Hardwork and time and planning will allow this. Lots of lots of lots of lots of time.
Can you put a map of the Philippines in your first box? LOLOLOLOL.. you can introduce SNACKS from SPECIFIC regions!!!! And Specific YEARS!!! It's EDUCATIONAL!!!
"I like the deal. I'll give you the $350,000 for 10%"
You have a counter for that?
$700,000 for 10%
Answer: I wouldn't do that deal
How do you make it worth the investor's time?
Why is he arguing over 5%? If you reason and argue a lot the way that Squatty Potty guy is..
You not only have to have no cracks in your presentation, you have to explode positively.
Intro.
With our hard work, family spirit.. and your expertise
We're going to be the business that lays the golden eggs
Squatty Potty Profits
The 1st year, they're on DOCTOR OZ
3 years - sold $1 million
4th year - $2.7 million
5th year - $2 million in the first 2 quarters
$25 Squatty Potty, that costs $4.50 to make so the raw cost is 18%
As Seen On Tv, Direct Response Product
A Celebrity Endorsement means a lot.. people who can't stop talking about your product
For every $1 Squatty Potty guy spends, he gets $4-$5 in sales.
You have EDUCATE people about your product.
Lori's most commonly cited net worth is $50 million
Mark Cuban's Net Worth is over $3 billion
Kevin O'Leary
As of 2015, O’Leary’s net worth is estimated to be over $400 million.
Total of all Sharks Networth
Mark Cuban = $2.4 billion
Kevin O'Leary's = $400 million
Lori Greiner = $35 million
Daymond John = $300 million
Barbara Corcoran = $200 million
Robert Herjevic = $200 million
Daymond John
Unlike many of the other sharks, John is still involved in the company that made him rich, FUBU. The fashion company gained vast popularity in the mid-1990s after John's friend LL Cool J began wearing the clothing. John convinced his mother to take out a second mortgage on their home where he and his friends began the fashion line. He is a self-made business success who has been interested in the apparel industry since childhood. After his mother taught him how to sew, John made his own hats and sold them on the streets of New York City. The resident fashion expert on “Shark Tank” has amassed a net worth of approximately $250 million.
Robert Herjavec
In a true rags-to-riches story, Herjavec and his family fled communist oppression in Croatia and arrived in Canada with just $20. When his mother, who could not speak much English, lost all of the family’s money to a vacuum salesmen, he vowed to never again let his family be taken advantage of by someone. In 1990, Herjavec founded technology company BRAK Systems and sold the business to AT&T, Inc. for $100 million in 2000. He then began a security software firm known as the Herjavec Group and helped negotiate the sale of RAMP Network to Nokia Corporation for $225 million. As of 2015, his estimated net worth is approximately $100 million.
Read more: The Net Worth of the Shark Tank Cast | Investopedia http://www.investopedia.com/articles/wealth-management/112315/net-worth-shark-tank-cast.asp#ixzz42E9Qk0WD
Follow us: Investopedia on Facebook
No comments:
Post a Comment