RE: Week 5 DiscussionCOLLAPSE
Greetings, classmates, and Professor Elias: below is my shark tank pitch.
Hi, Sharks, my name is Hubert Brown. I am an impactor & entrepreneur; My goal is to leave a functional footprint on the world. And with your help- We can make it happen
My company Waterworks has discovered a new technology to test, filter, purify water on the go, and in the home at a price affordable to all.
I am here today to seek your help in getting this new portable water filtration system in the hands of all worldwide.
We have a right to live in a world where food and clean water is accessible to every human on this planet. It is a human right that should not barter or compromised with the well-being of all. As of right now, 780 million people don’t have access to a quality water source (www.cdc.gov ) I want to fix that.
As a father, I think a lot about my kids and the world I want them to grow older in. It’s hard to relay the promises of the great wonders of this world when there are kids without the basic necessity of clean water. I read about people traveling miles by foot to access water that not even cleaned. I think of the diseases that people contract due to the lack of clean water. So, I thought about how I can use solar light combined with low Ultraviolet light to power and clean water from any source. This product will allow anyone, anywhere, and any point to use this product with the power of the sun, and the ultraviolet light to purify the water.
This Waterworks product is clear, portable, and lightweight. You can see the water filtration activate within three minutes. It can filter a gallon of water at a time. It also has a self-cleaning mode that allows for reuse. The product’s shelf life is five years. And you don’t have to change a filter within this system.
This water filtration system using the sun to operate, so the cost of using this product after purchase is free. It also leaves less of a carbon footprint on the environment. The low cost of manufacturing the outcome yields a higher margin.
It has been reported that up to 1.1 billion people lack access to clean water supply, including cities in the US. This lack of clean water has killed 1.8 million people a year. 94% of these deaths were preventable if they had access to clean water(World Health Organization 2007). So what I am asking you today is to be part of the statistic that helps decrease this preventable problem. My product Waterworks could help prevent those deaths. It is an affordable, portable watering system that uses the power of the sun and the UV rays from the sun to clean the water.
We are currently in production, as of right now we are manufacturing out of a small factory in Virginia. Due to the size of the factory, we are only able to produce 5,000 a day, and we need to produce a minimum of 50,000 a day to meet the need. We are currently working with the local governments in Cambodia, so far, we have provided them with a 100,000. The cost to manufacture this product is $3.00 per unit. We would like to sell the product for $9.99; therefore, it’s at a price point that is affordable and profitable for all. The bulk price per unit will be $6.00.
Your investment will allow us to grow into a much bigger facility, therefore allowing us to increase our product and distribution.
Please join me if you want to help save lives and leave a lasting footprint on this water. Give the right to clean water to all with an investment of $500, 000.00 for 15% share of my company Waterworks.
Describe your persuasive technique, and why you chose it (from the reading), I used the persuasive technique of Social Proof. The idea behind Social Proof to appear the Social Awareness of how they could contribute as a whole to being part of the solution and not the problem. In this pitch, I want the Sharks to see themselves not just as investors, but has solver/contributors to the lack of clean water problem (Keller 2015)
Global Water, Sanitation, & Hygiene (WASH). Center for Disease Control and Prevention. https://www.cdc.gov/healthywater/global/wash_statistics.html
Combating Waterborne Diseases at the Household Level. World Health Organization. 2007. Part 1.
Keller, Larry. The Science of Persuasion. 2015. https://www.success.com/the-science-of-persuasion/
Belinda Pierce RE: Week 5 DiscussionCOLLAPSE
Hello Professor Paulson and Classmates,
Have you ever watched the show Supernanny and wished that Jo Frost would show up at your door and help whip your children into shape? Are you frustrated with trying to work from home, home school your children, cook dinner and meet deadlines for you on line course? I am all too familiar with this scenario and know that this combination of responsibilities can be overwhelming. Well help is here! Nannybot is a customized companion that is programmed to fit your family needs including your beliefs. That’s right you heard it, Nannybot has the temperament, personality, beliefs that are preset by you. All Nannybot’s posses the skill and ability to cook, clean, home school multiple children, order groceries on line, take out the trash and recyclables. Nannybot responds to voice commands and can be preprogrammed. But that’s not all. Nannybot is trained to listen for an indefinite length of time. This has proven to be a great stress reducer and form of therapy especially during COVID-19 quarantine. Nannybot is currently being tested in 200 homes throughout the world and has had positive reviews. Nannybot was introduced into 30 homes prior to the Corona virus outbreak and since another 170 have been placed in homes. Parents are reporting less anxiety, more productivity and increased family time. Children have stated that Nannybot is like a teacher and grand mom in one. Couples have reported that their marriage and communication is better than ever. The couples who have reported this have also utilized Nannybot’s listening function. Today I have with me Nannybot who you will be able to interact with, you can ask Nannybot any question that you would like. (Allow judges to interact with Nannybot which is successful).
With your investment of $1,000,000, we can get another 200 Nannybots into needy homes within the next 60 days. Your investment will enable us to hire more technicians and meet the current demand for Nannybots. Current market price for Nannybot is $14,000 and production cost is $5000. Nannybot has been approved by major health insurance carriers and several major companies have purchased and provided Nannybot for their employees. Nannybot is revolutionizing life as we know it and you do not want to miss out on the opportunity to invest at a 10% equity in the company. Can I count on your commitment?
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