Shark Tank is a reality television phenomenon featuring 6 multi-millionaires who give an audience to entrepreneurs hopeful to gain their financial support and business know-how. The show provides a good depiction of the types of concerns and potential investors may have of entrepreneurs. It has been suggested that if you make it out of the tank, you can make it anywhere.

This assignment asks you to watch an episode of Shark Tank (current or past) and provide a brief analysis on two of the ideas pitched by entrepreneurs. Your analysis should be written in paragraph form, 2-3 pages in length (not including cover and reference pages) and include the following:

Name of Product

Product Use

Name of Entrepreneur(s)

Describe the “deal” the entrepreneur(s) presented?

What was the outcome of the deal? Did a shark bite?

Using concepts from the text and other resources, analyze the “deal” and sales pitch made by the entrepreneur(s). What would you recommend the entrepreneur(s) do differently if you were given the opportunity? Was the feedback given by the sharks consistent with the concepts as highlighted in the textbook? Support your positions accordingly.

Differentiate the approaches of the two entrepreneurs you selected, what did you observe? Using the strategies suggested in the text, rate the level of effectiveness of both entrepreneurs.

*Note you can watch old episodes of Shark Tank at http://abc.go.com/shows/shark-tank/episode-guide or you can search your local listings.