Does anyone watch Shark Tank? (accidentally just posted this in the wrong forum...sorry, mods!!)

14 replies
I was wondering if many other warriors, besides me, watch Shark Tank on ABC? It's a great, very entertaining show to watch, especially if you're an entrepreneur. The show consists of entrepreneurs pitching their ideas to wealthy investors ("the sharks"). You get to see lots of creative people pitching great business ideas. It's also a really good show because you get to see, from the perspective of a business investor, what makes a business valuable or worth investing in. It's a great show. I don't watch TV, but I make the one exception for this show. I actually just catch up on the episodes from my computer, while I'm doing work. If you enjoy seeing good business ideas, and you want to gain some insight into how multi-millionaires and billionaires think and value businesses, I highly recommend this show.

-Terry
#accidentally #forumsorry #mods #shark #tank #watch #wrong
  • Profile picture of the author shaynjordan
    I love that show!

    Apparently there is a British show like that and we "stole" it from them but I love love love it!

    I actually still have a few on TiVo because I have been so busy with creating content that I haven't been able to watch the rest of the season.
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  • Profile picture of the author Jeff Schuman
    Shark Tank is one of my favorite shows. I wish I was creative enough to think up some of the things people come up with to start their own business.
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  • Profile picture of the author Paul Gram
    I love Shark Tank and am glad it's back for another season. It's interesting to see the mindset/decision making process of the billionaires.
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  • Profile picture of the author Anthony Gibson
    Originally Posted by William Meers View Post

    ShartkTankJV.com is about to air in a few weeks too. It's an IM based show with IM shark tank deals
    I'm looking forward to it btw Will!
    Should be an amazing show!

    Anthony
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  • Profile picture of the author Rags2Richs
    Hard for me to watch that show. sort of like the Gong Show. I get embarassed for the losers guess I have to much empathy.
    Insight re: Mark Cuban. I had an office here in Dallas near his Mavericks office. He had telemarketers (about 30) on the phone selling tickets to the games (practically giving them away) so the seats would always be filled. That was important to him when the Mavericks were in last place and not much interest in fans paying for seats. Says alot about his competivness and pride.
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  • Profile picture of the author Diversion52
    I love shark tank. I've seen them all. Also Dragons Den CA. It's a shame though that their not being sold anywhere on DVD box sets or any other format. That's a show that I like to have on the background. It gives me a lot of ideas that I constantly write down and think "someday when I get things going, I can do this too".

    I have that list very well documented and I can pretty well trust that however things go in the future, I will never run out of business ideas.
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  • Profile picture of the author thedanbrown
    Shark Tank and Dragon's Den are both great shows. Very entertaining to see how venture capitalists analyze businesses and it's also a bit of a rush seeing someone's great idea blossom and then you hear about their business months later.
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  • Profile picture of the author John Rogers
    The number of people on that show who absolutely have no clue how to pitch their idea absolutely blows my mind. The show has been on long enough that everyone should have no doubts about what the sharks are looking for.
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  • Profile picture of the author dmail333
    I love "Shark Tank" I record and SAVE.. all the shows. I just found it this year. Not sure if it's been on for more than 2 seasons.

    I'm gonna buy all the old shows when they start having box sets. Thanks For The Post. My wife and I have been meaning look for episodes online. I'm gonna try to find the British and Canadian shows too.

    Anybody knows the names of those shows?
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    • Profile picture of the author kleo
      Originally Posted by dmail333 View Post

      I love "Shark Tank" I record and SAVE.. all the shows. I just found it this year. Not sure if it's been on for more than 2 seasons.

      I'm gonna buy all the old shows when they start having box sets. Thanks For The Post. My wife and I have been meaning look for episodes online. I'm gonna try to find the British and Canadian shows too.

      Anybody knows the names of those shows?
      Dragon's Den in both Canada and the U.K.
      In Canada it's in year 7 already.
      Mark Burnett picked up Kevin O'Leary and Robert Herjavec from the Dragon's Den in
      Canada. Robert just left the Canadian version this year but Kevin O'Leary is still on.
      If you got to CBC.ca they show episodes on-line.
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  • Profile picture of the author aliveder
    I watched a few episodes of both Shark Tank and Dragon's Den. Very entertaining, but I squirm at times.

    I also do not like the deals that some of the investors make with the candidates. It almost seems like they are ripping many of them off.

    Also there is very little constructive criticism, mostly just harsh criticisms and pouting from Mark Cuban. I understand time constraints of the show, but the investors need to elaborate more on why they are rejecting/accepting a deal. It is not just for entertainment purposes, it is for people who actually want to learn.

    I also see a lot of products that I know could make money be rejected because they are just considered a knick knack.
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    • Profile picture of the author Green Moon
      Originally Posted by aliveder View Post

      I watched a few episodes of both Shark Tank and Dragon's Den. Very entertaining, but I squirm at times.

      I also do not like the deals that some of the investors make with the candidates. It almost seems like they are ripping many of them off.
      That's why they call them sharks. It is not a "friends and family" investment show.

      Originally Posted by aliveder View Post

      Also there is very little constructive criticism, mostly just harsh criticisms and pouting from Mark Cuban. I understand time constraints of the show, but the investors need to elaborate more on why they are rejecting/accepting a deal. It is not just for entertainment purposes, it is for people who actually want to learn.
      I agree that they are very short on explanations. Each of them has their own reasons that you pick up on after a few episodes. Daymond usually needs to see a way to add value based on his skills and/or contacts. Kevin generally seems to be at the other extreme where the investment needs to start returning cash on its own very quickly.

      Originally Posted by aliveder View Post

      I also see a lot of products that I know could make money be rejected because they are just considered a knick knack.
      Generally, the sharks, like almost any professional investor, are looking for something that can scale up. That is a big problem I've found with many entrepreneurs. They may find a niche where they can make good money without a lot of competition but the niche is so small that they are never going to have enough revenue to support the infrastructure of a real organization. An individual may do very well with a business with revenues of a half a million dollars a year but few investors are going to want to own 20% of a $500,000 a year company. Where is the exit strategy for a business like that?
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