AnyTongs is a kitchen tool that was introduced in Season 14 of Shark Tank. It’s a surprisingly simple but clever idea. It turns regular forks or spoons into multipurpose tongs.
Here’s how it works: AnyTongs has a rubberized hole that lets you attach forks or spoons to it. It has a spring-action mechanism, so it’s easy to attach to almost any eating utensil, and it’s user-friendly, even for people with weaker hands.
You can use this tool as a spatula, spoon, fork, or tong, depending on what you need. It’s a handy kitchen accessory that offers versatility and helps keep things clean.
AnyTongs is not only versatile but also practical. It’s small and light, so you can easily store it in your kitchen drawer. It has a simple but strong design, and it’s easy to clean since it’s dishwasher safe. Whether you’re grilling, baking, or cooking on the stove, AnyTongs can make the job easier.
Choosing AnyTongs is a smart move because it eliminates the need to buy separate tongs for different utensils. This saves space in your kitchen and money in your wallet. It’s an affordable solution to a common kitchen problem, offering convenience and value in one.
Plus, it’s eco-friendly because it reduces the number of utensils you need to buy and eventually throw away. AnyTongs is a useful, versatile, and budget-friendly tool that every kitchen can benefit from.
Anytongs Net Worth
During his time on the TV show “Shark Tank,” Samphel mentioned that he wasn’t fully committed to working on AnyTongs because he didn’t think it was necessary. He didn’t want to risk his family’s financial stability, neglect his loved ones, sacrifice sleep, or compromise his health for the sake of his business. Daymond John pointed out that the business wasn’t doing well enough to justify all of his attention.
However, things changed after Samphel secured an investment from John. With the financial support, he quit his job at Loop Company and gave his full focus to AnyTongs. Now, you can find AnyTongs on their official website, where they offer different package deals.
Before Samphel’s appearance on “Shark Tank” in January 2023, AnyTongs were valued at $300,000. Since teaming up with John, the company’s net worth has grown to an estimated $1 million. Customer reviews on their website show that AnyTongs have proven to be a handy kitchen tool, just as they were designed to be.
Who is AnyTongs Founder?
Tog Samphel, the person who started the company, has a degree in art and design from Montclair State University. He started his career in design because he has always loved creating products.
He used to work as a visual designer and creative director at Nintendo of America, and he had important jobs at other companies like Sourcebits Incorporations, ADP, Meta, and Loop. In these jobs, he did things like leading product design, being the main designer for user experience, and directing product development, among other roles.
What is AnyTongs Shark Tank Success Story?
AnyTongs appeared on the TV show “Shark Tank” during Season 14. Tog, the person behind AnyTongs, asked for $150,000 in exchange for 20% of his business. AnyTongs is a product that can turn regular kitchen tools into tongs. Tog, who knows about design, showed how it works and mentioned that his family comes from Tibet, where his mother used a similar method to make tongs.
They also started a Kickstarter campaign to raise $10,000, but they ended up getting $33,000. It costs them $2 to make their product, and they sell it for $19.99. Apart from the money they got from Kickstarter, they made a profit of $7,000 since 2020. They didn’t spend much on advertising, only $1 for every $7 they made. However, they had trouble keeping their products in stock because of problems caused by COVID-19.
In 2021, they made a better version of AnyTongs, called Version 2, which only cost $1 to produce. During the show, Kevin O’Leary and Robert Herjavec weren’t sure about investing. But Daymond John saw potential and offered $150,000 for a 49% share of the business, as it was still in the early stages. Even though Lori Greiner thought this was a good deal, Tog decided to go with the 49% share and agreed to Daymond’s offer in the end.
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Conclusion
In short, Anytongs made a clever attempt to change how kitchen tools work with a simple idea. They’re now worth around $1 million. The market for kitchen gadgets is growing, and AnyTongs is a good option for your kitchen. With Daymond John and the Samphel family backing them, they’re likely to get even more successful in the future.