In the following article, top business coach and personal development expert Sabrina Watson shares what it is about Shark Tank that makes it so successful. When a group of middle aged men in suits give... Each week, millions of people tune in to the ABC reality TV show Shark Tank in order to watch people pitch their products or ideas to a panel of investors with money. Although this show is primarily watched for entertainment purposes, many people believe that it can actually be used as a marketing tool for businesses. In the following article, top business coach and personal development expert Sabrina Watson shares what it is about Shark Tank that makes it so successful. When a group of middle aged men in suits give out money to struggling businesses, people are interested. That is the philosophy behind the reality show that is Shark Tank. Not only do the sharks listen to pitches from aspiring entrepreneurs, but they also engage in witty banter with each other, which makes for good television. A lot of people tune in weekly because they want to be entertained by what goes on in between pitch sessions. Each week, millions of people tune in to the ABC reality TV show Shark Tank in order to watch people pitch their products or ideas to a panel of investors with money. Although this show is primarily watched for entertainment purposes, many people believe that it can actually be used as a marketing tool for businesses. In the following article, top business coach and personal development expert Sabrina Watson shares what it is about Shark Tank that makes it so successful. When a group of middle aged men in suits give out money to struggling businesses, people are interested. That is the philosophy behind the reality show that is Shark Tank. Not only do the sharks listen to pitches from aspiring entrepreneurs, but they also engage in witty banter with each other, which makes for good television. A lot of people tune in weekly because they want to be entertained by what goes on in between pitch sessions. The show may be considered to be like watching a train wreck to some people who find these types of shows entertaining. However, for those who genuinely believe that it can be used as a marketing tool, there are some lessons that can be learned from the show. According to the Shark Tank website, "Shark Tank's goal is to help entrepreneurs create successful businesses." The show has already helped launch over 800 companies and has had an estimated lifetime return on investment of $70 billion. Since it first aired in 2009, Shark Tank has been referenced or referenced Shark Tank in at least 315 new television shows and movies. Some of the most recent examples of this include: The Office, American Idol and Kitchen Nightmares. Some people believe that the sharks on the show only invest in new and innovative ideas that people haven't had success with before. However, this is not true. According to Business Insider, the sharks have invested in companies that are already in business in addition to new ones. This would suggest that the sharks are investing in what they see in front of them. They are not picking apart ideas or focusing on whether or not something is new or innovative. Many people believe that when you apply for Shark Tank, you should be ready to jump through hoops and do whatever it takes to get a deal done right away. However, the website states that "The Sharks receive hundreds of business plans each year." Each week on the show they can only choose a few companies to invest in because there are only so many episodes per year. 8eeb4e9f32 32
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