Pooch Selfie Shark Tank Net Worth: Pooch Selfie was established in 2016 by Jason Hernandez of San Diego, in the state of California. Jason has a degree in Mechanical Engineering and has previous experience working in the engineering and sales management fields. He is still the Chief Executive Officer of Clever Dog Products (Pooch Selfie), in addition to his role as Business Development Manager at the company.
Hernandez really enjoys his animals, and you can often see him posing for pictures with them. The fact that dogs are typically difficult when it comes to sitting still for photographs was the inspiration for the development of this character. In 2015, he used Kickstarter to raise the funds necessary to launch a manufacturing business.
After the successful completion of the Kickstarter campaign, Hernandez produced a high-quality advertisement for the product, and it is now available at a variety of retail establishments, including Bed Bath & Beyond, Target, and Amazon.
Hernandez made the decision to present his goods to the investors on the show Shark Tank in the hopes that they would assist him to earn from sales. In his appearance on “Shark Tank,” Hernandez made a pitch in which he requested $100,000 in return for a 20 percent ownership stake in his company, which was valued at $500,000 at the time.
Because of his anxiety, the Sharks tell him to take a few deep breaths and try to calm himself before continuing. After that, Hernandez talks about the product and hands everyone some free samples. The manufacturing cost of each gadget is just $1.30, whereas the sale price is $9.99. To this point, he has achieved a total sales volume of $380,000.
Hernandez is completely debt-free since he invested his own personal sum of $18,000 in the Pooch Selfie. He was responsible for everything, from the product itself to the packaging and everything else in between. He went so far as to go to China in order to collaborate on the molds with the manufacturer there.
He was, alas, taken in by a con artist. Because of the lack of demand, he was forced to lower the price of the merchandise he sold at Bed, Bath, and Beyond. As a direct consequence of this, he maintains an inventory value of $100 000.
Daymond breaks down in tears and explains that he just had to say goodbye to his dog, Spartan and that he was never able to obtain a good picture of the dog. He makes Hernandez an offer of one hundred thousand dollars in return for a 33.3% stake in the company.
Is Pooch Selfie still in Business
Hernandez accepts the offer and leaves the Shark Tank having made a deal, prompting the other Sharks to leave the room one at a time. They do this because they are aware that Daymond would be an ideal business partner for Hernandez.
This season of Shark Tank featured Jason Hernandez of San Diego, California, who is the inventor of the Pooch Selfie and who presented the product to the investors.
A gadget that can be simply attached to any smartphone or tablet has been conceptualized and developed by Jason. This equipment makes it a pleasure to take photographs that are clear and in focus, including those of you and the people you care about the most.
The Pooch Selfie Squeaky Ball is fastened to the device with a clasp made of black plastic. Although it is fastened securely, the clasp may be undone if you want Bruno to pay attention to the ball when you squeak it.
In episode 1013 of Shark Tank, Jason Hernandez presents his product, Pooch Selfie, to the investors in the form of a pitch. Pooch Selfie is an item that assists dogs in looking at the camera while they are being photographed.
Pooch Selfies are dog toy attachments for smartphones that come with a squeaking ball mounted to a bracket at the very top. This causes the dog’s attention to be drawn to the object, and it then turns its look toward the lens of the camera, which results in a far better selfie.
An anxious person by the name of Jason is demanding one hundred thousand dollars in return for a twenty percent ownership in the company PoochSelfie. Due to the fact that they are aware of how anxious he is, the Sharks have given him the advice to calm down and take some deep breaths.
After that, Jason gives a brief description of the product and hands everyone some samples. The selling price of the items is $9.99, although the unit cost to produce them is just $1.30. To this point, he has achieved a total sales volume of $380,000.
Jason has no outstanding debt and committed his personal $18,000 to the PoochSelfie venture. Everything, from the product itself to the package it came in, was his invention.
Hernandez made the decision to propose his concept on “Shark Tank,” and as a result, the investors helped him make money off of sales. When Hernandez joined the Shark Tank, he proposed a deal in which he would give up a twenty percent ownership in his firm in exchange for one hundred thousand dollars.
Because of his nervousness, the Sharks try to calm him down by telling him to take some deep breaths and just relax. After that, Hernandez gives out samples and gives a presentation on the product. Each gizmo has a production cost of $1.30 but maybe sold for $9.99.
To this point, he has achieved a total of $380,000 in sales. Hernandez is now debt-free as a result of investing his own money in the Pooch Selfie to the tune of $18,000. He was responsible for every aspect of the production, including product creation, packaging, and everything else.
He went so far as to go all the way to China to work on the molds with the manufacturer there. Unfortunately, he had been taken advantage of in some way. Due to the lack of demand for the products, he was forced to reduce the price of the things that were sold at Bed, Bath, and Beyond. As a direct result of this, he has a stockpile worth about $100,000.
Daymond sobs and tells that he just had to say goodbye to his dog, Spartan and that he was never able to snap a nice photo of him before he passed away. He extends to Hernandez an offer of one hundred thousand dollars in exchange for a 33.3% ownership part in the firm. After each of the other prospective investors has left the room, it is revealed that the remaining Sharks have collectively come to the conclusion that Daymond would be an excellent business partner for Hernandez.
A very anxious Jason is asking for $100,000 in exchange for a 20 percent stake in PoochSelfie. Due to the fact that he is so anxious, the Sharks encourage him to take a few deep breaths and just calm down. Once everything was put together, Jason gave everyone samples and gave a description of the product. The production of one item costs just $1.30, yet it may be sold for $9.99. To this point, he has achieved a total of $380,000 in sales.
Jason is completely debt-free despite having put $18,000 of his own money into the PoochSelfie business. He was responsible for the design of the product as well as its packaging and other aspects. He even traveled all the way to China to collaborate on the molds with the company that made them. Unfortunately, he was taken advantage of in some way. He stocked the item at Bed, Bath & Beyond but was forced to reduce the price since customers were not purchasing it there. As a result of this, he now owns $100,000 worth of merchandise.
Daymond breaks down in tears and confesses that he has just said goodbye to his dog, Spartan and that he has no decent photos of the two of them together. He makes the offer to Jason for 33,3 percent of the $100,000. The other Sharks decide one by one not to participate in the competition since they are aware that Daymond would be an excellent partner for Jason, who agrees to the terms of the arrangement.