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Shark Tank presentation
2
Shark Tank presentation
Friendly Dream
John Robinson
Hello, I am John Robinson. I am here today to ask you for $500,000 in exchange for 20% of my company because I am going to use that money to make more warehouses to build and store my chip to sell to customers.
I bring to you the newest invention we have at friendly dream and that is the chipper.
The Chipper
My product
My Product
It's a computer microchip that has a better average of ram and It is also made out of Biodegradable, wood-based material, computer chips can that can perform just as well as chips commonly used for wireless communication, according to new research making this enviromentally friendly. I believe this product will sell because there is a chip shortage and everything needs a computer chip to be complete. I am selling this for 84.56 us dollars
Proof of price
Supply is the amount of the good that is being sold onto the market by producers. At higher prices, it is more profitable for firms to increase supply. That means the more people buy my chips the more supply I will make.
Cost
The cost of my product is 57.28
Cost
finance
Finance
I am selling my product for 84.56 dollars, it cost 57.28. So the revenue generated would be 27.28 dollars. I sell 24,000 units in a year so my gross income is 654,720 and my net income is 648,245
Pay back
If you take my offer right now you will be getting 129,649$ in a year, so it only will take four to get your intial investment back.
Pay back
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I will get the word out about my company by using the add space of YouTube, google, and Amazon to get as many eyes as possible on the product.
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Summary
This product is bio-degradable, it's a resource that is wanted by Apple Inc, Samsung Electronics Co, Ltd Hon Hai Precision Industry Co, Ltd (HNHPF) Dell Technologies Inc, (DELL) Sony Corp, (SNE) Panasonic Corp, (PCRFY) HP Inc. (HPQ) and Lenovo Group Ltd. (LNVGY). This product will be in high demand and getting the production higher will only heighten the sales of my product. It might not even take four years for you investment to pay out if my busniess keep growing at a quick rate.