What Are OneSole Shoes?
OneSole Shoes are remarkable inventions that let women customize the components of their shoes based on the color and style they prefer. The shoes come in a variety of colors and styles.
The product is supplied with a range of soles that can be used with several tops to create a customized look. Travelers can reduce the amount of luggage they carry with the versatility of the luggage.
Additionally, purchasing numerous shoes of the same design is no longer necessary. OneSole Shoes was founded by Dominique McClain Barteet on the side while working as a pharmacist at a local hospital.
In 2003, she opened her independent pharmacy in North Palm Beach after beginning her pharmacy career as a technician at Pharmacist Medical Drugstore. She continues to pursue her pharmaceutical passion while serving as the company’s CEO she co-founded in 2002.
Many women have benefited from her endeavor because of the way she has approached the project through trial and error.
|Entrepreneur||Dominique McClain Barteet|
|Product / Business||Interchangeable shoes|
|Investment Asking For||$500,000 for 20% equity in OneSole|
|Final Deal||$500,000 for 35% equity in OneSole|
|Episode||Season 2 Episode 9|
|Business Status||In Business|
Who Is The Founder Of OneSole Shoes?
Dominique McClain Barteet is the founder of OneSole Shoes in 2002 in West Palm Beach, Florida, with the help of a group of friends. The idea that she could change the colors and styles of shoes on the same pair of shoes was more appealing than she had initially imagined.
Dominique began experimenting with this concept in the pharmacy’s backroom as a test area. It was only through trial and error that Dominique developed the idea for OneSole shoes, having no prior experience in the shoe business or the business world. She had no prior knowledge of either.
Dominique eventually created the OneSole shoe brand, which is now recognized for its versatility since components can be switched out without affecting its overall appearance.
Dominique knew she would need outside assistance if she wanted to take OneSole to the next level and disrupt the market. A shark might be interested in investing in her company, so she entered the tank hoping to get an investment.
Visitors to OneSole are highly attracted to it. Multi-soled shoes allow women to travel with as many pairs of shoes as possible without valuable luggage space.
OneSole Shoes Before Shark Tank
Dominique McClain Barteet is the founder of OneSole, specializing in women’s footwear. OneSole is the first and most iconic interchangeable shoe. During her first years as a Pharmacist, Dominique repeatedly purchased the same pair of shoes in various colors, such as navy, grey, black, and orange.
She suspected there had to be a more convenient way of changing the same pair of shoes’ colors and styles. Dominique began experimenting with this notion in the back of her drugstore, where she had previously worked.
Dominique developed the concept for OneSole Shoes entirely by trial and error because she had no experience designing shoes or running a business. Dominique’s perseverance was rewarded when she established the OneSole brand, which is now well-known for its adaptability, allowing users to swap out different parts of the shoe.
Dominique also enjoyed the notion that she had, in the end, produced the perfect traveling shoe for women worldwide by designing OneSole. The OneSole is the ideal alternative to packing multiple pairs of shoes in your luggage when traveling.
Dominique believed that her company, OneSole, would benefit from outside assistance so that it could go to the next level and disrupt the market. She entered the shark tank hoping that one of the sharks might be interested in investing in her company.
While the sharks would not only provide her with some additional funds to allow her to build OneSole, they would also bring their business skills and critical ties with retailers to the company. The question is, will OneSole be a hit with the sharks?
How Was The Shark Tank Pitch Of OneSole Shoes?
Barteet appeared on Shark Tank with a request for $500,000 in exchange for a 20 percent stake in OneSole Shoes.
Final Deal: Daymond John agreed to invest $500,000 for 35% equity in OneSole Shoes.
What Happened To OneSole Shoes After Shark Tank?
The deal with Daymond on Shark Tank has allowed Dominique to take OneSole to levels she never thought possible. She is most certainly done operating her pharmacy in the back of her shoe factory, as she states.
Dominique shares her personal story of how she rose to the top of the corporate ladder through her motivational presentations since the success of OneSole.
Recent developments have prompted Dominique to explore Kevin O’Leary’s recommendation that she sells the company to cash out and retire. OneSole Shoes is available in stores and on websites such as Amazon.com.
You can purchase the OneSole shoes by visiting this link: onesole.com. OneSole has undoubtedly become one of the most crucial successes from the shark tank to date!
OneSole Shoes Shark Tank Update
Dominique has pushed her business to a new level since signing the agreement with Shark Tank in 2015. Since her debut on the show, Dominique has had several more public appearances, including one on an ABC special titled “America’s Best Products,” in which she was featured as one of the competition’s winners.
Even though the transaction with Daymond did not go through, Dominique has had plenty of run-ins with the Sharks, including Kevin O’Leary and Lori Greiner. She filmed a QVC program with Lori Greiner back in 2021.
One Sole is still in business, even though its website has a rather old-fashioned feel. The company has been operating for over 20 years and sells its patented interchangeable shoes in over 80 countries worldwide.
OneSole shoes are available in over 3000 different variations of tops and 20 different sole bases to accommodate a wide variety of themes, including those relating to holidays, sports teams, and other topics.
Despite the success of her shoe business, Dominique continues to be very passionate about her pharmacy practice. Even though she began One Sole in the back of her pharmacy, she now operates her pharmacy out of the rear of her One Sole warehouse.
OneSole Shoes is still in business as of 2022. OneSole Shoes’ annual revenue is $6 million.
Is One Sole Shoe Still In Business?
Onesole offers a diverse selection of tops in various prints and designs. Whether you want to show your support for your favorite sports team or pay homage to the King of Rock & Roll, the Elvis Presley Collection can be the perfect shirt.
There are more than 20 different categories to select between. These distinctive soles are available in various styles, including kitten heels and flip-flops, and they can be worn by children or adults alike.
One Sole has a growing accessory and travel wear business in addition to its footwear. The most popular items include halter tops, dresses, hoodies, and pre-packaged travel packs. One sole is the next phase in the evolution of functional clothing.
One Sole continues to be a popular choice among consumers worldwide. Lori Greiner even put her name on it so that it could be sold on QVC. The convertible shoes are available for purchase on Amazon.
What Is the Net Worth Of OneSole Shoes?
The valuation of OneSole Shoes was $2.5 million when it appeared on Shark Tank. The net worth of OneSole shoes is $6 million as of 2022.