11 Most Successful Shark Tank Businesses

Ever since being hooked on to Shark Tank, we have come across so many brilliant entrepreneurs and business ideas that it just has us wondering which the most successful Shark Tank businesses of all time are. For those who still have no idea what I’m talking about, Shark Tank is a popular and much acclaimed American reality TV series that features aspiring entrepreneurs as contestants as they make their pitches to a panel of shark investors.

For contestants who land up on the coveted platform, it is a golden opportunity to be able to showcase their products to billionaire tycoon investors of the likes of Mark Cuban, Barbara Corcoran, Lori Greiner, Robert Herjavec, Kevin O’Leary and Daymond John. But even the ones who have failed to excite the ‘sharks’, actually have gained an edge just from being on the show for their products are showcased in front of some 10 million viewers at one go! Most of them experience notable sales pick up after appearing on the show and tap potential customers easily. Hence, it’s a win-win either way!

The business ideas that some of these entrepreneurs come up with are the most interesting, novel and sometimes downright bizarre that it not only amuses us but also inspires us to dig into our imagination and come up with brilliant innovation ourselves. Because, apparently, everything from personalized cat drawings to hand-knit wine bottle wraps, is a potentially successful business idea these days!

But, if you are an aspiring entrepreneur who is looking to give crazy a miss, you could try The 7 Most Popular Businesses You Could Start. Who knows maybe a little improvisation on them and you could even make a pitch at Shark Tank yourself.

As the show rolls into its sixth season and more unique business ideas are coming up, let’s take a look back at the ones who did actually turned into big success stories and examples for others. Intrigued? Read on then!

11. ChordBuddy

Travis Perry had been a music teacher for 30 years before coming up with the genius ideas that was Chordbuddy, a device that could help beginners learn their chords faster. It was a hit with Robert Herjavec who bought 20% stake in the business and Travis has since then produced a line of his guitar.

10. Kisstixx

A flavored duo lip balm that you can mix and match for a never before kissing experience was the idea that earned creators Dallas Robinson and Mike Buonomo a $2,00,000 deal from MarkCuban for 40% of the business. The product gained overnight popularity and sales escalated at insane rates right after their appearance on the show.

9. Ava the Elephant

The idea was sweet and simple – a friendly medicine dispenser for kids to take their medicine a little more happily. But it earned feisty entrepreneur Tiffany Krumins the support of Barbara Corcoran and Ava has since then set her sales foot forward in over 10 countries and 10,000 retail stores.

8. Lollacup

For couple Mark and Hannah Lim not being able to find a good straw cup for their 9 year old daughter led to the creation of their own version and a $1, 00,000 deal for a 40% stake. Lollacup’s USP was being able to drink every last drop in the cup which ushered in a sale of $1 million.

7. Wicked Good Cupcakes

Mother and daughter Danielle Vilagie and Tracey Noonan’s cupcakes in a jar were an instant hit in season four and Kevin O’Leary ended up providing them with $75,000 for royalties. What came next were expansion plans, moving into new locations and rising sales which is nearing $3 million.

6. Cousins Maine Lobster

The lobster rolls that cousins Sabin Lomac and Jim Tselikis from Maine, made for their food truck was apparently too delicious for the investors to resist. The company went on to make a whopping $3.5 million in sales since then while their food trucks have now been open to franchise across US.

5. Thirty One Productions

Melissa Carbone bagged an astonishing $2 million deal for 20% equity in her live horror entertainment company from Mark Cuban. Melissa now tickets through Live Nation for a national audience and expects to hit sales of $3 million by this year.

4. Breathometer

Charles Yim made a portable breath analyzer that works with a smartphone and instantly cut a $6,50,000 deal for 30% of the company. He went on to receive some more investment from Cleaveland Clinic and expects to make extraordinary $10 million sales this year.

3. Tower Paddle Boards

Stephen Arstol overcame jitters to finish his sales pitch and thank god he did, because the company went on to hit the million-mark in just a few months after the appearance on the show. His Tower Paddle Boards are now available in over 40 countries.

2. Readerest

It might have been only a piece of metal with two magnets but the Readerest earned Rick Hopper, Lori Greiner’s support who saw the potential successful product in the simple idea. The usefulness of the product was since then quickly recognized by customers and Hopper saw some sky rocketing sales reaching up to $8 million, along with some other lucrative deals.

1. Scrub Daddy

Do not underestimate the simple smiley shaped sponge, because it went on to be the biggest and most successful shark tank business in history. Who would have thought just creating lemon scented, durable sponges would get Aaron Krause staggering sales of $18 million and counting!