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SafeGrabs creator Cyndi Lee appeared on an update segment the year after her “Shark Tank” appearance. Lee’s product was featured on QVC, where it made $300,000 in less than ten minutes. The product sold out completely the day after. That year, Lee made $2.4 million in sales. She was also able to move out of her parent’s house, where she had been living for some time due to extreme debt. Within three years of being on “Shark Tank,” Lori Grenier would share that the product made over $5 million in sales. In 2020, Lee also used her platform to give back to the community. During the midst of the COVID-19 pandemic, SafeGrabs matched dollar for dollar to purchase 50,000 medical masks for overflowing hospitals (via Facebook). The product itself can be found on both its website and Amazon.
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Lee’s success story is one to look up to, undoubtedly. The entrepreneur would audition to get on the show twice before finally getting accepted. While most would find the wait frustrating, Lee recognized the value in taking the time to learn, saying on her website, “Had I made it on the Shark Tank the prior years, I would have made a complete fool of myself with the lack of knowledge with the time and practice needed to hone in on my pitch … I’ve made costly mistakes along the way but as Jack Ma says, ‘mistakes are revenues later’ as long as you learn from them!”
