Mark Cuban from 'Shark Tank' Shares Branding Advice for Harry & Meghan after Their Royal Exit
Shark Tanks Mark Cuban thinks Prince Harry and Meghan Markle would make a successful brand. He gave advice on how the couple could try to navigate their success outside of the royal family.
Meghan Markle and Prince Harry are nearing the final stretch of their royal duties on March 31, 2020, that will mark the official date of their departure from the royal family.
He said speeches would be a great start for the couple because of how much money their appearances are expected to make, he argued:
"If the Obama's get $500 000 or a $1 000 000 a speech, [Meghan and Harry] can get at least $150 000 t0 $250 000 a speech and they get to go out there and network."
The couple has made a head start on Mark's prediction about speaking events. As part of their first engagement since stepping down as senior members of the royal family, they made an appearance in Miami at a JP Morgan summit in early February.
Despite speculation that they were paid close to $1 million for their joined appearances, it is reported, sources said they were not paid for the event.
In a clip of Harry speaking to Disney boss, Bob Iger, he told him that Meghan was interested in doing voiceover work. She has since landed a deal with Disney for voice over work and Harry is set to on a documentary about mental health with Oprah Winfrey on Apple TV.
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In Tembisa, Johannesburg, today The Duke and Duchess visited to meet young entrepreneurs at the YES hub - a hive for creativity and social enterprise. Their visit was an amazing tour of the ingenuity and opportunity – seeing businesses that varied from food to essential sanitary products for local women. During their visit, they were able to sample food from ‘Chef Mish’ - a local masterchef winner - which he makes at the site as part of his catering business and cafe. They then joined YES community members to take part in training and tests that will help them gain skills and find work. On the third stop today, entrepreneur Moss showed The Duke and Duchess the organic produce he's growing in the township with aquaponics - supplying local restaurants. And finally, The Duke and Duchess met the women behind the amazing Blossom Care Solutions - who are making 80,000 sanitary pads every month for women in their community. They are 100% compostable, and provide an essential low-cost product for women and girls. The Duchess has long campaigned on this issue and wrote in Time magazine in 2017, saying: “In communities all over the globe, young girls’ potential is being squandered because we are too shy to talk about the most natural thing in the world. To that I say: we need to push the conversation, mobilize policy making surrounding menstrual health initiatives, support organizations who foster girls’ education from the ground up, and within our own homes, we need to rise above our puritanical bashfulness when it comes to talking about menstruation.” • See our previous post to see The Dukes speech #RoyalVisitSouthAfrica Photo ©️ PA images
Mark said if the couple focuses on speaking engagements it will give them the kind of flexibility to better make time for their family they did as working royals, he explained:
" [They can set their] own schedule, be where ever they want to live and however they want to live. They will have that option without having to figure out what they are going to do with the royal family."
It remains to be seen what their brand will look like, recently Queen Elizabeth out a stop to allowing Meghan and Harry from using the word “royal” in their brands.
However, the couple will continue using their Sussex titles, and Harry's succession to the throne still remains.