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Reply by Kiersten

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Posted on Fellow Lumberjock was on the TV Show 'Shark Tank' Last Night

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Kiersten

69 posts in 2253 days


#1 posted 1065 days ago

Charles, I am so touched by your post!!! Thanks so much for saying all those wonderful things. I couldn’t be more proud to be Lumberjock and can’t tell you how much I’ve learned and gained from my experience as a member here. I’ve met so many wonderful people from LJ!!

The business is doing really well!! We filmed Shark Tank in October of last year and when Robert contacted me in January to discuss the deal, I had already started looking at other investment offers after feeling good about what transpired in the Tank. It was during that three month period before Robert contacted me while my husband was still unemployed (Scott did land a full-time job in January! :) that I was panicking a bit and feeling like I needed back-up plans. Either party has the right to back out after the verbal deal in the Tank—the show is very separate from the deal negotiations. I tried to be very smart about how I went forward and taking individual investments from people I know and trust as well as design industry experts here and in the UK without paying royalties seemed like the best route for me. The door is still open with Robert to approach him need be in the future; however, I decided it was best to partner with design and manufacturing experts, keep more of my company, and most importantly, not pay royalties. When I filmed the show, I truly thought it was my only shot at getting capital but everything works out for a reason and I know in my heart, this was the way it was supposed to work out for everyone involved. :)

I’m heading to Louisville, KY for the ABC Kids Expo (www.theabcshow.com) which is the largest kids product expo in the nation. One I’ve always wanted to attend but couldn’t in the past due to lack of funds for it. My retailer list has grown from 30 something to roughly 100 and I’m getting requests for Europe and Japan for products. As I said on the show, I had already lined up manufacturing with an amazing Amish manufacturer in Ohio so that started happening in October/November of last year. L&J Woodworking in Dundee, Ohio is a dream partner—they’re amazing people, they do fantastic work, and he believes in me and my designs. They just finished producing the samples for the Owyn Bedroom Collection I showed on Shark Tank and that collection will debut at the show in Louisville in September. L&J is also working on RTA construction for all products for European distribution. You can read more about my partnership with L&J on my blog, http://www.modmomfurniture.blogspot.com if you’re curious.

Thanks again!! I’ll keep you all posted as things progress. If you missed the airing, I’ve posted links to a few of the videos (Shark Tank, Nate Berkus Show, and a pre-Shark Tank video) here: http://modmomfurniture.blogspot.com/2011/07/mod-mom-on-nate-berkus-show-and-pre.html

-- Kiersten, Los Angeles, http://www.modmomfurniture.com


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