• All new members please introduce your self here and welcome to the board:
    http://www.professionalmuscle.com/forums/showthread.php?t=259
Buy Needles And Syringes With No Prescription
M4B Store Banner
intex
Riptropin Store banner
Generation X Bodybuilding Forum
Buy Needles And Syringes With No Prescription
Buy Needles And Syringes With No Prescription
Mysupps Store Banner
IP Gear Store Banner
PM-Ace-Labs
Ganabol Store Banner
Spend $100 and get bonus needles free at sterile syringes
Professional Muscle Store open now
sunrise2
PHARMAHGH1
kinglab
ganabol2
Professional Muscle Store open now
over 5000 supplements on sale at professional muscle store
azteca
granabolic1
napsgear-210x65
advertise1
over 5000 supplements on sale at professional muscle store
over 5000 supplements on sale at professional muscle store
ashp210
UGFREAK-banner-PM
esquel
YMSGIF210x65-Banner
over 5000 supplements on sale at professional muscle store
over 5000 supplements on sale at professional muscle store
over 5000 supplements on sale at professional muscle store
over 5000 supplements on sale at professional muscle store
over 5000 supplements on sale at professional muscle store
over 5000 supplements on sale at professional muscle store
over 5000 supplements on sale at professional muscle store

Shark Tank

Unfortunately it's not actually "free advertising." Just by going onto the show you give up 5% equity of your business to the producers. Still a great show though and probably worth more than the 5% for most companies.

That was true before but no more.

NONE of the companies have to give up any of their business like this. And the ones who did no longer have to.

Reason is that was part of Marc Cuban's demands for coming back this season.

Think about it if they don't have to give that 5% up to the producers then they have just that much more to give to the sharks. :)

http://www.inc.com/will-yakowicz/mark-cuban-forces-shark-tank-to-remove-equity-clause.html

A couple of my friends have been on the show.

The biggest success is the guy who had the Scrub Daddy. They did 16 million in sales last year.

**broken link removed**
 
I read that Cuban made them not only get rid of the 5% thing, but also made them basically back-date it to even the first season. So even previous entrepreneurs are released from any 5% requirement from going on the show, even though I also read that the show never actually pursued the 5% from anyone.
 
we actually buy from one of the companies that was on the show. they had a really great product for general gym members and training classes. it iwas surfboard style training. its a fun way to workout. very very hard. exceptional core stability, balance, and odd-muscle work. you will be sore in places you didnt know you had muscles. plus, the class is only about 25 minutes and we can get $15 a head so it is a nice profit center.

HOWEVER, the company is next to IMPOSSIBLE to deal with. They are perpetually bitter and I guess they gave up such a huge percentage of the business that they are unwilling to work with gyms and dealers to get their product into the mainstream. I have clients all over North America that I could have put their product into as a dealer but they supposedly have such low margins that they refuse to discount the units. Our industry is a minimum 20%-30% discount industry.

Plus they keep NO PARTS inventory on hand. They have to order warranty replacement parts. BIG BIG BIG problem. You should always have a minimum 5-7% inventory value of parts on hand for a new product so you can take care of customers immediately and develop strong relations.
 

Staff online

  • LATS
    Moderator / FOUNDING Member / NPC Judge

Forum statistics

Total page views
558,037,266
Threads
135,756
Messages
2,768,599
Members
160,341
Latest member
Sickxlost
NapsGear
HGH Power Store email banner
your-raws
Prowrist straps store banner
infinity
FLASHING-BOTTOM-BANNER-210x131
raws
Savage Labs Store email
Syntherol Site Enhancing Oil Synthol
aqpharma
yourmuscleshop210x131
hulabs
ezgif-com-resize-2-1
MA Research Chem store banner
MA Supps Store Banner
volartek
Keytech banner
musclechem
Godbullraw-bottom-banner
Injection Instructions for beginners
Knight Labs store email banner
3
ashp131
YMS-210x131-V02
Back
Top