Shark Tank Lessons
Squeaky Knees…and Tail Lightz If you watched last week’s episode, then you saw the segment with a couple who invented leggings with a built-in squeaker toy for crawling infants. The idea was to be able to monitor the child’s movements by hearing the sound… of constant squeaking as the infant or toddler crawled. Unfortunately, the […]
Shark Tank
Just When you Thought it was Safe to Startup ABC TV’s Shark Tank returned to the airwaves. When this show debuted, I had misgivings about the concept because it seemed as if billionaires were profiting from the work of cash-strapped entrepreneurs, cornered into giving up large portions of their companies for operating capital or face […]
Popular Toy Invented By 12-Year-Old CEO Started At Age 5
Watch an episode of Shark Tank and see what happens when presenters cannot answer questions about the figures involved in operating their business. During a recent airing of the Tamron Hall show Mia Monzidelis admitted math was not her strong suit. But she must know the key figures involved with her Power Pony invention, such […]
Justin Forsett: Startup Lessons From A Former NFL Football Player
Justin Forsett had a powerful motivation for choosing to become an entrepreneur, but as most beginners do, he made some early missteps. The first was major: Forsett chose a name for his hygiene product invention based on an inside joke with athletes. And no joke, the name—Shower Pill—likely gave other potential customers, non-athletes, pause. Forsett’s […]
What Aspiring Inventors May Overlook: A Valuable Resource
Wisconsin Innovation Service Center Having a good idea for a product is only the beginning, failure to gather all the relevant facts and evaluate the marketplace puts the aspiring inventor at a disadvantage and an easy mark for questionable business services. A recent Steve Harvey show underscores the point: three aspiring inventors and one woman, in particular, stood […]
9 TV Shows for Potential Entrepreneurs
Useful TV Takeaways on Entrepreneurship The primary trick to learning from many of the following TV reality programs for aspiring entrepreneurs involves noting the mistakes of others and avoiding them… easier said than done. Restaurant Impossible Americans spend more than $1 billion a day on dining out, according to Robert Irvine, industry pro and host of […]
Tips, Facts, and Resources for Aspiring Teacher-Entrepreneurs
Avoiding Pitfalls Note: No person or organization listed in the content paid for mention Part-time entrepreneurship has long been a part of the teaching profession, according to the Wall Street Journal. Educators are more likely to moonlight more than members of other occupations. In Texas alone, moonlighting has doubled during the last 30 years. Related […]
Real World Business Lessons From Reality TV
Beyond The Shark Tank What happens after Shark Tank appearances is the premise of the show. And the last program of the season featured the progress…or lack thereof of several presenters: Chord Buddy A music teacher for more than 30 years, his pursuit of the education market makes sense. But so did Robert’s concern. Contracts or […]