Shark Tank's Take on Cloth Diapers, Fire Sleeves & Vaughan Homes for Sale

Shark Tank's Take on Cloth Diapers, Fire Sleeves & Vaughan Homes for Sale

A common dream among people who like to tinker with their livestock waterers in their garages is to get rich off of their inventions. Though millions of people have the same dream, very few discover the untapped wealth in their own ideas and are able to exploit it. However, what do you have to lose by trying? It's even easier to come to the attention of venture capitalists these days than it used to be because of shows like Shark Tank. Here's some information that will help you decide if you should apply.

Shark Tank is a television reality show on the ABC network in the United States. Based on the model of the CBC show Dragon's Den in Canada, Shark Tank features a panel of investors who judge the inventions and ideas presented to them by hopeful entrepreneurs. Some entrepreneurs hit a sweet spot and end up with a deal to develop their cloth diapers while others are ridiculed by the judges for the benefit of the television audience. Sometimes the ideas are even good enough to ignite a bidding war among the investors.

The investors, or "sharks" as they are called on the program, come from a variety of different backgrounds and are changed out season by season. The reason for this is that in some cases they're investing their own money, and eventually they will be tapped out. You can check out who this season's judges are by reading the meeting name badges on their desks when you watch the show. In the past there have been real estate moguls, fashion designers, infomercial producers, software developers, and media magnates. Each lineup aims to cover a broad spectrum of interests.

The ideas presented to the sharks range from innovative to ridiculous. Some entrepreneurs might come up with a highly marketable design for a fire sleeve while another might want funding to toilet train cats. The producers choose a mix of funny and fascinating, successful and unsuccessful, smart and unbalanced to keep viewers interested in the show. Ideas presented during various seasons of the show include t-shirt designs, interchangeable shoes, children's furniture, and skins for refrigerators.

If you came up with a great idea for a new product while working at table rental Toronto, why not apply to be on the show? Even if you don't win, it's great exposure for your idea. The show accepts applications from totally green entrepreneurs who are just starting out as well as established companies looking to expand. If you can make a decent pitch, you might get on the show. To apply, attend one of the show's open casting calls or submit your idea for consideration on ABC's website at www.abc.com.

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