Entrepreneurs Nicholas George and Kevin Mac appeared on Shark Tank Season 15 to pitch their product, Tik Pik, a unique guitar pick. It provides a better grip on the fingertips and sticks to the guitar, ensuring it doesn’t get lost.
Did any of the Sharks invest in their business, especially Mr. Wonderful, who is known to be a guitar lover and has invested in several guitar companies? Let’s find out what happened to this business and its current status.
| Company Name | Tik Pik | |
| Founder/Co-Founder | Nicholas George and Kevin Mac | |
| Founded | 2022 | |
| Product | Guitar Picks | |
| Asked For | $75k for 10% equity | |
| Final Deal | $75k for 16% equity | |
| Shark | Mark Cuban | |
| Episode | S15 E6 | |
| Air Date | Nov 3rd, 2023 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Jacksonville, Texas, United States | |
| Annual (Revenue) | $0.2 Million *estimated | |
| Worth / Valuation | $750,000 | |
| Buy and Watch | Buy Now | Amazon Prime |
What Is the Background of The Founder?
Nicholas George and Kevin Mac founded their company in 2022. Kevin is a professional musician who has worked with several hip-hop artists in Virginia Beach. He is currently the CEO of MaC Music Group, LLC, and also the founder of Elsie Marshall “Shotgun Granny” Whiskey Company.
Nicholas’s father, The Barefoot Man, is a professional singer and songwriter. During the COVID-19 pandemic, while Nicholas was working on an album at his daughter’s request, he met Kevin. Along with three other members, they started the Tik Pik business. The company has a total of five members.
Business Pitch Episode Recap
George and Mac asked the Sharks for $75,000 in exchange for 10% equity in their company. They explained their Tik Pik product while playing the guitar and singing for the Sharks. Since Mr. Wonderful (Kevin O’Leary) is a skilled guitarist, they invited him to test the product.
Mac highlighted that the grip of the Tik Pik is designed to stay firm on the fingertips, and even if it falls into the dirt, it can easily be cleaned with just water, making it highly convenient for musicians.
George revealed that his business has a total of 5 partners. The company began sales in October 2022 and, over 8 months, generated $60,000 in sales. The landed cost for 6 Tik Piks is $2.44, with a wholesale price of $15 and a retail price of $29.95. George estimated that by the end of 2023, total sales would reach $120,000, with an expected profit of $20,000.
Mark Cuban showed interest in the business and offered $75,000 for 16% equity in the company. His offer came with a 5-second countdown, prompting George and Mac to quickly accept the deal.
Sharks Offers list!
| Sharks | Offers |
|---|---|
| Robert Herjavec | No Offer |
| Kevin O’Leary | No Offer |
| Mark Cuban | $75k for 16% equity |
| Daymond John | No Offer |
| Lori Greiner | No Offer |
| Founder’s (Countered) | No Counter |
| Final Deals | $75k for 16% equity |
Tik Pik Shark Tank Update
After the episode aired, Tik Pik saw a significant boost in sales. The product’s availability on Amazon also contributed to a noticeable increase in sales.
During our research on the company, we found out that co-founder Kevin Mac started a whiskey brand named Elsie Marshall, which is named after his grandmother.
In Shark Tank Season 16, Episode 6, the progress segment of Tik Pik was revealed. Nicholas George and Kevin Mac shared that after securing a deal with Mark Cuban, they signed a major deal with the music instrument company Guitar Center.
As a result, their product became available in over 300 Guitar Center stores nationwide. They are now manufacturing their product in the United States instead of China.
Before appearing on Shark Tank, the company’s sales were $60,000. However, after the deal with Mark Cuban, their lifetime sales reached $700,000 in less than a year.
Check out Shark Tank Season 15 Business Update.
You can see some businesses from Season 15 here.
