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Tag: shark tank

Egota

Egota

Published December 22, 2021

Accepting any kind of feedback is hard. We’ve all been there, and we know it.

That’s why a statement a lady made on the venture-capital investment TV show called Shark Tank recently, really caught my attention.

Mark Cuban was giving her some feedback about her product’s packaging. He said that the packaging was good, but not self-explanatory. If a customer picked up that product, s/he just wouldn’t understand it and how to use it and what it’s benefits were.

He tells her he would be keen to invest with her, however, “are you okay with changing your packaging?”

To which the lady replies, “Data over ego. That’s what I believe in Mark.”

Such a cool thing to say! That I might have a view, an opinion, a stance, a preconceived notion even – but if data comes by, if the facts change, if the circumstances change, then I’m willing to open my mind and learn.

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Visual creatures – part 2

Visual creatures – part 2

Published May 25, 2021

We touched upon the importance of visualization yesterday. Here’s a nice example that I saw on the famous TV series called Shark Tank. This is how Wikipedia describes the show – “Shark Tank is an American business reality television series that premiered on August 9, 2009 on ABC. It shows entrepreneurs making business presentations to a panel of five investors or “sharks,” who decide whether or not to invest in their companies.”

As you can imagine, this is a make or break moment for most entrepreneurs, given they could rope in a billionaire ‘shark’ to help grow their business by hundreds of millions of dollars. Sometimes even just appearing on the show, without winning a shark’s investment itself can be free marketing. Also obvious, is that the path is not easy. Just getting featured on shark tank, amongst countless thousands of other businesses, is excruciatingly hard, what with a gruelling selection / elimination process.

One lady who was featured in the 12th season was presenting her product. Once she finished her demo, she also played a video clip from 4-5 years ago. This was back when she had just begun her business, and all she had was a few prototypes of her product. Back then itself, she looks into her phone camera, and records herself speaking to the investors, “Sharks – I’m coming to see you on Shark Tank in a few years, and as you can see, these are my prototypes, and I’m coming to you with my finished product in a few years, with an awesome sales track record too!”

What an incredible way to visualize, record it for posterity, and then work one’s backside off until said goal is achieved!

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Imperfectshunned

Imperfectshunned

Published August 28, 2020

Is there anything more beautiful than a smile? Of course there is. A smile with a dimple.

Jokes aside, apparently the dimple is not an epitome of perfection. Rather, it is a flaw, a genetic deformity that causes the irregular growth of a certain facial muscle as the embryo develops.

Wow, so that means we do know to admire imperfections in life! Or are we the type that believes our brother or sister or spouse or parent must go under the knife to ‘get’ a dimple? Apparently this is a big thing – cosmetic surgery and all – go figure!

The world is full of imperfections. But that is what gives each one of us a chance to survive. If everyone was amazingly and equally good at math and finance, I wouldn’t have my job. If everyone was equally talented and looked like Tom Cruise, Brad Pitt or Scarlett Johannson, or directed like Steven Spielberg or Chris Nolan, we would be drowning in monotony.

We all know the adage beauty is only skin deep. But we are still attracted only by the beautiful. Everyone wants a beautiful wife, but not one scarred by an acid attack. Everyone wants a healthy and cute husky puppy – not one that can’t walk or see. What if we were on the receiving end of this partiality?

I remember an interesting company called Hungry Harvest that pitched on Shark Tank. Their premise was nifty. When we go to supermarkets to buy our veggies and fruits, we only pick the good looking ones. The deformed and ‘ugly’ produce never even see the daylight. But companies like these help make use of them. For instance, we drink carrot juice, but never care how the carrot looked. I don’t know anything about their business side of things. But if we all could see beauty in imperfections, the world could be a better place!

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