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Three Successful Shark Tank Pitch Examples to Learn From (And Another to Avoid)
It’s a common misconception that a startup business cannot succeed without capital. Sure, you might need some investments along the way, but the one element that absolutely is necessary is a great idea.
"Capital isn't so important in business. Experience isn't so important. You can get both these things,” Firestone Tire & Rubber Co. founder Harvey Firestone once famously said. “What is important is ideas. If you have ideas, you have the main asset you need, and there isn't any limit to what you can do with your business and your life."
Granted, Firestone couldn’t possibly have imagined in just what sorts of ways entrepreneurs would acquire both capital and experience less than a century after his death. Since 2009, inventors and entrepreneurs alike have sought much-needed capital from some of the most experienced investors in America by appearing on ABC’s Shark Tank. They pitch their ideas, products and startup businesses to a panel of five sharks, hoping to exchange capital for equity.
Plenty have analyzed Shark Tank pitch examples to determine what elements are successful and which tend to fall flat with the sharks. In fact, when the Science of People studied the first 495 entrepreneurs to appear on the long-running series, it found the 253 successful pitches shared the following qualities:
- The entrepreneurs were credible.
- The tone of the pitches was agreeable.
- The pitches were interactive.
- The pitch and the product were captivating.
- The product or business was relevant.
- The pitch was entertaining.
- The presenters were confident.
- The presentation’s message was powerful.
- The pitch featured funny content.
- The entrepreneur’s or the company’s story was inspirational.
Of course, even Shark Tank best pitches need a visual element, and that makes a pitch deck an essential fundraising tool. Whether it’s for Shark Tank, Kickstarter or even a lunch meeting with a local investor, every startup needs an effective pitch deck to describe the company or product, its business plan and financial information at the very least.
Successful startup pitch decks seen on Shark Tank can offer inspiration and guidance for entrepreneurs and inventors seeking an investment in their startup company. Check out the following three successful Shark Tank presentation examples that you can learn from… as well as a Shark Tank pitch template to avoid at all costs.
Brightwheel
When entrepreneur Dave Vasen pitched the sharks in 2016, he didn’t just describe his mobile app, he transformed product details into a story to which each shark could relate. Brightwheel not only helps parents track their children while at daycare, but it also helps childcare providers record and communicate activities and updates— making it relatable to anyone who has their own kids or who cares for other children.
Vasen didn’t limit himself to a powerful oral presentation. His Shark Tank pitch also featured vivid images— first of parents struggling to understand how their small children spent their days before illustrations of parents and teachers successfully communicating with the Brightwheel app. The presentation also included a detailed business plan and plenty of other data to support Vasen’s call to action, inviting investors to take part in his plan.
Ultimately, Vasen was able to raise a $600,000 investment from sharks Mark Cuban and Chris Sacca in exchange for a 4-percent stake in his childcare management app. By 2018, Brightwheel’s net worth exceeded $31 million.
Ten Thirty One Productions
A company doesn’t have to be in its infancy to seek investment in the Shark Tank. When Ten Thirty One Productions co-founder Melissa Carbone successfully inspired Mark Cuban to make what was then the series largest-ever investment in 2013, her company had already served more than 100,000 customers.
Ten Thirty One Productions was founded in 2009 to produce horror-themed productions like haunted hayrides and setting sail on a ghost ship. The sharks were amused by Carbone’s particularly visual presentation— her Shark Tank presentation featured several of her horror performers in full costume. Audiences watched as generally serious sharks like Daymond John chuckled as they interacted with the characters.
The presentation also featured Carbone’s plans to expand her company nationwide with Haunted Hayrides in New York and horror campout events in 10 other cities. Still, the sharks really were blown away when Carbone revealed her company’s valuation was based in part on her Los Angeles Haunted Hayrides generating $1.8 million in just 17 nights, of which $600,000 was pure profit.
By the end of the presentation, Carbone’s entertaining pitch resulted in one of the largest investments in Shark Tank history— $2 million from Cuban in exchange for a 20-percent stake in Ten Thirty One Productions.
Simple Sugars
Audience engagement is vital when presenting a successful pitch to investors, but the feat is easier said than done when delivering business plans and financial data. One particularly effective method of engaging potential investors involves product demonstrations. If pitching in person, invite an audience member—preferably a potential investor— to try the product. If pitching via a remote location, then include a video demonstration in your pitch deck.
One startup company that nailed its audience engagement is Simple Sugars , an all-natural skin care scrub that was pitched on Shark Tank in 2013. Founder Lani Lazarri, just 18 years old at the time, conveyed an emotional story of her lifelong struggles with eczema. She then invited shark Laurie Greiner to try the product for herself as the other sharks watched.
When Greiner acknowledged how very soft the product left her skin, Lazarri was ready to chime in with an explanation of ingredients. By the end of her presentation, the budding entrepreneur walked away with a $100,000 investment— also from Cuban— in exchange for 33-percent equity in her company.
The quality of a presentation can make or break a pitch, and one company that definitely demonstrated that fact on Shark Tank was Rolodoc, which flopped during the season 5 premiere in 2013. In fact, at the end of brothers Richard and Albert Amini’s presentation, Cuban said it was the “worst pitch ever,” while real-estate mogul Barbara Corcoran called it the “worst sales presentation I’ve heard.”
So, where did the Drs. Amini go wrong? They were entirely unprepared. The entrepreneurs pitched what they intended as a social media platform for physicians without any thought into how they would make money from the product. They also didn’t know how they would market the platform or how they would vet doctors who signed up for a profile. They couldn’t even explain the social media element of the platform presented as a social network. Their idea wasn’t a bad one, but they hadn’t made any plans to execute it.
The Aminis didn’t seem to know even the most basic information about their own product. The pair not only were unprepared for their presentation, but they also failed to develop their actual product before attempting— and also failing— to sell it to investors.
"The problem was, they didn't have a business," Cuban told CNBC. "All they had was a list of buzzwords. So they liked to use 'security' and 'encryption' and 'email' and 'social media,' and the more questions I asked, the less they had in response."
Samantha Pratt Lile
Samantha is an independent journalist, editor, blogger and content manager. Examples of her published work can be found at sites including the Huffington Post, Thrive Global, and Buzzfeed.
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How To Make A Shark Tank Pitch? (PDF Templates Inside)
Every Shark Tank pitch is unique. None of the products and services pitched on the show are entirely identical to another. However, some aspects are common in all pitches. A prospective contestant can consider addressing the important things (the outline) to ensure the pitch has all the prerequisite data to compel an investor.
This article covers all the relevant aspects you must consider before preparing for a Shark Tank pitch. These simple steps will work as a Shark Tank template for students to pitch their startups to investors. The list is not exhaustive because several industry-specific requirements must be considered while preparing.
Shark Tank Pitch Template PDF (For Students & General audience)
How to make a shark tank pitch, know your product.
The foremost thing that a contestant must do is understand his product or service. Often, you would see Sharks questioning the entrepreneur regarding their product, but they do not answer them satisfactorily. This step is the most basic and critical step in deciding whether you will get a deal on Shark Tank.
As an inventor or manufacturer, you must know the problem that your product solves. Assessing the market position of your brand is also an important thing to do. Moreover, the features and benefits of the product are the least that you can prepare. A well-prepared always knows four things:
- Product – It involves knowing the features of the product and the needs that it fulfils.
- Price – The price at which your company sells the product to a retailer or even the wholesalers.
- Place – The place where the product is sold must be known. It might be a direct-to-consumer sale through a website or availability on the retail stores.
- Promotion – You must know the promotion campaign you are running or planning to run. It might be a paid promotion on social media or a QVC advertisement.
Bring The Right Valuation
Most entrepreneurs fail on Shark Tank because they value their businesses unrealistically high. Higher valuation is justified in just two cases. A valuable business will either have heavy money investment in it or have significantly high lifetime sales.
As an entrepreneur who is about to demand investment for his business, you must know how strong the investment and lifetime revenues are. Furthermore, you can hire a consultancy firm to help assess the right value of your business.
Tell A Compelling Backstory
Sharks look for more than the numbers and profits in a pitch. They ask entrepreneurs about their backstory to know their expertise, academic background, and entrepreneurial experience. This backstory helps them understand how well the owner can manage the business and his connection with the processes.
Writing down the timeline of your struggles and highlighting the challenges you have successfully overcome so far is preferable. The backstory must be sufficiently concise and meaningful to ensure that you do not waste too much time bragging about your personal achievements.
Listen Carefully
Entrepreneurs are often too excited to listen and understand the questions asked by the Sharks. This mistake costs entrepreneurs deals because they do not answer the question accurately.
As a preparation for your future appearance on Shark Tank, you must develop the habit of listening carefully and understanding what the panellist would ask. Once the listening is effectively done, answering becomes much easier.
Handle The Pressure Or Objection
It is okay if a panellist bullies or pressurizes you. It would be best if you were mentally prepared for this. Practice staying calm in uneasy situations. If a Shark objects to your approach and criticizes the business model, then you must take it positively.
It is better to never try too hard to convince or over-explain when a penalist disagrees with you. State facts and accept the deficiencies if they really exist. Sharks mostly object to the approach of helping entrepreneurs change it.
Know Your Numbers
Not knowing your number means that you are not entirely familiar with your business. A well-prepared entrepreneur must know important financial information and numbers. These numbers include gross margin, lifetime sales, yearly sales, projected sales, price per unit, cost per unit, gearing ratio, interest cover, etc. If you have previously raised money on another platform, then you should know the valuation at which the investment was made. Numbers are important because not knowing them will portray a negative image.
Study The Modes Of Finances
Sharks fund projects using different financing methods. It is better to know the most popular type of financing deals offered by investors on the show. The most popular modes are:
- Equity – Equity investment in your business gives the Sharks direct ownership in your business. They get the right to vote and profits.
- Debt – Investors on Shark Tank offer loans to a company if it faces problems funding its purchase orders and working capital. They get no right to vote and profits, but interest payments are made periodically.
- Royalty – Royalties are common when a high number of units are sold and the profit margins are high. Royalties can be in perpetuity, or they can expire upon recoupment of a fixed amount. This mode of finance is the safest for an investor because the return is continuous.
- Advisory shares – Advisory shares are simply equity options offered to investors against their expertise and business connections.
- Preference shares – Preference shares are similar to loans. The investors receive predetermined interest payments prior to distributions made to the owners.
Confidence And Honesty
No matter how hard it gets on the show or how weak a business number might seem, you should focus on remaining confident and honest. An honest businessman is a green flag for an investor because honest people rarely cheat. If you falter or get caught sharing misleading information, then it not only costs you the deal but also brings disrepute to your business on national TV.
Be Open To Criticism And Rejection
It is impossible to compel everyone to buy your narrative and believe in your vision. Sharks have rejected several million-dollar ideas because they did not benefit them in the short term.
If you get rejected on the Shark Tank, you must know that it is not the end of the world. You can still sell your product and make millions. However, the rejection from Shark Tank comes with valuable advice from the Shark. It helps the rejected businesses improve their business models and product features.
Bonus: Important Questions To Address Before Appearing On Shark Tank
What should i know about my product.
- Product differentiation – Homogenous and old-school products have a lower success rate on Shark Tank. Investors like investing in differentiated products that provide unique value to the customers. You must know how your product is different from other suppliers on the market.
- Target market – Every product has its target market. A target group can be described on the basis of demographics or social status. For instance, entrepreneurs manufacture goods specifically for infants or old-age customers.
- Revenue model – An investor likes to know how early he would get his investment back. You must explain if your product is provided with credit or cash. Moreover, upfront fees and affordable prices are ideal for success.
- Distribution – You must know your current or prospective distribution channels. Distribution channels might consist of presence in retail stores, supply through distributors and wholesalers, and direct-to-consumer sales via the official website.
- Customer acquisition – You should know and be able to demonstrate how your product can penetrate the market and acquire customers. Customer acquisition costs are usually a critical indicator for online businesses.
- Price and cost – Whether you are a manufacturer or a retailer, you must know the price and cost of your product. It is the most basic information that you must have ready for the investors. The costs usually reduce when the business scales.
- Projections – You must know what your product will do in the future. This might include making assumptions about the future price and demand.
- Competitors – A smart businessman always knows his competition. Stating that you do not have a competition might mean that you do not know your competition. However, a well-differentiated good has less competition.
How Do I Value My Business For Shark Tank?
Shark Tank pitches are mostly accepted or rejected on the basis of valuation. A realistic and accurate valuation is usually based on several methods. The most common method is to take the present value of inflows from revenues in perpetuity. Another indicator of valuation can be the capital invested in the business and the profit reserves accumulated over the years.
Is A Loan Better Than Equity For My Company?
Equity and loans are upfront investments that give companies the leverage to fund their operations immediately. However, both methods have their merits and demerits. Equity investments dilute your control of the business, but the distributions out of profits are not fixed and mandatory. Loans do not dilute the control, but they require fixed and periodic interest payments.
Preparing for a pitch on Shark Tank is similar to getting ready for an interview. The whole presentation comprises a Q&A session and a discussion of what the panellists want to know. However, covering all the required aspects can be tricky for an inexperienced entrepreneur.
I have listed and sufficiently explained the things that you must prepare for before appearing on the show. Knowing your business is the first but not the only thing to consider while preparing a pitch for Shark Tank. No generalized template is available for businesses to copy. Every business is different, and the relevant questions might change. The above-mentioned information provides just a guideline for not forgetting the important aspects.
Hi. I’m Daniyal Durrani. A CA-finalist, CPA-UK, and Master in Economics, with a decade-long business studies experience. I work as an Audit and Business Advisory Manager in a globally recognized accounting firm. I have been watching Shark Tank for a long time and have always admired the innovative business ideas. The revolutionary solutions to unaddressed day-to-day problems presented on the show used to impress me like no other thing on TV. Read more About me .
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Shark Tank Presentation Tips: Winning Shark Tank Pitch Elements
- By Judhajit Sen
- September 6, 2024
Since 2009, entrepreneurs have taken their ideas and products to the next level by appearing on ABC’s Shark Tank. Here, they present to a panel of seasoned investors, hoping to secure much-needed funding in exchange for equity. But what separates winning shark tank pitch examples from ones that fall flat?
Successful shark tank pitch templates share some common traits. According to a study of the first 495 shark tank pitch ideas , the pitches that secured deals were those where the entrepreneurs appeared credible, confident, and captivating. These shark tank sales pitch examples were interactive and entertaining, often featuring humor or an inspiring story. The product or business also needed to be relevant and the message powerful.
To succeed, your shark tank pitch format should answer two key questions: “Why should I care?” and “What’s in it for me?” This means clearly explaining why your business is worth the investor’s time or money. An effective shark tank proposal not only grabs attention but also makes a compelling case for why others should get involved.
Visual aids, such as a strong shark tank style presentation, are also crucial. A good shark tank presentation format helps illustrate your company’s mission, business plan, and financial info. Whether presenting on the show or to a local investor, having these elements in place can make all the difference.
Key Takeaways
- Know Your Audience: Tailor your shark tank pitch script example to the interests and backgrounds of your potential investors. Personalizing your PPT shows that you’ve done your homework and makes a stronger connection with potential investors.
- Be Confident and Engaging: The best shark tank pitch scripts are confident, interactive, and entertaining. Use humor or personal stories to captivate and connect with your audience.
- Understand Your Numbers: Be prepared to discuss key financial details, such as sales figures and business valuation. Knowing your numbers builds credibility and reassures investors about the viability of your business.
- Tell a Compelling Story: Incorporate a well-crafted narrative into your shark tank script. Stories make your presentation memorable, relatable, and emotionally engaging, which helps make a lasting impact.
Shark Tank Presentation Tips
Tailor Your Presentation
One key lesson from the hit show is to make your PPT personal. The most successful entrepreneurs are those who come prepared. They research the Sharks and learn specific details that help them tailor their pitch to their potential investors. This may sound simple, but it’s a mistake many presenters make — they don’t do their homework, and they don’t adjust their presentation to match the people in front of them.
We live in a world of personalization. Think about it: from the way we order our coffee to the content we see online, everything is customized to fit our needs and wants. So, do you really think a one-size-fits-all PPT will stand out in this kind of world?
Once you’ve done your research, you can start to personalize. This means changing your wording, approach, and examples to connect with your audience. Many entrepreneurs link their product or idea to the Sharks’ personal interests or mention past investments the investors have made, highlighting similar opportunities. These small touches show that you’ve done your research, want to connect, and aren’t just like everyone else.
Here are seven simple ways to personalize your presentation:
1. Customize your PPT title to connect with the potential investors.
2. Address your audience members by their first names to engage them.
3. Incorporate the audience’s name or logo on your slides.
4. Use examples or metaphors that your potential investors can relate to.
5. Speak their language using terms the audience would know.
6. Clearly describe the audience’s pain point so they know you understand.
7. Identify a common challenge and position yourself as their partner.
Sell Yourself
There’s a saying in sales and marketing: “You are not the message; you are the messenger.” But that’s not always true. Think about a time you dealt with a pushy car salesperson. Did the way they acted affect whether or not you wanted to buy? Absolutely.
This idea applies in many situations:
– Students buy into the teacher.
– Audiences buy into the presenter.
– Sharks buy into the entrepreneur.
On the show, the investors often say, “I love you, and I’d love to do business with you.” What they really mean is they’ve bought into the entrepreneur—this is the most important part of any pitch.
If you’re a door-to-door salesman who knocked on my door and I didn’t like or trust you, you’d never get a chance to talk about your product. The first thing you sell in any presentation is yourself.
So, what do people really buy? The truth is people do business with those they know, like, trust, and value.
If you’re presenting, selling, or leading, ask yourself:
– Am I likable?
– Do others relate to me?
– Am I arrogant?
– Am I trustworthy?
– Do I come across as genuinely caring, or self-centered?
– Do others see the value I offer?
– Am I someone people want to work with?
As a presenter, remember: the first thing you’re selling is you.
Have Your Numbers on Your Fingertips
When entrepreneurs step into the show, they often start with a business valuation in their shark tank presentation example: “I’m asking for $100,000 for 5% equity,” which means they believe their business is worth $2 million. Naturally, the investors want to know why the business is valued at that amount. They ask about sales figures, revenue, assets, profit margins, and projected growth.
Many hopefuls fail in the Tank because they can’t answer these questions — they simply don’t know their numbers.
The same goes for us when presenting. Whether you’re selling a product, pitching an idea, or sharing a vision, you need to know the key facts and figures that back up your claims.
We’ve talked before about the idea that people do business with those they know, like, trust, and value. To be seen as valuable, you need to bring knowledge and confidence to every PPT. People want to feel like they’re dealing with an expert, and expertise is something anyone can develop.
Here are a few tips to get started:
1. Think like your potential investors. Consider what questions they might have and prepare to answer them confidently.
2. Learn from experience. After each presentation, note the questions asked and how you handled them. Over time, you’ll have a guide to handle any question or objection.
3. Review your performance. Record your PPTs and watch them back. If you struggle with certain questions, practice until you’re ready for the next opportunity.
The entrepreneurs who enter the Tank and know their numbers are the ones who build confidence in the sharks — and secure the deals. Isn’t that what we all want?
Let Your Product Speak for Itself
When entrepreneurs step onto the show stage, they bring a wide range of ideas — from food and clothes to movies. One of the key ways they win over the sharks is by putting their product directly in the sharks’ hands.
When you’re presenting, and your potential investors can sample the product, something powerful happens. It turns a concept into a real experience, letting potential consumers connect with the product before they even make a purchase.
You’ve probably heard the saying, “The product sells itself.” Whether or not that’s true doesn’t matter if you don’t give the product a chance to shine. That’s why people love a test drive. They get to touch, taste, or try it themselves, and if they like it, they’re more likely to buy it.
So, when you present your product:
– If it’s something edible, let them try it.
– If it’s something to wear, let them put it on.
– If it’s an appliance or application, let them use it.
By putting the product in their hands, you greatly increase the chance they will buy. They aren’t buying on faith — they’re buying from experience.
Deliver a Compelling Narrative
People love stories, and great presenters are often great storytellers. Stories add context, stir emotions, and make your presentation memorable. While this post won’t cover every detail of how to tell a great story, it will explain why stories are valuable and why you should include them in every PPT you give.
Well-told stories do three key things: they make you relatable, emotional, and multidimensional.
Relatable: A good story helps you instantly connect with your audience, whether it’s a customer, a friend, or even a stranger. Think about why people love songs so much. Musicians tell stories through their lyrics that resonate with our emotions. For example, Garth Brooks’ “Unanswered Prayers” strikes a chord with many people. When you relate to someone, you feel connected. And in business, people want to feel that connection with the brands and individuals they engage with. The right story creates that relatable bond.
Emotional: While logic makes people think, emotion makes them act. When you touch your audience’s emotions, you motivate them to take action—whether it’s buying your product, supporting your idea, or even hiring you. Think of the last movie you watched. Every great film has that moment or character that tugs at your heartstrings. It could be a classic like Shawshank Redemption or a sports movie like Rudy. When you connect with people emotionally, you capture their attention.
Multidimensional: Without a story, you and your product might just blend in. A compelling story adds context, history, and relevance, making even the simplest things stand out. Stories give depth and color. All great brands tell a story, directly or indirectly. Take Nike, for example, with its “Be Like Mike” campaign. No one could play basketball like Michael Jordan just by wearing his shoes, but the story made people believe in that possibility. For a moment, those shoes represented more than just footwear—they represented a dream, a journey, and a connection that resonated with millions.
Stories add value to your presentation. If you want to make a lasting impact, tell a good story.
Elements of a Winning Shark Tank Pitch
A strong investor PPT should deliver all the essential details while making your business attractive to potential investors. Here are the key components to include:
Product Differentiation – What sets your business apart from others? Is your product more dependable, or do you provide better customer service? Explain why consumers would choose your business over a competitor’s.
Milestones – If your business is already operating, highlight any achievements. Have you gained any notable clients or met key revenue targets? Sharing past successes can show that your business concept works and that people are willing to pay for what you offer.
Consumer Persona – Who are your customers? Describe your ideal consumer, including demographics, location, and reasons they will buy from you. Also, address the size of your market and your expected market share.
Strategy – How will you attract new customers? This is the heart of your marketing plan. Explain your strategies to promote your business and draw consumers in.
Competitive Edge – Who are your competitors, and how are they doing? Discuss who else is in your space and how you plan to outperform them to capture market share.
Business Model – How will your business make money? Investors need to know how they will get a return on what they invest. Talk about your products, pricing strategy, and how you know what customers are willing to pay.
Forecast – Where do you expect your business to be financially in the next year, five years, and beyond? Provide best-case, moderate, and worst-case scenarios to show potential growth and profitability.
Fund Allocation – Clearly state how much funding you need and how you will use it. Be specific, as investors want to know how their money will help your business grow.
Wrap-up: Shark Tank Presentations
Crafting a winning pitch on the hit show involves several key elements. Successful entrepreneurs are those who appear credible, confident, and engaging. They make their PPTs interactive and entertaining, often incorporating humor or personal stories to connect with the potential investors. A strong pitch effectively answers why the business is valuable and what benefits it offers to investors.
Personalizing your presentation to match the interests and backgrounds of your potential investors can make a big difference. Knowing your numbers and showcasing your product effectively can build confidence and interest. Additionally, a compelling story can make your pitch memorable and relatable. Overall, a business pitch should clearly demonstrate your business’s value, differentiate it from competitors, and outline how investment will drive growth.
Frequently Asked Questions (FAQs)
1. What makes a successful Shark Tank PPT?
A successful pitch is credible, confident, and captivating. It should be interactive and entertaining, often using humor or personal stories to engage the Sharks. Clearly explaining why your business is valuable and what benefits it offers is crucial.
2. How important is personalization in a pitch?
Personalizing your pitch is essential. Tailor your PPT to the interests of your audience by doing research and adjusting your approach. This shows you’ve done your homework and helps create a connection with the Sharks.
3. Why is knowing your numbers critical?
Being knowledgeable about your numbers is key. Investors want detailed information about sales, revenue, and growth projections. Being prepared to answer these questions confidently can significantly impact your pitch’s success.
4. How can a compelling story enhance a pitch?
A good story makes your pitch memorable by making it relatable and emotional. Stories add depth and can help you connect with your potential investors, making your presentation stand out and resonate more.
Unlock Winning Shark Tank Presentations with Prezentium
Ready to make your investor pitch unforgettable? At Prezentium, we specialize in transforming your ideas into stunning PPTs that captivate investors. Our Overnight Presentations service ensures you have a polished pitch deck in your inbox by 9:30 a.m. PST the next day, perfect for those last-minute prep sessions. With our Accelerators, our team turns your concepts and notes into visually appealing, effective PPTs, including custom designs and templates tailored to impress. And for those looking to hone their presentation skills, Zenith Learning offers interactive workshops and training to help you deliver compelling narratives and ace your pitch.
Make your PPT stand out with Prezentium’s expertise. Contact us today to craft a pitch that not only answers the big questions but also leaves a lasting impression.
Why wait? Avail a complimentary 1-on-1 session with our presentation expert. See how other enterprise leaders are creating impactful presentations with us.
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How to Create a Perfect Shark Tank Pitch Deck
So, you have a brilliant business idea that you believe has the potential to make it big. Now, you're ready to take it to the next level and pitch it on the renowned Shark Tank show. But how do you ensure that you create a pitch deck that truly stands out and captures the attention of the esteemed panel of investors? We've got you covered! In this article, we will guide you through the process of creating a perfect Shark Tank pitch deck.
1. Start with a Compelling Opening Slide
The first impression is crucial, so begin your pitch deck with a powerful and captivating opening slide. Use a strong image or a catchy headline to immediately grab the attention of the investors. Remember, you only have a few seconds to make an impact, so make it count!
2. Clearly Define the Problem
Next, clearly define the problem your business solves. Use real-life examples or statistics to demonstrate the significance of the problem and why it needs to be addressed. This will help investors understand the market demand and potential for your solution.
3. Present a Unique Solution
Once you've established the problem, showcase your unique solution. Highlight the key features and benefits that make your product or service stand out from competitors. Use visuals and demonstrations if possible to help the investors visualize the value your solution brings.
4. Share Market Research and Potential
Investors want to know that there is a viable market for your business. Present thorough market research and demonstrate the potential for growth. Show that you have a deep understanding of your target audience, competitors, and market trends. This will give investors confidence in the scalability of your business.
5. Present a Solid Business Model
Outline your business model and be transparent about your revenue streams and cost structure. Show how you plan to monetize your solution and achieve profitability. The investors need to see that you have a sound plan for financial success.
6. Showcase Traction and Milestones
If you already have some traction, such as revenue, user growth, or strategic partnerships, highlight these achievements. Investors are more likely to invest in a business that has demonstrated progress and achieved significant milestones. Use graphs, charts, or testimonials to support your claims.
7. Team and Expertise
Investors not only invest in a product or service but also in the team behind it. Introduce your team members and showcase their qualifications and expertise. Investors want to see that you have a strong and capable team that can execute your business plan effectively.
8. Clear and Concise Financial Projections
Provide clear and concise financial projections that demonstrate the potential return on investment. Present realistic revenue projections, growth rates, and market share estimates. Be prepared to explain the key assumptions behind your projections.
9. Use a PowerPoint Generator AI for a Professional Look
To give your pitch deck a professional and visually appealing look, consider using a PowerPoint generator AI, such as ChatGPT. These AI-powered tools can help you create visually stunning slides with ease. With customizable templates and intuitive design features, you can save time and impress investors with a polished presentation.
Creating a perfect Shark Tank pitch deck requires a combination of compelling storytelling, thorough market research, and a strong emphasis on your team and financial projections. By following these nine steps and utilizing the power of AI-powered PowerPoint generators, you can maximize your chances of success. So, get ready to dive into the tank and make your business dreams come true!
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Posted on: Nov. 5, 2023, 12:42 p.m.
How to Create a Winning Shark Tank Pitch Deck?
Craft an irresistible pitch deck for a Shark Tank audition with our expert guide. Learn the secrets to making your startup stand out.
Welcome to PitchBob’s comprehensive guide on creating a winning Shark Tank pitch deck. If your dream is to take your startup to the next level and secure investment in the hit TV show Shark Tank , you’ve come to the right place. In this extensive guide, we’ll provide you with in-depth insights, step-by-step instructions, and expert tips to help you craft an irresistible pitch deck. By the end of this guide, you’ll be well-prepared to make your startup stand out in the Shark Tank audition. Let’s dive into the world of Shark Tank pitches and explore every aspect of how to make a shark tank pitch.
What is a Shark Tank?
Shark Tank, the globally renowned reality TV show, presents entrepreneurs with a golden opportunity to pitch their business ideas to a panel of savvy investors. With millions of viewers worldwide, the show has funded numerous applicants who’ve impressed the sharks with their innovative pitches. According to online statistics, the show continues to captivate audiences and change the lives of entrepreneurs. In this guide, we’ll take you on a journey through the steps of creating a compelling Shark Tank pitch deck, providing you with the knowledge and tools needed for a successful audition.
How to Apply for the Shark Tank Show?
Before you embark on the application process, it’s crucial to be well-prepared. Here are some important tips to consider before diving into the application process:
Important Preparation Tips
Know Your Numbers: Confidence is key when presenting your financials. Have a clear understanding of your revenue, costs, and projections. The more you know your numbers, the more confident you’ll appear to the investors.
Memorable Pitch: Create a pitch that’s not only engaging but memorable. Craft a narrative that resonates with the sharks, making them remember your story long after the pitch.
Unique Selling Proposition: Highlight what sets your business apart. The sharks are looking for unique and innovative ideas, so articulate what makes your business stand out.
Confidence is Key: Confidence in your pitch can go a long way in impressing the sharks. Practice your pitch to perfection, and rehearse it in front of a trusted audience for feedback.
Submit Your Application
Once you’re well-prepared, it’s time to submit your application. When submitting your application, you’ll need to provide essential information:
What You Need to Submit?
Business Plan: Develop a well-structured business plan that outlines your company’s mission, vision, and financial details. A robust business plan demonstrates your commitment and understanding of your business.
Pitch Video: Create a compelling pitch video to introduce yourself and your business. A well-produced video can leave a lasting impression on the sharks and make your application stand out.
Pitch Deck: Prepare a well-crafted pitch deck with essential slides to showcase your business. A visually engaging pitch deck can help convey your business’s potential effectively.
How to Create a Video?
A pitch video can be a game-changer in your Shark Tank application. Here’s what you need to know about creating a compelling video:
Tips for Creating a Compelling Pitch Video
Storytelling: Your video should tell a compelling story about your business journey. Make it personal and engaging, drawing the viewers into your entrepreneurial journey. Keep It Short and Sweet: Aim for a video that’s concise and gets your key points across. A shorter video is more likely to hold the viewers’ attention.
Professionalism: Ensure the video looks and sounds professional. Clarity and quality matter in leaving a lasting impression on the sharks and viewers.
Create a Pitch Deck for Shark Tank
Your pitch deck is the heart of your Shark Tank presentation. It’s the visual tool that will help you communicate your business effectively to the sharks. Your pitch deck is the visual story of your business. It is the tool that conveys the essence of your startup to the sharks and captures their attention.
For a more in-depth understanding of each slide’s content, we recommend diving into our Pitch Deck Outline 101 . This comprehensive resource breaks down each slide’s content, providing detailed insights and guidelines to help you create a compelling pitch deck tailored for Shark Tank.
General Tips to Create a Pitch Deck for Shark Tank
In addition to the structure and content of your pitch deck, here are some general tips to ensure your presentation stands out:
Visuals Matter: Use high-quality visuals and graphics. Ensure your slides are visually appealing and enhance the story you’re telling.
Simplicity: Keep your slides clean and uncluttered. Avoid overwhelming the audience with excessive information. Simplicity ensures clarity.
Practice: Practice your pitch multiple times to become comfortable and confident. Rehearse in front of a trusted audience for feedback, refining your delivery with each practice session.
Be Authentic: Be yourself and let your passion for your business shine through. Authenticity can be a powerful asset, as it conveys your genuine commitment and enthusiasm.
Common Mistakes to Avoid
To increase your chances of success on Shark Tank, it’s essential to avoid common mistakes that can deter investors. Here are some mistakes to steer clear of:
Lack of Preparation: Inadequate knowledge of your business and numbers can be a deal-breaker. Prepare thoroughly by researching your industry, competition, and financials.
Overcomplicated Pitch: Keep your pitch straightforward and avoid unnecessary jargon. Clarity is key, as overly complex explanations can confuse and deter investors.
Lack of Clarity: Ensure that your pitch is easy to understand. Avoid vague or complex explanations, and use language that anyone can grasp.
Not Knowing Your Numbers: Investors want to see that you have a clear and well-thought-out financial plan. Be ready to answer questions about your financials with confidence and clarity.
How PitchBob Can Help to Create a Winning Pitch Deck for Investors?
PitchBob offers two powerful tools to assist you in creating a compelling pitch deck:
PitchBob’s Tools
Ai Pitch Deck Generator: If you don’t have a pitch deck yet, our AI-powered pitch deck generator can help you create one from scratch. It simplifies the process by providing templates and suggestions based on your business, helping you create a polished and professional pitch deck tailored to your business’s needs.
Ai Pitch Deck Improve Tool: If you already have a pitch deck but want to enhance its impact, our pitch deck improvement tool can help. It offers suggestions for refining your existing pitch deck, making it more persuasive and investor-friendly. With this tool, you can take your existing pitch deck to the next level, ensuring it aligns with best practices for captivating investors.
In the exhilarating world of Shark Tank, the path to success begins with a compelling pitch deck. This guide has equipped you with the knowledge, tips, and tools you need to know for how to make a good shark tank pitch that captivates the sharks and secures the investment your startup deserves.
Securing investment on Shark Tank is not merely about financial backing; it’s about turning your entrepreneurial dreams into reality and gaining the support of experienced investors who can help you reach new heights.
So, go ahead, craft that exceptional pitch deck, and venture into the tank with confidence. Your journey is about to become a remarkable chapter in your entrepreneurial story. Best of luck on your path to success in the world of Shark Tank!
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Shark Tank Pitch Template in Google Slides
Even though it‘s quite a big online hoax, it‘s amazing for publicity. Your product could go from nothing to billions by just showing it on Shark Tank. Yet, in order to go there and eventually land an offer, you‘ll need to prepare a perfect pitch, and for that, I created this Shark Tank pitch template.
Before you see this, who am I?
It‘s an essential question if you ask me. You need to know who is creating your templates and their experience accordingly. The name is Al Anany, an entrepreneurship consultant in Zurich. I write on Medium , and shoot videos on Youtube . I‘m based in Zurich with my own startup founded here, Albusi.
I‘ve been in this business world for over ten years, and worked with clients who raised more than $120 million. Now let‘s talk about this Shark Tank pitch template.
Firstly, this is an RCT (Real Content Template)
In case you don‘t know what that is, an RCT is a merger between a beautiful design and an actual business document. We design documents in-house, then with the support of our business consultants and AI, start constructing real content templates that you could modify and use instantly.
Download the Shark Tank Pitch Template
If there‘s one thing I hate about many websites is the teasing. Sometimes I just want to say, “Where‘s the file?!“
Hence, here it is:
Shark Tank Pitch Template Guide
Preface — shark tank is a show..
The first thing you always need to remember is that whatever‘s done on Shark Tank is for the views. This is crucial to remember and pinpoint. Yes, it has some successful businessmen like Mark Cuban. However, it‘s all a stunt. Many deals that are pitched online eventually don‘t go through. Additionally, the more I research the more I notice that there isn‘t a single successful pitch that worked out on Shark Tank.
There‘s only one success story and it was because of the views, not the show. That story is about Ring, the company that later on got sold to Amazon.
Pitch Slide 1 — The Cover Page.
Many of the pitches on Shark Tank don‘t even include a PowerPoint. The reason for that is that they have extremely limited time when they‘re pitching. Hence, if you have a product that is selling like crazy, you only need to focus on a cover page, and the traction slide.
If not, then here are additional slides you need to consider.
Pitch Slides 2 & 3 — Problem and Solution
This is usually scripted. You ought to tell the judges what the problem is as your first sentence when you pitch. Then showcase your solution. Whether that‘s with a template or not is up to you and highly depends on your product.
Pitch Slide 4 — Traction for Shark Tank
This is the most essential slide that you need to memorize and showcase.
Pitch Slide 5 — Team
They‘ll ask the question of who‘s working with you. So you might as well answer it in advance.
Pitch Slide 6 — Investment Ask from Shark Tank
Cut to the chase. Tell them how much you‘re asking for and the equity or options you are providing for such an amount.
Extra Slide — Market Opportunity
In some cases, judges like Mark Cuban could ask about the market you are targeting. They might be looking for some numbers. In that case, you‘ll need to showcase these slides.
Meet The Author Of This Article
I’m Al Anany , the founder and CEO of Albusi.
I’ve pitched and helped pitch. This puts me in the perspective to be able to aid you as much as possible!
- [email protected]
- 877-307-7403
Five Presentation Tips From Shark Tank
My favorite show on TV is Shark Tank. If you haven’t ever seen it – it is a reality TV show where hopeful entrepreneurs pitch their business/product ideas to millionaire and billionaire investors – inviting them to invest in their companies with their own money. These investors include Mark Cuban (Owner of the Dallas Mavericks), Daymond John (Creator of FUBU) and others.
I am an entrepreneur at heart. I love seeing innovative ideas and people who are creating something from scratch. I love the sacrifice and the passion. I love the negotiations and the valuation process of a pitch.
But the thing that I love the most about Shark Tank is what we can learn about giving presentations from the entrepreneur’s presentations.
When I was in High School I competed in an entrepreneurship competition against 10,000 other kids. In the competition we had to conceive of a business, write a business plan and then present it to judges who were acting as venture capitalists, trying to convince them to invest in our business. It was a high school, non-TV version of Shark Tank. Over the course of several months and many pitches to judges – I ended up taking second in the competition.
Then at age 21, I started a business in direct sales with my brother Scott. Over the last 10 years I have presented (pitched) our products and opportunity to tens of thousands of people and we have built a very successful business. (Our business does over $20 million in annual revenue)
So what is my point in sharing this background? I know what it feels like to be in the tank – to give the pitch. And now as the author of The Power of Storytelling, I work with sales professionals, speakers, executives and politicians to help them hone their presentation skills.
There are Five Presentation Tips From Shark Tank that I want to share that will help you take your presentations to the next level. They are:
1. Personalize Your Presentation 2. People Buy You 3. Know Your Numbers 4. Samples Sell 5. Tell A Good Story
The first take-away from Shark Tank is to personalize your presentation. The entrepreneurs who are most successful are the ones who go into the presentation having already done their homework. They have researched the sharks and know specific information that allows them to personalize the presentation to those receiving it. This may sound like a basic concept but it is a common mistake that most presenters make. They don’t do their research before and they don’t tailor their presentation to who is in front of them.
We live in a world of personalization. Think about it. Our world today is customized to individual needs/wants. When you go to Starbucks you can get your coffee anyway that you want it. (I’d like to have a Venti, sugar-free, non-fat, vanilla soy, double shot, decaf, no foam, extra hot, Peppermint White Chocolate Mocha with light whip and extra syrup…Please.”)
Here are a few other things you can customize: Your shoes at www.converse.com Your car (mustang) at www.ford.com/cars/mustang/customizer Your clothing at https://www.customizedgirl.com Your computer https://www.shopping.hp.com
So do you think a canned presentation is going to move your prospect forward in a customized world?
I would suggest that you take a look at The Mackay 66. https://www.harveymackay.com/pdfs/mackay66.pdf This is a questionnaire that was developed by my good friend Harvey Mackay. Harvey is the bestselling author of Swim With The Sharks Without Being Eaten Alive.. It is an incredibly thorough questionnaire that is designed for a sales person to learn all they can about the prospect before meeting with them. I don’t think you need to know everything on the Mackay 66 – but it wouldn’t hurt you if you did.
Once you do your research – you are in a position to personalize. When you personalize a presentation you change the wording, approach and examples so that it speaks to your audience. Many of the entrepreneurs on Shark Tank will tie their product or idea to the personal interests of the Sharks or they will reference past investments the Sharks have made and point out the similar opportunities. These little pieces of personalization go a long ways because they show that you did your research, that you want to connect and work with them, and that you aren’t just like everyone else.
Here are 7 Simple Ways You Can Personalize Your Presentation: 1. Change the title of your presentation to fit your audience 2. Use first names of audience members to draw them into the presentation 3. Add the audience name or logo onto your slides 4. Use an example or metaphor that the prospect will relate to 5. Use insider language that shows the audience you speak their language 6. Vividly describe the audience’s problem so they know you understand 7. Reveal the mutual enemy (put yourself as a partner in us vs the world)
Tip #1 from Shark Tank – Personalize Every Presentation. -Remember, as a presenter – it is all about the audience.
The second tip from Shark Tank is that People Buy You.
There is a familiar adage in sales and marketing that says, “You are not the message, you are the messenger.” I couldn’t disagree more.
Have you ever been to a used car lot and been hounded by a slimy, annoying used car salesman? You can’t tell me that the salesman doesn’t affect the sale. This principle is true across the board. -The students buy the teacher first. -The audience buys the presenter first. -The shark buys the entrepreneur first.
So let’s change the adage – “You are the first message people buy and you are the messenger.”
On Shark Tank you will often hear the sharks say, “I love you and I would love to do business with you…” What are they saying? They are saying that they have bought into the entrepreneur, which is the most important part of the pitch.
I recently spoke for a company who sells products door to door. As I spoke to their sales team I emphasized this point buy personalizing. I said, “If you knocked on my door and I didn’t like you or trust you – you wouldn’t ever get a chance to tell me about your product. So the first thing we sell in any presentation is our self.”
So what do people buy? There is another familiar adage – “People do business with people they know, like and trust.” I disagree with this as well. It isn’t necessarily wrong – but it is incomplete. The truth is people do business with people they know, like, trust and VALUE.
That is what people buy. So if we are presenting, selling, leading or teaching – we should ask the following questions: – Do people like me? – Do I connect well with others? – Do people find me arrogant? – Do people trust me? – Do people sense that I only care about myself or do I show genuine care? – Do others see the value I can provide? – Am I someone people want to partner with?
As a presenter – we need to recognize that the first thing we sell is us.
Presentation Tip #2 from Shark Tank – People Buy You.
The third tip is to – Know Your Numbers.
As hopeful entrepreneurs present to the sharks they present a valuation on their business. They say, “I’m asking for $100,000 for 10% equity in my business.” – which would be a $1,000,000 valuation.
It is only logical that the sharks would want to know why the business is worth $1,000,000. So they ask about the sales (both units and revenue). They want to know what assets the company has, what margin they are operating on and what projected sales and growth will be.
Many entrepreneurs enter the Shark Tank and get shot down because they can’t answer these questions. In other words they Don’t Know Their Numbers.
As you and I give presentations, we too need to know our numbers. If we are selling a product, pitching an idea, or casting a vision – it is important that we know the important and pertinent facts and figures.
In the second post (People Buy You) we discussed the idea that people do business with people they know, like, trust and Value. To be a person of value we need to bring a knowledge base and confidence to each and every presentation.
The truth is people want to feel as if they are doing business with an expert. The great part for you and me is that expertise and knowledge is something anyone can develop.
That doesn’t mean that you have to wait until you are an expert to get started, but I will make a couple suggestions:
1. Look at your presentation from the viewpoint of the audience and see what questions come to mind. Make sure you are prepared to answer all of the perceived questions with confidence. 2. After every presentation, make note of the questions that were asked and how you handled them. After a handful of presentations, you will have a journal of every possible objection or question you will ever face. 3. Record your presentations and go back and study them. If you don’t handle certain questions well, practice and be ready the next time around.
The entrepreneurs who enter the Shark Tank and know their numbers are the entrepreneurs who breed confidence in the Sharks and because of that confidence, they get their deal and take on quality partners.
Isn’t that what we all want?
Tip # 4 – Samples Sell
As entrepreneurs enter the Shark Tank, they present a multitude of ideas. Their products range from food to clothing to movies. And one of the ways that the entrepreneurs seem to win over the sharks is by putting the product in their hands.
When you are presenting and you can sample the product, it does something magical. It makes the abstract tangible and gives the prospect an experience with the product before they even buy.
You have probably heard the saying – “The product sells itself.”
Whether that is true or not, the saying is irrelevant if you don’t give the product and opportunity to sell itself. That is why people love a test drive. They can touch it, taste it, and experience it for themselves and if they have a positive experience – they want more.
So as you present your product:
– If it is something you can eat or drink – let them taste it. – If it is something they wear – let them try it on. – If it is something they can watch – show a sample. – If it is something they can try – let them take a test drive.
When you put it in their hands, you increase the likelihood that they will buy dramatically. It is no longer buying based on faith – they have experienced the product and they know.
Remember Presentation Tip #4 from Shark Tank – Samples Sell. Turn your presentation into an experience.
Tip #5 – Tell A Good Story People love stories and great presenters are great storytellers. Their stories add context, drive emotion and make your presentation memorable. In this post I am not going to dive into all the aspect of how to tell a great story. If you want to learn the skill of storytelling – I would encourage you to pick up a copy of The Power of storytelling. This post is going to talk about why stories add value and why you should make them part of every presentation you give.
Stories that are told well do three things for you and your products. They make you relatable, emotional, and multidimensional.
Relatable: Being able to tell a story instantly connects you with the customer, whether it’s a real customer, your kid—whoever is on the other side of your story needs to connect with you. Ever wonder why we love musicians so much? The story in their song is so powerful that it moves your emotions. They sing to you, or about an experience that you can relate to. Garth Brooks sang a song called “Unanswered Prayers”—I think we can all relate to that message. And when you relate to someone, you feel that connection. People want to feel as though they connect with and understand the people and brands they do business with. The right story is that relatable connection.
Emotional: Logic may make you think, but emotions make you act. When you are able to engage the emotion of a listener, you can cause them to take action. If you want them to buy your product, adopt your ideas, or even hire you: appeal to their emotions. When was the last time you went to a movie? Every good movie has that moment or character that pulls at your emotional heartstrings. It can be a classic like Shawshank Redemption or a sports movie like Rudy. You move someone emotionally and you have them hooked.
Multidimensional: Without a story, you and your product just blend in with others. Compelling stories add context, history and relevancy to you and your products. They can make even the most mediocre things stand out and be seen in a different light. Stories add vibrancy and depth. There’s an exact science to a brand and all good brands tell a story whether directly or indirectly. Nike is a great example of this. Remember the “Be Like Mike” campaigns. In no universe could any of us play basketball like Michael Jordan just by wearing his shoes—but those commercials made you think, made you act and for just a moment when you put those shoes on, the story of this kid who was cut from his high school basketball team resonated with millions of people across America—and billions of dollars have been spent on the shoes because of the story.
Stories add value to you and your presentation. If you want to hit a home run – tell a good story.
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Sir your simply great this article is very helpful for me… Thank you
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How to Win on Shark Tank
Shark Tank is a critically acclaimed business pitch show on which aspiring entrepreneurs present their business ideas to a panel of wealthy investors, known as “Sharks,” in hopes of securing funding. A successful pitch in this high-pressure environment requires more than a good idea. It demands a strategic, well-structured presentation that covers all bases, from product validation to market potential.
Let’s dissect the anatomy of a winning Shark Tank pitch.
Product Validation: The Foundation of a Winning Pitch
A successful pitch starts with a great product or service that addresses a real market need. Before stepping onto the stage, ensure your product or service is innovative and has proven demand. Demonstrated sales, customer feedback, and market traction are pivotal. This evidence shows the Sharks that your business is viable and scalable.
Crafting a Compelling and Concise Pitch
Your pitch should succinctly convey the essence of your idea. In about three to five minutes, you need to cover the critical aspects of your business: what your product or service is, the problem it solves, how it stands out in the market, and its financial viability. A well-crafted pitch tells a story that is clear and simple but also compelling and persuasive, making the Sharks hungry to learn more.
Mastery of Numbers and Realistic Valuation
A deep understanding of your business’s financials and business model math is crucial. Be prepared to discuss sales figures, profit margins, costs, and your company’s valuation with precision. Avoid overvaluing your business, as this is a common pitfall that can turn off potential investors. Your ability to present and justify these numbers can make or break the deal.
Demonstrating Traction and Growth Potential
… the potential for substantial growth.
Showcasing your business’s traction through sales, customer base, and market presence can significantly strengthen your pitch. The Sharks are looking for companies that not only have a solid foundation but also have the potential for substantial growth. Outline your plans for scaling the business and how the investment will aid in achieving these goals.
Passion and Engagement
The delivery of your pitch is as important as its content. Demonstrating passion, confidence, and engagement can significantly influence the Sharks’ perception of you and your business. An enthusiastic entrepreneur who believes in their business can inspire confidence in potential investors.
Highlighting Your Unique Selling Proposition (USP)
What makes your business stand out from the competition? Your pitch should clearly define your USP, showcasing why your product or service is superior or unique. Whether it’s a patented technology, a novel business model, or an untapped market, highlighting your USP is crucial in convincing the Sharks of your competitive edge.
The Critical Specifics: What Sharks Want to See Before Investing
Valuation: Getting the Price Right
Investors start with the business’s valuation. They examine the implied multiple of sales or earnings compared to the overall valuation. The goal is to ensure that the price tag on your business is reasonable and justified, not overly inflated based on unsubstantiated future promises. Entrepreneurs must be prepared to defend their valuation with solid numbers and realistic projections.
Business Model: How You Make Money
Entrepreneurs must clearly communicate what they sell, to whom, at what price, through which channels, against identified competitors. Finally, all of this must clearly equate to why customers choose you.
Revenue: The Growth Trajectory
… direct reflections of a business’s health …
One of the most direct reflections of a business’s health is its sales figures. Investors look at current and projected figures to gauge financial performance and growth potential. They are particularly interested in seeing a trajectory that suggests scalability and growing market demand for your products.
Profit Margins: Efficiency and Sustainability
Profitability isn’t just about bringing in revenue; it’s about how much of that revenue turns into profit. High profit margins indicate a business’s efficiency and long-term viability, suggesting that the company can manage costs effectively while maximizing revenue.
At a minimum, the Sharks want to know:
- Revenue: The overall sales of the business
- Gross Profit: The revenue generated after deducting the cost of goods sold (COGS)
- Net Profit: The overall profitability of the business
- Gross Margin: The percentage of revenue that is gross profit
- Net Profit Margin: The percentage of revenue, after all expenses, that is profit
- EBITDA Margin: The percentage of revenue that is earnings before interest, taxes, depreciation, and amortization
The Sharks are keen on understanding how these numbers have changed over the past 3-5 years and how your profitability scales as the business grows.
If we turn to the balance sheet, the Sharks will also be curious about:
- Free cash flow: The amount of cash the business generates after accounting for operating expenses and capital expenditures
- Assets: The total value of the business’s assets, which shows the resources it has to operate
- Liabilities: The total amount the business owes (and to whom), which indicates financial obligations, leverage and risk
- Equity: The net worth of the business, calculated as assets minus liabilities
Sharks prefer a business that has a strong balance sheet with low debt, positive cash flow, and sufficient assets to fund operations and growth. During the show, Sharks do not spend as much time on the balance sheet compared to metrics like revenue, profit, and margins, but they still carefully review it to assess the business’s risk. Beyond this, Sharks will be very intrigued to know how much capital you have raised previously and from what sources.
Customer Metrics: AOV, CAC, CLV, and more
Understanding the dynamics of Customer Acquisition Cost (CAC) and Customer Lifetime Value (CLV) is essential for demonstrating a sustainable business model to investors. They are interested in seeing that your business acquires customers efficiently and that these customers provide significant value over their lifetime. A favourable CLV to CAC ratio strongly indicates business sustainability. In e-commerce, metrics such as Average Order Value (AOV) and Returning Customer Rate (RCR) offer insights into customer behaviour and spending patterns. A high AOV suggests effective upselling strategies, while a strong returning customer rate points to successful customer retention—both critical for profitability. Refund and product return rates are also crucial, impacting overall profitability and customer satisfaction.
Exit Strategy: The Investor’s Endgame
Shark Tank investors aren’t just giving away money—they’re looking for a return on their investment. That’s why they inquire about the entrepreneur’s exit strategy, such as plans for an acquisition or an IPO. This helps them assess the potential for substantial investor returns.
Use of Funds: Strategic Allocation
… how you plan to use their money.
Investors need to know how you plan to use their money. Detailing how the investment will be used to drive growth and meet specific, measurable goals is critical. Whether it’s expanding marketing efforts, hiring key staff, or developing new products, investors want assurances that their capital will be used effectively.
Intellectual Property: Securing a Competitive Edge
Strong intellectual property, such as patents and trademarks, can significantly enhance a company’s attractiveness by providing competitive advantages and long-term defensibility. Investors look for unique elements that protect the business from competitors and secure its market position.
A Real Life Example
What made their pitch so compelling?
Preparation
- The founders, Jim and Sabin, had watched every previous season of Shark Tank to study what worked and what didn’t.
- They practiced their pitch hundreds of times to ensure they memorized every detail and answer. This level of preparation allowed them to deliver a flawless, confident performance.
- They anticipated potential questions and objections from the investors and prepared thorough responses ahead of time. This made them appear poised and in control during the pitch.
Business Concept
- The idea of a food truck selling authentic Maine lobster was simple yet compelling. It addressed an unmet demand for high-quality, affordable lobster.
- They could clearly articulate the problem they were solving (lack of accessible, fresh lobster) and the large market opportunity, both nationally and internationally.
- Their business model of franchising the food trucks was scalable and had strong profit margins, making it an attractive investment opportunity.
Presentation Style
- Jim and Sabin’s natural charisma and enthusiasm were infectious. They were high-energy, engaging, and made great eye contact with the investors.
- Their passion for the business and belief in its potential shone through, making the investors excited about being part of it.
- They answered every question directly and confidently, demonstrating their deep expertise and leaving no doubts in the investors’ minds.
- One Shark described them as “genuine, rock solid, and having perfect answers,” highlighting their poise and credibility.
Overall, the Cousins Maine Lobster pitch succeeded because the founders combined meticulous preparation, a strong business concept, and an exceptional presentation style to create a genuinely standout pitch that captivated the Sharks and led to a successful investment deal. But a winning Shark Tank pitch is more than just selling a product or service; it’s about selling a vision. It requires a balanced combination of a validated product, a compelling narrative, financial acumen, demonstrated traction, passionate delivery, and a clear competitive advantage. By meticulously preparing and presenting a pitch that addresses these essential elements, you dramatically increase your chances of capturing the Sharks’ interest and securing the investment you seek.
Want to know what goes into the perfect elevator pitch? Check this out: The Best Elevator Pitch Examples, Templates, and Tactics
About Kurian Tharakan
Kurian Mathew Tharakan is the founder of sales and marketing strategy firm StrategyPeak Sales & Marketing Advisors, a 27 year veteran of the sales and marketing industry, and the author of the Amazon bestseller, The Seven Essential Stories Charismatic Leaders Tell. He has consulted for companies in numerous sectors, including Retail, Professional Services, Manufacturing, Distribution, High Technology, Software, Non-Profit, and Life Sciences. In addition to his consulting practice, he has also been an Executive in Residence at the business accelerators TEC Edmonton and NABI where he has assisted clients with their go-to-market strategy. Prior to StrategyPeak, Mr. Tharakan was a vice president of sales & marketing for an Alberta-based software firm where his team achieved notable wins with several members of the US Fortune 500.
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How to Prepare for a Shark Tank Pitch: Lessons from Successful Entrepreneurs
Are you an entrepreneur dreaming of scoring a deal with a Shark on Shark Tank? The pressure can be overwhelming, but with the right preparation, you can confidently pitch your business idea and come out on top.
In this article, we’ll explore practical tips and advice from successful Shark Tank veterans on how to prepare for a Shark Tank pitch and increase your chances of success.
Whether you’re a first-time founder or a seasoned entrepreneur, these strategies will help you make the most of your once-in-a-lifetime opportunity.
Preparing for a Shark Tank pitch can be an intense and nerve-wracking process, but by following the lessons learned from successful entrepreneurs, you can increase your chances of success. Here are some tips to help you prepare for your Shark Tank pitch:
“Swimming with Sharks: A Guide to Preparing for the Ultimate Pitch on Shark Tank”
Practice your pitch:
Before appearing on Shark Tank, it’s crucial to practice your pitch extensively. This means rehearsing in front of a mirror, recording yourself, and practicing in front of friends or family members to get feedback.
Know your numbers:
Investors on Shark Tank will want to see that you understand your business and know your numbers inside and out. Be prepared to discuss your profit margins, revenue projections, and other financial metrics in detail.
Highlight your unique selling proposition:
Your pitch should clearly articulate what makes your business unique and different from competitors in your industry. This could be your product, your business model, or your marketing strategy.
Be prepared to negotiate:
Sharks are known for being tough negotiators, so be prepared to negotiate on the spot. Know your bottom line, but also be willing to compromise and work with the Sharks to come to a mutually beneficial agreement.
Build relationships:
The Sharks invest in people as much as they invest in businesses. Be personable, genuine, and build rapport with the Sharks to increase your chances of getting a deal.
Have a plan for the future:
Investors want to see that you have a solid plan for the future of your business. Be prepared to discuss your long-term goals, growth strategy, and how you plan to use the investment to take your business to the next level.
In conclusion, preparing for a Shark Tank pitch takes a lot of hard work, practice, and research. By following the lessons learned from successful entrepreneurs who have appeared on the show, you can increase your chances of success and secure the funding you need to take your business to the next level.
Shark Tank pitch script example:
Here’s an example of a Shark Tank pitch script:
Hello Sharks, my name is [Name] and I am the founder of [Company Name]. Today, I am seeking [Amount] in exchange for [Percentage] of my company.
The problem that we are solving is [State the problem]. [Share statistics or anecdotes to demonstrate the size and scope of the problem].
Our solution is [Describe your product or service and how it solves the problem]. [Provide evidence or data to support the effectiveness of your solution].
Our target market is [Describe your target customer and how you will reach them]. [Share any market research or customer feedback to demonstrate demand].
Our main competitors are [Name competitors and their products]. [Differentiate your product from competitors and explain why your product is superior].
To date, we have generated [Revenue or Sales] and [Profit or Loss]. [Share your financial projections and growth strategy]. We plan to use the funding for [Specific use of funds].
So, Sharks, who’s ready to join me in revolutionizing the [Industry/Market] and take [Company Name] to the next level?
Thank you for your time and consideration.
What makes a Shark Tank pitch successful?
A successful Shark Tank pitch requires more than just a great idea. Successful pitches are those that captivate the Sharks’ attention, clearly explain the problem the product solves, showcase the product’s unique value proposition, and present a clear plan for how the Sharks’ investment will be used to achieve growth and profitability.
It is also important for the pitch to demonstrate the entrepreneur’s passion, dedication, and ability to execute the plan. Effective communication, strong negotiation skills, and a willingness to be flexible and open to feedback are also essential components of a successful Shark Tank pitch.
Can you pitch just an idea to Shark Tank?
It is possible to pitch just an idea to Shark Tank, but it is generally more difficult to do so than to pitch a product or service that is already developed or in the early stages of development.
The Sharks on the show are typically more interested in investing in businesses that have some traction, whether that means a proven track record of sales, a significant social media following, or a strong team with relevant experience.
That being said, if an idea is particularly innovative or disruptive, it may still catch the attention of the Sharks and lead to a successful pitch.
How long should a Shark Tank pitch be?
A Shark Tank pitch typically lasts about 90 seconds to 2 minutes, although in some cases, it may be longer or shorter depending on the complexity of the product or idea being presented.
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How hard is it to get on Shark Tank?
It can be very difficult to get on Shark Tank as a contestant, as the show receives thousands of applications every year and only a select few are chosen to appear on the show.
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SWIMMING WITH SHARKS: Founders who made it on 'Shark Tank' reveal winning pitches, tips to negotiate money-making deals, and how they've used the spotlight to their advantage
As season 11 of the popular series "Shark Tank" wraps up, we've rounded up stories covering past participants that show key lessons and advice from the successful businesses that have appeared on the ABC show.
Check out these stories to hear how they prepared their pitches, negotiated their deals, and used the experience in the spotlight to their advantage.
Subscribe to BI Prime to read them all.
Meet one of the guest judges: Katrina Lake explains how a Harvard MBA fit into her decision to become an entrepreneur — and how she founded a personal-styling company worth $1.9 billion
Landing one of Kevin "Mr. Wonderful" O'Leary's top five deals of all time: Married founders reveal the strategy that got them on 'Shark Tank' — and how their winning deal helped their startup expand nationwide
Raising funds after getting a "Yes": This 9-slide pitch deck helped a cookie startup that competed on 'Shark Tank' close a seed round while bringing in $1.4 million last year
See the deck used by a nutritious coffee drink startup: 3 brothers used this deck to pitch their healthy energy drink on 'Shark Tank.' 8 months later, the company was worth $50 million.
Getting your head — and heart — ready for the spotlight: The founders of a cookie startup used a rehearsal trick from Beyoncé to conquer their nerves before going on 'Shark Tank' — and won $300,000 from Alex Rodriguez
Building a win out of a "No": Entrepreneurs who launched their $50 million company in a dorm room say the biggest benefits of going on 'Shark Tank' had nothing to do with money
Holding out for a bigger shark: A startup founder who built a mock set in his backyard to practice his 'Shark Tank' pitch ultimately turned down a Shark's offer — and Amazon later acquired his company for $1 billion
Turning adversity to your advantage: An entrepreneur who landed a $250,000 offer on 'Shark Tank' was thrilled when a Shark said her company 'sucks' and questioned its valuation
Entering the Tank for more than just money: People think startup founders go on 'Shark Tank' for big-name investors and a pile of cash, but entrepreneurs who have done it say that's not really the point
Knowing what is the right deal for your business: A startup founder who turned down $100,000 for his 3-month-old startup on 'Shark Tank' says he doesn't regret it one bit
From drawing a mental blank to landing a deal: A 'Shark Tank' entrepreneur who panicked and forgot her own name during rehearsals stayed up all night practicing her pitch for 12 hours, and ultimately landed a $250,000 offer
Using the "memory palace" method to nail your pitch: An entrepreneur who went on 'Shark Tank' to pitch his 3-month-old startup in front of a national audience relied on an unusual memory technique to avoid panicking and forgetting his script
Anticipating every curve ball: 'Shark Tank' founders who were called 'sock cockroaches' on national TV prepared answers to about 300 questions before they even appeared on the show — and they landed a $200,000 deal
How to become impervious to distractions: Startup founders who landed a $55,000 deal on 'Shark Tank' rehearsed their pitch while running, dodging a hair dryer, and even punching each other in the face
When you almost miss the boat: 'What the hell were we thinking?': Startup founders who landed a $55,000 deal on 'Shark Tank' nearly missed their big break
Making the case for why you are the right person: Startup founders who convinced 'Shark Tank' sharks like Mark Cuban to invest say too many entrepreneurs overlook a crucial element of a winning pitch
Remember that it's still a reality TV show: The 'Shark Tank' founders who were called 'sock cockroaches' on national TV before landing a $200,000 deal have become one of the show's biggest success stories
Know that your investors are your equals: The founders of a 'Shark Tank' success relied on a key piece of business-school advice to stay calm during the pitch that won them $100,000
When things start to feel a little too real: 'Shark Tank' entrepreneurs who won $100,000 decided to audition the night before casting, waited 7 hours in line, and typed out their answers to every question ever asked on the show
Trusting your gut: When the founders of dating app Coffee Meets Bagel turned down Mark Cuban's $30 million offer on 'Shark Tank' 3 years ago, they got dozens of emails calling them 'crazy,' 'greedy,' and 'stupid' — but they still aren't sorry
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Transcript: We will be working with white-out to create our product. Our Rainbow Fix-it will be sold in a pack of 3 different colors for $5.25. We will have 3 different packs: The primary pack, the secondary pack, and the special selection. - There is already a mistake-corrector, but it only works on white paper. Now with our colored "white-out" you can fix mistakes on all colors of paper. -Our competition: White-out -Our target audience is teachers, students, business people, etc. / We will base price off of how much it costs to produce the product. We will gain about $2.10 per 3-pack in profit. Business Type: Office supply and crafts We created this product to help everyone who makes mistakes on colored paper Let your mistakes be forgotten... WITH RAINBOW FIX-IT! Rainbow Fix-it! Thank you for listening! :) Let your mistakes be forgotten... WITH RAINBOW FIX-IT "Mistakes can be fixed, somewhere over the rainbow." Our Motto Based on our business, challenges we have faced are... -Trying not to copy previously made products. -Trying not to give up when the product wasn't working in the beginning. Business Philosophy: "We want to help you forget your mistakes." Resources used: White-out and dye/paint Keys to success: -Creating a relatable product that would be applicable to all. - Keeping it simple. A benefit of our business is that we have a larger target audience, so there is a higher likelihood of our product being purchased. Created by : Jordan Hammonds, Lauren Zimmermann, and MaryEllen Gozzo
Transcript: Bluetooth Hotspockt Speacker By Morgan Kress, Meghan Butte, and Michelle Ho What lead us to the creation of our product? What lead us to the creation of our product? At some point, everyone gets so frustrated with their devices because they don't have wifi, they can't hear anything and trying to find the perfect speaker that is loud enough to play the music so everyone that can enjoy! That is why we decided to create the first ever bluetooth hotspocket speaker. Now what is the Bluetooth Hotspocket speaker What is the Bluetooth Hot-spocket Speaker The Bluetooth Hotspocket Speaker is a popsock... The Bluetooth Hotspocket Speaker is a popsocket with a built-in hotspot and bluetooth speaker. It is designed to let everyone hear what you are playing, and have a great wireless conection. What is the price and quality ? What is the price and quality? The price of the bluetooth hotspocket speaker is $19.99 since it already has a bluetooth speaker and a hotspot built in. This product is worth $50.00, but sold for $19.99. The bluetooth hotspocket speaker usually lasts for a few years after you purchase it doesn’t work right you can return it for a full refund for 60 days. You can activate the hotspot for 15 dollars a month. Where can I buy the Bluetooth Hotspocket speaker? What stores can you find our speaker Amazon.com Target Target Best Buy Best Buy Productive Resources What productive resources do we use for our product? Human Resources Human Resources Workers are needed to put them together on the assesbly line. Truck drivers are needed to ship out the finished products. Capital Resources Capital Resources Warehouse Factory Assembly line Natural Resource Natural Resource Rubber Oil (plastic is made from oil and we need to make plastic to use in our product) Dyes (natural) This product has a bluetooth speaker and mini hotspot under the top cover of it. The speaker will already work, but to activate the hotspot you need to call M Technology. The fee for the hotspot is 15 dollars monthly. How does it work? How does it work? M Technologies (Michelle, Meghan and Morgan) makes the Bluetooth Hot-Spocket Speaker and also provides service for it. What company makes these? What company makes these?
Transcript: Audi Beaverton Porsche Beaverton Passwords Passwords Jesus, We All Hate Them 2017 Password Statistics 2017 Password Statistics 41% of online adults have shared the password to one of their online accounts with a friend or family member. 39% say that they use the same (or very similar) passwords for many of their online accounts. 25% admit that they often use passwords that are less secure than they’d like, because simpler passwords are easier to remember than more complex ones. Why Worry? Why Worry? Could This Benefit Sunset? Could This Benefit Sunset? The Solution is LastPass The Solution is LastPass Password Manager is the Only Way Saves All Your Passwords Saves All Your Passwords Creates Strong Passwords for You Creates Strong Passwords for You Your Passwords on Every Device Your Passwords on Every Device Options Options Options Are Great The 100% Free Option The 100% Free Option Pros: Actual password security 100% Free All features available for free users 100% Better than current solution Will also make them more secure in their personal lives Cons: No management of accounts No secure password sharing Bottom rung support from LastPass support Paid/Hybrid Option The Paid/Hybrid Option Pros: Administrator account management When someone leaves, their access stops with one click Secure password sharing Can share one password with an entire department Priority support from LastPass Cons: Cost is $2.42 PU/PM 140 users = 338.40/Month $4065.60/Year
Transcript: Alison, Erin, and Ravina have been good friends in the same class since 4th grade LOCATION What didn't work APPLICIOUS Marketing Portraying Angry Birds, Cut the Rope, Doodle Jump, and Fruit Ninja Product Pictures Applicious at Market Night Applicious sold mainly to young children Between Critter Clips and Poop Brownie Critter Clips attracted customers Poop Brownie repelled customers Difficult to find Applicious due to lack of space Nature of the Business The A stands for Applicious, and the key represents keychains. We chose a fun color that appeals to kids Flyers Business cards Competitors: Critter Clips People who sell school supplies Other app themed creations LOCATION Many kids our age like Apps and Ipods Income and Expense Information Total Gross Income: $41.00 Total Expenses: $35.00 Net Income: $6.00 Profit Margin: 14.00% Although our profit was small, it was mostly due to our high expenses Success--we made SOME profit Many people complimented our displays Learning experience: learn the difficulties of creating, marketing, and selling Applicious: Success! (kinda) Business cards Hook Attracting Customers Chains What worked: So we decided to sell App themed keychains The Beginning of Applicious Changes in the Future... 3-D: $2 2-D: $1 Erin Dickert- Creator of 3-D Angry Birds Alison Lobo- Creator of 3-D Green Pigs and Fruit Ravina Sashti- Creator of 2-D keychains Between: Poop brownie and Critter Clips Difficult to locate due to space issues Critter Clips attracted customers Poop Brownies repelled 3-D models Flashing lights (until they went out) Printed 2-D models Displays Tie keychain tighter to key ring Add App accessories rather than just keychains(bracelets, pins, etc) More flyers and advertising Applicious Profit The CRAZY Creators
Transcript: Presented by Austyn and Ilona The shoe that tracks your steps Place your logo here TraX Introduction Ilona and Austyn We have created a shoe that has a fitbit tracker in the sole. This shoe will record your heart rate, calories burned, how many steps you take, and the distance you have travelled. I love to travel, play volleyball, and swim. I have a younger sister and a dog. I’m 13 years old. My favorite subject is language arts, and my favorite food is pizza. Some problems I have encountered with a fitbit is that they are easy to lose. If we make this shoe it will make my life much easier because I won’t have to keep up with yet another device. Austyn Janowski Austyn Janowski My name is Ilona Bistrian. I am 13 years old and love volleyball, ping pong, and playing basketball with my. A problem that I have encountered with the fitibit or any other tracker fo that matter is, that I get dresscoded in school for wearing the tracker and I'm not allowed to wear the tracker in games. So I have no way to track my steps and calories burned. Ilona Bistrian Ilona Bistrian The TraX Shoe The TraX Shoe Where tracker will be placed Where tracker will be placed Service Offering We are asking for 500k for a 10% equity in our company. We would use 300k to get our product manufactured. We would use 150k for our office space, and 50k for advertsing and marketing. About Us About Us We started this company because of a problem we encountered numerous times in school. My business partner here is a very athletic person and needs to keep track of her steps for cross country. But athletic classes do not allow watches or any form of step tracker because it may interfere with the sport and cause ourselves to get hurt. Because of this we aren’t able to track our steps and how many calories burned during our exercises. So we created TraX, a comfortable durable athletic shoe with a built in step tracker. Now we can keep track of our steps, calories burned, and heart rate without in trouble in our athletic classes. Shoe Description This shoe will be waterproof, so the technology inside wouldn't't get ruined, and it helps to keep you safe. To access your tracking data, all you have to do is download our TraX app and sync the shoes to the app. The shoes have to be within 10 feet radius of app and they will automtically sync. Once this is done, you will be ready to go. At the end of the day, once you've done all your excerise, just sync your shoes to the app and viola. You can see all the progress you've done. The tracker technology inside shoes charge through the app, once you sync the shoes to the app. They charge every night at a certain time that you set it to. Shoe Description Advertising Advertising We will advertise on many different sites including youtube, dailymotion, spotify, instagram, hulu, amazon and will have an account on instagram where we will have free giveaways and prizes to get more exposure. Competitive Advantages Competitive Advantages You don't have to have your phone with you for the shoe to work You don't have to turn on the shoe; it tracks you at all times. It's hard to lose. It's trendy and comfortable. And revolutionizes the form of charging technology It is affordable and high quality, unlike many other shoes in the market. Expenses Research and Data In our first two months we pre-sold 20,000 units. It cost 30$ per unit, so $300,000 to manufacture all 10,000 units. We have already payed for the 1st 10,000 units . The other 10,000 are on back order because we haven't manufactured them yet. We sell the product for $125. Grossing $1,900, 000 in profit, $2,500,000 in all. After a tax decution of 6.25 ( - 304,000 ) we would have $1,596,000. We would have 5 employees paying them an average of $ 48,960 a year. ( - 244,800 ) After employee expenses we would have $1,351,200. For office space and utilities the cost is about $ 121,200 a year. We would have about $1,230,000 left. We have budgeted $250,000 for marketing and advertsing. That leaves us with $980,000 a year. That amount would be split between the co- founders. And that's only the first year. We project at least a 5% growth rate a year. In the Future Before After In the Future In the next 10 years, we're hoping to see a profit increase of 5% every year, from our 1,900,000 profit for the first year At the start of our business Where we see ourself in 10 years Q&A Q A & Problems we may encounter- what about the kids that don't have a phone? It's an easy solution. In this generation every adult has a phone so the kids can sync the shoes up to their parents phone and get the data from that. Thank you for listening. I hope you will take everything into consideration and invest in our company. We promise you the outcome will be well worth it. Thank You Sharks Thank You Sharks
Transcript: Hello Sharks The Jump-In TV Whose ready to jump in? The Jump-in TV can hold up to 4 users. To use the product, you place your feet on the spots on the place mat. Press the Go Button, and you will be transported to a cyber-space within your television with all your television shows. Watch all your shows in life-size. Press the Talk button, you will be able to communicate with the TV characters. The actors and actresses are not real, but just the program. Cost to make What does the TV do? The Jump-In TV cost to make... 30 inch $600.00 40 inch $700.00 50 inch $800.00 60 inch $900.00 Profitable? Jump-In TV Price We will make millions if you invest in my product. There is a very high demand for this new technology. Every TV sold, we get $1200.00 back. I will do all the work. All you have to do is sit back and watch the money start flowing in. The Jump-In TV cost (4 sizes)... 30 inch $1799.95 40 inch $1899.95 50 inch $1999.95 60 inch $11199.95
Transcript: MADE BY: CED&D Product Purpose Imagine yourself, outside in a warm and sunny summer day. After a long day at the beach, all you want to do is sit down in the cool summer shade and have a drink. However, you don’t want any ordinary and boring drink, you want something to match the unique and special day you just had. What you need is the SPARK soda. This drink will knock your tastebuds silly and at the same time, it will quench your thirst. This special drink is sure enough to bring happiness to you on any day; special or any ordinary day. Target Market You don’t have to meet a certain requirement in order to drink SPARK. All you need to have is the desire to drink something that will fill your mouth with a taste like no other. Any person, no matter the age can drink this. You could be a teacher, student, doctor, athlete, parent, or even the president. Anyone can drink SPARK without any restrictions. Competition In today’s world, everyone competes in order to be at the top of the food chain. There are huge companies such as Coca-Cola, Pepsi-Cola, Mountain Dew, etc. These companies have what it takes to knock us out of business, therefore these companies are our competition. Our goal is to make it to the top with those companies, or even surpass these companies. Elevator Pitch Good Afternoon, as you all may know my partners & I are STEM students at Rex Mill Middle School located in Rex, Georgia. My name is Elizabeth Barragan and I am the CEO of CED&D. I've been blessed with this amazing opportunity of working with one of the most talented entrepreneurs. We combined as one and created CED&D. I would love to introduce to you my partners, David Olivo, Dominic Hernandez, and Caleb Doyle. We have had an idea of developing a new product for our company. Our product's name is Spark. Spark will make a positive impact on not only our company CED&D, but also it will satisfy our consumers. Let me tell you about this amazing product. The purpose of spark is to calm dehydration and it energizes the buyer. This product is good for all ages above 3. This product is especially made for athletes. There are many reasons why you should invest in Spark. Spark is cheaper than an average energy drink. For example an average can of redbull costs about $3. On the other hand Spark will only cost $1.75! Do you hear a “meow meow” because someone is “Kitten” me! Isn’t this just too good to be true? Not only that but spark's soda can is longer. This means that the soda will have more variety in one can than in other energy drinks. If you think that’s great, well you haven't heard the best part! This energy drink is actually safe to minors. Elevator Pitch (continuation) More fruit & water (which added a higher dose of Vitamin D)were added to our drinks. As you can see our business models will be seen on billboards, flyers, and commercials. Our product will attract buyers. Hopefully you will take our offer into consideration. My team and I would love to sell this great product, or what kids always say, "Lit product." Am I right guys? With your investment we can make the advertising happen. If you decide to invest in the products foundation we will assure you that we won't waste a second. CED&D is seeking an investment of $200,000, or investment of 25% of our business. This money will be used for our outrageous advertisements, our supplies/materials to make the drink, payment for the employees, truck drivers to export our product, paying the buildings bills for example electricity bills and etc. If you are curious about the rest you you can always consult my team members or myself. Thank you for giving us your eyes and ears and I’m looking forward to hearing from you. Billboard Poster For Sale SpArk $2.50 a liter or $1.75 a regular bottle Made by the CED&D Keep it smart, so keep it SpArk!!! Flyer For Sale SpArk $2.50 a liter or $1.75 a regular bottle Made by the CED&D Keep it smart, so keep it SpArk!!! Finacial Expense It costs the CED&D $1.50 to make our SPARK product. The cost of an individual product that can be purchased by the public is $2.50 for a liter bottle and $1.75 for normal bottles. Our competition (RedBull) charges $2.00, $1.50 in cans, $1.75 in plastic containers, or up to $18.73 for a 12 pack. How Much Are We Asking For? To help us get started, we are looking for a loan of $200,000 or investment in 25% of our business. We will use the money to cover the expenses of creating our product, distributing our product, and for advertisement. $100,000 will be used for materials for the production of the product. $50,000 will be used for advertisements. $50,000 will be used for distribution to the public. The rest of the money will be used for payments of our building’s bills & the payment of our employees first month. You should invest in our company because we created a unique flavor that will capture the interests of the public. They will enjoy the flavor that SPARK contains due to the ingredients and flavor. SPARK Commerical I hope
Transcript: Intro Product Info Competition There are so many things we do everyday that we could use as energy sources. Market Research The 2015 Longboard market trend report states that companies in the longboard segment keep raising the bar with unique constrictions, designs, and materials. Sales in the past year were up 35%. Would sell this product to longboard companies. (Sector9, Quest, Atom, ect.) Customer Needs- Portable energy source for phones, tablets, laptops, ect,. There is already a power generator to charge phones on bikes, but not built into them. Price: Longboards are around $150-$450, so with the generator it would be $300-$600. The possibilities would be endless by not having to rely on fossil fuels. This is where the generator would be located Resources Name: Mijia Johnson Age: 17 Grade: 12 After taking Renewable Science last semester, I wanted to create a product that created clean and renewable energy. - The Charger-Board - A phone charger that is built into the bottom of your longboard/skateboard. -Electricty is generated by the movement of the wheel. -energy is then stored in a charger that is attached to the bottom of the board. -when the board is not being used it becomes a portable charger, providing a charge anytime with out an outlet. -Clean energy -WWW.youtube.com/watch?v=9DYa-AkOjxs -Renewable energy technologies are clean sources of energy that have a much lower environmental impact than conventional energy technologies. http://www.surfersvillage.com/content/longboard-skate-market-continues-climb http://www.axsgear.com/blog/longboard-business-market/the-longboard-industry-a-look-forward/ http://www.renewableenergyworld.com/index/tech/why-renewable-energy.html http://www.green-e.org/learn_re_why.shtml WWW.youtube.com/watch?v=9DYa-AkOjxs There are currently no other products like this on the market. The closest competition would be portable hand held chargers, Solar powered chargers, and mini generators. All of these require some way to be carried, whereas the Charger-board is build in. The Charger-Board
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Shark Tank PowerPoint Templates And Google Slides Themes
20 results
"Visualizing Fuel Consumption: Gas Tank Graphic and Bar Chart Analysis"
Category: PowerPoint
Designed by: SLIDESDOCS
graphic of gas tank and bar chart
semi truck with gas tank on the side of road
blue tank with ladder
graphic showing the number of tanks in world war ii
diagram showing the stages of gas tank
"Mesmerizing Image of a Shark Gliding Through the Ocean Depths"
"Swimming with Sharks: A Man Braves the Ocean Depths"
Cartoon shark PPT template
Format: pptx
Designed by:
Shark cartoon ppt template
Designed by: 花千骨
Blue education childrens course PPT template
Format: ppt
Designed by: 资深田螺君
geometric yellow vietnam military presentation
Designed by: 啊超
Modern warfare military exercise call of duty PPT template
Designed by: 大海广告①线23386766
Creative illustration underwater world class meeting PPT template
Designed by: 紫虹
Red minimalist preschool education PPT template
Camouflage color matching simple business style military theme PPT template
Designed by: Alonic
Camouflage color matching simple business style military theme PPT background
Designed by: 木芷
Knowledge contest ppt template
Designed by: 快乐小妞
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Top 10 Sharks PowerPoint Presentation Templates in 2024
Sharks are fascinating creatures that have captured the imagination of people around the world. As apex predators, they play a crucial role in maintaining the balance of marine ecosystems. Understanding sharks is essential for promoting conservation efforts and changing public perceptions about these often-misunderstood animals. A PowerPoint presentation on sharks can serve various educational and awareness-raising purposes. For instance, it can be used in classrooms to teach students about marine biology, highlighting the anatomy, behavior, and habitats of different shark species. Additionally, conservation organizations can utilize these PPTs to inform the public about the threats sharks face, such as overfishing, habitat loss, and climate change, while advocating for protective measures.Moreover, marine researchers can present their findings on shark populations and their ecological significance using engaging visuals and data-driven insights. This can foster discussions on sustainable practices and the importance of preserving marine biodiversity. Furthermore, the presentation can be adapted for various audiences, from schoolchildren to adults, making it a versatile tool for education and advocacy. By customizing the content to suit specific goals, users can effectively engage their audience and promote a deeper understanding of these incredible marine animals.
Manta Ray Shark Colored Icon In Powerpoint Pptx Png And Editable Eps Format
This colourful PowerPoint icon depicts a majestic manta ray swimming gracefully through the ocean. It is perfect for adding a touch of beauty and serenity to any presentation.
Use this Manta ray shark colored icon in powerpoint pptx png and editable eps format and create amazing PowerPoint presentations or graphics with ease. This downloaded file is available in all the editable formats such as EPS, PNG and Powerpoint pptx.
- marine life
- Ocean Creatures
River Shark Colored Icon In Powerpoint Pptx Png And Editable Eps Format
Give your next presentation a sophisticated, yet modern look with this 100 percent editable River shark colored icon in powerpoint pptx png and editable eps format. Choose from a variety of customizable formats such as PPTx, png, eps. You can use these icons for your presentations, banners, templates, One-pagers that suit your business needs.
Use this River shark colored icon in powerpoint pptx png and editable eps format and create amazing PowerPoint presentations or graphics with ease. This downloaded file is available in all the editable formats such as EPS, PNG and Powerpoint pptx.
- River Shark Icon
- White Shark Icon
- Water Animal Icon
- Aquatic Animal Icon
Shark Tank Deals Regret In Powerpoint And Google Slides Cpb
Presenting Shark Tank Deals Regret In Powerpoint And Google Slides Cpb slide which is completely adaptable. The graphics in this PowerPoint slide showcase five stages that will help you succinctly convey the information. In addition, you can alternate the color, font size, font type, and shapes of this PPT layout according to your content. This PPT presentation can be accessed with Google Slides and is available in both standard screen and widescreen aspect ratios. It is also a useful set to elucidate topics like Shark Tank Deals Regret. This well structured design can be downloaded in different formats like PDF, JPG, and PNG. So, without any delay, click on the download button now.
Our Shark Tank Deals Regret In Powerpoint And Google Slides Cpb are topically designed to provide an attractive backdrop to any subject. Use them to look like a presentation pro.
- Shark Tank Deals Regret
Risks and mitigation strategies man tightrope sharks powerpoint slide rules
PPT template can easily be updated by anyone. Guidance for making changes in design has also been provided by our professional PPT designers. Include your customized business related data into text place holders on PPT design. Design template can quickly be downloaded into various formats e.g. JPEG and PDF. You can open PPT design with Google Slides and MS PowerPoint software. Both standard and full screen views are available.
Are you looking to present business plan risks and mitigation strategies in PowerPoint? We are presenting our fully featured, business oriented risks and mitigation strategies man tightrope sharks PowerPoint slide rules PPT template to do it efficiently. Use this intelligently designed PPT diagram to identify potential risk, impact on business performance, accept, minimize, share and transfer the risk according to your business requirements. Implement the risk and mitigation strategies to minimize risk or impact of risk on business with this powerful risk management PowerPoint template. PPT design is highly useful as you can work on all of the risk factors in advance so that it will not hamper your project execution. You can also display important benefits and risks including types of risk e.g. operational, structural, financial, technical risk associated with the project, tolerance with this tightrope PowerPoint template. So, just download by clicking on download button and display important risks and mitigation strategies, tightrope challenges in most impressive manner. Increase the impact you have in your field with our Risks And Mitigation Strategies Man Tightrope Sharks Powerpoint Slide Rules. Enhance the influence of your institution.
- risk management
- Risk Mitigation
- Risk Planning
Powerpoint shark swimming over reef with fish go far with our fishreef animal template
Make your presentation crisp and attention-grabbing with our Powerpoint Shark Swimming Over Reef With Fish Go Far With Our Fishreef Animal Template. This pre-designed PPT is all you need to portray your ideas for the next presentation. This theme is equipped with high-resolution graphics and images, which helps you stand out from your competitors. This easily accessible PPT template is of great value due to its versatile nature. Different businesses can easily take advantage of this template by modifying the content as their needs and demands. Case studies, reports, data analysis, and interpretation can be shown effectively by downloading this well-researched PowerPoint slide. Our Powerpoint Shark Swimming Over Reef With Fish Go Far With Our Fishreef Animal Template template can elevate your presentations overall appeal due to the high-quality illustrations and images. Align the focus point and discuss the topic for productive brainstorming sessions using this template. Save time and increase productivity by downloading this professionally designed PPT template. Level up your presentation by incorporating an aesthetically pleasing PowerPoint slide and get your audience glued to it till the end.
Download the PowerPoint image slide titled Powerpoint Shark Swimming Over Reef With Fish Go Far With Our Fishreef Animal Template. This PowerPoint template is customizable and available in standard as well as widescreen sizes. You can present information on various topics like Image slides, Fishreef by deploying this interactive slide. Download and deliver an attention-grabbing presentation by utilizing this completely editable image slide.
- Image slides
Tourist crowd taking pictures of shark in fish tank
Presenting this set of slides with name Tourist Crowd Taking Pictures Of Shark In Fish Tank. The topics discussed in these slides are Tourist Crowd Taking Pictures Of Shark In Fish Tank. This is a completely editable PowerPoint presentation and is available for immediate download. Download now and impress your audience.
Our Tourist Crowd Taking Pictures Of Shark In Fish Tank are topically designed to provide an attractive backdrop to any subject. Use them to look like a presentation pro.
- Tourist Crowd Taking Pictures Of Shark In Fish Tank
Risks and mitigation strategies businessman shark powerpoint presentation
Presenting risks and mitigation strategies businessman shark powerpoint presentation. This is a risks and mitigation strategies businessman shark powerpoint presentation. This is a one stage process. The stages in this process are risk management, risk mitigation, risk planning.
Get your colleagues feeling fully charged with our Risks And Mitigation Strategies Businessman Shark Powerpoint Presentation. It will energize your associates.
Risks and mitigation strategies shark man laptop powerpoint slides
Presenting risks and mitigation strategies shark man laptop powerpoint slides. This is a risks and mitigation strategies shark man laptop powerpoint slides. This is a one stage process. The stages in this process are risk management, risk mitigation, risk planning.
Arrive at decisions agreeable to all with our Risks And Mitigation Strategies Shark Man Laptop Powerpoint Slides. It helps build the basis for consensus.
Color Palette With Five Shade Sun Dew Salt Box Shark
This color palette has a unique combination of five color shades including Sun, Dew, Salt Box, Shark .You can use them for design inspiration, color themes, and much more.Sun Dew Salt Box Shark gives an aesthetic touch to graphics, illustrations, icons, or any other design idea you have in mind.
Heres a visually-pleasing color palette with Five Color Shades With Hex Code faa916, fbfffe, 6d676e, 1b1b1e. These colors are intuitively picked to ignite the spark of brilliance in your designs and creativity.
- Color Palettes
Tourist clicking picture of shark in fish tank
Presenting this set of slides with name Tourist Clicking Picture Of Shark In Fish Tank. The topics discussed in these slides are Tourist Clicking Picture Of Shark In Fish Tank. This is a completely editable PowerPoint presentation and is available for immediate download. Download now and impress your audience.
Our Tourist Clicking Picture Of Shark In Fish Tank are topically designed to provide an attractive backdrop to any subject. Use them to look like a presentation pro.
- Tourist Clicking Picture Of Shark In Fish Tank
Business presentation templates
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Shark Presentation templates
Would you dive in a cage full of sharks what if we told you that these sharks are completely harmless and just swim across these cool templates we believe that these beautiful creatures are often misunderstood, so now it’s their turn to be the main start present about this sea creature with dark blue marine backgrounds and shark illustrations or designs from these templates. there are many to choose from what do you say would you now dive into these slides full of sharks.
- Calendar & Weather
- Infographics
- Marketing Plan
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- Black & White
- Craft & Notebook
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- Illustration
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- Professional
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Stop shark massacre.
The amount of sharks killed by humans has increased too much, and in fact it's becoming a problem. Raise awareness about this subject with our newest template. The slides will show, apart from your message and points, some underwater backgrounds, complete with illustrations of algae and sharks. Some of them...
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Download the Sharks presentation for PowerPoint or Google Slides and teach with confidence. Sometimes, teachers need a little bit of help, and there's nothing wrong with that. We're glad to lend you a hand! Since Slidesgo is committed to making education better for everyone, we've joined hands with educators. This...
Shark Awareness Day
Although a shark is synonymous with terror, these animals are fundamental to marine ecosystems. Thanks to sharks, there is balance in the food chain. The hunting of sharks by humans is having harmful consequences on marine ecosystems, as the quantity of herbivorous species and, for example, algae, are out of...
Great White Shark vs. Killer Whale
Download the Great White Shark vs. Killer Whale presentation for PowerPoint or Google Slides and teach with confidence. Sometimes, teachers need a little bit of help, and there's nothing wrong with that. We're glad to lend you a hand! Since Slidesgo is committed to making education better for everyone, we've...
Shark Cage Diving Experience for Social Media
For a million dollars, would you dive in a cage full of sharks? Some would say yes, others would say "no way", and others would pay to live this experience, as they are thrill-seekers. Whatever your choice is, don't worry, there are no real sharks in this design. For you...
Shark Tank Pool MK Plan
Would you be afraid of watching sharks from up close? Perhaps if a solid (and transparent) barrier separates you from them... But this could become one of the main attractions of the city, so maybe it's worth it to think of a marketing plan for a shark tank! If you...
Scariest Sharks
"Phooey, I just wanted to have a nice time on the beach, but it seems no one can go into the water because there's shark activity today..." Well, you might not ride the waves today, but you can make the most of this chance to study the sharks (from afar)....
International Whale Shark Day
The whale shark can measure between 10 and 12 meters in length and weigh up to 34 tons. It is listed as the largest fish in the world, however, it is completely peaceful and harmless to man. On August 30, its international day is celebrated as a measure to face...
Let's Celebrate Whale Shark Day!
Let’s celebrate Whale Shark Day on August 30th with a Google Slides and PowerPoint template full of the cutest whale shark illustrations you’ve ever seen! Share information about those gentle giants, their habitat, behavior and diet and, most importantly, about how and why their special day is celebrated. The slides...
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Template 3: Investor Pitch Deck For A Start Up PowerPoint Presentation Slides. Every once in a while, there comes a product on Shark Tank that just has a simple idea and a ton of passion behind it. For the sharks, it is a reason to get on board with the entrepreneur, fund their vision, and later reap its rewards.
An Example of a Good Shark Tank Pitch's Plan: Short And Inspiring Introduction. Begin your pitch with a brief and impactful introduction that captures the attention of the Sharks. Share a compelling statement about your business that sparks interest and sets the tone for the pitch. Example: "Good evening, Sharks!
The pitch and the product were captivating. The product or business was relevant. The pitch was entertaining. The presenters were confident. The presentation's message was powerful. The pitch featured funny content. The entrepreneur's or the company's story was inspirational. Of course, even Shark Tank best pitches need a visual element ...
This slide presents television programs that help founders and startups in funding their new ventures and making informed business decisions. It includes Shark tank, Silicon Valley, Upstarts, etc. Introducing Seed Funding Advisory Television Programs For Getting Investors Onboard Ppt Example to increase your presentation threshold.
Shark Tank pitches are mostly accepted or rejected on the basis of valuation. A realistic and accurate valuation is usually based on several methods. The most common method is to take the present value of inflows from revenues in perpetuity. Another indicator of valuation can be the capital invested in the business and the profit reserves ...
Incorporate the audience's name or logo on your slides. 4. Use examples or metaphors that your potential investors can relate to. 5. Speak their language using terms the audience would know. ... they often start with a business valuation in their shark tank presentation example: "I'm asking for $100,000 for 5% equity," which means they ...
1. Start with a Compelling Opening Slide. The first impression is crucial, so begin your pitch deck with a powerful and captivating opening slide. Use a strong image or a catchy headline to immediately grab the attention of the investors. Remember, you only have a few seconds to make an impact, so make it count! 2.
General Tips to Create a Pitch Deck for Shark Tank. In addition to the structure and content of your pitch deck, here are some general tips to ensure your presentation stands out: Visuals Matter: Use high-quality visuals and graphics. Ensure your slides are visually appealing and enhance the story you're telling.
2 Firstly, this is an RCT (Real Content Template) 3 Download the Shark Tank Pitch Template. 4 Shark Tank Pitch Template Guide. 4.1 Preface — Shark Tank is a show. 4.2 Pitch Slide 1 — The Cover Page. 4.3 Pitch Slides 2 & 3 — Problem and Solution. 4.4 Pitch Slide 4 — Traction for Shark Tank. 4.5 Pitch Slide 5 — Team.
Elevate your pitch with our Shark Tank Presentation, designed for entrepreneurs seeking investment. Fully editable and customizable, it helps you showcase your business idea effectively. ... SlideTeam has published a new blog titled "Top 10 Technical Communication PPT Templates With Examples And Samples". 5 hours ago.
Add the audience name or logo onto your slides 4. Use an example or metaphor that the prospect will relate to 5. Use insider language that shows the audience you speak their language ... Presentation Tip #2 from Shark Tank - People Buy You. The third tip is to - Know Your Numbers. As hopeful entrepreneurs present to the sharks they present ...
Shark Tank is a critically acclaimed business pitch show on which aspiring entrepreneurs present their business ideas to a panel of wealthy investors, known as "Sharks," in hopes of securing funding. A successful pitch in this high-pressure environment requires more than a good idea. It demands a strategic, well-structured presentation that ...
A successful Shark Tank pitch requires more than just a great idea. Successful pitches are those that captivate the Sharks' attention, clearly explain the problem the product solves, showcase the product's unique value proposition, and present a clear plan for how the Sharks' investment will be used to achieve growth and profitability.
Know that your investors are your equals: The founders of a 'Shark Tank' success relied on a key piece of business-school advice to stay calm during the pitch that won them $100,000. When things ...
Contains easy-to-edit graphics such as graphs, maps, tables, timelines and mockups. Includes 500+ icons and Flaticon's extension for customizing your slides. Designed to be used in Google Slides, Canva, and Microsoft PowerPoint. 16:9 widescreen format suitable for all types of screens. Includes information about fonts, colors, and credits of ...
Sparrow Team member names
Shark Tank Presentation. Transcript: We will be working with white-out to create our product. Our Rainbow Fix-it will be sold in a pack of 3 different colors for $5.25. We will have 3 different packs: The primary pack, the secondary pack, and the special selection. - There is already a mistake-corrector, but it only works on white paper.
Are you looking for Shark Tank powerpoint or google slides templates? Pikbest have found 20 great Shark Tank Powerpoint templates for free. ... More animated ppt about Shark Tank free Download for commercial usable,Please visit PIKBEST.COM. Follow Pikbest. Creative Design. Templates PNG Images Backgrounds Illustration Decors & 3D Models E ...
Tourist clicking picture of shark in fish tank. Presenting this set of slides with name Tourist Clicking Picture Of Shark In Fish Tank. The topics discussed in these slides are Tourist Clicking Picture Of Shark In Fish Tank. This is a completely editable PowerPoint presentation and is available for immediate download.
Introduce your business model, annual results, market trends, or big business ideas (think Shark Tank) and make a presentation with Pitch's free business presentation templates.
Let's Celebrate Whale Shark Day! Let's celebrate Whale Shark Day on August 30th with a Google Slides and PowerPoint template full of the cutest whale shark illustrations you've ever seen! Share information about those gentle giants, their habitat, behavior and diet and, most importantly, about how and why their special day is celebrated.
1 Thomas and Scott's Shark Tank Project pitch presentation... 2 JEDI PIES 3 Our Product: Mini Pies Our skillfully hand-crafted and homemade Jedi Pies ™ are delicious pastry pies for everyone. Flavors include green apple and mixed berry. 4 Why Mini Pies? We chose mini pies because we wanted to make something sweet, but we thought that ...