Did Tailgate N Go appear on Shark Tank Season 11? Yes, Tailgate N Go made its pitch on Shark Tank Season 11. The company sought $250,000 for a 10% stake, and ultimately secured a deal with Matt Higgins for $250,000 in exchange for a 20% equity share plus a $50 royalty until the initial investment is recouped.

Tailgate N Go Shark Tank Update | Shark Tank Season 11

Tailgate N Go is the ultimate solution for outdoor cooking enthusiasts. This innovative product combines a portable kitchen and a dry box, providing everything you need to whip up delicious meals no matter where your adventures take you.

With its compact design and durable construction, Tailgate N Go is perfect for tailgating, camping, fishing, or any outdoor activity where good food is a must.

The Shark Tank Phenomenon

Shark Tank is a popular reality TV show where aspiring entrepreneurs pitch their business ideas to a panel of successful investors, known as “sharks.”

The show has become a cultural phenomenon, inspiring countless entrepreneurs and showcasing the power of innovation and determination.

For businesses like Tailgate N Go, appearing on Shark Tank can be a game-changer, providing exposure, validation, and potentially life-changing investments.

Tailgate N Go’s Shark Tank Pitch

1. The Pitch

2. The Founders’ Story

Ron Johnson and Taylor Crook, the founders of Tailgate N Go, are passionate about outdoor cooking and adventure. They recognized the need for a convenient and versatile solution for preparing meals on the go.

Driven by their own experiences and frustrations with existing products, they set out to create Tailgate N Go, a product that would revolutionize the outdoor cooking experience.

3. The Product Demonstration

During their Shark Tank pitch, Ron and Taylor showcased the impressive features and functionality of Tailgate N Go.

They demonstrated how easy it is to set up and use, highlighting its compact size, ample storage space, and durable construction.

The sharks were impressed by the product’s versatility and its ability to cater to a wide range of outdoor activities.

The Shark Tank Deal

1. Matt Higgins’ Investment

Out of all the sharks, Matt Higgins, a seasoned investor and marketing expert, saw the potential in Tailgate N Go.

He was impressed by the product’s innovation, the founders’ passion, and the vast market opportunity.

Higgins recognized that Tailgate N Go had the potential to become a staple for outdoor enthusiasts everywhere.

2. The Terms of the Deal

Higgins offered Ron and Taylor $250,000 for a 20% stake in Tailgate N Go. Additionally, he included a $50 royalty on each unit sold until the initial investment was fully repaid.

This royalty structure ensured that Higgins would see a return on his investment while also incentivizing the founders to drive sales and grow the business.

3. Impact on Tailgate N Go

Securing the deal with Matt Higgins was a turning point for Tailgate N Go. The investment provided the company with the much-needed capital to scale production, expand their marketing efforts, and reach a wider audience.

Higgins’ expertise in marketing and brand building also proved invaluable, helping the founders refine their messaging and connect with their target customers.

The Shark Tank exposure further boosted brand awareness and credibility, driving sales and establishing Tailgate N Go as a leader in the outdoor cooking market.

Tailgate N Go Update

1. Company Growth and Expansion

Since their successful Shark Tank appearance, Tailgate N Go has experienced significant growth and expansion.

The investment from Matt Higgins allowed them to ramp up production and meet the increasing demand for their product.

They have expanded their distribution network, making Tailgate N Go available in more retail stores and online platforms.

The company has also grown its team, bringing on talented individuals to support their operations and marketing efforts.

2. Product Enhancements and Innovations

Tailgate N Go hasn’t rested on its laurels. They have continued to innovate and improve their product based on customer feedback and market trends.

They have introduced new features and accessories, making their portable kitchen even more versatile and user-friendly.

They have also expanded their product line, offering different sizes and configurations to cater to various needs and preferences.

3. Customer Reviews and Feedback

Tailgate N Go has garnered overwhelmingly positive reviews from customers. Users praise its convenience, durability, and functionality.

Many appreciate its compact size and ease of setup, making it ideal for spontaneous outdoor adventures.

Customers also rave about the quality of the materials and the thoughtful design, which ensures that everything has its place.

The company actively engages with its customers, seeking feedback and incorporating their suggestions into future product iterations.

The Future of Tailgate N Go

1. Market Potential and Opportunities

The future looks bright for Tailgate N Go. The market for outdoor cooking and recreation products is steadily growing.

This is fueled by an increasing interest in outdoor activities and a desire for convenient and versatile solutions. Tailgate N Go is well-positioned to take advantage of this trend.

They have an innovative product, a strong brand presence, and a growing customer base. There are also opportunities to expand into new markets, such as catering and event planning. Their portable kitchen could be a valuable asset in these areas.

2. Challenges and Competition

While Tailgate N Go enjoys a strong position in the market, they face challenges. Competition in the outdoor cooking space is fierce, with new products and brands emerging constantly.

The company must continue to innovate and set itself apart to stay ahead. They also need to navigate supply chain disruptions and rising costs, which can impact their profitability and pricing.

3. Vision and Goals

Tailgate N Go’s vision is to become the go-to brand for outdoor cooking and adventure. They aim to empower people to create delicious meals and unforgettable memories wherever they go.

Their goals include expanding their product line, reaching new markets, and fostering a community of passionate outdoor enthusiasts.

They are committed to sustainability and minimizing their environmental impact. With their dedication to innovation, quality, and customer satisfaction, Tailgate N Go is poised for continued success in the years to come.

FAQs

What is Tailgate N Go?

Tailgate N Go is a portable outdoor kitchen and dry box. It is designed to make outdoor cooking easy and convenient, no matter where your adventures take you.

Who invested in Tailgate N Go on Shark Tank?

Matt Higgins, a seasoned investor and marketing expert, invested in Tailgate N Go on Shark Tank.

How much was the investment?

Matt Higgins invested $250,000 in exchange for a 20% stake in the company, plus a $50 royalty on each unit sold until the investment is recouped.

What are the company’s future plans?

Tailgate N Go aims to become the leading brand for outdoor cooking and adventure. They plan to expand their product line, reach new markets, and foster a community of outdoor enthusiasts.

The Bottom Line

Tailgate N Go’s journey from a simple idea to a successful Shark Tank investment is a testament to the power of innovation, passion, and determination. Their product has resonated with outdoor enthusiasts, providing a convenient and versatile solution for cooking delicious meals on the go.

With their continued focus on innovation, quality, and customer satisfaction, Tailgate N Go is well-positioned for continued growth and success in the years to come. Whether you’re tailgating, camping, or simply enjoying a picnic in the park, Tailgate N Go is the perfect companion for your outdoor adventures.