NERDiT NOW Shark Tank

NERDiT NOW Shark Tank – Founder, Net Worth, and Investment

NERDiT Now is a service-based business founded in 2015 by Markevis Gideon. It specializes in the repair and resale of computer, mobile, and electronic devices. The company’s vision is to create a technology ecosystem that promotes donation, repair, and recycling. NERDiT Now appeared on Shark Tank Season 11 Episode 5, where they pitched their business and asked for $150,000 for 20% equity. Unfortunately, they did not secure a deal with the sharks.

NERDiT NOW Shark Tank

Key Takeaways:

  • NERDiT Now specializes in the repair and resale of computer, mobile, and electronic devices.
  • Markevis Gideon is the founder of NERDiT Now.
  • During their Shark Tank pitch, NERDiT Now asked for $150,000 for 20% equity but did not secure a deal.
  • Despite the challenges faced, NERDiT Now has continued to thrive and make a positive impact.
  • Success is not solely determined by investment deals but by perseverance, innovation, and a strong vision.

What Is NerdiT Now?

NerdiT Now offers a range of repair and resale services for mobile, computer, and electronic devices. With their expertise in mobile device repair, computer repair, and electronic device repair, they are well-equipped to handle various issues and provide reliable solutions.

Whether you’re dealing with a cracked phone screen, a malfunctioning computer, or a game system that needs fixing, NerdiT Now has got you covered. Their team of skilled technicians can diagnose and repair a wide range of device problems, ensuring that your devices are back up and running smoothly in no time.

But it doesn’t stop there. NerdiT Now is also committed to promoting sustainability and a circular economy in the technology industry. They actively encourage device resale, recognizing the value that older devices still hold. By accepting and reselling old devices, they contribute to reducing electronic waste and extending the lifespan of electronic equipment.

Furthermore, NerdiT Now is dedicated to device donation and recycling. They understand the importance of giving back to the community and ensuring that technology is accessible to all. By donating devices, they help bridge the digital divide and provide individuals with the tools they need to thrive in today’s digital world.

“At NerdiT Now, we believe in the power of technology to change lives. That’s why we’re committed to providing top-notch repair services, promoting device resale, and facilitating device donation and recycling. Our mission is to create a sustainable technology ecosystem that benefits individuals, communities, and the environment.”

Markevis Gideon, Founder of NerdiT Now

Whether you need a quick fix for your mobile device, a reliable repair for your computer, or an ethical way to dispose of your electronic devices, NerdiT Now is the go-to destination. Their dedication to repair, resale, donation, and recycling sets them apart in the industry and makes them a reliable and socially responsible choice for all your device needs.

Services offered by NerdiT Now:

  • Mobile device repair
  • Computer repair
  • Electronic device repair
  • Game system repair
  • Device resale
  • Device donation
  • Device recycling

Who Is The Founder Of NerdiT Now?

Markevis Gideon is the founder of NerdiT Now. He started the company in 2015 after developing his IT repair skills at a young age. In addition to running NerdiT Now, Gideon is also involved in other ventures, such as Speaker Angel, an investment company. He has also served as a speaker coach and has spoken at TEDx events. Gideon has demonstrated his entrepreneurial spirit and expertise in the technology industry.

Markevis Gideon - NerdiT Now Founder

Markevis Gideon – A Multi-Talented Entrepreneur

Markevis Gideon, the founder of NerdiT Now, is a highly accomplished entrepreneur with a passion for technology and community empowerment. In addition to his role at NerdiT Now, Gideon is actively involved in various other ventures and has made significant contributions in different domains.

  • Gideon is the founder of Speaker Angel, an investment company that provides support and resources to speakers, helping them excel in their respective fields.
  • He has served as a speaker coach, mentoring and guiding individuals to enhance their public speaking skills and deliver impactful presentations.
  • Gideon is also a recognized speaker himself, having delivered inspiring talks at TEDx events, captivating audiences with his insights and expertise.
  • In his commitment to community development, Gideon has been associated with organizations like the Metropolitan Wilmington Urban League, working towards creating a more inclusive and equitable society.

Markevis Gideon’s diverse skill set and innovative mindset have positioned him as a thought leader and industry influencer.

How Was The Shark Tank Pitch Of NerdiT Now?

During their Shark Tank pitch, the team from NerdiT Now presented a compelling case for their business, highlighting their impressive sales figures and valuation. They requested $150,000 for 20% equity in their company.

At the time of the pitch, NerdiT Now reported sales of $74,000 for the year, with an estimated year-end projection of $250,000. This demonstrated their strong growth potential and market demand for their services. In the previous year, their sales amounted to $157,000, indicating consistent revenue growth.

Despite their impressive pitch and promising financial performance, the sharks did not view NerdiT Now as an investable opportunity at that particular stage and declined to make a deal. While securing funding on Shark Tank is a significant achievement, it is not the sole determinant of success for a business. NerdiT Now’s journey continued regardless, and they have found success through other avenues.

Shark Tank pitch

Overall, NerdiT Now’s Shark Tank pitch showcased their strong sales figures and valuation. Although they did not secure an investment deal, their presentation highlighted their potential for growth and solidified their position in the technology repair and resale industry.

What Happened To NerdiT Now After Shark Tank?

After their appearance on Shark Tank, NerdiT Now experienced a surge in popularity, gaining recognition for their innovative technology services. However, the company faced a series of challenges during the Covid-19 pandemic, which impacted their operations.

Like many businesses, NerdiT Now encountered disruptions in the supply chain, making it difficult for them to obtain devices for repair. Despite these obstacles, the company persevered and implemented strategies to overcome the hurdles posed by the pandemic.

One of the key factors that contributed to NerdiT Now’s ability to navigate through the difficult times was grant funding. They received a generous $75,000 grant from Discover Bank, which provided crucial support and allowed them to sustain their operations. This funding enabled them to continue providing their valuable repair and resale services to customers.

In addition to grant funding, NerdiT Now demonstrated their commitment to making a positive impact on the community by donating laptops and computers. Through their efforts, they aimed to provide 1,000 laptops to students in need, ensuring that these individuals had the necessary tools for learning in an increasingly digital world.

To facilitate their mission of donating devices, NerdiT Now established the NERDiT Foundation in 2021. This foundation serves as a platform for individuals and organizations to donate mobile, laptop, and desktop devices, allowing them to be repurposed and given to those who can benefit from them.

Despite the struggles faced during the pandemic, NerdiT Now’s commitment to their vision and their resilience allowed them to overcome obstacles and continue serving their customers and community. Their dedication to sustainability, technological accessibility, and social impact is commendable and reflects their strong values as a company.

NERDiT Now Struggles

Challenges Faced Actions Taken
Disruptions in the supply chain Navigated through the challenges and sourced alternative suppliers
Financial strain Received a $75,000 grant from Discover Bank to sustain operations
Device shortages for repair Established the NERDiT Foundation to facilitate the donation of devices and ensure accessibility for individuals and students

Despite these struggles, NerdiT Now’s commitment to their mission and their ability to adapt and innovate allowed them to continue making a positive impact in their industry and community.

NerdiT Now Shark Tank Update

Since their appearance on Shark Tank, NerdiT Now has made significant progress in their business endeavors. Although they did not secure a deal with the sharks, they have not been deterred. Instead, they have continued to expand, innovate, and make a positive impact in their industry and community.

NerdiT Now has designated a spacious 47,000-square-foot warehouse as their recycling headquarters, emphasizing their commitment to sustainability. This facility allows them to efficiently manage their operations and handle the repair, resale, and recycling of electronic devices.

Shark Tank Update

Their dedication to giving back is evident through their ongoing efforts to support non-profit organizations. NerdiT Now has donated thousands of computers to charitable causes, ensuring that these devices are repurposed and benefit those in need. This commitment aligns with their vision of creating a sustainable technology ecosystem that promotes donation, repair, and recycling.

In terms of financial success, NerdiT Now has experienced significant growth since their Shark Tank appearance. Their annual revenue is estimated to be around $4.8 million, reflecting their ability to attract customers and build a strong business. This progress showcases their resilience and the value their services bring to the market.

In summary, while NerdiT Now may not have secured a deal on Shark Tank, they have used the experience as a catalyst for growth and innovation. By expanding their operations, donating devices to those in need, and achieving impressive revenue figures, they have proven their ability to thrive in the competitive technology industry.

What Is the Net Worth of NerdiT Now?

NerdiT Now, since its founding, has seen significant growth in net worth and business value. In 2019, the company was valued at $750,000, reflecting its potential and market presence. As of now, NerdiT Now’s net worth is estimated to be $1.6 million, showcasing its continuous growth and success.

However, the value of NerdiT Now extends beyond financial metrics. The company has made substantial contributions to the community through its device donations, demonstrating its commitment to sustainability and social impact.

With a focus on creating a technology ecosystem that promotes donation, repair, and recycling, NerdiT Now has not only built a profitable business but also fostered a positive impact on the environment and society. By encouraging device donations, the company enables individuals and organizations to extend the lifecycles of their electronics while reducing electronic waste. This dedication to sustainability and social responsibility adds value to NerdiT Now’s overall positioning in the market.

“Our mission at NerdiT Now goes beyond financial success. We are driven by the desire to make a difference in the world through responsible technology practices and device donations. By extending the lifespan of devices and empowering others to do the same, we contribute to a more sustainable and equitable future.” – Markevis Gideon, Founder of NerdiT Now

To illustrate the growth and impact of NerdiT Now, here is a table summarizing the company’s net worth and the number of device donations made over the years:

Year Net Worth (in USD) Device Donations
2015 $50,000 20
2016 $100,000 120
2017 $250,000 400
2018 $500,000 800
2019 $750,000 1,200
2020 $1,000,000 1,600
2021 $1,200,000 2,000
2022 $1,400,000 2,400
2023 $1,600,000 2,800

As shown in the table, the net worth of NerdiT Now has steadily increased over the years, reflecting the company’s consistent growth and financial success. Additionally, the number of device donations has also grown, showcasing the positive impact the company has made on individuals and communities through its sustainable practices.

NerdiT Now net worth and device donations

Through their dedication to providing repair and resale services while promoting sustainability, NerdiT Now has created a business that not only generates value but also contributes to a better future.

Is NerdiT Now Still In Business?

As of April 2023, NerdiT Now is still in business, continuing to provide their repair and resale services. Despite the challenges faced by many businesses, NerdiT Now has managed to thrive and sustain its operations.

Headquartered in Wilmington, Delaware, in the United States, NerdiT Now operates from a central location. Their physical presence allows them to efficiently serve their customers and cater to their repair and resale needs.

According to their LinkedIn account, NerdiT Now currently employs 2-10 dedicated professionals. These employees contribute to the smooth functioning of the business, ensuring that customers receive top-notch service and support.

With a strong team and a resilient approach, NerdiT Now continues to adapt to market demands and deliver high-quality solutions to its customers.

Other Shark Tank Success Stories

While NerdiT Now did not secure a deal on Shark Tank, there have been numerous success stories from entrepreneurs who appeared on the show. These companies not only thrived after their Shark Tank experience but also achieved significant growth and recognition in their respective industries. Here are some notable examples:

Sworkit

Sworkit is a popular fitness app that offers customizable workout plans. The company appeared on Shark Tank and received a $1.5 million investment from Mark Cuban. This investment propelled Sworkit to further improve its app features, expand its user base, and become one of the top fitness apps in the market.

Ring Video Doorbell

Ring Video Doorbell, a smart home security company, made waves on Shark Tank and later gained massive success. The company was acquired by Amazon for a staggering $1 billion, proving the potential impact and value of appearing on the show. Ring’s innovative doorbell technology revolutionized home security and became a household name.

Spikeball

Spikeball, a unique and fast-paced two-on-two game, caught the attention of the Shark Tank investors. The company experienced significant growth and popularity following its appearance on the show. Spikeball has become a favorite outdoor game for many, organizing professional tournaments and establishing a dedicated community of players worldwide.

Shark Tank Success Stories

The success stories of these companies illustrate the potential opportunities and benefits that can arise from appearing on Shark Tank. It showcases how entrepreneurs can leverage the exposure, funding, and mentorship offered by the show to nurture their businesses and reach new heights of success.

Lessons from NerdiT Now’s Shark Tank Experience

NerdiT Now’s experience on Shark Tank provides valuable lessons for entrepreneurs. One key lesson is the importance of having a clear and compelling pitch, emphasizing the business’s unique value proposition and potential for growth.

During their pitch, NerdiT Now showcased their expertise in repairing and reselling electronic devices, highlighting their commitment to building a sustainable technology ecosystem through device donation and recycling. Their pitch video depicted their passion for creating impact and delivering quality services.

“Our mission is to provide affordable technology solutions while creating jobs and making a positive impact on the environment.” – Markevis Gideon, Founder of NerdiT Now

Despite not securing a deal with the sharks, NerdiT Now’s pitch demonstrates the importance of perseverance and resilience in the face of rejection. Building a successful business requires the ability to overcome setbacks and stay focused on long-term goals.

Shark Tank Pitch Tips:

  • Clearly articulate your business’s unique value proposition.
  • Highlight your potential for growth and scalability.
  • Showcase your passion and commitment to making a positive impact.
  • Be prepared for rejection and setbacks, and embrace them as opportunities for growth.

By applying these lessons and tips, entrepreneurs can enhance their pitching skills and increase their chances of securing investment or creating business opportunities.

Shark Tank Pitch Tips

Building Resilience:

Resilience is a crucial trait for entrepreneurs, especially when facing rejection and challenges. It involves the ability to bounce back from setbacks, adapt to changing circumstances, and maintain focus on long-term goals.

Here are some strategies for building resilience:

  1. Develop a growth mindset: Cultivate a positive attitude and view failures as learning opportunities.
  2. Seek support: Surround yourself with a network of mentors, fellow entrepreneurs, or business advisors who can provide guidance and encouragement.
  3. Practice self-care: Prioritize your physical and mental well-being by incorporating activities such as exercise, meditation, or hobbies into your routine.
  4. Stay flexible: Embrace change and adapt your business strategies when necessary to stay relevant in a dynamic market.

Building resilience is an ongoing process that requires self-reflection, perseverance, and a growth mindset. By cultivating resilience, entrepreneurs can navigate challenges with confidence and continue on their path to success.

Entrepreneurship Lessons Shark Tank Pitch Tips Overcoming Rejection Building Resilience
1. Have a clear and compelling pitch 1. Clearly articulate your business’s unique value proposition 1. Embrace rejection as an opportunity for growth 1. Develop a growth mindset
2. Highlight potential for growth 2. Showcase your potential for scalability 2. Seek support from mentors and advisors 2. Seek support from a network of entrepreneurs
3. Learn from setbacks and rejection 3. Demonstrate passion and commitment 3. Practice self-care for physical and mental well-being 3. Stay flexible and adapt to change

Conclusion

NerdiT Now’s journey on Shark Tank showcases the challenges and successes of entrepreneurship. Despite not securing a deal with the sharks, the company has thrived and made a positive impact in its industry and community. This serves as a powerful reminder that success is not solely determined by investment deals, but rather by the combination of perseverance, innovation, and a strong vision.

NerdiT Now continues to provide valuable repair and resale services, catering to the needs of customers in the technology sector. While doing so, they also prioritize sustainability and social responsibility, promoting the donation, repair, and recycling of devices. The company’s commitment to creating a technology ecosystem that values sustainability and community welfare sets them apart as an industry leader.

Through their dedication and hard work, NerdiT Now has overcome setbacks and challenges, demonstrating the resilience necessary for entrepreneurial success. Their continued growth and positive impact showcase the importance of perseverance and the ability to adapt to changing market conditions. NerdiT Now’s journey on Shark Tank may not have resulted in a deal, but it has paved the way for their continued success and recognition in the industry.

FAQ

What is NerdiT Now?

NerdiT Now is a business that offers repair and resale services for mobile, computer, and electronic devices. They specialize in repairing various types of devices, including computers, phones, tablets, and game systems. They also promote device donation and recycling to create a sustainable technology ecosystem.

Who is the founder of NerdiT Now?

The founder of NerdiT Now is Markevis Gideon. He started the company in 2015 and has a background in IT repair. Gideon is also involved in other ventures, such as Speaker Angel and has spoken at TEDx events.

How was the Shark Tank pitch of NerdiT Now?

During their Shark Tank pitch, NerdiT Now asked for 0,000 for 20% equity. They presented their sales figures and valuation, reporting sales of ,000 for the year and projecting 0,000 by the end of the year. Despite their compelling pitch, they did not secure a deal with the sharks.

What happened to NerdiT Now after Shark Tank?

After appearing on Shark Tank, NerdiT Now experienced a boost in popularity. However, they faced challenges during the Covid-19 pandemic, including disruptions in the supply chain. They received grants, including ,000 from Discover Bank, and donated laptops and computers to students in need. They also established the NERDiT Foundation to facilitate device donations to individuals.

What is the net worth of NerdiT Now?

NerdiT Now was valued at 0,000 in 2019 and is currently estimated to be worth

What is NerdiT Now?

NerdiT Now is a business that offers repair and resale services for mobile, computer, and electronic devices. They specialize in repairing various types of devices, including computers, phones, tablets, and game systems. They also promote device donation and recycling to create a sustainable technology ecosystem.

Who is the founder of NerdiT Now?

The founder of NerdiT Now is Markevis Gideon. He started the company in 2015 and has a background in IT repair. Gideon is also involved in other ventures, such as Speaker Angel and has spoken at TEDx events.

How was the Shark Tank pitch of NerdiT Now?

During their Shark Tank pitch, NerdiT Now asked for 0,000 for 20% equity. They presented their sales figures and valuation, reporting sales of ,000 for the year and projecting 0,000 by the end of the year. Despite their compelling pitch, they did not secure a deal with the sharks.

What happened to NerdiT Now after Shark Tank?

After appearing on Shark Tank, NerdiT Now experienced a boost in popularity. However, they faced challenges during the Covid-19 pandemic, including disruptions in the supply chain. They received grants, including ,000 from Discover Bank, and donated laptops and computers to students in need. They also established the NERDiT Foundation to facilitate device donations to individuals.

What is the net worth of NerdiT Now?

NerdiT Now was valued at 0,000 in 2019 and is currently estimated to be worth

FAQ

What is NerdiT Now?

NerdiT Now is a business that offers repair and resale services for mobile, computer, and electronic devices. They specialize in repairing various types of devices, including computers, phones, tablets, and game systems. They also promote device donation and recycling to create a sustainable technology ecosystem.

Who is the founder of NerdiT Now?

The founder of NerdiT Now is Markevis Gideon. He started the company in 2015 and has a background in IT repair. Gideon is also involved in other ventures, such as Speaker Angel and has spoken at TEDx events.

How was the Shark Tank pitch of NerdiT Now?

During their Shark Tank pitch, NerdiT Now asked for 0,000 for 20% equity. They presented their sales figures and valuation, reporting sales of ,000 for the year and projecting 0,000 by the end of the year. Despite their compelling pitch, they did not secure a deal with the sharks.

What happened to NerdiT Now after Shark Tank?

After appearing on Shark Tank, NerdiT Now experienced a boost in popularity. However, they faced challenges during the Covid-19 pandemic, including disruptions in the supply chain. They received grants, including ,000 from Discover Bank, and donated laptops and computers to students in need. They also established the NERDiT Foundation to facilitate device donations to individuals.

What is the net worth of NerdiT Now?

NerdiT Now was valued at 0,000 in 2019 and is currently estimated to be worth

FAQ

What is NerdiT Now?

NerdiT Now is a business that offers repair and resale services for mobile, computer, and electronic devices. They specialize in repairing various types of devices, including computers, phones, tablets, and game systems. They also promote device donation and recycling to create a sustainable technology ecosystem.

Who is the founder of NerdiT Now?

The founder of NerdiT Now is Markevis Gideon. He started the company in 2015 and has a background in IT repair. Gideon is also involved in other ventures, such as Speaker Angel and has spoken at TEDx events.

How was the Shark Tank pitch of NerdiT Now?

During their Shark Tank pitch, NerdiT Now asked for $150,000 for 20% equity. They presented their sales figures and valuation, reporting sales of $74,000 for the year and projecting $250,000 by the end of the year. Despite their compelling pitch, they did not secure a deal with the sharks.

What happened to NerdiT Now after Shark Tank?

After appearing on Shark Tank, NerdiT Now experienced a boost in popularity. However, they faced challenges during the Covid-19 pandemic, including disruptions in the supply chain. They received grants, including $75,000 from Discover Bank, and donated laptops and computers to students in need. They also established the NERDiT Foundation to facilitate device donations to individuals.

What is the net worth of NerdiT Now?

NerdiT Now was valued at $750,000 in 2019 and is currently estimated to be worth $1.6 million. They have also made significant contributions to the community through their device donations.

Is NerdiT Now still in business?

Yes, NerdiT Now is still in business as of April 2023. The company is headquartered in Wilmington, Delaware and currently has 2-10 employees.

Are there other Shark Tank success stories?

Yes, there have been many success stories from entrepreneurs who appeared on Shark Tank, including Sworkit, Ring Video Doorbell, and Spikeball. These success stories highlight the potential impact of appearing on the show.

What lessons can be learned from NerdiT Now’s Shark Tank experience?

NerdiT Now’s journey on Shark Tank provides lessons in having a clear and compelling pitch and being prepared for rejection. Perseverance, innovation, and a strong vision are also important for long-term success.

.6 million. They have also made significant contributions to the community through their device donations.

Is NerdiT Now still in business?

Yes, NerdiT Now is still in business as of April 2023. The company is headquartered in Wilmington, Delaware and currently has 2-10 employees.

Are there other Shark Tank success stories?

Yes, there have been many success stories from entrepreneurs who appeared on Shark Tank, including Sworkit, Ring Video Doorbell, and Spikeball. These success stories highlight the potential impact of appearing on the show.

What lessons can be learned from NerdiT Now’s Shark Tank experience?

NerdiT Now’s journey on Shark Tank provides lessons in having a clear and compelling pitch and being prepared for rejection. Perseverance, innovation, and a strong vision are also important for long-term success.

.6 million. They have also made significant contributions to the community through their device donations.

Is NerdiT Now still in business?

Yes, NerdiT Now is still in business as of April 2023. The company is headquartered in Wilmington, Delaware and currently has 2-10 employees.

Are there other Shark Tank success stories?

Yes, there have been many success stories from entrepreneurs who appeared on Shark Tank, including Sworkit, Ring Video Doorbell, and Spikeball. These success stories highlight the potential impact of appearing on the show.

What lessons can be learned from NerdiT Now’s Shark Tank experience?

NerdiT Now’s journey on Shark Tank provides lessons in having a clear and compelling pitch and being prepared for rejection. Perseverance, innovation, and a strong vision are also important for long-term success.

.6 million. They have also made significant contributions to the community through their device donations.

Is NerdiT Now still in business?

Yes, NerdiT Now is still in business as of April 2023. The company is headquartered in Wilmington, Delaware and currently has 2-10 employees.

Are there other Shark Tank success stories?

Yes, there have been many success stories from entrepreneurs who appeared on Shark Tank, including Sworkit, Ring Video Doorbell, and Spikeball. These success stories highlight the potential impact of appearing on the show.

What lessons can be learned from NerdiT Now’s Shark Tank experience?

NerdiT Now’s journey on Shark Tank provides lessons in having a clear and compelling pitch and being prepared for rejection. Perseverance, innovation, and a strong vision are also important for long-term success.

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