Have you ever heard about a business that was successful? Latangela Newsome went on the show Shark Tank to present her invention – Grease Bags.
Latangela Newsome had a great idea for something that everyone found hard and messy to do: getting rid of food oil. Before, no one knew how to do it easily.
As you’ll soon find out, their efforts paid off handsomely after they presented her product on Shark Tank.
What Is The Grease Bags?
This prevents any mess or risk of grease fires in your kitchen. The bags come in a variety of sizes to accommodate all sorts of kitchen needs. They are made with biodegradable materials, so they can even be composted!
Who Is The Founder Of Grease Bags?
She had been working as a server at a restaurant that was constantly struggling with the disposal of food oil.
Latangela saw this issue as an opportunity and decided to create a solution. After months of research, Latangela came up with Grease Bags and pitched it on Shark Tank in June 2019.
Grease Bags Shark Tank Update
Latangela’s pitch on Shark Tank was a success. Barbara Corcoran, one of the investors, saw the potential in Latangela and Grease Bags.
She offered Latangela $ 150,000 for a 15 percent stake in the company. Latangela accepted the offer and after that, Grease Bags started to take off.
Grease Bags Before Shark Tank
Before Latangela went on Shark Tank, she was already selling Grease Bags online. She was able to keep the business going because people gave money to help her. This is called a Kickstarter campaign. Also, her family and friends invested in the product too. Latangela really believed in the product and it showed when she talked about it on Shark Tank.
Did Grease Bags Get a Deal on Shark Tank?
Yes! Latangela got a deal with investor Barbara Corcoran. Latangela accepted the offer of $ 150,000 for a 15 percent stake in the company. After that, Latangela’s business started to take off and Grease Bags was available online and in stores.
What Happened To The Grease Bags After Shark Tank?
Latangela was on Shark Tank and now Grease Bags are very popular. Latangela goes to shows and events around the country to tell people about Grease Bags. [1]
She also donates some of the money she makes from Grease Bags to help people in need. Latangela and Grease Bags are making the world cleaner one bag at a time!
What Is The Grease Bags Net Worth?
The exact net worth of Latangela and Grease Bags is unknown. However, Latangela was offered $ 150,000 for a 15 percent stake in the company on Shark Tank.
With this money, Latangela has been able to grow her business and make it even more successful. We can assume that Latangela and Grease Bags are doing very well financially.
Is Grease Bags Still In Business?
Yes, Latangela Newsome and Grease Bags are still in business! Latangela continues to run the company and expand the product’s reach. In addition to selling Grease Bags online, Latangela has also partnered with major retailers like Target and Walmart to sell her product in stores nationwide.
Latangela is a great example of never giving up and finding success. Grease Bags is still making a big impact on the world!
FAQ
Who is the Founder?
Latangela Newsome is the founder of Grease Bags.
Did Latangela Get a Deal on Shark Tank?
Yes, Latangela got a deal with investor Barbara Corcoran for $ 150,000 for a 15 percent stake in the company.
What Happened To Grease Bags After Shark Tank?
Latangela has been able to grow her business and make it even more successful. Grease Bags are now sold online and in major retailers like Target and Walmart. Latangela is making a big impact on the world!
Is Great Bags Available on Amazon?
Yes, Grease Bags are now available on Amazon. Latangela has worked hard to make her product available to people all over the world.
Is Latangela Still In Business?
Yes, Latangela Newsome and Grease Bags are still in business! Latangela continues to run the company and expand the product’s reach.
Grease Bags is still making a big impact on the world! Latangela is an example of never giving up and finding success.
How much does Great Bags cost?
Latangela has worked hard to make her product affordable for everyone!
How Latangela’s Idea Started?
Latangela Newsome started Grease Bags when she saw how much greasy waste was being thrown away. Latangela knew that there had to be a better way to dispose of grease and oil, and so the idea for Grease Bags was born.
Latangela then went on Shark Tank to pitch her idea and Barbara Corcoran offered Latangela $ 150,000 for a 15 percent stake in the company. Latangela accepted the offer and now Grease Bags is a successful business!
Does Latangela Donate Money?
Yes, Latangela donates some of the money she makes from Grease Bags to help people in need. Latangela is passionate about making the world a cleaner place and is using her success to give back to others.
Latangela and Grease Bags are making the world cleaner one bag at a time! Latangela is an inspiration and a great example of never giving up and finding success. Latangela is helping to make the world cleaner one bag at a time!
Do Latangela’s Receive Any Awards?
Yes, Latangela has received many awards for her success with Grease Bags.
Does Latangela Have Any Advice For Entrepreneurs?
Latangela’s advice for entrepreneurs is to never give up on your dreams. Latangela says that if you keep working hard and stay focused, anything is possible.
Latangela also believes in the power of collaboration and networking, which can help build a successful business. Latangela is an example of never giving up and finding success!
Do Latangela’s Have a Social Media Presence?
Yes, Latangela has an active social media presence. Latangela can be found on Instagram and Twitter where she shares her story and advice for entrepreneurs.
Latangela is also very active on LinkedIn where she networks with other business professionals. Latangela is a great example of how networking and collaboration can help you succeed! Latangela is an inspiration to people all over the world.
Do Latangela’s Have Any Events?
Latangela has several events planned for the future. Latangela will be hosting a virtual summit in 2021 on how to market and sell your products online.
Does Latangela Have Any Other Ventures?
Latangela has several other ventures in the works. Latangela is currently working on an app that will help people find the best deals and discounts on products and services.
Can Latangela Newsome be Hired as a Public Speaker?
Yes, Latangela is available to speak at events and conferences. Latangela can inspire people with her story of success and share her tips for starting a business. Latangela is an example of never giving up and finding success!
Which Skills Does Latangela Newsome Have?
Latangela has a wide range of skills that make her successful. Latangela is an expert in business development and marketing, with a strong understanding of research and analytics.
Latangela also has experience in networking and collaboration, which are essential for success. Latangela is an example of never giving up and finding success! Latangela is an inspiration to people all over the world.
Where Can I Learn More About Latangela Newsome?
You can learn more about Latangela’s story on her website, Latangelanewsome.com. Latangela also has a blog where she shares her experience as an entrepreneur and her advice for success.
Do Latangela’s Have Any Partnerships?
Yes, Latangela has partnerships with many organizations. Latangela partners with the United Nations Environment Program to help promote sustainability and reduce waste.
Is Latangela Newsome Available for Interviews?
Yes, Latangela is available for interviews. Latangela loves to share her story and advice with people who are interested in learning more about her entrepreneurial journey.
Which Organizations Does Latangela Newsome Support?
Latangela helps many causes and organizations like the United Nations Environment Program, the NAACP Legal Defense Fund, and Feeding America. She also works with stores to offer discounts on her products. Latangela never gave up and found success
How Can I Follow Latangela Newsome On Social Media?
You can follow Latangela on Instagram, Twitter, and Facebook. Latangela also maintains a blog where she shares her experience as an entrepreneur and her advice for success.
Are Latangela’s Products Available in Stores?
Yes, Latangela’s products are available for purchase in stores across the United States. Latangela also offers discounts through her website and partners with local businesses to provide even more savings.
When Did Latangela Newsome Appear on Shark Tank?
Latangela appeared on the eighth season of ABC’s hit show, Shark Tank. Latangela pitched her innovative grease bags product and received an investment from Mark Cuban and Lori Greiner.
Latangela is an example of never giving up and finding success! Latangela is an inspiration to people all over the world. Latangela will help to motivate and inspire people with her story!
Useful Video: Grease Bags – Eco-Friendly Grease and Oil Disposal
Conclusion
Grease Bags was a risky business at first. But after they were on Shark Tank, they made lots of money. They started with $ 10,000 and now make $ 100,000 each month!
People from all over like Grease Bags and it is sold in stores like Walmart. It is an inspiring story for entrepreneurs everywhere.
Grease Bags started as a simple solution, but now it is helpful to many people. We hope that Grease Bags will keep inspiring others to follow their dreams. If you want to help, go to the Grease Bags website today!
References:
- https://biznewske.com/grease-bags-shark-tank-update/