Kevin highlights an evident fact вЂ“ when you look at the lifespan of her company, she’s got made just вЂњhundreds of bucks,вЂќ and then he really wants to understand how she gets by with therefore small income. Lori begins by saying she can possibly afford to live in New York City that she has made $56,000 in 3 and a half years in New York City, and Kevin asks how. Lori reveals she was there, she had a pretty amazing wardrobe that she was an architect for four years prior to founding CheekвЂ™d, and in the time.
She really committed to making it happen when she came up with the idea for CheekвЂ™d, only 5 years before the airing of this Shark Tank episode. She offered her wardrobe that is entire she has already established to go in along with her buddies. Up to now, she’s got spent $120,000 of her very own cash. Kevin brings within the reality that is brutal 36 months went by, CheekвЂ™d is making no cash at all, and KevinвЂ™s concept of a spare time activity is вЂњsomething that never ever makes cash after 36 months.вЂќ Lori has lost her apartment, she actually is starving, and she actually is being lost by her company вЂ“ what else could she perhaps sell before having absolutely absolutely nothing? Read more