![]() ![]() Potato Parcel was estimated at one million dollars in 2021 after sending out more than 70,000 parcels and generating over $700,000 in revenue since airing on Shark Tank in 2014. In 2018, a report from CNBC revealed that Bekhit was earning a six-figure salary due to running Potato Parcel. Potato Parcel’s publicity stunt led to its revelation. Dirk Nowitzki revealed on social media that he received anonymous potatoes congratulating him on achieving 30,000 career points. What Happened To Potato Parcel After Shark Tank?Īfter appearing on Shark Tank, the Potato parcel was blown up. Riad and Alex left the Shark Tank stage with an investment from Kevin O’Leary for Potato Parcel.įinal Deal: Kevin O’Leary agreed to invest $50,000 for a 10% stake in Potato Parcel. Riad and Alex appeared on Shark Tank requesting an investment of $50,000 in exchange for a 10% stake in Potato Parcel. How Was The Shark Tank Pitch Of Potato Parcel? Potato Parcel has included holiday-themed potatoes and a wide range of “wacky” items. Potato Parcel donated one potato to a food bank for every potato sold, thanks to a monthly profit of nearly $20,000. The company recouped its investment in just a few months. The popularity of Potato Parcel grew even further. The idea worked.Ĭraig developed Potato Parcel in two days and made $2000. The trendy potato was sent in the mail with postal stamps on it.Ĭraig thought a simple potato sent in the mail could be transformed into a lucrative business model if it could capture the attention of millions of people. Craig was exploring the internet when he came upon a five-million-view potato post. If it had not been for Reddit, Potato Parcel might have never existed. The Potato Parcel was eventually sold to Riad Bekhit, an entrepreneur. He graduated from the University of North Texas and built mobile apps before making a fortune by mailing potatoes with messages or faces. He earned a fortune by mailing potatoes with messages or faces on them. The founder of the unique Potato Parcel company is Alex Craig, who hails from Dallas, Texas. ![]() You can even customize your potato with your photo! Company Name For these business owners, at least, the gamble has paid off.According to Potato Parcel, those who receive a messenger potato in the mail will be overwhelmed and amused. Starting a business involves risk, and the road is not always easy. If you want to know more about Gregg’s success story-put on your reading glasses-in 2004, he published a book based on his experience with Neuticles entitled Going…Going…Nuts!Īll eight of these tenacious entrepreneurs deserve our kudos. Since the average pair of Neuticles costs $310, it’s fair to say that Miller’s invention has brought him a healthy ROI. One of Miller’s past customers is none other than Kim Kardashian, who purchased a pair for her dog Rocky. Their owners seem to value this kind of cosmetic alteration because Miller has sold more than 500,000 Neuticles since he has been in the business. With Neuticles, a dog can maintain his natural masculine appearance while his owners mitigate potential negative, aggressive behaviors by neutering.ĭo the dogs notice the difference? It’s hard to say. Since 1995, Neuticles creator Gregg Miller has championed canine self-esteem by selling silicone testicular implants for male dogs undergoing neutering procedures. This is a seven-figure business that is likely to surprise you. Today, they are Fortune 5000 company with over one million customers. To solve this challenge they developed a 3-in-1 card reader the enables any business to accept debit, credit and contactless payments. SumUp originally started in Europe and had the crazy idea of challenging the status quo of payment acceptance solutions for small businesses. The SumUp Card Reader is a simple and affordable 3-in-1 card reader that enables businesses to take debit, credit and contactless payments. Have a unique business idea? Get started the right way by accepting card payments! These days, he is drawing a six-figure salary-and he hasn’t even turned 30 yet. Potato Parcel has Riad laughing too…all the way to the bank. Unable to make Aunt Nancy’s 3birthday party? Send her a picture of your face on a potato, so she knows you care. Need to send a thank you note to someone? There’s a potato for that. The result is a lighthearted alternative to a traditional greeting card. It’s a potato customized with the message or image of your choosing. For $14.99, this company will send a potato to your friends and family for you. Outlandish costumes aside, however, the business model behind his company, Potato Parcel, is actually a simple one. ![]() When Riad Bekhit appeared on the TV show Shark Tank in 2016 dressed as a potato, he elicited a lot of giggles. ![]()
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