Page Index
Shark Tank has many interesting products. Most products will offer value to our lives if they get made into a proper brand. The sharks are there to criticize, debate, and question the product and what they can offer.
Many people enter the show to fulfill their dream to become business owners and cater to the public with their unique ideas. There are innovative inventions by those who come to the show.
ShowNo Towel Key Highlight
- Shelly Ehler introduced herself on Shark Tank and pitched Show No. Her initial pitch was for $50,000 in return for a 25% share of her company.
- Show No Towels was founded by Shelly Ehler. She is a life coach, a wife, a mother of two children, and a part-time elementary school teacher.
- Shelly first introduced the ShowNo on the show, the product had decent sales and was valued at 200,000 $. The pitch started with 200k and could go higher.
Please Follow Us on Google News
What is ShowNo Towel?
Going to the beach is fun, and having a pool party with your friends is also fun. Once the fun is over, drying yourself is a hassle.
It’s more difficult for kids as they get messy. A towel called Show No has a central cutout. The cutout covers your child’s head. They change out of their wet garments, and the remainder of the towel will drape over your child’s torso.
It is a four-in-one towel. ShowNo combines a beach, bath, cover -up and changing towel. The towel serves to keep your child dry.
| Founder | Shelley Ehler |
| Ask | $50,000 for 25% ownership |
| Deal | $75,000 for 25% stake |
| Current Business Status | Out of Business |
| Click here | |
| Click here |
Who Is The Founder Of ShowNo Towel?
Show No Towels was founded by Shelly Ehler. She is a life coach, a wife, a mother of two children, and a part-time elementary school teacher.
As a motivational speaker, she has won honors and has inspired other mothers to rethink their life goals. She’s a role model for new entrepreneurs and mothers who wish to start small businesses.
Show NoTowel: Offering for the Investors
After introducing the product, ShowNo Shelly asked the Sharks for a 50k investment for a 25% share. Two sharks found the idea of ShowNo profitable.
Daymond Jhon and Lori Greiner were the ones interested. After a debate of offers, Shelly settled with Greiner’s check for 75k and 25% share.
Did ShowNo Towel get a deal on Shark Tank?
Yes, the idea was practical and would generate revenue. Shelly Ehler introduced herself on Shark Tank and pitched Show No. Her initial pitch was for $50,000 in return for a 25% share of her company.
She explained the various advantages of her product. She focused on its versatility and ease of use. Some were impressed, some weren’t.
Greiner was impressed with the product and offered a $75,000 investment for the 25% share. Shelly left with a deal with Lori Greiner.
| Shark | Lori Greiner |
| Company | ShowNo Towels |
| Status | Out of Business |
| Season | Season 3 Episode 4 |
| Website | Click Here |
How did ShowNo Towel Start? (Aim and Goal)
She started it all while attempting to help her sons with their adjustments in swimming garments. It was difficult to change clothes in public.
Shelley created a unique towel. It took care of all her concerns. Given the novelty of the idea, Shelley might have been given a patent, but finances were limited.
The mother finds it hard to get her boys to change into swimwear when they get to the beach. Having towels on hand is vital. It’s annoying to change in public.
A mother would want their child to feel safe. The idea to create a showno towel came up. The basic idea is to give the safety to change anywhere easily.
Please Follow Us on Google News
ShowNo Towel: Before Shark Tank
Finding a spot at the beach that is convenient for changing into and out of swimming suits is difficult.
Show No Towel, a product that Shelly sells, is helpful in these situations. The Show No towel is a towel with a slit cut out of the middle, which is supposed to serve as your child’s head route while they use the device.
The remaining part of the towel draped over your child’s body will shield them from the weather as they take off their wet clothes. This entertaining new invention will keep your kids dry at the pool, beach, and even when bathing.
She wanted to sell her products in water parks to jumpstart sales and establish her brand, even though she founded the business and has had some success with it thus far.
But to achieve that goal, she will require some help. So Shelly went to ABC’s “Shark Tank” and gave her ShowNo, hoping the “Sharks” would give her the financial support.
What happened to ShowNo Towel after Shark Tank?
After appearing on Shark Tank, Shelly and Lori introduced their Show No Towel on the Today Show. They also secured the supply of Show No Towels for Disney World’s Water Park.
Shelly said that going on Shark Tank made her want to pursue her dream and work harder. After six years, Shelly and Lori Greiner’s deal fell through. Unfortunately, the Show No website does not sell Show No Towels anymore.
Fact and Figure Before Shark Tank Valuation?
When Shelly first introduced the ShowNo on the show, the product had decent sales and was valued at 200,000 $. The pitch started with 200k and could go higher.
Fact and Figure After the Shark Tank Valuation
After Lori Greiner was impressed and gave a deal of 75k for a 25% deal, the company got a higher value. The value for ShowNo went from 200k to 300k in 2013.
Why did Show No Towel go out of business?
Despite the ShowNo being handy, it couldn’t generate enough attention from the consumers. The main competition was to grab the customer’s attention, which the product failed to do.
Even though Lori Greiner gave a higher deal of 75k for a 25% share, ShowNo failed to make a place in the market. The towel could easily be made at home by making a few slits and cuts. Thus ShowNo was a dud.
Are there any products like ShowNo Towel in the market now?
Yes. As the product wasn’t anything incredible, the deal fell through. The company went down. Show No is no longer in business. However, there are many similar designs on Amazon.
The towels have popular Disney characters, Nickelodeon characters, Marvel characters, and even Mattel characters like Thomas the Train. The product was convenient but wasn’t able to get the customers to buy it.
How much is Show No Towel’s net worth?
Net worth: 300,000 (2012)
The company went under. It was unable to make a place for itself in the market. The product wasn’t extraordinary. The product did sell in a few businesses but eventually fell off the market.
