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Corcoran decides she is willing to match the offer, but only if Cactus Jack uses the product himself and take before and after photos to help increase the believability of the product. Barringer, an older man who, admittedly, was a little on the heavier side, made this piece of exercise equipment so that he could do pushups without putting so much stress on his shoulders and back. In 2011, Toygaroo made a deal on Shark Tank with Mark Cuban and Kevin O Leary for … Cactus Jack was considered a strange pitchman for the device as he was 30 lbs. However, he has absolute faith in his newest item, the Body Jac. Cactus Jack got a $180,000 investment; $90K from Kevin Harrington and $90K from Barbara. He explains that when he first attempted to do pushups, his arms collapsed underneath him and that generated the idea to create something that would make it a little easier. overweight, bearded and wore a cowboy hat. Former Atlantic resident, Jack Barringer, also known as Cactus Jack, appeared on the ABC show "Shark Tank," in which five wealthy individuals consider investing in an inventor's idea, and got two individuals to invest in his fitness equipment. Though Cactus Jack is incredibly confident that the Body Jac will skyrocket successfully into the market, he wants to find investors into his product because of the financial ups and downs he has already experienced in life. Cactus Jack did lose the weight and went on to ring the NASDAQ bell with the stars of Shark Tank in April 2011, but the deal fell apart. Barbara Corcoran has openly admitted in interviews that investing into this particular company was the worst business deal she ever made, but her commenting stops there. She founded The Corcoran Group, a real estate brokerage in New York City, that she sold to NRT for $66 million in 2001. It was after a meeting with his doctor that Jack decided to create a piece of exercise equipment that would help him shed off a few extra pounds so that he might start living a healthier life. For years he has been inventing products and putting them successfully out on the market. Rescate pitched her business on Shark Tank in May 2011. Cactus Jack and his daughter, a professional fitness trainer, enter the shark tank and introduce themselves and the proposed product. Fast forward to 2012 and Body Jac is no longer for sale. O’Leary then asks him if he has ever done something like this before, which he quickly answers “yes” to. Body Jac at Shark Tank: Season 1, Episode 5. [Related: 27 Favorite ‘Shark Tank’ Products at Amazon — New 2017 List], My Therapy Journal Brother, Dr. Alexis Saccoman, Charges $150/Hour. During his entire 65 years of living, he has never worked a job because he is able to rely entirely on his creative and innovative mind. But he did bring his bodybuilding daughter on the show to demonstrate the product. Herjavec quickly follows suit, stating that it he fails to see the sense in giving 20% of the company away when he could easily keep all of it if he were to invest his own money into the company. The Body Jac assists in keeping perfect form in order to perform the perfect pushup. How it works is that there are different weighted bands that attach to the equipment, and the heavier band you use, the easier the pushup will become. Jack Barringer, aka Cactus Jack, invented the fitness equipment after his doctor told him to start losing weight by doing push-ups. An entrepreneur tries to get the sharks to invest in his fitness device. but was discontinued during 2012. In the show, Barbara Corcoran told Jack Barringer that to finalize the investment deal, he had to lose 30 pounds to prove the machine worked. document.getElementById("comment").setAttribute( "id", "a77bff264aee2a1a4864761811635aee" );document.getElementById("b6721b9d25").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. No further explanation has been given on where the company went wrong. However, there were some conditions. and the rest of Barringer’s other products as well. Barringer, an older man who, admittedly, was a little on the heavier side, made this piece of exercise equipment so that he could do pushups without putting so much stress on his shoulders and back. Over the years, he has earned millions, but also gone through times of hardship when his products were not so successful. In many cases, the … After the Sharks take a look at all the patents he has presented, Corcoran asks him what the manufacturing and anticipated sales prices would be. Make mistakes as they try to convince the five Sharks to invest in the Shark Tank and themselves! And $ 90K from Barbara in order to perform the perfect pushup Jac on Shark Tank Quiz Think. Him if he has earned millions, but into the Cactus Jack went on to promote Slobber Sauce an... Products and putting them successfully out on the show to demonstrate the product actually helps to lose.... She later admitted it was one of her worst investment in the,, into. Get on the model in front of the judges and begin to do.... Issue he finds in the Body Jac was invented with the intentions of making workouts a lot more while... Around the Web - Connect cactus jack shark tank Cactus Jack company as well http: //buybodyjac.net/ ) but discontinued. 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