Shark Tank Recap S2E6 – Would you sell your idea for a carton of beer?
After flicking through a few channels last night, I finally settled on Shark Tank, the show where inspiring and creative individuals pitch their ideas and concepts to a panel of wealthy investors, with the intention of making a deal to expand or launch their new businesses.
The “sharks” are Janine Allis (founder of Boost Juice), Steve Baxter (internet tycoon), Andrew Banks (film producer and recruitment founder), Naomi Simson (Red Balloon founder) and Dr Glen Richards (founder of GreenCross Vets).
The first to walk into the shark tank this weeks is Bernie, creator of a hoodie/legionnaire’s-style piece of fabric he calls a Cap Hat. Bernie believes that his invention can give the wearer complete protection from the sun as it covers the wearer’s ears and neck. He wants his Cap Hat to disrupt melanoma skin cancer statistics worldwide.
Bernie goes on to explain that his invention was awarded the Best New Clothing Accessory at the Australian Fishing Trade Awards and has already received a Seal of Approval from the Melanoma International Foundation. He has already sold over 1,800 cap hats in Australian and overseas.
There is also a Cap Hat Hoodie version, which incorporates his invention with a standard hooded jacket.
The Sharks have mixed feelings about this one, but Steve and Andrew offer Bernie a cash injection to help launch his business in major retailers. Naomi offers to connect him with two retail giants to help get the ball rolling.
As is typical of this sort of television, a simple question is asked. The cameras cut to a pensive looking Bernie ‘contemplating his options’, which is really just footage taken from earlier in the piece while he was politely listening to the Sharks discuss his idea. But it has to be edited dramatically so here we are. The music swells and we cut to a commercial break.
When we come back from the break, we have to recap everything that happened in the two minutes before the break. More pensive dramatic music. More carefully edited close ups of slightly confused looking people. Then FINALLY, a full 10 minutes after the simple question was asked, we have our answer.
Bernie wisely chooses to discuss the offer with his wife as he subscribes to the “happy wife = happy life” philosophy. Bernie is a smart man.
Happily, his wife is overjoyed with Steve and Andrew’s offer and they accept. Finally, we have our answer. So keep an eye out for the Cap Hat this summer!
Later in the show, we are introduced to Fred. Fred works for the council as a lollipop man and wishes he could sit under a tree instead of stand on the road controlling traffic all day. Fred has invented a traffic control system operated by a council worker sitting on an esky under a tree with a remote control.
He is asking for someone to launch his product for him. In return he’d like a carton of beer.
This is some heavy duty business negotiation right here. Fred must be some sort of entrepreneurial genius.
The Sharks generously agree to his terms and offer to make some calls on his behalf. But in a surprise twist, the EACH offer him a carton of beer. FIVE CARTONS!
Fred is pleased and accepts his deal.
Good onya Fred.
Until next time!
All images courtesy of Channel Ten.