Liberate Studio Shark Tank Update | What Happened to Liberate Studio after Shark Tank?
What is Liberate Studio?
Liberate is the first mental fitness studio in the world. Liberate virtual programs and seminars are intended to assist teams and individuals in reducing stress and increasing joy.
Each session involves participants in a series of mindfulness activities that promote calm, connection, and confidence.
Olivia Bowser is the creator of Liberate. She graduated from Syracuse University with a marketing degree, which led to numerous roles in the digital marketing sector at companies such as Foodstirs, which produces nutritious snacks and meal packages.
Olivia stated on the Live Your Personal Best show that she was motivated to create Liberate because she observed there were a lot of tools for physical fitness but not so many for mental wellness.
Who is the founder of Liberate Studio?
Olivia Bowser is the founder of Liberate. She founded the company in May 2020, during the global Covid-19 shutdowns, as a means to cope with the mental health concerns she and many others experienced as a result of isolation.
Bowser, like many others, is a fitness fanatic. She worked out six days a week, but she wanted something to enhance her “mental fitness.”
She discovered that performing yoga and meditating benefited her mental condition, and she wanted to combine what she liked best about attending to gym courses with “mental fitness routines.”
She set out to develop her virtual mental fitness studio with her considerable knowledge in digital marketing and other abilities.
Liberate was the end consequence. It is made up of a series of 15-minute, 30-minute, or 60-minute sessions that cover various elements of mental health. Confidence building, resilience, meditation, and other topics are covered in classes.
Classes are either live or recorded if you are unable to attend in person. There are also some textual resources available for themes such as journaling. Olivia, a trained meditation and mindfulness teacher and yoga instructor, and four other qualified teachers lead classes.
Live classes are held on Zoom twice a week, and videos may be accessible on the website. Each week, at least four new classes are added. The monthly fee is $19 or $99 for the entire year.
What Happened to Liberate Studio at Shark Tank pitch?
In Shark Tank episode 1311, Olivia Bowser seeks investment in Liberate, her mental fitness facility. She wants a Shark to assist her in expanding the breadth of her program.
Olivia appeared on Shark Tank in seeking of $200,000 in exchange for a 10% stake in her firm, which was worth $2 million.
She promises them the finest exercise of their life as she unpacks a yoga mat and a diary. She discusses the company and the classes.
Kevin wonders if she’s building a cult and how he’ll earn money with any of this nonsense. She describes the subscription model and claims that the B2B sector generates the majority of her revenue, accounting for 65 percent of her total revenue. She has a lifetime sales total of $50,000.
When Robert doubts the valuation, Olivia claims that margins are over 90% and the company is growing at a rate of 178% from quarter to quarter while establishing a scalable system, staff, and curriculum.
The prior month’s sales were only $7500. Robert claims that she lacks scalability and that her corporate initiative is too low-cost.
Mark claims that the Mavericks have a full-time team psychologist, so he believes in her business; but, she fails to scale it correctly, so he’s out. Robert says that she’s too early, and he’s out. She declares that she will not go without a deal.
Daymond like what she’s doing, but because she hasn’t figured it out yet, he’s out too. Lori, while the other Sharks yell her name, says that she’s out because she’s at a point where she’s finding out what she’s doing.
Kevin tells her that it’s heading to zero and that she should take it behind the barn and shoot it; he’s out. Olivia eventually left the pitch without a deal.
What Happened to Liberate Studio after Shark Tank?
After the episode was aired and Olivia exited the pitch with no deal, the company is still operating as of January 2022 with $50,000 in lifetime sales.
Competitors of Liberate Studio
Liberate Studio’s competitors include Headspace, Calm App, and Mindfulness.org.
Net Worth of Liberate Studio
The company valuation was $2 million during and after the pitch, since then the company is still operating as of January 2022 with $50,000 in lifetime sales.
Liberate Studio FAQs
What is Liberate Studio?
Liberate is the first mental fitness studio in the world. Liberate virtual programs and seminars are intended to assist teams and individuals in reducing stress and increasing joy. Each session involves participants in a series of mindfulness activities that promote calm, connection, and confidence.
Who is the inventor?
Olivia Bowser is the inventor of Liberate. She graduated from Syracuse University with a marketing degree, which led to numerous roles in the digital marketing sector at companies such as Foodstirs, which produces nutritious snacks and meal packages.
How much was seeking on Shark Tank?
Olivia was seeking for $200,000 for 10% stake of Liberate in the 1311 Shark Tank episode.
Did she have the deal from the Shark Tank during the episode?
No, she didn’t have a deal during the episode.
Is Liberate Studio still in business?
As of January 2022, the company is still operating as of January 2022 with $50,000 in lifetime sales.
Where is Liberate Studio located?
Liberate is located at Dallas, Texas.
How much is Liberate Studio?
The cost of the service is $19 a month or $99 for the entire year.
What is Liberate Studio’s revenue model?
Liberate Studios’ revenue model involves a subscription based service, much like many other ventures in the fitness industry.
The company also has potential to rise in terms of profitability as more and more users are attracted to the benefits of their service. The company also utilizes direct sales for its products and services.
Is Liberate Studio a Franchise?
Liberate is not currently a franchise, but the company is open to taking on new partners and diversifying its reach.
What does a class entail?
They teach the lessons using Zoom, and subscriber may turn on their camera so they can see each other’s gorgeous faces! Every 60-minute session begins with intention setting, followed by 10 minutes of yoga, 10 minutes of journaling and conversation, and a grounding meditation.
Where can I enroll Liberate Studio classes?
All lessons are currently done online, so subscribers may attend from anywhere! As COVID constraints allow, they provide in-person classes in Los Angeles.
How long does a Liberate class last?
Classes range in length from 5 to 60 minutes.
How should I dress for Liberate Studio class?
They encourage that people dress comfortably or in Activewear. Most lessons involve 10 minutes of mild yoga, so they’ll want to feel comfortable doing it. They focus on sitting stretching in a Gentle Flow or Express session, so any clothing will do!
What should I bring to Liberate Studio class?
For the movement section of class, they’ll need a yoga mat or a big towel. If they don’t have either, make room for mobility! Please bring a pen and paper, as well as Sporty if they want to listen to music throughout class. Bring an open mind, most crucial!
Is it possible to buy a membership of Liberate Studio?
Yes! They advise users to sign up for a membership here in order to expand their practice. The more people train their mental well-being, the stronger they grow, much like physical fitness.
Does Liberate Studio teach private classes?
They certainly do! They teach individual courses for everything from birthdays to reunions to hangouts and everything in between. In addition, they’ll personalize the theme and music for their session to ensure it’s great for their team.
How can I terminate Liberate Studio membership?
They are sad to see subscribers depart! Select the “Purchases” link from their profile page. Find Subscription and press the cancel button. After that, confirm their cancellation.
What is the net worth of Olivia Bowser?
Olivia Bowser’s net worth is still unknown as of January 2022.