Reality shows are very popular all around the world. Not only it is exciting for the contestants but also exciting and fun to watch for the audience. One such show is SharkTank. SharkTank is the most famous business reality show that has become a beacon of hope for thousands of entrepreneurs all around the world. Which is getting ready to make its debut in India, will air on SonyTV.
Sony TV has already posted a promo on its social media handles announcing SharkTank India. In the promo, we can see a young man seeking support for big dreams. Then he finds SharkTank India as a beacon of hope to prove his ideas’ potential. After the promo video went viral, many entrepreneurs are eagerly waiting for the show. Even the audience is eagerly waiting to see the Telugu version of the show.
SharkTank is not just a reality show, it is the new beginning for thousands of small businesses. It has completely changed the entrepreneur’s life. The show features 4 to 5 investors, who are called Sharks, who evaluate, guide, and invest in contestants’ small businesses. Contestants are generally small business owners or startup owners or entrepreneurs and innovators.
After changing millions of entrepreneurs, small business owners and innovators live, the show is finally entering India. India is the fastest-growing country that never lacks new business ventures and aspiring entrepreneurs. Many entrepreneurs and small business owners who are struggling to take their businesses and ideas to next level know that this will be the best choice.
First, they have to pitch their business idea to the Investors or Sharks who will analyze and evaluate the business. Based on its potential and actual numbers, like real-life sales, revenue, and profits, they will decide. If they like the idea and see the potential in the business, then they will offer their deals.
Each investor can choose the amount he invests based on their interest in the business model that was presented for them. Contestants may get more than one offer. If the contestants who are seeking for investing to take their business to next level will choose the best deals between them.
Also, contestants will have an option to offer counter deals if they don’t think the investor’s deal is not fair enough. Based on mutual understanding between investors aka Sharks and contestants aka business owners will move forward. Investors not only their money, but also they will guide you and provide you with the necessary opportunities to take your business to the next level.
However, to reach that level first, you have to prove yourself and your business. It mainly depends on your business potential. Also, makes sure that you have some real-life numbers in sales, revenue, and acquisition before going there. Because if you think that you can just pitch the idea without implementing it or just on the air, you are not going to fool anyone except yourself.
Investors who will be sitting there are the experts in analyzing and evaluating businesses. They may give you some hard time to ensure that they are investing in the right business. However, if you are confident about the business model and have real-life numbers to prove, then this is your best bet.
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