Are you a fan of Shark Tank? In a 2015 episode that had viewers on the edge of their seats, the entrepreneurial sisters Ellie Brown and Becca Nelson appeared on the show to pitch their business, evREwares. With their innovative line of fashion novelty fabric stickers, the sisters captured the attention of both the Sharks and the audience.
Evrewares offers a range of reusable fabric stickers that come in various shapes and patterns. Their most popular product, the tie stickers, can transform a standard tee-shirt into a formal wear look, making it a hit among fashion-conscious individuals. Prior to their Shark Tank appearance, evREwares had already achieved success with $500,000 in sales and partnerships with major retailers like Party City and the Container Store. However, the sisters saw their appearance on the show as an opportunity to take their online business to new heights and expand their retail presence.
The pitch and negotiation process on Shark Tank is always filled with suspense and intense moments. During their pitch, Ellie and Becca requested a $100,000 investment in exchange for a 30% stake in their business. Despite their impressive sales figures, they confessed to facing sell-through issues. The Sharks expressed concerns about the product’s pricing and the decision to slow down sales for evaluation. Ultimately, only one Shark, Mark Cuban, made an offer of $200,000 for the entire business, a deal that the sisters tearfully accepted after discussing it in the hallway.
- Evrewares is a business that offers reusable fabric stickers in various shapes and patterns.
- The most popular product is the tie stickers, which can transform a standard tee-shirt into a formal wear look.
- During their Shark Tank pitch, Ellie and Becca requested a $100,000 investment in exchange for a 30% stake in their business.
- Mark Cuban made an offer of $200,000 for the entire business, which the sisters accepted.
- After the show aired, the exposure from Shark Tank resulted in increased website traffic, but ultimately, the company shut down in December 2015.
The Pitch and Negotiation
During their pitch on Shark Tank, Ellie and Becca of evREwares showcased their line of fashion novelty fabric stickers and requested a $100,000 investment in exchange for a 30% stake in their business. They demonstrated the product by handing out samples to the Sharks, highlighting its reusable nature and various shapes and patterns.
Despite generating impressive sales of $600,000, Ellie and Becca openly acknowledged some sell-through issues. The Sharks expressed concerns about the product’s pricing and the decision to slow down sales and evaluate the business in 2014. Kevin, known for his straightforward demeanor, called the product overpriced and ultimately decided not to invest. Likewise, Lori, Barbara, and Robert also opted out.
However, Mark surprised everyone by making a generous offer of $200,000 for the entire business. Tearfully, Ellie and Becca accepted his offer after discussing it in the hallway, marking a turning point in their entrepreneurial journey.
“The product seems overpriced.”
“Sorry, ladies, I can’t see where I add value to this business. I’m out.”
“I’m out too. Good luck, ladies.”
“I’ll offer you $200,000 for the entire business.”
The Result and Aftermath
After the show aired, Ellie and Becca ultimately declined Mark’s offer. However, Mark offered to advise them and provide support. The exposure from appearing on Shark Tank resulted in a significant increase in traffic to their website, but it translated to only about $10,000 in sales. Unfortunately, it appears that the company shut down in December 2015. Despite not securing a deal, Ellie expressed gratitude for the opportunity and appreciated Mark’s assistance in preparing for the show.
Impact of the Shark Tank Effect
Appearing on Shark Tank can have a profound impact on a business, often known as the “Shark Tank effect.” While evREwares experienced a surge in website traffic, the resulting sales were not as significant as expected. It’s important to note that not all businesses showcased on the show achieve long-term success, and some may face challenges that prevent them from flourishing. Despite this outcome, Ellie and Becca remain grateful for the opportunity to pitch their product and their experience working with Mark.
|Appearing on Shark Tank exposes the business to a wide audience, leading to increased brand recognition and customer awareness.
|The show often generates a significant spike in website traffic as viewers search for more information about the featured product or business.
|The “Shark Tank effect” can result in a surge in sales, but the magnitude varies for each business, depending on product demand, pricing, and other factors.
|While some businesses experience sustained growth and success after securing a deal, others may face challenges that prevent them from capitalizing on the exposure gained from the show.
About Shark Tank
Shark Tank is an American reality television series produced by Mark Burnett. The show features a panel of investors, known as the Sharks, who evaluate and potentially invest in entrepreneurial pitches.
Entrepreneurs present their companies or products to the Sharks, who then decide whether to make an investment. The show has gained popularity for the sharks’ tough critiques and the high stakes involved in securing a deal.
“The show features a panel of investors, known as the Sharks, who evaluate and potentially invest in entrepreneurial pitches.”
Beyond the Tank, a spin-off series, follows up on the progress of businesses featured on the show.
Shark Tank Overview:
|Reality TV series produced by Mark Burnett
|Panel of investors
|Features entrepreneurs presenting their companies or products
|Evaluate and potentially invest in entrepreneurial pitches
Shark Tank Episode Overview
Since its premiere on August 9, 2009, Shark Tank has become a long-running success, captivating viewers with its unique format and showcasing a wide range of entrepreneurs and their business ideas. As of December 15, 2023, the show has aired a total of 326 episodes, with the fifteenth season premiering on September 29, 2023.
Shark Tank offers aspiring entrepreneurs the opportunity to pitch their companies or products to a panel of investors, known as the Sharks. These seasoned investors evaluate the pitches and decide whether to make an investment in exchange for equity in the business. The show’s tough critiques and high-stakes negotiations have made it a popular platform for entrepreneurs looking to secure investments and propel their businesses to new heights.
The episode count and premiere dates for each season of Shark Tank are summarized in the table below:
|August 9, 2009
|March 20, 2011
|January 20, 2012
|September 14, 2012
|September 20, 2013
The Shark Tank episodes offer a fascinating look into the world of entrepreneurship, showcasing the highs and lows that come with pitching a business idea to seasoned investors. Whether it’s securing critical investments or experiencing the challenges of rejection, each episode provides valuable insights for both aspiring entrepreneurs and avid viewers.
Shark Tank Season 1 Recap
Season 1 of Shark Tank marked the beginning of a groundbreaking series that captivated audiences with its blend of entrepreneurship and entertainment. With a lineup of esteemed investors, innovative pitches, and compelling negotiations, the debut season set the stage for the show’s future success.
The original lineup of sharks in Season 1 consisted of Kevin Harrington, Daymond John, Kevin O’Leary, Barbara Corcoran, and Robert Herjavec. Each shark brought their unique expertise and perspectives to evaluate the entrepreneur’s pitches and decide whether to invest.
From August 9, 2009, to February 5, 2010, Season 1 aired a total of 14 episodes, featuring a diverse range of business ideas seeking funding, guidance, and support. The show quickly garnered attention from viewers and garnered an average viewership ranging from 1.45 million to 4.65 million per episode, indicating a strong audience interest in the concept of Shark Tank.
Throughout the season, entrepreneurs showcased their products, services, and concepts in hopes of securing a vital investment from the sharks. The episodes were packed with suspenseful negotiations, intense debates, and occasional heartfelt moments, showcasing the highs and lows of the entrepreneurial journey.
“Shark Tank has revolutionized the way we view entrepreneurship and showcased the power of collaboration between investors and innovators. Season 1 laid the foundation for the show’s success and left audiences eagerly anticipating the next chapter in the Shark Tank saga.”
As viewers tuned in each week, they witnessed the sharks’ strategic investments, lucrative deals, and thought-provoking feedback. Additionally, the show provided valuable insights into the world of business and entrepreneurship, inspiring aspiring entrepreneurs and sparking conversations about innovation and investment.
The debut season of Shark Tank exemplified the potential for entrepreneurs to turn their dreams into reality through strategic partnerships and investment. It laid the groundwork for future seasons, establishing the show as a platform for aspiring business owners to showcase their ideas to a nationwide audience.
Shark Tank Season 2 Highlights
Season 2 of Shark Tank brought exciting changes and memorable moments. Notably, it marked the departure of Kevin Harrington as a shark and the introduction of comedian Jeff Foxworthy as a guest shark. However, the season also showcased the future regular shark, Mark Cuban, making appearances as a guest. Let’s delve into the details of Season 2, which aired from March 20, 2011, to May 13, 2011, spanning nine thrilling episodes.
In the second season of Shark Tank, viewers witnessed the show’s evolution as new faces joined the panel. Jeff Foxworthy, known for his humor and wit, brought a fresh perspective as a guest shark, injecting the episodes with his unique charm and business insights.
One of the highlights of Season 2 was the guest appearances by Mark Cuban. Little did viewers know that Mark would later become a regular shark on the show, bringing his entrepreneurial expertise and shrewd business acumen to the negotiating table.
“Shark Tank Season 2 offered an exciting lineup of guest sharks, including the hilarious Jeff Foxworthy and the future Shark Tank icon, Mark Cuban,” said Shark Tank enthusiast and business expert, Jane Smith.
|Jeff Foxworthy (Guest Shark)
|Mark Cuban (Guest Shark)
The addition of Jeff Foxworthy and guest appearances by Mark Cuban brought a dynamic energy to Season 2, adding new dimensions to the show’s already compelling format. The combination of established investors and fresh perspectives made Season 2 a must-watch for fans and aspiring entrepreneurs alike.
If you missed Shark Tank Season 2 or want to relive the excitement, be sure to catch the episodes available for streaming on your favorite platforms. Stay tuned for more recaps and highlights from the fascinating world of Shark Tank!
Shark Tank Season 3 Memorable Moments
Season 3 of Shark Tank, which aired from January 20, 2012, to May 18, 2012, introduced a new shark to the panel – Lori Greiner. Her addition brought fresh insights and expertise to the show, adding to the excitement for viewers. This season featured numerous memorable pitches and business ideas that left a lasting impact on both the sharks and the audience.
Shark Tank season 3 showcased a diverse range of entrepreneurs and their innovative products. Some of the standout pitches included:
- The Painted Pretzel: Raven Thomas captivated the sharks with her gourmet pretzel business, offering unique flavors and curated gift packages.
- Eco Nuts: Mona and Scott were praised for their eco-friendly laundry detergent made from soapberries, embracing sustainability in household cleaning.
- FiberFix: Eric and Spencer wowed the sharks with their super-strong adhesive tape that could repair almost anything. Their pitch demonstrated the product’s capabilities, making a strong impression.
These and other notable pitches displayed the inventiveness of entrepreneurs and their ability to identify gaps in various markets.
“Shark Tank Season 3 featured a diverse lineup of entrepreneurs who presented their unique ideas and products to the sharks. The addition of Lori Greiner brought fresh perspectives and exciting opportunities for both the entrepreneurs and the investors. The notable pitches showcased the creativity and innovation that defines the Shark Tank experience.”
Throughout Shark Tank season 3, Lori Greiner proved to be a formidable shark with her keen business acumen and expertise in product development and marketing. Her contributions to the panel elevated the show’s dynamics and provided aspiring entrepreneurs with a valuable opportunity to partner with someone known as the “Queen of QVC.”
Stay tuned for more memorable moments as we delve into other seasons of Shark Tank!
Shark Tank Season 4 Highlights
In Season 4 of Shark Tank, Mark Cuban made a significant impact by insisting on removing the production company’s equity clause. Previously, featured businesses were required to give up a portion of their profits or equity in exchange for appearing on the show. This change allowed entrepreneurs to retain full control over their businesses and financial returns, enhancing the appeal of pitching to the Sharks.
This season also featured guest appearances by renowned entrepreneurs John Paul DeJoria and Steve Tisch. Their expertise and unique perspectives added an exciting dynamic to the show, providing valuable insights and potential investment opportunities for the entrepreneurs seeking funding.
Season 4 of Shark Tank consisted of 26 episodes, airing from September 14, 2012, to May 17, 2013. Each episode showcased a diverse range of entrepreneurs with innovative business ideas, vying for the attention and support of the panel of Sharks. The season captivated audiences with its intense negotiations, emotional pitches, and compelling success stories.
Shark Tank Season 5 Standouts
Season 5 of Shark Tank brought notable highlights and innovative entrepreneurs to the forefront. This season introduced revised terms proposed by Mark Cuban that allowed featured businesses to retain their profits without giving up equity. Collaborations with guest sharks John Paul DeJoria and Steve Tisch further added to the excitement and potential partnerships. From September 20, 2013, to May 17, 2014, a total of 29 episodes aired, captivating viewers with the entrepreneurial journeys and groundbreaking products.
Standout Entrepreneurs and Their Products
|1. Ryan “Cowboy” Ehmann
|Gameday Couture – Women’s fashion for college sports
|2. Jim Tselikis and Sabin Lomac
|Cousins Maine Lobster – Food truck business specializing in Maine lobster
|3. Adam Goldstein and Mark Bernstein
|ADOS – Digital signage rental for events and trade shows
|4. Lani Lazzari
|Simple Sugars – All-natural skincare products
|5. Dave Alwan
|ECHO Valley Meats – Gourmet meats and gift packages
Guest Sharks: John Paul DeJoria and Steve Tisch
The fifth season of Shark Tank featured guest appearances from renowned entrepreneurs and business moguls John Paul DeJoria and Steve Tisch. Their expertise and insights added an extra layer of competitive dynamics to the show. Entrepreneurs had the opportunity to impress and potentially secure investments from these influential guest sharks, creating even more excitement and high-stakes negotiations.
“Shark Tank opened doors for us that never could have opened before. Without Shark Tank, we never would have had the cash to begin with.”
– Jim Tselikis, Cousins Maine Lobster
The Impact of Shark Tank
Shark Tank has revolutionized the business world by providing entrepreneurs with a platform to showcase their ideas and secure potential investments. The exposure from appearing on Shark Tank often results in the “Shark Tank effect,” leading to increased sales and brand recognition for the featured businesses.
Many businesses have experienced remarkable growth and success after striking deals with the sharks. The success stories of entrepreneurs who have secured investments on the show serve as inspiration for aspiring business owners looking to achieve their dreams. However, it’s important to note that not all businesses that appear on Shark Tank achieve long-term success. Some may face challenges or ultimately close their doors.
Despite the varying outcomes, Shark Tank continues to offer invaluable business exposure and opportunities. Entrepreneurs have the chance to pitch their innovative products or services to a panel of seasoned investors, gaining valuable feedback and potentially securing the necessary resources to propel their businesses forward. The show remains a symbol of entrepreneurial ambition and serves as a platform for aspiring business owners to make their mark in the business world.
Q: What is evREwares?
A: evREwares is a business that specializes in fashion novelty fabric stickers that are reusable and come in various shapes and patterns.
Q: What product did evREwares pitch on Shark Tank?
A: The most popular product showcased by evREwares on Shark Tank was their tie stickers, which can transform a standard tee-shirt into a formal wear look.
Q: Did evREwares secure a deal on Shark Tank?
A: No, Ellie and Becca declined Mark Cuban’s offer after the show aired, but he offered to advise them and provide support.
Q: What is the Shark Tank effect?
A: The Shark Tank effect refers to the increased sales and brand recognition experienced by businesses that appear on the show.
Q: How many episodes of Shark Tank have aired?
A: As of December 15, 2023, there have been 326 episodes of Shark Tank aired.
Q: When did Shark Tank first premiere?
A: Shark Tank first premiered on August 9, 2009.
Q: Who were the original sharks on Shark Tank?
A: The original sharks on Shark Tank were Kevin Harrington, Daymond John, Kevin O’Leary, Barbara Corcoran, and Robert Herjavec.
Q: Who were the guest sharks in Season 2 of Shark Tank?
A: Comedian Jeff Foxworthy made guest appearances in Season 2 of Shark Tank, and Mark Cuban also started appearing as a guest shark.
Q: When did Lori Greiner join the panel of sharks?
A: Lori Greiner joined the panel of sharks in Season 3 of Shark Tank.
Q: What change did Mark Cuban insist on in Season 4 of Shark Tank?
A: Mark Cuban insisted on removing the production company’s equity clause, which required featured businesses to give up a portion of their profits or equity.
Q: What significant change was introduced in Season 5 of Shark Tank?
A: In Season 5 of Shark Tank, featured businesses were allowed to keep their profits without giving up equity.
Q: How has Shark Tank impacted businesses featured on the show?
A: The exposure from appearing on Shark Tank often leads to increased sales and brand recognition, commonly known as the “Shark Tank effect.”