Of course, we left the Shark Tank India Season 3 studio with many pearls of wisdom, but while some lessons are perfect for the ‘now, some are for the long haul. So, if you’re an entrepreneur, a Shark Tank India aspirant, or a curious Wyld fan, swim back to the sea with us to unearth our long-term treasures. Here they are!
You’re Not Just Selling a Product
You've got a killer product or service, but what helps you sell it the most? It's the connection you forge with your customers. Think of your business as an ecosystem where trust and transparency are the coral. Build that community, nurture those relationships, and watch your brand thrive in the vast ocean of commerce.
Do Your Homework
Whether it is a brand collaboration or a new business deal, arm yourself with knowledge. Research, research, research! Know your potential collaborators inside and out. Know what you’re diving into to amplify your reach and success tenfold.
Presentation is Key
Whether you're pitching to investors or just introducing your business to a curious bystander, presentation is everything. Keep it smooth, easy to understand, and captivating. Set the tone, make a splash, and leave them begging for more.
Believe in Your Business
You're the captain of your ship, the master of your destiny. Believe in your business, believe in yourself, and let that confidence radiate in every aspect of your work and personality. When you're passionate about what you do, others can't help but be drawn to your light.
Know Your Depths
The siren song of success can be intoxicating but it is important to keep sight of reality. Know your strengths, know your weaknesses, and never underestimate the power of humility. Stay grounded, stay humble, and you'll weather any storm that comes your way.
Know Your Numbers
Whether you’re face-front with a barrage of questions about your finances by an investor or need to decide the next stop for your brand, you must know every nook and cranny of your business, especially the numbers. You must know exactly where you stand and where you are heading with all that is spent, earned, and left.
Dive Deep into Industry Knowledge
The ocean of commerce is ever-changing, and you don't want to be left high and dry. Know your industry inside and out, and never stop learning. Is there a market for your vision? Are there potential predators lurking in the depths? Stay informed, stay curious, and you'll always stay ahead of the curve.
What long-term lesson from Shark Tank India do you resonate with the most here?
Let us know and stay wild, use Wyld!
