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<channel>
	<title>In The Shark Tank</title>
	<atom:link href="http://inthesharktank.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://inthesharktank.com</link>
	<description>Can You Swim With The Sharks?</description>
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		<title>Casting Call for Dragons Den</title>
		<link>http://inthesharktank.com/2010/03/casting-call-for-dragons-den/</link>
		<comments>http://inthesharktank.com/2010/03/casting-call-for-dragons-den/#comments</comments>
		<pubDate>Sat, 06 Mar 2010 05:04:01 +0000</pubDate>
		<dc:creator>Brenden</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Casting Call]]></category>
		<category><![CDATA[cbc]]></category>
		<category><![CDATA[Dragons Den]]></category>

		<guid isPermaLink="false">http://inthesharktank.com/?p=672</guid>
		<description><![CDATA[
There is no news yet about a second season of Shark Tank, but if you&#8217;re interested in pitching your business to wealthy investors than Dragon&#8217;s Den is your show. CBC (Canadian Broadcasting Corporation) has started a coast-to-coast search for creative ideas and money-making businesses. Dragon&#8217;s Den is the same concept as Shark Tank, it even [...]]]></description>
			<content:encoded><![CDATA[<p><img class="size-medium wp-image-674 alignleft" title="Dragons Den Logo" src="http://inthesharktank.com/wp-content/uploads/2010/03/Dragons-Den-300x120.jpg" alt="Dragons Den Logo" width="300" height="120" /><br />
There is no news yet about a second season of Shark Tank, but if you&#8217;re interested in pitching your business to wealthy investors than Dragon&#8217;s Den is your show. CBC (Canadian Broadcasting Corporation) has started a coast-to-coast search for creative ideas and money-making businesses. Dragon&#8217;s Den is the same concept as Shark Tank, it even stars two of the Sharks Robert and Kevin O as Dragons.<br />
In the past Americans have appeared on the show, and I do not see anything in the rules that forbid American citizens from addition.<br />
You can addition in person at one of 40 sites across Canada, or online by filling out <a href="http://www.cbc.ca/dragonsden/apply/apply.html">this application form</a>.<br />
Here is a partial list of additions locations:<br />
March 6, Toronto and Winnipeg<br />
March 8, Victoria  and Windsor<br />
March 13, Vancouver<br />
March 16, and 17, Edmonton<br />
March 19, and 20, Calgary<br />
March 20, Montréal<br />
March 22, Québec City and Waterloo<br />
March 23, Fredericton<br />
March 25, Yellowknife<br />
March 26, Charlottetown<br />
March 28, Halifax<br />
March 30, Whitehorse<br />
March 30, St. John&#8217;s<br />
April 1, Hamilton<br />
April 8, Thunder Bay<br />
April 10, Toronto<br />
April 17, Ottawa</p>
<p>For a full and updated list <a href="http://www.cbc.ca/dragonsden/apply/">click here</a>.</p>
<p>Make sure you bring the completed <a href="http://www.cbc.ca/dragonsden/apply/DD_release_2010.pdf">audition consent and release form</a>.<br />
For more information <a href="http://www.cbc.ca/dragonsden/apply/">click here</a>.<br />
Good luck and I hope to have more news about the second season of Shark Tank, when it comes available.</p>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Episode 15 Recap</title>
		<link>http://inthesharktank.com/2010/02/episode-15-recap/</link>
		<comments>http://inthesharktank.com/2010/02/episode-15-recap/#comments</comments>
		<pubDate>Sun, 07 Feb 2010 01:10:30 +0000</pubDate>
		<dc:creator>Brenden</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Llama Brew]]></category>
		<category><![CDATA[Nubrella]]></category>
		<category><![CDATA[Pillars of Slippers]]></category>
		<category><![CDATA[Qubits]]></category>
		<category><![CDATA[Recap]]></category>
		<category><![CDATA[Send-a-Ball]]></category>

		<guid isPermaLink="false">http://inthesharktank.com/?p=653</guid>
		<description><![CDATA[The Shark Tank was full of blood last night as the Sharks ripped apart, would be entrepreneurs who were looking for the sharks to fund their businesses.
First into the tank was Michele Kapustka and Melisa Moroko two sisters who teamed up to start their business, Send a Ball. The sisters were looking for $86,000 for [...]]]></description>
			<content:encoded><![CDATA[<p>The Shark Tank was full of blood last night as the Sharks ripped apart, would be entrepreneurs who were looking for the sharks to fund their businesses.</p>
<p><img class="alignleft size-full wp-image-654" title="Send A Ball Shark Tank" src="http://inthesharktank.com/wp-content/uploads/2010/02/new-piramid.jpg" alt="Send A Ball Shark Tank" width="125" height="125" />First into the tank was Michele Kapustka and Melisa Moroko two sisters who teamed up to start their business, <a href="http://www.sendaball.com">Send a Ball</a>. The sisters were looking for $86,000 for 20% of their business. Send a Ball, creates custom made inflatable play balls with fun messages that can be sent in the mail, like greeting cards. They can be personalized for the recipient, and are a fun and unique greeting card. Currently they have sales of $100,000 a year, and can&#8217;t fill orders fast enough, they&#8217;re shipping between 50 and 70 balls a day and only expected that to increase.</p>
<p><img class="alignright size-medium wp-image-655" title="postal girl yes" src="http://inthesharktank.com/wp-content/uploads/2010/02/postal-girl-yes-261x300.jpg" alt="postal girl yes" width="209" height="240" />The sisters are running the business out of their garage, with the help of their kids, they hope to use the sharks money to move to a permanent location and buy equipment that will give them, greater control over their product. They predicted they could break even by selling 100 balls a day. The sharks pointed out that anyone can copy their business, they have nothing proprietary, which makes it hard for them to invest. In the end the sharks said to go get a bank loan, they didn&#8217;t need the sharks investment.</p>
<p><img class="size-medium wp-image-656 alignleft" title="Qubets" src="http://inthesharktank.com/wp-content/uploads/2010/02/DSCF0098_2-299x300.jpg" alt="Qubets" width="209" height="210" />Next into the tank was Mark Burginger with his construction toy <a href="http://www.qubits.com/">Qubits</a>. Qubits is a toy that can curve into many different shapes, like no other toy out on the market. Mark has patented the toy, and has spent $60,000 to bring it to market, but is only sold $8000 worth of product since 2007. Mark is looking for $90,000 for 51% of the business, he wanted the sharks experience, and felt he could get it if he give up control of his company.</p>
<p>The sharks wanted to know why he hadn&#8217;t just gone to a large toy company and try to license the product to them. They pointed out that all he would&#8217;ve had to do is develop a prototype and patented, shopped it around to the major toy companies, and saved himself a lot of money in manufacturing. Daymon excepted Marks offer with the contingency that they get a deal with a big toy company. Mark accepted the deal.<br />
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<img class="alignright size-medium wp-image-657" title="GD_logospillars" src="http://inthesharktank.com/wp-content/uploads/2010/02/GD_logospillars-300x270.jpg" alt="GD_logospillars" width="210" height="189" />Third into the tank was Nicole Jones with her business the <a href="http://pillarsofslippers.com/">Pillars of Slippers</a>. Nicole is incredibly confident and a energetic presenter, her business definitely benefits from her. Pillars of Slippers is similar to Tupperware parties but instead of Tupperware she sells shoes. Nicole was looking for $150,000 for 15% of her business.</p>
<p>Although she operates a retail store, she realized there was more money to be made from online sales, and these parties. Her goal was to franchise her business, for $100,000 each which would include a Hummer and all the equipment and inventory they would need. Her average party generated $725 in sales, with costs around $300. Without paying for new inventory, wages or any other costs a franchise would have to host 236 parties in order to break even just on the franchising cost. The sharks suggested that she try to bootstrap (lower cost) the franchise, eliminate the Hummer and make it more reasonable for franchising. She walked away without a deal.</p>
<p><img class="alignleft size-medium wp-image-658" title="20" src="http://inthesharktank.com/wp-content/uploads/2010/02/20-128x300.gif" alt="20" width="128" height="300" />Phil and Aida Lough were next to test their skills against the hungry Sharks. <a href="http://llamabrew.com/">Llama Brew</a> is a liquid fertilizer made from liquidized llama droppings, it’s a natural fertilizer where most fertilizers use chemicals. The business is relatively new, but they had generated $4000 worth of sales. Phil and Aida were asking for $125,000 for 10% equity in the business. The couple had a provisional patent on the process of converting the excrement to fertilizer.</p>
<p>The biggest stumbling point for Phil and Adia is a large cost of educating the public that llama fertilizer is superior to other forms of fertilizer. Their evaluation of their business was crazy, a single llama costs about $1000, the sharks could buy 125  llamas and open up their own fertilizer business for that investment. All sharks were out.</p>
<p><img class="alignright size-medium wp-image-660" title="Nubrella" src="http://inthesharktank.com/wp-content/uploads/2010/02/Nubrella-300x292.jpg" alt="Nubrella" width="240" height="234" />Last into the Shark Tank was Alan Kaufman and his business <a href="http://www.nubrella.com/">Nubrella</a>. Nubrella is a new type of umbrella that won’t invert, will keep the user warmer, can be used hands-free, and can even be used while riding a bike. He was looking for $200,000 for 25% of his business. It is currently selling for $49 at a cost of $14 apiece. He had sold 3000 already and had invested $900,000 into the business. It goes without saying with such a large investment he had the product patented.</p>
<p>Kevin Harrington offered $200,000 for 65% of the business, Alan rejected the offer. Daymon and Kevin H. joined together to make an offer of 200,000 for 60% of the business. Daymon said as long as there was orders he would fund production for the lifetime of the business. After some more negotiations they settled on $200,000 for 51% of the business, giving control to the sharks. Alan took the deal.</p>
]]></content:encoded>
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		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>Episode 15 Preview</title>
		<link>http://inthesharktank.com/2010/02/episode-15-preview/</link>
		<comments>http://inthesharktank.com/2010/02/episode-15-preview/#comments</comments>
		<pubDate>Wed, 03 Feb 2010 06:18:03 +0000</pubDate>
		<dc:creator>Brenden</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Llama Brew]]></category>
		<category><![CDATA[Nubrella]]></category>
		<category><![CDATA[Pillars of Slippers]]></category>
		<category><![CDATA[Preview]]></category>
		<category><![CDATA[Qubits]]></category>
		<category><![CDATA[Send-a-Ball]]></category>

		<guid isPermaLink="false">http://inthesharktank.com/?p=634</guid>
		<description><![CDATA[Shark Tank episode 10 February 5th featuring: Nicole Jones, “The Shoe Professa” Pillars of Slippers, Phil and Aida Lough, Llama brew, Michele Kapustka and Melisa Moroko, Send a Ball, Mark Burginger Qubits, Alan Kaufman, Nubrella,]]></description>
			<content:encoded><![CDATA[<p>On this weeks episode of Shark Tank:</p>
<p>Nicole Jones “The Shoe Professa” and her business <a href="http://pillarsofslippers.com/">Pillars of Slippers</a>, her business offers fashionable shoes at a reasonable price. Nicole wants to franchise her business which throws ‘shoe parties’ similar to Tupperware party’s in peoples houses.</p>
<p><a href="http://llamabrew.com/"><img class="alignright size-medium wp-image-640" title="Llama_Store" src="http://inthesharktank.com/wp-content/uploads/2010/02/Llama_Store-300x300.gif" alt="Llama_Store" width="245" height="245" /></a>Phil and Aida Lough will pitch their business <a href="http://llamabrew.com/">Llama Brew</a> is an econ-friendly liquid fertilizer made out of llama manure. You have to love an entrepreneur who is making money selling shit.</p>
<p>Michele Kapustka and Melisa Moroko are a sister team who will bring their small business <a href="http://www.sendaball.com/start">Send a Ball</a> to the Sharks. Send a Ball is an internet based greeting company that sells play balls with personalized messages on them, they are then sent fully inflated in the mail to who ever you want.</p>
<p><a href="http://www.qubits.com/index.html">Qubits</a> is a business owned by architect Mark Burginger. Qubits is a new type flexible building toy, which helps kids learn about engineering.</p>
<p><a href="http://www.nubrella.com/"><img class="alignleft size-full wp-image-646" title="Nubrella logo" src="http://inthesharktank.com/wp-content/uploads/2010/02/logo.jpg" alt="Nubrella logo" width="227" height="111" /></a>Alan Kaufman developed a new type of umbrella that will not invert and can even be used with out hands. <a href="http://www.nubrella.com/">Nubrella</a> is a pop up umbrella, that’s wind proof and holds up against heavy rain and even snow.<br />
<script src="http://ws.amazon.com/widgets/q?ServiceVersion=20070822&amp;MarketPlace=US&amp;ID=V20070822/US/gewemi-20/8001/b4cd74a7-3339-4c78-9b5b-27e80b7034a0" type="text/javascript"> </script> <noscript>&amp;amp;lt;A HREF=&#8221;http://ws.amazon.com/widgets/q?ServiceVersion=20070822&amp;amp;amp;MarketPlace=US&amp;amp;amp;ID=V20070822%2FUS%2Fgewemi-20%2F8001%2Fb4cd74a7-3339-4c78-9b5b-27e80b7034a0&amp;amp;amp;Operation=NoScript&#8221; mce_HREF=&#8221;http://ws.amazon.com/widgets/q?ServiceVersion=20070822&amp;amp;amp;amp;MarketPlace=US&amp;amp;amp;amp;ID=V20070822%2FUS%2Fgewemi-20%2F8001%2Fb4cd74a7-3339-4c78-9b5b-27e80b7034a0&amp;amp;amp;amp;Operation=NoScript&#8221;&amp;amp;gt;Amazon.com Widgets&amp;amp;lt;/A&amp;amp;gt;</noscript><br />
&#8220;Episode 110&#8243; &#8211; The energetic and self-prolcaimed &#8220;Shoe-Professah&#8221; from Chicago begins her colorful presentation with a shoe fashion show, but Kevin O&#8217;Leary can&#8217;t decide whether she&#8217;s a savvy business woman or a nut. A couple from La Habra Heights, California who run a petting zoo have made the most of their resources by coming up with a liquid llama fertilizer. Currently working out of their garage, a charming sister team from Chicago make a hilarious pitch to expand their business that mails balls with messages on them. After going $60,000 in debt to bring a bendable geometric toy to life, an architect from Bend, Oregon is desperate to make his business successful. A man from Delroy Beach, Florida has ingeniously re-invented the umbrella by making it hands free and strapping it onto the body. There is an update on the Life Belt (&#8221;Episode 102&#8243;) and its inventor, Robert Allison, who passed up a million-dollar offer from the Sharks, on &#8220;Shark Tank,&#8221; FRIDAY, FEBRUARY 5 (9:00-10:00 p.m., ET) on the ABC Television Network.</p>
<p>Tune in this week and remember to follow us on twitter <a href="http://www.twitter.com/sharktankabc">@SharkTankABC</a></p>
]]></content:encoded>
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		</item>
		<item>
		<title>As Seen on Shark Tank</title>
		<link>http://inthesharktank.com/2010/02/630/</link>
		<comments>http://inthesharktank.com/2010/02/630/#comments</comments>
		<pubDate>Wed, 03 Feb 2010 05:41:50 +0000</pubDate>
		<dc:creator>Brenden</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Coverplay]]></category>
		<category><![CDATA[Grease Monkey Wipes]]></category>
		<category><![CDATA[Grill Charms]]></category>
		<category><![CDATA[Nubrella]]></category>
		<category><![CDATA[Qubits]]></category>
		<category><![CDATA[Soy-Yer Dought]]></category>
		<category><![CDATA[TC Pets]]></category>
		<category><![CDATA[Voyage Air Guitar]]></category>

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		<description><![CDATA[  &#38;lt;A HREF=&#8221;http://ws.amazon.com/widgets/q?ServiceVersion=20070822&#38;amp;#038;MarketPlace=US&#38;amp;#038;ID=V20070822%2FUS%2Fgewemi-20%2F8001%2F4d6fb928-1d8b-4ce2-bf32-16ef47dbb364&#38;amp;#038;Operation=NoScript&#8221; mce_HREF=&#8221;http://ws.amazon.com/widgets/q?ServiceVersion=20070822&#38;amp;amp;MarketPlace=US&#38;amp;amp;ID=V20070822%2FUS%2Fgewemi-20%2F8001%2F4d6fb928-1d8b-4ce2-bf32-16ef47dbb364&#38;amp;amp;Operation=NoScript&#8221;&#38;gt;Amazon.com Widgets&#38;lt;/A&#38;gt;
]]></description>
			<content:encoded><![CDATA[<p><script src="http://ws.amazon.com/widgets/q?ServiceVersion=20070822&amp;MarketPlace=US&amp;ID=V20070822/US/gewemi-20/8001/4d6fb928-1d8b-4ce2-bf32-16ef47dbb364" type="text/javascript"> </script> <noscript>&amp;lt;A HREF=&#8221;http://ws.amazon.com/widgets/q?ServiceVersion=20070822&amp;amp;#038;MarketPlace=US&amp;amp;#038;ID=V20070822%2FUS%2Fgewemi-20%2F8001%2F4d6fb928-1d8b-4ce2-bf32-16ef47dbb364&amp;amp;#038;Operation=NoScript&#8221; mce_HREF=&#8221;http://ws.amazon.com/widgets/q?ServiceVersion=20070822&amp;amp;amp;MarketPlace=US&amp;amp;amp;ID=V20070822%2FUS%2Fgewemi-20%2F8001%2F4d6fb928-1d8b-4ce2-bf32-16ef47dbb364&amp;amp;amp;Operation=NoScript&#8221;&amp;gt;Amazon.com Widgets&amp;lt;/A&amp;gt;</noscript></p>
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		</item>
		<item>
		<title>Shark Tank Episode 14 Recap</title>
		<link>http://inthesharktank.com/2010/01/shark-tank-episode-14-recap/</link>
		<comments>http://inthesharktank.com/2010/01/shark-tank-episode-14-recap/#comments</comments>
		<pubDate>Sat, 30 Jan 2010 06:05:06 +0000</pubDate>
		<dc:creator>Brenden</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Caffeindicator]]></category>
		<category><![CDATA[Captain Ice Cream]]></category>
		<category><![CDATA[Legal Grind]]></category>
		<category><![CDATA[LipStix Remix]]></category>
		<category><![CDATA[Recap]]></category>

		<guid isPermaLink="false">http://inthesharktank.com/?p=615</guid>
		<description><![CDATA[Shark Tank Episode 14: Lipstix Remix, Jill Quillin, Tim Gavern, Captain Ice Cream, Michael Schiavone, Caffeindicator, Legal Grind, Jeff Hughes, Annie Hughes]]></description>
			<content:encoded><![CDATA[<p>Tonight’s episode of Shark Tank featured for different entrepreneurs, each competing for the Sharks money. These entrepreneurs must convince the Sharks to invest at least the amount they asked for or they walk away with nothing.</p>
<p><a href="http://lipstixremix.com/"><img class="alignright size-medium wp-image-616" title="LipStix Remix" src="http://inthesharktank.com/wp-content/uploads/2010/01/LipStixLogoFINALnoTag-300x189.jpg" alt="LipStix Remix" width="227" height="143" /></a>Jill Quillin came up with an innovative way for women to save money on their lipstick. <a href="http://lipstixremix.com/">LipStix Remix</a> is a system that allows you to melt down your old lipstick and poured into a mold to create a brand-new lipstick. Jill was looking for $105,000 for 30% of her business. Jill needed the sharks help in order to get her product to market, she had currently been selling her product at a mall kiosk, she managed to sell 800 units herself.</p>
<p><a href="http://lipstixremix.com/"><img class="alignleft size-full wp-image-621" title="072009LipStixReMixphotoshoot001" src="http://inthesharktank.com/wp-content/uploads/2010/01/072009LipStixReMixphotoshoot001.jpg" alt="072009LipStixReMixphotoshoot001" width="168" height="239" /></a>It was obvious that Jill knew her stuff, she knew the best way to sell her product was on TV. This meant she needed to get a deal with Kevin Harrington a pioneer in the infomercial business. She was convinced that after a series of infomercials she would be able to get her product in stores. For every kitshe sold on the infomercial she expected to sell ten in stores.</p>
<p>Barbara was first to act offering half the money, but she required another shark to come into the deal.  Daymond offered $105,000 for 40% of the business. And Kevin Harrington joined Barbara but required 40%.  Daymond was convinced the Barbara was not needed in the deal and tried to convince Kevin to drop her, but after some jostling Barbara, Daymond and Kevin made an offer for the full amount for 50% of the business. Jill saw the value in all three sharks, in on the deal, so she accepted.</p>
<p><a href="http://www.captainicecream.com/default.asp" class="broken_link" ><img class="alignleft size-medium wp-image-617" title="Captian Ice Cream" src="http://inthesharktank.com/wp-content/uploads/2010/01/6a01053643a8b6970b0120a4dc12c3970b-800wi-300x161.jpg" alt="Captian Ice Cream" width="300" height="161" /></a>Tim Gavern was hoping to make a deal with the sharks for a piece of his business, <a href="http://www.captainicecream.com/default.asp" class="broken_link" >Captain Ice Cream</a>.  Tim planned to sell and franchise is novelty moped ice cream business. He was willing to give up 25% of his business for an investment of $48,000 from the sharks.  Tim would wholesale the ice cream to his franchisees, and sell them a moped for $7000 each. In a good day a franchisee can expect to sell $200 worth of ice cream in four hours, which according to Tim would translate into about $25-$50,000 a year in income. Even with a markup of 400% on ice cream, this business is not going make anyone into a millionaire overnight. None of the sharks invested.<br />
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Next into the tank was Michael Schiavone and his business <a href="http://www.caffeindicator.com/">Caffeindicator</a>.  Michael had developed a method for testing whether coffee was decaf or regular. He’d been able to combine this with sugar packets, when a regular coffee was poured on the packet it would turn pink. The obvious advantage of this would be that you don’t inadvertently drink decaf and hour before you go to bed. Michael was looking for $200,000 in exchange for 25% equity in the business.</p>
<p>Michael, a mechanical engineer, had patented the product and was planning to license the product to one of five major sweetener companies. Michael recognized it would be more profitable to make a small fraction of a penny off of each order, versus the risk of producing your own packets and the costs involved with that. He expected that the sweetener companies might use his product to gain market share, he was predicting a bidding war. Michael even suggested that he might sell the patent to the highest bidder, and it would be up to them whether they use it or bury it.</p>
<p>Robert was first to jump at it, offering $200,000 for 60% of the business. This was contingent on him getting a deal with the sweetener companies. Kevin H. followed Roberts lead and offered $200,000 for 50% of the company with the same contingency as Robert. Michael wisely accepted Kevin H’s deal.</p>
<p><a href="http://www.legalgrind.com/"><img class="alignleft size-medium wp-image-618" title="Legal Grind" src="http://inthesharktank.com/wp-content/uploads/2010/01/3602536822_790bc6c707-277x300.jpg" alt="Legal Grind" width="234" height="253" /></a>Last into the shark tank was Jeff and Annie Hughes and their business <a href="http://www.legalgrind.com/">Legal Grind</a>.  Legal grind is a coffee house where middle-class people can get access to legal resources, such as lawyers and other basic legal services.  They were looking for $200,000 for 15% of their business.  Jeff and Annie tried to do a funny pitch, but the sharks were not impressed, and their pitch fell flat on its face.</p>
<p>Their goal with their business was to franchise, bringing legal services to middle-class America. Jeff is a lawyer, he been operating the business since 1996, bringing in about $200,000 in gross sales a year.</p>
<p><a href="http://www.legalgrind.com/"><img class="alignright size-medium wp-image-623" title="Legal Grind Logo" src="http://inthesharktank.com/wp-content/uploads/2010/01/coffee-counsel-3-300x216.jpg" alt="Legal Grind Logo" width="239" height="172" /></a>The sharks questioned the legality of the business (waitress giving legal advice), and the scalability, it would be hard to find another set of Jeff and Annie’s out there. The couple then surprised the sharks by saying that they had over 100 franchising requests. Daymon recommended that they take a down payment from a certain amount of the franchisors and they would have all the money they need it, in order to build a business into a franchise.</p>
<p>In the end the sharks were not able to invest in the business, and Jeff and Annie walked away without an investment.</p>
<p>If you are enjoying this season of Shark Tank please take a second to <a href="http://abc.go.com/site/contact-us">send ABC a message here</a>, and ask for a second season of Shark Tank.<br />
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		<title>Episode 14 Preview</title>
		<link>http://inthesharktank.com/2010/01/episode-14-preview/</link>
		<comments>http://inthesharktank.com/2010/01/episode-14-preview/#comments</comments>
		<pubDate>Wed, 27 Jan 2010 06:46:07 +0000</pubDate>
		<dc:creator>Brenden</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Caffeindicator]]></category>
		<category><![CDATA[Captain Ice Cream]]></category>
		<category><![CDATA[Legal Grind]]></category>
		<category><![CDATA[LipStix Remix]]></category>
		<category><![CDATA[Preview]]></category>

		<guid isPermaLink="false">http://inthesharktank.com/?p=604</guid>
		<description><![CDATA[Shark Tank Episode 14 featuring: Legal Grind, Lipstix Remix, Captain Ice Cream, Tim Gavern, Jeff Hughes, Jill Quillin, Caffeindicator]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-607" title="Lipstix remix" src="http://inthesharktank.com/wp-content/uploads/2010/01/Lipstixremix.jpg" alt="Lipstix remix" width="207" height="163" />This weeks episode of Shark Tank will feature 4 very different businesses. Jill Quillin will pitch her business <a href="http://lipstixremix.com/">LipStix remix</a> which is the at-home system which allows you to recolor, repair, and recover your lipstick by melting it down and creating a whole new lipstick.  On this weeks preview Kevin Harrington says “this could be $100 million idea”.</p>
<p>Jeff Hughes and his wife will pitch their business <a href="http://www.legalgrind.com/">Legal Grind</a> which is a coffee shop which provides low-cost legal services. The coffee is actually free, but its $45 for 20 minutes with a lawyer.</p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="344" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/JVm3uUujZa0&amp;hl=en_US&amp;fs=1&amp;" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="425" height="344" src="http://www.youtube.com/v/JVm3uUujZa0&amp;hl=en_US&amp;fs=1&amp;" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p>I do not have all the facts on this one but Michael will pitch an idea for sugar packets, which are coded with a substance that when exposed to caffeine turns pink. The product helps to determine if the coffee you are drinking is decaf or not.</p>
<p>Edit: <a href="http://www.caffeindicator.com/_flash/upload/Caffeindicator.swf" class="broken_link" >Caffeindicator</a></p>
<p><img class="alignright size-medium wp-image-608" title="Capting Ice Cream" src="http://inthesharktank.com/wp-content/uploads/2010/01/Capting-Ice-Cream-291x300.jpg" alt="Capting Ice Cream" width="199" height="204" />Last Tim Gavern will pitch his business <a href="http://www.captainicecream.com/default.asp" class="broken_link" >Captain Ice Cream</a> to the Sharks.  Tim plans to franchise his fleet of three-wheeled moped ice cream vendors</p>
<p>Make sure you tune on Friday at 9pm on ABC.</p>
<p>“Episode 114” – An entrepreneur from Monrovia, California who wants to bring back the old fashioned ice cream man hopes the Sharks will be swayed by their nostalgia for sweet things of the past and not cream him for his lack of big sales. Things percolate between the Sharks and a husband and wife team from Santa Monica after Kevin O’Leary mocks their poorly executed business pitch about providing legal services at a coffee house. Another coffee-oriented pitch finds a man who has created a way to determine if a cup of Joe does or doesn’t contain caffeine. A housewife from Knoxville, Tennessee hopes her idea on how to recycle lipsticks to create new ones will smack of success. Also, there is an update on how the business venture has been going with the Sharks who partnered with Lisa Lloyd (from Tucson, Arizona) and her Treasure Chest Pets (“Episode 108”), on “Shark Tank,” FRIDAY, JANUARY 22 (9:00-10:00 p.m., ET) on the ABC Television Network.</p>
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		<title>Episode 7 rerun</title>
		<link>http://inthesharktank.com/2010/01/episode-7-rerun/</link>
		<comments>http://inthesharktank.com/2010/01/episode-7-rerun/#comments</comments>
		<pubDate>Sat, 23 Jan 2010 17:22:22 +0000</pubDate>
		<dc:creator>Brenden</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://inthesharktank.com/?p=602</guid>
		<description><![CDATA[Today (Jan 22) at 5 ABC will rerun Shark Tank episode 7 featuring: Grill Charms, The Fun House Project, Boogie Box Fitness, and Soy-Yer Dough. Click here for a full recap of the episode.
]]></description>
			<content:encoded><![CDATA[<p>Today (Jan 22) at 5 ABC will rerun <a href="http://inthesharktank.com/2009/09/shark-tank-episode-7-recap-it-just-keeps-getting-better/">Shark Tank episode 7 </a>featuring: <a title="Grill Charms" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.grillcharms.com');" href="http://www.grillcharms.com/" target="_blank">Grill Charms</a>, The Fun House Project, <a onclick="javascript:pageTracker._trackPageview('/outbound/article/boogieboxfitness.com');" href="http://boogieboxfitness.com/" target="_blank">Boogie Box Fitness</a>, and <a title="Soy-Yer Dought" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.soy-yer.com');" href="http://www.soy-yer.com/" target="_blank">Soy-Yer Dough</a>. <a href="http://inthesharktank.com/2009/09/shark-tank-episode-7-recap-it-just-keeps-getting-better/">Click here</a> for a full recap of the episode.</p>
]]></content:encoded>
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		<title>Hope for Haiti Telethon</title>
		<link>http://inthesharktank.com/2010/01/hope-for-haiti-telethon/</link>
		<comments>http://inthesharktank.com/2010/01/hope-for-haiti-telethon/#comments</comments>
		<pubDate>Thu, 21 Jan 2010 16:46:24 +0000</pubDate>
		<dc:creator>Brenden</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[ABC]]></category>
		<category><![CDATA[Haiti]]></category>

		<guid isPermaLink="false">http://inthesharktank.com/?p=598</guid>
		<description><![CDATA[There will be no Shark Tank this week, instead ABC will air the Hope for Haiti Telethon. This live event will bring together concerts in London, Los Angeles and New York City and live reports from Haiti.
Money raised from the telethon will be spilt evenly between the World Food Programme, UNICEF, the Red Cross, Oxfam, [...]]]></description>
			<content:encoded><![CDATA[<p>There will be no Shark Tank this week, instead ABC will air the Hope for Haiti Telethon. This live event will bring together concerts in London, Los Angeles and New York City and live reports from Haiti.</p>
<p>Money raised from the telethon will be spilt evenly between the World Food Programme, UNICEF, the Red Cross, Oxfam, the Yele Haiti Foundation, the Partners in Health and the Clinton Bush Haiti Fund.</p>
<p>ABC will not be the only network airing the telethon, it has been reported that this commercial free telethon may be the most widely broadcast telethon ever, airing on more than 25 networks around the world.</p>
<p>So please do your part and donate today!</p>
]]></content:encoded>
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		<title>Shark Tank Episode 13 Recap</title>
		<link>http://inthesharktank.com/2010/01/shark-tank-episode-13-recap/</link>
		<comments>http://inthesharktank.com/2010/01/shark-tank-episode-13-recap/#comments</comments>
		<pubDate>Sat, 16 Jan 2010 08:34:50 +0000</pubDate>
		<dc:creator>Brenden</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Grease Monkey Wipes]]></category>
		<category><![CDATA[PODillow]]></category>
		<category><![CDATA[Recap]]></category>
		<category><![CDATA[The Factionist]]></category>
		<category><![CDATA[Wee Can Shop]]></category>

		<guid isPermaLink="false">http://inthesharktank.com/?p=585</guid>
		<description><![CDATA[Shark Tank Episode 13 Recap: Wee Can Shop, The Factionist, PODillow and Grease Monkey Wipes]]></description>
			<content:encoded><![CDATA[<p><a href="http://shop.thefactionist.com/" class="broken_link" ><img class="alignleft size-full wp-image-590" title="301" src="http://inthesharktank.com/wp-content/uploads/2010/01/301.jpg" alt="301" width="250" height="250" /></a>First into the Shark Tank was Nate Berkopec and his company <a href="http://shop.thefactionist.com/" class="broken_link" >The Factionist</a>. Nate is a 19 year old NYU business student who started his business in High School. The Factionist is an environmentally friendly and ethically responsible T-Shirt company. In the last year Nate has sold $3,000 worth of T-Shirts, he was looking for $30,000 for 20% of his company.</p>
<p>Fashion guru Daymond wanted to know what was unique about his business? And how he intended to compete with everyone else with a screen printer? Nate said he planed to get people from developing nations to design the T-Shirts and to pay them a decent wage, along with making the shirts out of bamboo. The Sharks argued that there is nothing preparatory that would keep someone form copying him, and that he didn’t have a strong brand. The Sharks were all out and Nate walked away with out a deal… or so we thought, it was revealed that Barbara contacted him after the show and offered Nate a job, Nate accepted the offer.</p>
<p><a href="http://www.podillow.com/"><img class="alignright size-medium wp-image-591" title="Podillow" src="http://inthesharktank.com/wp-content/uploads/2010/01/ElCajonMediaIMG_3958-300x200.jpg" alt="Podillow" width="234" height="156" /></a>Next up was Anthony Calvert and Tina Calvert pitch their business <a href="http://www.podillow.com/">PODillow</a>. PODillow is a tanning pillow with a secret compartment for your valuables. They were looking for $250,000 for 33% of their business. Anthony a veteran San Diego SWAT team was injured, and while he was off work recuperating from his injury he came up with the idea for the PODillow. In their spare time it sold 6000 units in the last two years, at a price of $29.95 and the manufacturing cost around seven dollars. Most of their sales was through mail-order catalogs, they currently have orders from the catalogs that they are not able to fill, their looking for help from the sharks in order to fill those orders and also get the business knowledge from the sharks to grow their business.</p>
<p><a href="http://www.podillow.com/"><img class="alignleft size-medium wp-image-595" title="Podillow" src="http://inthesharktank.com/wp-content/uploads/2010/01/ElCajonMediaIMG_3951-300x200.jpg" alt="Podillow" width="192" height="128" /></a>PODillow is a cute little product, perfect for the mail-order market, the only issue with their pitch is a common mistake that many entrepreneurs on shark tank make. They value their business way too high, basing their value on future profits and not current profits. Damon Navin said he wanted to invest in would’ve been able to make them a lot of money but because they asked for way too much money in the business of almost $750,000 he was not able to invest. Anthony and Tina walked away with no deal.</p>
<p>Third to try to swim with the Sharks is brother and sister team Kimberly and Matthew Foley and their business <a href="http://www.weecanshop.com/">Wee Can Shop</a>. Wee Can Shop is a were gift shop designed for children so they can shop for their loved ones. They been in business for 3 ½ years and their sales have grown by 100% each year, to $13,000 in income last year. 100% can be a misnomer, as sales going from $1-$2 is 100% growth.</p>
<p>Their goal for the business was to franchise and open up a second location in a more high profile location.  Although the sharks believed the business had failed, Kimberly and Matthew believe that there is still opportunity for their business to grow. They do not get a deal.</p>
<p><a href="http://www.greasemonkeywipes.com/"><img class="alignleft size-medium wp-image-594" title="Grease Monkey Wipes Logo" src="http://inthesharktank.com/wp-content/uploads/2010/01/Grease-Monkey-Wipes-Logo1-298x300.jpg" alt="Grease Monkey Wipes Logo" width="240" height="242" /></a>Last to pitch to the sharks was Tim Stansbury and Erin Whalen of <a href="http://www.greasemonkeywipes.com/">Grease Monkey Wipes</a>.  They were looking for $14,000 for 40% equity in the business. Grease Monkey Wipes is a portable, individually packaged wet wipe, made with non-chemical all natural cleaning ingredients. The weights will easily clean your hands and removed most grease and grime quickly. They did not have a patent because when you file a patent you have to give away your formula, which allows their competitors to copy their formula.  The wipes are sold for one dollar apiece and they sold 7400 this year, and shops had already started to reorder.</p>
<p>Robert is a huge gearhead, so this business was right up his alley.  Erin pleaded with Robert saying repeatedly “I promise we will make this work”. Both Robert and Barbara were impressed with Tim and Erin’s as entrepreneurs, Robert and Barbara accepted the deal.</p>
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		<item>
		<title>Episode 13 Preview</title>
		<link>http://inthesharktank.com/2010/01/episode-13-preview/</link>
		<comments>http://inthesharktank.com/2010/01/episode-13-preview/#comments</comments>
		<pubDate>Thu, 14 Jan 2010 18:22:57 +0000</pubDate>
		<dc:creator>Brenden</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Grease Monkey Wipes]]></category>
		<category><![CDATA[PODillow]]></category>
		<category><![CDATA[Preview]]></category>
		<category><![CDATA[The Factionist]]></category>
		<category><![CDATA[Wee Can Shop]]></category>

		<guid isPermaLink="false">http://inthesharktank.com/?p=566</guid>
		<description><![CDATA[First into the tank is Tim Stansbury and Erin Whalen of Grease Monkey Wipes. Both avid cyclists they developed an individually packaged cleaning wipe that use an all-natural, citrus formula to handle heavy duty cleaning. Their best bet for a deal might be to go after Robert Herjavec, who is a huge gear head.





Next we [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://greasemonkeywipes.com/"><img class="alignright size-full wp-image-570" title="GMW3" src="http://inthesharktank.com/wp-content/uploads/2010/01/GMW3.jpg" alt="GMW3" width="194" height="129" /></a>First into the tank is Tim Stansbury and Erin Whalen of <a href="http://www.greasemonkeywipes.com/">Grease Monkey Wipes</a>. Both avid cyclists they developed an individually packaged cleaning wipe that use an all-natural, citrus formula to handle heavy duty cleaning. Their best bet for a deal might be to go after Robert Herjavec, who is a huge gear head.<br />
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<p><script type="text/javascript"><!--
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<p><a href="http://shop.thefactionist.com/" class="broken_link" ><img class="alignleft size-full wp-image-571" title="The Factionist" src="http://inthesharktank.com/wp-content/uploads/2010/01/300.jpg" alt="The Factionist" width="150" height="150" /></a>Next we have Nate Berkopec and his company <a href="http://shop.thefactionist.com/" class="broken_link" >The Factionist</a>. Nate is a NYU Student who’s company sells environmentally friendly T-Shirts with a good message on each.</p>
<p>Kimberly Foley and her business <a href="http://www.weecanshop.com/">Wee Can Shop</a>. Kimberlys store is set up for the child shopper, offering unique gifts for children to buy for their loved ones.</p>
<p><a href="http://www.podillow.com/"><img class="alignright size-medium wp-image-578" title="podillow" src="http://inthesharktank.com/wp-content/uploads/2010/01/podillow-400x400-300x300.jpg" alt="podillow" width="210" height="210" /></a>Anthony Calvert and Tina Calvert pitch their business <a href="http://www.podillow.com/">PODillow</a>, which is a sun tanning pillow with storage spaces for your valuables.</p>
<p>&#8220;Episode 113&#8243; &#8211; Two bicyclists from Austin, Texas hope their idea for a portable hand de-greasing product won&#8217;t slip by the Sharks; a veteran police officer from the San Diego S.W.A.T. team brings a product that is smart, but less than manly; and the Sharks give a business lesson to an enthusiastic college student from NYU who is passionate about his environmentally friendly and socially aware clothing line. Also, the Sharks unintentionally bring to tears a New Jersey woman who designed a shopping experience for children. And a suspenseful moment occurs when Barbara Corcoran and Kevin Harrington find out if the eccentric, life-long entrepreneur, Cactus Jack (&#8221;Episode 105&#8243;), lost at least 35 pounds (the Sharks had challenged him to lose the weight before they would seal their business deal with him and his fitness invention, the Body Jac), on &#8220;Shark Tank,&#8221; FRIDAY, JANUARY 15 (9:00-10:00 p.m., ET) on the ABC Television Network.<br />
</p>
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