Saturday, August 13, 2016

Just Plain Bill

Shark Tank Fails

I’ve been a fan of the reality television show Shark Tank for quite a while. 

As I watch entrepreneurs make a pitch to the panel of millionaires, trying to gain financial and personal support for an exchange of equity percentage, I am amazed by the fact that very few presenters have done their “homework” by doing a needs analysis to learn the interests, the background, the families, the education, and the many successes and failures on the sharks’ paths to success – and wealth.

The Internet makes it rather easy to create a dossier, much as I did when I was selling mortgages in Chicago. This important step led to greater success with building relationships and increased sales. So I’m not sure why more folks do not embrace this critical research process.

I’m sure it can help the entrepreneurs with their pitches, as they can make personal connections with something in a shark’s life, providing an extra value in relating with the sharks for the purpose of providing the financial guidance and investment urgently, sometimes desperately, being sought.


What’s stopping them? 

No comments:

Post a Comment