Dimitrov has always been a businessman – sort of. While he wasn’t able to disclose the terms, it’s interesting to learn that a lot of the negotiation happens. SnapClips Founder Martin Dimitrov (Photo: ABC/Eddy Chen) ABC’s Shark Tank is undoubtedly an excellent platform for all breeds of entrepreneurs. 2 Comments. Log in to like or comment. SnapClips are now going to market through their website. The program encouraged participants to take note of their everyday problems and try to find solutions for them. I must admit, I saw a very similar product my first time in the Grove City weight room. He won $400 and was given another $2,500 to further advance the product. The program encouraged participants to take note of their everyday problems and try to find solutions for them. When he was in high school, he hustled with several friends at a telemarketing company. https://allsharktankproducts.com/shark-tank-products-sports/snapclips-barbell-collar-weights/, https://gazettereview.com/2018/08/snapclips-after-shark-tank-update/. of this year, 19-year-old Martin Dimitrov found himself on Shark Tank, pitching a company he had created in high school. The website makes clear that they will enforce the companies rights to the patents. But most of the time, the learning is fun and new. January 28, 2018. Martin Dimitrov was a junior in high school at the time and graduated a year later in 2015. The product is an easier, more versatile clip for barbells. Chicago Student Highlights SnapClips on Shark Tank CHICAGO, Jan. 24, 2018 /PRNewswire/ -- Martin Dimitrov, UIC Student and Alumni from Wheeling High School, will be appearing on Shark Tank Sunday, January 28, highlighting his company, SnapClips. Scott Kitun talks with Martin Dimitrov the teen inventor and CEO of SnapClips, a product that revolutionizes the weight lifting world. In late February of this year, I found myself at a La Colombe to meet Dimitrov to talk about SnapClips, Shark Tank and life. Our goal is to make peoples lives … Martin discusses his experience on the show ‘Shark Tank’ and how he was inspired at such a young age. (ahh, the 90’s), only it snaps on a barbell instead of your wrist … and can hold and secure a hell of a lot more weight. Sign up for our. Kickstarter helped SnapClips raise another $25,000+, which made the team realize this thing was real: the market desired it, and it had a good price point that people were willing to pay. They decided to enter it in the District 214 start-up showcase and won first place and a $400 prize. I now know it is possible to do both simultaneously with a lot of hard work. They haven’t marketed it as a wire/cable holder yet after airing in 2018. Last into the tank is Martin Dimitrov of SnapClips, seeking $150,000 for 15 percent equity.. SnapClips is a weight collar that makes it easier and safer to … He has a to-do list filled with company obligations: answering e-mails, checking and ordering inventory, reviewing shipments, scheduling meetings, and maintaining customer care fill most of his days. SnapClips helps secure weight plates on barbells by clipping on quickly. Dimitrov was still in negotiations with the Sharks when I spoke with him over coffee. $300 of the $2,500 was immediately used to apply for a patent – which ended up being a smart move, because someone else applied for the same patent a mere twenty-two days later. Raised as the youngest in a family of older brothers, Cass grew up a tomboy and remains active in sports. My theory is this: if you have an idea good enough for Shark Tank, you grow up in the business world pretty quickly. He was in line by 6:30 am, and pitched his idea around 11, sweating through his suit while demoing on barbells. Martin took it to Shark Tank and won $150,000 for 30% stake in the company. Five months later, SnapClips made an appearance on the show. Dimitrov learned patience the hard way. the show – getting an offer from a Shark (or, in Dimitrov’s case, three Sharks) is just the beginning. This is very interesting, to see someone as young as Martin Dimitrov to come up with a simple solution to a simple problem. In late January of this year, 19-year-old Martin Dimitrov found himself on Shark Tank, pitching a company he had created in high school. Snap Clips owns the intellectual property with a US Patent license, and several others applied for in the United States and other countries. Log In Sign Up. #mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; width:100%;} Make sure to follow Technori on Facebook and Twitter. Throughout our conversation, I was constantly struck by the disparity between his age and experience – Dimitrov seemed to have years of business acumen, but he couldn’t legally have this conversation over beers instead of coffees. In using their snapclip , it secures weights easily. #mc_embed_signup .button:hover {background-color: #33055d;cursor: pointer;} Martin Dimitrov and Ryan Caulfield are the ones who introduced snap clips. He is now bringing his company into Shark Tank looking for a deal on his Patented bands for weightlifting. The first ever portable, customizable, and user friendly barbell collar that WORKS. The idea started as a class project, much like the one we had a week ago, and he ended up taking it to District 214 Startup Showcase. You also might be wondering, like I did, how Dimitrov finds time to be a 19-year-old. Download our FREE Guide to Winter Running! The product is an easier, more versatile clip for barbells. If he hadn’t filed for that patent when he did, we probably wouldn’t have been meeting at La Colombe to talk about his Shark Tank success. In late February of this year, I found myself at a La Colombe to meet Dimitrov to talk about SnapClips, Shark Tank and life. Weights stay in place during heavy lifting and repeated drops. ), Dimitrov and his team started to figure out what worked best for the company. SnapClips work with a wide range of bars, are more secure, and easier to use than any other plastic or spring collars/clips. SnapClips | 66 followers on LinkedIn. The founder and CEO of SnapClips walked away with a star-studded combined offer from Lori Greiner, Mark Cuban, and Alex Rodriguez. Martin has 4 jobs listed on their profile. And when it comes to inventions that help people make their daily lives easier, the deals only become more entertaining to … On the show, his Shark Tank offer was contingent on one thing – a college diploma. One of those problems for Martin and his friend, Ryan Caulfield, was the spring weight collars used in the school gym. This is somebody much like us who took entrepreneur classes and entered competitions. The founder and CEO of. He’s already considering other adjacent market applications for SnapClips, and he has no shortage of motivation to succeed. walked away with a star-studded combined offer from Lori Greiner, Mark Cuban, and Alex Rodriguez. If you use a barbell in your fitness routine, you can probably empathize with how difficult and clunky weight clips can be to use. 156w . Creativity. Never miss an update from your favorite sweat-workers. Martin Dimitrov بنیان‌گذار استارتاپ تولید لوازم ورزشی SnapClips ماجرای مارتین از دبیرستان و یک پروژه‌ی کار کلاسی ساده شروع می‌شود. Snap Clips inventor Martin Dimitrov is a young entrepreneur who likes to lift weights. Entrepreneurship isn’t about whether you’re 16 or 50, it’s more about having the spirit of an entrepreneur,” Martin said. /* Add your own Mailchimp form style overrides in your site stylesheet or in this style block. ! Martin Dimitrov was a junior at Wheeling High School in 2014 when he got the idea for SnapClips. The company solves a fitness problem with a simple product. It shows that just by thinking creatively about the problems throughout ones day can lead to an idea that could explode into a business. Instead of a spring loaded clip, it acts like a metal watch wristband that folds over itself. To her mother’s satisfaction, Cass learned how to embrace her feminine side in college and has developed an interest for fitness activities that require spandex as opposed to knee-length basketball shorts. Much like the hot trend of slap bands at the time, this product simply slaps on to the bar. Perseverance.All invaluable, unique ingredients..somewhat charming if mixed properly.. aSweatLife © 2021 All Rights Reserved, Fab Fit Media, LLC. Dimitrov was still in negotiations with the Sharks when I spoke with him over coffee. While he wasn’t able to disclose the terms, it’s interesting to learn that a lot of the negotiation happens after the show – getting an offer from a Shark (or, in Dimitrov’s case, three Sharks) is just the beginning. Privacy Policy   |   Sitemap. If you want to be inspired then look no further. Find out what other strategies the youngster has used to grow his company after landing a deal with THREE of the investors from the show! The college student and entrepreneur agreed to meet me for a coffee at 8 o’clock in the morning; to be clear, I’m a fully grown adult and I still have trouble making such a commitment – and I can count on one hand how many times I agreed to meet, SnapClips helps secure weight plates on barbells by clipping on quickly. Dimitrov was encouraged to stay in school by the sharks. #mc_embed_signup .button {-webkit-border-radius:0;-moz-border-radius: 0;border-radius: 0;background-color: #33055d;}, Never miss an update from your favorite sweat-workers. Dimitrov drove 16 hours through the night with his friends to make it to their Shark Tank audition. Tuesday, March 27, 2018; 4:00 PM 5:30 PM 16:00 17:30; Google Calendar ICS; Join us to hear how Martin Dimitrov: Founded SnapClips as a high school student; Ran a successful Kickstarter campaign; Made a deal on ABC's Shark Tank; Meeting in Schreiber Center Room 201. View Martin Dimitrov’s profile on LinkedIn, the world’s largest professional community. Millennial Entrepreneurs is the course blog of ENTR-101, a course offered at Grove City College called "The Entrepreneurial Mind." If you aren’t an avid Shark Tank fan or gym owner, you probably haven’t heard of SnapClips. Over time, and with the help of mentors (like Patrick from the Chicago-based Tiesta Tea), Dimitrov and his team started to figure out what worked best for the company. 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When Dimitrov was sixteen, he sold a car straight off a lot. During his senior year, his team was given $2,500 to execute on the vision for SnapClips. Inspired by the idea of snap bracelets used by kids in the 90s, Martin Dimitrov, founder of SnapClips, began experimenting on ways to ensure weights stay on while making sure it was easy to use to even someone who has never been to the gym. He assured me he does, but his day is not one of a typical college student. One of our tasks each semester is to research and blog about the experiences of young entrepreneurs who are making a difference in the world. He thought he did terrible. SnapClips was developed to address the problems with regular weight collars. The founder and CEO of SnapClips walked away with a star-studded combined offer from Lori Greiner, Mark Cuban, and Alex Rodriguez. He’d never sold a car before. The idea started as a class project, much like the one we had a week ago, and he ended up taking it to District 214 Startup Showcase. Using the item for the weights will … Snap Clips entered the Shark Tank with their silicone and Velcro-made collars that grip onto weights to make it easier to secure and swap them during workouts. These bands would be very helpful in the weight room at grove City. Taking inspiration from the slap bracelets everyone use to play with. Search. Make … Snap Clips inventor Martin Dimitrov is a young entrepreneur who likes to lift weights. later. Much like the hot trend of slap bands at the time, this product simply slaps on to the bar. The event is free but please RSVP since a limited … Martin discusses his experience on the show 'Shark Tank' and how he was inspired at such a young age. Company: Snap Clips Entrepreneurs: Martin Dimitrov. He’s so young that when he started a Kickstarter campaign to launch his product, he had to have someone else set it up due to age restrictions on the site! He came up with the idea for his next generation weight collars […] Filed Under: Season 9. True to his word, Dimitrov is in currently in college at the University of Illinois at Chicago working on his degree. Martin was tasked by his teacher to … He pitched his idea and won at multiple pitch and business plan competitions, so he ran a Kickstarter campaign. 1,521 Followers, 306 Following, 51 Posts - See Instagram photos and videos from Martin Dimitrov (@dimitrovartist) SnapClips originated 4 years ago in Martin Dimitrov's high school INCubatoredu entrepreneurship class. This is a very inspiring post to young entrepreneurs. She can still be found on the basketball courts in Lincoln Park wearing knee-length basketball shorts. ShowerPill Body Wipes. Why It’s So Important to Diversify Your Friend Group, Tips for Fitness Professionals Teaching Live-Streaming Workouts, How to Find the Healthiest Spiked Seltzer, Recover in Company! */ Dimitrov’s idea for SnapClips developed in high school. He is now a full-time business student at … By day, Cass is a full-time student at the University of Chicago's Booth Graduate Business School. The official home of SnapClips. He was taking a class in entrepreneurship and one of the assignments was to identify everyday problems and think about how to solve them. Martin Dimitrov came up with the SnapClips project in an entrepreneurial class in high school. He’s so young that when he started a Kickstarter campaign to launch his product, he had to have someone else set it up due to age restrictions on the site! 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