Grinds, a basketball-focused business, recently made an appearance on Shark Tank Season 12, capturing the attention of the sharks and viewers alike. With their innovative coffee pouches and a compelling pitch, Grinds secured a deal that has propelled their success to new heights. In this article, we will delve into the details of their pitch, the outcome of their appearance on Shark Tank, and where you can buy their revolutionary coffee pouches post-show.
- Grinds, a basketball-focused business, appeared on Shark Tank Season 12 and received a deal from Mark Cuban and Barbara Corcoran.
- They received $250,000 for 25% equity in the company.
- Since their appearance, Grinds has sold over 1 million pre-ordered units and experienced significant growth.
- Grinds offers innovative coffee pouches designed to provide a convenient and flavorful caffeine fix for athletes and coffee enthusiasts.
- You can purchase Grinds coffee pouches on their website or on Amazon.
The GRIND Product and Pitch on Shark Tank
Thomas Fields, the founder of GRIND, presented his portable, collapsible, and affordable rebounding machine on Shark Tank Season 12. The GRIND rebounding machine is a breakthrough innovation designed to revolutionize basketball shooting practice for individuals.
This portable basketball shooting machine can be easily placed underneath any basketball hoop, allowing players to practice their shooting skills without the need for a rebounder or an extra person to rebound and pass the ball back. The GRIND rebounding machine provides convenience and accessibility for basketball enthusiasts, making practice sessions more efficient and enjoyable.
During his pitch on Shark Tank, Fields faced some challenges from the sharks who questioned the market potential of his product. However, he emphasized the affordability and practicality of the GRIND rebounding machine, highlighting how it caters to the needs of basketball players of all ages and skill levels.
“The GRIND rebounding machine offers a cost-effective and efficient solution for basketball players who want to improve their shooting skills. By eliminating the need for a rebounder or assistance, it empowers players to train whenever and wherever they want.”
The GRIND rebounding machine gained attention for its unique design and functionality, standing out among other sports training equipment options available in the market.
Here are some notable features of the GRIND rebounding machine:
- Portable and collapsible design for easy transportation and storage
- Automatic rebounding and ball return mechanism
- Durable construction to withstand rigorous basketball practice
- Suitable for players of all ages and skill levels
- Compatible with any basketball hoop
With its innovative design and affordability, the GRIND rebounding machine has gained popularity among basketball enthusiasts looking to enhance their shooting skills and practice efficiency.
|– Convenient and accessible for individual practice
|– Initial investment may be a barrier for some
|– Easy to set up and use
|– Requires a basketball hoop for use
|– Portable and collapsible for easy transportation
|– Limited to shooting practice only
The Deal on Shark Tank
During their appearance on Shark Tank, Thomas Fields, the founder of GRIND, struck a deal with Barbara Corcoran and Mark Cuban. They offered $250,000 for 25% equity in the company. Despite the deal not closing, GRIND managed to fulfill over 1 million pre-orders, indicating promising growth and market demand.
Lori Greiner and Kevin O’Leary did not make offers, while Alex Rodriguez expressed concerns about the low profit margins and price point of the product. However, Fields ultimately accepted the deal from Corcoran and Cuban, acknowledging their expertise and valuable investment in the company.
Barbara Corcoran and Mark Cuban made a deal with Thomas Fields, offering him $250,000 for 25% equity in GRIND.
Despite not closing the deal, the Shark Tank exposure contributed to GRIND’s success and subsequent fulfillment of significant orders. Fields’ passion and dedication to the product resonated with the sharks, demonstrating the potential growth and impact GRIND could have in the sports equipment market.
By securing a deal on Shark Tank, GRIND gained credibility, validating their innovative product in the eyes of consumers and potential investors. The exposure from the show, coupled with the endorsement from Barbara Corcoran and Mark Cuban, helped generate sales and propel GRIND towards further success.
Post-Shark Tank Success and Reviews
After their appearance on Shark Tank, Grinds experienced remarkable success and garnered rave reviews from customers. The company fulfilled over 1 million pre-orders, catapulting them to new heights. Customers have praised Grinds as one of the best investments they’ve made, applauding its quality, functionality, and innovation.
In addition to their flagship rebounding machine, Grinds expanded its product line to include a range of merchandise, such as shirts, hoodies, and shorts, catering to the basketball community and beyond. This diversification has allowed Grinds to connect with a broader audience and establish itself as a reputable brand in the sports equipment industry.
“Grinds has changed the game for me. The rebounding machine is incredibly effective, and the quality of their merchandise is top-notch. I couldn’t be happier with my purchase!” – Satisfied customer
|“The GRIND rebounding machine has taken my basketball training to the next level. It’s durable, easy to use, and offers realistic shooting practice. Highly recommend!”
|“Grinds has exceeded my expectations. The rebounder is well-designed and has helped me improve my shooting accuracy. The merchandise is also great quality and comfortable to wear. Worth every penny!”
|“I can’t say enough good things about Grinds. The rebounder is essential for any basketball player looking to enhance their skills. It’s compact, easily portable, and delivers consistent rebounds. The company’s merchandise is stylish and represents my love for the game. I’m a proud Grinds supporter!”
GRIND’s Current Availability
If you’re interested in purchasing a GRIND rebounding machine, they are currently available for purchase on the GRIND website and on Amazon. However, it’s worth noting that the price has increased since their appearance on Shark Tank. Despite not closing the deal with the sharks, Grinds has continued to sell their products and expand their brand.
GRIND offers convenient options for customers looking to buy their innovative rebounding machine. The GRIND website provides a direct platform for purchasing their products, offering a seamless online shopping experience. Additionally, customers can also find GRIND products on Amazon, taking advantage of the platform’s vast reach and reliable delivery services.
Where to Buy Grinds Shark Tank?
There are two primary options for purchasing GRIND rebounding machines:
- GRIND Website: www.grinds.com
- Amazon: Visit the GRIND product page on Amazon here
Both options provide easy access to GRIND’s rebounding machines, ensuring customers can effortlessly obtain this revolutionary basketball training equipment. However, please be aware that the price may differ from the initial Shark Tank appearance.
GRIND has remained committed to delivering high-quality products to its customers, even without closing the deal on Shark Tank. Their availability on both their official website and Amazon showcases their dedication to expanding their brand and reaching a broader customer base.
As GRIND continues to make waves in the sports equipment market, they strive to provide athletes of all levels with accessible and effective training tools. Whether you choose to purchase from their website or through Amazon, you can join the growing community of basketball enthusiasts benefiting from GRIND’s innovative rebounding machines.
Thomas Fields’ Journey and Vision for GRIND
Thomas Fields, the founder of GRIND, embarked on his entrepreneurial journey after realizing that his dream of making it in the NBA was hindered by injuries. Determined to make a mark in the basketball world, Fields taught himself the art of welding and relentlessly worked on perfecting his brainchild – the GRIND rebounding machine.
Driven by his passion for the game, Fields envisions GRIND as a fusion of Nike’s athletic excellence and Peloton’s interactive fitness approach. His aim is to revolutionize the basketball experience by providing athletes with cutting-edge, interactive sports equipment.
Fields’ dedication and innovation have not gone unnoticed. GRIND recently secured a team deal with the renowned San Antonio Spurs, further solidifying its position in the basketball industry. To enhance accessibility and convenience, Fields is also exploring the inclusion of a battery option for the rebounding machine.
“GRIND is not just a product but a movement. It’s about pushing boundaries, unlocking potential, and empowering athletes at all levels to elevate their game. We are committed to creating an immersive basketball experience that combines the best of technology, training, and performance.”
With his relentless pursuit of excellence, Thomas Fields continues to propel GRIND forward, shaping its future as a prominent player in the sports equipment industry.
Competing in the Sports Equipment Market
GRIND enters a highly competitive sports equipment market that is projected to reach $89.2 billion by 2025. Despite the presence of software-based solutions, Thomas Fields, the founder of GRIND, firmly believes that hardware, like the GRIND rebounding machine, offers unique advantages that software cannot replicate.
This hardware provides athletes with tangible and interactive training experiences that are crucial for skill development and improvement. While software-based solutions may offer virtual simulations, the physical, hands-on nature of GRIND’s rebounding machine provides athletes with a more comprehensive training experience.
Fields is committed to offering athletes the best of both worlds by combining hardware and software elements to enhance training capabilities. GRIND’s goal is to solve real problems faced by athletes and provide them with effective tools for mastering their craft.
This approach has garnered attention and praise from athletes who value the physicality and practicality offered by GRIND products. By focusing on addressing specific pain points within the sports equipment market, GRIND aims to carve out a unique position, distinguishing itself from software-based alternatives.
Furthermore, GRIND’s expansion plans include further product innovations and the exploration of partnerships to continue providing top-tier sports equipment to athletes across various disciplines.
Advantages of GRIND Hardware vs. Software-Based Solutions:
- Physical and interactive training experiences
- Tangible feedback for athletes
- Enhanced muscle memory and skill development
- Practical applications for real-game scenarios
- Complements virtual simulations and software-based training
“GRIND offers a unique blend of physical equipment and software capabilities, providing athletes with a comprehensive training experience that cannot be replicated solely through virtual simulations or software-based solutions.” – Thomas Fields, Founder of GRIND
The Impact of Shark Tank on GRIND
Appearing on Shark Tank provided GRIND with significant exposure and helped them generate sales. The company sold over $215,000 worth of rebounding machines in the first five months, despite operating during the pandemic. Although the deal with Barbara and Mark did not close, their endorsement and belief in the product provided validation for GRIND’s potential success.
|Key Impact Factors
|Exposure on Shark Tank
|GRIND gained nationwide visibility through its appearance on the popular TV show, reaching a wide audience of potential customers.
|The exposure from Shark Tank led to a surge in sales for GRIND, resulting in over $215,000 in revenue in the first five months after the episode aired.
|Endorsement by Barbara and Mark
|Despite not closing the deal, the endorsement and belief in the product by Barbara Corcoran and Mark Cuban provided credibility to GRIND and boosted customer confidence.
“Shark Tank was a game-changer for us. It allowed us to showcase our product to a massive audience and connect with customers who believe in our vision. Although we didn’t close the deal, the exposure and validation from Barbara and Mark have been invaluable.” – Thomas Fields, Founder of GRIND
GRIND’s appearance on Shark Tank not only resulted in a sales boost but also increased brand awareness and credibility. The exposure gained from the show allowed the company to reach a larger customer base and establish itself as a key player in the sports equipment market.
Other Entrepreneurs on Season 12 Episode 23
Season 12 Episode 23 of Shark Tank showcased a diverse range of entrepreneurs presenting their businesses to the sharks. While this article primarily focuses on the success of GRIND, it’s important to note that updates on other entrepreneurs from that episode are also noteworthy. Let’s take a closer look at some of GRIND’s fellow entrepreneurs:
Creation Nation offers a unique concept in the food industry, allowing individuals to create their own custom protein bar mixes. Their DIY approach empowers customers to select the ingredients and flavors they prefer, catering to various dietary preferences and restrictions. The sharks were impressed by the customizable nature of the product and the potential it had to disrupt the protein bar market.
SneakERASERS, a business dedicated to keeping sneakers clean and fresh, caught the attention of the sharks. Their innovative eraser-like product is designed to remove scuffs and stains from sneakers, rejuvenating their appearance. The Sharks were excited about the potential for SneakERASERS to become a must-have accessory for shoe enthusiasts.
BEERMKR, a company specializing in home brewing, presented their all-in-one brewing system on Shark Tank. The BEERMKR machine simplifies the brewing process and allows beer enthusiasts to create their own craft brews at home. The sharks were intrigued by the idea of personalized brewing and the accessibility it offered to individuals looking to explore the world of craft beer.
While GRIND’s success is the focus of this article, these fellow entrepreneurs showcased their unique products and left a lasting impression on the sharks. Each business brought something different to the table, highlighting the innovation and creativity within the entrepreneurial community.
The Future of GRIND
Thomas Fields and GRIND have a bright future ahead. The company has ambitious plans for expansion and aims to establish itself as a leading brand in the sports equipment industry. Building on their success with the innovative GRIND rebounding machine, GRIND plans to continue expanding their product line and offerings, catering to the needs of basketball enthusiasts worldwide.
GRIND envisions itself as a brand that combines the excellence of Nike in sports equipment and the interactive experience of Peloton. By incorporating cutting-edge technology and user-friendly design, GRIND aims to revolutionize the world of basketball training and create a unique and immersive experience for athletes.
Driven by their commitment to accessibility, GRIND’s future plans include making their products widely available and ensuring they are affordable for players of all levels. With this approach, GRIND seeks to empower athletes and contribute to the growth and development of the basketball community.
Furthermore, GRIND is actively exploring opportunities for expansion into other sports and athletic disciplines. By leveraging their expertise in innovative sports equipment, GRIND aims to expand its product range and cater to the needs of athletes beyond the world of basketball.
As GRIND continues to push boundaries and explore new horizons, their dedication to quality, accessibility, and innovation remains unwavering. With their unwavering commitment to excellence, GRIND is poised to make a significant impact as a brand and transform the way athletes train and perform.
|GRIND as a Brand
|Continuing expansion of product line
|Exploring opportunities in other sports
|Combining Nike and Peloton experience
|Focus on accessibility and affordability
|Establishing presence in new markets
|Revolutionizing basketball training
|Empowering athletes of all levels
|Creating immersive training experiences
|Commitment to quality and innovation
Shark Tank Season 4 Recap
Season 4 of Shark Tank was an exciting and eventful journey for both entrepreneurs and investors. With all five sharks actively involved in making deals, it became the longest season to date, spanning across 26 episodes. Entrepreneurs from various industries took the stage, passionately pitching their businesses with hopes of securing investment and expertise to propel their growth.
Throughout the season, a diverse group of investors showcased their expertise and made strategic partnerships with entrepreneurs. The sharks in Season 4 included well-known names such as Kevin O’Leary, Mark Cuban, Barbara Corcoran, Robert Herjavec, and Daymond John. Their combined wealth and business acumen brought a wide range of experience and perspectives to the negotiating table.
One of the standout episodes in Season 4 featured the eye-catching businesses of Cougars’ Den, Wurkin Stiffs, and The Podillow. These entrepreneurs captivated the sharks and secured deals that would shape the future of their companies.
“Shark Tank has been an incredible platform for entrepreneurs to showcase their innovative ideas and receive valuable support from seasoned investors. We witnessed some of the most compelling pitches and negotiations in Season 4, setting the stage for success stories and lessons learned.” – Mark Cuban
One of the most memorable moments from the season was the innovative pitch by Cousins Maine Lobster, a food truck business founded by cousins Sabin Lomac and Jim Tselikis. Their delicious lobster rolls and passionate presentation earned them a deal with Barbara Corcoran, who saw great potential in their concept.
It’s important to note that the deals made on Shark Tank undergo a due diligence process after the show. This ensures that both parties can thoroughly evaluate the investment opportunity before finalizing the agreement. This meticulous approach helps to protect the interests of both the entrepreneurs and the investors.
Season 4 of Shark Tank showcased the creativity, determination, and resilience of entrepreneurs as they navigated the challenging world of business and sought the support of seasoned investors. The season’s diverse range of pitches and insightful negotiations provided viewers with valuable insights into the world of entrepreneurship.
Season 4 Highlights:
- Longest season in Shark Tank history, spanning 26 episodes
- All five sharks actively involved in making deals
- Notable entrepreneurs and businesses showcased, including Cousins Maine Lobster
- Deals made on the show undergo due diligence
Avoiding Shark Tank Scams
As the popularity of Shark Tank has grown, so have the number of scams associated with the show. Two common scams to be aware of are the Shark Tank Keto Scam and the Shark Tank skincare scam. It is crucial for viewers and consumers to exercise caution and skepticism when encountering these fraudulent schemes.
The Shark Tank Keto Scam often involves the promotion of weight loss products or supplements that claim to have been featured on the show. These scams typically offer “risk-free trials” or promise unrealistic results. However, many consumers have reported being charged exorbitant amounts or experiencing negative health effects after using these products.
The Shark Tank skincare scam preys on individuals seeking rejuvenated, flawless skin. Scammers use the show’s reputation to promote skincare products that promise miraculous anti-aging effects. They often lure consumers with free trials, only to charge them recurring fees or send low-quality, ineffective products. It’s important to remember that the sharks on Shark Tank are not affiliated with these scams.
To protect yourself from Shark Tank scams, it is crucial to conduct thorough research before making any purchases or providing personal information. Look for legitimate customer reviews and consult trusted sources. Remember, if an offer seems too good to be true, it probably is. Stay skeptical and cautious, and avoid “risk-free trial” offers that often lead to unforeseen charges or subpar products. Stay informed, stay safe, and enjoy watching Shark Tank without falling victim to scams.
Q: When did Grinds appear on Shark Tank?
A: Grinds appeared on Shark Tank Season 12.
Q: What deal did Grinds secure on Shark Tank?
A: Grinds secured a deal with Mark Cuban and Barbara Corcoran, receiving 0,000 for 25% equity in the company.
Q: How many pre-ordered units has Grinds sold since Shark Tank?
A: Grinds has sold and shipped over 1 million pre-ordered units since their appearance on Shark Tank.
Q: Where can I buy Grinds coffee pouches?
A: Grinds coffee pouches can be purchased on the Grinds website and on Amazon.
Q: Did Grinds close the deal with Mark Cuban and Barbara Corcoran?
A: No, the deal with Mark Cuban and Barbara Corcoran did not close, but Grinds still experienced significant growth.
Q: Who did not make offers to invest in Grinds on Shark Tank?
A: Lori Greiner and Kevin O’Leary did not make offers to invest in Grinds.
Q: What concerns did Alex Rodriguez raise about Grinds on Shark Tank?
A: Alex Rodriguez raised concerns about the low margins and price point of Grinds’ product.
Q: Has Grinds received positive reviews?
A: Yes, Grinds has received positive reviews from customers who consider it a great investment.
Q: What other merchandise does Grinds offer?
A: Grinds has expanded its product line to include shirts, hoodies, and shorts.
Q: How can I purchase a GRIND rebounding machine?
A: GRIND rebounding machines can be purchased on the GRIND website and on Amazon.
Q: What future plans does Thomas Fields have for GRIND?
A: Thomas Fields envisions GRIND as a combination of Nike and Peloton, revolutionizing the world of basketball through interactive sports equipment.
Q: How has Shark Tank impacted GRIND?
A: Appearing on Shark Tank provided GRIND with significant exposure, boosting sales and validating the potential for success.
Q: What other entrepreneurs appeared on Season 12 Episode 23 of Shark Tank?
A: Other entrepreneurs on Season 12 Episode 23 include Creation Nation, SneakERASERS, and BEERMKR.
Q: What is the future of GRIND?
A: GRIND plans to continue expanding its product line and offerings, aiming to become a combination of Nike and Peloton in the sports equipment industry.
Q: What happened in Season 4 of Shark Tank?
A: Season 4 of Shark Tank featured 26 episodes with all five sharks teaming up to make deals. The season showcased entrepreneurs pitching their businesses and deals undergo due diligence after the show.
Q: What scams should I be aware of related to Shark Tank?
A: Scams such as the Shark Tank Keto Scam and the Shark Tank skincare scam exist. It is important to be cautious of “risk-free trial” offers and conduct thorough research to avoid falling victim to scams.