I watched my favorite television program last night, Shark Tank. It’s taking the America like a storm, it has given people the confidence that their invention or business concept can lead them to the financial stability that many of us want. Not only he success, but the opportunity to pursue what you believe in and still not having it feel like a job.
Last night on Shark Tank, was sort of heartening for me, a children’s educational subscription(BitsBox), on how to teach children how to code, had the almost opportunity to make a deal with guest Shark, #Chris Sacca, for $250,000 with a five per cent equity. The two owners bickered back and forth, and tried to get $250,000.00 more equity out of their company, Mister Sacca kept saying No, by the time the two BitBox offers said yes to his offer, he pulled out of the deal. This happens all the time, when opportunity comes knocking on the door, there is no looking back, or is it.
In 1954, and 1976, there were two Shark Tank opportunities that made it’s mark in America, the first was Ray Kroc’s offer to buy the McDonalds business concept from the McDonalds brothers, as it was told in the recent motion picture #”The Founder”, they agreed to sell to Ray Kroc for some $2.4 million dollars, unfortunately they unfortunately relied ob Ray Kroc’s hand shake for hundred’s of million of dollars of royalties, that was not legally bounded. Still $2.4 million dollars at that time was certainly a financial windfall, that could of been parlayed into another start up company called the #”The Apple Computer Company”, mainly started by Steve Jobs and Steve Wozniak(a third partner, Ronald G. Wayne who had a ten percent owner ship, dropped out after twelve days.) went public in 1980, and also was sold for $2.4 million dollars. What most people do not realize that it takes hundreds of millions of dollars, and many created and influential people to make a company to be successful. The Apple Computer Company eventually became America’s largest Corporation, better known as The Apple Corporation. In the beginning the company almost went bankrupt, and many of the original investors were glad to recoup a whopping $24.00 a share from their twenty cents a share initial investment, still a whopping return. The point is, don’t look a gift horse in the eye even if can be that financial Shark yo need to make your dream a reality.
Most likely if Ray Kroc, Steve Jobs and Steve Wozniak were on Shark Tank, there may only of been a fifty-fifty chance that we would of had two of our largest American corporations today.
There is no going back, just be glad that you were given your chance.
What do you think?