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Showing posts from June, 2016

Dr. Mist

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                                               Dr. Mist Dr. Mist comes from Dead Sea minerals and salt that creates an odorless bacteria shield on the skin (the invention has earned its Malaysian inventor a medical award from the International Exhibition of Inventions in Geneva).  Claudette  Leduc secured a deal to be the North American master distributor and by the time she arrived in the dragon's den she had already secured $250,000 in sales , with distribution in London Drugs and Loblaws’ Superstore across Canada . This hard-working spirit and result-driven business model was enough for dragon                                ( CEO Claudette Leduc of Dr. Mist ) Brett Wilson, who invested in the company with $100,000 in return for a 5% royalty on net sal...

Tipsy Elves

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                                                                       Tipsy Elves Tipsy Elves  is a holiday-themed apparel company. It sells holiday sweaters and other holiday-themed items through its website and other online vendors, and donates part of each sale to charity. In December 2013 the company owners appeared on the US television show  Shark Tank , and received $100,000 in funding to help the company move into the retail market.                        On Left Founder  Nicklaus Morton and On Right Founder Evan Mendelsohn   The Tipsy Elves owners appeared on the December 13, 2013 episode of  Shark Tank , in which it received $100,000 in funding from investor  Robert Herjavec . After showing they had m...

Scrub Daddy

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                                 SCRUB DADDY A sponge company has far and away become the biggest "Shark Tank" success story. Over the past three years,  Scrub Daddy  has brought in a total of $75 million in revenue , according to investor Lori Greiner. Greiner made a deal with its founder and CEO Aaron Krause in Season 4 for $200,000 in exchange for 20% equity . At that point, Krause had struggled to reach $100,000 in sales over 18 months, but Greiner saw great potential in the company's signature offering, a proprietary smiley-faced sponge that was more durable, hygienic, and effective than a traditional one.                         On Left CEO Aaron Krause and on Right Lori Greiner She helped Krause expand his product line and brought them onto QVC and stores like Bed Bath & Beyond, where they have become...