Derrek from Massachusetts is a former marine and a current police officer. He thinks even with military and law enforcement experience, the mightiest challenge he has had is hanging a curtain rod. His patented product eliminates the need for nails, screws, and measuring. The product taps right into the top of the window sill for quick and easy installation. Will the sharks see the potential for this product as a window of opportunity during Season 9? Let’s peer through to see if Derrek will seal a deal in this
Shark Tank Kwik-Hang Update
- Entrepreneur: Derrek Burr
- Business: Easy to install curtain rod hangers
- Ask: $80,000 for 20% equity
- Result: No deal
- Shark: None
Kwik-Hang was started in 2013 by Derrek’s father who recently passed away. He was laughed at for his idea by his boss, and this drove him to succeed. Derrek wants to see this grow and fly high to give him a way to still feel connected to his father.
Mark Cuban thought what he had accomplished was impressive, but it was too early and not the product for him. He dropped out. Lori Greiner thought this product should go to licensing and it would take too much work for her. This made her drop out.
Daymond John didn’t feel it was a full-time gig for Derrek yet, so he dropped out. Kevin O’Leary, the king of licensing, saw potential here but dropped out.
Robert Herjavec was moved by the story behind this product. He thought it was just too small of a business for him to invest in, leaving Derrek with no offers.
Even though Kwik-Hang did not receive any offers, the business has grown and is thriving at the time of our Kwik-Hang update. They have made over $8 million in the few short years since the show. Derrek no longer has to work as a police officer now that he has a profitable business.
Since appearing on
Against the shark’s advice, this product was not licensed and Derrek still runs the business. In our Kwik-Hang update research, we found that Derrek has won the U.S. Patriot award for having a veteran-run business that also employs vets. All products are American-made and use inputs also made in the USA.
You can find the other company updates from Season 9 Episode 5 here:
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