logo
Source:

Farmer takes dream to 'Shark Tank' and even sharks can barely hold back tears

author
Jul 13, 2018
09:43 P.M.
Share this pen
FacebookFacebookTwitterTwitterLinkedInLinkedInEmailEmail

Johnny Georges, a farmer from Florida, took the stage on Shark Tank and pitched his innovative product, Tree T-PEE that can cut the costs of water on large-scale tree farms.

Advertisement

A video uploaded to Facebook showed Georges giving a heartfelt presentation on his idea to try and get himself a partner who can help him distribute the product on a larger scale.

Prior to this, Georges was selling the product in Florida to hard-working farmers at a cheap price. But he believed that his product should reach out to all the farmers across the United States.

His idea and his product were definitely so clever that it got him a spot on Shark Tank, the famous, highly-competitive business-pitch TV show, but he was yet to win over the investors.

Advertisement

Follow us on Twitter to learn more.

Georges game plan was to be himself and present his product with all the emotion he developed as a small-time Florida farmer. He also proved that he was not going to compromise his morals just to get an investor.

During a point in the show, one of the investors reminds Georges that the margin he had set for his product was so low that it would not be able to “feed” both him and his distributors.

Advertisement

Georges said that he sold his product at just $4.90 while it cost him about $2 to manufacture it. The investor wanted Georges to raise his sales price to at least $12-$15 so that there is enough margin.

However, Georges argued that his product was meant for the farmers and asking higher price would be unfair to them. He remained adamant on his decision regarding price until, finally, the investor said, “I’m out.”

Just when it seemed that there was no hope for him, another investor intervened reminded Georges that “farmers are the cornerstone of America.”

So, he loved what Georges stood for and was willing to give him everything he was asking for. The investor agreed to be the farmer’s partner.

Advertisement
info
Please fill in your e-mail so we can share with you our top stories!
By subscribing, you agree to our Privacy Policy
Advertisement
Related posts

Rich Man Takes Poor Woman with Baby to His House, She Recognizes His Mom as Woman from Her Past — Story of the Day

March 12, 2022

Kids Mock Boy for Taking a Camera with Him Everywhere until He Uses It to Help the Whole Neighborhood – Story of the Day

May 10, 2022

Little Girl Doesn’t Let Anyone into Her House until Old Farmer Breaks In — Story of the Day

March 06, 2022

Homeless Man Who Left His Sister 38 Years Ago Returns to Her with an Old Box from Their Father – Story of the Day

April 07, 2022