Doing business with the Sharks

If you haven't watched Shark Tank on ABC yet, then you need to tune in tonight. For those of you who own your own business, or those who are entrepreneurs, this is definitely time well spent. For the rest of you, I promise that it's just good TV.

The premise is that five top moneymakers listen to pitches from ordinary business people. If they like the idea; they invest. The Sharks are pretty cutthroat, hence the name, but if you pay attention you'll undoubtedly learn something about how investors are likely to see your business. If you're new to the show, you'll quickly glean that Kevin O. is pretty unlikeable—the Simon Cowell of the group, if you will. And Barbara is a soft touch, but she turned a $1,000 loan into an empire so she knows her stuff. Personally, Robert is my favorite Shark (a nice combination of business sense and compassion).

I was an early fan of Shark Tank and started watching over the summer. Apparently, others liked it, too, because it was given a permanent spot on the Fall schedule. And, for those of you who need more convincing, it's a Mark Burnett show (of Survivor and The Apprentice fame) so you know it's good reality TV.

Check out the video below to get the full scoop on Shark Tank. I promise you won't be disappointed.

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