The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Using Sharktank as a research tool to understand the market.

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

ChrisV

Legendary Contributor
EPIC CONTRIBUTOR
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
May 10, 2015
3,111
6,584
1,512
Islands of Calleja
You know, I used to watch Sharktank. The idea being that it may give me a better intuitive idea of what ventures could be profitable, and which wouldn’t be. I think it’s been helpful in realizing which ideas would be shit and which were actual good ideas that filled a need in the market.

These guys’ entire livelihood depends on their ability to figure out with ideas will be profitable and which ones won’t. So I feel like by watching it can help you develop a good intuition. So the next time you have an idea you’ll be able to better tell if the idea is marketable or not.

I also follow kickstarter campaigns for the same reason. To see which ideas consumers are responding to.

I also think the ideas they present can help you come up with your own ideas to bring to market.

But most importantly it helps you realize which ‘inventions’ are profitable and which ones just plain suck.

What do you guys think of this approach?
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Last edited:

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Sponsored Offers

  • Sticky
MARKETPLACE Fox's Web Design Guide: Earn $100K this year (Yes, 2020!) and Go Fastlane
How do I sell to a different country with an accent? And a foreign number. Cold e-mails don't...
  • Sticky
MARKETPLACE Kill Bigger Incubator
Hey @Cruiser I just shot you a reply! Amazing product BTW!
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Well, we made it halfway through the year. Don't know what the rest'll bring, but it's gonna be...
  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
Not really a teaser but it does employ a fictional story, so that is similiar. This upcoming...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Dropping a quick note in here to say... if you are on TFL, you are part of an elite group of...



Forum Sponsor

sponsor

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom