Shark Tank Pitch

Taylor Robinson Music Shark Tank Update

Published:

2m

Dallas, TX

Taylor Robinson Music Shark Tank Update


Pitch Overview
NameTaylor Robinson Music
Main PresentersTaylor Robinson
Presenter Image
Taylor Robinson Music Entrepreneurs: Taylor Robinson
Product Image
Taylor Robinson Music Product Image
Last Known in Business2/8/2023
Main Location

Dallas, TX

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Order Shown in Episode1
Final DealAll Sharks went Out

Taylor Robinson Music Shark Tank Pitch

Taylor Robinson found schools were cutting music lessons, and he didn't want students finding music teachers in random online chatrooms, so he created Taylor Robinson Music, a website and app that allows students to find vetted music teachers in their area for private lessons. Taylor Robinson Music gets a commission from connecting students with instructors.

Taylor Robinson Music has sold $2.5 million in sales in six years. Last year's sales were $450k, and this year they are on track for $550k, averaging $40k in yearly profit. Taylor uses search image optimization to generate traffic to his website. It costs $33 to acquire each customer. There are 4k instructors on the website, many of whom are actively touring musicians, which adds a coolness factor to the business. Musicians cannot set their price due to software constraints though Taylor says with $50k, they could implement that model.

The sharks are not clear on how to make Taylorn Robinson Music successful. All sharks go out.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$100k for 10% of company
SharksOutKevin O'LearyOut
SharksOutMark CubanOut
SharksOutRobert HerjavecOut
SharksOutDaymond JohnOut
SharksOutLori GreinerOut

Mark Cuban
Mark Cuban

Mark Cuban

Out

Daymond John
Daymond John

Daymond John

Out

Kevin O'Leary
Kevin O'Leary

Kevin O'Leary

Out

Lori Greiner
Lori Greiner

Lori Greiner

Out

Robert Herjavec
Robert Herjavec

Robert Herjavec

Out


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
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Taylor Robinson Music After Shark Tank

According to a 2017 article by 24-7pressrelease.com

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24-7pressrelease.com

https://www.24-7pressrelease.com/press-release/443460/three-years-after-shark-tank-taylor-robinson-music-lessons-surges-ahead

, Taylor Robinson transitioned his focus from going after the whole country to targeting 50 large cities across the US. Sales in 2017 were $1.5 million. Taylor Robinson has 12 full-time employees and 8k musicians on the website. They have been continuously improving their website. According to cnbc.com

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cnbc.com

https://www.cnbc.com/2018/08/31/business-is-booming-for-this-musician-after-his-shark-tank-appearance-.html?__source=pulse&par=pulse

, Taylor Robinson Music did $1.3 million in sales with a 20% profit margin in 2017.

As of 2023, the Taylor Robinson Music app in the IOS app store has one rating, indicating it is virtually unused. The website is taylorrobinsonmusic.com

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taylorrobinsonmusic.com

https://www.taylorrobinsonmusic.com

, with the latest post from their blog and their Instagram, @taylorrobinsonmusic

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@taylorrobinsonmusic

https://www.instagram.com/taylorrobinsonmusic

, coming in 2018 as of 2023. Their Facebook

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Facebook

https://www.facebook.com/taylorrobinsonmusic

last posted in 2021.

According to Taylor Robinson's LinkedIn

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LinkedIn

https://www.linkedin.com/in/taylor-robinson-40014ba

, he still is the CEO of Taylor Robinson Music in 2023. Taylor also started public speaking in 2020 and became the CEO of a new business focused on being the "Zoom video chat" for musicians, such as having better audio quality and pitch indicators.

Taylor Robinson's personal website is taylorrobinson.com

Link Preview

taylorrobinson.com

https://www.taylorrobinson.com

. In 2022 he spoke about the latest in music video meeting tech at Facebook

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Facebook

https://www.facebook.com/MatchMySound/videos/check-out-taylor-robinson-ceo-of-realtime-audio-in-a-clip-from-his-stellar-maste/1423927058124658/?locale=ms_MY

.


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