Mission Belt

Mission BeltEntrepreneur Nathan  Holzapfel pitches his Mission Belt, a belt with no holes, to the Sharks in episode 422. Nathan started  the Mission Belt company in 2012 to do two things: sell stylish leather belts with no holes and help stop world hunger. The belts are made from high grade leather and, although priced as a “bargain belt,” have the look and feel of high fashion belts many times the cost. The added bonus of not being constricted like standard belts with holes sets Mission Belt apart from the competition. In addition to producing quality leather belts, Mission Belt has a mission to help end world hunger. One dollar from every sale goes to fund micro-loans through Kiva.com to people battling poverty all over the world. Rather than just sending food, these micro-loans provide education and resources to help impoverished people with the resources and know-how to produce their own food.

Mission Belt Shark Tank Recap

Nathan told the Sharks he wanted to re-invent the belt, so he came up with a ratcheting mechanism for belt buckles that eliminates the need for holes. This allows for a perfect fit, without having that “in between space” belts with holes have. In 3 months, he's sold $39K worth of Mission Belts and he claims everyone he shows them to buys one. He's looking to the Sharks for help with distribution.

Lori likes the belt, but thinks it requires too much demonstration so she's out. Kevin likes the product but doesn't want to get involved with getting it into chain stores. He's out. Robert goes out next, leaving Mark and Daymond.

Daymond likes the Mission Belt, but thinks one product won't make a company, but he offers $50K for 40% if Nate will lead the sales team. Mark tells Nathan to take Daymond's offer, then he goes out. Nathan negotiates the percentage down to 37.5% and makes a deal with Daymond.

Mission Belt Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Mission Belt has an update segment which appears in Shark Tank Season 5 Episode 507.

Nathan was honored to partner with Daymond. They sold $180K worth of belts the night they initially aired and over $1 million in the following month. They're projecting over $5 million in sales for the year. Mission Belt now employs 20 people and continues to support Kiva.com and Nathan says being on Shark Tank was the best thing he's ever done for his business.licensed mission belts nhl nba college
Mission Belts now has NHL, NBA, and College Licensed Mission Belts available, too.

The business is featured in Beyond the Tank Episode 105. Read more about the company's progress HERE.

Posts About Mission Belt on Shark Tank Blog

Belt with no Holes

Mission Belt Information

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Comments

  1. can you license this to watch companies.

  2. Mike Aldana says:

    THIS IS A LIE THEY DID NOT INVENT THIS FOR ONE I USE TO BUY THESE BELTS IN MEXICO FOR LESS THAN $10 AMERICAN IN THE 90’s I AM 45 YRS OLD NOW >>THERE IS ONE GUY WHO STARTING MAKING OR SELLING THESE IN COLLEGE AT B.Y.U HE’S CLAIMING THAT IDEA CAME FROM SWEDEN I BELIEVE HIM. MORMONS WILL STEAL YOUR IDEAS AND THE MORMON COMUNITY KNOWS THIS IF NOT ASK JIM RECTOR FROM DRY GUYS RESTORATION IN MESA AZ AND ARRON FROM ARIZONA PACK OUT NOT ALL MOMOS ARE THIEVS BUT KNOW MANY THAT DO I GIVE A COMPLETE ZERO TO HE LEFT OT HESE CLOWNS AND DENOUNCE THEM TYO SHARK TANK A THEY DESERVE TO BE CALLED OUT. GUESS SAME THING HAPPEN TO CORN TORTILLAS WHEN DORITOS WERE INVENTED

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