Shark Tank and its British counterpart Dragon’s Den are reality shows which attract a huge number of viewers. Why? Because the concept behind the shows is fun, sometimes intense, and we never know the outcome when an innovator or a business person stands in front of the Sharks or the Dragons.
The Sharks give budding entrepreneurs the chance to secure business deals that could make them millionaires. The aspiring entrepreneurs offer part of their business in return of an investment that would help their business expand. Sometimes, they ask investors to invest in a business concept or an idea.
Whether they get the money or not depends on many things. The most important of all is the amount of money the investors expect to get once the business grows.
During an episode of Shark Tank, a humble farmer from Florida named Johnny Georges presented something unique and most likely life-changing for thousands of fellow farmers in America and all around the world.
Namely, Georges asked for a $150,000 investment in his company “Tree T-Pee.” He presented an invention that is a game-changer in plant irrigation and saves thousands of gallons of water for farmers every year. The only problem was that Georges spends $2.95 in order to produce a single item and then sells it for $4.50. This didn’t sound like a good investment for the Sharks who asked Georges to make the selling price $12.
Well, the issue with that number is that he didn’t want to overcharge for his product because he knows how hard farmers work in order to put food on everyone’s table.
Georges became nervous and tears started rolling down his face. He was convinced he would leave the show empty-handed, especially when one of the investors was out.
But then, another investor decided to give Georges the entire sum of money he requested. Not only because his invention was brilliant, but because they understood how much it meant to this humble and kind-hearted farmer.