9 Successful Shark Tank Businesses Owned Millennials
Millennial entrepreneurs have successfully run a large number of the companies that have appeared on Shark Tank.Below, we’ll look at 9 of the most successful Shark Tank businesses owned by millennials.
9 successful Shark tank businesses
Ring
You may have heard of the show Shark Tank. Entrepreneurs Or people explain their business ideas to investors in another term called sharks.If the sharks like the idea, they may invest in the company.
The Ring is a home security company created in 2012 by two young entrepreneurs, Jamie Siminoff and Aaron Levie. They pitched their idea on Shark Tank and got an investment from shark Lori Greiner.
The Bouqs
One of the businesses that have seen success after appearing on Shark Tank is The Bouqs. This online flower retailer was founded by John Tabis and Jaime Riviera in 2011.
The Bouqs is unique because it offers a more sustainable option for buying flowers. The flowers are sourced from local farmers who grow them using organic methods and shipped to customers in eco-friendly packaging.
After appearing on Shark Tank, The Bouqs saw a significant increase in sales, and it has continued to grow since then. The company is worth over a 60million dollars.
Simple Sugars
If you’re a fan of Shark Tank, then you know Simple Sugars. This business was created by 20-year-old AJ, who appeared on the show in 2012 and walked away with a $100,000 investment from Barbara Corcoran.
The idea behind Simple Sugars is genius: create a line of all-natural, vegan, and gluten-free sugar scrubs that are good for your skin.Today, Simple Sugars is a multimillion-dollar company with a team of employees in both the US and Canada.
Glossier
You might have heard of the skincare company Glossier. If you haven’t, you’re missing out! This great business was started by Emily Weiss, a millennial entrepreneur who appeared on Shark Tank in 2014 and managed to make a deal with Lori Greiner.
Thanks to Weiss’ incredible business skills and her understanding of the millennial market, Glossier has become one of the most successful skincare companies in the world. They won over the millennials by using high qualities and natural ingredients.
B Bleu
B Bleu is one of the businesses that have made it big after appearing on Shark Tank. Founded in 2014 by millennial entrepreneurs Allie and Alex, this company has seen success with its line of stylish and affordable home decor products.
Allie and Alex’s story inspires other young entrepreneurs. After being rejected by several banks, they decided to take their business idea to Shark Tank and ended up landing a deal with Barbara Corcoran. Thanks to their appearance on the show, B Bleu has seen incredible growth, and their products are now sold in over 1,000 stores nationwide.
Nuts ‘N More
Nuts ‘N More is a perfect example of a Shark Tank success story. Founded in 2012 by college student Richard Samuel, the company quickly became a favorite of health-conscious shoppers with its high-quality, all-natural nut butter.
After appearing on Shark Tank in 2014, Nuts ‘N More was able to secure a $200,000 investment from shark Lori Greiner, which allowed the company to expand its product line and reach a wider audience.
Bombas
One of the most successful businesses to come out of Shark Tank is Bombas socks. Brothers Randy and David Heath went on the show seeking a $200,000 investment for a 20% stake in their company. Sharks like Barbara Corcoran and Lori Greiner were impressed with their socks.
In the end, the brothers walked away with a $400,000 investment from Mark Cuban, and Bombas was born. Bombas donates to the homeless shelter as his pairs are getting sold. This has helped the company gain a loyal following among millennials who want to make a difference in the world.
OpenDoor
Your home is your most valuable asset. But what do you do when you need to move and don’t want to sacrifice all of your equity? That’s where OpenDoor comes in. This startup allows you to sell your home directly to them; no agents or intermediaries are necessary. You get a fair price, and they get a quick sale; everyone wins!
WagWalking
One of the most successful businesses to come out of Shark Tank is WagWalking. This dog-walking service was created by millennial entrepreneurs Jesse Itzler and his wife Sara Blakely, the founder of Spanx.
WagWalking is successful because it’s an affordable and convenient service for busy pet owners. Customers can book a walker online or through the app, and they offer various services, including dog walking, feeding, and poop scooping.
To date, WagWalking has raised over $7 million in funding and featured on several major media outlets.
Were you looking for some entrepreneurial inspiration? Check out these nine Shark Tank businesses that have made several banks thanks to millennial owners. From makeup companies to meal delivery services, these businesses have proven that there’s no limit to what millennials can achieve.
