The Man-Pack is the new product that is by guys for guys. On average guys now carry 4.5 pounds of stuff. Urban Tactile has three ways to wear this bag.
Three ways to wear Man-PACK
The first way to wear the Man-PACK is bandolier style. A quick release patch allows you to take it off quickly. Hold your wallet, keys, and beverage holder. You don't have to take the bag off to get into the bag.
The second way to wear Man-PACK is over the shoulder, and the third way to wear your pack is in reverse keeping your items protected from pickpockets.
Aaron was in the Army and built his first house when he was nineteen years old.
His sales the previous year were $76,000, and he projects $145,000. They cost $22 to manufacture, and they sell for $59.95. The product requires some education, and they sell online only as of the Shark Tank pitch. He has a design patent for the look of the bag.
Entrepreneur: Aaron Tweedie
Ask: $200k for 29% equity
Companies in this episode: The Natural Grip, Priority One Canine, Bottle Breacher
Season: Season 6 Episode 608
Sharks: Mark Cuban, Daymond John, Kevin O'Leary, Lori Greiner, Robert Herjavec
First Aired: 11/07/2014
What do the Shark Tank Investors say about Man-PACK
Mark Cuban thinks this business is hard to invest in, and the numbers demonstrate this will be hard to scale, so he is out.
Daymond John says his pitch indicates that he doesn't have what the partners need in investment and for that reason he is out.
Kevin O'Leary tells Aaron that he would have to own about 260% and that is the reason he is out.
Lori Greiner doesn't know that much about what men carry around, and there is a ton of competition, and he is not sure how popular the market is for The Man-PACK. She is out.
Robert Herjavec believes that he will make this business work, but not in the timeframe that he needs, so he is out.
Man-PACK after Shark Tank
Man-PACK's website demonstrates that Aaron is serious about his business and expanded his product offering.
Aaron believes that the Shark's were right on the valuation at the time of the show, but he made his perception reality, and Man-PACK is continuing to grow. The Shark Tank effect played into helping him develop his business.
Check out Man-PACK's full line of products available on Amazon. Learn More Here