Lego bricks have been a staple in fostering creativity and imagination among children for decades. However, these tiny blocks often fall apart, creating a challenge for kids working on large or intricate creations. Recognizing this problem, 12-year-old Tripp Phillips devised an innovative solution: Le-Glue, a water-soluble adhesive that strengthens Lego structures without permanent bonding. This invention not only caught the attention of Lego enthusiasts but also secured a deal on Shark Tank, catapulting the Phillips family into entrepreneurial success. As of 2024, Le-Glue boasts a valuation of $1.6 million.
Meet the Founder: Tripp Phillips
Tripp Phillips hails from Dalton, Georgia, where he lives with his supportive family, including his father Lee, mother Kim, and sister Allie. The spark for Tripp’s entrepreneurial journey ignited in the third grade during a school assignment that required him to either write a paper or create something. Encouraged by his dad, Tripp chose to invent a solution to a real-life problem.
While playing with his Lego airplane at home, Tripp noticed that the wings kept falling off. This inspired him to create a temporary adhesive specifically for Lego bricks. His father, Lee Phillips, a lab director, recognized the brilliance of the idea and decided to help bring it to life. Together, they embarked on a journey that would soon make Tripp one of the youngest patent holders in America.
The Birth of Le-Glue
With Lee’s scientific expertise and the help of a friend from 3M, the father-and-son duo developed a unique adhesive formula that was strong yet temporary. Le-Glue could be dissolved with water, allowing kids to rearrange their Lego masterpieces without damaging the bricks. By 2015, Le-Glue became a reality, and 10-year-old Tripp officially secured a patent for his invention. This achievement also earned him first place in the International Torrance Legacy creativity contest.
To kickstart the business, Lee Phillips invested $1,000, and they raised an additional $3,300 through a Kickstarter campaign. Over the next three years, the company generated $125,000 in sales, with the majority coming through its website. Tripp’s innovative solution quickly gained recognition among Lego enthusiasts and parents worldwide.
Shark Tank Journey
A long-time fan of Shark Tank, Tripp aspired to pitch his idea on the show. In 2018, at the age of 12, he appeared on Season 10 alongside his father. The duo sought $80,000 in exchange for 15% equity in their company. Tripp’s sister, Allie, joined the presentation to demonstrate how Le-Glue worked. The Sharks were impressed by Tripp’s entrepreneurial spirit and the product’s profit margins.
Kevin O’Leary, also known as Mr. Wonderful, made an offer contingent on securing a licensing deal. He proposed $80,000 for 50% of the licensing revenue until he recouped his investment, after which his equity would drop to 20%. Daymond John made a simpler offer without any clauses, but the Phillips family ultimately chose Kevin’s deal, believing it aligned best with their long-term goals.
Post-Shark Tank Success
After their Shark Tank appearance, Tripp and Lee began working with Kevin O’Leary to secure licensing deals. By 2019, Le-Glue had generated over $500,000 in revenue. Tripp later revealed in an interview with StarterStory.com that the company’s monthly revenue averaged around $18,000. The product expanded its distribution network to the UK, South Africa, and China, solidifying its presence in international markets.
Le-Glue is now available on major platforms such as Amazon, Walmart, and Learning Express, as well as independent toy stores. On Amazon, the product has garnered over 2,000 reviews, averaging a rating of 3.9 stars. In 2020, the company pivoted temporarily to manufacture hand sanitizers to support local communities during the COVID-19 pandemic.
Current Status and Future Plans
As of 2024, Le-Glue is valued at an estimated $1.6 million. Tripp, now 15 years old, is focusing more on his education while continuing to support the business. The Phillips family plans to expand into new regions, including Australia and Canada, to reach even more customers. Tripp’s journey from a classroom assignment to a thriving business serves as an inspiring example of youthful ingenuity and family teamwork.
Le-Glue’s success story underscores the importance of identifying everyday problems and creating practical solutions. With its continued growth and expansion, this temporary adhesive is set to leave a lasting impact on creative play worldwide.