Episode 1

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Shark Tank Season 6 just kicked off and the first product into the Shark Tank is Sleeping Baby’s Zipadee-Zip. Company founders Stephanie and Brett Parker bring with them a sleeper that helps transition babies from their swaddler to a more robust sleep sack.

The product is the brain-child of stay-at-home mom Stephanie. She came up with the idea because her baby simply wouldn’t fall asleep and she was sleep deprived.

According to Stephanie:

Our daughter who had slept wonderfully while swaddled, all of a sudden started waking up multiple times acting like she was no longer comfortable in her swaddle. To top it off, she had started rolling and breaking free of her swaddle so swaddling was no longer safe. The problem was, Charlotte refused to even fall asleep without the swaddle. We tried every sleep sack on the market and any swaddle weaning trick we could find on the internet for nearly two weeks and nothing worked to get her to fall and stay asleep.

Read more at http://www.business2community.com/social-buzz/shark-tank-season-6-pitches-episode-1-sleeping-babys-zipadee-zip-01020591#FD6u4ABk2WkSgIS1.99

[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_single_image border_color=”grey” img_link_target=”_self” image=”82″ title=”Bombas” css_animation=”left-to-right”][vc_column_text]Randy Goldberg and David Heath want to be the TOMS shoes of the sock world. The men sell their high-end Bombas socks and then donate one pair to homeless shelters for every pair sold.

In an attempt to “pay it forward” the men have teamed up with an organization called Hannah’s Socks, which distributes footwear to those in need in the U.S.

Socks might not be the most exciting business model in the world, but Bombas does offer a wide variety of colors and styles to choose from.

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Since forming nine months ago the company has generated $450,000 in sales and expects to close out the year with $1.1 million. They are projecting $2.7 million in sales for 2015.

The men asked for $200,000 in exchange for a 5% equity in the company.

Mark Cuban once again bowed out, believing that the company has already reached its plateau. Lori Greiner also ditched the bidding process because the guys wanted to use the investment to hire more people to help them find new customers. Robert Herjavec also didn’t like the company’s customer acquisition model and chose not to make an offer. Kevin O’Leary was as mean as ever, calling the guys “sock cockroaches.” FUBU founder Daymond John swooped in with a $200,000 offer for a 20% equity share of the company. The men offers Daymond 15% and he countered with 17.5%.

The three men eventually agreed on $200,000, plus financing for inventory and production, for a 17.5% equity share in the company.

Bombas socks might be a very simple concept, but Twitter users were happy that they made a deal with Daymond John:

Paying it forward has proven to be a successful business model for TOMS shoes. If Bombas socks succeeds we may just see more of this business model in the very near future.

[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_single_image border_color=”grey” img_link_target=”_self” image=”92″ title=”Hammer & Nails” css_animation=”left-to-right”][vc_column_text]Michael Elliot, a resident of Los Angeles, California, wants more men to experience the luxury of manicures. To realize his dream he has plans for a chain of men-only nail salons called Hammer And Nails. Elliot tells the shark that his salon is a man-cave. Indeed his shop features leather chairs, headphones, premium television programming, and a design that focuses specifically on guys.

Elliot actually has a tough as nails upbringing to share. The entrepreneur was a ward of the state, lived on the street, and eventually started a hip-hop magazine and then produced hip-hop videos. He even sold several films to 20th Century Fox.

In the last seven months Hammer And Nails has made $150,000, and another $100,000 is expected in the next five months.

The first Hammer And Nails location charges between $23 and $129 for a variety of features.[/vc_column_text][/vc_column][vc_column][/vc_column][vc_column][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_single_image border_color=”grey” img_link_target=”_self” image=”108″ css_animation=”right-to-left” title=”Amber”][vc_column_text]

Amber is the brainchild of inventor Bill Shuey & Kyle Byrd.

The device is only 24-inches wide and 12-inches tall and attaches to wall outlets for use in public areas. The company hopes to have its product installed in airports, bars, and even parks. Business owners can offer customers a charging option with a fee attached.

Each Amber station holds up to four phones or one tablet at a time.

Amber’s inventors have also created a location-based app that allows smartphone and tablet users to find the nearest Amber station. Running out of battery power and need to charge your device quickly? The Amber station is the perfect solution for people on the go or anyone hanging out at a bar for the night.
Read more at http://www.business2community.com/social-buzz/shark-tank-season-6-pitches-episode-1-amber-phone-charging-station-01020630#kPUGAoCYcVKqAUM7.99

The station’s cost $1,000 each, and that high cost helps make them very secure. To retrieve a phone or tablet users must access the Amber station via fingerprint scanner.

The guys admit that they are “pre-revenue” but made a bold $200,000 request for 20% equity in the company.

The Sharks all agreed that better solutions will likely surface and will be offered for free to consumers.

Kyle Byrd and Bill Shuey failed to make a deal.

Twitter users pretty much agreed with the Sharks and called on people to carry a phone case with a built in additional battery.
Read more at http://www.business2community.com/social-buzz/shark-tank-season-6-pitches-episode-1-amber-phone-charging-station-01020630#kPUGAoCYcVKqAUM7.99

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