Shark Tank US | Nexersys Entrepreneur Wants To Change The Way People Workout

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Terry Jones is seeking $50k for a 10% stake in his company Nexersys
From Season 5 Episode 16
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About Shark Tank: The Sharks - tough, self-made, multi-millionaire and billionaire tycoons - continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream and potentially secure business deals that could make them millionaires.
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Shark Tank US | Nexersys Entrepreneur Wants To Change The Way People Workout
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Опубликовано:

19 янв 2024

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Комментарии : 143

@meowl9329 5 месяцев назад

Checked on update: sales increased by 450% as a result of the "Shark Tank effect", all debt was eliminated by the end of 2019, and 2023 revenue is 5 million. Good for him

@topshelfdustin3060 5 месяцев назад

and the sharks, that was a bad investment but not a bad company. Everyone wins

@fireeggkimpaul4758 5 месяцев назад

Thanks for the update! Glad to know that they are doing pretty well!! 😊👍 👍 👏 👏 👏

@evergreens92 5 месяцев назад

Says they delisted . NASDAQ wouldn't get near this dog dhit

@n3wt 5 месяцев назад

Lori Greiner may have been correct in her belief that Nexersys will be able to clear the hurdle of an imbalanced balance sheet and cross the finish line to success. Only time will tell whether this up and coming company has enough steam to keep going, or if one of the big names in exercise equipment will gobble it up or squash it, as Mr. Wonderful is so fond of saying, like a cockroach. As the years went by, the company was able to become profitable. All debt was eliminated by the end of 2019. They added several products including a boxing trainer and a budget priced ($295) cross fit trainer. They still sell "industrial" versions for gyms, too. The products appeared in the Netflix series Cobra Kai. As of January, 2023, annual revenue is $5 million.

@n3wt 5 месяцев назад

The Nexersys website reports that since appearing on Shark Tank, sales have increased by 450%, a possible result of the well-known "Shark Tank effect." The increase in sales has allowed the company to become profitable months before predicted. Many of the Convertible Subordinated Notes were converted to equity, reducing the debt load, and the company continues to service the debt via cash flow. The social media presence is strong, and Jones reports expanding sales into several international markets

@chuy6693 5 месяцев назад

It’s like Daymond takes joy in seeing people admitting to being in bad situations

@supperunknown 5 месяцев назад

The guy is asking them for money

@firstlast3821 5 месяцев назад

Haha exactly

@TactileTherapy 5 месяцев назад

sadomasochism was just finding its footing in the investor community the year this aired

@ramiobadi429 5 месяцев назад

Facts are facts though. This guy will be crushed soon and there is no way of sugarcoating it for him

@vladimirkondrashov7230 5 месяцев назад

That’s a good skill to have as an investor

@kyunishan2530 5 месяцев назад

Kevin is such a good sport. If any other shark was as made fun of as much as he does, they would be very petty but Mr Wonderful always laughs along people

@jcout25 5 месяцев назад

It's easy to laugh when you've got a billion dollars.

@spaceguy564 5 месяцев назад

@@jcout25mark, the billionaire, wasn’t laughing when that air freshener company had the team that beat the mavs on their product. Mark whined and dropped out.

@crashnebula7 5 месяцев назад

The hit detection is so delayed on the screen😂 This is not a video game lmao

@chalzgraffix 5 месяцев назад

Lol. Lori started so well but savaged at the end 😂

@jvttsm 5 месяцев назад

the fact that the video doesn't even allow the guy to finish his final sentence. LOL. 8:20

@traderzzz123 5 месяцев назад

Because he lost complete ownership of the company while talking so they had to cut that part off

@artlessdiamondmedia 5 месяцев назад

That's what I thought to😂😂😂😂

@SumriseHD 3 месяца назад

7:00 "I wouldn't call you the wise one" That made me laugh way too hard, I love Mark ❤

@CHAMPl982 5 месяцев назад

When he smiled assuming Laurie was about to make him an offer made me fall tf out !!😂😂🤣🤣💀💀💀💀

@savagedragon79 5 месяцев назад

You know it's edited right?

@CHAMPl982 5 месяцев назад

@@savagedragon79 you know nobody asked if it was or not right ? What isn’t edited these days ? Your point ?

@iinntthhuu 3 месяца назад

how do u not get his point bruh @@CHAMPl982

@alexandreturcotte950 5 месяцев назад

According to the company website, they went up by 450% after the episode aired. This allowed them to become profitable months earlier than predicted. Not only were they able to reduce their debt load, but they also converted many of their Convertible Subordinated Notes to equity. By the end of 2019, they had cleared all their debt, which is an incredible feat, seeing as how they weren’t even profitable when they were on the show.

@vegapreferred9344 3 месяца назад

7:50 lmaooo the nice then the truth. The thump from the FX crew

@AnimalA-Z 5 месяцев назад

Lori was right! Their sales went up by 450% after shark tank and they became profitable sooner! They also eliminated debt by 2019 and has an annual revenue of 5M with some new products!!

@oneheadlight8000 5 месяцев назад

Fake bs

@shirshabarua8992 5 месяцев назад

@@oneheadlight8000 It's not fake bs; it's true. The company had repaid its debt in 2019.

@EGarrett01 5 месяцев назад

This was just a pure lesson in business and investing.

@baxoutthebox5682 5 месяцев назад

Not really, most businesses we see on here are bootstrapped, low debt businesses. This company is like many others in the home fitness space in that they have very high debt ratios and low solvency ratios. It’s expensive to operate and scale but it is not nearly as grim as the sharks portrayed. None of them were going to invest 2m for 10% so they played it up for drama.

@EGarrett01 5 месяцев назад

@@baxoutthebox5682 Yes really. There's a lot of info about investing and business financing here.

@Vendrix86 5 месяцев назад

you have some low standards

@EGarrett01 5 месяцев назад

@@Vendrix86 A smart person can learn from what they see.

@Vendrix86 5 месяцев назад

@@EGarrett01 yes, I learned not to invest in a company that was drowning in debt to the tune of 7.5 million. If you learned anything new in this particular episode you're not very bright.

@Lisa14441 5 месяцев назад

The company is out of debt more affordable products and doing great!

@iluvhorseys95 5 месяцев назад

Did u make that up 🤔😂

@Lisa14441 5 месяцев назад

@@iluvhorseys95 Google it! They had a sales increase after the show of 450%!!

@Lisa14441 5 месяцев назад

@@iluvhorseys95 google it they have an increase at 450% after the show aired and are doing fantastic

@shirshabarua8992 5 месяцев назад

@@iluvhorseys95 He is right; the company repaid its debt in 2019 and they are doing a good job.

@Sonnchy 5 месяцев назад

A rare episode I’ve never seen before

@fireeggkimpaul4758 5 месяцев назад

That's one real-life streetfighter arcade game!!! 👍 👍 👍 😅😊

@MrMaddox57 5 месяцев назад

This guy is a manager's nightmare. Tom Sanders the character in "Disclosure," comes to mind.

@bavenraj1562 5 месяцев назад

Update: The company net worth as of 2023 is 4.2 million with an annual sales of 5 million.

@mrhumble2937 5 месяцев назад

@Vr4z1el well he's not in bankruptcy

@Nonegiven14582 5 месяцев назад

He has 20 mil valuation back on the show?

@andresavila6795 5 месяцев назад

Watching this on my lunch break

@crusoe-2654 5 месяцев назад

gut wrenching to watch

@J.J.Redick 5 месяцев назад

i miss when the show had this serious demeanor to it.

@Ohheck846 5 месяцев назад

I can tell I would suck playing it because I would hit the center of it which is the screen

@janis0085 Месяц назад

''Little balance sheet issues'' 😂

@Koop615 5 месяцев назад

Mark laying hands

@ozzyr6751 5 месяцев назад

Can someone update. This was awful. I wouldn’t invest and I’m poor

@topshelfdustin3060 5 месяцев назад

Still running and doing well and debt free. Not sure this was a smart investment but it wasn't all doom and gloom as the sharks made it out to be.

@roldanelvis2449 5 месяцев назад

Really? USA IS A great country.. did He get the famous PPP HELP BY PRESIDENT BIDEN? OR HOW HE SURVIVED!?

@loristitt65 3 месяца назад

Then WHY TALK ABOUT IT STUPID!

@loristitt65 3 месяца назад

Then why talk about it?

@roldanelvis2449 3 месяца назад

Welcome to the social media 😉

@ORDEROFTHEKNIGHTSTEMPLAR13 7 дней назад

Every man and his dog seem to have the next fandangled fitness machine

@ericfry6751 5 месяцев назад

* Hey if I had the cash to buy this product and the space all day I'd Love this!😊

@MAYBE673 5 месяцев назад

Lorie is actually gorgeous, and a beautiful smile. This is clearly an older video, because she looks different now with the botox etc

@MoonWho78 5 месяцев назад

Fix your description. He's seeking $2M for 10%, not $50K for 10%

@vicioannou 5 месяцев назад

If I were a Shark, I’d be checking the Patent on this bcs Ray Fazio has world wide Patent on his innovative invention

@robinabernathy2829 5 месяцев назад

These people got to speak with consultants or something before the show who tell them to use this sort of strategy.

@fireeggkimpaul4758 5 месяцев назад

Yes, I totally agree! Shark Tank's been around for more than decade. Just as some (criminal) lawyers make their clients go through a trial-rehearsal, they need to do a mock presentation and let actors play the part of each shark!!

@spencer9540 5 месяцев назад

Little balance sheet issues 😂

@richb1576 5 месяцев назад

7.5 million in shareholder debt. Im out.

@fireeggkimpaul4758 5 месяцев назад

i wonder how elbows, knees and kicks will have an impact on that machine?!! 😅😊

@manniefaces 5 месяцев назад

The editing is terrible.

@ahmetyildirim9477 5 месяцев назад

I will not do business with this guy From Texas? I am New Yorker!

@hugodavidcampos8975 5 месяцев назад

Crazy

@SyiedaSound 5 месяцев назад

I love this entrepeneur! He wasn't fazed on his game even when Kevin was honestly, pretty harsh on him. The product was great, in my opinon - could see a huge market for it. I'm happy to see they succeeded, dispite this adversity!

@mikelasalvia9548 5 месяцев назад

This game would be boring. For $300 you can buy an oculus with a large select of workout programs and games. The thrill of the fight blows this away and its an excellent workout.

@stevet100 5 месяцев назад

This is much better. Your not wearing a headset that can get you motion sickness. This workout forces you to move your body.

@jankyyard5610 5 месяцев назад

I think his product is better. There's major difference in seeing the npc getting beat and feeling the impact of your punches

@Onikage55 5 месяцев назад

Why was this guy even on the show? You could tell as soon as Mark heard the sales price of the unit that is was over. Plus he spent 90% of the time nodding along like "Yep I know how I screwed I am, I agree with you"

@pratikjiwane880 5 месяцев назад

The closing music. Gives goosebumps. 7:52

@johnmoirano5221 5 месяцев назад

I M O U T A G A I N 👂 👁 👃 👁 👂

@tenbootz 5 месяцев назад

Kevin is so wise that he got duped.

@robertstewart8704 5 месяцев назад

Kevin is so real and raw he should run for president one day I'm js

@Catinbox123-ne4le 5 месяцев назад

he's way too conservative.

@Eclectic999 7 дней назад

He’s also way too Canadian. Ineligible to run for President of the U.S.

@Abracadabra1111 5 месяцев назад

Entrepreneur: Who wants to beat up Mr Wonderful 😂 Mr Wonderful: I have seen the future…

@SPTV 5 месяцев назад

If you want to see more iconic scenes from Shark Tank US, SUBSCRIBE to our channel! 🦈

@BrokeTheSeal 2 месяца назад

@vicioannou 5 месяцев назад

This is a take off from Ray Fazio’s (Western Australia 🇦🇺) boxing invention

@Camaink1 5 месяцев назад

Can someone pls update about this company!!!👍

@tianathaddies4796 5 месяцев назад

We have this at my college

@fireeggkimpaul4758 5 месяцев назад

If I had 1/2 million to burn, I would not hesitate at all!! I know guys in the MMA community in East Asia(China, South Korea and Japan) who would be damn interested in this product!

@fireeggkimpaul4758 5 месяцев назад

@@tianathaddies4796For real?? Seriously??! 😃 😼 ☺ 👍 👍 👍

@Gabriel-fz4ys 5 месяцев назад

@@fireeggkimpaul4758 Did ams boxing and decades of martial arts. don't see a point for the technical integration on the pads. I'd rather put my own combinations together. I like the pad tree and want one of those, but don't see the need for the technology attached. This is more for a beginner to boxing/kickboxing/martial arts. And what beginner would buy something with such a hefty price tag that only has one application? Limited scalability on this item, and I love things like this.

@nwijesinghe 5 месяцев назад

imagine being in 700K in debt and spending 2million to be in that position.

@lv2da3 5 месяцев назад

Sir for 34.95 at GameStop I can buy an Xbox 360 kinect sports workout game. It probably has 300 times the R&D budget and 1millionth the cost to own

@shirshabarua8992 5 месяцев назад

I am glad to know that the company is doing well and the sharks were wrong.

@ianharrison7924 5 месяцев назад

Hey Sony. Can u crank up the dramatic background music a bit louder then we can all full on lip read....sigh

@JANEEL 5 месяцев назад

Hate that people need to make fun at Mr. Wonderful for laughs. If someone made fun of me, I'm not giving them money lmao

@fujikenza438 5 месяцев назад

I can't believe it Steve T*t the guy is such a party.......Please bring him back he could take Roberts place.

@chriskelly6481 5 месяцев назад

buy a playstation vr and get creed video game

@RaeBattleRapsMood 5 месяцев назад

Man this was hard to watch, dead man walking lol

@Z_Co95 5 месяцев назад

As someone who hits the heavy bag 1-2 times per week at my LA Fitness, I think this thing is awesome! If I wasn’t so cheap, I’d definitely buy one!

@fadi9799 5 месяцев назад

How younger they look.

@n3wt 5 месяцев назад

Thanks for uploading the good entertaining season s New ones all seem the same and boring no character to it

@TheSuperCoolMan122 5 месяцев назад

nexersys sounds like medication

@smoothmicra 5 месяцев назад

You know it bombed cos the sharks look so young and nobody uses this bollocks on a regular basis.

@Rob-ml3vl 5 месяцев назад

Hopefully the entrepreneur knew how Lori is before she started speaking. She has a habit of doing that. Just tell the guy you’re out.

@WhiteisrightNationwhite 5 месяцев назад

50k for a 10% stake as you say in your description is wrong.....how about he wants 2Million for 10%, that is the deal, have no clue where you got 50k for 10% LMFAOOOOOOOOOO

@moogleking 5 месяцев назад

What happened to this product is it still around or not

@pauldavis5665 5 месяцев назад

i dunno

@Iseenoobpeoples 5 месяцев назад

Looks inferior to a regular punching bag.

@americanredneck8686 5 месяцев назад

4.2 million and no making money and now we know. ZERO no Hero

@coolerplays3477 5 месяцев назад

This is a terrible idea, where the Quest 3 already being out and more VR with better passthrough AR on the way this idea is a flop unfortunately.

@petepallett4639 5 месяцев назад

Mark to Kevin: "I wouldn't say you're WISE...." SCORCH!

@mattherzberg991 5 месяцев назад

A.I.?

@vistalite 5 месяцев назад

My Wii from 10 years ago gives the same workout with stats. This product is lame.

@LordAbaddon 3 месяца назад

The score for her is terrible. Why would she do this to herself?

@smoothmicra 5 месяцев назад

Well bugger me, they have a website in 2024 so somebody is buying this expensive gimmick!

@loristitt65 3 месяца назад

Another OLD EPISODE 😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢

@hamadalfarhan2301 5 месяцев назад

Absolutely hate how insensitive some sharks (DAYMOND) are especially when a vulnerable entrepreneur isnt doing so well, goddamn it this is this person’s life. Give it to them real but leave the sarcasm and narcissistic remarks to urself

@MM-qp4pd 5 месяцев назад

Lori got plastic surgery on her face? Looks good. Not over the top

@JuanRojas956 5 месяцев назад

This is an old episode

@michaeljohndadd545 5 месяцев назад

12th comment

@beatriceowusuachaw6210 5 месяцев назад

I don't see it's influential benefit

@user-cp4ih9lw2t 5 месяцев назад

8th

@ELECTRONICMUSIC12 5 месяцев назад

What has happend to this buisness

@ahmetyildirim9477 5 месяцев назад

This is gimmick!

@likemostthings 5 месяцев назад

keeps getting worse and worse

@roldanelvis2449 5 месяцев назад

Even if I was in the states of America receiving all the stimulus checks and the tax returns and help from federal government and state government and economy much better than Europe, Africa and South America... I will not spend money 💰 on this...