5 Successful Business Ideas Pitched on Shark Tank
Shark Tank is a popular American reality television series that features entrepreneurs pitching their business ideas to a panel of prominent investors, known as sharks. The show has helped launch many successful businesses, including some that have become household names. In this blog post, we will discuss five successful business ideas pitched on Shark Tank that have made it big.
The Squatty Potty
The Squatty Potty is a stool designed to help people achieve the ideal squatting position while using the toilet. The founder, Bobby Edwards, pitched the product on Shark Tank in 2014 and struck a deal with Lori Greiner and Kevin O’Leary. Since then, the company has become a household name and has sold millions of units worldwide. The Squatty Potty’s success can be attributed to its innovative design, effective marketing, and viral videos that helped spread the word.
Breathometer
Breathometer is a device that connects to your smartphone and measures your blood alcohol level through your breath. The founder, Charles Michael Yim, pitched the product on Shark Tank in 2013 and secured a deal with all five sharks, which was an unprecedented move at the time. The company went on to raise $6.5 million in funding and has expanded its product line to include other health and wellness devices.
Tipsy Elves
Tipsy Elves is a festive clothing brand that specializes in ugly Christmas sweaters and other holiday-themed apparel. The founders, Evan Mendelsohn and Nick Morton, pitched the product on Shark Tank in 2013 and received an investment from Robert Herjavec. Since then, Tipsy Elves has become a multimillion-dollar company and has expanded its product line to include other holidays and events. The company’s success can be attributed to its unique products, effective marketing, and social media presence.
Tanker Booty
Tanker Booty is a company that produces high-quality leggings with pockets designed for fitness enthusiasts. The founder, Keia Bounds, pitched the product on Shark Tank in 2020 and secured a deal with Mark Cuban. The company’s success can be attributed to its innovative product design and social media marketing strategy.
The Bouqs Company
The Bouqs Company is an online floral delivery service that offers farm-to-table flowers at an affordable price. The founders, John Tabis and Juan Pablo Montufar, pitched the product on Shark Tank in 2014 and struck a deal with Robert Herjavec. The company has since expanded to become a multimillion-dollar business and has gained popularity for its eco-friendly approach and unique product offerings.
Conclusion
In conclusion, these five business ideas pitched on Shark Tank are just a few examples of the show’s ability to launch successful companies. Each of these businesses offers something unique to consumers and has leveraged the power of effective marketing and social media to grow their brands. Whether you’re an aspiring entrepreneur or just a fan of the show, Shark Tank is a great source of inspiration and entertainment.