Scrubbi: The Shark Tank Success Story
Introduction
Who would have thought that a simple scrubbing tool could make a splash in the competitive world of entrepreneurship? Aaron Krause, the founder of Scrubbi, did just that when he appeared on Shark Tank in 2012. With a clever product and a lot of determination, Krause was able to secure a deal with one of the show's most notorious sharks, Lori Greiner. But what happened after the cameras stopped rolling?
The Idea Behind Scrubbi
Scrubbi is a line of scrubbing tools designed to make cleaning easier and more efficient. The tools feature a unique scrubbing surface that is gentle on surfaces but tough on grime and dirt. From pots and pans to sinks and countertops, Scrubbi's products are meant to make quick work of even the toughest messes.
The Shark Tank Pitch
Aaron Krause walked onto the Shark Tank set with confidence, pitching his product to the panel of investors. He demonstrated the effectiveness of Scrubbi, showing how easily it could remove stubborn stains and grime from various surfaces. The sharks were impressed, with Lori Greiner eventually making a deal with Krause for $200,000 in exchange for 20% equity.
Post-Shark Tank Success
After the show, Scrubbi's sales skyrocketed. With Lori Greiner's guidance and marketing expertise, the company was able to expand its product line and reach a wider audience. Today, Scrubbi products can be found in major retailers such as Walmart, Target, and Bed Bath & Beyond.
Net Worth
As of 2022, Aaron Krause's net worth is estimated to be around $10 million. This is a significant increase from his pre-Shark Tank net worth, which was reportedly around $50,000.
What Made Scrubbi a Success?
So, what made Scrubbi such a success story? According to Krause, it was a combination of factors:
- Unique product design: Scrubbi's scrubbing tools are designed to be both effective and easy to use.
- Strong marketing: Lori Greiner's guidance and expertise helped Scrubbi reach a wider audience.
- Hard work and dedication: Krause put in the effort to make Scrubbi a household name.
Conclusion
Scrubbi's success is a testament to the power of innovation and hard work. From humble beginnings to a multi-million dollar company, Aaron Krause's journey is an inspiration to entrepreneurs everywhere. With its clever design and effective marketing, Scrubbi has become a staple in many households, and its founder's net worth is a reflection of its success.