Have you watched shark tank? I mean the show that is running in variety of nations like US, India, Australia and even other nations. So there are some really good insights that you can experience with this show.
Though we all know that some of the shows are too much scripted and the deals are often not real as well. But there are some really good insights that come out of it.
Have you seen some of the pitchers who are having the small product and has literally no sales. And they want to sell the product based on future value of the product. And in some of the case they have got the funds from the VC too which can be funny.
A lot of people are like those millennials with the big talks and big mouth. But they seem to be adding not much value to the people. And something like that is giving us a good experience on the life. That big talk often sales too.
Because some of the bad deals I have noticed in the Shark tank where they have funded some business which turned out to be shady and also some were too good to be true. But not sure how those business survived.
There were some of the product which were too good to be true. Some products were like adding some device in the ear and some product like taking the water out of the air and purifying the same. And so a lot of products can be scam. And we know for sure that those type of products are scam.
I always laugh at some of those products which can be pretty much damaging and scam.If you ask me some of those products can be really bad. So in that context I'd say that one has to learn to spot them otherwise investing into them can be bad.
A lot of times what happens is that people come out with big pitch. And they have no sales. So that is another sign where you can see those are not the right people and the product. So you are going to be missing out on some really good results with the same.
I think a lot of such shows will eventually showing the patterns of how humans think and how they do business and do scams too.