Tuesday, June 4

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Shark Tank Episode 414 Update

Next Shark Tank Show

Kickstarter Success = Shark Tank Success
Rerun from January 11, 2013
Seen on the Shark Tank
A Great Way To Get On The
Shark Tank Show
 If there is one sure fire way to get noticed and possibly get on the Shark Tank Show it would have to be with how successful your crowd funding campaign was. It's become very clear in season 4 that the ABC producer's overseeing the Shark Tank very much take your crowd funding success into consideration when deciding who gets to be on the show.  And why shouldn't they? Unlike any other business type reality show, the Shark Tank Show, ABC and even Disney have a direct financial stake in ALL products and services seen on the show. The more successful you can prove that there is indeed a market for your invention using a crowd funding platform, the more interest you will receive from the producer's WANTING you on the show. That's a Huge Advantage from everyone else that may have a good idea, but is still unproven to be a winner.

 This weeks rerun of the Shark Tank has two different inventions that first got their major break using Kickstarter.com to launch their businesses. The first one and one of Kickstarters biggest success stories to date is Coffee Joulies. Can you imagine having a Great Idea and starting a crowd funding campaign that averages over $10,000.00 A Day for a solid month straight? Having successfully raised over $300,000.00 in a little over a Months time, the two Dave's quickly climbed above the competition and became a favorite for the producer's to get this product on the show.


Coffee Joulies Update

From starting out with a modest $9500.00 goal to start the Coffee Joulies Business and then averaging more then that on a daily basis, Dave Petrillo and Dave Jackson have been extremely busy entrepreneur's trying to keep up with demand. In fact these magic beans that keeps your coffee hot were such a big success when they first aired a few months ago, the Coffee Joulies completely sold out at Amazon within minutes. The backlog to get a set of Coffee Joulies lasted for over 2 Months until they were finally able to catch up with the back orders.

The good news when they rerun this episode is that 4 out of 5 Sharks invested in this invention and they hopefully have plenty of supply ready to ship this time around. You would certainly think that keeping up with demand would not be a problem when you have 4 very wealthy investors that have a stake in your business. The possibilities are endless for this patented product that distributes heat in this manner and the future definitely looks bright. When they put this technology inside the coffee cup itself, I will be first in line to buy one.

Urbio Wall Garden's Update

The Urbio Wall Garden is the second crowd funding success story that is on tonight's episode. Having a reasonable goal of $15k needed to kick start their wall garden business into high gear, Jared Aller and Beau Oyler ended up with over 800 backers and $77,000.00 before it ended. Needless to say this was a huge success when the Urban Vertical Wall Garden was first seen on the Shark Tank last January which they quickly sold out in record time. Lori Greiner seeing a Big Hero, invested $300k for a 20% stake in the growing business. Interestingly as cool as this invention is and how much more interesting it would be to see in person, they still have not been able to get the Ubio products in any retail stores that I can find. It does however to do very good every time it's on Lori's QVC Show.


SubZero Ice Cream Update

Who would of ever thought a trip down to the Ice Cream Store could be so much fun for the entire family? The Sub Zero Ice Cream has over a trillion different combinations to choose from which they make right in front of you while your watching. Using Liquid Nitrogen to freeze the cream, this IS the very freshest ice cream you could possibly buy from ANY Ice Cream Store. Adding a compulsive buy with a new form of entertainment to get you in the door, seems like a very successful idea to me. But unfortunately all the Sharks did not think they could add any value to the business and declined to invest the $300,000.00 the Hancock's were looking for.

 The Sharks may of decided not to invest in the Ice Cream Business but several Entrepreneurs watching the show were very interested in a franchise with the Sub Zero Ice Cream Brand. In just the past 5 months when Subzero first aired on the Shark Tank Show, the number of stores has grown from 18 to over 30 ice cream stores. They even have the first International store opening in the United Arab Emirates in Abu, Dhabi later this year.


Teddy Needs A Bath Update

So what do you do when your a billionaire and your kid's Teddy Bears needs A Bath? You invest $100,000.00 in a new invention that will take care of this problem once and for all. Nicole Townsend boldly negotiated with Mark Cuban for a 30% stake in the Teddy Needs A Bath Business and walked away with $100k to help grow this idea into a Brand. These Eco-friendly cotton bags come with a large zipper for your larger stuffed animals or for washing several at a time. The response from the public has been overwhelming to say the least as they quickly sold out after being seen on the Shark Tank.
 In just a few months time after making a deal with Mark Cuban, Nicole's invention can now be found in several large retailers including Toy-R-Us and Babies-R-Us to name a few. She also has over 50 smaller retailer's around the country now that now sell this product. It's Very Impressive how fast Mark's team moved and helped get this clever product out to the masses.

Shark Tank Update "Litter Jewelry"

The Litter Jewelry Collection was started by two sisters Mackenzie Burdick and Rachael Mann that Daymond John and Mark Cuban both invested in. The two Sharks loved the Jewelry Line but deemed it would take a lot of their time and effort and wanted a 51% controlling interest in the business for a $80,000.00 investment. Whats the one thing better then making a deal with a Shark? Making a deal with two Sharks that could add tremendous value, and that's exactly what the sisters did.

The very first time Litter Jewelry was seen on the Shark Tank the web site received over 250,000 views and racked up over $25,000.00 in sales back in season 3. With this Shark Tank Update in episode 414, and now the rerun this Friday Night, the Litter Jewelry Line has really taken off putting both Cuban and John already in profit many times over.


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