I watched a Shark Tank interview once and Mark hadn't been made a regular on the show just yet at the time of the pitch so he kind of admitted he that he invested because it was relatively low risk and he wanted to make some memorable deals or something like that. He also admitted it worked out well because he got his money back and then some
fun fact he is currently on drawing #21322, which means, accounting for occasional discounts, he has made about 200k from these cats. now he is doing 1 cat per day every day in 2022 and donating the money to charity. and he STILL only charges 10 bucks a day, he is booked solid thru september but by god he still only charges 10 bucks
He’s only doing 1 drawing a day? He said he can do it in around 2 min. That means he’s only working on it like 12-15 hr a year lol Edit: I guess if he’s donating all his profits to charity and just doing it as a hobby that’s pretty cool! Idk why mark would invest in that though
Or at least, that’s what would have happened. But a few years back he died tragically in a meteorite impact. Mark Cuban never was able to find anyone creative enough to replace him…
Absolutely. He is a bit of an awkward guy, and trying to do a super serious pitch probably would've been weird as hell, but by lowering the dragons' defenses by leaning into it and just owning it, he made a good impression.
That last Robert monologue was a wild tangent that straight up undermined his position. "The only reason I am here today is cause my dad was an immigrant but was able to raise me working at a tough factory job. Therefore, I am not going to invest in you, the man who wants to provide factory jobs for Americans, which definitely includes American immigrants like my father trying to provide for their families." What's the logic there man? Wild.
Missing context in the editing of this video, the business owner had said something along the lines of refusing to go overseas (even if it would dramatically cut costs) "because the quality would suffer". This is a paraphrasing, not a direct quote.
@@HappyBeeGaming The quality would suffer lol. Not even mentioning that it's unethical to go into those overseas markets where they cut costs via heavy handed abuse of workers. American made is a huge selling point for a reason. People hate the Chinese market because they are, even dimly, aware of how awful of a place China is. Same with other asian overseas markets. Sure it's one thing to say it blanketly about countries with western working standards that happen to be cheaper to operate in due to taxes, bureaucracy, wages, or whatever; but "Foreign markets' undoubtedly refers to shitty industrial sites made cheap, not by a freeer market, but by exploitation.
@@randomnerd9088 I would definitely say one thing, the cost of living in Asian countries is wayy less. Some people in my city live decently on 200-300 a month max. So setting up a factory would definitely be cheap in Asian countries. However i do agree that most Chinese factories abuse workers , have underage children working and there is no integrity with regards to ip , the Chinese have too many unethical tactics which allows them to survive. This isn't racism or anything, that's just the truth And at the end of the day , we all use their products. I have a Xiaomi phone , because it's cheap compared to the competition, which probably wouldn't happen without the abuse.
@@Kyledishgambin0 and this is a criticism of his argument how? essentially every piece of technology is manufactured overseas so it is pretty much impossible to have all of the things you own be ethically manufactured in the US. The statement still stands that things manufactured in the United States tend to be better quality than outsourced manufacturing because the environment is more ethical and generally it isn't all about mass production.
atrioc was spot on about the invis-a-rack guy, the sharks wanted to weirdly act like he was racist about not wanting to go to asia to have it manufactured when he was exactly right about the process of losing your product
I think they just saw the opportunity for a "good" TV moment and took it. Surely anyone even tangentially connected to the process of outsourcing manufacturing overseas is totally familiar with the way even semi-successful designs immediately get replicated and turn into cheaper competitors to your product. That alone is a reason not to take a product like his overseas, even without the other concerns of worker conditions, investors using overseas outsourcing as a way to sacrifice quality, etc.
They only want to make money, as soon as they heard that he would refuse to produce in cheaper markets then they all wanted out, but saying you don't care about American jobs is bad PR so they had to phrase it like he was in the wrong.
i think what the other guy got hit with was when he made a point about integrity. If you live in an immigrant household, you will see this a lot from ignorant people. They put the values of the corrupt governments on the individual. We dont choose those shitty people to be our leader but we take the fault for it anyway. The moment he snapped i knew what the reason was and the fact that he has experienced it before.
Because they have lots of money. Anybody who is a multimillionaire or more just says random shit to sound like they know what they are talkin about. No matter how smart you play it, your success will always be boosted by luck
This video cuts out a lot of context. Perhaps you can elaborate on a specific example of a time one of the sharks contradicted themselves--aside from Daymond, he definitely contradicts himself and is generally a clown.
@@dinospumoni5611 I love when people say this when Robert was literally a non english speaking first generation immigrant, Mark came from an at best working class family, Barbra had a broke and alcoholic father, and Daymond was a poor inner city kid who started selling clothes out of his house. Kevin is literally the only one who had inheritance of the 5 on the show, but huff some more copium, it's definitely everyone elses fault that you're broke.
@@SaddisticSpeller note the LUCK or inheritance But sure ignore the hundreds of thousands of people who did the same grind and didn't succeed, despite vastly superior skill and intelligence But yeah these morons are just business geniuses.
I feel like they totally misunderstood the truck dude. Obviously I didn't see the whole conversation, but it seemed like he just wanted to provide jobs to his fellow Americans. They made it this racist thing and I don't get it. Am I missing something?
They were just deflecting since they know manufacturing to anglosphere safety standards is a huge investing risk. They'll either be the next Ford/GM or bust, and how many American made brands have popped up in the last century?
They just realized that they couldn't outsource manufacturing to children in 3rd world countries for pennies an hour so they had to shut it down immediately
I feel like I'm spamming these comment section now, but I remember watching the full VOD of this stream a while back and before he said the thing about being copied he had made the argument that he wouldn't go overseas (even if labor was cheaper and made the business viable) because _the quality would suffer_, or something to that effect. Essentially the way he phrased it implied that he thought foreign workers were innately worse than American workers.
@@HappyBeeGaming That's a huge presumption to make tbh because the quality in those foreign markets is worse. It has nothing to do with a matter of race or ethnicity but everything to do with basic labor and hygiene standards. They aren't cheap because they have a free market where the government doesn't have heavy handed beuracracy, but because they exploit the workers heavily. Tl;DR American workers are better because they aren't malnourished, diseased, and heavily underpaid subjects of fairly ruthless regimes that cheapen their labor intentionally without reducing the actual costs that drive businesses out of western countries.
@@randomnerd9088 People are unwilling to say that American made might be better than Chinese made but many of those same people would praise Japanese or German made cars over American. They are just anti America, not principled.
10:20 A relative of mine made a product a few years ago, a heat-powered fan that sits above your fireplace and distributes heat across the room. It sold well among the ones he made locally, so he decided to get a Chinese factory to produce a few thousand for him. The next week, the same company that manufactured the fans were selling them at greater numbers and half the price.
Its so common. Usually chinese companies will reel you in with super low prices just so they can get your product to create their own version. They dont even want your money a lot of times
I think china has some pretty fucky business practices, where things produced in their factories are basically gonna be replicated for cheap. Which is why there’s so many knockoff products, since a lot of them are produced in china for very cheap.
If I’m remembering correctly, The worst shark tank pitch of all time was in one of the first seasons where these guys just wanted to open a magic carnival that’s only possible revenue was ticket sales. No plan, no pitch, no sales. At least cat drawing guy had an idea and gimmick 😂
His point was if I'm invested fully into this business and then the business is solely relying upon x guy I cannot replace x guy. Like youtubers hiring a huge team, what happens when the yter falls off it all goes bust bro
@@fujster Pretty much, don't know why this is taken as so weird. Kevin usually doesn't ask that question because usually, it's a product he invests in that can be manufactured and sold etc. very easily by another person if neccessary. This is a one-man business that is literally just him and him drawing. If he just keeled over the next day, Kevin has nothing. Or he's so replacable that Kevin wouldn't need to make business with him in the first place if he just has another guy drawing weird cats since there's nothing proprietary about it. The sharks only ask the "what if you die" question on cases like this.
@@markvieyra9950and counting that he make more than 20k drawings, its like if this soundcloud dude actually turn the 100k weed investiment into 800k liquid
I love how on the last pitch, Mr. Wonderful pretty much said "I lack integrity, and for that reason, I'm out." Sleazy. "I'd rather have sweatshops make it so that I can profit more"
Its not that taking things overseas necessarily compromises quality, its that the reason people take things overseas is to cut costs which in turn compromises quality. E.g. Our company has had parts made up in China, they will build those things to any damn quality you want. You want high quality materials and machining made by decently paid staff theyll do it for you, so what does the boss get? Weeeeeeelll lets see if we can shave a few bucks off here... and of course thats what they are going to do, if they were going to pay the higher quality costs then you might as well go with a more local company at only a little extra, if only for more easily staying in touch. Thats why you get crap, because thats all the management are willing to pay for it. Im pretty sure the sharks know damn well thats how it works, but are trying on this teary eyed nonsense implying its just exclusionary or even bigoted to be anti-globalism in any regard. Nobody thinks bringing the world together is inherently bad, the naive fantasy advantages depicted in a lot of economics books are supposed to be about getting the best in the world at any given task to trade for things another nation is the best in the world at. Most of the time thats just not happening. They are just getting any ol country to produce any ol crap at the lowest possible costs and that not something to celebrate. Its why industries have collapsed, and the source of enormous amounts of near slave labor in dangerous conditions. Long story short, that last guy could have gotten out of his predicament just by saying 'If I can ensure the price is significantly lower, and everyone involved is being paid a reasonable wage, are working safely, and without a drop in quality, then Id consider it.' Itd be effectively the same as saying 'That aint happening.' but the sharks couldnt pull out some diatribe about helping the little guy, cause thats the last thing this bullshit ever tends to do.
Overseas in a place that doesn’t give a shit about patents or copyrights and if the product is viable , the manufacturer will just keep the run going and sell it direct
I had two jobs try the "sell this pen" to me, I just take the pen and thank them for their time. If they want it back, they have to make an offer or I leave +1 pen to my collection
Imagine being so shelteredd that the thing that makes you cry on TV is people calling your dad names when you were a kid that ultimately amounted to nothing.
Kevin is actually making a valid point with his "road pizza" analogy. The point he's making is that a good business model doesn't rely solely on a single specific person to make it work.
Says who? Because usually these are the same people who find individuals inferior to them. Are small businesses unable to work? Do entrepreneurs not matter, just their ideas? Not only was his analogy weird and stupid, but it seemed to be a shallow dig, It also ended up being wrong, as the guy actually makes money off those cats to this day.
His dad wouldn't have gotten that job that made him so proud if all companies thought like the sharks do and sent the manufacturing overseas. He's literally saying that he wants to avoid being a company like the one that helped his father.
Cat guys done over 20000 cats he said they took 2-3 minutes to draw. If you assume he's done a bit more work emails ect to make it work and it actually takes him a bit longer they're quite a lot more high effort these days say 5 minutes. If you do the maths my man's had a fun side hustle that pays him $80 an hour while he works on it. Man's a genius.
Even if they "make a deal" that doesn't secure them working together. A lot of people who get a shark can't seal the deal after the show with signing of said deal and so they don't actually get the deal.
Just wanna say, the sales system guy is not a salesman; he's a pusher. A pusher's ideal situation is where they cycle through customers as fast as possible while each customer buys exactly the same thing the instant the pusher tells them to buy it; basically they see sales as a glorified cashier. A salesperson understands that they could never ever anticipate the maximum ammount a customer is willing to spend, so the job of a salesperson is to allow the customer to discover that maximum spending point and keep them from backing out; that's what the close is, make the customer agree to spend the money before they regret it.
That was a good speech from Robert from a PR perspective but is the American Dream of "opportunity for all" really about outsourcing your labour to countries that will do it for pennies on the dollar? I guess, yeah, actually lmao
Eeeeeeh. It's more just commissioning intentionally bad art. He's also 21,322 cats in, last one posted March 19th, so I'm not really certain where you're getting the idea of him shutting down his business and making $33,000. It seems more like he's still going strong at it and has made $142,000.
@@slovnicurling9808 I was more making a joke at the cost of the NFT industry and a wealthy man. Not everything is a political statement or hate. Some things are what they call jokes. Embarrassing is not knowing what is Clearly a joke and you don't even have to Google for that you just have to read the comment properly.
I know this is old, and I usually like Robert, but the sob story about his father is comparing apples to oranges. The inventor doesn’t want it to go offshore to China because it eliminates jobs for Americans to save a buck versus Robert’s father’s situation who was an immigrant to Canada who worked hard. Not comparable at all. The inventor isn’t saying to not hire immigrants to manufacture the product. Instead he’s saying no to offshore it to a country, to save a buck, for a company who most likely doesn’t pay its employees fairly (or it wouldn’t be cheaper to produce). Asinine.
The cat guy is fully booked until september 2022 and only has a couple of free slots in these months and he says he is donating this money either to a charity or another artist to fund their project. This is way too funny and wholesome
update on cat guy, he is currently sold out until may of 2024, and even so only a few select days, ita crazy how hes still going but tbh i gotta respect that
When someone asks you to sell a pen, the first thing you have to figure out is if he actually needs one in order to proceed with the sale. Dont ever start jabbing about the pen before qualifying the customer. You're welcome. Also, having an entire room with 1 of them making a closing offer, gives you a substantial leverage to close right there and then. "Would we be able to find each other at (such and such) number, I would shake your hand right now without hearing out anyone else). If you don't agree to the conditions, you have to assume the deal is gone.
"My dad worked in a factory when he came to America and it made him so proud, so uh... don't produce your product in an American factory... like the one my dad worked at."
Actually, from an investment perspective, Kevins question about being killed is very legit.. If you invest in a business where the “secret sauce” is ONE person’s ability, then if something happens to that person, even as small as getting sick, going on vacation, etc, the business loses money. Now Kevin knows there’s insurance for this but it is a good question for at least most people to keep in mind when they start a business..
Looking at the cat guy: He's uploaded 21380 cats, he still charges $10, so that's 213 grand. For 2022 he's doing a project of drawing only 1 cat a day, and you schedule one hour for said cat (probably talk about that cat or something. I only know what it says on the website). He's also booked out for 1 full year of these once a day meetings.
Funny cat guy: Haha yes let me Invest Guy who wants to support the local community with a sustainable locally made product instead of shipping everything to overseas: No sorry youre not thinking big enough
Fun fact: I Want to Draw a Cat For You is doing only one a day pictures, and people can get specific dates for their pictures, no matter how in advance they are. Every day until September 26th is taken this year as of now.
The cat dude is on 21322 cats, if he’s charging 9.95 per drawing that’s over 2,000,000$, not sure what the taxes are but with 33% of the company that’s a little over 70,000$. Mark made his money back plus some...
Robert says his father was laughed at for not being American in a factory, but he and his family lived in Canada where his dad worked in the factory. Wonder if he made the decision to say America or the producers, because it's an American show.
Holy. Fucking. Shit. That cat drawings guy is INSANE. Dude probably has the highest profit:overhead ratio of anything that could have ever been on the show.
cat guy has sold 21k cat drawings which at 10 a piece would be $210,000 so he made at least 140k from drawing cats if mark bought in drawing number zero that doesn’t account shipping or paper costs
I want to point out something in the last pitch that stuck out to me and proved that there is a major problem with the American dream, how do you build your company up if there is big societal pressure to offshore most of your manufacturing to a Asian country, of course this doesn’t include technology based companies or homemade companies however a lot of the tech parts come from Asia, If America fixed this tiny problem, I think America will change for the better because it will increase the need for a better school system and America will import it’s goods so the trading with other countries will be solved
@@Noah-lj2sg Yes you're right but I didn't mean to imply that it's the only problem but the thing is, these billionaires on shark tank pretend that the issues don't exist and the purpose of the comment was meant to point out this flaw. However it did get a little off point and for that I'm sorry, I shouldn't have got off track.
I went to the cat dude's site and bro not only is he still doing it, but he is completely BOOKED He does one cat every day and there are no days available until December
I would have just taken the pen and continued my pitch with the most number intensive part of the pitch and when everyone else started taking notes, I would turn back to him, need a pen?
So many companies say they want to build their community and just work with america for american jobs. Then when they start getting a little bigger they look at the numbers and start importing and outsourcing to China. Also there are no good billionaires that earned their money through hard work and helping others, they may have good PR teams that tell you that. The founder of walmart has a whole museum dedicated to showing what a humble generous man he was lol. You don't amass that type of wealth without doing some shady stuff. Those articles that said that one billionaire donated his whole company to charity and fighting climate change and everyone ate it up not realizing his sons remained in full control of the company and the whole thing was a genius stunt that made it so his kids got the company tax free and could continue not having to pay taxes and got to look good and be praised for doing it. Ever since Reagan was in office the rich have had it so they can keep amassing great wealth while all the rest of us stay poor even having to pay more in taxes than the ultra wealthy and big companies do! The rich also spends money to fight legislation that would make them pay and their PR teams fool people into thinking it's good for them to have all the wealth and people are to stupid to realize that while we argue between republican and democrat its the ultra wealthy that is our problem and why us millennials can't afford housing or having our basic needs met. Tax the rich we have to unite together to make it happen
Look the cat guys website up. He’s drawing only a cat a day this whole year and then donating the money. You can book a day for your drawing to be done. The only months available are august-December. He doesn’t need the money anymore lol
If he's so proud or whatever of his father as a factory worker, shouldn't he like the fact that he wants to keep the business in America? You know, giving jobs to people just like his grandfather? That made no sense.
Mark Cuban actually did end up making 18 more cats.
That company is worth over 100K
Well he made his money back
@@barryallen2240 It's worth 1.2 mil last time I checked
I watched a Shark Tank interview once and Mark hadn't been made a regular on the show just yet at the time of the pitch so he kind of admitted he that he invested because it was relatively low risk and he wanted to make some memorable deals or something like that. He also admitted it worked out well because he got his money back and then some
@@bigbearkat2010 oh shi wow
fun fact
he is currently on drawing #21322, which means, accounting for occasional discounts, he has made about 200k from these cats. now he is doing 1 cat per day every day in 2022 and donating the money to charity. and he STILL only charges 10 bucks a day, he is booked solid thru september but by god he still only charges 10 bucks
This man made enough money to where he is comfortable doing his job as a hobby. Absolute madman, I respect it
Just an update for a month later, he's now booked until May of 2023.
Fuuuck I'm too late
He’s only doing 1 drawing a day? He said he can do it in around 2 min. That means he’s only working on it like 12-15 hr a year lol
Edit: I guess if he’s donating all his profits to charity and just doing it as a hobby that’s pretty cool! Idk why mark would invest in that though
@@coling443 its like a penny for him. The PR from it is worth far more.
You relate that random thing to him now.
The Cat dude's probably gonna turn his business into an NFT collection and get richer than all of the sharks combined
Or at least, that’s what would have happened. But a few years back he died tragically in a meteorite impact. Mark Cuban never was able to find anyone creative enough to replace him…
@@L2H2L2 Yeah he got crushed into road pizza...
@@L2H2L2 this might be the only youtube comment thats made me laugh out loud in my entire life
@@L2H2L2 you made me look it up and he's still drawing cats wtf
@@yellowdragon101 he retired for a couple years but came back to it
Atrioc should join as a Shark, I’m sure he can buy at least 7% of two startups given his Frames Win Games royalties (in “perpetuity”)
he is actually already an investor. he invests in his editors in terms of "exposure", much better investment than lame income and money
@@popphoenixh for every video we watch, his editors get "passive" "income", where "income" is the "exposure"
@@andrewyells they are really getting a good deal, exposure is advertisement and they are getting a professional to advertise their services.
does he really get credit for that nvidia ad?
@@luislombardi9658 i really don't know but let's find out (idk how to find out)
the cat guy's pitch was 10/10. He sold himself well as well as the product. It's wacky & kind of stupid but there's a market for it
hes booked out till entire january rn lmfaoo
Absolutely.
He is a bit of an awkward guy, and trying to do a super serious pitch probably would've been weird as hell, but by lowering the dragons' defenses by leaning into it and just owning it, he made a good impression.
@youtube-kit9450 Sharks*this isn't backwater london
I literally just paid 10 dollars for this guy to draw a cat for me...
Mint that cat and get 5 bitcoin back
I tried, but he's booked full through September 2022.
He’s at like 20K cats, company definitely made more than 150K, actually god investment lol
HES STILL DOING IT!? LETS GO!!!!
@@cheeselord8153 In 10 years though? Kinda small gains for a company.
That last Robert monologue was a wild tangent that straight up undermined his position.
"The only reason I am here today is cause my dad was an immigrant but was able to raise me working at a tough factory job. Therefore, I am not going to invest in you, the man who wants to provide factory jobs for Americans, which definitely includes American immigrants like my father trying to provide for their families."
What's the logic there man? Wild.
Missing context in the editing of this video, the business owner had said something along the lines of refusing to go overseas (even if it would dramatically cut costs) "because the quality would suffer". This is a paraphrasing, not a direct quote.
@@HappyBeeGaming The quality would suffer lol. Not even mentioning that it's unethical to go into those overseas markets where they cut costs via heavy handed abuse of workers. American made is a huge selling point for a reason. People hate the Chinese market because they are, even dimly, aware of how awful of a place China is. Same with other asian overseas markets. Sure it's one thing to say it blanketly about countries with western working standards that happen to be cheaper to operate in due to taxes, bureaucracy, wages, or whatever; but "Foreign markets' undoubtedly refers to shitty industrial sites made cheap, not by a freeer market, but by exploitation.
@@randomnerd9088 The irony of this is, statistically speaking, you almost fersure typed this long, bloviated speech out on your iphone.
@@randomnerd9088 I would definitely say one thing, the cost of living in Asian countries is wayy less. Some people in my city live decently on 200-300 a month max. So setting up a factory would definitely be cheap in Asian countries. However i do agree that most Chinese factories abuse workers , have underage children working and there is no integrity with regards to ip , the Chinese have too many unethical tactics which allows them to survive. This isn't racism or anything, that's just the truth
And at the end of the day , we all use their products. I have a Xiaomi phone , because it's cheap compared to the competition, which probably wouldn't happen without the abuse.
@@Kyledishgambin0 and this is a criticism of his argument how? essentially every piece of technology is manufactured overseas so it is pretty much impossible to have all of the things you own be ethically manufactured in the US. The statement still stands that things manufactured in the United States tend to be better quality than outsourced manufacturing because the environment is more ethical and generally it isn't all about mass production.
Bro I just checked. The dude drew 21000+ cats. MARK CUBAN MADE 70 GRAND FROM THIS. IT WAS ACTUALLY A GOOD INVESTMENT THE FUCK.
thats actually awesome, glad it worked out for both of them lmao
atrioc was spot on about the invis-a-rack guy, the sharks wanted to weirdly act like he was racist about not wanting to go to asia to have it manufactured when he was exactly right about the process of losing your product
I think they just saw the opportunity for a "good" TV moment and took it. Surely anyone even tangentially connected to the process of outsourcing manufacturing overseas is totally familiar with the way even semi-successful designs immediately get replicated and turn into cheaper competitors to your product. That alone is a reason not to take a product like his overseas, even without the other concerns of worker conditions, investors using overseas outsourcing as a way to sacrifice quality, etc.
It was true imao.
They only want to make money, as soon as they heard that he would refuse to produce in cheaper markets then they all wanted out, but saying you don't care about American jobs is bad PR so they had to phrase it like he was in the wrong.
i think what the other guy got hit with was when he made a point about integrity. If you live in an immigrant household, you will see this a lot from ignorant people. They put the values of the corrupt governments on the individual. We dont choose those shitty people to be our leader but we take the fault for it anyway. The moment he snapped i knew what the reason was and the fact that he has experienced it before.
@@eleonarcrimson858 glad that someone who isn't just a middle class white teenager is contributing lol. my thoughts exactly
the sharks literally just completely contradict themselves every episode
Because they have lots of money. Anybody who is a multimillionaire or more just says random shit to sound like they know what they are talkin about. No matter how smart you play it, your success will always be boosted by luck
They're fucking clowns who got rich on luck or inheritance and have no idea what they're talking about.
This video cuts out a lot of context. Perhaps you can elaborate on a specific example of a time one of the sharks contradicted themselves--aside from Daymond, he definitely contradicts himself and is generally a clown.
@@dinospumoni5611 I love when people say this when Robert was literally a non english speaking first generation immigrant, Mark came from an at best working class family, Barbra had a broke and alcoholic father, and Daymond was a poor inner city kid who started selling clothes out of his house.
Kevin is literally the only one who had inheritance of the 5 on the show, but huff some more copium, it's definitely everyone elses fault that you're broke.
@@SaddisticSpeller note the LUCK or inheritance
But sure ignore the hundreds of thousands of people who did the same grind and didn't succeed, despite vastly superior skill and intelligence
But yeah these morons are just business geniuses.
I feel like they totally misunderstood the truck dude. Obviously I didn't see the whole conversation, but it seemed like he just wanted to provide jobs to his fellow Americans. They made it this racist thing and I don't get it. Am I missing something?
They were just deflecting since they know manufacturing to anglosphere safety standards is a huge investing risk. They'll either be the next Ford/GM or bust, and how many American made brands have popped up in the last century?
They just realized that they couldn't outsource manufacturing to children in 3rd world countries for pennies an hour so they had to shut it down immediately
I feel like I'm spamming these comment section now, but I remember watching the full VOD of this stream a while back and before he said the thing about being copied he had made the argument that he wouldn't go overseas (even if labor was cheaper and made the business viable) because _the quality would suffer_, or something to that effect. Essentially the way he phrased it implied that he thought foreign workers were innately worse than American workers.
@@HappyBeeGaming That's a huge presumption to make tbh because the quality in those foreign markets is worse. It has nothing to do with a matter of race or ethnicity but everything to do with basic labor and hygiene standards. They aren't cheap because they have a free market where the government doesn't have heavy handed beuracracy, but because they exploit the workers heavily.
Tl;DR
American workers are better because they aren't malnourished, diseased, and heavily underpaid subjects of fairly ruthless regimes that cheapen their labor intentionally without reducing the actual costs that drive businesses out of western countries.
@@randomnerd9088 People are unwilling to say that American made might be better than Chinese made but many of those same people would praise Japanese or German made cars over American. They are just anti America, not principled.
10:20 A relative of mine made a product a few years ago, a heat-powered fan that sits above your fireplace and distributes heat across the room.
It sold well among the ones he made locally, so he decided to get a Chinese factory to produce a few thousand for him.
The next week, the same company that manufactured the fans were selling them at greater numbers and half the price.
Its so common. Usually chinese companies will reel you in with super low prices just so they can get your product to create their own version. They dont even want your money a lot of times
I think china has some pretty fucky business practices, where things produced in their factories are basically gonna be replicated for cheap. Which is why there’s so many knockoff products, since a lot of them are produced in china for very cheap.
That has nothing to do with oversees and more to do with going into business with China.
2 different things.
Good. It’s an obvious conclusion.
@@jeltje50Racist
He's still going strong. 21000+ drawings so far @ $10 each. If I had a cat, id buy one
Don’t have to have a cat , he can draw a cat themed drawing about anything, even a breakup.
If I’m remembering correctly, The worst shark tank pitch of all time was in one of the first seasons where these guys just wanted to open a magic carnival that’s only possible revenue was ticket sales. No plan, no pitch, no sales. At least cat drawing guy had an idea and gimmick 😂
The worst Shark Tank pitch in history was the guy who wanted to harness the energy of tornadoes to create gold.
Really not the guy from the first episode that wanted to surgically plant a bluetooth earpiece into your ear canal?
lol at mr wonderful. "what if you died? that would be bad for business!"
He had similar dumb statements in the last video, I don't get this guy
I mean , that one guy IS the business
So he was a dick (kinda) but he had a point
@@Zozakaoo7 mr wonderful was so wonderful he lost $15m for investors with FTX.
His point was if I'm invested fully into this business and then the business is solely relying upon x guy I cannot replace x guy.
Like youtubers hiring a huge team, what happens when the yter falls off it all goes bust bro
@@fujster Pretty much, don't know why this is taken as so weird. Kevin usually doesn't ask that question because usually, it's a product he invests in that can be manufactured and sold etc. very easily by another person if neccessary.
This is a one-man business that is literally just him and him drawing. If he just keeled over the next day, Kevin has nothing. Or he's so replacable that Kevin wouldn't need to make business with him in the first place if he just has another guy drawing weird cats since there's nothing proprietary about it. The sharks only ask the "what if you die" question on cases like this.
The first guy pitched a fivrr account as a business
A fucking hobby. It’s like I go to them and say, yo I make beats in my bedroom for SoundCloud rappers, pls give me $100k for weed pls
😂
@@markvieyra9950and counting that he make more than 20k drawings, its like if this soundcloud dude actually turn the 100k weed investiment into 800k liquid
I love how on the last pitch, Mr. Wonderful pretty much said "I lack integrity, and for that reason, I'm out."
Sleazy. "I'd rather have sweatshops make it so that I can profit more"
Its not that taking things overseas necessarily compromises quality, its that the reason people take things overseas is to cut costs which in turn compromises quality. E.g. Our company has had parts made up in China, they will build those things to any damn quality you want. You want high quality materials and machining made by decently paid staff theyll do it for you, so what does the boss get? Weeeeeeelll lets see if we can shave a few bucks off here... and of course thats what they are going to do, if they were going to pay the higher quality costs then you might as well go with a more local company at only a little extra, if only for more easily staying in touch.
Thats why you get crap, because thats all the management are willing to pay for it. Im pretty sure the sharks know damn well thats how it works, but are trying on this teary eyed nonsense implying its just exclusionary or even bigoted to be anti-globalism in any regard. Nobody thinks bringing the world together is inherently bad, the naive fantasy advantages depicted in a lot of economics books are supposed to be about getting the best in the world at any given task to trade for things another nation is the best in the world at.
Most of the time thats just not happening. They are just getting any ol country to produce any ol crap at the lowest possible costs and that not something to celebrate. Its why industries have collapsed, and the source of enormous amounts of near slave labor in dangerous conditions.
Long story short, that last guy could have gotten out of his predicament just by saying 'If I can ensure the price is significantly lower, and everyone involved is being paid a reasonable wage, are working safely, and without a drop in quality, then Id consider it.' Itd be effectively the same as saying 'That aint happening.' but the sharks couldnt pull out some diatribe about helping the little guy, cause thats the last thing this bullshit ever tends to do.
Overseas in a place that doesn’t give a shit about patents or copyrights and if the product is viable , the manufacturer will just keep the run going and sell it direct
@@arthurduncan5838 If by overseas you mean China, sure. Western Europe has better living standards and workers’ rights than the US.
damn. who woulda thought atrioc was more than an actual creator of good content, and a god gamer, but also a react god? we all knew it
I sure didn’t though!
@@RagnarEgg You knew it in your heart
Get off dudes meat lol
U didn't even let someone answer but chyeeeah
I had two jobs try the "sell this pen" to me, I just take the pen and thank them for their time. If they want it back, they have to make an offer or I leave +1 pen to my collection
Freaking brilliant 😆 I love it
holy shit I can't believe this guy invented an analog NFT, we laughed at him a decade ago but maybe he was secretly a visionary
The Cat guy is sold out until October of this year, He's literally making thousands from crappy cats
Fuck. Guess it's time to take drugs and dream cats
i genuinely want to see so much more of atrioc watching shark tank.
Wow the cat guy charges $25 a drawing now, does 1 a day, and is booked out for over a year. Insane. Mad fucking respect.
Even if we only counted it as 10 USD per drawing it comes up to over 220 000 USD over these 10 years, since ge has done over 220k drawings.
Not bad.
Imagine being so shelteredd that the thing that makes you cry on TV is people calling your dad names when you were a kid that ultimately amounted to nothing.
Cuban got rich selling RADIO ON THE INTERNET.
OF COURSE HE WANTS TO DRAW CATS
"Sell me this pen."
-Put's pen in pocket.
"Give me back my pen."
-"Give me $10."
Kevin is actually making a valid point with his "road pizza" analogy. The point he's making is that a good business model doesn't rely solely on a single specific person to make it work.
Says who? Because usually these are the same people who find individuals inferior to them. Are small businesses unable to work? Do entrepreneurs not matter, just their ideas? Not only was his analogy weird and stupid, but it seemed to be a shallow dig, It also ended up being wrong, as the guy actually makes money off those cats to this day.
His dad wouldn't have gotten that job that made him so proud if all companies thought like the sharks do and sent the manufacturing overseas. He's literally saying that he wants to avoid being a company like the one that helped his father.
Ikr! He's like: my dad moved to America to work a factory job, and you should support this by having no American factories
Barbara: Robert is crying so that unfortunately means in out
Cat guys done over 20000 cats he said they took 2-3 minutes to draw. If you assume he's done a bit more work emails ect to make it work and it actually takes him a bit longer they're quite a lot more high effort these days say 5 minutes. If you do the maths my man's had a fun side hustle that pays him $80 an hour while he works on it. Man's a genius.
Let's make this a regular thing Big A. Watching you rip into how much bullshit comes out of these so called "investors" is really a treat to watch.
Even if they "make a deal" that doesn't secure them working together. A lot of people who get a shark can't seal the deal after the show with signing of said deal and so they don't actually get the deal.
Just wanna say, the sales system guy is not a salesman; he's a pusher. A pusher's ideal situation is where they cycle through customers as fast as possible while each customer buys exactly the same thing the instant the pusher tells them to buy it; basically they see sales as a glorified cashier. A salesperson understands that they could never ever anticipate the maximum ammount a customer is willing to spend, so the job of a salesperson is to allow the customer to discover that maximum spending point and keep them from backing out; that's what the close is, make the customer agree to spend the money before they regret it.
He said something negative about China and they all instantly backed out and made a big speech. Interesting
The first guys pitch was almost better than scrub daddy's
That was a good speech from Robert from a PR perspective but is the American Dream of "opportunity for all" really about outsourcing your labour to countries that will do it for pennies on the dollar?
I guess, yeah, actually lmao
First dude really just sold a nft to a shark shut his business down and made 33,000$. He basically just sold a nft for 33k years in advance
Eeeeeeh. It's more just commissioning intentionally bad art. He's also 21,322 cats in, last one posted March 19th, so I'm not really certain where you're getting the idea of him shutting down his business and making $33,000. It seems more like he's still going strong at it and has made $142,000.
@@slovnicurling9808 I was more making a joke at the cost of the NFT industry and a wealthy man. Not everything is a political statement or hate. Some things are what they call jokes. Embarrassing is not knowing what is Clearly a joke and you don't even have to Google for that you just have to read the comment properly.
@@greenoftreeblackofblue6625 6 months late to tell you the joke was garbage
As of 2024 the Cat-Drawing guy is still in business, charges $25 per drawing, draws 1 cat per day, and is booked over 1 year in advance
Just remember, Mark Cuban said no to Uber in its early rounds, but said yes to cat man
I know this is old, and I usually like Robert, but the sob story about his father is comparing apples to oranges. The inventor doesn’t want it to go offshore to China because it eliminates jobs for Americans to save a buck versus Robert’s father’s situation who was an immigrant to Canada who worked hard. Not comparable at all. The inventor isn’t saying to not hire immigrants to manufacture the product. Instead he’s saying no to offshore it to a country, to save a buck, for a company who most likely doesn’t pay its employees fairly (or it wouldn’t be cheaper to produce). Asinine.
This is gonna be a true glarketer video I can tell
The cat guy is fully booked until september 2022 and only has a couple of free slots in these months and he says he is donating this money either to a charity or another artist to fund their project. This is way too funny and wholesome
Should have made the website "I want to draw a monkey for you". Would have made billions... Sadge.
atrioc should do stream sharks again
@@Boxish imma be real, I remembered stream sharks, but couldn't remember if that was Atrioc. Thanks
Havent watched the video and already know its a banger. Thats the power of marketing.
The sharks are just like "dance for us, peasant, dance for our amusement" with that first guy
update on cat guy, he is currently sold out until may of 2024, and even so only a few select days, ita crazy how hes still going but tbh i gotta respect that
the cat guy is right about that haunting my dreams
Nice vid mister Brandon “Atrioc” “Atroic” “glizzy hands” “piano fingers” “big A”
“friend of Ludwig” Ewing
Lmao the cat guy has free time in september. Dude is booked
shark tank is truly a show full of stereotypes
Business owner: "I would like to manufacture everything in the US."
Robert: "But... My Dad was made fun of for not being an American WAH I'm out!"
We’re the sharks trying to tell truck guy to make his stuff overseas. Very bad look on them if that’s the case
When someone asks you to sell a pen, the first thing you have to figure out is if he actually needs one in order to proceed with the sale. Dont ever start jabbing about the pen before qualifying the customer.
You're welcome.
Also, having an entire room with 1 of them making a closing offer, gives you a substantial leverage to close right there and then. "Would we be able to find each other at (such and such) number, I would shake your hand right now without hearing out anyone else).
If you don't agree to the conditions, you have to assume the deal is gone.
Cuban could've just been offering him the money with no intention of going through with it just to get the guy off camera sooner
"My dad worked in a factory when he came to America and it made him so proud, so uh... don't produce your product in an American factory... like the one my dad worked at."
Actually, from an investment perspective, Kevins question about being killed is very legit.. If you invest in a business where the “secret sauce” is ONE person’s ability, then if something happens to that person, even as small as getting sick, going on vacation, etc, the business loses money. Now Kevin knows there’s insurance for this but it is a good question for at least most people to keep in mind when they start a business..
The edited in red eyes when atrioc said he’s smoking crack 💀 your work ain’t going unnoticed that shit is too good
11:40 is some Saul Goodman ass fake familial bonds.
Looking at the cat guy:
He's uploaded 21380 cats, he still charges $10, so that's 213 grand.
For 2022 he's doing a project of drawing only 1 cat a day, and you schedule one hour for said cat (probably talk about that cat or something. I only know what it says on the website). He's also booked out for 1 full year of these once a day meetings.
Funny cat guy: Haha yes let me Invest
Guy who wants to support the local community with a sustainable locally made product instead of shipping everything to overseas: No sorry youre not thinking big enough
2:00 no it’s not anything like a NFT. It’s customized art.
That crackhead edit at 5:15 is golden
Fun fact: I Want to Draw a Cat For You is doing only one a day pictures, and people can get specific dates for their pictures, no matter how in advance they are. Every day until September 26th is taken this year as of now.
1:30 Atrioc slowly realizes that, all this time, Steve was really “the architect.”
Update on the Cat Dude: He is still currently making them and has made over 21,500 Cats. His tweets are rather interesting to say the least
The cat dude is on 21322 cats, if he’s charging 9.95 per drawing that’s over 2,000,000$, not sure what the taxes are but with 33% of the company that’s a little over 70,000$. Mark made his money back plus some...
200k not 2 mil
you can really feel the anxiety and regret coming off that salesman guy
he failed the pen sales trick. if you're a salesman and you don't know the sell me this pen trick you're not a salesman
And kids thats how nfts were made
Poor cat guy, he was the only one who made a sale that was less... BECAUSE HE WAS THE ONLY SALE BABY
I like the editing on the other one better. Didn't even get to see the products of the last two pitches
googled the cat guy, he sold close to 20,000 cat drawings. Insane.
The bouncing camera in the beginning proves that this videos a bop
Yeah but what if you walk outside and a meteor crushes you into road pizza?
the cat drawing websites still going, with over 21,000 drawings! insane!
The cat dude is still going strong today
Cant believe we got the first nft creator and the hustler's university in one video
I liked Mr. Wonderful’s death question. It’s based off this guy’s talents not a product that can be produced from anyone.
THE CAT GUY IS BOOKED UNTIL MAY 2023 😂😂😂
Robert says his father was laughed at for not being American in a factory, but he and his family lived in Canada where his dad worked in the factory.
Wonder if he made the decision to say America or the producers, because it's an American show.
A reminder that the cat dude got his pitch funded while the Ring doorbell didn't
Holy. Fucking. Shit. That cat drawings guy is INSANE. Dude probably has the highest profit:overhead ratio of anything that could have ever been on the show.
cat guy has sold 21k cat drawings which at 10 a piece would be $210,000 so he made at least 140k from drawing cats if mark bought in drawing number zero that doesn’t account shipping or paper costs
I remember seeing I Want to Draw A Cat For Your like 10 years ago and am so happy to see it doing well
I want to point out something in the last pitch that stuck out to me and proved that there is a major problem with the American dream, how do you build your company up if there is big societal pressure to offshore most of your manufacturing to a Asian country, of course this doesn’t include technology based companies or homemade companies however a lot of the tech parts come from Asia, If America fixed this tiny problem, I think America will change for the better because it will increase the need for a better school system and America will import it’s goods so the trading with other countries will be solved
"If America fixed this tiny problem"
@@Noah-lj2sg Yes you're right but I didn't mean to imply that it's the only problem but the thing is, these billionaires on shark tank pretend that the issues don't exist and the purpose of the comment was meant to point out this flaw. However it did get a little off point and for that I'm sorry, I shouldn't have got off track.
@@Noah-lj2sg yea by taking advantage of third world countries because the labor is cheap.
There are more problems than that, friend, lmao.
@@Yawyna124 I've already answered that in the replies lmao
That Cat drawing guy literally predicted Fortnite dances and fucking NFTs.
Man said i’ll draw you a funny cat and walked away with 25k💀💀
Love the shark tank episodes! Love the variety!
I went to the cat dude's site and bro not only is he still doing it, but he is completely BOOKED
He does one cat every day and there are no days available until December
Just checked the website… I want to draw a cat for you is booked until September 21 2022
HOW?
He also used to do more than 1 per day because he hs 20000+ drawings on the website.
I was just doing a pee in a wine botlle when he started singing.... my bed is wet now
I would have just taken the pen and continued my pitch with the most number intensive part of the pitch and when everyone else started taking notes, I would turn back to him, need a pen?
Someone said to late for cats to early for nfts
Big A unfortunately no longer a "Hitman Speedrunner". From now on, he will be known as "The Glizzard" Congrats!
Red around the eyes was a great touch
So many companies say they want to build their community and just work with america for american jobs. Then when they start getting a little bigger they look at the numbers and start importing and outsourcing to China. Also there are no good billionaires that earned their money through hard work and helping others, they may have good PR teams that tell you that. The founder of walmart has a whole museum dedicated to showing what a humble generous man he was lol. You don't amass that type of wealth without doing some shady stuff. Those articles that said that one billionaire donated his whole company to charity and fighting climate change and everyone ate it up not realizing his sons remained in full control of the company and the whole thing was a genius stunt that made it so his kids got the company tax free and could continue not having to pay taxes and got to look good and be praised for doing it. Ever since Reagan was in office the rich have had it so they can keep amassing great wealth while all the rest of us stay poor even having to pay more in taxes than the ultra wealthy and big companies do! The rich also spends money to fight legislation that would make them pay and their PR teams fool people into thinking it's good for them to have all the wealth and people are to stupid to realize that while we argue between republican and democrat its the ultra wealthy that is our problem and why us millennials can't afford housing or having our basic needs met. Tax the rich we have to unite together to make it happen
Look the cat guys website up. He’s drawing only a cat a day this whole year and then donating the money. You can book a day for your drawing to be done. The only months available are august-December. He doesn’t need the money anymore lol
These Shark Tank videos are straight up fire, hope there’s more
If he's so proud or whatever of his father as a factory worker, shouldn't he like the fact that he wants to keep the business in America? You know, giving jobs to people just like his grandfather? That made no sense.