“I love this pitch” | Money Cologne on Shark Tank
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Biz Coach, Super Joe Pardo reacts and gives his advice to the business Liquid Money Cologne from Shark Tank Season 3 Episode 3.
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2522 Comments
Good Morning Super Joe!
Good morning!! Glad you could join us for the premiere 🙂
Make it rain
He certainly tried 🙂
Joe, do you think he could have got a deal with Daymond for maybe 50% but lower the the dollar amount?
So, one of the only rules of Shark Tank is that the deal that is struck has to be for at minimum the money originally asked. If Pat had come in asking for 50k to start, then definitely a higher possibility.
I think ultimately, if he had struck a deal with Daymond they could’ve ran with it and opened more doors, and/or licensed it.
I appreciate you watching and commenting Rick!
Love watching these
I’m so happy to hear that! I love making them, educating and helping others grow and sharpen their business skills. 🙂
I appreciate you Marco!
I never knew JFK had an illegitimate son.
I appreciate you watching and commenting Peter.
I thought the same thing!
He definitely bought Instagram followers
Sadly I think this practice happens more often than not. 🙁 I appreciate you watching and commenting!
This is the exact reason Daymond is my least favourite shark, I cant stand it. 80%!!
“ I can’t do 80%” is not a counter offer. No cologne scent is going anywhere without a name associated with it and using the value of the trademark. Without a name nobody is going to pay $50 a bottle without trying the scent first.
You know the sharks weren’t wrong but they weren’t right either. Yes it’s a guarded space you have to buy into I get all these things. I can certainly understand why they dropped out minus Daymond. I actually agree with walking away. The entrepreneur bet on himself, and it’s still in business doing 4 million dollars a year annually. So how about that for turning down an offer. But to me personally, I’m right there with the sharks I did wouldn’t have invested because it’s way too competitive way too hard to get into and I don’t even see the trademark from preventing other knockoffs. That being said I was actually kind of offended that they told the entrepreneur that they had to show him the obvious path with trademark licensing, cuz I don’t see that protecting your product. The way I see it a knockoff would have came along with some other variation of the word money in it. At which point you’re paying a ton of money to prevent yourself from being knocked off with any other variation and trademarking it. As for the product itself I disagree with the concept of a his and hers it should just be money. As for what I buy the product probably not because I’m not a cologne person.
Ding ding, Super Joe – point well made. Money is not a product for the shelves of CVS. It should be sold as a prestige brand.
I’m just here to see the dark hair women ;P
I bought it and now have poor women sniffing me
I always where and buy cologne but I’ll never buy from CVS
This guy looks hybrid of Elon Musk and bill Clinton
Ordered a bottle over the weekend. Still waiting for it to be shipped
Neat! Please let us know what you think when you get it. I appreciate you watching and commenting!
@Joe Pardo just got it today. It literally smells like aqua di gio perfumo
@@SuperJoePardo just got it today. It literally smells like aqua di gio perfumo
@Joe Pardo yeah no problem. Colognes slightly alter scent and mature after a few weeks from the first spray though. I want to see if i can pick up the scent of money by then. Kinda disappointed though. But atleast it smells good.
@@SuperJoePardo yeah no problem. Colognes slightly alter scent and mature after a few weeks from the first spray though. I want to see if i can pick up the scent of money by then. Kinda disappointed though. But atleast it smells good.
I think the problem with sayings like 2% of a XX billion market is not that 2% is not enough for the investors, as 2% of billions is still multi million or billion. It’s just it didn’t explain how you can get there from 0
Oo yes I didn’t get it
Sir Joe, if this is somehow possible to tell the evaluation of the business then you should do it too and can make shorts for some famous pitches because many people just search it and can’t find enough
The issue is these aren’t public companies. So I don’t have access to their financials. I have interviewed several at this point. Good idea for shorts! Thank you! I appreciate you watching and commenting!
As a fragrance enthusiast and collector for over 25 years and someone that’s run a business in this field for around 10 years, I can tell you this isn’t a product for the fragrance community.
The packaging, name and theme are more in line with a joke/novelty type product and should be priced around the $10 price point
I counted maybe 5 reviews of the product on Fragrantica, which is pretty much nothing in that community.
He’s opted for very cheap looking packaging and bottle and no one actually wants to smell like money, which is why it belongs in the novelty category