Shark Tank Pitch

GoGo Gear Shark Tank Update

Published:

4m

Los Angeles, CA

GoGo Gear Shark Tank Update


Pitch Overview
NameGoGo Gear
Main PresentersArlene Battishill and Desirée Estrada
Presenter Image
GoGo Gear Entrepreneurs: Arlene Battishill and Desirée Estrada
Product Image
GoGo Gear Product Image
Last Known in Business9/1/2022
Main Location

Los Angeles, CA

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Order Shown in Episode4
Final DealDeal was made on the show with sharks Daymond John for $300k for 65% of Company, but it fell through after the show.

GoGo Gear Shark Tank Pitch

Arlene Battishill and Desirée Estrada found most motorcycle and scooter protective gear was not fashionable to wear to their corporate jobs. After losing their jobs in 2008, they decided to start a stylish, protective clothing line called GoGo Gear.

Arlene and Desirée put $400k of their money into GoGo Gear and did $172k of revenue last year with no profit. They are in 25 motorcycle or scooter stores.

Arlene and Desirée hope to expand to Europe where there is a large rider demographic. Simultaneously they said they lost money attempting to go to Europe and Mark warns against spreading too fast.

I am so out [that] I am like in Europe looking back at you guys.

—Mark Cuban

The product is appealing, but the sharks worry about Arlene and Desirée's focus. In desperation, Arlene and Desirée keep bumping their equity offer to get a deal. Daymond entices Robert to join back in, but Robert sees a sure loss of his money. Daymond accepts the 65% equity himself.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$300k for 15% of Company
SharksOutKevin O'LearyOut
CompanyOffered$300k for 25% of Company
CompanyOffered$300k for 38% of Company
SharksOutMark CubanOut
SharksOutBarbara CorcoranOut
SharksOutRobert HerjavecOut
SharksOutDaymond JohnOut
CompanyOffered$300k for 50% of Company
CompanyOffered$300k for 55% of Company
CompanyDeal Never ClosedDaymond John$300k for 65% of Company

Mark Cuban
Mark Cuban

Mark Cuban

Out

Daymond John
Daymond John

Daymond John

Deal Never Closed

Kevin O'Leary
Kevin O'Leary

Kevin O'Leary

Out

Barbara Corcoran
Barbara Corcoran

Barbara Corcoran

Out

Robert Herjavec
Robert Herjavec

Robert Herjavec

Out


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

GoGo Gear After Shark Tank

Arlene was on the Success Unfiltered

Link Preview

Success Unfiltered

https://podcasts.apple.com/us/podcast/arlene-battishill-how-to-go-7-years-without-a-paycheck/id1271423584?i=1000419593918

podcast in 2018, the A Scooter Affair

Link Preview

A Scooter Affair

https://podcasts.apple.com/us/podcast/a-talk-with-arlene-battishill-president-and-ceo/id1529041149?i=1000496282966

podcast in 2020, and the Entrepreneur Conundrum

Link Preview

Entrepreneur Conundrum

https://podcasts.apple.com/us/podcast/ec-41-with-arlene-battishill/id1508586086?i=1000504287193

podcast in 2021, where she spoke about GoGo Gear.

In 2008 Arlene's household income was $500k a year. She had three luxury homes in LA and Palm Springs, two luxury cars, and a million dollars in the bank.

Arlene didn't like the corporate environment because she felt unintelligent guys told her what to do while they sat back and collected money. When Arlene complained, she was only offered secretary jobs as alternative options. She decided to leave and start her own business, which eventually morphed into GoGo Gear.

GoGo Gear had a tremendous first year. Then the recession hit, and they lost 10k of the nearly 18k stores they were in. Arlene transitioned focus to the internet, which frustrated their existing retailers.

Arlene was a trailblazer in the social media space in acquiring customers. Facebook was still an infant, and Google ads were new. Arlene, a well-traveled motorcycle enthusiast, created excellent content, such as going on cross-country trips or visiting a manufacturing facility in China. Her posts got picked up by the Huffington Post and other publications.

Shark Tank was another way to gain publicity. From the start, Arlene and Desirée had no intention of going through with any deal. They were among the 45 pitches that made it on season 3 out of the 20k applicants. It was a calculated decision to get whatever deal they could get, knowing it would increase their chance of airing.

Arlene and Desirée got in yelling matches and fired back at the sharks in the filming, which we did make the final edit. Arlene says, "The Sharks are the stars, and the entrepreneurs are the props."

GoGo Gear only made $8k in sales in the following two weeks. Arlene contests that even if there are 6 million viewers, they are not GoGo Gear's target audience. In 2018 Arlene can run a $20 Facebook and generate $10k revenue in a single day.

According to a 2014 interview with Shark Tank Blog

Link Preview

Shark Tank Blog

https://youtu.be/CS2jvYMFFJY

on YouTube, Arlene and Desirée met with Daymond after taping. Arlene and Desirée focused on Europe as planned, and both parties happily let the deal fall through.

With the exposure Shark Tank gave GoGo Gear, Arlene and Desirée had partnership inquiries from all over the world, and Daymond remained helpful in providing advice.

Arlene didn't take a paycheck from the company for seven years and worked side gigs to get by. She sold all her houses and assets to fund her business because she was confident it would succeed.

GoGo Gear added kevlar leggings, which became a successful product. Arelene had GoGo Gear on autopilot printing money. She sold GoGo Gear which left her with a nice exit and allowed her to do other things.

At one point, Arlene had a podcast called What's Your Next Move. Now, Arlene enjoys focusing on socially meaningful businesses, mainly in the tech space. Arlene's advice is to focus, decide your next move, and take action.

Arlene has plenty of material I passed over on account of being concise. For example, in the 2021 podcast, Arlene's family of four got everything delivered and hadn't left their house in nine months due to the covid panic. No comment.

In 2022 I don't know what Desirée is up to. GoGo Gear's Twitter is @LAScooterGirls

Link Preview

@LAScooterGirls

https://x.com/LAScooterGirls

and their (outdated) website is gogogearla.com

Link Preview

gogogearla.com

https://www.gogogearla.com

.


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