What Happened To BeardBrand After Shark Tank?

Eric Bandholz hopes that the Sharks will understand the bearded lifestyle when he presents BeardBrand to them in Shark Tank episode 609 when he showcases his line of oils and grooming products.

Bandholz launched his beard oils and grooming products, including oil to go with his rich, red beard, back in 2012 after embracing the concept of being an “urban beardsman” after becoming a Merrill Lynch analyst and web designer graphic artist with a clean-shaven face.

He received inspiration from the West Coast Beard & Mustache Championships in Portland, Oregon.

Soon after, he launched a blog and YouTube channel devoted to “the bearded lifestyle” soon after.

In response to an interview he got from the New York Times in the fall of 2012, he founded the Urban Beardsman online community. He also began selling things online in the fall of 2012.

It took him just 30 minutes to set up his online store and start selling.

Bandholz’s beard is still growing, but Beard Brand’s business has grown organically and is happily profitable (unlike Bandholz’s).

Why wouldn’t we do the same with our beards if we condition our hair? The collection features beard oils that soften the hair so that when worn, the beard does not feel gritty.

Aside from the mustache waxes, grooming products, tee shirts, and Urban Beardsman, which serves the expanding bearded lifestyle in the United States.

Are you confident that Mr. Bandholz will be able to coiffure an agreement with a Shark?

What Is BeardBrand?

BeardBrand is a firm that focuses on providing products and lifestyles for the urban bearded man, a niche market for men’s grooming.

Beardbrand offers beard products, like beard oils, waxes, softeners, and washes.

BeardBrand is a brand dedicated to providing beardsmen with high-quality personal care products.

What Happened To BeardBrand After Shark Tank? 1

Eric Bandholz founded the company in 2012 to change the perception of beardsmen, changing long-held stereotypes of lazy, untidy men into ones of classy, well-groomed men with a fashionable image.

Company NameBeardbrand
EntrepreneurEric Bandholz
Product / BusinessProducts for styling your beard
Investment Asking For$400,000 for 15% equity in BeardBrand
Final DealNo Deal
SharkNo Shark
Episode Season 6 Episode 7
Business StatusIn Business
WebsiteVisit Website

Who Is The Founder Of BeardBrand?

BeardBrand is founded by Eric Bandholz. The BeardBrand corporate headquarters is in Austin, Texas, and the company manufactures men’s grooming products.

BeardBrand sells products for grooming, styling, and maintaining beards, hair, skin, and mustaches, among other things.

While working at Merrill Lynch in Spokane, Washington, Eric Bandholz was an investment advisor for several years before founding BeardBrand.

The company’s “no facial hair” policy caused Bandholz to resign and start a beard grooming service in his hometown.

BeardBrand Before Shark Tank

Before moving on to pursue other opportunities, Eric Bandholz served as a financial advisor with Merrill Lynch in Spokane, Washington.

He encountered difficulty in his workplace due to a restrictive no-facial-hair policy, which posed a greater challenge than it would for other employees.

He felt like he led a double life, his true self hidden away in a cage, as the keen beardsman describes himself.

Eric saw himself as an “urban beardsman,” someone fashionable and well-groomed who stood in stark contrast to ZZ Top and Duck Dynasty members, to whom he was often disparaged.

He established the Urban Beardsman online magazine, a website that focuses on lifestyle, grooming, and style articles directed to men who wear beards.

The magazine also showcased well-maintained Youtube and Tumblr profiles that quickly attracted a small following.

Eric was motivated to leave his unfulfilling job at a multinational company after attending the West Coast Beard & Mustache Championship in 2012 and start his own company, Beardbrand, that sells high-end beard products.

Eric used the notoriety gained from being featured in a New York Times article about facial hair popularity to advertise his Beardbrand products on Tumblr, Reddit, and the rapidly growing Beardbrand YouTube channel.

Eric had accomplished a great deal with a small amount of start-up capital, but his inability to raise additional funding generated a slew of complications for the operation of his company.

Due to the lack of liquid finances, the company also had the potential to run out of inventory.

He appeared on Shark Tank in October 2014 to get additional funding to help him deal with his cash flow problems.

How Was The Shark Tank Pitch Of BeardBrand?

Eric grooms his beard while competing in a beard and mustache competition, which begins this video segment.

He discusses how he expanded his company without receiving any compensation. 

Eric appeared on Shar Tank seeking an investment of $400,000 in exchange for a 15 percent stake in BeardBrand.

He describes what an Urban Beardsman is and how he organized his community.

He touches some beard oil to his beard, rubs it in, and explains the renaissance of the beard. He distributes beard kits to the Sharks players.

Mr. Wonderful is dissatisfied with the appraisal. He has already generated more than $800,000 in sales in his first 18 months of business, and he expects to generate $1.2 million this year.

However, Daymond remarked that he didn’t like the feeling of caressing another man’s beard, to which Lori gave in and did the same. Eric claims that beards represent love and passion.

Beard oil accounts for 60 percent of their revenue and generates an 80 percent profit margin. He believes that he should specialize in more expensive beard oils.

Mark believes it would be too difficult to get his money back, so he withdraws from the game. Robert isn’t a big fan of beards, and he’s not the only one. Lori is in the same boat.

Mr. Wonderful believes the company is not worth what Eric is asking for, and he has decided to leave as well.

Eric is a popular pick, but Daymond isn’t happy with the valuation, so he’s out.

Final Deal: No deal between Sharks and Beardbrand.

What Happened To BeardBrand After Shark Tank?

Shark Tank episodes typically cause sales to spike, and that was no exception with BeardBrand this time around.

What Happened To Corks Away After Shark Tank?

Eric has continued to expand his business and his involvement in the community. BeardBrand expanded its product range to include fragrances, hair care, and skincare products in August 2021. With an annual sales of $7 million, the BeardBrand is doing well for itself.

BeardBrand Shark Tank Update

Beardbrand is still in business, and the high-end website now features a blog post written by Eric on his experience as a guest on the show that was published shortly after the initial screening.

Eric experienced a rare glimpse behind the scenes, and he has nothing but admiration for the Sharks and the production staff, and he appears to have gained a lot of insight and knowledge from experience overall.

Eric’s online community is also growing; his Beardbrand YouTube channel presently has 106,000 subscribers, and his grooming and lifestyle suggestions have been viewed tens of thousands of times, and sometimes even more than 100,000 times.

Eric is also active on Reddit, where he offers advice to other entrepreneurs and develops strong relationships with the beard-appreciation community that has grown there.

Eric described his essential business concept in a blog post published a year ago, demonstrating how he differs from the typical entrepreneur in several ways.

‘We have the opportunity to run our firm for reasons that are enjoyable to us. The most enjoyable part of blogging is spreading the word and making a difference in the world.

He stated that the idea of focusing on one product, being lean, and reaping huge profits does not appeal to him.

Beardbrand is more than a company to Eric; it is first and foremost a community. This is a unique point of view from a business owner, but Eric believes it is necessary.

Instead of selling stuff, I’m establishing a brand and a way of life,’ says the author. We have the responsibility of educating consumers on developing and maintaining their beards properly.

What Happened To BeardBrand After Shark Tank? 2

‘We are building a market, rather than simply selling to a market,’ he says of his role in the company.

That method is unique, and the market that Eric has established appears to be far larger than any of the sharks anticipated.

In a conversation with Eric on Reddit, where he goes by the handle of ‘Bandholz,’ he expressed a willingness to answer a couple of questions, as he does on various topics regularly.

What Happened To Sweet Ballz After Shark Tank?

Besides acknowledging that things were chaotic after the performance, with a sudden rise in interest that he was not prepared for, he also revealed that sales figures for 2015 were up by 150 percent over the previous year.

According to all appearances, Eric’s business appears to be as strong and healthy for the foreseeable future as that wonderful beard he sports.

Is BeardBrand Still In Business?

Beardbrand is still in business as of 2022 without having a Shark Tank deal. Also, BeardBrand generates $7 million annually.

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