You’ve probably heard of the South Beach Diet and the Atkins Diet, but are you ready for the Smartphone Diet? The makers of an app called Fooducate promise to turn your smartphone into a personal diet guru that will tell you: Don’t eat that, eat this instead.

Fooducate’s founder Hemi Weingarten has an ambitious goal, "Hopefully one day we'll be considered the Weight Watchers (WTW) of a new generation."

CNBC gave him 60 seconds to prove he can pull it off. You can see his Power Pitch and judge for yourself, plus see what a “Top Chef Masters” winner and a venture capitalist have to say about his app.

Brian Scudamore is a serial entrepreneur who likes to get rich doing the chores we dread. He’s already built an over $100 million dollar empire around taking out the trash; now, he’d love to scratch another chore off the list of things many of us hate to do: painting your home.

Scudamore believes he can remake the painting industry and make millions doing it, so CNBC gave him 60 seconds to prove it. Can he convince a panel of experts his idea has what it takes to succeed and more importantly can he wow you with his Power Pitch? Click the video to find out.