What Happened to Liberate Studio After Shark Tank?
What is Liberate Studio?
Liberate is the world’s first mental fitness studio. The Liberate virtual programs and seminars are designed to help teams and individuals reduce stress and increase joy. Participants in each session engage in a series of mindfulness practices that develop calm, connection, and confidence.
Liberate was created by Olivia Bowser. She earned a marketing degree from Syracuse University, which led to various employment in the digital marketing industry at firms such as Foodstirs, which creates nutritional snacks and meal packages.
Olivia remarked on the Live Your Personal Best podcast that she was inspired to launch Liberate because she noticed there were numerous tools for physical exercise but few for mental wellbeing.
Who is the founder of Liberate Studio?
Liberate was founded by Olivia Bowser. She started the firm in May 2020, amid the global Covid-19 shutdowns, to deal with the mental health issues she and many others were experiencing as a result of isolation.
Bowser, like many others, enjoys working out. She exercised six days a week, but she wanted to improve her “brain fitness.”
She noticed that doing yoga and meditating helped her mental health, and she wanted to combine what she enjoyed best about going to exercise classes with “mental fitness routines.”
She set out to create her virtual mental fitness studio using her extensive understanding of digital marketing and other skills.
The eventual result was liberate. It consists of a series of 15-minute, 30-minute, or 60-minute sessions that cover different aspects of mental health. Classes address themes such as confidence building, resilience, meditation, and others.
If you are unable to attend in person, classes are either live or recorded. There are also some textual resources for topics like journaling. Classes are led by Olivia, a professional meditation and mindfulness teacher as well as a yoga instructor, and four other qualified instructors.
Live classes are offered twice a week on Zoom, and videos may be available on the internet. At least four new classes are offered each week. The monthly charge is $19 per month or $99 per year.
What Happened to Liberate Studio at Shark Tank pitch?
Olivia Bowser seeks investment in Liberate, her mental training center, on Shark Tank episode 1311. She wants a Shark to help her broaden the scope of her program.
Olivia came on Shark Tank in seeking of $200,000 in return for a 10% stake in her company, which was valued at $2 million.
As she unpacks a yoga mat and a notebook, she promises them the best work out of their lives. She speaks about the firm and the programs.
Kevin worries if she’s forming a cult and how he’ll make money from all of this insanity. She discusses the subscription model and asserts that the B2B sector accounts for the majority of her business, accounting for 65% revenue. She has made a total of $50,000 in sales during the course of her career.
When Robert questions the value, Olivia states that the company’s margins are over 90% and that it is expanding at a pace of 178 percent from quarter to quarter while building a scalable system, personnel, and curriculum.
The previous month’s sales totaled barely $7500. Robert says that she is unable to scale and that her corporate venture is too low-cost.
Mark states that the Mavericks have a full-time team psychologist, so he believes in her business; nevertheless, she fails to scale it properly, so he is fired. Robert says she’s too early, and he’s out. She insists that she will not go unless she has a deal.
Daymond likes what she’s doing, but he’s out because she hasn’t figured it out yet. Lori claims she also out as the other Sharks cry her name because she’s figuring out what she’s doing.
Kevin informs her that it’s approaching zero and that she should take it behind the barn and shoot it; he also went out. Olivia ultimately walked away from the pitch without a deal.
What Happened to Liberate Studio After Shark Tank?
The firm is still in operation as of January 2022, with $50,000 in lifetime sales, after the show aired and Olivia fled the pitch with no agreement.
Competitors of Liberate Studio
Headspace, Calm App, and Mindfulness.org are among Liberate Studio’s competitors.
Net Worth of Liberate Studio
The firm was valued at $2 million during and after the pitch, and it is still in operation as of January 2022, with $50,000 in lifetime sales.
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Liberate Studio FAQs
What exactly is Liberate Studio?
Liberate is the world’s first mental fitness studio. The Liberate virtual programs and seminars are designed to help teams and individuals reduce stress and increase joy. Participants in each session engage in a series of mindfulness practices that develop calm, connection, and confidence.
Who is the inventor?
Liberate was invented by Olivia Bowser. She earned a marketing degree from Syracuse University, which led to various employment in the digital marketing industry at firms such as Foodstirs, which creates nutritional snacks and meal packages.
How much was seeking on Shark Tank?
In the 1311 Shark Tank episode, Olivia was asking for $200,000 for a 10% interest in Liberate.
Did she have the Shark Tank deal with her during the episode?
She didn’t have a deal throughout the program, no.
Is Liberate Studio still in operation?
The firm is still in operation as of January 2022, with $50,000 in lifetime sales.
Where can I find Liberate Studio?
Liberate is headquartered in Dallas, Texas.
How much does Liberate Studio cost?
The service costs $19 each month or $99 for the whole year.
What is Liberate Studio’s revenue model?
Liberate Studios’ income strategy, like many other enterprises in the fitness sector, is centered on a subscription-based service.
As more people are drawn to the benefits of their service, the company’s profitability has the potential to increase. Direct sales are also used by the corporation for its products and services.
Is Liberate Studio a Franchise?
Liberate does not presently have a franchise, but the firm is open to new partners and expanding its reach.
What does a class entail?
They teach the lessons via Zoom, and subscribers can turn on their cameras to see each other’s beautiful faces! Every 60-minute session starts with intention setting, then 10 minutes of yoga, 10 minutes of writing and conversation, and 10 minutes of grounding meditation.
Where can I enroll Liberate Studio classes?
All classes are presently delivered online, so subscribers may participate from anywhere! They provide in-person classes in Los Angeles as COVID allows.
How long is a Liberate class?
Classes last anywhere from 5 to 60 minutes.
What should I wear to a Liberate Studio class?
They advise folks to dress comfortably or in Activewear. Most courses include 10 minutes of gentle yoga, so kids should feel at ease performing it. In a Gentle Flow or Express class, they focus on seated stretching, so wear anything you want!
What do I need to bring to the Liberate Studio class?
They’ll need a yoga mat or a large towel for the movement portion of class. Make allowance for mobility if they don’t have either! Bring a notebook and paper, as well as Sporty if they wish to listen to music throughout class. Most importantly, bring an open mind!
Is it possible to purchase a Liberate Studio membership?
Yes! They recommend that people sign up for a membership here in order to broaden their practice. Like physical fitness, the more individuals exercise their mental well-being, the stronger they become.
Does Liberate Studio provide private lessons?
They most surely do! Individual courses are available for everything from birthdays to reunions to hangouts and everything in between. Furthermore, they will tailor the theme and music for their session to ensure that it is appropriate for their team.
How can I cancel my Liberate Studio membership?
They are saddened to see subscribers go! From their profile page, click the “Purchases” tab. Locate Subscription and click the cancel button. Following that, confirm their cancellation.