Veggie Mama Snatched Away from Perpetuity

Veggie Mama Gets Deal on Shark Tank

 If you follow the Shark Tank Success Blog you already know how I feel about offers on the Show involving royalty fees in perpetuity or for the life of that product. For the Sharks or any Angel Investor making a deal with this little addition to the terms of the contract, they now has you by the balls for the "life of that business'" and there's nothing you can ever do about it. A royalty fee in perpetuity basically guarantees the investor will be paid back in record time and continue to suck profits right off the top for the life of that businesses existence.

Kevin O'Leary is now starting to get famous for making such ridiculous offers that no entrepreneur in their right mind would ever except if they understood what they were getting themselves into. Once you see O'Leary make a royalty offer involving no equity now almost on a weekly basis, it's clear He's not necessarily trying to screw the business, but testing the business owners judgment for making correct decisions while under pressure of the Shark Tank Show. If any contestant ever does decide to take Kevin up on basically a Business "Shark Loan" that never ends like the Wicked Good Cupcakes did in Season 4, it's still possible for the entrepreneur to make a lot of money while adding to O'Leary's Fortune.

I have almost come to expect an offer from O'Leary like this when he's on the fence about investing in certain products, but still wants to throw some sort of offer on the table. But Lori Greiner and Robert Herjevic on the other hand, I would of never expected to make such an offer.
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$400 Million Financial Advice From The Sharks

Financial Advice From All The Sharks

 In light of last night's $400 million Power Ball Jackpot, a very wise and smart reporter who had access of all the Sharks still filming season 5, asks them for financial advice if you win the $400 million dollar prize. With a combined net worth estimated over $5 billion, all 6 of the Sharks on the Shark Tank Show took turns giving free financial advice.


When Mark Cuban was asked "what would your advice be if someone were to win the powerball?", with His reply being "put it in the bank" without even thinking about it. Mark goes on to say "whenever you get a large sum of money fast, then all kinds of things happen that you never anticipate". After settling up with Uncle Sam, you will also have a lot more Best Friends and a lot of people wanting to give you advise on how to spend all this money. Sure, if you just have your money sitting in the Bank you're not going to make any interest to speak of these days, but your money is "safe" and not going to disappear. Besides after taxes you will have around $200 million free and clear, so how much more money do you need to make in the short term anyway? Marks main advise is theirs only one goal and that's to "keep it". (Great Advice)

Daymond John's financial advice is if you win the lottery, #1 don't tell anyone


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First Defense Nasal Screen Update

First Defense Nasal Screen on Shark Tank

"Peel and Stick" Nasal Screens - Season 2 Episode 202 - Update

First Defense Nasal Screen
Gets Biggest Offer Ever
on the Shark Tank

 The First Defense Nasal Screen is a clever and cheaper way to protect yourself against a host of allergens, germs, pollen and pollution to name just a few. Joe Moore the inventor of this clever devise explains "you basically just peel and stick the almost invisible sticker directly on your nose hole for instant results".

Think of it almost like an air cleaner for your respiratory system that blocks out breathing allergies in the fist place

 Cool Idea Hugh? I thought so and so did the Sharks. In fact this is such a cool idea that it got a $5 million dollar offer for the entire company which set a record for the highest dollar amount ever offered on the Shark Tank Show.

 

First Defense Nasal Screen Shark Tank Recap:

Joe Moore first walked into the Shark Tank looking for a $500,000.00 investment in exchange for 10% of his Nasal Business.
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