Who is Blake Mycoskie from Shark Tank?

Who is Blake Mycoskie from Shark Tank?

Shark Tank is one of the most popular shows on television right now. It is a show about entrepreneurs who pitch their business ideas to a panel of investors, or “sharks”. One of the most successful entrepreneurs on the show is Blake Mycoskie.

Blake Mycoskie is the founder of Toms Shoes, a company that gives a pair of shoes to children in need for every pair sold. He is also the creator of the “One for One” business model. In season 12, he appeared on Shark Tank as a Guest Shark and made a deal with Barbara Corcoran [1].

In this blog post, Shark Tank fans will discuss his life and career, and find out what makes him so successful.

The Biography

Blake Mycoskie was born in Arlington, Texas in 1976. He is the eldest of three boys. His father, Lewis Mycoskie, was an orthopedic surgeon and his mother, Pam Mycoskie, was a schoolteacher.

He attended boarding school at St. Andrews Episcopal School in Austin, Texas. After high school, he studied at Occidental College in Los Angeles for two years before transferring to Southern Methodist University (SMU) in Dallas.

The Biography

In 1998 he dropped out of SMU to start his first business: a magazine called Paige Pool Builders. The company quickly failed and Blake was left with $100,000 of debt.

In 2001, Blake took a break from business to travel to Argentina. It was there that he had the idea for Toms Shoes. He noticed that the Argentinean children were running around without shoes, and he decided to start a company that would give shoes to children in need.

He called his mother and told her about the idea, and she suggested he call it “Toms” after the Spanish word “tomorrow”. And so Toms Shoes was born [2].

The company started out small, but it quickly grew. In 2006, Blake appeared on The Oprah Winfrey Show and gave away 500 pairs of shoes. The following year, he gave away 100,000 pairs of shoes. Today, Toms Shoes has given away over 60 million pairs of shoes to children in need.

In addition to Toms Shoes, Blake has also started other businesses. He is the co-founder of the food delivery service MealEnders, and the author of two books: Start Something That Matters and The Power of Broke.

He is also a philanthropist and an investor. He has invested in companies like Airbnb, Twitter, and Uber. 

Blake Mycoskie is a successful entrepreneur who has made a difference in the world. He is proof that one person can make a difference. If you have an idea that you believe in, don’t be afraid to pursue it.

Interesting Facts about Blake:

1) Blake Mycoskie was Mr. Tennessee in 2000

The title of sexiest bachelor in America is given to the 51 bachelors who compete for cash and prizes worth $100,000 in this reality show competition. The male contestants wear swimsuits and suits, and a talent contest, as well as a question-and-answer session, are held.

Mr. Tennessee was a title held by Blake. In an article from SMU’s Daily Campus, he addressed his participation. “It was a bet”, Blake said. “I lost a bet to one of my Kappa Sigma brothers, and part of the forfeit was that I had to compete in this contest”, he added [3].

Blake Mycoskie was Mr. Tennessee in 2000

2) How Amazing Race lead to Toms Shoes

In an interview with Forbes, Blake talks about how his experience on The Amazing Race led him to start Toms Shoes. “When I was running the first marathon, I realized that my shoes were giving me blisters and I had to put duct tape on them”, he said. “At the same time, I noticed all these people around the world running in bare feet. And it just sort of struck me”, he added.

What Is Blake Mycoskie’s Net Worth?

Blake Mycoskie is a business magnate, philanthropist, and author with an estimated net worth of $300 million [4]. He is the founder of Toms Shoes, a company that gives shoes to children in need. He is also the co-founder of MealEnders, a food delivery service. In addition to his businesses, Blake has also written two books: Start Something That Matters and The Power of Broke.

What makes Blake Mycoskie so successful?

First, he is a great storyteller. He is able to share his vision for Toms Shoes in a way that resonates with people.

What makes Blake Mycoskie so successful?

Second, he is passionate about his work. He genuinely cares about making a difference in the lives of children around the world.

Third, he has built a strong team of people who share his vision and are passionate about their work. 

Fourth, he is always learning and evolving. He is constantly looking for ways to improve his business and himself.

Fifth, he takes risks. He was not afraid to quit his job and start his own business, even though it was a risk.

And lastly, he is persistent. He did not give up when his first business failed. He kept going and eventually found success.

Blake Mycoskie is an inspiration to entrepreneurs everywhere. He has shown that it is possible to build a successful business while making a difference in the world. If you are thinking about starting your own business, take some time to learn from Blake Mycoskie’s example.

FAQ

Does Blake still own Toms?

In 2014, Blake Mycoskie sold half of the company he had founded, Toms Shoes, to Bain Capital for $625 million, stepping down as CEO in the process [5].  He remains on the board of directors and is still very involved in the company.

Mycoskie has said that he plans to use the money from the sale to start a new philanthropic venture, called The for Good Foundation.

Who is the richest guest on Shark Tank?

Richard Branson, the founder of the Virgin Group and a philanthropist who has authored books on business, is the world’s richest guest Shark Tank shark with a net worth of $3.9 billion [6]. He has appeared as a guest shark on three episodes of the show.

Is Blake Mycoskie married?

In 2010, in Montauk, New York, Mycoskie met his future wife, Heather Lang. The couple became engaged in 2012 and married on October 26, 2013, in Santa Monica. The wedding was officiated by Tony Hsieh, the CEO of Zappos.com [7].

Where did Blake Mycoskie go to college?

Blake Mycoskie attended Southern Methodist University and graduated with a bachelor’s degree in business administration in 1998.

Where is Blake Mycoskie from?

Blake Mycoskie is from Arlington, Texas.

Where did Blake Mycoskie go to high school?

Blake Mycoskie went to St. Stephen’s Episcopal School in Austin, Texas.

Is Blake Mycoskie a social entrepreneur?

Yes, Blake Mycoskie is a social entrepreneur. He is the founder of Toms Shoes, a company that gives shoes to children in need. He is also the co-founder of MealEnders, a food delivery service.

What did Blake Mycoskie do before TOMS?

Mycoskie’s first business was a laundry service called EZ Laundry, which he started while he was in college. He later sold the company and used the money to start Mycoskie Media, a marketing company. He also founded The Thread, a social networking site for college students.

Useful Video: Blake Mycoskie, Founder of TOMS | The Brave Ones

References:

  1. https://abc.com/shows/shark-tank/cast/blake-mycoskie
  2. https://en.wikipedia.org/wiki/Blake_Mycoskie
  3. https://www.realityblurred.com/realitytv/2021/01/blake-mycoskie-shark-tank-amazing-race
  4. https://www.celebritynetworth.com/richest-businessmen/blake-mycoskie-net-worth
  5. https://www.barrons.com/articles/20-minutes-with-toms-shoes-founder-blake-mycoskie-whose-new-company-takes-aim-at-physical-and-mental-health-01595876964
  6. https://startupmindset.com/shark-tank-net-worth-1
  7. https://www.therealitytv.com/blake-mycoskie-wife