If 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.
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.