1) Scrub Daddy (1 of 5)
1) Scrub Daddy (1 of 5)
If you’re a fan of Friday night’s hit show, Shark Tank, then you’ll want to read this article!
Business owners come to the show with a dream, to be a big-time business doing something that they love.
Investors decide who they want to invest in, putting a lot of money at stake in exchange for equity and sometimes royalties.
Some companies make it, while others don’t.
However, each of them get about 7 million more informed customers than they would have otherwise, based on the number of viewers that tune into the show every week.
Here is a compiled list of those companies that have made the most of the show thus far.
Up first is Scrub Daddy, a sponge company that had done less than $100,000 in sales until they came to Shark Tank.
They developed a smiley face sponge that is built sturdier and more hygienic.
Over the past three years, the company has brought in a total of $75 million in revenue.
I think Lori Greiner is extremely happy she took a chance on these guys!