Archive for Shark Tank – Page 4

Me & the Bees – Innovated Lemonade

It all began when four-year-old Mikaila Ulmer was stung by a bee twice in only one week. Naturally, she grew scared of bees, only until she realized how useful and crucial they were to the prosperity of human life and health. She learned about the amazing things bees do for our ecosystem. Once she was inspired by the bees, she was determined to somehow raise money to help save them and promote a boisterous population of bees around the globe. Shortly after she was stung she was encouraged by her family to create a product for two children’s business competitions. They were the Acton Children’s Business Fair and the Austin Lemonade Day. That same year she received a cookbook from her Great Granny Helen which inside included a very special homemade flaxseed lemonade recipe. As a young, talented innovator, Mikaila was prompted to think about how she could bring her newfound passion for bees and business together with her Great Granny’s iconic lemonade recipe. A lightbulb went off in her head. She thought up a plan to use honey from bees in a lemonade recipe that made the taste of that famous sweet summer drink more natural and enjoyable for consumers. At that point she began calling her lemonade brand, “Be Sweet Lemonade,” but due to copyright issues, changed it to “Me & the Bees Lemonade.” The goal of Mikaila’s business is to donate a percentage of the profits to local and international organizations that fight for the growth of the honeybee population worldwide. This young-innovator is now a 15-year-old entrepreneur who has grown her small, humble, Austin, Texas ideas into a profitable venture that has grown by over five hundred percent in just ten years. Her success does not stop there, she even appeared on the hit TV Show of entrepreneurs, Shark Tank in 2015, striking an impressive sixty-thousand-dollar investment from the famous shark, Daymond John. Even now “Me & the Bees Lemonade” is flying off the shelves of Whole Foods Market, The Fresh Market, H-E-B, World Market, and many other stores and sales venues across the state of Texas. Today, Mikaila is a known social entrepreneur, author, public speaker, social media presence, and a hard-working high school student. She is determined to grow her business, continue to raise awareness about the importance of bees, and bring delight to lemonade consumers. More than anything, Mikaila wants to teach everybody how to save the bees, and how to promote the prosperity of their kind. She went even further than just “Me & the Bees,” and established The Healthy Hive Foundation, a 501 (c) 3 non-profit that has the mission to save all bees through educating people of all ages and fields about bees, donating to bee researchers, and protecting the resources bees need to survive and thrive. She serves as an inspiration to young people by influencing them to become social entrepreneurs, just like herself. She turned her dreams into reality through innovation and social entrepreneurship. As always, we need more young women entrepreneurs like Mikaila Ulmer in the world. Take risks, you might just prosper more than you would have ever imagined you could.

Nohbo

Ever since he was 5, with a longing to buy a teddy bear with not enough money, Benjamin Stern has had the entrepreneurial spirit. Most 5 year-old kids would whine and complain to their parents about not having the money for the teddy bear, but he is different. Instead of doing this, he went to the mall and peddled cookies. Stern bought cookies from Costco and sold them individually at malls near him. He managed to strike a nice profit on these. He then began selling coffee door to door and giving 10% of the proceeds to Wounded Warriors. One day as he was doing the dishes, he began observing the detergent pod and wondered why there wasn’t a pod for toiletries like shampoos or shaving cream. That is where Nohbo came into fruition, he wanted to make a biodegradable pod that disintegrated when it reacted with shower water. He actually went onto Shark Tank and signed a deal with Mark Cuban for an investment of $100k. What is cool about this company is that first, Stern is in high school. Second, it has a larger impact than just striking a profit off of a unique idea. Stern is limiting plastic waste by using biodegradable supplies to make these pods. The issue of plastic waste is huge and plastic waste from toiletries is very overlooked. Stern is changing that by ridding the opportunity to get these products in plastic containers. Finally, this product is very unique and he is dealing with a part of the toiletry industry that has not been touched yet. I am confident that there will be companies tagging along trying to sell their similar products. I love this company because it is just proof that you can create a unique idea, that benefits society leaving it better than before, and with the ability to turn a nice profit. What he is doing is really cool and I am excited to see where he goes from here. He says he is working on getting his product into hotels because there is a lot of money in that sector. Stern knows where the money and markets are and he is not afraid to branch out to reach them. Very impressive kid.

Fair Harbor

 

 

About Them

Jake and Caroline Danehy founded Fair Harbor. It started when they went on shark tank with their idea and won $20,000 for grant money. They go to Colgate University. Jake being 20 and Caroline being 17 they were able to start this company themselves. If you would read their about us on their website you would learn that they loved going to the beach as kids. They grew up in a community that barely had any cars and everyone was barefoot. They were able to walk to the beach without any shoes on; so you could say that they grew up on the beach. With the love of the beach sparked an idea to keep it beautiful.

The Idea

As they got older they noticed more and more plastic was being washed up on the beach. Will their love of the beach and the environment they had an idea to help with the problem but also make some money. Their idea was that they would make swim wear out of the plastic they find on the beach or in the ocean. This is how they decided to do something about the problem

Delivering Value

To make swim wear out of used plastic is a mystery for me, but these two have figured out how to not only make the clothing but also to deliver quality value. Their swim outfits also have some new qualities two them that most companies don’t have yet; like they got rid of the mesh in their swimming shorts for men. We all know how irritating those nets can be. If you would go to their website it looks very updated and easy to use.

https://www.fairharborclothing.com/pages/custom-about-us

Bombas – More Than Just Socks

A common irritant in one’s daily life is socks.  While it might not be your first thought for what irritates you, many people dislike it when their socks fall down, do not provide support, cause blisters, make your feet hot, or maybe worst of all, the irritating seam that goes across the toe of socks that never seems to be in the right place at the right time.

As it turns out, in 2013, David Heath and Randy Goldberg were irritated enough with these problems that they started a company called Bombas.  Heath and Goldberg were regular consumers, knowing nothing about the in’s and out’s of the sock industry, but what they did know was their own pain points.  They set out to achieve two goals:  design the best sock in the history of feet, and give a pair of socks to a homeless shelter with every purchase.  By targeting their own pain points, they developed unique socks.

The socks are all contoured to either a left or right foot.  The ankle socks have a blister tab, calf-length socks have “stay-up technology” that actually works, and their no-show socks use stay-put heel grips and contour seam construction to stay where they are supposed to.  All of the styles incorporate the company’s now signature honeycomb across the mid-foot to provide addition support, a y-stitched heel to cup the heel of your foot, and a reinforced foot-bed to be longer lasting and more supportive.  Health and Goldberg now have several different styles and lines of socks including dress socks, compression socks, wool socks, quarter socks, and athletic socks, as well as the standard crew, ankle, and knee high socks.

To Heath and Goldberg’s second goal, they realized that the number one most requested item from homeless shelters was socks, due to the necessity that they be new.  They developed a one-for-one business model and now for ever pair of socks you buy, they donate a brand new pair to a homeless shelter in need.

In 2014, Heath and Goldberg took Bombas to Shark Tank.  They were successful in getting a deal with Daymon John, and officially launch the company.  Heath and Goldberg hoped to give away one million socks by 2025 but in fact, they met that goal in only two and a half years, and a mere six months later, they had given away two million pairs.  At the time this post was written, according to the live counter on the Bombas website, they have donated 27,811,296 pairs of socks.

Bombas is an example of two regular guys, seeing a pain in their own lives and finding a way to solve it.  Not only have they created what are arguably the best socks in history, but they have also found a way to make a huge impact in the lives of many people who are in need of an item most of us take for granted:  socks.

 

A Buzzing Business- Mikalia Ulmer & Me and the Bees Lemonade

Bees, they’re pesky, buzzing, and can cause a pretty painful sting. Lemonade, it’s a tasty, cool, refreshing drink on a summer’s day. The two don’t have much in common but, Mikaila Ulmer decided to bring these ideas together with her business Me and the Bees Lemonade. Mikalia Ulmer was born in Austin, Texas to parents who inspired her to be innovative.

When she was four years old, they encouraged her to sign up for a children’s business competition, where she had to come up with an idea for a business and pitch it to judges. Before the competition, a big idea came to her after two surprises happened.

The first surprise came in the mail when her great grandmother sent her an old family cookbook from the 1940s. This cookbook contained a particularly delicious recipe for Flaxseed Lemonade. 

The second came from a less exciting surprise, a pretty painful one to experience as a kid playing outside in the summer, a bee sting. There were two bee stings, to be exact. Mikalia was scared at first, scared of bees and their hurtful sting. Yet, something about bees captivated her, she wanted to learn all about them. She learned how crucial bees were to our ecosystem, why even though they bring a painful sting, they also bring beautiful things, like flowers. She knew that wanted to help them. 

That’s where she brought her ideas together, bees and lemonade, and started with a lemonade stand. This lemonade stand led to her business Me and the Bees Lemonade. Here, she sells Flaxseed Lemonade sweetened with honey and donates 10% of the money that she makes to organizations that help the honeybees. She started her own non-profit, the Healthy Hive Foundation, which works to raise awareness and to create more safe environments for honeybees.

Since, then, her business has grown from a lemonade stand and a recipe in her great grandmother’s cookbook. Makaila went on Shark Tank when she was 9 and got a deal with Daymond John for $60,000. The business has grown over the years, Me & The Bees Lemonade has expanded from the website and small grocery stores to grocery chains like Whole Foods and Wegman’s. In 2017, she was named as one of TIME’s most influential teens. She’s used her experience to help out others who are interested in entrepreneurship. She travels with the Dell Women Entrepreneurship Network and helps out with their youth program, where she taught with a Finance 101 class in Cape Town, South Africa. 

She’s currently writing a book on story and how she came to be the CEO of her own company. Mikalia says to young entrepreneurs, “You’re never too young to start a business. ” She wants to inspire kids, and adults, to create something based on their passions. On her own future, she says, “I definitely have a lot of goals, but as my dad always said, it’s important to work step by step and take each little goal at a time.” Mikalia really is an example of a young entrepreneur taking steps to grow a business, one goal at a time.

Rachel Zietz

Rachel Zietz was a 13-year-old when she founded her company Gladiator Lacrosse. This was the result of her being unsatisfied with the quality and price of her lacrosse equipment. Because of this Rachel decided to start a company that would sell highly durable and well-priced lacrosse equipment. This was how Gladiator Lacrosse was formed. When Rachel was still in school, she focused on improving her skills as an Entrepreneur and well-seasoned CEO of her own company. What makes this company especially unique is the personal side of it. Because Rachel herself plays lacrosse she knows the importance of inexpensive and high-quality equipment. While being the CEO of Gladiator Lacrosse Rachel is also enrolled in Princeton University. As well as that She appeared on Shark Tank when she was 15 although she didn’t get a deal, but the sharks were impressed. Rachel Zietz is an inspiration balancing life, school and being a CEO of her own company at such a young age.

Feel Good – The Elephant Pants

The Elephant Pants’ customers are encouraged to “feel good—” both about the ethical value of their purchase and while wearing their comfortable new elephant pants.

https://www.instagram.com/p/Bpm-ihllz2X/

Even the simplest of businesses requires the establishment of excellent marketing tactics and customer communication to succeed. The Elephant Pants is yet another fair-trade business organization focused around giving back. Their primary product, lightweight bohemian pants available in a variety of elephant-inspired patterns, mimics the harem-style pants popular in Thailand while drawing attention to the endangered species of elephants living there.

The Elephant Pants actively acts their mission, manufacturing their harem pants ethically in a factory in Thailand, which additionally provides profitable jobs to some of the local people there. For every pair of pants sold, $1 is donated to elephant protection through the business’s partnership with the International Elephant Foundation. Thanks to the founders’ conscious emphasis on marketing, these numbers are soaring, surpassing $184,000 in donations.

Nathan Coleman, founder and CEO of The Elephant Pants, recognized the significance of marketing within the success of a business from the beginning. Although modeling a business around a mission is mildly effective, nothing can replace consumer-conscious marketing in the design of a product. It’s great to promote a message of benevolence and fair trade, but business success requires more.

From the beginning, e-mail subscribers to the business are made to feel like part of the “phamily” with a charming welcome message, closed by the business’s consistent slogan- “Save Elephants, Feel Good.”

“Not every consumer is in the same stage within their buying cycle so the same message will not work on everyone. We think about what the consumer has done or not done to segment them into a specific group so we can curate the message that they will receive.” – Nathan Coleman, founder/CEO of the elephant pants.

The Elephant Pants has done their homework well, garnering product reviews and utilizing various strategies for gaining returning customers.

https://www.instagram.com/p/Bpkv8fFAbwl/

And of course, passion for elephant welfare is truly what keeps this business’s heart pounding. “Elephants are extremely intelligent and emotional animals. They live in family units and even mourn when family members pass away. It’s a shame that they are killed for their ivory just to supply collectibles or supposed medicines. Our philosophy is that the only one who needs ivory is an elephant, and with that we do our best to give elephants a voice.”

Benjamin Stern and Nohbo

Benjamin Stern was only 17 years old when he secured an investment from Mark Cuban on Shark Tank for his company Nohbo. Benjamin started his entrepreneurship journey all the way back in middle school, where he started his first venture. Stern would buy his own coffee beans at a wholesale price, from a roaster in Seattle, and would go around his neighborhood selling his own coffee. Part of the sales would go to the Wounded Warriors Project. After this he wanted to create an idea that would go beyond his own neighborhood.

Image result for Benjamin Stern and Nohbo

Using his company Nohbo, Benjamin Stern is trying to eliminate the need for plastic bottles in personal car products. Such as shampoo, conditioner, body wash, and shaving cream. His product is a single use, water-soluble, apparatus that dissolves 100 percent. It is either a ball of shampoo, conditioner, body wash, or shaving cream that you just rub on your hands under water and lather up. Moving forward Benjamin is trying to work with top hotel distributors to create a custom line for them. With an increasing consumer demand on the emphasis of cleaner, greener, and healthier products, I have no doubt that this product is bound to really change up the health and body care industry.

Article Link: https://www.newhope.com/business-resources/walk-you-run-interview-benjamin-stern-17-year-old-founder-nohbo

ReThink to End Cyberbullying

High school is a scary place, a time full of exploration and fun, but also a time of insecurity and anxiety. In today’s technologically led world, cyber bullying has become more and more prominent. 9/10 High Schoolers that are being cyber bullied do not report it, thus leading to higher suicide and depression rates. That is why 17 year old Trisha Prabhu started ReThink,”A patented technology that effectively detects and stops online hate before the damage is done” (ReThink).

Trisha Prabhu, creator of Rethink, an app to stop cyberbullying

Trisha who has been coding since she was 10 has always wanted to make a difference. She wanted to leave her footprint in the world by creating something that can make life better for people. “This app is now used in over 1,000 schools worldwide, the app been downloaded thousands of times on Google Play and the App store, and has been introduced to over 1.3 million students in Michigan as a part of their OK2SAY cyberbullying awareness program” (Chicagoinno). This app uses an algorithm that can trace hurtful speech and will ask the writer if they want to Rethink their post due to the potential harm.

This Chicago-born student has made a difference for so many people. After launching the app in 2014 she has found that 93% of the time users notified will change their post before putting it out into the web. This kind of an impact is huge, especially in a time where social media plays a key role in the formation of children’s lives.

Entrepreneurs can learn from Trisha by taking the talents they have and combining it with the passions they have to better the world around them. Trisha received $100,000 from the Shark Tank investors and is stopping cyber bullying one post at a time.

Trisha Prabhu, creator of Rethink, an app to stop cyberbullying

Beebe, Lisa. “ReThink: How Trisha Prabhu Created an App to Stop Cyberbullying.” Like A Boss Girls, 16 July 2018, likeabossgirls.com/rethink-how-trisha-prabhu-stops-cyberbullying-at-its-source-and-gets-100k-on-shark-tank/.

Hustad, Karis. “14 Illinois Teen Entrepreneurs To Watch.” Americaninno.com, www.americaninno.com/chicago/chicago-and-illinois-teen-entrepreneurs-to-know/.

Inc. “ReThink -.” ReThink – Before the Damage Is Done, www.rethinkwords.com/.

Zollipops

In 2014, Alina Morse asked her dad a simple question to solve a prevalent issue among children: cavities. She asked, “Dad, why can’t we make a lollipop that’s good for your teeth?” This question sparked the creation of Zollipops. With help from her father and a significant amount of research, this 7 year old entrepreneur was able to make this dream a reality. But what would she call these healthy lollipops? Her little sister Lola came up with Zollipops and Alina loved it. Zollipops are a sugar free, vegan, smart, organic, and “yummy’ candy. They are made with the sweeteners xylitol, erythritol, stevia and other natural ingredients which are healthier alternatives to sugar. They also help to neutralize acidity in the mouth, which prevents bacteria that causes tooth decay to grow.

Last year, Alina made $70,000 in sales and entered the kids’ version of “Shark Tank.” Even through this remarkable success, Alina is not quite finished yet. She’s currently working on getting Zollipops into dentist offices and schools across the country!

Sources:

-https://zollipops.com/our-story/

-https://www.cnbc.com/2015/07/27/8-young-entrepreneurs-making-serious.html?slide=4