Part of the great success that is ABC’s Shark Tank can be attributed to the fact that the show literally gives people a shot at the American dream on camera. For anyone who hasn’t seen the show, entrepreneurs come on to pitch to five “sharks” (business experts), seeking an investment in their company. Some of the notable sharks include Dallas Mavericks owner Mark Cuban, and Canadian PM candidate Kevin O’Leary.
One of the most memorable pitches involved Johnny Georges, a farmer.
At the start, he presents his product by explaining his passion for improving the lives of farmers. The Sharks, while moved by his presentation, let their decisions be made based on the numbers, not their emotions. A number of them push back. A couple of their responses (like Kevin O’Leary’s harsh comments) cut him down and highlighted his lack of business expertise.
They are shocked he hasn’t raised the price of his product and expanded into other markets.
Hear his stunning explanation why – and the amazing moment that happened next:
Wouldn’t the world be a better place if every entrepreneur was like this? Share this on Facebook and Twitter!