Young entrepreneurs got their shot at getting an investment from Green Bay area “sharks” at the Globe University-Green Bay Shark Tank Day!
Ideas ranged from the Sock n Sort, Cake Cups (even with cake samples) to children’s toys called the Diddly-Doo.
More than 20 area high school students participated in a Shark Tank day to pitch new business ideas. The event is modeled after the popular ABC television show, which features people pitching investment ideas to a group of millionaires.
At Globe’s Green Bay campus, some students entered the prepared category, while others opted for the impromptu option.
Brandl Bonetti literally wowed the socks off of the judges coming prepared with a great pitch, excellent visuals and numbers to back up his business model.
His idea was the Sock-n-Sort, which allows mothers or college students to easily place socks in a nicely designed holder to keep them together during washing. By using the device, the dreaded sock monster wouldn’t magically make one of your socks disappear.
Bonetti worked with a local company to produce a professional advertisement for his product and set the bar extremely high after his presentation.
Three of the four sharks wanted to partner with him.
However, Shark Mark Taggart’s favorite pitch was Cake Cups.
Here’s how it would work: You could purchase different sized designer cups as gifts, which recipients could microwave and instantly have delicious cake.
“This idea could really go big, especially if they got their product into Starbucks. With the holidays right around the corner, this gift could be a great novelty item, as well,” Taggart said.
Bruce Wolf, local hotel business owner and a shark, shared feedback and a few slings at the other sharks (but all in good fun). His favorite product was Aqua-Flavors: local gyms or individual customers could purchase a large energy drink dispenser that would also help reduce the need for plastic bottles.
The sharks included:
- Nicole Virant: Business program chair and community manager (social media and marketing guru)
- Jonathan Virant: Dean of Education (J.D. law degree)
- Bruce Wolf: Local business owner (Comfort Suites Hotel)
- Mark Taggart: Career Services coordinator (Green Bay Chamber ambassador)
“I thought this was well run. The presentation tips were excellent! Great opportunity for the students,” said Jeremy Brady with Coleman High School.
Student feedback from the event was positive.
Highlighting the opportunity to speak in front of a large group was valuable, many of them said they had fun and found the comments from the sharks helpful and honest.
Josie Young, director of admissions, and Sara Zelewske, high school coordinator, organized the event.
If you or someone you know is interested in having a program-specific event organized or a hands-on experience for high school students, please contact Josie at 920-264-1630 or firstname.lastname@example.org.