Shark Tank US | Kevin Hart Swaps Partners On The Transformation Factory Deal
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- čas přidán 4. 11. 2022
- Alexiou Gibson is seeking $500k for a 5% stake in his company The Transformation Factory.
From Season 13 Episode 24
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Shark Tank US | Kevin Hart Swaps Partners On The Transformation Factory Deal
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Don’t confuse Kevin the comedian, with Kevin the businessman. In business Kevin don’t joke around nor play games. Love it!
Lol that's sound so funny
Kevin the Businessman is badass!!
*DIDN’ joke, not DON’T
@@PetrodollarDealEndedSoWakeUp no, it is "doesn't" 😂
🤣🤣 like you just know that man personally
That guy pitching his product is very humble He's not looking for the money He's looking for the guidance and what he did is going to turn out to a great success
TBH I think he gave away his company a bit. Sure they can help him but like he said he did $500k last month and they were going to give him $500k which is a nothing burger. A more fair deal would be 10-15% at max but probably more 10%
You o
He seemed to have a good product and the cultural knowledge to get things sold in his niche market, but he lacked sales and negotiation skills, so his ability to pitch and sell to the sharks was hampered, he put his cards on the table early, never a good sign. He also lacked confidence, which is why they saw the opportunity to pressure him a bit and in turn get him to undervalue his company. End of the day, he is going to profit from the deal, Kevin as your ambassador is the perfect advertising tool for his market, but he could have gotten some perks alongside the offer, possibly a very small royalty on every unit sold, in case he does leave the company to go start another, or a guarantee that Kevin would be the brand ambassador. The company is now worth 4 million, which isn't bad, but the low ball offers definitely brought down their net worth, even if it did boost sales.
@@ninjaninja9954 5:52
With how big his profits were, I dont see why he had to ask for that much money. Yeah I understand you have to come in with a proper valuation of your company, so maybe his starting ask was fine for valuation purposes, but he should've countered at like $250k for 10% or something, the stake is way more valuable than the cash here.
Just a little update. The deal was finally closed in October. This air time has gotten him guest spots on a few other shows. The company now has 128k followers on Instagram and they recently sold over 100k bottle in 48 hours on black Friday and because there are so many orders they just bought a new warehouse. Not too many more updates because this was filmed in like March of this year but it looks like this business is going to be very successful.
Thanks for the update!!
Thank you!!!!!
Yeah I searched it up and they made millions
Thanks for the update!!
Incredible story thanks for the update!
This is the best pitch I’ve seen in the 10+ years and he got everything he deserved. Plus having Kevin and mark as partners is insane
But 20% on successful product is kind of a scam.
Wow
@@xenos7876 agreed, it didn't feel like he knew how much they wanted his business. A gentle giant is easily taken advantage of.
@@splinte111
He hept 80%.
Still a MASSIVE majority holder.
When his personal wealth grows 10x or 100x or more,those 20% will be considered a bargain deal.
Getting such partners is worth almost any %.
Almost.
@@xenos7876 scam? the amount of knowledge and experience he will have and be getting from both of them will be game changing
Respect to Kevin Hart checking Kevin O'Leary on the importance of sea moss, not belittling it by saying it's baby food.
Much respect!!!
Surprised sea moss isn't popular in the US . Here in the Caribbean its cheap and in every grocery store.
Be little 😂
The "Kevins"
Why Representation Matters!
It is so funny watching Kevin being serious
I was literally looking for this comment lol
Kevin Hart is an entrepreneur so he loves business, so yea that's why he's serious
😂
@@user-uh8pt7tk6y 💙💙 I'll show you with jam - honey 🥀🥀
When it comes to your bag, that's how to be.
8:05
Entrepreneur: "20% is a huge amount".
Mr. Wonderful: "Than do the 30% instead"😂
This guy...
Mr wonderful needs more brain cells 💀😭
@@doubted2soon279 you need more brain cells. He's trying to get the other two sharks a deal. Not every time a shark makes an offer are they really trying to get an offer for themselves immediately.
Right 😂😂 he's so silly lol
@@doubted2soon279 he has 400m dude, I think he has brain cells
@@rafaelisslaam1894but he doesnt have more than 400m brain cells
Kevin's interjection was great! This is why it's important to have a diverse panel. He's very intelligent and insightful.
Yes!
I ♥️ Kevin Hart!!!
Perfectly said!
Not really. He talks like black Americans are a monolith when that’s far from true
Whole thing just feels…off to me Idk how to describe it
We got scared for a moment - we thought Barbara was going to make a deal! 🤣 Glad everything ended well
thank god
😅
😂😂😂😂
Lol
lmfaooooooooooooo
Can we get more of this side of Kevin Hart. This man went from a comedian to full blown entrepreneur.
If you watch most of his interviews this is him naturally
Facts.
I respect Kevin’s command on the show. I was thought Damien was equal but timid
Kevin been an entrepreneur bruh 😂 it comes with the game
@@gkrees9509 key words “full blown”. Being an entrepreneur is also a mindset.
I love How Mark asseses the situation,reads into everything,everyone and then takes benifit of just the right moment.
Never too early, never too late, never hasty.
yup hes the megalodon
Mark is so observant. You keep Quite for sometime and analyse the situation around before he can look ask for offer!! He's intelligent.
Extremely impressive going from 500lb to a healthy weight and then becoming a self made multi million dollar business getting a deal with Mark and Kevin. Bravo.
with zero debt too! that blew my mind.
Bro used cheat codes
He took control of his life and created goals for himself very inspiring
Big respect to him
Having Mark Cuban and Kevin Hart as brand ambassadors is far more valuable thank 600K. What a treat to the business owner. Awesome story!
But he was giving 5% of the company now he'd have to give 20% , excellent company,incredible margins, already profitable. He became shark food.
@@wee6331 nah don't look at that way 20% in exchange for all those connection and marketing is insane plus he got no other investors, it a crazy deal for him, and he still got the majority voice in all decisions
@@wee6331 He's a sole owner giving 20% away, that's not at all being shark food.
@@wee6331 that 20% gonna triple his money
@@wee6331 : He’s 80% owner & just got KH & Mark Cuban on his team, not to mention $600,000. Lol
Everyone knows Mark & Kevin, that alone is a big win. You’re definitely never going to be in his place or even see his amount of money. You’re a 🤡
The world needs more people like him. Probably the most humble guy I've seen on Shark Tank. He's got such a great heart, spirit & character.
Great guy!
Will get corrupt by these billionaire/millionaire you dont become this rich by being the kind and giving away. It's called shark for a reason
@@theglizz5797 How would you possibly know?
@@theglizz5797 quit being a glizzy gobbler
@@theglizz5797 glizzy gladiator
Hey @Os - WHO are you referring to above?!? Who is "him?" Who is "humble guy?" Who is "He's got ...." Who is ... "Great guy!" We are not mind readers! Ehhh?
One of the most cleanest, professional, clear presentations I have ever seen on Shark Tank world wide. Alexiou knows his business, knows where he wants help and how much help he wants.
Wow, what a great audtion.
Right. It’s just clear that it’s a good bussiness and that he’s a legit guy. You could feel that he was genuine about everything
Mark just swoops in and take the deals like this many times.. He is a true genius..
Mark strikes me as a guy who legit wants to help businesses get off the ground. He's the type of guy that has plenty of money but knows their is more money out there
He is the true shark. Barb gonna die before she gets a deal lmao
Perfect Entrepreneur, no faults at all.
Deserved a much higher valuation, but the man was so delighted to get Mark on the team, he didn't care much about valuation.
Happy for him.
I agree 👍🏽
No such thing as a perfect Entrepreneur. He had a great product, he probably could have done much better in terms of partners. The sharks do very little post production which is why only 6% of companies are profitable after 3 years. I have seen some of Mark Cubans investments online and they are horrible. Its a TV show take the free publicity then find real investors.
I think Mark is his favorite 😍
Maybe he can sell the products to the Mavs team & their fans...
with marks and kevin, both celeb status and in the sports and hollywood world ...his product would make better income for the fitness world with free ads from kevin...smart deal.
Kevin turned from a cuttie pie to Shark in no time. Loved this episode.
Quick sharp.
Yeah he flipped lol.
Then it went straight to commercial.
🤣
He shocked me too🤣🤣🤣!
Honestly i love seeing this side of Kevin Hart. Im so used to his chaotic energy and comedy, but every time ive seen him on Shark Tank, he just keeps showing how much of a great business mind he is.
He seemed like a genuinely good person with a great story. His grandmother has to be beyond proud.
so weird to see Kevin so focused and serious 😂😂
I actually believe he’s very serious when I comes to the bag as I think WE all should be
Still feels funny to see him being serious though
@@meto8019 referring to money as "the bag" is cringe, don't limit your vocabulary to that of the hood.
@@BeatBoyStill People not from the “hood” have been sayin bag longer just lower your ignorance no one cares how you cringe.
😂😂😂😂
I love that Kevin educated the other sharks on what seamoss is in the black community and that it really does help with health issues
As a white african I didn't get that. What's the deal with black people and sea moss?
@@thesmilingvagrantsnone of your buisness
@@jarell1577😂
@@jarell1577😅😅
What was that about, was it a troll answer?
'' A story behind a product makes a product that much better" Way to go KEVIN!
I love how Kevin has a flow with any show like he’s been there for years
🤣🤙🏽
it’s funny how kevin is being serious and still makes me laugh 😂
LOL!!!!
Yeah 😂😂😂
Can't be serious with Kevin 😂
When
This is a great example on how representation is great for everyone. Kevin helped the guy with his clarification about the sea moss being more of a culturally-driven product at the moment. I love it.
And he’s 100% correct too.
Exactly!!!
But is there scientific/ medical proof that seaweed really helps the body
@@leoh1191oh yes there is. I don't have exact articles to point you to. But if you have time some research shows the cells in sea moss replicate some cells found in humans. It's pretty neat.
HE TOOK ADVANTAGE BY PRESSURING HIM !!😡 20% IS A LOT FOR A SUCCESSFUL BUSINESS!
An investment in knowledge pays the best interest."
Yes, fx and Stock investment, I heard it's very profitable
Yes, true but I don't know anything about it.
I have heard so much about Stock how does it work
Did i hear someone say forex ?
Do you believe I invested £4,000 and got paid £51,070 in seven days?
2:56 kevin hart writing notes like i do in class when i dont know what’s going on but I need to act like i do 😂
To anyone reading this, remember Rome wasn't built in a day. your hard work will pay off
A friend I recommended to her just received her profit.
A carrier in bitcoin offers you the opportunity to earn a lot of money if you have the patience to learn the process and strategies involved or better still get yourself a professional broker
Yeah you are right,thank you
@vallekas yeah,thank you
I have been rest assured knowing that a professional and trust worthy broker like Mrs Hanna macko is managing my account
This is one of the best pitches and entrepreneurs I’ve seen on this show. Very well spoken and smart and genuine and respectful. He deserves all the success
And the Lord thy God will circumcise thine heart, and the heart of thy seed, to love the Lord thy God with all thine heart, and with all thy soul, that thou mayest live. Deuteronomy 30:6 ✝🌅
A new heart also will I give you, and a new spirit will I put within you: and I will take away the stony heart out of your flesh, and I will give you an heart of flesh. Ezekiel 36:26 ✝🌅
And I will give them an heart to know me, that I am the Lord: and they shall be my people, and I will be their God: for they shall return unto me with their whole heart. Jeremiah 24:7 ✝🌅
This guy is humble and really just wants to help people be healthier. I think with his mindset, his beautiful personality and his pretty good business ideas he will do very well and I'm truly happy for him.
Agreed, felt exactly the same way.
Yo you can't make this up. Kevin is funny even when he not trying to be. He countered the offer and Barbara said no. Mark The Shark swam right in and said I'll do it. Kev with 0 hesitation said bet let's do it and immediately a deal gets done. Classic. 😂
“Kevin, you just drowned Barbara in the ocean” 😂
What an amazing guy. Can tell he was raised well, he has pureness in him, you can tell by his eyes. Extremely rare these days.
I noticed that too. Yep, rare well-rounded man.
He gives good christian vibes
Hey @Ahmed Khan - WHO is an "amazing guy?" WHO is "he was raised well?" WHO is "he has pureness in him?" WHO is "you can tell by his eyes?" We are not mind readers. Please advise.
@@warriormanmaxx8991 the entrepreneur
He is. We need to protect him from sharks
I love Mark Cuban silently waiting for the opportunity and snatching it right away
I love that he also thanked the other sharks. Very genuine
You can tell he's genuinely a good person
Hey @Cynthia Davis - WHO is "he's genuinely a good person??"
because you believe in everything you hear... I can't tell he is good or not, cause not enough data about his personality ) But things he says, sound like a lie about grandmother and her friends.
One of the most impressive candidates, he's the only owner, no debt and 500k/month?Wow!!👌🏾
I’m more impressed at being that profitable so early
His story, spirit and drive are amazing. As a fellow west Indian this warms my heart I want to be just like him.
@@dezcraft_dev 30$ jam is very impressive yes
Kevin and mark is the perfect combo. Both in the fitness/sports business. Easy promotion for sure
this guy is amazing, he was so well prepared and so gentle and respectful, I just loved him
Kevin Hart being serious still makes me laugh 🤣🤣
*Mom get the camera*
I don’t think he’s serious lol 😂
Man, me too
😂😂😂😂😂😂😂😂 good one ☝🏾 🤣
😂😂😂😂😂
Black excellence
This was so wholesome to watch.
Most people that keep saying about how they got 20% of such promising company for just 600k...he is not selling 20% of his company for 600k: he is buying connections, market, guidance, MANY things for 600k. That's honestly such a great deal.
Edit: Can you imagine one day being a normal person, and the other day having Kevin and Mark, that almost most of the world knows, as your guidance/business partners? Frrrr
There was only one Kevin in that deal
@@jackmehoff2503 Also it was 600k for 20%. (300k each for 10%)
Yea some people are just not very bright when it comes to that kind of thing. If you're not really thinking about it, then yea the guy gave up 20% of his company. But what it's really doing is trading 20% to have the expertise (and maybe more importantly, the names) of Mark and Kevin attached to his product and his company. That's not an easy amount of value to calculate, but it's a damn sight more than if he kept 100% of a business being run by a nobody that may or may not maintain it's current level of success over time.
@@RockChild56 That clause was removed *_thanks to and because of_* Mark Cuban.
*In 2013, as it turns out
As a person who lost 35% of my original weight in 8 months, I can feel proud of this guy.
That was remarkable. Happy for him. He got himself a good deal. 😅 I like how Kevin moved quickly when the lady didn’t want to move along
Love Kevin straight to the point.. taking it forward and not doing back and forth
Barbara pointing to Hart - “This cutie pie over here”.. Kevin O’Leary - thank you! Barbara - “Not you”.. and then Hart dumbs her a minute later 😂
Kevin obnoxious
@@jackhammer078jack4 Kevin's awesome man stop hating
relationship in a nutshell😂
@@jackhammer078jack4 You stated your opinion. Congrats. Did it need to be said? No. What did you achieve from being a dick?
@@stephenshampine11first, thank you for commenting.
As Kevin Hart said which is the story behind a product makes the product better. this man has an excellent and outstanding story behind it
The way he said “well that’s business Barb” 😂 what a wonderful company and product!
So proud of kevin Hart, he handled himself like a true business man. Very good. But Barbara did say she didn't want to go up so he really didn't diss her.
I hope this man has major success!! Loved the pitch, a quiet confidence and knowing where he needs support
Great pitch and well spoken! Much success for him!
easy to pitch something when theres no bad side of the business youre trying to hide.
200th like
If I see his products on the grocery store shelf I will definitely buy it loved this segment
Man had over a million in cash and nearly 4 million profits and no debt. 100% owner. Insane
What an impressive man with a compelling story to boot. It's hard not to root for such individuals.
I was really surprised how Kevin was so serious and he did a really good job like he watches Shark Tank a lot😂
Mark is like an eagle, always on top of his game.
I ENJOYED THIS EPISODE SOO MUCH!!!! HE WENT OUT AND WORKED ON HIMSELF FIRST. WENT AND HELPED HIS FAMILY. THEN HELPED HIS LOCAL NEIGHBORHOOD. THEN MADE IT A BUSINESS AND GOT THE SALES. HE CAME TO THE TANK TO GET A STRATEGIC PARTNER AND 2 SHARKS BOUGHT IN. GREAT JOB TRANSFORMATION FACTORY
I was really surprised at Kevin, but he wanted to move on the deal and needed the right partner in with him. Great move and an awesome product that will surely make them tons of money.
Busy guy.
Very good point. Kevin is a celebrity and business man but obviously retail isn’t his strength so he wanted to partner with someone who is. Mark is a much better option then Barbara anyways.
Eh, I have more respect for people with a bit more loyalty or would at least ensure that their existing partners are okay with an exit before exiting the partnership. I get it and can appreciate the economic results of that mentality, but it requires a degree of coldness that can have negative results for the individual and those around them. I suppose it just depends on the results you're looking for.
@@dismalthoughts No loyalty in the shark tank, they're sharks, not fish lol
@@dismalthoughtsyeah they were in the shark tank, in a normal sense, totally agree. But in this scenario it’s first come first serve and I’m sure there’s no real hard feelings. Mark made the deal happen while Barbra took risk on staying firm, so Kevin had to go with it
Wow. This is the most perfect pitch I've seen in Shark Tank. So smooth. And he got to work with two perfect sharks for this product. Bravo. Hard work paid off. 🎉
I love everything about Alexiou. He seems like a genuinely kind and respectful man.
If you have seen Kevin's documentaries and behind the scenese specials he is very serious about tone with family and businesses. I'm glad Kevin recognized the value right away.
Personally, I think the deal he got was pretty good. He came in asking 500K for 5% and got 600K for 20%. PLUS 2 people with crazy networks and experience. He pretty much got a pretty solid deal. What’s really important here is the reach and influence that Kevin and Mark have.
This dude is a class act, straight up and to the point. He's going to do great.
Message me directly on telegram so you could get your winnings immediately I got surprise package for you.....
he did indeed do great
What a down to earth, confident, gentle guy. He's on top of everything about his business, has great numbers to back up what he is talking about, and is so humble. Quite rare combination!
I don't think people understand what just happened....this man is good. He got the two people who actually wanted lol Great business right here.
My guy would’ve done 20% for 500k only if Mark was in it.. good for him that he got what he was looking for.!
This product was clearly targeted towards Kevin, and his audience. Kevin (much like the Rock) is in the business of using his fame to sell fitness, health and wellness products (among other things but primarily fitness.) Kevin wanted a billionaire with him to make it far easier for him to get this product out to the masses, it really didn't matter who.
@@ghostbravo7127 yep. I also believe that the guy wanted mark from the very start. He kept on looking at him when he never gave his offer. Also having 2 sharks will boost the business way more.
@@jigglypuxx2985 You assume
@@anyexpat More than an assumption, if you listen to what he says - Mark and Kevin were his targets.
Who wouldn’t want to work with this guy. Seems so nice and humble and hard working.
I'm not sure if I was recommended this because I'm Bahamian or not but, shout out to him. He presented himself really well. Furthermore, his grandmummy living nice if she can feel comfortable with her grandson. I know a lot of people that move in with their grandparents but it's really nice to see a guy being able to look out and support his grandmummy.
What a perfect pitch . Hes confident with his number and has all the info ready. God bless you ma man!
I remember Kevin Heart started only as a side kick in superhero movie. But look at him now. CEO highest paid comedian.
Guy giving the pitch genuinely has such a charming personality
Kevin and Mark got the best in this deal, nowadays with the pandemic that changes people live in so many ways, everybody wants to be healthy whatever the cost is, what important is health...amazing!
Dang, I've been an entrepreneur for 40 years, had a lot of success and enjoy what it is I do, but this guy inspires me. Way to go my man!
At 9:08 Mark was already calling Kevin when he countered with 800k for 20%. He got so excited with Mark that he didn’t counter. I’m sure they would’ve reduced to 15% for 600k or even gone 800k for the 20%. Anyway I hope his business flourishes he seems like such a nice person
Did not realize that. I think Mark was about to offer kevin a half/half of 800k at that point.
I love how Mark was sitting quiet and then just like that he took the deal
This guy's warmness and sincerity made me smile
I choked on my coffee and fell off my chair as I witnessed barbara almost making a deal
Omg his face lit up when mark joined
Wow he is so respectful and I’m actually going to be buying one ☝️
This couldn’t have gone any better for him!! I’m really happy for this man hope his doing it big rn!!!
His communication and quick answers are incredible!
Man is the definition of a perfect entrepreneur with the perfect business.
How is it perfect, its not required, there are no barriers to entry, people will likely buy for a year not for life.
LOVE this show. Even when entrepreneurs get turned down, thy inspire us. It's all about the motivation. Thank you for sharing.
Towards the end .. I loved the way the table turns ... Making the pitcher looks like the investor ... It's brilliant... To ever shift yourself from the position of an option to an opportunity...
This was probably one of the best pitches and response I have seen in awhile and I would love to try this product myself.
See my comment
wow Kevin and Mark as business partners, thats a solid team, and from what i have been reading, this business has exploded even more! good for this guy!
This was great and inspiring. I'm so happy for Mr. Gibson✊🏾
This is what a perfect pitch looks and sounds like. Kevin Hart was all business, Barbara wasn’t truly seeing the value in front of her . But mark did and went in for the kill. Great Episode. Kevin is not a guppy he’s a real shark. 😁handled himself really well in the tank.
This was the best pitch I've seen so far. Great story, great product.
I lived in the Bahamas for years I’m soooooo happy for him Huge accomplishment for this guy
Got tears! Such a humble guy with an awesome story!
That was a "feel good" deal. It put a smile on my face.
You can see this guy's happiness. He really put in a lot of work
I love how he kept thanking the other sharks in the end and not forgetting about them. He's a very respectful and humble guy!
Kevin saw his worth beyond the money. He could genuinely connect with on deeper levels.
This businessman is so adorable, like a cute teddy bear LOL even his voice sounds so kind and innocent. god bless him and I pray he succeeds
6:15 Kevin Hart: "Me being a health and wellness guy, I can understand how this could fit into my other verticals"
My favorite shark tank pitch ever! Love him, the product, and the negotiation.
And this ladies and gentlemen is how you present a business in Shark Tank. Everything in order and very well structured. No begging, no cringy moments and most importantly, a profitable business.
Completely attractive to any possible investor
Wow I'm so happy for him! He was humble and believed in his product. And it's healthy. He deserves it.
He's so humble. God bless this entrepreneur.
i love how he addressed them by their first names after the deal was made :)