When you think of television, you look at your television and think of that as a TV. Is it credible; are there testimonials? Kevin Harrington and our award-winning independent media production company are leaders in direct and brand response television (DRTV/BRTV). During the many times I was in the hospital, she kept me positive. Tell us a little bit about that. I’m not making any money.” I had that happen one time. Your professionalism was a welcomed change. Since the partnership, the company has quadrupled its business and continues to thrive. I couldn’t think of a better entrepreneur to write our foreword especially because you’ve done it. The purchaser even commented that if it were not for your competent presentation, he would not have been interested in pursuing a purchase. I’ll give them a site to go to where for $18 they get the book and 30 days of free mentoring. I got involved with this company years ago when it was getting founded. That’s huge because there are only 32 million businesses employing over half the workforce. As a financial analyst at Seiler Tucker, Pablo collects and organizes financial data, runs future projections, and ensures financial statements are accurate. By identifying and correcting the top mistakes business owners make, Michelle will fine tune a business into a well-oiled machine. I’m happy to have my good friend, Kevin Harrington joining us. A renowned speaker, Kevin has appeared on stage for organizations like AT&T, Microsoft, United States Postal Service, Humana, 3M, FedEx, Albany University, Harvard, and MIT. I watch ten. Here’s my interpretation on how this business was sold in spite of a difficult situation: Michelle Seiler Tucker is a true professional who controls every detail of the process. I like the fail fast, fail cheap, and test before I invest because I’m not going to spend $200,000 on something and find out nobody wanted it. It’s important to get into the right associations. I say how do you get the right mentor? You’re a $5 billion man. They can recommend different folks and whatever. Everything is going to be an app and you’re going to be able to pull it in. Thank you. One was called the Franchise America Show and I had three franchises. There’s a big shift in the market. This is an amazing product. After meeting with you the first time, I could see your level of commitment would be different. This is one of my most exciting products I’ll tell you about. . Anybody that hasn’t gotten a mentor is missing out, and they need to find out how to get mentors. He was born and raised in Albany, New York. Where’s the best place to test a product? We had a close family. He has no money typically. By the way, if you’re going to launch a product, you have to have marketing dollars because Walmart, CVS, Target, and Walgreens, they’re not going to take your product if you don’t have some way to move it off the shelf. 18.03.2021 - With 40 Year Track Record, Harrington has Produced over $5 Billion in Global Sales, Launched over 500 Products Addison, TX, March 18, 2021 (GLOBE NEWSWIRE) - … You have to move fast, you better be prepared. Michelle Seiler Tucker is the Founder and CEO of Seiler Tucker Incorporated. They do a good job packaging and presenting the business so that it is user friendly for clients. I show up for everything. He joined tvshow named Shark Tank . Kevin Harrington Biography, Age, Wife, Products, Net Worth and Shark Tank. Generally, people think you’re the product guy, the As Seen On TV guy so I talk about that. Through this process, she empowers her clients to afford the lifestyles they have always dreamed of and, most importantly, deserve! No matter what diet or exercise routine you are on, you can accelerate your weight loss with just one Celsius each day. As a 20-year veteran in mergers & acquisitions, Michelle and her firm has sold over a thousand companies in almost every vertical. They’re like, “I’ve got to sell this. We provided services and I started taking equity in their deals because people say, “Thanks for putting me in this business but I could use some help. They were understaffed, so they had to do everything. Search for: Sign in Sign up. Michelle will do whatever it takes to work for you. If you didn’t put together some direct to the consumer strategy outside of your store, you may not be in business now. Zig Ziglar and Richard Branson were mentors to me but I had people that weren’t famous that were personal finance mentors. Kevin has 5 jobs listed on their profile. Any last tips you have for entrepreneurs, people trying to get their idea out of the incubator or business owners trying to exit? rxgenesys. He facilitates and negotiates a win/win transaction in which to ensure a seamless transition for our clients. Those are the two key successes to stay in business and staying alive. Let me give you my analysis. Many of these cable networks are not going to exist in a few years. Thanks again for a fantastic job! The Coolest Beverage Cooler On The Planet. Leah works with the Seiler Tucker team in which to oversee projects, ensure quality control and implement new systems & protocols. I was a young entrepreneur and I was struggling. I will tell you, there’s been a 50% decline in television viewership. After months of hard work and dedication on your part, you brought me not one but TWO acceptable offers! The bottom line is surround yourself with a couple of experts whether they’re paid, unpaid, mentored, or whatever. Innovating is key. There’s something called the IHA, International Housewares Association. He attended Tulane University and received degrees in Homeland Security, Spanish, and Portuguese. Due to the negative cash flows on papers, selling the business for close to the selling price seemed tough. Shogo graduated from Louisiana State University in International Trade and Finance. This is what I do. For example, Seiler Tucker informs all sellers and potential sellers not to tell employees, clients, vendors, etc. The process was non-existent as the couple was busy putting out fires. The owner of car-and-truck accessory stores was adamant about selling his business for $1 million, which was unrealistic. “At the beginning of the year, I was contemplating selling my Hand Therapy Practice with the anticipation of continuing to work part time in the business as a Hand Therapist versus Business Owner. For over 100 companies, Kevin Harrington is the inventor of the infomercial, As Seen On TV pioneer, and Original Shark on the Emmy award-winning show Shark Tank. I love getting in on the ground floor and it’s the old no wind to hold them, no wind to fold them. Obviously, you. know the publisher of HomeWorld Magazine, Peter Giannetti, and he is connected. You’ll be able to access all of the past interviews, but also all of the same articles. I get involved with companies at an early stage but I don’t just sit there, I help them. You’re going to get NBC on an app. I get a cable bill and it’s $300 a month. Throughout his corporate ventures, Harrington has launched more than 500 products, driving over $5 billion in sales.Twenty of his companies have each topped $100 million in revenue. He prepares and analyzes financial statements, conducts evaluations, maintains client relationships, prepares marketing materials. When we wrote Exit Rich with Sharon Lechter, we did the research and you’re going to be shocked. She has spoken alongside many prominent speakers: Eric Trump, Kathy Ireland, Mayor Rudy Giuliani, Donna Karen, Stedman Graham, Randi Zuckerberg, Steve Wozniak, and more. He’s a good man and a good partner. He created his first infomercial in 1985, founding a company called Quantum International, and his career has been on an uphill path ever since. I’m sure you’ve had some great mentors in your life too, Michelle. Thanks for reading. He was born in Japan and raised in New Orleans, he speaks both Japanese and English with a native tongue. I was an altar boy and all that good stuff. She closes nearly 98% of all written offers and, on average, obtains 20-40% above asking price for her clients. Nevertheless, many buyers saw the potential in the businesses, and several buyers wanted to bid on it. They’ve got thousands of members and it’s a nonprofit. My brothers and sisters were all still close. Carbon Cleaning Technology For Cell Phones, Tablets, Computers, Eyeglasses, Sunglasses, and more! It’s because they go to a lawyer who charges them tens of thousands in patent and legal fees. Therefore, we met with several other broker companies and interviewed several local and out-of-town brokers. Endorsement video from Kevin Harrington — Kevin will also produce a high-quality 90-second video of him endorsing your book. I met him at A4M Anti-Aging Show in Vegas. If they think they have something good, they should reach out to you, but who else would be in that category? I don’t know if you know this but it used to be 85% to 95% of the startups would fail in the first 1 to 5 years. I only invented one item. Welcome to the show, Kevin. We use Facebook and Instagram. The result of this effort was a multitude of meetings with prospective buyers in a relatively short period of time and a consequential sale in a very reasonable time frame. You hear about the big box stores all the time but you don’t hear about the small businesses. He uses his fluency in Spanish and Portuguese to communicate and establish relationships with clients from around the world. After digging deeper, the Seiler Tucker team found the sellers discretionary earnings to be $400k/year, No bank would provide lending on this business. I have spent over twenty years as a corporate executive, training leaders to be all they can be. They got bought out because they have the IP. We sing your praises for a job well done.”, “Let me begin by thanking you for successfully selling our Distribution Company. I feel sorry for people like this because they’re making payments on that $150,000 for the rest of their life and they got nothing. Here are his name and phone number.” You can always get the right people by connecting with the right people. © 2020 Kevin Harrington. Twenty of his companies have each topped $100 million in revenue. It was a natural built-in program to drive the people that want to buy the product at the stores. He is a graduate of Texas Tech University with degrees in Corporate Communications and Economics. We hit number one on Amazon and we’re working on some other lists also. I think you have definately found your calling. On today’s show, Michelle Seiler Tucker brings on American entrepreneur and business executive Kevin Harrington. If your product, let’s say is in housewares. The head of it knows a lot of the right people. We’ve been running product launches for years. Kevin has been featured on 20/20, CNN, Fox Business, Bloomberg, Jim Cramer’s The Street, MTV, Good Morning America, CBS Morning News, The Today Show, The View and The Daily Double on Jeopardy!. Did you ever sell a business that was doing $2 million in business and then a year later it’s doing $1.5 million because the new owner took it down the tubes and then they come back? There’s nothing there.” They said, “It’s an eighteen-hour-a-day channel, six hours a day is nothing.” The light bulb went off. I’m 1 of 6 kids. I’ve got about 300 or 400 channels. The couple were missing essential parts of the 6 Ps, especially People and Process. -Kevin Harrington. It’s great to be here, Michelle. Seldom do inventors come in with piles of cash and an idea because if they had the cash, they would have already spent it in their product and blown it. The second company was upside-down in inventory and accounts payable, and was headed into foreclosure, The seller’s ex-partner, brother & son were not agreeable to the terms of the letter of intent, Seller was going through a complicated divorce, Successful marketing efforts lead to over 550 Buyers looking at this business during the oil bust, Received several letters of intent (LOIs) within weeks of seller engagement, Was able to get the buyer up to $15 million from an initial bid of $7.5 million + $3,000,000 for seller’s second company for a grand total of $18 million for 80% of the company, Negotiated a salary plus benefits, plus equity, for the seller. A renowned speaker, Kevin has appeared on stage for organizations like AT&T, Microsoft, United States Postal Service, Humana, 3M, FedEx, Albany University, Harvard, and MIT. Do the pros out way the cons for a $15 minimum wage? Facebook paid $19 billion for WhatsApp and they were hemorrhaging money but they had a billion users and that’s what Facebook was paying for. Told the seller he would have to agree to seller financing. They build an Amazon business and sell it. Your diligence and attentive efforts have resulted in my retirement proceeding as planned. Therefore they were willing to outbid the other buyers. He’s the guy that invented it. The leads would come in, I’d sell the leads to the franchise company, and then I get a percentage of any franchises sold also. You made sure the client and I felt comfortable moving forward without pressure to sign the deal. You’re a true visionary. She works when the job demands it without thought to her personal time. Extracted from the heart of powerful IPS stem cells, using an exclusive, cutting-edge biotechnological process. The head of it knows a lot of the right people. She always kept promoting my business with such a positive attitude. As a member of the Seiler Tucker Team, Shogo Dunn contributes as a financial analyst and transaction facilitator. That way it was called the Small Business Center. I know you work like that too. He is a celebrity entrepreneur. We’re going to be talking about my book. Nonetheless Michelle and her team were able to complete the transaction in less than a year at a significantly higher selling price than the business was appraised for. Michelle Seiler Tucker’s remarkable track record proves her dedication to her clients and has solidified her as a formidable force in her industry. Her tenacity and focus is amazing! They stop asking your clients, “What do you need now? Her office staff does a good job administratively, as Michelle is always working with her clients. When launching a product, a lot of times, entrepreneurs don’t know who to go to and end up hiring the wrong person or lining up with the wrong mentor. During the due diligence, many issues arose regarding the transfer of intellectual property and MSA’s (Master Service Agreements). Kevin, you’re successful. I wanted to do it all myself. The offshore one was quite successful, even during a time when oil prices were plummeting. Act Now! We’ll know whether something is good. I’ve got something for you.” I’m like, “I’m racing to get to my plane.” “If you had one thing, what would it be for a young entrepreneur like me?” I’m like, “Okay.” We’ve talked about it here. I didn’t want to pay anybody else. Brookstone is a nationwide specialty retailer offering an assortment of consumer products that are functional in purpose, distinctive in quality and design and not widely available from other retailers. I wouldn’t be here if it weren’t for many mentors. Many of these businesses don’t always have the IP, they have the database. Leveraging innovative patent-pending stem cell technology, NuGene is changing the face of anti-aging skincare as the world knows it. I’ve got a guy from my personal finances, UBS, Merrill Lynch, big-time Morgan Stanley, X guys that are now helping me invest in my deals. That’s why he’s the Original Shark from Shark Tank. The bottom line is surround yourself with a couple of experts whether they’re paid, unpaid, mentored, or whatever. Home every other weekend idea out of business because they go to another place, of! Begin by thanking you for all your Photographic needs, get some good board,! Ago and then I want to get mentors recommend anyone who is thinking of buying or selling a business Orleans. Not have been interested in pursuing a purchase more compensation in order to sell these product lines at more! It if we didn ’ t know what it did for me to enjoy a very and! Built twenty businesses to over $ 100 million in 30 days for that. 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