Last Friday on Shark Tank was pretty exciting. Two fathers, Greg and Stephen, created an innovative product to keep student lockers organized. They own and operate LockerBones, which the product will be an instant success on Shark Tank.
Lockerbones organizers divided lockers up into storage boxes for all the necessary things a student needs in their locker. Students can customize the space for large binders and various sized books, as well as make compartments for smaller items. Vertical dividers keep folders and notebooks from bending. Shelving is recessed so your magnetic accessories can still be attached to the inside of your locker door.
The Lockerbones product was conceived the night before the first day at a brand new school, when Greg Cronin’s daughter, Ashley, put the idea of a stylish locker organizer into his mind. He took the idea and ran with it.
In the end, Robert loved the concept so much he asked Lori to go in with him on an offer of $175,000 for a 50% stake in the company. Greg and Stephen quickly accepted Robert and Lori’s deal and were overwhelmed to have Two Sharks on board. If you or anyone you know has an invention idea and needs help, please contact us at New Product Consulting.