Silidog pet tags plus#
Silidog pet tags tv#

Silidog pet tags tv#

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Then Robert undercuts Lori and goes to a 25 cent royalty. Lori announces she’ll do the same deal at a 50 cent royaly. Barbara announces she’ll match Kevin’s deal and then Kevin drops to a 75 cent royalty. Kevin comes back in and matches Barbara’s offer, but with a $1 royalty.

Silidog pet tags plus#

Mikey counters Lori at 25% and she goes out.Īll of a sudden, Barbara comes back in with an offer of $100,000 for 30% plus a $2 per unit royalty until she gets her money back. Lori offers $100,000 for 51% so she could have a controlling interest. Robert said he’d “take a flyer” and offers $100,000 for 50% of the business. Barbara is next out, citing the limited opportunity for an investor. Mark quickly followed Kevin out saying he didn’t like the pet sector. Kevin says he likes Mikey but can’t see himself “doing the dog tag thing ” he’s out.

He wants to use the $100,000 to increase his manufacturing – he’s still making them in his garage. He thinks licensing and custom logos are the next step for the business. He expects next year’s sales to be $200,000. To date, he’s in 90 mom and pop pet shops and has $142,000 in sales. As he hands out samples, he tells the Sharks it costs $2.99 to make a tag and he sells them for $19.99. He tells the story about Bentley and how he got the idea for the tags. Mikey enters seeking $100,000 for 15% of his business. Will a Shark like this philanthropic business? Silidog Shark Tank Recap Mikey likely needs seed money to fund growing production and assistance in approaching big box pet stores. Each tag costs $20 and a portion of each sale goes to the ASPCA. They come in a wide variety of colors and even glow in the dark! Like metal tags, a dog owner would have contact information printed on it. Unlike metal tags, it won’t fade or irritate a dog. With the help of some friends, they assembled a team and started the business out of his parent’s garage. That dog, Bentley, decided he’d found his perfect person in Mr. He got inspired to create Silidog tags when a friend brought him a dog that was thrown from a moving vehicle. Mikey is a dog lover who fostered dogs while in school. He got the business started on Kickstarter in 2015, raising $11,357. Lickstein, who got a Master’s Degree in Entrepreneurship at the University of Florida, wanted to create a pet tag that didn’t jingle or fade. Mikey Lickstein seeks a Shark investment for Silidog, the new generation of dog tags, in Shark Tank episode 806.