BeardBrand Shark Tank Updates |BeardBrand after the Shark Tank Pitch
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What is BeardBrand?
BeardBrand is an American men’s grooming firm that is based in Austin. It sells beard, hair, skin, and mustache grooming, style, and maintenance products.
Eric Bandholz worked as a financial adviser at Merrill Lynch in Spokane, Washington, before launching BeardBrand.
Bandholz was dissatisfied with the company’s “no facial hair” policy and left to start a beard grooming business.
A trip to the West Coast Beard & Mustache Championships in Portland, Oregon, inspired him.
He soon started a blog and a YouTube channel dedicated to “the bearded lifestyle.”
When he received early notification of an interview with the New York Times, he started an Urban Beardsman online forum and began selling things online in the fall of 2012.
With only $30 in his pocket, he set up an internet business and began selling things! Since then, the Beard Brand company has developed naturally and is now profitable.
Who Founded BeardBrand?
Eric Bandholz is the founder of BeardBrand.
What happen to BeardBrand at the Shark Tank Pitch?
On October 31, 2014, Bandholz appeared on an episode of Shark Tank in an effort to accrue more funding for Beardbrand.
Eric grooms his beard during a beard and mustache competition in the first scene. He reveals how he’s expanded his company without never paying himself a penny.
Eric enters the Tank and begs for $400K in exchange for 15% of the company, which brings the company’s valuation at $2,666,666.67.
Eric defines an Urban Beardsman and discusses how he founded his society. While describing the revival of the beard, he puts some beard oil on his beard. The Sharks get beard kits from him.
Mr. Wonderful isn’t pleased with the price. Eric made over $800,000 in sales in his first 18 months of operation, and $1.2 million this year.
Lori stands up and brushes her hand across the beard, but Daymond quips that he isn’t comfortable touching another man’s beard.
Mark believes he should focus on the high-end beard oils, which account for 60% of their revenue and have 80% margins.
Mark feels getting his money back would be too difficult, so he’s out.
Robert doesn’t have a beard, and he’s also out. So to Lori.
Mr. Wonderful, who believes the business isn’t worth what Eric is asking, has decided to leave as well.
Daymond says he loves Eric, but not the price tag, so he’s gone as well.
BeardBrand after Shark Tank Pitch
In the immediate aftermath of the show, sales went way up, as is usually the case with the Shark Tank Effect. Eric continued to grow his business and community.
As of March 1, 2019, the company has more than 1,000,000 subscribers on their YouTube channel.
Their channel includes videos that include information about beards, grooming tips, barbershop videos and other videos related to maintaining a beard.
Fast forward to August, 2021 and they’ve added fragrances, hair and skin care products to the line. The company is doing well with $7 million in annual revenue
BeardBrand Net Worth
When Eric appeared on the show, he announced he was hoping to secure a $400,000 investment in exchange for 15% in his business, a valuation of $2,666,666 million of his company.
BeardBrand Competitors
There are a number of competitors in the facial hair and beard industry. Some notable ones include: Beard Lab, Beardo, The Man Company, Rituels, Bravo Sierra, Harry’s, Bombay Shaving Company, Beardbase, Mancaveinc.
BeardBrand FAQS
Did Beardbrand get a deal Shark Tank?
In 2014, Beardbrand founder and CEO Eric Bandholz appeared on an episode of the television series Shark Tank, but unfortunately didn’t get an investment from the sharks.
What episode was Beardbrand on Shark Tank?
It was season 6 episode 7.
How do they get curls out of their Beard?
Facial hair is truly flat, unlike the cylindrical hair on your head. As a result, even if you have straight head hair, your beard will curl.
Where is BeardBrand?
Beardbrand is an American men’s grooming company based in Austin, Texas.
Who owns BeardBrand?
Eric Bandholz is the owner of BeardBrand.
Where does Beardbrand ship from?
At Beardbrand, we have an office in Austin, Texas; our fulfillment center is located in Spokane, Washington.
What are some of your favorite ways to use Beardbrand products?
To use Beard Wash, just apply a small amount to your beard in the shower (about a quarter’s worth) and massage into a mild lather.
Cleanse your beard and enjoy your favorite scent! After that, use your Beard Softener to finish the job. Beard Softener is a beard conditioner that is similar to hair conditioner.
Is Eric Bandholz still with Beardbrand?
Eric Bandholz is the founder of Beardbrand and he is currently resides in Austin, TX with his wife and a daughter
When was Beardbrand founded?
It was founded in the year 2012.
What is Beardbrand alliance?
The Alliance is a private, online community for people who want to improve themselves and others. Grooming isn’t the only thing the Alliance focuses on. Our members are passionate about talking about men’s grooming, style, and life in general.
Does BeardBrand ship to UK?
Yes, we do ship to international countries
Why did Eric Bandholz leave for Beardbrand?
Bandholz disapproved of the company’s “no facial hair” policy and decided to leave in favour of starting a beard grooming company.
When was Beardbrand on Shark Tank?
In 31 October2014, Beardbrand founder and CEO Eric Bandholz appear on Shark Tank.
What is the meaning of a Bandholz beard?
The Bandholz has a beard that is attached to a moustache. The beard isn’t cut off at 20 cm; it’s left to grow as long as it wants.
How often should they wash their beard over the week?
It all relies on how you live on a daily basis. Washing your beard twice a week is recommended. These beard shampoo, on the other hand, has been designed to be used on a regular basis if necessary.
What exactly is the distinction between Beard oil and Utility balm?
Beard Oil and Utility Balm are both leave-in conditioners that moisturize, soften, condition, and fragrance your beard.
Utility Balm, on the other hand, can be used as a skin moisturizer anywhere on your body to cure dry skin.
Utility Balm contains wax as well. As a result, it can help give your beard a light amount of grip and weight.
How can they get such a thick, full beard?
A process known as “Genetic Growth” is mostly responsible for the development of a thicker, fuller beard.
They can, however, do a few things to help in hair growth. We encourage people to eat a healthy diet, exercise regularly, and take all of their vitamins.
