Shark Tank Update
Shark Tank Pitch
Würkin Stiffs Shark Tank Update
Published:
2m
Nokomis, FL
| Name | Würkin Stiffs |
|---|---|
| Main Presenters | Jonathan Boos |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 9/1/2022 |
| Main Location | Nokomis, FL Loading Map |
| Order Shown in Episode | 1 |
| Final Deal | Offer made from sharks |
Würkin Stiffs Shark Tank Pitch
Jonathan Boos wanted his collar to look neater, so he invented a simple tool. Collar Stay uses a metal splint and a magnetic to keep his collar in place. Collar Stay is the main product of Jonathan's brand, Würkin Stiffs.
Collar Stay is in all 150 Nordstrom stores and has made Nordstorm $600k revenue all time. Jonathan did $500k revenue last year with the goal of $1.8 million next year.
Mark Cuban's first words on shark tank are that he loves Jonathan's passion, but he is not the guy with the connections, so he's out.
Jonathan desires Daymond's expertise but gets too antsy when Daymond starts his speech to make an offer, which upsets Daymond into going out.
Barbara wants in on the deal, so she calls Daymond a baby until he joins her, and they seal the deal.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $85k for 10% of Company | |
| Sharks | Out | Mark Cuban | Out |
| Sharks | Out | Barbara Corcoran | Out |
| Sharks | Offered | Kevin O'Leary | $100k for 30% of Company with a 14% royalty to Kevin O'Leary |
| Sharks | Offered | Robert Herjavec | $100k for 30% of Company |
| Company | Offered | $200k for 30% of Company | |
| Sharks | Offered | Kevin O'Leary | $100k for 20% of Company with a 14% royalty to Kevin O'Leary |
| Sharks | Offered | Robert Herjavec | $100k for 25% of Company |
| Sharks | Deal Never Closed | Daymond John, Barbara Corcoran | $100k for 40% of Company |
| Sharks | Offered | Kevin O'Leary | $100k for 15% of Company with a 14% royalty to Kevin O'Leary |
| Company | Offered | Daymond John, Barbara Corcoran | $100k for 30% of Company |
Mark Cuban
Out
Daymond John
Offered
Kevin O'Leary
Offered
Barbara Corcoran
Offered
Robert Herjavec
Offered
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Würkin Stiffs After Shark Tank
According to Shark Tank Blog https://www.sharktankblog.com/wurkin-stiffs-update-jonathan-boos-interview, Daymond wanted to do a licensing deal, and Jonathan did not, so the deal never went through. Jonathan never talked to Barbara but maintained a friendly relationship with Daymond, even making cuff links that Daymond wore in season 7, episode 1.Link Preview
Shark Tank Blog
In 2015 Würkin Stiffs' product line had grown along with being in 1000 stores across multiple countries. Since the show, they quadrupled sales and increased its staff from four to 12 people.
Jonathan is always thinking of new products such as microfiber pocket squares and cheaper, plastic versions of the Collar Stay.
In 2022 Würkin Stiffs has 40 employees and about a dozen products on its website, wurkinstiffs.com https://wurkinstiffs.com.Link Preview
wurkinstiffs.com
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