Wednesday, December 5, 2018

Sam Marshall

With my company, NYFCo., a brand new successful company focused on our innovative technology within our fitness clothing, for us the best option would be the Shark Tank option. More specifically, Mark Cuban. Our company is already partnered with Daymond John so we are already marketed by the Brooklyn Nets. I chose to partner with Mark Cuban to access his connections with the Dallas Mavericks and hopefully in the future his other sports connections. With our company being successful and just in the growth/introductory phase, it is more important to receive the extra help or boost given by the sharks than the sort of restart given my Marcus Lemonis. The major difference between the sharks and Marcus Lemonis is the fact that Lemonis wants to own a close to 50% of the company. But with this 50%, he will not only obtain most of the leadership of the company and flip the course of the business, but he will upgrade everything in and about the business. The Sharks are more behind the scenes players. They handle money and investments and improving connections. Marcus Lemonis is not afraid to get his hands dirty and experience the work ethic of the company. The sharks sit on their high chairs and mainly look over everything. Lemonis will change the entire business model where the sharks are more of an extra boost, which is what my company could use.Image result for shark tank sharks

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