The Home T is an apparel brand featured on Season 6 of the popular television series Shark Tank. The concept behind The Home T is simple yet deeply resonant; it offers stylish, high-quality t-shirts and other clothing items emblazoned with a silhouette of one’s home state. This allows the wearer to display their state pride fashionably and comfortably.
The Home T-shirts’ distinctive features include ultra-soft material, handcrafted design, and exceptional quality. The shirt is polyester and cotton, providing superior comfort, durability, and fit.
The silhouette of the home state is meticulously printed on the shirts, offering a level of detail that truly represents the uniqueness of each state. Further, The Home T’s products are all made in the United States, proving their commitment to American manufacturing.
The Home T fosters a compelling emotional connection. The shirts offer a way for people to celebrate their home state, whether they still live there, have moved away, or simply have fond memories of the place.
Additionally, the minimalist design of the shirts fits seamlessly into any wardrobe, making them suitable for casual wear or even dressier occasions.
Furthermore, The Home T’s commitment to charitable giving makes it a good choice for conscious consumers. A portion of the company’s profits goes to multiple sclerosis research, a deeply personal cause to the founder.
In this way, purchasing a The Home T shirt allows one to celebrate their state pride and contribute to a significant cause. The Home T, as presented on Shark Tank, has successfully turned a simple idea into a meaningful product.
Its comfortable material, detailed design, and commitment to domestic manufacturing and charitable causes represent a thoughtful choice for those who wish to wear their state pride on their sleeve, figuratively and literally.
|Company Name||The Home T|
|Product / Business||T-shirts featuring state designs|
|Investment Asking For||$250,000 for 5% equity in The Home T|
|Final Deal||Offers Declined|
|The Home T Episode||Season 6, Episode 23|
|The Home T Business Status||In Business|
|The Home T Website||Visit Website|
|The Home T Net Worth||$2 Million|
What is The Home T?
The Home T is a brand that sells various clothing items such as t-shirts, sweatshirts, and accessories. They offer a range of designs, including collections inspired by different themes like family, sports, and lyrics.
The Home T is known for their high-quality products and has received many positive customer reviews. They also commit to donating 10% of their profits to multiple sclerosis research.
The Home T is a company that specializes in creating apparel, accessories, and home decor items. They sell shirts that feature silhouettes of states or countries, intended to help people show their love for their hometowns.
- The company’s products are made in the USA.
- They offer a variety of items, such as shirts, hoodies, pillows, and mugs.
- Part of their profits is donated to multiple sclerosis research, as this cause is close to the heart of the company’s founders.
Who is the Founder of The Home T?
The founder of The Home T is Ryan Shell. Before starting The Home T, Ryan had a successful marketing and digital strategy career. However, he was always intrigued by the idea of starting his own business, a desire that eventually led to the creation of The Home T.
Ryan conceived the idea of The Home T when he moved from North Carolina to New York. He missed his home state and wanted a way to showcase his love for it.
One day, when he was wearing a t-shirt with a print of the state of North Carolina, he received several compliments and inquiries about where he got it. This sparked the idea for The Home T.
Ryan saw a business opportunity in people’s emotional connection with their home states and how this could be expressed through a simple yet fashionable item of clothing.
Before The Home T’s appearance on Shark Tank in 2015, the company was already enjoying success. The shirts quickly gained popularity due to their unique appeal, and they were sold online and in select stores.
Ryan’s background in digital marketing played a crucial role in the company’s pre-Shark Tank success, as he used his skills to market the brand and increase its online visibility effectively.
However, being featured on Shark Tank amplified the brand’s recognition exponentially and expanded its customer base.
The company was able to generate significant revenue even before the Shark Tank appearance, which is a testament to Ryan’s effective marketing strategies and the universal appeal of the product.
Yet, the exposure from Shark Tank undoubtedly helped The Home T to become a nationally recognized brand and greatly enhanced its growth potential.
The emotional resonance of the product, combined with Ryan’s entrepreneurial acumen and digital marketing expertise, made The Home T a success story both before and after its Shark Tank debut.
How was the Shark Tank Pitch of The Home T?
The Shark Tank pitch of The Home T was captivating and emotionally charged. The company, founded by Ryan Shell, sells T-shirts with prints signifying different U.S. states, aiming to evoke a sense of home and nostalgia among customers.
Ryan’s presentation began with a personal story about his longing for his home state of North Carolina while living in New York City. This emotional backstory resonated with the Sharks, creating an immediate bond.
He then distributed samples of his ‘insanely soft’ T-shirts, receiving positive feedback from Lori Greiner about their quality. Ryan was seeking an investment of $250,000 in exchange for a 5% equity in The Home T.
The Sharks were taken aback when Ryan requested an investment of $250,000 for just 5% equity, valuing his company at a whopping $5 million. To justify this high valuation, he revealed that the company had made sales of $1.1 million in its first year, generating a profit of $540,000.
However, the Sharks expressed skepticism about the company’s high valuation and long-term potential. They questioned the business model’s sustainability and pointed out the lack of protection for the idea, highlighting that anyone could copy it.
Kevin O’Leary and Daymond John were particularly critical, with O’Leary even suggesting that he could start his own T-shirt company.
Despite these concerns, Robert Herjavec and Lori Greiner offered $250,000 for 35% and 30% equity, respectively. However, these offers were significantly lower than Ryan’s initial valuation.
In a surprising move, Ryan counter-offered Lori’s proposal with a higher investment amount ($400,000) for a lower equity share (10%), which left the Sharks stunned. Lori declined this offer and exited negotiations, followed by Robert.
Daymond John offered $250,000 for 20% equity in a last-minute twist. But Ryan turned it down, unable to reconcile the offer with his belief in a higher company valuation. He left the tank without securing an investment but remained optimistic about his business’s potential.
The Home T’s Shark Tank pitch was an emotional roller-coaster filled with surprises and tough negotiations. Despite not securing a deal, Ryan’s passionate defense of his business and commitment to its vision made it an unforgettable pitch.
Final Deal: No deal between The Home T and Sharks.
What Happened To The Home T After Shark Tank?
Although Ryan Shell declined the deal on Shark Tank, the appearance on the show nonetheless had a positive impact on the business. The national exposure from the show greatly boosted The Home T’s visibility, bringing the brand to the attention of a broader audience.
Post-Shark Tank, the company experienced a significant surge in sales, a common effect of the “Shark Tank Boost,” where businesses see a remarkable increase in interest and sales due to their exposure on the show.
This allowed The Home T to scale its operations and expand its product line, which has grown to include not only t-shirts but also hoodies, onesies, and home décor items featuring the silhouette of each state.
Ryan has continued to leverage his digital marketing expertise to grow the brand’s online presence. The company has effectively used social media and online marketing strategies to increase its customer base and sales.
The Home T is a successful and growing business. Furthermore, it continues to donate a portion of its profits to multiple sclerosis research and sell its state-themed apparel and home goods.
While bold, Ryan’s decision to decline the Shark Tank deal appears to have paid off. He maintained full control of his company and continued to build it according to his vision, turning The Home T into a recognized brand celebrating state pride across America.
The Home T Shark Tank Update
After its appearance on Shark Tank, The Home T, a clothing brand founded by Ryan Shell in 2010, experienced notable growth and continued to establish itself as a successful business in the years following the show.
The brand’s uniqueness lies in its state-themed clothing, allowing individuals to display pride in their home states through comfortable and stylish apparel made from lightweight materials like cotton and bamboo.
The company offers a variety of products, including sweatpants, t-shirts, tank tops, accessories, keychains, mugs, phone cases, and more.
While The Home T didn’t secure a deal with the Sharks during its appearance on Shark Tank, the exposure from the show significantly boosted its popularity. This increased visibility, emotional resonance, and quality products contributed to the brand’s post-show success.
The Home T’s revenue exceeded $1.1 million in its first year, with a $540,000 profit, showcasing Ryan’s effective marketing strategies and the appeal of his hometown-inspired designs.
Despite leaving the show without investment, The Home T’s net worth grew from $2 million in 2022 to $5 million in 2023.
The brand’s success is attributed to its focus on comfort and innovation. Handcrafted t-shirts, totaling four million, have contributed to its high selling rate. A standout aspect of The Home T is its charitable commitment, with a dollar donated to the Multiple Sclerosis Society for each sale.
Despite not securing a deal on Shark Tank, the company’s growth continued, expanding its product range to include various themes such as family, sports, holidays, and causes. The brand embraced an expanded product line, upgraded its website, and offered free shipping for orders over $100.
The Home T has maintained its presence and thrived after appearing on Shark Tank. Its emotional resonance, commitment to quality, and innovative approach to design have contributed to its growth, solidifying its place as a successful and resonant brand celebrating state pride.
Is The Home T Still in Business?
Our research shows that The Home T is still in business. The brand continues offering unique state-themed clothing and accessories that symbolize home, college, or special memories.
The Home T’s collection includes a range of comfortable and high-quality products, such as soft t-shirts, sweatpants, tank tops, blankets, hats, mugs, phone cases, and more.
The company has expanded its product range to include various themes, including humor, sports, family, and causes.
Despite not securing a deal on Shark Tank, The Home T has thrived and grown in popularity, showcasing its ability to succeed independently. The brand commits to charity by donating 10% of its profits to multiple sclerosis research.
The Home T’s dedication to quality, comfort, and giving back has contributed to its continued success and presence in the market.
What is the Net Worth of The Home T?
According to our research, the net worth of The Home T is estimated to be $2 million. The valuation of The Home T was $5 million when it appeared on Shark Tank.
Also, read about other businesses that appeared on Season 6 of Shark Tank: