To be fair she have a really good point in general about shelved projects losing passion. But she really did forget this guys age. Also when he came over to the closet and effortlessly ripped the shirt of his hanger I came a little. If it doesnt break after few uses and actually lasts, its super good invention.
Can we just take a moment to appreciate the 3rd grade teacher that came up with the invention project? Literally was the foundation for his entire career.
Barbara expected him to make a business out of it at 3rd grade? Passion? We’re talking about hangers here. How could someone be passionate about hangers? As long as it’s a good idea and will sell, that’s all that matters.
Yeah kids don't know if they're on to something or not. It isn't like he had an office downtown in 3rd grade and eventually had to shut it down to continue social studies and study for a science test.
Mark always makes people feel comfortable even if he doesn’t want to invest . He always tells you what he likes and then what he doesn’t like. Such a good guy
This product should be geared more towards department stores who's associates have to go through a million hangers to put clothes on. It would also be good for the customer since they can try on the clothes and hang them back up quicker than with a regular hanger.
@@BOOGiNS thats not the point, thats consumer prices and completely fine, as any high-end product should be 3x+ higher than the generic styled brand, but in a department store they could easily sell a bulk order of 20,000 hangers for $1.50 each. The price to make one is less than $.75 to make and if the kid is smart he could make them for $.30 each in somewhere like China, and thats a huge amount
@@BOOGiNS But if they have a rule that the people can't take them home and put something on them to alert if they try to take it, they can get way more use out of it than they would a regular hanger. So using them at least ten times more than they would saves money.
Mark is pretty likable on camera but when it comes to closing in on the deal he is pretty shady. there are a few that are know where he has changed the deal or screwed people in the contract.
@S Tra More like he wants the kid to be invested and be the driving force behind the company, so that he can coast on his tailwind and get a fairly large piece of the pie for not that much work. If he took more of the company, he would have to put a lot of time into it to make it work, which isn't what he does.
Barbara would reject Thomas Alva Eddison for having experimenting "too long" before he invented incandiscent light bulb because according to Barbara his passion might be out cos he took too long to find it.
Out of all the things I've seen on Shark Tank, this is by far one of the best. It's simple, solves an extremely common problem, and it's relatively cheap.
@@2345678902345671 I knew it would be. This does not solve a problem. There is no problem. Just a bunch of morons. You just slip a hanger from the bottom of a shirt. problem solved. this helps no one. solves zero issues and is overly complicated/cost to mfg too high, no sales. = closed. lol
@@OnceShy_TwiceBitten I agree, it doesn’t necessarily solve a problem; however; a lot of successful products simply make a task easier. It’s a common American thing. We want things to be easier for us. People pay big bucks for a tooth brush that moves on its own.
I think what the two that reckon they have seen this type of hanger before are referring to is a simple folding hanger that folds for packing purposes. In those, the wings fold up for packing and fold down to lock in place for normal use. They will not collapse when pulling cloths of the hanger.
Barbara would reject Thomas Alva Eddison for having experimenting "too long" before he invented incandiscent light bulb because according to Barbara his passion might be out cos he took too long to find it.
This is one product that I immediately wanted to buy, like right off the bat. just to use at home. It would make hanging up my button shirts way less cumbersome.
Hmm. I'd go with quality materials. Plastic hangers no. Shirts and jumpers. But the traditional fixed hanger holds pants and shirts. So its competing with the utility of the original form
@@rodc726 you are clueless my friend. His biggest asset is not his NBA team. You know that he has stakes on different software and real estate companies.
@@hellohello9400 Maybe because he invests in things like this and knows he doesn’t need to just keep accruing more and more wealth. He’s already a billionaire, what else does he need?
He was in 3rd grade! Of course he left the hangers in his closet for 7 years. He's a kid! He's had school and pediatrician appointments lol. As someone who works in retail, I would love to have these hangers, even just for kid's clothes. This is a great invention, and it's great for the differently abled, too, or people who've had recent injuries or surgeries.
I worked in luxury retail for years and I can tell you stores NEED this to help keep their clothes from getting damaged by shoppers. The only caveat is I would widen the shoulders to prevent shoulder warping too, that would be a plus.
I would bet my life savings that you can't provide evidence a single example of an article of clothing that was damaged by pulling it off the hangar. You are just making up a problem that doesn't exist. The only reason hangers fold in luggage sets are for storage convenience not out of fear you might "damage" your coat.
@@DeathmetalPersian Go to your nearest clothing store's changing room and watch the guests take shirts and sweaters off the hangers through the neck. There's your evidence, asshole.
i also work in the retail chain and this is a problem not just at the store level, i see regular hangers damage product (usually when being repacked) before it even makes it to store shelves/racks. other damages are from the container truck making a hard stop, turn, bump in the road, or a forklift ramming into a pallet full of boxed up apparel, looks fine on the out side but inside some of those cheep flimsy plastic hangers have shattered and poked holes in stuff as they are sharp when they break, and his just fold instead of shattering. much of our product got around this by shipping the hangers separate and making the store insert them into the clothes. but this has increased costs, both logistically (store doesn't always get the hanger with the good as its in a 2nd box, + 2x shipping for the same good) and ergonomically (by handling product individually at the store end instead of the production facility doing the hanger insertion, usually with a machine or at least a production line, witch is much cheaper time wise. this kid didn't do enough research if he failed with this hanger, even if it cost 6x what a regular hanger costs it would probably still save a company money, depending on the type of clothing being used as some are not easy damaged oc. wish i could post pics on here, not that i have any on my home PC atm but yeah we got a bunch, there is a reason that clothing is the 2nd most polluting industry in the world just behind big oil, and this hanger could have reduced just a bit of it. there is a lot of waste do to damage that no one views at the store end, they dont waste money by shipping damaged stuff when they know about it.
No one seems to be mentioning the fact that this is just simply a better clothes hanger, an item that everyone uses. This guy is awesome and this show is total crap.
From an economic standpoint you can see why, the money they use to buy it to stock retail stores is gonna be way more than the cost of the ruined shirts, the other benefit would be for the retail workers, but they wouldn’t care about them at all
He should do 3 tiers of pricing options with better materials. Do like a good cheap plastic option, better aluminum option and best fine hardwood option. I’d buy this.
I agree. I think it’s a good idea but I don’t like how they look in the brightly coloured plastics. I have those like felt covered changers in my closet which I really like because they’re still cheap but they look good.
Came here for this. I refuse to by the plastics. Especially for natural materials. A war cedar or cherry wood version with a metal hinge would be perfect.
I worked in retail before too. The only thing I see this doing is encourage people to rip clothes off the rack they don't care about and then just throw them on the floor for employees to pick up, dust off and put back up.
Barbara would reject Thomas Alva Eddison for having experimenting "too long" before he invented incandiscent light bulb because according to Barbara his passion had worn out cos he took too long to find it.
Kevin was cruel to that guy. “It bores the crap out of me.” “You could have asked for a lot more.” What a greedy and mean person. Barbara is ridiculous for her reason to be out. She wanted a third grader to start a business and accuses him of losing his passion? The guy went on to get a patent since third grade. There have been adults, on the show, who don’t have their products patented and it becomes a liability. It almost sounded like he wanted to cry after their criticism. Poor guy. He handled their rudeness well. I’m glad he got a deal.
I've seen one of these episodes with a farmer who made a plastic dome thing to keep moisture from leaving the ground as you plant it at the base of a plant, and he was asking to price it at 1 dollar. Kevin told him its way too cheap, and this time he says it's way too expensive for a plastic coat hanger. Sometimes these "investors" contradict themselves, actually, alot of the times they do
This thing should not be confused with foldable hangars, which I personally use when I travel because they fold up very small and weigh very little. If I could find this, I would buy at least 20 pieces because hanging laundry is a real pain the rear. IMPORTANT NOTE! The link in the description is for the travel hangars I use and is not the product in this video. Plus they are a rip-off on Amazon considering I got mine elsewhere for under $0.50 each.
@S Tra , and by your reasoning, intentions to purchase are BS, so nobody would actually buy it. It almost sounds like you failed in a business going full-steam ahead because you believed everybody who said they would buy it instead of testing the actual product with volunteers first.
@S Tra , you're telling me I won't buy them when I say I would, AND also telling me I'm high on crack AND that I have no idea what I'm talking about? You seem to know me one hell of a lot better than I do myself. Right... You're the most brilliant person I've ever spoken to. Now tell me what I meant. LOL!
@S Tra bro i already saw multiple comments about buying it. Saying something like one willing customer is useless is just like "one vote cannot decide who's going to win an election. So i won't vote."
@S Tra considering that there's a reason to buy it means that there's a possibility that it'll sell (means "one buyer could give way for more buyers"). All that it needs is to make that perspective (that it's worth it to buy) widespread enough to make a profit. Based on the comments I saw, such perspective is pretty common. Thus, it may work out as an actual product.
Id buy these just because you can tell he's passionate about his product and some of them were pretty rude to him, you don't have to tell him the product bores the hell out of you
It's a great idea, I just hope that over-time the material of the plastic doesn't wore off to quick that it just folds and drops the clothes as soon as you put them on the bar.
Barbara would reject Thomas Alva Eddison for having experimenting "too long" before he invented incandiscent light bulb because according to Barbara his passion might be out cos he took too long to find it.
Barbara.. he was in third grade... What is wrong with you? Was he supposed to drop out of school or something? If I ever went on this show and Barbara tried to invest in mine, I would probably tell her, "I'm out"
@@StoicProfile when the show first started she gave much more offers but I know she got burned a few times. She’s just not enjoyable to watch anymore. She seems nice and I’m sure she’s a great person, just my personal opinion!
@@StoicProfile ppl just make jokes and the rest feed off of those used jokes. Shes got good instincts. Then vapid comments from questioning viewers like that show up
That’s absolutely amazing that he was able to get into Walmart when he was in grade 3! Good for him for getting the patent. I hope this hasn’t already been created though :S
What use would retailers have for this? I worked at target we have a trash can that we fill up every day with broken hangars and have to put hundreds of pairs of clothing back on hangars. This product doesn't make more profit it reduces the bottom line or cost of the business which is just as valuable. Buy less hangars and have employees spend less time doing one job.
I also work in retail and I see the necklines of clothes get stretched out by those regular hangers all the time. No customer wants to buy stretched out clothes.
@@syd7801 But these hangars can break, and I'm guessing the $ loss from thousands of broken hangars is > the $ loss from stretched out necklines. This isn't a commercial product, it's a consumer one.
@@Hotobu idk wht kind of cheap cloths ur buying... $4.00 for a pack of 3 hangers. Let's say u break 9 hangers over a course of 3 years. That's $12. Ur average shirt from wallmart cost double that. Any nice shirt from any upper name brand/ hype beast is gona be 20x that, if the collar gets stretched then ur out $200...
For those wondering, the business doesn't go well... There ARE tons of other products similar & it seems to have broken the kid down. From what I can tell, he's not even selling them.
Doesn't surprise me. Patent unfortunately does little if the same result can be achieved in many ways with tiny difference in design. Acept that and lager comoanies easily push you out. Combat it and argue it falls under the patent and you are locked in an endless stream of law disputes.
Like others said, he never made the deal with the sharks after the show and the company no longer exists. Turns out, what Barbara said about the passion not being there was true. After Shark Tank, this kid formed another business and dropped the hangar one for good 🤷🏻♂️
It's worth noting that the competition problem ended up being a real problem. When he first deigned it back in 2003 it may have been new with no competition but clearly others stole the design and now plenty of them exist on the market.
@@GreyBlackWolf that’s not how parents work. And just a utility patent. Its to easy to make something similar without even involving how his parent is designed. They aren’t cure alls like people assume they are.
I like how the differences in opinions of the Sharks on this one show how different people are in their daily lives and habits. This really would be super useful to some people and useless to others.
Great presentation and this is definitely a product I would buy because I hate my regular hangers so much. $3.80 for a 4 pack is a little steep, he could definitely make them for cheaper.
Mr "wonderful": "You could have asked for a lot more..." Mark : "Yeah we could have, but why?" I love this! In the midst of a sea of money grubbing PoS, It's so refreshing to know there are people out there that care about the people out there. I would hate to work with Mr "W"... He got lucky with Mark.
Mark cuban a person who cares about people, tell that to people who got into iron finance defi coin endorsed by cuban and from which he took all his money out just before a few hours of it going to zero😂😂
There was a guy who was a player on his NBA team who became addicted to cocaine and homeless after his playing days and when Mark Cuban heard about it it used his connections to get in contact with him and picked him up got him some clothes and a meal and checked him in and paid for rehab. Mark Cuban is a good guy.
@@rogerszmodis no owner wants his team's name in articles full of drugs and gangbanging. Cuban did what he had to do for a good PR of his team and this can be backed by the fact that deltone was allegedly homeless from 2016-17 but it didn't became a big news but this time it was a big fire which had to be put out
@@Lkshy_abq a bench player who played one season with the team and who hadn’t even been in the league for 8 years isn’t a PR thing. If anything the articles would associate him with Boston or Cleveland where he spent the large majority of his career.
Yeah there's foldable ones out the but the pressure on this one makes it great for people who are busy, atypical or havee depression....its quick. Little things like pressure can change things alot. Those other foldable ones seem like too much. The other ones I'm seeing after a quick search seem more for portable use...
80 grand is just like buying candy for Mark, for 30% it's a great investment for the young generation. I thought he just spread his money instead of deposit it in the bank
@S Tra "working with elderly" isn't just limited to her. Knowing that there's a reason to buy a product means that it may sell. All that it needs is for such perspective (that the product is worth to buy) to be widespread in order for it to be profitable. Considering that the perspective, "it'll be he helpful to me since I work with elderly" means that anyone like them, as well as the elderly themselves, may see value on the product. Not to mention that "it may help the elderly" isn't the only perspective that sees value on the product, but just a part of it. The main "perspective" here is that it is really helpful. There's already a lot of comments on how helpful the product is and wants to buy it. It means that such perspective (that the product is valuable) is common, thus, may be profitable.
@S Tra besides, one customer could bring more customers. Saying that a single customer is worthless is pretty close minded as a single customer could help bring a couple, and each of those could bring more. Further, we're not just talking about one customer here since the reason to buy it isn't unreasonable. Edit: if you want a visual representation, then: if you are going to sell a product to group A which has 10 people and be able to sell a product on 1 of them that's 1/10. That 1 customer could convince a couple more on how helpful the product is, then 1/10 -> 3/10 and those couple could do the same and so on. Now that's just if you are going to group A but what about 2 more groups? Group A here is "elderly", Group B = clothes shop etc.
I invented something for my 3rd grade invention convention and got 2nd place. It was a sheet set made from 2 different types of fabric. A warm side, and a cool side. Women tend to be colder because they have less muscle mass. Men tend to run warmer. So I sewed flannel and cotton together and made the his and her sheet set. Fun times!
No one cares about that, it was years ago, let it go and move on. You should have focused on your dream when you had the passion. For that reason, I'm out.
Barbara: You put aside the business that you started when you were 7 years old to focus on school like a normal child, and for that reason, I'm out. Hey, Lori, why don't you make a contingency deal? 🤣
I love a great hanger and hate wire hangers! I've never seen a hanger like this one. I'm happy that Mark and Lori made the offer to him. Barbara: Your passion is gone, you invented them when you were 9 years old, and because you didn't clean them for the past 10 years, "I'm Out! What?
So this is shark tank. I love the idea of giving young entrepreneurs a chance. I love the hangers too. I find it hard to maneuver my shirts neck into a regular hanger since I am small.
Honestly, seems like a “great idea.” But in the long run, I do worry about it’s durability. It can stabilize and deconstruct but for how many times? I feel despite the hassle of the old school hanger, I still prefer it.
If Barbara "actually" invested in ANY businesses in Shark tank and they didn't do well, that kinda shows that she's not really a good Shark to partner up with.
Thank you Mark and Lori for doing the right thing! The other sharks….on my gosh not ONE of YOU said I’m sorry for not making him an offer. And then you turn around and this kid who was brought up right with good manners says thank you to each and every shark. Shame on the adults!
Barbara is like "the fact that you didn't make this a business empire at third grade shows me your lack of resolve. I'm out."
dude, it's staged
I was looking for this comment, lol
Well she is a woman. Zero foresight and focus.
He's in third grade, what did she expect, him building his own store like 🤦♀️
To be fair she have a really good point in general about shelved projects losing passion. But she really did forget this guys age. Also when he came over to the closet and effortlessly ripped the shirt of his hanger I came a little. If it doesnt break after few uses and actually lasts, its super good invention.
Can we just take a moment to appreciate the 3rd grade teacher that came up with the invention project? Literally was the foundation for his entire career.
We had one when I was in 3rd grade too. I have pictures. I didn't make it to shark tank though lol
Amen
What if that 3rd grade teacher patent his creation and make it?
His competition? China. It's too simple to replicate.
What career? The company failed
Barbara expected him to make a business out of it at 3rd grade? Passion? We’re talking about hangers here. How could someone be passionate about hangers? As long as it’s a good idea and will sell, that’s all that matters.
Big facts though.
You'd be surprised how many rich asses out there are way dumber than average. It's mind boggling.
Barbara just looks for any excuse to be out.
and he made fricking 70 grand
The woman probably had some not so "try it yourself" ideas for it
"It bores the crap out of me"
It's a hanger, WTF do you expect it to do?
He was cruel to say that. What an a-hole.
He’s a mean spirited a-hole.
He wants it to fly
Despise O'Leary!
Right that was really a stupid thing to say
So what Barbara expects a third grader to drop out of school to grow his school project into a big business?? That’s ridiculous. I’m out.
Just when I think I can't like Barbara less, she opens her mouth...
Yeah kids don't know if they're on to something or not. It isn't like he had an office downtown in 3rd grade and eventually had to shut it down to continue social studies and study for a science test.
That’s fucking crazy. I lost it when she did that.
School don’t teach nothing
She really just shows up to hang out lmaoo
Mark always makes people feel comfortable even if he doesn’t want to invest . He always tells you what he likes and then what he doesn’t like. Such a good guy
It’s especially meaningful when all the other sharks seem like they’re trying their best to make him as UNcomfortable as they can.
He can lose his tempor though. Especially against fraud and gold diggers.
One of the main reasons I watch is just to hear what he has to say
I worked at a clothing store way back and these hangers would have saved us a lot of time putting clothes on hangers.
This product should be geared more towards department stores who's associates have to go through a million hangers to put clothes on. It would also be good for the customer since they can try on the clothes and hang them back up quicker than with a regular hanger.
Not for 4x the cost of a regular hanger
@@BOOGiNS thats not the point, thats consumer prices and completely fine, as any high-end product should be 3x+ higher than the generic styled brand, but in a department store they could easily sell a bulk order of 20,000 hangers for $1.50 each. The price to make one is less than $.75 to make and if the kid is smart he could make them for $.30 each in somewhere like China, and thats a huge amount
@@BOOGiNS Customer will steal them hehehe
@@BOOGiNS But if they have a rule that the people can't take them home and put something on them to alert if they try to take it, they can get way more use out of it than they would a regular hanger. So using them at least ten times more than they would saves money.
Barbara's investment strategy: Let me flip a two-headed coin to decide on whether I'm in or not. If it lands, I'm out.
And if it doesn't. I'm out
Let me flip a coin , If it flips, i m out!
Best one
Nah that's fair cus can land on side 2% and she's in 2% on a great day she's just there to collect the payday
she cant waste her coke money on investing
Kevin: "You could have asked for more."
Mark: "Yeah, we could have, but why?"
Every time I see Mark invest in something I like him more.
Mark is pretty likable on camera but when it comes to closing in on the deal he is pretty shady. there are a few that are know where he has changed the deal or screwed people in the contract.
@@ChrisSolo22 doesn’t mean it was Marks fault.
He loves to boost people. OG!
@@Me2sarilesS This. I could easily see people coming in, getting a deal, then thinking, "Now I just sit back and let them do everything."
I love this man
Respect to Mark Cuban here.
“You could’ve asked for a lot more”
Mark: “We could’ve… but why?”
Hmm do you, REMington? Hmm? Do you like him REMington PEARSon? 👉🏾👌🏾
@@moontide3943 wtf 😂😂😂😂😂😂😂
@S Tra More like he wants the kid to be invested and be the driving force behind the company, so that he can coast on his tailwind and get a fairly large piece of the pie for not that much work. If he took more of the company, he would have to put a lot of time into it to make it work, which isn't what he does.
Screw mark cuban…he’s a lib tard
@S Tra hey, thanks man!
-Johnny
I'm out. I've invested in a few businesses on shark tank, and I'm already poor. For that reason, I'm Barbara.
Handel Humphrey, LMAO! 🤣🤣🤣🤣
U made my day
I’m Barbara and here to be on TV for more money..and for that reason I’m. Out
Shark tank "poor"
She’s right. She has only invested in a few businesses... like only three😂
Barbara really upset that he didn’t continue his business when he was freaking 8 years old lol
Barbara would reject Thomas Alva Eddison for having experimenting "too long" before he invented incandiscent light bulb because according to Barbara his passion might be out cos he took too long to find it.
🤣
@@mayaparamita2254 you do know right that Tesla did the hard work and not Edison?
@@smwatertasteslikewater9325 whoosh
@@smwatertasteslikewater9325 That's not the fkn point ya doingus. This kid didn't invent the cost hanger either.
Out of all the things I've seen on Shark Tank, this is by far one of the best. It's simple, solves an extremely common problem, and it's relatively cheap.
It's out of business.
@@2345678902345671 really?
@@2345678902345671 I knew it would be. This does not solve a problem. There is no problem. Just a bunch of morons. You just slip a hanger from the bottom of a shirt. problem solved. this helps no one. solves zero issues and is overly complicated/cost to mfg too high, no sales. = closed. lol
@@OnceShy_TwiceBitten I agree, it doesn’t necessarily solve a problem; however; a lot of successful products simply make a task easier. It’s a common American thing. We want things to be easier for us. People pay big bucks for a tooth brush that moves on its own.
It’s not cheap though, very expensive.
I think what the two that reckon they have seen this type of hanger before are referring to is a simple folding hanger that folds for packing purposes. In those, the wings fold up for packing and fold down to lock in place for normal use. They will not collapse when pulling cloths of the hanger.
I think you solved the mystery
That's exactly what I ended up finding as well, this actually is different from what they were thinking of.
That's what l think too.
Yep but then if this lad is able to sell his hanger for nominally higher price then he can get it right.
Or you look at different countries and realize this "invention" has been done a bunch of times already. It's just cheaper to make regular hangers.
Barbara, don't push other sharks to make a deal when you literally back out of every deal for any stupid reason.
i'm sure she'd love to make deals with it but she's broke lmao
She needs to get off the show..she’s clearly there for TV!!
The Inroad.. and scene
Lol you people are so envious. Barbara is worth many hundreds of millions
@outsider88 Barbara: "and for that reason..i'm out" 😂😂😂
That young man most definitely won them over with his manners. Mad respect
Totally, when a shark says “I’m out”, not all of them reply with “Okay, thank you for your time”. Always good to see
Manners maketh man.
4:37 Barbara: “I’ve invested in a few businesses on shark tank”
Anakin: LIAR
OMG this killed me LMAOOOOO
😂😂
Barbara would reject Thomas Alva Eddison for having experimenting "too long" before he invented incandiscent light bulb because according to Barbara his passion might be out cos he took too long to find it.
It's crazy how I can hear him
she did tho
This is one product that I immediately wanted to buy, like right off the bat. just to use at home. It would make hanging up my button shirts way less cumbersome.
Hmm. I'd go with quality materials. Plastic hangers no. Shirts and jumpers. But the traditional fixed hanger holds pants and shirts. So its competing with the utility of the original form
Mark Cuban : “I’ll just use them at home, $80k worth of hangers, nothing”
Mohammed Umar that was a legendary quote haha. But also maybe a part of the reason why Marks net worth has stayed stagnant for the past 20 years
Does he really need more money tho
That’s cuz Mavericks are still not profitable even till now, his biggest asset is the basketball team but it doesn’t make him money
@@rodc726 you are clueless my friend. His biggest asset is not his NBA team. You know that he has stakes on different software and real estate companies.
@@hellohello9400 Maybe because he invests in things like this and knows he doesn’t need to just keep accruing more and more wealth. He’s already a billionaire, what else does he need?
I hate stretching my collars. This is genius and I would buy em.
You would, but you can't, product never made it to market as far as I can tell :). Lots of alternatives though.
Just put the hanger in from the bottom site. 👌
@@Rabaikal was gonna say the same thing
@@Rabaikal thank god someone has common sense!
Women have stretching problems as well. Can literally rip a dress or expensive item!
I have never seen anything like this before myself. I need these hangers.
Unfortunately he didn’t make it and the company is shut down
@@gabrielflores8405 That is such a shame.
I have a better product... it's much smaller and more convenient...... it's a nail.
@@mikegee8875 You must have nothing but cheap clothing I guess. I have nothing that wouldn't be destroyed by a nail.
@@mikegee8875 wait .... so you have like 100 nails in your closet walls?
He was in 3rd grade! Of course he left the hangers in his closet for 7 years. He's a kid! He's had school and pediatrician appointments lol. As someone who works in retail, I would love to have these hangers, even just for kid's clothes. This is a great invention, and it's great for the differently abled, too, or people who've had recent injuries or surgeries.
I worked in luxury retail for years and I can tell you stores NEED this to help keep their clothes from getting damaged by shoppers. The only caveat is I would widen the shoulders to prevent shoulder warping too, that would be a plus.
I would bet my life savings that you can't provide evidence a single example of an article of clothing that was damaged by pulling it off the hangar. You are just making up a problem that doesn't exist. The only reason hangers fold in luggage sets are for storage convenience not out of fear you might "damage" your coat.
@@DeathmetalPersian Go to your nearest clothing store's changing room and watch the guests take shirts and sweaters off the hangers through the neck. There's your evidence, asshole.
@@MRKYootube I have and never once have I even seen a shirt with a "stretched neck" in my life. Even at overstock shops.
@@DeathmetalPersian tf do u even ever go out?
i also work in the retail chain and this is a problem not just at the store level, i see regular hangers damage product (usually when being repacked) before it even makes it to store shelves/racks. other damages are from the container truck making a hard stop, turn, bump in the road, or a forklift ramming into a pallet full of boxed up apparel, looks fine on the out side but inside some of those cheep flimsy plastic hangers have shattered and poked holes in stuff as they are sharp when they break, and his just fold instead of shattering.
much of our product got around this by shipping the hangers separate and making the store insert them into the clothes. but this has increased costs, both logistically (store doesn't always get the hanger with the good as its in a 2nd box, + 2x shipping for the same good) and ergonomically (by handling product individually at the store end instead of the production facility doing the hanger insertion, usually with a machine or at least a production line, witch is much cheaper time wise.
this kid didn't do enough research if he failed with this hanger, even if it cost 6x what a regular hanger costs it would probably still save a company money, depending on the type of clothing being used as some are not easy damaged oc.
wish i could post pics on here, not that i have any on my home PC atm but yeah we got a bunch, there is a reason that clothing is the 2nd most polluting industry in the world just behind big oil, and this hanger could have reduced just a bit of it. there is a lot of waste do to damage that no one views at the store end, they dont waste money by shipping damaged stuff when they know about it.
"We could have, but why"- you could see Mark was actually trying to encourage the kid 😊
I just love Lori and Mark...they understand others and give them chance they deserve
Barbara: You didn't turn this product into a billion dollar company in third grade, so for those reasons I'm out.
Mark is really a gentleman. He doesn't haggle deep to a budding entrepreneurs. He is lot reasonable than others.
No one seems to be mentioning the fact that this is just simply a better clothes hanger, an item that everyone uses. This guy is awesome and this show is total crap.
People like Mr. Wonderful just bully inventors to out on a show and I honestly feel bad cause they don’t deserve it.
Nah it's pretty awesome.
Its expensive tho
It is expensive. They are thinking it's 3 to 4 times more expensive.
From an economic standpoint you can see why, the money they use to buy it to stock retail stores is gonna be way more than the cost of the ruined shirts, the other benefit would be for the retail workers, but they wouldn’t care about them at all
I didn't get it at first but that is pretty good. Doesn't collapse under normal weight but collapses as you try to pull it out.
Yeah have you found it somewhere on amazon maybe? I need this
"I'll just use em at home, it's worth it. $80,000 worth of hangers, nothing." Lmao the life of a billionaire.
Lol XD
"This is an idea that is stuffed in the closet."
He was in grade 3 goddammit
Respect for Mark for giving a chance to the young entrepreneur
yeah it was just for the camera, the deal never came through
Kevin: You could've asked more... Mark: We could've --- But why! Mark Cuban is a great man
Anyone would be great that actually worth 60 billion dollar lol
@@finditandfixit2081 60 billion? Lol, where did you get that from? He's around 4-5 billion.
Exactly what I noticed too! Those two quotes encapsulates both of them perfectly!
@@2222kishore Is there a difference? Either way you're never spending it all.
Also Mark: "$80 worth of hangers, NOTHINGG"
“I’ll just use them at home, $80,000.00 dollars worth of hangers, that’s nothing”.....BALLIN!!!
"I'm a yanker"
- Mark Cuban
i was looking for this comment lmao
Truer words have never been spoken.
"I would do it with Mark"
Lori G
He s into bitcoin
Why yes. Yes you are.
He should do 3 tiers of pricing options with better materials. Do like a good cheap plastic option, better aluminum option and best fine hardwood option. I’d buy this.
I agree. I think it’s a good idea but I don’t like how they look in the brightly coloured plastics. I have those like felt covered changers in my closet which I really like because they’re still cheap but they look good.
@@rachelcookie321 well they were just demos
Came here for this. I refuse to by the plastics. Especially for natural materials. A war cedar or cherry wood version with a metal hinge would be perfect.
I would fill my closet with these if they were wooden with the noise canceling hooks!
The retail argument was genuinely great. As someone who has worked it retail I feel like these would really help.
I worked in retail before too. The only thing I see this doing is encourage people to rip clothes off the rack they don't care about and then just throw them on the floor for employees to pick up, dust off and put back up.
See, they already do that though so, at least this way the clothes won’t be damaged and it’ll be easier to put them back on.
Lori: "There are other products like this."
Mark: "Yes I've seen it too."
Mark and Lori: "Lets both invest."
:D
Barbara: you don’t have the passion like you did in third grade, for that reason, I’m out
😂😂😂
Barbara would reject Thomas Alva Eddison for having experimenting "too long" before he invented incandiscent light bulb because according to Barbara his passion had worn out cos he took too long to find it.
Kevin’s evil laugh when the guy said 88 cents for a regular pack of hangers was classic
I would easily buy a set of these hangers
Me to
Linda Kennedy too*
Yep I'm like mark
Me too
The zoom-ins on his eyes are almost comedy.
I think this guy could sell anything... confident, articulate and good looking
He lacked experience. The Sharks saw through him. Lori and Mark were being charitable
Too short, tho. Gotta be 6ft
Defeatist
his politness impresses me
he looks ok...
Kevin was cruel to that guy. “It bores the crap out of me.” “You could have asked for a lot more.” What a greedy and mean person. Barbara is ridiculous for her reason to be out. She wanted a third grader to start a business and accuses him of losing his passion? The guy went on to get a patent since third grade. There have been adults, on the show, who don’t have their products patented and it becomes a liability. It almost sounded like he wanted to cry after their criticism. Poor guy. He handled their rudeness well. I’m glad he got a deal.
I've seen one of these episodes with a farmer who made a plastic dome thing to keep moisture from leaving the ground as you plant it at the base of a plant, and he was asking to price it at 1 dollar. Kevin told him its way too cheap, and this time he says it's way too expensive for a plastic coat hanger. Sometimes these "investors" contradict themselves, actually, alot of the times they do
This thing should not be confused with foldable hangars, which I personally use when I travel because they fold up very small and weigh very little. If I could find this, I would buy at least 20 pieces because hanging laundry is a real pain the rear.
IMPORTANT NOTE! The link in the description is for the travel hangars I use and is not the product in this video. Plus they are a rip-off on Amazon considering I got mine elsewhere for under $0.50 each.
@S Tra , and by your reasoning, intentions to purchase are BS, so nobody would actually buy it. It almost sounds like you failed in a business going full-steam ahead because you believed everybody who said they would buy it instead of testing the actual product with volunteers first.
@S Tra , you're telling me I won't buy them when I say I would, AND also telling me I'm high on crack AND that I have no idea what I'm talking about? You seem to know me one hell of a lot better than I do myself. Right...
You're the most brilliant person I've ever spoken to. Now tell me what I meant. LOL!
@S Tra Yeah, true, and just because you didn't like what they said and commented, that also means nothing. Welcome to the party.
@S Tra bro i already saw multiple comments about buying it. Saying something like one willing customer is useless is just like "one vote cannot decide who's going to win an election. So i won't vote."
@S Tra considering that there's a reason to buy it means that there's a possibility that it'll sell (means "one buyer could give way for more buyers"). All that it needs is to make that perspective (that it's worth it to buy) widespread enough to make a profit. Based on the comments I saw, such perspective is pretty common. Thus, it may work out as an actual product.
Id buy these just because you can tell he's passionate about his product and some of them were pretty rude to him, you don't have to tell him the product bores the hell out of you
I guess that's the premise of the show n that's y its called shark tank.
I guess he must have some funny hangers at home…
This is a great product for the mass market. I'm constantly struggling, especially with silk and delicate work shirts.
Gonna grab some online now
It's a great idea, I just hope that over-time the material of the plastic doesn't wore off to quick that it just folds and drops the clothes as soon as you put them on the bar.
He never ended up closing the deal
@@7ngel What. No. Why?
@@kajsasentry3686 no idea
He lost his passion as a third grader? LOL.
Well maybe he saw a butterfly?
Barbara would reject Thomas Alva Eddison for having experimenting "too long" before he invented incandiscent light bulb because according to Barbara his passion might be out cos he took too long to find it.
I’ve never seen the competition for this? I would DEFINITELY buy this product
There are a few, check on amazon.
A chinese company in my country called miniso sell this but it flipped the other way around
Kevin - You could have gotten more than 30 percent
Mark - i could have but WHY ???
Mark cuban is really a good man...
Barbara.. he was in third grade... What is wrong with you? Was he supposed to drop out of school or something? If I ever went on this show and Barbara tried to invest in mine, I would probably tell her, "I'm out"
🤣🤣🤣🤣
🤣🤣🤣🤣🤣🤣
No fr😂😂😂 I used to love Barbara but she's trippin
I swear Barbara has an issue with everyone 😭😂
There is a reason u will never be on the show
Why is Barbara on the show????!!! Let me go on the show. I can’t buy anything but at least my excuse will be better.
Only seen like 5 seasons but so far whenever she goes in, that product fuckin does well. Her gut instincts seem to work.
@@StoicProfile when the show first started she gave much more offers but I know she got burned a few times. She’s just not enjoyable to watch anymore. She seems nice and I’m sure she’s a great person, just my personal opinion!
She is Very careful and smart investor,Nothing wrong with that.
I wouldn’t invest $80k in plastic hangers either.
@@italiarosa4666 Lmao plastic hangers make hundreds of millions a year, thats pretty stupid
@@StoicProfile ppl just make jokes and the rest feed off of those used jokes. Shes got good instincts. Then vapid comments from questioning viewers like that show up
Lori: I ’ve seen other products like these
Him: 👁👄👁
1278 B.C was the last time Barbara invested in a company
That’s absolutely amazing that he was able to get into Walmart when he was in grade 3! Good for him for getting the patent. I hope this hasn’t already been created though :S
What use would retailers have for this? I worked at target we have a trash can that we fill up every day with broken hangars and have to put hundreds of pairs of clothing back on hangars. This product doesn't make more profit it reduces the bottom line or cost of the business which is just as valuable. Buy less hangars and have employees spend less time doing one job.
No they're worried the clothes are getting damaged not the hangers
I also work in retail and I see the necklines of clothes get stretched out by those regular hangers all the time. No customer wants to buy stretched out clothes.
@@syd7801 But these hangars can break, and I'm guessing the $ loss from thousands of broken hangars is > the $ loss from stretched out necklines. This isn't a commercial product, it's a consumer one.
@@Hotobu idk wht kind of cheap cloths ur buying... $4.00 for a pack of 3 hangers. Let's say u break 9 hangers over a course of 3 years. That's $12.
Ur average shirt from wallmart cost double that.
Any nice shirt from any upper name brand/ hype beast is gona be 20x that, if the collar gets stretched then ur out $200...
@@BrokeMalone You *might* have had a chance at having a point if you understood the context of the conversation.
For those wondering, the business doesn't go well... There ARE tons of other products similar & it seems to have broken the kid down. From what I can tell, he's not even selling them.
Doesn't surprise me. Patent unfortunately does little if the same result can be achieved in many ways with tiny difference in design.
Acept that and lager comoanies easily push you out. Combat it and argue it falls under the patent and you are locked in an endless stream of law disputes.
Well at least he can still hang in there...
@@TravistheGREAT03 even nespresso lost the battle vs. the universal capsel
He's hanging by his neck in his closet
@@spookrockcity 😳
The way his ears perked up when mark said he would make a deal.
Mark: "I'm a yanker"
Me: "I thought this was a family show?"
He has made over 13 million in sales!!! That’s crazy! So proud of him.
Wow, thanks was gunna google but came to comments first.
???? Where? Online it says the business never made it after this appearance
Lies.... He never closed the deal with the sharks and is out of business completely.
Cap
Like others said, he never made the deal with the sharks after the show and the company no longer exists. Turns out, what Barbara said about the passion not being there was true. After Shark Tank, this kid formed another business and dropped the hangar one for good 🤷🏻♂️
It's worth noting that the competition problem ended up being a real problem. When he first deigned it back in 2003 it may have been new with no competition but clearly others stole the design and now plenty of them exist on the market.
No one stole the design, it's a common contraption that anyone could've thought of in the duration that those hangers stood in his closet
@@odayaka9697 but he has a patent soooo. He wins
@@GreyBlackWolf thats not how patents work. Theres several other hangers like this with small differences so technically its not patent infringement.
@@jasperhalsey8574 That depends. On what his patent details and what theirs detail.
@@GreyBlackWolf that’s not how parents work. And just a utility patent. Its to easy to make something similar without even involving how his parent is designed. They aren’t cure alls like people assume they are.
I’d buy these in a heartbeat. Especially for my husband.
I like how the differences in opinions of the Sharks on this one show how different people are in their daily lives and habits. This really would be super useful to some people and useless to others.
Great presentation and this is definitely a product I would buy because I hate my regular hangers so much. $3.80 for a 4 pack is a little steep, he could definitely make them for cheaper.
Wow! I bought 100 hangers years ago for 20 dollars and they are still sturdy and good to go
@@carlj7466 I'm sure those sweatshop children are proud of your support
@@jawaring4367 they were made locally actually. Wood was super cheap at the time. Nice negative assumption though
@@carlj7466 100 handmade wooden hangers for $20 lol, you aren't fooling anybody
@@jawaring4367 you still upset you were wrong?
I would buy this product i never seen a hanger like that before
I think a third grader should drop out of school and become a multi millionaire which is not what you did, for that reason im out-barbara
Love how Barbara tells Lori to make a offer. When she's out.
This guy's eyebrows are raising my anxiety off the roof
Easy storage too because packing/storing hangers quickly turns it into a ball
Mr "wonderful": "You could have asked for a lot more..."
Mark : "Yeah we could have, but why?"
I love this! In the midst of a sea of money grubbing PoS, It's so refreshing to know there are people out there that care about the people out there. I would hate to work with Mr "W"... He got lucky with Mark.
There’s a reason Mark is a Billionaire and Mr wonderful (not so wonderful in my eyes) is not and that was a great reason why.
Mark cuban a person who cares about people, tell that to people who got into iron finance defi coin endorsed by cuban and from which he took all his money out just before a few hours of it going to zero😂😂
There was a guy who was a player on his NBA team who became addicted to cocaine and homeless after his playing days and when Mark Cuban heard about it it used his connections to get in contact with him and picked him up got him some clothes and a meal and checked him in and paid for rehab. Mark Cuban is a good guy.
@@rogerszmodis no owner wants his team's name in articles full of drugs and gangbanging. Cuban did what he had to do for a good PR of his team and this can be backed by the fact that deltone was allegedly homeless from 2016-17 but it didn't became a big news but this time it was a big fire which had to be put out
@@Lkshy_abq a bench player who played one season with the team and who hadn’t even been in the league for 8 years isn’t a PR thing. If anything the articles would associate him with Boston or Cleveland where he spent the large majority of his career.
Barbara: " I am out because I am always out." Homeless maybe
Yep and Damon too
Yeah there's foldable ones out the but the pressure on this one makes it great for people who are busy, atypical or havee depression....its quick. Little things like pressure can change things alot. Those other foldable ones seem like too much. The other ones I'm seeing after a quick search seem more for portable use...
Barbara's like: i love your hangers, however it rained yesterday and my daughter's teddy bear got wet, and for that reason I'm out 😂
80 grand is just like buying candy for Mark, for 30% it's a great investment for the young generation. I thought he just spread his money instead of deposit it in the bank
I work with elderly who struggle with hangers this is ingenious.
@S Tra "working with elderly" isn't just limited to her. Knowing that there's a reason to buy a product means that it may sell. All that it needs is for such perspective (that the product is worth to buy) to be widespread in order for it to be profitable. Considering that the perspective, "it'll be he helpful to me since I work with elderly" means that anyone like them, as well as the elderly themselves, may see value on the product.
Not to mention that "it may help the elderly" isn't the only perspective that sees value on the product, but just a part of it. The main "perspective" here is that it is really helpful. There's already a lot of comments on how helpful the product is and wants to buy it. It means that such perspective (that the product is valuable) is common, thus, may be profitable.
@S Tra besides, one customer could bring more customers. Saying that a single customer is worthless is pretty close minded as a single customer could help bring a couple, and each of those could bring more. Further, we're not just talking about one customer here since the reason to buy it isn't unreasonable.
Edit: if you want a visual representation, then: if you are going to sell a product to group A which has 10 people and be able to sell a product on 1 of them that's 1/10. That 1 customer could convince a couple more on how helpful the product is, then 1/10 -> 3/10 and those couple could do the same and so on. Now that's just if you are going to group A but what about 2 more groups? Group A here is "elderly", Group B = clothes shop etc.
You could sell this to all the retail clothing brands . This would be a boon for people who work in retail clothing
Robert shaking his head at Mark at the end. 😂😂😂
I invented something for my 3rd grade invention convention and got 2nd place. It was a sheet set made from 2 different types of fabric. A warm side, and a cool side. Women tend to be colder because they have less muscle mass. Men tend to run warmer. So I sewed flannel and cotton together and made the his and her sheet set. Fun times!
No one cares about that, it was years ago, let it go and move on. You should have focused on your dream when you had the passion. For that reason, I'm out.
I will offer $83 for 74.5% equity. That's my final offer. Take it or leave it
@@krio99 I'm going to have to reject that offer, thankyou for your time though. This has been a dream come true just to be here.
That doesn't sound right... Women generally hold more fat so I would think they'd be warmer
@@dardanm3544 muscle generates more heat than fat does.😊
I for the life of me dont know why they dont open shark tank stores. Just sell all the "hand shake deals" there .
7:03 Mark Cuban = Legend for saying that
KEVIN..it bores the hell out of me😂😂
Barbara: You put aside the business that you started when you were 7 years old to focus on school like a normal child, and for that reason, I'm out. Hey, Lori, why don't you make a contingency deal?
🤣
I love a great hanger and hate wire hangers! I've never seen a hanger like this one.
I'm happy that Mark and Lori made the offer to him.
Barbara: Your passion is gone, you invented them when you were 9 years old, and because you didn't clean them for the past 10 years, "I'm Out! What?
I have a bad habit yanking shirts off hangers too good product in my opinion
lorrie "id do it with mark" Robert goes him crying in the car 🤣
Steve: Could have asked for a lot more!
Mark:Damn! Could have,but why!? ❤️
Hats off Mark!❤️
Kevin*
Barbara: I have done a few businesses in shark tank and I dont know how I did them cuz I'm always out. For that reason I'm out.
"We could of, but why?"
No wonder Mark is the billionaire in this panel.
Totally different mentality!
His politeness pulled them in imo...good mannerisms work wonders many times ...
Mr.Wonderful :"You could have asked for more"
Mark :"I could have but why"
Most genuine man I have seen in my Life
7:32 my face when Barbara goes out
So this is shark tank. I love the idea of giving young entrepreneurs a chance. I love the hangers too. I find it hard to maneuver my shirts neck into a regular hanger since I am small.
I’ve never seen anything like this and I’m a hanger fanatic.
The kid is used I think by that friend's mom, it already on Walmart so of course people already copy it. ("_)
Honestly, seems like a “great idea.” But in the long run, I do worry about it’s durability. It can stabilize and deconstruct but for how many times? I feel despite the hassle of the old school hanger, I still prefer it.
Just get replacement. Anything with hinge or joints are meant to fail. They ain’t expensive to replace anyway. Kudus to this idea. Well done!
@@ShirtPapa more plastic for everyone, kudus to that mindset
@@mafp40lite35 without this joint, more hangers will bent, clothes stretched and more wastes.
If Barbara "actually" invested in ANY businesses in Shark tank and they didn't do well, that kinda shows that she's not really a good Shark to partner up with.
She literally invests in NOBODY !!! So very observant of you to notice that. I would never partner up with her.
She only does real estate.
I think she mainly invest on food. I've seen a few episodes of shark tank and most of her investments are doing great.
@@thedude5599 she invested in that cheap burger thing that has gone big
@@temtech9730 the burger thing, right?
4 years later still havnt seen anywhere
Thank you Mark and Lori for doing the right thing!
The other sharks….on my gosh not ONE of YOU said I’m sorry for not making him an offer. And then you turn around and this kid who was brought up right with good manners says thank you to each and every shark. Shame on the adults!
Why would they be sorry for not making an offer it’s their money the only thing you can reasonably be mad at is their tone and what they say
Hang in there buddy!