The Original Runner Company Shark Tank Net Worth 2023
The Original Runner Company Shark Tank Net Worth
The Original Runner Company, founded by Julie Goldman, appeared on Season 2 Episode 8 of Shark Tank in 2009.
Goldman was seeking $250,000 for 15% of her fabric non-slip aisle runner business, and the business is worth $1.8 million today according to her.
Since appearing on the show, The Original Runner Company has seen success. Goldman has celebrity clientele and has sold millions of dollars worth of product through her website alone.
Despite not getting a deal from the Sharks, the company still benefited from the exposure and now pulls in about $1 million in annual sales revenue.
The Original Runner Company’s current net worth is unknown as of February 20, 2023. However, it is likely that the company has seen significant growth since its appearance on Shark Tank.
What is The Original Runner? Who is the founder of The Original Runner?
The Original Runner Company specializes in creating customized, non-slip aisle runners for weddings and formal events.
The founder of the company, Julie Goldman, is based in New Jersey and personally hand-paints the designs onto the runners.
These runners can serve as a decorative addition to reception tables and are made of 100% nylon, ensuring both durability and lightweight construction.
With a wide range of colors available, customers can consult with an event planner to determine how many runners they need.
Goldman’s background includes a PhD and numerous degrees, as well as experience in research administration and directorship positions before focusing on her career as a course instructor.
She created her own unique aisle runner for her own wedding after finding disposable options too fragile.
The company uses an in-person production process to ensure the vivid color selection and superior quality of the runners. Even rejected runners are restored to good condition by experienced employees.
The Original Runner Shark Tank pitch
Julie Goldman appeared on episode 7 of Shark Tank’s Original Runner Company to pitch her bridal supply business.
She was seeking a $250,000 investment in exchange for a 15% stake in her company, which was valued at $1.7 million.
During her pitch, Goldman presented her invention, the Walk Safe Aisle Runner, which is a non-slip, 50-foot runner that offers a more sustainable alternative to the disposable runners currently on the market.
She also showcased her home monogramming kit that would allow brides to personalize their runners at home.
Despite having already sold “millions” of dollars’ worth of product and having celebrity clients, the Sharks raised objections and concerns about her business.
Kevin O’Leary was willing to offer an investment, but he demanded a controlling stake, which Goldman declined. Ultimately, she left the Shark Tank without securing a deal.
Since her appearance on the show, Goldman’s company has continued to thrive, expanding its client base to include high-profile celebrities.
In late 2020, the company began operating under the umbrella of Inside Wedding, and customers can now order bespoke aisle runners on their website, either choosing from pre-selected options or designing their own from scratch.
Despite not securing a Shark investment, the company’s sales have remained strong and profitable. The exposure from the show resulted in a surge of new orders, and the Original Runner Company has continued to be successful and adored.
Net Worth of The Original Runner
The company valuation was $1.7 million during and after the pitch. Since then the company have been performing well in sales and therefore the company net worth might has raise.
The Original Runner FAQs
What is The Original Runner?
The Original Runner Company is in the business of designing wedding and formal event aisles. The firm provides personalized nonslip aisle runners to match the theme of any event.
Who is the founder?
Julie Goldman, the Original Runner Company’s founder, hails from New Jersey. Before working in research administration, she earned a PhD and numerous degrees.
How much was asking on Shark Tank?
Goldman was asking for $250,000 for 15% stake of her company at value of $1.7 million.
Did she have the deal?
No, she did not have the deal.
Is The Original Runner still in business?
Yes, The Original Runner Company is still in business.
Is The Original Runner available?
Yes, you can find the products on their website.
Is the quality of The Original Runner good?
Yes, the quality is really good. The material used is really high quality and durable.
What is the Product of The Original Runner?
The Original Runner Company manufactures a variety of aisle runners, including the original white runner, black runner, and runners that can be custom-sewn.
Customers may choose from a variety of colors and materials to create their ideal runner. The product is sold in retail stores as well as on the company’s website. The company also offers customization options for price.
Can the fabric Aisle Runner machine washable?
Because their aisle runners are made of actual fabric, they can be machine washed and spot cleaned. They recommend that exceptionally lengthy runners be properly cleaned. They recommend spot cleaning if the runner has been custom painted. Dry cleaning is not recommended.
Do The Original Runners provide gift cards?
Yes, by calling 973-744-7070, you may purchase a gift certificate of any denomination. Call them today to purchase an Original Runner gift certificate as an engagement or wedding shower present.
Do Original Runners offer wholesale price?
They are pleased to provide our industry colleagues with wholesale rates. For additional information, please see their Vendor page.
Do Original Runners ship globally?
Yes, their Original Runners may be transported anywhere in the globe. In fact, their website receives visitors from over 50 nations each month.
Are Original Runners custom products made by hand?
All of our one-of-a-kind bespoke aisle runners are hand created and hand painted. We use a large color pallet to match the flowers, bridesmaid gowns (or any other décor item) as precisely as possible.
What is the net worth of Julie Goldman?
Julie Goldman net worth is $300,000.
