Ornament Anchor is the smartest, easiest, and best way to hang your Christmas ornaments. Ornaments are very fragile, and even just bumping into the tree can make your ornaments fall or break. Additionally, cats and dogs pose a threat to low hanging Christmas ornaments. Flimsy hooks and simple ribbons don’t work, which led to the creation of Ornament Anchor. The simple product can hold up to 10 pounds and can be used to keep your memories safe and secure by fastening the ornament to the tree so that it can’t easily fall off.
Ayaan Naqvi (middle of the three children in the picture) came up with the idea for Ornament Anchor when he was in fourth grade. He was sitting by his Christmas tree trying to come up with an invention for a school project. He noticed that each year, a few of their family ornaments broke because they weren’t secured well to the tree. He came up with a product to anchor ornaments to the tree so that they wouldn’t fall off, and Ornament Anchor was born.
The Naqvi family appeared on Shark Tank in Season 10 with Kudo Banz, a product that starts with a storybook and at the end of the story provides a cool band for the child to wear. The Sharks thought that the valuation was too high, and the family left without making a deal. The Naqvi family appeared again on Season 13 of Shark Tank with their product Ornament Anchor. They were seeking $90,000 for 5% of their ornament-saving business. Ornament Anchor’s lifetime sales when they appeared on shark tank was over half a million dollars. None of the Sharks invested in Ornament Anchor despite their high profit margins and great sales to date.
Despite not making a deal on Shark Tank, Ornament Anchor now has a net worth of about 2 million dollars. The family of entrepreneurs has a bright future ahead, and who knows, we may seem them on Shark Tank again with another new product!
Kaitlyn Kuscevic
That is so cool he thought of this idea while thinking of something for his school project! I love how the family did not give up despite appearing on Shark Tank twice and not receiving any deals. They truly do have a bright future ahead.
This is a cool story! I’m curious how Ayaan designed the Ornament Anchor. What was innovative about his product that made it successful in function? I like that the family is confident in their ventures, seeking to be recognized and gain publicity and support through Shark Tank.
This is an incredible idea! Throughout the years I have lost several important ornaments due to the pets in my family, so to know a young mind invented something that could help preserve those precious memories is truly amazing. Ayaan found a market that needed a different perspective and had a problem that needed solving, and I personally think that he has done an incredible job healing this pain.