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Is This Mealtime Pal Too Niche? | Elevator Pitch S11 EP2
Entrepreneur
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7/11/2024
This episode of Entrepreneur Elevator Pitch may be about child-centric products, but no one is kidding around when it comes to cash.
Hear from Tausha LaFlore of Pincer Pal, where fun and learning come together during mealtime.
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00:00
Welcome to the elevator.
00:04
Hi, I'm Tasha, founder of Ice Leko and the inventor of our flagship product, the Pinsir
00:10
Pal.
00:11
My daughter's special needs sparked my journey, unveiling the vital role the Pinsir Grass
00:16
plays in fine motor development.
00:19
I'm seeking mentorship, $150,000 for 10% to make an impact with you, one pinch at a time.
00:29
I love her.
00:30
I agree.
00:31
I loved her energy and her crisp pitch.
00:40
I liked it.
00:41
You guys are pushovers.
00:42
I mean, come on.
00:43
She's so good.
00:44
I mean, she had some pizzazz, a little extra.
00:47
She definitely nailed the pitch.
00:48
I also love the fact that she wants to do well by doing good.
00:52
I immediately discount the whole.
00:53
Come on, Mark.
00:54
I thought that was an incredible pitch.
00:57
What was it missing?
00:58
It was missing some sense of what, I don't want to know what the real market is for this
01:01
thing.
01:02
I mean, I don't know what it does.
01:03
Maybe we find out more.
01:04
I'm not sure.
01:05
Just a pinch, Mark.
01:06
Approved.
01:07
First, you're a very compelling presenter, but you're, at least for me, you're pitching
01:14
the wrong product.
01:15
It's just too nichey.
01:17
There's a lot of issues.
01:18
It's very early.
01:19
I mean, for me, despite how much I like you, I'm afraid that I'm not going to be able to
01:24
help you.
01:25
I'm afraid I'm out.
01:26
Okay.
01:28
I think your story is heartwarming, and I love the fact that you're doing well by doing
01:32
good.
01:33
It just feels a little nichey to me, and as an investor, I'm out.
01:37
Honestly, I love what you've created, and there's a lot more things to figure out before
01:44
you go out and get investment.
01:46
And so, although I unfortunately am going to pass, I'd personally be happy to mentor
01:52
you on your journey.
01:54
Thank you so much, Ken.
01:55
Thank you, Tasha.
01:56
Good luck.
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