Dave Greco has a unique sales strategy that allows him to sell anything to anyone. Following his passion, he started Salespreneur, a system that trains people to become the best salespersons.
He appeared on Shark Tank Season 3 and tried to convince the Sharks to invest in his business. Did he succeed in persuading the Sharks? Let’s find out.
| Company Name | Salespreneur | |
| Founder/Co-Founder | Dave Greco | |
| Founded | 2010 | |
| Product | A training system that makes people great salespersons. | |
| Asked For | $90k for 40% equity | |
| Final Deal | No Deals | |
| Shark | No Sharks | |
| Episode | S3 E2 | |
| Air Date | Jan 27th, 2012 | |
| Business Status | Out of Business | |
| Website | Visit Website | |
| Headquarters | Greater New York City Area, United States | |
| Lifetime Worth (Sales) | $100k *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Business Pitch Episode Recap
Dave Greco asked the Sharks for $90,000 in exchange for 40% equity in his company, valuing it at $225,000. He explained his product, a training system designed to turn people into top-notch salespersons.
The system has two critical components: the first is “MiSSiLe,” which teaches how to identify targeted customers, and the second is “RoadMap,” which instructs on how to pitch and convince customers to buy the product.
Kevin O’Leary asked Dave how much he had sold so far. Dave revealed that in the last three months, his total sales amounted to $40,000, which included deals with five organizations, three of which are Fortune 500 companies.
He explained that he and his team personally visit corporate offices to teach the sales system and sell related books to the staff.
Daymond John challenged Dave to sell him a pen to demonstrate his sales skills. Dave attempted to pitch the pen with a strong approach, but Daymond wasn’t impressed by his pitch, leading him to say, “He is out.”
Robert Herjavec said that the business seemed more like a seminar-type venture rather than a product-based one, so he decided to withdraw, saying, “He is out.”
Dave plans to launch his sales system as a mobile app, but most of the Sharks do not believe it is a good idea.
Kevin asked Dave to name a successful company that has increased sales by offering a mobile app. Dave replied that his company would be the first to attempt this. Kevin then stated that the business carries too much risk, so he decided not to invest, saying, “He is out.”
Mark Cuban offered $90,000 for 40% equity, which was the amount Dave initially asked, but with the condition that the deal had to be closed immediately.
Dave wanted to get Barbara Corcoran’s opinion on the business, but Barbara said the business was progressing too quickly, so she decided not to invest, saying, “She is out.”
During the pitch, Dave made a major blunder. Mark offered a deal with the condition that it needed to be finalized immediately.
However, Dave started hoping for an offer from Barbara as well. As a result, Mark Cuban directly said, “He is out.”
Sharks Offers list!
| Sharks | Offers |
|---|---|
| Mark Cuban | $90k for 40% equity (Condition breach) |
| Kevin O’Leary | No Offer |
| Robert Herjavec | No Offer |
| Barbara Corcoran | No Offer |
| Daymond John | No Offer |
| Founder’s (Countered) | No Counter |
| Final Deals | No Deals |
SalesPreneur Shark Tank Update
SalesPreneur did not finalize a deal with Mark Cuban due to Dave’s excessive desire for offers. Our Research revealed that the business shut down within a year.
As of August 2024, David Greco is working as a Senior Enterprise Account Executive at Cyclotron, Inc., in New York, and also serves as a part-time adjunct professor at Quinnipiac University.
For more information, you can check his official LinkedIn profile.
Check out Shark Tank Season 3 Business Update.
Here are some updates on the progress of businesses from Season 3. Check them out!
