The only show I really enjoy, and learn from, on TV is ABC’s Shark Tank. I actually don’t even watch it on TV because every single season and episode is free on Hulu. The show is produced by Mark Burnett and is based on the Canadian show Dragon’s Den. Each episode features a panel of five rich investors called “Sharks.” The Sharks have either sold their businesses for millions (or billions in Kevin O’Leary’s case) or have sold billions of dollars worth of products, like Lori Greiner did on QVC. They each bring industry knowledge to the table and have different specifications for what they invest in. If you come in unprepared, they will ask you the right questions and you will look like a fool on TV and not get any money. On the other hand, if you have a very strong product, without much revenue attached to it, they may still bid on it. There is no formula for what they will invest in, but after watching every episode, here are some lessons that I learned about entrepreneurship.
To read the full, original article click on this link: 5 Entrepreneurship Lessons From ABC’s Shark Tank : Money :: American Express OPEN Forum
