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[Updated 2023] 10 Best PowerPoint Presentation Templates for Pitching Your New Business on Shark Tank

You walk down a dimly lit hallway. The doors at the end open, and you find yourself standing in a massive room with a set of mounted screens just to your right. A TV camera pans over to the stage in front of you. And a group of five familiar (and oddly intimidating) figures appears to shift in their seats, ready with their pens and pads, about to hear how your new business is going to change the world.

Welcome to Shark Tank!

For any entrepreneur, no matter how young or old, big or small, pitching their business on Shark Tank, the popular ABC TV series, has become a dream of sorts. It’s just that some have gotten their dreams to the next level; some have watched them get torn apart, all thanks to Shark Tank.

For the uninitiated, the series, which was recently renewed for its 13 th season, showcases the drama and tension of business pitch presentations by having self-made billionaire investors or “sharks” analyze and decide on whether to invest in businesses based on how entrepreneurs present them.

Some notable “sharks” on the show (and also the regulars) are technology mogul Robert Herjavec; venture capitalist Kevin O’Leary (rightly dubbed as “Mr. Wonderful” on the show); New York real estate queen Barbara Corcoran; retail empress Lori Greiner; clothing magnate Daymond John; and the billionaire owner of the Dallas Mavericks, Mark Cuban. Besides, the show also features some guest sharks, Ashton Kutcher, Chris Sacca, and Alex Rodriguez, to name a few.

A chance on Shark Tank has turned out to be a brilliant opportunity (PR or otherwise) for several contestants. But to convince the sharks, who know hustle from inside out, to even consider giving you the chunkier end of the deal can be next to impossible.

Now we are not saying you have to get a spot on the show right away (you might; if you do, good for you !). But the bottom line is that every investor pitch has many parallels with a nerve-wracking demonstration on Shark Tank. And a well-crafted presentation is key to winning over your lenders (though it may or may not get you air time).

So here’s a quick blog showcasing SlideTeam’s 10 best PowerPoint presentation templates that fit any business pitch as exhilarating and challenging as Shark Tank. Handy tips to captivate each shark included. Time to take a deep swim! Here we go!

But first, a dose of inspiration

According to an estimate, close to $2 billion has been adjudged in company valuation on Shark Tank so far. And all this has been accompanied by a roller-coaster of presentation, perspiration, and persuasion. Thousands of contestants have tried staking a claim to the great American dream. And it’s simply inspirational how this dream has come true for many (if not for all).

Who can forget the power-packed presentation by Rener Gracie, the founder of Quikflip, a company making reversible backpack hoodies, on season 10? Not only did Gracie checked all the boxes, he grabbed a lucrative half a million-dollar deal with Lori Greiner, all while barely letting the sharks get a word in during his energetic pitch.

Then you’ve got Greiner and Mr. Wonderful teaming up for investment in Mee-Ma’s Louisiana Gumbo Brick, whose creator and founder, Carol Foster, was struggling with homelessness at the time.

Another exciting business pitch came from Shane Pannell, the founder of Sweepeasy, a company making brooms with a built-in scraper. Pannell hadn’t even sold a single unit at the time and was working with a prototype. But the concept was good enough to reel in Kevin Harrington and Daymond John to invest $80,000 for a 25% equity stake.

That’s the beauty of delivering a presentation on Shark Tank. You have endless possibilities just a pitch and a negotiation away .

But what’s the secret sauce to hook a shark (or any tough investor for that matter)? What gets their mind going cha-ching? Watch the video below to learn how to crack the code from the sharks themselves.

One of the highlights in this video and an absolute favorite came from former NFL champion Al “Bubba” Baker seeking investment in his deboned baby back rib steaks company. You can factor in the practical demonstration as a significant driver behind the pitch. But what convinced Daymond John to invest $300,000 for a 30% stake in the company along with a licensing deal was Bubba’s ability to tell a story and be relatable. “That man can sell you anything,” quips Barbara Corcoran, for what has been the most lip-smacking presentation on Shark Tank of all times.

10 presentation templates for a Shark Tank win

Granted, that not all of us have Bubba’s motivational skills (or a wife who is sick of the messy boned steaks). But that does not mean the sharks will not appreciate a well-crafted business pitch presentation. In fact, a Shark Tank presentation backed by numbers and a creative thought process can help you bag a deal with panache.

And, of course, you will be putting your heart and soul into your pitch on Shark Tank, so the presentation has to be near perfect.

But how do you get started with crafting that kickass business pitch that convinces the sharks to take a bite of your enterprise?

Introducing, SlideTeam’s 10 best super-stunning business pitch deck templates that you can simply edit and present in front of an investor as brutal as Mr. Wonderful or as passionate as the Queen of QVC.

The most significant advantage of using these templates is that they are fully editable and developed by seasoned management consultants. So that means these can be personalized and readied to present in an investor meeting within minutes. Include these in your Shark Tank pitch, and you are good to go. Just scroll and check them out.

Template 1: Most Commonly Used Stock Pitch Deck PowerPoint Presentation PPT Slide Template

Before we deemed them celebrity investors, the sharks were self-made entrepreneurs. Some like Daymond and Robert had very humble beginnings too. Therefore, one must realize that starting off simple is always going to be in your favor. So no matter if you haven’t quite figured out the details of your exact business model yet, the following template will give you a fresh and favorable start. Just click and download this most commonly used stock pitch deck template and score a Shark Tank deal.

Most Commonly Used Stock Pitch Deck Powerpoint Presentation Ppt Slide For Shark Tank Template

Download this template

Template 2: Pitch Deck to Raise Funding From Business Crowdfunding PowerPoint Presentation Slides

If there’s one thing a hustler can learn from a Shark Tank presentation, it is that experimentation is the ladder to success. So if you haven’t gone all big and powerful right off the bat, there are still several frequently traveled pathways that have worked for many. It’s a journey that many CEOs take to see what fits and what lures the lenders. Begin your journey with the following comprehensive PPT template. You can illustrate the strategies that you utilize in your company by customizing this creative set.

Pitch Deck To Raise Funding From Business Crowdfunding Powerpoint Presentation Slides for Shark Tank

Grab this template

Template 3: Investor Pitch Deck For A Start Up PowerPoint Presentation Slides

Every once in a while, there comes a product on Shark Tank that just has a simple idea and a ton of passion behind it. For the sharks, it is a reason to get on board with the entrepreneur, fund their vision, and later reap its rewards. So to ensure that your elevator pitch promises a lot of value to the investors, you can download the following all-encompassing template.

Investor Pitch Deck For A Start Up Powerpoint Presentation Slides for Shark Tank

Template 4: Angel Investor Pitch Deck PowerPoint Presentation Slides

An angel investor on board for your brilliant idea is quite the asset. There have been plenty of startups seeking crazy valuations for products that sharks feel don’t quite live up to the expectation. However, equally crazy has been the experience for many presenters on Shark Tank who actually bit off more than they wished for and got away with it. So if you are planning to go down the same lane of luck with angel investment, then the following comprehensive template is your go-to resource for every pitch meeting.

Angel Investor Pitch Deck Powerpoint Presentation Slides for Shark Tank

Template 5: Pitch Deck Template for Entrepreneurs PowerPoint Presentation Slides

“Tell me the numbers. What are your sales?” Shark Tank fans are all too familiar with this question. And rightly so! If your business has begun gaining traction, those numbers assure the investor of some return and spark confidence. To do that, you must ensure that sales charts are the highlight of your investor pitch deck. Use the following template, and the sharks will come running to grab a piece of the deal.

Template 6: Pitch Deck for First Venture Capital Funding PowerPoint Presentation Slides

You would often see that Lori Greiner asks the contestants about the packaging. Now someone owning over 100 patents knows that the appearance of the product and its branding matter a lot and can be the instant determinant of whether it would be, as Greiner puts it, “a hero or a zero.” So choose the following template to outline the distinguishing feature of the products that you pitch to your investors.

Template 7: Slides for a Startup Pitch Deck PowerPoint Presentation Slides

As you start your new company and look for funds, use this startup pitch deck to showcase the potential of your ideas to prospective investors. Showcase the problem you are solving, the market analysis, business model, go-to-market strategy and more with the PPT Set. So if you are planning to seek funds for starting a venture, the following template can be your ultimate companion.

Template 8: Investor Deck Outline Pitch Deck Outline PowerPoint Presentation Slides

“I smell a royalty,” says Kevin O’Leary whenever an opportunity strikes on the show. In fact, combinations of royalty deals, PO financing, loaning, and line of credit have been offered to several contestants quite frequently in a blue moon. For budding entrepreneurs, this concoction of funding instruments can be overwhelming. The way out of that is to use the following comprehensive template that illustrates each concept and eliminates confusion. Download now.

Template 9: Business Pitch Deck for Food Start up PowerPoint Presentation Slides

One of Barbara Corcoran’s most lucrative investments has been Cousins Maine Lobster on season 4. In an interview, Corcoran uncovered how the owners of the company had prepared extensively before their appearance on the show and figured how to tackle EVERY. QUESTION. POSSIBLE. If that motivates you to stay on top of your numbers, then the following template will give you a reason to check all the boxes before the sharks. The template comes with data-driven infographics that you can edit and customize according to your business. So choose this template right away.

Template 10: Equity Pool Funding Pitch Deck PowerPoint Presentation Slides

What’s better than one shark? TWO sharks. But what’s even better is when all sharks want to come onboard. Such a feat has been accomplished by a chosen few through the Shark Tank seasons. But the one that truly stands out is Xcraft, the maneuverable drone company. The contestants demonstrated a super-smart pitch hitting all the pain points with complete control on the concept and the numbers, leaving the sharks thrashing to get in on the deal. To that effect, just so the problem of plenty does not bog you down, here’s a template to help you navigate the minutiae of funding with multiple investors.

Try them out!

Whether you are preparing for a Shark Tank project on air or just looking for a line of funding for your startup off-air, passion and preparation will always be the secret sauce to get investors to say yes. It doesn’t matter if you have just been able to pluck the low-hanging fruit in your entrepreneurial journey; drive and consistency will get you there. Our handy PowerPoint templates will give you the launchpad you require to make your dreams a reality.

As for preparing your presentation, whether for Shark Tank or not, you can always get in touch with our design team to craft a kickass business pitch deck for you. And if you want to start with a clean slate, check out our extensive guide on investor pitch decks . Who knows, even that high-hanging fruit could fall right into your lap. And on that note, I’m out.

FAQs on Pitch Decks

What is a pitch deck.

A pitch deck is a concise and visually appealing presentation that conveys the key aspects of a business idea, product, or service to potential investors, partners, or customers. It typically includes slides about the problem being addressed, the proposed solution, the target market, the business model, the team behind the idea, and the financial projections. The purpose of a pitch deck is to capture the audience's attention and make a convincing case for why they should invest in or support the idea. A well-crafted pitch deck can be a powerful tool for securing a business's funding, partnerships, or customers.

How to create a pitch deck?

Creating a pitch deck involves several steps, including:

Define your audience and purpose: Understand your target audience and what you want to achieve with your pitch deck.
Craft a compelling story: Develop a narrative that highlights the problem you are solving, the unique value proposition of your solution, and the potential impact of your idea.
Use visuals: Incorporate visual aids to make your pitch deck more engaging and memorable. Use charts, graphs, images, and videos to illustrate your points.
Keep it concise: Focus on the most important information and keep your pitch deck to no more than 15-20 slides.
Include the right information: Information about your team, business model, market size, competition, financial projections, and any other key information that investors or partners may want.
Practice your delivery: Practice your pitch deck several times to ensure it flows well and is engaging. Consider rehearsing in front of a small audience to get feedback and improve.
Refine and iterate: Get feedback from others and continue to refine and improve your pitch deck until it effectively communicates your idea and generates interest.

What to include in a pitch deck?

A pitch deck typically includes the following sections:

Problem: Clearly define the problem your business idea solves and explain why it is important.
Solution: Outline your proposed solution, highlighting its unique value proposition and competitive advantage.
Market: Describe the target market for your solution and provide information about the market size, growth potential, and customer demographics.
Business Model: Explain how your business will make money, including revenue streams, cost structure, and pricing strategy.
Marketing and Sales: Describe your marketing and sales strategy for acquiring and retaining customers.
Team: Introduce your team and explain their expertise and experience that qualifies them to execute your idea.
Financial Projections: Provide financial projections for your business, including revenue, expenses, and profit margins.
Milestones: Outline the key milestones you plan to achieve and when you plan to achieve them.
Ask: Clearly state what you are asking for, whether it's investment, partnership, or customer acquisition.

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Three Successful Shark Tank Pitch Examples to Learn From (And Another to Avoid)

It’s a common misconception that a startup business cannot succeed without capital. Sure, you might need some investments along the way, but the one element that absolutely is necessary is a great idea.

"Capital isn't so important in business. Experience isn't so important. You can get both these things,” Firestone Tire & Rubber Co. founder Harvey Firestone once famously said. “What is important is ideas. If you have ideas, you have the main asset you need, and there isn't any limit to what you can do with your business and your life."

Granted, Firestone couldn’t possibly have imagined in just what sorts of ways entrepreneurs would acquire both capital and experience less than a century after his death. Since 2009, inventors and entrepreneurs alike have sought much-needed capital from some of the most experienced investors in America by appearing on ABC’s Shark Tank. They pitch their ideas, products and startup businesses to a panel of five sharks, hoping to exchange capital for equity.

Plenty have analyzed Shark Tank pitch examples to determine what elements are successful and which tend to fall flat with the sharks. In fact, when the Science of People studied the first 495 entrepreneurs to appear on the long-running series, it found the 253 successful pitches shared the following qualities:

The entrepreneurs were credible.
The tone of the pitches was agreeable.
The pitches were interactive.
The pitch and the product were captivating.
The product or business was relevant.
The pitch was entertaining.
The presenters were confident.
The presentation’s message was powerful.
The pitch featured funny content.
The entrepreneur’s or the company’s story was inspirational.

Of course, even Shark Tank best pitches need a visual element, and that makes a pitch deck an essential fundraising tool. Whether it’s for Shark Tank, Kickstarter or even a lunch meeting with a local investor, every startup needs an effective pitch deck to describe the company or product, its business plan and financial information at the very least.

Successful startup pitch decks seen on Shark Tank can offer inspiration and guidance for entrepreneurs and inventors seeking an investment in their startup company. Check out the following three successful Shark Tank presentation examples that you can learn from… as well as a Shark Tank pitch template to avoid at all costs.

Brightwheel

When entrepreneur Dave Vasen pitched the sharks in 2016, he didn’t just describe his mobile app, he transformed product details into a story to which each shark could relate. Brightwheel not only helps parents track their children while at daycare, but it also helps childcare providers record and communicate activities and updates— making it relatable to anyone who has their own kids or who cares for other children.

Vasen didn’t limit himself to a powerful oral presentation. His Shark Tank pitch also featured vivid images— first of parents struggling to understand how their small children spent their days before illustrations of parents and teachers successfully communicating with the Brightwheel app. The presentation also included a detailed business plan and plenty of other data to support Vasen’s call to action, inviting investors to take part in his plan.

Ultimately, Vasen was able to raise a $600,000 investment from sharks Mark Cuban and Chris Sacca in exchange for a 4-percent stake in his childcare management app. By 2018, Brightwheel’s net worth exceeded $31 million.

Ten Thirty One Productions

A company doesn’t have to be in its infancy to seek investment in the Shark Tank. When Ten Thirty One Productions co-founder Melissa Carbone successfully inspired Mark Cuban to make what was then the series largest-ever investment in 2013, her company had already served more than 100,000 customers.

Ten Thirty One Productions was founded in 2009 to produce horror-themed productions like haunted hayrides and setting sail on a ghost ship. The sharks were amused by Carbone’s particularly visual presentation— her Shark Tank presentation featured several of her horror performers in full costume. Audiences watched as generally serious sharks like Daymond John chuckled as they interacted with the characters.

The presentation also featured Carbone’s plans to expand her company nationwide with Haunted Hayrides in New York and horror campout events in 10 other cities. Still, the sharks really were blown away when Carbone revealed her company’s valuation was based in part on her Los Angeles Haunted Hayrides generating $1.8 million in just 17 nights, of which $600,000 was pure profit.

By the end of the presentation, Carbone’s entertaining pitch resulted in one of the largest investments in Shark Tank history— $2 million from Cuban in exchange for a 20-percent stake in Ten Thirty One Productions.

Simple Sugars

Audience engagement is vital when presenting a successful pitch to investors, but the feat is easier said than done when delivering business plans and financial data. One particularly effective method of engaging potential investors involves product demonstrations. If pitching in person, invite an audience member—preferably a potential investor— to try the product. If pitching via a remote location, then include a video demonstration in your pitch deck.

One startup company that nailed its audience engagement is Simple Sugars , an all-natural skin care scrub that was pitched on Shark Tank in 2013. Founder Lani Lazarri, just 18 years old at the time, conveyed an emotional story of her lifelong struggles with eczema. She then invited shark Laurie Greiner to try the product for herself as the other sharks watched.

When Greiner acknowledged how very soft the product left her skin, Lazarri was ready to chime in with an explanation of ingredients. By the end of her presentation, the budding entrepreneur walked away with a $100,000 investment— also from Cuban— in exchange for 33-percent equity in her company.

The quality of a presentation can make or break a pitch, and one company that definitely demonstrated that fact on Shark Tank was Rolodoc, which flopped during the season 5 premiere in 2013. In fact, at the end of brothers Richard and Albert Amini’s presentation, Cuban said it was the “worst pitch ever,” while real-estate mogul Barbara Corcoran called it the “worst sales presentation I’ve heard.”

So, where did the Drs. Amini go wrong? They were entirely unprepared. The entrepreneurs pitched what they intended as a social media platform for physicians without any thought into how they would make money from the product. They also didn’t know how they would market the platform or how they would vet doctors who signed up for a profile. They couldn’t even explain the social media element of the platform presented as a social network. Their idea wasn’t a bad one, but they hadn’t made any plans to execute it.

The Aminis didn’t seem to know even the most basic information about their own product. The pair not only were unprepared for their presentation, but they also failed to develop their actual product before attempting— and also failing— to sell it to investors.

"The problem was, they didn't have a business," Cuban told CNBC. "All they had was a list of buzzwords. So they liked to use 'security' and 'encryption' and 'email' and 'social media,' and the more questions I asked, the less they had in response."

Samantha Pratt Lile

Samantha is an independent journalist, editor, blogger and content manager. Examples of her published work can be found at sites including the Huffington Post, Thrive Global, and Buzzfeed.

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Shark tank pitch templates and examples.

Embarking on the entrepreneurial journey and seeking investment on Shark Tank requires a strategic and compelling pitch. In this article, we delve into the intricacies of crafting effective Shark Tank pitch templates and provide insightful examples. From structuring your pitch to understanding the do’s and don’ts, we guide you through the essential elements that capture the attention of the Sharks.

Whether you’re a budding entrepreneur seeking investment or a fan of the show curious about the art of the pitch, our exploration of Shark Tank pitch templates and examples is your roadmap to mastering the art of securing deals in the tank.

Successful Shark Tank Pitch Examples to Learn From:

Brightwheel

Brightwheel, a startup founded by Dave Vasen, entered the Shark Tank seeking an investment of $ 200,000 for a 10% equity stake in the company . The pitch focused on a comprehensive solution for preschools and childcare centers, streamlining communication between teachers and parents, managing daily operations, and enhancing the overall learning experience for children [1] .

Key Elements of Success:

Clarity of Problem and Solution : Vasen effectively communicated the challenges faced by preschools in managing administrative tasks and communicating with parents. Brightwheel’s solution was presented as an all-in-one platform to simplify these processes;
Traction and Market Validation : The pitch included impressive user statistics, demonstrating market acceptance and growth. This tangible evidence of success was crucial in building confidence among the Sharks;
Passionate Presentation: Vasen’s passion for improving early childhood education was evident throughout the pitch. His enthusiasm for the product and its positive impact on education resonated with the Sharks, creating a compelling narrative;
Realistic Valuation: The valuation was reasonable and well-justified, considering the company’s growth trajectory and market potential. This played a crucial role in negotiating a fair deal with the Sharks;
Negotiation Skills : Vasen demonstrated strong negotiation skills, holding his ground on the valuation while being open to collaboration. This balance contributed to securing a deal with investor Chris Sacca;

Brightwheel secured a deal with Chris Sacca, who offered $ 200,000 for 10% equity, aligning with the initial ask. This successful pitch not only provided the necessary investment but also brought on board a strategic partner to help navigate the challenges of scaling the business.

Ten Thirty-One Productions

Melissa Carbone, the founder of Ten Thirty-One Productions, entered the Shark Tank seeking a $ 2 million investment for a 10% equity stake in her Halloween attraction business . The pitch highlighted the success of the company’s large-scale haunted mazes and their potential for expansion.

Proven Track Record : Carbone emphasized the success of previous Halloween attractions, providing evidence of the demand for their unique experiences. The track record of profitability and growth was a strong selling point;
Scalability: The pitch outlined a clear plan for scaling the business to new locations, indicating an understanding of the market and potential for growth. This addressed concerns the Sharks might have had about the sustainability of the business model;
Branding and Marketing : Ten Thirty-One Productions had successfully branded itself as a premium Halloween experience. The pitch effectively communicated the strength of the brand and the marketing strategies employed to attract customers;
Confidence and Resilience : Carbone maintained confidence and composure throughout the pitch, even in the face of tough questioning. This demonstrated resilience and belief in the business, which resonated positively with the Sharks;

The pitch resulted in a deal with Mark Cuban and Barbara Corcoran, who together invested $ 2 million for a 20% equity stake. This partnership not only provided the necessary capital for expansion but also brought on board strategic expertise to navigate the challenges of scaling a seasonal business.

Simple Sugars

Lani Lazzari, the founder of Simple Sugars, appeared on Shark Tank seeking a $ 100,000 investment for a 10% equity stake in her skincare business . The pitch centered around Simple Sugars’ all-natural and handmade skincare products, particularly highlighting their effectiveness for individuals with sensitive skin conditions.

Compelling Personal Story : Lazzari shared her journey of creating Simple Sugars to address her sensitive skin issues. This added a human element to the pitch, making the product more relatable and authentic;
Niche Market Focus : The pitch emphasized the specific niche of individuals with sensitive skin, highlighting the unique selling proposition of Simple Sugars. This focus on a targeted market helped differentiate the product in a crowded industry;
Demonstration of Product Efficacy: Lazzari effectively demonstrated the simplicity and effectiveness of her products, showcasing before-and-after results. This hands-on demonstration provided tangible evidence of the product’s value;
Realistic Valuation : The ask of $ 100,000 for 10% equity was reasonable and aligned with the company’s valuation based on existing sales and future projections. This realistic valuation contributed to a smoother negotiation process;

Simple Sugars secured a deal with Mark Cuban, who offered the requested $ 100,000 for a 33% equity stake. This partnership not only provided the necessary capital but also brought on board Cuban’s expertise and connections in the retail industry.

The Worst Shark Tank Pitch Examples to Avoid:

RoloDoc, a healthcare technology startup, entered the Shark Tank seeking a $ 500,000 investment for a 20% equity stake. The pitch revolved around a platform designed to streamline patient record management for medical practices [2] .

Key Pitfalls:

Unclear Problem Statement: The pitch failed to clearly articulate the specific problems faced by medical practices that RoloDoc aimed to solve. Without a compelling problem statement, the Sharks struggled to grasp the urgency and need for the product;
Lack of Traction : The pitch lacked evidence of market traction or user adoption. The absence of concrete numbers or testimonials weakened the case for investing in RoloDoc;
Unrealistic Valuation : The $ 500,000 investment for a 20% equity stake seemed disproportionately high given the early stage of the business and the absence of significant traction. This unrealistic valuation raised skepticism among the Sharks;
Ineffective Communication : The founders struggled to effectively communicate the value proposition of RoloDoc, leading to confusion among the Sharks. Clarity and concise messaging are crucial in a pitch, and RoloDoc fell short in this aspect;

RoloDoc did not secure a deal on Shark Tank. The lack of clarity, traction, and an unrealistic valuation likely contributed to the Sharks’ decision not to invest in the venture.

IonicEar, a startup focusing on a unique technology for wireless earbuds, sought a $ 1 million investment for a 15% equity stake. The pitch emphasized the innovative features of the earbuds, including air purification capabilities.

Unrealistic Product Claims: The pitch made extravagant claims about the capabilities of the wireless earbuds, including air purification. The lack of scientific evidence or a clear explanation of the technology raised doubts among the Sharks;
Overvaluation: The $ 1 million ask for a 15% equity stake appeared inflated, especially considering the early stage of the product development and the unproven nature of the technology. The valuation seemed disconnected from the current market reality;
Lack of Market Research : The founders failed to present thorough market research or demonstrate an understanding of the competitive landscape. This oversight undermined the credibility of the business and its potential for success;
Inadequate Business Model: The pitch did not provide a clear and viable business model for IonicEar. The revenue-generating strategies and market entry plans were poorly defined, leaving the Sharks unconvinced about the venture’s financial sustainability;

IonicEar did not secure a deal on Shark Tank. The combination of unrealistic product claims, overvaluation, insufficient market research, and an unclear business model contributed to the lack of interest from the Sharks.

Wake n’ Bacon

Wake n’ Bacon entered the Shark Tank seeking a $ 40,000 investment for a 20% equity stake in the business. The pitch centered around an alarm clock that purportedly woke users with the smell of cooking bacon.

Gimmicky Nature of the Product : The product’s novelty factor, waking up to the smell of bacon, was not accompanied by a strong value proposition or a sustainable business model. The Sharks questioned the long-term appeal and market demand for such a product;
Limited Market Potential: The pitch failed to convince the Sharks of the broad market potential for Wake n’ Bacon. The niche appeal and lack of a compelling reason for mass adoption hindered the venture’s attractiveness to investors;
Inadequate Financial Projections: The financial projections provided in the pitch lacked depth and feasibility. The founders struggled to justify the $ 40,000 ask and how the investment would be utilized to drive the company’s growth;
Lack of Serious Entrepreneurial Approach : The overall presentation and pitch lacked a serious entrepreneurial tone. The product’s novelty overshadowed the critical aspects of a viable business, making it challenging for the Sharks to take the pitch seriously;

Wake n’ Bacon did not secure a deal on Shark Tank. The combination of a gimmicky product, limited market potential, inadequate financial projections, and a lack of a serious entrepreneurial approach contributed to the lack of interest from the Sharks.

Lessons Learned After Shark Tank:

From successful pitches:.

Clear Problem and Solution: Successful pitches clearly articulate the problem the business is solving and how their product or service provides a solution. This clarity helps investors understand the market need and the potential impact of the business;
Traction and Market Validation : Demonstrating traction through user numbers, sales figures, or other relevant metrics is crucial. It validates the business idea and provides evidence of market acceptance;
Passionate Presentation: Founders who convey passion for their product and belief in its impact create a compelling narrative. This passion resonates with investors and adds a personal touch to the pitch;
Realistic Valuation : A realistic and well-justified valuation is essential for a successful pitch. Entrepreneurs should be prepared to defend their valuation based on current performance and future growth projections;
Negotiation Skills: Successful entrepreneurs exhibit strong negotiation skills. They strike a balance between standing firm on their terms and being open to collaboration, ultimately securing a mutually beneficial deal;

From Unsuccessful Pitches:

Clarity is Key: Unclear problem statements, product claims, or business models can quickly turn investors away. Entrepreneurs should prioritize clear and concise communication to ensure understanding;
Tangible Evidence of Success : Lack of market traction or evidence of success can undermine the credibility of a pitch. Entrepreneurs need to provide tangible proof of their business’s viability and potential for growth;
Realism in Valuation: Entrepreneurs should carefully evaluate their business’s current stage and performance when determining valuation. Overvaluing a venture without sufficient justification can deter potential investors;
Thorough Market Research: A solid understanding of the market landscape is crucial. Entrepreneurs should present comprehensive market research to demonstrate awareness of competitors, potential challenges, and opportunities;
Serious Entrepreneurial Approach: While creativity is valued, entrepreneurs must maintain a serious and professional demeanor in their pitches. Gimmicks or overly casual presentations can detract from the business’s credibility [3] ;

Use This Shark Tank Template To Create A Successful Pitch:

Shark tank pitch template for success:.

Create A Simple Statement Of What Change Your Product Is Making

Start your pitch with a concise and compelling statement that clearly communicates the impact your product is making. This should encapsulate the essence of your business and the positive change it brings to the market.

Example: “Our product [Product Name] is revolutionizing [industry/market] by [briefly describe the transformative change]”.

Explain What Problem You Are Trying To Solve

Clearly articulate the problem your product addresses. Emphasize the pain points in the market that your solution resolves. Provide context for the need your product fulfills.

Example: “In [industry/market], businesses have long struggled with [specific problem]. Our product tackles this issue head-on by [explain how your product solves the problem]”.

What Opportunities Do You Provide For People

Highlight the opportunities your product unlocks for users or businesses. Discuss the positive outcomes and benefits that come from using your product [4] .

Example: “Our solution not only solves [problem] but also opens up new opportunities for [users/businesses]. It empowers them to [describe the positive outcomes or benefits]”.

Describe The Product As Simple As Possible

Simplify your product description to its core elements. Clearly communicate what your product does and how it works. Avoid technical jargon and focus on making the information accessible to a broad audience.

Example: “[Product Name] is a [brief description of the product]. It works by [simple explanation of the mechanism or function]”.

Create A User-Friendly Product Demo

Demonstrate your product in action through a user-friendly demo. Keep it concise, engaging, and easy to understand. Use visuals or prototypes to enhance the demonstration.

Example: “Let me show you how [Product Name] works. With a simple [gesture/action], users can [demonstrate the key functionality]. It’s intuitive and designed for a seamless user experience”.

Tell About Your User Feedback

Share feedback from users who have experienced your product. Highlight positive testimonials or success stories to build credibility and showcase the real-world impact of your solution.

Example: “We’ve received fantastic feedback from [number] of users who have experienced [Product Name]. One user mentioned [quote/testimonial], highlighting the tangible benefits they’ve gained”.

Explain Your Future Plans

Outline your vision for the future of your business. Discuss expansion, potential partnerships, or new features. Convey a sense of ambition and growth.

Example: “As we look ahead, we plan to [briefly describe plans]. We’re exploring partnerships with [potential collaborators] and working on exciting developments, such as [upcoming features]”.

Remember to tailor each section to fit the specifics of your product and business. Use this template as a starting point and adapt it to effectively convey the unique value proposition of your venture.

An Example of a Good Shark Tank Pitch’s Plan:

Short And Inspiring Introduction

Begin your pitch with a brief and impactful introduction that captures the attention of the Sharks. Share a compelling statement about your business that sparks interest and sets the tone for the pitch.

Example: “Good evening, Sharks! My name is [Your Name], and I’m the founder of [Company Name]. Today, I’m here to share a game-changing product that is set to revolutionize [industry/market]. But before I dive into the details, let me take you on a quick journey of inspiration”.

Revealing the Product

Introduce your product clearly and concisely. Highlight its unique features and how it addresses a specific problem in the market. Use visuals or a demonstration to make the product tangible for the Sharks [5] .

Example: “Ladies and gentlemen, meet [Product Name]. This is not just a product; it’s a solution to the longstanding challenge of [specific problem]. What makes it stand out is [unique feature], providing users with [key benefit]. Now, let me show you how it works”.

Founder Story

Share a personal and authentic story about the journey that led you to create the product. Connect emotionally with the Sharks by conveying the passion and determination behind your entrepreneurial endeavor.

Example: “My journey to [Company Name] began when [personal story/background]. This experience ignited a fire within me to develop a solution that would not only transform the lives of [target users] but also disrupt the [industry]. The journey has been challenging, but it has fueled my commitment to making a positive impact.”

An Example of a Good Shark Tank Pitch’s Plan

Talking Strategy and Numbers

Discuss your business strategy, market research, and key performance indicators. Provide concrete numbers and data to support the viability of your venture. This section should demonstrate your understanding of the market and your company’s potential for success.

Example: “Now, let’s talk strategy. Our market research has shown a [specific percentage] increase in demand for solutions like ours. In the past [time frame], we’ve achieved [sales/usage numbers], and our customer acquisition cost is [mention cost]. With a clear path to [market segment] and [expansion plan], we’re poised for significant growth.”

Offers and Negotiations

Conclude your pitch by inviting the Sharks to join you on your entrepreneurial journey. Be open to negotiation, and clearly state the terms you are seeking. Maintain confidence and composure while responding to questions or counteroffers.

Example: “I believe [Product Name] has the potential to [future impact], and I’m seeking [investment amount] in exchange for [equity percentage]. I’m open to collaboration and value your expertise. Who among you sees the vision and is ready to join me in this exciting venture?”

This example provides a structured plan for a Shark Tank pitch, balancing the personal and professional aspects of the presentation. Tailor the details to fit your specific business and ensure each section aligns with your key messaging and goals.

Pitch Your Idea During Shark Tank Auditions – Tips For Entrepreneurs:

What to Include:

Elevator Pitch

Craft a concise and compelling elevator pitch that clearly communicates the essence of your business. Summarize your product, its unique value proposition, and the problem it solves in a few sentences. This is the hook that grabs the Sharks’ attention.

Start With Family & Friends

Begin by sharing any personal connections or stories related to your product. If your business idea was inspired by a personal experience or a challenge faced by family or friends, it adds a relatable and authentic touch to your pitch.

Pitch Competitions

Mention any successes or recognition your business has received, especially if you’ve participated in and won pitch competitions. This adds credibility to your venture and demonstrates that your idea has been validated by industry experts [6] .

Starting Your Business

Provide a brief overview of how your business started. Highlight key milestones, challenges overcome, and the progress you’ve made from concept to execution. This establishes a narrative that engages the Sharks and showcases your journey.

Running Your Business

Discuss the current status of your business. Share information about your sales, customer acquisition, and any notable partnerships or collaborations. This demonstrates that your business is not just an idea but a functioning and growing venture.

Pitch Your Idea During Shark Tank Auditions

Marketing Your Business

Detail your marketing strategy and efforts. Discuss how you’ve positioned your product in the market, your target audience, and any innovative marketing tactics you’ve employed. This showcases your understanding of the competitive landscape and your proactive approach to growth.

Be Authentic

Authenticity is key. Be genuine in your presentation, and let your passion for your business shine through. Sharks respond positively to entrepreneurs who are sincere and passionate about their ventures.

Know Your Numbers

Be well-versed in your financials. Know your revenue, expenses, profit margins, and customer acquisition costs. Clear and accurate financial data builds confidence among the Sharks and demonstrates your business acumen.

Practice, Practice, Practice

Rehearse your pitch multiple times. Practice in front of friends, family, or mentors to receive feedback. A well-rehearsed pitch not only boosts your confidence but also ensures a smooth and impactful delivery.

Handle Questions Gracefully

Anticipate tough questions and be prepared to answer them with grace. If you don’t know the answer to a question, be honest about it. Sharks appreciate transparency, and it’s better to admit uncertainty than to provide inaccurate information.

Overstate or Exaggerate

Avoid overhyping your product or making unrealistic claims. Sharks can quickly spot exaggerations, and it may damage your credibility. Present your business honestly, focusing on its genuine strengths.

Disregard the Sharks’ Expertise

Acknowledge and respect the expertise of the Sharks. While you are the expert on your business, be open to their insights and feedback. This collaborative approach demonstrates humility and a willingness to learn.

Neglect Your Body Language

Pay attention to your body language. Maintain eye contact, stand tall, and exude confidence. Non-verbal cues are powerful, and a confident demeanor contributes to a positive impression.

Rush Through Your Pitch

Avoid rushing through your pitch. Speak clearly and at a moderate pace to ensure the Sharks can follow your narrative. A well-paced pitch allows for better engagement and understanding.

Pitching your idea on Shark Tank can be a transformative opportunity for your business. By incorporating these tips, you’ll be better equipped to present a compelling and successful pitch that captures the attention of the Sharks and viewers alike.

8 Tips From Successful Shark Tank Product Pitches:

Prepare, Prepare, Prepare

One of the most common threads among successful Shark Tank pitches is meticulous preparation. Entrepreneurs should thoroughly research their product, market, and potential investors. Anticipate tough questions and be ready with clear, concise answers. A well-prepared pitch not only demonstrates professionalism but also instills confidence in the Sharks, showcasing the entrepreneur’s commitment to their business [7] .

Practice Your Pitch In Front Of Real People First

Practice is key to a polished and confident pitch. Before facing the Sharks, entrepreneurs should practice their pitch in front of friends, family, or advisors. Honest feedback can help refine the presentation, identify weak points, and improve overall delivery. Practicing with a real audience also helps entrepreneurs become more comfortable with public speaking, reducing nerves during the actual pitch.

Tell A Great Story, And Make An Emotional Connection

Successful pitches often go beyond facts and figures; they tell a compelling story. Entrepreneurs should share the journey of their product’s development, emphasizing the problem it solves and the impact it can have. Making an emotional connection with the Sharks creates a memorable impression and adds a human element to the pitch . This emotional resonance can be a powerful factor in influencing investment decisions.

8 Tips From Successful Shark Tank Product Pitches

Promote Yourself As A Savvy Business Person

Investors on Shark Tank are not just looking for great products; they’re looking to invest in talented entrepreneurs. Present yourself as a savvy business person by highlighting your understanding of the market, competition, and financials. Showcase your ability to navigate challenges and adapt to changing circumstances . Demonstrating business acumen builds confidence in your capability to lead and grow a successful venture.

Make Your Presentation Visual And Interactive

A visually engaging presentation captures the attention of both the Sharks and the viewers. Use visuals such as product demonstrations, infographics, or prototypes to enhance your pitch. An interactive element, such as allowing the Sharks to experience the product firsthand, can leave a lasting impression. Visual aids not only clarify your message but also make your pitch more memorable and impactful.

Highlight Product Validation By Talking About Early Sales

Providing evidence of product validation is crucial. Discuss early sales, customer testimonials, or partnerships that validate the market demand for your product . This tangible proof demonstrates that there is a real need for your solution and that consumers are willing to pay for it . It also assures the Sharks that the business is not purely conceptual but has demonstrated traction in the market.

Come In With A Negotiation Strategy

Entering the Tank with a clear negotiation strategy is essential. Know your valuation, the equity you’re willing to part with, and your non-negotiable terms. Consider potential counteroffers and have a well-thought-out response. A strategic approach to negotiations showcases your confidence and preparedness, making the negotiation process smoother and more favorable for your business.

Keep Your Cool

Facing the scrutiny of seasoned investors can be intimidating, but maintaining composure is vital. Whether faced with tough questions or unexpected challenges, staying calm and collected demonstrates resilience and confidence. Sharks appreciate entrepreneurs who can handle pressure and think on their feet. Keeping your cool also allows for effective communication and negotiation, increasing the likelihood of a successful deal.

How do you structure a Shark Tank pitch?

A Shark Tank pitch typically follows a structured format:

Introduction: A brief introduction of the entrepreneur and the business;
Problem Statement: Clearly articulate the problem your product or service solves;
Solution: Present your product or service as the solution to the identified problem;
Traction: Provide evidence of market validation, sales, or user adoption;
Founder Story: Share a personal story that connects you to the business;
Financials and Strategy: Discuss the business strategy, financials, and plans for the future;
Offer and Negotiation: Clearly state your ask and be prepared for negotiations;

What is a Shark Tank’s format?

Shark Tank follows a format where entrepreneurs pitch their business ideas to a panel of wealthy investors, the Sharks. Entrepreneurs seek investment in exchange for equity in their businesses. The pitch is followed by a Q&A session where the Sharks ask questions and negotiate investment deals.

What is the best pitch on Shark Tank?

Determining the “best” pitch is subjective, but successful pitches often include a clear problem statement, a compelling solution, evidence of traction, a relatable founder story, and a well-structured negotiation. Successful entrepreneurs also demonstrate passion, resilience, and a thorough understanding of their business.

How should you create a business pitch template?

A business pitch template should include:

Introduction: Briefly introduce yourself and your business;
Problem Statement: Clearly articulate the problem your business addresses;
Solution: Describe your product or service as the solution to the identified problem;
Traction: Present evidence of market validation, sales, or user feedback
Financials and Strategy: Discuss financials, business strategy, and future plans;
Conclusion: Clearly state your ask and be open to negotiation;
How do you make a Shark Tank pitch sample?

Create a Shark Tank pitch sample by structuring it like a condensed version of your actual pitch. Include key elements such as the problem statement, solution, traction, founder story, financials, and ask. Keep it concise, engaging, and focused on capturing the interest of potential investors.

How long should a Shark Tank pitch be?

Shark Tank pitches typically last about 10 minutes, including a brief product demonstration. However, the Q&A session and negotiations can extend the overall interaction. It’s crucial to convey your message concisely within the allotted time while leaving room for questions.

Are Shark Tank pitches scripted?

While entrepreneurs are not given scripts, they are provided with guidelines and encouraged to practice their pitches. However, the Sharks are not given any information about the businesses before the pitch. The interaction is meant to be spontaneous, with entrepreneurs responding to questions and negotiations in real time.

What are the 3 C’s of Shark Tank pitch?

The 3 C’s of a Shark Tank pitch are:

Clarity: Clearly articulate your business idea, problem, and solution;
Confidence: Present with confidence, demonstrating belief in your product and business;
Conciseness: Keep your pitch concise and focused, conveying key information within the allocated time;

What is the average pitch in Shark Tank?

The average pitch on Shark Tank lasts around 45 minutes, including editing for television. However, entrepreneurs initially have a limited time, usually around 10 minutes, to present their business to the Sharks.

What percentage of Shark Tank pitches are successful?

The success rate for pitches on Shark Tank is relatively low. Only a small percentage of entrepreneurs who appear on the show secure deals with the Sharks. Success often depends on the viability of the business, the entrepreneur’s presentation skills, and the Sharks’ interest in the industry.

How do you pitch an idea to a billionaire?

To pitch an idea to a billionaire:

Research: Know your target billionaire’s background, interests, and investments;
Prepare: Craft a compelling and concise pitch that clearly communicates the value of your idea;
Networking: Utilize networking opportunities to connect with the billionaire personally;
Demonstrate Value: Clearly articulate how your idea adds value and aligns with the billionaire’s interests or investment portfolio;

Useful Video: Winning Shark Tank Pitches

References:

https://www.beautiful.ai/blog/three-successful-shark-tank-pitch-examples-to-learn-from-and-another-to-avoid
https://www.fairfaxcounty.gov/familyservices/sites/familyservices/files/assets/olderadults/shark-tank/2021/shark-tank-2021-2022-plan-your-pitch.pdf
https://seriosity.com/an-example-shark-tank-pitch/
https://grasshopper.com/academy/creating-a-business-idea/pitching-your-idea/
https://www.sharktanksuccess.com/an-example-of-a-shark-tank-pitch/
https://www.southerntidemedia.com/how-to-deliver-the-perfect-business-pitch-8-tips-inspired-by-shark-tank/
https://www.bplans.com/business-funding/pitching/elevator-pitch/shark-tank-lessons/

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How to Prepare for a Shark Tank Pitch: Lessons from Successful Entrepreneurs

Are you an entrepreneur dreaming of scoring a deal with a Shark on Shark Tank? The pressure can be overwhelming, but with the right preparation, you can confidently pitch your business idea and come out on top.

In this article, we’ll explore practical tips and advice from successful Shark Tank veterans on how to prepare for a Shark Tank pitch and increase your chances of success.

Whether you’re a first-time founder or a seasoned entrepreneur, these strategies will help you make the most of your once-in-a-lifetime opportunity.

Preparing for a Shark Tank pitch can be an intense and nerve-wracking process, but by following the lessons learned from successful entrepreneurs, you can increase your chances of success. Here are some tips to help you prepare for your Shark Tank pitch:

“Swimming with Sharks: A Guide to Preparing for the Ultimate Pitch on Shark Tank”

Practice your pitch:

Before appearing on Shark Tank, it’s crucial to practice your pitch extensively. This means rehearsing in front of a mirror, recording yourself, and practicing in front of friends or family members to get feedback.

Know your numbers:

Investors on Shark Tank will want to see that you understand your business and know your numbers inside and out. Be prepared to discuss your profit margins, revenue projections, and other financial metrics in detail.

Highlight your unique selling proposition:

Your pitch should clearly articulate what makes your business unique and different from competitors in your industry. This could be your product, your business model, or your marketing strategy.

Be prepared to negotiate:

Sharks are known for being tough negotiators, so be prepared to negotiate on the spot. Know your bottom line, but also be willing to compromise and work with the Sharks to come to a mutually beneficial agreement.

Build relationships:

The Sharks invest in people as much as they invest in businesses. Be personable, genuine, and build rapport with the Sharks to increase your chances of getting a deal.

Have a plan for the future:

Investors want to see that you have a solid plan for the future of your business. Be prepared to discuss your long-term goals, growth strategy, and how you plan to use the investment to take your business to the next level.

In conclusion, preparing for a Shark Tank pitch takes a lot of hard work, practice, and research. By following the lessons learned from successful entrepreneurs who have appeared on the show, you can increase your chances of success and secure the funding you need to take your business to the next level.

Shark Tank pitch script example:

Here’s an example of a Shark Tank pitch script:

Hello Sharks, my name is [Name] and I am the founder of [Company Name]. Today, I am seeking [Amount] in exchange for [Percentage] of my company.

The problem that we are solving is [State the problem]. [Share statistics or anecdotes to demonstrate the size and scope of the problem].

Our solution is [Describe your product or service and how it solves the problem]. [Provide evidence or data to support the effectiveness of your solution].

Our target market is [Describe your target customer and how you will reach them]. [Share any market research or customer feedback to demonstrate demand].

Our main competitors are [Name competitors and their products]. [Differentiate your product from competitors and explain why your product is superior].

To date, we have generated [Revenue or Sales] and [Profit or Loss]. [Share your financial projections and growth strategy]. We plan to use the funding for [Specific use of funds].

So, Sharks, who’s ready to join me in revolutionizing the [Industry/Market] and take [Company Name] to the next level?

Thank you for your time and consideration.

What makes a Shark Tank pitch successful?

A successful Shark Tank pitch requires more than just a great idea. Successful pitches are those that captivate the Sharks’ attention, clearly explain the problem the product solves, showcase the product’s unique value proposition, and present a clear plan for how the Sharks’ investment will be used to achieve growth and profitability.

It is also important for the pitch to demonstrate the entrepreneur’s passion, dedication, and ability to execute the plan. Effective communication, strong negotiation skills, and a willingness to be flexible and open to feedback are also essential components of a successful Shark Tank pitch.

Can you pitch just an idea to Shark Tank?

It is possible to pitch just an idea to Shark Tank, but it is generally more difficult to do so than to pitch a product or service that is already developed or in the early stages of development.

The Sharks on the show are typically more interested in investing in businesses that have some traction, whether that means a proven track record of sales, a significant social media following, or a strong team with relevant experience.

That being said, if an idea is particularly innovative or disruptive, it may still catch the attention of the Sharks and lead to a successful pitch.

How long should a Shark Tank pitch be?

A Shark Tank pitch typically lasts about 90 seconds to 2 minutes, although in some cases, it may be longer or shorter depending on the complexity of the product or idea being presented.

Do Share Your Thoughts :

Do tell us all your thoughts in the comments section below, we look forward to reading all the comments in the section below.

Also, don’t forget to try our Android app 📱 which contains startup case studies and business book insights 📚 , verified business strategies, and no bullshit!!

How hard is it to get on shark tank.

It can be very difficult to get on Shark Tank as a contestant, as the show receives thousands of applications every year and only a select few are chosen to appear on the show.

Suhail Khan

Suhail Khan is the founder of BizzBucket and an Alumnus of BITS Pilani,Pilani. He was also among the top 100 students to Silicon Valley(USA) for the Student Startup exposure program for his venture QBOX. He loves to build products, analyze and write about startups.

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SWIMMING WITH SHARKS: Founders who made it on 'Shark Tank' reveal winning pitches, tips to negotiate money-making deals, and how they've used the spotlight to their advantage

As season 11 of the popular series "Shark Tank" wraps up, we've rounded up stories covering past participants that show key lessons and advice from the successful businesses that have appeared on the ABC show.

Check out these stories to hear how they prepared their pitches, negotiated their deals, and used the experience in the spotlight to their advantage.

Subscribe to BI Prime to read them all.

Meet one of the guest judges: Katrina Lake explains how a Harvard MBA fit into her decision to become an entrepreneur — and how she founded a personal-styling company worth $1.9 billion

Landing one of Kevin "Mr. Wonderful" O'Leary's top five deals of all time: Married founders reveal the strategy that got them on 'Shark Tank' — and how their winning deal helped their startup expand nationwide

Raising funds after getting a "Yes": This 9-slide pitch deck helped a cookie startup that competed on 'Shark Tank' close a seed round while bringing in $1.4 million last year

See the deck used by a nutritious coffee drink startup: 3 brothers used this deck to pitch their healthy energy drink on 'Shark Tank.' 8 months later, the company was worth $50 million.

Getting your head — and heart — ready for the spotlight: The founders of a cookie startup used a rehearsal trick from Beyoncé to conquer their nerves before going on 'Shark Tank' — and won $300,000 from Alex Rodriguez

Building a win out of a "No": Entrepreneurs who launched their $50 million company in a dorm room say the biggest benefits of going on 'Shark Tank' had nothing to do with money

Holding out for a bigger shark: A startup founder who built a mock set in his backyard to practice his 'Shark Tank' pitch ultimately turned down a Shark's offer — and Amazon later acquired his company for $1 billion

Turning adversity to your advantage: An entrepreneur who landed a $250,000 offer on 'Shark Tank' was thrilled when a Shark said her company 'sucks' and questioned its valuation

Entering the Tank for more than just money: People think startup founders go on 'Shark Tank' for big-name investors and a pile of cash, but entrepreneurs who have done it say that's not really the point

Watch: Take a look inside this avocado-only restaurant

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How to Win on Shark Tank

Shark Tank is a critically acclaimed business pitch show on which aspiring entrepreneurs present their business ideas to a panel of wealthy investors, known as “Sharks,” in hopes of securing funding. A successful pitch in this high-pressure environment requires more than a good idea. It demands a strategic, well-structured presentation that covers all bases, from product validation to market potential.

Let’s dissect the anatomy of a winning Shark Tank pitch.

Product Validation: The Foundation of a Winning Pitch

A successful pitch starts with a great product or service that addresses a real market need. Before stepping onto the stage, ensure your product or service is innovative and has proven demand. Demonstrated sales, customer feedback, and market traction are pivotal. This evidence shows the Sharks that your business is viable and scalable.

Crafting a Compelling and Concise Pitch

Your pitch should succinctly convey the essence of your idea. In about three to five minutes, you need to cover the critical aspects of your business: what your product or service is, the problem it solves, how it stands out in the market, and its financial viability. A well-crafted pitch tells a story that is clear and simple but also compelling and persuasive, making the Sharks hungry to learn more.

Mastery of Numbers and Realistic Valuation

A deep understanding of your business’s financials and business model math is crucial. Be prepared to discuss sales figures, profit margins, costs, and your company’s valuation with precision. Avoid overvaluing your business, as this is a common pitfall that can turn off potential investors. Your ability to present and justify these numbers can make or break the deal.

Demonstrating Traction and Growth Potential

… the potential for substantial growth.

Showcasing your business’s traction through sales, customer base, and market presence can significantly strengthen your pitch. The Sharks are looking for companies that not only have a solid foundation but also have the potential for substantial growth. Outline your plans for scaling the business and how the investment will aid in achieving these goals.

Passion and Engagement

The delivery of your pitch is as important as its content. Demonstrating passion, confidence, and engagement can significantly influence the Sharks’ perception of you and your business. An enthusiastic entrepreneur who believes in their business can inspire confidence in potential investors.

Highlighting Your Unique Selling Proposition (USP)

What makes your business stand out from the competition? Your pitch should clearly define your USP, showcasing why your product or service is superior or unique. Whether it’s a patented technology, a novel business model, or an untapped market, highlighting your USP is crucial in convincing the Sharks of your competitive edge.

The Critical Specifics: What Sharks Want to See Before Investing

Valuation: Getting the Price Right

Investors start with the business’s valuation. They examine the implied multiple of sales or earnings compared to the overall valuation. The goal is to ensure that the price tag on your business is reasonable and justified, not overly inflated based on unsubstantiated future promises. Entrepreneurs must be prepared to defend their valuation with solid numbers and realistic projections.

Business Model: How You Make Money

Entrepreneurs must clearly communicate what they sell, to whom, at what price, through which channels, against identified competitors. Finally, all of this must clearly equate to why customers choose you.

Revenue: The Growth Trajectory

… direct reflections of a business’s health …

One of the most direct reflections of a business’s health is its sales figures. Investors look at current and projected figures to gauge financial performance and growth potential. They are particularly interested in seeing a trajectory that suggests scalability and growing market demand for your products.

Profit Margins: Efficiency and Sustainability

Profitability isn’t just about bringing in revenue; it’s about how much of that revenue turns into profit. High profit margins indicate a business’s efficiency and long-term viability, suggesting that the company can manage costs effectively while maximizing revenue.

At a minimum, the Sharks want to know:

Revenue: The overall sales of the business
Gross Profit: The revenue generated after deducting the cost of goods sold (COGS)
Net Profit: The overall profitability of the business
Gross Margin: The percentage of revenue that is gross profit
Net Profit Margin: The percentage of revenue, after all expenses, that is profit
EBITDA Margin: The percentage of revenue that is earnings before interest, taxes, depreciation, and amortization

The Sharks are keen on understanding how these numbers have changed over the past 3-5 years and how your profitability scales as the business grows.

If we turn to the balance sheet, the Sharks will also be curious about:

Free cash flow: The amount of cash the business generates after accounting for operating expenses and capital expenditures
Assets: The total value of the business’s assets, which shows the resources it has to operate
Liabilities: The total amount the business owes (and to whom), which indicates financial obligations, leverage and risk
Equity: The net worth of the business, calculated as assets minus liabilities

Sharks prefer a business that has a strong balance sheet with low debt, positive cash flow, and sufficient assets to fund operations and growth. During the show, Sharks do not spend as much time on the balance sheet compared to metrics like revenue, profit, and margins, but they still carefully review it to assess the business’s risk. Beyond this, Sharks will be very intrigued to know how much capital you have raised previously and from what sources.

Customer Metrics: AOV, CAC, CLV, and more

Understanding the dynamics of Customer Acquisition Cost (CAC) and Customer Lifetime Value (CLV) is essential for demonstrating a sustainable business model to investors. They are interested in seeing that your business acquires customers efficiently and that these customers provide significant value over their lifetime. A favourable CLV to CAC ratio strongly indicates business sustainability. In e-commerce, metrics such as Average Order Value (AOV) and Returning Customer Rate (RCR) offer insights into customer behaviour and spending patterns. A high AOV suggests effective upselling strategies, while a strong returning customer rate points to successful customer retention—both critical for profitability. Refund and product return rates are also crucial, impacting overall profitability and customer satisfaction.

Exit Strategy: The Investor’s Endgame

Shark Tank investors aren’t just giving away money—they’re looking for a return on their investment. That’s why they inquire about the entrepreneur’s exit strategy, such as plans for an acquisition or an IPO. This helps them assess the potential for substantial investor returns.

Use of Funds: Strategic Allocation

… how you plan to use their money.

Investors need to know how you plan to use their money. Detailing how the investment will be used to drive growth and meet specific, measurable goals is critical. Whether it’s expanding marketing efforts, hiring key staff, or developing new products, investors want assurances that their capital will be used effectively.

Intellectual Property: Securing a Competitive Edge

Strong intellectual property, such as patents and trademarks, can significantly enhance a company’s attractiveness by providing competitive advantages and long-term defensibility. Investors look for unique elements that protect the business from competitors and secure its market position.

A Real Life Example

What made their pitch so compelling?

Preparation

The founders, Jim and Sabin, had watched every previous season of Shark Tank to study what worked and what didn’t.
They practiced their pitch hundreds of times to ensure they memorized every detail and answer. This level of preparation allowed them to deliver a flawless, confident performance.
They anticipated potential questions and objections from the investors and prepared thorough responses ahead of time. This made them appear poised and in control during the pitch.

Business Concept

The idea of a food truck selling authentic Maine lobster was simple yet compelling. It addressed an unmet demand for high-quality, affordable lobster.
They could clearly articulate the problem they were solving (lack of accessible, fresh lobster) and the large market opportunity, both nationally and internationally.
Their business model of franchising the food trucks was scalable and had strong profit margins, making it an attractive investment opportunity.

Presentation Style

Jim and Sabin’s natural charisma and enthusiasm were infectious. They were high-energy, engaging, and made great eye contact with the investors.
Their passion for the business and belief in its potential shone through, making the investors excited about being part of it.
They answered every question directly and confidently, demonstrating their deep expertise and leaving no doubts in the investors’ minds.
One Shark described them as “genuine, rock solid, and having perfect answers,” highlighting their poise and credibility.

Overall, the Cousins Maine Lobster pitch succeeded because the founders combined meticulous preparation, a strong business concept, and an exceptional presentation style to create a genuinely standout pitch that captivated the Sharks and led to a successful investment deal. But a winning Shark Tank pitch is more than just selling a product or service; it’s about selling a vision. It requires a balanced combination of a validated product, a compelling narrative, financial acumen, demonstrated traction, passionate delivery, and a clear competitive advantage. By meticulously preparing and presenting a pitch that addresses these essential elements, you dramatically increase your chances of capturing the Sharks’ interest and securing the investment you seek.

Want to know what goes into the perfect elevator pitch? Check this out: The Best Elevator Pitch Examples, Templates, and Tactics

About Kurian Tharakan

Kurian Mathew Tharakan is the founder of sales and marketing strategy firm StrategyPeak Sales & Marketing Advisors, a 27 year veteran of the sales and marketing industry, and the author of the Amazon bestseller, The Seven Essential Stories Charismatic Leaders Tell. He has consulted for companies in numerous sectors, including Retail, Professional Services, Manufacturing, Distribution, High Technology, Software, Non-Profit, and Life Sciences. In addition to his consulting practice, he has also been an Executive in Residence at the business accelerators TEC Edmonton and NABI where he has assisted clients with their go-to-market strategy. Prior to StrategyPeak, Mr. Tharakan was a vice president of sales & marketing for an Alberta-based software firm where his team achieved notable wins with several members of the US Fortune 500.

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How to Win a Deal on Shark Tank: The Anatomy of a Perfect Business Pitch [Infographic]

Published: June 07, 2020

What do the most successful pitches on ABC's hit television show Shark Tank look like? When it comes to landing a deal with the investors on the show, the entrepreneurs in some industries have it easier than others.

For example, a whopping 85% of successful pitches are products, while only 11% are service-based and 4% are both a product and a service.

Some of the best industries to pitch on the show include food and beverage, household and kitchen, sports and fitness, and mobile apps.

DigitalExits analyzed every single business pitch that aired on seasons one through five of Shark Tank to figure out what the most successful businesses and entrepreneurs looked like. They used the results of their analysis to create the infographic below .

Check it out to learn interesting statistics about the businesses that were pitched on the show, which types of businesses attracted investors the most, and what the perfect business pitch on Shark Tank actually looks like. And for more on what happens after you get a bid, check out this interview with Shark Tank contestant Christina Conrad .

Elements of a Perfect Pitch

Considerable Preparation
A Pressing Problem
A Viable Solution
A Bold Vision
A Compelling Narrative
A Concrete Plan
Promising Numbers

1. Considerable Preparation

Regardless of how well you can think on your feet, it's always in your best interest to extensively prepare for your pitch. You're not freestyling slam poetry or performing with an improv comedy troupe — you're making a concise, concentrated effort to convince someone to give you money. You can't wing it and expect to see results.

Have a plan and know what you're going to say. Learn every aspect and angle of your product or service to answer any questions that might arise. Your understanding of your product or service — from its benefits to its apparent weaknesses — needs to be absolutely air-tight. Preparation is how you get there.

2. A Pressing Problem

The first, most burning question your pitch has to address is big, blunt, and simple — why does your product or service exist? If there's no problem for your product or service to address, then why would anyone have any incentive to buy it? This aspect is one of the most fundamental bases of your entire pitch.

Identify the problem that prompted you to create your product or service, and be able to communicate it with detail and urgency. Make investors believe that there's a lucrative market experiencing a specific issue that your product or service can remedy.

3. A Viable Solution

Once you have established the presence of a pressing, meaningful problem your product or service is qualified to address, you have to demonstrate how that can happen. How do you solve all the specific issues you've identified? And what sets you apart from similar companies in your space? What can you do that they can't? A good pitch can answer those questions concisely and compellingly.

4. A Bold Vision

When you're pitching, you're not just trying to sell investors on your product or service — you're also trying to sell them on you. Are you someone they'd be excited to do business with? Can they trust you to make good use of the capital they're going to offer you?

The best way to convey how much you deserve their investment is to wow them with your passion and big-picture thinking. Show them why you made your product and how it will improve your customers' lives beyond the problems it objectively solves.

For instance, if you were to design an affordable exercise bike that allows you to stream spin classes, you might explain that your product would allow more people to exercise remotely. But that wouldn't be enough. You'd have to explain what that could mean to your customer base and how having access to on-demand fitness classes from their own homes would improve their lives.

5. A Compelling Narrative

In a similar vein to the previous point, incorporating a narrative into your pitch is one of the best ways to sell your investors on you . Make your pitch more compelling by explaining what your product or service means to you personally. What drove you to start your business? What events and experiences shaped your desire to solve the problems your product or service solves?

Let them know you have a story to tell and a meaningful stake in the success of your product or service because of it. A pitch needs to be compelling — to grab and keep investors' attention. One of the best ways to do that is to share a relevant, captivating story that affirms how diligent and determined you are.

6. A Concrete Plan

You've explained the problem at hand. You've explained how your product or service can solve it. You've explained the vision and purpose behind your efforts. Now, you need to explain the specifics of how it's all going to come together.

Be able to articulate a clear plan and actionable insight about your ideal go-to-market strategy, the specific milestones you would like to hit and how you intend to hit them, and other concrete figures and courses of action that demonstrate you're a competent, trustworthy, motivated entrepreneur who deserves the investment you're asking for.

7. Promising Numbers

Let's say you nail every other aspect of your pitch. You've zeroed in on a problem, offered a viable solution, articulated your vision with a compelling narrative, and have an actionable plan for where to go from here.

Do you think that will be enough to sway investors? Well, in all likelihood, it's probably not. Those investors won't believe how well you've addressed those factors without the support of solid results and promising projections. In short, know your numbers.

Go in with a realistic, fact-based, impressive picture of your company's future. You're going to need to show you were competent enough to be worth their attention, and your business is profitable enough to be worth their investment.

Examples of Winning Shark Tank Pitches

Emazinglights.

EmazingLights founder and CEO, Brian Lim, brought the right combination of flair and substance to his Shark Tank pitch. His flashy product demonstration was backed by impressive hard figures, a compelling backstory, big plans for the future, and a general demeanor that all led Robert Herjavec to call him "one of the — if not the — best entrepreneur we've had [on Shark Tank ]."

Lumio founder Max Gunawan pitched his foldable lamp company with confidence and thoughtfulness — all backed by thorough preparation. He had a solid, numbers-backed answer for every question the sharks had.

He was also able to establish himself as a motivated, ethical, trustworthy businessman with his story about living in a Chinese factory for four months to ensure that his products were kept up to his standard of quality. By the end of his pitch, he had every shark vying for his business.

BeatBox Beverages

Beatbox Beverages co-founders Brad Schultz, Aimy Steadman, and Justin Fenchel came on Shark Tank to pitch their boxed fruit wine business. Their pitch was thoughtful, high-energy, and well-rehearsed. Ultimately they left with Mark Cuban's support and a $3 million valuation.

Examples of Bad Shark Tank Pitches

Entrepreneur Edwin Heaven "invented" Throx — a sock company that sold socks in packages of three instead of two. And that was it. That was literally his entire invention. The premise rested on the idea that people often lose individual socks, so it helps to have an extra sock on hand in case that happens.

There was nothing particularly unique about the socks' quality, comfort, or design, and you can't patent selling packs of three socks. The idea was so fundamentally underwhelming that the sharks turned Heaven away about as quickly as possible.

Pretty Padded Room

Entrepreneur Bea Arthur came on Shark Tank to pitch her online psychotherapy service, Pretty Padded Room. The concept revolved around offering remote, low-cost psychotherapy to a predominantly female demographic.

When the sharks started asking questions, it became abundantly clear that Artur didn't have a grasp on her sales figures or projections. The sharks quickly turned her away, and Mr. Wonderful offered this awesomely brutal story for her on her way out.

Kymera creator Jason Woods started out strong when he pitched his electronic bodyboard company to the sharks, asking for a $250K investment for a 20% stake. His invention was unique and looked cool, and his pitch was fairly compelling — initially. Things started to fall apart for him when the pitch ran long without any real description of a business plan.

When the sharks started prying, they found out that Woods had invested roughly $130K of his own money just to develop a prototype. He had nothing in the way of actual customers or patents. After everything came undone for him, he left without an investment. And Daymond John called his pitch the worst he'd ever seen on the show.

Should you ever find yourself on Shark Tank — or delivering a pitch to investors in any other context — make sure you're incorporating most, if not all, of the elements listed in this article. Project trustworthiness and be compelling.

Let investors know you're capable, motivated, and willing to do everything you can for your business. The best entrepreneurs can take these Shark Tank pitching tips to heart and sell themselves just as much as they sell their product or service when talking to investors.

Editor's note: This post was originally published in September 12, 2015 and has been updated for comprehensiveness.

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Learn how to pitch with Shark Tank’s Most Persuasive Pitches

Want to know the secrets to a good sales pitch learn it all from some of shark tanks best pitches..

Shark Tank, the popular TV show where entrepreneurs pitch their business ideas to a panel of successful investors, offers valuable lessons not only to aspiring entrepreneurs but also to sales reps. The art of delivering a compelling pitch, grabbing attention, and convincing others to invest in your product or service is at the core of both endeavors.

In this blog, we’ll explore the key takeaways that sales reps can learn from the best Shark Tank pitches and apply to their own sales strategies.

1. Clear value proposition

One of the most important lessons from Shark Tank is the need for a clear and concise value proposition. Successful pitches on the show clearly articulate the problem their product solves, highlight its unique features and benefits, and demonstrate its market potential. Sales reps can apply this lesson by focusing on effectively communicating the value their product or service brings to customers, highlighting the specific pain points it addresses, and showcasing its competitive advantages. The pitch for your product should easily convey the advantage of your product over existing standards. Think of existing standards as an anchor that people have in their minds to understand the problem with the current system.

For example, you can acknowledge Uber’s value only when you understand the problem with the existing taxi system. Or you can understand how drones can revolutionize agriculture only when you understand problems with the current agricultural system. Without these anchors, it may be difficult for your audience to understand the problem you are solving.

2. Show, don’t tell

On Shark Tank, entrepreneurs are often faced with skeptical investors who want to see proof of concept before investing. The entrepreneurs who are most successful are the ones who come prepared with demos, prototypes, and other tangible evidence that their idea works. Sales reps can also benefit from this approach. Instead of just telling potential clients about the benefits of your product or service, show them through demos, case studies, and other examples.

3. Compelling Storytelling

Shark Tank pitches often captivate the audience through compelling storytelling. Entrepreneurs who can share their personal journey, explain the inspiration behind their product, and create an emotional connection with the investors have a higher chance of success. Sales reps can leverage storytelling techniques to engage prospects by sharing relevant customer success stories, illustrating real-life examples of how their product has made a positive impact, and creating a compelling narrative that resonates with their audience.

4. Understanding the Audience

Successful pitches on Shark Tank demonstrate a deep understanding of the investors’ preferences, interests, and areas of expertise. Entrepreneurs research the background of the panelists and tailor their pitches accordingly. Sales reps can adopt a similar approach by conducting thorough research on their prospects before a sales meeting or presentation. By understanding their needs, challenges, and industry, reps can customize their pitches, address specific pain points, and position their product or service as a tailored solution.

5. Objection handling

Shark Tank pitches are not without challenges and objections from the panelists. Entrepreneurs who can confidently and effectively handle objections demonstrate their knowledge of the market, industry, and competitors. Sales reps can learn from this by anticipating objections and preparing well-thought-out responses. By addressing concerns with data, testimonials, and a strong understanding of the market landscape, sales reps can instill confidence in prospects and overcome objections to close deals.

6. Know your numbers

Investors on Shark Tank are always interested in the financials behind a business. They want to know about revenue, expenses, profit margins, and other key financial metrics. Sales reps should also be prepared to discuss the financial aspects of their product or service with potential clients. This includes pricing, ROI, and other metrics that show the value of what you’re selling.

7. Confidence and Authenticity

One of the most striking qualities of successful pitches on Shark Tank is the confidence and authenticity displayed by entrepreneurs. They believe in their products, convey passion, and exude confidence in their pitches. Sales reps can learn from this by developing their own confidence and authenticity. By genuinely believing in the value of their product or service and projecting confidence in their abilities, sales reps can build trust with prospects and create lasting relationships.

8. Have a clear ask

Finally, entrepreneurs on Shark Tank always have a clear ask for investors. They know exactly how much money they need, and what they’re willing to give up in return. Sales reps should also have a clear ask for potential clients. This includes what you’re selling, what the value is, and what action you want the potential client to take.

Tips for a perfect sales pitch

You could be the best salesperson, but there are some pointers to have in mind for that perfect sales pitch:

Know your audience well.
Think about what your audience wants to hear and not just what you want to say.
Do not use jargons.
Avoid repeating yourself.
Say as much is required to deliver the point.
Check whether you have some cliched words such as “such as”, “actually”, “aahs”, “umms”.
Keep a check on your hand gestures.
Check your voice modulation, emphasize when needed.
Bring charisma and presence.
Engage with your audience.
Be a good listener.

Examples of the best Shark Tank pitches

From captivating storytelling to persuasive presentation techniques, we’ll analyze the strategies employed by entrepreneurs to win over the “sharks” and secure investment deals.

1. Bubbly Blaster

Look at this pitch. 60 seconds into the pitch the value is well understood, and you can see the smiles and the nods. Sometimes the simplest pitches are the best.

2. I Want To Draw a Cat For You!

What’s a pitch without a little fun right? In this Shark tank pitch, Steve Gadlin used his quirky moves and selling skills to score a deal. Get inspired and add a bit of humor into your next sales pitch.

Example of a no-so-good shark tank pitch

Having a great product is not enough. You need to show prospective customers the advantages your product has over existing standards. Or else, you would just be left hanging and losing out on business if you were not able to articulate your vision for your product and its benefits to others.

The best Shark Tank pitches provide valuable insights for sales reps looking to enhance their sales strategies. Clear value propositions, compelling storytelling, understanding the audience, handling objections, and projecting confidence and authenticity are all essential elements that can be applied to sales presentations and meetings. By adopting these key learnings and incorporating them into their own approaches, sales reps can improve their chances of success, engage prospects more effectively, and ultimately close more deals. So, take a page from the best Shark Tank pitches and elevate your sales game to new heights.

Like you have seen in most of Shark Tank pitches, video plays a key role in showcasing the capabilities of your product. Similarly, if you haven’t used the power of videos yet, you can now. Simply sign up for Hippo Video for free and experience it now.

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60+ Shark Tank Project Ideas

Post author By admin
August 18, 2023

Explore a diverse range of Shark Tank project ideas that showcase innovation and entrepreneurial spirit. From eco-friendly solutions to tech innovations, discover inspiring concepts that made a splash on the show.

Hey, folks who love all things business and innovation! Ever caught yourself glued to the TV during an episode of “Shark Tank” and thought, “I’ve got an awesome idea too!” Well, guess what?

We’re about to take you on a journey through the world of “Shark Tank Project Ideas” where we’ll unwrap some seriously cool stuff.

Picture this: everyday folks turning into business moguls right before your eyes. We’re talking about those lightbulb moments that could change how we do things, make life easier, or just plain blow our minds. From quirky gadgets to smart solutions, we’re diving deep into the ocean of innovation.

Whether you’re a budding entrepreneur ready to rock the world or just someone who loves to be in the know, get ready to be amazed by the ideas that strut their stuff on the Shark Tank stage. So, let’s jump right in and discover how a simple idea can make a big splash in the world of business!

Table of Contents

Shark Tank Project Ideas for Students

Have a close look at shark tank project ideas for students.

Student Planner App with a Twist

Imagine a student planner app that’s not your ordinary calendar. This one adds a twist of fun by turning your study journey into a game.

Get ready to conquer your schedule, assignments, and exams while earning rewards and staying super motivated!

Eco-Friendly School Supplies

Think about cool school stuff that’s kind to the planet. We’re talking about notebooks made from recycled materials, pens that go back to nature, and lunch containers that never need a landfill. Perfect for eco-friendly students and parents!

Peer Tutoring Platform

Ever wish studying was as easy as a chat with friends? Picture a platform where students who ace certain subjects help out their buddies who might be struggling. It’s like a virtual study group with video chats, whiteboards, and high fives for acing that test!

Campus Safety App

Safety first, right? Imagine an app that’s like having a guardian angel on campus. If anything sketchy happens, you can press a button to alert security and your emergency contacts. Plus, you’ll get real-time updates and tips to stay safe.

Note-Taking Wearable

What if your notes could literally stick with you? Imagine a cool wearable that captures your lecture notes and sends them to your phone. No more frantic scribbling – just smooth, organized reviewing!

Interactive Language Learning Game

Learning languages could be a blast! Think about a game that takes you on a virtual adventure through different countries and languages. You’ll chat, learn, and even improve your accent using fancy speech tech!

Career Exploration Platform

Imagine a one-stop-shop where you can peek into different careers. This online hub connects you with pros, shows you cool internships, and teaches you useful skills. It’s like a sneak peek into your future!

Campus Sustainability Initiative

Let’s make the campus greener! Think about recycling programs, energy-saving tricks, and events that spruce up the place. It’s all about making your school a hub of eco-awesome.

Mental Health and Wellness App

Life’s stressful, but imagine an app that’s like a pocket-sized zen master. It gives you exercises, tips, and ways to deal with stress. And if you need more help, it can even connect you with counselors.

Student Discount Marketplace

Ready for some sweet deals? Imagine a website that rounds up all the best student discounts out there. From clothes to gadgets, you’ll be saving some serious cash!

These student-centered Shark Tank project ideas are all about making student life awesome, from tackling assignments to chilling out.

Whether you’re a techie, an artist, or just someone with great ideas, these concepts could kickstart your journey into the entrepreneurial world.

What are Some Good Ideas for Shark Tank

Check out some of the best shark tank project ideas in tabular form.

Easy Shark Tank Project Ideas

Have a close look at easy shark tank project ideas.

Customizable Phone Accessories

Imagine creating a whole lineup of phone goodies – cases, pop sockets, and stickers – that folks can personalize with their own touch. From quirky designs to cherished photos, this idea turns phones into personal art pieces.

Novelty Subscription Boxes

Think about putting together themed surprise boxes filled with cool stuff. Snacks, stationery, beauty goodies – you name it. Subscription boxes are all the rage, and these unique picks cater to all sorts of interests.

Pet Grooming and Pampering Products

Ever thought about pampering our furry buddies? Picture crafting easy-peasy pet grooming treats like brushes that clean themselves, paw balms, and all-natural shampoos. Pet parents are always up for simple ways to spoil their pals.

Home Organization Kits

Imagine giving people tools to declutter and tidy up their living spaces. Think closet organizers that save space, nifty cable management, and dividers for kitchen drawers. Who doesn’t love a neat and tidy home?

Plant Care Accessories

Plants are in, and they need love too. Envision cool products like self-watering planters, sensors that tell you when your plant’s thirsty, and stands that double as decor. Plant lovers would be all over this!

DIY Candle-Making Kits

How about sparking creativity with DIY candle kits? Imagine giving folks everything they need to make their own lovely, scented candles at home. It’s the perfect combo of craftiness and coziness.

Quick and Healthy Meal Kits

Picture this: meal kits that make healthy eating a breeze. Ingredients all sorted out, easy-to-follow recipes, and portions that keep you feeling great. Busy folks would totally thank you for this one.

Travel-Friendly Fitness Equipment

Ever wished your fitness gear could travel with you? Imagine stuff like stretchy bands, yoga mats that fold up, and tiny dumbbells. Fitness junkies on the move would love these space-savers.

Smart Shopping List App

What if grocery shopping got smarter? Envision an app that helps you build customized shopping lists, even suggesting recipes based on what’s in your kitchen. Plus, real-time price comparisons to score the best deals.

Eco-Friendly Cleaning Products

How about keeping things clean while saving the planet? Think reusable cleaning cloths, eco-friendly cleaning liquids, and spray bottles you can fill up again and again. Cleaning just got greener.

These easy-peasy Shark Tank project ideas tap into everyday needs and offer simple solutions. Whether it’s making plant care simpler or jazzing up phones, these ideas have that special touch that can catch both the sharks’ and customers’ attention.

Shark Tank Project Ideas for School

Have a close look at shark tank project ideas for high school

Homework Helper App

Imagine an app that’s like a buddy for students. It helps keep track of assignments, sends reminders, and even dishes out study guides and interactive learning tools. Say goodbye to missed deadlines!

Virtual Field Trip Platform

What if classrooms could magically transport to amazing places? Picture an online platform that offers virtual field trips to historical spots, museums, and landmarks worldwide. It’s like an adventure without leaving school.

School Safety Technology

Safety’s a big deal, right? Think about making schools even safer with an app that lets teachers and admins communicate fast during emergencies. Or a smart door lock they can control from anywhere.

Eco-Friendly School Supplies Store

How about a store that’s all about going green in school? Imagine selling notebooks made from recycled stuff, reusable water bottles, and pens that help save the planet. Students can rock sustainability!

Interactive Science Kits

Learning science could be hands-on fun. Envision kits that give you materials to try out cool experiments at home. From creating volcanoes to exploring magnets, these kits make science super cool.

Study Buddy Matching App

Imagine an app that’s your ultimate study buddy. It links you up with students studying the same stuff, so you can team up for study sessions or group brainstorms. Learning’s better together!

School Garden Initiative

Think about a garden right at school! Imagine growing veggies and stuff, learning about nature and healthy eating. Plus, you might even get to eat what you grow in the cafeteria.

Classroom Noise Monitor

Ever wished there was a way to keep the classroom peaceful? Picture a device that checks how noisy things are and gives a heads-up to students and teachers to keep things chill.

Language Learning Game

Learning a new language could be a game. Imagine fun games that help you learn new words and phrases. Whether you’re a kid or a teen, you’ll be speaking like a pro in no time.

Teacher Appreciation Gift Service

Teachers are superheroes, right? How about a subscription that delivers sweet gifts to them? It’s a cool way to show teachers some love and build a super awesome bond.

These school-centered Shark Tank project ideas aim to make learning exciting, enhance safety, and build awesome connections between students, teachers, and parents.

By focusing on education, safety, and innovation, these ideas have the potential to stand out and make a positive impact in the world of entrepreneurship.

Shark Tank Project Examples

Check out some of the best shark tank project examples

Scrub Daddy

Imagine a friendly sponge that adapts to your cleaning needs! The Scrub Daddy isn’t your ordinary sponge—it changes texture based on water temperature.

When things get tough, like stubborn stains, it becomes soft. And for those heavy-duty tasks, like grease and grime, it gets firmer. It’s like having a smart sidekick for cleaning that knows exactly when to be gentle or tough.

Ever wished for a lantern that’s both eco-friendly and super handy? LuminAID is a lantern that inflates and is powered by the sun. It’s your go-to buddy for outdoor adventures or when the lights go out unexpectedly.

Just charge it up in the sun, and it’s ready to light up your space whenever you need it—whether it’s camping under the stars or staying prepared for emergencies.

Cousins Maine Lobster

Picture this: a food truck rolling up to serve you fresh Maine lobster. That’s exactly what Cousins Maine Lobster did. Cousins turned their love for lobster into a booming business on wheels.

Their success was so big that they expanded into a franchise. From serving lobster rolls on the streets to becoming a franchise sensation, they proved that a tasty idea and hard work can lead to big things.

Squatty Potty

Yes, you read that right—Squatty Potty isn’t just a funny name. It’s a bathroom accessory that aims to improve your posture during—you guessed it—bathroom time.

By promoting a more natural squatting position, it helps with smoother and more comfortable moments. It’s like a little innovation that shows even the smallest changes can make a big difference in your daily routine.

Home security got smarter with Ring’s video doorbells and cameras. Imagine being able to see who’s at your door from your phone. Ring made that possible, and it even caught Amazon’s eye.

Amazon loved the idea so much that they acquired Ring. Now, you can keep an eye on your home and have peace of mind, all thanks to a simple yet genius concept.

The Original Comfy

Have you ever wanted to be wrapped in a cozy blanket all day? The Original Comfy made that dream real. It’s a wearable blanket that’s like a warm hug you can take anywhere.

Whether you’re binge-watching your favorite shows or reading a book, you’re snug as a bug in a comfy rug. It’s a comfy solution to feeling warm and cozy wherever you are.

Tired of losing your glasses? ReadeREST has your back—or rather, your glasses. It’s a magnetic eyeglass holder that clips onto your clothes, keeping your glasses secure and within reach.

No more searching for your specs—they’re right where you put them. It’s a small invention that saves you from big frustrations.

Teaching cats to use the toilet might sound like a dream, but CitiKitty made it real. Their kit helps train your feline friend to do their business where you do yours.

It’s a clever solution for cat owners who want to say goodbye to litter boxes. Imagine the convenience of having a potty-trained cat—CitiKitty makes it possible.

Wicked Good Cupcakes

Cupcakes in jars? That’s the delightful idea behind Wicked Good Cupcakes. A mother-daughter duo turned cupcakes into portable desserts.

These jarfuls of goodness are not only tasty but also a feast for the eyes. They proved that a dash of creativity can transform a classic treat into something new and exciting.

Tipsy Elves

When it comes to holiday-themed clothing, Tipsy Elves takes the crown. They blend humor and style, creating outfits that make every celebration a blast.

From funky Christmas sweaters to quirky Fourth of July gear, Tipsy Elves proves that clothing can be fun and fashionable at the same time.

These amazing Shark Tank projects show how a dash of innovation, a sprinkle of creativity, and a lot of hard work can create products that make life more enjoyable and convenient.

With a pinch of imagination and a spoonful of determination, entrepreneurs turned simple ideas into everyday solutions we now love.

How do you make a Shark Tank idea?

Creating a Successful Shark Tank Idea: A Step-by-Step Guide

Identify a Problem or Need

Start by pinpointing a real problem or need that your idea can solve. Make sure it’s something meaningful and relevant to potential customers.

Conduct Market Research

Dig into the market to understand who your customers are, the size of the market, and your competitors. Figure out how your idea stands out from what’s already out there.

Develop Your Idea

Take your initial concept and refine it. What features will your solution have? How will it truly address the problem you’ve identified?

Prototype and Testing

Create a prototype or MVP to show off your idea’s functionality. Test it with your target audience to gather feedback and make improvements.

Business Model and Monetization

Decide how you’ll make money from your idea. Will it be a product you sell, a subscription service, or something else? Define your pricing and revenue strategy.

Prepare a Compelling Pitch

Craft a clear, succinct pitch that outlines the problem, your solution, the market opportunity, and what makes your idea stand out.

Financial Projections

Lay out realistic financial projections to demonstrate your expected revenue, expenses, and potential profits over a specific period.

Marketing and Sales Strategy

Share your plan for reaching customers. How will you market your idea? Consider both online and offline strategies to grab attention.

Intellectual Property Protection

If relevant, think about protecting your idea with patents or trademarks. This safeguards your work and can add value.

Practice Your Pitch

Practice your pitch until you’re comfortable presenting it within the time limits of a Shark Tank episode. Your delivery should be engaging and confident.

Prepare for Questions

Think ahead and be ready for the sharks’ questions. Address potential concerns about the market, competition, and your execution plan.

Highlight Traction

If you’ve got early successes like sales or positive feedback, mention them. It shows that your idea is already gaining traction.

Apply to Shark Tank

Follow the application process on the official Shark Tank website. Make sure to provide all requested information and materials.

Be Open to Negotiation

If a shark shows interest, be prepared to negotiate. Understand your idea’s valuation and how much equity you’re willing to offer in exchange for their investment.

Developing a winning Shark Tank idea means balancing creativity, research, and strategy. By understanding your idea inside and out, showing its market potential, and conveying its value effectively, you boost your chances of catching the sharks’ attention and securing their support.

In the exciting world of entrepreneurship, Shark Tank project ideas truly stand out as beacons of creativity and determination. They vividly demonstrate how regular folks like us can dream big and actually bring those dreams to life.

Whether it’s clever gadgets that add convenience to our lives or revolutionary solutions for major issues, these ideas illustrate the incredible power of thinking outside the box.

These ideas serve as inspiring teachers, showing us that every obstacle can transform into an opportunity to shine. They motivate individuals like you to chase your passions, devise innovative fixes, and leave a positive mark.

The journey from a simple notion to presenting it on the Shark Tank stage is like riding a thrilling rollercoaster of strategic planning and sheer courage.

As the business landscape continues to evolve, the essence of Shark Tank ideas consistently fuels inspiration. It gently pushes upcoming thinkers like you to dream big, get creative, and bravely embrace risks.

And whether these aspiring entrepreneurs strike a deal or not, these ideas stand as a reminder that the most precious treasure is the determination to transform a mere idea into a force that can reshape lives, industries, and even the entire world.

Frequently Asked Questions

What kinds of ideas are suitable for shark tank.

Shark Tank welcomes a wide range of ideas, from innovative products and services to creative solutions for everyday problems. The key is to have a unique value proposition that addresses a specific need or challenge in the market.

Do I need a fully developed product before pitching on Shark Tank?

While a fully developed product can be impressive, it’s not always necessary. Many entrepreneurs present prototypes or even just a well-thought-out concept. What’s crucial is showcasing the idea’s potential and demonstrating that it solves a problem.

How important is market research for a Shark Tank idea?

Market research is essential. It helps you understand your potential customers, competition, and the demand for your idea. Being well-informed about the market landscape can make your pitch more convincing to both the sharks and viewers.

How do I prepare for tough questions from the sharks?

Expect the sharks to ask challenging questions about your idea, its potential, and your business plan. To prepare, thoroughly research your idea’s strengths and weaknesses, understand your financial projections, and be ready to defend your valuation and revenue strategy.

What happens if a shark makes an offer for my idea?

If a shark offers you a deal, you have a decision to make. Consider the terms of the offer, the expertise the shark brings, and how the partnership aligns with your goals. Negotiations may follow, so be open to finding common ground that benefits both parties.

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Five Presentation Tips From Shark Tank

My favorite show on TV is Shark Tank. If you haven’t ever seen it – it is a reality TV show where hopeful entrepreneurs pitch their business/product ideas to millionaire and billionaire investors – inviting them to invest in their companies with their own money. These investors include Mark Cuban (Owner of the Dallas Mavericks), Daymond John (Creator of FUBU) and others.

I am an entrepreneur at heart. I love seeing innovative ideas and people who are creating something from scratch. I love the sacrifice and the passion. I love the negotiations and the valuation process of a pitch.

But the thing that I love the most about Shark Tank is what we can learn about giving presentations from the entrepreneur’s presentations.

When I was in High School I competed in an entrepreneurship competition against 10,000 other kids. In the competition we had to conceive of a business, write a business plan and then present it to judges who were acting as venture capitalists, trying to convince them to invest in our business. It was a high school, non-TV version of Shark Tank. Over the course of several months and many pitches to judges – I ended up taking second in the competition.

Then at age 21, I started a business in direct sales with my brother Scott. Over the last 10 years I have presented (pitched) our products and opportunity to tens of thousands of people and we have built a very successful business. (Our business does over $20 million in annual revenue)

So what is my point in sharing this background? I know what it feels like to be in the tank – to give the pitch. And now as the author of The Power of Storytelling, I work with sales professionals, speakers, executives and politicians to help them hone their presentation skills.

There are Five Presentation Tips From Shark Tank that I want to share that will help you take your presentations to the next level. They are:

1. Personalize Your Presentation 2. People Buy You 3. Know Your Numbers 4. Samples Sell 5. Tell A Good Story

The first take-away from Shark Tank is to personalize your presentation. The entrepreneurs who are most successful are the ones who go into the presentation having already done their homework. They have researched the sharks and know specific information that allows them to personalize the presentation to those receiving it. This may sound like a basic concept but it is a common mistake that most presenters make. They don’t do their research before and they don’t tailor their presentation to who is in front of them.

We live in a world of personalization. Think about it. Our world today is customized to individual needs/wants. When you go to Starbucks you can get your coffee anyway that you want it. (I’d like to have a Venti, sugar-free, non-fat, vanilla soy, double shot, decaf, no foam, extra hot, Peppermint White Chocolate Mocha with light whip and extra syrup…Please.”)

Here are a few other things you can customize:  Your shoes at www.converse.com  Your car (mustang) at www.ford.com/cars/mustang/customizer  Your clothing at https://www.customizedgirl.com  Your computer https://www.shopping.hp.com

So do you think a canned presentation is going to move your prospect forward in a customized world?

I would suggest that you take a look at The Mackay 66. https://www.harveymackay.com/pdfs/mackay66.pdf This is a questionnaire that was developed by my good friend Harvey Mackay. Harvey is the bestselling author of Swim With The Sharks Without Being Eaten Alive.. It is an incredibly thorough questionnaire that is designed for a sales person to learn all they can about the prospect before meeting with them. I don’t think you need to know everything on the Mackay 66 – but it wouldn’t hurt you if you did.

Once you do your research – you are in a position to personalize. When you personalize a presentation you change the wording, approach and examples so that it speaks to your audience. Many of the entrepreneurs on Shark Tank will tie their product or idea to the personal interests of the Sharks or they will reference past investments the Sharks have made and point out the similar opportunities. These little pieces of personalization go a long ways because they show that you did your research, that you want to connect and work with them, and that you aren’t just like everyone else.

Here are 7 Simple Ways You Can Personalize Your Presentation: 1. Change the title of your presentation to fit your audience 2. Use first names of audience members to draw them into the presentation 3. Add the audience name or logo onto your slides 4. Use an example or metaphor that the prospect will relate to 5. Use insider language that shows the audience you speak their language 6. Vividly describe the audience’s problem so they know you understand 7. Reveal the mutual enemy (put yourself as a partner in us vs the world)

Tip #1 from Shark Tank – Personalize Every Presentation. -Remember, as a presenter – it is all about the audience.

The second tip from Shark Tank is that People Buy You.

There is a familiar adage in sales and marketing that says, “You are not the message, you are the messenger.” I couldn’t disagree more.

Have you ever been to a used car lot and been hounded by a slimy, annoying used car salesman? You can’t tell me that the salesman doesn’t affect the sale. This principle is true across the board. -The students buy the teacher first. -The audience buys the presenter first. -The shark buys the entrepreneur first.

So let’s change the adage – “You are the first message people buy and you are the messenger.”

On Shark Tank you will often hear the sharks say, “I love you and I would love to do business with you…” What are they saying? They are saying that they have bought into the entrepreneur, which is the most important part of the pitch.

I recently spoke for a company who sells products door to door. As I spoke to their sales team I emphasized this point buy personalizing. I said, “If you knocked on my door and I didn’t like you or trust you – you wouldn’t ever get a chance to tell me about your product. So the first thing we sell in any presentation is our self.”

So what do people buy? There is another familiar adage – “People do business with people they know, like and trust.” I disagree with this as well. It isn’t necessarily wrong – but it is incomplete. The truth is people do business with people they know, like, trust and VALUE.

That is what people buy. So if we are presenting, selling, leading or teaching – we should ask the following questions: – Do people like me? – Do I connect well with others? – Do people find me arrogant? – Do people trust me? – Do people sense that I only care about myself or do I show genuine care? – Do others see the value I can provide? – Am I someone people want to partner with?

As a presenter – we need to recognize that the first thing we sell is us.

Presentation Tip #2 from Shark Tank – People Buy You.

The third tip is to – Know Your Numbers.

As hopeful entrepreneurs present to the sharks they present a valuation on their business. They say, “I’m asking for $100,000 for 10% equity in my business.” – which would be a $1,000,000 valuation.

It is only logical that the sharks would want to know why the business is worth $1,000,000. So they ask about the sales (both units and revenue). They want to know what assets the company has, what margin they are operating on and what projected sales and growth will be.

Many entrepreneurs enter the Shark Tank and get shot down because they can’t answer these questions. In other words they Don’t Know Their Numbers.

As you and I give presentations, we too need to know our numbers. If we are selling a product, pitching an idea, or casting a vision – it is important that we know the important and pertinent facts and figures.

In the second post (People Buy You) we discussed the idea that people do business with people they know, like, trust and Value. To be a person of value we need to bring a knowledge base and confidence to each and every presentation.

The truth is people want to feel as if they are doing business with an expert. The great part for you and me is that expertise and knowledge is something anyone can develop.

That doesn’t mean that you have to wait until you are an expert to get started, but I will make a couple suggestions:

1. Look at your presentation from the viewpoint of the audience and see what questions come to mind. Make sure you are prepared to answer all of the perceived questions with confidence. 2. After every presentation, make note of the questions that were asked and how you handled them. After a handful of presentations, you will have a journal of every possible objection or question you will ever face. 3. Record your presentations and go back and study them. If you don’t handle certain questions well, practice and be ready the next time around.

The entrepreneurs who enter the Shark Tank and know their numbers are the entrepreneurs who breed confidence in the Sharks and because of that confidence, they get their deal and take on quality partners.

Isn’t that what we all want?

Tip # 4 – Samples Sell

As entrepreneurs enter the Shark Tank, they present a multitude of ideas. Their products range from food to clothing to movies. And one of the ways that the entrepreneurs seem to win over the sharks is by putting the product in their hands.

When you are presenting and you can sample the product, it does something magical. It makes the abstract tangible and gives the prospect an experience with the product before they even buy.

You have probably heard the saying – “The product sells itself.”

Whether that is true or not, the saying is irrelevant if you don’t give the product and opportunity to sell itself. That is why people love a test drive. They can touch it, taste it, and experience it for themselves and if they have a positive experience – they want more.

So as you present your product:

– If it is something you can eat or drink – let them taste it. – If it is something they wear – let them try it on. – If it is something they can watch – show a sample. – If it is something they can try – let them take a test drive.

When you put it in their hands, you increase the likelihood that they will buy dramatically. It is no longer buying based on faith – they have experienced the product and they know.

Remember Presentation Tip #4 from Shark Tank – Samples Sell. Turn your presentation into an experience.

Tip #5 – Tell A Good Story People love stories and great presenters are great storytellers. Their stories add context, drive emotion and make your presentation memorable. In this post I am not going to dive into all the aspect of how to tell a great story. If you want to learn the skill of storytelling – I would encourage you to pick up a copy of The Power of storytelling. This post is going to talk about why stories add value and why you should make them part of every presentation you give.

Stories that are told well do three things for you and your products. They make you relatable, emotional, and multidimensional.

Relatable: Being able to tell a story instantly connects you with the customer, whether it’s a real customer, your kid—whoever is on the other side of your story needs to connect with you. Ever wonder why we love musicians so much? The story in their song is so powerful that it moves your emotions. They sing to you, or about an experience that you can relate to. Garth Brooks sang a song called “Unanswered Prayers”—I think we can all relate to that message. And when you relate to someone, you feel that connection. People want to feel as though they connect with and understand the people and brands they do business with. The right story is that relatable connection.

Emotional: Logic may make you think, but emotions make you act. When you are able to engage the emotion of a listener, you can cause them to take action. If you want them to buy your product, adopt your ideas, or even hire you: appeal to their emotions. When was the last time you went to a movie? Every good movie has that moment or character that pulls at your emotional heartstrings. It can be a classic like Shawshank Redemption or a sports movie like Rudy. You move someone emotionally and you have them hooked.

Multidimensional: Without a story, you and your product just blend in with others. Compelling stories add context, history and relevancy to you and your products. They can make even the most mediocre things stand out and be seen in a different light. Stories add vibrancy and depth. There’s an exact science to a brand and all good brands tell a story whether directly or indirectly. Nike is a great example of this. Remember the “Be Like Mike” campaigns. In no universe could any of us play basketball like Michael Jordan just by wearing his shoes—but those commercials made you think, made you act and for just a moment when you put those shoes on, the story of this kid who was cut from his high school basketball team resonated with millions of people across America—and billions of dollars have been spent on the shoes because of the story.

Stories add value to you and your presentation. If you want to hit a home run – tell a good story.

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Sir your simply great this article is very helpful for me… Thank you

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Shark Tank Pool MK Plan

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Would you be afraid of watching sharks from up close? Perhaps if a solid (and transparent) barrier separates you from them... But this could become one of the main attractions of the city, so maybe it's worth it to think of a marketing plan for a shark tank! If you want to imagine what it's like being in such a place... check out these slides! You'll see that the backgrounds take you to the shark tank, so it's like giving your audience an overview of your plan, as well as of the place itself. Needless to say, everything is editable, and the best thing is that we've generated more accurate (but still placeholder) text to give you a better sense of the usefulness of the slides.

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The Only 10 Slides You Need in Your Pitch

I am evangelizing the 10/20/30 Rule of PowerPoint. It’s quite simple: a pitch should have ten slides , last no more than twenty minutes , and contain no font smaller than thirty points . This rule is applicable for any presentation to reach an agreement: for example, raising capital, making a sale, forming a partnership, etc.

Ten slides. Ten is the optimal number of slides in a PowerPoint presentation because a normal human being cannot comprehend more than ten concepts in a meeting—and venture capitalists are very normal. (The only difference between you and venture capitalist is that he is getting paid to gamble with someone else’s money). If you must use more than ten slides to explain your business, you probably don’t have a business.
Twenty minutes . You should give your ten slides in twenty minutes. Sure, you have an hour time slot, but you’re using a Windows laptop, so it will take forty minutes to make it work with the projector. Even if the setup goes perfectly, people will arrive late and have to leave early. In a perfect world, you give your pitch in twenty minutes, and you have forty minutes left for discussion.
Thirty-point font . The majority of the presentations that I see have text in a ten-point font. As much text as possible is jammed into the slide, and then the presenter reads it. However, as soon as the audience figures out that you’re reading the text, it reads ahead of you because it can read faster than you can speak. The result is that you and the audience are out of synch.

I hope this helps you create a winning pitch deck for your startup. If you’re interested in this template, you’re probably an entrepreneur. Please check out my podcast, Remarkable People , to learn from remarkable entrepreneurs such as Steve Wozniak (Apple), Melanie Perkins (Canva), Suzy Batiz (Poo Pourri), Steve Wolfram (Mathematica), and Melissa Bernstein (Melissa and Doug).

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About the author: guy kawasaki.

Sneak Peek: The Art of Innovation and Data-Driven Enterprise

46 Comments

Very good points. Sometimes less is more, especially when you are trying to get important points across and increase your credibility.

I fully subscribe to this logic…just find it interesting that were you to convert this excellent info-graphic to slides it would equal approximately 15 slides.

Your presentation is meant to support the message you’re communicating, not obscure it. I can’t agree with the thought ” a normal human being cannot comprehend more than ten concepts in a meeting “. Using more than ten slides to explain for my business may not break my standard level.thanks

Very good simple and pragmatic tool useful in various domains. I see many applications for NGOs either with policy makers or donors. We need more of those to help them integrate private sector good practices, and hence gain in professionalism, impact and coherence.

Why is this not the template used for Shark Tank?

HA! This is the exact same template used for Shark Tank, minus the deck / linear format. Otherwise, all these topics are the key focal points of their discussions.

Loved this article especially the part about “using a Windows laptop, so it will take forty minutes to make it work with the projector” .. hehehe!

I love this article. However, this comment ( his comment ) is unnecessary and distracting – it could have been eliminated and the article would be even stronger. I’ve been burned enough times with projectors and Apple computers that I rigorously avoid them – a personal choice. Yet, I wouldn’t have injected my bias about Apple into this article if I was wrote it. In ‘ The Art of the Keynote Guy says ‘ Don’t denigrate the competition ‘ – good advice. Apparently Microsoft is the competition. He should follow his own counsel.

And the reality is it’s true you wouldn’t spend 40 minutes trying to get it to work with an apple. You’d realize immediately you don’t have the right adapter that’d be that.

I didn’t get past the first line because the phrase is “in a pinch” not “pitch”.

Peggy is this a joke? The author is referring to a sales pitch. There’s no such thing as a “sales pinch.” He’s not referencing your phrase.

Only one slide is missing… Defensibility & IP. Every good pitch has some sort of moat. Trade secrets, patents, exclusivity agreements, etc. Investors want to have some sort of competitive advantage and protections.

Same goes for sales pitches.

Brian – wouldn’t that would be in the Underlying Magic?

Dave – Not really. The underlying magic is your “model”; what are you doing differently to address the need in the market?

As an investor, you want exclusivity in the market to that magical way of addressing the need. That means you have a legal way to defend the IP (e.g. patents, copyrights, etc.). With those elements your execution in fulfilling the need becomes less important, and thereby reduces investor risk, because in the end we can then license the IP to someone who can.

How would someone protect a big idea let’s say as example the idea of Facebook. A network idea. A big idea, but one that could be grabbed and replicated. How do you protect “the idea” even from those angel investors you are pitching to? Do you ask investors to sign anything before you pitch? I am stuck at this very fundamental starting point.

I agree. This is where I am stuck. My business model and idea are based around a network sales concept and exclusive market niche (a huge niche). How do I protect that? Do I need to protect this idea, even from presenting to investors? How do you protect a network concept, for instance how would you have protected the idea of Facebook going in to present the concept to investors? Is stealth, speed of execution, launch and quick scaling the only ways?

@Briand and Dave, What I recall from the book, Underlying Magic refers to differentiation; which can take the form of IP, unfair advantage or innovative resource/model.

Great Article. I completely agree with Guy, the attention span of most people is max 20 minutes after which the human mind has moved on. the slides may be more than 10 but really your message is only heard in the first 15 to 20 minutes. Lol so agree with the 40 minutes set up time :) that is something we see all the time..

Great article! nice to read. is there any example or presentation, if you have please share with us.

I would add use of pictures and graphs along with text in the presentation. Pictures catch great deal attention and they communicate well. I would also add presenter’s voice pitch and connecting with audience while presenting.

Guy’s 10 slides are clearly structured as a pitch presentation format for investors. Having now been on both sides of the table, I can confidently say they are an effective template / discipline for getting your story focused on the essential check list of questions that investors will have, for keeping their attention, and for whetting their appetites to want to learn more .. and potentially attracting a champion in the process. With a strong leader taking command of the presentation, these guidelines work well for improving your batting average attracting $. As Mark Twain said, “If I had more time I’d have made it shorter”. If that was ever more true, it’s with investors who are barraged daily with deals.

Love the 10/20/30 philosophy and am rewriting an article => video to follow. Some of the comments make me a bit concerned though.

some wat to relavent about internation affairs of nationality inthe antise social group….!!!!

What is your take on the PechaKucha format of 20 x 20 – 20 slides , 20 seconds each? In a world of decreasing attention spans do you think this format has the ability to add a bit more Zing and Energy to a presentation? Allows more time for Q & A then too.

This is very, very helpful to me in creating my pitch.

This is realy helpful I using the same in my studies here in Kenya

Thank you GK, I used it. I raised capital for my young company.

Very good simple and pragmatic tool useful in various domains. well elaborated design and understandable.

Funny thing is, I am using Canva for a project presentation in a Strategic Sales class and this was the first useful article I found to help me get a start on it.

I can agree with this as someone who make many pitch decks. I like the idea of 10, but it is not feasible as there is no consumer insight, media quotes, simple marketing plan, etc. Yes. there should be 10 topics, but that does not mean 10 slides as some topics do take multiple slides, even if just a media coverage quote on a slide to introduce a topic.

Guy Kawasaki pitch deck are very small but very helpful for startup, however have a look this one pitch deck, https://goo.gl/QaCrPT it have 450+ slides cover all the topics of every pitch. 6 categories template such as marketing, sales, investor, startup,

I think it’s interesting that “Exit Strategy” is a stupid question. Perhaps what Guy is saying is the “Underlying Magic” is the exit strategy?

I really like the book The art of start 2.0. He explains in simple words and its easy to understand. I recommend the book!

I agree with Guy’s thoughts. In addition: Make up a deck. Show it to a friend. Then 2 days later ask them what it said. Tweak the deck so that the viewer is left with 3 or 4 most important bullets. These should be very much akin to the notions in the Elevator Pitch.

Does anyone have any good examples of anyone using this format? It would be nice to see this applied.

People invest in people so my pitch decks, based on Guy’s approach, have the team slide in position #2. The 3-4 key individuals are listed as follows:

Joe Shmo Head of Engineering Cal Berkeley – MS Computer Science Previously VP Engineering @ Lightning Networks (acquired by Cisco) Driving product development

I don’t make a big deal about the CFO and never use “R&D” in the pitch. VC’s early on dictate who the CFO is, and one VC told me years ago that “research is done in universities, not with my money”

Limit of 10 slides enforces you to be concise, to see and display a core of the project. And it is critical to be understandable for audience. When you don’t spend additional time of investors, they see that you respect them. So they will respect you.

I’m looking for a pitch deck for a veterans non-profit.

Hello every body,

I’m a senior counselor for entrepreneurship and business in knowledge-based as well as normal habitant civil services. In my opinion, the very pre-condition for any good presentation is good idea with tested de-coupled sub-phases of the business. The investor and his/her venture capitalist is plausibly expert to capture the subject.

If you don’t have a great and sizable business idea don’t expect that you will win with any trick such 10/20/30. These rules are suitable for great-idea owners.

One of my ask for pitch deck. Your advise on pitch deck relief me from the pressure.But when i started to do the pitch deck , it takes 3 hours to complete and i made only 8 slide. I realized that i am weak at PowerPoint presentation. Can you release a course on power-point? Thank You

Valuable help for all our startups.

The article is very well written; short but useful. Thanks for sharing such a useful piece of content.

Guy, I love this format and I push it on all the entrepreneurs I coach. As I’m prepping to give a presentation and share it though, I see that the infographic form is actually impossible to present in PPT. Text is too small and formatting isn’t right. Seems like the infographic needs a little rework to be most useful!

Very well written article. Thanks for sharing such a useful piece of content.

Beautiful Article, Guy! Short and to the point and explained your points with proper justification. Rhyming concept 10/20/30 too.

Minimalism at its finest. 10 slides felt a bit less at first but the infographic made things very clear.

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14 Shark Tank Lesson Plans for Middle School (and High School!)

By: Author Amanda L. Grossman

Posted on Last updated: October 31, 2022

Use these free shark tank lesson plans for middle school & high school, Shark tank worksheet pdf, and Shark Tank project ideas to teach your students.

Okay, okay – so you’ve seen the hit show, Shark Tank , and you want to know how you can incorporate some of this coolness into your classroom?

group of students working on shark tank project, text overlay

I’ve got you covered with some free shark tank lesson plans for middle school AND for high school.

These shark tank assignment ideas and shark tank activities are a great way to get your students actually wanting to do their schoolwork.

They’ll work together in teams for most, and because these are such cool assignments, they’ll likely get closer.

And did I mention you might be amazed at the ideas they come up with?

Depending on which activities you choose, your students can learn the following:

How to invent something to solve a problem
How to present something to a class or group
How to come up with a marketing plan
How to calculate production costs and profits
How to think through distribution of a product

Let’s ( shark )dive into these lesson plans, worksheets, and projects!

Hint: many of these free shark tank lesson plans come from Teachers Pay Teachers, and you’ll need to set up a free account in order to access them.

1. Shark Tank: Lessons in Business and Entrepreneurship

Grade Level: 6 th – 12 th

screenshot of scholastic shark tank lessons and activities

Scholastic has fantastic Shark Tank activity worksheets – it’s a whole lesson plan, and includes a teacher’s guide. All for free!

Core entrepreneur lessons are:

Teaching Entrepreneurship
Building a Business Plan
Writing Persuasive Pitches
Finding Mentors

2. Shark Tank Marketing Review

screenshot of shark tank marketing activity worksheet PDF

This worksheet will have your students thinking about all kinds of things when watching a Shark Tank episode (great shark tank questions for students!).

Demographics AND psychographics of who might buy
Whether the pitch is a product/service, and whether it is a want or a need
What marketing tactics they’re going to use to help persuade people to buy it

3. Christmas Shark Tank Activity

Grade Level: 6 th

screenshot of Christmas shark tank activity worksheet PDF

Super-cute, Christmas-themed, Shark Tank activity: your students are tasked with creating a new toy that they’ll have to pitch to Santa’s workshop for the chance that it becomes a new toy in his catalogue!

Students will also need to present their ideas, and a rubric is included.

Psst: not ready for a full-on shark tank competition? Try holding a market day in your class. Here are 22 things for kids to make and sell , and help pricing their products in this market day lesson plan . Here's 3 kid business examples .

4. Shark Tank Analysis Worksheet

This is a very simple worksheet you can print out and use with any Shark Tank episode you’re showing students.

I like how the questions ask students to critique the pitches, such as whether or not you agree with the shark’s responses, and what could be improved about the person’s pitch.

5. Aztec Shark Tank: Jaguar Tank!

Grade Level: 7 th grade

Take your students back to the time of the Aztecs, and have them work on solving a problem in Aztec society by creating an invention and then pitching it to the other students (just like on Shark Tank !).

The bottom line on this activity is answering these questions:

Which inventions did we find most effective?
What problems did we learn about in Aztec society?

6. Shark Tank Business Plan Activity

Grade Level: middle school

This shark tank lesson plan PDF walks you through a simple way to use Shark Tank in your classroom – to help your kids create their own business plan by modeling for them what one looks like – and then gives you the worksheets they’ll need to do it.

Students are also prompted to:

Write an advertisement for their product/service
Write their presentation down, created from the answers they give for specific questions
Present their idea to the classroom

Hint: the links don’t work within this PDF, but you don’t need her specific episode choices to do this.

7. Shark Tank Junior Lesson Plan

Grade Level: 8 th grade

Does your classroom use a good bit of technology/software (like YouTube, Canva, Google Sites, etc.)? You can check out this teacher’s simple lesson plan that leads students through creating a pitch and website for a new product or service idea.

Psst: here are more fun money activities for middle school students .

8. History Shark Tank Project

Here's a fun shark tank idea for school: this teacher uses Shark Tank to teach different technologies and technological advances during various time periods. Really brings a history project alive!

9. Dolphin Tank Rubric

Grade Level: 4 th -12 th

Can I just say that I find the title of this shark tank activity, “Dolphin Tank” absolutely adorable?

Okay… moving on .

The idea is to have students pitch real ideas to a panel of teachers and judges. The winning idea will be chosen, and you can encourage them to pursue the idea in real life (the creator suggests by opening up a crowd funding campaign).

FYI: this is just a rubric to help the judges when deciding on who should win.

10. Shark Tank Summary Sheet

Grade Level: 9 th – 12 th

Here’s a very simple and straightforward worksheet you can give your students to fill out while watching an episode of Shark Tank. They’ll be asked whether or not they want to invest, to summarize discussion points, and so on.

11. Shark Tank Marketing Mix Activity

You’ve likely heard of the 4 P’s of marketing (price, product, promotion, place)? Well, this activity has your students go through a specific Shark Tank of episode (EP 15 S9), and fill out the 4 P’s for the specific pitches.

12. Mavro’s Mayhem TM

Here’s a very thorough lesson plan around having students practice linear equations in a real-world setting: starting up a business and figuring out what it will take to make a profit.

13. Energy Shark Tank Senior Challenge

Grade Level: 12

screenshot of senior challenge energy shark tank worksheet for high school students

You can download each of the sheets for both junior and senior levels in this Energy Shark Tank challenge.

Seniors are put on the business development team of an energy company, with the task of pitching a new energy technology product to a group of investors. The worksheet has lots of thorough questions that will get your students thinking, as well as help them prep their 2 to 3-minute pitch.

Things like:

Obstacles to people adopting the new technology
Identifying competing technologies in the market
How to develop a pilot project

FYI: in order to get the PDFs, you have to go through checkout. Rest assured, the cost is $0.00.

14. Tiger Shark Investment (TSI) Tanked! Challenge

Grade Level: High School

Get your free resource packet filled with curriculum standards, student activities worksheets, assessments, vocabulary worksheets, and more.

This dives into the whole entrepreneur journey, such as:

Writing a business plan
The 4 P’s of marketing
Tools to market your product/service
Peer evaluation worksheet

Resources to Help Your Students with their Shark Tank Pitches

Looking to add some resources that will help your class’s Shark Tank experience? Here you go.

Perfect the Pitch

Here is an excellent rundown of what made a winning pitch on the show , Shark Tank, and why. Fascinating read!

Two card games that help with creating persuasive pitches include:

Silicon Valley Startups (ages 14-18 years)
Snake Oil Game (ages 10+)

You'll also want to check out my review on the Teen Entrepreneur Toolbox .

Entrepreneur Lesson Plans

I’ve got an entire article of 23 entrepreneur lesson plans to help supplement the above worksheets and Shark Tank episodes with deeper learning.

Not only that, but I’ve collected a bunch of youth entrepreneur competitions and awards (including scholarships!) and youth entrepreneur programs to get your kids even more interested in the entrepreneurial journey.

If you have the time, I would definitely go through some of the elevator pitch idea resources, these free business plan templates for kids , and entrepreneur lesson plans on top of your shark tank lesson plans for middle school and high schoolers. That way, your students will get much more out of these free Shark Tank activities.

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25 Innovative Shark Tank Project Ideas For Students

Explore innovative Shark Tank project ideas that inspire creativity and entrepreneurship in students. From product pitches to business plans, discover engaging ideas to bring the excitement of entrepreneurial thinking into the classroom.

Have a groundbreaking business concept you believe would captivate the Sharks on Shark Tank? Whether you’re at the inception stage or already making strides, Shark Tank is the major league, isn’t it?

But what sorts of concepts truly grab their attention? Well, we’re here to divulge the secrets! We’re delving into some seriously innovative “Shark Tank Project Ideas” that could make those Sharks do a double take. From ingenious gadgets to ingenious services, we’re exploring concepts that could disrupt the market and generate substantial revenue.

The Sharks adore solutions to problems, offerings that stay ahead of trends, and, let’s face it, ideas that fill their pockets. So, why not take a chance? Your concept could be the one that lands you a lucrative deal and a partnership with your very own Shark.

Take a look at these “Shark Tank Project Ideas” and let your creativity soar. Who knows? Your big opportunity might be just one exceptional pitch away.

Table of Contents

Benefits of Shark Tank Project Ideas for Students

Shark Tank projects benefit students in many ways:

In summary, Shark Tank projects are fun and educational, helping students develop key skills for the future.

Top 25 Shark Tank Project Ideas

Here are the 25 Shark Tank project ideas with a simpler, more engaging tone:

Smart Mirror

Description: Mirror with tech to show weather, news, health stats.
Difficulty: Intermediate
Tools: Raspberry Pi, Mirror, Display Panel, Sensors
Resources: Online tutorials, coding
Time: 2-3 weeks

Virtual Interior Designer

Description: App to plan room designs in AR.
Difficulty: Advanced
Tools: AR SDK, 3D Modeling Software
Resources: Programming, design
Time: 4-6 weeks

Eco-Friendly Packaging

Description: Sustainable packaging for businesses.
Tools: Biodegradable materials, Packaging software
Resources: Eco-friendly suppliers, guidelines
Time: 3-4 weeks

Smart Gardening System

Description: Automated watering and fertilizing for plants.
Tools: Microcontrollers, Sensors, Water pumps
Resources: Coding, gardening

Personalized Vitamin Subscription

Description: Custom vitamin plans delivered monthly.
Tools: Subscription software, Vitamin suppliers
Resources: Nutritionist, health data
Time: 2-4 weeks

Mobile Grocery Store

Description: Mobile store for rural areas.
Tools: Mobile vehicle, Inventory system
Resources: Local suppliers, regulations
Time: 6-8 weeks

Virtual Fitness Trainer

Description: Personalized workout plans in an app.
Tools: Fitness trackers, App tools
Resources: Fitness guides, trainers

Elderly Care Robot

Description: Robotic assistant for elderly care.
Tools: Robotics kit, AI software
Resources: Elderly care experts, safety

Custom Pet DNA Art

Description: Art from a pet’s DNA.
Tools: DNA kit, Art supplies
Resources: Pet DNA services, tutorials
Time: 3-5 weeks

Smart Kitchen Organizer

Description: System to track food inventory.
Tools: RFID tags, Inventory software
Resources: Kitchen tips, tutorials

Portable Solar Charger

Description: Solar charger for devices.
Tools: Solar panels, Battery pack
Resources: Solar guides, kits

Personalized Fashion Subscription

Description: Clothing subscription with personalized items.
Tools: Fashion software, Inventory system
Resources: Fashion trends, fabrics

DIY Home Security System

Description: Easy-to-install home security.
Tools: Security cameras, Motion sensors
Resources: Security guides, kits

Smart Sleep Mask

Description: Mask for better sleep.
Tools: Sleep sensors, LED lights
Resources: Sleep tips, electronics guides

Interactive Children’s Books

Description: Books with tech for interactive learning.
Tools: Interactive book platform, Content
Resources: Child development, examples

Personal Safety App

Description: App for emergency assistance.
Tools: App tools, GPS tracker
Resources: Safety guidelines, contacts

Smart Water Bottle

Description: Bottle that tracks water intake.
Tools: Smart bottle, Hydration app
Resources: Hydration guides, reviews

Food Waste Reduction App

Description: App to reduce food waste.
Tools: Food inventory software, Recipes
Resources: Waste reduction tips, Nutrition

Virtual Reality Travel Experiences

Description: VR tours for travel experiences.
Tools: VR headset, 360 cameras
Resources: Travel guides, tutorials

Educational Coding Kit

Description: Kit for kids to learn coding.
Tools: Coding tutorials, Microcontrollers
Resources: Coding for kids, Educational games

Smart Home Fragrance Diffuser

Description: Device to customize home fragrance.
Tools: Fragrance oils, Smart controller
Resources: Fragrance guides, tutorials

Smart Recycling Bin

Description : Bin that sorts and compacts recyclables for easy disposal and promotes recycling habits.
Difficulty : Intermediate
Tools Required : Recycling sensors, Compacting mechanism
Resources : Recycling guides, Waste management solutions
Time Duration : 3-4 weeks

Innovative Food Product

Description : Unique and innovative food product with a compelling story and market appeal.
Tools Required : Food processing equipment, Packaging materials
Resources : Food innovation trends, Market research tools
Time Duration : 4-6 weeks

These project ideas are designed to be innovative, feasible, and potentially lucrative for entrepreneurs seeking investment on Shark Tank.

Shark Tank Project Ideas

Check out shark tank project ideas:-

How to Select Best Shark Tank Project Ideas?

Choosing the best Shark Tank project idea is easy with these steps:

Pick What Excites You

Choose an idea you’re passionate about.
Use your skills, like design or writing.

Check the Market

Find a problem to solve.
See what others are doing and find your unique angle.

Make Sure It’s Doable

Think about what you need to make it happen.
Consider if it can grow big.

Brainstorm and Improve

Come up with many ideas and refine them.
Get feedback from others to make it better.

Remember the Shark Tank Rules

Be creative and solve problems in new ways.
Present confidently and explain your idea clearly.

Think About Growth and Money

Show how your idea can make money.
Plan how it can grow and be successful.
Put yourself in the investors’ shoes.
Get inspired by successful pitches and companies.

Follow these steps to pick a winning Shark Tank project idea!

Shark Tank Project Ideas For Students

Are you a student with a great business idea but don’t know where to start? Get ready to pitch your concept with these Shark Tank project ideas!

Identify a Problem: Find a problem and create a solution.
Research: Understand your market and refine your idea.
Pitch Perfect: Practice your pitch to show passion and knowledge.
Team Up: Work with classmates to share strengths and tasks.
Have Fun: Enjoy the process!
Think Beyond: Learn business skills like marketing and budgeting.

Get ready to pitch your idea with confidence! Maybe you’ll be the next big success on Shark Tank!

Shark Tank Project Ideas for College Students

College is a great place for innovation! Here are some Shark Tank project ideas to impress the investors:

Tips for Success

Use Your Knowledge: Combine your studies with your business idea.
Get Feedback: Test your idea with potential customers.
Think Big: Show how your idea can grow.
Team Up: Work with classmates who have different skills.
Practice Pitching: Perfect your business presentation.
Find Mentors: Get advice from professors or alumni.

Get ready to pitch your idea and impress the Sharks! This could be the start of your dream business.

Shark Tank Project Ideas for Middle School

Ready to pitch your classroom business ideas? Check out these simple project ideas:

Focus on a Problem: Solve a common middle school issue.
Research and Test: Get feedback and improve.
Craft a Pitch: Highlight benefits clearly.
Team Up: Collaborate with classmates.
Have Fun! Enjoy the process!
Think Like a Shark: Make your idea unique and valuable.

Unleash your inner entrepreneur and pitch with confidence!

Shark Tank Project Ideas for Elementary School

Calling all young inventors and dreamers! Get inspired by these project ideas for elementary schoolers:

Focus on a Problem: Identify a common challenge and find a creative solution.
Team Up: Collaborate with classmates to combine strengths.
Think Creatively: Come up with unique ideas.
Practice: Rehearse your pitch with enthusiasm.
Have Fun: Enjoy the process of creating and presenting.
Think Like a Shark: Convince others your idea is valuable and solves a real problem.

Unleash your inner entrepreneur, research your market, and get ready to pitch with confidence! Who knows, you could be the next Shark Tank success story!

Easy Shark Tank Project Ideas

Looking to impress the Sharks with a brilliant business idea, but want to keep it simple? Here are some easy Shark Tank project ideas perfect for students of all ages:

Problem-Solving Products

Organizational Oasis: Design a desk organizer to help students or busy adults stay clutter-free.
Lunchbox Lifeline: Create a lunchbox cooling system or insulated bag with compartments.
Fidget Fixers: Develop a calming fidget toy for focus and self-expression.

Creative & Upcycled Solutions

Upcycled Emporium: Design phone cases, keychains, or bookmarks from recycled materials.
Personalized Playground: Offer custom temporary tattoos or stickers for self-expression.

Tech with a Twist

App Attack (Simple Version): Create a language learning app or homework tracker with a user-friendly interface.
Focus on a Specific Need: Identify a problem and offer a clear solution.
Keep it Simple: Easy-to-understand ideas can be impressive.
Presentation is Key: Practice your pitch and showcase your passion.
Team Up for Success: Collaborate with classmates to combine skills.
Have Fun! Enjoy the process of creating and presenting your idea.
Think Beyond the Product: Consider marketing and distribution.

With these ideas and a sprinkle of creativity, you’re ready for the Shark Tank! Good luck!

Best Shark Tank Project Ideas

Determining the “best” Shark Tank project idea depends on factors like age, skillset, and resources. Here are ideas with high potential across different interests:

Research Your Market: Understand audience needs and competition.
Focus on a Problem: Offer a clear solution to a specific issue.
Build a Strong Brand: Create a memorable identity for your project.
Plan for Scalability: Show how your idea can expand.
Show Passion: Be enthusiastic about your idea when presenting.
Seek Mentorship: Get guidance from experienced mentors.

Shark Tank Ideas that haven’t been used

Here are some straightforward Shark Tank project ideas across different areas:

Remember, these are starting points. Research and focus on a problem with a large market for success.

Shark Tank Project Ideas pdf

What are some good ideas for shark tank project.

Check out some good ideas for shark tank project:-

Remember, a great Shark Tank pitch focuses on solving problems, unique features, and market potential. Be confident, passionate, and clear in your presentation!

How do you make a Shark Tank idea?

Check out the best ways to make Shark Tank idea:-

Spot a Problem or Gap

Look for everyday problems or unmet needs.
Think about what bothers you or people around you.
Check out trends and how people shop.

Think Up Creative Solutions

Don’t hold back on quirky ideas!
Try different ways to solve the problem.
Sketch, make models, or act out your ideas.

Be Innovative and Unique

Figure out what makes your idea different.
Does it make things much better or suit a special group?
Look at similar products and find your edge.

Refine Your Idea for a Specific Audience

Who would love your idea?
Learn about their age, needs, and shopping habits.
Make your product just right for them.

Plan a Smart Business Model

How will your business make money?
Decide on prices, costs, and how much you can earn.
Choose if you’ll sell once, monthly, or another way.

Create a Strong Pitch

Grab attention with a strong start.
Explain your idea clearly and what’s great about it.
Show numbers and facts that prove your idea is a winner.
Let your passion and know-how shine through.

Practice your pitch lots. Be ready for tough questions and show you know your market and money stuff.

The Sharks want ideas that are new, can make big sales, have passionate creators, and make money. Polish your idea, practice your pitch, and you could be the next Shark Tank success story!

What is a unique business idea in Shark Tank?

Check out a unique business idea in Shark Tank:-

Focus on a Specific Niche

Smart Pet Training App: Train your furry friends better with an app that learns their quirks and creates custom training plans.
Kid-Friendly Gadgets: Give old tablets new life with fun educational apps for kids.
Stress Relief Subscription Box: Get personalized stress-busting goodies delivered based on how you’re feeling, tracked by a wearable.

Unconventional Product or Service

Green Party Supplies: Eco-friendly decorations for guilt-free parties.
Virtual Escape Rooms: Escape the ordinary with immersive challenges from your living room.
Custom Foot Support: Get comfy with 3D-printed arch supports that fit your shoes perfectly.

Innovative Business Model

Small Investments, Big Impact: Invest pocket change in projects making a difference in the world.
Smarter Renting: Matchmaking for landlords and tenants using AI to find the perfect fit.
Local Craft Workshops: Learn traditional skills from artisans in your area.

How do you make a product for Shark Tank?

Crafting a Winning Product Pitch for Shark Tank:

Pinpoint a Compelling Problem

Focus on widespread issues: Target problems that affect a large audience, not just a niche.
Offer a fresh solution: Your product should present a new twist on familiar problems.

Create a Product with the “Wow” Factor

Appeal to the eye: Design matters, so ensure your product is visually appealing.
Tell a captivating story: Share the journey behind your product’s creation or its impact on users.
Prototype readiness: Have a working model to demonstrate during your pitch.

Build a Scalable Business Model

Aim for growth: Showcase your product’s potential to capture a significant market share.
Revenue clarity: Explain how your pricing strategy and revenue streams will drive profits.

Perfect Your Pitch Technique

Grab attention fast: Start with a punchy opening that highlights the problem you’re solving.
Showcase benefits: Highlight how your product stands out and the advantages it brings.
Back it up with data: Provide market research and sales projections to validate your claims.
Inject passion: Display enthusiasm and expertise to convince the Sharks of your commitment and competence.

Bonus Tip: Know Your Sharks

Tailor your pitch: Research the Sharks’ investment preferences and adjust your presentation accordingly. Remember:

The world of Shark Tank ideas is super exciting! It’s filled with innovative products and services that tackle real problems and grab people’s attention. Key factors include staying focused, preparing thoroughly, and showcasing your idea in a way that really shows its promise.

With commitment and a strong plan, you could land a deal that changes your life. So, why not jump in and see where your ideas take you?

project shark tank presentation example

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VIDEO

COMMENTS

[Updated 2023] 10 Best PowerPoint Presentation Templates for Pitching Your New Business on Shark Tank

But first, a dose of inspiration

10 presentation templates for a Shark Tank win

Template 1: Most Commonly Used Stock Pitch Deck PowerPoint Presentation PPT Slide Template

Template 2: Pitch Deck to Raise Funding From Business Crowdfunding PowerPoint Presentation Slides

Template 3: Investor Pitch Deck For A Start Up PowerPoint Presentation Slides

Template 4: Angel Investor Pitch Deck PowerPoint Presentation Slides

Template 5: Pitch Deck Template for Entrepreneurs PowerPoint Presentation Slides

Template 6: Pitch Deck for First Venture Capital Funding PowerPoint Presentation Slides

Template 7: Slides for a Startup Pitch Deck PowerPoint Presentation Slides

Template 8: Investor Deck Outline Pitch Deck Outline PowerPoint Presentation Slides

Template 9: Business Pitch Deck for Food Start up PowerPoint Presentation Slides

Template 10: Equity Pool Funding Pitch Deck PowerPoint Presentation Slides

Try them out!

FAQs on Pitch Decks

How to create a pitch deck?

What to include in a pitch deck?

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Practice your pitch:

Know your numbers:

Highlight your unique selling proposition:

Be prepared to negotiate:

Build relationships:

Have a plan for the future:

Shark Tank pitch script example:

What makes a Shark Tank pitch successful?

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Do Share Your Thoughts :

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SWIMMING WITH SHARKS: Founders who made it on 'Shark Tank' reveal winning pitches, tips to negotiate money-making deals, and how they've used the spotlight to their advantage

Subscribe to BI Prime to read them all.

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How to Win on Shark Tank

Product Validation: The Foundation of a Winning Pitch

Crafting a Compelling and Concise Pitch

Mastery of Numbers and Realistic Valuation

Demonstrating Traction and Growth Potential