STP 010: Dallas Robinson; Co-Founder of KissTixx




Shark Tank Podcast show

Summary: Where was KissTixx when I was growing up?? "Lets get Physical, Physical!" Dallas was just a regular guy in high school looking for a better balm to protect his lips and his reputation with the ladies after playing hard in the sun.  Fast Forward a couple of years and their product is on Shark Tank in front of 5 million+ people while they lock up a deal with Mark Cuban.  Good times! It wasn't all fun and games and they still see challenges everyday, although these problems have a lot more to do with growing pains than with balance sheets.  I think Jeremy Kartchner summed it up pretty well in a Reuters article: After years of mediocrity in the lady department, KissTixx founders Dallas Robinson and Mike Buonomo decided to make some sweet MySpace profiles—when that didn't pay dividends they transformed their dorm rooms at Utah Valley University into makeshift chemistry labs and created KissTixx, the best thing to happen to kissing since the French got a hold of it. With their newfound all-star level tonsil hockey skills, they are now much more popular with the ladies, and by popular we mean they don’t have to do product testing on their hands anymore. Seriously though, Dallas has some great insights about what it takes to be successful, what its like working with Mark Cuban, and whats its like paying professors to teach you things you know are wrong.  Click here to send this post out as a Tweet>>>>>>>>>>>>>>>>> // Enjoy! Right click here to download MP3 to desktop In this episode you will hear: How a young guy in high school decides he is going to "invent" a better chap stick/lip balm (Hint: Its always about the ladies) The psychology of giving your date the "other vial" If Dallas can learn how to produce, perfect, and market a brand new lip balm from scratch, what is your excuse? Dallas started this company in 2010 and the show aired in March of 2012...can you see your life being radically changed for the better in 2 years time? Which Shark(s) Mike was hoping to hook in the tank  (The answer may surprise you) The MOST MEMORABLE MOMENT in Shark Tank History...(Put the kids to bed and scroll down)  Rated NSFAnyone. How problems scale with growth and new obstacles come out of the woodwork. (Especially when you start to sell internationally Obstacles cont'd.  FDA, regulation, full compliance with the bureau of compliance department etc. Why doing this deal at 40% for 200k is a STEAL for KissTixx. (3 words: Youth, Experience, Opportunity) Why we always pause during the show to discuss potential outcomes...Was Dallas tempted to counter at the end of the show? Why 2013 will be a HUGE year for KissTixx (CVS, Walgreens, and Kmart, with Target & Wal-Mart chumming the water)  That's just the USA. The challenge of staying in school when you are already in the "Entrepreneurial groove" (In his case he is paying someone to teach him how to do something he is already doing at a level the instructor has not = interesting discussion) Dallas' thoughts on having a good business partner and how the friendships and business relationships ARE NOT the same thing. Dallas breaks down what its like having Mark Cuban in the backcourt (Its Epic) Plus a whole lot more... Right click HERE to download the MP3 Advice from Dallas for entrepreneurs who haven't made it over the hump just yet: "We were fortunate to have a big win early in the game...but we had plenty of days where it would have made a lot more sense to quit" "When you are working 3 jobs and stocking shelves at night you can't escape the thought that this might not be worth it." These we talked about during the Podcast: Buy some KISSTIXX and today could be your lucky day (This is an affiliate link, so buy alot!) KiSSTiXX Website My Instagram post of Kisstixx (Great day at my house that one) Tower Paddle Boards Mark Cuban tells Jay Leno about KissTixx Video of guy doing kissing trick in Utah