Allen Independent School District



SHARK TANK (Sales Presentations by Entrepreneurs to seek investors/partners)What is SHARK TANK?The critically-acclaimed business-themed show, Shark Tank, has the Sharks continuing the search to invest in the best businesses and products that America has to offer. The show received a nomination for a Producers Guild Award in 2013. In 2012 "Shark Tank" received an Emmy nomination for Outstanding Reality Program and a nomination for a Critics' Choice Television Award for Best Reality Series. The Sharks -- tough, self-made, multi-millionaire and billionaire tycoons -- will once again give budding entrepreneurs the chance to make their dreams come true and potentially secure business deals that could make them millionaires. They are: billionaire Mark Cuban, owner and chairman of AXS TV and outspoken owner of the 2011 NBA championship Dallas Mavericks; real estate mogul Barbara Corcoran; technology innovator Robert Herjavec; fashion and branding expert Daymond John; and venture capitalist Kevin O'Leary. What is an entrepreneur (who is the entrepreneur)? ____________________________________________________________________________What does “Equity in the company” mean?__________________________________________________________________________________________________How are the Sharks “Partners” in this business if they invest?__________________________________________________________________________________________________Why would an entrepreneur want several sharks to invest in their business?__________________________________________________________________________________________________What is a Franchise?_________________________________________________________________________________What does the word “Royalty” mean?__________________________________________________________________ANSWER THE FOLLOWING QUESTIONS ABOUT THIS EPISODE OF SHARK TANK, THE IDEAS, THE ENTREPRENEURS.What was idea (sales pitch) #1_______________________________________________________________What was the initial offer from the entrepreneur (inventor)?What were the features (facts) and benefits of this idea/product (what did you like about it)?__________________________________________________________________________________________________What were the flaws with the idea/product (what did you NOT like about it)?__________________________________________________________________________________________________What was the final result (was there an offer made, if so what was the final numbers)__________________________________________________________________________________________________Do some online research and see if this idea/product/ or company has a website (briefly describe website)What was idea (sales pitch) #2________________________________________________________________What was the initial offer from the entrepreneur (inventor)?What were the features (facts) and benefits of this idea/product (what did you like about it)?__________________________________________________________________________________________________What were the flaws with the idea/product (what did you NOT like about it)?__________________________________________________________________________________________________What was the final result (was there an offer made, if so what was the final numbers)__________________________________________________________________________________________________Do some online research and see if this idea/product/ or company has a website (briefly describe website)__________________________________________________________________________________________________What was idea (sales pitch) #3________________________________________________________________What was the initial offer from the entrepreneur (inventor)?What were the features (facts) and benefits of this idea/product (what did you like about it)?__________________________________________________________________________________________________What were the flaws with the idea/product (what did you NOT like about it)?__________________________________________________________________________________________________What was the final result (was there an offer made, if so what was the final numbers)__________________________________________________________________________________________________Do some online research and see if this idea/product/ or company has a website (briefly describe website)__________________________________________________________________________________________________What was idea (sales pitch) #4________________________________________________________________What was the initial offer from the entrepreneur (inventor)?What were the features (facts) and benefits of this idea/product (what did you like about it)?__________________________________________________________________________________________________What were the flaws with the idea/product (what did you NOT like about it)?__________________________________________________________________________________________________What was the final result (was there an offer made, if so what was the final numbers)__________________________________________________________________________________________________Do some online research and see if this idea/product/ or company has a website (briefly describe website)__________________________________________________________________________________________________DO ONLINE RESEARCH ON THE 5 SHARKS LISTED AND RECORD IN-DEPTH INFORMATION ON THEIR SUCCESS:How did they make their money- what products or companies did they create- EXPLAINMark Cuban __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________Barbara Corcoran______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________Robert Herjavec_____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________Daymond John______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Kevin O'Leary______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ ................
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