SharkTankInsights.com on LinkedIn: TROBO Shark Tank Update - Net Worth, Pitch & Deal - Shark Tank Insights (2024)

Venture North will help you navigate the shark infested waters🙂

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I had the pleasure of interviewing Joe Alter, the founder of Flex Screen, on my podcast this week. You probably remember Joe from his appearance on Shark Tank, where he struck a deal with Lori Greiner for his innovative flexible window screens.Joe shared some fascinating behind-the-scenes insights from his Shark Tank experience. For example, did you know that most of the deals made on the show don't actually materialize after filming wraps? The deals made on TV are just initial agreements, and it can take months of negotiation to finalize them, if they even happen at all!We also discussed Joe's transition from being in the trenches of his business to focusing more on culture, vision, and strategy as Flex Screen expanded. Maintaining your company's culture becomes increasingly important as you scale, since you can't have the same hands-on engagement with every employee.Joe offered some great advice for entrepreneurs looking to grow:"You have to have that person that's on the outside that is just seeing your flaws because we put blinders on...Having that outside person looking at this going and having the guts to say you're messing up here, which you know, it’s amazing when a company gets to a certain point nobody wants to tell the CEO that he’s wrong anymore."Check out the full podcast to hear more of Joe's insights on partnerships, company valuation, licensing business models, maintaining culture, disrupting established industries, and much more! Let me know what your key takeaways are in the comments.#Entrepreneur #Sharktank #Entrepreneurship https://lnkd.in/gSB7ZWsi

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Want to get on Shark Tank? Here are four things you must do to get the green light.

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Big News Alert!The VSEAT is hitting the big stage on Shark Tank! Pulse Solutions is thrilled to have played a part in their journey 🚀 Stay tuned for the exciting episode and explore their cutting-edge website, expertly crafted by Pulse Solutions. #sharktank #sharktankabc #usa #webdesign #VSEAT #TechSolutions #softwaredevelopment #BusinessTechnology #websitedevelopment

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Learn public speaking skills from Shark Tank pitches. In this pitch, you can see Priyasha brilliantly pitch her product:Focus on grabbing attention with humor.Shared a personal story of having PCOS, which most women can relate to.She's done her research and knows her audience (sharks) well.Shark Tank India Priyasha Saluja Aman Gupta Vineeta Singh Deepinder Goyal

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Lori Greiner is the most succcessful shark on shark tank.I've always loved watching her. She's decisive, straight to the point, with a super sharp eye and crystal clarity on what she wants and doesn't want.And she's not abrasive. Just decisive, with conviction.Very happy to see that she's killing it as the top shark based on how well her portfolio companies (from shark tank) are doing.If you watch some of the particularly tense moments, she upsets other judges when she puts forth an offer right away and gives the participants no time to deliberate, and the other judges no time to ask any questions.The participants either accepts the offer outright, or gives it up to consider the "possibility" of offers from others.You can see other judges walking out, being angry at her.But you see: there is absolutely nothing stopping them from making that same offer on the spot, no questions asked.Providing an offer upfront, no questions asked, involves a level of risk.Lori is therefore taking on this risk - which other judges are free to take on but fail to do so - in exchange for a first acceptance or refusal.The participants, too, face an equally legitimate choice: accept the certainty and speed of an offer upfront and lose a *potentially* better one, or forgo this certainty so they can consider other offers.Again, free market and free choice for the participants.Time is money. Certainty is money. Either take Lori's time and certainty premium and accept the deal; or forgo these, and consider other deals with the uncertainty and longer time that it may take.Those judges who walk out in anger or berate her have an entitled mindset.More importantly, I am so proud that Lori does not cave in despite all that pressure from her peers and negative comments.It affirms an important life and work principle: we should never make our decisions or take our actions based on the need to please others or to fit in.Human beings are wired to be social creatures, always regressing to the mean, and adopting "consensus."But those in pursuit of the truth, and the real alpha, are those willing to take decisive actions or believe in their conviction that may risk offending or alienating the rest of the pack.#candour #sharktank #entrepreneurship

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🌟 Mimi & Co’s Journey: From Shark Tank to Sustainable Success 🌿📺 Throwback to our exciting Shark Tank episode! Watch our pitch that embarked us on an incredible journey: https://lnkd.in/gcK9e-8DSince appearing on Shark Tank in September, it’s been a whirlwind of growth, learning, and achievements here at Mimi & Co. Our commitment to sustainability and innovation in the world of modern cloth nappies has only deepened.🚀 What’s New Since Shark Tank?1.Expanded Range: We’ve condensed our product line, streamlining prints and designs that continue to resonate with eco-conscious parents.2.Sustainability at Forefront: Our focus on eco-friendly practices has intensified, with new initiatives to minimize our carbon footprint even further.3.Community Engagement: The support from our amazing community has been phenomenal. Your feedback has been instrumental in shaping our path forward.4.Increased Production: Thanks to the Shark Tank boost, we’ve scaled up production to meet the growing demand while maintaining our quality promise.🌱 Our Mission ContinuesThe journey doesn’t stop here. We’re constantly exploring innovative ways to make eco-friendly parenting choices more accessible and appealing.🔗 Stay tuned for more updates by following us on LinkedIn and Instagram. Let’s keep making a difference, one nappy at a time!#MimiAndCo #SharkTank #SustainableParenting #EcoFriendly #ModernClothNappies #BusinessGrowth #innovation

Shark Tank Envy :)Did it ever happen to you that you have been working on a start-up or a business for many years, and suddenly you see the same kind of Idea which is even doing less revenue or having less traction comes to shark tank and becomes overnight success?Well, let's admit, whoever comes to Shark Tank does get a lot of promotion worth a lot of money, and many companies actually ride on that wave and become an overnight success as well. And nothing wrong with it. They took a step to showcase their business in front of sharks on a hugely popular TV show. While you may feel a little envious, which is natural, there are many positive sides as well for you.1. You can use the feedback given by sharks to your advantage2. Your idea gets validation if Shark invests money in a similar start-up3. You can keep working on making your product better away from the limelight and pressure.What do you think ? Share your thoughts.

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When was the last time you thought of making scrubbers with adjustable stiffness? Scrub Daddy, Inc. When was the last time you thought of making skateboards with brakes? VibeRide When was the last time you thought of making self-cleaning water bottles? LARQ When was the last time you thought of a product business idea at all?All the hype around AI, crypto, IT, high-tech, SaaS, and other 21st-century fancy terms has taken a lot of attention away from simple product innovations. Today, it’s much more prestigious to add a few AI twists to your software and market it as a next-gen, super ultra-innovative, life-changing tool than to sell kitchen cutting boards or water bottles. On the investor side, many choose to put their money into tech companies, trading at 20-30x EBITDA multiples and promising infinite growth and cash distributions, which may eventually end up bankrupt, rather than investing in cash-flow positive, steadily-growing traditional businesses.I’m not trying to criticize any business or investor. In fact, I find myself admiring tech innovations daily. And now, the moral of the story.Exactly 10 years ago, one of my amazing undergrad lecturers showed us an episode of the TV program Shark Tank ABC. Ever since, it has provided me with daily doses of motivation, practical knowledge, and a broader viewpoint on entrepreneurship. Here are a few key things I have learned:1. Do not underestimate traditional business ideas.2. There’s always room for monetizable innovation, even in the most mature markets.3. Success is absolutely possible in overpopulated markets.4. Passion and commitment pay off.Fun fact: in the episode below, released in late 2012, Scrub Daddy received $200,000 investment from Lori Greiner at just $1,000,000 valuation. In 2023 the company made $220,000,000 in sales imputing at least a $300,000,000 valuation 12 years later.

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One Who Serves: Q&A - Breaking Free from Illusions - AA Michael: One Who Serves:Om Mani Padme, Hum, Om Mani Padme Hum, Om, Om, Greetings to you, One Who Serves here, Shoshanna is here, and we are ready to move forward once again in this program, in this training, and are ready to assist you in your greatest questions that you have had for a very long time. #crystalwind #channeling #awakening