ENTREPRENEUR: Johnson Bailey
PITCH: Man Candle
ASKING FOR: $50k for a 25% stake
BEST PART OF THE PITCH: A few years ago, Johnson was looking for a way to freshen up his stinky place. He wanted the place to smell good, yet manly. He created the Man Candle. His line of candles come in scents of pot roast, golf course, football, popcorn and draft beer—just to name a few. His best-selling candle has a scent that you may experience after being around someone who has had a lot of baked beans. 'Nuff said. Johnson had $53,000 in sales last year, which doesn't impress most of the Sharks. Mark says don't let the others drag him down.
DO THE SHARKS BITE? Kevin O. doesn't feel he can invest in a gimmicky product such as this one. He's out. Barbara doesn't think the business is big enough. Daymond says Johnson doesn't have cash, credit or enough customers. Robert doesn't believe this product will make any money. They are all out. Mark likes Johnson's attack dog mentality, but he can't visualize this as a full company. He's out, too. If only Johnson had a candle that smelled like money, Kevin O. would have surely jumped in.