The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Becker On Shark Tank

The Entrepreneur's Forum for learning how to build wealth and financial freedom the Fastlane way!

Say "NO" to mediocre living rife with jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence. Join our forum with more than 70,000 entrepreneurs who are making it happen.
Join for FREE Today
Get the books
Remove ads? Join Fastlane INSIDERS
(Registration removes this block)

sparechange

Platinum Contributor
Speedway Pass
Nov 11, 2016
2,805
4,363
Canada (Vancouver)

ApparentHorizon

Platinum Contributor
Speedway Pass
Apr 1, 2016
942
2,809
Greenville, SC
I don't disagree with what he's saying, although it's a bit of a straw man, imo. But the show still serves a purpose.

The kinds of people that go on there, would still work in their business rather than on it.

They'd be their own employees.

Shark Tank gives a few owners an outlet to make it "big" and take an early retirement at a 5, 10, or 20+ mil payday once they exit.

COULD they have bootstrapped it and made it a lifelong business that pays dividends while they relax on the beach, or pursue other hobbies and dreams?

Sure.

Will they do it on their own?

Not likely.

I never got the vibe from the show that the only way to be successful is to take on debt and give away equity or royalty.

If you actually watch it, they pound into the ground, that you need cashflow.
 

The Abundant Man

Gold Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
Jul 3, 2018
1,430
2,114
I like the show. It gives people an opportunity to present their ideas and make it as businesses. Plus, ratings for the television network and it allows regular normal people to see entreprenuers.
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Must Read Books...

Explore books recommended by MJ DeMarco and other members of the Fastlane entrepreneurial community.
Fastlane Bookstore
Top