![]() ![]() Megan soon began to send out press releases and received some quick and positive responses, including an inquiry from the hugely successful Pregnancy and Newborn magazine within 12 hours of the first release. The Hot Tot business continues to grow at a steady rate and Megan recently revealed in an interview that she believes women care more about shampoo than men, whether its due to maternal instinct or phychology, women care about the product and generally men just don’t get it. Lipstix ReMixby Jill Quillin Lipstix ReMix is the ultimate lipstick renewal system. 530.2k Followers, 78 Following, 1,495 Posts - See Instagram photos and videos from Megan Gage was seeking $50,000 for 15% equity ($333,333.33 Business Valuation) of Hot Tots Haircare Products. ![]() ![]() She asked Megan if she was flexible about changing the packaging in the future. Megan was only too happy to accept Mark’s deal, which was the only one offered to her, and he was probably the best shark for her to partner with, he shared her vision and passion for improving the safety of children. This was a businesswomen with a lot of confidence, and she was as tough as any entrepreneur seen on the show previously. What an adorable little boy! Sales increased slowly but steadily and after a year and a half she was encouraged by her husband to appear on shark tank to seek additional investment and business expertise. Gage launched Hot Tot with the help of billionaire investor Mark Cuban (of Shark Tank) as a complete children’s hair care line. Scouted for ABC’s Shark Tank within the first year of her business, Hot Tot Creator, Megan Gage gained the support of billionaire investor, Mark Cuban. Mompreneur Rockstar Interview with Megan Gage the creator of Hot Tot, a toxin free children’s hair care line. Update 2, October 3: Although no one from Shark Tank is commenting in public thus far, several of the entrepreneurs are confirming the changes. She needed help to get Hot Tot onto the shelves and recognised by customers, from there it would be plain sailing. In 2011 she got into contact with a private label manufacturer in Canada and used them to produce a small trial run of her newly developed product, which she called Hot Tot. Megan confirmed that the manufacturer had performed extensive testing on the product while it was being conceived. ![]() Gage walked away with a $75,000 check from one of show’s stars - Mark Cuban, outspoken owner of the Dallas Mavericks NBA team. Encouraged by her success so far Megan was inspired to grow the company further and set out to learn as much as possible about manufacturing and business. ‘It’s not Uncle Kevin’ Megan said, grinning wildly. Megan told him that in the previous 15 months profits had only been $20,000, although in the last week a purchase order for $7,000 had been signed with a new contact in the short-term sale flash site market. Gage left the tank not only with a new investment, but a huge leap in sales. He conceded that Mark’s offer was generous, more generous than he would have offered and he also dropped out. Megan Gage, founder of Hot Tot, who was invested in by Mark Cuban on Shark Tank, shares how her partnership has affected her business and relationships. Megan conceded that there were no real figures available, as child hair care was such a new market, but growth in child care overall was 5% annually, there would be plenty of room for new products. Read 2 reviews from the world's largest community for readers. document.getElementById("comment").setAttribute( "id", "aacda231f023996155064f7f1b646d23" ) document.getElementById("ae9a45cb14").setAttribute( "id", "comment" ) Save my name, email, and website in this browser for the next time I comment. Megan looked fairly happy at the offer initially but respectfully asked Mark if she could hear from the other sharks first before answering. Shark Tank Airing: Season 4, Episode 421 Megan Gage is the founder of Hot Tot, the first complete professional haircare line made for the unique structure of kid's strands. As he left, Christian gave the sharks a little wave, the sharks all waved back, they were impressed with Christian, but were they going to be equally as impressed with Hot Tot? He wanted to know what allergy testing had been done on Hot Tot. The so-called “biggest deal in Shark Tank history” is a TOTAL SCAM. It’s going to be a tough road just as Robert Herjavec predicted, but with Mark’s dedicated support behind the tough professional Megan, Hot Tot is likely to be a hot new salon product in the very near future. The magazine featured Hot Tot, along with photos of Christian, in August 2011, another feature appeared in March 2012 in Parenting magazine. ![]()
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