19-Year-Old Beauty Entrepreneur Lands A Deal With Mark Cuban

On Friday, Tania Speaks, a 19-year-old entrepreneur, stood earlier than the Sharks on ABC’s Shark Tank, a actuality present permitting enterprise house owners to pitch potential buyers.

Mark Cuban and Kevin O’Leary, aka Mr. Wonderful, are normally essentially the most inflexible buyers to impress on the present. However, Speaks did so with unimaginable ease to the purpose she had O’Leary captivated by her Black woman magic, Meaww experiences.
Tania Speaks presents her firm to the Sharks on ABC’s Shark Tank.(Screenshot)
Speaks introduced her eponymous natural magnificence line, Tania Speaks Organic Skincare, requesting $400,000 for a ten% fairness in her model. The genesis of her firm was sparked by bullying the younger businesswoman endured by her classmates at college for her bushy eyebrows. However, she flipped the emotional ordeal into creating an eyebrow gel that helped tame her unruly brows.

The budding entrepreneur turned her bullies into paying clients who bought her magnificence elixir. Eventually, the success of the gel prompted Speaks to additional her band by together with a beard development oil, cleanser, toners, moisturizers, to call a number of.
Naked On The Go Organic Skincare Kit by way of taniaspeaks.com
Her backstory touched the Sharks, however they have been extremely impressed by her enterprise acumen. She informed them she made $1 million in gross sales final yr and made $1.4 million in gross sales this yr, netting $700,000. She revealed to the panel of buyers that she manufactured her gel for $1.50 and bought it for $26, leaving Mr. Wonderful to foretell that she can be a future Shark in the future.

Cuban, who initially backed out of creating a cope with Speaks as a result of he thought different Sharks can be higher fitted to Speaks, jumped again into negotiations together with her. He supplied to spend money on her firm for $400,000 and a 20% stake with two contingencies that she would meet his two daughters so they may be taught from her.
Speaks was flattered by Cuban’s supply and mentioned she can be joyful to satisfy his daughter. However, she did counter his supply with a 15% stake, for which he agreed and closed the deal.

“I couldn’t ask for a greater end result. Like, it was wonderful. They even mentioned I’d sit there in the future and be a Shark. Like, that’s the best praise I’ve ever had,” Speaks mentioned as she tried to brush away tears of happiness from her eyes.

Shark Tank’ Season 13 airs each Friday at 8/7c on ABC. Episodes will also be considered the following dayOn Demand, Hulu. Past seasons can be found on Amazon Prime Video and iTunes.

https://www.blackenterprise.com/entrepreneur-tania-speaks-19-lands-a-deal-with-mark-cuban/