Chord Buddy Shark Tank Update

Chord Buddy is an excellent platform or kit for quickly learning guitar chords.

This method simplifies all stages and explains them in an easily comprehensible, instantly graspable language, which delights the student in learning to play quickly.

Chord buddy also received multiple excellent reviews, including one from one of the sharks, Robert Herjevic, who stated, ” Chord buddy works! It allowed me to start playing the piece right away”.

Shark Tank’s famous television show featured Chord Buddy in its episode, garnered enormous popularity. The system is designed to teach guitar lessons over the course of two months.

Travis Perry founded chord buddy. Chord buddy does not require a tutor to teach the learner guitar. All required is a guitar, instructional DVDs, and a lesson book.

Travis designed it for people who wanted to learn guitar but could not afford private guitar lessons. 

Chord Buddy is ideal if they have difficulty learning certain chords since they do not need to spend a lot of money learning them.

Travis initially introduced his product to the market in October 2018. It was simple enough that anyone could pick up the skills within two months. The original intention was to teach his daughter the basics of guitar playing.

What Is Chord Buddy?

Chord Buddy is a flexible way for guitar and ukulele enthusiasts of all ages to learn to play both instruments. A guitar lesson may seem like an excruciatingly difficult and unpleasant undertaking.

Chord Buddy’s unique self-teaching device conveniently attaches to the neck of the guitar and eliminates the pain and effort associated with learning.

You will never need to worry about these problems again since the Chord Buddy manages all of them for you.

The Chord Buddy allows you to play guitar with the click of a button, rather than wasting time working on your hand position and developing calluses.

Chord Buddy Shark Tank Update

There are four color-coded buttons on the novel design, each containing notes for one of the four most commonly used chords: C, D, G, and E minor. Simply press the green button.

You have just performed a C chord. You can create a D chord by pressing the red button. You can play hundreds of songs if you can strum and hit the four buttons on the guitar.

Chord Buddy is not intended to function as a crutch. This unique learning system gradually deletes buttons by deleting them one by one as it teaches.

You will still be able to access the remaining three buttons; however, you will have to learn where to place your fingers to play the fourth chord.

Over two months, you will gradually wean yourself off the Chord Buddy and become an independent guitar player.

Company NameChord Buddy
EntrepreneurTravis Perry
ProductGuitar Learning System
Investment Asking For$125,000 for 10% equity of Chord Buddy
Final Deal$175,000 for 20% equity of Chord Buddy
SharkRobert Herjavec
Episode Season 3 Episode 3
Business StatusIn Business
WebsiteVisit Website

Who Is The Founder Of Chord Buddy?

Travis Perry, a native of Dothan, Alabama, is the founder and creator of the Chord Buddy software. 

He received his undergraduate degree from Troy University before becoming a music instructor and guitarist.

Perry’s story shows that he was about to declare bankruptcy when he embarked on a business venture that resulted in millions of sales.

Perry takes guitar lessons, and he has heard many complaints from his students about learning to play.

Some beginners have complained that not only does it take them a long time, but it is also quite uncomfortable for their fingertips. 

He also gave up the guitar for the same reasons as his daughter, who was eight years old at the time.

Perry decided to improve the guitar due to his daughter’s frustration with the instrument and many other rookie players.

He created Chord Buddy with his extensive knowledge of stringed instruments. He began designing a gadget and a system that would eventually become Chord Buddy.

As a company, Chord Buddy offers song and lesson books, accessories, and DVD instruction, along with two-month lesson plans for teachers.

A lucrative business has evolved around Perry’s guitar, as he has gone from enticing the other sex with the instrument.

Chord Buddy Before Shark Tank

Perry created a product from Dothan, Alabama, when his daughter inspired him. Perry claims he invented a gadget that lets him play guitar instantly.

Travis Perry says people give up learning to play the guitar primarily because they are frustrated and experiencing pain in their fingers.

Travis Perry’s eight-year-old daughter also expressed her desire to stop playing the guitar, which is why he thinks it is time to fix the usual guitar “obstacles.”

Travis Perry says his neighborhood was particularly hard hit during the downturn, so it is imperative to retain manufacturing and jobs here in the United States.

Additionally, Travis Perry emphasizes the importance of giving back to the community.

He also recognizes the importance of employing people, providing them with opportunities, and developing a product that millions of guitar enthusiasts will enjoy.

Travis Perry contends that he needs Shark Investments urgently because he has established a market for his goods, but he is out of money.

How Was The Shark Tank Pitch Of Chord Buddy?

Travis appeared on Shark Tank, hoping to receive $125,000 for a 10% stake in Chord Buddy. This guitar learning system takes two months to complete.

This basic kit includes the Chord Buddy, an instruction book, a DVD, a lesson schedule with two months to follow, and a songbook with over 100 songs. You can purchase additional items separately.

He created the device to teach his daughter to play the guitar. Tavis had a total of $150,000 in sales when he appeared at the Shark Tank.

While Mark admires Travis, he decides to go out because he believes Travis will not sell the product on the road without going out.

Chord Buddy is quite popular among the other Sharks, and they all make offers.

Mr. Wonderful provides $125,000 in exchange for a 20 percent stake in the company and promises to promote it personally.

Daymond John accepts the offer and adds a celebrity endorsement to his resume. Robert also enters the fray, offering $125,000 in exchange for 20% of the company.

Barbara is offering $175K for 20 percent of the business, with $50K set aside for an infomercial.

Travis admires Robert for being a family man, and so he inquires as to whether Robert will match Barbara’s offer. He does, and Travis and Robert agree to the deal.

What Happened To Chord Buddy After Shark Tank?

The four Sharks’ offers essentially replicated one another, demonstrating Chord Buddy’s ability to generate profits and revenue.

Robert says he made the best investment of his career by agreeing to work with Travis Perry on ChordBuddy.

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ChordBuddy is still $49.95, but alternative guitars can be used in conjunction with it. You can also buy ChordBuddy from Amazon.

ChordBuddy also offers a variety of accessories, including gift bags and tuners, along with the primary product. 

Travis also has a YouTube channel to upload videos showing how to use the ChordBuddy to play songs.

Chord Buddy Shark Tank Update

Chord buddy following Shark Tank’s investment as agreed upon with Robert.

Travis’ product has achieved huge popularity on Amazon since its debut on Shark Tank.

Travis expanded his market, and well-known musician John Rich promoted Chord buddy.

Chord Buddy Shark Tank Update

With investors valuing the company at $1.2 million, Chord Buddy has been a smooth operation since it was founded.

Before competing on Shark Tank, the business had previously earned more than $500,000. They made $1.5 million in revenue following their grand appearance.

As of 2022, Chord Buddy is still operating and earning a profit of $ 1 million per year. We desire his business would continue indefinitely.

Is Chord Buddy Still In Business?

Chord Buddy is a startup that takes Guitar Hero to the next level and makes learning the guitar fun.

A customer can purchase the company’s products directly from the website or through one of the company’s merchant partners throughout the United States. They are also available through e-commerce platforms such as Amazon.

Various products are available, from books to string tuners and color-coded learning aids.

You can use DVDs to take the do-it-yourself method, and the website also offers guitar teachers training to use the system in classes.

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Additionally, customers can utilize downloadable apps to supplement their education. Travis Perry remains the company’s chief executive officer of Chord Buddy.

Guitar learning tools attached directly to the guitar are widely available, but Chord Buddy is the industry leader.

However, for complete beginners, the only way they can learn how to play the guitar in an entertaining and interactive environment is through the Guitar Hero video game series.

Guitar Hero is available on Playstation and Xbox and includes a variety of color-coded guitar controllers.

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