30 Rejected Ideas on Shark Tank That Found Success Anyway

The Lip Bar

20. The Lip Bar

As the name suggests, the Lip bar is a chain of cocktails inspired by lipsticks and other cosmetics.

Melissa Butler and Roscoe Speras are its co-founder who showcased their business idea on the show, Shark Tank, and pitched their business for $125,000 for a 20% stake in the company.

These lip bars came in handy and were travel-friendly, but this failed to impress the Sharks and they turned down the offer.

The show eventually did them good and they were able to sell their product successfully on Amazon. They attracted great attention and fabulous reviews and did not take a turn back after that. 

The founders also sell their products across different retail stores now apart from selling online.

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