Elephant Chat on Shark Tank
Elephant In The Room - Episode 509 10/25/2013
|Jason and Amanda Adams|
Inventors of Elephant Chat
Well first off these creative entrepreneurs Jason and Amanda Adams from Mckinney, Texas, are going to stuff it inside a glass cage and carry the Elephant out themselves.
This isn't just any Elephant in the room but one that comes with a special meaning inside its glass cage until a problem arises that the Elephant becomes too big and needs to be let out. Metaphorically speaking, the Elephant In The Room represents a problem or a truth that's being ignored and the longer it's not talked about, the bigger the Elephant (problem) becomes.
Jason and Amanda Adams might know a thing or two about opening up and communicating with what's really important in a relationship. The Adams fell in Love on their very first date and already knew they would marry each other, but how do you tell someone you just met that you already want to marry them?
Jason bought a stuffed elephant to represent the metaphor which was just what he needed to break the ice and open up his feelings. Amanda also felt the same way and within 6 weeks of meeting they were off to Hawaii and got married.
Realizing how effective his little elephant helped solve a big problem in the room, the entrepreneur spirit took over and the Elephant Chat Product was born. To raise the money needed to bring their new invention to the market the Adams first unsuccessfully tried a crowd funding campaign started at Kickstarter earlier this year in March. Undeterred the Adams brought Elephant Chat to a Shark Tank audition and won a spot in this Friday Night's episode #509.
Elephant Chat inside the Shark Tank
This is an interesting idea that I'm sure there's a market for but is this market big enough to support a Shark Tank Investment? In a lot of ways, this invention reminds me of the Man Medals seen earlier this year in season 5. The problem with that idea was nothing propriety about the invention which puts the value of the business solely on the Branding that's already been done. In this case, according to the website, they still do not have a finished product for sale which is a little alarming getting so close to Show Time.
There is a mention of Shark Tank on the front page of Elephant Chat but it also has links to Kickstarter which ended unsuccessfully several months ago. The pre-order page also looks to of been taken down which is going to "cost them" thousands of orders if it's not up and running before Friday Night.
Did the Elephant in the Room go out of business before it even began? I sure hope not because no business or idea seen on the Shark Tank should ever dismiss the Power of the Shark Tank Effect and what it can do for their business. So what if the Sharks don't like the idea, when millions of people watch the show there will always be a percentage that will be interested in buying the product if it's available. On the FaceBook Page they do have a recent picture taken with Rick Hopper the inventor of ReadeRest that's definitely a good sign
I'll keep an eye on this one and maybe I just visited the site before they were ready for the Shark Tank Show. In that case, I will update this article with hopefully better news that you can at least pre-order the Elephant Chat. If they still need to raise money to get this product to market, NOW is the time to start a new crowd funding campaign and take full advantage of all the publicity headed their way.
Visit Elephant Chat Website
Elephant Chat Update:
First off I'd like to thank Amanda and Jason for mentioning the Shark Tank "Success" Blog on their Facebook page before the Shark Tank airs tonight. That does mean a lot if you guys read this again and put you on a special list of other contestants that have also taken the time to recognize this blog before one of the biggest days of your life. "Thank You"!
O.K. now down to Business as a few interesting developments have happened since this article was first written. First of it looks like they took my advise (ya right, but it sounds good) and have indeed just started a Brand New Kickstarter Campaign for The Elephant Chat to coincide with this episode.
They also just came out with a new product called "Lori the Listening Elephant" that makes me wonder, Hm, why would they choose the name Lori for their new product? Did Lori Greiner invest in The Elephant Chat and have a product within the Brand named after her like she's done in the past? Or is this all one big coincidence and they just liked the name and it has nothing to do with one of the Sharks tonight?
I'm still not convinced the Adams will make a deal with the Sharks tonight, but it does make you wonder there's definitely more to this story than meets the eye.