![]() Daymond is known as a master strategist and almost everyone wants a share of this versatile businessman.ĭaymond’s agreement with Samsung America for global distribution and his FUBU products makes its annual sales of 350 million compared to big brands in the world Donna Karan or Tommy Hilfiger. Soon his friend decided to patch up and with their help, he succeeded. When he started FUBU he was sewing the clothes for rappers and the music culture by himself. Post his removal from the company, the push to start his own company was born to meet his mortgage.ĭrive and improvisation are the most important thing that has let him get through one learning curve to another. Moved into selling IBM mainframe emulation boards, but after 6 months he earned himself a paycheck and went on to become the General Manager. Robert’s joined Logiquest, a computer start-up, to let him work there for free. Adaptability is a key trait that Robert emphasizes as a key component for an entrepreneur’s success. Robert learned his early lessons in the working world, born in Croatia but living in Canada had to make ends meet as a newspaper deliveryman and a waiter, picking up valuable lessons in relating to his customers, maximizing his tips and turnover.īefore his venture into entrepreneurship, he worked in varied industries including working in retail, film production, and even as a collection agent. Robert Herjavec is a gregarious entrepreneur who has built and sold several multi-million dollar IT companies and now runs The Herjavec Group, a fast-growing security software company. CEO and founder of Herjavec Group (IT Security).This business led to his valuation to be $4.2 billion in that time. He secured another $10,000 from his mother which he used in the business. He decided to start his own venture with the money he got and called it Softkey. The next best thing happened he became a television personality and got a share of the company. He worked as the company’s brand manager and was in charge of increasing the market share of a cat food company. The next thing that happened was the internship he got into Nabisco and this taught him a lot. His mother taught him many things like to only spend the dividends of his investment and he was a person who followed the rule for his whole life. He learned to invest at an early age and began investing from as early as high school. KEVIN O’LEARY’S SUCCESS STORY STARTS WHERE MOST ENTREPRENEURS BEGIN: WITH A BIG IDEA AND ZERO CASH. CoFounded and Sold the Softkey Learning company.I think this showed how desperate she was for a short-term cash infusion to keep the business going. She ended up accepting a $200K “venture debt” deal (aka….a $200K loan) with hefty royalties going to Mr. Shark Robert told her that “she’s missing discipline”. She’s raised $2.8 million from investors prior to Shark Tank and now has just $200K left in the bank. She’s a Harvard graduate who is passionate and knowledgeable. The toys are based on Montesorri school methods. Zahra from Monti Kids sells educational toys for kids age 5 months to 3 years. The wine tasted great according to all the Sharks.īrice ended up getting a deal from Shark Lori for $160K for 12 1/2 percent equity. The labels were attractive and accomplished the objective….to demistify wine. No deal here.īrice from Obvious Wines has created wine labels that help their customers easily understand what’s in the bottle without knowing any fancy wine jargon. The fear aspect of your pet getting killed or injured without a “Rocketeer Pack” (the ZuGoPet product name) should be the focus of their Marketing efforts going forward. As Mark Cuban pointed out, people often buy products based on Fear, Uncertainty, or Doubt (FUD). The product was very complicated to use and the Marketing efforts had been weak. ![]() It wasn’t intended to be funny, but missed the mark! The dogs looked like they were suspended in mid-air and velcro-ed to the car seat. I can honestly I have never seen the Sharks laugh so hard. When they demo’d the product, the Sharks laughed and laughed. Juls and Carolyn from ZuGoPet makes a harness-like device that protects dogs while in the car (picture a car seat for pets). Two deals in one….very unusual, but great for Noel. It’s like getting a deal with a guaranteed back-up deal. The deal called for $225K for 25% equity. If that doesn’t work out, Mark will partner with Noel. Daymond wants to License the product to a larger company who would take over all manufacturing and distribution. Noel got a great deal from Sharks Daymond and Mark Cuban.
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