Jeska Shoe Company

jeska shoe company jessica haynes

Jeska Shoe Company entrepreneur Jessica Haynes was a big winner in the  Southern Arkansas University Donald W. Reynold’s Governor’s Cup in 2011. She won the yearly  Innovation Award in the Graduate Division. Jessica brings Jeska Shoe Company and her award-winning product, a prototype shoe that switches out stiletto heals for flats via an interlocking, magnetic mechanism, into the Shark Tank in episode 420. According to the website: “The Donald W. Reynolds Governor’s Cup is a statewide undergraduate & graduate business plan competition designed to encourage students in Arkansas, Nevada, and Oklahoma to act upon their ideas and talents in order to produce tomorrow’s businesses. This competition is aimed at simulating the real-world process of entrepreneurs creating a business plan to soliciting start-up funds from potential investors. ” As of the week prior to the air date, Jeska Shoe Company has no website and has not produced any shoes for the marketplace. It is a pre- revenue start-up.

Jeska Shoe Company Shark Tank Recap

Jessica entered the Shark Tank with her prototype shoes that switch out the stiletto heel for a wedge seeking $70k for an 30% share. Jessica reveals she’s got about $63K of her own money the business, mostly from an unspent college fund from her grandfather. Robert thinks women like having lots of shoes, so he’s out. Kevin, who NEVER funds pre-revenue start-ups, thinks Jessica has no plan; he’s out. Mark doesn’t know the shoe business, so he’s out. Barbara thinks women who could afford Jeska Shoes could also afford more than one pair of shoes; she’s out too.

In a Shark Tank tear-jerker, Daymond reminisces about his start-up days when his mother loaned him money to start FUBU out of their family home. Daymond tells Jessica he’ll make an offer, but it’s not a good one. He offers $70K for 70%. Daymond claims he has to do a lot of the work to get the product off the ground, hence the large percentage. Jessica says she’d rather have a small percentage of something than a large percentage of nothing and accepts.

DEAL: Daymond offers $70K for 70% of JesKa Shoe Company.

Jeska Shoe Company After Shark Tank Update

Shark Tank Blog will continue to follow Jessica Haynes and her business after their appearance to track their success. Will Jessica make Jeska Shoe Company another Shark Tank Success story or will this be the latest train wreck? Shark Tank Blog has product reviews, previews, and interviews with Jeska Shoe Company and many other businesses and entrepreneurs who appeared on the show. We continue to endeavor to provide the best Shark Tank information for investors, entrepreneurs, and fans.

Posts about Jeska Shoe Company on Shark Tank Blog

Stiletto Switch for  Wedge

Jeska Shoe Update Interview with Jessica Haynes

Jeska Shoe Company Information

Website

Facebook

 

Comments

  1. Docknock says:

    Now if you could pair this with that shoe to boot conversion kit….

  2. SHOEpaholic says:

    DSW sells well known shoe brands/designer footwear for well under that price point (not to mention discounts/coupons on top of that). Sounds like a disaster for the investor. Great passion, bad deal. 1) Lower the price 2) Nix all the goofy looking knick knack magnetized add ons and make a shoe with varying heel heights the incentive to buy your product. (A black flat, black wedge, black pump…. must haves in every women’s shoe arsenal). 3) Don’t continue the current prototype venture any further.

  3. The average working women in corporate world would invest in these

  4. YES!! Finally someone who understands me!! I could throw a pair of tennis shoes and a pair of these in my suitcase – a plastic bag of shoe bows etc. and be on my way!! Yeah. I think $200 is a high — would rather it be $100 — and I would need flats… but looks like you have that covered. Love this — keep my address handy girl – you are going to be amazing…. Love your product!!!

    P.S. Yes, I too am a small business person.

  5. Jeannie says:

    Make these work for a traveling executive and they will sell. Comfort and functionality with style will be the key. Make this a winner!!!

  6. These shoes were horrible. The sharks were so nice to her because she was this cute little girl with a smile who cried when she told her story.
    If she wasn’t a pretty face they would have torn her apart.
    Lets start with the fact it was more of an idea than a business.
    The price point for the shoes was insane.
    The magnets? Come on, who pays $200 for shoes with magnet decorations that they will lose. For $200 I would much rather pay for shoes I will love that don’t have these issues.
    Seriously this show is losing credibility fast.
    She has 0 distribution for a reason.
    Then the final nail in the coffin, these shoes aren’t even a new concept, google it.

Speak Your Mind

*

Get great posture NOW