Spy Escape And Evasion - Shark Tank Update

Spy Escape and Evasion - Professional Services

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Season 5, Episode 17 Founded by Jason Hanson In Business

Spy Escape And Evasion Details

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Shark Tank Episode Details

Founders Jason Hanson
Air Date 2014-02-21
Season & Episode Season 5, Episode 17
Initial Ask $100K for 15.0% equity
Deal Details Got deal: $150K for 45.0% equity from Daymond John
Estimated Yearly Revenue $3M
Estimated Net Worth (4x estimated revenue) N/A

The Shark Tank Pitch

Jason Hanson, a former CIA field agent, appeared on Shark Tank Season 5 seeking $100,000 for 15% equity in his Spy Escape and Evasion training program, which taught civilians practical self-defense and survival skills including lock picking, escape techniques from restraints, and evasion tactics originally developed for intelligence operatives working in dangerous overseas environments. Hanson had transitioned from his CIA career to entrepreneurship after recognizing that the demanding lifestyle of field work wasn't conducive to family life, moving to Utah to establish the Concealed Carry Academy and developing specialized courses that initially served corporate executives and high-profile individuals who traveled to dangerous locations.

His training program had evolved to attract a broader audience of "average Americans" seeking practical self-defense skills, generating $306,000 in total sales with impressive $128,000 in net profits, while charging $600 for comprehensive two-day courses that he conducted on a 320-acre property in Utah that he planned to develop into a premier "spy ranch" training facility. During his pitch, Hanson demonstrated his techniques by having Barbara Corcoran duct tape his hands and Robert Herjavec tie his hands with zip ties, then quickly escaping from both restraints using methods he taught in his courses, showcasing the practical value and effectiveness of his training curriculum.

His business had already achieved significant validation with 70% male enrollment spanning ages 9 to 70, attracting everyone from corporate executives to soccer moms, though he maintained careful screening procedures to ensure participants enrolled for appropriate self-defense purposes rather than potentially harmful reasons.

Where Are They Now?

After intense negotiations where Barbara Corcoran and Kevin O'Leary expressed skepticism about people traveling to Utah for training, and Robert Herjavec offered $100,000 for 50% equity, Daymond John made a compelling counter-offer of $150,000 for 45% with the condition that Jason accept immediately, which he did, walking away with a deal that would transform his business. The partnership with Daymond proved extraordinarily successful, as Jason reported the deal officially closed and Daymond became "an awesome partner" who provided weekly communication and crucial connections that Jason lacked, particularly in internet marketing where his expertise was limited.

The Shark Tank appearance created an immediate explosion in business, with website traffic spiking dramatically and sales reaching $200,000 in a single week compared to the usual eight months required to achieve such numbers, demonstrating the incredible power of television exposure combined with a compelling product offering. Jason leveraged the partnership and exposure to expand beyond training courses into media appearances, including segments on Rachel Ray, the NBC Today Show, and specialized content with Lester Holt covering evasive driving techniques, while also developing his Utah spy ranch facility and writing books on safety and survival topics.

By 2023, Spy Escape and Evasion continues operating successfully with Jason conducting training courses nationwide, maintaining an active website offering self-defense products and books, and generating an estimated $3 million in annual revenue while serving customers who appreciate practical skills for personal protection in an increasingly uncertain world.

Revenue

$3M

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