Treasure Chest Pets founder, Lisa Lloyd, appeared on Shark Tank in season one and is airing again on tonight’s episode. Lisa came in under capitalized and believed that she needed investment to take her business to the next level. Kevin O’Leary got out because of distribution nightmares. Kevin Harrington got out because it’s age and seasonal specific.
After the show, Jason Cocoran interviewed Lisa Lloyd about her experience and where she is now. She talks about maxing out her credit and maxing out her mortgage on her house. She noted that she got the original patent from another woman and then improved on the product, with more patents.
Lisa Lloyd has been an inventor for some time and borders on Serial Entrepreneur. At the time of this video, she discloses that the Sharks get to do their due diligence and don’t make a deal instantly. That gives the Entrepreneurs a chance to renegotiate with vendors and even entertain other investors that may make a better deal.
I haven’t been able to find where Lisa Lloyd and Treasure Chest Pets have completed the deal with Shark Tank Investors, Daymond John and Barbara Corcoran. She hasn’t spoke about that, but it seems that Lisa Lloyd has expanded her marketplace selling on several different markets including As Seen On TV, a company that Barbara Corcoran has connections with.
It would be great to visit Treasure Chest Pets and others after the show to see what each Entrepreneur went through to complete their deal. Do they end up successful or did the company fail?
Lisa Lloyd and Treasure Chest Pets should expect to see some more traffic to her site tonight, once again after the show airs as many more people watch the show that have never seen it before. Chances are, the visitors tonight making the first time airing seem like pennies!
Congratulations Lisa Lloyd on your success with Treasure Chest Pets