When Kobe Harris started his lip balm company on his bedroom floor in 2019, he wasn't necessarily looking to immediately drop out of college.
Then, he sold $15,000 worth of lip balm in one day, and decided to take the leap, Harris said on Friday's episode of ABC's "Shark Tank."
He asked his mom for $200 to purchase some ingredients on Amazon, and used them to experiment with lip balm formulas on his bedroom floor at home while working a summer lifeguarding job, he added.
It's the advice Harris' mom, a multi-time business owner, gave him when he told her he wanted to drop out of college to make lip balm, he said.
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Persons:
Kobe Harris, Harris, salve, Harris didn't, Kendra Scott, Lori Grenier, Daymond John, Mark Cuban, Kevin O'Leary, O'Leary
Organizations:
Loyola University Chicago, CNBC
Locations:
Las Vegas, Kobee