Shark Tank is one of my favorite shows on television. I watch as many as I can in all forms- Dragons Den is where the show spawned from, Dragon’s Den is the BBC version of it. Its a great show. You can learn alot about business, big ideas, wants/needs, valuation, money, how to make money, negotiations, leverage, patents, product, packaging, promise, confidence, the american dream, just doing it, screw it lets do it, heck no, no deal, got a deal, insulting deal, awesome deal, what deal, who you are why you’re there, them, those sharks, who are they, what they did to get there, sweetness, showmanship, how to stand, how to act, how its shot, what was edited, how they got there, why they do the show, how does the show make people think, feel, be, and more.
Shark Tank is a staple in my “inspiration TV trend” these are basically anything and everything shows that empower and inspire people. Everything from shows that walk you thru what its like to flip a house to whats it like to make clothes and sell it on the runway to quick fire challenges in Top Chef. Ok its a huge category of shows that inspire you. The biz slice or the startup slice of themed shows like Shark Tank are fun to watch, but hey, get on there, that’d even be better.
On May 15th, Shark Tank is coming to town, no not the sharks themselves but the casting directors. I figure they’re here for a few reasons, one Ohio State is a big big big big school. Second the midwest is getting hot, its getting interesting, its getting cool. Columbus is getting attention, we’re netting some swanky intel action in the past 24 months. Lots of bit press about lots of different things. Shark Tank has done “university” theme’d episodes, odds are they’re crafting one, or seeing if there’s enough to craft one around the Ohio State “buckeyes” theme.
This is why its hugely important that we stand and represent. So the cattle call is for Ohio State alumni and students. On May 15th, you get 60 seconds to not only pitch your big idea, your passion, but your presence, your TV worthy goodness to the casting directors. If they get enough material everyone in the state let alone Columbus wins from seeing our episode of buckeye pride on TV pitching their next big idea. Other cities and universities are getting the opportunity, why not us?
This morning I talked to a promising hardware startup team of students that we’re debating the pitch. They were even advised, mentored in town to not pitch. This to me seems insanely crazy. I hear it all the time really. Don’t pitch until you’re ready, be solid, be working, be done, be perfect, all of which to me is a lie. Its a falsehood, its a gamble. Time is chipping away at your fragile exterior and you’re waiting for that coveted perfection nirvana to arrive. Of course I’m just another voice in the crowd, another supposed mentor with a megaphone shouting down. My credentials are only so much, I have no multitude fund o cash behind my name, I only have the experience i have and the success and failures and the mighty gut in the mix. But I am just dazed and confused by the notion of not going after any and all opportunities one can to net momentum. So many examples in my life are built on going fast and saying sorry or sweet later. This doesn’t mean devoid of focus (thats for another post) focus is key, but you need a radar of wonder around it, and if someone enters your zone of “dude that could help by x factor” you should not just consider it but go after it hard. If you’re early enough in the game, you have nothing to lose. Oh so you made an ass outa yourself, big frickin deal, blow that shell off and get back to work. I think you have to chase the moments you want down with a passion, otherwise you let elements of chance construct your fate while you think you control them.
Columbus has its own evolving Game of Thrones like startup culture, there are the doers, the advisors, the cautionaries, the wildlings, and more. And when you want knowledge, advice, you soak it up like a sponge, some times its easier to invent your own system vs navigating the one you’re supposedly supposed to navigate.
But I think about this window, this opportunity, getting on the tank and failing is still worth about 400k in advertising I figure and yes I’m making that up, just thinking sheer size of show, TV time, reruns factor, shark tank alumni status etc. Heck the more of disaster you are, Shark Tank stat wise, still means you’re likely to get funded. If you rock the tank, you have a potential to win hugely. The connections alone, having these sharks actually care about you, and their investment in you is so good, what a good problem to have.
Now not everyone has had a good experience in the tank, and keep in mind just doing the casting call doesn’t mean you get in. But I dunno, in today’s scene where momentum is basically everything, I don’t see the downsides to trying. All efforts will boil down to the basics, time, people and money. If you have all the time in the world, all the money you need and don’t need any help, then you don’t need things like tank. Course I figure if you’re in any notion of a biz, you lack all of the above and are always looking for more.
Most startups end up in a stats sheet where they tried and failed, or they never tried at all. Being in this sheet below wouldn’t be all that bad if you ask me, and we’re saying 60 seconds. If you don’t have 60 seconds to brag to the universe as to why you should exist, you should re-examine why you’re attempting to make a biz in the first place.
Now the kicker about the tank is that they’re less about typical startups and more about real people biz, that opens up the opportunity I think. Columbus tends to struggle or down right divide the product biz people from the startup software biz people and then you have the consulting biz people in the middle. The tank likes scale, so software seems applicable but in my viewing history of the show, they like products more so. They like products and tangible things. Not saying software is a no go but saying that the door is wiiiiide open, go go and go. I think if I was a casting director, my formula of choice would be- is there a story here, are they camera material, is it cool, can they pitch, sounds interesting. Notice i didn’t say its a business. How many times have we seen Shark Tank and think “where’s that business?” how’d they get on the show? They get on the show because they’re a good story, regardless of business, if they’re a good business even better, of course I want you have a biz and do the pitch and get on the show, but I also want you TRY regardless. Its 60 seconds, what do you have to lose? Represent Ohio State, represent buckeye pride, represent hustle manifested and get on that show!