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Interview with David Glickman of Vermont Butcher Block & Board Company who pitched on Shark Tank
David Glickman of Vermont Butcher Block & Board Company appeared on Shark Tank to pitch his business. The episode he appeared in originally aired May 2013. Here is the recap of David Glickman’s original appearance. In short, David Glickman of Vermont Butcher Block & Board Company did not strike a deal with the sharks on the show. As it turned out for David Glickman, he seems to be better off maintaining full control Vermont Butcher … Read entire article »
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How to Prepare Your Business for Sale
How To Prepare Your Business For Sale The key to the successful sale of a business is to think ahead, and the more time you allow for that thought process, the better the outcome will be. Planning ahead is paramount to not only selling your business more quickly and more easily than would otherwise be the case, but it also enables you to sell it for more money. The forward planning can be broken down into … Read entire article »
Filed under: Business Tips, Selling A Business
Xero Shoes Interview with Steven Sashen after appearing on Shark Tank
Steven Sashen of Xero Shoes was kind enough to answer a few questions about Xero Shoes and the experience he and Lena Phoenix had and have with Shark Tank. JE: How has Shark Tank benefited Xero Shoes? Steven: It’s been a huge benefit to the business in terms of making money. It’s also helped with the recognition of Xero Shoes which has led to connecting Xero Shoes to key contacts that have been helpful with growing the business. It’s also helped … Read entire article »
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Business Valuation & Negotiation Lessons Shark Tank Ice Chips Candy Tom and Chee Ryans Barkery VerbalizeIt Three Days Rule
Ice Chips Candy gets an update segment on Shark Tank. You may recall when Yelm, California based entrepreneurs Beverly Vines-Haines & Charlotte Clary pitched their sugar free alternative mint candy. Ice Chips Candy use Xylitol, which is an alternative sweetener. Most of the times the Sharks enjoy the food or treats they eat and Ice Chips Candy was no exception. The Sharks were interested as the sales had been near $1 Million Dollars for Ice Chips Candy. This proved to … Read entire article »
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Business Valuation & Negotiation Lessons Shark Tank RuckPack Aldo Orta Jewelry Tie Try Cork’s Away Nearly Newlywed Wedding Dresses
Appearing on Shark Tank is Rob Dyer of Noots! Nutrition, LLC which has a subsidiary product called RuckPack. RuckPack a single-source, power-packed vitamin & energy shot. Rob Dyer received the inspiration to create RuckPack from his background in the Marines, specifically in the Special Ops division. Rob Dyer’s experience during active military deployment demonstrated to him that he needed an energy drink that was small in size and could deliver the results without caffeine, which can cause … Read entire article »
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Business Valuation & Negotiation Lessons from Shark Tank KaZAM Balance Bike Babys The Spatty Daddy BadAss Burgers Track Days Motorcycle Movie Pink Shutter PhotoBooths
Appearing in the Shark Tank will be Mary Beth Lugo pitching her product line of training bicycles called KaZAM training bikes. KaZAM training bikes are designed for children between the ages of 3 and 6. What is unique about KaZAM training bikes is that they do not have any pedals. Yes, you read that correctly, KaZAM training bikes do NOT have any pedals. But wait, it gets better, there are NO training wheels either on KaZAM training bikes. … Read entire article »
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Shark Tank Business Valuation & Negotiation Lessons Squirrel Boss Bird Feeder eCreamery.com GumboBrick MistoBox Coffee Vermont Butcher Block & Board Company
Are you a bird lover who enjoys watching them feed in peace? Don’t want squirrels to bother them? Then the Squirrel Boss bird feeder just might be the product for you. The Squirrel Boss bird feeder was developed by Pennsylvania based Mike DeSanti. Mike DeSanti is another entrepreneur who took it upon himself to solve a problem that had been vexing him. The bird feeder that he used in his yard at his home was constantly … Read entire article »
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Shark Tank Business Valuation & Negotiation Lessons Billy Blanks Jr Dance With Me nPower Peg Mission Belt Fishing Ammo Wicked Good Cupcakes
Billy Blanks Jr’s Dance With Me program will receive an update segment on Shark Tank. You will recall that the Billy Blanks Jr’s segment for Dance With Me was a very emotional segment that featured a twist. Usually when entrepreneurs leave the set without a verbal deal, that is the end of the story. However, Daymond John was touched by the story and reached out to Billy Blanks Jr. to make a deal for Dance With Me … Read entire article »
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Shark Tank Business Valuation Negotiation Lessons Scrub Daddy Stella Valle Geek Chic Jones Scone Luggage Pickup Valet
The Scrub Daddy is one of the most popular products that has appeared on the Shark Tank. The good news is that the versatile sponge known as the Scrub Daddy is getting an update segment. What makes the Scrub Daddy so handy is that it easily go from soft sponge to firm enough to scrape with by simply running cold water on it. You may recall that interest in the Scrub Daddy led to quite a bit of negotiation … Read entire article »
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Shark Tank Business Valuation & Negotiation Lessons GOBIE H2O Root Suit Liddup The Coop LA Echo Valley Meats
Do you prefer to avoid bottle water to reduce your consumption of plastic or other reasons, but dislike the taste of tap water? If the answer is yes, then you will be interested in checking out the GOBIE H2O’s filtered water bottle. GOBIE H2O was pitched last in the Shark Tank by Rusty Allen from San Diego, California. GOBIE H2O’s bottles use an active carbon filter to remove the unpleasant chlorine taste and odor from your … Read entire article »
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Shark Tank Negotiation & Business Valuation Lessons Drop Stop Simple Sugars Cool Wraps Traditional Fisheries Buggy Beds
Maria Curcio and Veronica Perlongo from Freehold, NJ, are getting an update segment on their popular product known as Buggy Beds. Buggy Beds is an early detection system for, you guessed it, Bed Bugs. Shark Tank update segments usually convey good news, so we’ll expect to hear that Maria Curcio and Veronica Perlongo have experienced tremendous growth in Buggy Beds Gross Sales. One reason that Buggy Beds made for such a memorable Shark Tank segment is that all five … Read entire article »
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Season 5 Shark Tank Open Casting Atlanta, Dallas, Chicago, Philadelphia, Los Angeles
Do you have the next Scrub Daddy, SoundBender, Magic Tattoo Remover, ReadeRest Eye-Glass Holder, Lollaland Lollacup or Vurtego Pogo Stick? Then, Great News for you and other entrepreneurs hoping to get their business, product or idea on to Shark Tank. Shark Tank has been renewed for a 5th season! Coinciding with this is an announcement of the Season 5 Open Casting Schedule. Atlanta, Dallas, Chicago, Philadelphia and Los Angeles are the five cities that … Read entire article »
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Negotiation & Business Valuation Lessons from Shark Tank Cellhelment CordaRoys Bean Bag Beds Tower Paddle Boards Baby Loves Dance Lose 12 inches
There are plenty of mobile phone accessories, but are there any truly revolutionary products out there? Cellhelmet was pitched in the Shark Tank. Cellhelmet was founded by three people, Mike Kane, Brian McHenry and Dave Artuso. The trio are from Pittsburgh, so we’ll expect a little shout out between them and Mark Cuban who is also from Western Pennsylvania. What Cellhelmet does to differentiate itself from other mobile phone accessories is to offer accidental damage coverage. … Read entire article »
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Shark Tank Business Valuation & Negotiation Lessons Neo Mag Light Tattoo Removal, PSI bands, Nuts N More, Jeska Shoe Company, SurfSet Update
Third into the Shark Tank was Neo Mag Light aka Black Magic IPL Tattoo removal is the brainchild of Nick Gonzalez & Kevin Mack from Westminster, Colorado. Neo Mag Light aka Black Magic IPL Tattoo removal is an innovative product that allows people to remove tattoos on their own. The product is designed for use in the home. Neo Mag Light (Black Magic IPL) comes in a smaller version for smaller tattoos, and can be used to test … Read entire article »
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Shark Tank Business Valuation & Negotiation Lessons – Proof Wood Eyewear, Addison’s Wonderland, Muddy Water Camo, Hip Chix Denim & Liquid Money Cologne & Perfume
Proof Eyewear was last into the Shark Tank to pitch it’s line of Eco friendly eyewear which is all made in America. Proof Eyewear offers wood based frames for sunglasses and prescription eyewear. Proof Eyewear started in 2010, and is based out of Eagle, Idaho. Proof Eyewear is run as a family business by three brothers, Brooks, Tanner and Taylor Dame. Proof Eyewear is sold in specialty retail stores, and online. The story that Brooks, Tanner and … Read entire article »
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Shark Tank Business Valuatiom and Offer Negotiation Lessons The SmartWheel, Gotta Have S’More, How Do You Roll Sushi, Pretty Padded Room Online Therapy & Invis-a-Rack
Carmen Lindner from Marina Del Rey California is on Shark Tank to pitch her tasty looking dessert creation called Gotta Have S’More. Carmen Lindner’s Gotta Have S’More looks to be a tasty creation that should have the sharks interested in a muffin crossed with a smore, which come in many different chocolate flavored combinations. Gotta Have S’More’s are sold in retail outlets in the Los Angeles area, and also are sold online with two day delivery … Read entire article »
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Shark Tank Business Valuations, & Negotiation Lessons Ava the Elephant CitiKitty HoodiePillow, Grinds Grounds Coffee Pouches My Cold Snap Green Garmento
Update segment involves a hit product from Season 1 of the Shark Tank, known as Ava the Elephant, available on Amazon. Tiffany Krummins is the inventor, and the update segment shows that she has great story showcasing the American Dream. She made a product to solve a problem she had administering liquid medicines to her child. Necessity is the mother of all invention. With an investment from Barbara Corcoran, Ava the Elephant has taken off and … Read entire article »
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Shark Tank Business Valuation & Negotiation Lessons with Xero Shoes Soundbender Cuddletunes Bibbitec
Rabbi Moshe Weiss appeared 2nd on Shark Tank to pitch the Soundbender. The Soundbender is an innovative clip on attachment to redirect iPad sounds in the direction of the screen instead behind the screen. Rabbi Moshe Weiss has a large personality, but he backed with a product in the Soundbender that had great margins and some potential. As such there was interest from Daymond John and Robert Herjavec for the Soundbender. Rabbi Moshe Weiss was … Read entire article »
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Getting Bidders to Bid Against Themselves Using Negotiation Leverage on Shark Tank
First into the Shark tank were David Jackson and Dave Petrillo, who are the creators of Coffee Joulies. David Jackson and Dave Petrillo, created Coffee Joulies to solve the age old problem of keeping hot beverages at the right temperature for long time. Coffee Joulies are stainless steel pebbles that reduce the temperature of a hot beverage to 140 degrees Fahrenheit and keep it there for hours. The secret to the Coffee Joulies are the chemicals inside of … Read entire article »
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Financing Capital Expenditures
A big part of the success and value of a business is in the cash flow management. Which is significantly impacted by Capital Expenditure, commonly referred to as CapEx. Many businesses require a Capital Expenditure Investment in Equipment or other machinery (FF&E) that needs refreshing on a regular schedule. So, the question comes down to how to manage these expenses. Financial Reserve Account One option is to set aside a Financial Reserve on a yearly basis. Doing this is … Read entire article »
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