Background:SharkTankisanunscriptedseriesonABCthatfeaturesapanelofpotentialinvestors,called"sharks",thatconsideroffersfromaspiringentrepreneursseekinginvestmentsfortheirbusinessorproduct.Theentrepreneurcanmakeadealontheshowifapanelmemberisinterested.However,ifallofthepanelmembersoptout,theentrepreneurleavesemptyhanded.The"sharks"oftenfindweaknessesandfaultsinanentrepreneur'sconcept,product,orbusinessmodel.

TODAY’SACTIVITY:WewillbecarryingoutaverycloseversionoftheSharkTankprograminclassusingmid-19thcenturyinventions.YouwillbeinvitedaseitheramemberoftheSharkTankORtomakeapitchasarepresentativeofaMid-19thCenturyMarketRevolutionentrepreneur.

EachSharkTankmemberwillrankinorderwheretheywouldinvesttheirmoneyandtheywilldecidetheirrankingsbasedontheentrepreneurrepresentatives’presentations.

SharkTankmemberswillbeallowedtodecidetoinvesttheirmoneyinall,none,oranynumberinbetween.

Entrepreneurrepresentativeswillpitchtheirinventionand“sharks”canaskquestionstobetterhelpthemmakethebestinvestmentdecision.

EntrepreneurRepresentatives/ContestantGroups:

1.GovernorDeWittClinton/ErieCanal

2.John Fitch and Robert Fulton/ Steamboat

3.JohnStevens/Railroads

4.SamuelF.B. Morse/Telegraph

5.FrancisCabotLowell/Factorysystem

6.Samuel Slater/ Textile Mill

7.EliWhitney/Interchangeableparts

8.Eli Whitney/ Cotton Gin

9.JohnDeere/Steelplow

10.Elias Howe & I.M. Singer/ Sewing Machine

11.Cyrus McCormick/ McCormick Reaper

Step #1: Research & Creation of Presentation

Research your topic. Create a PowerPoint that has the following criteria. You must follow this format and refrain from differentiating from the criteria.

Slide One: Overview of your product (What is it? What will it be used for? Who invented it? Brief history of it?)

Slide Two: Pictures &/or Blueprints

Side Three: Resources used to sell/make your product? Overall cost needed to produce your product (ballpark)?

Slide Four: Audience: Who do you intend to use this product? What are comparable products and why is your product better?

Slide Five: Profit Margins: Short Term & Long Term Projections & Expectations?Benefits? Anticipated accomplishments? Why should your group receive the investment money? How will your innovative product benefit industrialization?

Slide Six:(Optional: Any additional information that may enhance your presentation)

Since you are trying to raise money for your product, you obviously want to focus on the benefits and omit the weaknesses. However, you might want to anticipate weaknesses and brainstorm clever ways to counter the weaknesses when brought up by the Sharks.

Remember that since you are presenting the information on your PowerPoint, your PP should emphasize the major points that will be made during the 4-5 minute presentation. When presenting, you should refrain from reading word from word right from the PP. The PP should only be used as guide for your presentation.

Step #2: SharkPresentation: What’s your Pitch?

Present your pitch via PowerPoint. The audience members (the sharks) will complete the “Tank Member Notes” for each presentation. After the PP, be ready to answer clarifying questions from the Sharks! Your presentation should not exceed 5 minutes & answer of questions will not exceed 5 minutes.

Step #3:Resolution

Each Group will also be assigned the role of “Sharks.” Each group will complete the Money Allocation Activity and present & justify its decisions to the class. (You cannot allot money to your own group.)

Grading: PowerPoint & Presentation (30pts)

Emphasis on Quality of Information Presented & Quality of

PowerPoint. Preparedness, Professionalism, and Overall Clarity

of the Presentation will also be considered for grading purposes.

Money Allocation Activity (15pts)

Completion w/ emphasis on quality (justification) of rationale

APUSH19thCenturyMarketRevolutionNameSHARKTANKMEMBERNOTES

  1. GOVERNORDEWITTCLINTON’SERIECANAL

WHATILIKED:
WHATCONCERNEDMEABOUTTHISINVESTMENT:
POTENTIALFORLONGTERMGROWTHOFMYINVESTMENT(20yearsfromnow):
2.John Fitch AND/OR Robert Fulton/ Steamboat
WHATILIKED:
WHATCONCERNEDMEABOUTTHISINVESTMENT:
POTENTIALFORLONGTERMGROWTHOFMYINVESTMENT(20yearsfromnow):
3.John Stevens/Railroad
WHATILIKED:
WHATCONCERNEDMEABOUTTHISINVESTMENT:
POTENTIALFORLONGTERMGROWTHOFMYINVESTMENT(20yearsfromnow):
4.SAMUELMORSE/TELEGRAPH
WHATILIKED:
WHATCONCERNEDMEABOUTTHISINVESTMENT:
POTENTIALFORLONGTERMGROWTHOFMYINVESTMENT(20yearsfromnow):
5.FRANCISCABOTLOWELL/FACTORYSYSTEM
WHATILIKED:
WHATCONCERNEDMEABOUTTHISINVESTMENT:
POTENTIALFORLONGTERMGROWTHOFMYINVESTMENT(20yearsfromnow):
6.SAMUELSLATER/TEXTILEMILL
WHATILIKED:
WHATCONCERNEDMEABOUTTHISINVESTMENT:
POTENTIALFORLONGTERMGROWTHOFMYINVESTMENT(20yearsfromnow):
7.ELIWHITNEY/INTERCHANGEABLEPARTS
WHATILIKED:
WHATCONCERNEDMEABOUTTHISINVESTMENT:
POTENTIALFORLONGTERMGROWTHOFMYINVESTMENT(20yearsfromnow):
8.ELIWHITNEY/ Cotton Gin
WHATILIKED:
WHATCONCERNEDMEABOUTTHISINVESTMENT:
POTENTIALFORLONGTERMGROWTHOFMYINVESTMENT(20yearsfromnow):
9.JOHNDEERE/STEELPLOW
WHATILIKED:
WHATCONCERNEDMEABOUTTHISINVESTMENT:
POTENTIALFORLONGTERMGROWTHOFMYINVESTMENT(20yearsfromnow):
10.Elias Howe & I.M. Singer/ Sewing Machine
WHATILIKED:
WHATCONCERNEDMEABOUTTHISINVESTMENT:
POTENTIALFORLONGTERMGROWTHOFMYINVESTMENT(20yearsfromnow):
11.Cyrus McCormick/ McCormick Reaper
WHATILIKED:
WHATCONCERNEDMEABOUTTHISINVESTMENT:
POTENTIALFORLONGTERMGROWTHOFMYINVESTMENT(20yearsfromnow):

Name: ______Date: ______Period: ______

Shark Tank: Appropriating Funds

Keep true to your assigned perspective when determining which innovations are essential for the American Industrialization efforts.

Rank / Name of Invention / %OFTOTALINVESTMENTTOGIVE
(Total Must Equal 100%)
(TOTALMUSTEQUAL100%)
1
2
3
4
5
6
7
8
9

APUSHMARKETREVOLUTION

GROUP#/Invention

StepOne:FilloutthisSWOTANALYSISCHART

StepTwo:Onceyou’vecompletedthechart,identifythestrengthsandopportunitiesofyourinventionbothSHORTTERMandLONGTERM(20yearsfromnow):