10 Lessons Shark Tank Can Teach Us About Business

10 Lessons Shark Tank Can Teach Us About Business

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Shark Tank is one of those binge-worthy TV shows, especially if you're into business and innovation. It's about a group of multi-millionaire and multi-billionaire angel investors who give funding to entrepreneurs with brilliant ideas, and also help them grow their businesses through mentorship. Every small business owner knows, the exposure from the show alone is enough to make one want to get a shot with the sharks. Since not all of these brilliant ideas make the cut to impress the sharks, some have to settle for just taking away some of the show’s most important lessons. Today we list for you 10 great amazing lessons we could all learn from Shark Tank. Enjoy!

#sharktank

Timestamp
00:00 Intro
00:38 Communication is a product
01:41 Doing Your Homework Pays Off
02:56 Don’t Accept The First Offer
03:49 Humility First
05:04 Know Your Production Costs
05:58 Feedback Matters
06:40 Always Think Like a Shark
07:30 Innovation Involves Everyone
08:17 Know Your Value
09:40 Control Your Debt

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