ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Meet the Entrepreneurs who Bagged a 6-Figure Investment at 'Shark Tank' For a Face Mask Venture

Introduced to the world in 2022, HummViewer captured the attention of viewers and investors alike with its innovative design.
PUBLISHED FEB 7, 2024
Cover Image Source: Instagram | hummviewer_hummingbirdfeeder
Cover Image Source: Instagram | hummviewer_hummingbirdfeeder

Success stories of entrepreneurs often emerge from the most unexpected places, and this is particularly true for the rise of HummViewer, a company propelled to stardom by its ingenious bird-feeding face masks, as showcased on ABC's hit television series "Shark Tank." What began as a seemingly whimsical concept has blossomed into a lucrative venture for the dynamic duo behind it, Joan and John Creed, marking a pivotal moment in their entrepreneurial journey, per CNBC Make It.

Introduced to the world in 2022, HummViewer captured the attention of viewers and investors alike with its innovative design. The premise was simple yet captivating: clear face masks adorned with sugar-water reservoirs cleverly disguised as flowers, offering enthusiasts an intimate encounter with hummingbirds in their natural habitat. Seizing the opportunity presented by "Shark Tank," the Creeds secured a game-changing deal as guest investor Daniel Lubetzky invested $75,000 for a 33% stake in their Loveland, Colorado-based enterprise.

Image Source: Instagram | hummviewer_hummingbirdfeeder
Image Source: Instagram | hummviewer_hummingbirdfeeder

The immediate aftermath of their televised debut was nothing short of remarkable. Within a mere twenty-four hours, HummViewer's inventory of 1,500 units had been entirely depleted, translating to an impressive $102,000 in sales. Such an overwhelming response spoke volumes about the product's appeal and the public's appetite for unique experiences.

But this was only the beginning, as HummViewer experienced exponential growth in just eight months, raking in a staggering $350,000 in revenue. For the Creeds, this surge in demand heralded a significant milestone–the decision to bid farewell to their conventional employment and devote themselves fully to their entrepreneurial pursuits. Indeed, the allure of entrepreneurship lies not only in financial prosperity but also in the freedom to pursue one's passion wholeheartedly.

Image Source: Instagram | hummviewer_hummingbirdfeeder
Image Source: Instagram | hummviewer_hummingbirdfeeder

But even amidst the jubilation of their newfound success, the Creeds encountered challenges that tested their resilience and resourcefulness. Foremost among these hurdles was the emergence of fraudulent copycat websites and unscrupulous third-party sellers seeking to capitalize on HummViewer's patented innovation. Faced with this onslaught of imitators, the Creeds enlisted legal assistance to combat these illicit activities, engaging in a relentless game of cat and mouse to safeguard their intellectual property rights.

Furthermore, the surge in demand precipitated logistical complications, particularly concerning manufacturing and quality control. Despite their partnership with a factory in China, efforts to scale up production to meet consumer demand resulted in unforeseen setbacks, including compromised product quality and compatibility issues. However, armed with Daniel Lubetzky's investment, the Creeds embarked on a pilgrimage to the manufacturing facility, determined to rectify these deficiencies firsthand. Through meticulous oversight and hands-on collaboration, they succeeded in enhancing product quality and streamlining production processes, ensuring a smoother customer experience for future iterations of HummViewer.



 

Looking back at their whirlwind journey, the Creeds expressed gratitude for the transformative impact of their "Shark Tank" experience. Beyond the realm of financial gain, the show provided them with a platform to realize their entrepreneurial aspirations, fostering personal and professional growth in the process. As they navigate the challenges and triumphs of entrepreneurship, the Creeds remain steadfast in their commitment to innovation and perseverance, embodying the spirit of resilience that defines their entrepreneurial voyage.

MORE ON MARKET REALIST
Pressure from the government and consumers choices have forced this decision.
1 day ago
She took her time to secure the big prize, drawing a loud cheer from the audience.
1 day ago
The billionaire also predicted that other companies would follow suit in the future.
1 day ago
His comments have led to several Americans calling him out for not reducing beef prices.
1 day ago
Billionaires grew their wealth by an incredible 22% in the last year as regular Americans struggled.
1 day ago
Americans in a Reuters/Ipsos poll identified the cost of living as the primary factor influencing their votes in the upcoming midterms.
1 day ago
This will be damning for the DHS, which is already under immense pressure from the public.
2 days ago
Experts believe that it has to do with getting a sense of momentary control.
2 days ago
It seemed like the contestant was heading towards defeat, but his luck soon turned around.
2 days ago
The company says it has taken action to protect its rights as an importer to seek duty refunds.
2 days ago
The payout was driven by the company’s financial strength and strong underwriting performance.
2 days ago
Trump made this claim during his lengthy State Of The Union address earlier.
2 days ago
Research predicted that in the consumer sector, "AI personalization strategists" and "AI supply-chain analysts" jobs are expected to emerge.
2 days ago
The product might contain germs as the pasteurization process was not done properly due to a equipment troubleshooting error
3 days ago
The contestant came as close as possible to winning big, but had her heart broken in the end.
3 days ago
Trump failed to address the affordability issue that voters care most about.
3 days ago
He said that society is not quite ready for the pace at which AI is currently displacing workers.
3 days ago
The recall affected products that were sold to customers in four states and in Canada.
3 days ago
Those opposed to the changes believe Trump is politicizing the health of children.
3 days ago
Bessent said that the proposition would be rolled out “in the coming weeks and months,” as a tool for working-class Americans left behind.
3 days ago