Shark Tank Episode 420Week 19 - 3-1-2013
This weeks episode of the Shark Tank Show has a little something for everyone from an already established acupressure wrist band to a home tattoo removal devise that is sure to be an instant hit. One of these companies have the potential to be one of the largest offers ever offered on the Shark Tank Show and should make for a very interesting round of negotiations. Did we mention that yet another Peanut Butter inspired business will make it's way on the Shark Tank that has added benefits that set it apart from most competition. In fact competition is what these nuts are all about. And we certainly can't forget about the stiletto high heel shoes that transforms to a wedge using (I think) a patented magnetic method which could have a huge licensing deal in the making.
3-1-2013 , Jeska Shoes , Neo Mag Light , Nuts n More Peanut Butter , PSI Bands , season 4 , Shark Tank 420 , surfset fitness
by John J 2/28/2013 08:55:00 AM
Kick Starter Record , Kickstarter History , Pebble Watch , Shark Tank Show , Smart Watch , Ten Million Dollars
by John J 2/28/2013 06:29:00 AM
Pebble Watch on Kick Starter
Smart Watch - Most Successful Kickstarter Campaign in History
|Pebble Watch makes Kickstarter History|
Over $10 million in 30 days!
Pebble Smart Watch for iPhone and Android is a blue tooth enabled smart watch that communicates with IPhone and Android smart phones. Furthermore you can customize your watch using apps for an unlimited number of download able watch faces. When you connect your smart phone with the smart watch it will alert you to incoming calls, emails and important messages. You can even scan and play your music list from the convenience of your watch. This is not the Dick Tracey watch to compete with the smart phones but more of an accessory that will have you using your IPhone and Android devises in ways you never imagined.
This smart pebble watch has just set an amazing Kickstarter record that may not be broken any time in the near future. What started out as an already ambitious goal of raising $100,000.00 to kick start the Pebble Watch in a little over a Month, turns out to be less then 1% of the over-all total. The Pebble Watch raised over $10,000,000.00 (Ten Million Dollars) from over 68,000 customers by the time the campaign ended. WOW can you imagine watching that ticker blow right on by your original goal.
3/1/2013 , almond butter , Dennis Iannotti , episode 420 , Health Food Stores , Nuts n more , Pawtuckett , peanut butter spread , Peter Ferreira , RI , shark tank season 4
by John J 2/25/2013 05:07:00 AM
Nuts n More Nut Butter on Shark Tank
Nutritious Almond and Peanut Butter - Season 4 - Episode 420 - 3-1-2013
The Nut Butter Business must be a growing market as we have yet another peanut butter inspired business coming to the Shark Tank. The Nut's n More business model was started by Peter Ferreira and Dennis Iannotti from Pawtuckett, RI with already several varieties to choose from including the peanut butter, almond butter, Nuts N More - Chocolate Almond Butter , chocolate peanut and cinnamon raisin almond butter. Both Peter and Dennis are fitness and nutrition experts that have designed the ultimate high protein energy booster that also happens to taste very good.
What makes the Nut's n More Brand different
3-1-2013 , Deal with daymond John , episode 420 , Interchangable Heel's , Jeska Shoes , Jessica Haynes , Kaci Mathews , shark tank season 4 , Southern Arkansas University
by John J 2/24/2013 08:33:00 AM
Jeska Shoes on the Shark Tank
Interchangeable Magnetic Stiletto Heel's Changed To A Wedge - Season 4 - Episode 420
|Jessica Haynes of Jeska Shoes on the Shark tank|
This seems like a good idea (if I wore high heels anyway) and it's easy to see a market for this creative solution that would expand your collection of choices of shoes to wear.
ABC Shark Tank Show , Acupuncture Wrist Bands , Carla Falcon , neiguan pressure point , PSI Bands , Romy Taormina , Season 4 Episode 420
by John J 2/24/2013 06:39:00 AM
PSI Bands on Shark Tank
Acupressure Wrist Bands - Season 4 Episode 420 - 3-1-2013When Taormina had severe morning sickness during her pregnancy, she designed a more fashionably attractive alternative. Psi Bands are arguably the most attractive acupressure bands on the market and many retailers have already taken notice and already sell this brand. A partial list of just some of the stores already carrying Psi Bands include Toys-R-Us, Babies-R-Us, Rite Aid, Wholefoods, CVS, Walgreens.com and Target.com.
The ancient art of acupressure is coming to the Shark Tank Psi Bands wrist band. Romy Taormina the inventor of Psi Bands (pronounced sigh) is sure getting a lot of attention in the acupressure world. These Bands are designed to put pressure on what’s called your Neiguan pressure point and provide relief from nausea. You should wear a Psi Band on both wrists for the full effect, and yes they actually do work.
Psi Bands were first developed as a way to alleviate morning sickness when pregnant. Putting a controlled amount of pressure on the neiguan pressure point has been well documented in helping with this and many other nausea related symptoms including all types of motion sickness. The reviews of the acupressure bands have been so impressive, they're also used during chemotherapy with patients experiencing less nausea as a result.
With an already clearly established product available in some of the most recognizable stores in the country, this should be a very interesting round of negotiations for the Sharks. Maybe a QVC play to help further the Brands awareness? No, they've already been on QVC as early as 2008. In fact the more I dig, the more I wonder what could the Sharks even offer this business? Maybe provide additional working capital to keep up with demand? Could be, but it seems this company's already way past that point, so there must be another reason to even consider coming to the Shark Tank and give-up part equity. Deal or No Deal, they're still obligated to give the producers of the Shark Tank a percentage of the acupressure business.
There's more to this story then meets the eye, and unfortunately, we all have to wait until this Friday Night on ABC to see how this all plays out.
PSI Bands after the Shark Tank Update:
Romy came into the Shark Tank looking for a $250k investment for a 10% stake in the acupressure business valuating it at $2.5 million. Robert Herjevic is the first to ask about sales for the last year when Taormina responds "almost a million dollars". They are already in over 6000 retail stores across the country with a gross profit margin of only 11% (a hundred grand). She also has $600k in debt that includes past deferred salaries from years ago which instantly turns all the Sharks off. Yes she actually had the balls to ask the sharks to cover her past salary with their investment in the company.
They all go out except for Kevin O'Leary who is the only one to make an offer for the $250k, but wants 40% of the company. Taormina instantly says no and refuses to make a counter offer. It appears that she came in the Shark Tank and had no intentions of negotiating as she steadfastly sticks to the 10%. NO DEAL
Both Mark Cuban and Daymond John said they Do Not TRUST HER. Very, VERY Sneaky!
3-1-2013 , 420 , Home tattoo remover , Kevin Mack , magnetic tattoo removal , Neo Innovations , Neo Mag Light , shark tank season 4
by John J 2/24/2013 04:09:00 AM
Neo Mag Light on Shark Tank
Home Tattoo Removal - Season 4, Episode 420 3/1/2013. Most people that have unwanted tattoo's assume they are stuck with these old memories for life and cannot justify spending thousands of dollars to have the tattoo removed. Until recently you really had only three choices. Keep living with that homemade or poorly designed tattoo from days you would rather forget, (or don't quite remember) have a professional tattoo artist incorporate your old tattoo into a new one, or pay big bucks and have it removed over several costly sessions. You now have a fourth option of removing tattoo's at home using a Neo Mag Light, which it's easy to see, will become a very popular new option for thousands of people.
There's no question getting a tattoo removed can be very expensive
|Black Magic Tattoo Remover|
Neo Mag Light
Neo Innovations is the company behind the magnetic light that has been providing an affordable tattoo removal's since 2010. In 2011 they brought in Kevin Mack as marketing director who is now the Vice President. They met with a consulting firm that was made up of plastic surgeons, attorneys and investment advisers to put their business plan together.
Brandon Hawke , Season 4 introduction using legos , Shark Tank Legos , Sydney Hawke , Viral Shark Tank Video
by John J 2/22/2013 09:00:00 AM
Shark Tank Introduction with Lego'sI just ran across this video that two Brothers Brandon and Sydney Hawke, ages 9 and 11, made about the Shark Tank introduction for Season 4. If this is already their favorite show then I can only imagine what these aspiring entrepreneurs will accomplish in the near future. Super cool video made by some young Shark Tank Fans that I'm sure they put a lot of thought into making.
Check it Out and help Us Get This Shark Tank Video to go Viral!
It looks like they just put it on the Internet yesterday and it's already up to 250 views. Not bad for the first day but something tells me that the Shark Tank Effect is going to make this video and the Hawke's Brother's
Very Famous in the near future.
Great Job Guys!
In response to a comment made earlier. The video gets credit for a view whether it's watched here or any other site that is using their YouTube link. You can watch it on You Tube Here if you'd prefer that instead.
BTY - this is being edited 2 days later and they are already past 3200 views and counting.
In response to a comment made earlier. The video gets credit for a view whether it's watched here or any other site that is using their YouTube link. You can watch it on You Tube Here if you'd prefer that instead.
BTY - this is being edited 2 days later and they are already past 3200 views and counting.
2/22/2013 , Addison's Wonderland , episode 417 , Hip Chixs Jeans , Liquid Money , Muddy Water Camo , Proof Eye Wear , shark tank season 4 , Shark Tank Update
by John J 2/18/2013 07:32:00 AM
Shark Tank Season 4, Episode 417
Friday Night - February 22, 2013
Coming up this Friday Night on ABC
Proof Eye Wear is very unique sunglasses made out of sustainable wood by three brother's Dame, Tanner and Taylor Brooks. With two successful Kickstarter campaigns under their belt, can they now snag a deal with the sharks and bring their invention to the masses?
Muddy Water Camo is about ready to change the way we see things in the outdoors.
2/22/2013 , Addison's Wonderland , Brittany Hayes , Brooke Bryant , Ga. , Girls Bedding , Logan , shark tank season 4
by John J 2/18/2013 06:56:00 AM
Addison's Wonderland on Shark Tank Show
Girl Themed Bedroom Sets - Season 4 - 2/22/2013
|Brooks Bryant and Brittany Hayes|
Inventors of Addison's Wonderland
The Addison's Wonderland is clearly for girls that want to turn their bedrooms into their own Wonderland.
Brooke Bryant and Brittany Hayes from Loganville, Ga. are the owner's of this specialized business
Aimee Miller , Dallas Texas , Denim Jeans on Shark Tank , Hip Chicks , Hip Chixs Jeans , Megan Carreker , season 4
by John J 2/18/2013 06:10:00 AM
Hip Chix Denim Jeans on Shark Tank
Quality Women's Blue Jeans - Season 4
|Aimee Miller and Megan Carrecker|
Inventors of the Hip Chixs Blue Jeans
O.K. Lady's, I need your help on this one. How much would you spend on a high-quality pair of Blue Jeans made in the USA? Now before you answer, you need to know that these are the most comfortable, softest pair of Jeans you have ever worn and designed to have your best assets really stand out. The two Hip Chicks from Dallas, Texas and inventors of the Hip Chixs Jeans, are coming to the Shark Tank to test how much you're willing to pay for the best pair of jeans imaginable.
Aimee Miller and Megan Carrecker are both Texas Natives and former Baylor University graduates that have always been passionate about designing a better pair of blue jeans and starting a Brand with a western flair. After four years and dozens of pro-to-types later, the Hip Chixs Jeans was born in June 2011 with raving revues all around Dallas. The new business started in the middle of a heat wave which would seem like a disadvantage trying to start a new line of blue jeans. But in fact it turned into a clever marketing strategy picked-up by several news outlets.
2/15/2013 , Brooks Dame , I Want Proof , kickstarter , Proof Eye Wear , shark tank season 4 , Tanner Dame , Taylor Dame , wooden sunglasses , wooden wallet
by John J 2/17/2013 10:28:00 AM
Wood Sunglasses on Shark Tank
Proof Eye Wear - Season 4 Episode 417 - 2/15/2013
|Wooden Sunglasses on the|
Shark Tank Show
So what is three Brother's going to do growing up in the Family Saw Mill Business? Make some really cool wooden sunglasses that really stand out from any other frames on the Market. Taylor, Tanner and Brooks Dame from Eagle, Idaho started the Proof Eyewear business in their garage and have continued to expand this impressive Brand ever since. After two successful Kick Starter campaigns from two unrelated, but still made out of wood, product's, the Dame Brother's are coming to the Shark Tank.
Some of you may already have seen "I want Proof Sunglasses" on yet another Successful Kickstarter Project coming into the Shark Tank.
Duck Hunting Camo , Muddy Water Camo , photographic camo , shark tank season 4 , Stephen Kirkpatrick , Steve Maloney
by John J 2/17/2013 08:19:00 AM
Muddy Water Camo on the Shark Tank Show
Photographic Camouflage - Season 4 - Episode
|Steve Maloney Inventor of the|
Muddy Water Camo Company
|Muddy Water Camo Gear|
2/15/2013 , 2/22/2013 , Anderson Cooper , Cool Caps , Daymond John on Shark Tank , Dino Russo , Green Paxx , LolaCup , Lori Greiner , Mark Cuban , Shark Tank Show , Sound Bender , The View , Uncle Louie G's
by John J 2/17/2013 06:39:00 AM
Shark Tank Show coming to "The View"
Shark Tank on Day Time and Night time - 2/15/2013
The Shark Tank Show continues to Rank #1 on Friday Night's and now it's coming to the #1 Day Time Show "The View".this Friday. That's Right Shark Tank Fans, we get a double dose of the best REAL reality show on television about a subject that I love, Business. Mark Cuban, Daymond John and Lori Greiner will be guests on the popular Daytime Show and will participate in a Shark Tank-like panel where a few lucky Entrepreneurs will pitch their inventions on The View.
The View is hosting a Reality Show Guest Co-Host Week with Nene Leakes, Brandi Glanville, Abby Lee Miller and our favorite, Mark Cuban from February 18th to the 22nd. On Friday the 22nd, Mark will be joined by his business partners Daymond John and Lori Greiner and dedicating the entire hour to the Shark Tank Show and how much of a success it has become from helping hundreds of Entrepreneurs reach their financial dreams as a direct result. This show gives the little guy with Big Dreams a fighting chance to get the publicity and financial backing to turn some incredible ideas into profitable businesses.
episode 301 , His and Hers Money Perfume , Liquid Money , Money Cologne , Money Fragrance , Pat McCarthy , Shark tank Season 3
by John J 2/16/2013 02:46:00 PM
Liquid Money on the Shark Tank
Liquid Money Fragrance - Season 3 - Episode 301 - Update
|Pat McCarthy demonstrating|
Liquid Money Cologne on the Shark Tank Show
Real Money mainly consists of cotton, silk and linen and these are also the main ingredient's used to reproduce the smell of the Money Cologne.
Bea Arthur , episode 418 , Online Therapy , Online Video Chat , Pretty Padded Room , psychologists , season 4 , Shark Tank Show this Friday Night on ABC
by John J 2/14/2013 09:09:00 AM
Pretty Padded Room on Shark Tank
Online Video Chat Therapy - Season 4, Episode 418, 2/15/2013
|Bea Arthur Owner of|
Pretty Padded Room Online Therapy
Arthur's first venture into the virtual space was a social club for Mom's called "MeToo" that shut down in 2009 less then a year after she desperately tried to make it a success. After unsuccessfully trying to find a therapist to help sort out this loss and get Her pointed back in the right direction, Bea started dreaming of a new business where she could talk to a therapist of her choice, on her terms and in the privacy of her own home via Online Video Chat.
episode 418 , HDYR Sushi , invisarack , Kevin O'Leary , million dollar offer , online chat therapy , shark tank season 4 , Smuffins , The Smart Wheel , week 16
by John J 2/11/2013 08:14:00 AM
DUIT , episode 18 , Inventioneers , Lego League Competition , Mark Cuban , Robert Herjevic , shark tank season 4 , Shark Tank Successful Deals , Stop texting while driving , The Smart Wheel
by John J 2/11/2013 07:39:00 AM
The Smart Wheel on the Shark Tank
DUIT - Driving Under The Influence of Texting - Season 4 - Episode 418 - 2/15/2013
|The 6 Inventioneer's with one of many|
Awards they have won with the
Smart Wheel Technology
What makes this soon to be Success Story so unique is the fact the 6 teens did not stop with just the invention of the Smart Wheel but they have continued to evolve
by John J 2/11/2013 05:16:00 AM
Gotta Have S'more on Shark Tank
S'muffins S'mores Season 4, Episode 418
Inventor of the Smuffin
Carmen Linder is the inventor of the new Smore's and what she famously coined the Smuffin. The Smuffin has all the ingredients to make Smores around the campfire but is conveniently made in a cupcake-like presentation with a gram cracker crust. Of course Linder makes the traditional S'mores that most of us has had, but she takes it a step further and makes a variety of new desert's using this famous recipe. How about a cookies and cream Smuffin? Or maybe you would prefer the chocolate and peanut butter S'more that's a big hit with most everyone that had tried one.
Carmen came up with this unconventional way of making S'more's not as a business but as a snack for Her family.
Asian Franchise , episode 16 , Feb 15 2013 , HDYR Sushi , How Do You Roll Sushi , Kevin O'Leary , MAKI , Million Dollar Deal , Peter Yung , season 4 , Yuen Yung
by John J 2/10/2013 06:01:00 AM
How Do You Roll Sushi on Shark Tank
Build Your Own Sushi Franchise - Season 4 - Episode 416 - Feb. 15, 2013
|HDYR Sushi Owner's|
Brothers Yuan and Peter Yung
Yuen and Peter Yung started the "How Do You Roll Sushi" back in 2008 under the name MAKI when they seen a need for a better alternative to pre-made sushi that was anything but fresh and very limited on the selection. The sushi bars around Austin, Texas were also very expensive and require a Head Sushi Chef. Peter had already successfully achieved this level by the time he was 24 years old working in these same restaurants.
Deezee.com , Donny McCall , episode 7 , Invis-a-rack , invisarack , Made in The USA , Shark tank Season 3 , Shark Tank Update
by John J 2/06/2013 09:37:00 AM
Invis-A-Rack on Shark Tank Show
Invisible Truck Rack Season 3 episode 307 - Update Season 4 - Episode 418
Donny McCall is the inventor of the Invis A Rack from Season 3 that made a very big impact on the Shark Tank for his stance to keep this product "Made In America". Incredibly it was this decision that probably cost him a deal with the Sharks as he did not get the investment he needed for his invention. McCall was looking for $100k in exchange for 10% of the invisarack business. At that time, Donny has sold 150 units and grossed $50k in sales.
Donny was very adamant about keeping the manufacturing and production in the U.S. and specifically in and around Sparta, North Carolina where he calls home. He's a one man business that hopes to bring job's to the community and bring new hope in the depressed market. Getting the Invis-A-Rack manufactured oversees is Not an optionthat he will even consider. This product was invented in the U.S. and it will be built here (period).
|The Invis-A-Rack Gets |
U.S. Manufacture Deal!
Made In The U.S.A.
ABC Shark Tank Show , Debbie Brooks , Debbie Brooks Handbags , episode 14 , Paul D'auraic , season 3 , update
by John J 2/05/2013 11:52:00 AM
Debbie Brooks Hand Bags on the Shark TankCustom Magnetic Hand Bags - Season 3 Episode 314 Update
|Debbie Brooks Collection |
Featured on EXTRA
Debbie Brooks Shark Tank Recap:
Debbie and Paul confidently came into the shark Tank looking for a $540,000.00 investment in the Debbie Brooks Handbag Collection. They were offering 20% of the business which puts a $2.7 million valuation on the company. Debbie already has $1.2 million in gross sales and $685k in net profits.
Hanna Lim , Lolla Cup , Lolla Sippy Cup , Mark Cuban Successful Deals , Mark Lim , Robert Herjevic Successful Deals , Shark tank Season 3 , update
by John J 2/05/2013 09:41:00 AM
Lolla Cup on Shark Tank Show
Non Spill Cup For Kids - Season 3 - Update
The Lolla Cup is a 100% spill proof sippy cup that looks more like a toy. The creative design of the Lollacup makes it easy for children as young as 9 months old to start drinking out of a straw within the spill proof cup. Mark and Hanna Lim went on the Shark Tank Show looking for an investment of $100k in exchange for a 15% ownership of the baby cup business and valuing it at $1.5 million. At the time of their interview on the Shark Tank they had $30,000.00 in sales within the last 3 months and a soft order for an additional $30k for the Holiday Season. The Lollacups retail for $18.00, wholesale for $9.00 and costs $4.50 to make. The Lim's give a flawless presentation and have at least a few Sharks that are very interested.
Kevin O'Leary wants to know how much cheaper it would be to make oversees
Hockey Moms , interchangable tank top straps , Lindsay Johnson , Nicole Bilsky , Pittsburgh , Shark tank Season 3 , Trimi Tank Tops
by John J 2/05/2013 05:04:00 AM
Trimi Tank on the Shark Tank
Interchangeable Tank Top Straps - Season 3 Episode 314 Update
|Lindsay Johnson and Nicole Bilsky Lindsay |
Creator's of the Trimi Tank Tops
Barbara Lampugnale , Duality Cosmetics , episode 14 , Lori Greiner Shark Tank , Nail Pak , Nail Pak Update , rerun , season 3
by John J 2/04/2013 05:22:00 PM
Nail Pak on the Shark Tank
Duality Cosmetics Season 3 Episode 14 Update
|Barbara Lampugnale and Her 6 Daughter's|
Inventor's of The Nail Pak
Nail Pak Shark Tank Recap:
Lori Greiner really likes this product right away, as does Kevin O'Leary, and she starts the negotiations at 51% of the nail polish business for the $50k Barbara was looking for. Lori even sweetens the deal by saying they will sit down tomorrow morning and get the Nail Pak's on QVC
2/8/2013 , beer cooler , Carlos Ortiz , episode 15 , hand held cooler , My Cold Snap , Scott Duff , shark tank season 4
by John J 2/04/2013 11:37:00 AM
My Cold Snap on Shark Tank
Hand Held Cooler Season 4 Episode 415 - 2/8/2013
|My Cold Snap Handheld Cooler|
According to My Cold Snap Face Book Page, it is a mandated Texas Law to enjoy a few beer's while playing a round of golf. In the Texas heat a nice cold beer can get hot rather fast which can drastically effect your game from chugging beers before they get to warm. This is the only known way, until now, that you are guaranteed a nice cold beer coming right out of the cooler. The Cooler! Ah Yes, there lies the solution, a small cooler specifically made to fit a beer can, soda can or any bottle you want to stay ice cold.
AVA the Elephant , AVA the Elephant Thermometer , Barbara Corcoran Most Successful Deals , Indigogo , Shark Tank Success Stories , thermometer sticker , Tiffany Krummins , update
by John J 2/03/2013 07:43:00 AM
Ava The Elephant On Shark Tank
Ava (Emmy) The Elephant - Season 1 Episode 1 - Update Season 4
|Tiffany Krummin's From The Very|
First Shark Tank Show
Ava The Elephant Thermometer Sticker's
With the success of AVA the Elephant, Krummin's has continued to build upon the Brand with other very useful inventions.
2-15-2013 , Coffee Grinds Chewing Tobacco , Episode 413 , Get Grinds , Get Grinds Coffee Pouches , shark tank season 4 , week 15
by John J 2/03/2013 06:17:00 AM
Get Grinds on the Shark Tank Show
Coffee Chewing Tobacco - Season 4, Episode 413, week 15
2/8/2013 , Dry Cleaner Bag , episode 415 , Green Garmento , Jennie Nigrosh , Rick Siegel , shark tank season 4
by John J 2/03/2013 05:23:00 AM
Green Garmento on Shark Tank Show
Reusable Dry Cleaning Bag - Season 4 Episode 415
|Jennie Nigrosh co-Inventor of the Green Garmento|
The Green Garmento is a dry cleaning and laundry bag which also turns into a Duffel bag.
15 , CitiKitty , City Kitty , episode 415 , Hoodie Pillow , Kevin Harrington , Rebecca Rescate , season 2 , shark tank season 4 , update
by John J 2/02/2013 09:50:00 AM
Hoodie Pillow on the Shark Tank Show
Pillow with a Hood - Season 4, Episode 415
|Rebecca Rescate on the Shark Tank Season 2|
When Rebecca first appeared on the Shark Tank Show she was looking for a $100k investment for a 15% stake in the toilet training business. The CitiKitty will teach any cat to use the toilet instead of a kitty litter box.
2/8/2013 , 415 , AVA the Elephant , CitiKitty , episode 15 , Get Grinds , Green Garmento , hand held cooler , shark tank season 4 , This Friday Night's Shark Tank Show
by John J 2/02/2013 06:53:00 AM
Shark Tank Season 4 Episode 415 - 15 - 2/8/2013
This Friday Night's Shark Tank Show is another brand new episode with a new twist that has not been seen before. Two of the 5 contestant's featured have already been on the Shark Tank and will be reviling new products. One is going in front of the Sharks again to potentially get another investment for a new product. The featured update is from the very first Shark Tank Episode that was only an idea at that time.
CitiKitty was first seen on the Shark Tank in season 2 episode 9, where Kevin Harrington made a deal with Rebecca Rescate for $100k and 25% of the kitty toilet training business. Rebecca returns with a Brand new invention that is sure to be a hit with cat lover's around the world.
The Green Garmento is coming in the Shark Tank
by John J 2/01/2013 10:57:00 AM
Sky Ride Technology on Shark Tank Show
Sky Rider Machine - Shark Tank Season 3 Episode 313 - Update
|Scott Olsen Inventor of SkyRide Technology|
Scott came into the Shark Tank as confident as anyone
Air Bedz , episode 313 , Jim Pittman , Pittman Outdoors , season 3 , Shark tank Season 3 , Truck Air Beds
by John J 2/01/2013 08:11:00 AM
Air Beds on Shark Tank Show
Air Bed's made for Pick-up Trucks - Season 3, Episode 313 - Update
TruckBedz make for Pickup Trucks are definitely Top of the Line. Have you ever had an air mattress that had an automatic built in pump? Just turn it on and it inflates all by itself, completely filling the back of your pickup truck and turning it into an instant bed. Jim Pittman, owner of Pittman Outdoors, came into the Shark Tank seeking a $250,000.00 investment in his air bed's made for pickup trucks business in exchange for 15% of the company. He started off by stating that the camping industry is a whopping $56 billion dollar business and the Air Bedz could take a big bite out of that. Sales last year were $110k and sales this year were predicted at $120k. Pittman has sold over 3300 AirBeds in the past 2 years and is sitting on $400k in inventory. He has invested $250k of his own money to bring the AirBedz to market.
Kevin O'Leary is the first Shark to attack the air bedz business. He wants to know if this is the best air bed that you can buy for the back of a pickup truck, then why only $120k in sales? It was then Mark Cubans turn to talk and he really liked the product but was also concerned with the number of Air Bedz being sold. All four male Sharks are obviously not the outdoor type, go out leaving our Lady Shark, Barbara Corcoran the last one still in. She asks about the patent on the Air Bedz with the built in pump and is pleasantly surprised that Pittman actually has secured 4 patent's on his invention. Corcoran realises that this is indeed a very well made product but sees a problem in Jim's sales ability to sell the Air Beds on a large scale.
Barbara Corcoran makes a rather unusual offer to Pittman for the $250k he was seeking but for 50% of the business. Remember Jim is sitting on $400k of inventory giving a very nice cushion right under Barbara's you know what. She sugar coats her offer real good saying she can't believe the Air Bedz are not selling 10,000 units a day and she can make it happen by getting the Air Bedz on QVC. Jim has no interest in that offer but does counter for 25% of the business. Barbara knowing how much time this will take to sell the numbers she is talking about, declines Jim's counter offer and she is the last in the Shark Tank to go out.
AirBedz After The Shark Tank Update
As Barbara Corcoran once said, (I think it was even during this episode with Villy Customs) "I am your sweet spot customer for this product". I have actually slept in the back of a pickup truck several nights, and to my knowledge, may of been one of the first persons that took a tent with bendable poles and redesigned it to fit on over the pickup bed, and yes, with a blow up air mattress on the bottom. We sure got a lot of funny looks back then, but look at this market now.
Niche market? Not if your camping in Bear Country! The first time you have a bear come strolling into camp when you are sleeping helplessly on the ground in a tent, with two little kids, is the time you realise that's not the best place to be sleeping in certain areas. Oddly enough, as much as I looked, I could not find anything where the AirBedz are being promoted as a safety measure and why in certain areas, it is in your best interest to be sleeping in the back of your pick-up truck and not in a conventional tent.
Giving camper's a very realistic safety reason to turn the pick-up truck into a sleeping area using the Air Bedz, sure seems like a great marketing strategy that will sell thousands of additional units. Who Knows? If Jim had given the Sharks a reason WHY people should sleep in the back of their pickups, he just may of made a deal on Shark Tank.
The good news is Pittman Outdoors has made huge strides in getting the AirBedz into Sporting Good's Store's all over the country. Looking at the "Store locator's" on his website I was pleasantly surprised to find that a Sportsman's Warehouse just 2 miles from my home now carry the AirBeds made for trucks. It's hard to believe that the Sharks passed on this invention mainly because they thought Jim was not a good salesman. Isn't that the Sharks ultimate job for any product they invest in? Had Jeff Foxworthy still been a Shark for that episode, most likely he would of "Got It" and invested in the AirBedz Business.
Order the Truck-Bedz Today! Visit AirBedz Website
Jim Pittman Outdoors on FaceBook
Follow Air Beds for Trucks on Twitter