How an Entrepreneurial Teenager Grew His Company to SEVEN Figures In Revenue AND signed a deal with Mark Cuban on Shark Tank for $200,000
Coffee spills, one of the worst things that can happen to you during your workday. Whether sitting on the subway or hopping in your car for the rush hour commute, it is not a question of IF you will spill that piping hot morning elixir all over you, but a matter of WHEN. Well, 19-year old David Zamarin has sought to conquer daily terrors like this for good with his non-toxic superhydrophobic technology called Detrapel.
I guess your first question is,
“what in the world is superhydrophobic technology and how could it possibly help me avoid suffering from clumsy mistakes?”
Well…we had the very same question, so we decided to reach out to the young CEO to find out what exactly his business is all about. Luckily, he had some time to spare even after the skyrocketing growth Detrapel has seen since its appearance on Shark Tank in late January when he signed a deal with Mark Cuban and Lori Greiner for $200,000.
Who is Zamarin?
Zamarin, now a Junior at Babson College, first started to answer the question with a slew of words that included molecular bonding, hydrophiles, among other “sciencey” lingo, but when he saw the look of confusion on my face he stated simply “It is a coating spray that literally cannot be touched by liquids.”
What was his inspiration for playing with hydrophobic chemicals nearly 5 years ago when he was 15?
“it was all about keeping my sneakers clean from anything life threw at them.”
The CEO quickly realized there was more he could do with it referencing his slogan, “Things aren’t meant to last forever, but with Detrapel they can last longer”.
Now with 9 products operational ranging from anti-graffiti for walls to anti-corrosion for cars to electrical moisture protection with more products already in the pipeline, Detrapel is continuing to grow into numerous industries, stopping unwanted marks while leaving its own mark not just in the US, but worldwide.
“We received 9000 hits on our website per second, 5000 inquiries in first 24 hours, $100K by the second day, and $300K in three, it was incredible.”
With the second most successful Shark Tank episode ratings in history and two sharks jumping on board, Detrapel was literally thrust into the limelight the day the episode aired. Detrapel went on capitalize on their exposure by leveraging their momentum and signing exclusivity distribution deals in South Africa, Rwanda, Botswana, El Salvador, and more while doing a lot of work in Belgium and India. These guaranteed deals alone have brought revenues up to MINIMUM of $4 MILLION dollars for this year alone!
The teenage CEO commented on his company’s skyrocketing growth with inspiring modesty, “At the end of the day I am pretty quiet about what’s going on, but we have always been doing a lot and it’s just been a matter of time. Thank god that Shark Tank happened, it just propelled everything and enabled us to do everything we have been trying to do already for the last few years.” Now with money to play around with and the ability to grow his team of 11 members, Zamarin is ready to take his company to the next level before he even reaches his twenties. This Untold Story just goes to shows that when it comes to being an entrepreneur it doesn’t matter how young or old you are, but how well you can execute a great idea.
May 15, 2018| By Chaz Hermanowski – Untold Business Writer