Shark Tank Lesson 2

What does Licensing mean?

• Allows someone to do something that they otherwise are not allowed to do

• The amount of money a product makes

• A Driver's License

What does investment mean?

• The grocery store

• Something we put our money in to help it grow

• The product's name

• The "Sharks"

What does entrepreneur mean?

• Money

• The name of the product

• Someone who decides to run a business

What was the name of the product?

• Basketball

• SpikeBall

• The Unicorn

What type of product was it?

• Sporting Equipment

• Food

• Fashion/Clothing

What does it mean to own a business?

• Being the director of a movie

• Being a server at a restaurant

• To be in control of the money and supplies

What does "Patent" mean?

• The owner of an invention

• The owner of a pizza shop

• The Shark's

What does "Gross Sales" mean?

• The total amount of money BEFORE returns

• The total amount of money AFTER returns

• Your paycheck