As you may have seen, Nexersys CEO Terry Jones and Olympic Boxer Marlen Esparza jumped in the tank to swim with the Sharks in January of 2014. After an intense session, the Sharks declined to invest, but provided a lot of comments. Mr. Wonderful said that our biggest challenge wasn’t our products or market, but our Balance Sheet. He noted that our investors would take the company if we failed to generate profits to service the debt. So you’re probably wondering, “Where are we now?”
After only a few short months our sales increased over 450%, with 50% of our profits being generated from software licenses and royalty revenue. Over the past few years we have continued to grow and have remained debt free, all while maintaining our number one objective of customer satisfaction.
We have also launched our NEW N3 SERIES! Our N3 Line is now available for purchase with new updates including:
- New Home, Pro, and Commercial Models
- 3D Animation
- New and Improved Center Body Pad
- Cloud Based Content to access anywhere in the world
To check out our New N3 Products please visit: https://nexersys.com/
Overall, the Shark Tank experience was excellent. We thank the Sharks and ABC for presenting us with an amazing opportunity to showcase our products and software to the world.
I’m so happy to find this update on the company! I love when entrepreneurs win despite being turned down by the sharks.
Thank You for your information.
Bought nexersys home boxing gym . And I love this thing …its a great work out .
I fought golden gloves boxing for 6 years and I wish I had this thing in my training.
Awesome job. I’d love to own your equipment unfortunately I can’t afford that. But keep up the great progress with your awesome fitness equipment
Hi Kelly,
Not sure if you saw but we have launched out new N3 Line along with a Financing option! Please contact us if you have any questions.
-Nexersys Team
You Go Man!! Go BIG!
does the guy who presented to shark tank still own 35% or has he been x’d out of the deal?