Badalte Bharat ki nayi soch ko mil raha hain ek naya manch, jahan ubharte businessmen ke sapne honge sach!
Celebrating India’s growing entrepreneurship ecosystem, Sony Entertainment Television promises to offer a refreshing experience for business enthusiasts with the very first edition of the World’s No.1 business reality show format – Shark Tank India.
This revolutionary show will allow budding entrepreneurs to make it big by pitching their business ideas to a group of eminent self-made businessmen aka The Sharks and seek their investment. A perfect business pitch is all it takes to impress the Sharks. Witness dreams turn into reality by diving into the world of Shark Tank India started from 20th December, every Mon to Fri at 9:00 pm.
Apart from great and extremely applaud-worthy business ideas, another good part of the show was the explanation of business terms used during the conversation between the SHARKS and the budding entrepreneurs. That helped the non-business background audience understand the business market better.
The ‘sharks’ are one of the major reasons why the show is highly popular among fans. Anupam Mittal, Ashneer Grover, Namita Thapar, Aman Gupta, Vineeta Singh and Peyush Bansal are pioneers in their own field and how they conduct the show does not feel like many of them may be first-timers on a reality show. They add quirk, seriousness and humour in the show all while making the pitchers feel comfortable and not intimated by their presence. The ‘sharks’ truly feel like they are one of us and that makes them relatable and fun to watch. You can also learn from their acumen and years of experience and apply this knowledge in your own life.
Here are some of the most important lessons that we have learned from Shark Tank India.
Understand Your Business In & Out
Before starting any business, it is very important to understand its working in and out. Study and research all the internal as well as the external factors that can affect your business in the long run. You need to understand where your business stands today and what are the growth possibilities ahead.
One thing that shark tank has taught us all is that having a long-term plan and forecast of your business is very crucial.
Importance of Idea
Shark Tank saw participants not only from big cities but from all corners of the country from agriculture to tech, from underwear to space no field was touched untouched. But no idea is small this message reached every house in the country.
Work On Yourself
While it is important to give the necessary time and effort to your company to help it grow, it is also essential that you grow as a person. When you start a business, you tend to be naive and on a learner stage. But with time, you need to incorporate the knowledge and confidence that is very much needed to stay put it the market today.
Read financial and business books, learn the technical jargon used on a day-to-day basis and evolve your understanding of the market.
Passion is what separates you from the ordinary.
Passion is something everlasting, drives desire, gives you a sense of purpose and change, and adds that edge.
Here it might be pitching a business idea, but in real life, when you’re passionate about your job then you love doing it, and it interests you. You ensure whatever you dip your hands in, you do it accurately, attentively, and wholeheartedly. As a result, there’s no room for distraction or disruption.
Moreover, when you enjoy your job, your mental state improves. You’re more innovative and relaxed which helps bring out the best in you.
Be A Risk Taker
Being an entrepreneur is all about taking calculated risks. To succeed in the long run, one needs to make some risky decisions rather than play safe. However, it does not mean that you need to take abrupt decisions but need to assess the entire situation and then take the required action. It could either be related to investment or expansion, or any other topic.
Make moves that make sense for you
What does this mean? From a Shark Tank point of view, some small businesses should not go to investors and must continue doing what they’re doing.
At the end of the day, everyone strives to be successful. But you need to dig deep and figure out what success means to you. In reality, success means whatever you want it to mean. It may be monetary, it may be emotional, it literally means anything.
One person’s success differs from another, so it’s best not to compare. And believe it or not, you’re already successful in some way and you haven’t realized it yet!
Focus on things you want to achieve and give it you’re all.
Never let your failures define you.
“Don’t cry over money, because money will never cry over you.”
Sometimes, it feels like everybody who goes on Shark Tank cries.
But here’s the thing: business is extremely personal. It’s like losing a game. Get up. Realize that it is what it is, and even the most successful people have made countless mistakes in their lives.
When you lose money, it’s normal to feel bad about it. Feeling bad is what motivates you to do better next time. What’s not healthy is to refuse to move on.
Shark Tank India is not just an entertainment-based reality show meant for passive consumption. If you watch a couple of episodes of the show, chances are you may very well be on the way to investing in any of the businesses you may have heard of. If not this, you will at least try to gather more information about what investing and entrepreneurship are about or have discussions with your friends about it. The show helps in building skills as you discover newer ways to grow your money. It’s infotainment at its best.