Shark Tank is a popular reality TV show where entrepreneurs pitch their businesses to a panel of investors, hoping to secure funding and take their company to the next level. M.C. Squares, a company that creates reusable whiteboard stickers, was one such business that appeared on the show.
The M.C. Squares Pitch
On the show, M.C. Squares founder Anthony Franco pitched his company to the sharks, seeking $300,000 in exchange for a 10% stake in the business. The sharks were impressed by the product, which allows people to turn any surface into a whiteboard, but they were hesitant to invest due to concerns about the company’s valuation. In the end, Franco was unable to secure a deal on the show.
Post-Shark Tank Success
Despite not securing a deal on Shark Tank, M.C. Squares has gone on to achieve great success. The company has expanded its product line and is now sold in major retailers like Staples and Walmart. In 2020, M.C. Squares was named one of Inc. Magazine’s Best Workplaces, and the company has been featured in numerous media outlets, including Forbes and Entrepreneur.
The Importance of Persistence
M.C. Squares’ success after Shark Tank is a testament to the importance of persistence in entrepreneurship. Even when faced with rejection, Franco and his team continued to believe in their product and worked hard to grow their business. They leveraged their appearance on Shark Tank to increase brand awareness and continued to innovate and improve their product.
The Future of M.C. Squares
Looking ahead, the future looks bright for M.C. Squares. The company is constantly exploring new product ideas and markets to expand into. With a focus on sustainability and innovation, M.C. Squares is poised for continued success in the years to come.
Conclusion
Despite not securing a deal on Shark Tank, M.C. Squares has gone on to achieve great success. The company’s story is a testament to the importance of persistence and believing in your product. With a focus on sustainability and innovation, M.C. Squares is poised for continued success in the years to come.