Productivity while working from home is a huge new market, and Steve Skillings hopes to corner it. After multiple interruptions when he was working from home, Steve thought up the idea for a customizable, readily-attachable, wifi-enabled busy sign to help your family and friends know you were unavailable. Let’s see how it all played out during
Shark Tank BusyBox Update
- Entrepreneurs: Steve Skillings and Conor Smith
- Business: Smart illuminated status signs
- Ask: $200,000 for 15% equity
- Result: No deal
- Shark: None
While the sharks loved Steve and Conor’s pitch and presentation, they were shocked by the price. The fully customizable, digital BusyBox was $229, which was simply not okay with the sharks. Though the lifetime sales for BusyBox reached $429,000, the sharks just couldn’t get behind the price.
All it took for Mark Cuban to bow out was the description of a product pipeline. Steve began explaining that they hoped to break into the wellness space. As a result, Mark immediately went out.
Lori Greiner followed because she thought the product was too expensive. Robert Herjavec went out next. He thought the product moving into the wellness space was a stretch and that the product was, overall, a trend.
Kevin O’Leary went out without much comment, followed by Daymond John. Both agreed that the price was too much for everyday people. Unfortunately, BusyBox left
Steve is as tenacious as they come! During our BusyBox update, we found that he is still going. He’s creating new products for the line and has started new investment channels, including a current Start Engine campaign. In the meantime, you can find the signs and various accessories on the BusyBox website.
Make sure to check out the other company updates from Season 13 Episode 19 here:
Interested in the other company updates from Season 13? Before you go, visit our Season 13 products page.