Amelia Crowe
Shark Tank would be the correct angle for our company to participate in because of the valuable advice they could potentially give us. Between the investors of Shark Tank and the single investor Marcus Lemonis, our brand would better improve from the investors of Shark Tank. We are currently in the position where an elevator pitch and meeting would be very beneficial, our business has not yet blown up completely. We would not be able to provide the space where Marcus could fix a company that is in need of help because we are the owners of an idea and brand new company. I think the investor Lori Greiner is someone we would hope to work with because of her experience in retail and her success in creating new/fresh products. The product we have developed is fresh and the demographics are inclusive which makes it attractive and I think she would be able to represent that image or at least be open to learning more about it. One major difference between Shark Tank and The Profit is the fact that Marcus Lemonis finds broken down companies and becomes a partner that gives a check in order to pay off losses, rather than being a consultant. The profit is in charge of an already ̈functioning ̈ company for a week and takes charge, where Shark Tank listens to ideas and decides whether it sounds good enough for them to invest in. Shark Tank investors decide how much of a company they want to have (take ownership in) and they base how much they want to invest depending on first impressions.
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