Sunday, October 2, 2022

The Bobble Place Shark Tank Update – 2018 News

The Bobble Place Before Shark Tank

beforeJeff Wolsky lives in Pasco County, Florida. He states that he has always been fascinated by bobblehead dolls, but didn’t like the fact that you couldn’t create your own custom bobblehead anywhere on the internet. This made him realize that there is a huge opportunity for him to start his own company that allows people to customize their own bobblehead dolls to their likings, and purchase them directly afterwards.

Before Jeff Wolsky joined the Shark Tank, he stated that he has sold over a million custom bobblehead dolls worldwide. The reason why he is joining the Shark Tank is because he wants to take his business to the next level, which he doesn’t have the money for.

Jeff Wolsky states that the next level is for his company to open up a large amount of kiosks in shopping malls all over the world. People would be able to visit these kiosks to look at, customize and purchase different kinds of bobblehead dolls. He is hoping to leave the Shark Tank studio with a hefty investment, in order to make his dreams come true.

The Bobble Place During Shark Tank

Jeff Wolsky walks confidently towards the Sharks and stands in front of them”

Jeff Wolsky starts his presentation by introducing himself, stating that he is the founder and owner of The Bobble Place. Jeff Wolsky continues by stating that he is seeking an investment of seventy five thousand dollars, in exchange for eighteen percent of his company.

Jeff Wolsky walks over to the table and reveals bobblehead dolls which look very similar to all of the Sharks”

Jeff Wolsky takes the dolls and gives each Shark their own bobblehead doll”

All of the Sharks seem to like the bobblehead dolls”

Kevin O’Leary states that Jeff Wolsky has done a great job at sucking up so far”

Jeff Wolsky continues his presentation by stating that clients can provide a pictures of themselves to Jeff Wolsky, who will then hand-sculpt the bobblehead dolls, in order to make them resemble the appearances of the clients. Jeff Wolsky also states that clients are able to see the progress of their custom bobblehead doll, as it is being made. Jeff Wolsky’s company provides photo proof, and will apple changes to the bobblehead dolls if needed.

Jeff Wolsky states that it is very excited to do, and customers actually love the idea of being able to purchase a customized bobblehead doll. Jeff Wolsky continues by stating that he is going to use the seventy five thousand dollars to custom bubblehead dolls to physical locations, such as shopping malls, amusement parks and national chain stores.

Kevin O’Leary asks Jeff Wolsky if he wants to start retail locations that sells bobblehead dolls”

Jeff Wolsky answers the question by saying that the locations are going to be similar to kiosks, where customers can walk in, select from any of the one hundred available bobblehead bodies, supply a photograph of themselves, and start the process of making a customized bobblehead doll.

Robert Herjavec asks Jeff Wolsky if this is an existing business”

Jeff Wolsky answers the question by saying that his business already exists, but is only available online. This means that people will need to know how to go on the internet and customize their bobblehead dolls, which can be difficult for a lot of people. This is why Jeff Wolsky wants to open physical locations, where people can actually see the custom bobblehead dolls before they purchase them.

Daymond John asks Jeff Wolsky how much revenue his online business is generating”

Jeff Wolsky answers the question by stating that his online business is generating a revenue of seven figures, yearly.

Kevin O’Leary states why the Sharks should not invest in the online business”

Daymond John asks Jeff Wolsky how long his business is out”

Jeff Wolsky answers the question by saying his business is out for five years already, but he is not seeking an investment for the online part of his business. He is only seeking a seventy five thousand dollar investment for the physical part of his business, which is entirely an entirely separate division.

Kevin O’Leary asks Jeff Wolsky why he should invest in a company that only exists on paper, rather than investing in a real company”

Jeff Wolsky answers the question by saying that he is only looking for an investment in his new business, rather than the online division of his business.

Robert Herjavec asks Jeff Wolsky why he is keeping the online division of his business away from the Sharks”

Jeff Wolsky answers the question by saying that he doesn’t need investors for the online division of his company, because of the fact that the online division is making over a million dollars a year. Jeff Wolsky states that the physical division will also use the same factory that is making the custom bobblehead dolls.

Barbara Corcoran asks Jeff Wolsky how much a kiosk is going to cost, how much money it is going to make and what the traffic on a kiosk is”

Kevin O’Leary states that he wants Jeff Wolsky to apologies for being so greedy”

Jeff Wolsky states that he is not being greedy, because he is giving the Sharks the opportunity to make a substantial amount of money, knowing that the online division of The Bobble Place is making seven figures a year.

Robert Herjavec states that Jeff Wolsky is giving the Sharks all the risks by only allowing them to invest in the physical division of The Bobble Place, while not giving any of the benefits that comes with a successful business.

Daymond John states that Jeff Wolsky is on a very slippery slope at the moment, and that he should really reconsider what he is offering the Sharks.

Daymond John asks Jeff Wolsky if he is willing to give the Sharks some insurance on their money on his existing business”

Jeff Wolsky answers the question by saying that it really depends on what kind of insurance the Sharks are looking for. He states that he is comfortable in giving away a larger percentage of his new physical business, and possibly a smaller percentage of the online division of his business, just to make the Sharks feel more assured.

Barbara Corcoran asks Jeff Wolsky to talk more about the kiosks”

Jeff Wolsky answers the question by saying that you can rent a kiosk from any mall, which usually costs around fifteen hundred dollars per month, or three thousand dollars per season, depending on which shopping mall.

Robert Herjavec asks Jeff Wolsky what an average kiosk would generate in sales, in a typical mall”

Jeff Wolsky answers the question by saying that it is very difficult to determine the sales of a typical mall kiosk.

Robert Herjavec asks Jeff Wolsky why he thinks that The Bobble Place is a good opportunity, while he cannot even break out any data”

Jeff Wolsky answers the question by saying that he thinks that The Bobble Place is missing a big audience. A single bobblehead doll can be made to look like them, for less than a hundred dollars for a single doll.

Barbara Corcoran asks Jeff Wolsky what his profits are in his existing business”

Jeff Wolsky answers the question by saying that he is making a profit of between five hundred and six hundred thousand dollars a year.

Kevin O’Leary asks Jeff Wolsky why he is even thinking about getting into a mall for”

Jeff Wolsky answers the question by saying that he is missing the people that do not even know that custom bobblehead dolls is a thing.

Kevin O’Leary states that it doesn’t matter, because Jeff Wolsky has a business that is making a huge profit every single year. Kevin O’Leary also states that he will offer seventy five thousand dollars for eighteen percent of the new business, but he forbids Jeff Wolsky from ever going to malls with The Bobble Place.

Jeff Wolsky states that he would never take that money, because he does not need an investment for his online business.

“”Kevin O’Leary asks Jeff Wolsky why he really is on the Shark Tank, and if he is going to counter his offer”

Jeff Wolsky answers the question by saying that he is definitely declining Kevin O’Leary’s offer, since he is in no need of an investment for the online division of his business.

duringKevin O’Leary states that because he is a nice guy, he is willing to offer seventy five thousand dollars in exchange for fifteen percent of The Bobble Place.

Jeff Wolsky states again that he does not need an investment in his existing business, but does need one for a new and separate physical division of his business.

Kevin Harrington states that Jeff Wolsky is looking for an investment of seventy five thousand dollars, for in untested business.

Jeff Wolsky states that he is willing to also include five percent of his existing online business, in order to assure the Sharks that their money is not at risk.

Daymond John states that he really likes the idea of The Bobble Place, but does not like the kiosk part of the idea. Greed can be good, but Jeff Wolsky needs to be greedy together with the Sharks. Daymond John also states that not many people have walked up and straight up told the Sharks that they are going to use the investment money for their own benefit, instead of the benefit of the Sharks as well. For that reason, Daymond John is out.

Kevin Harrington states that the bottom line is that the seventy five thousand dollars that Jeff Wolsky is asking for, is only to test something. Kevin Harrington that it goes way overboard to ask the Sharks for such an amount of money, because for ten thousand dollars, Jeff Wolsky could have tested his idea as well. Kevin Harrington states that he is out as well.

Barbara Corcoran states that she cannot shake the feeling that she got when she found out that the online division is not included in the deal. She states that this made her feel a little tricked, which is a terrible way to start a partnership. For that reason alone, Barbara Corcoran states that she doesn’t want to invest and that she is out.

Robert Herjavec asks Jeff Wolsky what the profit of the original business is again”

Jeff Wolsky answers the question by saying that the profit of the original business is between five hundred and six hundred thousand dollars a year.

Robert Herjavec asks Jeff Wolsky why there is no exact number”

Jeff Wolsky answers the question by saying that it really depends in which year they were in and how many custom bobblehead dolls they have sold.

Robert Herjavec asks Jeff Wolsky what kind of an accountant he uses, because his account doesn’t give any in-between numbers”

Jeff Wolsky states that he doesn’t know the exact numbers at this moment, but that the profits are anywhere between five hundred and six hundred thousand dollars a year.

Kevin O’Leary asks Robert Herjavec if he is out or in”

Robert Herjavec answers the question by sarcastically saying that he is somewhere in between in and out”

Kevin O’Leary states that he offers a hundred thousand dollars, in exchange for twenty percent of Jeff Wolsky’s business.

Robert Herjavec states that he offers a hundred and twenty five thousand dollars, in exchange for twenty percent of Jeff Wolsky’s business.

Jeff Wolsky states that with a partnership of multiple Sharks, the deal could become even sweeter and more attractive. Jeff Wolsky proposes to combined both offers, and give each of the Sharks ten percent of the company.

Kevin O’Leary asks Jeff Wolsky to go back to the waiting room”

Kevin O’Leary tells Robert Herjavec to back off, because the more money that gets offered, the more Jeff Wolsky wants. Kevin O’Leary states that Jeff Wolsky is messing around with them, which is unacceptable.

Jeff Wolsky walks back into the studio and stands in front of the Sharks”

Kevin O’Leary states that he and Robert Herjavec came to an agreement, and that the offer is one hundred thousand dollars, in exchange for twenty percent of The Bobble Place.

Jeff Wolsky states that he has to decline that offer, because it is not what he is looking for.

Robert Herjavec states that he will go back to his original offer, which is a hundred and twenty five thousand dollars, in exchange for twenty percent of The Bobble Place.

Kevin O’Leary states that he is officially out, and does not want to make an investment.

Jeff Wolsky tells Robert Herjavec that he would consider a hundred thousand dollars, in exchange for seven percent of The Bobble Place.

Robert Herjavec states that the deal is too complicated, and does not want to invest in The Bobble Place anymore. Robert Herjavec is out as well.

At the end interview, Jeff Wolsky states that he was not the one being greedy, because the Sharks are literally trying to steal a part of his business.

The Bobble Place After Shark Tank

afterJeff Wolsky appeared in front of the Sharks, in order to secure an investment for a physical division of his already profitable online business. He was looking for an investment of seventy five thousand dollars, in exchange for eighteen percent of his new business. With that money, Jeff Wolsky wanted to test if the physical division of his company would actually work out, which really seemed to have pissed off all of the Sharks.

Jeff Wolsky was not able to secure an investment from any of the Sharks, because of the fact that none of them were interested in the secondary business. Both Robert Herjavec and Kevin O’Leary wanted a piece of the actual profitable business, which is an online store. Because Jeff Wolsky was not giving in, the Sharks got pissed off and stated that they did not want to invest in The Bobble Place at all. There is no mention of The Bobble Place being the best or worst on Shark Tank, but you can clearly see that the Sharks are not happy with the presentation, by the way they are telling Jeff Wolsky to get off the set.

It seems like The Bobble Place still exists to this day, however it has been renamed WeBobble. You can visit the updated website at www.webobble.com

The prices for the custom bobblehead dolls start right around $80 for a fully custom bobblehead.  There are a lot of testimonials on the companies website, most of them being very positive about the custom bobblehead dolls. People seem to really like the fact that you can make your own custom bobblehead doll, which suggests that The Bobble Place has been a very profitable success for Jeff! 

paige@gazettereview.com'
Paige Turner
Paige is a freelance writer based out of Chicago, When she isn't writing you can probably find her walking her 6 month old golden retriever down at the park.
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