“Truth in Marketing” – O’Leary | FryAway Shark Tank
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Business Strategist, Joe Pardo reacts and gives his advice to the business FryAway pitch from Shark Tank Season 14 Episode 13.
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604 Comments
Umm what about restaurants…??? All the grease trap cleaning and sucking and disposal. This could save restaurants a ton of time and money and they’d buy in bulk – and keep buying…
Absolutely! Looking forward to having Laura on the show to talk about the commercial opportunity. I appreciate you kjmps999!
I was going to say the same thing!!!
Same here restaurants, food trucks, camping etc…
Better to get paid to have their oil turned into biodiesel.
Makes my day to hear that you enjoy the channel!! Love learning, and love teaching and I’m so glad I get to do both of those with this channel. I appreciate you Jay! And being form Jersey doesn’t hurt either. 🙂
@Jean-Pierre Durrant Glad you lost weight after Covid. But as for Ben and Jerry.. https://www.youtube.com/watch?v=dESfHIB4r9E
@@jeanpierre.durrant Glad you lost weight after Covid. But as for Ben and Jerry.. https://www.youtube.com/watch?v=dESfHIB4r9E
There is a really good chance the Eagles will blow out the Chiefs on Sunday! Glad you think so! 🙂
to question the number of sku’s when you yourself I am certain do not buy everything in the largest size/bulk is the answer in itself.
when we cook with oil sometimes if we dont pour it in a jar I let it cool down and just scrape it in the garbage. our local water utility company have sent us 2 plastic fat scrappers in the last 2 or 3 years. i use a paper towel to clean what ever is left and wash in the sink.
at first i liked the product but for nearly the same experience i am now unsure what the benefit really is.
canada and ireland! never seen those before
You know, Mr Wonderful has a valid point. So many people do not go the fry route for their eating choices and for those of us who enjoy fried fish or seafood, ffrench fries, etc, we use an air fryer that uses no oil. I think this woman is awesome, very intelligent, and I sincerely hope her business does succeed.
I use an air fryer nearly daily as well and I do find that over a several uses, there is grease from the food itself that collects at the bottom of the pan. This product would actually be great for that. I wouldn’t need to have a ton on hand.
air fryer
700k sales in a year and she gets 1136k valuation… No no…
Why not?
@C C valuation should be much more than sales… Let’s say she makes 200k profit out of that… So valuation with 1m will get investors 20% passive income… Too good… When you’re investing investing in small companies like that – you’re always expect them to grow fast… So you will have 20% passive income, plus shares in growing company… For what? It’s better for her to go to the bank and open credit line for her business… There will be happy to do so without ripping part of her company…
@@CampCucumber valuation should be much more than sales… Let’s say she makes 200k profit out of that… So valuation with 1m will get investors 20% passive income… Too good… When you’re investing investing in small companies like that – you’re always expect them to grow fast… So you will have 20% passive income, plus shares in growing company… For what? It’s better for her to go to the bank and open credit line for her business… There will be happy to do so without ripping part of her company…
@Jesse Ocean Oh, I figured you were saying that her valuation was too high? Valuation really should be based off risk/return. A company with $5m sales and $0 profit is worth something (if it is growing and there is visibility to profitability). A company that does $100m in sales and $1m in profit and cannot cut costs anywhere and cannot grow, is not worth that much.
@@jesseocean5507 Oh, I figured you were saying that her valuation was too high? Valuation really should be based off risk/return. A company with $5m sales and $0 profit is worth something (if it is growing and there is visibility to profitability). A company that does $100m in sales and $1m in profit and cannot cut costs anywhere and cannot grow, is not worth that much.
Fastfood chain will benefit on this
Our main drain got clogged up and overflowed because of cooking oils a few months back, so this product can solve a real issue for homeowners.
and restaurants, food trucks…
Restaurants and food trucks… she’s already done the proof of concept now use the sharks to grow it and sell it to a major CPG brand.
Agreed. Unless there is a conflict in pitching to all the franchises, I think this is a great idea and the fastest way to get global exposure.
The fat burg sold it for me.
Our apartment main always clogs and the plumber showed me a piece of pipe once and omg it was so clogged there was a penny size hole left for the main pipe to drain to the street