Wednesday, November 25, 2009

shark tank: grs business

Graffiti removal service:
the guys is asking for $350,00 giving the investor 15% of his business, he didn't make the chemical to take off the grafitti and he cant patten the chemical, he just owns the buisness but he dosent have any franchises yet for his buisness. They reoffered him $250,00 for 75% of the buisness and making him an employee, but he turned down the deal and walked away empty handed. the deal they offered him i think was not a good offer to take up on, didnt benefit him that much. the company is nation wide now and he is in the process of qualifing the franchises.

Tuesday, November 24, 2009

Shark Tank:Happiness Products

Souls calling is a buisness that makes items to remind people to be their selves and be happy
some of the projects she makes are the "insperella umbrella" and the "connection bracelet" they all have sayings on the umbrella and the bracelet and flip flops and so on. she only made 18,000 in five years which dosent make it a succesful buisness, she got to emotionaly attatched to this buisness. so none of the entrepreneurs on shark tank would invest in her product for those reasons. They told her she should drop the buisness but she said she couldn't. i thought the buisness wasnt a very good idea, as it wouldnt sell as some people find it a bad idea.


Wednesday, November 18, 2009

Mr.poncho & euro club



Mr. poncho, is a buisness created by a couple they went on sharktank but the investors didn't think it was that useful so they didnt invest into it and the couple walked out empty handed, what it is is a normal cover case for your ipod and then a metal rubber type push out button to wrap your headphones around, they have their own website now. a euro club, is a club for golf created by a doctor, he created this product in inspiration of his patients, cause they told him he should make it, it is a club used to urinate in,not used for playing golf it has a green curtain to cover. But the sharks thought it was more of a gag joke then a real product so most of them backed out until the last investor decided to invest in it for 70% of the company giving him 25k for the making of the company, and he took the deal.

Tuesday, November 17, 2009

bobble place

bobble place featured on shark tank, the guy who made the buisness he makes 500,000-600,00 a year
he went on shark tank to give them a percentage of his new buisness, and they wanted his bobble head internet buisness instead they offered him 125,000 for 20% of the buisness and he wouldnt take it so he walked out of there empty handed.

Friday, November 13, 2009

Eric Van Maren

  • He did 18 thousand homes anything to do with relestate from construction to relestate finance.
  • Key attributes of being an entrpreneur

- Work hard: dont become one if your planning on taking lots of holiday's or only thinking of working 6-8 hours a day, because when you're an entrpreneur you have to work long hard hours.

- Passionate: the best workers are the ones who are passionate about what they do.

- They learn from their mistakes.

- concerned about their reputation: "a reputation takes a life time to build, but it only takes a moment to destroy"

-if they need more employees they hire the best: dont be afraid to hire people who are smarter then you make sure you hire some employees that have skill's that you don't have.

- and finally stick with what you are good at.

  • networking - build your network, 5000 names in his contract, use your contacts ask for help.
  • dont make hasty decisions.

partnerships- what does your partner bring to the table.

known knows-lumber cost

unknown knows- snow removal

unknown + unknowns- crisis- exit strategies.

Tuesday, November 3, 2009

Google

Google was founded by Larry Page & Sergey Brin while they were students at stanford university, google began in january 1996 as a research project by Larry Page who was then joined by Sergey Brin. the name "Google" had been originated from the mispelled word "Googol" which means the number represented by a one followed by one hundred zeros, before that the system had originally been nicknamed "backrub" because the system checked backlinks to estimate the importance of a site.In march 1999 the company moved into offices in Palo Alto. Later the company leased a complex of buildings in Mountain Veiw,California the company has remained at this location ever since. In 2005 Google entered into partnerships with other companies and government agencies to improve their production and services they made partnership with NASA Ames Research Center. 99% of Google's renevue is from its advertising programs. Google has continued to be one of the top search sites.