Mike Grillo, Co-Founder and CEO of Gravity Products (Time Magazine's 50 Best Inventions of 2018), talks about weighted blankets, Kickstarter, and how to grow a brand.
Beginning with the launch of the wildly successful Gravity Blanket in 2017, Gravity Products CEO & Co-Founder Mike Grillo has grown an innovative product into a $35 million company. Mike continues to oversee brand strategy, product development and corporate operations as he endeavors to build Gravity Products into a global sleep and relaxation brand.
Prior to his work with Gravity Products, Mike built a successful career in marketing, PR and supply chain management, working with global brands like PepsiCo, Pfizer and Mondelez. Mike was an early employee of VaynerMedia, where he managed marquee accounts like Hasbro before serving as Vice President at RFI Studios (a division of Ruder Finn), leading the agency’s digital and social capabilities. Mike has a deep passion for wellness and hopes that Gravity can play a meaningful role in advancing the national dialogue around mental health.
Since launching Gravity Products in 2017, Mike has overseen the expansion of the Gravity product line and endeavors to build Gravity into a global sleep and relaxation brand. The Gravity Blanket was named one of Time’s Best Inventions of 2018, and Gravity Products has become one of Entrepreneur Magazine’s 100 Brilliant Companies.
In this episode, you'll learn:
- Why digital media companies are successfully launching products
- How to quickly test and validate product concepts, bring them to market, and scale.
- Whether Mike thinks it's better to sell direct to consumers online or to sell through brick and mortar retailers.
Show notes: http://www.inspiredmoney.fm/108
Mentioned in this episode:
Runnymede Tip of the Week:
- Tips for validating a new product idea
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