The texture changes in water: hard in cold, soft in hot. Growth Rate. detailing industry. 3M Company, Aaron is a self-made entrepreneurial success story who prides Come pitch in a confidential, private setting. According to Krause, this is when he "realized his multi-million dollar idea." ", "Scrub Daddy Is Shark Tank's Second Best-Selling Product—Here's Why", "An All-Purpose Sponge That's Better Than Your Average Scotch-Brite", https://en.wikipedia.org/w/index.php?title=Scrub_Daddy&oldid=993319245, Creative Commons Attribution-ShareAlike License, This page was last edited on 10 December 2020, at 00:28. business. Aaron Krause – Inventor, Entrepreneur & C.E.O. Scrub Daddy was invented by Aaron Krause, after quite a journey and a simply amazing story, he faced... See More. Source: Supplied. He partnered with the UK company Nifty to himself on hard work, dedication and imagination. limited to the rink and kitchen. makes a point to mentor budding entrepreneurs, and enjoys spending time and We’re selective! Aaron always had a knack for inventing things since his early childhood. continues to hold that prestigious title. The company was acquired by 3M in August 2008. Much to his parents’ dismay, he found his niche in the car Aaron Krause, the founder and CEO of Scrub Daddy, doesn't stop working until he falls asleep.After a long day in the office, he'll continue to answer emails from his phone while lying in bed. Manufacturing is now done in-house, with Scrub Daddy employing 50 people in its factory in Folcroft, Pennsylvania. 0.80% Weekly Growth. The Scrub Daddy is a smiley-faced cleaning sponge made of a high-tech polymer that can change its scrubbing texture with your water temperature. After , QVC and retail mogul, offered Krause … Aaron Krause is certainly a captain of industry in his own niche, but moving forward with Scrub Daddy was out of his comfort zone. [8] As of October 2019, the company's lifetime sales were $209 million. Entrepreneur Aaron Krause initially developed the idea behind Scrub Daddy in 2006 after his knowledge from running a car buffing pads business, Dedication to Detail, from 1992 to 2008. Knowing he was onto something special; Aaron’s new mantra Sales in the first 4 months have already reached over $100k. Meet Aaron Krause, who turned a simple idea into a million-dollar company. his company. For a humble sponge, Scrub Daddy comes from impressive beginnings, invented by American entrepreneur Aaron Krause in the early 2000s. internationally, was spotlighted in The Wall Street Journal as contender in the It becomes soft in hot water and hard in cold water. "[1][4][5], According to the company's website, Scrub Daddy, Inc. was founded in 2012 with grassroots marketing. Meet Brian Fried – Featured Speaker at The SUMMIT. You invent a Scrub Daddy and continuously keep selling out on QVC three times in a row. In 2014, Scrub Daddy was named the “Most Successful Product” in Shark Tank’s history and Suite 1, Las Vegas, NV 89146. Aaron is an accomplished entrepreneur and inventor with more than 25 half-billion-dollar sponge market. The Original Scrub Daddy was invented by Aaron Krause and a patent was applied for in 2006. With a few strokes of your keyboard and clicks of your mouse, the inventions and, On April 25th you can pitch your invention Shark Tank-style for a DEAL at Inventor Process: The SUMMIT. [10] Included in the collection are scouring pads, dual-sided sponges, sink organizers, soap dispensers and even household erasers. A Product Review will help you make an informed decision on how to proceed with your idea. In the wash of harming a business, detailer Aaron Krause produced back of buffing and cleaning cushions. Despite his busy schedule, he finds time to play and coach the Bantam A Another great achievement is an appearance in reality show entitled ‘Shark Tank.’ Net Worth of Aaron Krause: Aaron Krause … In 2012 Scrub Daddy… Use info@inventorprocess.com to contact your consultant. With A… The set was gained by 256 million in 2008. 3M did not purchase a line of sponges Krause had invented, leaving them to sit in his factory. This company facilitated him to earn excellently as an entrepreneur. There are multiple, The answer…take action when opportunity arises! As a result of continued media, marketing, and business development B ack in 2012, Aaron Krause “entered the tank” on ABC’s hit television show Shark Tank and gave one of the most successful pitches the show has seen to date. As registered by Krause, this is the point at which he knew his multi-million dollar opinion. This led to the development and patenting of a double-sided You have to go through five or six levels of buyers to get on the shelves of big box stores. You should be too. [7] Greiner then helped Scrub Daddy to be sold in retail stores such as Bed, Bath & Beyond. 3035 S. Jones Blvd. Required fields are marked *. The original product is yellow. Opportunity is here! summarized his dedication to solving problems through innovation and invention. Aaron Krause – Inventor, Entrepreneur & C.E.O. Speaker Announcement: Manufacturing & Product Launch Expert Confirmed! ... Scrub Daddy's FlexTexture technology allows for tough scrubbing when used with cold water and light scrubbing when used with warm water. Krause has two patents on its design. Krause went on Shark Tank and gained investor, Lori Greiner, Greiner’s resources, and wide reaching brand awareness. At The SUMMIT, Aaron will share with you how the Scrub Daddy came to in psychology. The Scrub Daddy sponge, a revolutionary product seen on ABC’s hit TV show, Shark Tank, and currently being developed by Aaron Krause and Lori Greiner, is a new leader in household sponges. [4], The now internationally recognized brand consists of more than 20 diverse products. Aaron Krause came into the Shark Tank looking for $100k for 10% of the business valuing it at a Cool Million Dollars. Here’s how Scrub Daddy founder and CEO Aaron Krause turned a simple idea into a multimillion-dollar company. more products. Shark Tank star Aaron Krause — the energetic inventor and founder of the bestselling sponge Scrub Daddy — has been releasing new products at a relentless clip this year.. First, there was Eraser Daddy, Scrub Daddy’s take on the famous eraser material popularized by Mr. Clean. The Early Success of Scrub Daddy Entrepreneur Aaron Krause invented the most successful product to ever appear on the reality TV show Shark Tank. Krause says the sales of his cleaning sponges have gotten a big boost as people stock up on cleaning products in the wake of the coronavirus outbreak. If approved for the Direct Submission Program™, we will establish a Course of Action Plan that will detail every step recommended for you to get your product from the garage to the shelves of the marketplace! traveling with his devoted wife and 14 -year-old twins. Aaron Krause is an accomplished entrepreneur and inventor with more than 25 years of experience in patenting and manufacturing innovative products. 3M did not purchase a line of sponges Krause had invented, leaving them to sit in his factory. Five years later, Krause used the remaining sponges to clean his dishes and lawn furniture. Aaron’s inventions have garnered the attention of numerous media Aaron and Lori Greiner at the Staples launch of Scrub Daddy. It is best known for a sponge that it manufactures, also called Scrub Daddy, that is in the shape of a smiley face.The sponge is made of a polymer that changes texture. 46,122 people like this. of Scrub Daddy, Inc. Meet Aaron, keynote speaker at Inventor Process: The SUMMIT. Get your tickets now. Meet Aaron Krause, Daddy of the Scrub Daddy, at Inventor Process: The SUMMIT on April 25th, 2020 in Las Vegas. buffing pad that solved many problems encountered in the car detailing Aaron Krause is an American businessman who is the founder of the Scrub Daddy sponges. Award for Greater Philadelphia and Scrub Daddy Inc. won Philadelphia life, how he’s built on that tremendous success, some of his exciting new innovations, best in the invention industry. On April 25th in Las Vegas you have the opportunity to Pitch to, Learn from and Network with the, Your email address will not be published. Aaron Krause’s greatest achievement till date is being a founder of Scrub Daddy. Since the 2012 season of Shark Tank, when cast member Lori Greiner offered Scrub Daddy founder Aaron Krause $200,000 for a 20% stake in the company, Scrub Daddy has sold more than 10 million sponges, reaping more than $50 million in sales and becoming Shark Tank’s most successful product ever.. Privacy Policy | Terms of Service | Disclaimer. So … Scrub Daddy Inc. Scrub Daddy creator Aaron Krause at his company's new headquarters in Folcroft, Delaware County. This is a don’t-miss conversation from one of the and what it takes to succeed. [7][11][12][13], "Ten Of The Best Businesses To Come Out Of Shark Tank", "Shark Tank: secrets behind most successful business to appear on show", "Sponge Soaks Up 'Shark Tank' Success, Sales Balloon to $18M", "Where To Buy 'Shark Tank's Scrub Daddy So You Can Help It Remain the Series' Most Successful Product", "The One Shark Tank Product Actually Worth Buying", "The Stories Behind Shark Tank's Most Successful Products Ever — and How Much They're Worth Now! “I have had a lot of success in the automotive aftermarket, but retail is a whole new thing. reinventing the company and product and relaunching as Tovi Hockey, a revolutionary Inventors, most likely there is something like your idea already! Business Journal’s Best Places to Work. 2 He then refined the pad, gained additional patents and created even He is married to his wife, Stephanie. Scrub Daddy is a cleaning tools company founded in 2012 by Aaron Krause who was a detailer by profession. Heat-compressed and dual-sided, Eraser Daddy is designed to last longer. Nonetheless. hockey stick that will forever change the game. They have twin daughters Bryce and Sophie. In September 2008, after engaging in lengthy discussions, 3M agreed to acquire Although his managerial duties often take him around the globe, he Community See All. In January 2017, Scrub Daddy's total revenues surpassed $100 million – the highest of any Shark Tank product. And it all started with a smiley-faced sponge. Your email address will not be published. [2] The following day, Greiner and Krause sold out of 42,000 sponges in under seven minutes on QVC. 90 million did not buy a line of wipes Krause had designed, willing them to sit in his industrial tools. of Scrub Daddy, Inc. Meet Aaron, keynote speaker at Inventor Process: The SUMMIT. After five years, Krause employed the rest may the wipes to clean his vessels and yard furniture. household brand. Krause is the inventor of Scrub Daddy, a kitchen sponge, and also Shark Tank's greatest success story. The company was acquired by 3M in August 2008. Team for the Jaguars Youth Ice Hockey organization at The Igloo in Mt Laurel, According to Krause, this is when he "realized his multi-million dollar idea. But Aaron’s innovation isn’t practical and fashionable. Aaron Krause Daddy of the Scrub Daddy Entrepreneur and Inventor. Like many entrepreneurs, Aaron Krause’s story is one of humble beginnings, starting in the 90s with a … years of experience in patenting and manufacturing innovative products. After burying himself under the covers, Krause remembers longing to be able to turn his overhead light off. serves as a manufacturing consultant and appears regularly on QVC. The smiley-faced sponge has eyes that grip fingers and a mouth that cleans both sides … Aaron Krause, founder of sponge company Scrub Daddy, has seen massive success since landing an investment on ABC's "Shark Tank" in 2012. What do you need to do to succeed with your invention? Aaron … products in major big-box retailers and acquisitions by such industry giants as Since then, Aaron and Lori have sold tens of millions of smiling sponges to well-known retailers including QVC, Bed Bath & Beyond, Wal-Mart, Target, Kroger, Home Depot, Lowe’s, Ace Hardware, Giant, Walgreen’s and Amazon. After successfully pitching the sharks, Aaron received a capital infusion from prolific inventor and celebrity mogul Lori Greiner. Scrub Daddy offers an extensive variety of non-toxic, scratch-free products for all your cleaning needs. Additionally, he’s starting four new companies, It was at this point Aaron realized Scrub Daddy needed to be its own entity and separated the product and patent IAP. Scrub Daddy Executive Team (1) Update this profile Name Title Board Seat Contact Info; Aaron Krause: Founder, President & Chief Executive Officer: To view Scrub Daddy’s complete executive team members history, request access » Scrub Daddy Signals. When Aaron Krause was young, he often stayed up late reading in bed. [1] As of 2019, Scrub Daddy had the highest revenue of any product successfully pitched on the ABC reality show Shark Tank. efforts, Scrub Daddy is racing towards $200 Million in retail sales since the Shark Tank appearance and continues to gain recognition as a Every month we receive hundreds of ‘million dollar ideas.’ Our goal is to find a few to work with. Scrub Daddy founder Aaron Krause in his warehouse. The write-up caught the eye of an independent broker whose mission, he declared, was to book Scrub Daddy’s first live QVC show. 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