If you are a fan of Shark Tank, then you know that the show is all about investing in businesses that have the potential to make a lot of money. Well, one business that was featured on the show in Season 5 and received an investment from the sharks is Taylor Robinson Music. This company provides music lessons online, and they have seen incredible growth in recent years. In this article, we will take a closer look at Taylor Robinson Music and see where it stands today.
What Is Taylor Robinson Music?
Taylor Robinson Music is a company that provides music lessons online. The company was founded in 2005 by Taylor Robinson and his wife, Jenna. They started the company because they saw a need for more affordable and convenient music education. The company offers both private and group lessons, and they have a team of over 100 music teachers across the United States.
The company has seen incredible growth in recent years, due in large part to its unique business model. It has also maintained an A+ rating with the Better Business Bureau since its inception.
Unlike most music schools, which require students to come to them for lessons, Taylor Robinson Music brings the lessons to the students by connecting them with an instructor in their area. This allows the company to offer its services at a fraction of the cost of traditional music schools.
Instructors can either teach the lessons in-person at a studio or online, and they are available for both children and adults. The rates are also very affordable, starting at just $37.50 per hour. The company also offers a variety of other services, such as music theory classes, songwriting workshops, and performance opportunities. These are all available to students of all ages and levels.
In addition to its unique business model, Taylor Robinson Music has also seen success due to its use of technology. The company offers a mobile app that allows students to take lessons on their phone or tablet, and they also have a virtual reality program that allows students to practice their instruments in a realistic environment.
What Makes Them Unique?
There are a few things that make Taylor Robinson Music unique in the music education industry. First, as mentioned above, their use of technology is cutting-edge and allows students to learn in a variety of ways. Second, their rates are very affordable, which makes them accessible to a wide range of people. And third, their focus on customer service is top-notch.
The company offers a 100% satisfaction guarantee to all of its customers, and they are always available to answer any questions or concerns that you may have.
How Did the Shark Tank Pitch Go?
Taylor Robinson Music made its Shark Tank debut in Season Five. During the episode, Taylor pitched his business to the Sharks and asked for an investment of $100,000 in exchange for a 10% equity stake in the company.
Taylor wishes to use Shark’s money to update their website and create more marketing materials. He also wants to expand their team of music teachers so that they can offer their services to even more people.
The sales were impressive at $450,000 in the last year and $2.5 million over the last six years. However, the issue with the Sharks was the excessive client acquisition costs. This caused a bit of concern for the Sharks, and they ultimately decided not to invest in the company leaving Taylor Robinson Music without a deal.
Our Review of Taylor Robinson Music
When it comes to music lessons, there are a lot of options out there. But if you’re looking for quality instruction from experienced teachers, then you can’t go wrong with Taylor Robinson Music. They offer classes for all levels of students, from beginners to advanced. And have a wide range of instruments to choose from, including piano, guitar, voice, and more.
The company has a highly qualified team of teachers that are passionate about music and helping others learn. They offer a wide range of services, including group and private lessons, as well as performance opportunities.
They offer a unique service at an affordable price, and their use of technology is cutting-edge. We also appreciate their focus on customer service, and we think that their 100% satisfaction guarantee is a great way to ensure that customers are happy with the service.
The company received over 100 calls from potential investors after their appearance on Shark Tank, and they are currently in the process of raising additional funding. We think that they are a great company, and we believe that their use of technology and focus on customer service sets them apart from other online music lesson providers.
The only downside of the company is that they did not receive a deal on Shark Tank. However, we believe that this will not impact their business in the long run, and we think that they are still a great company to consider if you are looking for music lessons online.
- Experienced and passionate team of teachers
- Offers a wide range of services
- Affordable rates
- Use of technology is cutting-edge
- Focus on customer service
- Did not receive a deal on Shark Tank
Who Is This Service Best For?
This service is best for those who are looking for quality music instruction from experienced teachers. It is also a good option for those who want to learn a wide range of instruments, as they offer classes for piano, guitar, voice, and more.
Their mobile app is also a great option for those who want to learn on the go. Overall, we think that this is a great service for anyone who is interested in learning to play an instrument or improving their musical skills.
Are There Any Alternatives?
These companies also offer quality instruction from experienced teachers. However, they may not have the same range of instruments or services as Taylor Robinson Music.
Our Final Thoughts
Despite not receiving a deal on Shark Tank, Taylor Robinson Music has continued to grow and expand its business. They are now one of the leading online music lesson providers, with over 200,000 students taking their classes. They have also been featured in major publications such as Los Angeles Times, Pianist Magazine, Rolling Stone and Guitar Player.
With over $2m in annual sales, the future looks bright for Taylor Robinson Music.