Speargo is a unisex designer lifestyle brand that specializes in creating comfortable yet high-quality clothes. The company was started by Terry Brown who was just 13 at the time back in January 2018. He started by reselling t-shirts to his friends and family in his neighborhood.
The company had a huge popularity spike when it appeared on the famous TV show Shark Tank. Since then, its products have been worn by celebrities and artists such as DaBaby, Lil Dirk P.Diddy, Meek Mill, Shaquille O’Neal, and many more.
| Information | Details |
|---|---|
| Brand Name | Speargo |
| Founder | Major Stakeholders |
| Major Stake holders | Terry Brown, P.Diddy, Draymond Jhon |
| Valuation | $2 million US Dollars |
| Annual Revenue | $2.5 million (15% profit margin) |
| Primary Industry | Clothing |
| Other Industry | Online Retail |
| Headquarter | Philadelphia, Great Lakes |
About Terry Brown and Speargo
Terry Brown just on his 12th Birthday had gotten $178 which he used to buy 16 T-shirts which he managed to sell to his friends and family in one week. After this, he started to reinvest in different apparel and started to sell his clothes door to door in Philly.
He also got connected to famous rapper P.Diddy who was inspired by Terry’s work and gave him a $25000 grant. After this, the famous rapper would also promote his clothes through his Instagram, leading to his brand increasing in orders and popularity.
Terry Brown and his mother Sherel Petterson would appear on the famous TV show Shark Tank in July 2022 in which he would secure a funding of $300000 for 20% with Investor Draymond John. After appearing in the show, his brand would garner a lot of attention and positive feedback resulting in doubling his orders overnight.
His brand would also be selected by the Philadelphia 76ers as part of the Team’s Buy Black Program. With the program, Terry’s Brand received expert consulting, advertising, and as well as funding. It is estimated that the Philadelphia 76ers have invested over $200000 in Terry’s brand. Since then, the Brand has been slowly growing and gaining traction over time. The Brand has expanded its operations to Arlington, Pennsylvania, and Virginia, and many states across the US.
Terry Brown’s Personal Life
Terry Brown is quite active on his Instagram account sharing his lifestyle, and business growth and actively promoting his brand to his 97k Instagram followers. Terry Brown aims to become a billionaire by the age of 21. He has also become a good role model for the kids/teens in his city after giving many talks as a youth speaker at Rowan University, Mastery Charter School, Delaware Youth Summit, Holland Elementary School, and many more.
He was also featured on a billboard in Times Square through CNN and also recognized for his community work and received a key to the city by Kenyatta Johnson who is a member of the city council. He is currently pursuing his high school education at the time of this writing. He plans on opening physical locations, expanding his brand, mentoring young people, and becoming an international speaker as per the Speargo website.
Terry as described by his mother is an extremely hard-working man sharing one incident where he had to be hospitalized after overworking with all the orders for his brand. He is currently leading his brand, designing the style and quality of the product along with his mother.
| Full Name | Terry Brown |
|---|---|
| Nationality | American |
| Date of Birth | 31 December , 2005 |
| Age | 18 |
| Net Worth | Approx. $1 Million |
| Height | 174m |
| Weight | 84Kgs |
| Father | Unknown |
| Mother | Sherral Petterson |
| Education | High School |
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