Taylor Robinson Music Shark Tank Net Worth 2023
Taylor Robinson Music is a success story. After appearing on Shark Tank in April 2014, the company has experienced remarkable growth and accomplishment and secured additional funding and partnerships, resulting in an estimated net worth of $5 Million – much higher than the $1 million valuation presented during their pitch.
The company has managed to maintain enduring success as of 2023, showcasing just how powerful Taylor Robinson Music’s vision is.
What is Taylor Robinson Music?
Taylor Robinson Music is a leading provider of private, face-to-face music education that covers a range of instruments, such as guitar, piano, vocals, drums, bass, and songwriting.
At Taylor Robinson Music, students can learn various instruments, including acoustic and electric guitar, bass, vocals, drums, engineering, midi-processing, and keyboards.
The organization also helps bands with a wide range of services, such as performance, stage presence, recording, promotion, advertising, management, tour planning, album recording, and production, as well as shop consignment.
The instructors at Taylor Robinson Music take a unique and progressive approach to contemporary music education, departing from traditional academic methods to encourage students to play from the heart.
A significant number of Taylor Robinson Music certified teachers have toured nationally and globally with modern music projects. Many are also working songwriters, performing musicians, and recording artists, providing them with practical experience that sets them apart.
Who is the founder of Taylor Robinson Music?
Taylor Robinson, the founder of the company, possesses musical talents and employs a distinctive approach to music instruction. Rather than relying on rote learning from a book, he teaches students to play music with feeling and expression, with the aid of skilled musicians.
Taylor Robinson Music connects students with professional musicians in their area, for a finder’s fee or commission, who can provide personalized lessons that fit the student’s schedule.
The instructors can teach in partner studios or from their own homes, with the cost being the same in either setting.
The rates for lessons are also reasonably priced, at $37.50 per hour, and the company has maintained an A+ rating with the Better Business Bureau since 2005.
What Happened to Taylor Robinson Music at Shark Tank pitch?
Taylor Robinson, founder of Taylor Robinson Music, is set to make a pitch on Shark Tank Episode 524, seeking assistance from one of the Sharks to help accelerate the growth of his company.
During his pitch, Taylor requested $100,000 in exchange for a 10% stake in his company, which was valued at $1 million. Although Taylor has impressive sales figures, generating $450,000 in one year and $2.5 million over the past six years, he has struggled with a lack of profits due to high client acquisition costs.
In an effort to improve the efficiency of his system and increase earnings, Taylor requested the Sharks’ investment to upgrade his software. However, the Sharks were not convinced by his strategy. Robert even expressed concerns about having a “rock star” in his home.
Ultimately, the Sharks concluded that Taylor’s business was not a viable investment opportunity for them and each one declined to invest. As a result, Taylor left the pitch without a deal.
What Happened to Taylor Robinson Music after Shark Tank?
Despite not securing a deal on Shark Tank, Taylor Robinson Music experienced a surge in interest known as the “Shark Tank Effect” after their initial appearance on the show.
Within 24 hours of the broadcast, the company received more than 100 calls from potential investors, and that number increased to around 300 the following week. The company’s website had an impressive 200,000 visits, with 20,000 visitors accessing the site simultaneously. Over 400 new instructors applied to work for the company.
As a result of the increased website traffic and interest in the company, Taylor Robinson Music’s yearly revenue projections saw a significant boost.
Furthermore, the company announced a major new partnership with Hohner Inc., one of the world’s largest and most established musical instrument producers. This partnership included a Taylor Robinson lesson voucher being included with 50,000 instruments worldwide.
Following the advice of the Sharks, Taylor Robinson Music focused its web marketing efforts on the top 50 markets in the United States. This resulted in an 80% reduction in client acquisition expenses.
Today, the company has over 8,000 instructors and serves more than 40,000 students. As of February 2022, Taylor Robinson Music generates $2 million in annual sales and remains in business.
Competitors of Taylor Robinson Music
Taylor Robinson Music does have competitors, but none of them focus only on teaching students the skills needed for music for making a living. The competitors are; Kathy’s Studio of Dance and Redd Legg Dance.
Net Worth of Taylor Robinson Music
The company valued at $1 million during and after the pitch. Since then the company is still in business and hence the company net worth might have been more than that of pitch.
Taylor Robinson Music FAQs
What is Taylor Robinson Music?
Taylor Robinson Music is a premier supplier of private, in-person music education in the following instruments: guitar, piano, voice, drums, bass, and songwriting.
Taylor Robinson Music teaches a wide variety of instruments, including guitar (electric and acoustic), bass, keyboards, vocals, drums, engineering, and midi-processing.
Additionally, it assists bands with performance, stage presence, songwriting, recording, promotion, advertising, management, tour planning, album recording and production.
Who is the founder?
Taylor Robinson, the founder. Robinson is a talented musician with a unique approach to teaching music. Rather of studying by rote from a book, he teaches students to “play from the heart” with the assistance of expert musicians.
How much was Taylor seeking on Shark Tank?
Taylor was seeking for $100,000 for 10% of the company that is worth $1 million.
Did he have the deal?
No, he did not have the deal during the pitch.
Is Taylor Robinson Music still in business?
Yes, the company is still in business and earning $2 million in yearly sales as of February 2022.
What is the Taylor Robinson Music website?
The Taylor Robinson Music website is https://www.taylorrobinsonmusic.com.
What is the business model of Taylor Robinson Music?
Taylor Robinson Music follows a hub and spoke multi-level marketing business model, wherein it sells educational services to teachers who, in turn, sell them to students.
What is the satisfaction guarantee offered by Taylor Robinson Music?
They are so confident that they will like their courses that they guarantee their pleasure. If clients are dissatisfied with their first lesson, they will refund their single lesson purchase or provide them with a complimentary replacement instructor. Please keep in mind that reduced bulk packages are subject to additional restrictions.
Is Taylor Robinson Music compatible with my scheduling requirements?
TRMC is delighted to offer the most adaptable private training solution on the market. TRMC offers a teacher accessible to students seven days a week, whenever they are available.
Because schedules are sometimes unexpected, students do not have to commit to a specific day or time each week. They have time when they have time. Additionally, they offer an online scheduling system that enables them to check the availability of the teacher and reserve their time online.
How much is Taylor Robinson Music lessons?
Half-hour classes cost from $22.50-$30 every half-hour, depending on the package you choose. Full-hour sessions cost between $40 and $50. If students choose not to purchase in pre-paid bundles, you may alternatively purchase on a pay-as-you-go basis at a little higher cost.
What distinguishes Taylor Robinson Music?
TRMC’s uniqueness is due to their educators. Rather of being a bunch of academics, TRMC teachers are all active, professional musicians.
That is, they are authentic local composers, recording artists, and performance musicians. This background enables a much more hands-on, practical approach.
How do I pay for Taylor Robinson Music?
Students do not have to choose a package when they sign up. Rather, they may purchase lessons on a pay-as-you-go basis. Lessons are paid for online through PayPal or credit card.
What is the net worth of Taylor Robinson?
The net worth of Taylor Robinson is estimated at $12 million.