What Happened to Heat helper After the Shark Tank Pitch?
What is a Heat Helper?
Heat Helper is a device that, when connected to a laundry drying machine, redirects warm air into the home.
Not only is this ecologically friendly, but it also saves money on heating costs.
It gathers, filters, and reroutes the hot air required to dry your clothing, which is often delivered via an external vent.
During the summer, a manual valve may be cranked to enable hot air to escape.
Who is the Founder of Heat Helper?
Lyle Schuette of Derby, Kansas invented Heat Helper. Lyle Schuette founded his firm because his wife developed a back ailment and was unable to wash the clothing.
Leaning over to get clothing from the dryer was inconvenient and time consuming, so Lyle set out to develop a method for raising the dryer while recycling the heat it generated to heat the house.
Schuette created the term “Heat Helper.”
It’s simply a dryer exhaust attachment that filters out lint and dust before venting the hot air to another location.
This item is only compatible with electric dryers! Lyle’s primary source of revenue is digging up dirt! He owns and operates Schuette’s Dirt Works in Derby, Kansas, and Heat Helper is a side business born out of a necessity for his wife.
Schuette wishes to take his new venture to the Shark Tank in order to see if one of the Sharks would strike a deal with him and become a partner.
What Happened to the Heat Helper During the Shark Tank Pitch?
Lyle appears in Season 3 Episode 7 and offers $100,000 in return for a 50% ownership in his firm. This amounts to a value of $200,000.
Then he describes how this particular innovation came to be.
Daymond John wants to know if he’s sold any Heat Helpers.
He has sold around 680 units via the Heat Helper website that he now maintains. Each device is $99 and is available at Lowe’s and Walmart.
Along with being reasonably priced, the Heat Helper may help families save around $180 per year on heating expenses.
The Sharks admired him, and his offering made sense to them.
As a result of his failure to get his product to work at huge retail shops, John decides that this is not an area he wishes to get his hands dirty with due to the inherent hazards.
Mr. Wonderful was enthralled by Lyle’s dirt company and desired to learn how he could benefit from dirt as well! On the other side, Mr. Wonderful disliked the Heat Helper because he thought it was not a large enough business.
Corcoran is concerned with the Heat Helper since it looks to be exploited and worn out as a result of Schuette’s carelessness in order to facilitate the growth of his dirt business. She chose not to invest since she did not want to take any risks by doing so.
Mark echoed Barbara’s thoughts, noting that he will not sign a check unless the entrepreneur is 24 hours a day, seven days a week, living and breathing their business.
Herjavec just does not believe it is a worthwhile investment at the moment.
Mark believes that this product serves a need and has the potential to be great, but he is averse to partnering with someone who does not have their heart and soul in the business, and Schuette departs without a contract.
What Happened to Heat helper After the Shark Tank Pitch?
Following the incident, Lyle had a large surge in online traffic to the firm’s website, receiving hundreds of inquiries.
Following his appearance on Shark Tank, Schuette informed his local newspaper, the Derby Informer that he was in discussions with a Canadian distributor and a Wichita manufacturer, but that his primary business is Schuette’s Dirt Works.
He is now manufacturing the product in Wichita and arranging distribution agreements. Lyle continues to handle it as a side business, which explains why it hasn’t taken off as rapidly as it might.
He is still first and foremost a “dirtrepreneur!” He ceased operations in 2019, but continues to operate Schuette’s Dirt Works.
What is the Net Worth of Heat Helper?
Lyle appears in Season 3 Episode 7 and offers $100,000 in return for a 50% ownership in his firm. This amounts to a value of $200,000.
Who are Heat Helper’s Competitors?
Deflecto makes a comparable item called the Deflecto Extra Heat Dryer Saver in Indianapolis, Indiana.
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Heat Helper FAQS
How much does the Heat Helper cost?
This business has ceased operations.
What happens to the heat generated by the dryer exhaust?
It is directed through a unique patented filter and into their house. Lyle claims that he can recycle approximately 50% of the heat generated by a dryer.
How does Heat Helper work?
He said it has a patented refit that captures the hot air from the dryer exhaust, filters it, and makes the air cleaner before utilizing it to heat a home.
What was the purpose of Heat Helper?
It’s a device that redirects warm air into the home. The goal is to conserve energy while making their clothing more comfortable.
Who invented Heat Helper?
Lyle Schuette of Derby, Kansas invented Heat Helper.
Where can they buy a Heat Helper?
They are no longer in business.
Did Heat Helper appeared on Shark Tank?
Yes! He appeared in Season 3 Episode 7 and offered $100,000 to return for 50% equity in the Company.
Did Heat Helper get a deal with the Sharks?
No, none of the Sharks were willing to invest and Schuette departs without a contract.
Did Heat Helper get funding after Shark Tank?
No, he received hundreds of inquiries following his appearance on Shark Tank and is currently manufacturing the item in Wichita, Kansas with plans for distribution agreements.
Lyle continues to handle it as a side business, which explains why it hasn’t taken off as rapidly as it might.
Is Heat Helper still in business?
No, he ceased operations in 2019 but is still operating Schuette’s Dirt Works.
Who is a competitor of Heat Helper?
Deflecto Extra Heat Dryer Saver is a competitor to Heat Helper.
