Premium Essay

Shark Tank Paper

In:

Submitted By tluberger
Words 899
Pages 4
Shark Tank is an American reality show produced by Mark Burnett. The show is about aspiring entrepreneurs bringing their business plan up in front of a panel of potential investors to see if they can sell their product to them and get the total investment amount needed. Today the first entrepreneur was Sarah Schulz the founder of Schulzies bread pudding. She was seeking an investment of $160,000 for a twenty percent equity stake in Shulzies. All the investors were able to try a variety of bread pudding which turned out to be a delicious surprise. The only thing lacking in Sarah's business was a stable yet sturdy business plan. The investors definitely wanted to help her, but the risk was far too high. As we all know, to have a successful business you have to have a successful business plan or you will crumble. The second entrepreneur was James Ambler who is the owner of Paparazzi Proposals. They go around capturing the perfect moment of a marriage proposal. He was seeking a $250,000 investment for twenty percent equity in his company. He explained to the panel that he wants to expand his business to cities other than just New York. The investors gave him helpful advice on how to go about the expansion and all recommended to first saturate his current market, New York City, and then go on to other destinations. Three of the “sharks” simply told him they don't see the need for that amount of money because the company isn't worth that much. Laurie was very interested but was wanting a bigger piece of the pie, because she felt like she could show him how to move the business into extreme success. Out of the last three investors, they all decided to give him a portion of what he was asking with thirty three percent of the business. Lori and Kevin decided to partner giving him $50,000 for thirty three percent and loaning the rest when he needed it.

Similar Documents

Free Essay

Rags to Riches

...“ Rags to Riches” Taylor Buffington 5665 BADM 304, Spring 2014 Just like many people, we all dream of making it big and creating a name for ourselves in the world. In Daymond John’s case he did just that, along with perserverance and determination. Daymond turned his fast money scheme into a million dollar brand , which further more opened the door and led him into many more million dollar deals later in life. He was born on February 23, 1969, and grew up in ‘Hollis’ Queens, New York. Along with his seven brothers and sisters, Daymond was raised by his single mother. In his teens, he attended Bayside High School and during that time he participated in a co-op program. This allowed him to go to school on a alternating weekly basis and maintain a full time job at Red Lobster. Daymond’s first step into the entreprenueral field came from his want of a ‘tie-top’ hat that was a big fashion trend in his later teen years. Because they were such a high demand, tie-top hats were also pricey. Having learned and gain the ability to sew from his mother, Daymond began making personal ‘tie-top’ hats for his friends and himself. He saw this as an opportunity to make decent money and with the help of his neighbor, Carl Brown, they sewed around 100 hats and sold them for $10 in front of New York Coliseum. From one day’s profit, they together made $800 and realized it would be something worth continuing. He began by recruiting childhood friends, J. Alexander Martin and Keith Perrin, and...

Words: 801 - Pages: 4

Free Essay

Shark Tank Case Study

...Nicholas Richards 23/09/2015 Prin. of Man. Shark Tank paper BuggyBeds When viewing videos for this paper I saw some pretty great and just some not so great products. But one stood out to me from all the others. During the show for this product, two women presents the Sharks with a product called BuggyBeds. This product was presented as an early detector for bed bugs around the house. These monitors attract bed bugs to the trap and keep them trapped using a special formulated glue. As stated by both women pitching their product, the glue is not poisonous and is not harmful to people, which is a must if little kids are around. The monitors themselves are very small and easy to use. All one has to do is unpack the monitor and then place it around the area/furniture one thinks might contain bed bugs, preferable under the desired object. I found it interesting while watching this bit show when one of the women informed the Sharks that there really is not a lot of early detection systems for bed bugs. For them to produce a two-pack it just costs about ~ $1.60 – 1.75, and then they may market the product for about $6.99. I choose this product that will sell/win because of just how big a problem bed bugs are for a huge number of people and organizations. One fact stated by the women pitching this product is that a female bed bug can produce upwards to 500 more bed bugs. That is frightening, without anyway to deal with bed bugs they would just keep appearing. To me, I feel like...

Words: 437 - Pages: 2

Free Essay

Avoid Predation by Evolution

...------------------------------------------------- avoid predation by evolution by Joseph Yang April 13, 2015 by Joseph Yang April 13, 2015 Evolution is a change in the gene frequency in a population through time. Evolution causes an organism’s ability to survive to increase. In many cases, predators evolve to catch their prey more efficiently. Evolution is not one sided. The prey also evolves to avoid predation. In this paper, I will discuss three researches done on a prey’s evolution to survive against predation. I will discuss the tail autonomy in Tokay gecko (Sanggaard et al. 2012), the odorous and non-fatal secretion in Wrinkled frog (Yoshimura and Kasuya 2013), and the avoidance response in Brownbanded bamboo shark embryos (Kempster et al. 2013). Together, these studies show the effectiveness and vital impact of evolution to the survival of prey. Sanggaard et al. (2012) researched evolution in Tokay gecko (Gekko gecko) to investigate the mechanism of their tail autonomy by facilitating autonomy. The geckos were euthanized by pentobarbital and the tails were removed by induced autonomy. Moisture from the exposed end of the tail was collected and subjected to Gel Electrophoresis and Mass Spectrometry and analyzed using MS-BLAST. The tails’ structure was analyzed through multiple methods. Through Magnetic Resonance Imaging, a Micro Imaging 5 probe, a Great 60 Imaging system, a saddle coil, and a gradient cooling temperature of 20°C was utilized. Electron Microscopy...

Words: 1705 - Pages: 7

Premium Essay

Fin 370 Week 1 Terms

...Create a list of definitions of the following terms and identify their roles in finance: Finance: This is the study of how people and businesses evaluate investments and raise capital to fund them. It is also considered to be the science of the management of money and other assets. One example would be family personal finances, taking what is being made versus what is being spent, and evaluating that to purchase vehicles, homes or other family needs. Efficient market: This is a market whose prices quickly respond to the announcement of new information. One example would be the iphone. As soon as the new iphone 5 was released today, the iphone 4s is now on discount. Another great example would be the stock market, as these change drastically and often based on new announcements. Primary market: This is a part of the financial market where new security issues are initially bought and sold. One great example would be Companies, governments or public sector institutions that funding through the direct purchase of a new stock or bond. Secondary market: This is a financial market where previously issued securities such as stocks and bonds are bought and sold. A great example of this would be after the bank is issued stocks and bonds, they are then sold to consumers and customers at the bank. Risk: Risk is a possibility for investments. Shareholders, investors, business owners all have a certain amount of risk. Risk is the possibility you'll lose money if an investment you make...

Words: 717 - Pages: 3

Free Essay

Dont Know

...development 9. Where is the library located? Main Deck Who is the head librarian? Rebecca Tabakin Who is the evening librarian? Jennifer Galeota When is the library opened on Friday and Saturday? 0830-2000 10. How many computers are available in the library lab for student use? 20 How many in the lab in Room 415? 11. Where are two places you can find a copy of ECPI’s dress code? What are five inappropriate modes of dress? Why does ECPI enforce a dress code anyway? 12. Where are the Financial Aid offices located? Give me the name of at least two financial aid officers? 13. Where and what is the fishbowl? (If you like to be challenged additionally mention where or what is the shark...

Words: 887 - Pages: 4

Free Essay

Health Care Financing

...url=http://search.ebscohost.com/login.aspx?direct=true&db=a9h&AN=103436526&site=ehost-live&scope=site | http://library.gcu.edu:2048/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=a9h&AN=96202231&site=ehost-live&scope=site | http://library.gcu.edu:2048/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=ehh&AN=18274155&site=eds-live&scope=site | | | | | | 50 Word Paraphrased Abstract (Your own words) | Dr. Christensen challenges students to look at the most important priorities in life. He encourages people to find happiness in career and family life. Having a clear purpose that aligns with what is important to you will help you stay on track. | The Television Show “Shark Tank” has popularized entrepreneurship and encourage people to start their own business. Entrepreneurship spread a variety of products like jewelry, home repair products, food products, application for smart phones. Law students must increasing their interest in Entrepreneurship. | Today Universities are seen as innovation. It is not only provided the publications or knowledge but only they provide new products. They also provide good jobs and good salary, because students are very trained and very intelligent. Creating...

Words: 690 - Pages: 3

Premium Essay

Explain The Phases Of A Turtle In High School

...Testament and Mrs. Redding would teach us that life isn't just about the perfect test grade. The funny thing is, we thought that this was the hardest time of our lives, but little did we know it would just become even harder as we kept moving through this phase. Freshman year came to a close and we went our separate ways for summer. When we arrived back as sophomores that following fall, we felt a sense of "coolness", since we weren't freshman anymore. We were still detested by the upperclassmen but it didn't bother us. Like the turtle, we began to slowly peak our neck out of our shell. We would reconnect with our friends about all the interesting things we did that past summer. Sophomore year would go by slowly but with ease. "Shark tank" were the lesson plans in Mr. Dennis' Government class, and memorizing Avogadro's number in Chemistry were the memories we can recall. By the end of our sophomore year, the majority of us had our permits and we chose hard courses our Junior Year. We thought that sophomore year was a piece of cake so we weren't worried one bit for the year to come. By the time we knew it, sophomore year had come to an finish and we would enter our hardest year of High School, Junior Year. The quote by James Carville that best describes junior year states as follows, "You’re going to be doing things and you are going to be scared. It’s natural. Everybody is. And when that happens, and it’s going to happen more than once, do me a favor: go back to the...

Words: 929 - Pages: 4

Premium Essay

How To Write A Scholarship Essay

...rewarding career as a journalist, but at the top of the list is this: I want to make an impact. Somehow, somewhere, I want to help Americans become more informed, more empathetic, and more involved, even if it’s just one person out there that happens to watch their nightly news program, pick up a paper, or catch the beginning of an episode of Frontline (all contenders on my big list of goals, hopes, and dreams). I want them to be affected by what I can make—to more understand the world around them, to discover a problem, or a solution, they hadn’t heard of before that moment. I have faith in the American people. We are stuck...

Words: 1006 - Pages: 5

Premium Essay

Csr-Issues and Challenges

...responsible manner. As a result of this shift many forums, institutions and corporate are endorsing the term Corporate Social Responsibility (CSR). In Bhopal companies like BHEL and Crompton and Greaves etc are practicing the Corporate Social Responsibility (CSR). But still there are many companies that are lacking behind in CSR practices. A lack of understanding, inadequately trained personnel, non availability of authentic data and specific information on the kinds of CSR activities, coverage, policy etc. further adds to the reach and effectiveness of CSR programmes. But the situation is changing. Large number of companies are undertaking these activities superficially and promoting/ highlighting the activities in Media. This research paper focuses on the finding & reviewing of the issues and challenges faced by CSR...

Words: 2181 - Pages: 9

Premium Essay

Marketing

...com/Create-a-Marketing-Plan Edited by Bratest, Krystle, Chris Hadley, Thomas and 9 others The Marketing Plan: everyone will tell you that you absolutely have to have one. Few of the people who say that, however, are able to tell you what exactly a marketing plan consists of. Creating a marketing plan for your small business shouldn’t take you a few hours. Ideally, it should take you at least a few days to do the research and have the necessary discussions — potentially even a few weeks depending on factors like the size of your market and the uniqueness of your product line(s). The following article may help you in developing your marketing plans. Steps 1. 1 The Executive Summary. A high-level summary of the marketing plan as a whole, and a paradox on paper: this is the last section that you should write, but the first section that should be in the finished report. It’s best to keep the Executive Summary as short and sweet as possible — just a couple of sentences to sum everything up. While writing it, imagine that you’re going to present this summary “elevator pitch” style. Once you’ve finished it, read it out loud. If it takes you longer than ten seconds to read it all, it probably needs to be simplified even further. Ad 2. 2 The Challenge. This section should contain a brief description of the product(s) and/or product line(s) that your company offers. With each description, include goals that you want to set for each product and product line (sales figures, strategic and company-wide...

Words: 1083 - Pages: 5

Free Essay

Group Project Business

...Nickole Krause(black) Brandon Craven Connie Fugate Christopher Lemmons Competitive Structure (1)Personal computer software systems by definition are part of the consolidated industry. The consolidated industry is an industry made up of a small number of large companies, or in extreme cases, just one company which are in position to determine the industry’s prices. There are a small number of personal computer software systems such as Microsoft, which is a huge competitor for our company’s software system. Customers are always wanting more. They always want the new, big and better things which is why you constantly find technology products being upgraded or updated all the time. Customers will be satisfied with our product and will be willing to pay the switch over costs because of the upgrades this system has compared to Microsoft. Our system takes up less memory space on the hard drive, takes full advantage of the power of the personal computer’s microprocessor, and can run applications much faster than Windows. The software system is also much easier to install and has voice command with a 99.9% accuracy on top of the keyboard and mouse. I believe that the voice command will win our customers over because they are all about that voice command nowadays. To help us analyze the competitive structure in our market of personal computer operating systems we must take a customer-oriented view of the business. We must know what our industry boundaries are in order to stay ahead...

Words: 1699 - Pages: 7

Free Essay

Price Aseanic

...Only @ PC Gilmore Platinum (02) 721-3496 / (02) 726-7628 platinum@pcgilmore.com.ph AMD PROCESSOR AMD A4-4020 3.2GHz Socket FM2 AMD A4-5300 3.4/3.6Ghz Socket FM2 AMD A4-6300 3.7/3.9GHz Richland FM2 AMD A6-5400K 3.6/3.8Ghz Black Ed. FM2 AMD A6-6400K 3.9 Ghz Richlad FM2 AMD A8-5600K 3.6/3.9Ghz Black Ed. FM2 AMD A8-6600K 3.9Ghz Black Ed Richland FM2 AMD A10-5800K 3.8/4.2Ghz Black Ed. FM2 AMD A10-6790K 4.0/4.3GHz Richland FM2 AMD A10-6800K 4.1Ghz Black Ed. AMD A10-7700K Kaveri (4CPU+6GPU)3.5Ghz AMD A10-7850K Kaveri (4CPU+8GPU) 3.7GHz AMD FX4300 Vishera 4-Core 3.8/4.0GHz AM3 AMD FX6300 Vishera 6-Core 3.5/4.1GHz AM3+ AMD FX8350 Vishera 8-Core 4.0/4.2GHz AM3+ *ADD P100 FOR NON-UNIT PURCHASE 1590 1690 1730 2530 2730 4230 4590 5630 6100 7050 7530 8580 5590 5790 9680 Kingston Hyper-X 8GB DDR3 1600/1866 Kingston 2GB PC6400 DDRII 800 SODIMM Kingston 2GB PC3-10600 DDR3 1333 SODIMM Kingston 4GB PC3-10600 DDR3 1333 SODIMM Kingston 8GB PC3-10600 DDR3 1333 SODIMM *ADD P100 FOR NON-UNIT PURCHASE Only @ PC Gilmore North EDSA (Asus) (02) 441-1368 sm_north@pcgilmore.com.ph 3800 1650 1050 1800 3400 GALAXY GT730 2GB DDR3 128BIT GALAXY GTX750 1GB DDR5 128BIT GALAXY GTX560 1536MB DDR5 GALAXY GTX750Ti GC 2GB DDR5 GALAXY GTX770GC 2GB DDR5 256BIT GALAXY GTX770HOF 2GB DDR5 256BIT MSI N420-1GD3 1GB DDR3 128BIT 2300 3950 2430 3030 4230 6250 7950 2350 6950 2780 3700 6700 9200 9450 1850 2100 4800 MSI N630-1GD5/V1 - 1GB DDR5 128BIT MSI N630-2GD3 GT630/2GB/128BIT/DDR3 MSI N630GT-MD4GD3 4GB DDR3 128BIT MSI...

Words: 4805 - Pages: 20

Premium Essay

Fit Food

...study carefully and answer BOTH questions IMPORTANT: Please record question numbers attempted on the front cover of the examination booklet as well as inside the booklet itself. Do not open or turn over this exam paper, or start to write anything until told to by the Invigilator. Starting to write before permitted to do so may be seen as an attempt to use Unfair Means. 26164 1 CASE STUDY DERBYSHIRE HONDA Case study by: Kenneth A.M. In December 2005, Simon Cat, vice president of SuperCar Automotive Services, reflected on some of the challenges his team faced in managing his company‟s stable of automobile dealerships. He illustrated his points by discussing the challenges faced at Derbyshire Honda, SuperCar‟s largest dealership, although all of the SuperCar dealerships faced essentially the same problems. This is very much a people business. It’s people who give us our biggest successes as well as our biggest challenges. At out Honda store, in sales, I would say that about 20% of our people are loyal to the company and really want to do a good job. The other 80% are just in this for the money ... and they can make more money here than anywhere else. Our compensation attracts some very talented people. But some of these people are sharks who try to get away with whatever they can. Others have personal problems. They live from paycheque to paycheque; that is their mentality. Still others are cancers whose bad habits can spread. We coach and counsel;...

Words: 3279 - Pages: 14

Free Essay

Mv Dona Paz

...The ORIGINAL ARTICLE Heart the MVand Short StaturePolicy implications CASE REPORT Sinking of Failure Doña Paz – II. in a 43 year-old male Table 1. Initial Laboratory Results Heart Failure recommendations to address these to hypothyroidism. with cardiomyopathy secondary factors. The patient had been born full term to a then 31-yearMethod. ReviewPara 3 (G4P3), the 4th of preparedness in the old Gravida 4 of the state of maritime 9 siblings, with an pre-disaster setting and the post-disaster responsefacilitated the apparently unremarkable delivery at home following by Table 2. Thyroid Doña Paz by the sinking of the MV Function Tests government and responsible a traditional birth attendant. He was noted to be normal agencies. A scrutiny Reference Value preparedness of concerned of the state of Result at birth. and subsequent response to thewith age was agencies The patient was allegedly at par0.02 disaster both Free T4 (0.8-2.0) ng/dL physically and mentally until formulating 24.75 Uiu/ml conducted with the objective of eight years old when he was recommendations TSH (0.4-6.0) said to have stopped growing in height. He was brought to which may lead to prevention and mitigate loss of lives. a private doctor, whose diagnosis was undisclosed, and he Results. Multiple factors to increase for the occurrence patient was given medications accounted height, which the of this tragedy. only one month with no improvement. Through the took for These factors include an inherent risk due...

Words: 8494 - Pages: 34

Premium Essay

Life of Pi

...Acclaim for Yann Martel's Life of Pi "Life of Pi is not just a readable and engaging novel, it's a finely twisted length of yarn— yarn implying a far-fetched story you can't quite swallow whole, but can't dismiss outright. Life of Pi is in this tradition—a story of uncertain veracity, made credible by the art of the yarn-spinner. Like its noteworthy ancestors, among which I take to be Robinson Crusoe, Gulliver's Travels, the Ancient Mariner, Moby Dick and Pincher Martin, it's a tale of disaster at sea coupled with miraculous survival—a boys' adventure for grownups." —Margaret Atwood, The Sunday Times (London) "A fabulous romp through an imagination by turns ecstatic, cunning, despairing and resilient, this novel is an impressive achievement. . . . Martel displays the clever voice and tremendous storytelling skills of an emerging master." —Publisher's Weekly (starred review) "[Life of Pi] has a buoyant, exotic, insistence reminiscent of Edgar Allen Poe's most Gothic fiction. . . . Oddities abound and the storytelling is first-rate. Yann Martel has written a novel full of grisly reality, outlandish plot, inventive setting and thought-provoking questions about the value and purpose of fiction." —The Edmonton journal "Martel's ceaselessly clever writing . . . [and] artful, occasionally hilarious, internal dialogue . . . make a fine argument for the divinity of good art." —The Gazette "Astounding and beautiful. . . . The book is a pleasure not only for the subtleties of its philosophy...

Words: 104639 - Pages: 419