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☆ College dropout started a side hustle with $200 from his mom—his business could bring in $4 million this year
▼ + stars: | 2024-11-05 | by ( Natalie Wu | ) www.cnbc.com time to read: +3 min

When Kobe Harris started his lip balm company on his bedroom floor in 2019, he wasn't necessarily looking to immediately drop out of college. Then, he sold $15,000 worth of lip balm in one day, and decided to take the leap, Harris said on Friday's episode of ABC's "Shark Tank." He asked his mom for $200 to purchase some ingredients on Amazon, and used them to experiment with lip balm formulas on his bedroom floor at home while working a summer lifeguarding job, he added. It's the advice Harris' mom, a multi-time business owner, gave him when he told her he wanted to drop out of college to make lip balm, he said. Sign up for CNBC's online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories.

Persons: Kobe Harris, Harris, salve, Harris didn't, Kendra Scott, Lori Grenier, Daymond John, Mark Cuban, Kevin O'Leary, O'Leary Organizations: Loyola University Chicago, CNBC Locations: Las Vegas, Kobee

☆ Want to Understand America? Watch ‘Shark Tank.’
▼ + stars: | 2024-10-17 | by ( Jordyn Holman | ) www.nytimes.com time to read: +19 min

“Shark Tank” Over the Years Season 1 (2009-10) The show premiered against the backdrop of the Great Recession. “‘Shark Tank’ is not a game show,” said Kevin O’Leary, a cutthroat investor known sarcastically in the tank as Mr. “Shark Tank” debuted less than a year after the subprime mortgage crisis devastated the global economy. But those kinds of companies are rarely reflected on “Shark Tank” for one simple reason: They don’t make for good TV. “The buyer gave us a shot at Target because of the ‘Shark Tank’ appearance.”“We turn you into a rock star and you become part of the ‘Shark Tank’ culture and the lore of ‘Shark Tank’,” said Mr. O’Leary.

Persons: Tod Wilson, Mark Cuban, Shark Lori Greiner, ”, Kevin O’Leary, Barbara Corcoran, Corcoran, Mark Burnett, Lehman Brothers, “, Daymond John, John, ” Mr, Wilson, Ms, Angela Lee, Halle Tecco, Jamie Siminoff, Siminoff, O’Leary, Siminoff “, Mr, Robert Herjavec, Burnett, Herjavec, TJ Maxx, Lori Greiner, Greiner, Michael Jones, Taryn Jones Laeben, ” Tod Wilson, Lee, Sarah Paiji Yoo, Dave Heath, Ann Crady Weiss, Hatch, Weiss Organizations: ABC, Sharks, QVC, Amazon, Bombas, Corcoran Group, “ Tigers, “, Twitter, Marketplace, Valley . Producers, Las, Columbia Business School, Halle, Four, Smart Tire Company, TJ, Tank, Tank Venture, Science Inc, Forbes, IRL Ventures, Educators, Blueland Locations: Angeles, Valley, Manhattan, America, Britain, Canada, United States, Houston, Somerset, N.J, Las Vegas, cybersecurity, Target, U.S, Los Angeles, Wegman’s, Minneapolis, Queens

☆ Mark Cuban offered a fellow 'geek' $75,000 on 'Shark Tank': 'I want you to myself'
▼ + stars: | 2024-02-26 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Mark Cuban and Justin Huang have a mutual love for education — and a mutual hate for killing bugs. The two hit it off on Friday's episode of ABC's "Shark Tank," where Huang pitched his product, Cup-a-Bug, to the show's investor judges. A self-proclaimed "bug sympathizer," Huang created the contraption for a simple reason: "I'm just terrified of bugs, even from [childhood]. The investors encouraged him to take a minute to gather his thoughts and keep going, with Cuban yelling, "You're good!" Mark Cuban checking out the Cup-a-Bug on ABC's "Shark Tank."

Persons: Mark Cuban, Justin Huang, —, Huang, We've, Lori Greiner chimed, Cuban, Huang's, Chapman, Daymond John, Mark, Christopher Willard Organizations: University of California, Irvine, LinkedIn, Disney Locations: Irvine , California, Cuban, U.S

During her workshops, she focused on finances and how to secure grant funding for their businesses. I spoke with her about how Black entrepreneurs can set themselves up for financial success in both business and personal finance. In 2023, we saw an increase in the number of grants available for Black entrepreneurs. Lastly, she said, "Create a grant funding budget. Books and podcasts for Black entrepreneursFinally, I asked Bobb what resources Black entrepreneurs should look to for more ideas.

Persons: Renee Bobb, —, Bobb, Rashad Bilal, Troy Millings, Brown, Mandi Woodruff, Tiffany Aliche, Dennis Kimbro, Daymond John Organizations: Service, Bunker Labs, Entrepreneurship, Music, Tennessee Titans, American Express, Black Chamber of Commerce, Business Development Agency Locations: Black

☆ Mark Cuban says he's planning to leave 'Shark Tank' to spend more time with his kids
▼ + stars: | 2023-11-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Mark Cuban says he's leaving "Shark Tank" after more than a decade on the show. As of 2022, Cuban says he invested $29 million in "Shark Tank" businesses, Forbes reports. AdvertisementABC's "Shark Tank" will soon be down a billionaire if Mark Cuban makes good on his plan to leave the show. ABC declined to comment on whether "Shark Tank" will continue if Cuban leaves after season 16. AdvertisementIn 2022, Cuban told Forbes that he'd invested $29 million in at least 85 companies at that point in his time as a "Shark Tank" judge.

Persons: Mark Cuban, —, Cuban, Matt Barnes, Stephen Jackson, Barbara Corcoran, Lori Greiner, Daymond John, Kevin O'Leary, Robert Herjavec, Forbes, he'd Organizations: Forbes, Service, NBA, Hollywood, ABC, Cuban Locations: Cuban

☆ 82-year-old went on 'Shark Tank'—and landed a 5-figure offer: 'You're a star'
▼ + stars: | 2023-11-07 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The 82-year-old co-founder of hunting manufacturer Air Boss Outdoors joined up with his business partner, Keith Lindsey, to pitch a product called the Krapp Strapp on Friday's episode of ABC's "Shark Tank." The Krapp Strapp is a weatherproof strap designed to help hunters, campers and outdoorsmen relieve themselves more comfortably. Cuban gave Legg and Lindsey similar feedback, saying he'd only make them an offer if everyone else's proposals were "nasty." The Krapp Strapp duo accepted, garnering praise from Cuban. "Now, you two [Greiner and John] can say you help people do the deuce outdoors," Legg said, on his way out.

Persons: Bob Legg, Keith Lindsey, It's, Lindsey, Legg, Legg chimed, Mark Cuban's, Robert Herjavec, Kevin O'Leary, Strapp, Herjavec, he'd, Lori Greiner —, Daymond John, Greiner, Bob, Cuban, John, Warren Buffett Organizations: Air, Outdoors, CNBC, Cuban Locations: U.S, Jacksonville , Texas

☆ CEO shares his No. 1 tip for finding a mentor—and the big mistake to avoid on your search
▼ + stars: | 2023-10-20 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

Matt Higgins' "number one" piece of advice for finding a highly successful mentor: Don't ask anyone to mentor you. The "Shark Tank" investor and RSE Ventures CEO doesn't like it when people cold-message him with mentorship requests, he said during Tuesday's CNBC Make It: Your Money virtual event. You could ask Higgins, for example: "I heard on 'Shark Tank' that you struggle with impostor syndrome. Putting ego aside and asking for help isn't embarrassing, Higgins said. Higgins isn't the only "Shark Tank" star to weigh in on the value of mentorship.

Persons: Matt Higgins, Mentorships, Higgins, wasn't, he's, Mark Cuban, I've, John, Barbara Corcoran Organizations: RSE, CNBC, Global Locations: They're

☆ 8-year-old CEO got a $50,000 'Shark Tank' offer from two billionaires: 'I believe you're going to be a winner'
▼ + stars: | 2023-10-17 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

On Friday's episode, that kid was Gavin Batarse, an avid baseball player and the CEO of Glove Wrap. "Just place a ball in a glove and wrap it up with Glove Wrap. Some players wrap baseball gloves in rubber bands or stuff them under sofas. The potential market is large, spanning millions of kids and Major League Baseball players alike in the U.S. alone. The deal: $50,000 for a 22% equity stake in Glove Wraps.

Persons: Gavin Batarse, Jon, Morgan Batarse, Gavin, sofas, Gavin didn't, Mark Cuban, Michael Rubin, " Rubin, Still, Rubin, he'd, Cuban, Mark, Morgan, Gavin isn't, Sofi Overton, Lori Greiner, Daymond John, Barbara Corcoran Organizations: Baseball, Major League Baseball, Sporting Goods, Sharks, Wise, Products, Twitter, CNBC Locations: Orange County , California, U.S, Cuban

☆ Monthly Meeting Q&A with Jim Cramer on everything from tech to health care to industrials
▼ + stars: | 2023-10-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +13 min

(Todd) Jim Cramer: I believe that the rally in oil was a short squeeze that is now over. (John) Jim Cramer: FTC chair Lina Khan does not have a strong antitrust case against Amazon (AMZN) – her arguments don't make sense. (Norman) Jim Cramer: We like to have something related to the housing cycle that could make money. (James) Jim Cramer: This is more of an art, not a science. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Jeff Marks, Jim Cramer, It's, Todd, Joe Biden, Tom Jorden, Donald, John, it's, Zev Fima, I've, Peter, Marc Benioff, Lina Khan, Khan, David, Rich Galanti, Eli Lilly, LLY, we've, Lilly, clobbered, Mounjaro, Stanley Black, Decker, that's, James, Michael Steinhardt, Rhonda, Vimal Kapur, Darius Adamczyk, Jim Organizations: Investing Club, Federal Reserve, Nvidia, Fed, Apple, Shark, ESPN, Our, Nasdaq, Amazon, Costco, Diabetes, Procter & Gamble, Honeywell, Electric, GE, Raytheon Technologies, CNBC Locations: Russia, China

☆ 'Shark Tank's Daymond John on Black Entrepreneurs Day: 'We gave away $700,000 so far.'
▼ + stars: | 2023-10-10 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Shark Tank's Daymond John on Black Entrepreneurs Day: 'We gave away $700,000 so far.' 'Mad Money' host Jim Cramer talks to Daymond John, FUBU founder & CEO, to get a read on the retail space and the state of the consumer. He also discusses the importance of investing in Black owned business and Black Entrepreneurs Day on November 1st.

Persons: John, Jim Cramer, Daymond John Organizations: Black

☆ 'Shark Tank' star and FUBU founder Daymond John sits one-on-one with Jim Cramer to discuss Black Entrepreneurs Day
▼ + stars: | 2023-10-10 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Shark Tank' star and FUBU founder Daymond John sits one-on-one with Jim Cramer to discuss Black Entrepreneurs Day'Mad Money' host Jim Cramer talks to Daymond John, FUBU founder & CEO, to get a read on the retail space and the state of the consumer. He also discusses the importance of investing in Black owned business and Black Entrepreneurs Day on Nov. 1.

Persons: Daymond John, Jim Cramer Organizations: Black

☆ 'Shark Tank' star Daymond John looks to boost Black entrepreneurs for a fourth year
▼ + stars: | 2023-10-10 | by ( Drew Richardson | ) www.cnbc.com time to read: +3 min

Leon Bennett | Filmmagic | Getty Images"Shark Tank" star Daymond John is looking to give Black business owners a boost for the fourth year running. The FUBU CEO's Black Entrepreneurs Day, billed as a celebration of Black business, will return Nov. 1. Black Entrepreneurs Day was launched later that year to "celebrate" Black business owners amid a focus on systemic racism and economic inequities. Many of the companies standing behind Black Entrepreneurs Day have launched initiatives to support the Black community. This year, Black Entrepreneurs Day will feature a star-studded guest list including Goldberg, O'Neal, Cedric the Entertainer, Anthony Anderson and Rick Ross, to discuss their journey as Black entertainers and entrepreneurs.

Persons: Daymond John, Radhika Jones, Leon Bennett, John, Whoopi Goldberg, Shaquille O'Neal, George Floyd, Rodney King, JPMorgan Chase, Chase, what's, Goldberg, O'Neal, Cedric, Anthony Anderson, Rick Ross Organizations: Wallis Annenberg Center, Performing Arts, Filmmagic, Apollo, Black, CNBC, JPMorgan, Business, General Insurance Locations: Beverly Hills , California, Manhattan

☆ Daymond John talks grants and this year's fourth annual Black Entrepreneurs Day
▼ + stars: | 2023-10-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer spoke with "Shark Tank" star and FUBU CEO Daymond John to discuss the fourth annual Black Entrepreneurs Day, which is set to take place Nov. 1 at the Apollo Theater in New York City. The event is meant to celebrate Black business owners, and it partnered with the NAACP to provide eight business owners with entrepreneurship grants of $25,000. Black Entrepreneurs Day will also feature insights from top Black business leaders as well a lineup of celebrity guests including Whoopi Goldberg and Shaquille O'Neal. "We gave away $700,000 so far, we will hit about a million dollars this year," John said of the grants provided to business owners over the years. John first launched the event in 2020 in the wake of George Floyd's murder and amid increased attention to systematic racism.

Persons: CNBC's Jim Cramer, Daymond John, Whoopi Goldberg, Shaquille O'Neal, John, Shaq, George Floyd's Organizations: Black Entrepreneurs, Apollo, NAACP Locations: New York City

☆ These 'Shark Tank' founders 'desperately' needed a rebrand—they still snagged a $500K deal with Mark Cuban
▼ + stars: | 2023-10-02 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

The company, called Gatsby Chocolate, appeared on Friday's season premiere of ABC's "Shark Tank." The appeal for Gatsby Chocolate was evident — lots of people have a sweet tooth, and a candy bar with less calories but "no compromise on taste" sounds like a no-brainer. But for Lori Greiner and guest shark Candace Nelson, founder of Sprinkles Cupcakes, it just didn't fit. While Lori entertained that notion, for a 25% stake, Cuban balked: "My brand is too big to be the face of the brand," the billionaire said. "Specifically, we're actively looking into 'Gatsby Chocolate: The good for you bar,' after discussing with Mark and Lori, so be on the lookout!"

Persons: Mark Cuban, Doug, Ryan Bouton, Ryan, Gatsby, Lori Greiner, Candace Nelson, Sprinkles, Greiner, Nelson, Kevin O'Leary, O'Leary, Daymond John, Z, Lori, they'd, Cuban, Ryan couldn't, We're, Mark, we're Organizations: Walmart Safeway, Cuban, CNBC

☆ 'Shark Tank' watch: Kevin O'Leary warns about commercial real estate, Barbara Corcoran expects house prices to climb, and Daymond John touts Apple and Amazon
▼ + stars: | 2023-09-27 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Three "Shark Tank" investors weighed in on stocks, real estate, and cryptocurrencies. Daymond John loves Apple and Amazon; Kevin O'Leary likes index funds but worries about commercial space. AdvertisementAdvertisementA trio of "Shark Tank" investors shared their views on stocks, real estate, and cryptocurrencies in a Fox Business interview on Tuesday. Kevin O'Leary touted index funds, rang the alarm on commercial real estate, and predicted the crypto industry will clean up its act. AdvertisementAdvertisement"Stock picking is really hard," the founder of O'Leary Funds and O'Leary Ventures said.

Persons: Daymond John, Apple, Kevin O'Leary, Barbara Corcoran, —, Daymond John trumpeted Apple, he's, she's, Stocks O'Leary, O'Leary, John, Amazon's, Corcoran, Crypto O'Leary, Sam Bankman, Fried's, I'm Organizations: Service, Fox, O'Leary Funds, O'Leary Ventures, Apple, Foods, The Corcoran Locations: bitcoin

☆ Katie Couric, Anna Wintour and Danny DeVito Party Before the U.S. Open
▼ + stars: | 2023-08-29 | by ( Alyson Krueger | ) www.nytimes.com time to read: +1 min

They walked a blue carpet, the same color as the famous courts. Gabriela Hearst, the fashion designer, showed up with Maria Sharapova, the tennis player. Other guests included Mike Tyson, Alec Baldwin, Gayle King, Danny DeVito, Anna Wintour, Vera Wang and Daymond John. “The end of summer always makes me a little blue,” said Katie Couric, who was the M.C. “By the end of August I always feel depressed, but coming to the U.S. Open gives me something to look forward to.”

Persons: Arthur, Gabriela Hearst, Maria Sharapova, Tommy Haas, Lindsey Vonn, Mike Tyson, Alec Baldwin, Gayle King, Danny DeVito, Anna Wintour, Vera Wang, Daymond John, David, Cheryl Scharf, ”, Katie Couric Organizations: U.S ., United States Tennis Association Foundation, U.S Locations: Flushing Meadows Corona Park, Queens, Cheryl Scharf , New York City

☆ Mark Cuban loved this 24-year-old 'Shark Tank' CEO's company—here's why he rejected it: 'You're making a boatload of money'
▼ + stars: | 2023-05-08 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Sophie Nistico seemed to have all the pieces in place for a big investment deal on ABC's "Shark Tank." She spent no money on advertising, due to a large social media presence, and had more than $400,000 in the bank, she added. "You are making a boatload of money," Mark Cuban added. "I don't really know how to help you," said Kevin O'Leary. "This thing where you don't know anything about business, I don't really buy it anymore.

☆ Billionaire Mark Cuban says successful people aren't afraid to go broke: 'When you've got nothing to lose, you go for it'
▼ + stars: | 2023-04-06 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Before becoming a billionaire, Mark Cuban slummed it in an apartment with five other guys, sleeping on the floor and using "nasty" towels taken from a Motel 6. Those circumstances may seem pretty bleak, but they're exactly what drove Cuban to put his all into entrepreneurship. Cuban, who has an estimated net worth of $6.5 billion, referenced his "Shark Tank" co-star Daymond John's phrase "the power of broke," saying it's "one of the defining elements" of any successful business owner. Most people consult with friends and explore their idea on Google, but ultimately never follow through, Cuban said. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

☆ Mark Cuban called this CEO a 'great example' for any 'Shark Tank' contestant—he landed 3 offers and a $200,000 deal
▼ + stars: | 2023-04-03 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

While on a camping trip, someone asked Thurmond to create a firepit that wasn't so "massive" and "cumbersome," Thurmond said. Cuban, himself a billionaire entrepreneur, seemed impressed by Thurmond's commitment to getting his product right. Thurmond asked the show's panel of investors — including Cuban — for $200,000 of funding, in exchange for a 10% equity stake in LavaBox. Then, Lori Greiner asked Thurmond a question: What's the most important thing to you in a partner? She offered Thurmond $200,000 for a 15% equity stake, adding a 75 cent royalty per product sold until making back her investment.

☆ Barbara Corcoran says her struggles in school had a surprising benefit: 'That's exactly what built my business and got me rich'
▼ + stars: | 2023-03-23 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

In a recent TikTok video, the 73-year-old entrepreneur and investor on ABC's "Shark Tank" told her followers that she often struggled in school as a child. One of the hardest parts of the experience was watching her classmates "breeze through" their assignments, she said. But that's OK — that's exactly what built my business and got me rich." Or, as Corcoran put it in her video: "Being the dumb kid in class made me a millionaire." 1 best piece of advice for regular investors, do's and don'ts, and three key investing principles into a clear and simple guidebook.

☆ 38-year-old mom launched a frozen yogurt startup from her kitchen—now she's a 'Shark Tank' CEO with a $1.5 million company
▼ + stars: | 2023-03-13 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The whipped, frozen Greek yogurt delicacy she put together became Sweetkiwi, a Dallas-based food startup founded in 2011. And on Friday's episode of ABC's "Shark Tank," Eigbe and her business partner — her husband, Michael Kindele — landed a $250,000 investment deal with Robert Herjavec valuing the company at more than $1.5 million. She initially offered the Sharks 5% of her company for that $250,000 investment, noting that the money would go toward brand-building and marketing. The duo expressed confidence despite their industry's heavy competition, noting that Sweetkiwi pints have less sugar than most other frozen yogurts. Herjavec's final offer was $250,000 for a 16% stake in the company — which Sweetkiwi accepted.

☆ 'Shark Tank'-winning CEO who started in a garage with $2,000 got a $250,000 offer from Cuban, Greiner
▼ + stars: | 2023-01-30 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Those details helped Lady land a $250,000 investment offer from Mark Cuban and Lori Greiner , a lucrative deal that took some effort to assemble. The second-generation Honduran-American launched her Concord, New Hampshire-based startup FryAway out of her garage with $2,000 in 2021. Greiner, Cuban celebrate after landing a $250,000 deal with Lady for a split 22% of FryAway. John echoed Greiner and Cuban, also calling Lady a "dream entrepreneur." "[Cuban and Greiner] are a power team, and I think the three us of are going to be absolutely unstoppable."

☆ 17-year-old 'Shark Tank' contestant made slime in his garage, sold it to his friends, brought in $1 million in just 3 years
▼ + stars: | 2022-12-05 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Since 2020, Mark Lin has brought in at least $1.2 million selling food-scented slime from his garage in Burbank, California. Lin's company Sliimeyhoney was profitable almost from its inception, despite being run by a high school student at the time. Lin made the slime himself, hired 11 friends to help package and ship it, and sold $50,000 worth of product in his first year, he said on the show. Wonderful," said he'd invest $150,000 for 30% of the company if Lin could create a "Wonder Slime" flavor for his followers. John suggested that Lin stick with $150,000, because Sliimeyhoney already had a healthy cash flow.

☆ Mark Cuban saw his younger self in this 'Shark Tank' founder—and offered him a $1 million deal
▼ + stars: | 2022-11-14 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

On Friday's episode of ABC's "Shark Tank," Cuban offered a big deal to Collars & Co., a Bethesda, Maryland-based menswear brand that makes casual polos with dress collars. Cuban and guest Shark Peter Jones teamed up to offer Baer a $300,000 investment, plus a $700,000 line of credit, for 10% of Collars & Co. Cuban asked Baer how much money he'd actually need to reach his goals. The other investors withdrew from consideration, leaving only Cuban and Jones' offer on the table. Once Baer left, Jones and Cuban wondered how the trio would work together over time — but Baer seemed satisfied with the negotiations and deal.

☆ FUBU's Daymond John says retail is 'very challenging,' discusses Build Black with Shopify pitch contest
▼ + stars: | 2022-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFUBU's Daymond John says retail is 'very challenging,' discusses Build Black with Shopify pitch contestCramer spoke with the FUBU chief executive on Monday.

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