Close Menu
futures-bitcoin
    Facebook X (Twitter) Instagram
    • About Us
    • Contact Us
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    Facebook X (Twitter) Instagram
    futures-bitcoin
    • Home
    • Bitcoin
    • Bitcoin Mining
    • Business
    • Technology
    • Contact Us
    futures-bitcoin
    Home - Will Shark Tank Do the job?
    Will Shark Tank Do the job?
    Business

    Will Shark Tank Do the job?

    adminBy adminJune 5, 2025No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The job of Shark Tank is to deliver customers, audiences and excitement to budding entrepreneurs, and of course the Sharks invest their time, energy and money in helping them be ready for their ‘moment in the sun’. However with only 237,000 viewers for the first episode of this current series I am disappointed for all concerned. Smart Company asked me to write a piece of advice and reflection as the show moves to a different phase. I have re posted here.

    On the cusp of a new season of Shark Tank it has given me a moment to reflect on Angel Investing in Australia. What works and what doesn’t work…. And it all starts with the ‘pitch’… but once that is over then the critical piece for any business is its ability to find customers (or audiences) cost effectively.

    PITCH PREPARATION

    It is said ‘never forget that you only have one opportunity to make a first impression – with investors, with customers, with PR and with marketing.’

    I am in the fortunate position of having seen hundreds of ideas pitched, both as a Shark Tank investor and as an angel investor in a variety of industries. The one question that always sits in the back of my mind is ‘how big is the customer base for this idea?’ And can you find them cost effectively.

    The level of investment being sought may well determine the overall approach. It does not matter who is being pitched to – remember that heart is just as important as the head. It is often the passion of the founder that encourages those listening (or reading) to be engaged and interested to begin the journey of investment.

    If you are pitching, then research who you’re pitching to. Every potential investor has a different reason for investing. What do they believe in? What is their background and experience? What is their area of expertise? Do the work and find out as much as you can about the people behind the ‘investor’ label.

    People do business with people, and investors invest in people.

    FINDING CUSTOMERS

    Shark Tank has a special place in many people’s hearts. We love the concept that someone with an idea can make it big. We love to watch people put their hearts on their sleeves, risk it all to show Australian audiences what is possible. I read a statistic once that 9 out of every 10 adults in Australia has a business idea – but does not know what to do with it.

    When I think about the role of angel investors, it is not just the experience, contacts and business know how that the right investor provides it is also audience. I think of the wonderful Remarkable Accelerator program and the reason that it works is that inventors, founders and scientists have access to the greater community through the Cerebral Palsy Alliance – a ready-made customer base. If you are bringing a disability invention to market then you can test, fine tune, and ultimately sell your product to a very accessible audience.

    People pitching on Shark Tank come with a similar expectation. That on the night that their episode appears people will be watching. This is why the show works in the US, they have massive audiences, and if the product is ready, they will sell millions on the night. It is the job of the network to deliver audience and customers to the investors and the inventors – it is an essential part to make the concept work.

    I will be watching with my fingers crossed hoping that the network does its job in what is the Aussie dream of invention.

    Let the great game of business begin, and let’s hope they find the audiences and customers needed to make Shark Tank Australia viable.

     



    Also published on Medium.



    Source link

    Post Views: 12
    job Shark Tank
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    admin
    • Website

    Related Posts

    Weighing the Pros and Cons of Free City WiFi

    June 28, 2025

    Dr. Drew Pinsky’s Advice for Dealing With Rejection

    June 26, 2025

    Starting off the new financial year the right way!

    June 22, 2025

    When a Shark meets a Dragon

    June 21, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    About

    At Futures Bitcoin, we are passionate about the revolutionary potential of Bitcoin and the transformative power of futures trading. Our platform is dedicated to providing a seamless and secure environment for traders to engage in Bitcoin futures trading, backed by cutting-edge technology and a commitment to excellence.

    Get Informed

    Subscribe to Updates

    Get the latest creative news from farm-bitcoin about crypto, bitcoin, business and technology.

    Loading
    Top Insights

    How Soon Until We See Widespread Bitcoin Mortgages?

    June 28, 2025

    Weighing the Pros and Cons of Free City WiFi

    June 28, 2025
    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Contact Us
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    Copyright 2025 Futures-Bitcoin Design By Prince Ayaan.

    Type above and press Enter to search. Press Esc to cancel.