Minus Cal net worth  is a health and fitness brand known for their patented weight loss bars. They exploded onto the scene after appearing on Shark Tank but struggled to maintain their momentum and address customer concerns. Their story serves as a cautionary tale for entrepreneurs and highlights the importance of strong science, clear marketing, and building customer trust.

Founded in 2017, Minus Cal uses a fat-blocking ingredient called Choleve to create their protein bars. The founders pitched their product on Shark Tank in 2019, asking for a $500,000 investment in exchange for 20% equity. The Sharks were skeptical of the product’s claims and rejected the offer. Ultimately, the company closed down after a lack of sales and skepticism from consumers.

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To calculate net worth, you must first understand the difference between assets and liabilities. Assets are items that you own that can be sold for cash, including cash in your bank accounts and savings and retirement accounts. It also includes property like your home or car. Liabilities are the money you owe, including student loans and credit card debt.

Once you have a grasp on these two categories, subtracting your liabilities from your assets is easy. Regardless of how much you earn, you can build a substantial amount of wealth by reducing your liabilities and investing in appreciating assets. To see if you are on track to reach your financial goals, use this net worth calculator to keep an eye on your progress.