For many people, finding the drive to work out daily might be difficult. It might be challenging to stay active because of hectic schedules, the routine of standard fitness schedules, or just not enjoying the process. People are always looking for interesting, enjoyable ways to get in shape that don’t feel like work. This is where Billy Blanks Jr.’s creative fix is useful.
Billy Blanks Jr. realized this issue and developed Dance With Me, a dance-based fitness program that uses a variety of dance forms to make training fun. In contrast to his father, Billy Blanks Sr., who gained fame for his hard Tae Bo exercises, Billy Jr. aimed to provide a fitness program that anybody could take part in, regardless of fitness ability. His plan combined happiness with physical conditioning.
Billy made his Dancing With Me program pitch on Shark Tank, hoping to raise money to expand his company. Billy presented the program in the tank with his spouse and a group of participants. He asked for $100,000 for 20% equity in dance with me. Did the entrepreneur get a deal on Shark Tank? Check out our Billy Blanks Jrs Dance With Me update to find out!
Billy Blanks Jr Dance With Me Net Worth
Billy Blanks Jr. asked for a $100k investment in exchange for 20% equity in his company, Dance With Me. This meant he valued his company at $500,000. He made a deal with Daymond John and Mark Cuban for $100k in exchange for 50% of his company, contingent on a deal with Zumba. This new deal valued his company at $200,000. After the show aired, Dance With Me was rebranded as Dance It Out, and the program saw significant growth, including a TV show on Lifetime and expansion through live classes, DVDs, and online programs. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Dance It Out in 2024 is about $518,748.
Billy Blanks Jr Dance With Me Shark Tank Update
As for a Billy Blanks Jrs Dance With Me Update, the program grew significantly after it appeared on Shark Tank. After a while, the program was renamed Dance It Out, and it became very popular.
Billy kept encouraging people to dance and stay active all around the world. In fact, because of the program’s success, Billy could land his own Dance It Out TV show on Lifetime, where he still shares dancing and fitness with the public.
Billy’s dance-based workout routines are still helping individuals remain in shape and have fun as of today. He travels with his routines, doing live appearances and sharing his philosophy of enjoyable, approachable exercise.
Yes, Billy Blanks Jr. secured a deal on Shark Tank. Billy received a $100,000 offer from Daymond John and Mark Cuban in exchange for a 50% equity in the Dance With Me. After some negotiation and clarity regarding Zumba’s position in the deal, Billy eventually accepted the deal.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Mark Cuban and Daymond John | $100,000 for 50% equity + contingent on dealing with Zumba | N/A | Yes |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Billy Blanks Jr Dance With Me Shark Tank Pitch
Billy Blanks Jr. was raised in a family that valued fitness since his father founded the well-known exercise regimen Tae Bo. Billy Jr. didn’t connect with his father’s boot camp-style method. Rather, he aimed to produce something that was more approachable and enjoyable for all. His love of dancing and his goal to make training enjoyable served as his sources of inspiration.
While they were homeless, Billy and his wife founded the Dancing With Me program. They had faith in the concept of a fitness routine centered on dancing, even in the face of financial difficulties. Even though their path was difficult, they continued because they were committed to using movement to spread joy.
Billy gave a dynamic presentation of the Dance With Me program to kick off his Shark Tank pitch. Billy got the sharks moving with his wife and a group of participants, showing them that dancing might be an enjoyable and practical means of maintaining a healthy weight. Besides asking for 20% ownership in the company for $100,000, he clarified that his goal was to grow his instructor certification program besides increasing DVD sales.
Although the DVDs were clearly selling well, he made it obvious that his primary goal was expanding the certification side of the company so that more instructors could provide the program all over the world. Keep reading our Dance With Me update to see what happens next!
Kevin O’Leary expressed doubts about Billy’s need for funding to introduce the product to the market, but Billy stated that sales of the product were already good. The money was necessary for him to enroll in his instructor certification program.
When Robert Herjavec inquired about the DVD’s earnings, Billy could not provide precise numbers because the product had only recently been introduced to the market.
Billy agreed when Daymond John asked whether he would join the certification scheme with his consumer DVD business.
Barbara Corcoran chose not to make an offer because she appreciated Billy’s enthusiasm but was uncertain about the business plan.
Robert Herjavec and Kevin O’Leary also declined since they couldn’t see how they might improve and grow Dance With Me.
But Daymond John and Mark Cuban recognized Billy’s potential and his brand. They made an offer of $100,000 for 50% of the ownership, subject to a distribution agreement with Zumba.
At first, Billy wasn’t sure about the Zumba arrangement, but Daymond convinced him of the advantages of the collaboration, so Billy agreed to it.
Product Availability
From our Dance With Me update research, it was relaunched as Dance It Out. The Dance It Out program by Billy Blanks Jr. is still readily accessible today. The curriculum is available on DVDs, online, and in live classes. Billy is still traveling the country with his fitness regimen as part of the Dance It Out tour, and his Dance It Out television series on Lifetime encourages viewers to stay active through dancing. The Dance It Out website contains additional information, and online retailers such as Amazon are selling the program.
Conclusion
Billy Blanks Jr. had an amazing experience on Shark Tank. He was really passionate about dancing and fitness, and even though he was hesitant at first, he could get a deal with Daymond John and Mark Cuban. Since then, his program has been a huge success, growing across multiple media and relaunched as Dance It Out.
Billy’s experience serves as a reminder that patience and faith in your product may lead to success even in the face of difficulties, be they financial difficulties or difficult business decisions. Dance It Out has a bright future ahead of it as more individuals come to appreciate the joys of dancing while staying in shape.
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.