Should You Try to Get on Shark Tank If You Are Trying to Start a Business?

• Is your business ready for the public eye?
• Do you have a unique and compelling product or service?
• Are you prepared to face tough questions and possible rejection?

• Exposure: Shark Tank is watched by millions of people, providing a tremendous amount of exposure to your business and its products or services. This exposure can lead to increased brand recognition and customer acquisition.
• Validation: Being selected to appear on Shark Tank validates your business idea. The show's panel of successful entrepreneurs, known as sharks, are industry experts who can offer valuable insights and validation for your business model.
• Investor Opportunities: Pitching your business on Shark Tank gives you the opportunity to secure investments from seasoned investors. These investors not only provide financial support but also bring their expertise, network, and guidance to help your business grow.
• Marketing and Publicity: Even if you don't secure a deal on the show, the mere act of being on Shark Tank can generate significant publicity for your business. You can leverage this exposure to enhance your marketing efforts and attract new customers. Even if your offer is rejected, you still win!

If you think you might be interested in taking your business to the next level, and appearing on the show, click here to get the application to appear on Shark Tank

• Equity Stake: When the sharks invest in a business, they typically ask for a percentage of equity in return. This means you will have to give up a portion of your business to secure their investment. Carefully consider the terms and implications before making any agreements.
• Preparedness: Appearing on Shark Tank requires extensive preparation. You need to have a solid business plan, financial projections, and a convincing pitch in order to impress the sharks. Make sure you have thoroughly researched and prepared before stepping onto that stage.
• Rejection: This is a common outcome on Shark Tank. Even the most promising business ideas can be turned down by the sharks. Understand that this rejection does not mean your business is not viable. Learn from the experience and use it to improve your pitch and business strategy.