Tree T Pee Net Worth
On the 7th episode of the 5th season of the television show “Shark Tank,” Johnny made an appearance and presented his product, the Tree T-Pee.
During his presentation, he requested an investment of $150,000 in exchange for a 20% stake in his company. This implied that he valued his firm at $750,000. He pitched the Tree T-Pee as a revolutionary device that helps farmers save water and money while also protecting their crops.
He passionately described how the Tree T-Pee was developed by his father and how he has been working tirelessly to bring the product to the market.
His enthusiasm and dedication were evident as he explained how the Tree T-Pee has helped thousands of farmers and improved their yields.
What is Tree T-Pee and Who is the Founder of Tree T-Pee?
Tree T-Pee is a product created by GSI Supply, Inc. for use in agriculture. It is a cone or teepee-shaped device that acts as a container for water and fertilizer for young trees aged between one and five years.
The product is made in the USA using recycled plastic and is built to last for over 20 years. It comes in two colors, black and white, and the color choice depends on the location and temperature of the area where it will be used.
Tree T-Pee can reduce water usage for trees in warm southern regions from 10,000 gallons per tree per year to 800 gallons per tree, which is a significant water-saving.
It also protects trees against frost during cold weather, which is essential in areas like Florida where hundreds of acres of citrus trees can be destroyed during frost.
Custom colors and logos can be added to the Tree T-Pee upon request.
The founder of GSI Supply, Inc., John G. Georges, established the company on March 2, 2005. The Tree T-Pee was invented by his father, Rick Georges, which John later improved and brought to the market.
John was born and raised in Winter Haven, Florida, where his father was a pioneer in the citrus business. He followed in his parent’s footsteps, seeking employment in agriculture at a young age after finishing school.
John spent almost 20 years working for his father’s company, Georges Enterprise Inc., before establishing his own business.
Before starting his company, John was dedicated to his work at his father’s company, where he built over 10,000 pumps and motors and more than 30,000 acres of irrigation systems during his two decades of service.
His experience in citrus cultivation inspired him to create his own business to share his knowledge and inventions with others in the industry.
While it took time for his tactics to be accepted, John was able to become an industry leader by advancing his products and innovations, following in his father’s footsteps.
Tree T-Pee Shark Tank Pitch
In Season 5 Episode 7 of Shark Tank, Johnny appeared and pitched Tree T-Pee, requesting $150K for a 20% stake in the company, valuing it at $750,000. During the pitch, Johnny demonstrated the effectiveness and profitability of the product.
He sells each unit for $4.50, with a manufacturing cost of $2.95, and has sold over 127,000 units, each lasting 20 years. He explained that his father invented the product, and Mark Cuban inquired if Johnny had approached any wholesalers, to which Johnny responded that he only sells to individuals he knows.
Mark suggested that Johnny sell the product for $7 each, and Mr. Wonderful believed they should be sold for $12 each, but Johnny wanted to keep the price low for farmers.
Mr. Wonderful walked out, but John Paul offered to invest $150,000 for a 20% stake in the company, stating that farmers are the backbone of America and that he wants to help Johnny do even better.
Since appearing on Shark Tank, Johnny has worked with John Paul on presentations to major corporations, and Tree T-Pee is now available at Home Depot stores throughout Florida and online, selling for $9.97.
The black variety of Tree T-Pee is only available on the company’s website, as Johnny believes it is the most beneficial to plants. The company has annual sales of $5 million as of December 2021, and Johnny’s efforts on behalf of American farmers would have made his father proud.
Tree T-Pee Net Worth
Johnny appears on Shark Tank Season 5 Episode 7 and requests $150K for a 20% stake in the firm. This represents a $750,000 valuation.
Tree T-Pee Competitors
There are no competitors identified for Tree T-pee.
Tree T-Pee FAQS
What is Tree T-Pee?
Tree T-PEE is a device manufactured by the agricultural firm GSI Supply, Inc. It is cone-shaped or teepee-shaped and serves as a water and fertilizer containment system for trees aged one to five years.
Every unit is made in the United States from recycled plastic and is designed to last for more than twenty years.
Who founded Tree T-Pee?
Tree T Pee was the brainchild of Johnny Georges’ father, Rick Georges, an irrigation farmer. Rick Georges invented Micro Sprinklers, which transformed the irrigation sector; he coined the term “Geor-jet” for these micro-sprinklers.
Johnny and Rick designed Tree T Pee to protect crops against frost damage. The father and son were piling soil around the young trees to insulate them from freezing and death.
How much was Johnny Georges seeking in the Shark Tank?
Johnny Georges appeared on the Season 5 Episode 7 of the popular reality show Shark Tank and requested a $150,000 investment for 20% of the firm.
This would have represented a valuation of $750,000 for GSI Supply.
Did he get the deal from the Shark Tank?
John Paul DeJoria offered $150,000 for 20% of the firm.
Is Tree T-Pee still in business?
Fast forward to December 2021, and the firm is still operating strong, with an annual sales of $5 million.
What episode of Shark Tank was Tree T-Pee featured?
Tree T-Pee was featured on the Season 5 Episode 7 of the popular reality show Shark Tank.
How does tree T-PEE work?
The mist from the micro-sprinkler rising out of the neck of the tree T-PEE engulfs the canopy of the young tree by maintaining the 72-degree water within the tree T-PEE.
When temperatures drop below freezing, the tree T-PEE retains the water confined within the cone, keeping it warm.
What happened to tree T-PEE on Shark Tank?
Georges has been touring the country since debuting on “Shark Tank,” demonstrating farmers how the Tree-T-Pee works and making agreements. He just signed a partnership with The Home Depot, a mega-retailer.
Is tree T-PEE successful?
Tree T Pee is an excellent way of saving water through irrigation, lowering the amount of water consumed per tree from 25,000 gallons per year to 800 gallons per year.
Where is the tree T-PEE business now?
GSI Supply, Inc. is still in business, and the tree T-PEE is still for sale on the company’s website, treetpee.com.
What is the Shark Tank tree T-Pee?
The Tree T Pee is a biodegradable plastic cone that is designed to protect the roots of young trees. In warm, southern climates, it decreases water demand per tree from 10,000 gallons per year to 800 gallons per year.
Will the T-PEE tree be able to endure the wind?
Yes, up to 60 miles per hour.
How long does a tree T-PEE last?
Tree T-PEEs are manufactured entirely of recycled plastic and have been proven to survive for more than 20 years.
What about Fertilizer?
They will use 75% less T-PEE with the tree T-PEE than their standard program uses. It’s not being squandered on weeds and grass; it’s all going to the tree.
Is the tree T-PEE good for all citrus?
YES. To get a head start, all citrus trees should be treated with T-PEE.
Does the tree T-PEE work on avocados?
Yes. The colour (White or Black) of tree T-PEE to use would be determined by their locale and temperature.
Does it reduce Sprouts?
Yes, T-PEE from trees is a sprout inhibitor.