Business In A Box Shark Tank



Lori Greiner is an American television personality, inventor, and entrepreneur.She is an investor on the reality TV show Shark Tank and its spin-off Beyond the Tank.She has been known as the 'Queen of QVC' since 2000, with the premiere of her show Clever & Unique Creations. In exchange for the seven hundred thousand dollars, the Sharks would get a seventy percent stake in the Boogie Box Fitness DVD business. Dede Barbanti-Parra continues the presentation and states.

Apowersoft screen recorder offline installer. BeatBox founders on Shark Tank, 2014 (ABC photo)

BeatBox Beverages is the company that sells wine-based punch in a box. Originally designed with millennials in mind, the colorful product is also know as “portable party punch.” The three young founders of BeatBox – Justin Fenchel, Brad Schultz, and Aimy Steadman of Austin, Texas– pitched their beverage business on Shark Tank in 2014. On the show, they accepted a $1 million investment from billionaire Mark Cuban in exchange for 10 percent equity. [Bonus: 33 Shark Tank Gifts — Smart Gifts For Men, Women, Kids, Pets]

Since Shark Tank, BeatBox has used Cuban’s investment to expand distribution (it’s now available in Krogers and Ralphs grocery stores across the U.S.) and to launch a single-serve boxed beverage. The BeatBox MixTape is a resealable 500ml package available in two flavors, Fruit Punch and Blue Razzberry, and sold for under $3.50. BeatBox is currently working with celebrity entrepreneur Rob Dyrdek (host/star of MTV’s Ridiculousness) who is helping the company with a “huge packaging overhaul” so BeatBox will appeal to all demographics (21 and older). Mark Cuban recently went on Dyrdek’s TV show Ridiculousness to help promote BeatBox. See photo and video below. New episodes of Shark Tank (Season 9) air Sundays at 9pm on ABC.

A post shared by ' target='_blank'> Rob Dyrdek (@robdyrdek) on

A post shared by ' target='_blank'> BeatBox Beverages (@beatboxbeverages) on

College Junior Kaeya Majmundar pitches her product called BZ Box to the Sharks in the Shark Tank Season 5 Finale on May 16. BZ Box is a “patent pending, innovative, space-saving, and unique storage solution” that Kaeya created while still a student at Emory College.

She hasn’t come to market yet, but she’s won lots of contests: 1st Place in 2012 the Collegiate Entrepreneurs’ Organization Elevator Pitch Competition, the CEO Peoples’ Choice Award Winner, and 3rd Place in the 2013 Charlotte Venture Challenge Student Business Competition. Clearly the young woman knows how to pitch her product!

Business In A Box Shark Tank

What makes the BZ Box unique is the design. Unlike standard cardboard boxes, the BZ Box folds up without breaking down the box and quickly unfolds for re-use. Kaeya wanted to “figure out a way to create a new design for packing boxes, using origami. The idea was for the boxes to open up without assembly and to be reusable.” It’s sure to be a popular item with college students – who tend to pack up and move every few months, but moving companies would like them, too. There could also be some uses for companies who ship products.

My Take on BZ Box

Box Pilot Shark Tank

I’m actually surprised nobody invented something like this before. It’s such a simple concept, but Kaeya thought it up first. I suppose I’d use these if they were available and I was in the market for a box; it’s just not something you think about until you need it. That’s the beauty of the product: it’s something everyone uses and there haven’t been a heck of a lot of innovations in cardboard boxes. I think it’s a product that would sell well in the packaging space. I am IN.

Do Sharks Pack Up an Investment?

Kaeya clearly has the stuff to impress the Sharks, who often invest in the entrepreneur as much as the product. I think she’ll come off well in front of the Sharks, but will they like her product? BZ Box has no sales yet, they don’t even have a website! On the company Facebook page, it says “coming soon to stores,” but it doesn’t say what stores. This usually isn’t the mark of someone who gets a deal, but I think Kaeya boxes up one of the Sharks.

There aren’t as many true start-ups on the show as there were in earlier seasons. Kaeya and her business are what a lot of fans think Shark Tank should be all about: smart entrepreneurs with good products and ideas who need a bit of money and advice to have their business explode. BZ Box fits that mold and its uniqueness ought to make for multiple offers.

Business In A Box Shark Tank

Related Posts