ENTREPRENEUR: Lyle Schuette
PITCH: The Heat Helper
ASKING FOR: $100k for a 50% stake
BEST PART OF THE PITCH: Lyle created this product for his wife after she hurt her back. He raised their dryer up in the air so she wouldn't have to bend and also created a filter that pumps the hot dryer air into the house while doing laundry. It pays for itself within the first year. Lyle has sold 680 units through his website. He's sold them in Lowe's and Walmart in his local market.
DO THE SHARKS BITE? Daymond thought this was a great presentation, but he's out. Kevin likes Lyle a lot, but doesn't think this is going to be a huge business. Barbara is skeptical because Lyle took a break from this product when his other business took off. She's out. Robert and Mark don't want to write a check to a guy who isn't living and breathing the business. Everyone is out, but they all loved Lyle.
WANT TO KNOW MORE: Visit https://www.heat-helper.com/
New to ABC.com?