Just Elementary, Inc. » Entries tagged with "Chord Buddy"
Value of Negotiation Leverage in Negotiating a Deal on Shark Tank
First into the Shark Tank were Keeley Tillotson & Erica Welsh from Oregon of Wild Squirrel. Keeley & Erica were asking for $50,000 in exchange for 10% equity in their company. You can find Wild Squirrel on Amazon.com. This translates to an Asking Business Valuation of $500,000. Wild Squirrel is a company that manufactures special Almond and Peanut butters. At the time of taping, they were offered in five varieties which you can see on their website. They … Read entire article »
Filed under: Business Tips
Leveraging Multiple Offers in Negotiation & Valuation Lessons on ABC’s Shark Tank
First up in the Shark and a great example of negotiation leverage spawned from Multiple Offers is Travis Perry. Perry is the owner of ChordBuddy, an innovative training product that is like training wheels for learning the Guitar. You can buy ChordBuddy on Amazon. As Travis Perry points out, playing the guitar has a real high ‘cool’ factor, to which Robert Herjavec identifies with, and is commensurately excited. The Sharks ask Travis Perry about the sales figures for … Read entire article »
Filed under: Business Valuation, Negotiation
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