Making It in The Toy Industry | Start A Toy Business

#230: How She Invented A Plush Toy and Licensed The Idea For Passive Income


Listen Later

Have you ever wondered if it were possible to sell your toy idea instead of the finished product? Today’s podcast episode follows one creator, who does just that.

Today’s guest Joanna Paul, shares her journey of developing Moodles (formerly known as "What's Its Face?"), a patentable plush invention designed to help children understand and express their emotions. From the initial concept inspired by her own experiences as a mom to the challenges of patenting and licensing, Joanna's toy story is a testament to the power of persistence and adaptability in the toy industry.

Throughout the episode, Joanna discusses key aspects of her success, including:

  1. The importance of understanding your strengths and weaknesses as an inventor and entrepreneur
  2. Navigating the complexities of patenting and licensing to protect your intellectual property
  3. Adapting your product based on feedback from buyers and embracing changes for marketability
  4. The emotional rollercoaster of pitching, rejection, and ultimately seeing your toy on store shelves

Joanna's background in branding and design, combined with her personal experiences as a parent, have shaped her approach to toy invention. Her creation, Moodles, not only serves as a fun and engaging toy but also has the potential to make a fundamental impact on childhood development by promoting emotional learning, imagination, and problem-solving skills.

Hit play on this episode to listen in on Joanna’s early days of prototyping and pitching to the exciting moment of finally seeing Moodles available at major retailers like Walmart, Kohl's, and on Amazon.

Episode Cliff Notes:

  • Learn how one mom's experience in the suburbs inspired her to create an emotional learning plush toy. [05:10]
  • Discover how a toy with six different facial expressions can help kids learn about emotions and express themselves without electronics. [03:38]
  • Find out how persistence and facing legal challenges led to the success of Moodles, a toy that became particularly relevant during the COVID-19 pandemic when childhood mental health problems were on the rise. [09:54]


Send The Toy Coach Fan Mail!

Support the show

Popular Masterclass! How To Make & Sell Your Toy Ideas
Your Low-Stress, Start-To-Finish Playful Product Launch In 5 Steps
>> https://learn.thetoycoach.com/masterclass <<

...more
View all episodesView all episodes
Download on the App Store

Making It in The Toy Industry | Start A Toy BusinessBy Azhelle Wade | The Toy Coach | Toy Creators Academy

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

138 ratings


More shows like Making It in The Toy Industry | Start A Toy Business

View all
Wait Wait... Don't Tell Me! by NPR

Wait Wait... Don't Tell Me!

38,649 Listeners

Fresh Air by NPR

Fresh Air

38,189 Listeners

TED Radio Hour by NPR

TED Radio Hour

22,054 Listeners

The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,580 Listeners

The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,101 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,789 Listeners

Pivot by New York Magazine

Pivot

9,140 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,219 Listeners

Spooked by KQED and Snap Studios

Spooked

16,376 Listeners

The Playground Podcast by Chris Byrne

The Playground Podcast

14 Listeners

My First Million by Hubspot Media

My First Million

2,620 Listeners

Park Predators by audiochuck

Park Predators

17,633 Listeners

The Town with Matthew Belloni by The Ringer

The Town with Matthew Belloni

1,005 Listeners

Toy Business Unboxed by ToyLaunch

Toy Business Unboxed

4 Listeners

Raging Moderates with Scott Galloway and Jessica Tarlov by Vox Media Podcast Network

Raging Moderates with Scott Galloway and Jessica Tarlov

1,097 Listeners