TIK PIK Guitar Picks, an enchanted guitar pick that sticks to the guitar, founded by Nicholas George and Kevin MaC, telecasted Shark Tank USA in 2023 on Season 15. The founders were seeking $75,000 for 10% equity for their business. However, they secured a deal with Mark Cuban, which was $75,000 for 16% equity. In this article, we will explore TIK PIK Guitar Picks Net Worth in 2024, its Shark Tank pitch summary and more.
TIK PIK Guitar Picks Net Worth
As of August 2024, TIK PIK Guitar Picks’s net worth is $500K, and its annual revenue was $120,000 in 2023.
| Net worth | $500K |
| Annual Sales Revenue | $120,000 (2023) |
| Profits | $20,000 (2023) |
| Lifetime sales | $60,000 (As of 2023 November) |
| Employees | 5-10 employees |
TIK PIK Guitar Picks Net Worth Timeline
| Net Worth 2024 | $500K |
| Net Worth 2023 | $500K |
Shark Tank TIK PIK Guitar Picks Update from Season 15
Nicholas George and Kevin MaC entered the Shark Tank, looking for $75,000 in exchange for 10% equity, valuing the company at $750K. They started their presentation with a catchy song about their particular guitar picks sticking to guitars. Kevin O’Leary joined in during the pitch, playing an electric guitar with them.
Tik Pik is an exciting new product that impresses both the Sharks and musicians. These guitar picks stick to your guitar without using chemicals, adhesives, or leaving a mess. Guitarists often struggle to keep their picks in place during performances, but Tik Pik solves this problem with a non-slip grip that stays secure while playing.
This innovative pick is a real breakthrough for musicians, showing how creativity leads to simple yet powerful solutions. Tik Pik will shake up the music accessory market by offering an effective fix for a common issue.
Kevin pointed out that the pick has a unique silicone grip, and Kevin MaC, a professional musician and co-founder, agreed with him. Then, Daymond John asked Kevin MaC about his background, and Kevin MaC shared that he had an exciting story. He started his career in Virginia Beach and has worked with many hip-hop artists, including Timberland and Missy Elliot.
He further explained that a well-known producer discovered him and offered him a deal, which prompted him to move to Nashville. Through this producer, he met Nicholas. Then Nicholas, another co-founder, mentioned that he grew up in the Cayman Islands and is the son of a famous musician known as ‘The Barefoot Man.’ At that moment, Mark Cuban was amazed because his wife is a big fan of Nicholas’s father.
There, Kevin MaC mentioned that their company has five owners. The idea for the business began when one of them was looking for a pick with a better grip. He discovered a nano-suction material that amazed him, but Kevin MaC and Nicholas were more excited about how it stuck to the guitar.
Robert Herjavec agreed it was a superior product but was curious about the sales numbers. At the moment, Nicholas shared that they began selling their product in October of last year, about eight months ago. So far, they have made a total of $60,000 in sales. Robert then asked about the product’s cost and whether they had made any profit. Nicholas explained that it costs $2.44 to make the product, and a pack of six picks sells for $29.90.
Moreover, they explained that they expected to reach $120,000 in sales by the end of the year, with a profit of only $20,000. They also sell their product to four music shops at a wholesale price of $15 per pack. They estimate that 15% of their sales will come from these retailers, with the remaining sales coming directly from consumers.
Nicholas told the Sharks that their product is especially popular with students learning to play the guitar. Lori Greiner said she liked the product’s name, but at that moment, Mark interrupted her with an offer for the founders before she could say more. He wanted to be their sixth partner and offered $75,000 for 16% equity, valuing the company at $468,750. At that moment, without any hesitation, the founders accepted Mark’s offer and walked out of Shark Tank Season 15.
| Company Name | TIK PIK |
| Founders | Nicholas George and Kevin MaC |
| Business | Guitar picks that stick to the guitar |
| Episode | Season 15, Episode 06 |
| Asked Deal | $75,000 for 10% equity |
| Final Deal | $75,000 for 16% equity |
| Shark | Mark Cuban |
| Business Status | In Business |
| Company Website | Visit Website |
| Headquarter | Nashville, Philadelphia, USA |
Summary of the Sharks’ Deal List!
| Shark | Offer | Counter Offer |
| Mark Cuban | $75,000 for 16% equity (Accepted Deal) | N/A |
| Kevin O’Leary | No | N/A |
| Robert Herjavec | No | N/A |
| Lori Grinear | No | N/A |
| Daymond John | No | N/A |
What Happened to TIK PIK Guitar Picks after Shark Tank?
As of August 2024, the TIK PIK Guitar Picks are still in business. Since appearing on Shark Tank, TIK PIK has seen a significant increase in sales. The show helped them reach millions of viewers, opening many new opportunities for the business. Also, the TIK PIK website has received great reviews from professional musicians, and their social media accounts have many happy followers.
TIK PIK offers three guitar picks, which are thin, medium, and heavy. This range helps guitarists choose the right pick for their playing style. The picks are colour-coded for easy identification and have a handy storage case. Right now, guitar picks are mainly sold online but will likely be available in music stores soon.
TIK PIK focuses on the needs of musicians by providing packs of 3 or 6 picks, making them affordable. This encourages musicians to try different styles and pick thicknesses. With the tagline “The Pick That Sticks,” TIK PIK has attracted attention for its innovative guitar picks and its focus on improving the playing experience for guitarists. Also, they have launched merchandise like t-shirts to connect more with their customers.
TIK PIK also offers video tutorials on how to clean and care for their picks to ensure they last longer. Anyone interested in Tik Pik can visit tikpik.com. They provide free first-class shipping for US orders.
Prices for Tik Pik products vary. A six-pack costs $29.95 and comes with a small carrying box. Single picks are available for $9.95, while a three-pack costs $19.95. They also have gift cards starting at $10 and t-shirts for $29.95 to support the brand. Tik Pik can also be found on Amazon, where the six-pack is priced the same as on their website and is eligible for Amazon Prime shipping.
TIK PIK Guitar Picks Founders
Nicholas George and Kevin MaC founded TIK PIK Guitar Picks in 2022. Both men played guitar and got tired of losing their picks and searching for them while performing. They wanted a solution to keep their picks easily accessible, so they created Tik Pik.
Nicholas George is experienced in business, having started Skog Å Kust outdoor gear and Breakers Beach Supply. Known by his stage name, Nicholas George is also a talented singer, songwriter, and producer. Nick has always enjoyed writing music, and when his daughter showed interest in music, he wrote an album of songs for her as well. His diverse background in both music and business helps Tik Pik succeed.
Kevin McDonald is another co-founder of TIK PIK. He founded Elsie Marshall – The Shot Granny’s Whiskey, inspired by his song “Granny Drinks Whiskey.” He also has a lot of experience in the music industry, like Nicholas.
TIK PIK Guitar Picks Achievements and Awards
| Year | Achievements and Awards |
| 2023 | The company was featured in Shark Tank and secured a deal from Mark Cuban |
Conclusion
Shark Tank is a TV show showcasing different business ideas, helping them succeed. TIK PIK Guitar Picks was one of the ventures featured on the show. They made a deal with Mark Cuban, showing that success is possible with the right idea and execution. Now, we eagerly await to see how their success story unfolds in the future.
Before you leave, check out the other company updates in Season 15, Episode 06.
