![]() ![]() Soon after the airing, Staples contacted the pair, and moved them into development to get the LockerBones ready for back to school sales. The deal never closed, but the real value came in the Shark Tank effect that so many entrepreneurs experience. The entrepreneurial dads leave the stage with a deal that includes not one but two Sharks. He asks Lori Greiner to go in with him for 50% of the company for $175,000. Robert Herjavec is interested, but he doesn’t want to go in alone. He’s out. Barbara Corcoran agrees with the other two Sharks, that the pair’s sales strategy isn’t strong enough. He tells the pair they’re “chasing the dream, not the green.” He’s out. Kevin O’Leary believes the pair should be working harder on distribution to schools. Mark Cuban is unimpressed with the business strategy thus far. The pair have not moved forward because they don’t feel their patent is strong enough until they’re ready to produce a plastic version. The pair hasn’t gone to Staples or Office Depot because those retailers want plastic. Kevin O’Leary wants to know if they’ve gone to Staples, which holds 30% of the school supply market. The pair explain that the organizer has been redesigned, and that they have a contract in place with Amazon, for 10,000 pieces in wood. They want the capital to fulfill the order. ![]() The low sales numbers and the previous failure leave the Sharks leery. They’ve already paid $28,000 to tool a previous model which failed. Lori Greiner wants to know what the model is going to cost. They’ve sold a total of 500 units in 2 years. The pair has come to the Shark Tank looking for an investment to make a mass-market, plastic version of the organizer. When the dads sent a LockerBones organizer to school, within a few months the school’s Organizational Officer contacted them for 60 more of the homemade version. ![]() The design has been patented, which is a common question from the Sharks. Steven pulls the demonstrative model out of the locker, to show the simplicity of the product. Greg shows the Sharks a locker with books piled in the bottom, calling it a symptom of “Disorganitus.” Greg and Steven come to the Sharks seeking a $175,000 investment in return for 10% of LockerBones. LockerBones make trips to the locker quick and easy for school kids and parents like knowing everything is neat and tidy.Ĭronin is likely looking to the Sharks for help with manufacturing and marketing. He also set up a fundraising mechanism so schools and/or PTA’s can sell LockerBones to raise money. Cronin found some initial success with schools in the Jackson, Mississippi area. There’s no hardware – everything slides into place – and they can fit any size locker. Locker Bones is essentially a set of shelves that easily fit together inside a locker. Cronin spent two years perfecting the solution. She didn’t like stuffing her school books into the large, open space inside her locker she wanted an easier way to store her things. He invented LockerBones when his daughter got to middle school to help her keep her locker in more efficient order. See all my Premium Plans in the Shop.Greg Cronin shows the Sharks his locker organizers, called LockerBones, in episode 514 on January 17. Use a carpentry square to check if the corners are right-angled. Select the lumber with attention, making sure the components are perfectly straight and in a very good condition. There are many things that you could go wrong, so make sure you plan everything and invest in quality materials. If you don’t have a rich expertise in woodworking field, you should ask a friend to give you a hand with the project. In addition, we recommend you to invest in high-quality materials, such as pine, redwood or cedar, as they have a nice finish and are highly durable, especially in a humid environment. Adjust the size and the design of the locker to suit your needs. If you want to see more furniture plans, we recommend you to pay attention to the rest of the projects that are featured on our website and to invest in high-quality materials.īefore starting the actual construction project, we recommend you to plan everything, as to save money and to keep the costs under control. If you want to learn more about building a locker out of plywood, we suggest you to take a look over the instructions described in this article. This step by step diy woodworking project is about wooden locker plans. ![]()
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