Thursday, December 22, 2016

Johnny Trujillo- Shark Tank and The Profit




I think that Shark Tank is better for an entrepreneur to participate in because there are many opportunities for you to get the deal that you are seeking for, the multiple “sharks” on the show give a high chance of getting the deal that will change your life. Unlike Marcus Lemonis show, Marcus wants to give money and right away be in charge and because he hasn’t been in the companies that he is giving the money to sense the beginning people had sued him. I wouldn't want to take one bad deal over a chance to get multiple deals. Shark Tank is a better investor because there is face to negotiations and making the deals good towards both of each other. Marcus on the other hand just makes a deal that would benefit him more than the other person but still somewhat helping the person. My own business that I would like to have is my own clothing line, because I would love people wearing my brand and I think it would be fun making my own clothing. With my business I would like to work with the investors in Shark Tank because each and everyone would be honest with me about my business and each would give investments that would benefit both largely. I major difference between Marcus Lemonis and the investors from Shark Tank is that Marcus Lemonis is looking to give money to a business and run 100% of it making him a lot of money because of him owning the company, and the investors in Shark Tank are trying to help the business and themselves equal because they give different options that will suit both. Shark Tank investors have multiple great opportunities when on the other hand Marcus Lemonis just provides one opportunity no matter if it works out or not.

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