Metro Tech: Marketing Students are Taking The Ultimate Test, Pitching Their Business Idea to a Panel of Professionals in The School’s Version of The TV show “Shark Tank
Posted by Communications at 3/8/2017
Metro Tech marketing students are taking the ultimate test, pitching their business idea to a panel of professionals in the school’s version of the TV show “Shark Tank.” Developed by sports marketing teacher Jeffrey Howard, four teams made their pitch March 1 in front of representatives from Washington Federal and EverFi, an online financial literacy program for students. The concept was food trucks. There was Papa Paul’s Pizza, Exotic Scoops Ice Cream, JV’s Super Tacos, and Beefish. Adding to the pressure, Channel 3 came in to do a live report, interviewing Erick Valenzuela, Christian Bocardo and Yamely Martinez of Beefish. Beefish combines two of the most popular food truck items- fish and tacos. An added twist was an ap, called “Mobile Munchies,” where “foodies” could track the location of their favorite food truck. After asking for $180,000 and 15% share in the business, the Beefish team watched the judge investors battle each other, until two came together to offer $250,000 for two trucks, and 30% share of the business. Eight teams were trimmed to four teams, and one team will be declared the winner. It might not be real money, but the experience is real world.