Touch-Up Cup Business Insights

Carson and Jason Grill pitch their innovative paint storage solution, the Touch-Up Cup, on Shark Tank. They seek $150,000 for 10% equity, highlighting the product's features and market presence. Despite being part-time entrepreneurs, they impress the Sharks with their sales and strategic partnerships. After negotiations, they accept an offer from Blake for $150,000 in exchange for 17.5% equity, aiming to expand their business further.

What problem does the Touch-Up Cup aim to solve?

• Preserving food freshness

• Keeping clothes wrinkle-free

• Storing leftover paint without rust and clumps

• Organizing kitchen utensils

What is a unique feature of the Touch-Up Cup?

• It includes a stainless steel blending sphere

• It can store any liquid

• It has a built-in paintbrush

• It changes color when paint is old

How many locations is the Touch-Up Cup currently available in?

• 2,500

• 1,000

• 4,000

• 5,500

What is Carson's age during the pitch?

• 20

• 18

• 15

• 12

What is the cost to produce a three-pack of Touch-Up Cups?

• $3.00

• $2.50

• $1.99

• $0.90

What percentage of sales is currently online for Touch-Up Cup?

• 90%

• 30%

• 50%

• 70%

What was the initial offer Carson and Jason were seeking from the Sharks?

• $100,000 for 10%

• $150,000 for 10%

• $200,000 for 15%

• $250,000 for 20%

Which Shark made the final deal with Carson and Jason?

• Mark Cuban

• Lori Greiner

• Damon John

• Blake Mycoskie

What was the final deal accepted by Carson and Jason?

• $200,000 for 20%

• $150,000 for 25%

• $200,000 for 25%

• $150,000 for 17.5%

What motivational message did Carson share at the end?

• Success is only for adults

• Hard work and research can lead to success

• Never trust anyone in business

• Always work alone