What is LeGlue and what problem does it solve? LeGlue is a non-toxic, temporary glue specifically designed for use with building blocks like Lego. It was created to solve the problem of builds falling apart when dropped, allowing creations to stay intact longer.
Summary
- LeGlue is a temporary, non-toxic glue for building blocks, invented by Tripp Phillips.
- Tripp appeared on Shark Tank Season 10, securing a deal with Kevin O’Leary.
- LeGlue is still in business, generating over $1 million in annual revenue.
- The product is available on the LeGlue website and Amazon.
- Tripp continues to focus on his education and growing his business.
LeGlue Temporary Glue Shark Tank Update | Shark Tank Season 10
LeGlue isn’t your average glue. It’s a specially designed adhesive for building blocks like Lego, created to solve a common problem for enthusiastic builders.
This is the story of how a young boy’s frustration with crumbling creations turned into a million-dollar business, thanks to an innovative idea and a helpful boost from Shark Tank.
The Story of LeGlue
Imagine building an elaborate Lego castle, only to have it crash to the ground and shatter into pieces.
This frustrating experience was all too familiar to Tripp Phillips, a young boy with a passion for building. Determined to find a solution, Tripp, with the help of his scientist dad, developed LeGlue.
This unique adhesive is designed to hold building blocks together securely, preventing those devastating collapses, but it also washes off easily with warm water, allowing for endless rebuilding possibilities.
A Young Inventor’s Solution
Tripp’s invention stemmed from a simple school assignment: invent something new. His dad encouraged him to identify a problem and find a way to solve it.
That’s when the idea for LeGlue clicked. Frustrated with his Lego creations falling apart, Tripp saw an opportunity to create something that would benefit builders of all ages.
With his dad’s guidance, he developed a safe, non-toxic glue that would keep those blocks together without causing permanent damage.
LeGlue on Shark Tank
1. Tripp’s Pitch
Tripp, accompanied by his dad, Lee, bravely entered the Shark Tank in Season 10 to seek an investment in LeGlue.
His impressive pitch highlighted the product’s unique features and its potential to solve a common problem for Lego enthusiasts.
| Entrepreneurs | Tripp Phillips and Lee Phillips |
|---|---|
| Business | LeGlue – Temporary adhesive for building blocks |
| Ask | $80,000 for 15% equity |
| Deal | $80,000 for 20% equity |
| Shark | Kevin O’Leary |
| Season – Episode | Season 10 Episode 1 |
| Original Air Date | October 7, 2018 |
| Website | Le-Glue |
| Key Points of Pitch |
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| Why Sharks Accepted |
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2. The Sharks’ Offers
Intrigued by Tripp’s invention and his passion, the Sharks were eager to make offers.
Kevin O’Leary, recognizing the licensing potential of LeGlue, proposed a deal where he would provide $80,000 in exchange for 50% of licensing revenue until his investment was recouped, after which his equity would drop to 20%.
Daymond John also saw the value in LeGlue and offered $80,000 for 25% equity.
3. Deal or No Deal?
Faced with two promising offers, Tripp ultimately decided to accept Kevin O’Leary’s deal.
He recognized the value of Kevin’s expertise in licensing and his ability to help LeGlue reach a wider audience.
This strategic partnership would prove to be instrumental in LeGlue’s future success.
LeGlue After Shark Tank
1. Sales and Revenue Growth
Appearing on Shark Tank gave LeGlue incredible exposure. The company experienced a significant surge in sales after the episode aired.
In the first year alone, LeGlue generated $500,000 in revenue. This success has continued, with the company now boasting annual revenue of over $1 million.
Tripp’s invention, once a solution to his own frustration, has clearly resonated with a large audience of fellow builders.
2. Product Availability
Want to get your hands on some LeGlue? You have a couple of options. You can purchase it directly from the LeGlue website, which offers detailed information about the product and its uses.
Alternatively, you can find LeGlue on Amazon, making it even more accessible to customers.
This wide availability has contributed to the product’s continued success and allowed it to reach a global market.
The Future of LeGlue
1. Tripp’s Continued Success
Tripp’s journey as a young entrepreneur is truly inspiring. Despite his success with LeGlue, he remains focused on his education while continuing to grow his business.
This dedication suggests a bright future for both Tripp and LeGlue. His story serves as a reminder that with creativity, determination, and a little help, even the youngest inventors can achieve great things.
2. Where to Buy LeGlue
If you’re ready to give LeGlue a try, you can find it in a couple of places:
- LeGlue Website: Head over to the official LeGlue website to learn more about the product and make a purchase. You’ll often find special offers and bundles available here.
- Amazon: For added convenience, LeGlue is also available on Amazon. This allows for easy ordering and quick delivery, especially if you’re already an Amazon Prime member.
FAQs
What is LeGlue?
LeGlue is a non-toxic, temporary adhesive specifically designed for use with building blocks like Lego. It helps keep your creations sturdy and prevents them from falling apart easily.
Where can I buy LeGlue?
LeGlue is available for purchase on the official LeGlue website and on Amazon.
How much does LeGlue cost?
The price of LeGlue can vary depending on the retailer and any current promotions. It’s best to check the LeGlue website or Amazon for the most up-to-date pricing information.
Is LeGlue safe for kids?
Yes, LeGlue is non-toxic and safe for kids to use. However, adult supervision is always recommended, especially for younger children.
How do I remove LeGlue?
LeGlue washes off easily with warm water. Simply soak your creation in warm water, and the glue will dissolve, allowing you to take your blocks apart and rebuild something new.
The Bottom Line
LeGlue is a testament to the power of innovative thinking and the potential of young entrepreneurs. Tripp Phillips identified a common problem, developed a creative solution, and with the help of Shark Tank, turned his invention into a thriving business.
LeGlue has not only helped countless builders keep their creations intact but has also inspired aspiring inventors of all ages. It’s a sticky success story that proves that sometimes, the best ideas come from solving everyday problems.
