This was amazing for their marketing, the Sharks practically begged them to drop their quality and they stood their ground. Makes sense why the company is still operational.
I mean, it's soup. Doesn't have to be perfect. The sharks don't want to invest in a business that sells a 3 day supply of soup for $100 and costs them $50 to make. It's an extremely niche product and that's perfectly fine but their growth is stunted unless they lowers costs to produce and cost to consumers. Their valuation was way too high
Ye i thought the same but when you think about even if they gain 100k new customers from the hype they will only make 5% off them,its not enough,if they were clever after the show they should have made each soup $1-$2 more(for new customers) to profit off the increase in hype and get the cash injection they need,people will pay more for something thats trending.
@@hurleycapetown8420 She only had the 5% margin, because she used the profits to fund the new model. It was a Barbara-esque reason to go out. Truth is, Sharks are extremely risk-averse, because there's only one billionaire between them.
They did great charging $100 for 6 bowls of soup during America's bullish market. Let's see if they can withstand our current recession though without making concessions.
its 4 soups a day and one is approx 9 bucks,its healthy too,so many could afford that much,i have had it,its great Edit: You can eat 3 soups a day for 4 days, That is approx 18$ a day for healthy soups,like man people spend the same amount for one coffee at starbucks
@@jimmyc6686 That's because your mother is a good human being. Her conscience is clean when it comes to her business. You should be proud and happy that you have a mother with such strong values. They made a living and took care of you. Good for them.
No, she’s not in the right. You don’t come to an investor asking for money claiming a $5m valuation when you are maintaining a 5% profit margin, and actively refusing to give up an unnoticeable amount of quality by refusing to use a co-packer. Whether they make $500 million or $1 million, 5% profit implies their fixed costs and QA will consistently be a burden to their profitability. You need to be able to give up quality if you want to profit from nationalizing like they want, otherwise stay local.
I used to live just a few doors down from a Soupergirl girl store in Takoma DC, back in 2018. Lori is right, I never went into the store (soup isn't my thing), but the brand name stuck in my subconscious all this time. The moment I heard the name on this episode and heard they were from DC, I was like "Nah it can't be those guys from that tiny little Takoma store!" But it definitely was! Hope they're doing great.
@@poopee-vu8xt no they are not. In fact they are quite successful. Their growth is slow but consistent, I did a google search and found articles about them.
Their website is awesome and they’ve really expanded! I love Sara’s dedication to high quality and value, even if it means some setback. Her mindset obviously paid off: during the airing, they had a net worth of $5 mil. They’re net worth now is about $21million. Higgins even approached Sara and her mom to help after the episode.
So happy to see the sharks end up being wrong on this one. 9.1mil in revenue last year with current net worth of 21M and growing. Quality still matters.
@@christianjames92 they'd have to sell 100 million to make 5 million and give the 500k (what they asked for) back. So they're still far away from that, but seems like they're trending up
9.1mil in revenue but if their profit margin still around 5% and how much % did they sell of this company and does this company still have depth? Amazed how people just watch revenue.
You see so many Shark Tank deals get agreed to on the show that end up falling through later. This was one of the only times I can recall seeing the inverse - the Sharks rejected them but Matt later called them up and changed his mind. They brokered and finalized a deal after the fact
I feel like the sharks sometimes think the only way to run a business is what they know and will gang up on an entrepreneur and shout them down if they don't agree, rather than listen and understand. I respect how Matt tried to support and encourage these women, but the others tried to shout him down too! More power to these two women who did not take a beat and are going strong, valued at 21 mil now.
Did you heard what daymond said? With the amount they’re making they would have to sell 100 mill for him to get his money back. Of course no one was going to invest with those profit margins.
@@antoniomartinez6603 Their profits only went down because they reinvested the money. And 5% of 100 mil is 500k, but that's discounting every year leading up to that 100 mil, so it was a BS reason to bail out.
@@paemonyes8299 there is no need to avoid it. There is tons of evidence that msg is perfectly fine and only very few people have an actual msg intolerance
I looked on the website and it’s on average $8.99 per 16oz soup. That’s not bad compared to restaurants who sell it for the same price or more. and you know for a fact it’s not even close to the quality of this soup. Not a bad product in my eyes. They have a ton of options.
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@@christopherramirez6086 I eat healthy and I got to say, if you spend more then 15 to 20 a dollars a day on a week day, not counting the weekend or special occasions. That's a bit too much. So 13.33 per soup is too much. And I love soup. I have some kind of soup once a week at least. I could make my own soup and have some for the next day for 5-6 kosher also. Soup is a easy and one of the more forgiving food items you can make, it's not an expensive beef wellington or a fragile souffle.
She’s not a businesswoman, she’s an inventor and a cook. She needs a partner who can run the business side or at least help guide her decision-making process. But these are Sharks. They’re already rich. They don’t need to take risks. She needs a partner just not one of them. But they’re successful for a reason. I hope she listens to them. They already invested in her. Invested their time and advice. That’s super valuable.
Dude… she ended up being right. Her company ended up thriving despite the fact that she kept the same quality and the same prices. Her company is now worth 21 million and running strong. She has completely ignored their advice and lucky that she did so, because their advice has proven to be worthless
And she’s a presenter and entertainer. She has a very pleasant attitude and I love how sweetly she expressed her points but yes she needs help running the business.
Ultimately the sharks weren't sold on their numbers but with their level of confidence and know-how I wouldn't be surprised to here that they found a way. Sometimes all it takes is the right investor who connects with their story and believes in them.
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I used to deliver cookies and moonpies to their kitchen in DC that was downstairs. Insane operation at the time...dozen people just cranking out soup. Amazing to see they made it on to Shark Tank.
Worst pitch? maybe. Worst product? hardly. They’re wildly popular to this day, Matt Higgins’s called them back after this aired and gave them the mentorship they sought after. They received a 2million dollar investment and are operational to this day
They were very lucky that after the show Matt Higgins reached out to them and helped them out in an advisory role and also took on other investors in of a similar market to help them out. The only thing I couldn't find was the net worth of the company though their revenue last year was 9 million. Sara was also one of five winners of Kroger’s first “Go Fresh & Local Supplier Accelerator".
One thing about the entire "tank" is that they're firmly entrenched in stale "in the box" thinking. It's the reason they passed on the Ring doorbell security system. Most people could have seen that there would be a demand for the product, and all they could focus on was that it wasn't something already on the market.
@@klocke5247 about this company, the issues were not about the product at all. Their business did not have a good profit margin. I always find it interesting when businesses say “we made 1 million dollars in Total revenue.” My first thought afterwards is always “how much profit did you bring in?” Doesn’t matter how much money you make if you can’t keep it for the business. Honestly, I’ve seen more deals not close based on finances lately instead of the product itself.
@@Pickledfeet165 Don't know if that's true for this product, but it often is the case that mass production is required in order to get the manufacturing costs down to where you can have both a good margin and an attractive retail price. That's the "scaling" often mentioned. Kind of the point of going to venture capitalists. To get the financial backing to do just that. The sharks misjudged the market badly. Obviously, Amazon didn't, and somebody would have jumped on it if they didn't. My pet peeves about the show is kind of the opposite of yours. When the sharks get so pleased about an outrageous markup, I always think so what? Literally anyone can try to sell something for $25 that only cost them $1.75. Won't do any good if few people want to buy it at that price.
What I really liked about this episode was that there was a lot of back and forth with regards to company, numbers, business model and product. Really enjoyed it!
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Eh i mean if you’re buying the can yeah sure. But not one person eating healthy and caring about the salt stuff it has will do that. You just make it yourself which honestly, costs nothing almost since soup is so cheap to buy from the pack. All you need is water, meat if you want, vegetables and some salt pepper things like that and you got yourself a good soup.
finally someone with sense on this goddamn page haha - im reeling in pain from reading the comments all just completely missing the entire point of the video and trying to congratulate this woman - it's downright crazy - and if she DID have quality worth all that then she needs to BUILD UP to brand awareness of it - START SMALL - People like her are too crazy scaling and not earning their way forward slow but sure.
@@bd4597I mean they are doing something right cause they are worth more now. When you are surrounded by horrible all salt food, your product is going to stand out. To be honest when you cook, you will know that cooking sometimes cost the same to make the soup they are making. Like only a 1 dollar difference. And restaurants charge double for the same kind of soup. So to be honest they are not wrong.
After the show, guest Shark Matt Higgins called them back and said "he regretted what happened and wanted to change the ending." He offered his mentorship to help them succeed and became their business advisor. It is 2024 and the company is doing pretty well. Sharks were so wrong.
Love their soup and often visit their store in Takoma Park, DC. They serve vegan soups, salads and sandwiches. I’ve also seen their soup sold in local Costco’s and grocery stores.
your only offering me a glimpse of the Financials I need a complete business analysis of the employees owner location product partners shippers etc......
I have major respect for her determination to make a quality product. The sharks have gotten so out of touch and greedy that they dismiss quality over profit.
So you mean she's been lying to us this whole time? 😆 🤣 . Mr Wonderful's one line wonders are so underrated ! He brings so much quality to these shows.
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I heard that later on that day, Barbara came in and tracked down the women and said that she tried the soup and also loved it and for that reason she was also out.
They don't need the sharks. They can fix those problems on their own. Obviously the product is good or it wouldn't have sold so much. The problem always with Larger food companies pushing the smaller ones out is, the big ones can afford to keep their prices low.
@@tasha1985 intellectual, they think they need a shark but they dont. who gave you the idea that the fact that they are on the show is solely because the NEED cash and help for the business to spike
After a round of Series A financing, Soupergirl closed with $2 million, welcoming on funders from other, similar healthful food brands, including Seth Goldman of Honest Tea and Beyond Meat, and Glen's Garden Market founder Danielle Vogel, reports Vegconomist. - 15 Dec 2021
This is the issue, they want to give the customers the best healthy soup but the sharks only see the margin and want to make money even though it might compromise the health factor. this is the world we live in
95% risk 5% profit and 640k debt but is the product good can you raise the profit can you restructure the debt what skills is business owner missing ? whatttttt? deception is often omitting the truth .
Tbh what she’d need to do is open up a soup themed restaurant maybe and start selling it that way. Have it be a sit down place where you can get your soups. And then when you go to pay you have the jars of it at the register you can buy to take home! Not sure if she’s still in business but I’d go to something like that lol
Maybe, but I have never seen a soup themed restaurant make it. The restaurant game is just a different beast. I think the learning curve on the restaurant business side of things would eat her alive before she could become profitable. Not a sleight on her, it's just that a sitdown restaurant has it's own set of demons.
Soupergirl goes to Richmond Vegfest(Festival in Richmond VA) often, and they really do focus on quality. Might not be for me, but I fully support quality based business over low quality products for more money.
I love these updates. I did find them online and thought their website is great. I live out of the country but I'll keep this in mind for my next trip to the US. Their food looks amazing!
Well they can’t have grandma making soup for each individual customer so they’re going to have to do it on a mass scale with less care. If you want to get food shipped (which already lowers the quality) all over the country in time to eat.
Apparently they're the exclusive soup provider for all Lidl grocery stores in the mid-Atlantic region. They're also in hundreds of major markets including Whole Foods, Costco, Amazon Fresh, Harris Teeter, and Mom's. So looks like the Sharks didn't really know what they were talking about.
Should have lowered overhead cost on her packaging and production to make it more profitable than 5%. Regardless, with such stable revenue she'll figure it out.
I remember Soupergirl when it was being sold at a Farmers Market near Metro Center in DC. She wanted way too much for the serving size, and the soup did not look that appetizing.
The sad thing about entrepreneurs is that they’re not willing to do what they need to do in order to make a huge profit. I understand she wants HER type of quality but if people are going to but not even realizing the difference in quality, why not go that way? You have to do what it takes and putting your feelings with money is not a good way to continue your business.
This is tricky though. Like that perfect soup only makes sense if you are selling high end customers. What kind of people do they want? If you want to get it to the poor meaning greater sales , you have to compromise on quality.
her mother was loving that someone finally told her this stuff ... i bet she's been trying to for years but it was impossible for that woman to listen to anyone
"Why do we need a phd to read the ingredients?" Proceeds to read a very commonly known thickening agent, MSG, and a decription of how the chicken is prepared.
“NO SOUP FOR YOU”
Yeah you know she was waiting to pull that one out of the holster lol
I just realized that was from Seinfeld! 😅
And for that reason I am out
“You want soup?”
Also she Proved 10,000 comics out of work she's one of those.
“No more Falafel for you.” -Ross Geller
This was amazing for their marketing, the Sharks practically begged them to drop their quality and they stood their ground. Makes sense why the company is still operational.
I mean, it's soup. Doesn't have to be perfect. The sharks don't want to invest in a business that sells a 3 day supply of soup for $100 and costs them $50 to make.
It's an extremely niche product and that's perfectly fine but their growth is stunted unless they lowers costs to produce and cost to consumers. Their valuation was way too high
Ye i thought the same but when you think about even if they gain 100k new customers from the hype they will only make 5% off them,its not enough,if they were clever after the show they should have made each soup $1-$2 more(for new customers) to profit off the increase in hype and get the cash injection they need,people will pay more for something thats trending.
@@hurleycapetown8420 She only had the 5% margin, because she used the profits to fund the new model. It was a Barbara-esque reason to go out. Truth is, Sharks are extremely risk-averse, because there's only one billionaire between them.
Good point!!!
They did great charging $100 for 6 bowls of soup during America's bullish market. Let's see if they can withstand our current recession though without making concessions.
Not paying over $100 for 3 days worth of soups. Bad idea.
Especially in today's economy, it's ridiculous.
its 4 soups a day and one is approx 9 bucks,its healthy too,so many could afford that much,i have had it,its great
Edit:
You can eat 3 soups a day for 4 days,
That is approx 18$ a day for healthy soups,like man people spend the same amount for one coffee at starbucks
thats $33,33 per day for 4 soups, quite reasonable if you ask me but at first glance could be a deterrent.
I thought the same thing when I heard the prices but hello fresh works somehow and I think that's insanely expensive and extremely annoying
That's white people s#!t $100 for Soups 🍲 when Cambels is like c99
"No one can make this quality"
She is the Walter White of soups lmao.
"Say my name."
"Campbells"
"You're goddamned right."
LOLOL
Jessie get the broth. We’ve gotta cook.
its 99.1% Pure soup, the .9% is the rat from the kitchen 😂
She really puts her heart into the quality. When she was like “exactly!” I was like “she’s right!”
Naysayers: Nobody does what you're trying to do.
Difference Makers: Exactly!
And yet they're on the brink of bankruptcy
@@Curteezy sounds like something a flat earther would say
And your the fool paying 100 bucks for soup. You could make for 20
@@clintair130 its 100 bucks for 12 soups, thats 8.33 for each which is pretty decent
Kevin is literally just a cartoon business man who got glitched into reality.
Lol
Lol
Lmao he didnt even try to hide it
Fr
Exactly he's like teen titan villain lmaoooo
Perfection is the enemy of profitability-
Mark had just revealed one of the sacred secrets for profitability in the business.
OK, but sloppiness has been the downfall of countless businesses
Scared?
@@michaelweston2285 That's the trick.
The entrepreneur should be maverick enough to gauge the thin line between sloppiness and viability.
Reason why my parents only made "a living" after 33 years in business. My mothers perfection ruined chances of millions $
@@jimmyc6686 That's because your mother is a good human being. Her conscience is clean when it comes to her business. You should be proud and happy that you have a mother with such strong values. They made a living and took care of you. Good for them.
She’s in the right. She stood her ground on wanting to maintain her quality. Good on her!
I agree. Make sure the quality is right and quantity should follow. Why start with low quality soup then try to scale to higher quality? Bad idea.
Now, I want the soup 😂😅
No, she’s not in the right. You don’t come to an investor asking for money claiming a $5m valuation when you are maintaining a 5% profit margin, and actively refusing to give up an unnoticeable amount of quality by refusing to use a co-packer.
Whether they make $500 million or $1 million, 5% profit implies their fixed costs and QA will consistently be a burden to their profitability. You need to be able to give up quality if you want to profit from nationalizing like they want, otherwise stay local.
yeah, that's great, but did you buy her product?
I agree but her prices do need to come down
I used to live just a few doors down from a Soupergirl girl store in Takoma DC, back in 2018. Lori is right, I never went into the store (soup isn't my thing), but the brand name stuck in my subconscious all this time. The moment I heard the name on this episode and heard they were from DC, I was like "Nah it can't be those guys from that tiny little Takoma store!" But it definitely was! Hope they're doing great.
Did you ever buy
u should support
they are dead company now
@@poopee-vu8xt no they are not. In fact they are quite successful. Their growth is slow but consistent, I did a google search and found articles about them.
Lmao facts I live 10 minutes from them and I always recognize them whenever I walk near the metro. Soup mid tho
She has a good sense of humor but you can tell she is educated and knows her stuff
10,000 comics out of work she's one of them
Knows enough to deceive you
At no point did I think "Wow this woman is really intelligent." She was just a regular woman that had high standards of quality.
That's why they're bankrupt.
No lol
Their website is awesome and they’ve really expanded! I love Sara’s dedication to high quality and value, even if it means some setback. Her mindset obviously paid off: during the airing, they had a net worth of $5 mil. They’re net worth now is about $21million. Higgins even approached Sara and her mom to help after the episode.
What’s their website
Literally use ur brain and look up the company name
Net worth ?
Is the 21 million profitable or still have 5% margin?
@@thehorde4868 5% is still profit, anything over 0% is lol. But I’m sure it’s changed since
barbara: "the soup was delicious and for that reason im out"
Hilarious! Lolol
Hahahahahahaha actually I can imagine Barbara not being present and yet making anything to drop out any business
Poor Barbara always being made fun of
Babaras the best. Idc what no one says 😅
@@leonardodtc1493 and for that reason I pout.
So happy to see the sharks end up being wrong on this one. 9.1mil in revenue last year with current net worth of 21M and growing. Quality still matters.
iam glad they didn't offer them anything they would turned it into low quality for profit and they where so open about it disgusting
You do understand that you're making their point right? they'd have to do 10 times that revenue to get their money back.
@@christianjames92 they'd have to sell 100 million to make 5 million and give the 500k (what they asked for) back. So they're still far away from that, but seems like they're trending up
The only thing they're doing is selling a lot of soup and making little money
9.1mil in revenue but if their profit margin still around 5% and how much % did they sell of this company and does this company still have depth? Amazed how people just watch revenue.
You see so many Shark Tank deals get agreed to on the show that end up falling through later. This was one of the only times I can recall seeing the inverse - the Sharks rejected them but Matt later called them up and changed his mind. They brokered and finalized a deal after the fact
And now they’re stocked at Costco! Amazing soup, I could eat it every day.
what flavors have u tried
I feel like the sharks sometimes think the only way to run a business is what they know and will gang up on an entrepreneur and shout them down if they don't agree, rather than listen and understand. I respect how Matt tried to support and encourage these women, but the others tried to shout him down too! More power to these two women who did not take a beat and are going strong, valued at 21 mil now.
Did you heard what daymond said? With the amount they’re making they would have to sell 100 mill for him to get his money back. Of course no one was going to invest with those profit margins.
Then why didn’t Matt invest???
@@aquafishsoup I'm sure he's asking himself the same question now.
@@aquafishsoup Matt is an advisor for them.
@@antoniomartinez6603 Their profits only went down because they reinvested the money. And 5% of 100 mil is 500k, but that's discounting every year leading up to that 100 mil, so it was a BS reason to bail out.
Uncle Roger would be so upset to hear her say “what is monosodium glutamate” during the pitch
HAAIIYAA!!!!
Haiiyaa! I thought the same thing 😂
Whaaaaaa!!??? 👲🏻
@@paemonyes8299 there is no need to avoid it. There is tons of evidence that msg is perfectly fine and only very few people have an actual msg intolerance
Haiyaaaaa...what soup no MSG
I looked on the website and it’s on average $8.99 per 16oz soup. That’s not bad compared to restaurants who sell it for the same price or more. and you know for a fact it’s not even close to the quality of this soup. Not a bad product in my eyes. They have a ton of options.
100%
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Believe in His death and resurrection and repent of your sins and be saved!
Remember that He died and rose up again for you to be in heaven with Him!
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@@Gg-ij7li will he provide soup
@@croix1470yeah and breadsticks
“NO SOUP FOR YOUUU” 💀
Lol
Crazy how it costs $50 to make three days worth of soup. Their packaging costs must be high because there’s no way ingredients can costs that much.
"all natural organic" ingredients lmao for sure
You ever been to an organic market?
@@dxelson u eat a lot of McDonald’s huh
@@christopherramirez6086 I eat healthy and I got to say, if you spend more then 15 to 20 a dollars a day on a week day, not counting the weekend or special occasions. That's a bit too much. So 13.33 per soup is too much. And I love soup. I have some kind of soup once a week at least. I could make my own soup and have some for the next day for 5-6 kosher also. Soup is a easy and one of the more forgiving food items you can make, it's not an expensive beef wellington or a fragile souffle.
It's also a cleansing soup.
She’s not a businesswoman, she’s an inventor and a cook. She needs a partner who can run the business side or at least help guide her decision-making process. But these are Sharks. They’re already rich. They don’t need to take risks. She needs a partner just not one of them. But they’re successful for a reason. I hope she listens to them. They already invested in her. Invested their time and advice. That’s super valuable.
Dude… she ended up being right. Her company ended up thriving despite the fact that she kept the same quality and the same prices. Her company is now worth 21 million and running strong. She has completely ignored their advice and lucky that she did so, because their advice has proven to be worthless
worth 21 million atm with 9 million revenue hahaha, quality still matters.
And she’s a presenter and entertainer. She has a very pleasant attitude and I love how sweetly she expressed her points but yes she needs help running the business.
Ultimately the sharks weren't sold on their numbers but with their level of confidence and know-how I wouldn't be surprised to here that they found a way. Sometimes all it takes is the right investor who connects with their story and believes in them.
Confidence won't pay the bills buddy
From what I heard they are doing very great and sales in revenue increased to twenty one million dollars which is great!
Jesus loves you all and is coming back soon!
Believe in His death and resurrection and repent of your sins and be saved!
Remember that He died and rose up again for you to be in heaven with Him!
Have an amazing day ❤️❤😊❤❤
@@Gg-ij7li amen !
I used to deliver cookies and moonpies to their kitchen in DC that was downstairs. Insane operation at the time...dozen people just cranking out soup. Amazing to see they made it on to Shark Tank.
She's so alpha, I love how she immediately responds with an answer every time. "Here's how ____." Amazing woman.
Worst pitch? maybe. Worst product? hardly. They’re wildly popular to this day, Matt Higgins’s called them back after this aired and gave them the mentorship they sought after. They received a 2million dollar investment and are operational to this day
They were very lucky that after the show Matt Higgins reached out to them and helped them out in an advisory role
and also took on other investors in of a similar market to help them out. The only thing I couldn't find was the net worth of the company though their revenue last year was 9 million. Sara was also one of five winners of Kroger’s first “Go Fresh & Local Supplier Accelerator".
the net worth is 21 million
Nice thank you for this. I love eating soups. Hope to experience them
@@aggeloslagos7062 Thx for the info
Don’t be too lost their worth 21 million 😂
@@aggeloslagos7062 'net worth'
One thing about the entire "tank" is that they're firmly entrenched in stale "in the box" thinking. It's the reason they passed on the Ring doorbell security system. Most people could have seen that there would be a demand for the product, and all they could focus on was that it wasn't something already on the market.
That was astonishing. "Here's something to make you and your neighbors safer." "Nah, I'm out."
@@markmarderosian9657 Apparently Cuban is still making excuses. He's said in interviews they just got lucky.
@@klocke5247 about this company, the issues were not about the product at all.
Their business did not have a good profit margin.
I always find it interesting when businesses say “we made 1 million dollars in Total revenue.” My first thought afterwards is always “how much profit did you bring in?” Doesn’t matter how much money you make if you can’t keep it for the business.
Honestly, I’ve seen more deals not close based on finances lately instead of the product itself.
@@Pickledfeet165 Don't know if that's true for this product, but it often is the case that mass production is required in order to get the manufacturing costs down to where you can have both a good margin and an attractive retail price. That's the "scaling" often mentioned.
Kind of the point of going to venture capitalists. To get the financial backing to do just that.
The sharks misjudged the market badly. Obviously, Amazon didn't, and somebody would have jumped on it if they didn't.
My pet peeves about the show is kind of the opposite of yours. When the sharks get so pleased about an outrageous markup, I always think so what? Literally anyone can try to sell something for $25 that only cost them $1.75. Won't do any good if few people want to buy it at that price.
@@Pickledfeet165 Banks are eager to give loans these days
What I really liked about this episode was that there was a lot of back and forth with regards to company, numbers, business model and product. Really enjoyed it!
Jesus loves you all and is coming back soon!
Believe in His death and resurrection and repent of your sins and be saved!
Remember that He died and rose up again for you to be in heaven with Him!
Have an amazing day ❤️❤😊❤❤
@@Gg-ij7liAre you going to write this in every response?
She's right, regular soup at the store is garbage. You're buying the picture on the can.
Eh i mean if you’re buying the can yeah sure. But not one person eating healthy and caring about the salt stuff it has will do that. You just make it yourself which honestly, costs nothing almost since soup is so cheap to buy from the pack. All you need is water, meat if you want, vegetables and some salt pepper things like that and you got yourself a good soup.
Soup from the store is absolute crap!!!!
@@noelcovarrubias7490 Making a good soup takes time that some folks don't have. Hence the invention of super markets.
100 bucks for 3 days of soup? I don't care how good the quality is, you are out of your damn mind.
finally someone with sense on this goddamn page haha - im reeling in pain from reading the comments all just completely missing the entire point of the video and trying to congratulate this woman - it's downright crazy - and if she DID have quality worth all that then she needs to BUILD UP to brand awareness of it - START SMALL - People like her are too crazy scaling and not earning their way forward slow but sure.
I would pay more for good quality
@@bd4597I mean they are doing something right cause they are worth more now. When you are surrounded by horrible all salt food, your product is going to stand out. To be honest when you cook, you will know that cooking sometimes cost the same to make the soup they are making. Like only a 1 dollar difference. And restaurants charge double for the same kind of soup. So to be honest they are not wrong.
Isn’t that $33 per day, 3 meals a day which averages to $11 per meal…
After the show, guest Shark Matt Higgins called them back and said "he regretted what happened and wanted to change the ending." He offered his mentorship to help them succeed and became their business advisor. It is 2024 and the company is doing pretty well. Sharks were so wrong.
Love their soup and often visit their store in Takoma Park, DC. They serve vegan soups, salads and sandwiches. I’ve also seen their soup sold in local Costco’s and grocery stores.
Which one is your favorite Rach?
Insane amount for the soup!
$100 can create a LOT more soup. And delicious at that!
I love how she didn’t back down !!! KNOW THE WORTH OF YOUR BRAND JUST BC THEY ARE WEALTHY DOESN’T MEAN THEY HAVE ALL THE ANSWERS
i mean profit wise they're right but they value their quality over money
Post more new shark tank episodes, Thank you
Okay will do
MORE MORE MORE
Longer the better
your only offering me a glimpse of the Financials I need a complete business analysis of the employees owner location product partners shippers etc......
Her reaction and zooming in her face were priceless😂
perfection is enemy of profitability!! Well said!!
this is well known in Business studies
@@KhalifaAlkuwari i dnt know that! Thank you
@@daferalshehri2012 most welcome bro
And so very sad!
I love the fact that in every episode, 80% of the comments are making fun of Barbara always dropping out.
5:02
Mark “that’s not good margines”
Her: 😳
My left ear enjoyed this episode so much.
?
Something wrong with your side lol
And it went out the right one.
I have major respect for her determination to make a quality product. The sharks have gotten so out of touch and greedy that they dismiss quality over profit.
So you mean she's been lying to us this whole time? 😆 🤣 .
Mr Wonderful's one line wonders are so underrated !
He brings so much quality to these shows.
Mr wonderful is a necessary evil !
add a rat to your soup. It will add proteins in it
Jesus loves you and is coming back soon!
Believe in His death and resurrection and repent of your sins and be saved!
Remember that He died and rose up again for you to be in heaven with Him!
Have an amazing day ❤️❤😊❤❤
0:30
the complete lack of amusement on Kevin's face is hilarious
HIM: “Nobody does what your tryna do”
STEVE JOBS AND OTHER GREAT PEOPLE OF THE WORLD THAT WERE TOLD THE SAME THING: “EXACTLY!”
*Stolen comment*
Me: *cringe*
And so were a million other people who didn't make it.
Mhm you really saying that when Kevin is literally worth so much? Lol
They need more Marketing and Supply Chain support.
and they need to revisit the packaging.
quality is a thing which shouldn't be compromised.
I like how Lora said" let her finish "
"let her fin-ish". 🤣 5:05 check it out again
Once again, Barbra finds a reason not to make an offer.
It's her money.
She called in the show to say she’s out
That's not barbara...
She's lori.
@@tasha1985 It's a joke
@@amithtk839 I don’t understand how they missed the joke lol
Soupergirl: *goes on Shark Tank*
Barbara: *calls the set*
Barbara: “I was calling just to let them know, IM OUT”
I heard that later on that day, Barbara came in and tracked down the women and said that she tried the soup and also loved it and for that reason she was also out.
i respect her. quality above quantity
this is funnier than the SNL Shark Tank clip
Something tells me those two will do just fine. 🙂
They don't need the sharks. They can fix those problems on their own. Obviously the product is good or it wouldn't have sold so much. The problem always with
Larger food companies pushing the smaller ones out is, the big ones can afford to keep their prices low.
Wrong. They need that cash and help otherwise they wouldn't be on the show.
@@tasha1985 intellectual, they think they need a shark but they dont. who gave you the idea that the fact that they are on the show is solely because the NEED cash and help for the business to spike
05:03 Loris reaction so cute ....... 😍
I just could never imagine paying that much for soup. I would just make it myself at that point lol
Take it to the city. They’ll pay $26 a bowl…
@@jamesbarnes619 No they won't pay that much
After a round of Series A financing, Soupergirl closed with $2 million, welcoming on funders from other, similar healthful food brands, including Seth Goldman of Honest Tea and Beyond Meat, and Glen's Garden Market founder Danielle Vogel, reports Vegconomist. - 15 Dec 2021
“Nobody does what you’re doing “
I mean that’s why she started the business in the first place
This is the issue, they want to give the customers the best healthy soup but the sharks only see the margin and want to make money even though it might compromise the health factor. this is the world we live in
You want to invest for 5% margin? Go ahead if your doing it for charity.
Money makes the world go round
@@talavera180 5% still more than what my bank offers
@@Zuvas 5% for a massive risk? Comparing it to a bank? No wonder your rich boy
95% risk 5% profit and 640k debt but is the product good can you raise the profit can you restructure the debt what skills is business owner missing ? whatttttt? deception is often omitting the truth .
How many people knew when she said 'no soup for you!' That it was a Seinfeld reference?
Tbh what she’d need to do is open up a soup themed restaurant maybe and start selling it that way. Have it be a sit down place where you can get your soups. And then when you go to pay you have the jars of it at the register you can buy to take home! Not sure if she’s still in business but I’d go to something like that lol
Maybe, but I have never seen a soup themed restaurant make it. The restaurant game is just a different beast. I think the learning curve on the restaurant business side of things would eat her alive before she could become profitable. Not a sleight on her, it's just that a sitdown restaurant has it's own set of demons.
They have that
@@r6854 in the United States there’s a franchise called souper salad
They are definitely still in business.
she has the single most expensive company i've ever seen in my life
When mom mentioned a mouse in the kitchen-dungeon, I was out. 😂😂😂. Glad they figured things out and from the comments, they survived and thrived.
Soupergirl goes to Richmond Vegfest(Festival in Richmond VA) often, and they really do focus on quality. Might not be for me, but I fully support quality based business over low quality products for more money.
It's worth 21 million now
I love these updates. I did find them online and thought their website is great. I live out of the country but I'll keep this in mind for my next trip to the US. Their food looks amazing!
I’m glad to hear it
Fake update
@@breaks_n_stuff4049 Thanks for that! Do you know where that business is today (meaning what shape it's in? I see that they're still in business.)?
No it's not worth 21 million. It's worth whatever someone is willing to pay for it.
I would buy this soup 100% after seeing how dedicated they are to quality!
It just goes to show the bigger you get, you're almost forced to reduce the quality of your product just to keep up. That's crazy
Well they can’t have grandma making soup for each individual customer so they’re going to have to do it on a mass scale with less care. If you want to get food shipped (which already lowers the quality) all over the country in time to eat.
Apparently they're the exclusive soup provider for all Lidl grocery stores in the mid-Atlantic region. They're also in hundreds of major markets including Whole Foods, Costco, Amazon Fresh, Harris Teeter, and Mom's. So looks like the Sharks didn't really know what they were talking about.
If more companies would operate like this the world would be a better place.. Now I actually wanna buy their soup 😏
Keviinnn always: let's geht down to the numbers
oversimplification of assessing value
Perfection is the enemy of Profitability ❤️
'Perfection is the enemy of profitability' - Mark Cuban. You learn a lot off these shows
Should have lowered overhead cost on her packaging and production to make it more profitable than 5%. Regardless, with such stable revenue she'll figure it out.
I would have invested just to work with her, she's a wonderful person.
I remember Soupergirl when it was being sold at a Farmers Market near Metro Center in DC. She wanted way too much for the serving size, and the soup did not look that appetizing.
I love the daughters dedication
Nobody gonna talk about their facial expressions 😂
Yhhh lolll 😂😂
They're high
Lemonis needs to get 51% of this company.
The sad thing about entrepreneurs is that they’re not willing to do what they need to do in order to make a huge profit. I understand she wants HER type of quality but if people are going to but not even realizing the difference in quality, why not go that way? You have to do what it takes and putting your feelings with money is not a good way to continue your business.
And that's just it. She's willing to forego profit over perfection. If that's your model, then good luck getting an investor.
It's worth 21 million now, so guess it worked.
NO SOUP FOR YOU!!! 😂
That’s easy. It’s called integrity. Some of us in this world feed on the ignorance of other.
@@Tangsters Thankyou
The soup girl looks alot like Sigourney Weaver 😄
This is tricky though. Like that perfect soup only makes sense if you are selling high end customers. What kind of people do they want? If you want to get it to the poor meaning greater sales , you have to compromise on quality.
Sell it to cancer survivors, busy vegans etc.. some people are willing to pay a little more to live a higher quality of life a little longer
Lmao I love how the camera picked her hyper expression changes
not in today's high inflation era.. they are in trouble
Stay local and enjoy knowing your helping your community.
She talked nonsense. Only 20k in the bank with 640k debt. And yet asking for 5M valuation.
the face of the MOM all the time lol
The way the mom looked at her at the very end when the daughter said they’re gonna keep doing what they usually do. Oof
The mom has such good technique in her walk
her mother was loving that someone finally told her this stuff ... i bet she's been trying to for years but it was impossible for that woman to listen to anyone
huehueheuhuehuehue huehueheu huehue
5:19-5:32 lmao, Daymon loved that Seinfeld joke
Guys good news she made $6.5 million in revenue 👏👏👏👏
cap
question is if the profit margin is still 5%
@@christopherjesmer3626 why dont u spend 30 seconds to google it
"What is MSG"
Uncle Roger: _"ooohhhh MY gaaawd"_
"perfection is the enemy of profitability"
She now generates 9 million in sells per year and whole foods and kroger are customers
I don't mind paying the highest price for the highest quality. The problem is they aren't making money even though they're selling it
Alot to fix
"Why do we need a phd to read the ingredients?"
Proceeds to read a very commonly known thickening agent, MSG, and a decription of how the chicken is prepared.
I know msg is not harmful, but I try to avoid it. Because I don't want to take that potential risk.
08:08
Kevin's face when he heard how much money they have in the bank lol
Don’t take any encouragement from Matthew I’m weak 😂😂 9:23
her mom standing there being like the chief ANXIETY officer fr
Kevin: “I know everything.”
God: “ No you don’t. You only know what I’ve allowed you to know”
Kevin thinks he is God
It’s organic and that’s why the soup is extra expensive