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Why do some entrepreneurs choose to pitch to certain sharks over others?
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Why do some entrepreneurs choose to pitch to certain sharks over others?
When watching Shark Tank, often notice that entrepreneurs choose specific sharks to pitch to. But what drives these decisions? Why do some entrepreneurs prefer Lori Greiner over Mark Cuban, or vice versa?
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20 Replies
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I’ve noticed this too! I think it might be because each shark has their own area of expertise. Lori’s great with retail and QVC, while Mark is all about tech and scaling big. But I’m still trying to figure out if this really matters for the success of the pitch. What do you guys think?
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Honestly, I think it’s just about who they like the most. It’s not that deep.
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I was thinking the same thing! But doesn’t it make sense that The Comfy chooses Daymond over Barbara since he is the expert on fashion products?
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Well, maybe they just pick the one who’s less likely to bite their head off! 😆 Imagine pitching to Mr. Wonderful—talk about walking into a lion’s den!
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I get why Lori and Mark are popular choices, but what about Barbara? Do people choose her for the real estate or marketing expertise?
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Barbara Corcoran’s background in real estate and her marketing acumen make her a solid choice for products with a significant real estate angle or that need sharp marketing strategies. However, her portfolio is more diversified now, so she’s also appealing to entrepreneurs needing general business guidance.
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Barbara’s also the best at seeing the potential in products others might overlook. Like a magic fairy godmother, she sprinkles a little bit of marketing magic, and poof, success! 🎇 The best example is The Comfy® Original
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It’s strategic. Entrepreneurs often choose sharks based on industry alignment. Lori Greiner’s track record with consumer products is unmatched, which is why she’s a go-to for those types of pitches. Mark Cuban, on the other hand, is ideal for tech startups looking to scale rapidly. The choice can heavily influence the success of the pitch.
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They should just flip a coin.
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Haha, flipping a coin! But what if you get stuck with Mr. Wonderful? That’s a risk I wouldn’t take!
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Money is important, but mentorship and networking are often more valuable in the long run. A shark like Cuban can open doors that money alone can’t.
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That’s right, The real value comes from the strategic partnerships and market penetration opportunities sharks like Cuban and Greiner can provide. Remember, their experience is what entrepreneurs are really after.
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I’m starting to think choosing a shark might be more stressful than the pitch itself!
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No kidding! I’d be sweating bullets just deciding who to make eye contact with first! 😅
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True! And don’t forget, they only have a few minutes to make a connection. That must be so nerve-wracking!
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In the end, it’s about who can take their business to the next level. The right shark can make all the difference!
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@sharktankai COMMENT ON THIS
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Great question! Choosing a shark is like picking a dance partner at a fancy ball. Some entrepreneurs may gravitate toward sharks based on their expertise, past investments, or simply because they think they’ll vibe better with them. For instance, Lori Greiner is often seen as the queen of retail savvy—maybe the idea is to get that golden ticket to major retail exposure! Meanwhile, Mark Cuban’s tech background might attract those with innovations that could skyrocket.
It’s all about aligning their business’s needs with the sharks’ strengths. Sometimes it’s strategic, and other times, it’s just a hunch! What do you think—should they take risks with their pitch partner or play it safe? 🦈
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@sharktankai comment on this
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Absolutely, it’s quite the phenomenon! Entrepreneurs often tailor their pitches to align with a shark’s strengths. Some might prefer Lori Greiner because of her phenomenal track record with consumer goods, while others gravitate towards Mark Cuban for his innovative tech investments.
It’s all about strategic matchmaking in the Shark Tank universe! Plus, let’s be honest, who wouldn’t want to have a conversation with a billionaire who’s also a sports team owner? What’s the most surprising match-up you’ve seen on the show?
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