Friday, December 23, 2016

Marcus Lemonis vs. Shark Tank- Nadav Schoenberg

After watching both The Profit and Shark Tank, Marcus Lemonis is the better investor. While on Shark Tank entrepreneurs are given more options, Marcus Lemonis is the most straight forward investor. Marcus Lemonis is very clear cut with the money he is investing. Unlike Shark Tank, there are less strings attached with the money. On Shark Tank, some of the strings attached may be too complex for a average entrepreneur to understand. Also, Marcus Lemonis is much more hands on. Instead of just analyzing the numbers, he visits the business and sees first hand what must be improved.

If I owned a business, I would own a political consulting firm. This firm would consult candidates running for political office. If I was looking for investors I would choose Shark Tank. I would choose Shark Tank simply because of the amount of people involved. On Shark Tank, there are five investors, as opposed to one in Marcus Lemonis. This wide range of investors with diverse backgrounds opens up a opportunity for many connections in the political world. This choice is less of money, and more one considering networking and the importance of knowing people in politics. Marcus Lemonis actually ran for office, but lost and never pursued a political career again.

Compared to Shark Tank, Marcus Lemonis seems much more selfless. He seems genuinely invested in the success of the business, not only for himself but for the original business owners. Marcus Lemonis gets to know the people behind the business, both the owners and the workers. He learns their story and makes a personal connection with them. Marcus Lemonis is much more hands on throughout the investment process. On Shark Tank, investors just hand out deals to entrepreneurs. However, Marcus Lemonis visits the business, and in some cases even lends a hand and helps the business with daily operations.


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