ENTREPRENEUR: Cactus Jack, from Iowa.
PITCH: Body Jac, a fitness machine with a series of bands that are different weights, to make pushups easier.
ASKING FOR: $180K for a 20% stake in his business.
BEST PART OF HIS PITCH: Explains that he's always been a risk taker, and has sold 10 million products. He also says he was a millionaire by the time he was 32, flat broke by the time he was 38 but that he got back up and started again.
THE SHARKS BITE WHEN: He's made $7 million off another product. Plus, his body builder daughter demonstrates the Body Jac for the Sharks. Kevin Harrington sees the potential, and offers to put up $90K for 50% of the company. But he says Jack needs to convince another Shark to go in with the other $90K, or his deal is off the table. Barbara offers the $90K on the condition that Jack loses 30 lbs. himself using his product. Daymond says he'll put up the full $180K, but wants 50% of the entire Cactus Jack company, not just the Body Jac.
RESULT: Jack accepts Kevin Harrington and Barbara's offer.
WANT TO KNOW MORE: Visit www.bodyjac.com.