I think if they want to get into selling the stand with actual cakes they should partner with bakeries instead.
@maxnator15 күн бұрын
Sikhona mfethu
@zwei67013 күн бұрын
same thought
@chrisemehiser449712 күн бұрын
It would have been a good deal for Mr. Wonderful if he could partner a bakery with them.
@tannishthatabassum9 күн бұрын
Exactly what I was thinking!!!
@ssaboniss7 күн бұрын
This is exactly what came to my mind. You sell these to bakeries. Trying to sell these with the cake yourself is so greedy and it comes with so many problems. Bakeries are in that line of service anyway, they are good at what they do, partner with them...
@SadieMccollough-mf3jl12 күн бұрын
They could have sold a matching cake pan suitable for a mix, and bypassed the entire fresh cake problem. They might have even ended up with a baking mix partnership
@angelinimartini9 күн бұрын
Hey that is a fantastic idea. But these owners were really complicating their lives.
@ilovebrandnewcarpets7 күн бұрын
Now THAT is a good idea. Give Betty Crocker a call
@JovinGhoul237 күн бұрын
They have the classic problem many entrepreneurs have: "Overthink, undersell"
@DawnKellyMedia5 күн бұрын
A kit would've been much smarter, along with a local bakery if they want fresh cakes.
@leahashcroft95475 күн бұрын
Yes! Great idea!
@Islamify-co16 күн бұрын
2024 Surprise Cake revenue currently is $1-2 million annually with a net worth of $3.5 million. Follow your dreams
@FerintoshFarmsPhotography16 күн бұрын
How much profit do they make tho? They could even be in the red for all you know cause the net worth could be over-stock they are paying out in warehouse fee that could be huge since they need refrigeration now.
@castroshan416 күн бұрын
@@FerintoshFarmsPhotography Good questions
@Jeez00116 күн бұрын
@@FerintoshFarmsPhotographyprobably couple hundred thousand. My friend had 2 mill similar business where he sells pet related item and has about 20% profit margin
@nestosauce16 күн бұрын
@@FerintoshFarmsPhotographylet’s hope they took the advice to take care of their bottom line and are actually more profitable now
@Pie4life12316 күн бұрын
Only because it was on this show
@John.Asante16 күн бұрын
I'm glad Mark exposed the fallacy that the "customer is always right"
@SilverSurfer3316 күн бұрын
If I am the customer I am always right raaaaaah But if I had a business other people are not right
@jameslynch239916 күн бұрын
The original saying is "The customer is already right in matters of taste," which is a very different meaning than just "the customer is always right."
@CageFreeLowFatSugarFreeRange16 күн бұрын
And even then that's an old school way of talking because it just shuts down critical thinking. Most people should not be saying what flavors a restaurant should have the chicken tender kids would turn the world into a giant Denny's @@jameslynch2399
@PhantomWorksStudios16 күн бұрын
customer " i want this for free!" employee" cant do that!" customer" customers always right!!!"
@jaimhaas517016 күн бұрын
Cuban is a Kamala shill now.
@certifyd16 күн бұрын
Definitely agree selling the cake with it is bad, maybe a cake mold instead with the middle hollowed out
@nadogrl12 күн бұрын
Yes, my thoughts exactly…a cake pan or mold.
@DawnKellyMedia5 күн бұрын
They could sell kits that include a cake pan, insert pop up thing, cake mix, decorating stuff. 3 different kits ranging from very simple to deluxe. Boom. License it.
@yarindani1216 күн бұрын
Barbra: “ what a lovely idea, it can really make a child smile and spread love. For those reasons I’m out”
@FRANK.G10 күн бұрын
😂😂😂😂😂
@maxfrax3339 күн бұрын
@joycegault89353 күн бұрын
😂
@glenncurley6802 сағат бұрын
Does she always wear that same shirt?
@gino.comedy16 күн бұрын
*gift pops out* "it's ozempic!"
@BenfershowBenfershow16 күн бұрын
ki
@philliphooper431716 күн бұрын
😂😂😂 gold
@sonicsync46877 күн бұрын
Haha
@breezeh11277 күн бұрын
Or some insulin 🤔
@DawnKellyMedia5 күн бұрын
😂😂😂😂😂😂😂😂💀
@A.M.1.16 күн бұрын
Barbara: “could you straighten out your birthday hat its deiving me crazy” .. damon: 🥴 “i wear my hat how i want” 😂
@LunaShimmyDiva15 күн бұрын
Barbara: And bc Damon won’t straighten his party hat, I’m OUT!
@loriki87666 күн бұрын
To be fair to Barbara, it was bothering me too 😂😂
@Baker199114 күн бұрын
@@LunaShimmyDiva😂😂😂😂
@trevorbouchard227211 күн бұрын
If they just sold the cake stand and gift capsules seperately without making the cakes, I am sure it would have gained traction.
@rdproctor961716 күн бұрын
Possibly the best example I've ever seen of solving a problem that doesn't exist.
@ToddFraud16 күн бұрын
Huh? Who said it was a problem?
@andypeavans16 күн бұрын
Just like coke cola... Look how much that's worth,your comment makes no sense
@Moon_Presence16 күн бұрын
When did this show mention that they have people on to solve problems that exist or don't?
@Camaink116 күн бұрын
They’re selling fun! I’d definitely see this in the bday and celebration stores!
@paulct9116 күн бұрын
Yeah, whatever happened to those nice ladies who hopped outta cakes? Couldn't they deliver the gifts, I mean while they're already hiding in cakes anyways...
@jasonjackson56969 күн бұрын
The son was a rookie negotiator, he should’ve said $200,000 for 20% and that might’ve gotten Lori. Also, mom doesn’t understand business, she is in love with her invention.
@Bowling_Dude6 күн бұрын
personally I don't think the percent would have mattered. I feel like she was looking for confidence more than anything.
@RangerGSD17 сағат бұрын
Did Lori make an offer or just say their evaluation was too high? They should have asked her to make an offer rather than them adjust the asking price.
@Asachu6716 күн бұрын
"listening to your customers is overrated"💀
@poppyboiXCIX15 күн бұрын
Stuff only a billionaire can say, I am sure he listened to his customers very carefully in his early days.
@pengwino82814 күн бұрын
Customers will absolutely tell you what they want. Doesn’t mean it’ll be practical but it’s what they want.
@beesouljah16 күн бұрын
"Kevin Run" @3:17
@pn464011 күн бұрын
Going here alone whether anyone wants them or not, is the best advertisement ever…I looked them up and they are worth millions now…don’t ever stop chasing your dreams 🎉pop the cake 🍰
@mazharsiddiqi728816 күн бұрын
Doesn't this mean less actual cake to eat I'm out then
@Jose-ie4yc15 күн бұрын
Amen.
@cadriver257015 күн бұрын
Good for Americans..
@kenbob107110 күн бұрын
You fill the tube up w/ cake. Problem solved.
@therudolphin563416 күн бұрын
When Daymon told Kevin to run 🤣🤣🤣
@15anshulkumar14 күн бұрын
Was just wondering why?
@soleparadise48225 күн бұрын
They should partner with bakeries, have cake molds added for an extra charge and licensing Disney etc and make bank
@CountDankula015 күн бұрын
It seems just selling the popping stand and items that go inside to bake shops would be the solution
@cassandrahenry10 сағат бұрын
Funny hearing Damon telling Kevin to hide when they are both being accused of dealing in shady business 😂
@ArianaHaydon16 күн бұрын
Barbara with Daymonds hat driving her crazy 😂😂😂
@samanthalopez83466 күн бұрын
I agree with mark on , “yeah, that’s wrong” people automatically react to a feeling which is momentary
@professional_larper16 күн бұрын
Boy had it been funny had barberas suprise been a sign saying "IM OUT"
@annielane56218 күн бұрын
Barbara-“ I’m old and don’t want anymore birthdays, for that reason IM OUT!”😂😂😂
@RobloxGuardian15 күн бұрын
Barbara: "You have a winner on your hand. You have a successful company, I'm out" 7:08
@maxfrax3339 күн бұрын
🤣🤣🤣🤣🤣
@DeML22G14 күн бұрын
I didn’t understand the sharks in this episode whatsoever. They had more than Product Market Fit and these two were amazing people.
@Lilcurious18 күн бұрын
It's better to share your first project with an experienced mentor, if it opens the door for you to get in the game.✨
@vortexchaos7015 күн бұрын
6:43 this has to be one of the funniest shark "arguments" of all time
@lazycat577116 күн бұрын
Honestly it would get pretty boring once u pop it 3 or 4 times. It would lose the surprise element fs.
@Julian-um2om16 күн бұрын
right? I cant see using this more than twice in my life
@Justin-uc8sc16 күн бұрын
Julian can you please call Sarah back she is worried sick
@Julian-um2om16 күн бұрын
@@Justin-uc8sc :3
@danielopher9594Сағат бұрын
golden rule of sales is the first one to talk loses.. They should have simply asked Laurie "what valuation would you feel comfortable with"? and then went from there.
@Mona001-01g7 күн бұрын
I definitely see one advantage that was in their favor. All shark tank viewers now know about this product. Good advertising. I am off to check it out and maybe buy a few myself!!
@NukeyStreams16 күн бұрын
This just looks like one of the products you can find on temu for much cheaper than this LMAO 😂💀
@madday95896 күн бұрын
Ya cuz temu tries to remake everyy single product out there using cheap materials so they can take over the world
@NukeyStreams6 күн бұрын
@@madday9589 True, but wasn't the materials shown there mostly plastic?
@nishemonprithwbi964515 күн бұрын
'Daymon is wearing his hat wrong way! So for that reason, I'm out' - Barbara
@redozmasoma15 күн бұрын
I agree with Mark, Customers are sometimes right 😂
@DOC_95116 күн бұрын
imagine giving mark $3 socks and kevin gets $1000 in cash... wow.
@UnicowBoySlots10 күн бұрын
Barbara: I just celebrated my birthday last month, for that reason I am out
@shirleymarie9816 күн бұрын
This is SO fun! I would so purchase this!
@ufchighlights116 күн бұрын
Barbara laughing like Count Dracula
@sanjuansteve16 күн бұрын
$500k in sales, $2.5M valuation is a factor of five, when it should be more like two, a valuation of about $1M. And they should've said they were open to the idea of expanding into cakes and gifts, depending on the advice of their new shark partner.
@kellyperry44777 күн бұрын
yes. cake pan made to bake the cake with the whole. to fit the stand.
@mjcgreatness16 күн бұрын
What gift did Lori get? Why didn’t she want to say what it was lol
@handfuloflight16 күн бұрын
My guess is that it was a golden ticket.
@googoopugh61414 күн бұрын
I KNOW !! Im so curious
@blaketankersley244916 күн бұрын
The real surprise cake is lori and barbara’s faces each episode
@rmtmiller6 күн бұрын
Barbara: One of my weaknesses in Jumanji is cake. Therefore, I'm out.
@adamfirst93218 күн бұрын
4:53 “Customer is always right”…. or “Customer is always looking out for number One”
@docKAM15 күн бұрын
The magic number for Lori was 17.5%. Either he knew that and didn’t want to go that high or just botched it
@LunaShimmyDiva15 күн бұрын
They weren’t willing to give up enough equity. Unless product has stellar sales record, sharks expect 20 to 25ish% for their money..,
@sunny14338 күн бұрын
It’s a one time use item, you would have to clean & store it & hope battery or spring still worked, seems unsanitary to me.
@ksh615 күн бұрын
Just sell it to the bakeries! That would be the fastest way to scale. They would be excited to add it in their menu. And with how expensive cakes are, this would only be marginally more expensive. Then it will sell like hotcakes :D
@ksh615 күн бұрын
Making your own cake cannot be scaled easily. And is high risk to scale. Instead they should look at selling similar fun things to bakeries.
@wolverineiscool71619 күн бұрын
selling gift cakes to bakeries is the worst idea ever. Their brand identity gets diminished and moreover not all bakeries are going to be interested in selling these to customers.
@merkadioe980610 күн бұрын
Barbra laughs like a crow 🤣
@GeeksAroundGlobe15 күн бұрын
Mark's face in 1.54 says a lot about the product
@frankiereliford410516 күн бұрын
The guy looks like Joey from friends
@emmanuelorji678416 күн бұрын
Exactly 💯
@patsquach408016 күн бұрын
How. U. Doing …. Lol
@PracticalPerry15 күн бұрын
He/both are cute. ; )
@umbertlambert211310 күн бұрын
I thought the exact same thing!
@downey416Toronto16 күн бұрын
200k for 12% Lori got insulted
@Bluemoon98-210 күн бұрын
Should have offered her 200,000 for 40 ..she could hav taken it to QVC easily , with the cake offer they wanted to add.
@siddarthmohanraj360116 күн бұрын
Have a good meal guys
@snowflakehunter16 күн бұрын
Barbara has an evil sounding cackle😅
@DerrickJLive4 күн бұрын
"We just got told by 5 expert entrepreneurs that we are going in the wrong direction, but we are going to push ahead anyway."
@ShakyaAriyaratne346 сағат бұрын
Well they came here with a valuation of 2.5 million. They are actually worth 3.5 million today. Guess it worked out.
@DerrickJLive6 сағат бұрын
@ShakyaAriyaratne34 Citation needed.
@johnmightymole228416 күн бұрын
50,000 net profit and 2.5 million valuation, silly
@justincarley239315 күн бұрын
I understand the Shark's reasoning for too many customizations, but the base product, that is patented, is still there. It's easier to take away, than to add additional top line products. Not reasons to be fully out, in my opinion.
@VILLIANZcr11 күн бұрын
Putting money in there pop is the only valid gift
@as_crit468016 күн бұрын
why are you guys so stingy upload more goddammit
@CoachLen2510 күн бұрын
Gotta be more creative and say something like 250k for 20%… this would’ve been perfect for QVC. All those old ladies would buy this for their grandkids
@Nasgibbs11 күн бұрын
We Love you Daymond 🇿🇦
@themakeitmom16 күн бұрын
“3 and 1/2 full time employees…” did I hear that right??
@frenzygamer90716 күн бұрын
they pay a midgit to pop out of cakes per special requests
@poppyboiXCIX15 күн бұрын
@@frenzygamer907 😂
@DeepSouthBuilder12 күн бұрын
Lots of states mandate full time benefits at 30 hours. Overtime kicks in at 40 hours. Their total full time employee load either includes overtime hours or a total load of 140 hours.
@nawarandrouazaher636911 күн бұрын
that was so confusing to hear. what is the 1/2
@ChrisMaveric16 күн бұрын
I think the sharks missed the boat on this one... "gift" product potential also... super cool!
@jcstefan716 күн бұрын
Seriously? You think they missed the boat? This is a horrible product and business idea.
@Lebron6125 күн бұрын
shoulda countered 200K for 25%. 200K for 8% of 50k cash flow is nuts.
@LilyEvans19967 күн бұрын
i dont like when they say the sharks will regret it. No they won't. Even if it becomes wildly popular. I'm sure they hear this all the time and they end up regretting something very rarely and even then it probably is just a passing feeling.
@bloodyissue829616 күн бұрын
Have a great lunch everyone!
@GabrielDeVargas16 күн бұрын
Not eating lunch quit assuming
@bloodyissue829616 күн бұрын
@GabrielDeVargas have a nice lunch when you eat lunch next time. God bless you!
@ForeverAbigail200616 күн бұрын
That’s what I’m literally doing 🤣😂
@Victhediver16 күн бұрын
lol i just ate lunch
@ProNoobGames-k4d15 күн бұрын
Barbara you gave the the wrong colour and for that reason im out
@jamesmcginn629115 күн бұрын
Why don't they just market the cake stand through bakeries and party companies?
@thearabicdp16 күн бұрын
I feel Lori wanted that one
@PracticalPerry15 күн бұрын
So I can have my cake and pop-it too? : ) They should have had Lori make and offer and then counteroffer if needed. I wish they would have gotten a deal with Lori.
@robbyfiveboy486215 күн бұрын
I kept expecting the sharks to get showered in icing. I don't get how you set up a cake. Does it come with a scooper or what?!
@NoyBuhbut7 күн бұрын
Maybe working with bakeries would be much better idea for them
@thebeefyleaf11 күн бұрын
Barbara: You have a successful business! And for that reason, I'm out
@maxfrax3339 күн бұрын
🤣🤣🤣🤣🤣
@woodsail407 күн бұрын
Let the bakery bake the cake! Just make the stands...
@ThatOneGirlThatPlays7 күн бұрын
Just sell a metal cylinder for cutting the finished cake. Simple.😊
@emanuelparrilla999415 күн бұрын
I think they went for the commercial Because a shark like Laurie would get a lot of sales
@ashleycnossen31579 күн бұрын
Gift capsules were NOT a bad idea. They lucked out, the sharks ruin everything
@sundog707 күн бұрын
I really would like to see the episodes where at least one shark goes in. Customers request right...
@mooganstooker24199 күн бұрын
After the first time, it's no longer a surprise.
@janna49944 күн бұрын
Odd that Kinder Surprise is banned in the US but not in Canada 🤔
@DrB8115 күн бұрын
Maybe they’ll wheel out a giant cake for Kamala Harris to jump out from tomorrow. Oh wait…..😂
@MartinisnOlives9 күн бұрын
Turns out they went the cake route anyway. They didn’t heed Kevin’s advice.
@janisvaga88216 күн бұрын
Christmas should be to do it yourself not buy some plastic!
@chicodpuris300216 күн бұрын
Wondering what they got Lori
@sarahnovamusicatlanta3 күн бұрын
Different colored like pink glitter - blue capsules etc
@CanChikMay15 күн бұрын
Id do a cake mix, not ready made!
@GarbageMan2025Күн бұрын
So what was Lori's gift that dude winked at her about????
@fortissimusktb15 күн бұрын
Three and a half full time employees??
@DeepSouthBuilder12 күн бұрын
Full time in a lot of states is 30 hours. Overtime is past 40. They either have a lot of overtime hours or a total load of 135-140 labor hours per week.
@Jordsguitartabmusic13 күн бұрын
Enjoy your lunch people
@thepenetrator252115 күн бұрын
I'm not sure if it's because I am older but is this really necessary? Like I'd rather just eat my cake in peace😂
@frankboris12379 күн бұрын
SO TRUE.
@evieparada15 күн бұрын
I enjoy watching these vids
@theroaminggnomad8 күн бұрын
Don't give up guys. The Shark Tank has been wrong before!
@ohwowoh728112 күн бұрын
I just want to eat my cake please. Don’t mess with my food.
@joshuarivera361713 күн бұрын
Their def not gonna regret it lol
@raw_riot_691716 күн бұрын
I don't see a one stop surprise cake shop happening.
@JoelGarcia-io6ov16 күн бұрын
They’re valuation was way too high. They’re barely making money
@lindsey-yr7tj16 күн бұрын
It actually pretty cool
@fbkensarhd527916 күн бұрын
Joey from Friends
@jameskelly94516 күн бұрын
i forgot my lunch, ig i'm fasting
@ET_Explorer7 күн бұрын
2:34 The mother looks like the witch of wizards of oz.