Basically what happened is she had no clue about business at all, she had invented a useful product and because 35k is nothing for Kevin, he decided to gamble with it. Considering the typical cost to invent a new product that can reach mass market and his huge marketing abilities, this is a great deal for him. It's a great deal for her too, because there is no way she can run a business and make a profit.
after the fubu guy came in she isnt even thinking over the offers. shes someone who suffers from the disorder called "stress" only stupid people get stressed out
internet lady, heard of it? statistics, facts come on. and my brother (26) who is an electriconics engineer and 60% of his friends/old classmates would offer to build this product for you for a low cost. Make some phone calls im sure there is someone who would help her
She has no justification for her product but she is an inventor... The sharks manage to see the potential of the product (I guess mainly is to hold the patent which she have no idea too).. but in the end she's very lucky. Ideas normally don't sell if it's not on papers... the product will have a short life cycle anyway.. someone will come out with rechargeable batteries... someone will come out with digital reader.. someone will get tired and return to original product (manual). This is FAD.
@sambeatch lol she has no product, she doesnt know anything about the market, she essentially has an idea that can be stolen by anyone how is it bad? go to school son
I hate it because it's not really a big problem. The hand operated tools work fine, I hate it when people introduce stuff that use batteries. It's ok if it were really a big issue.
@doodelay well it was just an idea. She would have to design manufacture her product. Then patent it. then find a major manufacturer, distributer. then advertise. this would cost her hundreds of thousands and years to get to market doing it her self. Industry standard is about 4% but if its patented about 7%. So yes 2% is low if she had a working prototype. But 2% of royalties for the rest of your life isnt bad. To have an idea and let kevin do all the work and she sit back and do nothing.
@Therippleaffect great part is, it usually costs a lot to make things without a design that worked. Sometimes i costs hundreds of thousands of dollars. So i'd go with the T.V. Salesman. and not the FuBu dude only b/c he's paying for all of it.
@Therippleaffect i diffenently agree with you on that one. It would take years for her to make that much money to market and manufacturer alll those products. It will be best for her to to give the company up and recieve her royalties
This is crazy, she has no sales, no prototype and no research in her market and yet she still manages to get a deal. Very unpredictable sometimes.
CoolsBreeze 1 week ago
Basically what happened is she had no clue about business at all, she had invented a useful product and because 35k is nothing for Kevin, he decided to gamble with it. Considering the typical cost to invent a new product that can reach mass market and his huge marketing abilities, this is a great deal for him. It's a great deal for her too, because there is no way she can run a business and make a profit.
poker4wealth 2 weeks ago
Wow, the sharks are soooo much nicer then the dragons, can't believe she got a deal without knowing anything about her future business
flower70642 3 weeks ago
Was I the only one who thought it said "The TurboBater"?
nickmooreimages 3 weeks ago
after the fubu guy came in she isnt even thinking over the offers. shes someone who suffers from the disorder called "stress" only stupid people get stressed out
TheForsberg2009 1 month ago
internet lady, heard of it? statistics, facts come on. and my brother (26) who is an electriconics engineer and 60% of his friends/old classmates would offer to build this product for you for a low cost. Make some phone calls im sure there is someone who would help her
TheForsberg2009 1 month ago
@TheForsberg2009 come prepared its not hard
TheForsberg2009 1 month ago
she's a business genius
blastsummit 1 month ago
She was probably too stupid to even trademark the name, should have just told the bitch to leave and then bought it himself.
NOHHissue 1 month ago
she seems a little airheadish...
sahnie82 1 month ago
the intro is so long... argh.
sahnie82 1 month ago
She should of negotiated a higher percent of royalties. They are sharks eating her alive for the lack of information.
runhorun 1 month ago
She has no justification for her product but she is an inventor... The sharks manage to see the potential of the product (I guess mainly is to hold the patent which she have no idea too).. but in the end she's very lucky. Ideas normally don't sell if it's not on papers... the product will have a short life cycle anyway.. someone will come out with rechargeable batteries... someone will come out with digital reader.. someone will get tired and return to original product (manual). This is FAD.
fuhrer666 1 month ago
LOL she accepted a way worse offer ahahaa
DiiRTyJVIagiC 1 month ago
Starts at 2:57
surfexp 2 months ago 11
I'm not certain she believes she made the right decision.
asphernz 3 weeks ago
Although she will make money. She would have made more money with daymonds deal, making her a partner with a product line.
etaylor38 3 months ago
all she gets is 2% royalties thats horrible. so stupid
sambeatch 3 months ago
@sambeatch lol she has no product, she doesnt know anything about the market, she essentially has an idea that can be stolen by anyone how is it bad? go to school son
skillz1992 1 month ago
I'll invest in it just because she used "Newbee"
a1hocker 4 months ago
i hope this stupid product never takes off
aryaan77 4 months ago
@aryaan77 y u hatin ?
lamoureuxmaxim 3 months ago
@lamoureuxmaxim
I hate it because it's not really a big problem. The hand operated tools work fine, I hate it when people introduce stuff that use batteries. It's ok if it were really a big issue.
aryaan77 3 months ago
what the hell.. forget the sales, she doesnt even have the product made yet still she ended up getting two dragons. wtf?
khanyasser 4 months ago 7
@khanyasser What can I say, if I had boobs and cheeks I could get 35,000 dollars too.
NateSean 3 months ago
Kevin O lery I love you if you where poor you would probably selling drugs to skool kids
lokalllize 4 months ago
wish there was a Chinese guy
lokalllize 4 months ago
oh my god that is how all middle aged women should be
let that be a lesson to all you middle aged women
Lampheader 5 months ago
that woman is hot!
AndyinMTL 6 months ago
Aloha from Hawaii! Awesome channel! May I share my video of Kevin Harrington's new project. Please check out my channel.
Mahalo, Israel Francisco and family
Kevin Harrington endorses 1000aWeekForLifeTopTeam
1000aWeekTopTeam 7 months ago
@1000aWeekTopTeam
Greatest oppitunity ever, signed up as soon as I saw it
mrsshawlee54 6 months ago
damn Daymond O_o
who would you all have gone with?
i'm not sure how to calculate royalties. 2% seems pretty damn low >_>
doodelay 9 months ago
@doodelay well it was just an idea. She would have to design manufacture her product. Then patent it. then find a major manufacturer, distributer. then advertise. this would cost her hundreds of thousands and years to get to market doing it her self. Industry standard is about 4% but if its patented about 7%. So yes 2% is low if she had a working prototype. But 2% of royalties for the rest of your life isnt bad. To have an idea and let kevin do all the work and she sit back and do nothing.
Therippleaffect 7 months ago
@Therippleaffect great part is, it usually costs a lot to make things without a design that worked. Sometimes i costs hundreds of thousands of dollars. So i'd go with the T.V. Salesman. and not the FuBu dude only b/c he's paying for all of it.
rutank 7 months ago
@Therippleaffect i diffenently agree with you on that one. It would take years for her to make that much money to market and manufacturer alll those products. It will be best for her to to give the company up and recieve her royalties
TheSchola3000 7 months ago
wow.. no sales no real product.. no business knowledge.. just an idea and got a deal.. wow
huyiy 9 months ago
@huyiy bad idea at that...
i call it the sarah palin effect...
RadioactiveBraunMan 6 months ago
That lady wouldn't have known what to do with 50k.
eye1em 9 months ago
Kevin shoulda proded her
brknspacebar 9 months ago