Beard King Shark Tank Net Worth: How Much is He Worth?
Beard King Shark Tank Net Worth: What You Need to Know
The Beard King is a beard care company that was founded in 2012 by Eric Bandholz. The company quickly gained popularity thanks to its unique products and Bandholz’s charismatic personality. In 2014, the Beard King appeared on the hit TV show Shark Tank and secured a deal with investor Mark Cuban.
Since then, the Beard King has continued to grow and expand. The company now sells its products in over 100 countries and has a loyal following of customers. In this article, we’ll take a closer look at the Beard King’s net worth and how the company has grown since its appearance on Shark Tank.
| Episode | Air Date | Net Worth |
|---|---|---|
| Season 11, Episode 17 | April 11, 2019 | $12 million |
Beard King Shark Tank Appearance
Beard King is a beard care company that was founded in 2012 by brothers Eric and Jason Seifert. The company sells a variety of beard products, including oils, balms, shampoos, and conditioners. Beard King appeared on the Shark Tank in season 8, episode 14. The company was seeking an investment of $500,000 in exchange for 10% equity.
The Sharks were initially interested in the company, but they were concerned about the brothers’ lack of experience in the business world. However, after a demonstration of the Beard King products, the Sharks were impressed with the quality of the products and the brothers’ passion for the business.
In the end, the Beard King brothers made a deal with Mark Cuban and Lori Greiner. Cuban invested $500,000 in the company in exchange for 20% equity.
Investment Amount
The Beard King brothers received a total investment of $500,000 from Mark Cuban and Lori Greiner on the Shark Tank.
Sharks Involved
The Beard King brothers made a deal with Mark Cuban and Lori Greiner on the Shark Tank.
Products Sold
Beard King sells a variety of beard care products, including oils, balms, shampoos, and conditioners. The company also sells a line of beard grooming tools, such as brushes, combs, and scissors.
Net Worth After Appearance
It is difficult to estimate the Beard King’s net worth after its appearance on the Shark Tank. However, the company has seen significant growth since its appearance on the show. In 2016, the company’s revenue was estimated to be $2 million. In 2017, the company’s revenue was estimated to be $4 million.
Beard King’s Business Today
Beard King has continued to grow since its appearance on the Shark Tank. The company has expanded its product line and its distribution network. Beard King is now sold in over 1,000 stores nationwide. The company also has an online store that ships products worldwide.
Growth Since Shark Tank
Beard King has seen significant growth since its appearance on the Shark Tank. In 2016, the company’s revenue was estimated to be $2 million. In 2017, the company’s revenue was estimated to be $4 million.
Products and Services Offered
Beard King sells a variety of beard care products, including oils, balms, shampoos, and conditioners. The company also sells a line of beard grooming tools, such as brushes, combs, and scissors.
Revenue and Profits
It is difficult to estimate the Beard King’s revenue and profits. However, the company has seen significant growth since its appearance on the Shark Tank. In 2016, the company’s revenue was estimated to be $2 million. In 2017, the company’s revenue was estimated to be $4 million.
Customer Base
Beard King’s customer base is primarily men who are looking for high-quality beard care products. The company’s products are also popular with women who are looking to help their husbands or boyfriends grow and maintain a healthy beard.
Beard King is a successful beard care company that has seen significant growth since its appearance on the Shark Tank. The company has expanded its product line, its distribution network, and its customer base. Beard King is a great example of how a small business can use the Shark Tank platform to achieve its goals.
3. Beard King’s Impact on the Beard Industry
The popularity of beards has been on the rise in recent years, and Beard King has been at the forefront of this trend. The company’s products have been featured in major media outlets such as The New York Times, The Wall Street Journal, and GQ, and the company has a strong social media presence with over 1 million followers on Instagram.
Beard King’s success has helped to legitimize the beard industry and has made it more mainstream. The company has also helped to educate consumers about the benefits of having a beard, such as its ability to protect the skin from the sun and to keep the face warm in cold weather.
In addition to its impact on the general public, Beard King has also had a significant impact on the beard industry itself. The company has helped to create a demand for beard products, and has inspired other companies to enter the market. Beard King has also helped to raise the standards for beard products, and has made it more difficult for low-quality products to succeed.
Overall, Beard King has had a positive impact on the beard industry. The company has helped to legitimize the beard, educate consumers about the benefits of having a beard, and create a demand for beard products. Beard King has also inspired other companies to enter the market, and has helped to raise the standards for beard products.
4. Beard King’s Future Prospects
Beard King is a well-established company with a strong brand and a loyal customer base. The company is also well-positioned to take advantage of the growing demand for beard products. However, Beard King faces a number of challenges, including competition from other beard companies, the need to constantly innovate, and the need to manage its growth.
Despite these challenges, Beard King has a number of opportunities to grow its business. The company could expand its product line to include new products such as beard oils, beard balms, and beard shampoos. Beard King could also expand its distribution channels to include online retailers and brick-and-mortar stores. The company could also consider international expansion.
Overall, Beard King has a bright future. The company is well-positioned to take advantage of the growing demand for beard products. However, Beard King will need to overcome a number of challenges in order to achieve its full potential.
Beard King is a leading company in the beard industry. The company has helped to legitimize the beard, educate consumers about the benefits of having a beard, and create a demand for beard products. Beard King is well-positioned to take advantage of the growing demand for beard products. However, the company faces a number of challenges, including competition from other beard companies, the need to constantly innovate, and the need to manage its growth.
Despite these challenges, Beard King has a bright future. The company has a strong brand, a loyal customer base, and a number of opportunities to grow its business. With careful planning and execution, Beard King can achieve its full potential and become a global leader in the beard industry.
Q: What is Beard King’s net worth?
A: Beard King’s net worth is estimated to be $10 million.
Q: How much did Beard King make on Shark Tank?
A: Beard King made a deal with Mark Cuban for $200,000 in exchange for 20% equity.
Q: How many products does Beard King sell?
A: Beard King sells a variety of beard care products, including beard oils, balms, shampoos, and conditioners.
Q: Where can I buy Beard King products?
A: Beard King products are available for purchase online at BeardKing.com and at select retailers.
Q: What is the best Beard King product?
A: The best Beard King product is subjective, as different people have different preferences. However, some of the most popular products include the Beard Oil, the Beard Balm, and the Beard Shampoo.
Q: How do I use Beard King products?
A: The instructions for using Beard King products are included with each product. However, some general tips include:
- Apply Beard Oil to your beard after washing it with Beard Shampoo.
- Use Beard Balm to style your beard and keep it moisturized.
- Use Beard Conditioner to help keep your beard soft and manageable.
Beard King is a successful company that has grown rapidly since its appearance on Shark Tank. The company’s unique products and marketing strategies have helped it to capture a large share of the beard care market. Beard King’s net worth is estimated to be $10 million. The company’s founders are passionate about beards and are committed to providing high-quality products and services to their customers. They are also dedicated to giving back to the community, and they have donated a portion of their profits to charities that support veterans and those in need.
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