Can Nana Hats revolutionize banana preservation? | Shark Tank US | Shark Tank Global.

🍌 Nana Hats is a company seeking investment on Shark Tank to prolong the life of bananas and reduce food waste.

👑 Nana Hats is the world's first banana preservation device that comes with interchangeable hats.

🦈 The entrepreneur is looking for a shark to invest $150,000 in exchange for a 10% stake in the company.

🍌 Covering the top of bananas with Nana Hats slows down the ripening process by reducing the spread of ethylene gas.

💰 Nana Hats can extend the shelf life of bananas by 8 to 12 days, providing value for customers.

🔗 The concept of using plastic wrap to preserve bananas in stores is similar to the methodology of Nana Hats.

🍌 The entrepreneur created a product to keep bananas fresh without using single-use plastics.

🏦 The entrepreneur, who works as a wealth manager, started this venture during the pandemic.

💼 The business achieved sales of $483,000 in 2021, with projections to reach $600,000 this year.

🍌 The entrepreneur pitched a product that puts hats on bananas and received positive feedback for their determination and success.

💼 The entrepreneur discussed their efforts to market the product to grocery chains and their pending Utility Patent for a banana preservation device.

❌ One of the sharks expressed doubts about the scalability and profitability of the business.

👨‍💼 The entrepreneur is the sole employee of the business and owns 100% of it.

🚀 The product has potential for success on Shark Tank, but it will require a lot of work to make a lot of money.

🦈 Multiple sharks are interested in investing in the business, offering different percentages of the money.

✨ The entrepreneurs are discussing a potential deal and negotiating the terms with the Sharks.

💼 They consider different options, such as involving or excluding certain Sharks in the deal.

💰 The negotiation involves discussing equity percentages and investment amounts.

🧢 Despite initial laughter, the Sharks became interested in the business after hearing about the sales and visionary plans.

👥 The entrepreneur is thrilled to have Lori and Peter as partners and believes they can make the business a household name.

❌ The video concludes with a humorous reminder to subscribe to the Shark Tank Youtube channel.