Marcus Lemonis announces new CNBC show ‘The Partner’
Marcus Lemonis is looking for someone he can train and groom as his new business partner. Could that be you?
To find the right person he has borrowed an idea from Lord Sugar who hosts the UK version of The Apprentice. In the UK Apprentice Lord Sugar doesn’t hire the winner as an employee but rather takes them on as a partner. Specifically, he invests 250K pounds in the winner’s startup. Marcus’s offer will be a bit different.
Lemonis will select six to eight contestants for a six-week television program. When the series ends, he’ll pick one of them to be his new partner and protégé.
“This is an application to apply for the chance to be a partner in every business you have seen as part of ‘The Profit’ and even some other ones. … It will be for a three-year employment contract for $150,000 a year and 1 percent of the total equity of Marcus Lemonis LLC.”
Marcus has equity in about 100 companies.
So this is your big chance, Marcus Lemonis fans!
If you’re a Tycoon Playbook grad, this is right up your alley!