Minnow Designs, an Australian designed children’s water shoes, was started by Lorraine Cherry-Nguyen & Stacey Fisher in 2014. As of January 2024, Minnow Designs net worth is $10 million and their annual revenue is below $5 million. 

In 2018 July, they appeared on Season 4 of Shark Tank Australia seeking 70,000 for 20% of equity valuing the company at $350K. But the Sharks were not interested in investing in Minnow Designs. The sharks were not happy with company valuation.

As of 2024 January, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.

Minnow Designs Net Worth

Net worth$10 million
Annual Sales RevenueBelow $5 million
Profits–
Lifetime sales–
InvestorNone
FoundersLorraine Cherry-Nguyen & Stacey Fisher
Employees1-25 employees

Minnow Designs Net Worth Timeline

Net Worth 2024$10 million
Net Worth 2023$9.8 million
Net Worth 2022$9.5 million
Net Worth 2021$9 million
Net worth valuation 2018 before appearing on Shark Tank  $350K

Minnow Designs Pitch on Shark Tank

Company nameMinnow Designs
ProductProtective beach shoes for kids
EpisodeSeason 04 Episode 12
Founders Lorraine Cherry-Nguyen & Stacey Fisher
Asked for$70,000 for 20% Stake
Final dealNo Deal
SharksNo Sharks
LocationNarellan, Australia

Don’t miss these product from Season 04

Minnow Designs Founders

Minnow Designs was founded by Lorraine Cherry-Nguyen & Stacey Fisher in 2014. Lorraine, a fashion designer and a marketing consultant, crossed paths in their youth, became mothers simultaneously, and ventured into business shortly after. Founders Lorraine Cherry-Nguyen and Stacey Fisher got the idea for the shoes when they saw their kids having a tough time exploring the beach without footwear. Minnow Designs’s founders, Lorraine Cherry-Nguyen & Stacey Fisher, have a net worth of 9.5 million USD as of 2024.

Key accomplishments

YearAccomplishment
2015They also attempted to enter the American market by putting 1000 pairs of shoes on Amazon, and they quickly sold out.
2018The company appeared on Shark Tank Australia Season 04.

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Minnow Designs and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

Similar Posts