Lit Handlers Net Worth: Destiny Padgett, a young entrepreneur who wanted to grow her business by enlisting the help of some of the world’s most successful businessmen to invest in her firm, Lit Handlers, was featured on episode 25 of ABC’s “Shark Tank” season 12 premiere. Many viewers were taken aback by the unique and ingenious insulating drink sleeves, and they were intrigued to see how “bright” the future of Lit Handlers truly is. Let’s find out for ourselves, shall we?
Lit Handler is a business that manufactures hand-holders for a variety of beverage types and sizes. They started out with a small selection, but have now grown to include a larger choice of Handlers, such as Pint Size Ice Cream, Wine Tumbler, Bottleneck, Pint Glass, Can, and Small & Medium Coffee. They also provide a number of other products. They also provide neoprene bags, sleeves without handles, and a variety of other products.
Behind the success story of Founder Destiny is a great deal of hard work and sacrifice on the part of the team. Before becoming a successful entrepreneur, Destiny Padgett had suffered a great deal of personal loss. After losing his kid ten weeks earlier and learning that the child’s father was also in the hospital, he committed himself.
He has encountered many challenges in the first year of his business. He’s also heard that people with mental illnesses go on visits. But he got to work, putting in long hours to realize his goal of becoming a great startup. In his departure, he left behind all of his grief and suffering and made the promise that he would financially protect his family and do something better in the future.
His inspiration to establish his own firm came to him in 2016, when he was working as an employee for the LITcancoolers company. He launched his company, Lit Handler, in July 2017 after doing extensive study on the subject.
He is now considering how he might expand his startup’s reach and publicize it in the next months. He thinks that he will become a successful entrepreneur in the future, and as a result, he is working very hard right now.
Destiny Padgett, a native Texan, was the driving force behind the establishment. Lit Can Coolers is the result of Destiny’s time at BYU-Pathway Worldwide, which she attended from 2010 to 2012. Lit Can Coolers basically evolved into the initial version of Lit Handler due to the fact that the two companies had goods and branding that were comparable. Eventually, after five years, Destiny’s business was officially transferred to Lit Handler, and the company’s support concepts are now under consideration for patent protection.
Destiny Padgett, the founder, and brains of Lit Handlers, is a young entrepreneur who graduated from an online institution called BYU Pathway in 2012 and launched her own business only four years later, in 2013. Although Destiny hasn’t revealed where she got the concept for this company, we do know that it was previously known as LITcancoolers and that it was only when she introduced the patent-pending koozies with handles that it was renamed to its present moniker. Her goods are marketed on the internet under the slogan “The Littest Handlers and Koozies.”
When it comes to entrepreneurs attempting to make their ideas a reality, being on ‘Shark Tank’ is just half of the fight. Taking your pitch to the sharks is a nerve-wracking process, and since it is their money that you are pitching to, you can expect to be interrogated thoroughly.
It’s a horrible feeling to have sharks turn down your investment proposal. However, when Destiny Padgett, the creator of Lit Handlers, came in and requested for $200,000 in exchange for a ten percent stake in her business, a few sharks said no for a very intriguing reason: they thought she didn’t need them and was already on the road to financial success!