Investor Business Letter

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Presentation transcript:

Investor Business Letter Shark Tank Investor Business Letter

Assignment An important part of entrepreneurship is being able to communicate your idea to a potential investor for capital. You are to write a business letter to one of the Shark Tank cast members, whom you feel is a best match for your business idea. Use proper formatting, spelling and grammar May use template emailed to you by teacher

Mark Cuban Main Industry How did he get started? Sports and Media Founded HDNet Broadcast.com Microsolutions Owner of Dallas Mavericks How did he get started? Selling garbage bags door-to-door at age 12 Contact Info: Mr. Mark Cuban Dallas Mavericks 2500 Victory Lane Dallas, TX 75219

Barbara Corcoran Main Industry How did she get started? Real Estate Contributes to CNBC and Today Show Writes weekly columns for Daily News Writes monthly columns for Redbook and MORE Magazine How did she get started? Borrowed $1000 from her boyfriend Turned it into a $5 billion real estate firm Contact Info Barbara Corcoran 660 Madison Avenue New York, NY 10065

Lori Greiner Main Industry How did she get started? Inventor Holds over 120 U.S. and international patents Labeled “Queen of QVC” Host of “Clever and Unique Ideas” How did she get started? Invented an earring organizer Contact Info Lori Greiner QVC Studios 1200 Wilson Dr West Chester, PA 19380

Robert Herjavec Main Industry How did he get started? Technology Heads the Herjavec Group Leading IT security and infrastructure integration firm How did he get started? Founded BRAK Systems Sold it to AT&T for over $100 million Helped negotiate sale to Nokia for $225 million Contact Info Mr. Robert Herjavec The Herjavec Group 4100 Spring Valley Road Suite 770 Dallas, TX 75244

Daymond John Main Industry How did he get started? Fashion FUBU clothing line earned $350 million How did he get started? Wanted to buy a tie top hat, but was put off by the price Asked mother to buy him a sewing machine so he could create it himself Contact Info Mr. Daymond John ABC Television Studios 4151 Prospect Avenue Los Angeles, CA 90001

Kevin O’Leary Main Industry How did he get started? Educational Software Founded his own mutual funds company Looks for investments that are environmentally friendly Chairman of O’Leary Funds How did he get started? Created software that helped children learn how to read SoftKey Software Products Sold his first company to Mattel for $3.7 billion Contact Info Mr. Kevin O’Leary O’Leary Funds 1010 Sherbrooke St. W Suite 1700 Montreal, Quebec H3A 2R7 Canada

Choose Your Shark Based on your business idea Choose one of the potential investors and “pitch” your idea Sell yourself and your business Be clear, concise, coherent, and direct, yet friendly and assertive Choose a formatting style Full-Block Modified-Block

Standards Entrepreneurs and Entrepreneurial Opportunities Achievement Standard Recognize that entrepreneurs possess unique characteristics and evaluate the degree to which one possesses those characteristics CC.9-10.W.3 - Writing - Text Types and Purposes Write narratives to develop real or imagined experiences or events using effective technique, well-chosen details, and well-structured event sequences. 21st Century Building Block Skills VC.1 - Verbal Communication Organizes information that serves the purpose of the message, context, and audience.