Brooks Powell 🍻

From Forbes:
"America is rich in small businesses. To shine a light on these entrepreneurial heroes, Forbes created the Next 1000. This year-round initiative showcases the ambitious sole proprietors, self-funded shops and pre-revenue startups in every region of the country—all with under $10 million in revenue or funding and infinite drive and hustle. Fueled by your nominations and screened by top business minds and entrepreneurial superstars, these new faces will number 1,000 by year’s… Show more

From Forbes:
"America is rich in small businesses. To shine a light on these entrepreneurial heroes, Forbes created the Next 1000. This year-round initiative showcases the ambitious sole proprietors, self-funded shops and pre-revenue startups in every region of the country—all with under $10 million in revenue or funding and infinite drive and hustle. Fueled by your nominations and screened by top business minds and entrepreneurial superstars, these new faces will number 1,000 by year’s end."

Note:
This award must be given to companies that have less than $10m in revenue or $10m in funding. I'm not sure how we got the award as Cheers has more than $10m in yearly revenue. But, we are definitely ambitious and capital efficient, funding ourselves mostly through internally generated cashflows, so the award is VERY fitting! Show less

Every year, Shark Tank filters around 60,000 applicants. Of these 60,000 applicants, only about 100 make it to the prime time of presenting in front of the sharks and airing in front of millions of Americans. That is an acceptance rate of .2%. (1 out of every 500 companies.)

At the time, Cheers was doing about $500,000 in annual revenue and asked for $400k on a post-money valuation of $4m ("400,000 for 10%"). Due to a heated argument with Mark Cuban about science rather than being able… Show more

Every year, Shark Tank filters around 60,000 applicants. Of these 60,000 applicants, only about 100 make it to the prime time of presenting in front of the sharks and airing in front of millions of Americans. That is an acceptance rate of .2%. (1 out of every 500 companies.)

At the time, Cheers was doing about $500,000 in annual revenue and asked for $400k on a post-money valuation of $4m ("400,000 for 10%"). Due to a heated argument with Mark Cuban about science rather than being able to focus on all aspects of the business, Cheers did not get a deal. However, Cheers ended up looking like the hero and Cuban the villain. Just a few months after airing, Cheers was doing 10x it's revenue that it went on the show with and raised about 5x the money on 4x the valuation.

Cheers will forever be the alcohol-related health company that was on Shark Tank. This is a once-in-an-industry opportunity for any company (as Shark Tank almost never shows the same type of company twice), and so we are very proud to have been chosen as the representative of alcohol-related health.

This was a major accomplishment in beating the odds, especially as we were selected after our first and only application attempt. It was a long year with many twists and turns, but in the end we were able to convince the Shark Tank producers to let us present and air us—so well in fact that they gave us the most coveted slot—the last company to pitch on the season finale episode. Show less

Overview:
The Princeton Entrepreneurship Council (PEC) presents the Tiger Entrepreneur Award, a new, prestigious award designed to celebrate the value of entrepreneurship and innovation across the Princeton community and to emphasize the University’s commitment to Entrepreneurship the Princeton Way.

This annual award will be given to up to four individuals (or teams of) undergraduate students, graduate students, or early career alumni who demonstrate success in entrepreneurship… Show more

Overview:
The Princeton Entrepreneurship Council (PEC) presents the Tiger Entrepreneur Award, a new, prestigious award designed to celebrate the value of entrepreneurship and innovation across the Princeton community and to emphasize the University’s commitment to Entrepreneurship the Princeton Way.

This annual award will be given to up to four individuals (or teams of) undergraduate students, graduate students, or early career alumni who demonstrate success in entrepreneurship. Recipients will receive a certificate and a plaque.

PEC’s Administrative Committee will select winners in early May.

Eligibility:
Eligible candidates are Princeton University undergraduate and graduate students, or alumni who received a degree from any Princeton University undergraduate or graduate program after January 1, 2012.

Up to three eligible candidates can be nominated together as one team candidate.

Criteria:
The selection committee will evaluate applicants based on the following criteria:

-Demonstrated entrepreneurial success as Princeton defines entrepreneurship, which is “the initiation of transformations through risk-taking actions and value-creating organizations.” Founders of both commercial and non-profit startups are encouraged to seek nominations.

-Demonstrated experience with and commitment to inspiring others in entrepreneurship, driving change through entrepreneurial work, or making outstanding contributions to significant entrepreneurial projects. Show less

The Keller Center’s eLab Summer Accelerator Program at Princeton University is a launch pad for student startups. The program is open, by application only, to some of Princeton’s brightest and most dynamic students. The eLab is based in the new Entrepreneurial Hub at 34 Chambers Street in downtown Princeton. Over a period of ten weeks student teams work intensively on their startup ideas, following a specialized entrepreneurship curriculum presented to them during a 3-day intensive boot camp… Show more

The Keller Center’s eLab Summer Accelerator Program at Princeton University is a launch pad for student startups. The program is open, by application only, to some of Princeton’s brightest and most dynamic students. The eLab is based in the new Entrepreneurial Hub at 34 Chambers Street in downtown Princeton. Over a period of ten weeks student teams work intensively on their startup ideas, following a specialized entrepreneurship curriculum presented to them during a 3-day intensive boot camp. The teams also attend meetings and workshops, and receive valuable mentorship and advising through a network of Keller Center faculty, staff, seasoned entrepreneurs and technology experts, all with the goal of developing their startup ideas into viable, scalable ventures. Show less

The Keller Center’s eLab Summer Accelerator Program at Princeton University is a launch pad for student startups. The program is open, by application only, to some of Princeton’s brightest and most dynamic students. The eLab is based in the new Entrepreneurial Hub at 34 Chambers Street in downtown Princeton. Over a period of ten weeks student teams work intensively on their startup ideas, following a specialized entrepreneurship curriculum presented to them during a 3-day intensive boot camp… Show more

The Keller Center’s eLab Summer Accelerator Program at Princeton University is a launch pad for student startups. The program is open, by application only, to some of Princeton’s brightest and most dynamic students. The eLab is based in the new Entrepreneurial Hub at 34 Chambers Street in downtown Princeton. Over a period of ten weeks student teams work intensively on their startup ideas, following a specialized entrepreneurship curriculum presented to them during a 3-day intensive boot camp. The teams also attend meetings and workshops, and receive valuable mentorship and advising through a network of Keller Center faculty, staff, seasoned entrepreneurs and technology experts, all with the goal of developing their startup ideas into viable, scalable ventures. Show less