What Works for Startups Like Yours?

The Lip Bar is a lipstick brand founded by Melissa and co-founder Rosco Spears. After appearing on Shark Tank, the founders pitched their product to Target and launched a new color on Target's online store in 2016. The company has since expanded to 500 Target store locations and continues to grow despite pandemic-related challenges.

First customers: Target online store pitch after Shark Tank appearance

Yo Shirt is a mobile app enabling users to design and order custom on-demand apparel directly from their iOS device. Founded in 2014 by Ben Williamson (former senior-level Apple engineer), the company raised $1.1M in a priced equity round in early 2015 and reached $3M in revenue by end of 2015, with projections to hit $10M in 2016. Growth was driven primarily through strategic brand partnerships (notably Fallout Boy, which generated over 1,000 units in a single tour activation) and organic marketing including Apple App Store features.

Pressbox was a dry cleaning service founded by Vijen Patel in 2013 that disrupted the industry not through technology but through ruthless unit economics: laundry lockers in high-rises eliminated rent and labor costs, enabling a memorable $1.99-per-shirt price point. By breaking even in 6 weeks and maintaining a 98% retention rate, Pressbox scaled to hundreds of locations before being acquired by Procter & Gaml, becoming Tide Cleaners with ~1,200 locations.

First customers: High-rise placement through securing a location in Chicago's top high-rises as building amenities

Drunk Elephant was launched in 2013 by stay-at-home mom Tiffany Masterson with no prior experience in skin care, retail, or business. Despite industry skepticism about her brand name, product design, and strategy of focusing on a single high-end retailer, she built the company into a $845 million acquisition by Shiseido in just six years through strategic instincts, determination, and belief in her products.

Joseph Michael built Learn Scrivener Fast, a one-time-purchase online course teaching writers how to master Scrivener software, generating $500,000 in revenue in 2015 (averaging $40-42k/month). Starting from a $60k/year casino job with no email list, he grew the business through strategic JV partnerships with influential writers, leveraging a 30% conversion rate on webinars and building a targeted email list of 60,000+ subscribers. His model demonstrates how teaching strategy around an existing tool can be more profitable than the software itself.

First customers: JV partnership webinar with Jeff Gawins (GawinsRider.com)

Woosh is a screen and device cleaning product company founded in 2012 by Jason Greenspan that pivoted from car cleaning products after discovering their formula worked exceptionally well on electronics. The company achieved over 200-300% year-over-year growth, reaching $5-10 million in projected 2016 revenue through primarily wholesale distribution across retailers like Apple Store and Staples, with the product available in multiple form factors including a $10 spray-and-cloth combo.

First customers: CES 2012 trade show as proof of concept, distributing one-ounce bottle samples

Melissa Butler launched The Lip Bar in 2010, creating bold lipstick colors designed for Black women's complexions after becoming frustrated with the lack of diversity in cosmetics. Despite a failed Shark Tank pitch, she successfully pitched to Target and launched a new color on their online store in 2016. Today, The Lip Bar (rebranded as TLB) is the largest Black-owned makeup brand sold in Target stores nationwide.

First customers: Direct-to-consumer kitchen sales, later through Shark Tank appearance attempt

Noah Rasheta built iStabilizer, a smartphone and tablet accessories company, after struggling to film his young son at the park with his iPhone 3GS. Starting with a universal smartphone tripod adapter costing $1 to make and retailing for $19.95, he grew the business from $60-70K in first-year revenue to $400-500K after landing a Walmart deal. Today the company has 15 SKUs and generates significant revenue from major retailers like AT&T Wireless ($600K annually) and Walmart ($400K annually), with 75% of revenue from retail partnerships and 25% from online sales.

First customers: Website sales following product launch

Supergoop! was founded in 2005 by Holly Thaggard, a former harpist inspired by a friend's skin cancer diagnosis to create sunscreen products. After an initial failed attempt to market to schools, she pivoted to retail and hired a publicist, eventually securing placement in Sephora, which transformed Supergoop! into a multi-million dollar brand.

First customers: Retail distribution through Sephora after pivoting from direct-to-school marketing approach

Kodiak Cakes began as an 8-year-old Joel Clark's door-to-door pancake mix sales operation in a red wagon, which he and his brother scaled into a Mazda sedan business by the mid-90s. After navigating near-bankruptcy from risky decisions, the brand achieved a major turning point by securing distribution in Target. Today, Kodiak Cakes is one of America's best-selling pancake mixes.

First customers: Door-to-door sales of pancake mix in a red wagon