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Tonight on Shark Tank

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Daniel Levitsky billionaire founder of kind, 
returns to the tank.

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I love your story. It's exactly how I started.

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I went in and out of depression. I became 
a person that I didn't recognize

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You made it work. That's the American dream 
101.

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I 've created hundreds if not thousands of 
jobs. That's incredible.

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Why are you ignoring what I'm saying? Shoot. 
I'm sorry, and I'm talking to you. Don't 
even look at me my so wrong! Shark Tank.

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I just sense some chauvinism here. @How's 
it going in the shark tank for you?

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#01-MeasuringShoval First in the tank is 
a simple getting genius improvement to a 
household tool.

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#Maddox. I know you look at me and you think 
he's the outdoorsy one working with his hands 
all the time, but I'm actually not. So if 
I did not have the mattock shovel...

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...It's a real pain and you'd have to get 
a measuring tape and then see how deep the 
hole is. I used to actually have to always 
do that, because my mom's a perfectionist. 
It was always such a pain.

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Tell us a little bit about your background 
and how you came up with... It's so obvious 
in retrospect.

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... I can't believe you actually get a patent 
already thought out ahead of you. So tell 
us about that.

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When I was in the fourth grade. I had a class 
project to make an invention to help make 
life easier. And like I said, I always helped 
my mom landscape.So I made the measuring 
shovel.

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And then I went to the Tennessee State and 
Invention convention where I won the first 
place.  And then after that, I went to the 
first ever National Invention Convention 
in Washington where I won the household tools.

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Really? Yes, Ma'am.

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What made you decide to turn it into a business?

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#I'm curious to hear a little bit about your 
mom and dad and what their backgrounds are.

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-I'm actually a CPA and I'm actually the 
CFO of our local school district. -That is 
a Horticulture major. So that's where some 
of this. I mean...

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-So I own a company with my father where 
we sell hydraulic tree diggers. -It's in 
your blood, Maddox. -Yes, sir.

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I have a question for you Maddox. You want 
to license the deal and then just let it 
happen or do you want to operate a company? 
What is your dream?

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I think either way would be a great way to 
get my shovel on the market. I mean licensing 
would be a really good way. That's what we 
were thinking about first....

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...But then we thought that manufacturing 
might also be a great way to do it. These 
aren't what the actual prototype type would 
look like. This would be moulded and stamped 
in, which we've talked to a manufacture. 
We've done research and it would be around 
15 to 25,000 to make that.

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If I was going to go buy a shovel. What would 
I pay for a shovel?

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Anywhere from $10 to $100. A good one is 
usually around 30 dollars.

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What would it cost if you built in the Maddox 
special on the shovel? What would the price 
go up by?

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We're confident that we can get it for under 
$10, which is a little bit on the high side.

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I don't I think that it actually would be 
any added cost. so you could actually put 
that right into your mold. Right? So you 
could be actually more competitive and be 
the only shovel people would want to buy.

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How'd you plan to use $40,000 on you requesting.

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The first 15 to 25 would be the to make the 
mold for this... and then with the rest of 
the money I would get my initial run of shovels 
made, which we've done some research when 
I think 2000 shovels would be a good initial 
order.

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That looks like I have to tell you you are 
so well- spoken and composed. It is such 
a great reflection on your parents with the 
way that they raise you...

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... But you know, sometimes the product has 
to speak to you.... and if I'm not passionate 
or see the benefit, I'm probably not the 
right shark for it. I'm sorry. I'm out.

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-Guys, I'm kind of in the same boat. Everything 
I touch, plant-wise, dies. -You just have 
to use the right shovel. -I didn't even know 
it was a shovel till you told me so for those 
Reasons I'm out.

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Thank you.

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The Idea is brilliant. If I saw shovel that 
didn't have measuring on it... and it was 
the same price of the one beside it, I'd 
always pick the one with. That's that's your 
basic. That's a no-brainer.

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Lori and I've been talking in the background 
here. You remind us of... a deal from the 
past... of BenjiLock... where the young man 
came up with a better mousetrap in walk...

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...But he didn't want to be in the lock business. 
He wanted a partner that could help them 
find the best manufacturer, best distribution 
and license it... so he could sit home and 
open the envelopes, look at the check and 
say "yippee ki-yay"!

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so I'm the license guy. Yes, sir. She's and 
I also license gal. We're going to partner 
together and going to blow it up.

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-What's your offer guys? -Definitely think 
that we can license we don't do this for 
free. You're in the Shark Tank now and we're 
sharks. Yes, sir.

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Here's the deal. We're going to give you 
the $40,000. We want 30%. You're getting 
two sharks. We want 15% each.

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-That why they call it Shark Tank -No, it's 
a very good deal. You're getting two shark.

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So what a family you guys are like awesome: 
the way you've invested in your kids. The 
type of Love is incredible. It's really amazing

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They're pretty great.

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So I think it'd be fun to work with you guys. 
I would offer you $48,000 for 25% of the 
company... on an operational basis. We would 
build this. I do know a lot of the big guys 
from the big boxes. I think it really is 
that question of what you want to do.

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What do you want to do? This is great. And 
you have two passes. This is so exciting.

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Yo u have one route, which is licensing and 
Daniel just loves you guys. He's feeling 
the love in the air. -I'm not adopting you.

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But he wants to operate it and build the 
business by the way. What do you want? That 
doesn't mean that we won't do potential markets. 
The deals We'll figure it out together.

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What do you want to do, Maddox?

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-Mr Wonderful, Would you be willing to go 
to 25% for 40,000 -No, you got two sharks.

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Maddox? I cannot be a discount shark. I'm 
a premium shark. Can you dig it?

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Would y'all be willing to go to 50,000?

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Maddox negotiates. High five!

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No. It's a great deal. If you really should 
think it through. It's hard to get two sharks 
ever. these two sharks El Supremo. Yes. Can 
you dig it?

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Mr. Wonderful and Lori you got a deal.

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Congratulations. Such a great idea. I was 
right guys. Good job Maddox. Well done.

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-Maybe you are not the cold hard Eddie. -He 
went in for 10K. -I think he's just afraid 
to be embarrassed by Maddux and say. Yeah, 
buddy.

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I thought Daniels offer was really good. 
But I thought Kevin and Lori's offer was 
just really good about their Vision to get 
my product license and out there, but that 
would be the best for me.

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#02-PiliNuts

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#03-single edge razor

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#00-Moink, meat subscription serice

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#04-EZC Pak