Latest / Success Story with Scott Clary / Lessons - The Shark Tank Experience | Aaron Marino - Alpha M & Serial Entrepreneur

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Lessons - The Shark Tank Experience | Aaron Marino - Alpha M & Serial Entrepreneur · Success Story with Scott Clary

• 0:00
  Okay, what's the what's the Shark Tank play? What's the Shark Tank experience?
• 0:03
  If you were two acts on Shark Tank, right? You were there twice. I was once. So what happened there?
• 0:07
  Try to get on a third time. They wouldn't take me back. They're like Aaron. What's the story now?
• 0:14
  Like shit. Um, yeah. So, so Shark Tank is like my favorite show. And for any entrepreneur,
• 0:19
  if you're thinking about, you know, or interested in business, watch Shark Tank. You know,
• 0:23
  the cool thing is that you can go, you know, they're syndicated now on, on, you know,
• 0:29
  television. So every night of the week, you can go and watch like episode after episode after
• 0:33
  episode. And so I came up with this e-product. It was my first stab at like an info product.
• 0:40
  I should say not an e-product because it was actually physically DVDs that I was trying to sell.
• 0:45
  It was an info product. I thought that, you know, a lot of the people that I am,
• 0:49
  I'm friends with in the space of internet, you know, business and sales. A lot of guys are like,
• 0:53
  oh, the e-product, the e-product. And so I came up with this style system. So my dad was like,
• 0:59
  well, how are we going to try and sell it? I'm like, I don't know. He goes, you should try and go
• 1:02
  on Shark Tank. I'm like, yeah, sure. And so literally, I remembered, it was a Friday night.
• 1:06
  I went home. I went to ABC's website and I applied. And on Monday, I got a call and, and they're
• 1:14
  asked for information. And it was three months later. I was pitching in front of the sharks in terms of,
• 1:19
  the Alpha M style system. They hated the idea. And, and I was like, oh, no big deal. You know,
• 1:25
  that's okay. I'm on TV. So it's going to be great. I'm going to sell, you know, thousands of
• 1:28
  these things. I'm going to be rich. Well, the night shark tank aired. I had like this big party.
• 1:33
  Everybody was around. And I was sitting there with like my, my computer. And I was like, ready
• 1:38
  for the sales to come rolling in. I literally, right? Nine million people watching the show. I sold
• 1:43
  one style system. Get out. Yeah, you sold one. I know people that are on Shark Tank. And they,
• 1:50
  they get like thousands of sales. It depends on what it is. Apparently, apparently, that was a
• 1:56
  real wake up call. Like, hey, stupid. This is not, this is not right. And, and so, yeah, it was,
• 2:02
  it was a bomber. So I was bummed out for a little bit. But then, you know, kind of got over it.
• 2:07
  And, and I am, I just realized that I'm not really an e-product kind of guy. And at least not,
• 2:12
  like physical DVDs. Like I said, I'm a dinosaur. Like, you can't even play a DVD on your computer
• 2:19
  anymore. Like, it doesn't even have that ability. And so if it was an app, or if it was like a web
• 2:24
  based like program that was less expensive, I think it would have been successful. And I still
• 2:28
  think it's a good idea. It's just, it wasn't the right application. And I wasn't the right guy to
• 2:33
  do it. And then I started a hair product company, Pete and Pedro back in 2012, 13, somewhere,
• 2:41
  2013, I believe. I started Pete and Pedro, which was a hair product company. And I went to my
• 2:47
  stylist that I was friends with Steven. I said, Hey, do you have any connections at any of these
• 2:51
  like labs that make hair product? I think I want to come out with a hair product line. And he's
• 2:56
  like, yeah. And so he gave me a number. I called him up. They sent me samples. I called a few other
• 3:01
  labs. I got samples. I, I chose my products. I, I started Pete and Pedro white labeling products.
• 3:07
  And my opening order, I believe it was, I started Pete and Pedro for $3,000. And so no,
• 3:14
  well, that includes everything. That includes my website. That includes my, my little stamps.com,
• 3:19
  like printing station boxes, inventory. I had five products, private hair products that I was
• 3:26
  selling. And I got 96 units of each. And, and it took me like five months to sell through that
• 3:31
  inventory. And yeah, that was, that was an amazing business. My first kind of business selling
• 3:37
  physical products. Other than I, I played around, I had a website also that I tried doing for a while,
• 3:42
  a membership website where I was selling like hand strung, like beaded bracelets. The problem was
• 3:47
  that I was sitting there at night and stringing these bracelets. And so not, not a scale. It's not
• 3:52
  fun. No. And so I've tried a ton of shit, man. I have tried a lot of things and, you know, a lot of
• 3:59
  things, some things have worked. Most things haven't, you know, and, and you just keep, you know,
• 4:04
  trying and throwing stuff against the wall and just scratching the, the curious itch. And that's
• 4:08
  kind of the takeaway. You know, I'm not scared to fail. Once you fail as big as I failed in terms
• 4:13
  of the fitness center and bankruptcy and all that, you know, failure, it's not as scary. And once
• 4:18
  you kind of get it out of the way and you realize that, okay, well, that sucks. It's things. And,
• 4:22
  and, and a lot of it, not only one of the worst parts about when you, when you, when you fail in
• 4:27
  business, it's not necessarily the burden that it places on you. It's the embarrassment of having
• 4:32
  to acknowledge that something that you tried didn't work to other people. And so when you get
• 4:37
  over, at least it was for me, you know, I can only speak for myself. But once you kind of get over
• 4:41
  that the ego of, yep, you know what, I tried it at least. And you realize that most people aren't
• 4:47
  even willing to do that, you know, and, and it's funny because the most people that are the most
• 4:52
  critical or the naysayers or the people that'll, you know, say, oh, you shouldn't do that or you're
• 4:56
  wrong. They've never done shit and they never will. They're just going to basically, they're more
• 5:01
  comfortable staying comfortable and would rather, you know, sit on the sidelines and point figures
• 5:06
  and, and say how you, you didn't do something right or you should have done this way. It's like,
• 5:10
  you know what, you know, F you, you know, I'm, I'm out here trying. I'm going to, I'm going to try.
• 5:15
  I may not, I may not be successful, but at least I, I don't have regret and I'm not doing
• 5:20
  something I don't want to do.