Pillars of Slippers is an affordable women’s shoe business with a unique design, founded by Nicole Jones. In Shark Tank Season 1, Episode 10, she sought $150,000 for 15% equity, valuing her business at $1 million.
Nicole sells her shoes through home parties and online, aiming to secure a shark investor to help her start a franchise. Unfortunately, none of the sharks expressed interest in investing in her business.
| Company Name | Pillars of Slippers | |
| Founder | Nicole Jones | |
| Founded | N/A | |
| Product | Stylish Shoes for Women | |
| Asked For | $150k for 15% equity | |
| Final Deal | No Deals | |
| Shark | No Sharks | |
| Episode (Shark Tank USA) | S1 E10 | |
| Air Date | Jan 29th, 2010 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Chicago, Illinois, USA | |
| Lifetime Worth (Sales) | $2M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
How Was The Shark Tank Pitch of Pillars of Slippers?
Nicole mentioned that her business has generated $70,000 in online sales and $64,000 from home parties, totaling $130,000 in sales so far. For those interested in a franchise, an initial license fee of $100,000 is required, which includes a pink SUV and other essential items.
Robert Herjavec expressed concern about why a woman would pay $100,000 for an SUV and additional items. Kevin O’Leary remarked, “You’re crazy,” and questioned how much cash Nicole had invested in her business idea.
Nicole has invested $200,000 in the store business and $60,000 in the current model. Kevin Harrington was not fond of Nicole’s licensing fee concept and declined to invest. Daymond John stated that the business was not for him, so he opted out.
Robert Herjavec argued that the business concept didn’t make sense and exited as well. Barbara Corcoran also chose not to invest, while Kevin O’Leary said there was no way he could agree to the $150,000 deal and dropped out.
Sharks Offers list!
| Sharks | Offers |
|---|---|
 Barbara Corcoran | No Offer |
 Kevin O’Leary | No Offer |
 Robert Herjavec | No Offer |
 Daymond John | No Offer |
 Kevin Harrington | No Offer |
| Founder’s (Countered) | No Counter |
| Final Deals | No Deals |
Pillars of Slippers Shark Tank Update
Nicole Jones expressed in an interview that she has no regrets about presenting her franchise model to the Sharks. In 2009, she published a book titled Dare to Walk in My Shoes, which is available for purchase on Amazon.
After conducting further research, we discovered that Pillars of Slippers is now out of business.
What Is Pillars of Slippers’s Net Worth?
Pillars of Slippers’ net worth is now $0, as the business has completely shut down. The founder, Nicole Jones, has not received any beneficial information since the closure. I believe this home-party franchise model is not a practical business idea for most women.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| 2005-20 | $2M *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| N/A | N/A | N/A |
Nicole Jones has been working as a sales associate at the popular shoe brand Shoe Palace since March 2015. Prior to this role, she spent seven months at PUMA. She holds both bachelor’s and master’s degrees from Heald University.
