The First Defense Nasal Screens (FDNS) were invented to keep pollutants and dust away from our lungs. This revolutionary filter is very easy to use and can make a big difference and improve your overall life quality. So, how much is Joe Moore’s and First Defense Nasal Screens net worth? Let’s find out!
What Will I Learn?
How It All Started
After surviving a dangerous allergic attack, Joe Moore decided to do something to help himself and other people in a similar situation. That is when in 2012, he came up with the idea of nasal air filters, but he did not have the money to make it happen. That is when he decided to apply for Shark Tank.
How Nasal Filter Works
The filter works like a mask, but it is much more convenient to use. It protects you from small particles, respiratory droplets, smoke, allergens, and pathogens. First lab tests showed that the success rate is stunning 92%. Take a look at this video to see how it is actually applied and how it works.
How ABC’s Shark Tank Deal Changed Everything
The brand’s Shark Tank history began when Moore applied for the Shark Tank season 2 and made an appearance in the second Shark Tank episode. Initially, the sharks were not impressed. However, when they heard that Joe was already selling his nose filter and that he had millions of orders waiting, they got intrigued. The company’s founder Joe refused the offer of $4 million for the entire company but accepted $750,000 as a loan in exchange for 30% and season tickets for Dallas Mavericks. The deal was offered by Kevin, Daymond, Barbara Corcoran and Mark, and the Shark Tank blog reported all about it.
The Evolution of the Nasal Filter
After leaving the Shark Tank show, entrepreneur Joe got the biggest deal from Asia and decided to drop off the Shark Tank deal. Although it was a gamble, it paid off, he is now a millionaire, and his nasal screen is being sold in more than 50 countries across the world, and the nasal filter is especially popular in Asia, where they have been struggling with air pollution for years.
First Defense Nasal Screens Net Worth Revealed
With an insane annual revenue, it is assumed that the estimated net worth of the world’s first nose filter is around $50 million. The company does not reveal its financial reports, so we can only guess how things are going. When it comes to the founder, Joe More, we can say that he made a wise decision by refusing the Shark funding him, which by the way never happened in the show’s history because the largest offer was just around the corner.
Willing to Give the Nasal Filter a Chance?
If you’re suffering from any respiratory ailments or you want to stop breathing in all the bad stuff that’s in the air, this might be the right solution for you. In terms of investing and business, this is a good example of how wise decisions don’t necessarily have to be related to the biggest offer on the table.
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