OneSole is a shoe brand that can change style and color according to the customer’s preference. Dominique McClain Barteet appeared on Shark Tank Season 2 Episode 9 and left the Shark Tank with an offer of $500,000 for 35% of her company with Daymond John. As of September 2023, the company is still in business.
How does OneSole reach this success and is still in business after Shark Tank? Let’s find out more.
What Is OneSole?
OnSole is a footwear brand that manufactures shoes that can change quickly and easily to your preferred style. It comes with a bottom part (Soles) and interchangeable tops. Also, It comes with multiple sole styles and hundreds of top options, so the customers can style it as they wish.
“Its comfort versatility, fashion freedom and travel friendliness keep the brand stand out.”
OneSole Founder
Dominique McClain Barteet is the founder and owner of OneSole. She’s from West Palm Beach, Florida. Also, she was a pharmacist and developed the product as a hobby in pharmacy.
“She turned her passion and hobby lately into a millions of dollar-worth company.”
She holds a degree in pharmacy and is always fond of fashion innovation. As a traveler, she knew the importance of the different types of shoes. After purchasing the same shoes in different colors, she realized there must be a more cost-effective way to buy new shoes.
Her decision to appear on Shark Tank turned her career path and OneSole Future to a new beginning. So, knowing what happened at the Shark Tank pitch is essential.
OneSole Shark Tank Appearance
Dominique appeared on the Shark Tank Episode 09 hoping for $500,000 in exchange for a 20% equity in her company. First, she gave a brief introduction to the product. Barbara Corcoran was so satisfied with its comforts. Also, other Sharks were impressed with her revenue.
So, Robert Herjavec offered $100,000 for 10% of the stake if three others came with $100,000 for 10% each. However, Daymond John offers $500,000 for 35% of shares while Barbara Corcoran decided to drop the deal.
Followingly, Kevin O Leary offers to buy the whole company, and Dominique turns him down. Then, Kevin Harrington and Robert Herjavec came up with a $500,000 offer for 50% of the company. Finally, Dominique accepts Daymond Jhon’s offer of $500,000 for 35% of the equity.
Read what happened to OneSole net worth update in brief here.
What Happened To OneSole After Shark Tank?
The company was valued at $4.5 million net worth and had sales in about 60 countries. Also, it was sold in several stores when it appeared in the show.
The company is still in business in 2023, and Dominique is still the owner and the CEO of OneSole company. She is working as a motivational speaker for young women entrepreneurs. Also, as the company’s popularity rose after the show, the company earned around $6 million annually.
OneSole Product Review
The product comes up with low wedge style heels, black traveler style, and black kitten heels. These shoes are highly versatile, with comfortable soles that mold to your feet as you wear them. Also, the product has received positive reviews from customers since the beginning. Everyone was happy with the massive options they had to select and the versatility.
Not only that, as the company shipped to many countries, international customers were also happy about it. However, they had some issues with returning and refunding. But as of September 2023, the company is successfully in business.
Conclusion
OneSole is a thriving business in 2023 with new designs. Founder Dominique accepted an offer of $500,000 for 35% of the business from Daymond John on Shark Tank. Now, It’s available in many country stores, and currently, she is the CEO of OneSole and motivates young women entrepreneurs in the country.
FAQs
Dominique McClain Barteet is the founder and owner of OneSole. She was a pharmacist and founded the company in 2002.
OneSole net worth is $4.5 million as of September 2023.
OneSole Shark Tank is Season 2, Episode 9.
