'Shark Tank': How this 15-year-old landed a 6-figure deal with the founder of Toms

  • 📰 CNBC
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

Education Education Headlines News

Education Education Latest News,Education Education Headlines

'Shark Tank': How this 15-year-old landed a 6-figure deal with the founder of Toms. (via CNBCMakeIt)

Fifteen-year-old Carson Grill just started his freshman year of high school, but unlike most of his classmates, he is already running his own company. With his father, Jason Grill, Carson is co-founder and CEO of Touch Up Cup, a company selling paint storage containers.

Carson and his father first thought of the idea for Touch Up Cup when they noticed that the paint and paint buckets they kept around for home touch-ups became rusty over time.is a plastic cup that holds 13 oz. of paint. It has stainless steel springs that mix paint and remove clumps when the cup is shaken, Carson said. "Just shake and paint."

As for cost per unit, a Touch Up Cup costs $0.90 to make, and it is sold retail for $3.99 to $4.99, Carson added."Normally, on 'Shark Tank,' when you bring in your son, usually the father gives the pitch, and the son does a little demo and then off they go because things are going to get tough in the Tank. So far, Carson is doing all the talking," Shark Kevin O'Leary said.

The three additional products "are absolutely a part of this deal," Carson said. "They are designed to keep muffins, bagels and donuts fresh for three to four days longer than conventional packaging," and account for 5% of Touch Up Cup's sales.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt CAN SOMEONE PLEASE HELP US I am a single father of a disabled toddler we are about to lose everything we are desperately in need of help we have exhausted all other options

MakeIt HOLY BITCOIN, BATMAN!!! No stopping her now! A week after the PayPal/Venmo adoption, JP Morgan is on board and Microstrategy announced $100 million profit in two month investment!!! Industrial and commercial industry FOMO is going to drive the price to the mooooooon!!!! 🚀

MakeIt Hairy legs that only reason the Democrats doomed party voted Sleepy Biden

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in EDUCATÄ°ON

Education Education Latest News, Education Education Headlines