Just Elementary, Inc. » Entries tagged with "Lori Greiner"
Business Valuation & Negotiation Lessons from Shark Tank
Last into the Shark Tank was Michael Tseng to pitch his innovative Plate Topper. Michael Tseng was asking for $90,000 in exchange for 5% equity in Plate Topper, which translates to a $1.8 Million Business Valuation. Plate Topper is a unique suction based microwave safe cover for plates. The product was quite a hit with the Sharks, as it had proven itself with prior appearances on QVC.com and was available on Walmart’s website. The segment took approximately two hours to … Read entire article »
Filed under: Business Tips
Negotiation Lesson from Shark Tank – Counter Offer with Conviction
First into the Shark Tank was Scrub Daddy, the creation of Aaron Krause. The Scrub Daddy isn’t any ordinary sponge, it can morph from a very soft sponge (Activated by Hot Water), to a firm sponge (activated by Cold Water) that can scrape tough food stains. Aaron Krause is a clever inventor, and with the Scrub Daddy had a big hit on his hands. Prior to taping on the set, Aaron Krause had sold the Scrub Daddy on QVC on … Read entire article »
Filed under: Business Tips
Business Lessons from ABC’s Shark Tank – Negotiation Techniques and Business Philosophies
Third into the Shark Tank was Cheryl Rigdon presenting her products, the Spatty and the Spatty Daddy. The concept is simple, Spatty and the Spatty Daddy are spatula like products that small enough to get into tubes of cosmetic products, and lotion bottles, etc. to scrape out the hard to reach portion of the remaining product. This type of product is definitely appealing to consumers who hate to waste, and save money. Putting this product on … Read entire article »
Filed under: Business Tips
Keys to Getting Investor Money & Investments on Shark Tank
This episode features the return of Lori Greiner to the Shark Tank, as she will alternate with Barbara Corcoran in Season 4 episodes. First into the Shark Tank was Back 9 Dips. Back 9 Dips is the brainchild of Dominique & Kevin Mealy. Dominique & Kevin Mealy product is a collection of blended chicken dips that you can find in grocery stores like Publix and Winn Dixie. The business wasn’t big at the time of taping, and as such, the Sharks did not demonstrate strong … Read entire article »
Filed under: Business Tips
Shark Tank Negotiation & Valuation Lessons
First up on ABC’s Shark Tank on was Barbara Lampugnale of Duality Cosmetics to promote her all in one Nail Polish pack called NailPak. NailPak Nail Polish comes with a handy attached nail file and pre-soaked nail polish remover pads for easy on the go repainting of nails. This is a product that definitely seems like it would get strong interest from Lori Greiner, and it did. An upcoming update segment on Barbara Lampugnale’s NailPak will air … Read entire article »
Filed under: Business Tips
Negotiation Clinic by Lori Greiner on ABC’s Shark Tank
The final segment of Shark Tank had one of the the most interesting negotiation session in Shark Tank History. It had Lori Greiner at her Negotiating Best. Rick Hopper of ReadeREST, which you can find on Amazon. ReadeREST is strong stainless steel clip that sticks to a shirt because a backing strip featuring neodynium magnets. Hopper was asking for $1,000,000 Valuation ($150,000 for 15% equity) The ReadeREST product demonstrated really well, as Hopper intentionally fell … Read entire article »
Filed under: Business Tips, Business Valuation, Negotiation
Shark Tank Tricky Business Valuations & Profit Margins
First up on ABC’s Shark Tank is Last Lid (@LastLid). The proprietors of Last Lid are Melissa and Kevin Kiernan of Waldwick New Jersey. Their product is a fabric lid that covers outdoor garbage cans, and prevents them from being tampered with by animals. The Kiernans have a problem where their garbage cans are frequently tipped over by raccoons and other foraging animals. After finding no suitable replacement at local hardware stores, the Kiernan’s developed their product. … Read entire article »
Filed under: Business Tips, Business Valuation, Negotiation
Leverage is Key to Winning Negotiations Shark Tank
Having the leverage in a business negotiation is fleeting, and needs to be leveraged before it is lost. That was a key lesson in this episode. First up in the show was Ivory Tennelle from Irvine, California. Ivory Tennelle is the creator of the the Swilt. The Swilt is a combination Hoodie Sweatshirt with a fold up blanket portion. When the blanket is folded up, it looks like a baggy sweatshirt. With the blanket unfolded, Mark … Read entire article »
Filed under: Business Tips, Business Valuation, Negotiation
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