
Photo: Squatty Potty/Facebook

Photo: Squatty Potty/Facebook
Bobby, his parents and one of his parents put up $35,000 to start manufacturing Squatty Potty stools and set up a website. They decided to start making the stools out of plastic – the prototypes had been wooden – to bring the price down, and placed an order for 2,000 of them in China. It came in a big container, and after seeing what 2,000 Squatty Pottys looked like, Bobby Edwards recalls thinking “What? We are never going to sell these, right?”. They now sell that many in a single day. In the first year, 2011, the Edwards sold $17,000 worth of Squatty Potty stools, but by 2016, annual sales had skyrocketed to $16 million, and sales have been climbing ever since. They sent free samples to health bloggers to create awareness, then got a call from Dr. Oz, and even appeared on Shark Tank, which was their really big break. They generated $1 million in sales within 24 hours after being featured on Shark Tank, where they also received a $500,000 investment from Lori Greiner. The problem with relatively simple products like the Squatty Potty is that they are easy to copy, but while knockoffs have been on the market for a while now, the company is still thriving because of constant innovation. There is now a portable Squatty Potty that fits in a backpack, an attachable bidet and even a potty training program called Squattypottymus. They’ve also invested a lot in marketing, including online. A YouTube ad that cost around $250,000 currently has around 100 million views on the popular video platform.But ultimately, the secret to the Squatty Potty’s success lies in its effectiveness. It helps people poop easier, an there is an explanation for that, which Bobby briefly explains: “We all have a kink in our colon, it’s there to maintain continence. Otherwise we’d be crapping our pants wherever we go.” Apparently, sitting on the toilet relaxes that kink a little, which is enough for some people, but emulating a squatting position really improves bowel evacuation. When Judy Edwards started the Squatty Potty business with her family, she thought they would sell a few to supplement their income, but according to a recent CNBC article, the company is now worth around $30 million. She has long retired – although she remains on the board – Bobby is currently taking a few months off after hiring a new CEO. Talk about turning lemons into lemonade, right?