Are you a fan of customizing a workout that suits your needs rather than the trainer’s schedule?
Ryan Ehmann is here with the solution to just that with his company Lopse 12 Inches, which not only lets you customize your workout but also gives you the freedom to choose among a variety of workshops that suit your heart rate zone.
Lose 12 Inches at a Glance:-
| Idea | Full-body exercise program |
| Founders | Ryan Ehmann |
| Asked For | $120,000 for 25% |
| Accepted Deal | $120,000 for 25% |
| Sharks | Daymond John |
| Business status | In Business |
| Episode No. | Season 4, Episode 9 |
| Buy on Amazon | Buy Now! |
Index:
What is Lose 12 Inches?
Lose 12 Inches is a startup developed by Ryan Ehmann with the aim of curing chronic back pains and providing a particular fitness routine that promises to help you burn more belly fat and calories.
Ryan has based his idea on the scientifically proven fact that exercising within your optimal heart rate zone yields the best effects on your body in minimum time.
The biggest testimony of his product is Ryan himself, who proved with his transformation that his fitness routine can work wonders if followed diligently.
The company aims to provide the best workout with any 12 types of workouts from a whole range provided by them.
Founder Story:
Ryan, the founder of Lose 12 Inches was a former rodeo cowboy from Austin, Texas.
Having suffered from multiple lower back injuries due to the extremely sporty nature of the game, Ryan decided to practice a special workout routine to get back to his healthy self.
Despite being told by thirteen doctors, that he would never be able to ride again, Ryan never lost hope and ended up becoming a certified trainer with his own gym, Cowboy Ryan’s Gym, in Loveland, Colorado.
After his successful gym venture, he started “Rodeo Abs”, a startup catering to training equipment, shifting to Lose 12 Inches after earning around $1 million from his first startup.
Did Lose 12 Inches get a deal on Shark Tank?
Ryan Ehmann enters Shark Tank with an ask of $120,000 for 25% equity in the company.
He demonstrates his product by presenting his story starting from rodeo to gym trainer and then treating his own back with his product.
He explains how his product provides a customized experience of workout and has software that helps user get the maximum efficient workout for their body.
Ryan explains his financial model to the sharks by stating that his system includes DVDs and his exercise machine( Rodeo Abs).
To prove the success of the model he also states that the product is already selling in Australia and has made $1 million in revenue.
After the presentation concludes, Sharks like Mark Cuban, Robert Herjavec, and Kevin O’Leary deem themselves out due to less understanding of the business model.
Lori praises the startup idea and Ryan’s Cowboy persona but is afraid to associate herself with the huge claims of the company.
Only Daymond John believed in both the startup and the entrepreneur and offered him $120,000 for 25% which Ryan accepted.
What happened to Lose 12 Inches after Shark Tank?
John kept his promise and the deal given on Shark Tank was completed successfully, with him not only joining Ryan as his investor but also a faithful client of his company.
With a Shark onboard, the company has been reaping massive benefits in the form of incredible reviews and revenue, though his heart rate system is yet to be evaluated.
In June 2021, Ryan rebranded his gym to Barre6 and opened a new branch in Merrick, NY, where he promises to provide an “Instagram-mable” body with just 28 minutes of workout.
He said to open multiple gyms in various locations in 2022, but as of now, there is only one gym present.
Product Details:
- Lose 12 Inches consists of an exercise machine along with an app that stimulates the exact type of workout you desire.
- It helps you reduce inches around the tummy, thighs, buttocks, and waist.
- The app lets you choose 12 workout exercises amongst a hoard of workouts.
- The company claims to cater to the workout routines within a certain heart rate zone that increases the efficiency of any workout.
- It strategically combines cardio and resistance training to target multiple body areas.
What’s the net worth of Lose 12 Inches?
Lose 12 Inches entered the tank with a demand of $120,000 for 25% equity, valuating the company to $480,000.
In the show itself, Ryan was offered the exact same offer by Daymond John which he accepted immediately. Hence, the valuation of the company remains to be $480,000
After his stint on the Show, the startup managed to amp up its revenue to $80,000 in just six weeks, reaching an annual revenue of $1 million.
The Net Worth of the company is estimated to be $500,000 as of 2023.
Who are the competitors of Lose 12 Inches?
Lose 12 Inches does not have any identifiable competitors as of now.
Is Lose 12 Inches still in business?
Yes, Lose 12 Inches is still in business, but the company has been rebranded to Barre6. The owner is planning to expand to multiple locations, but as of 2023, they are still present in one gym only.
With Daymond John by its side, the company is sure to make a multi-million dollar business.
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FAQs:
What is Lose 12 Inches?
Lose 12 Inches is a startup developed by Ryan Ehmann with the aim of curing chronic back pains and providing a particular fitness routine that promises to help you burn more belly fat and calories.
What's the net worth of Lose 12 Inches?
The Net Worth of the company is estimated to be $500,000 as of 2023.