Do you have what it takes to write your own story to share with the world? Are you changing your mindset and the mindset of your age band to stay up to date with the latest in awareness? Well, all that has been done by the brilliant young entrepreneur who is just 15 but is surely changing the minds of the youth one cloth stitch at a time.
Without any further, I would like to introduce you to the Founder of Spergo- a premium cloth line brand for the unisex youth. The down-to-earth, resilient, and determined young Trey brown.
Spergo at a glance.
| Business idea | Premium clothes brand based on a movement to inspire the youth. |
| Founder | Trey Brown and Sherrel Brown |
| Asked for | $300,000 for 10% |
| Accepted deal | $300,000 for 20% |
| Sharks | Daymond john |
| Business status | In business |
| Episode | Season 13 Episode 5 |
| Website | Spergo |
Index:
Founder Story:
Growing up in hardships could have shaped his personality. You could say that Trey had battled all odds due to the little ray of positivity in his life that kept him going to build this empire and sparking a movement to motivate the youth. Trey saw from the age of 12 a dream that has not let him sleep to this day. Building an empire with the able guidance of his mother. He today has made Spergo a global brand.
Having started with just one type of product line this brand has expanded its marketing strategy in a very raw manner and today there are billboards in new York city showcasing the brand.
He started selling the shirts in barber shops and doing multiple rounds around shops and on roads to sell the product every Saturday. Today the brand has expanded and couriered to every part of the country and now it’s on its way to becoming a global brand.
Did Spergo get a deal on Shark Tank?
The pitch was power packed and life-changing experience when the mother-son duo Trey and Sherrel Brown came to shark tank seeking. Explaining to the sharks about the business, movement, and his life. He surely reminded the sharks of their goals and dear ones all the same. Trey had a goal to make his mother retire soon which he succeed at the age of 13, one year after he started.
The shark Daymond is very happy with the quality of the sweatshirt and makes a remark on the logo that has been done by hand. Trey has always been a role model for the youth and showcased the positivity to stand out and be a different crowd.
The Leo sweatshirt costs $21.50 to make and sells at $170. Today his dream has come true and he has had a social presence of 71,000 followers on his company page and 89,000 followers on Instagram. With a remarkable pace up in sales, the graph signifies an upward growth. 2018 sales were $40,000 followed by 2019 sales being $170,000. 2020 saw sales of $745,000 and finally, 2021 was the cherry on the top with sales of $939,000. The aim is to reach $2.2 million by the end of the next year.
Lori says she is not the right fit for the business and she’s out. Kevin loves the product but doesn’t do clothes so he’s out. Robert has a clothing investment with 100% sales online so he cannot scale the business. Mark wants to help the young superstar and offers $300,000 for 25%. Daymond decides not to work with mark and matched the offer. Trey asks Daymond to do 20%. He agrees without hesitation and hugs the deal.
What happened to Spergo After Shark Tank?
The company saw 10,000 online orders to cater to and they had 40-60 orders a week. November saw the inauguration of the third brick-and-mortar store. The year ended like a cherry on the top of the cake. Sales for that year were a sweet $2.5 million, which means he surpassed his initial target. Completing his first milestone of making the business earn millions.
Product details:
- It is a premium clothesline brand that has taken Centre stage in New York times square.
- The company is based on the motivation to stay in the light and look at a reason to sustain positivity.
- Trey has developed hoodies and Leo sweatshirts with different designs printed on them for the unisex youth.
- The website has many product lines available from sweatshirts to hoodies and pants that all have the logo. The signature hoodie and the Omni logo hoodie and tee are for sale too.
- Today the formulation of the two chemicals of marketing the retail scape and online world has created the perfect chemical reaction.
What is the net worth of Spergo?
The net worth of this company was $1.5 million when it aired on Shark tank. Today the sales have gone through the roof and reached $2.5 million as of this year. Let the relentless energy go on and never stop.
Is Spergo still in business?
The energy of Spergo as a brand is everlasting. This world needs more businesses to be themselves out of hardships by looking at the greener side of life. The sales have peaked and are not letting go. The big audacious dream is still yet to come.
All hands are back in the drawing room and news has it that Trey may start a product line in shoes. Let’s see how long the road ahead takes to reach its final destination.
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FAQs:
What is Spergo?
Spergo is a premium clothes brand based on a movement to inspire the youth.
Who founded Spergo?
Trey saw from the age of 12 a dream that has not let him sleep to this day. Building an empire with the able guidance of his mother. He today has made Spergo a global brand.