Entrepreneur Elevator Pitch Season 3 Episode 4: 'It's the Uber of Pooper' On this episode of our weekly streaming pitch show, the investors find promise in some well-researched products and get downright grossed out by others.

By Entrepreneur Staff

Entrepreneurs are always developing ways to help people better meet their basic needs, and it's often up to investors to decide whether a new idea will improve our quality of life. Humans are highly adaptable creatures, but we're also creatures of habit.

Every week on Entrepreneur's weekly pitch show, Entrepreneur Elevator Pitch, entrepreneurs get a mere 60 seconds to pitch a panel of four notable investor judges on their business, product or service. While the judges sit listening via livestream in an upper-floor boardroom, each contestant delivers their spiel inside of the ascending Entrepreneur Elevator as the clock and floor number tick upward.

When the buzzer sounds, the entrepreneur waits for the judges to convene and vote: Will the doors to the boardroom open for negotiations, or will the entrepreneur be sent down with no further chance of shaking on a deal?

Related: Entrepreneur Elevator Pitch Season 3 Episode 3: Circus Act or Class Act?

On this episode, an everyday product gets an internet-of-things upgrade. Later, two different entrepreneurs try to convince the judges that you can (or should) eat a substance you'd normally steer clear of -- or spit out. Speaking of eating, even babies have to do it, and one contestant presents a solution for when supplies are scarce.

Guest judges on this week's show include Lindsay McCormick, an AR and VR tech investor, sports broadcaster and advisor and partner with ePlay Digital Inc., along with Dawn Lafreeda, who is the owner of 82 franchise Denny's restaurants.

The lucky entrepreneurs who advance to discussions with the panel of investors deftly answer questions about product safety, functionality, price point, market scope and more. They make the case that they've done their research, have a meaningful mission and are ready for funding.

In some cases, an entrepreneur's request is too ambitious. Other times, the product isn't differentiated enough -- or on the opposite end of the spectrum, it's downright out there, in the judges' minds.

Watch the negotiations go back and forth and see who seals a deal by streaming this week's episode of Entrepreneur Elevator Pitch above.

Entrepreneur Elevator Pitch in partnership with Sports 1 Marketing streams Wednesdays on entrepreneur.com. Follow Entrepreneur Elevator Pitch on Facebook, YouTube and IGTV.

Entrepreneur Staff

Entrepreneur Staff

Editor

More from Entrepreneur Elevator Pitch

Is His Business About to Gobble Up Uber Eats and DoorDash?

Can Mushrooms Save the World? Tune into This Episode of 'Elevator Pitch' to Find Out.

Is It a One-Hit Wonder or Can This Mom's Business Scale?

'This Has Been a Real Bloodbath!': Watch the Intense New Episode of 'Elevator Pitch'

Editor's Pick

Related Topics

Business News

These Great-Grandparents Booked 51 Back-to-Back Cruises Because It's 'Cheaper Than a Retirement Home'

Retirees Marty and Jess Ansen hopped on a cruise ship nearly two years ago and never left.

Business Models

Pros or Pretenders? How to Choose a Reliable PR Agency in 6 Steps

With a multitude of names vying for clients' attention, how can you be certain that you're selecting a dependable PR contractor?

Business Culture

3 Valuable Business Lessons from Harvard's Unabomber College Reunion Controversy

In 2012, Harvard mailed out a questionnaire to its alumni. One of their alum, Theodore Kaczynski (The Unabomber), mailed back a response from prison... and Harvard published it, hurting their reputation. Here are three business risk mitigation lessons to learn from the debacle.

Business News

A Woman Is Suing Disney World After Suffering 'Injurious' Waterslide Wedgie at Typhoon Lagoon

Emma McGuinness was going down the Humunga Kowabunga waterslide when the incident occurred.

Business News

Amazon Users Report Receiving Mysterious Gift Card Emails, Sparking Scam Worries

Amazon customers were puzzled when they received multiple unexpected gift card purchase confirmation emails for transactions they never made.

Leadership

It's a Great Time Make Money With a Podcast. Industry Experts Tell You How.

A panel of podcast experts outlines the most effective strategies for growing your audience and your revenue.