I Want To Draw A Cat For You Net Worth Shark Tank Update 2025

Steve Gadlin created the company “I Want to Draw a Cat for You” to make custom cat drawings for cat lovers. He wanted to offer people a quirky way to celebrate their love for cats. Customers describe their cats to Steve and he draws them for only $9.95. After the drawings are done, he posts them on his website for everyone to see. People also ask him to draw cats that have passed away or make up funny stories for Steve to draw.

Steve thought this would be a fun way for people to connect with their pets in a personal way. When he entered Shark Tank Season 3 Steve had high hopes for the future of his business. He wanted to take his art to the next level and expand into greeting cards. Will the entrepreneur get a deal on Shark Tank? Check out the I Want To Draw A Cat For You update to find out!

I Want To Draw A Cat For You Net Worth Shark Tank Update 2025

Steve Gadlin went on Shark Tank asking for $10,000 for 25% of his company. This meant he thought his business was worth $40,000. He made a deal with Mark Cuban for $25,000 for 33%, raising the valuation to about $75,000. The episode was aired on January 13, 2012. The quirky custom drawing business is still active on a limited basis, taking occasional special orders. Using the default 10% yearly growth method, the current net worth of I Want to Draw a Cat for You is estimated to be around $200,000 in 2025.

After appearing on Shark Tank “I Want to Draw a Cat for You” did really well. Steve made a deal with Mark Cuban for $25,000 in exchange for 33% equity in the company. Since the show aired, the business has grown a lot. Steve is now booked out a year in advance with orders for his cat drawings. His business became so popular that he raised the price of his drawings to $25 each.

Steve is still drawing cats today and his service remains in high demand. He even took a break from drawing cats for a while to work on a TV show. However, Steve returned to his business and it continues to thrive. Today, people can still visit his website to buy their own custom cat drawings. The company is still in business and is doing well in 2024.

Yes Steve Gadlin did get a deal on Shark Tank. Mark Cuban offered him $25,000 for 33% equity in the business. This was a higher offer than Steve had originally asked for. Steve wanted $10,000 for 25% equity. Mark saw the potential in Steve’s business and knew that he could help it grow. Steve was happy with the deal.

He accepted Mark’s offer and even asked Mark to contribute a cat drawing at specific intervals. Mark agreed to this request and they shook hands. Steve’s pitch was entertaining and unique, and Mark Cuban saw that Steve had a creative idea that could succeed. After the deal was made Steve’s business took off and he became quite successful.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Barbara Corcoran	out	N/A	N/A
Robert Herjavec	Out	N/A	N/A
Kevin O’Leary	Out	N/A	N/A
Daymond John	Out	N/A	N/A
Mark Cuban	$25,000 for 33% equity	N/A	Yes

I Want To Draw A Cat For You Shark Tank pitch

Steve Gadlin’s journey to creating I Want to Draw a Cat for You began with his love for art and cats. As an artist, Steve always enjoyed drawing. He combined his passion for drawing with his love for cats. This led him to create a unique and fun business. Steve knew there was a market for custom cat drawings. Many people love their pets and want something special to remember them by.

The idea of creating a personalized drawing was exciting. It allowed Steve to connect with cat owners in a fun and meaningful way. In the early stages, Steve faced many challenges. He had to figure out how to build a website where people could easily place orders. 

He also had to learn how to market his service and find customers. At first, the business was small. But Steve was determined. He kept working hard to improve his website and the quality of his drawings. He knew that with time his business could grow. Steve also faced the challenge of handling a high volume of orders. As his business became more popular, Steve had to find ways to manage the demand.

He started out doing everything himself but soon realized he needed help. The challenges were tough but Steve’s dedication kept him moving forward. His hard work paid off when he landed the opportunity to pitch his business on Shark Tank.

Steve’s pitch on Shark Tank was entertaining and creative. He began by singing a funny song and dancing, which immediately grabbed the Sharks’ attention. His unique approach to presenting his business made everyone laugh. Steve explained that he would create custom drawings of cats for just $9.95. The process was simple. Customers would describe their cat, and Steve would draw it for them.

He also mentioned that some customers asked for drawings of cats that had passed away. This made the drawings even more special and meaningful. Steve explained that sometimes people made up wild and funny stories about their cats. 

These stories would inspire Steve’s drawings. Steve also shared his plan to expand the business. He wanted to offer greeting cards featuring his cat drawings. He hoped to hire a team in the future to help with the growing demand. Steve’s business was still small, but it had great potential. He had already sold over 1,200 cat drawings in the first year.

Steve hoped that an investment would help him expand and build a larger platform. He asked the Sharks for $10,000 in exchange for 25% equity in his business.

As Steve continued his pitch, the Sharks started to ask questions. Robert Herjavec was the first to ask about sales. He wanted to know how much money Steve had made from his drawings. Steve explained that he had sold over 1,200 drawings in about a year. This was impressive, but Robert still had concerns. He wanted to know how Steve planned to grow the business. Steve explained that he had experience as a web developer.

He planned to use his skills to build a more robust e-commerce platform. He also hoped to expand into greeting cards and hire a team to help with the demand. Kevin O’Leary also had concerns about the profitability of the business. He thought the profit margins were too small to attract a large investment. Kevin didn’t see enough potential for a big return on investment. 

He decided not to make an offer. Robert also passed on the deal because he didn’t think the business would grow enough to make a significant profit. Mark Cuban was the next Shark to speak. He immediately saw the potential in Steve’s business. He believed that the company could grow with the right investment in PR. Steve mentioned that he had experience working with Groupon in the past, which helped him grow the business.

Mark was confident that Steve had the right mindset to succeed. He offered Steve $25,000 for 33% equity in the business. This was a higher offer than Steve had asked for but Steve was excited. He was impressed by Mark’s offer and immediately accepted.

Mark Cuban’s offer was the highlight of the pitch. Steve was amazed by the offer and accepted it right away. However, Steve had one additional request. He asked Mark if he would contribute a cat drawing at specific intervals. Mark agreed to this request without hesitation. The deal was made and the two shook hands.

Steve was thrilled to have Mark on board. Mark’s experience and business acumen would be invaluable to the growth of I Want to Draw a Cat for You. With Mark’s help, Steve’s business had the potential to grow into something even bigger.

What Went Wrong With I Want To Draw A Cat For You  On Shark Tank?

Not all the Sharks were interested in investing in I Want to Draw a Cat for You. Kevin O’Leary and Robert Herjavec both passed on the deal. Kevin didn’t think the business would generate enough profit to be worth the investment. Robert also didn’t think the business had enough growth potential. They both decided not to make an offer.

Daymond John and Barbara Corcoran also passed on the deal for various reasons. However, Mark Cuban saw the potential in the business. He believed in Steve’s creativity and saw an opportunity to help him grow.

Product Availability

I Want to Draw a Cat for You is available online through its website. The website allows customers to place orders for custom cat drawings. The process is simple and easy to follow. Customers can describe their cat in detail and Steve will create a personalized drawing.

Steve’s drawings are unique and fun. They capture the personality of each cat in a playful and creative way. The drawings are priced at $25 each. Customers can also purchase greeting cards featuring Steve’s cat drawings. The website is easy to navigate, and the ordering process is quick and efficient.

Conclusion

I Want to Draw a Cat for You is a fun and creative business that continues to thrive. Steve Gadlin’s pitch on Shark Tank led to a deal with Mark Cuban. The business grew rapidly after the show and is now booked out a year in advance. Steve’s drawings are more popular than ever, and the business has expanded into greeting cards.

Although the business had some challenges in the beginning, Steve’s determination and creativity led to success. I Want to Draw a Cat for You is still in business today and continues to offer its unique and fun service to cat lovers everywhere.