subscribe to the show on iTunes. You can also listen at https://toginet.com/shows/successprofilesradio
Serial Inventor, Entrepreneur and Daymond John Business Partner – Mike Watts– Ep65 Mike Watts is a serial entrepreneur who has started 6 product-based companies totaling over $50million in total sales. Mike is currently serving as Founder and CEO of LoveHandle, who manufactures patented custom-printed smartphone accessories and is a partner of Daymond John from Shark Tank. Many listeners of this show are inventors and Mike took a slightly different approach than many inventors. Mike started out by partnering with an inventor of a lawn/garden product and manufacturing that inventor’s product, in return for giving the inventor a royalty. After that product, Mike has created a smart phone accessory that makes it easier to hold your phone. The brand name is called Lovehandle (www.lovehandle.com). Daymond John (from Shark Tank) discovered his product and was so impressed with it that he contacted Mike and they have since partnered up to do business together. Mike’s number one tip: Seek out wisdom from those that have done it before You can contact Mike at: Mike@lovehandle.com Instagram: @mikewattsceo
Mike Watts (LoveHandle) joins us on the podcast to discuss family, entrepreneurship, marketing and how mission trips have impacted his life. Break the Box is a free flowing conversation at the intersection of faith, entrepreneurship & creativity and is produced by Battle Cry Revival.