Which Shark Tank failure do you think was actually a pretty good business idea? And do you think that any of the Sharks regret any of the pitches that they rejected? Shark Tank is one of the most watched television shows in the world. The reality television series premiered on ABC on August 9, 2009, and has aired thirteen seasons since then.
▬Contents of this video▬
00:00 - Intro
00:41 - The Body Jac
01:43 - You Smell Soap
02:32 - Hy-Conn
03:29 - ShowNo Towels
04:06 - ToyGaroo
05:11 - Sweet Ballz
05:46 - Qubits
06:17 - Three65 Underwear
06:50 - Night Runner
07:24 - Hill Billy
07:56 - Outro
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Its premise is pretty simple. Entrepreneurs pitch their product or business idea to a group of successful inventors. If they are successful at impressing them, they get their idea funded. Not only can scoring these investments help entrepreneurs bring their idea to market but being on the show also gives them a ton of exposure. As you will see, however, this isn't always a good thing for a fledgling business just starting to get its bearings.
Many contestants get shot down relatively quickly. Even if someone is lucky enough to walk away with that tasty Shark Tank money, the deal can fall through afterward, and their business can still fail.
At times this is because of a business blowing up too quickly and not being able to keep up with the sudden influx of demand. Other times it's because the deals that take place on the show fail to get finalized due to an unsuccessful behind-the-scenes negotiation.
In this video, we're going to be taking a look at some of the worst Shark Tank failures that ended up losing TONS of money. Although sometimes, the person that ends up losing the most is the Shark.
The Worst Shark Tank Failures That Lost Tons of Money
By: Facts Verse
Title: The Worst Shark Tank Failures That Lost Tons of Money
Sourced From: www.youtube.com/watch?v=FH3Pn4nA-dA
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