The premise of Shark Tank is that business owners and entrepeneurs pitch their idea or business to a panel of sharks. The sharks invest their own money in exchange for a piece of the business.
The “sharks” often find weaknesses and faults in an entrepreneur’s concept, product, or business model. Some of the shark investors such ass Kevin O’Leary, can be brutal and show no patience even for tales of hardship.
In this episode watch Johnny Georges pitch his business to the Sharks. It shows that doing business for a just cause can be profitable.The Tree T Pee is a water containment system that saves water, protects trees from frost and grows stronger trees.
The Shark that partnered with Johnny is John Paul DeJoria, who just came to Shark Tank as a guest Shark.
Khan Academy is a non-profit educational organization created in 2006 by educator Salman Khan to provide “a free, world-class education for anyone, anywhere.”
The organization produces micro lectures in the form of YouTube videos. In addition to micro lectures, the organization’s website features practice problems and tools for educators. All resources are available for free to anyone around the world.
“The Progressive Income Tax” is one of those economic terms that gets bandied about, but few actually know what it means or how it works. This tale of three similar brothers with three different incomes (but one shared expense) helps explain the tax system under which we live.
Peter Schiff is host of The Peter Schiff Show, an audio show broadcast on terrestrial and internet radio and was formerly host of an internet podcast called Wall Street Unspun now archived as podcasts.
Schiff acquired significant internet fame for correctly predicting in 2005-2007 the collapse in U.S. housing prices that would occur in 2008 and the global financial crisis that would ensue. In 2010, Schiff ran in the Republican primary for the United States Senate seat in Connecticut, but lost to Linda McMahon.
Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies. Schiff also voices strong support for the Austrian School of economic thought, first introduced to him by his father Irwin.