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Daily Nuggets: A For Impact Blog

Shark Bites/Dragon’s Den


While in Ireland two weeks ago, I got to sit in on the actual taping Dragon’s Den hosted by my new friend and entrepreneurial role model, Gavin Duffy. Gavin and his much, much, much better half, Orlaith, are both amazing and talented people having huge impact in Ireland.

On my way home, I was reading the new issue of SUCCESS MAGAZINE featuring a great article on the U.S. version of Dragon’s Den called INSIDE THE SHARK TANK.

Here’s a quick summary of ‘Shark Bites’ (quotes) from the article:

On Message: “100% of the entrepreneurs who got deals were able to articulate the opportunity in 90 seconds or less showing you why if I were an investor I would make money!” Kevin O’Leary

On Selling: “It’s all about sales. I’ve never seen an entrepreneur who wasn’t a salesman. I always feel like, with an entrepreneur, it’s not just about convincing someone to come in but it’s really about getting them to see life the way you see it through your eyes.” Barbara Cocoran

On Hard Work: “We romanticize entrepreneurship so much that people don’t do the work… it’s not just a dream, not just a goal, it’s a lot of hard work. A lot of people are wantrepreneurs, not entrepreneurs.” Mark Cuban

On Money: “Make sure you’re doing something that you love, that you’re willing to do for the rest of your life. If you’re dong it for money, that’s the only thing you won’t make.” Daymond John

Special Note: We are always asking our For Impact leaders to Think Like An Entrepreneur. I love Mark Cuban’s new word: WANTREPRENEUR. ‘Thinking’ like an entrepreneur or ‘wanting’ to be an entrepreneur is obviously not enough. There is some hard work involved. But it’s worth the effort.