Home Success The Stars Of ‘Shark Tank’ Reveal Their Favorite Success Stories
Success

The Stars Of ‘Shark Tank’ Reveal Their Favorite Success Stories

Trista October 23, 2019
A woman lifting weights. Credit: Pixabay

PRX Performance

As we’ve mentioned before, many exercise-related products have appeared on Shark Tank, but not all of them have been successful. One of the successful exercise products to be featured on Shark Tank is the PRX Performance. Founders Erik Hopperstad and Brian Brasch pitched their weightlifting racks that fit in just 4 inches of space in a home or commercial gym.

After pitching the idea for PRX Performance to the Sharks, Hopperstad and Brasch accepted a deal with Shark Kevin O’Leary for $80,000 for a 20 percent stake in the company. Once the episode had aired, traffic to their website increased more than 3,000 times. Since PRX Performance launched, it has generated more than $19 million in sales.

Beach towels spread out on the beach. Credit: Pixabay

Sand Cloud Towels

In 2017, Bruno Aschimanini, Steven Ford, and Brandon Leibel appeared on Shark Tank to pitch their idea for Sand Cloud Towels. These fresh towels are fashionable, comfortable, and environmentally friendly. Also, 10 percent of the proceeds made from Sand Cloud Towels are donated to organizations that protect marine wildlife.

Sand Cloud Towels had made more than $2.4 million in sales before appearing on Shark Tank. They ended up making a deal with Shark Robert Herjavec for $200,000 in exchange for a 15 percent stake in the company. Traffic to their website increased exponentially after the episode, and they were on track to earn more than $7 million from sales of Sand Cloud Towels. They also planned to donate $1 million to marine preservation non-profit organizations.

Advertisement
Advertisement