Welcome to our article on Heat Helper, a revolutionary device that redirects warm air from a laundry drying machine into the home, providing energy-saving benefits and reducing heating costs. In this article, we will explore the founder of Heat Helper, its appearance on Shark Tank, its net worth, and more.
Heat Helper was invented by Lyle Schuette, an entrepreneur based in Derby, Kansas. Inspired by his wife’s struggle with laundry due to a back problem, Lyle created Heat Helper as a solution to raise the dryer and recycle the heat produced to warm the house.
Key Takeaways:
- Heat Helper is a device that redirects warm air from a dryer into the home, reducing heating costs.
- Lyle Schuette appeared on Shark Tank seeking $100,000 for a 50% stake in his company but did not secure a deal.
- The current net worth of Heat Helper is unclear.
- Deflecto Extra Heat Dryer Saver is its main competitor.
- Heat Helper’s website is no longer active, but Deflecto is producing a similar product.
What is Heat Helper?
Heat Helper is an innovative device that revolutionizes the way we utilize the heat generated by our electric laundry drying machines. By redirecting warm air from the dryer into the home, this technology offers numerous benefits, including cost savings on heating expenses and positive environmental impact.
When attached to an electric dryer, the Heat Helper device collects and filters the hot air that is usually vented outside. Instead of wasting this valuable heat, Heat Helper redirects it back into the house. This simple yet highly effective innovation allows homeowners to make the most of their dryer’s warmth, reducing the need for additional heating and lowering energy consumption.
How Heat Helper Works
The Heat Helper device is specifically designed to be compatible with electric dryers. It seamlessly attaches to the machine and efficiently captures the hot air it generates during the drying process. By using a filtering system, Heat Helper ensures that only clean, warm air is redirected into the home, free from any lint or contaminants.
Once the hot air is collected, Heat Helper channels it through a specially designed duct system that directs the warmth into different areas of the house. This innovative technology allows homeowners to efficiently heat specific rooms or provide overall warmth throughout their living spaces, depending on their needs.
The Benefits of Heat Helper
The Heat Helper device offers several notable benefits:
- Energy Savings: By harnessing the heat produced by the dryer and recycling it within the home, Heat Helper reduces the need for additional heating, resulting in significant energy savings.
- Cost Reduction: With decreased energy consumption, homeowners can expect to see a noticeable reduction in their heating bills, saving money in the long run.
- Environmental Impact: By utilizing the heat that would otherwise be wasted, Heat Helper contributes to a more sustainable lifestyle by reducing energy waste and carbon emissions.
- Convenience: With Heat Helper, homeowners can enjoy the warmth generated by their dryer without the need for additional heating devices or systems.
Whether it’s redirecting warmth to a specific room or maintaining overall comfort throughout the house, Heat Helper’s innovative technology provides a practical and efficient solution for maximizing the benefits of your electric dryer.
Heat Helper on Shark Tank
On Season 3 Episode 7 of Shark Tank, Lyle Schuette presented his innovative product, Heat Helper, to the panel of investors. Looking for a $100,000 investment in exchange for a 50% stake in his company, Lyle aimed to showcase the value of Heat Helper and secure a deal.
During his pitch, Lyle revealed that he had already generated sales for Heat Helper. With approximately 680 units sold through his website and major retailers, the product had gained traction in the market.
As part of his valuation, Lyle set Heat Helper’s worth at $200,000, based on his asking price for the investment. The Sharks displayed interest in the product, recognizing its potential benefits and market appeal.
Unfortunately, despite garnering attention from the panel, Lyle did not receive any offers for Heat Helper. The Sharks passed on the opportunity to invest, leading to a missed deal on the show. However, Heat Helper’s appearance on Shark Tank increased its visibility and attracted significant interest from potential customers and online visitors.
| Heat Helper on Shark Tank | Investment | Valuation | Sales |
|---|---|---|---|
| Season 3 Episode 7 | $100,000 | $200,000 | Approximately 680 units |
Heat Helper Net Worth
The current net worth of Heat Helper is unclear as of 2023. Lyle Schuette’s valuation of $200,000 on Shark Tank was based on his asking price of $100,000 for a 50% stake in the company. However, without a deal from the Sharks, the exact net worth of Heat Helper cannot be determined.
Heat Helper Competitors
In the world of energy-saving laundry dryer devices, Heat Helper faces stiff competition from its main rival, Deflecto Extra Heat Dryer Saver. Developed by Deflecto, a renowned manufacturer based in Indianapolis, Indiana, Deflecto Extra Heat Dryer Saver is a comparable device that aims to redirect warm air from a dryer into the home, delivering similar energy-saving benefits as Heat Helper.
Both Heat Helper and Deflecto Extra Heat Dryer Saver are designed to harness the heat generated by electric dryers, ensuring it is not wasted by venting it outside. Instead, the devices redirect the warm air into the house, helping to reduce heating costs and providing a more environmentally friendly drying solution.
While Heat Helper and Deflecto Extra Heat Dryer Saver share the same goal, their specific features and functionalities may differ. It is important for prospective buyers to thoroughly research and compare the two devices to determine which one best suits their needs and preferences.
Comparison of Heat Helper and Deflecto Extra Heat Dryer Saver:
| Features | Heat Helper | Deflecto Extra Heat Dryer Saver |
|---|---|---|
| Compatibility | Compatible with electric dryers | Compatible with electric dryers |
| Functionality | Collects and filters hot air from the dryer, redirecting it indoors | Collects and redirects hot air from the dryer, ensuring it is not wasted |
| Energy-saving benefits | Reduces heating costs, benefits the environment | Reduces heating costs, benefits the environment |
| Availability | Available through Heat Helper’s website and major retailers | Available through Deflecto’s website and major retailers |
Ultimately, it is up to the consumer to decide which device will provide the most effective and efficient energy-saving solution for their home. Both Heat Helper and Deflecto Extra Heat Dryer Saver offer innovative technology to harness the power of warm air from dryers, contributing to a more sustainable and cost-effective laundry experience.
Heat Helper Updates
After appearing on Shark Tank, Lyle Schuette experienced a surge in online traffic and inquiries about Heat Helper. He was in talks with a Canadian distributor and a Wichita manufacturer, but eventually closed the business in 2019. Despite the closure, Heat Helper’s website is no longer active, and Deflecto of Indianapolis, Indiana, is producing a similar product.
| Heat Helper Updates | Status |
|---|---|
| Online Traffic and Inquiries | Surge in traffic and inquiries after Shark Tank appearance |
| Distributor and Manufacturer | In talks with a Canadian distributor and a Wichita manufacturer |
| Closure | Business closed in 2019 |
| Website | Heat Helper’s website is no longer active |
| Similar Product | Deflecto of Indianapolis, Indiana, is producing a similar product |
Founder of Heat Helper
Lyle Schuette is the founder of Heat Helper, a innovative device that redirects warm air from a laundry drying machine into the home to reduce heating costs. Based in Derby, Kansas, Lyle is also the owner of Schuette’s Dirt Works, a successful business.
Heat Helper was born out of Lyle’s wife’s struggle with doing laundry due to a back problem. Determined to find a solution, Lyle designed Heat Helper to raise the dryer and recycle the heat it produces to warm the house, providing a practical and eco-friendly solution.
Lyle Schuette’s Background
“The idea for Heat Helper came to me when my wife was unable to do laundry because of her back condition. I wanted to find a way to make this everyday task easier for her while also maximizing energy efficiency. That’s when Heat Helper was born.”
Lyle’s background in entrepreneurship, combined with his hands-on experience in the construction industry through his dirt works business, played a crucial role in developing and bringing Heat Helper to the market.
Key Takeaways:
- Lyle Schuette, the founder of Heat Helper, is based in Derby, Kansas and is also the owner of Schuette’s Dirt Works.
- Heat Helper was created out of Lyle’s wife’s need for a solution to the challenges of doing laundry due to a back problem.
- Lyle designed Heat Helper to raise the dryer and recycle the heat it produces to warm the house, providing a practical and eco-friendly solution.
Heat Helper on Shark Tank Outcome
Despite generating interest from the Sharks with his Heat Helper pitch, Lyle Schuette did not receive a deal on Shark Tank. Let’s take a closer look at the Sharks’ reactions:
“Daymond John expressed concerns about getting the product into large retail outlets.”
“Mr. Wonderful saw more potential in Lyle’s dirt business.”
“Barbara Corcoran had reservations about the product.”
“Mark Cuban and Robert Herjavec did not see it as a worthy investment.”
Despite not securing a deal, Lyle’s appearance on Shark Tank brought increased online traffic and inquiries for Heat Helper, showcasing the potential and interest in the product.
Heat Helper After Shark Tank
Following its appearance on Shark Tank, Heat Helper faced challenges and ultimately closed its business in 2019. Lyle Schuette, the founder, continued to operate Heat Helper as a side venture, but the company was unable to sustain itself. As a result, the Heat Helper website is no longer active, and the business ceased its operations.
Although Heat Helper faced closure, there is a similar product available in the market. Deflecto, based in Indianapolis, Indiana, offers a comparable device that serves the same purpose as Heat Helper. While Heat Helper may no longer be available, customers interested in redirecting warm air from their dryers into their homes can explore Deflecto’s Extra Heat Dryer Saver as an alternative.
While Heat Helper may not have achieved long-term success after Shark Tank, its appearance on the show generated increased online traffic and inquiries. For a period of time, Lyle Schuette was in talks with a Canadian distributor and a Wichita manufacturer, demonstrating interest in the product. However, despite these early efforts, Heat Helper ultimately closed its doors, leaving Deflecto to offer a comparable solution for consumers.
FAQ
What is Heat Helper?
Heat Helper is a device that can be attached to an electric laundry drying machine to redirect warm air into the home, reducing heating costs and benefiting the environment. It collects and filters hot air from the dryer and redirects it inside the house instead of venting it outside. The device was invented by Lyle Schuette when his wife had difficulty doing laundry due to a back problem. Heat Helper is only compatible with electric dryers.
Did Heat Helper appear on Shark Tank?
Yes, Heat Helper appeared on Season 3 Episode 7 of Shark Tank. Inventor Lyle Schuette pitched the product, seeking 0,000 for a 50% stake in his company. However, he did not receive a deal from the Sharks.
What is the current net worth of Heat Helper?
As of 2023, the current net worth of Heat Helper is unclear. Without a deal from the Sharks, the exact valuation of the company cannot be determined.
Who is Heat Helper’s main competitor?
Heat Helper’s main competitor is Deflecto Extra Heat Dryer Saver, a comparable device manufactured by Deflecto in Indianapolis, Indiana. Both devices aim to redirect warm air from a dryer into the home, providing energy-saving benefits.
What happened to Heat Helper after appearing on Shark Tank?
After appearing on Shark Tank, Lyle Schuette continued to operate Heat Helper as a side business. He was in talks with a Canadian distributor and a Wichita manufacturer but ultimately closed the business in 2019. The Heat Helper website is no longer active. However, Deflecto of Indianapolis, Indiana, is producing a similar product.
ncG1vNJzZmiykZi3sLTNrKanZpOkunC0xJqrZqCVob2mvoysn5qqm2LBorrKaA%3D%3D