The product was initially unsuccessful when Krause attempted to sell it to auto body shops as a hand scrubber, but years later, he was able to successfully market his smiley-faced scrubber as a multi-surface cleaner. Scrub Daddy was featured multiple times on QVC before its Shark Tank appearan...
Simply investing in every deal that comes their way would have made the sharks richer than they are today (e.g. the DoorBot deal would have more than made up for the cost of all the unsuccessful investments). Investing in every deal, however, might not be the best decision for making ...
Since appearing on Shark Tank (season 5), I’ve been approached with one specific question time and time again. It seems like a similar situation to explain why I do things the way I do so I thought I’d write out my response once again. The question is this: “Why don’t you use...
To say it was an unsuccessful pitch is an understatement. He’d just come off an unsuccessful Kickstarter campaign he claimed failed because of Kickstarter’s rules about selling multiple products for each donation. The Sharks didn’t buy it. Daymond John eviscerated Jason and […] Filed ...
The demographics of successful Shark Tank presenters are pretty one sided, as over half are male, and 81% are white (caucasian). However this statistic doesn’t hold much weight as white males are by far the most common presenters in general (successful and unsuccessful). ...