Fit Deck Workout Cards - Shark Tank Update

FitDeck - Fitness Programs

Published

Season 5, Episode 15 Founded by Phil Black In Business

Fit Deck Workout Cards Details

Shark Tank Episode Details

Founders Phil Black
Air Date 2014-01-24
Season & Episode Season 5, Episode 15
Initial Ask $300K for 20.0% equity
Deal Details No deal
Estimated Yearly Revenue Unknown
Estimated Net Worth (4x estimated revenue) Unknown

The Shark Tank Pitch

Phil Black, a former Navy SEAL with an MBA from Harvard Business School, appeared on Shark Tank Season 5 seeking $300,000 for 20% equity in his FitDeck Workout Cards company, which he created as a low-tech solution to help people diversify their fitness routines through illustrated exercise playing cards that could be shuffled for random workouts or arranged in custom sequences. Black's military background and academic credentials gave him credibility in fitness and business strategy, but his product faced the challenge of competing in an increasingly crowded exercise market that was moving toward high-tech solutions and expensive equipment rather than simple, portable alternatives.

The FitDeck system consisted of professionally illustrated playing cards, each featuring a different exercise with clear instructions and variations, designed to prevent workout routines from becoming boring while requiring no equipment or gym membership, making fitness accessible to anyone regardless of location or budget. Black had demonstrated remarkable persistence in building his business over seven years, selling approximately 500,000 decks through his website and various retail channels, with cards costing about $2 to manufacture and retailing for approximately $15, though profitability remained elusive despite the substantial unit sales.

In the year prior to his Shark Tank appearance, FitDeck had generated $640,000 in sales by moving 55,000 units, but the business showed zero profit due to operational costs, marketing expenses, and the challenges of scaling a product that faced intense competition from fitness apps, video programs, and traditional gym equipment. The sharks expressed skepticism about the business model and market positioning, with Mark Cuban, Daymond John, and Robert Herjavec questioning Phil's vision for growth in a saturated market, while Lori Greiner and Kevin O'Leary cited concerns about market saturation and the company's inability to achieve profitability despite years of operation and substantial sales volume.

Where Are They Now?

Despite leaving Shark Tank without a deal after all five sharks passed on his investment request, Phil Black's FitDeck Workout Cards achieved a successful exit when he sold the company to Implus, a marketing company specializing in outdoor and fitness products, validating his concept and providing him with the capital to pursue his next entrepreneurial venture. The acquisition by Implus represented a positive outcome for Black's years of persistence and demonstrated that sometimes the value of a business extends beyond immediate profitability to include brand recognition, customer base, and market positioning that larger companies can leverage more effectively.

Following the sale of FitDeck, Black launched PrepWell Academy, an educational company focused on helping high school students prepare for college admissions and career success, which became successful enough that he returned to Shark Tank in Season 11 seeking investment for this new venture. The PrepWell Academy concept leveraged Black's military discipline, business education, and entrepreneurial experience to address the growing market demand for college preparation services, demonstrating his ability to identify market opportunities and build businesses that serve important consumer needs.

FitDeck Workout Cards continue to be available through Amazon and other retail channels under Implus ownership, maintaining their position in the fitness card market while benefiting from the parent company's distribution network and marketing resources that Black could not have accessed as a solo entrepreneur. Black's journey from Navy SEAL to Harvard MBA to serial entrepreneur illustrates the value of persistence, market validation, and strategic exits, proving that even when immediate profitability proves elusive, successful businesses can create value through brand development, customer acquisition, and strategic positioning that appeals to larger companies seeking to expand their market presence.

Revenue

Unknown

Explore More

Browse Seasons

Explore products by season and episode

Browse by Seasons

Season Navigation

Explore other episodes

View All Seasons

Back to Home

See featured products and updates

Home Page

Help Us Keep Information Updated

Found broken links or outdated info? Let us know!