Hot Tot Haircare Update – The Stunning Megan Gage – Season 4 Episode 12

Follow Your Heart, That’s What Megan Does!

Hot Tot Hair Care was still in its infancy when Megan Gage entered the Shark Tank.  Megan was determined to first and foremost “Do No Harm” when she went on the tank, but was concerned that she would embarrass her brand, her family, and all those that believed in her and had encouraged her to pursue this dream.

Megan’s favorite quote:  “Make passion your master, allow possibility to feed your soul”

Megan shares some fascinating details regarding the growth of Hot Tot and the amazing things that are happening in her life and business as a result of partnering with Mark Cuban.  She also shares very helpful advice for anyone looking to go on Shark Tank OR starting out in the business world.

Jump IN!

THE DEAL: Mark Cuban with 75k for 40%

Episode 412 – Aired 01/03/2013

Right Click Here to Download the MP3

Session 47 is sponsored by:

Jason Bond Picks ad

He talks about how to build a 7 figure in business in 2 years by teaching others how to free themselves.

Check out his session HERE!

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Enjoy!

In this episode you will hear:

  • Why did Megan spend so many years training as a career in social work only to switch to child hair care products?
  • When people stop and take notice of what you do, that’s a light-bulb moment.
  • Why none of the Big Box stores that called her about Hot Tot after the show were not a fit
  • Why American Crew is a great business role model for  Hot Tot & the potential in the market
  • Why Megan stood up for Mr. Wonderful and disagreed with Lori in the tank
  • Why Hot Tot smells like a cabbage patch doll
  • Megan’s primary objective was to do no harm
  • WHAT HAS MARK CUBAN DONE TO HELP THE BRAND? (Hint: quite a bit)
  • Why it pays (literally) to bring a kid with you on set
  • Plus a whole lot more…

The Shark Tank Effect:

  • Megan has blown up over the last year and has a huge update coming in season 5 for Hot Tot
  • More sales in the first month from Shark Tank than in their entire history prior
  • First professional kids hair care line to be involved heavily in the fashion industry

Shark Wisdom (Takeaways)

  • Everyone wants to be CEO of someone else’s company – TRUST YOUR GUT
  • Follow your heart – that’s what Megan does
  • Pick your horse and ride it out.  Megan really struggled with the direction she wanted to take once the offers started coming in

Megan’s favorite read


Items/People we talked about during the session: (Should you get to know them??)

Party online with Megan:

@HotTotHaircare

shark tank

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If you have any suggestions don’t hesitate to drop me a line via the voicemail button, email (TJ {AT} Sharktankpodcast {DOT} net), or twitter.

Until Next Time…Bu-Bye!

TJ

 

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About the Author

TJ Hale

TJ Hale

TJ Hale is host of the popular "Shark Tank Podcast" where he interviews entrepreneurs from the show, casting directors and producers, the SHARKS themselves, and also real-life entrepreneurs. TJ is married with two sons. When he's not consulting entreprneurs or rubbing shoulders with Sharks, he's often spending time with family or practicing to one day become the Phoenix Suns mascot, the Suns Gorilla - no, seriously, click here, here, or here to check that out. To learn more about TJ, or to connect with him on social media, head over to the about page or click here.

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