Potty Safe Shark Tank Net Worth: Colt and Stacy are looking for a 15% stake in their company in Exchange for $50,000 from the Sharks. They’ve put everything they have into the business. They took up a second mortgage on their home and depleted their savings account when they decided to establish their own business. They cost $28.95 each at retail or $6.50 per unit to make. The Sharks are concerned because they have only sold $17,000 so far this season (2019).
At this time, none of the Sharks are willing to invest any money in a possible Walmart partnership. Young entrepreneurs are urged to audition for ABC’s “Shark Tank,” where they can pitch their business proposals to business moguls who will determine whether or not to invest. Because of the players’ passion and originality, the series has remained entertaining over the seasons. In Shark Tank season 11 episode 22, we hear about four new firms. One of them is Potty Safe. This is where we’ve compiled everything we know about the company and its products.
Thanks to the invention of Potty Safe, they were able to potty train their younger child, Ty, with ease. As a result, it might be referred to as a tried-and-true product. The Halls are now eager to make potty training more convenient for other parents by giving out their handy equipment for free. After first being put off by the tooling expenses, the couple decided to take out a loan and complete the project. In March, Potty Safe took part in the World’s Largest Baby Shower in Springdale, Arkansas, and won first place in June. The retailer has invited this company to the Wal-Mart Open Call Summit in June 2019.
Who Makes Potty Safes and Where They From?
Potty Safe is the brainchild of Colt and Stacy Hall, a married couple from Exeter. They came up with the idea after the birth of their first child, Emma. Her parents noticed that while training their kids to use the potty, she enjoyed carrying the bowl and assisting them in dropping the trash. As a result, she emptied her bag’s contents all over herself and the floor. There was no practical way to stop her from removing the dish, and cleaning up after Emma quickly became tiring despite their best efforts. The Halls, on the other hand, were underwhelmed by the products on offer. They concluded that the product they were looking for didn’t exist because nothing met their exact specs.
What are the Functions of Potty Safes?
For the first time, a childproof potty training chair is available. Thanks to a childproof lock, the garbage basin is safely locked to the chair’s base. As a result, the children are unable to remove the bowl, preventing a sloppy situation. Adults, on the other hand, will find it easy to remove the bowl to clean it thanks to the distinctive latch. The Potty Safe product also includes a splash barrier and nonslip feet. Parents need to know what they’re getting themselves into when it comes to potty training. You can rely on the Halls’ direct experience and competence as parents when it comes to Potty Safe.
We understand that toilet training can be stressful, so we’re here to help you relax!:)” A roller coaster ride with days that don’t seem to last long enough. Consider how much time you’ll save by not having to clean up accidents that didn’t happen while you were toilet training! If only it came in the shape of a toilet! On ‘Shark Tank,’ you might see a picture of the Halls promoting their goods. Entrepreneurs who have appeared on the television show Shark Tank can use the Shark Tank Blog, which is updated frequently, as a source of information. Lori’s deal didn’t work out in the end. The two recorded their episode in September of this year.
ARE THERE ANY OTHER POSSIBLE OPTIONS?
Because there aren’t many products like it on the market right now, parents Colt and Stacy Hall invented Potty Safe. When it comes to potty training youngsters, it’s a well-thought-out tool that performs precisely what it’s designed to do. For many parents, this is huge assistance because they don’t have to keep an eye on their children or chase them down while they’re trying to get them to use the chair to go to the bathroom. With this one-of-a-kind solution that safeguards your child while he or she relies on a diaper to relieve himself or herself, parenting has never been easier.
The most effective ideas are those that solve problems. It is not even required that the products be difficult to use. The Scrub Daddy is an example of this type of merchandise. The Scrub Daddy, a sponge in the shape of a cheerful face, takes care of a variety of common household difficulties. The sponge’s popularity stems primarily from its joyful face design. Cleaning utensils is a piece of cake with a smile, but cleaning glasses is a piece of cake with eyes. Scrub Daddy is tough in cold water but soft in warm. It’s dishwasher safe and won’t scratch your counters.
When Scrub Daddy arrived on Shark Tank, the company had only $100,000 in sales, but Greiner saw the potential. She spent $200,000 for a quarter of the company’s stock. Profits have climbed to $209 million, making it the second-highest-earning Shark Tank success story. The brand’s sales potential has also improved as its product line has been expanded. Scrub Daddy now sells erasers, organizers, and seasonal collections, among other things.
Sales increased tenfold between that point and the show’s initial showing. The airing of the show resulted in a 500% boost in sales. On or after July 20, 2021, when the show premieres, cast members will be available from merchants such as Amazon, Bed Bath & Beyond, buybuy Baby, and Walmart.
OUR LAST-MINUTE THOUGHTS
Potty Safe is a game-changer for the industry and for parents trying to potty train their children, in our opinion. Rather than chasing after their children, mothers can rest easy knowing that they can easily teach them to poop on the chair and desist from helping to empty the toilet bowl. Lori Greiner’s experience shows that this product has a beneficial impact on people’s lives, and it’s performing well in the market as a result.
The two began selling their goods online on August 21, 2018, just a few days after founding their company. They started out selling their items in a single neighborhood mom-and-pop store. Potty safes are now readily available on Amazon, in addition to merchants including Bed, Bath & Beyond, buybuy Baby, and Walmart. Grey, yellow, and hot pink are all $28.95, making them one of the most cost-effective selections available. Every Potty Safe marketed in the United States is also made in the United States. The duo is most likely seeking assistance from the Shark in order to spread the news and fund purchases.
Potty training a toddler, especially one who is eager to help and wants to show that they can do it all by themselves, may be a real hassle. Colt and Stacy Hall of St. Louis, Missouri, noticed that when they were toilet training, their 2-year-old eager aide would try to empty their own potty chair insert. When they learned that there were none available, this husband and wife team set out to make their own.
