Shark Tank episode aired April 25, 2014

Shark Tank Ratings:

This Shark Tank episode was re-broadcast on July 11, 2014. One Sharky Award was earned by Rugged Maniac.

Originally posted on TimMcEneny:

Tonite’s Sharky Award winner is:

ABC Shark Tank TV Show

April 25, 2014
Rugged Maniac

Brad and Robert from Rugged Maniac……These two have developed two businesses. The business they were pitching involved physically challenging  obstacle courses that covered 3 miles. They ran these events in 20 cities. The second business (which was not initially included in the offering) was a “running with the bulls” type of event.

Investors don’t like it when an entrepreneur has a second business that is not included in their investment. They want their interest and the entrepreneur’s interest to be closely aligned. And so the Sharks started making offers based on the two businesses bundled together. Mark Cuban ended up getting the deal when he offered $1.75 million for 25% of the combined company. Mark had pointed out that these guys have a bigger competitor that has “first mover” advantage in this space.

Generally speaking, there’s enough room in every…

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Shark Tank episode aired March 7, 2014

Shark Tank Ratings:

This Shark Tank episode was rebroadcast on July 4th. Lots of fireworks and 2 Sharky Awards!

Originally posted on TimMcEneny:

Normally, I focus on the entrepreneurs and not on the Sharks. On last night’s episode, however, it was difficult to ignore the wild and crazy antics of the Sharks. But I digress…the winner of last night’s two Sharky  awards for entrepreneurial excellence are:

Platinum Sharky Award…….Kent from Revolights

This Mechanical Engineering graduate invented and manufactured a replacement for bicycle lights. By attaching a number of LED’s to bicycle wheels that give a “strobe light” effect when the bike is being ridden, Kent’s product provides a safer environment for bikers at night. It was a very cool product and with $600K in annual sales, and the Sharks were very interested.

After Mr. Wonderful’s usual “Royalties in Perpetuity” offer (now known as RIP), the serious bidding began. Shark Robert was so excited about Revolight’s prospects, he offered Kent double what he  originally asked for! When Mark Cuban heard the offer and watched Kent’s “poker face”reaction, he inexplicably…

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Shark Tank episode aired February 21, 2014

Shark Tank Ratings:

This episode was re-broadcast June 27, 2014……. Three Sharky Award winners.

Originally posted on TimMcEneny:

Tonite’s episode featured four strong entrepreneurs. Three of them have a good chance of becoming successful and they will share a Sharky Award.

Sharky Award for Shark Tank excellence

Sharky Award
February 21, 2014

Jason from Escape and Evasion is a former CIA agent. He gave a compelling demonstration of a couple of escape tactics and had $300K+ in annual sales. He wanted the Sharks to invest in his seminar business and his newly purchased Utah ranch which was to become his “corporate headquarters”. The Sharks didn’t want to get involved in the ranch but were interested in his seminar road show. I can see this becoming a nice $5 million business. Jason accepted Daymond’s offer of $150K for a 45% stake.

Diamond Dallas Page of DDP Yoga did not get an investment from the Sharks. I think they missed the boat.

DDP Yoga has many of the right ingredients for a successful start-up……They have $3 million in…

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Shark Tank episode aired January 24, 2014

Shark Tank Ratings:

This Shark Tank episode was re-broadcast on June 20, 2014. Susan from Freshly Picked won a Sharky.

Originally posted on TimMcEneny:

This episode featured three strong entrepreneurs. One of these three stood out and was arguably the strongest contestant on Shark Tank this season.  This week’s Sharky Award goes to….

ABC Shark Tank TV Show

January 24, 2014
Freshly Picked

Susan from Freshly Picked was incredible. She had a great combination of moxie, a sense of humor, and knowledge of her market (shoes for toddlers). She was totally comfortable in her own skin and even had Mr. Wonderful eating out of the palm of her hand.

Here’s what made Susan so appealing to the Sharks. 1) Her annual sales were $5ooK 2) She generated $120K in profits 3) She used Instagram to help sell her products 4) Half of her customers placed repeat orders for three or more pairs of shoes.

But it was her story about how she raised the money to start her business that won the day.

She was broke and had no money to fund a start-up…

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CNBC’s Shark Tank episode aired March 25, 2014

Shark Tank Ratings:

This is one of the all-time classic Shark Tank episodes! It was re-broadcast on June 17, 2014 by CNBC.

Originally posted on TimMcEneny:

This blog reviews each episode of the Shark Tank from an Entrepreneur’s point of view. “Sharky Awards” are given to the Entrepreneurs with the best overall performance.

Sharky Award for Shark Tank excellence

Sharky Award
March 25, 2014

Platinum “Sharky Award”-Dominique from Onesole

Dominique has a very creative women’s shoe that the Sharks loved. Even better, she had actual sales of $3.5 million in the last 12 months with profits of over $1 million. Even with a sales multiple of .5X and an EBITDA multiple of 6X, her company was worth at least $1.75 million. Daymond gave her $500K for 35%….just slightly less than my valuation. This could be a homerun for both Onesole and Daymond. Good luck to both!

Gold “Sharky Award”-Rebecca with Citi Kitty

A toilet seat for cats does not excite me. As Rebecca said to Mr. Wonderful, “If you don’t have a cat, you wouldn’t understand”. That said, Rebecca did a fantastic…

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Shark Tank episode aired February 28, 2014

Shark Tank Ratings:

This episode of Shark Tank was re-broadcast on June 13, 2014

Originally posted on TimMcEneny:

Four strong entrepreneurial personalities on the show tonite. A subtitle for this episode might be “The Arrogant vs. The Confident, where do you draw the line?”.

One of the “confident” was the husband and wife team of Irene and Noam fromBambooee. They win tonite’s Sharky Award.

Sharky Award for Shark Tank excellence

Sharky Award
February 28, 2014

They gave a compelling presentation featuring their “paper towel replacement” made of bamboo which could be recycled by washing it. I kept thinking that a cloth hand towel could do the same thing and was far cheaper, but the Sharks loved their concept. Irene and Noam sweetened the deal by including other products which they had been selling. When they revealed their total annual revenue of $1.6 million, the Sharks got excited.  Shark Lori got the deal by offering $200K for 10% equity….exactly what they asked for. Well played!

The Arrogant…….Jenifer and Haley from Zipit Bedding was in the proof of…

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Shark Tank episode aired March 14, 2014

Shark Tank Ratings:

This episode of Shark Tank was re-broadcast on June 6, 2014.

Originally posted on TimMcEneny:

This episode was devoted to the youth of America. It featured four fantastic young entrepreneurs. Each one is deserving of a Sharky Award for entrepreneurial excellence.  They’ve all accomplished so much in a very short period of time.

Sharky Award for Shark Tank excellence

Sharky Award
March 14, 2014

First up was Carter (age 15) from Define Bottle. His product allows the user to easily mix fruit with water to replace the soda they may be drinking today.  Carter has sold $65K in the last 4 months (50% thru his website and 50% to retail outlets).

Carter did a great job presenting his product. The Sharks had two major concerns, however. First, they felt there is too much competition. Second, Carter had spent $300K to develop the product. This money came from his parents who had to mortgage their house to fund the initiative. Given the fact that the parents had to be paid back at some point, the Sharks didn’t…

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