Cerebral Success Shark Tank Update: Are you too mentally exhausted to study for an upcoming test? Can’t remember your notes?
Cerebral Success supports you!
Cerebral Success boosts mental energy and alertness. It helps college students focus, study quickly, and remember.
It motivates and focuses them, making tests and goals simpler. Shark Tank season 5, episode 26 presented Cerebral Success.
But what followed its appearance on the program? This article covers the business’s origins, the shark tank pitch, and the deal’s aftermath.
What is Cerebral Success?
Cerebral Success is a nutritional supplement that uses a proprietary blend of 12 nootropic ingredients to support cognitive function.
Who Founded Cerebral Success?
The company was started by Trevor Hiltbrand, who got a degree in finance from Brigham Young University and worked as a startup intern during the summer after graduation.
Although Trevor stepped down as CEO of Cerebral Success in 2019, he continues to lead a solar panel installation company in Utah.
Advantages Of Cerebral Success
- Improve concentration
- Promote brain health
- Enhance focus
- Improve your memory
Know About The Cerebral Success Shark Tank Update
Cerebral Success is a supplement designed to boost your concentration and focus. Trevor Hiltbrand, the product’s creator, and owner, presented it to the Sharks in episode 26 of season 5.
During the pitch, Trevor requested $75,000 in exchange for 20% ownership in his company.
Barbara Corcoran gave him the same amount in exchange for 40% ownership, which he accepted.
Cerebral Success was a hit for a few months when Barbara helped get it into GNC shops across the United States following the event. In the short term, Trevor was successful despite not having FDA approval, selling illicit goods, and selling to students.
He then renamed the company’s product and packaging as “Smart X by Cerebral Success.” Season 7 saw him as the featured guest at Barbara’s Cabo San Lucas Entrepreneur retreat. But in October of this year, Trevor shut down the company.
No new information on Cerebral Success or Trevor Hiltbrand’s other projects has been made public as of April 2023.
Cerebral Success Shark Tank Update
|Cerebral Success Shark Tank Episode||Season 05 Episode 26|
|Company name||Cerebral Success|
|Product||Nootropic brain supplement|
|Asked for||$75,000 for 20% Equity|
|Final deal||$75,000 for 40% Equity|
|Business status||Out of Business|
|Cerebral Success Shark Tank Net Worth||21 Million USD|
|Watch on||Amazon Prime|
Another Shark Tank Pitch:
Cerebral Success after Shark Tank
Barbara was able to get Trevor’s Cerebral Success supplement into every GNC shop in the country, closing the deal between the two of them. Cerebral Success did quite well in the marketplace over the next three months.
Barbra even highlighted Trevor at her Cabo San Lucas Entrepreneurial Retreat. Barbara has been called Trevor’s “good luck charm” for the success of his company.
Cerebral Success Shark Tank pitch
Shark Tank’s 5th season’s 26th episode starred Trevor. Before a shark asked him his price, he fumbled around anxiously. He asked the sharks for $75,000 for 20% of his business, agitated.
He begins his pitch by stating that he has no scientific proof for his claims and that he has just researched and evaluated his formula’s components.
The sharks were confused. Trevor lists the brain pills’ contents and how they improve brain health and help college students study and prepare for examinations.
He has sold 900 bottles of Cerebral Success, which costs $10 to make, to college students. After pitching, he awaits the sharks’ offer.
Daymond John withdraws without offering. He doesn’t trust Trevor’s science.
Robert Herjavec has also withdrawn without making an offer. Acknowledging Daymond’s credible evidence.
Mark Cuban declines too. Saying he may have invested in Trevor’s company if he used the proceeds for study and research, but he doubts it. Kevin O’Leary declines. Declaring that he understands a deal won’t pay off.
Barbara Corcoran then offered Trevor $75,000 for 40% equity. He proposed $75,000 for 37% stock, but Barbara refused. Although the other sharks were disappointed, he ultimately decided to work out a deal with Barbara Corcoran.
|2015||Smart X product rebranded|
|2016||Get Cerebral Success patented|
|2019||Used more money for research and went out of business|
Cerebral Success Shark Tank Net Worth
Since Cerebral Success is no longer available in 2023, we do not know its current valuation. When the company was featured on Shark Tank in April 2014, its worth was roughly $190,000. As of the year 2023, Trevor Hiltbrand, Cerebral Success’s creator, has amassed an estimated net worth of 21 Million USD.
Cerebral Success Competitors
These are some of Cerebral Success’ main competitors.
- Corr-Jensen (AbCuts)
Cerebral Success is a brain booster that will help you achieve your full mental potential.
Cerebral Success is no longer in business, but the company’s products have been renamed
12 elements in Cerebral Success have been related to enhanced cognitive function.
Here are some examples:
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