ABC’s Shark Tank TV Show

The UK has “Dragons’ Den” and now the US has a new ABC show called “Shark Tank,” which sees five self-made billionaires offer their own personal stimulus packages, to average Americans that appear to have promising business ideas.

According to abcnews.go.com, “Shark Tank,” which will see entrepreneurs appear on the show each week, to tell the “sharks” a little about themselves and then about their business plans, so the “sharks” can decide to invest or not, premiered last night.

ABC’s Shark Tank TV Show

The contestants on the show include Robert Herjavec, Daymond John, Kevin O’Leary, Barbara Corcoran and Kevin Harrington. So without any day-to-day drama or weekly eliminations, let’s hope the series has something to keep the viewers watching.

Did you watch the series premiere last night?

  • Darrell

    I watched the premier of “The Shark Tank” last night and thought for the most part it was an interesting show if you are a budding entrepreneur. I know the show has limited time for each participant to make their spill but I thought the older bald gentleman in the middle was extremely rude and has a serious God complex. He would not even allow the contestants to provide adequate information to make a sound judgement on their proposal. His attitude was that he is smarter and better than anyone else in the world at making money and the funny thing is I do not even know who he is. If he is so great you would think you would see him on some of the business channels or in books using his “Gifts” to educate and help people instead of break people down and try to make them see he is smarter than they are. I felt like the rest of the panel were at least a little more compasionate and willing to listen to what people had to say. I agree that the blue tooth technology being planted in someone’s neck was a little too sci-fi for me. Most of all I thought the show was pretty cool and look forward to the next episode. Maybe this guy is the Simon of this panel.

  • doubleplusgood

    The bald guy is called “Kevin O’Leary”. He’s a Canadian investor and entrepreneur. He co-hosts a show on the Business News Network here in Canada and was one of the panelists on the Canadian “Dragon’s Den”.
    On Dragon’s Den he’s usually very rude to the budding entrepreneurs and likes to make fun of them.
    But yeah I guess he’s there to play the Simon role. He’s extremely right wing which makes him even more abrasive.

  • http://www.malibumunchies.com Patricia Weems

    I have a positive spin on how the show affected me, personally. I am one of these,”you can’t tie me down and tell me what to do type personalities,” and have always been entrepreneurial and self-employed as a result. I’ve been working on an idea to use for profit businesses to fund a non-profit 501C3 but due to limited funds right now have been sitting on the ideas, making a move forward and moving a few steps back. During this process, I have gotten discouraged but have never lost sight of the vision and ultimate goal. When I read about Barbara Corcoran starting her mega real estate business with a thousand bucks from her boyfriend and while watching her bid on the elephant medicine dropper, I started googling dropshippers again to see if I could find a coffee company with a minimal setup fee…….FOUND IT! The owner of a coffee roasting company in Florida called me this morning and I am now working with him setting up my website which has to be minimal cost until I start raking in some bucks to upgrade to a better website which the owner of this company specializes in as well as roasting coffee. He hooked me up with a company in Massachusetts that bakes and dropships biscotti under private label and other items bringing the beginning of my project together so I can get setup online and have enough promo time for the holidays. I think feeling guilty about my laziness and procrastination about committing to my goal after hearing some of the comments by the panel on Shark Tank shocked me into reality and out-of-my-daydream fantasy about what could be…as of this morning, it is what’s-going-to-be and I know it will be huge. The ultimate goal is to have as many online dropship businesses generating revenue to fund an animal rescue business that will ultimately have brick-and-mortar businesses on the premises to continue funding the project, including a 24-hour vet clinic, 24-hour cafe, pet grooming and supplies store, metaphysical bookshop with readings since so many people are into new age stuff, an art gallery where local artisans can display and sell their crafts on the weekends, animal photography so people can have photos taken of their pets…really big in L.A. and probably other areas, plus other businesses. I found a parcel of land below the Ronald Reagan Library a couple of years ago 138 acres zoned commercial and agricultural that would have been perfect to start this, but the project was too big to get started for one person at that time, so on the back burner it went. The goal of the project is to privatize animal control and regulation by partnering with Los Angeles County in taking the overflow of the animal shelters and bringing it into the private sector which hopefully will become the future of animal regulation where animals will not have to be euthanized. There is a global animal rescue community where people donate to save as many pets discarded at animal shelters. We kick in funds for surgeries, rescue and foster fees etc. Hopefully this type of project can extend into the homeless humans area and provide shelter and rehab for them in the private sector…also creating jobs for teens to hang out and learn after school instead of loitering and getting into trouble. Thanks for the inspiration and the kick-in-the-ass I needed to get off my butt and get moving….I needed to keep going until I found companies that don’t require huge investments to get started and I found them. Businesses can be started on limited funds; finding the right partners to work with is the hard part. I think drop ship is the way to go to raise money to finance any project if you have a strong marketing and sales history.

  • http://milestonebio.com Frank

    The only difference I saw last night from the real world of raising capital is the panel actually told them why they were out. In the VC world, I have been told that my idea doesnt fit their portfolio strategy or just plain – we have to pass but thanks. Most of the time, you will NEVER get a face to face. These guys do see 100′s of BP’s a week and weed thru the trash quickly. Anytime you get in front of these types of people, you are one step closer to the money. I have no problem with the arrogance of the panel because they have made it. I bet you, he will dish out some of his hard earned cash to a very good idea. Those other ideas need to be tweaked and tweaked and when they think they got it right, the VC’s will tweak it again. I only wish my business plan fit the mold for the show. We could use a few bucks. You reall have not seen a battle for equity yet. Wait until that happens. I would give up 60+++% of my company to have one of those mentors in my court!! Cant wait until next week!

  • KG

    Love the show. There is nothing to add to it.

    Darell! stick to the “idol” show and I guess you won’t be dissapointed.
    BTW now you know HIM.

  • Maggie Hooper

    love love the show