vendredi 11 septembre 2015

Shark Tank fans - try "West Texas Investors Club"

If you like Shark Tank, you'll likely enjoy "West Texas Investors Club", a new show on CNBC. (It's currently airing new and repeats and Comcast On Demand has all of the episodes right now.)

Butch and Rooster (the latter being Matthew McConaghy's brother) are self-made millionaires who look and sound like hillbillies. But they are so much more than that. The show takes the Shark Tank model and turns it upside down. For instance, they fly the entrepreneurs to Texas on a private plane, then have their friend and mentor Gil (a hard-drinking, craggy, disheveled older man who's actually a Music Hall of Fame singer/songwriter) pick them up in his old pickup truck. Gil's supposed to give them a mini-interview to know the person ("we're more interested in the person than the product") and relay back what he learns to Butch & Rooster.

These business-savvy guys ask the typical "shark" questions about the product: the numbers, the sales, marketing, etc., and they are NOT pushovers in any sense of the word. Based on what they learn from the initial pitch, they put the entrepreneur under the gun into, as Buth says, "a real-life scenario to see what their character is all about". For example,

Spoiler:
one lady who had a good product but seemed like a poor leader was taken to Rooster's farm to lead the "lazy" farmhands on various tasks throughout the day, such as rounding up the bull, painting the fence, washing the horses, etc.


In the end, sometimes they invest and sometimes they don't but it's hugely entertaining to see how they get to their final decision.


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