Have you ever watched Shark Tank? This is a show where people present their best ideas to some famous wealthy investors. Investors are called sharks. People present their products and product blueprints to investors. And if investors like the product then they are ready to raise money for their business.
But what comes next after the show? Let's see what happened to one company called Minus Cal, and why we should pay attention to their journey.
What is Minus Cal?
Minus Cal is a company that made protein bars. But these weren't just any protein bars - they claimed to help block fat. They used something called Choleve, a special tea extract that's meant to stop your body from absorbing fat. So, these bars weren't just for losing weight; they also made you feel full after eating them.
Who Started Minus Cal?
Minus Cal was the brainchild of Crom Carmichael and Barrett Jacques. Two men from Nashville, Tennessee, believed their protein bars were great. They went on Shark Tank to find investors and make their business bigger.
What Happened on Shark Tank?
When Crom and Barrett went on Shark Tank, they wanted $500,000 for 20% of their company. They hoped this money would help their business take off. However, the investors on the show didn't like his product that much. They weren't sure whether the fat-blocking claims were true or not, and they didn't think investing in Minus Cal was a good idea.
The Aftermath of Shark Tank
Crom and Barrett were disappointed when none of the Shark Tank investors wanted to invest in Minus Cal. This was a big setback for them. Without the money they needed, Minus Cal couldn't get bigger, and eventually, it had to close down. It shows that in business, even great ideas might not always work out.
What We Can Learn from MinusCal
The Minus Cal story shows us that starting a business is tough. Having a good idea isn't enough. You also need money, support, and hard work. Listen to others and be open to changes, even if you love your product. And most importantly, failure is not the end. It's a chance to learn and try again.
Other Protein Bars to Consider
If you're looking for a protein bar but not Minus Cal, you can try other brands. Check out One Protein Bar, Promix Protein Puff Bar, and Misfits Plant-Powered Protein Bar. You can choose from lots of options, so it's okay if one brand doesn't work out for you.
MinusCal All Natural Fat-Blocking Meal Bar: Buy on Amazon!
Minus Cal's Net Worth
Currently, MinusCal isn't worth anything. They went bankrupt and didn't receive any money from Shark Tank.
Minus Cal Health Bars Update: Shark Tank Season 11
Do you know? 45 million Americans want to lose weight every year, but it's tough for lots of them. To help, Barrett Jacques and Crom Carmichael made a special snack bar they thought could help people lose weight. They hoped to get support for their idea on Shark Tank Season 11. Let's see what happened next!
Minus Cal made an appearance on Shark Tank Season 11 but left without getting any investors. Sadly, shortly after the show, the company had to shut down.
- Who: The entrepreneurs behind Minus Cal are Barrett Jacques and Crom Carmichael.
- What: Minus Cal was all about protein bars that claimed to block fat absorption.
- Their Ask: They wanted $500,000 in exchange for a 20% share of their business.
- Result: No one from the Shark Tank panel decided to invest.
- Sharks' Thoughts: During their pitch, Barrett and Crom said their bars could stop your body from absorbing fat, thanks to an ingredient called Choleve. But the sharks had doubts.
- Flavors: Minus Cal bars came in Chocolate, Peanut Butter, and Apple Cinnamon. They also sold supplements in pill form to help lower cholesterol.
- What Went Wrong: As the sharks asked questions, Barrett and Crom seemed to contradict themselves, which made the investors uneasy. Mark Cuban, one of the sharks, didn't believe their claims and thought they were misleading.
- Outcome: Sadly, without any sales or clear business plans, none of the sharks were interested. Even though Crom tried to defend their product, it didn't work out.
- After the Show: Minus Cal tried selling on Amazon, but it didn't go well. Many customers said the bars tasted bad or didn't work as promised. Eventually, the company had to close down.
It's sad to see Minus Cal's journey come to an end, but hopefully, Barrett and Crom will find success in their next venture.
MinusCal Company Information
- Latest Products from MinusCal: Buy Now
- Official Website: Clck Here
- Facebook: Clck Here
- Twitter (X): Clck Here
- YouTube: -
- Instagram: -
Conclusion
The story of Minus Cal shows that business can be unpredictable. It's like a rollercoaster with ups and downs. But what is important is to never give up and keep trying, even if it is difficult. So, if you are thinking about starting a business, or already have one, remember Minus Cal's journey and keep moving forward.
