Wednesday, December 5, 2018

Jayna Ortiz- Shark Tank vs. The Profit

Personally I think that Shark Tanks is the better is better for an entrepreneur to participate in. The reason that Shark Tank is the better investor because each shark has their own special department. They might not be as hands on as the profit, however, they do know much more about specific areas than Marcus Lemonis. Because of this idea of being great in one area of business, I would say that Damon is the best bet for investing into my new music streaming app “Come Up Music”.  Damon is really into urban and hip things and definitely can use people to his advantage is developing and selling this app. He is great at marketing and he knows how to appeal to hip things and would provide great business. The difference between Marcus and the investors on Shark Tank is that Marcus is one really hands on, and two really cares about the companies he is investing in. The other sharks are many interested in a product, however they only will invest if they know it will make money, they usually don’t care to much about what they are investing in. The sharks invest money into a company and usually want some of that company, and Marcus usually does the same. Marcus provides a lot for his companies and overall can be really effective, however sharks provide many skill sets in the business industry.
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