Tippi Toes Net Worth 2022
To bite or not to bite, that is the question!
When the owners of Tippi Toes, sisters Sarah Nuse and Megan Reilly, pitched their business idea to the Sharks, they had three potential investors, Mark Cuban, Barbara Corcoran, and Kevin O’Leary.
Needless to say, the Sharks were impressed with the sisters, their back story, their current income, their future plans and their net worth of over $1 million.
When they left the Shark Tank, they had a firm offer from Billionaire Mark Cuban. However, after several meetings about the venture, Tippi Toes decided to follow their own timeline and strategies.
“We learn to swim when we begin to drown”
This is not just any quote, but the foundation to one of the most successful family-owned small companies in the United States.
Tippi Toes dance company teaches children from the age of 18 months to 12 years the magic of ballet, tap, jazz, and hip hop!
Goals and strategy
Tippi Toes was started to make some extra income while Sarah and Megan were studying and finishing school respectively, but it developed into so much more.
The duo realized that children in the United States, and worldwide could benefit from learning to dance as a form of exercise.
Obesity is a problem that is rife in the United States and if children could have fun while keeping fit and develop a positive body image through dance, then Tippi Toes could make their mark on the world stage!
Creating opportunities for hard-working women who want to earn an income or make a change in their community was another goal for this team.
They decided to franchise Tippi Toes to make dreams a reality for both the students and the franchisees.
These unselfish, socially responsible goals and strategies are what make Sarah and Megan an unbeatable team!
Awesome Back Story
At the age of 19, Sarah Nuse had to find a quick way to make extra money for her car payment.
After chatting to her mother and father they suggested she contact some of the local schools to teach dance. Amazingly enough, Sarah took her parents’ advice.
This turned out to be a life-changing decision. Sarah made a couple of calls and soon had students to teach.
Not long after, her lessons were so in demand that her sister Megan joined the business to help with paperwork and bring an extra skillset to the flourishing new business.
Sarah used to be a professional dancer and Megan is a registered dietician. They combined their skills and set a goal for their business to help children focus on healthy habits and physical activity while having fun to the beat of high-energy dance music!
Tippi Toes Timeline
1999 – Sarah starts Tippi Toes; Megan soon joins
2009 – Tippi Toes begins a franchise
2019 – Tippi Toes hits a revenue of $ 27.4 million
Company Name |
Tippi Toes |
Owners |
Sarah Nuse & Megan Reilly (Sisters) |
Shark |
The sisters didn’t take the bait |
Equity |
0% |
Investment |
$ 0 |
Location |
32 Franchises and counting |
Nett Worth |
$ 1.3 million |
From the USA to China
Tippi Toes has achieved the goal Sarah wanted! They even have a franchise in China.
Who would have believed that giving dance lessons to children to earn some extra cash would eventually lead to a franchise in China?
Take your dream and turn it into a reality! Look at what you can achieve!
