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
The counties with the most expensive housing are located in the West.
13 hours ago
The President recently signed an order barring corporations from buying single family homes.
1 day ago
If consumed the product could prove fatal for those with a peanut allergy.
1 day ago
She missed out on the car by just one number, which must have been painful.
1 day ago
Regional grocers had a fantastic performance as they took the top three spots in the rankings.
1 day ago
They wished to remain anonymous and took some time to seek financial and legal advice.
1 day ago
Increased consumer spending, exports, government expenditure, and investment drove the U.S. economy's 2.5% annualized growth rate.
1 day ago
"The A was a good guess but the B or the O could be used. Q is a rare letter but not frequently used here," a fan reacted.
2 days ago
She had a good feeling about the item when she saw it but she wasn't sure of its value.
2 days ago
The overhaul comes as a direct result of the Trump administration's aggressive budget cuts.
2 days ago
She did not put a foot wrong in her performance which left fans and the cast impressed.
2 days ago
He also credited US President Donald Trump for his vision of re-industrialization with AI.
2 days ago
His comments were made in response to a Danish pensioner pulling their investment from the US.
2 days ago
This ruling reflects growing trade tensions between the US and Europe amidst the Greenland crisis.
2 days ago
She did not win much but it would have been better than going home empty-handed.
3 days ago
Brian Moynihan told Fox that a number of factors will contribute to the US GDP growth.
3 days ago
The President has a desire to take control of Greenland, threatening allies with tariffs.
3 days ago
It seems like the people of Denmark are replying to the US by using their own tactics.
3 days ago