My Wonderful Life Shark Tank Net Worth 2023
Nancy Bush and Sue Kruskopf appeared on Shark Tank in search of $100,000 in exchange for a 10% stake in the company they represented. This equates to the business having a valuation of $1 million.
Since then, the company has grown and their current valuation is likely higher due to the added success and potential that investors see.
What is My Wonderful Life?
My Wonderful Life” is a free online service that enables users to plan and personalize their own funeral or the funeral of a loved one in advance. With this simple and innovative platform, individuals can ensure that their final wishes are carried out in a way that reflects their unique life and personality.
The founders of “My Wonderful Life” are Nancy Bush and Sue Kruskopf, who are based in Minneapolis, Minnesota. They were inspired to create this service after experiencing the difficulty of planning a funeral for Nancy’s husband, John, who passed away from cancer at the age of 53.
Despite having over a year to prepare, John found it challenging to communicate his funeral wishes to his family as he believed it would be a sign of giving up.
Eventually, Nancy’s friends and family organized a beautiful end-of-life celebration for John, but Sue and Nancy couldn’t help but think how much easier it would have been if John had been able to go online to express his wishes and leave messages and tributes for his loved ones.
This experience motivated them to create “My Wonderful Life” as a solution for others facing similar challenges. With this service, users can plan their own funeral or that of a loved one with ease, ensuring that their final wishes are respected and honored in a meaningful way.
What Happened to My Wonderful Life at the Shark Tank Pitch?
Nancy Bush and Sue Kruskopf pitched their company on Season 3 Episode 1 of Shark Tank, seeking a $100,000 investment for a 10% stake in their company, which was valued at $1 million. The Sharks were initially surprised when the entrepreneurs opened with an unusual question about mortality.
The business idea was a website where users could design their own services and convey their final wishes. The entrepreneurs hoped that users would start with the free online service and upgrade to the commercial features they provide.
Kruskopf gave an example of how the website could be used to organize and pre-pay for funeral services, using Kevin O’Leary as an example.
The Sharks were curious about how the company would make money. Bush explained that they had recently partnered with a large insurance firm to create the “My Wonderful Life policy,” which is an insurance plan that allows people to pre-pay for their own funerals. The company would earn a 5% commission on each policy sold.
However, the Sharks had concerns about the lack of proprietary technology and the competition from funeral homes.
They also noted that the company had not made any money despite having 7,000 subscribers in three years. Ultimately, all of the Sharks passed on the opportunity to invest in the company.
What Happened to My Wonderful Life after the Shark Tank Pitch?
On the night the episode was broadcasted, the website experienced a surge in traffic, surpassing 1000%. This influx of new users proved to be enough to sustain My Wonderful Life’s operations.
Presently, the website is still active, and the associated social media accounts are frequently updated, which suggests that the business is profitable. Despite the Sharks’ inability to see the potential for profitability, the My Wonderful Life team persisted in their belief in their enterprise and turned their unique concept into a lucrative venture.
In 2019, the company was recognized as the leading online funeral planning tool that helps individuals plan memorial services that are meaningful and enjoyable. As of July 2021, the company continues to operate and generates annual sales of $900,000.
What is the Net Worth of My Wonderful Life?
Nancy Bush and Sue Kruskopf appeared on Shark Tank in search of $100,000 in return for a 10% stake in the company. This equates to a $1 million valuation.
Current valuation is evidently higher since the Company has grown.
Who are the Competitors of My Wonderful Life?
There are no competitors identified for My Wonderful Life.
My Wonderful Life Shark Tank Updates
Nancy Bush and Sue Kruskopf appeared on Shark Tank seeking a $100,000 investment for a 10% stake in their company, My Wonderful Life, which was valued at $1 million. My Wonderful Life is a free website that helps people plan their own funeral services and express their wishes for their final farewells.
The Sharks were initially surprised when the entrepreneurs opened with an unusual question about mortality. Although the Sharks were not convinced that the business model was profitable, the “Shark Tank Effect” boosted interest in the company.
The website’s traffic increased by over 1000% on the night the episode aired, and the influx of new memberships was enough to carry My Wonderful Life forward.
Today, the My Wonderful Life website is still active, and the associated social media accounts are frequently updated, which suggests that the business is profitable. However, it appears that the business has not made any real money yet.
Despite the Sharks’ inability to see the potential for profitability, the My Wonderful Life team persisted in their belief in their enterprise and turned a unique idea into a business.
My Wonderful Life Updates
My Wonderful Life is a website that provides funeral planning tools to help people plan their own funeral or help a loved one.
The website offers personalized memorial celebration services and extensive resources full of advice, ideas, and inspiration to help people make a plan that truly represents their wonderful life. Users can share their plan and their story with their loved ones so they can carry out their wishes.
They can also invite their loved ones to help create their plan or contribute to their story.
My Wonderful Life was featured on Shark Tank in 2012, where the owners, Nancy Bush and Sue Kruskopf, asked for $100,000 in exchange for 10% of the business.
Although the Sharks were not convinced the business model was ripe for the picking, the “Shark Tank Effect” boosted interest in the company. The website’s traffic increased by over 1000% on the night the episode aired, and the influx of new memberships was enough to carry My Wonderful Life forward.
Today, the website is still active, and the social media pages are regularly updated, seeming to indicate a successful business.
However, it appears that My Wonderful Life may have died out. After their failure on Shark Tank, the owners appeared to keep up with their business and social media. The My Wonderful Life site is still up, and their Facebook page is sporadically updated to this day.
It is unclear whether the website is still actively providing funeral planning tools or if it is simply being maintained without updates.
My Wonderful Life Shark Tank Table Summary:
| CATEGORY | INFORMATION |
| Company Name | My Wonderful Life |
| Founders | Nancy Bush and Sue Kruskopf |
| Valuation | $1 million (at the time of Shark Tank pitch) |
| Investment | Sought $100,000 for a 10% stake in the company |
| Service | A free online service that enables users to plan and personalize their own funeral or the funeral of a loved one in advance |
| Revenue | Generates annual sales of $900,000 (as of July 2021) |
| Competitors | None identified |
| Shark Tank Pitch | All Sharks passed on the opportunity to invest |
| Shark Tank Effect | Website’s traffic increased by over 1000% on the night the episode aired |
| Updates | The business is still active and profitable |
My Wonderful Life FAQS
What Is My Wonderful Life?
My Wonderful Life is a Polish drama that was released in 2021 and is available on Netflix. The film follows the life of Joanna, a middle-aged woman who is trying to balance being a mother, daughter, grandmother, wife, lover, housewife, and high-school teacher.
Joanna is struggling to keep up with the demands of her everyday life and is on the verge of breaking down[2]. She is having a secret love affair with the father of one of her students, and her life is further complicated when she is blackmailed with a series of letters and compromising photos.
The film explores the struggles of modern women who play multiple thankless roles. It highlights the facade of a perfect family and the consequences of secrets and lies. My Wonderful Life is a bummer, and it captures the way women can crumble under the pressure of their everyday lives.
The film is a delight to watch, and every character has their own quirks and agenda. The on-screen world shimmers with melancholy, joy, anger, and regret, all at once.
In summary, My Wonderful Life is a Polish drama that explores the struggles of modern women who play multiple roles. The film follows the life of Joanna, a middle-aged woman who is trying to balance being a mother, daughter, grandmother, wife, lover, housewife, and high-school teacher.
The film highlights the facade of a perfect family and the consequences of secrets and lies. My Wonderful Life is a bummer, but it is a delight to watch, and every character has their own quirks and agenda.
How Does My Wonderful Life Works?
My Wonderful Life is a Polish drama film directed and written by Lukasz Grzegorzek. The film follows the story of Jo, a middle-aged woman who is struggling to balance her life between her dead married life and a secret affair.
Jo is an English teacher who supports her students and family, but she is not happy in her married life. The film explores the way women play multiple thankless roles and the madness of mundanity.
The film stars Agata Buzek in the role of Jo, Jacek Braciak as Witek Lisiecki, and Adam Woronowicz as Maciek. Jo is having a secret love affair with the father of one of her students, and these clandestine meetings are full of fun, sex, and marijuana smoke.
However, Jo’s life takes a turn when she receives a series of letters and compromising photos from an unknown person who is blackmailing her. Jo will need to decide what kind of life she wants to live from now on.
My Wonderful Life is a bummer, and it gets caught up in overlong, unnecessary exchanges, and unexplored storylines that seem as though they might go somewhere and then wind up forgotten or neglected.
The film relies a lot on anticipation and anxiety, which psychologically challenges the audience. Although shaken, Jo doesn’t end her behavior, and when the pressures come to a head, the family confronts her.
The film tries to depict the struggles of a modern woman in a sprawling dysfunctional family, but not much happens.
What Happened To My Wonderful Life After Shark Tank?
My Wonderful Life is a free website that helps people plan their funeral and express their wishes for their final farewell. Nancy Bush and Sue Kruskopf appeared on Shark Tank in Season 3, Episode 1, seeking a $100,000 investment for a 10% stake in their company, which was valued at $1 million.
The Sharks were initially surprised when the entrepreneurs opened with an unusual question about mortality.
Although the Sharks did not invest in My Wonderful Life, the website experienced a surge in traffic, surpassing 1000% on the night the episode aired, and the influx of new users was enough to sustain the company’s operations.
As of July 2021, My Wonderful Life is still in business and doing $900,000 in annual revenue. The website is still active, and the social media pages are regularly updated, suggesting that the business is still operational.
Although the Shark Tank investors were not convinced that My Wonderful Life was worth the $1 million dollar valuation, the company is still in operation and appears to be doing well.
What Is The Current Valuation Of My Wonderful Life?
As of 2023, the current valuation of My Wonderful Life is estimated to be around $2 million USD. However, it is worth noting that the company has experienced tremendous growth since appearing on Shark Tank, and its current valuation may be higher than this estimate.
My Wonderful Life is an online funeral planning tool that was pitched on Shark Tank by Nancy Bush and Sue Kruskopf, who received an investment of $100,000 for 10% of the company. The company offers various plans and pricing options for its online tools to help plan a funeral or memorial celebration.
Is My Wonderful Life Still In Business?
Yes, My Wonderful Life is still in business as of 2021. The company is an online funeral planning tool that allows people to plan their own services and express their wishes for their final farewells. The website is still active, and the social media pages are regularly updated, indicating a successful business.
As of July 2021, the company generates $900,000 in yearly sales.
Although the Sharks on Shark Tank were not convinced that My Wonderful Life was worth the $1 million dollar valuation that the founders put on the business, the company has continued to grow and attract customers.
The lack of a proven business plan that was making money had all the Sharks dropping out in quick fashion. However, the influx of new memberships after the episode aired was enough to carry My Wonderful Life forward.
In summary, My Wonderful Life is still in business and generating revenue as of 2021. The company offers a unique service that allows people to plan their own funeral services and express their final wishes.
Although the Sharks on Shark Tank were not convinced of the company’s value, the company has continued to grow and attract customers.
What Is My Wonderful Life And How Does It Work?
My Wonderful Life is an online funeral planning service that allows users to plan their own funeral or help a loved one plan theirs. The website offers easy-to-use and inspiring funeral planning tools that take the burden off loved ones and help create a personalized memorial celebration.
Users can create a plan that reflects their wishes and share it with their loved ones. The website also provides extensive resources full of advice, ideas, and inspiration to help users make informed decisions about their funeral arrangements.
During their appearance on Shark Tank, the founders of My Wonderful Life, Nancy Bush and Sue Kruskopf, demonstrated how the website can be used to plan and even pre-pay for funeral services.
The website partners with an insurance company to offer users the option to purchase funeral insurance policies, and My Wonderful Life makes 5% on the sale of each policy.
However, the Sharks were not convinced that the business model was profitable, and all of them passed on the opportunity to invest in the company.
Who are the founders of My Wonderful Life?
The founders of My Wonderful Life are Nancy Bush and Sue Kruskopf.
What Was The Outcome Of My Wonderful Life Shark Tank Pitch?
The outcome of My Wonderful Life Shark Tank pitch was that none of the Sharks invested in the company. The founders, Nancy Bush and Sue Kruskopf, were seeking $100,000 in exchange for a 10% stake in the company, which valued it at $1 million.
The Sharks were not convinced that the business model was profitable, citing concerns about the lack of proprietary technology and the difficulty of acquiring customers. Despite the boost in website traffic and new memberships after the episode aired, the company did not secure any investment from the Sharks.
However, the website is still active, and the social media pages are regularly updated, suggesting that the business is still operational.
Did Any Of The Sharks Invest In My Wonderful Life?
No, none of the Sharks invested in My Wonderful Life. Despite the increase in website traffic and new memberships after the episode aired, the Sharks were not convinced that the business model was profitable.
The lack of a proven business plan that could generate revenue and the competition from funeral homes were some of the concerns raised by the Sharks. As a result, all of the Sharks passed on the opportunity to invest in the company.
What Happened To My Wonderful Life After The Shark Tank Pitch?
There are conflicting reports about what happened to My Wonderful Life after the Shark Tank pitch. According to some sources, the website is still active, and the social media pages are regularly updated, suggesting that the business is still active.
The “Shark Tank Effect” boosted interest in the company, and the website’s traffic increased by over 1000% on the night the episode aired, and the influx of new memberships was enough to carry My Wonderful Life forward.
However, other sources suggest that the company died out after the Shark Tank pitch. There is no information on whether the company has grown or secured funding from other sources.
How much was they seeking in the Shark Tank Pitch?
The founders of My Wonderful Life were seeking $100,000 for 10% stake in their Company.
What is the website of My Wonderful Life?
The website for My Wonderful Life is www.mywonderfullife.com
How much does it cost to use My Wonderful Life?
There is a 30-day free trial that allows people to experiment with their planning and story-telling tools, such as uploading and saving their favourite photographs, videos, audio recording, and music.
They’ll always have access to their website, which is chock-full of free funeral inspiration and ideas.
Is My Wonderful Life still business?
The firm is still in operation and generates $900,000 in yearly sales as of July 2021.
Do they have to pay for their funeral on the site?
No. This is a website where they may arrange it so that their loved ones are aware. Some members save money. They can notify them via their website.
Are they associated with the funeral industry?
No, they are not connected in any manner. They are independent and provide an impartial viewpoint.
What exactly is a member?
They become a Member when they create an account on MyWonderfulLife.com.
What exactly is a Legacy Member?
Someone who was a member before October of 2019.
Can somebody open an account on behalf of someone else?
If they wish to be active in the site, they may guide them through the procedure and help them choose a password.
When was My Wonderful Life aired on Shark Tank Pitch?
My Wonderful Life was aired on Shark Tank pitch in January 20th, 2012.
How does My Wonderful Life makes money?
The insurance company collects the funds for the pre-paid funeral, and the My Wonderful Life team keeps 5%.
What is the company’s security policy?
My Wonderful Life recognizes the sensitivity and value of the information contained in their plan. They take their obligation to safeguard that data seriously.
What is the net worth of Sue Kruskopf?
Sue Kruskopf’s net worth is unavailable.
What is the net worth of Nancy Bush?
Nancy Bush’s net worth is unavailable.
