Richard Elden hopes to wheel away some cash when he shows the Sharks dBest Products, his wildly successful line of carts, in Shark Tank episode 814. Name just about anything and Elden makes a cart to make toting it around easier. He's been an innovator in the collapsible cart business for 15 years and produces dozens of different carts – even coolers on wheels.
Elden sold his products on QVC in the past and has distribution in over 30 foreign countries. He's constantly innovating, making new carts to match customer needs. Most of dBest Products come in at under $50, so he's affordable as well as useful.
I can't imagine what Elden wants from a Shark other than a celebrity, strategic partner to help grow the brand bigger. Based on the pictures of his warehouse, he has plenty of inventory and his 15 year track record indicates the business is strong.
Will a Shark want to tote away a piece of this business?
dBest Products Shark Tank Recap
Richard will pitch the panel of five Sharks on the business and its prospects for growth. He’ll need to convince Mark Cuban, Daymond John, Kevin O’Leary, Lori Grenier, and Robert Herjavec that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but he’ll need to show them HE is capable of running the company to “Shark standards." A full pitch re-cap on dBest Products will be available on Shark Tank Blog once this episode airs.
dBest Products Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on dBest Products and Richard Elden as more details become available.