Many entrepreneurs seen on Shark Tank are now making millions. The reality TV show gives entrepreneurs the chance for their dream come true. They present their idea to a table of five to seven industry million and billionaires, known as the sharks, who have the chance to invest in the idea. The sharks have seen and heard hundreds of ideas and have invested in numerous companies that have become a success. These companies are now making millions; so here are a few of the many successful businesses.

ChordBuddy: First featured in season three, ChordBuddy is an innovative take on a guitar learning system. The device allows users to easily learn the guitar chords. ChordBuddy attaches to the neck of an acoustic or an electric guitar and has color-coded tabs that coordinate with each cord. Each color-coded tab can be separately removed as you begin to learn the chords. The device helps you play the C, D, G, and E minor chords. The inventor, Travis Perry who is a music teacher, first created ChordBuddy when his daughter was beginning to play the guitar.

One month Prior to Shark Tank, ChordBuddy made $150,000 in sales. While on Shark Tank, Travis made a deal with Robert Herjavec, for $175,000 in exchange for 20% stake in ChordBuddy. In 2012 the company earned $2 million in sales. The company also is represented by the country singer-songwriter John Rich. The device now retails for $49.95.

For more information or to see their products visit https://www.chordbuddy.com/

Lumio: First featured in season six, it has become a very successful product and has been given numerous awards for its design. Lumio is an elegant lighting system that allows you to experience lighting anywhere you want. The modern lamp is magnetic and can mount to most metal surfaces. The unique design is easily portable in its folded form, having the shape of a book. It can be unfolded 360 degrees and is able to be opened to any degree desired; the light turns on once you open it. The lighting system is battery operated and can last up to eight hours and it is chargeable via USB.

While on Shark Tank, the founder Max Gunawan made a deal with Robert Herjavec for $350,000 in exchange for 10% equity. Max made an optimistic valuation on Shark Tank of $2.5 million dollars but has since exceeded this valuation. In 2014 as well as 2015, the company made $3 million in sales.

For more information visit http://www.hellolumio.com/

Scrub Daddy: Claimed to be Shark Tank’s most successful product, Scrub Daddy was first featured in May 2014 of season four. Scrub Daddy is a smiley face shaped sponge, most unique for its textures in different temperatures. In cold temperatures, the sponge becomes very hard and rough, but in warm temperatures, it is soft and compressible. The versatile sponge is very useful for cleaning, indoors and outdoors, and the smiley face feature allows for silverware like spoons to be thoroughly cleaned. It is available in lemon scent, dual-side, and multicolor sponges. The design of the sponge allows it to grasp hard-to-reach places without scratching delicate surfaces.

Eighteen months before Shark Tank, the founder only made $100,000 in sales. In 2012,  Scrub Daddy appeared on Shark Tank and secured a deal with Lori Greiner for $200,000 in exchange for 20% equity. Scrub Daddy has now expanded throughout the US and Europe. Greiner helped Krause expand his product into stores like Bed, Bath & Beyond, Walmart, Target and more, she also brought the product onto QVC. In 2015, the company sold over 10 million units and made over $50 million in sales.

For more information visit https://scrubdaddy.com/

Cousins Maine Lobster: One of the many successful food businesses to come out of Shark Tank, they were first featured on season four. The two founders, Jim Tselikis and Sabin Lomac, are natives to Maine and wanted to spread the experience of having authentic Maine lobster. They opened a food truck in Los Angeles, California in 2012, with a goal to provide customers with fresh Maine seafood. The company is famous for their signature lobster rolls, which are New England style rolls with a large portion of lobster in it.

While on Shark Tank, the duo was able to secure an investment with Barbara Corcoran for $55,000 in exchange for 15% equity. Ever since Shark Tank, Cousins Maine Lobster has expanded to having 13 food trucks in 8 different states. Recently they have opened their first restaurant in West Hollywood, CA. In early 2016, Cousins Maine Lobster reached $20 Million in sales, and in 2013, the two created a non-profit entity to help support adolescents with the hardships of growing up and to give back to the community.

For more information on Cousins Maine Lobster and food truck locations visit https://www.cousinsmainelobster.com/

After their appearance on Shark Tank, many companies see an overwhelming increase in business, and with the help from the investors, they are able to further grow their startup businesses. Shark Tank is the recipient of the 2016, 2015, and 2014 Emmy Award for Outstanding Structured Reality Program.