Shark Tank – Reality TV
Shark Tank may be the best show ever for Entrepreneurs. Each week close to 8 million viewers tune in and get excited about each Entrepreneur asking for The Sharks‘ help. The show is very social and interactive: Twitter goes crazy as The Sharks tweet live during the show. Fans are able to have conversations and get more information from investors, entrepreneurs and the Sharks themselves.Each episode has five investors who hear funding requests for companies ranging from pure start-ups to multimillion dollar businesses. If the Sharks like the business, they’ll negotiate with the entrepreneurs. It can get heated in the Shark Tank since the Sharks are investing their own money.
The deals made on Shark Tank do not finalize until The Sharks perform due diligence on both the company and the entrepreneur. Investments agreed to on the show often die during the vetting process for a variety of reasons, despite having an on-show agreement.
Official ABC Shark Tank Media
The show is halfway through Season Four. Current Sharks are Mark Cuban, Daymond John, Kevin O’Leary, Barbara Corcoran, Robert Herjavec and Lori Greiner.
Entrepreneurs go through an emotional roller-coaster ride. There is a regimented casting process with tens of thousands of applicants.
More businesses tape a show segment than are eventually shown. The producers select the most entertaining presentations and then notify each one a few weeks before their episode airs.
The best preparation for an appearance on Shark Tank is setting up as many pitches to Venture Capital and Angel Investment groups before facing the The Sharks. Some entrepreneurs will simulate the rapid barrage of questions by having friends and family simulate the Reality TV Show experience. Study as many past pitches as possible and record your own pitch, so you are able to study your own presentation and adjust it as necessary.
The Sharks – Celebrity Investors
Shark Tank investors include Billionaire Mark Cuban; Fashion Icon Daymond John; Investment Expert and previously aspiring Photographer, Kevin O’Leary; Real Estate Mogul Barbara Corcoran; QVC Queen and Inventor, Lori Greiner; and Software Mogul and Ferrari Challenge Team owner, Robert Herjavec. Info-Commercial Pioneer Kevin Harrington and Comedian Jeff Foxworthy are previous Celebrity Investors.
Emmy Nomination – Top Rated Friday Night Show
ABC’s Hit Reality TV Show tops the rating charts and is in its fourth season. The show received an Emmy nomination in 2012, and may be the best reality show ever produced. The Sharks offer Entrepreneurs over $10 Million dollars in Season Four, topping Season Three when they offered $6.2 Million dollars.