San Diego, CA, - On September 28 at 8/7c, ABC’s Emmy-nominated show Shark Tank aired an update on how Tower Paddle Boards LLC turned a $150,000 investment into a $1.5 million business after the small start-up company signed a deal with billionaire Mark Cuban on the set of the show last season. Since the initial episode aired, Tower has experienced a sales increase of over 800 percent, seen its website traffic triple, and has recruited three new employees in an effort to manage the company’s growth. When Aarstol pitched his company to the Sharks in the Summer of 2011, lifetime sales for the company were at $100,000. The company’s sales for 2012 are now well over $1 million and on pace to exceed $1.5 million by year-end.
"I’m a business builder!” said Cuban after signing the deal with Tower Paddle Boards on the Shark Tank set, “I take small things and make them great things!”
A few months after the deal, Cuban was also quoted in Forbes.com naming Tower Paddle Boards as one of his best Shark Tank investments.
Tower Paddle Boards’ Founder Stephan Aarstol shares his reaction, “Talk about a David and Goliath story! After being up against the Sharks and facing intense rivalry by massive, established competitors in the white-hot stand up paddle board industry, our company not only survived but now we have a celebrity billionaire investor on board and our eyes set on becoming the industry leader!”
Visit Tower Paddleboards at; http://www.towerpaddleboards.com/
No comments:
Post a Comment