Did Ooakshell Headbands secure an investment on Shark Tank Season 13? Yes, Ooakshell Headbands successfully obtained a $150,000 investment for 20% equity from Emma Grede during their appearance on Shark Tank Season 13.
Summary
- Ooakshell Headbands, known for their tie-dyed headbands, silk-dyed scrunchies, and adjustable hair ties, appeared on Shark Tank Season 13.
- The founders sought a $150,000 investment for 10% equity in their company.
- Emma Grede, impressed by their pitch and product, offered them the desired investment but for a 20% stake in the company.
- The founders accepted the offer, securing a deal with Emma Grede.
- This investment is likely to fuel the growth and expansion of Ooakshell Headbands.
Ooakshell Headbands Shark Tank Update | Shark Tank Season 13
Ooakshell Headbands is a vibrant hair accessory brand known for its tie-dyed headbands, silk-dyed scrunchies, and adjustable hair ties.
The company champions self-expression and individuality through its colorful and customizable products.
Ooakshell Headbands’ Unique Pitch on Shark Tank
Entrepreneurs | Ali and Shelly |
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Business | Ooakshell Headbands |
Ask | $150,000 for 10% equity |
Deal | $150,000 for 20% equity |
Sharks | Emma Grede |
Season | Season 13 |
Original Air Date | November 5, 2021 |
Website | Ooakshell Headbands |
Key Points of Pitch |
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Why Sharks Accepted |
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The Founders’ Story and Inspiration
Ali and Shelly, the dynamic duo behind Ooakshell Headbands, are sisters who share a love for fashion and self-expression.
They started the company with a simple mission: to create hair accessories that inspire confidence and celebrate individuality.
Their tie-dye process is a unique blend of art and science, resulting in one-of-a-kind patterns that resonate with customers of all ages.
The Shark Tank Experience
1. Ooakshell Headbands’ Ask and the Sharks’ Reactions
Ali and Shelly entered the Shark Tank seeking $150,000 for 10% equity in their company. They captivated the Sharks with their energetic pitch and showcased their vibrant products.
While some Sharks expressed concerns about the competitive market, they were all impressed by the brand’s authenticity and strong sales figures.
2. Emma Grede’s Interest and the Final Deal
Emma Grede, a fashion industry expert and successful entrepreneur, saw the potential in Ooakshell Headbands.
She recognized the brand’s unique appeal and its ability to connect with a young and fashion-conscious audience.
After some negotiation, Emma offered Ali and Shelly the $150,000 investment they sought, but for a 20% stake in the company.
The sisters accepted the offer, thrilled to partner with Emma and take their business to the next level.
Ooakshell Headbands’ Products
1. Tie-Dyed Headbands
Ooakshell’s tie-dyed headbands are the heart and soul of the brand. Each headband is a unique work of art, handcrafted with vibrant colors and mesmerizing patterns.
The tie-dye process is a labor of love, ensuring that no two headbands are exactly alike. These headbands add a playful touch to any outfit, allowing customers to express their personality and style.
2. Silk-Dyed Scrunchies
Ooakshell’s silk-dyed scrunchies combine fashion and function. Made from high-quality silk, these scrunchies are gentle on hair, reducing breakage and frizz.
The silk-dyeing process creates a subtle sheen and beautiful color variations, adding a touch of luxury to everyday hairstyles.
3. Adjustable Hair Ties
Ooakshell’s adjustable hair ties are designed for comfort and versatility.
These hair ties feature a unique sliding mechanism that allows for a customizable fit, accommodating all hair types and thicknesses.
They are perfect for creating a variety of hairstyles, from sleek ponytails to messy buns.
The Impact of the Shark Tank Investment
1. Growth and Expansion Plans for Ooakshell Headbands
The Shark Tank investment has been a game-changer for Ooakshell Headbands. It has provided the company with the resources to fuel its growth and expansion plans.
With Emma Grede’s guidance and support, Ali and Shelly are now able to scale their production, expand their product line, and reach a wider audience.
They are also exploring opportunities to partner with retailers and expand their online presence.
2. Collaborations and New Product Launches
The Shark Tank investment has opened doors for exciting collaborations and new product launches.
Ooakshell Headbands is actively seeking partnerships with influencers and other brands that share its values of self-expression and individuality.
They are also working on expanding their product line to include other hair accessories and lifestyle products.
With their newfound resources and Emma’s expertise, the possibilities for Ooakshell Headbands are endless.
The Future
1. Ooakshell Headbands’ Bright Future
The future looks incredibly bright for Ooakshell Headbands. With their Shark Tank success, a passionate team, and a growing customer base, they’re poised to become a major player in the hair accessory market.
Their focus on self-expression and individuality resonates with consumers, and their commitment to quality ensures a loyal following.
As they continue to innovate and expand their product line, Ooakshell Headbands is sure to remain a beloved brand for years to come.
2. A Success Story for Aspiring Entrepreneurs
The story of Ooakshell Headbands serves as an inspiration to aspiring entrepreneurs everywhere. It demonstrates the power of a unique idea, unwavering passion, and the willingness to take risks.
Ali and Shelly’s journey from a small home-based business to a Shark Tank success story is a testament to the fact that with hard work and determination, anything is possible.
Their story encourages others to pursue their dreams, embrace their creativity, and never give up on their vision.
FAQs
What is unique about Ooakshell Headbands?
Ooakshell Headbands stands out due to its handcrafted, tie-dyed designs. Each piece is unique, allowing customers to express their individuality. The brand also focuses on comfort and quality, using materials like silk that are gentle on hair.
Who are the founders of Ooakshell Headbands?
The company was founded by two sisters, Ali and Shelly. Their shared passion for fashion and self-expression led them to create Ooakshell Headbands.
What products do they offer?
Ooakshell Headbands offers a range of hair accessories, including their signature tie-dyed headbands, silk-dyed scrunchies, and adjustable hair ties. They are also expanding their product line to include other hair and lifestyle items.
Did they get a deal on Shark Tank?
Yes, they secured a deal with Emma Grede for $150,000 in exchange for 20% equity in the company.
What are their future plans?
Ooakshell Headbands plans to use the investment to scale their production, expand their product line, and reach a wider audience. They are also exploring collaborations and partnerships to further grow their brand.
The Bottom Line
Ooakshell Headbands’ appearance on Shark Tank was a turning point for the company. The investment and partnership with Emma Grede have opened up new opportunities for growth and expansion. With their unique products, focus on self-expression, and commitment to quality, Ooakshell Headbands is well-positioned for continued success. Their story is an inspiration to aspiring entrepreneurs, demonstrating that with passion, hard work, and a little bit of luck, dreams can become reality.