Author Topic: 'Shark Tank' lemonade entrepreneur, 11-year-old Mikaila Ulmer, lands expansion deal  (Read 884 times)

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Offline sinkspur

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http://www.cnbc.com/2016/03/31/shark-tank-lemonade-entrepreneur-11-year-old-mikaila-ulmer-lands-expansion-deal.html

'Shark Tank' lemonade entrepreneur, 11-year-old Mikaila Ulmer, lands expansion deal

By Chris Serico, Today.com  1 Hour Ago




Mikaila Ulmer stands for a photo as she holds a bottle of Bee Sweet Lemonade that she and her family make and sell at Whole Foods at the Domain in Austin, Texas. The drink contains locally harvested honey and 20 percent of the proceeds go to organizations that help save honeybees.

Addressing a panel of potential investors on ABC's "Shark Tank" last year, Mikaila pitched BeeSweet, a lemonade with her great-grandmother's secret recipe and a mission to help save a dwindling bee population.

The pitch convinced Fubu CEO Daymond John to invest $60,000—and the buzz only grew louder from there.

BeeSweet later scored a contract with Whole Foods, which initially agreed to sell the product in regional stores. The news got even better earlier this month at the South by Southwest Festival: While being honored alongside other black innovators, the sixth-grader announced an expanded distribution deal through United Natural Foods, according to NBC BLK.

In addition to boosting the bees, Mikaila also has found time to assist her fellow humans. "Now I am helping my friends start their own businesses," Mikaila told NBC BLK.

BeeSweet's reach extends to markets in Texas, Oklahoma, Arkansas, Louisiana and New York, according to the company website.
 
But the platform has also taken Mikaila all the way to the nation's capital, where she interacted with President Barack Obama last summer at the White House Kids' State Dinner.

"The president said, 'Sorry to crash the party!'" Mikaila, who expects to return to the White House in April, told NBC BLK. "It was very cool."
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Offline Millee

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I love "Shark Tank" and good for her!  :patriot:

Offline EC

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Awesome!

Nicely done, lass.
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Offline Free Vulcan

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Quote
Addressing a panel of potential investors on ABC's "Shark Tank" last year, Mikaila pitched BeeSweet, a lemonade with her great-grandmother's secret recipe and a mission to help save a dwindling bee population.

Smart girl - you can NEVER go wrong with great-grandma's secret recipe.
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Awesome!  Score one for private initiative!