All About Business

LOLLA CUPS Lolla Cups is a range of    BPA and phthalate -free children’s drinking cup featuring a flexible straw that allows toddlers to drink easily and effectively. Straw Sippy Cup featured on ABC's hit show, Shark Tank  - Funded by Mark Cuban and Robert Herjavec. Flexible straw has a weighted end that anchors in the liquid to help young children drink effectively, even when the cup is tilted. Straw is valve-free, making it easy for young children to sip and easy for parents to clean. Handle detaches with a simple twist for placement in most cup holders. A ll materials and parts are FDA-approved and meet/exceed the US Consumer Product Safety Commisssion's standards. Minimal parts make the cup easy to clean. Mark Cuban and Croatia-born, Canadian entrepreneur Robert Herjavec ($100,000 for 40% equity in the company). Mark and Hanna Lim (CEO and Co Founders of Lolla Cups) Sales: More than $1 million in sales ...

Mr. Trash Wheel There's nothing cute about plucking plastic garbage out of Baltimore Harbor waters. Not until you've met Mr. Trash Wheels, anyway. Thanks to this floating trash wheel with giant googly eyes, Baltimore's inner harbor is cleaner than it's been in years. And it's getting clean in efficient and adorable style. He Only Has Eyes For Trash Mr. Trash Wheel is adorable, and incredibly effective. Since it hit the waters of Baltimore's Inner Harbor (where it can clear debris before it enters the Chesapeake Bay) in May 2014, Mr. Trash Wheel has scooped up over a million pounds of trash. This googly gadget is not messing around ! The wheel was born after creator John Kellett look a crack at creating a pilot device in 2008 that cleaned waste from the harbor. After revising the original model, and getting support from the Waterfront Partnership of Baltimore , Mr. Trash Wheel as we know it was born. Mechanism : According to National Geo...

Bottle Breacher Former Navy Seal Eli Crane was able to form an emotional connection with Kevin O'Leary over his .50 Caliber bottle opener product   Bottle Breacher , made by military veterans. That, along with the customizable product's appeal to wedding parties, led Kevin O'Leary to make an investment along with fellow Shark Marc Cuban. From Left to Right : Jen Crane, Kevin O'Leary and Eli Crane (Owner) Initial Ask:   $150,000 for 10% equity Final Deal:   $150,000 for 20% equity, closed with Marc Cuban and Kevin O'Leary Breaching the backorder log Like many Shark Tank success stories, Bottle Breacher grew a nasty log of back orders when it couldn't keep up with increased demand . But those problems have been resolved, solidifying the company's place as a true success story. After selling $80,000 worth of product in the month prior to appearing on Shark Tank, Bottle Breacher has now topped $2.5 million in sales. To know m...

Squatty Potty Squatty Potty  CEO Bobby Edwards and his mother, Judy Edwards , have a message for you:  You're going to the bathroom wrong! QVC maven Lori Grenier saw big potential in the Edwards' Squatty Potty , a toilet stool accessory that promotes good colon health and helps relieves constipation. Grenier beat back competition from Kevin O'Leary to secure a 10% stake in the company. Initial Ask:  $350,000 for 5% equity Final Deal:   $350,000 for 10% equity, closed with Lori Greiner CEO Bobby Edwards, Lori Greiner and Judy Edwards (From Left to Right) The deal has been a home run for all involved. The Edwards sold $1 million worth of Squatty Potties in the first two days after their TV appearance. In three months, that number rose to a mind-blowing $12.3 million , buoyed in part by placement in Bed, Bath and Beyond. To know more click on this link :  http://www.squattypotty.com/

Magic Wand In theory, the button-less, gesture controlled universal remote sounds like a great idea. At least the Dragons certainly thought so, with   Duncan Bannatyne  making a £200,000 investment in the wand. The device can control electronic appliances such as laptops, lights, TVs, DVD players and even remote-controlled curtains, and won its two creators a record total offering of £900,000, with Bannatyne eventually outbidding the other dragons for a 20% stake in the company. Chris Barnardo (CEO of Magic Wand) The device did fairly well in the short term, and is thought to have turned over around £2m in the first year. However, reviews slammed the wand, stating that it had no unique selling point and was a worthless gimmick that would be abandoned in hours. There was originally a whole range of wands planned, but the company never got past one modelled on Doctor Who’s screwdriver. To know more about Magic Wand visit :  h ttp://ww...

Wicked Good Cupcakes Wicked Good Cupcakes is a Cohasset, MA business started by mother/daughter team Tracey Noonan and Danielle Desroches. They’ll pitch the Sharks on their wicked good cupcakes in a jar in episode 422.  On Left Daughter Tracy and on Right Mother Danielle Tracy and Danielle got started when they decided to take a baking class together – that’s where they created their first Wicked Good Cupcakes. The reaction from friends and family was so great, they started selling their wicked good treats and have become a Boston area  favorite. The original bakery is in the quaint seaside town of Cohasset on Boston’s South Shore, but the Wicked Good gals recently partnered with a large commercial bakery to produce more treats and they’re opening a Faneuil Hall location in May, 2013.  Whatever the outcome, Wicked Good Cupcakes is a sweet success! The Product: Gourmet cupcakes in a jar shipped nationwide. From Left ...