Tuesday, November 24, 2009

Soul Calling Inc

In todays episode of shark tank we watched a lady pitch a business called Soul Calling, The business is about providing colorfull products such as sandals, umbrellas, bracelets and other products that have happy messages on them to try and make people happy. 

She wanted 150,000 for 25% of the company, the sharks denied her offer because the numbers of sales she was making was very low and they could not see her idea as a business but more of a goal she had.  The sharks even stated "Numbers never lie, emotions should never get in the way of  business."

When she was pitching the idea she did make a good point about walking down the street and only seeing black umbrellas but as stated already her numbers where very low and it would be hard to actually make a profit in the business.

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