Cup Board Pro is The Most EMOTIONAL Pitches You Will Ever See In The Tank! | Shark Tank US

Summary

The Young family, consisting of Kaye, Christian, and K Young, pitch their late father Keith Young's invention, the Cupboard Pro, on Shark Tank. Keith, a New York City firefighter and cookbook author, designed the Cupboard Pro to simplify kitchen tasks. The family seeks $100,000 for 10% equity to continue their father's legacy. After a heartfelt pitch, all five sharks offer a rare joint deal of $100,000 for 20% equity, with profits from their investment going to a charity supporting sick firefighters from 9/11.

Takeaways

• 👨‍👩‍👧‍👦 The Young family is seeking $100,000 for 10% equity in their business, Cupboard Pro, to continue their late father's legacy.
• 🔨 Cupboard Pro was invented by Keith Young, a New York City firefighter, and it was his dream to pitch the product on Shark Tank.
• 🏠 The invention was put on hold when their mother was diagnosed with breast cancer, and their father prioritized her care.
• 🕯️ Keith Young passed away before he could pitch on Shark Tank, and his children are now pursuing his dream.
• 🍽️ Cupboard Pro is a cutting board with a built-in cup and a tongue and groove system to collect food scraps and juices.
• 📈 The product has three patents, reflecting the quality and engineering that Keith Young emphasized.
• 🔗 The board features a firemen's logo and the number of firemen who died on 9/11, honoring the fire department and its sacrifices.
• 💼 The family has been selling the product for three weeks, having sold 300 units at $40 each through their online store and social media.
• 💼 The $100,000 investment is planned to be used for renewing tooling, marketing, advertising, and replenishing inventory.
• 🤝 All five Sharks decide to collaborate and offer $100,000 for 20% equity, committing to contribute their expertise and future profits to a charity supporting sick firemen from 9/11.

Q & A

Who are Kaye, Christian, and K young, and what is their connection to the Cupboard Pro?

Kaye, Christian, and K young are the children of Keith Young, the inventor of the Cupboard Pro. They are continuing their father's legacy by pitching his invention on Shark Tank.

What was Keith Young's profession and how is it connected to the Cupboard Pro's design?

Keith Young was a New York City firefighter. His profession influenced the design of the Cupboard Pro, as he was looking for a quick and efficient way to handle kitchen tasks as a single parent.

What is the main feature of the Cupboard Pro that sets it apart from other cutting boards?

The Cupboard Pro features a unique design where a cup is attached to the board to collect food scraps and juices, eliminating the need for a separate bowl and making the process of cutting and cleaning easier.

Why did Keith Young put the development of the Cupboard Pro on hold?

Keith Young put the development of the Cupboard Pro on hold when his wife was diagnosed with breast cancer, choosing to be by her side during her illness.

What happened to Keith Young after his wife's passing and how did it affect his work on the Cupboard Pro?

After his wife's passing, Keith Young was inspired by her strength and continued to work on the Cupboard Pro. He later became a two-time Chopped Champion, which gave him the confidence to resume work on the product.

What health issues did Keith Young face, and how did they impact his involvement with the Cupboard Pro?

Keith Young was diagnosed with a 9/11-related cancer due to his work as a firefighter during the World Trade Center cleanup. This health issue led to his passing, leaving his children to continue his work on the Cupboard Pro.

How much equity are Kaye, Christian, and K young offering in exchange for a $100,000 investment?

They are offering 10% equity in their business for a $100,000 investment.

What is the current sales strategy for the Cupboard Pro?

The sales strategy involves selling through their online store and leveraging social media. They also package the boards and write individual thank you notes in their living room.

How many Cupboard Pro cutting boards have been sold in the first three weeks of launching the online store?

They have sold 300 Cupboard Pro cutting boards in the first three weeks.

What are the sharks' concerns regarding the Cupboard Pro's production and what is their proposed solution?

The sharks are concerned about the cost of production and the need to renew the tooling. Their proposed solution is to invest $100,000 each, contributing their expertise to help with marketing and production improvements.

What is the final deal offered by the sharks to the young family?

The sharks collectively offer $100,000 for 20% equity, with each shark contributing $20,000 and their expertise. They also agree to donate any profits from their 20% stake to a charity supporting sick firefighters from 9/11.

Outlines

00:00

🍽️ The Cupboard Pro Pitch

Kaye Young and siblings, representing the Young family, are seeking $100,000 for 10% equity in their business, the Cupboard Pro. The Cupboard Pro is a kitchen tool invented by their late father, Keith Young, a New York City firefighter and cookbook author. The invention was his dream to pitch on Shark Tank, which he couldn't fulfill due to his passing. The family aims to continue his legacy. The product is a cutting board with a built-in cup to collect food scraps and juice routings, making it convenient and efficient. The family shares a touching video made by their father demonstrating the product. They mention their father's strong connection to the fire department, with the board featuring a firemen logo and the number of 9/11 fallen firemen. The family is currently selling the product online and has sold 300 units in 3 weeks, with plans to use the investment for tooling renewal, marketing, and inventory.

05:01

💼 The Shark Tank Deal

The Young family's cost for the Cupboard Pro is $12.25, and they sell it for $40. They have managed to sell 300 units through social media and their online store, packaging each order with a personal thank you note. The family is running the business together, and the investment of $100,000 is planned for tooling renewal, marketing, and inventory. The sharks are moved by the family's story and their father's legacy. All five sharks decide to collaborate, offering $100,000 for 20% equity, with each contributing expertise and a commitment to donate future profits from their shares to a charity supporting sick firemen from 9/11. The Young family accepts the deal, eager to work hard and continue their father's dream of having the Cupboard Pro in every American kitchen.

Keywords

💡Cupboard Pro

The Cupboard Pro is the central product featured in the video, invented by Keith Young. It is a kitchen tool designed to collect food scraps and juices while cutting, making cooking more efficient and clean. The Cupboard Pro embodies the inventor's dream and legacy, as it was his wish to pitch the product on Shark Tank, symbolizing innovation and entrepreneurship within the family business context.

💡Shark Tank

Shark Tank is a reality TV show where entrepreneurs pitch their business ideas to a panel of investors, known as 'sharks,' in hopes of securing funding and business advice. In the script, the Young family is seeking an investment for the Cupboard Pro, highlighting the competitive and high-stakes nature of the show and the importance of the family's pitch.

💡Equity

Equity in this context refers to a share of ownership in a business. The Young family is offering 10% equity in their business in exchange for $100,000, which is a common transaction on Shark Tank. This term is crucial as it signifies the family's willingness to part with a portion of their business in order to secure the necessary capital for growth.

💡Invention

The term 'invention' is used to describe the Cupboard Pro, which is a novel kitchen tool designed to simplify food preparation. The invention is a testament to Keith Young's ingenuity and the family's desire to continue his legacy, making it a key element in the narrative of the video.

💡Legacy

Legacy in this script refers to the lasting impact or heritage left by Keith Young through his invention and his values. The family's mission to pitch the Cupboard Pro on Shark Tank is driven by their wish to honor and continue their father's legacy, which is a central theme in the video.

💡Entrepreneurs

The Young family, particularly the children, are referred to as entrepreneurs. This term highlights their role in taking their father's invention to market, showcasing their business acumen and the entrepreneurial spirit that drives them to seek investment on Shark Tank.

💡Investment

Investment is a key concept in the video, as the Young family is seeking $100,000 from the sharks to grow their business. The term signifies the financial backing necessary for production, marketing, and other business operations, which is a critical aspect of the pitch.

💡Prototype

A prototype is an early model of a product used for testing and development. The script mentions the first prototypes of the Cupboard Pro, indicating the developmental stage the product was in before the family decided to pitch it on Shark Tank, showing the evolution of the product.

💡Patent

A patent is a form of intellectual property protection granted to an inventor, giving them the right to exclude others from making, using, or selling the invention. The script mentions three patents associated with the Cupboard Pro, emphasizing the uniqueness and legal protection of the product.

💡Cancer

Cancer is mentioned in the context of both the mother's battle and subsequent passing due to breast cancer, and the father's diagnosis with a 9/11-related cancer. This term is significant as it adds an emotional layer to the family's story, highlighting their resilience and the personal challenges they have faced.

💡Charity

Charity refers to the act of giving money or resources to help those in need. In the script, the sharks propose to donate any profits from their investment to a charity supporting firefighters sick from 9/11. This term is important as it reflects the family's and sharks' desire to give back and honor the memory of those affected by the tragedy.

Highlights

The Young family seeks $100,000 for 10% equity in their business, Cupboard Pro.

Cupboard Pro was invented by their late father, Keith Young, a New York City firefighter and cookbook author.

The product is a cutting board with a built-in cup to collect food scraps and juices.

Keith Young passed away before he could pitch on Shark Tank, so his children continue his legacy.

The family shares a video of Keith Young demonstrating the Cupboard Pro.

The Cupboard Pro is made of bamboo and features a patented design with a tongue and groove system.

The board is heavy and well-crafted, reflecting the inventor's commitment to quality.

The family has sold 300 units in the first three weeks of launching their online store.

Sales have been driven primarily through social media and their online store.

The family is packaging the boards themselves and writing individual thank you notes to customers.

The $100,000 investment would be used for tooling renewal, marketing, and inventory.

The sharks are moved by the family's story and their father's legacy.

All five sharks decide to collaborate and offer a deal of $100,000 for 20% equity.

The sharks commit to contributing their expertise and any profits from their share to a charity supporting sick firemen from 9/11.

The Young family accepts the deal, excited to continue their father's dream.

The sharks acknowledge the hard work ahead but express confidence in the family's entrepreneurial spirit.

Transcripts

[Music]

[Music]

hi sharks my name is Kaye young I'm

Christian young I'm K young and we're

the young family we are here today

seeking $100,000 in exchange for 10%

equity in our business our business is

the cupb Pro

our dad invented the cupboard Pro and it

was his dream to pitch on Shark Tank

unfortunately he passed away before he

had that chance but we're here today to

continue his legacy and make that dream

a reality to tell you more about our

dad's invention here's a video our dad

made about demoing the cupboard

Pro my name is Keith young I'm the

inventor of the cupboard Pro cupboard

Pro is really really simple to use open

up your cup slide it in to the tongue

and proove in the board I'm going to cut

an onion going to core it I'm going to

take all these scraps they're going to

go right into the cup didn't have to put

a bowl under my board I didn't have to

stop really could it be any simpler it

is so easy so flip your board over I'm

going to use like a cup of red wine to

simulate meat juices the routings are

directing the juice to go right where

they need to be I'm not doing anything

I'm a New York City firefighter I'm a

father a widower cookbook author

cooking with the firehouse Chef when I'm

at home I have to get things done

rapidly because I have three children

I'm a single parent now I have to clean

and on top of that I have to cook I need

to kind of be on my game with my kids

everything revolves around my kitchen

really at home that's where the heart of

a regular family's house

is we feel honored to be here today and

to share a little bit of Keith Young and

the cupboard Pro with you all so who's

ready to make our dad's Dreamer reality

with

us that was very moving thank you thank

you your dad sounds like an amazing guy

can you tell us a little bit more about

when he invented it and give us a little

more of the story yes um my dad invented

this when I was in high school and then

as he was getting his first prototypes

our mom was diagnosed with breast

cancer and he put everything on hold to

be by her side I was 19 at the time my

brother was 15 and my sister was nine

um on August 22nd 2012 God called my mom

home and my dad just showed us what

strength was in every moment that he

continued to show up for us and just in

life in general he was a true

inspiration just like our mom and then

um my dad took a break with the cupboard

Pro he was asked to be on Chopped and he

did it and he was a two-time chop

Champion which then gave him the

confidence to start working on this

again in December um he got his delivery

of 2,000 boards and at that time he was

diagnosed with cancer which is a 911

related cancer from being a fireman

there

and um he was on hospice in the

beginning of the year and he just passed

away 3 months

ago so sorry thank you thank you thank

you wow so we have we have this amaz

amazing invention right here for you

guys we're going to pass you guys each

one great thank you

here you go thank you thank oh it's

heavy it's my dad was all about quality

so it's bamboo um we have three patents

on the board in the cup the tongue and

groove is really important my dad has

his firemen logo on the board and if you

see it has um the number of how many

firemen died on 911 so I noticed that

that's on back it's something that

really honors the fire department this

board is really heavy really great

quality engineered smart so this well no

matter where you put it it's going to

run the juices will run down because

it's pitched higher in the back I love

it cuz that's usually the problem when

you're cutting you have to push all the

stuff off to the side here and there

many of them have a well built into the

board but here you can take it off throw

in the dishw when you put the ones with

the well built in there it doesn't fit

straight in the in the dish exactly it

does that's an amazing product it's

incredible thank you so what are your

sales the three of us actually just

began 3 weeks ago selling the board did

you have 2,000 in inventory right yes

are you putting that online we just

launched our online store 3 weeks ago

how old are you I'm 24 you're 24 I'm 20

20 I'm 15 so your dad wanted to come on

Shark Tank before yes that was actually

his audition video and on 911 where was

he uh which part of he was part of the

cleanup so he was at he was there for

that and over 2,000 firemen are actually

currently sick from 911 just from all

the fumes that they were breathing in so

yeah I was um I was at Ground Zero 911

spent 2 years there during the cleanup

working with the city I met a lot of

brave people like your dad and a lot of

people who lost their lives so it's

great that you're doing this thank you

what are your what's your cost 12250

okay and you're selling M the site for

$40 how many have you sold so far 300 in

the last 3 weeks you wow thank how are

you selling them what are you doing to

how you getting that um just through

social media in our online store and

then in our living room we're all

packaging the board together writing

everyone individual thank you notes you

guys are real entrepreneurs now huh yeah

what's the money going to be used for

the $100,000 we have to renew our

tooling and then for marketing and

advertising which is like 20,000 and

then like all new cutting boards which

would be around you mean inventory yeah

so are you running the business

basically uh the three of you together

that's it you're running everything yes

so what so what over what overwhelms you

right now tell tell us why you're here

and what you're looking for on a shark

to help you with I think honestly it's

kind of hard to overwhelm the three of

us just because of like the amount of

stress that you go through just seeing

your loved one sick um and we only able

to be here because of how strong our

parents

were you know is it possible for you

just to step out in the hallway for a

second

they have inventory right I could I

could sell that off I feel heart run

right we'll get there we'll get there oh

jeez it's not that scary well I hope we

get a deal and then it'll be fun so once

this story is out obviously the units

they have will ship we just have to keep

in mind we need to take on the new part

of the business the new mold the new to

be made at a fraction of what they're

paying I would feel good with anyone

making an offer a dream right now I know

want to call back out come on

back you know the story is amazing right

obviously you have a million reasons to

be proud thank you and your father will

live on forever through each of you and

this product but rather than us fight it

all out we decided to work together

wow and so all five sharks are going to

come together which is a rarity now

we're sharks so we're going to negotiate

some pretty well never happens so we're

we're going to offer you a deal okay

$100,000 for

20% now and each one of us is going to

contribute

$220,000 and our expertise so that we

can help you and so any profits that we

earn from our 20% we going to contribute

to whatever charity your dad supported

for firemen that have been sick from

9/11 oh my God that's our

offer it's a deal

deal thank you so much thank you I know

you want to get one in every Kitchen in

America thank you Lori my God all right

thank you so much thank you now we're

still going to make you guys work yes

we're ready to work cuz I know you're

already a hard worker so it's not going

to be easy don't worry we're not here

for easy thank Cong

ex love

you awesome