They Start By Ripping His Life's Work To Shreds. Then The Guy With The Ponytail Steps Forward :-)

[Omaha Steve]

A great story that read very quick.

http://www.upworthy.com/they-start-by-ripping-his-lifes-work-to-shreds-then-the-guy-with-the-ponytail-steps-forward?c=upw1

Curator: Matt Orr

This segment of "Shark Tank" will probably give chills.

"Shark Tank" is a hit show on ABC.

Five investors (or "sharks" ... get it?) listen to entrepreneurs who need some cash to grow their business.



If the "shark" likes an idea, they pony up some cash. And in return, they get a piece of the entrepreneur's business.
Most of the time, the people who win the shark's money are the ones willing to:

1. Cut the costs of manufacturing,

2. Outsource their product overseas, or

3. Raise their price or cut corners.

FULL story at link.

[kydo]

1. Thank you! K&R

What an awesome idea. I want to buy a few of those!

Kudos to the rich pony tailed guy for being human too.

[Erich Bloodaxe BSN]

2. Is ponytail guy on much?

My housemate watches that show occasionally, and I don't ever recall seeing him on the show.

[truedelphi]

4. I don't either. n/t

[think]

6. Unfortunately it does not look like it. This episode appears to be from 2013.

The ponytail guy is John Paul Jones DeJoria of Paul Mitchell hair products fame.

http://en.wikipedia.org/wiki/John_Paul_DeJoria

[alphafemale]

8. That's why he looked so familiar.

Yeah. He's been on commercials for Paul Mitchell.

[BrotherIvan]

11. That's why he understands CREATING something

Money guys/MBAs don't get it AT ALL. They'll just bust your company out an strip the bones.

[SammyWinstonJack]

7. He is Paul Mitchell hair care products founder. I watched that segment. Pretty cool.

[JaneyVee]

3. Good article. KNR!

[CaliforniaPeggy]

5. What a great story, my dear Omaha Steve!

More power to the guy with the pony tail, and to the farmer with the great idea!

[Spitfire of ATJ]

9. This show is propaganda....

It perpetuates the myth of the wisdom of the rich as well as the need to see to it they have money to invest so any schmuck with a new widget can get rich by spilling a good sales pitch.

[gregcrawford]

10. These assholes...

... should be chum for sharks.