![]() ![]() You can find the other company updates from Season 9 Episode 5 here:ĭon’t forget to take a look at our products page! We’ve got more company updates from Shark Tank Season 9. All products are American-made and use inputs also made in the USA. Patriot award for having a veteran-run business that also employs vets. In our Kwik-Hang update research, we found that Derrek has won the U.S. You may purchase Kwik-Hang on its website or on Amazon.Īgainst the shark’s advice, this product was not licensed and Derrek still runs the business. In addition to the hangers, they now sell curtain rods themselves and also curtain holdbacks. Since appearing on Shark Tank, Kwik-Hang has been featured on The Today Show and product lines have expanded. Derrek no longer has to work as a police officer now that he has a profitable business. They have made over $8 million in the few short years since the show. He thought it was just too small of a business for him to invest in, leaving Derrek with no offers.Įven though Kwik-Hang did not receive any offers, the business has grown and is thriving at the time of our Kwik-Hang update. Robert Herjavec was moved by the story behind this product. Kevin O’Leary, the king of licensing, saw potential here but dropped out. This made her drop out.ĭaymond John didn’t feel it was a full-time gig for Derrek yet, so he dropped out. Lori Greiner thought this product should go to licensing and it would take too much work for her. As of August, 2022, lifetimes sales are over $8 million and the company is doing about $1 million a year in revenue.Mark Cuban thought what he had accomplished was impressive, but it was too early and not the product for him. In February, 2021, Derek appeared on HGTV’s Self-Made Mansions, a show where once penniless entrepreneurs search for their dream house. Derek has patents for his product, but it’s got many cheap knock-offs and he’s constantly appealing to Amazon to remove the knock off products. Now it can be found in Home Depot, Wal Mart, Amazon and many other locations. In 2018, he got distribution in over 5000 ACE Hardware Stores. In 2017, Derrek added more sizes to the line. The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Robert is the last Shark out saying Derrek’s price points are too low. Kevin echoes Lori’s licensing advice before he goes out. Daymond tells Derrek to grow the company slowly before he goes out. Lori says she thinks Derrek should license the product before going out. ![]() Mark doesn’t think it’s investable and he’s the first Shark out. ![]() When Derrek reveals his full time job as a police officer, Kevin wants to know who will run the company. Lori wants to know why there aren’t more sizes – Derrek explains that it is possible, he just wasn’t tooled up for that yet. Next, he hands out samples and the questions start. Then he hangs ten pound bags of potatoes on each bracket to demonstrate their strength. He gives his pitch and demonstrates installing the curtain rod hangers. KwikHang – The Easy Curtain Rod Holder Kwik Hang Shark Tank Recapĭerrek enters the Tank seeking $80,000 for 20% of the business. Will a Shark want to hang with Derrek and his business? Company Information Derrek probably wants a Shark’s help scaling up production capabilities. Thomas Burr patented the Kwik-Hang and bought some basic machinery to manufacture them on a small-scale. Kwik-Hang Single Curtain Rod Brackets, 1, Gold Source Double Brackets Double curtain rod brackets let you hang two layers of curtains. There are different sizes for any kind of curtain rod installation and the prices range from $7-$18. Kwik-Hang’s damage-free Single Curtain Rod Brackets are available in 5/8 or 1 widths and come in five finishes to match your home dcor. Kwik Hang is currently for sale at only 11 bucks for a pair of basic brackets. Derrek decided to continue to build on his father’s dream and try to get the Sharks to help him. Those projects failed as he battled cancer. Burr conducted 2 unsuccessful Kickstarter campaigns to get the KwikHang off the ground. The idea originated from Thomas Burr, Derrek’s father, who sadly passed away from cancer. It quickly and securely holds the brackets for curtain rods, making screws in drywall unnecessary. The product is a uniquely shaped bracket that nails into the top of the window frame. ![]() Derrek Burr seeks a Shark he can hang with when he pitches Kwik-Hang, an easy way to hang curtains, in Shark Tank episode 825. ![]()
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