3 Ingenious Mobile Phone Tech Ideas Featured in Shark Tank
Shark Tank is one of the most innovative reality shows to ever hit prime time. It offers start-up, thriving and desperate companies an entrepreneurial boost to see a brighter day for their business. Since its first airing in 2009, the show has featured hundreds of business ideas, and has created a bunch of millionaire entrepreneurs.
The most dynamic pitches to make their way on the “Shark Tank Rug” are the technologically creative business presentations. The show’s panel of investors have received and heard great innovations from great minds for the past 7 seasons. They have also been the audience to pitches that would not have been worth their time. In any case, the tank has been a source of inspiration to the growing technological trends of the 21st century.
With the growing demand to improve the life of the mobile and digital world, applications and hardware accessories to mobile devices have been constantly changing to meet the demands for a better solution. When solution meets the problem head on, a business is born. It is just like having a vending machine available for rental to those who want to provide people a quick snack at the next bus stop. The business potential is overflowing.
Shark Tank has a fair share of optimal solutions to various needs in the modern man’s mobile gadgets. Here are 3 of the most promising mobile tech ideas that will make you dive into the tank of the new era.
Cycloramic Will Give You a Whole New Perspective
Photography has been part of the technological bandwagon ever since the first photo was taken. Polaroid, SLRs, digital cameras and Instagram are part of the photography culture that has made people crave more advancement in the world of lights and images. It is just but fitting to create a whole new perspective to how people see the world and how they can capture its beauty.
Then comes the tank showcasing Cycloramic.
What is the Cycloramic?
Cycloramic is a mobile phone application that creates panoramic photos by “stitching” multiple images taken by the phone. Invented by Bruno Francois, the application has a unique feature that taps into the mobile phones vibration system to independently take timed photos for the final output. Currently sold in iTunes for $1.99, this fun and amazing app has reached more than 8 million downloads since it was featured in the show.
During the show, the mobile app sold for $0.99. At an impressive 600,000 initial downloads, the application was already snowballing even before it appeared in the program. Francois sees the mobile app as a fun photo application but banks on its future application as perfect gaming add-on. He also sees the eventual need for a hardware that could replicate the “spinning process” of an Apple phone for other models.
What Happened in Shark Tank?
Francois walked onto the rug with a simple set-up to present his sales pitch to the 5 Sharks. With a medium-size screen and poster, he introduced his Cycloramic and demonstrated the app itself. In seconds, he took a panoramic image of the investors, amazing them and brewing their interest. Lori Greiner, one of the lady Sharks, inquired about the “base” for the phone to work. The inventor exclaimed that the phone was the one spinning…on its own!
With the Sharks clearing the air with all their inquiries on how the application works, the feeding frenzy began. Offers range from $200,000 for 10% of the equity to a fixed 15% royalty on the product. With Francois’ initial valuation at $90,000 for 5%, he swam with the Sharks, and eventually scored a deal from Tech Mogul Mark Cuban and Greiner for $500,000 at 15% equity of the company.
Where is the Cycloramic Now?
The success of the application has brought about other innovations in the line of Cycloramic. One of Francois‘ latest offerings is a new app called Selfie 360. By the name itself, the app creates panoramic selfies! The app downloads are currently piling up together with the growing demand from the social media community for a more unique selfie experience.
Aside from still imaging technologies, the inventor has his eye on a floating iPhone pod for an innovative chatting experience on Facetime. According to Francois, the gadget has the ability to “rotate and follow you.” This gives a more surreal interaction as the person on the other end (of the internet conversation) has the ability to control what they see. Though it’s still in the process of perfecting its technology, the company has a lot of other concepts underway for the selfie world to enjoy.
Breathometer – The App That Will Take Your Breath Away
“There is no replacement for good judgement.” A fitting statement to increase the awareness against DUI, and help prevent the world’s drunk driving-related accidents in the process.
Safety is one of the keys to improving the life of a modern day man. With the consistent increase of DUI cases and related incidents, there is a huge need to increase the awareness and improve the eradication counts of different countries. The world’s actions towards this issue can mean saving the life of another who is innocent.
This is the perfect picture Charles Michael Yim, CEO of Breathometer, wants to paint one breath at a time.
What is the Product?
Breathometer is a complete digital breathalyzer system that can help an individual gauge his or her alcohol levels at any given time using their mobile phone. The system includes an app that can read the alcohol level in the air blown into the breathalyzer device plugged into the mobile phone. Its compact design gives a hassle-free experience to keep this safety tool handy.
This mobile-app based breathalyzer has been sold for $49.99 since 2013, where 4,000 units were mobilized since its inception until it was featured in Shark Tank. Today, Yim manufactures and sells 4,000+ units per week to meet the rapidly increasing demands in the market.
What Happened in Shark Tank?
Yim started his presentation by offering the Sharks champagne to wish his pitch good luck. With everyone all fizzled up, Yim introduced Breathometer – the world’s first smartphone breathalyzer.
He demonstrated how the device works with Greiner as the “breath model.” With the easy-to-use device, they were able to read Greiner’s alcohol level within seconds.
Seeing the huge opportunity in the product, Cuban jumped into action with a $500,000 offer for 20% stake in Yim’s company. This riled up everyone as all Sharks were all giddy to join in the frenzy. Collaboration after collaboration, all 5 Sharks joined forces to give the Silicon Valley veteran the whole $1Million he needs to fund the innovative product. This marks the Shark Tank’s first $1Million deal in exchange for a 30% equity trade off with Breathometer.
Where is it Now?
Breathometer has evolved since it aired in 2013. Just like any other companies who walked on the Shark Tank Rug, the company’s sales performance gets a dramatic increase on top of an out-of-this-world boost in the campaign funds. Considering the growth path of a smartphone breathalyzer, Breathometer eventually holds the technological momentum and goes for the health application of the product.
Mint, the branch of Breathalyzer that focuses on the medical opportunities of the technology, has also been gaining popularity. It monitors an individual’s oral health, and helps detect any health problems associated with the results from “breath reading.” Mint is the realization of a plan that was shared by Yim during his pitch in the show when Shark Robert Herjavec jokingly inquired about bad breath.
Phonesoap Will Make a Cleaner You
Cleanliness is seated beside godliness. An old saying that has been given a new twist by Shark Tank.
Since the new age is all about keeping technology on the go, mobile devices have been in the limelight in various innovations and advancements. One of the unique perspectives that modern day inventors are putting their mind into is its cleanliness and its correlation to human health. Based on studies, mobile devices may be one of the dirtiest things a person can touch…on a day to day basis!
Wesley LaPorte and Daniel Barnes light the path towards the latest way in keeping mobile gadgets as sanitary as they should be. Welcome Phonesoap.
What is Phonesoap?
Phonesoap is sanitizing device that keeps every mobile device healthy clean and free from harmful bacteria it will most definitely hold. Also designed as an enclosed charger, Phonesoap uses UV light to kill 99.99% of the bacteria that it will gather from its daily use. According to the innovators’ research, 1 in every 6 mobile phones have fecal matter on them. Disgusting but surprisingly accurate.
Since the launch of the product, the owners have already generated more than half a million dollars in sales. The numbers are indeed impressive, even shocking Sharks during the tandem innovator’s sales pitch. Undeniably marketable, Phonesoap has proven that the market sees it as more than just a niche product.
What Happened in Shark Tank?
Cousins and business partners, LaPorte and Barnes walked up in front of the Sharks with a sense of quirkiness and determination. They gave undeniable statistics on the cleanliness of mobile devices. This stirred the curiosity of most of the show’s investors. They eventually presented Phonesoap as a solution to the growing sanitation concern of a modern day techie. Almost at the verge of being unceremoniously rejected, they provided their sales numbers, putting a different twist in the game.
Herjavec, Kevin O’Leary, and Barbara Corcoran failed to see the need for the product and its potential in the market. They tapped out from the feeding frenzy, leaving Cuban and Greiner to fight for the right on equity. After a fierce competition over sales strategies and sales force strength, the queen of QVC ultimately won the right for the sanitation device, getting 10% of the company at $300,000.
Where is Phonesoap Now?
Phonesoap has been in different marketing and sales outlets since its commercialization in Shark Tank. On their own, they are able to set a hefty deal in 400 Staples stores to commission a sizable number of units sold. To date, they have their own online store, promote a wholesale distribution plan, and are a mainstay in QVC as a means to reach millions of potential buyers.
LaPorte and Barnes are also expanding their product line by creating more flexible and diverse products. Their market is growing, especially in the commercial field. Just like Cuban’s idea of tapping hospitals as huge clients, the Phonesoap owners are making their steps in branching out to medical facilities and educational institutions.
Shark Tank packs a lot of punch in the field of technology and business. There is no doubt that modern man will see more future innovators as long as the world creates a platform for them to be heard.
Let the desire to provide better solutions to man’s needs be the driving force of the next innovator.
Smart phones are brilliant machines — they keep us connected, informed, and up-to-date. Smartphones are our source of GPS on the road, music at the gym, and communication (of massive amounts) at all times. How else would we text our friends “Here,” if we didn’t have a smartphone?
They’re a delicate piece of technology, even though they’re not always treated that way. But once something happens to our precious device, we have no choice but to run out and spend another $600 on a new one or run out and beg our carriers for a solution. (Let’s hope you backed up your data too!)
Don’t treat your phone poorly just because you just assume you’re going to get the next upgrade in a year or so. (Imagine if we did that with cars.) To ensure you’re getting the most bang for your buck, you can protect your smartphone and extend its life with just a few simple safety precautions and a couple of proper investments. Avoid the cost and inconvenience of a damaged smartphone by following ten ways to extend the life of your smartphone.
- Invest in a Case
As expensive as some cases are, it’s worth the investment. (Your cellphone is more expensive!) No case is going to prevent every possible type of damage, but purchasing a very sturdy case will give you the best odds of steering clear of a costly, upsetting, and just plain frustrating accident. (Regardless of whether or not you tend to drop your phone easily shouldn’t dissuade you from buying a quality case.)
As an added bonus, a sturdy case will add an extra layer of protection to the phone’s screen.
- Please, Turn Off Your Cell Phones
Sounds like you’re at the movies, right? When you’re asleep at night, your smartphone wants to be too. As a bare minimum suggest, shut your smartphone off at least once a week for thirty minutes. By doing this, you’ll ensure that caches are cleared and subsystems are properly restarted. (Remember, our phones do need some time off too, just like we do.)
Shutting down your phone once a week will aid with the longevity of the RAM on the device and also allow certain diagnostics to be run at boot.
But you’re not going to miss your cellphone when you’re catching up on some Zzz’s anyway (and who wants to be woken up by the sound of a text message at 2 in the morning anyway?)
- Back It Up
Whether you’re a student backing up your senior project on your computer with a Sandisk or a bookkeeper backing up a small business’ documents on Xero software, you know how important it is to have your information backed up.
As individual and business users alike, we depend heavily on our smartphones to keep contacts, pictures, notes, browsing history, and files intact on our phone, and one little incident with our phones can complete erase all your important data.
Cloud storage is one of the best ways to ensure that your phone never becomes stuffed with too much data. This will allow you to run a well-running device and also minimize the risk of data loss if something does end up going wrong.
Be sure to take advantage of any free cloud storage that comes with your smartphone and perform backups on a regular basis for achieving the best results.
- Install Anti-Malware
If you thought malware was just for desktops, think again. In fact, the threat of malware could do even worse damage on a smartphone than a computer.
Smartphone malware can track your location (no matter where you are) and snatch some highly sensitive data. Viruses come from malicious apps, so avoid downloading anything that seems suspicious, especially when it asks for personal information. It is imperative that you use caution when installing apps on your smartphone, and installing a protective app app like Malwarebytes to help your phone remain as protected as possible is highly recommended.
If you have an iPhone, the only way to get rid of a virus is by resetting your iPhone. If you have an Android, you need to put your phone into safe mode to delete the app.
- Don’t Expose Your Device to The Harsh Elements
Both heat and cold can wreak havoc on your smartphone. If you happen to leave your phone in the car during a scorching summer day or a freezing winter night, you may need to return to your carrier for a replacement.
Heat is actually worse for your phone, and at 113 degrees Fahrenheit, your device will be adversely affected.
- If You’re Not Going to Use it, Lose It
We all probably have old apps, games, and files on our phones which we don’t have use for anymore. Instead of letting these apps cause some serious lag times for us, delete them!
In many cases, this happens because the storage and RAM capabilities of the smartphone are being maxed out which makes your phone much less responsive.
To avoid any unnecessary issues, make sure to consistently remove any apps that you don’t actually need anymore. You can also delete photos, documents and text messages which may be causing your responsive issues as well.
- Keep it Away From Water
This may seem obvious, but you can’t always predict even the smallest drizzle of rain (which may even turn into a torrential downpour). Or, accidentally dropping your phone in the sink or another source of water. Many of us have been there, done that. Smartphones are extremely sensitive to liquid, and a few drops can cause extreme damage.
If you take your phone with you when going running, playing an active sport, or by the beach, purchase a waterproof phone. (And if it’s hot out, make sure your phone won’t overheat!)
In case your phone gets wet, leave it in a bowl of dry rice to remove the liquid and save its life.
- Put it in a bag — not your pocket
As simple as it seems to slip your smartphone in your jeans pocket when you’re on the go, it can actually snap in half if your pants don’t have enough spandex in the fabric. If your pockets are also too small and the phone can’t fit completely in your pocket, you’re putting your phone at great risk of falling out and dropping to the floor.
Also, keeping your phone in your pocket can put you at risk to radiation exposure, so it’s recommended to be kept in a bag or holster, not your pocket .
- Use Caution At All Times
Just as spammers hack into computers, they can hack into your phone too (and your smartphone isn’t smart enough to protect you all the time). If your phone falls into the wrong hands of someone (or someone gets ahold of your banking information/personal accounts), you can find yourself in some malicious situations.
A general rule of thumb is don’t be naive. Anything that appears even the slightly bit suspicious, whether it’s an unknown number calling you (the “IRS” during tax season), questionable text messages, emails, or spammy-looking web links, avoid them all cost.
Scammers are targeting smartphone users, and they can do this by spoofing a message, call, or email request to you to obtain personal details about yourself which you shouldn’t be tricked into believing.
- If You Decide to Upgrade, Wipe Your Old Gadget Before You Sell, Donate, or Recycle
Eventually, there does come a time when we need to upgrade our phones. For ultimate security and protection, make sure to wipe your old phone before you sell or recycle it. You definitely don’t want the information on your phone getting into the wrong hands.
You may have deleted your apps and files when trying to clear up some memory, but that is not enough. It’s not enough just to delete apps, files, photos, and videos, as hackers can easily recover deleted information. You’ll need to wipe your phone’s internal memory so that no trace of personal information is left behind.
Wiping your gadget only takes a few minutes, and it is 100% worth the effort. You treated your phone so well when you used it to extend its life, but don’t let your efforts go to waste!