Built to Sell Radio

Ep 322 Kate Field - What You Should Know Before You Pitch Your Company on Shark Tank (or Anywhere)


Listen Later

In 2013, Kate Field started The Kombucha Shop offering home-brew kits that people can use to make kombucha.

By 2018, the kombucha craze was in full swing and Field was invited to pitch her business on Shark Tank. Field asked for $350,000 in return for 10% of her company which was generating around $1.2 million per year selling kombucha kits. Field got an offer for $200,000 in cash and another $150,000 line of credit in return for 10% of her company from Barbara Corcoran and Sara Blakely, the Spanx founder who was a guest Shark that day.

Despite her success on television, a series of surprising events led Field to walk away from the Shark’s offer and sell The Kombucha Shop the following year. This episode is a raw account of the highs and lows of the entrepreneurial journey.

...more
View all episodesView all episodes
Download on the App Store

Built to Sell RadioBy John Warrillow

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

204 ratings


More shows like Built to Sell Radio

View all
Startups For the Rest of Us by Rob Walling

Startups For the Rest of Us

693 Listeners

The SaaS Podcast - SaaS, Startups, Growth Hacking & Entrepreneurship by Omer Khan

The SaaS Podcast - SaaS, Startups, Growth Hacking & Entrepreneurship

181 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

501 Listeners

Founders by David Senra

Founders

1,877 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,288 Listeners

M&A Science by Kison Patel

M&A Science

124 Listeners

2Bobs—with David C. Baker and Blair Enns by David C. Baker and Blair Enns

2Bobs—with David C. Baker and Blair Enns

257 Listeners

The Home Service Expert Podcast by Tommy Mello: $200 Million Founder|Forbes, Inc., Entrepreneur Columnist

The Home Service Expert Podcast

737 Listeners

My First Million by Hubspot Media

My First Million

2,618 Listeners

James Sinclair's Business Broadcast by James Sinclair

James Sinclair's Business Broadcast

7 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

243 Listeners

The Private Equity Podcast, by Raw Selection by Alex Rawlings

The Private Equity Podcast, by Raw Selection

30 Listeners

Acquiring Minds by Will Smith

Acquiring Minds

248 Listeners

Moneywise by Hampton

Moneywise

640 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

30 Listeners