Rent A Goat

From Shark Tank Season 05 Episode 05

Rent A Goat did not get an investment from the Sharks.


Rent A Goat

Courtesy of ABC

3 Reasons to Love Rent A Goat

1. A green alternative to resource-hogging mowers and landscaping equipment.

2. Hire these goats and they will quickly and efficiently consume any overgrown lawns or lots for a cheaper rate than hiring a lawn-care professional.

3. There is no resulting pollution, and the goats will naturally create fertilizer as they work.

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Our Take

My favorite part of this segment is when Mike "the Goat Shark" schools Mr. Wonderful, telling him that if he tried to start "Mr. Wonderful's Goat Rental", Mike would be buying his equipment from him in under three months... for less than half of what he paid for it.

It's probably true that Kevin's Rent-a-Goat knock-off wouldn't get very far, but unfortunately it might also be true for Matt Richmond's original Rent-a-Goat.

There's no doubt that Mike the Goat Shark could (and does) make a very good living renting his goats out, but Matt's business model is too full of holes for the Sharks to seriously consider investing. Additionally, he's basically a middle-man with nothing proprietary about his business, so he's bound to attract competitors if he is successful, and he'll have no patents to protect himself.


The Entrepreneurs Behind Rent A Goat

Matt Richmond

Matt Richmond


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