Sharks In The Water

Yesterday I saw the show Shark Tank for the first time, it was awesome!  Its about people who have startup companies pitching their ideas to 5 "sharks" who are successful businessman and who will invest in their company if they believe in it, which is where they become sharks because they rarely buy in!  What is fascinating about it is that the sharks ask great questions that quickly get to the heart of the investment, "Has it made any money to date?"  "Why do you think your product is better than everyone else's who makes the same thing?" "You're a scam artist."

Ok the last one wasn't a question, but this Socratic Method of business is so awesome!  When you ask the right questions you quickly figure out whether one risk is better than another.  Everyone takes risk but not everyone takes an educated risk.  For little people like me who grew up not as a natural entrepreneur it is imperative to find people who I can glean insightfulness from, which is why I quit teaching and followed a crazy path into real estate.  I was definitely led to an opening as an Executive Assistant with a development company where I daily see the "sharks" do business.  What can I tell you about the wisdom I am learning, is that a shark is a shark not because they bite, but because they always seem to know where to take the biggest bite!

http://abc.go.com/shows/shark-tank