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

'Shark Tank' contestants pitch their holiday decor business and end up with a life-changing deal

Herjavec was the only one who believed that he could make the business go big.
PUBLISHED OCT 6, 2025
Screenshots showing Robert Herjavec and the entrepreneurs on "Shark Tank" (Cover Image Source: YouTube | Shark Tank Global)
Screenshots showing Robert Herjavec and the entrepreneurs on "Shark Tank" (Cover Image Source: YouTube | Shark Tank Global)

Festive decor may be a seasonal product, but a good business model, and something unique to offer can turn it into something lucrative. That is exactly what "Shark Tank" entrepreneurs brought to the table, and Robert Herjavec bought into that idea and invested a quarter-million in it. The founders showed up with a service that ships customers a box of customized holiday decor items that one needs to simply take out of the box and put up, without the hassle of holiday shopping.

The entrepreneurs, Kristina Barnes and Liz Voelker, sought $250,000 for a 10% stake in their company, Readyfestive, that offers a subscription-based service to its customers, delivering a customized and curated holiday decor service. Customers can go to the company’s website and pick their preferred holidays or seasons, and the box sizes, which are mini, standard, and deluxe.

Screenshot showing some of the products. (Image credit: YouTube | Shark Tank Global)
Screenshot showing some of the products. (Image source: YouTube | Shark Tank Global)

The way the subscription works is that customers have to sign up for a minimum of three holidays, during which they can receive the decoration boxes from Readyfestive. There are a couple of payment options. Users can pay the money up-front and get a 10% discount, or they can pay as they go along. The entrepreneurs also said that they keep up with all the latest trends in holiday decor to provide the best products to their customers.

However, one of the big issues with such a business model is that it is quite complex. One always has to be on top of inventory, especially when it comes to pre-orders. With new items trending in each season for a different holiday, things are challenging for the entrepreneurs too. Despite these challenges, Barnes and Voelker had done quite well for themselves.

Screenshot showing the entrepreneurs. (Image credit: YouTube | Shark Tank Global)
Screenshot showing the entrepreneurs. (Image credit: YouTube | Shark Tank Global)

They said that the company had been in operation for almost three years and in that time, they had recorded revenue of $1.5 million. The first year, they made $250,000. The second year, they made $500,000. In the third year, the entrepreneurs said that they projected over $1.5 million in sales. At the time of taping, the company had earned $800,000 year-to-date in revenue.

However, the sharks still had their doubts. Mark Cuban did not believe that it was the right business for him. As far as Barbara Corcoran and Kevin O’Leary were concerned, they thought that there were too many challenges. Lori Greiner did not believe they even needed a shark at all. Robert Herjavec was the only one who made an offer, but he wanted 20% for $250,000.

Screenshot showing the sharks. (Image credit: YouTube | Shark Tank Global)
Screenshot showing the sharks. (Image credit: YouTube | Shark Tank Global)

After a few rounds of negotiations, both parties agreed that $250,000 for an 18% was a fair offer, and a deal was struck.

More on Market Realist

'Shark Tank' contestant gets a massive $1 million deal from two judges for his photography product

'Shark Tank' contestants bag a life-changing deal for their creative Christmas gift

Kevin O’Leary didn't want to negotiate with this 'Shark Tank' contestant — but he still got a deal

RELATED TOPICS SHARK TANK
MORE ON MARKET REALIST
Americans in a Reuters/Ipsos poll identified the cost of living as the primary factor influencing their votes in the upcoming midterms.
1 hour ago
This will be damning for the DHS, which is already under immense pressure from the public.
18 hours ago
Experts believe that it has to do with getting a sense of momentary control.
20 hours ago
It seemed like the contestant was heading towards defeat, but his luck soon turned around.
20 hours ago
The company says it has taken action to protect its rights as an importer to seek duty refunds.
23 hours ago
The payout was driven by the company’s financial strength and strong underwriting performance.
23 hours ago
Trump made this claim during his lengthy State Of The Union address earlier.
23 hours ago
Research predicted that in the consumer sector, "AI personalization strategists" and "AI supply-chain analysts" jobs are expected to emerge.
1 day ago
The product might contain germs as the pasteurization process was not done properly due to a equipment troubleshooting error
1 day ago
The contestant came as close as possible to winning big, but had her heart broken in the end.
1 day ago
Trump failed to address the affordability issue that voters care most about.
1 day ago
He said that society is not quite ready for the pace at which AI is currently displacing workers.
1 day ago
The recall affected products that were sold to customers in four states and in Canada.
1 day ago
Those opposed to the changes believe Trump is politicizing the health of children.
2 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.
2 days ago
“It’s a bad idea. We are very alarmed,” a financial source stated about the proposed move.
2 days ago
A post on X could move trillions of dollars due to the power that retail investors hold
2 days ago
Despite a poor start, the contestant came close to winning the big prize.
2 days ago
The retailer had to face big losses as customers abused the no questions asked return policy.
2 days ago
The President is reportedly looking to pass tax breaks using reconciliation.
2 days ago