So Robert Herjavec Tells Me That…
I need to make a confession, I seldom watch television show, especially reality shows, one reason is that I am very busy, and usually there are so many episodes to catch up on. Another reason is that I feel like all the scenes are scripted, it doesn’t feel real to me.
Till I saw Shark Tank, I can’t stop watching it, I watch every episodes of it eventually. The pitching process is short, so I don’t have to wait for another episode to know the result, and they make it clear in the beginning that all the pitching are real, sharks are spending their own money to invest, which giving me a much immersive feeling when I am watching it. During the time I’m watching the show, I have learned so many new ways of thinking, and here are few of them I wound love to share with you.
What is Shark Tank? ->
Shark Tank is an American reality television series that premiered on August 9, 2009, on ABC.The show is a franchise of the international format Dragons’ Den, which originated in Japan in 2001. Shark Tank shows aspiring entrepreneurs as they make business presentations to a panel of five “shark” investors, who then choose whether to invest as business partners.
A goal without deadline is simply a dream
If you only hold the intention for your dream without taking real actions, the dreams will still be dreams. If you are taking actions without deadline, it will be hard for you to grow from experience rapidly. You have to keep in mind what product you want to make or what goal you want to archive all the time, because there’s another person in this world who have the exact same dream with you, so you really need to work harder to fulfill your dreams.
Don’t define the goal you can’t archive
If you only sales 200 pair of shoes this month, don’t predict yourself will make it to 20,000 next month, because you will start to look for a risky and unproved methods to sale your product, instead of creating a long lasting business model, and the key to make a a long-lasting profit is always to have safe methods to gain revenue.
Focus on the true value of your product
You can launch some creative marketing events to promote your products, but it only provide you a short term success and fame, if you want to have a product that is able to keep a sustainable profitability, you have to really to consider building up the core functions of the product that truly value to the users, and stop thinking that your product is not successful yet just because it’s in lack of marketing.
Big problems, small problems, tiny problems
Here are plenty of problems are waiting for a solution, but not all problems affect evenly to people, some problems are huge and need to be fixed immediately, and some problems are just tiny and acceptable for most of the occasions.
For example, theres one pitching about a paper box that can be assembled faster than traditional paper box (compare to the traditional one, this only need to pull a sting to finish assembling.), the scenario entrepreneur suggests are: during the Christmas Eve and the moving houses, people need to pack stuffs, and so they will buy this paper box to save time on assembling. But here comes the reality, although time always matters to people, but during the time when people are packing stuff for moving house, time is not matter that much, and so it becomes a tiny problem for this scenario, comparing to spend more money on buying faster-assembled boxes, they are more preferring to buy cheap traditional paper box instead.
You have to decide when to give up
Don’t waste your time for insisting on wrong decisions, your dream can be changed due to different occasions, such as you are not sure that you still hold the same passion you got when you start it, or maybe you just realize that you are in lack of potential at certain job. You have to realize that its totally okay to change the goal of your life, and it doesn’t mean that you are wrong or fail, it means you have learned so much about yourself and start to know what you are looking for.
I was not believe in that a reality show could be actually educational, but the more clips I seen from the show, the more new way of thinking I discovered, since the the season 5 of Sherlock is still a long way to go lol, I really recommend to watch Shark Tank and discover some funny products they are pitching or even learn some new way of thinking as well! :)
