Shark Tank IG Infographic

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Several people know about the popular television show “Shark Tank” on ABC. It has given many entrepreneurs the ability to gain national exposure. With the help of the “sharks”, people have also obtained money to either start or grow their own business. The following information will give you the advice you need to help you learn, get your own business noticed, and grow toward success. You’ll also learn how using a mobile device will help you grow your business without the need to work in an office every minute of the day.

Working On-The-Go

Several workers – employees and entrepreneurs alike – are working remotely. Maintaining a virtual office allows them to work from any location. However, it has also caused other issues. Therefore, many companies have created a Bring Your Own Device (BYOD) plan that incorporates several rules.

Such rules include having a phone feature that allows you to remotely erase all the data. This will allow information to be deleted if the device is stolen.

If you are going to work with a company, make sure that you can access their VPN and company cloud. Doing so will allow you to use an encrypted network with storage that the employer will see in case they need to make changes.

Remember, when you use a company phone, the device belongs to them. It is not your personal device. However, if you chose to become your own entrepreneur, there are other issues to consider.

Becoming An Entrepreneur

Through seven seasons of ABC’s “Shark Tank”, several things have happened, as you can see from this infographic. Over the course of 151 episodes, there have been 609 pitches, and 328 deals made. Of those deals, only one-third of them actually closed. So, as you can tell, pitching is not enough. Before you venture out for an investment, you need to know many things:

Understand the target’s need – You may want to promote something. But, if no one else is interested, you’re out of luck. Find a target audience, and build a product around their needs

  • Be Prepared – In short, know the numbers. If you don’t know them, bring a partner to the meeting who can help you
  • Network – Since it’s impossible to know everything, you need to get investors that will give you insight and connections to steer you in the right direction
  • Negotiate – You may have certain numbers in mind. But, if you aren’t willing to compromise, you’ll probably go home empty-handed
  • Listen – Whether you get an offer or not, an investor will give you great advice. Taking it will help you learn, and grow for the future. Remember that failure is part of the growing process.

You can get more information from the following infographic:

 

Conclusion

Developing a startup business is cumbersome. However, “Shark Tank” investors can give you helpful knowledge. Remember to take good advice, do your own research, and check how you can work while on-the-go. The combination will help you learn, grow, and succeed.

Nick Rojas is a self-taught, serial entrepreneur who’s enjoyed success working with and consulting for startups. He concentrates on teaching small and medium-sized enterprises how best to manage their social media marketing and define their branding objectives.

 

 

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