Acton’s Six-Figure Success: From Shark Tank Setback to Electric Vehicle Boom
Acton: A New Focus After Shark Tank
In a remarkable turn of events, Acton Skates has transformed since its appearance on Shark Tank. Despite facing a setback in securing investment, the company has rebranded as Acton Global and shifted its focus to electric skateboards and other innovative products. This pivot has proven successful, with Acton experiencing significant growth and a net worth of approximately $6 million as of 2023.
Electric Skateboards Take Center Stage
Acton’s electric skateboards and bikes have become popular, particularly on college campuses. The convenience and affordability of these vehicles have made them a popular choice for students looking for a quick and easy way to navigate campus.
Continued Growth in Electric Vehicle Industry
The electric vehicle industry is experiencing rapid growth, and Acton is poised to capitalize on this trend. The increasing popularity of wearable devices also presents opportunities for the company to explore new applications for its technology.
Potential for Last-Mile Delivery and Beyond
Acton’s electric skates could potentially be utilized for last-mile delivery, combining the efficiency of electric vehicles with the portability of wearable devices. This could pave the way for a convenient and cost-effective solution for urban transportation.
Embracing the Electric Revolution
Since its Shark Tank appearance, Acton has embraced the electric vehicle revolution and continues to innovate in the field. The company’s commitment to sustainable transportation and its ability to adapt to market trends have contributed to its success. With the electric vehicle industry projected to continue its growth, Acton is well-positioned to capitalize on this opportunity and achieve even greater heights in the future.
The Mastermind Behind Acton
Peter Treadway, the founder of Acton, has remained a driving force behind the company’s success. His unwavering passion for innovation and commitment to providing eco-friendly transportation solutions have played a pivotal role in Acton’s journey.