Shark Tank Extra Credit - Skye Taylor

In this episode of Shark Tank , we saw three entrepreneurs. The first one we seen was Carmen Lindner has her own company called ‘Gotta Have S’more’. It’s a company where she turns s’mores into muffins and she sells them all over the world. She makes a really good profit off of them, but they’re really expensive. So expensive, they’re nearly $10 a S’muffin! She went on Shark Tank asking for $75,000 in investment in exchange for 25% of her company. The sharks were very pleased with the numbers and the progress that Carmen was making with her company, but when they got to the cost of how much the delivery cost was, they were appalled. The delivery fee was $54 dollars which was a big no for the sharks, so they all passed on giving her the investment or even negotiating. The second entrepreneur we seen was Yuen and Peter Yung owned a restaurant named ‘How Do You Roll?’ It’s a restaurant where you can go in and sort of build your own sushi roll. They have 15 different franchises in 5 different states and 2 corporate locations. The boys wanted $1 million in exchange for 12% equity of the company. All of the sharks backed out because they felt like they weren’t fit for the sushi business, but Kevin wanted to negotiate. He offered $1 million for 22% equity and a check every month from the franchises profit. The brothers talked in over and they came to an agreement to take the offer. Soon after each of their people met up, Yuen and Peter backed out because they had something covered up that they didn’t want Kevin’s people to see. The final entrepreneur seen was Bea Arthur and her company was ‘Pretty Padded Room’. It was a place for women to go talk to an online therapist, but it wasn’t your typical therapist. It was a friend that could relate to them and their problems. This friend had all the knowledge they needed to know to help customer find a solution. She came on the show asking for a $100,000 investment, in exchange for 30% of her company. Bea Arthur’s website had a great system and was put together very well despite her number problem. She didn’t know what her numbers were and the numbers she was giving out simply didn’t add up. The Sharks instantly tore her alive and all backed out. I believe that the sharks were extremely intense on each person, but that’s what they come to do.

Shark Tank Vs. The Profit// Tarik Minifee

1. Marcus Lemonis is the better investor in my opinion. My reasoning for that is the sharks on Shark Tank really just throw out their own money to try to make a profit in the company they collab with. But Lemonis actually goes into the company work place helps them improve on what needs to get better then puts his money up when he knows he is gonna make something out of it. But not just him, also the owner of the business he is giving money to.

2. I think a cool business to start would be a company that customize socks that if you give them a photo or pattern they could print it out on the socks for you. And in that case I would rather work with a shark like Daymond or Mark because they have experience in that type of stuff like I could make some custom fubu socks. Or Mark could use my socks for the Dallas Mavericks like they could give out free pair of socks to everyone that intended a game or something like that. I just think Marcus wouldn't be as helpful in that type of business that I would be interested in starting up.

3. One of the major differences I saw in the two shows was how on Shark Tank the people that pitch their  idea just come to try and get their money to boost their business. But on The Profit, Marcus just goes to the business and gives his money out but also helps out while he's there so he can make his profit from his investment.

Daniel Patino - Shark Tanks vs Marcus Lemonis

1. I personally think Marcus Lemonis is a better investor than any of the shark tank investors. Reason why is say Marcus Lemois is a better investor is because he does more than just invest into a broken company, he looks for the problem that is making the company fall, he builds trust within the company he is working with. Marcus Lemonis is dedicated to his work, he observes the flaws the company has so he can improve those flaws and have success. 

2.  If I had my own business I would have my own clothing line. The investor I would chose would have to be Marcus Lemonis. Reason I would pick Marcus Lemonis is because he knows what he is doing, Marcus has invested in tons of companies and has lots of experience and lots if connections. I would also pick  Lory G. from shark tank. I would pick Lory G because she owns QVC which is a company that airs on t.v and with knowing that I feel like I can get my name out there with commercials knowing that she has a tv company. 

3. The difference between Marcus Lemonis and the Shark Tank group is that it seems that the Shark Tank group just invests in a company and hopes it blows up and just waits to get paid back, they put a ton of their money in and let the company do all the work and let it grow on its own. On the other hand Marcus Lemonis works more with the company and investigates what the company can do to succeed and Marcus also spends quality time with the company to help it grow. Marcus gives ideas to the workers in the company to improve. 

Shark Tank vs Markus Lemonis-Jaybriel

Which investor do you think is better and why ?

I think Markus Lemonis is a better investor die to the fact that he solves partnership problems with his clients and financial issues in companies like sweet Pete's. Markus invested his money in a company that he took under his wing and took partnership in because of an unequal partnership.

If you had a business (what would that be) ? And which investors would you rather work with ?

If had my own business it would be owning a restaurant because i like to cook and I'd call it "Garnish Seasons" and I'd want to invest my business with Markus Lemonis because i feel like he would be able to advertise the business globally and he would find ways to make the business grow.

Name one major difference between Markus Lemonis and the investors of Shark Tank on how they fund or how they look to make money.

The difference between Markus Lemonis and the investors on Shark tank is that Markus doesn't take over the company he splits the business 50-50 and he works to earn profit in the company/Business he is investing in and he finds ways to advertise the business and he checks for errors in the company . The Investors of shark tank all have a certain catch to how they choose to invest in companies.