The Cut Buddy Shark Tank Update

The Cut Buddy is a grooming tool designed to help men and women achieve a precise and symmetrical haircut at home. It is a transparent template with various curves and angles that can guide hair clippers or scissors along the hairline or beard line. 

The Cut Buddy can be used to create a variety of haircuts, including fades, tapers, buzz cuts, and lineups. It is a simple and affordable tool that can save time and money by allowing people to do their haircuts at home without needing professional help.

What Is The Cut Buddy?

The Cut Buddy is a grooming tool that helps people shape and maintain their beard, hairline, and eyebrows. It’s a stencil designed to guide hair cutting and trimming, allowing users to achieve the desired look with precision and accuracy. 

The product is made of high-quality plastic material that is durable and long-lasting. It’s easy to use and can be adjusted to fit different facial structures and hair types, making it a versatile tool for people with varying hair needs.

The Cut Buddy is popular among individuals who prefer to trim their hair at home rather than visit a barber. It helps them achieve a professional-looking trim without needing expensive barber visits. 

The tool is easy to clean and maintain and can be used repeatedly, making it an economical option for people who want to keep their hair and beard at home. If you wish to maintain a clean-cut look, shape your beard into a particular style, or tidy up your hairline, the Cut Buddy is a great tool in your grooming kit.

Who Is the Founder Of The Cut Buddy?

The Cut Buddy was founded by Joshua Esnard, who also invented the tool. He created The Cut Buddy in 2016 to help people achieve professional-looking haircuts at home. 

The idea for the tool came to him after he struggled to give himself a straight haircut and noticed that many others faced the same challenge. 

Esnard, from Louisiana, started selling The Cut Buddy out of his car and at local barbershops before gaining national and international recognition for his invention.

The Cut Buddy Before Shark Tank

Before appearing on Shark Tank, The Cut Buddy had gained a significant following and was featured in various media outlets. Joshua Esnard, the founder of The Cut Buddy, initially started selling the tool out of his car and at local barbershops in Louisiana. 

He then launched a crowdfunding campaign on Kickstarter to raise funds for mass production. The campaign was successful, and The Cut Buddy started gaining traction among customers looking for an affordable and easy-to-use solution for at-home haircuts.

The Cut Buddy also received media attention, with features on television such as Good Morning America and The Rachael Ray Show. It was also featured in GQ, Men’s Health, and Forbes publications.

The positive reviews and testimonials helped to establish The Cut Buddy as a reliable and effective grooming tool. When The Cut Buddy appeared on Shark Tank in 2018, Joshua Esnard sought a $300,000 investment for 15% equity in the company.

The Sharks were impressed with the product and its success, and Daymond John ultimately made an offer of $300,000 for 20% equity, which Esnard accepted.

The exposure from Shark Tank helped to further increase the popularity of The Cut Buddy, leading to more sales and recognition for the brand.

How Was The Shark Tank Pitch Of The Cut Buddy?

The Shark Tank pitch for The Cut Buddy was well-received by the Sharks, who were impressed with the product and its potential for success. Joshua Esnard, the founder of The Cut Buddy, presented the grooming tool as a solution for people who wanted a professional-looking haircut at home.

The Cut Buddy appeared on Shark Tank in season 9, episode 8, originally aired on December 3, 2017. The founder of The Cut Buddy, Joshua Esnard, presented the grooming tool as a solution for people wanting a professional-looking haircut at home.

Esnard demonstrated how The Cut Buddy worked by creating a precise and symmetrical hairline on a model. He explained that the tool was designed to be easy to use and affordable and could help save people time and money by eliminating the need for frequent trips to the barbershop.

The Sharks were impressed with the positive customer reviews and the media attention that The Cut Buddy had already received, and they recognized the potential for the product to become a successful business. 

After some negotiation, Daymond John made an offer of $300,000 for 20% equity in the company, which Esnard accepted. The exposure from Shark Tank helped to further increase the popularity of The Cut Buddy, leading to more sales and recognition for the brand.

The Shark Tank pitch for The Cut Buddy was successful, and it helped to establish the brand further and increase its popularity among customers.

The Cut Buddy’s Shark Tank appearance was a success, and it helped to establish the tool as a reliable and effective solution for at-home haircuts.

What Happened To Bottle Breacher After Shark Tank?

What Happened To The Cut Buddy After Shark Tank?

After appearing on Shark Tank, The Cut Buddy experienced a significant increase in sales and exposure. The investment from Daymond John helped fund the business’s growth and allowed for expanded marketing efforts and distribution channels.

The Cut Buddy continued to gain media attention, with features in publications like Forbes, Men’s Health, and GQ. The brand also expanded its product line to include different sizes and variations of the grooming tool and other accessories like hair combs and styling gel.

In addition to online sales, The Cut Buddy became available in major retailers like Walmart, Target, and Sally Beauty, making it more accessible to customers across the United States.

The Cut Buddy also established partnerships with barbershops and salons, offering training and support for professionals who wanted to incorporate The Cut Buddy into their services.

The Cut Buddy’s appearance on Shark Tank helped to establish the brand and increase its popularity, and the company has continued to grow and expand its product line in the years since.

BeSomebody Shark Tank Update

The Cut Buddy Shark Tank Update

There hasn’t been a specific Shark Tank update episode featuring The Cut Buddy, but the company has grown and expanded since its appearance on the show. Here are some updates on the brand:

• The Cut Buddy has expanded its product line to include different sizes and variations of the grooming tool and other accessories like hair combs and styling gel.
• The company has established partnerships with major retailers like Walmart, Target, and Sally Beauty, making the product more widely available to customers across the United States.
• The Cut Buddy has also partnered with barbershops and salons, offering training and support for professionals who want to incorporate the tool into their services.
• The brand has continued to gain media attention, with features in publications like Forbes, Men’s Health, and GQ.
• In 2020, The Cut Buddy announced that it would be donating some proceeds to support Black Lives Matter initiatives.

The Cut Buddy’s appearance on Shark Tank helped to establish the brand and increase its popularity, and the company has continued to grow and expand its product line in the years since.

Is The Cut Buddy Still In Business?

Yes, The Cut Buddy is still selling its grooming tools and accessories. The brand has continued to expand its product line and partnerships since appearing on Shark Tank, and it remains a popular choice for people who want a professional-looking haircut at home. 

The Cut Buddy is available on the brand’s website and through major retailers like Walmart, Target, and Sally Beauty.

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What Is the Net Worth Of The Cut Buddy?

The valuation of The Cut Buddy was $1.5 million when it appeared on Shark Tank. The net worth of The Cut Buddy is nearly $2 million as of 2023.