Larry Chiang’s SHARK TANK Mentorship Marketing Part II #ENGR145
#ENGR145 buys and sells companies
Larry:Yes, please do shot a new video and just send to us as soon as possible. No need to Fed Ex, you can just ship it via regular mail or via Priority Mail – it’s much cheaper.Thanks and best of luck!VincentOn Mon, Mar 31, 2014 at 7:02 PM, Larry Chiang <lawrence.chiang@gmail.com> wrote:Hi Vincent,cc Dai Truong, Austin Ventures
I’ll make a new 10 minute video. I’ll fedex it this week. Sound good??Larry:As we discussed, please re-do your video and submit again either via thumb drive or DVD. The list of questions are below as well as out mailing address.Thanks again!GUIDE TO MAKING A SUBMISSION VIDEO
Please make a short video (5 to 10 minutes) in which you talk about yourself and show off your personality. Wow us! Dazzle us! Be talkative and energetic!! Do not be humble. This is your opportunity to gloat and convince us why you are perfect for the show. Please keep in mind this video is your only chance to impress our producers so make it great. Please find below tips on how to make the best video:
*If you are applying as part of a team of collaborators, EACH COLLABORATOR MUST COMPLETE AND SUBMIT HIS/HER OWN SERIES APPLICATION PACKET; however, collaborators may appear together in a single audition video. If you have 3 collaborators total then we need to receive 3 Series Application Packets completed by the 3 collaborators.
DO NOT SUBMIT UNTIL YOU HAVE EVERYTHING COMPLETED. All submissions must include a completed Series Application Packet for each collaborator who will be appearing on the program and a submission video.
BE SURE TO ANSWER ALL OF THESE QUESTIONS ON YOUR VIDEO. If you are applying as a team then everybody needs to appear in the video if they want to appear on the program.
1. What’s your name, where are you from and what do you do for a living?
2. What is your business/product? Start by saying “My business is…” and then clearly describe what your business or product is exactly. (THIS IS THE MOST IMPORTANT PART! WE NEED TO CLEARLY UNDERSTAND WHAT YOUR BUSINESS OR PRODUCT IS!)
3. How much money do you need from investors and what percentage of your company/idea/product are you willing to give up (e.g., 10%, 40%, etc.)? Be specific. Simply say “I’m seeking $_____ in exchange for _____%.” Note: You may later change your requested ask if you appear on the program.
4. How will the money be used? BE SPECIFIC: If this is for Seed Funding or a Series A round, make sure you clearly state that.
5. Please describe your product/business. (THIS IS VERY IMPORTANT)
a. What is so interesting or unique about your product/business? What is your HOOK? Your hook is key to a compelling pitch so explain this with lots of energy!!!
b. Why will people feel they must have your product/business?
c. Is it fully patented or is the patent pending?
d. How far along is the development of your business/product? Is it just an idea, a working prototype/business plan or is it an existing product or business that is currently on the market? Are you satisfied with your development so far? How far along could you be with the necessary money?
e. Is your product or business currently making money? If so, how much revenue has the product or business generated?
f. How or why does it work? (do a demonstration if you can.)
g. How is your product or business different from similar ideas? What makes yours unique or better?
h. How did you come up with the idea? Explain your A-HA moment and share your story! You’re the person behind the business so celebrate yourself!
6. How much have you invested in your business/product? What would happen if you could not get your business off the ground?
7. When did you start inventing or become an aspiring entrepreneur? What influenced this decision?
8. What does your business/product mean to you?
9. What is your ultimate goal for your business/product?
10. Tell us something interesting about yourself.
11. What has been your biggest challenge so far?
12. What do your family and/or friends think of your business/product?
PLEASE REMEMBER TO CLEARLY DESCRIBE WHAT YOUR PRODUCT OR BUSINESS IS, WHAT IT DOES, AND TO VISUALLY DEMONSTRATE YOUR PRODUCT/BUSINESS (if possible).
* Do not include Marketing/Advertising in the amount of $ you’re asking for.
* SHOW YOUR PERSONALITY!
* Have “Infomercial” energy, and please stand up. Do not sit down while taping – it brings your energy down.
* Feel free to brag about any accolades you’ve received.
LENGTH OF VIDEO
It should not be longer than 10 minutes.
TECHNICAL TIPS
Have someone else record you or use a tri-pod. Don’t hold the camera yourself. Please shoot landscape (horizontal) and not portrait (vertical). When shooting indoors, make sure to turn all the lights on. DO NOT tape in front a window with sunlight streaming in – this will cause silhouetting and we will be unable to see your face. When shooting outdoors, avoid shooting with the sun directly behind you; this will cause silhouetting as well. Make sure we can hear you. Speak loudly and clearly.
*Make sure you save a copy of your video on your computer.
1. Transfer your submission video to a DVD, CD or Flash Drive and label it with your Company Name. Save a copy for yourself.
2. Get all of this to the address below by APRIL 11, 2014.
Mail your video and paperwork to:
Shark Tank Casting
Attn: Vincent – TX#2
10202 W. Washington Blvd.
Heidelberg, 2nd Floor
Culver City, CA 90232
Thank you again and best of luck!
Sincerely,
—
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Vincent James ArcuriCasting AssociateShark Tank – Season 6310-244-1483
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Watch our video to see why I am made for great T.V. ratings!
https://drive.google.com/file/d/0B2fatE0QW6q0R3ZQTG5XOXQ2Q1k/view?pli=1