The big question, is it still what the offer was on the show? Regards, Chuck
On Mon, Nov 7, 2016 at 1:16 PM, Travis Johnson <[email protected]> wrote: > Correct. We only got the actual deal paperwork from him three weeks ago. > > Travis > > On 11/7/2016 10:56 AM, Chuck Hogg wrote: > > Wow. So since June and still no deal with Daymond? > > Regards, > Chuck > > On Mon, Nov 7, 2016 at 12:48 PM, Travis Johnson <[email protected]> wrote: > >> Yes, filmed in June. We spent $4,000 on FB ads and generated $108,000 in >> sales. We also blew up the FB and Instagram pages, and ran a BOGO sale all >> at the same time. We have over 200k followers on FB right now. >> >> Travis >> >> >> On 11/7/2016 10:35 AM, Chuck McCown wrote: >> >> So it must have been filmed in June. >> She mentioned dumping a bunch of coin on advertising. Was that all on FB? >> >> *From:* Travis Johnson >> *Sent:* Monday, November 07, 2016 10:18 AM >> *To:* [email protected] >> *Subject:* Re: [AFMUG] OT Travis and Shark Tank >> >> Honestly, not much... :( >> >> Over the last 3 days, we have seen about $70,000 in additional sales... >> so it made a difference, but not what we were hoping for. Our single >> biggest day was in June this year, when we went all out on marketing and FB >> ads and we did $108,000 in sales in a single day. >> >> Travis >> >> >> On 11/7/2016 10:07 AM, Chuck McCown wrote: >> >> What did the show to to sales in the past few days? >> >> *From:* Travis Johnson >> *Sent:* Monday, November 07, 2016 10:05 AM >> *To:* [email protected] >> *Subject:* Re: [AFMUG] OT Travis and Shark Tank >> >> Hi, >> >> The Shark Tank episode was very edited and chopped together. She was >> actually in front of the sharks for over 90 minutes... they cut it down to >> 8. Here is the basic summary: >> >> She started the company with her brother after he gave her about $2,000 >> to buy inventory. They tried out for Shark Tank (4 years ago) and didn't >> make it past the first stage. Another person saw a local news episode about >> her and the company, and contacted her. He gave her $3,000 in cash, and >> paid her rent for a year in exchange for 50% of the company (basically >> buying out her brother). >> >> Those two were involved for about 2 months before they realized they >> needed more money and expertise to make anything happen. They contacted me >> via email, and we had a meeting. We told them in the meeting we would do an >> investment, and asked how much and what they would give up. They told us >> $30,000 for 50% of the company. We gave them exactly what they asked for. >> Also, at this point, her total sales for all of 2014 was $7,000. That's >> TOTAL SALES... not profit. So there are four of us, each at 25% ownership >> right now. >> >> We then took the company from $9,000 total sales in 2014 to $1 million in >> sales in 2015. We provided business experience, obtained a line of credit >> at the bank, helped setup the e-commerce website, helped finance inventory >> (doing a personal loan to the company), etc. >> >> We then put a CEO in late 2015 that has helped take the company from $1 >> million in 2015 to now we will do over $4 million in 2016. >> >> There is not a single person I know of that would have invested $30k to a >> business that had only done $7k in total sales for the year. No shark, no >> other investor I have ever talked to about this deal. Everyone just laughs >> when I tell them. >> >> This episode was actually filmed about three months ago. We only received >> paperwork from Daymond's group about two weeks ago, and we are still in >> negotiation with him. The deal paperwork is SUBSTANTIALLY different than >> the episode shows ($400k for 20%). He has had no involvement with the >> company thus far, and does not have any ownership or equity yet. >> >> Reality TV is not very real. LOL >> >> Travis >> >> >> On 11/7/2016 8:56 AM, Chuck Hogg wrote: >> >> So Travis, are you a 1/5th partner now instead of a 1/4th? Not bad that >> you got in that cheap and Daymond paid some major change. >> >> Regards, >> Chuck >> >> On Sat, Nov 5, 2016 at 12:09 AM, Chuck McCown <[email protected]> wrote: >> >>> Odd, I was expecting Kevin but you got Daymond and nothing was mentioned >>> about royalties. >>> Did she say she had $100K revenue in one day? >>> What e commerce platform? >>> Where was that ad buy she mentioned? >>> >> >> >> >> >> >> On 11/7/2016 8:56 AM, Chuck Hogg wrote: >> >> So Travis, are you a 1/5th partner now instead of a 1/4th? Not bad that >> you got in that cheap and Daymond paid some major change. >> >> Regards, >> Chuck >> >> On Sat, Nov 5, 2016 at 12:09 AM, Chuck McCown <[email protected]> wrote: >> >>> Odd, I was expecting Kevin but you got Daymond and nothing was mentioned >>> about royalties. >>> Did she say she had $100K revenue in one day? >>> What e commerce platform? >>> Where was that ad buy she mentioned? >>> >> >> >> >> >> >> > >
