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Most reviewers -- -- hit TV show shark tank actually get have to take their business off the ground.
But since appearing on the show cousins mean mobsters are there company take off so much that they still haven't even touched the cash they got from real -- patent Barbara Corcoran.
Today we're here with insulate -- and semen Lomax -- and how they're growing their business and taking their level of Maine lobster across the country to California.
So -- -- even think people for coming in with us today relative.
And you still have yet to spend that he'd -- that you got from Barbara Corcoran contract takes a what are you doing with that -- just keeping in a fund for a rainy day collecting interest.
I love Jimmy wanna go shopping and well.
Searchers -- shopping we we're not getting much interest on -- sitting in a checking account we decide to use it more of rainy day fund we've been lucky enough to to profit so far and -- putting profits back into the business and making sure that her investment.
Is there when we -- it.
OK and that sounds like a Smart move.
Very very illustrated like it I'm sure it is most entrepreneurs don't -- actually since sounds like a good move for you guys.
And your business is been open for eleven months now you and you've grown exponentially over the past years.
To food trucks and a brick and mortar and an online store to visit growth scary he said -- had 250000 dollars in 2001 day.
You know it's scary but it's exciting -- presents a lot of challenges along the way but yes in in eleven months who have started to trucks little brick and mortar in California.
And then beyond my chip -- -- Maine which we do you know out of southern Maine and chips nationwide.
That's where we had to order for 2000 dollars -- sales that day.
So it's a lot keep up live and to manage and oversee him and they continued to grow effectively.
And not take on too much balls and re able to meet that demand 250000 dollars when they have fifty employees right yeah huge dollar -- yeah we we were crazy.
If you know you go from zero to a hundred miles an hour overnight so we were definitely overwhelmed we were able to meet the demand he did a great job for employees are amazing.
But we learned a lot we learn more -- one -- that we've learned that a long time.
So where you aren't company that's actually good cooks are you just the face of the product I'm a better -- and Jim there's no question.
But not save him also everything else we we grew up in a household.
-- where there was always cooking going on what is my mom is mom who figured I could not -- blood -- beats us we're -- We always were -- cooking and we always around lobster growing up in Maine.
So when we really came -- this idea we said.
There's nothing to -- other -- the fact that you need to bring the best product which is -- Maine lobster I that's the essential part of this.
They're very they're very simple menus and recipes that are traditional -- that we grew up happening and -- doesn't take a you know and magical you know she after the best -- in the world be putting this together and -- save it -- the quality of the main.
You know laughs in the room and -- -- put in different you know a few different presentations of it and I -- speaks for itself.
And where you looking for that lobster -- you -- California did they not have what you guys were up on I mean yeah we couldn't find it you know we couldn't find the freshman lobster.
It seemed like a void that was missing and Jim came out and visited me and we are looking around like this would be this would be awesome.
To provide and we were there's so many transplants there from the East Coast.
Especially they loved so that was soon as we open and it's amazing how many people come in there like I'm from new Yorker I'm from -- I'm from New Hampshire thank you and they get so excited.
That's a really good feeling so what's it like working with Barbara court crane -- tough mentor I'm sure -- humiliated by.
I mean I think whoever is the best and may not just to say -- she's.
She's got some -- qualities that an obvious here experiences you know unparalleled he has this in terms are growing businesses and write her own.
You know business since she was very young.
Her her advice is second to none but ultimately she's very hands on.
She doesn't foresee doing things which he has a very strong suggestions.
And then it's kind of guiding you -- on the way.
You know she's she's always there for us through which is going into you hope.
But this is going to be -- and she's gonna be just what you really think she's in her team does I say exceeded all of our expectations he's always there for us.
And her advice is -- just read it she says things -- like.
We should a father yeah I usually do things -- yeah a couple -- of.
-- you said earlier that you're kind of yes thank you -- say yes everything you want to jump -- opportunities that come to you and you mentioned that one of the things that was presented what's the potential cookbook.
Still that's seems like a natural fit but when you know -- not the right fit and I -- scared -- fearful that you might.
Take an opportunity that isn't going to work for your business and make me he crashed and burned it.
I think especially -- our chart that the exposure you get people come to you and offer you some things and it's the ability.
Try and decipher what's the best thing.
What's real and what's kind of -- And that's a challenge and of itself.
Personally where -- opportunity get excited about.
But there may not be much substance so I'm sure and then it comes a point where you know we can really -- cause a lot of shots to as as we grow -- -- -- And -- jump on that there's times when I think something might be a great idea and Jim might not and vice Versa.
So it's hard and you -- you you -- get excited but the reality is its -- there's so many opportunities that's been presented.
We our goal is to stay focused and again that's where barber comes in because will come to -- -- say listen.
That is amazing idea and shall present an angle on it -- Will be.
It that an announcement sounds terrible yeah I don't think -- -- very Smart decisions and it's time for any art -- Rogers foxbusiness.com.
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