Shark Tank Wispots | Diye Reacts To Shark Tank™ Episodes | Wispots Pitch S1 Ep1 | The Diy Entrepreneurs 260 개의 베스트 답변

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WiSpots’ Shark Tank Tale: Waiting Room Media

In Season 1 Episode 1, Kevin Flannery appeared on Shark Tank seeing $1.2 Million for 10% of his telehealth patient care centers, WiSpots.

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Source: sharktanktales.com

Date Published: 5/6/2022

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What Happened to WiSpots after the Shark Tank Pitch? 2022

Marine Kevin Flannery appeared on Shark Tank and offered the sharks a 10% stake in Wi Spots in exchange for a $1.2 million investment. This translates to a $12 …

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Source: biznewske.com

Date Published: 6/30/2021

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Wispots Update – What Happened After Shark Tank

Wispots on Shark Tank … In his introduction veo, Kevin Flannery introduced himself, and his company WiSpots. He showcased his home office, …

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Source: gazettereview.com

Date Published: 9/15/2021

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Wi Spots – Shark Tank Blog

Former U.S. Marine Kevin Flannery entered the Shark Tank offering the sharks a 10% equity position in Wi Spots for an investment of $1.2 million.

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Source: www.sharktankblog.com

Date Published: 11/27/2022

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Shark Tank WiSpots – YouTube

AboutPressCopyrightContact usCreatorsAdvertiseDevelopersTermsPrivacyPolicy & SafetyHow YouTube worksTest new features. © 2022 Google LLC …

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Date Published: 8/9/2022

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“Wispots” Net worth Update (Before & After Shark Tank)

Wispots’s founder Kevin Flannery has a net worth of 800,000 USD as of 2022. Updated : Among hundreds of brands that came into Fish tank for …

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Outside The Tank: Kevin Flannery (WiSpots) on Apple Podcasts

Join Tom & Joe as they interview Kevin Flannery of WiSpots who was on Season 1, Episode 1 of Shark Tank with an air date of 8/9/09.

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Source: podcasts.apple.com

Date Published: 8/14/2021

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Kevin S. Flannery on Twitter: “Kevin O’Leary is so arrogant …

@WiSpots. Kevin O’Leary is so arrogant and narrow minded! … @WiSpots. just saw this episode on shark tank.. Yeah they are bit cocky.

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Date Published: 2/22/2021

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DIYe Reacts to Shark Tank™ Episodes | WiSpots Pitch S1 Ep1 | The DIY Entrepreneurs
DIYe Reacts to Shark Tank™ Episodes | WiSpots Pitch S1 Ep1 | The DIY Entrepreneurs

주제에 대한 기사 평가 shark tank wispots

  • Author: The DIY Entrepreneurs
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  • Date Published: 2021. 11. 18.
  • Video Url link: https://www.youtube.com/watch?v=PDWc_b5jnGU

What Happened to WiSpots after the Shark Tank Pitch?

What Happened to WiSpots after the Shark Tank Pitch? WiSpots Shark Tank Update

What is WiSpots?

WiSpots was an interactive system that provided ad-supported wifi connectivity to patients in high-traffic areas of medical institutions such as waiting rooms, check-in areas, and examination rooms.

Patients may check into the office, complete out surveys, join up for clinical trials, just surf the online, or check email using a “wireless web pad” from the WiSpot display, all while getting tailored adverts and discount offers.

When it’s time for their appointment, the patients insert their web pad into the charging cradle on the display. Advertisers, such as pharmaceutical corporations, bear the expense.

Who was the Founder of WiSpots?

Kevin Flannery, a former maritime and wireless technology professional with over 20 years of experience, established WiSpots.

Kevin is now the President and CEO of AivenGroup, a company that connects organizations with relationships across several industry verticals to create strategic solutions.

WiSpots were created after 6 years of research and development in the retail, healthcare, and media industries.

Kevin’s ambition for WiSpots was to provide a cutting-edge suite of education and entertainment solutions for patient-centric institutions, while also creating an extra revenue stream for waiting rooms.

The zealous entrepreneur pushed the company forward at full throttle.

Despite his efforts, WiSpots had a difficult start, forcing Kevin to fund it with many mortgages on his home, which he finally sold.

Kevin had spent approximately $550,000 of his own money, credit and debit cards, his 401k, and his children’s college tuition in WiSpots by the time he appeared on Shark Tank.

By the time the episode aired, Wi Spots had combined with Worthington Healthcare Corporation, a supplier of healthcare-related software solutions, to form WiFiciency, Inc.

The new, strong business model provided a range of services to medical practices, hospitals, and other healthcare institutions, including automated medical transcription, electronic health records, and voice recognition.

What Happened to WiSpots at the Shark Tank Pitch?

Marine Kevin Flannery appeared on Shark Tank and offered the sharks a 10% stake in Wi Spots in exchange for a $1.2 million investment. This translates to a $12 million valuation.

Kevin said that he had put $550,000 of his own money on this patient information centre since 2002, and that he was practically broke as a result of his efforts; the responses from the group of elite super fish were fairly biting.

Kevin O’Leary was the first to jump in, using an analogy in which he equated his money to troops.

He informed Flannery that all of his troops were dying rather than bringing back money.

Kevin Harrington agreed that Wi-Fi hotspots provided little more than access to email and material replete with advertisements, and he, too, opted out.

Barbara complimented Flannery on his bravery in putting so much on the line for the sake of his business. She pulled him back down to earth after that compliment.

Barbara reminded Flannery that resigning requires more bravery than sticking with a poor concept. She went outside.

Kevin was warned by Daymond John that he was losing everything and that he should stop.

According to Robert Herjavec, there is a fine line between being a fool and believing, and Flannery appeared to be crossing it. Robert walked away.

Kevin Flannery thanked the Sharks for their feedback and exited the stage.

The Sharks discussed the presentation after he left. Robert described it as “heartbreaking,” and Kevin stated that they had just witnessed the “dark side of business.”

The problem, according to Robert, was “false encouragement,” but they felt they could give Flannery some unbiased advice.

What Happened to WiSpots after the Shark Tank Pitch?

Despite being rejected by the Sharks, Kevin Flannery had a lot of interest from people outside the tank, as various sales and distribution businesses approached him about marketing and distributing Wi Spots’ patient engagement centre.

Those same corporations were almost certainly delighted to find that Kevin’s new company (WiFiciency) provided even more goods for medical centres, hospitals, and other healthcare institutions. In the long run, the combination with Worthington Healthcare Corporation worked well.

Mr. Flannery told the News Observer, “I went from being prosperous to having nothing to earning my way back.” “This company will take off and be a great success.”

It turns out that it wasn’t all that successful. According to Kevin’s LinkedIn profile, he left the organization in 2012.

What was the Net Worth of WiSpots Shark Tank?

Marine Kevin Flannery appeared on Shark Tank season 1 episode 1 and offered the sharks a 10% stake in Wi Spots in exchange for a $1.2 million investment. This translates to a $12 million valuation.

Who are the competitors of WiSpots?

PatientPoint is a company functions like WiSpots.

WiSpots FAQS

What was WiSpots?

WiSpots was an interactive system that provided ad-supported wifi connectivity to patients in high-traffic areas of medical institutions such as waiting rooms, check-in areas, and examination rooms.

Who founded WiSpots?

The Founder of WiSpots was Kevin Flannery, a former wireless technology professional with over 20 years of experience.

How much was he seeking in the Shark Tank?

Kevin Flannery was seeking $1.2 million for 10% equity.

Did he the deal from the Sharks?

WiSpots didn’t get any offers from the Sharks.

How much did he raise to start the business?

Kevin had spent approximately $550,000 of his own money, credit and debit cards, his 401K, and his children’s college tuition in WiSpots.

When did WiSpots go out of business?

WiSpots went out of business in December 2012.

What is the website of WiSpots?

The website is not available anymore.

Where was WiSpots located?

WiSpots was located at North Carolina.

What is the phone number of WiSpots?

The phone number is not available anymore.

What is the email address of WiSpots?

The email address is not available anymore.

What happened to WiSpots after Shark Tank?

WiSpots was on its way to merging with WiFiciency, another wireless technology start up co-founded by Flannery.

According to the Gazette Review, WiSpots evolved into WiFiciency, a firm that provided medical transcriptions and electronic health records.

Where is Kevin Flannery now?

Kevin is now the President and CEO of AivenGroup, a company that connects organizations with relationships across several industry verticals to create strategic solutions.

What is net worth of Kevin Flannery?

Kevin Flannery’s net worth is unavailable.

When was WiSpots aired on Shark Tank?

WiSpots was aired on Shark Tank on August 9, 2009.

What Happened After Shark Tank

Wispots Before Shark Tank

Before appearing on the first episode of Shark Tank, Kevin Flannery was attempting to build a nice life for his family. He did not have a family growing up, and wanted to provide for the one he made for himself. Flannery did this by founding WiSpots, a business that would rocket him into debt, and cause him to take out two mortgages, and drain his children’s college fund, as well as his 401K. Would Flannery get an investment from the Sharks, or continue to take money from his and his children’s future? Let’s take a look.

Wispots on Shark Tank

In his introduction video, Kevin Flannery introduced himself, and his company WiSpots. He showcased his home office, which was also a playroom for his young daughter. Flannery explained that he was a former Marine, and he has been in wireless technology field for about 20 years. He said that he quit his former job in order to focus on his business, WiSpots. As the video showed Flannery greeting his daughter at school, he told the audience that he funneled money into the company via mortgages on his home, which he had to put up for sale because he could no longer afford the two mortages he had taken out. The video showed Flannery tearing up as h relayed that information. It cut to a scene of the Flannery family saying grace over a meal. Kevin said that he had spent much of his life in foster homes and it was important for him to take care of his family.

The video cut off, and Kevin Flannery walked into the Shark Tank in a suit and tie. He introduced himself to the Sharks, as well as WiSpots. He refered to the tagline of the company, which was “the future of waiting patiently.” Flannery thanked the Sharks for allowing him to “take a dip in their tank,” and made a awkward joke about hoping that they don’t bite. This did not get a laugh from the Sharks – they all stared at him stocially. He told them that he was seeking $1.2 million in exchange for 10% equity in the company. The Sharks all looked shocked, and Kevin O’Leary told him that he’d better be doing well to ask for that much money. Flannery stammered, and continued.

He told the Sharks that WiSpots was a business model that has been involved in research and development in healthcare and education, as well as a retail space for over 6 years. Robert wanted to know what exactly the product was, and Flannery explained that it was an interactive patient center. He gestured over to the televisions and tablets set up on the stage. Flannery explained that patients could pick up one of the tablets, which he called a “wireless web pad,” and fill out surveys, check in to the office, sign up for clinical trials, and surf the web. When the patients were called into their appointment, they would place the web pad back into the charging cradle. Flannery said that WiSpots was a revenue source for the doctors without really explaining how.

O’Leary interrupted the presentation, and asked Flannery who would be paying for the WiSpots. Flannery told him that media buyers, advertisers, and pharmaceutical companies would all be footing the bill. O’leary had a follow-up question about the price of each installment. Flannery said just under $10,000 and Robert whistled. O’Leary seemed suprised. Flannery told him that the doctors pay the priced of installtion. Robert said that Flannery would never get doctors to pay that price, but Flannery insisted that he already had contracts in place. Robert asked if the doctors already paid, but Flannery told him that they just signed the contracts. He stated that there was a catch – advertisers and media buyers only wanted to pay for ads that people were actually watching. Barbara interrupted him, wanting more of an explanation. She stated that what she understood so far was that the doctors were signing contracts, and then waiting for the advertisers to purchase ad space.Flannery got flustered, and said that the doctors don’t pay WiSpots until they fill a certain number of ad real estates.

Robert changed the subject, and asked Flannery what else bored and frustrated patients could do to surf the web or check their email. Flannery mentioned that patients could bring in their laptop, but it was bulky and cumbersome. Robert pulled out his bulky 2009-era smart phone, and sarcastically asked if there was perhaps another option for patients to use to check their email. Flannery insisted most doctors offices require patients to turn their phones off when they walk though the door, and it was about more than just email anyway. Barbara wanted to know if Flannery had put any of his own money into the company, and he told her that he put in over $550,000 of his own. He started to tear up, and explained that he used his kids college funds, took out two mortgages on the house, leeched from his retirement funds, and ammassed a mountain of debt on his credit cards.

O’Leary stopped him, and tolf Flannery that he was going to do him a big favor. He stated that he thought of his money as soldiers that he sends out to war on a daily basis with the intention having it take prisoners, and return to base. This way, his wealth is always growing. O’Leary accused Flannery of letting his army die daily. He said told Flannery to stop the madness, and realize that he’d run out of soldiers. O’Leary went out.

Flannery turned red, and stuttered out a counter. He said that he thought that the Sharks were not grasping the concept of the business. Daymond told him that he fully understood – all of the Sharks did. Kevin Harrington told Flannery that he had a problem with the entire concept. Since patients would be able to send emails and surf the internet using their phones, the model was about advertising. Harrington said that he, as a patient, would not pick up the tablet just to look at ads. He went out.

With the two Kevins out, Barbara told Flannery that she admired his courage for putting so much at stake for the sake of his business. After that compliment, she brought him back down to reality. Barbara told Flannery that quitting takes even more courage than sticking with a failing idea. She went out. Daymond told Flannery that he was risking his children’s college and the roof over their head for a failing business. Flannery told him that he wanted to give his children the best that he could since he grew up with nothing. Daymond said that Flannery built himself up from nothing just to mortgage what he had. Daymond told him to stop, and he went out.

Robert was the last one left. He told Flannery that he sympathized. Robert and his parents were immigrants to the country, and he knew what it was like to grow up with nothing. Robert told Flannery the lesson he learned from his factory worker father – you have to save your money to avoid putting your family at risk. He said that there’s a thin line between being a fool and belief, and he thought that Flannery was crossing it. Robert went out. Kevin Flannery thanked the Sharks for their opinions, and walked off the stage. After he left, the Sharks discussed the presentation. Robert called it heartbreaking, and Kevin said that they’d just seen the dark side of business. Robert said the whole problem was with “false encouragement”- but felt like they were able to give Flannery some unbiased advice. Did being on the first-ever episode of Shark Tank give Kevin Flannery the edge he needed to succeed, even without the investment from a Shark? Let’s take a look.

Wispots Now in 2018 – The After Shark Tank Update

The Shark Tank pilot that featured WiSpots was filmed in eary January of 2009, and it aired in August of that same year. During that time, Flannery overhauled the company. He initiated a merger with the Worthington Healthcare Corporation, and changed the name to WiFiciency, Inc. Instead of just the patient entertainment center, WiFiciency offered voice recognition, medical transcription, and electronic health records. While it’s likely that he got some interest between 2009 and now, the Wifieciency website has gone down. It appears that the company changed names again to AIRwave Medical Solutions INC. Their LinkedIn page is still up, and has two followers, but all other relevant pages have been taken offline except the original wispots.com, which looks like the original website from 2009. It looks like Kevin Flannery did not take his fellow Kevin’s advice, and “stop the madness.” Hopefully he stopped before he ruined his children’s life, as well as his own.

Wi Spots

Kevin Flannery, the founder, president, and CEO of Wi Spots, came to the Shark Tank on its debut episode, appearing as the third “pitcher” on the show. A lot happened between the time the episode was shot (January 2009) and its broadcast date of August 9, 2009.

Mr. Flannery fundamentally reinvented the company during that time frame. By the time the show aired, Wi Spots had merged with the Worthington Healthcare Corporation, a healthcare-oriented software solutions provider, and became WiFiciency, Inc. The new, robust business model offered a suite of services, such as automated medical transcription, electronic health records, and voice recognition, to medical practices, hospitals, and other healthcare facilities.

Wi Spots Shark Tank Recap

Former U.S. Marine Kevin Flannery entered the Shark Tank offering the sharks a 10% equity position in Wi Spots for an investment of $1.2 million. Kevin conveyed that, since 2002, he had invested $550,000 of his own money into this patient information center, and was essentially broke for his efforts; the comebacks from the group of elite super fish were somewhat biting.

Kevin O’Leary was the first shark to pull out, offering an analogy where he compared his money to soldiers. He told Flannery that all of his soldiers were dying instead of bringing home money. Kevin Harrington felt that Wi Spots offered nothing more than access to email and content filled with commercials, and he too pulled out. Barbara Corcoran respected Flannery for his commitment before telling him to be courageous enough to quit. Daymond John told Kevin that he was losing everything and also told him to quit. Robert Herjavec told him that there is a difference between a believer and being a fool before pulling out.

As Kevin exited, O’Leary said that this was the “dark side,” while Herjavec stressed that this was the result of “false encouragement.” While it is safe to say that this was not the best day in Kevin Flannery’s life, he remained undeterred on his mission.

Wi Spots Shark Tank Update

Despite being rejected by the Sharks, Kevin Flannery received interest aplenty from outside the tank, as several sales and distribution companies contacted Flannery and expressed an interest in marketing and selling Wi Spots’ patient interaction center. It is likely that those same companies were ecstatic to learn that Kevin’s new company (WiFiciency) offered even more products for medical centers, hospitals, and other healthcare facilities. The merger with the Worthington Healthcare Corporation worked out in the long term.

“I went from being wealthy to having nothing to working my way back,” Mr. Flannery told the News Observer. “This business will take off, and it will be a huge success.”

It turns out it wasn’t that much of a success. Kevin’s LinkedIn page says he ceased involvement with the company in 2012.

Posts About Wi Spots on Shark Tank Blog

WiSpots Kevin Flannery After Shark Tank

Wi Spots Company Information

Website

Twitter

“Wispots” Net worth Update (Before & After Shark Tank)

“Wispots” got featured on Shark Tank USA in 2009 August. It was founded by Kevin Flannery.

Wispots net worth in 2022

Here is an update on “Wispots’s net worth so far.

Wispots’s Net worth before appearing on Shark Tank 12,000,000 USD Wispots’s Net worth [year between appearing and now] Out of Business Wispots’s Current Net worth (2022) Out of Business

Wispots’s founder Kevin Flannery has a net worth of 800,000 USD as of 2022.

Updated :

Among hundreds of brands that came into Fish tank for aid, the wispots were crucial. First, it is a brand that is associated with medical purposes. Second, it is something to come up with as an IT solution. You already know whether they could go through the Shark Tank with success already. Let’s remember that again and know what happened to Wispots after Shark Tank Appearance.

What is Wispots?

Wispots is an interactive system that delivers services related to Wi-Fi and ad cooperation. It has been planned for the high trafficking areas where the patients get medical attention and treatments. The founders of this product have thought of the examination rooms, check-in areas, and waiting rooms which are considered the most beneficial for the users.

When coming to the utmost features of the Wispots, patients enjoy not only online surfing but checking out their clinical trials, completing surveys, and checking email. The Wispots have been designed to be operated using a wireless pad that also acts as a display. Patients see the pharmaceutical products, promos, and other marketing stuff through the display when they don’t use the pad.

Who is the founder of Wispots?

Kevin Flanner Is responsible for creating the brand, Wispots. He was a maritime professional with more than 20 years of experience. In addition to that, he is a professional in wireless technology, which he used to introduce the Wispots technology. Kevin had to spend more than 06 years doing research and tests before setting up the Wispots.

The initial target Kevin was patient-centric institutes where the patients need to have entertainment along with the care. He was leading his role at AivenGroup as the CEO at the same time. It is crucial he had not involved any partner for Wispots as well.

Although Kevin had many things in his mind, he could not fulfill all of them due to financial burden. He had to sell his house for $550,000, $41,000, and some of his expenditures to bear the expense. When it seemed he was not going to win the struggle, he decided to appear on Shark Tank.

What happened at the Shark Tank

What Kevin needed at the Shark Tank was a financial partnership. He had offered 10% of his company share for 1.2M USD for these interested parties. When explaining the situation.

Kevin mentioned that he had been putting money for the Wispots, and he had happened to expend more than $550,000 from his direct funding. Kevin O’Leary was the person to peep first. He said that his funding would be equal to a troop. But they would die before they returned.

Kevin also stepped out of the deal as he could see there was something wrong with the Wi-Fi and the patient’s deal. Although Barbara appreciated what Flannery had done so far, she said that it was not wise to do that.

After hearing John Daymond’s conclusion that it is wise to step down before expending more money, it was clear that the Shark Tank had never been ready to accept the deal.

More importantly, they did not even make a rough suggestion for shares, even for a reduced price or an increased shareholding.

Wispots Shark Tank update

Kevin had to leave the shark tank without getting any deal onto spots. It has passed six years since the episode. It is enough to either vanish or succeed with the business within that particular time as well.

Also read: What happened to The Highest Earning Business ” Qpay” in Australian Shark Tank?

What happened to Wispots After the Shark Tank?

Two years after the Shark tank, in 2019, Kevin changed his company name to AIRwave Medical Solutions INC. It was visible that he had removed some following links to his company, and it seemed the company was about to end its role in the medical field. When coming to the present day, the company is no more, and Kevin has uprooted the company along with Wispots. If he had taken the advice from Shark Tank, he would not have ruined his family.

Competitors off Wispots

PatientPoint is a similar product to wispots that has enabled similar medical services to patients. Also, the Phreesia, ZocDoc, Vitals, and JoyTunes companies have a comparative competition to Wispots.

is Wispots still in business?

After 10 years of operations, in 2012 wispots shut down its business.NOW Kevin is the President and CEO of AivenGroup company

‎Outside The Tank: Kevin Flannery (WiSpots) on Apple Podcasts

Join Tom & Joe as they interview Kevin Flannery of WiSpots who was on Season 1, Episode 1 of Shark Tank with an air date of 8/9/09. If you are an entrepreneur who wants to grow your business faster (or mentor entrepreneurs in growth mode), check out www.growth10.com! And if you like the show, make sure to hit “Subscribe”, give us a 5-star rating and tell your friends… we appreciate your support!

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주제에 대한 기사를 시청해 주셔서 감사합니다 DIYe Reacts to Shark Tank™ Episodes | WiSpots Pitch S1 Ep1 | The DIY Entrepreneurs | shark tank wispots, 이 기사가 유용하다고 생각되면 공유하십시오, 매우 감사합니다.

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