Former college student Trevor Hiltbrand developed a concept to assist other students in maintaining attention. Trevor, like a lot of college students, was managing a lot. In addition to managing his studies, he had to socialize and attempt to get adequate sleep. He was using various vitamins to aid with his fatigue.
One day, he decided that if all the medications he was taking were in one pill, it would be simpler. Trevor established Cerebral Success in this manner. His plan was to create an add-on that would help pupils stay attentive and focused. Trevor made an appearance on Season 5 of Shark Tank. He requested $75,000 from the Sharks in exchange for a 20% stake in his business.
He hoped the Sharks would recognize the worth of his offering. The Sharks were divided on his supplement. Some questioned the morality of selling it. Some others were concerned about turning a profit. But Barbara Corcoran made the decision to make Trevor an offer. She requested $75,000 in exchange for 40% equity. Will the entrepreneur get a deal on Shark Tank? Check out our Cerebral Success update to find out!
Cerebral Success Net Worth 2024
Trevor Hiltbrand asked for a $75k investment in exchange for 20% equity in Cerebral Success. This meant he valued his company at $375,000. He made a deal with Barbara Corcoran for $75k in exchange for 40% equity, which valued his company at approximately $187,500. After the show aired, Cerebral Success saw a big increase in website traffic, sales, and social media exposure. Trevor worked with Barbara to get the product into GNC stores and rebranded it to Smart X. Despite these efforts, the company faced challenges and ceased operations in 2019. As of 2024, the net worth of Cerebral Success, now known as Smart X, is $0, as the business is no longer in operation.
Cerebral Success Shark Tank Update
Trevor made the adjustments Barbara Corcoran requested following Shark Tank. He obtained liability coverage and had the product thoroughly examined. Barbara assisted Trevor in getting his product sold at GNC. A well-known retailer of health and wellness goods is GNC. In order to appeal to a wider audience, Trevor rebranded his supplement, Cerebral Success, to Smart X.
Regretfully, the business still had difficulties despite Barbara’s assistance and the product being available in more than 1,000 stores. When the company ended in 2019, Trevor made the decision to pursue other endeavors. Cerebral Success, often known as Smart X, will no longer be offered after 2024. Trevor hasn’t renewed the product, and the company has closed its doors.
Indeed, a deal was struck by Cerebral Success on Shark Tank. Trevor requested $75k for twenty percent of his business. Barbara Corcoran offered him $75,000 after they talked about the invention, but she insisted on owning 40% of the business. Barbara refused to comply when Trevor attempted to bargain and asked to take 37% instead. Ultimately, Trevor agreed to take 40% of the business from Barbara for $75,000. Trevor agreed because he thought Barbara could contribute to the success of his invention, even if this meant Barbara would possess a bigger share of the company.
| Shark Names | Demand & Offer | Yes to the original offer | Accepted |
| Barbara Corcoran | $75,000 for 40% equity | 37% equity instead of 40%. | Yes to original offer |
| Mark Cuban | Out | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
| Daymond John | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
Cerebral Success Shark Tank Pitch
While attending college, Trevor Hiltbrand had the idea for Cerebral Success. He was having trouble staying motivated and concentrated, much like many other students. He discovered that in order to aid with his concentration, he was using a variety of vitamins. At this point, he considered taking all of the medicines in one pill. To aid students who were similar to him, he founded Cerebral Success.
His intention was to create a supplement that would support continuous focus, alertness, and productivity. Gaining customers’ trust in his goods was one of Trevor’s problems. Individuals are cautious about the supplements they take. They wish to ensure its security. Trevor had to demonstrate that his supplement was secure and beneficial for students.
In terms of a Cerebral Success update, Trevor made a precise and targeted Shark Tank pitch. He gave an explanation of how he came up with the concept of cerebral success as well as its significance. He assured the Sharks that pupils will be able to stay focused and productive with the supplement.
Trevor requested $75,000 from the Sharks in exchange for a 20% stake in his business. He clarified that the supplement was produced for $10 and sold for $70. He had made roughly sixty thousand dollars in sales at the time of his pitch.
According to Trevor, his objective was to grow the company and encourage more people to use Cerebral Success. He thought the Sharks could assist him in expanding the business and gaining more clients. Nonetheless, a few Sharks expressed worries regarding the product’s profitability.
In our Cerebral Success update research, The Sharks have a lot of questions on Cerebral Success. Daymond John questioned Trevor’s sincerity. He was curious as to why pupils would believe in him and his offering. Daymond thought it was critical that consumers have faith in the individual who created the supplement. In his opinion, Trevor lacked sufficient credibility within the health and wellness sector.
The ethics of marketing a product that kept pupils awake and attentive when they hadn’t had enough sleep worried Mark Cuban. He believed it was improper to act in this way. Robert Herjavec was also concerned about ethical reasons as well. He believed that Trevor should not be profiting from kids who are struggling to get by on little sleep.
In contrast, Kevin O’Leary found nothing objectionable about the product’s ethics. He didn’t think, nevertheless, that investing in the product would profit him. Selling it to a big audience would be difficult, in his opinion.
On the other hand, Kevin O’Leary thought that the product’s ethics were acceptable. Despite this, he didn’t believe that purchasing the product would benefit him. He felt it would be hard to sell it to a large audience. On the other hand, Kevin O’Leary thought that the product’s ethics were acceptable. Despite this, he didn’t believe that purchasing the product would benefit him. He felt it would be hard to sell it to a large audience.
But Barbara Corcoran thought otherwise. She made Trevor an offer of $75,000 for 40% of the business. She added that in order to shield the business from any potential problems with the product, Trevor needed to obtain liability insurance. Trevor agreed to this requirement but requested that Barbara accept 37% rather than 40%. Trevor eventually agreed to take Barbara at her first offer when she refused to reduce her percentage.
What Went Wrong With Cerebral Success On Shark Tank?
In regard to a Cerebral Success update, Some of the Sharks chose not to invest in Cerebral Success for a number of reasons. The morality of marketing a product that kept pupils alert and attentive when they didn’t get enough sleep was one of the key worries. Robert Herjavec and Mark Cuban were both concerned about the product’s morals.
They believed it was improper to market anything that promoted bad behaviour in pupils. The Sharks refrained from investing due to concerns over the issue of legitimacy. Daymond John said Trevor lacked credibility and sufficient experience in the supplement business. He thought that someone without experience in health and wellbeing might not be trusted by pupils.
Product Availability
The product Cerebral Success was promoted as a supplement that would strengthen the brain and help students stay concentrated and productive. Each bottle of the supplement, which came in pill form, cost $70. Trevor collaborated with Barbara Corcoran to get the product into GNC shops following the Shark Tank show. GNC is a big store that offers health-related products and supplements. Cerebral Success was offered in more than 1,000 GNC locations thanks to Barbara’s assistance.
Later on, nevertheless, the product was relaunched as Smart X. Despite its new name and expansion efforts, the enterprise encountered obstacles. By 2019, the supplement was no more available for purchase because the company had closed. By 2024, the corporation has ceased operations, and neither online nor in-store purchases of Cerebral Success or Smart X are possible.
Conclusion
When Trevor Hiltbrand made an appearance on Shark Tank, Cerebral Success got off to a great start. He made the supplement to support pupils in maintaining their alertness and focus. Following his agreement with Barbara Corcoran, Trevor put forth a lot of effort to expand the company. It was given a new name and put on sale at numerous retailers. Unfortunately, in 2019 the business closed in spite of these efforts.
The company’s difficulties were probably caused by the difficulties in the supplement industry as well as worries about the product’s morality. Even though the company is no longer in operation, Trevor’s Shark Tank experience highlighted the challenges of trying to expand a supplement company in a cutthroat industry.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
