“Noggin Boss Hats” featured on Shark Tank USA in March 2022. It was founded by Gabe Cooper and Sean Starner.
Noggin Boss Hats’ net worth in 2022
Here is an update on Noggin Boss Hats’s net worth so far.
|Noggin Boss Hats’s Net worth before appearing on Shark Tank||200,000 USD|
|Noggin Boss Hats’s Current Net worth (2022)||380,000 USD|
Noggin Boss Hats’s founders Gabe Cooper and Sean Starner have a net worth of 300,000 USD as of 2022.
What are Noggin Boss Hats?
Noggin boss is a specially designed baseball hat for those who are. The Noggin boss hat is an excellent idea among the various strategies to stand out in a crowd.
The massively oversized cap is not just for a sport but anything that the cheering or team spirit needed to be grown with an identical uniformity.
The addition of a logo and color are the things allowed by the manufacturer. The founders of this idea introduced the product at the Waste Management Phoenix Open.
Who Is The Founder Of Noggin Boss Hats?
Gabe Cooper and Sean Starner are the founders of the idea of making something that may bring some sports fans to stand out. The idea of producing a special and unique hat came to their minds as high school athletes.
The 2021 NFL Draft in Cleveland, Phoenix Suns, and some Arizonian sports teams were a few of their successful moments up to date. The founders are trying to make this a trend and want every Arizona team to wear their hats.
What Happened At The Shark Tank
Both friends had wanted to sell their 25% equity for a capital of $50,000. They stepped onto the SharkTank stage with the expectation of improving their physical capability to provide the services.
It was not necessary to emphasize their matter or prove who they were. The sharks had an understanding about their hat already. Both duos did an impressive explanation regarding their status regarding the Noggin boss hats.
Among every participant in Shark Tank, it was this duo who funnily performed. Finally, a deal was cut and finalized with Daymond John. He had agreed to contribute to the company with $50,000 in 30% of the shares.
Noggin Boss Hats SHARK TANK UPDATE
The problem they had was the inability to expand their business as they started losing sales. The lack of capital was the main reason for that. More importantly, that is why they were in Shark Tank.
There were issues such as licensing their product and being more educated about their careers with stability. The founders found answers for this project after taking part in Shark Tank.
They not only overcame the licensing issues but gave their contribution to giants in Arizona such as The Arizona Cardinal and NBA’s Phoenix Suns.
Gabe Cooper and Sean Starner have been able to make their product a financial and sensitive brand due to their committed work in supporting athletes and coaches in Arizona. The two partners had an income of $30,000 after three months in the business.
The Noggin Boss operations have been moved to Canyon Ventures, and the production is going through that premises. But Social media (Instagram & Twitter) is not growing as quickly as they thought.
Also read: What happened to the Foam party hats after the shark tank
Competitors Of Noggin Boss Hats
Noggin boss has lots of competitors at present. HFG HelloFresh, EVD CTS Eventim AG & Co. KGaA, NYC, and Red Sox are some of the competitors of Noggin boss hats.