Saturday, January 9, 2010

SHARK TANK SUCCESS!



If you missed Dorene aka The Chef in Black last night on ABC's Shark Tank, click

here: http://abc.go.com/watch/shark-tank/225872/246483/week-12

AND WATCH IT FOR FREE!!!



ENTREPRENEUR: Dorene Humason, President of The Chef in Black, Inc.

PITCH: Jaden Chinese Salad Dressing and Seasoning mix.

ASKING FOR: $50k for a 10% stake in her company.

BEST PART OF THE PITCH: The dressing is a tasty blend of all natural spices and seasonings. Dorene has the product in 1,300 grocery stores. Barbara is impressed at how well Dorene answered all of the questions the sharks hurled at her.

DO THE SHARKS BITE? The male sharks all smell fear in a food investment and get a mixed message as far as branding the Jaden name or the Chef in Black company. They are all out. Barbara says she'll give Dorene the $50k for 40% of the business. She also wants Dorene to acknowledge that she has confused branding. She must pick one and be committed to selling only the dry salad dressing for the time being.

RESULT: Dorene has invented $300k in the company and the recipe is very unique. She asks Barbara to come down to 35%. After a few tense moments (and a few more bites of salad by Kevin O.), Barbara says, "Dorene, we've got a deal."

Thanks again to ABC, Shark Tank, & Barbara Corcoran for the amazing SHARK TANK EXPERIENCE! We are so blessed! And Last but not least, THANKS TO ALL THE CHEF IN BLACK FANS & the NON-STOP ORDERS! If it weren't for you The Chef in Black would not exist!

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