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Most Successful Shark Tank Products

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Most Successful Shark Tank Products,Startup Stories,Most Successful Businesses,Shark Tank Products,Shark Tank Products 2019,Shark Tank Success Stories,Shark Tank Food Products,Shark Tank Scrub Daddy,Shark Tank Products History,Best Shark Tank Products


Since its debut in 2009, the reality show Shark Tank has seen a lot of innovative startup ideas turn into successful businesses.  The reality show is based on a concept where aspiring entrepreneurs present their business ideas to a panel of investors and convince them to invest in their startups.  Of these numerous business ideas, there are certain products which became massively successful over time. Here are 6 such products which had their beginning from Shark Tank.

 

Most successful Shark Tank products

 

1) Scrub Daddy

Invented by Aaron Krause, Scrub Daddy is a cleaning tools company, best known for its sponge, also called Scrub Daddy.  The sponge is made up of strong “hi-tech polymers” and changes its texture according to the water temperature. Founded in 2012, it is the most successful Shark Tank product yet.   On Shark Tank, Krause made a deal with one of the panelists Lori Greiner for $ 200,000 in return for 20 % equity stake in Greiner’s name in the Company.  The following day, they went on to sell almost 42,000 sponges in just under 7 minutes. The company Scrub Daddy has been growing ever since and is now valued at $ 170 million.

 

2) Simple Sugars

Simple Sugars is an all natural skincare brand, founded by Lani Lazzari when she was only 10 years old.  Lazzari appeared on season 4 of Shark Tank in 2013 and successfully pitched her company to investor Mark Cuban, who made an offer of $ 100,000 for a 33 % stake in the Company.  The Company’s sales went up to $ 220,000, just 24 hours after its launch and reached $ 1 million just after six weeks.  Now, the Company has grown to become a $ 10 million business.

 

3) Tipsy Elves

Co founders Evan Mendelsohn and Nick Morton successfully pitched their company Tipsy Elves during a season 4 episode of Shark Tank to investor Robert Herjavec.  Herjavec offered the duo $ 100,000 for a 10 % stake in the Company.  The Company’s sales skyrocketed to $ 12 million in 2014. Since then, the Company sold over $ 70 million worth of its products.  Herjavec once stated Tipsy Elves was the best performing investment out of all his Shark Tank investments.

 

4) Bombas

Bombas is a sock manufacturing company founded by Randy Goldberg and David Heath and follows a one for one business model, where the Company donates one pair of socks to homeless people for every pair sold.  Goldberg and Heath appeared on Shark Tank in 2014 and received funding of $ 200,000 from investor Daymond John for a 17.5 % stake in the Company.  Bombas made $ 50 million in sales in 2017 and donated almost 7 million socks to homeless people.

 

5) ReadeREST

Founded by Rick Hopper, ReadeREST sells magnetic eyeglass holders, patented by Hopper.  Hopper appeared on season 3 of Shark Tank and pitched his company successfully to investor Lori Greiner for $ 150,000 for a 65 % equity in Greiner’s name.  Made as a replacement for glass straps, ReadeREST has made over $ 27 million in sales and grabbed shelf spaces with retailers like Walmart.

 

The journey of these products and their founder to success is quite inspirational and interesting as they turned a small idea into a success story.

 

The success story of which of these products impressed you the most?  Comment below and let us know.

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Entrepreneur Stories

Travis Kalanick Unknown Facts

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Travis Kalanick Unknown Facts,Inspiring Facts about Travis Kalanick, Interesting Facts 2019, Most Interesting Facts, uber founder Facts,Real history of Travis Kalanick, Travis Kalanick Amazing Facts, Travis Kalanick Facts, Travis Kalanick Facts 2019,Travis Kalanick Interesting Facts,Travis Kalanick Latest News, Travis Kalanick Success Story,startup stories, Surprising Facts About Travis Kalanick

Travis Kalanick, the co founder of Uber, is famous for turning the startup into a billion dollar company.  Let us take a look at some unknown facts about Travis Kalanick.

Unknown facts about Travis Kalanick

1) Travis Kalanick was introduced to the entrepreneurial world from an early age, when he started selling knives door-to-door for a cutlery company called Cutco during his childhood.

2) Although he is widely known for starting companies like Uber, Scour and Red Swoosh, Kalanick started his first business at the age of 18.  Along with a friend, Kalanick started a SAT prep business called New Way Academy. 

3) Travis Kalanick was a very smart child.  He became interested in computers at an early age and learned how to code by the time he was in middle school.  Moreover, Kalanick scored 1580 out of 1600 in his SAT.

4) In 2001, Kalanick started a company called Red Swoosh.  In order to save money, Kalanick started living with his parents and eventually moved to Trivandrum, India and then to Thailand.

5) Travis Kalanick is a passionate Wii Sports Tennis player and plays the video game during his spare time.  According to investor Chris Sacca, Kalanick was ranked the second best player in Wii Sports Tennis in the world.

6) Travis Kalanick is known for his aggressive behaviour and once sent Instagram a cease and desist letter by posting it on the photo sharing social media platform, along with the caption, “Charming greeting card from a taxi cartel representative.” 

7) Despite his billionaire status, Travis Kalanick is famous for being a frugal person.  He is known to intentionally forget his wallet during team lunch and staying in cheap hotels while on vacation. 

8) Travis Kalanick’s house, which he purchased after selling Red Swoosh, is famously known as the Jam Pad.  This is because Kalanick’s house became the go to place for young entrepreneurs to hang out and discuss ideas.  Kalanick’s house also has its own Twitter account.

 

With a net worth of $ 5.28 billion, Travis Kalanick is one of the richest entrepreneurs in America.  Which of these unknown facts about Travis Kalanick surprised you the most? Comment below and let us know.

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Estée Lauder Life Lessons

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Estée Lauder Life Lessons,Startup Stories,Inspirational Life Lessons 2019,Estée Lauder Founder Life Lessons, Estée Lauder Story, Estée Lauder Inspirational Life Lessons, Estée Lauder Latest News, Estée Lauder Success Lessons,Estée Lauder Success Story

Estée Lauder was the founder of Estée Lauder Companies Inc., famous for its prestigious skincare, makeup and fragrance products.  Estée Lauder started her company with the belief there are no unattractive women, only women who don’t care. Lauder, through her products and belief, changed the face of the beauty industry.  Check out some incredible life lessons to learn from this beauty mogul to motivate you.

Life lessons to learn from Estée Lauder  

1) Age is just a number

Estée Lauder was a teenager when she started her own business of selling beauty creams made by her uncle, Dr. John Schotz.  She sold the creams to her classmates and eventually, at beauty salons.  Lauder used business tricks and started handing out free products in an effort to increase sales.  The important lesson to learn here is no matter what your age is, you can become successful with your ideas, determination and hard work.

2) Believe in yourself and your ideas

Estée Lauder truly believed the world would be a better place if everyone bought her products.  According to her, “A person has to love her harvest if she’s to expect others to love it.”  Lauder believed in herself and the ideas she had for her Company.  Although it was quite uncommon for women to start their business in the 1940s, Lauder stood her ground in the corporate world and focused on achieving her goals.  In the entrepreneurial world, it is very important to believe in oneself and one’s ideas, in order to achieve any kind of success.

3) Working hard is the key to success

Estée Lauder was not born to a rich family.  In fact, she started her business from her kitchen and with hard work, built her billion dollar company.  Lauder famously said she did not become successful by wishing and hoping, but by working hard. If you have some great ideas, work hard towards making them a reality, instead of waiting for a golden opportunity.

4) Rejection is a great motivator

After her product was rejected by the manager of Europe’s largest department store, Lauder spilled a bottle of her perfume on the floor in order to attract people to her product.  She was eventually offered a contract by the manager of the store, after people started showing interest in her product. Estée Lauder, instead of accepting defeat when faced with rejection, quickly found a way to achieve what she wanted.  In the process, she taught us to take rejection in a positive way. 

5) The power of creativity

Estée Lauder was a creative person and her creative marketing tactics were the reason her Company became so successful.  When her Company was small and did not have any money to hire an ad agency, Estée came up with the idea of giving away free samples with each purchase.  This technique proved to be a success and brought in thousands of new customers. She revolutionized the entire beauty industry with this technique, which has been adopted by many companies ever since.

 

Estée Lauder spent all her life working on her dream and in the process, became a role model to many.  If you think we missed out on any other life lessons by Estée Lauder, comment below and let us know.

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Thomas Alva Edison Most inspiring Quotes

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Thomas Alva Edison Most inspiring Quotes,10 Inspiring Quotes by Thomas Alva Edison,Top 10 Thomas Alva Edison Quotes,startup stories,Most Inspirational Quotes 2019,Thomas Alva Edison Latest News,Thomas Alva Edison Motivational Quotes,Thomas Alva Edison Quotes,Thomas Alva Edison Success Quotes

Often regarded as America’s greatest inventor, Thomas Alva Edison is an inspiration to many.  From the invention of the lightbulb, to developing the world’s first motion picture camera, Edison’s inventions had a strong impact on the modern industrialized world.  Here are the 10 most inspiring quotes by Thomas Alva Edison.

Most inspiring quotes by Thomas Alva Edison

1) About being a genius

 

2) About failure

 

3) About hard work

 

4) About giving up

 

5) About time

6) About invention

7) About opportunity

8) About executing ideas

9) About capability

10) About discontentment

 

Thomas Alva Edison was an inventor turned entrepreneur, with 512 patents under his name.  He was the first scientist to employ a group of researchers and to establish an industrial laboratory.  Edison’s work and success is the reason many people see him as an inspirational figure.

 

Comment below and let us know which of these quotes by Thomas Alva Edison inspired you the most.

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