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This Entrepreneur Receives $150K On Shark Tank For His Idea To Plug Holes

23 Mar 2025 · 1 min

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0:47

In this brief Shark Tank clip, the entrepreneur demonstrates a hole‑plugging product that uses a disc, a frame, and a special compound to seal holes. The pitch emphasizes the simplicity of the process—no skill or mess required—and promises a finished result within 24–48 hours. The investor offers $150,000 with no equity in exchange for exclusive worldwide distribution rights, proposing to purchase the product at a $2 wholesale price and resell it globally. The negotiation ends with both parties confirming the deal enthusiastically.

Chapters

First, you need a hole. Now, in order to fix that hole, first, like any good surgeon, let us prepare the surface. Now take your disc and place it over your hole. Take your frame with your special compound and place it over the disc. Press and spread to desired smoothness. Done. In 24 to 48 hours, it will look like this. No skills and no mess. I'd like to make you an interesting I'll give you the $150,000, no equity.
You give me exclusive rights for this product. Let's say you're selling at $2. I'll buy it at $2 from you and sell it to the rest of the world. Let's do it. Yes! Deal. Yes! Can I get a yes? Thank you so much.