Erin Whalen and Tim Stansbury made an entry into Shark Tank during Episode 113 of the hit television show. Both Stansbury and Whalen came across each other on a 100-mile bike ride. During the course of the ride, Whalen had a flat tire, and had to sit down and tend to it.
Once Whalen bent down to fix her tire, she eventually had grease from the moving parts rub against her palm. The grease refused to let go, even after Whalen tried her best to rub it off. Every step, including wiping her hands on her denim shorts and on grass, didn’t work for her.
During the course of the ride, both Whalen and Stansbury talked about ways they could come up with a product that makes it easy for people to wipe away grease from their hands. The 100-mile bike ride hence became a brainstorming session and also one for both the entrepreneurs to come up with the idea behind Grease Monkey Wipes.
After the ride was over, both Stansbury and Whalen decided on different tricks and techniques to come up with the ideal product for their business. After trying different combinations, they came up with an all-natural way to use grease wipes. The market was inundated with different industrial wipes with toxic chemicals, but Grease Monkey brings with it a new formula made of all-natural additives.
The wet wipes have been tried and tested by people in the market today and are known to be effective for wiping grease. The almost-instant impact was even tested by the entrepreneurs during the Shark Tank show.
Stansbury and Whalen came to Shark Tank looking for a $40,000 investment for 40 percent in their business. This was in 2010, during the initial episodes of Shark Tank. The entrepreneurs provided a live demonstration of their wipes and how they trumped other products to provide an efficient and effective method of clearing away grease stains from the body and hands.
The entrepreneurs reveal that they haven’t had a patent yet, because they are worried of other brands imitating their product and its ingredients. The company has had a 75 percent success rate while pitching to retail outlets and almost 40 percent of them have also re-ordered the product.
The Sharks like the logo of the product and also believe that it is fairly priced. Daymond Jones is the first to comment on the product, and although he likes the presentation and branding of the product, he believes it is not the right business for me. He is the first one to go out.
Barbara Corcoran questions Stansbury’s educational background and isn’t impressed. O’Leary believes that the business and the idea lack proprietary content, which is why he is out.
Kevin is the next to step into the line of judges bowing out and believes that there isn’t a sufficient unique appeal to this product. He only invests in unique products.
Robert Herjavec is indecisive and asks a few questions from the entrepreneur. Finally, he accepts the offer put by Whalen and Stansbury and offers $40,000 for 40 percent in equity. Barbara likes Robert’s offer and asks to pair up with him for $20,000 each for 20 percent equity each. Both agree and shake hands with Stansbury and Whalen to cement the deal.
Our Review of Grease Monkey Wipes
Grease can be a tough customer to deal with, especially if you are looking for ways to remove it. Grease Monkey Wipes can provide a decent way to wipe off the grease stains on your hands and body.
The idea for the product came after Whalen had grease on her palms while fixing a flat tired on a 100-mile bicycle ride. During the course of the ride, both Whalen and Stansbury talked about ways they could come up with a product that makes it easy for people to wipe away grease from their hands. The 100-mile bike ride hence became a brainstorming session and also one for both the entrepreneurs to come up with the idea behind Grease Monkey Wipes.
After the ride was over, both Stansbury and Whalen decided on different tricks and techniques to come up with the ideal product for their business. After trying different combinations, they came up with an all-natural way to use grease wipes. The market was inundated with different industrial wipes with toxic chemicals, but Grease Monkey brings with it a new formula made of all-natural additives.
The wet wipes have been tried and tested by people in the market today and are known to be effective for wiping grease. The almost-instant impact was even tested by the entrepreneurs during the Shark Tank show.
Pros of Grease Monkey Wipes
- Make it easy to wipe off grease
- Good for one-time use
- Natural ingredients
- Easy to buy
Cons of Grease Monkey Wipes
- Too expensive to use as an alternative to normal wipes
Who Is Grease Monkey Wipes for?
Grease Monkey Wipes are perfect for all people working manually, exposed to grease, chefs or those who take care of their hygiene. The wipes are very easy to carry, and make cleaning away stains of kitchen, mechanical and engine grease easy.
Are There Any Alternatives?
There are currently no alternatives to the benefit provided by Grease Monkey Wipes. The product is the only one of its kind offering natural cleaners. Most other alternatives come with chemicals inside them to remove grease, which can be a bit harsh on your fingers. Grease Monkey Wipes are fully natural and provide a cleaning remedy to look after your hands and body.
Our Final Thoughts
In conclusion, it is best to mention the success of Grease Monkey Wipes after its Shark Tank appearance. The wipes are now available across 500 stores nationally and have broken record sales on Amazon. The company has sold over 200,000 wipes and has made quite a fortune through sales.
