What’s it with Wallet Buckle Shark Tank Update? A concealed wallet can hold up to five credit cards or IDs, making it ideal for people constantly on the go, with perfect product creativity that wowed the sharks.
Robert Herjavec couldn’t help but wonder why no one had tried it before. Trevor and Justin had been in the company for 18 months, and their sales from concerts and rodeos totaled roughly half a million dollars.
The Story Behind Wallet Buckle
This came on when it almost became a norm for people to store their credit cards and IDs in their phones; if lost, it’s screwed! Nobody wants a vigorous search by security at music or athletic events because you’ll be searched by security; everyone wants to simplify their lives.
‘Wallet Buckle was invented by my brother and myself to be a simple, carefree, and concealable alternative to the everyday wallet,’ Trevor said, stating how he left his wallet behind too many times.
‘Then we devised a method to ensure that you never leave your wallet behind again and no stories of no cash.’ Wallet Buckle is an exact replacement for traditional wallets since it allows you to store and insert your cards and ID in the buckle of your belt.
The Good of Wallet Buckle
It has a function that allows you to carry up to four cards at once, so you can carry not only your ID card but also numerous other cards.
An added advantage is its security and safety. There are plans to roll out the production design for the belt buckle that securely stores all of your vital credit, debit, and ID cards.
With no danger of being left behind or falling behind and the added convenience of being able to make payments in 15 seconds or less.
The Shark Tank Thingy
Shark Tank, a popular reality show where affluent investors assess firms seeking finance. The investors use various popular valuation tools to debunk or confirm the owner’s valuation and determine whether to provide cash in exchange for a part of the company. “Mark Cuban.” Forbes.
Wallet Buckle’s Trevor and Justin Johnston appeared on Shark Tank Season 8 Episode 23, requesting $500,000 in exchange for 10% of the stock but, unfortunately, could not conclude.
The world of men’s fashion is rapidly evolving, and the days of carrying a wallet in your pocket every day are long gone. We dislike taking wallets around with us. Who has time to search for a forgotten wallet on a Walmart counter, let alone call and block all of their cards and file a claim for missing ID?
Justin and Trevor Johnston invented Wallet Buckle to provide a practical, concealable, and carefree alternative to the typical pocket wallet. Trevor Johnston routinely left his wallet at restaurants, marts, and pubs, forcing both brothers to devise an intelligent solution.
Operations at Shark Tank
Their concept is the usage of a secure belt buckle that can hold all critical cards, such as credit cards, debit cards, and ID cards. You must remember the things because they are correctly packed inside your belt buckle.
Many of you may recall Wallet Buckle from The Shark Tank; the brothers appeared on the show in 2017 and proposed their idea to the Sharks. Wallet Buckle had previously sold 15,000 pieces before pitching to the Sharks.
While the brothers put on a fantastic performance, they could not sell their concept to the Sharks. Mark, Lori, and Daymond all agreed the market needed to be bigger, and the demographics decreased because the product wasn’t aimed at women. Despite leaving Shark Tank without securing any funding, the company’s growth continued.
Any Updates on Shark Tank Yet?
The good news from our Wallet Buckle report is that the company is still doing well despite the fact that it did not land a transaction on Shark Tank.
Wallet Buckle is still thriving in business and growing a vast overview on social media with active profiles at the time of writing. More crucially, the company has since entered into licensing agreements with the NCAA, NFL, MBL, and possibly the NBA.
From the most recent projections made, Wallet Buckle makes a yearly income of about $3 million, which, of course, is pretty good for a company in the hands of just two people.
