Wednesday, October 14, 2009

Greed vs. Giving it up


In this episode of Shark Tank, the founders of College Hunks Hauling Junk and College Foxes Packing Boxes were faced with an offer of 250, 000 for 50% of their new business College Foxes Packing Boxes and 10% of their existing business called College Hunks Hauling Junk. The founders decided to decline the offer, which was a huge mistake. They were greedy, and valued their business and own expertise more then it was actually worth when in fact they should have been realistic and by being realistic I mean they should have realized that if they want to expand their company they are going to have to give something up in order to get something in return.

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