1 00:00:00,280 --> 00:00:03,960 Speaker 1: Now on Bloomberg Radio, we take stock of small business. 2 00:00:04,240 --> 00:00:07,720 Speaker 1: Small businesses want more streamlining and less red tag small 3 00:00:07,760 --> 00:00:11,400 Speaker 1: businesses and they can even accept the no, but maybe 4 00:00:11,640 --> 00:00:14,120 Speaker 1: kill them. There's so many people that have ideas and 5 00:00:14,160 --> 00:00:15,840 Speaker 1: it has to be more than that. It has to 6 00:00:15,880 --> 00:00:19,520 Speaker 1: be making it real. Bloomberg taking stock small Business in 7 00:00:19,560 --> 00:00:24,119 Speaker 1: Focus on Bloomberg Radio. A children's toy that you don't 8 00:00:24,160 --> 00:00:28,840 Speaker 1: have to log onto or plug into that blends creativity, 9 00:00:28,880 --> 00:00:33,760 Speaker 1: spatial literacy, and architectural principles, completely made in America and 10 00:00:33,840 --> 00:00:38,280 Speaker 1: developed by a husband and wife team over twenty five years. 11 00:00:38,280 --> 00:00:40,360 Speaker 1: Does it sound good, well, then listen to this. We're 12 00:00:40,400 --> 00:00:43,280 Speaker 1: welcoming now Mike and Heather a chair. They're the creators 13 00:00:43,440 --> 00:00:49,959 Speaker 1: of lux Blocks. Welcome to you both. Good afternoon. So 14 00:00:50,159 --> 00:00:53,800 Speaker 1: let's start with you, Mike, because I know you would 15 00:00:53,840 --> 00:00:55,280 Speaker 1: come up a lot of with a lot of ideas 16 00:00:55,320 --> 00:00:57,160 Speaker 1: when you're developing these blocks, and Heather would come home 17 00:00:57,200 --> 00:00:59,600 Speaker 1: from work and say, Mike, it doesn't quite work. So 18 00:01:00,280 --> 00:01:02,319 Speaker 1: is Lux Blocks? Well? How does it work? What makes 19 00:01:02,320 --> 00:01:06,760 Speaker 1: it special? What makes it special is that when kids 20 00:01:06,800 --> 00:01:09,640 Speaker 1: snap these things together, they have hinges in them so 21 00:01:09,680 --> 00:01:11,600 Speaker 1: they move, so basically you can It's hard to talk 22 00:01:11,600 --> 00:01:13,400 Speaker 1: about a visual thing on the radio. But when you 23 00:01:13,480 --> 00:01:15,800 Speaker 1: sat together and make a sheet that moves like sheet 24 00:01:15,840 --> 00:01:18,760 Speaker 1: metal would move, right, But the minute you fold it, 25 00:01:18,760 --> 00:01:20,880 Speaker 1: it's corrugating like sheet metal would do, like on the 26 00:01:20,920 --> 00:01:22,959 Speaker 1: wing of an airplane. So kids are deriving structure and 27 00:01:23,000 --> 00:01:26,520 Speaker 1: rigidity to the same way an architecture and engineer would not, 28 00:01:26,600 --> 00:01:28,920 Speaker 1: like a bricklayer. Right, you're not piling heavy objects on 29 00:01:28,920 --> 00:01:32,440 Speaker 1: top each other's stick. You're you're getting lightweight strength through ideas. 30 00:01:32,720 --> 00:01:34,760 Speaker 1: So the kids have we call it having access to 31 00:01:34,800 --> 00:01:38,320 Speaker 1: nature's principles success exactly how cells and plants and animals 32 00:01:38,360 --> 00:01:41,240 Speaker 1: are put together through corrugation. Now I understand that there 33 00:01:41,280 --> 00:01:45,920 Speaker 1: are no printed instructions tell us about that. Yeah, well, 34 00:01:45,959 --> 00:01:47,680 Speaker 1: you know, and that's that was always an issue with 35 00:01:47,720 --> 00:01:49,600 Speaker 1: our company. We really wanted to be an open ended, 36 00:01:49,720 --> 00:01:51,880 Speaker 1: you know, old school toy, and we've got a little 37 00:01:51,880 --> 00:01:54,000 Speaker 1: bit of pushbacks because of that. So we have printed 38 00:01:54,000 --> 00:01:56,840 Speaker 1: some instructions online and we have forty two videos online 39 00:01:57,120 --> 00:02:00,960 Speaker 1: professionally done with kids showing how to build with the block. Uh. 40 00:02:01,240 --> 00:02:04,600 Speaker 1: The point was we these aren't kids like other toys. 41 00:02:04,760 --> 00:02:07,120 Speaker 1: They'll say this is the Star Wars staying or the 42 00:02:07,160 --> 00:02:10,000 Speaker 1: Harry Potter thing. We really wanted kids to make things 43 00:02:10,000 --> 00:02:12,160 Speaker 1: and tem apart and make more things because the block 44 00:02:12,560 --> 00:02:15,680 Speaker 1: really doesntstruct you and guide you in a really creative, 45 00:02:15,680 --> 00:02:17,799 Speaker 1: beautiful way. And that was the process we want to 46 00:02:17,800 --> 00:02:20,320 Speaker 1: involve on kids play with the block. So Heather tell 47 00:02:20,400 --> 00:02:24,280 Speaker 1: us about the patented hinge, because again I understand that 48 00:02:24,520 --> 00:02:26,120 Speaker 1: you were developing this. You guys came up with the 49 00:02:26,280 --> 00:02:29,400 Speaker 1: hinge and Mike initially wanted to have except you said no, 50 00:02:29,400 --> 00:02:30,680 Speaker 1: no, no no, no, no no no, it has to be part 51 00:02:30,680 --> 00:02:32,639 Speaker 1: of the blocks. What is it and what's so special 52 00:02:32,639 --> 00:02:36,200 Speaker 1: about it? Well? Um, actually, if you saw what the 53 00:02:36,560 --> 00:02:39,400 Speaker 1: prototype process was like, you'd find it most amusing. It 54 00:02:39,400 --> 00:02:41,320 Speaker 1: actually took us, when we really sat down to make 55 00:02:41,360 --> 00:02:44,600 Speaker 1: the block, uh, almost four years with the three D printer, 56 00:02:44,760 --> 00:02:47,400 Speaker 1: trying lots of different designs before we actually wound up 57 00:02:47,400 --> 00:02:51,800 Speaker 1: with the final design. Um. We actually had a German 58 00:02:51,840 --> 00:02:55,200 Speaker 1: astrophysicist come by dropped by the house one day through 59 00:02:55,200 --> 00:02:57,440 Speaker 1: some German friends, and and you know, he was a 60 00:02:57,440 --> 00:03:01,679 Speaker 1: big proponent of of a separate hinge connector with six 61 00:03:01,720 --> 00:03:04,120 Speaker 1: different points in this sort of thing. And what what 62 00:03:04,480 --> 00:03:06,040 Speaker 1: the more you try to put into it, the more 63 00:03:06,080 --> 00:03:11,040 Speaker 1: complicated it became and it had less of a textural appeal, 64 00:03:11,560 --> 00:03:14,000 Speaker 1: and for me, it was very important that it be 65 00:03:14,080 --> 00:03:16,760 Speaker 1: also intuitive. So I was the one who was insistent 66 00:03:16,760 --> 00:03:19,120 Speaker 1: in the entire time that the connector be on the 67 00:03:19,120 --> 00:03:23,040 Speaker 1: block itself, because I wanted that instant gratification that I've 68 00:03:23,080 --> 00:03:27,320 Speaker 1: snapped two blocks together. And the hinge was not originally 69 00:03:27,400 --> 00:03:30,280 Speaker 1: conceived in the process that it was something that developed 70 00:03:30,400 --> 00:03:32,600 Speaker 1: later on the process, because we even had comb like 71 00:03:32,720 --> 00:03:35,000 Speaker 1: connectors and that sort of thing. If you saw at 72 00:03:35,000 --> 00:03:37,840 Speaker 1: our home the number of prototypes we did on our 73 00:03:37,880 --> 00:03:40,440 Speaker 1: three D printer, you you'd really find it most amusing, 74 00:03:40,480 --> 00:03:42,640 Speaker 1: because we have tubs and tubs of ideas that didn't 75 00:03:42,680 --> 00:03:45,000 Speaker 1: quite make it. I'm wondering who came up with the 76 00:03:45,040 --> 00:03:50,080 Speaker 1: atomic optimization principle? Oh, that'd be all right. Tell us 77 00:03:50,120 --> 00:03:53,560 Speaker 1: what is the atomic optimization principle and how does it 78 00:03:53,600 --> 00:03:58,160 Speaker 1: apply to lux blocks. Well, the idea was is that 79 00:03:58,600 --> 00:04:02,000 Speaker 1: it goes back to the Greek that they thought that um, 80 00:04:02,000 --> 00:04:04,280 Speaker 1: it's got there was an intelligent, you know, deity that 81 00:04:04,320 --> 00:04:07,440 Speaker 1: made the universe, that that the god would have had 82 00:04:07,480 --> 00:04:09,920 Speaker 1: a very simple building blocks that would have made everything right. 83 00:04:09,920 --> 00:04:12,600 Speaker 1: It's a very old idea from democratis the Adam idea, 84 00:04:13,080 --> 00:04:15,880 Speaker 1: And well that was when we wanted to make this block. 85 00:04:16,000 --> 00:04:18,159 Speaker 1: We went down to first principles. We look looked at 86 00:04:18,200 --> 00:04:20,039 Speaker 1: how nature put itself together. So there was a lot 87 00:04:20,080 --> 00:04:21,560 Speaker 1: of thinking that wins this block. We look at the 88 00:04:21,640 --> 00:04:25,520 Speaker 1: geometry of Buck, Mr. Fuller and Einstein and so the 89 00:04:25,560 --> 00:04:28,920 Speaker 1: block Uh, the single square, but there's all only one piece. 90 00:04:29,000 --> 00:04:31,120 Speaker 1: If you if you lose a piece, unlike Lego, you 91 00:04:31,120 --> 00:04:33,000 Speaker 1: can still build what everyone because they're all the same piece. 92 00:04:33,000 --> 00:04:36,880 Speaker 1: It's all the same square looking piece. But they generate 93 00:04:37,040 --> 00:04:39,120 Speaker 1: rules when you start putting these things together. These little 94 00:04:39,120 --> 00:04:43,000 Speaker 1: square blocks make spears, they make cells and molecules. They 95 00:04:43,080 --> 00:04:46,919 Speaker 1: just build nature. And that's the atomic optimization principle that 96 00:04:46,920 --> 00:04:49,479 Speaker 1: that basically, when you do have a real atomic element, 97 00:04:49,760 --> 00:04:51,680 Speaker 1: you're going to build the universe. And that's what this 98 00:04:51,760 --> 00:04:54,960 Speaker 1: block does. So Heather, Uh, you and your husband Mike 99 00:04:55,200 --> 00:04:58,440 Speaker 1: are artists, inventors. You work for twenty five years on 100 00:04:58,480 --> 00:05:01,080 Speaker 1: these lux blocks. That's lu X and then b l 101 00:05:01,160 --> 00:05:04,960 Speaker 1: o X as entrepreneurs and small business people getting off 102 00:05:05,000 --> 00:05:07,280 Speaker 1: the ground. You're a hundred stores. Now what has been 103 00:05:07,279 --> 00:05:11,120 Speaker 1: your challenge? What have you learned? Oh, my goodness, Threshley 104 00:05:11,200 --> 00:05:14,479 Speaker 1: and close to eight hundred stores were Recently, Barnes and 105 00:05:14,520 --> 00:05:17,159 Speaker 1: Noble picked us up, so we're pretty excited about that. Actually, 106 00:05:17,160 --> 00:05:19,880 Speaker 1: we hit their shelves on the eleventh. So I guess 107 00:05:20,800 --> 00:05:24,240 Speaker 1: I think the most important thing is at some point 108 00:05:24,279 --> 00:05:26,479 Speaker 1: you do have to say stop, that's good enough, you 109 00:05:26,480 --> 00:05:29,960 Speaker 1: could keep refining. I think every artist or every inventor 110 00:05:30,279 --> 00:05:32,240 Speaker 1: comes across that problem. You know you have to stop 111 00:05:32,240 --> 00:05:35,200 Speaker 1: when you've you've solved the problem. At some point you 112 00:05:35,240 --> 00:05:37,120 Speaker 1: know you just can't keep working. You'll never have a product. 113 00:05:37,160 --> 00:05:40,000 Speaker 1: So that would be sort of a first lesson. And 114 00:05:40,040 --> 00:05:43,000 Speaker 1: then the other ideas are, you know, find your audience 115 00:05:43,480 --> 00:05:47,960 Speaker 1: and start with with a good audience and build from there. Um, 116 00:05:47,960 --> 00:05:50,560 Speaker 1: those would be some lessons that I've learned. Thank you 117 00:05:50,640 --> 00:05:53,680 Speaker 1: very much for joining us, both Mike and Heather A Chera. 118 00:05:53,920 --> 00:05:57,520 Speaker 1: They are the creators of lux Blocks. That's o u 119 00:05:57,880 --> 00:06:01,839 Speaker 1: X b l o X. You're listening to taking Stock. 120 00:06:01,920 --> 00:06:05,240 Speaker 1: I'm pim Fox, my co host Kathleen Hayes, and this 121 00:06:05,800 --> 00:06:06,520 Speaker 1: is Bloomberg