One Sole, the innovative footwear product that appeared on Season 2 of Shark Tank, has seen significant growth in its net worth since its appearance on the show. Created by pharmacist Dominique McClain Barteet, One Sole is known for its versatile shoes with interchangeable tops, allowing consumers to change the look of their footwear without buying multiple pairs. The company has sold their products in over 60 countries worldwide, winning awards for their innovation and expanding their customer base.
During its appearance on Shark Tank, One Sole had a valuation of $2.5 million. Since then, the company’s net worth has grown to an impressive $6 million as of 2022. This success story showcases the value and potential of appearing on Shark Tank, as well as the entrepreneurial skill and determination of Dominique McClain Barteet.
Key Takeaways:
- One Sole’s net worth has grown from $2.5 million to $6 million since appearing on Shark Tank.
- The company’s versatile shoes with interchangeable tops have gained global acceptance, selling in over 60 countries.
- Dominique McClain Barteet, the founder of One Sole, successfully pitched her business on Season 2 of Shark Tank.
- One Sole’s partnership with investor Daymond John has fueled the company’s growth and expansion.
- The success of One Sole showcases the potential for entrepreneurs to thrive after appearing on Shark Tank.
The Unique Features of OneSole Shoes
OneSole Shoes are known for their unique features, particularly their interchangeable tops. The shoes have a comfortable and durable sole that can accommodate a variety of decorative tops, which come in numerous colors, patterns, and styles. The tops can be easily detached and replaced, allowing for countless combinations and customization options.
The lightweight and flexible material of the soles make the shoes comfortable for extended periods of wear. The neoprene tops are durable, easy to maintain, and resistant to dirt and stains. These features make OneSole Shoes a practical and everyday choice for the modern consumer. Whether you’re heading to the office, running errands, or going out for a night on the town, OneSole Shoes offer versatility and style in one package.
Customizable Options
One of the key aspects that sets OneSole Shoes apart is the ability to customize your footwear. With interchangeable tops, you have the freedom to create your own unique look. Whether you prefer a classic solid color, a bold pattern, or a fun print, OneSole Shoes has you covered. The options are endless, allowing you to express your personal style and switch up your look whenever you want.
Comfortable Sole
Comfort is another important factor when it comes to choosing the right footwear, and OneSole Shoes deliver. The comfortable sole provides support and cushioning for your feet, ensuring a comfortable walking experience. The lightweight and flexible material allows for natural movement, reducing fatigue and discomfort. Whether you’re standing for long periods or walking for miles, OneSole Shoes keep your feet happy and comfortable throughout the day.
Key Features of OneSole Shoes | Benefits |
---|---|
Interchangeable tops | Countless customization options |
Versatile styles | Adaptable for various occasions |
Comfortable and durable sole | Support and cushioning for all-day wear |
Lightweight and flexible material | Allows for natural movement and reduces fatigue |
OneSole’s Shark Tank Journey and Deal with Daymond John
OneSole had an unforgettable experience on Season 2, Episode 9 of Shark Tank. As the founder of OneSole, I was excited to present my business to the Sharks and showcase the unique features of our versatile footwear. I entered the tank seeking a $500,000 investment for 20% equity, and little did I know that my pitch would lead to a life-changing deal with Shark Daymond John.
During my pitch, I highlighted the convenience and wide customer base of OneSole shoes. The Sharks were impressed by the interchangeable tops and the countless combinations and customization options they offered. Although there were initial concerns raised by the other Sharks, Daymond saw the potential in OneSole and believed in its future success. He offered a deal of $500,000 for 35% equity, which I gladly accepted.
This partnership with Daymond John has been instrumental in the growth and expansion of OneSole. His expertise and guidance have helped us navigate the challenges of scaling our business. With Daymond’s support, we have been able to extend our reach to over 80 countries and report an annual revenue of $6 million as of 2022. OneSole has become a global success story, and I am grateful for the opportunity to work with Daymond and the exposure that Shark Tank has provided.
OneSole’s Success and Growth After Shark Tank
After appearing on Shark Tank and striking a deal with Daymond John, OneSole experienced significant growth and expansion. The exposure and partnership with Daymond John allowed the company to reach new heights.
OneSole’s unique offering of interchangeable shoe tops in over 3000 variations and 20 different sole bases appealed to a wide customer base and gained global acceptance. The company extended its reach to over 80 countries and reported an annual revenue of $6 million as of 2022.
Dominique McClain Barteet, the founder of OneSole, has also become an inspirational speaker, sharing her entrepreneurial journey and success story with others. The company has expanded its product line to include a growing accessory and travel wear business, offering halter tops, dresses, hoodies, and pre-packaged travel packs.
Despite considering selling the company at one point, OneSole continues to thrive and evolve.
FAQ
What makes OneSole Shoes unique?
OneSole Shoes are known for their interchangeable tops, allowing consumers to easily change the look of their footwear without buying multiple pairs. They have a comfortable and durable sole that can accommodate a variety of decorative tops.
Are OneSole Shoes comfortable for extended wear?
Yes, OneSole Shoes have a lightweight and flexible sole, making them comfortable for extended periods of wear.
Are the tops of OneSole Shoes easy to maintain?
Yes, the neoprene tops of OneSole Shoes are durable, easy to maintain, and resistant to dirt and stains.
Which episode of Shark Tank did OneSole appear on?
OneSole appeared on Season 2, Episode 9 of Shark Tank.
What was the deal that OneSole struck with Daymond John?
Daymond John offered a deal of $500,000 for 35% equity, which the founder of OneSole, Dominique McClain Barteet, accepted.
How has OneSole grown after appearing on Shark Tank?
After appearing on Shark Tank and striking a deal with Daymond John, OneSole has experienced substantial growth, expanded its reach to over 80 countries, and reported an annual revenue of $6 million as of 2022.
What other products does OneSole offer?
In addition to their interchangeable shoes, OneSole has expanded its product line to include a growing accessory and travel wear business, offering halter tops, dresses, hoodies, and pre-packaged travel packs.