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The MuscleCar Place

TMCP #369: Tom Burden of GRYPMAT; Inventing A Product, Winning Shark Tank, and Going to the Next Level!

The MuscleCar Place

Robert Kibbe

Automotive, Leisure, Business, Careers

4.8701 Ratings

🗓️ 17 September 2018

⏱️ 59 minutes

🧾️ Download transcript

Summary

Today’s show is with Tom Burden, inventor of the GRYPMAT For those of you that need a clever place to put your tools while working on the car, this is the show you’ve been waiting for. If you’d like an A-Z lesson in taking an idea to market, winning SEMA Launch Pad, winning Shark Tank, and growing a business, this is still the show you’ve been waiting for!

The post TMCP #369: Tom Burden of GRYPMAT; Inventing A Product, Winning Shark Tank, and Going to the Next Level! first appeared on The Muscle Car Place.

Transcript

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0:00.0

The Muscle Car Place Online Podcast, episode number 369. This week, our guest is Mr. Tom Burton,

0:06.4

the inventor of the grip mat. The grip mat is a silicone non-skid tool tray, and it was something

0:13.0

he developed as an initial product because he just needed it. He needed a place to set his tools on

0:18.0

while he was working on these big, fast, kind of roundy

0:21.0

airplanes that were fighter jets.

0:24.2

Yeah, he was an F-16 mechanic.

0:26.4

He just needed a place to put his stuff that wouldn't slip off the side of the airplane.

0:30.8

So he developed a specially blended silicone product to do just that.

0:34.4

And he's gone from selling these things himself at trade shows to catalog

0:37.6

distribution, to winning the Seema Launchpad competition, to winning on the Shark Tank TV show.

0:42.4

If you have ever wanted to get into developing and selling your own product, listen in closely.

0:47.6

Tom will lay it all out, including what he thought of his very first distribution deal.

0:51.5

I remember learning that they basically take 30% margin so they can resell it, which is

0:58.1

very low and also not outrageous at all.

1:01.4

But at the time I was like, are you kidding me?

1:03.3

They want that much money?

1:04.5

I just thought that was a lot.

1:08.0

This is the Muscle Car Place weekly online podcast. Brought to you by National Parks Depot. This is a Muscle Car Place, weekly online podcast.

1:11.6

Brought to you by National Parks Depot.

1:14.6

This is the weekly show dedicated to people worldwide who love American muscle cars.

1:20.6

Whether you're buying them, selling, restoring, or even racing them, this is the place for you.

1:26.6

Now here's your host, Rob Kibby.

...

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