Love Shark Tank? Here Are Some Success Stories You Will Love Even More!

If you love tuning in to “Shark Tank” for your weekly dose of inspirational founder stories and entertaining investor personalities, you and I are on the same boat. But have you ever wondered what happens to these people beyond the segment on past deals? For most startups, being featured on the show is a great platform that helps them get noticed. However, it takes a combination of a great product, great strategy, hard work and a little luck to have a truly sustainable business. Let us take a look at some of our favourite entrepreneurs who made it in the cut-throat real world with the right balance of these qualities:

Scrub Daddy: This cleaning sponge can be used for a variety of surfaces in your home. It was originally meant to be used in the automobile industry but later on branched into domestic uses thanks to a unique feature which keeps it soft in warm water and firm in cold water. It has struck a deal with Lori Greiner and has brought in more than $100 million in sales.

Scrub Daddy

Bombas: With these socks, the investors set out to give your feet the extra bit of love they deserve for carrying you around all day. These socks are made of extra-long staple cotton to keep them breathable. Other unique features include extra cushioning and a blister tab to keep your feet pampered. In addition to making more than $50 million in revenue in 2017 itself, this startup earns major brownie point from us for its charitable cause: Donating a pair of Bombas for every pair purchased.

Bombas

LuminAID: Designed by two architecture students after the devastating 2010 Haiti earthquake, this product seeks to use solar energy to provide light in any situations where you may be out of power. You can even carry it along for outdoor activities like hiking and camping. This company has struck a deal with Mark Cuban and has gone places in terms of making a difference to the society. Its initiative called Give Light, Get Light helps donate lanterns to refugees and victims of natural calamities.

LuminusAID

Lollacup: This product was designed by parents of a nine months-old girl, for other kids of the same age, so expect product relevance to be really high with this one. Hanna and Mark Lim noticed their daughter’s ability to drink from a straw, so they decided to come up with a sturdy sippy cup made of safe materials to help other kids facing the same problem. After a partnership with Mark Cuban and Robert Herjavec, they diversified into other toddler goods under the brand name Lollaland.

Lollacup

These were some of the most innovative product ideas that scored big after being featured in Shark Tank. They just go on to show that all you need is a simple, yet creative solution and a sincere execution to make it big. Hopefully these stories got you as inspired as they did us!