Friday, December 23, 2016

Marcus Lemonis vs. Shark Tank - Max Honzel

Personally I believe that the way that Marcus Lemonis invests is better. His way is better than the Shark Tank investors because he actually takes the time to improve the business, while still putting in lots of money. The Shark Tank investors are extremely helpful, but they do not do nearly as much as Marcus Lemonis does. As seen in the episode with Sweet Pete's, Marcus actually put a lot of his time and effort into making the business better rather than just giving them money and taking a portion of the revenue.

If I were to own a business, it would be a local sports merchandise store. You would be able to buy jerseys from local teams and other objects and souvenirs related to the teams from that city or town. I would rather work with Marcus Lemonis because he would actually put time into my business and make sure it grows. He has a very good business mind and knows how to expand the business just like he did with Sweet Pete's. Marcus Lemonis would also be able to partially fund my business and help me get it going.

Image result for marcus lemonisOne of the largest differences in how Marcus Lemonis and the Shark Tank investors make money is how much time they spend on the business they are investing in. Marcus Lemonis believes that if he spends more time on the business, it will become more successful and therefore he will make more money, whereas the Shark Tank investors tend to put a large amount of money into a business and then trust the owner to grow it by themselves and make money.

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