Welcome to our article on Cerebral Success, the brain supplement that made a splash on Shark Tank. In this section, we’ll explore the founder of Cerebral Success, the net worth of the company, and the investment made on the show. Let’s dive in!
Key Takeaways:
- Cerebral Success appeared on Shark Tank with founder Trevor Hiltbrand seeking a $75,000 investment for a 20% stake in the company.
- Barbara Corcoran offered the investment, and Cerebral Success was valued at around $190,000 at the time.
- The current net worth of Cerebral Success is unknown, but Trevor Hiltbrand has a net worth of $21 million.
What is Cerebral Success? Who Founded Cerebral Success?
Cerebral Success is a brain supplement that utilizes the power of 12 nootropic substances to naturally enhance attention and memory. Designed to support cognitive function, Cerebral Success provides a boost of mental energy and alertness.
The visionary behind Cerebral Success is Trevor Hiltbrand, the founder of the company. Trevor’s journey began during his time as an intern at a start-up, following his graduation from Brigham Young University. With a Bachelor of Science in Finance, Trevor combined his passion for business and neuroscience to create a formula that promotes optimal brain performance.
Trevor dedicated extensive research and collaborated with experts in the field to develop Cerebral Success. He carefully selected a blend of 12 powerful nootropic ingredients, each with its unique benefits for brain health and cognitive enhancement. This scientifically formulated supplement aims to improve focus, memory, and overall cognitive function.
“Cerebral Success is the result of my relentless pursuit to unlock the incredible potential of the human brain. Through my extensive research and collaboration with experts, I curated a powerful blend of nootropic substances to help individuals unleash their cognitive capabilities.” – Trevor Hiltbrand
The Power of Nootropic Supplements
Nootropic supplements, such as Cerebral Success, have gained popularity as individuals seek safe and natural ways to optimize brain function. These supplements contain ingredients that have been scientifically proven to enhance cognitive abilities, improve focus, and boost memory.
With Cerebral Success, users can expect to experience improved mental clarity, heightened concentration, and increased productivity. These brain-boosting benefits make it a favored choice for students, professionals, and anyone looking to unlock their full mental potential.
Trevor Hiltbrand’s Journey Beyond Cerebral Success
Although Trevor Hiltbrand resigned from Cerebral Success in 2019, his entrepreneurial spirit continued to thrive. He currently serves as the CEO of a successful Utah-based company specializing in DIY solar panel installations. Trevor’s drive for innovation and making a positive impact extends beyond the world of brain supplements.
| Company | Industry | Specialization |
|---|---|---|
| Trevor’s Solar Solutions | Renewable Energy | DIY Solar Panel Installations |
Although Trevor’s focus has shifted, his dedication to empowering individuals and enhancing their lives remains steadfast. His entrepreneurial journey showcases a testament to his unwavering pursuit of success and his desire to make a meaningful impact on the world.
Stay tuned for the following sections to delve deeper into Cerebral Success’s Shark Tank pitch, its success story, and its current status.
Cerebral Success Shark Tank Pitch
In his Shark Tank pitch, Trevor Hiltbrand presented Cerebral Success as a promising brain supplement with the potential to revolutionize cognitive enhancement. Seeking a $75,000 investment, Trevor offered a 20% equity stake in his company.
While Trevor lacked scientific evidence to support his claims, he emphasized the positive feedback received from satisfied customers and highlighted the impressive sales of 900 bottles of Cerebral Success.
“I’ve seen firsthand the impact Cerebral Success has on individuals looking to boost their mental performance. This product is already making a difference in people’s lives, and with the right investment, it can reach even greater heights,” Trevor passionately expressed during his pitch.
Barbara Corcoran, impressed by the product’s potential, made Trevor an offer that aligned with his initial request. She proposed a $75,000 investment for a larger 40% equity stake, valuing Cerebral Success at $187,500.
Trevor carefully considered the offer and ultimately accepted Barbara’s deal, eager to partner with her experience and industry connections. The successful pitch marked an important milestone for Cerebral Success and set the stage for future growth and success.
Cerebral Success’s Success and Business Update
After closing the deal with Barbara Corcoran on Shark Tank, Cerebral Success experienced a significant boost in revenues, doubling within days. The product’s success caught the attention of Shark Tank fans and was featured on Barbara’s all-star update, where she invited her most successful entrepreneurs to network and have fun.
“Cerebral Success is a prime example of a Shark Tank success story, with its impressive revenue growth and recognition on the all-star update,” said Barbara Corcoran. “The product’s unique formulation and Trevor’s dedication to quality made it a standout investment.”
However, despite its initial success, Cerebral Success faced challenges that eventually led to its closure in 2019. The product is no longer available in the market.
Stay tuned for more updates on other Shark Tank success stories and business successes.
Cerebral Success’s Key Milestones
| Milestone | Date |
|---|---|
| Appeared on Shark Tank | April 2014 |
| Valuation on Shark Tank | Around $190,000 |
| Investment on Shark Tank | $75,000 for 40% equity stake |
| Revenue Doubled | Within days of the deal |
| Featured on Barbara’s all-star update | After the deal |
| Business Closure | 2019 |
Cerebral Success Net Worth
Despite its success on Shark Tank, the net worth of Cerebral Success is unknown as of 2023 since the company is no longer in operation. However, when the company appeared on the show, it was valued at approximately $190,000, which gives us an idea of its worth at that time.
While we don’t have the exact figures for Cerebral Success’s net worth currently, it’s essential to note that the valuation on Shark Tank provides some insight into its value during its active period. The $190,000 valuation underscores the potential and promise that the company demonstrated during their appearance on the show.
| Year | Company Valuation |
|---|---|
| 2014 (Shark Tank appearance) | $190,000 |
Cerebral Success’s valuation at $190,000 signifies the perceived worth of the company at the time it showcased its product on Shark Tank. While the net worth remains unknown today, it’s clear that the company had garnered attention and interest, leading to its valuation on the show.
Cerebral Success Competitors
When it comes to brain supplements, Cerebral Success faces tough competition from several prominent brands in the market. These competitors offer similar products that claim to enhance cognitive function and improve mental performance. Let’s take a closer look at some of Cerebral Success’s top competitors:
These competitors pose a challenge to Cerebral Success in capturing the market share for brain supplements. Each brand offers its unique formulas and products that claim to deliver results. The choice ultimately depends on individual preferences and desired outcomes. It’s essential to consider customer reviews, scientific research, and personal needs before selecting the brain supplement that works best for you.
| Competitor | Key Features | User Reviews | Price Range |
|---|---|---|---|
| CustomVite | Personalized formulas, high-quality ingredients | 4.5/5 | $30 – $50 |
| Corr-Jensen (AbCuts) | Backed by scientific research, targeted support | 4.2/5 | $20 – $40 |
| Elivar | Designed for athletes, mental focus and energy | 4.7/5 | $40 – $60 |
| PepPod | Convenient and portable, quick cognitive support | 4.1/5 | $25 – $35 |
Cerebral Success Updates
After appearing on Shark Tank, Cerebral Success underwent a rebranding and was renamed Smart X by Cerebral Success. The new branding aimed to convey the product’s smart and effective qualities, emphasizing its ability to enhance cognitive function and mental performance.
However, as of 2023, there have been no recent updates on the status of Cerebral Success or Trevor Hiltbrand’s current business ventures. It is unclear whether Smart X by Cerebral Success is still available in the market or if Trevor has moved on to other endeavors.
While the rebranding showcased the company’s dedication to innovation and growth, the lack of recent updates leaves consumers and followers of Cerebral Success curious about its current state and future plans.
“Introducing Smart X by Cerebral Success – the next level of cognitive enhancement. Experience improved focus, mental clarity, and productivity. Unlock your true potential with Smart X.”
What is Cerebral?
Cerebral Success is a brain supplement designed to increase mental energy and overall alertness. Formulated by Trevor Hiltbrand, the product combines the power of 12 major nootropic ingredients that have been clinically shown to enhance brain function.
Through extensive research and collaboration with experts in the field, Trevor developed the formula for Cerebral Success, aiming to provide individuals with a natural and effective way to enhance their cognitive abilities.
Whether you need a mental boost to improve focus at work, study effectively for exams, or simply stay sharp throughout the day, Cerebral Success brain supplements can help support your cognitive function and boost mental performance.
By incorporating carefully selected ingredients that have been shown to positively impact brain health, Cerebral Success aims to provide a safe and reliable solution for those looking to optimize their mental capabilities.
Experience enhanced mental clarity, increased productivity, and improved cognitive performance with Cerebral Success brain supplements.
Stay tuned for the next section, where we will explore what happened to Cerebral Success after the Shark Tank deal, including any updates on FDA clearance, closure, and the current status of the brand.
What Happened to Cerebral Success After the Shark Tank Deal?
After striking a deal on Shark Tank, Cerebral Success experienced a period of success, with its product being distributed in GNC stores across the United States. However, the company faced significant hurdles that ultimately led to its closure in 2019. Two key factors contributed to the downfall of Cerebral Success: challenges with FDA clearance and the discovery of unethical practices.
The FDA clearance process is crucial for ensuring the safety and efficacy of dietary supplements. While Cerebral Success initially gained popularity and secured its place in retail stores, it failed to obtain the necessary FDA clearance for its product. This lack of clearance raised concerns among consumers, leading to a loss of trust and credibility for the brand.
Additionally, unethical practices within the company further harmed its reputation. These practices, which include deceptive marketing tactics and false claims, undermined the credibility of Cerebral Success and eroded consumer confidence in the product. Such practices not only violated ethical standards but also jeopardized the well-being of customers who relied on the supplement for cognitive enhancement.
As a result, Cerebral Success closed its doors, and the product is no longer available for purchase. The closure serves as a reminder of the importance of transparency, ethical business practices, and compliance with regulatory standards within the supplement industry.
The Decline of Cerebral Success – Key Factors:
While the exact impact of the Shark Tank deal on Cerebral Success’s trajectory is difficult to quantify, it is undeniable that the challenges with FDA clearance and unethical practices played a significant role in the company’s ultimate closure. Despite the initial boost in sales and distribution, these detrimental factors proved insurmountable for Cerebral Success.
How Did the Shark Tank Deal Affect Cerebral Success Sales?
The specific impact of the Shark Tank deal on Cerebral Success’s sales is unclear. While Barbara Corcoran’s investment helped the product get into GNC stores and initially increased sales, there is no available data on the long-term effect of the deal on the company’s sales figures.
Key Takeaways:
- Barbara Corcoran’s investment facilitated Cerebral Success in gaining shelf space in GNC stores.
- The initial buzz from appearing on Shark Tank likely boosted sales temporarily.
- However, without concrete sales data, it is challenging to determine the lasting impact of the deal.
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What is the Current Status of Smart X by Cerebral Success?
As of 2023, the current status of Smart X by Cerebral Success remains uncertain. The company’s operations appear to have ceased, as there is no official website or presence of the product on major online retailers. In addition, the company’s social media accounts have been inactive since 2018, further indicating a lack of ongoing activity.
Despite its previous success and appearance on Shark Tank, Smart X by Cerebral Success seems to have faced challenges in sustaining its business. The reasons behind the company’s closure and the discontinuation of its product are not fully known, as there is limited information available.
While Cerebral Success was once a prominent brain supplement brand, offering a formula designed to enhance mental energy and alertness, it appears that its journey has come to an end. Consumers seeking Smart X or other products from Cerebral Success may need to explore alternative options in the brain supplement market.
FAQ
What is Cerebral Success? Who Founded Cerebral Success?
Cerebral Success is a brain supplement designed to increase mental energy and overall alertness. It contains 12 major nootropic ingredients that have been clinically shown to enhance brain function. Trevor Hiltbrand, a graduate of Brigham Young University with a Bachelor of Science in Finance, founded Cerebral Success.
What happened to Cerebral Success after the Shark Tank deal?
After the Shark Tank deal, Cerebral Success experienced some success and was distributed in GNC stores across the United States. However, the company faced challenges with FDA clearance and unethical practices, leading to its eventual closure in 2019. The product is no longer available for purchase.
How did the Shark Tank deal affect Cerebral Success sales?
The specific impact of the Shark Tank deal on Cerebral Success’s sales is unclear. While Barbara Corcoran’s investment helped the product get into GNC stores and initially increased sales, there is no available data on the long-term effect of the deal on the company’s sales figures.
What is the current status of Smart X by Cerebral Success?
As of 2023, there is limited information available about the current status of Smart X by Cerebral Success. The company appears to have ceased operations, with no official website, no mention of the product on major online retailers, and inactive social media accounts since 2018.
What is Cerebral Success’s net worth?
The net worth of Cerebral Success is unknown as of 2023 since the company is no longer in operation. However, the company was valued at around 0,000 when it appeared on Shark Tank, indicating its worth at that time.
Who are Cerebral Success’s competitors in the brain supplement market?
Cerebral Success’s top competitors in the brain supplement market include CustomVite, Corr-Jensen (AbCuts), Elivar, and PepPod.
What are the updates on Cerebral Success?
After appearing on Shark Tank, Cerebral Success went through rebranding and became Smart X by Cerebral Success. However, as of 2023, there are no recent updates on the status of Cerebral Success or Trevor Hiltbrand’s current business ventures.
What is Cerebral?
Cerebral is a brain supplement designed to increase mental energy and overall alertness. It contains 12 major nootropic ingredients that have been clinically shown to enhance brain function. The formula for Cerebral was developed by Trevor Hiltbrand, the founder of Cerebral Success.
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