A 13-Year-Old Entrepreneur Counters Two Sharks – Shark Tank

I mean, going into high school
is stressful on its own, but with
the Wise Pocket Product, it's kind of a boost for me. I feel a confidence boost. Like, if I can
own a business, then I can go through school
and turn in that essay. Good for you, Sofi.
Thank you. You're already out there
hustling, thinking, creating, doing it yourself. So, you've got everything
that it takes to really be
a great entrepreneur. And Daymond and I
want to help you. ♪ He does quite a bit
in the sock arena, and he would like to do
an offer with me. I started off with Bombas,
they were doing $800,000, and they were donating
to people, and they donated
over 10 million pairs of socks, and they're doing
120 million now. And the donation is [ Greiner laughs ]
way more important to them
than the money. Overton: Yeah.
So… …what do you think,
Lori? We'll do the $30,000. We'll be 1/3 partner. Our goal is to try to find
somebody to license it. And then,
when we get to that point, we'll figure out
what the licensing deal is.

Do you want to take the $30,000
and give up 1/3 of your company? You got to make a decision.
Yes or no? ♪ You are right,
Mr. Wonderful. It's a lot of my company. I'd like to make
a counteroffer. Yeah, Sofi! Okay.
Let's hear it. Um… $35,000 for… 25%. Wow!
Whoo! Ooh! [ Laughs ]
Corcoran: Well, well, well. Sofi's got
negotiating skills! Greiner: So you're going up…
She had a little switchblade
in her sock on that one, huh? 25%? ♪ We will take that offer. Thank you so much. Yay! We're in the sock
business again!
Yes!
00:02:12.257,00:00:00.000
John: High five.
Thank you..

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