Her Times
By Pam Parker Erie Times-News staff blogger
Pam Parker's blog takes on everything from women's fun to momisms to lifestyles around Lake Erie and real estate. She'll take you down Memory Lane, up through sports and fun and off the grid. Get ready for laughs — it's more than just Pam. It's Pamdemonium.   Read more about this blog.
 Phone: 814-870-1821
Posts tagged ‘shark tank’
Posted: April 15th, 2014

SharktankIf you need an idea on how to make a presentation, you can learn it all in an episode of Shark Tank.  Big tip: Know your numbers and your competition. And know the questions — it’s always the same. In essence, be prepared — tell the kids.

In a Forbes interview, one of the best deals Barbara Corcoran says she made  on Shark Tank was Daisy Cakes out of Pauline, S.C. Here’s a link to the Forbes article.

I watched that episode, and what was impressive was that Kim Adams Nelson, now 51, and owner of Daisy Cakes since 2009, truly had a homemade family operation. It’s now a very successful business. Even more impressive is that the company tried to use a commercial kitchen to prepare its cakes after her appearance on Shark Tank. The quality suffered, and the entire operation moved right back home to Pauline, S.C.  Read a 2013 interview with Nelson on Huffington Post here.

Another of Cororoan’s huge successes that I loved was Ava the elephant, a talking medicine dispenser. Inventor Tiffany Krumins, a cancer survivor, went on to develop thermometer stickers. Krumins was voted among the top 50 Mompreneurs of 2011 by Babble.com. She has been featured on Entreprenuer.com along with Bank of America and many other sites. The product is now in thousands of stores throughout the country.

Even the entrepreneurs who failed often end up as successes because of the exposure they receive on Shark Tank. Great ideas abound out there, and you’ll see some of them on Shark Tank.  To read the most recent article on Shark Tank, visit Parade.com.

Pam Parker has written about real estate and home decor in the tri-state region for more than 20 years. She is the editor of Lake Erie LifeStyle, Her Times and House to Home at the Erie Times-News in Erie, Pa. She is the mom of three, stepmom to three and step-grandmom to one.  

Posted in: Uncategorized
Posted: February 11th, 2013

ava moreAva the elephant  is genius — plain and simple. The brainchild of Tiffany Krumins is a talking medicine dispenser, and she got some help from my favorite show, Shark Tank. Barbara Corcoran gave her a $50,000 investment, and Krumins went on to develop thermometer stickers. I think of the things I did to get my kids to take medicine and get their temps.

At age 30 and with a 2-year-old daughter, Krumins was a nanny to a special needs child when she came up with the idea. Now, she is a thyroid cancer survivor and was voted among the top 50 Mompreneurs of 2011 by Babble.com and has been featured on Entreprenuer.com along with Bank of America  and many other sites.

The product is now in thousands of stores throughout the country.

Pam Parker has written about real estate and home decor in the tri-state region for more than 20 years. She is the editor of Lake Erie LifeStyle, Her Times and House to Home at the Erie Times-News in Erie, Pa. She is the mom of three, stepmom to three and step-grandmom to one.  

Posted in: Uncategorized
Posted: October 19th, 2012

Shark Tank, on ABC-TV, gets my interest every week — in between high school football games! And when fashionistas get the sharks to bite, you gotta love it.

A mom, Aly Lessor, launched Cozy Bug a children’s clothing line inspired by her adorable daughter and some Southern idealism. She developed pillowcase dresses that grow with kids, and they are cute as can be. The dresses are tied over the shoulders with colorful ribbons. As the kids grow, the dresses become tops that they wear over shorts or leggings. Of course they have matching hair bows. In a funny moment, Kevin O’Leary forbid Lessor from selling the dresses without a hair bow.

Lessor said each dress costs about $6 to produce, and she sells them for $19.99 and up. She sold more than $300,000 worth of dresses online, and started a dancewear line called “Dance Bug.”

The sharks fought over this one, but Aly took a $50,000 deal and  30 percent stake in the company from Daymond John, founder of FUBU.

Pam Parker is the editor of Lake Erie LifeStyleHer Times and House to Home at the Erie Times-News in Erie, Pa.

Posted in: Uncategorized
Posted: October 16th, 2012

Who doesn’t worry about bed bugs when they travel?  The idea creeps me out every time I pack a bag.

ABC-TV Shark Tank set a record in its first episode this fall when all five sharks dove in  to invest in BuggyBeds, a bed bug detection system that entrepreneurs Maria Curcio and Veronica Perlongo’s  invented. The two women asked the Sharks for a $125,000 investment and offered 7 percent ownership of the company. Buggy Beds detects, attracts and traps bed bugs.

The founders trademarked the company name, logo and have patents in multiple countries. At a production cost of $1.35 each, the company had $150,000 in sales when it aired. The sharks bit on this big time and sniped at one another, but it ended happily with all of the sharks offering $250,000 for 25 percent ownership of the company. Barbara Corcoran, Mark Cuban, Kevin O’Leary, Daymond John, and Robert Herjavec are the sharks.

BuggyBeds includes monitors with a non-toxic, pesticide free formula that lure bedbugs and other bugs into a trap for detection. The company suggests putting the traps at all four corners of a mattress or box spring. The trap lasts for up to six months. A four pack is on sale on the website for $11.99 — normal retail is $19.99. The units are available on the BuggyBeds website.

Pam Parker is the editor of Lake Erie LifeStyleHer Times and House to Home at the Erie Times-News in Erie, Pa.

Posted in: Uncategorized
Posted: March 10th, 2012

According to reports on the Today Show, Huffington Post and the New York Times, cavities are up in kids ages 2 to 5 — something we haven’t seen in 40 years. I think only one of my kids has any fillings, but we had some trouble with cavities when he was a tot.

This unsavory trend is hitting all income levels, and this is horrible news. Experts say we are avoiding tap water (which has fluoride in it) in favor of bottled water and juices. And get this — tots are drinking too much soda. Also, toddlers are not spending enough time with the toothbrush. The horror of all of this is that bad teeth gives kids painful mouths and that means a need for professional help. Kids this young have to be sedated, given anti-anxiety meds or even placed under general anesthesia for expensive dental work to take place. Anesthesia and meds result in a lot of side effects.

To flip this trend, experts recommend better dental hygiene and stop the snacks and sweet drinks. Put some teeth in your tooth-brushing battles with the kids. Sometimes kids, like my son, have trouble with cavities even if they do everything right. And that makes dental hygiene all the more important. My little ankle-biter was using an electric toothbrush and flossing before he rode a bike. Yours can too. Here’s a link to a lot of videos that teach parents and kids how to clean teeth. Here’s a link to some books — including pop-ups — to help persuade kids to brush teeth. My fave is “Clarabella’s Teeth,” but “Ginger McFlea Will Not Clean Her Teeth” puts some real bite in this topic — it’s a must read if your kids are old enough to appreciate the tooth fairy concept of high finance.  Money is a big incentive for some kids. Like Kevin O’Leary says on “Shark Tank,” — it’s all about the money.

 

Posted in: Uncategorized
Posted: February 18th, 2012

On the Feb. 17 episode of Shark Tank, Maddie Bradshaw, of Dallas, told the story of how she turned bottle caps into magnets,and then founded a necklace business, and wrote a book.

Maddie was 10 when she started.

Now at 16, with the support of her mom and younger sister,  Margot, 12, the family has a multi-million-dollar business called M3 Girl DesignsQVC’Lori Greineris one of the sharks, so I bet we’ll see M3 Girl Designs on QVC soon.

The ladies got three out of five sharks to invest in their company. Watch the episode here. Another fascinating segment had sharks investing in Talbott teas, an Oprah Winfrey favorite thing, that was acquired by Jamba Feb 17 — announced right after the Shark Tank episode aired. Watch it here. Great stuff on this show.

Posted in: Uncategorized
Posted: February 12th, 2012

On the most recent episode of Shark Tank, an entrepreneur was shopping for investors for her Puppy Cakes, a cake mix formulated specifically for dogs. No one bit on it, but my husband and I thought it was extremely clever. And at $6.99 for a peanut butter, carob or banana cake mix. Who wouldn’t bite on that?

You can buy the mix at these retailers, but none are around Erie or at puppycake.com. I still think it’s a great idea, and even though the company didn’t get an investment from the sharks, it’s still offering a Shark Tank discount of 3 boxes for $20. Nearly 1,600 boxes have been purchased since it appeared on Shark Tank, two days ago. Now, there’s some news worth barking about.

Posted in: Uncategorized
Posted: January 17th, 2012

If you own a small business, you must tune into Shark Tank on Friday night. Even if you don’t. It’s smart, snarky and teaches me something every time I watch.

The Sharks are a group of billionaires. They decide if entrepreneurs have a business plan worth their investments. The fun part is when the Sharks fight amongst themselves to finance a business and get part ownership of the company. The other fun part is hearing the clever pitches and great ideas out there. Butchers, bakers, candlestick makers, stay-at-home parents, entire families and inventors are among the business owners who went from small businesses to major successful companies. We see the pitching entrepreneurs turned successful companies in some of the episodes.

The Sharks include: Mark Cuban,  owner of the Dallas Mavericks, Real estate investor Barbara Corcoran, investor Robert Herjavec, FUBU CEO Daymond John and financier Kevin O’Leary.

The inspiring stuff of this show is that everyday folks like you and me can pitch a business idea. Wait till you see some of these ideas. The show teaches you how to pull together a successful business plan and answer the tough questions Sharks can ask. “Shark Tank” begins its third season Friday at 8 p.m. on ABC. I’ll be watching.

 

 

 

 

Posted in: Uncategorized