5 Fast Facts About Hidrant on Shark Tank

Dave Heimbuch is an entrepreneur who took his firm Hidrent to the sharks on “Shark Tank”to see if he might get one of many sharks to put money into his firm throughout the November 12, 2021 episode of the hit ABCshow.

The episode synopsis revealed, “an entrepreneur from Celina, Texas, pitches his revolutionary on-line device to assist off-duty firefighters make extra revenue whereas serving to their group.”

The entrepreneur pitched his firm to sharks Mark Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec and visitor shark Nirav Tolia, founding father of NextDoor.

Here’s what you have to learn about Hidrent on “Shark Tank:”

1. Marrying Into a Family of Firefighters Inspired Dave Heimbuch to Start Hidrent

Dave Heimbuch spent nearly all of his profession in Chicago earlier than relocating to Dallas, Texas. He is not a firefighter — however many members of his partner’s household are. In an interview with Heavy, Dave stated, “I used to be having a dialog sooner or later with my brother-in-law, who’s a firefighter, about some dwelling repairs I used to be having completed. I advised him about how I used this actually cool app to discover a contractor.”

His brother-in-law enlightened him to the fact of firefighters and their additional job, saying,”Dave, I understand how to do this kind of labor. In reality, anybody at our station might have completed that. All firefighters have facet hustles.”

A lightbulb went off in Dave’s head and he stated to his brother-in-law,”Really? So how do you guys market your providers, as a result of if I had identified I might have employed an off-duty firefighter I’d have completed that as a substitute.” He stated, ‘I do not know…phrase of mouth. We’re firefighters, not entrepreneurs.’

Dave thought there needed to already be one thing on the market serving to firefighters discover a facet gig. He seemed and seemed however there wasn’t. So Dave, with the assistance of his brother-in-law and different firefighters constructed Hidrent. The firm launched in May 2017.

2. Dave Heimbuch Has a Background in Sales and Marketing

Before founding Hidrent, Dave Heimbuch labored in digital advertising and gross sales in Chicago. In an interview with Heavy, he stated,I’ve labored for a number of profitable advert tech startups, and I used to be all the time the primary particular person employed in Chicago and charged with rising gross sales, hiring a workforce and opening an workplace.”

After graduating from the University of Nebraska with a bachelor’s diploma in enterprise administration, Dave labored for quite a few firms and startups together with About.com, Value Click Media, Photobucket and Shazam, his LinkedIn profile reveals.

Dave spoke to Heavy about his time at Shazam saying, “I used to be the primary particular person employed in Chicago to open up their Central area workplace again in 2011. I beloved working for startups and knew that sooner or later, with the proper concept, that I might do it myself.”

3. He Tackled the Challenges of Growing His Company Head-on

Founding an organization is a problem all in itself. Growing an organization is a complete new problem. Growing Hidrent gave Dave Heimbuch a specific problem. In his interview with Heavy, he stated, “The greatest problem that I’ve confronted constructing the corporate has been making an attempt to match the demand with the availability…or the availability with the demand.”

Hidrent is a two-sided market. There’s the facet of the house owner who wants assist and there is the facet of the firefighters who want to enroll in the service. Dave stated, “We have to have the firefighters join earlier than we begin promoting for jobs to be submitted, and if that takes too lengthy then the firefighters would possibly lose curiosity. We undoubtedly cannot have homeownerssubmitting jobs if there’s no person accessible to simply accept them, so it turns into a juggling act.”

Hidrent’s web site says, “Firefighters are uniquely certified to proceed serving their group throughout their day without work. Most firefighters work 24 hours on obligation, adopted by 48 hours off obligation.Hiring an off-duty firefighter will complement their revenue and leverage their abilities and experience – when you get the provide help to want from somebody you may belief to get the job completed proper.”

4. Hidrent Made the Best of a Bad Situation During the Pandemic

The coronavirus pandemic proved to be troublesome for quite a few companies and industries. Dave Heimbuch advised Heavy, “When the pandemic started, I needed to take a detailed take a look at our model as a result of I wasn’t positive if individuals would any longer let firefighters, or anybody for that matter, into their properties to finish small duties.”

He added, “We had been a kind of companiesthat actuallymade one of the best of a horrible scenario.”

He did that by focusing all of Hidrent’s consideration on important companies. Hidrent’s firefighters had been busier than ever throughout the pandemic working with movers, development firms, and even a COVID testing middle, Dave advised Heavy.

5. ‘Shark Tank’ Was a Once-in-a-Lifetime Opportunity

Dave Heimbuch stated he was extraordinarily nervous throughout his “Shark Tank” presentation. He advised Heavy, “My expertise on Shark Tank was a variety of enjoyable. Granted, I used to be extraordinarily nervous however I actually went into it pondering this can be a once-in-a-lifetime alternative, and that I ought to simply loosen up, soak it in and revel in it.”

He stated the sharks had been pleasant and there wasn’t a lot friction throughout his presentation. He stated, “I’ve given the investor pitch for my firm a whole bunch of instances, so I simply tried to maintain it skilled. I nearly made it to the very finish earlier than I made a mistake after which some shenanigans ensued, however we’ll must tune in to see in the event that they air it.” We requested Dave what the error was. He stated, “Let’s simply say that it is by no means a good suggestion to name somebody by the improper identify.”

Like different founders who go on “Shark Tank,” Dave discovered that he additionally suffers from “tank amnesia.” He stated, “To at the present time I nonetheless have a restricted reminiscence of the whole dialog. I bear in mind bits and items, however there isn’t any means I might put all of it collectively. The loopy factor concerning the show is that you simply discuss for a very long time, however solely 5-7 minutes of the dialog airs. I’ll most likely by no means know precisely whatI stated until I see it on TV.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here