Two Guys Bow Ties is a brand that redefined men’s accessories by crafting unique, handcrafted wooden bow ties. Founded by Adam Teague and Tim Paslay, the company gained national attention after appearing on Shark Tank. But how has the business fared since then? What is Two Guys Bow Ties’ net worth today? Let’s dive into their journey, their deal with Shark Tank investors, and the financial success they’ve achieved post-show.
Who’s Behind Two Guys Bow Ties?
Adam Teague and Tim Paslay, the creative minds behind Two Guys Bow Ties, were inspired to innovate men’s fashion. With backgrounds in craftsmanship and woodworking, they saw an opportunity to create high-end, stylish bow ties made from exotic hardwoods like Peruvian walnut and African zebrawood. Their attention to detail and customization options set them apart in the market.
The Shark Tank Pitch: A High-Stakes Negotiation
When Teague and Paslay entered the Shark Tank, they sought $150,000 for 10% equity in their company. The Sharks were immediately intrigued by the craftsmanship and originality of the product. Sales figures were impressive, with $407,000 in the previous year and nearly $1 million in total sales since launching.
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Damon John and guest Shark Troy Carter made an offer of $150,000 for 30% equity. The founders countered with $150,000 for 17.5% equity and a 10% royalty until the investment was repaid. Damon quickly accepted the counteroffer, making the deal official.
Two Guys Bow Ties Pitch on Shark Tank (Quick Info Card)
| Two Guys Bow Ties’ Current Net Worth (2025) | 3.5 Million USD |
| Episode | Season 7 Episode 3 |
| Company name | Two Guys Bow Ties |
| Product | Bow Ties, Lapels, and Accessories Made Out Of Wood |
| Founder | Adam Teague And Tim Paslay |
| Asked for | $150,000 For 10% Equity |
| Final deal | $150,000 For 17.5% + 10% Percent Royalty Until $150,000 Is Repaid |
| Shark | Daymond John |
| Business status | In Business |
| Location | Tulsa, Oklahoma, United States |
What Happened After Shark Tank?
Following their Shark Tank appearance, Two Guys Bow Ties saw an immediate surge in sales, with their website traffic skyrocketing. The company expanded its product line beyond bow ties to include wooden lapel pins, pocket squares, and fedoras. Celebrities like NBA star Mike Conley wore their bow ties, further increasing brand exposure.
However, despite the Shark Tank deal, reports suggest the agreement with Damon John never fully materialized. While Two Guys Bow Ties still grew, the partnership with John did not play as significant a role in their expansion as expected.
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How Much Is Two Guys Bow Ties Worth Today?
As of 2025, Two Guys Bow Ties’ estimated net worth is around $2 million. The company continues to sell online and in specialty stores, maintaining a niche market for high-end, handcrafted men’s accessories.
While the company initially thrived, it faced challenges in scaling production and maintaining exclusivity. The wooden bow tie industry remains niche, limiting mass-market appeal. However, the brand has remained resilient by focusing on quality and customization.
How Much Did Damon John Earn from Two Guys Bow Ties?
Since the Shark Tank deal reportedly did not finalize, Damon John did not earn direct profits from the company. However, his association with the brand likely contributed to increased visibility.
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Final Thoughts: A Shark Tank Success with a Twist
Two Guys Bow Ties remains a standout Shark Tank brand, proving that innovation in fashion can still capture consumer interest. While the company did not fully capitalize on its Shark Tank deal, it continues to thrive in its niche market. The story of Two Guys Bow Ties is a testament to the power of creative branding and entrepreneurial resilience.
