Dance With Me - Shark Tank Update

Dance With Me - Fitness Programs

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Season 3, Episode 14 Founded by Billy Blanks Jr. In Business

Dance With Me Details

Shark Tank Episode Details

Founders Billy Blanks Jr.
Air Date 2012-05-11
Season & Episode Season 3, Episode 14
Initial Ask $100K for 20.0% equity
Deal Details Got deal: $100K for 50.0% equity from Mark Cuban, Daymond John
Estimated Yearly Revenue $1.2 million
Estimated Net Worth (4x estimated revenue) $4 million

The Shark Tank Pitch

Billy Blanks Jr., son of the famous fitness guru Billy Blanks, brought his dance fitness program to Season 3 of Shark Tank seeking $100,000 for 20% equity in Dance With Me. Building on his family's legacy in fitness entertainment, Billy Jr. developed an innovative dance-based fitness program that combined popular dance moves with effective workout routines, targeting the growing market of people who wanted fun alternatives to traditional exercise.

His energetic presentation showcased the entertainment value and fitness benefits of his program, which was designed to make exercise enjoyable and accessible to people of all fitness levels. The concept capitalized on the popularity of dance-based fitness programs and the increasing demand for home workout solutions.

After negotiations, Billy initially declined the deal and walked out of the Tank – at which point, in a Shark Tank first, he was followed out of the studio by a producer and offered the chance to reconsider. He returned and accepted the deal with Mark Cuban and Daymond John, who split the investment with $100,000 for 50% equity, recognizing the potential in the fitness entertainment market and Billy's family brand recognition.

Where Are They Now?

Dance With Me has evolved and expanded successfully in the competitive fitness industry, though Billy Blanks Jr. has rebranded and diversified his offerings under the "Dance It Out" brand. The business has grown beyond the original concept pitched on Shark Tank, incorporating various dance fitness programs and expanding into digital platforms to reach a broader audience.

Billy has leveraged his family's fitness legacy while establishing his own identity in the dance fitness space, creating programs that appeal to different demographics and fitness levels. The company has adapted to industry changes including the shift toward online fitness content and streaming platforms, maintaining relevance in the evolving fitness market.

With estimated annual revenue of $1.2 million, Dance With Me/Dance It Out demonstrates how fitness entertainment concepts can build sustainable businesses by adapting to market trends and consumer preferences. The success reflects the enduring appeal of dance-based fitness and the value of combining entertainment with exercise to create engaging workout experiences.

Revenue

$1.2 million

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