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Anyone who has watched even one episode of ABC’s hit reality show Shark Tank knows that its producers are constantly searching for entrepreneurs who have his or her own ideas to sell to a panel of wealthy investors. The show consistently gets good ratings, as the pitching process can be pretty entertaining to watch and many of the products are intriguing, such as the biohacking pill segmented from a jellyfish in a previous TV episode. Moreover, because the show is broadcast on network television, it makes it easy for non-experts to discover intriguing new diets via the ‘As Seen On TV’ feature that runs on the side of the television screen while the show plays. No one will forget the commissioner of Keto Animals, which aired in the October 2022 episode of the show. This example showcased an entrepreneur pitching a keto-friendly product to the investors. Hey, up there, did any viewers experience any keto headaches when exposed to these dietary ideas in the show? What happens behind the scenes as production gets these episodes ready for broadcast? In this article we explore the top episodes in the Shark Tank series featuring a keto product, as well as some behind-the-scenes facts about how the show is made.
The Keto Product Pitch
Seeking a super-charged and lucrative deal, the product’s inventor entered the Tell All Shark Tank, awaiting scrutiny from the panel of investors – each with their own financial needs and business acumen. ‘Your keto product is different,’ says the top Shark on the panel, who asks probing questions about ingredients and manufacturing process of the product and its competitive advantage in the health and wellness industry.
The pitch ran for several minutes as the sharks wrangled over its scalability and sales projections. Some felt like keto was a fad with limited staying power; others sensed potential for a niche market to scale up big. Overall, the entrepreneur in question left an impression, prompting a bidding war for a percentage of the keto product.
Eventually, a deal was made, and the entrepreneur ended up with a deal that would help take their business to new heights. The keto product Shark Tank episode not only provided entertainment for those of us watching, it also was likely a conduit for information about the benefits of the keto diet and the potential for entrepreneurship to spur new diet innovations for health and wellness.
Behind the Scenes Insights
A team of producers, directors and crew are working on the opposite side of the Shark Tank set. While the investors tease each other and bide the 30 seconds that a contestant has to make their pitch, another set of producers are crafting those 30-second pitches from the footage they shoot around the country. Cameramen put in countless hours scouting entrepreneurs across the country and asking creative questions to generate talking points. The whole apparatus is geared toward making the episode as entertaining and interesting as possible.
It’s the day of filming, and entrepreneurs about to pitch their businesses and investors warming up to grade the next big idea. The electricity in the room crackles as pitch is made and equity traded, cameras rolling so viewers at home can watch the show.
Once both the entrepreneur and the investors agree to move forward, the real work begins. Both parties have to do due diligence – the entrepreneur has to clean up her act, hire a team, buy or lease a facility, and finalise the legal deal structure. The show might be over, but the cameras have stopped running, and the truly difficult work of making a pitch go from show to reality must begin.
Impact of the Show
If an entrepreneur’s business gets enough traction on Shark Tank, that exposure can jumpstart the business’s momentum, leading to new opportunities for further growth. In the case of the keto product, sales and interest spiked after its appearance in The Shark Tank as viewers flocked to learn more about the health and wellness offering.
For anybody watching from home, aspiring to be an entrepreneur – and for many who are – Shark Tank is about dreaming big, and about thinking outside the box when it comes to the business idea. Its success stories, and its many ‘don’t do what I did; do what I say you should’ moments, make the process of business seem possible.
In conclusion, the entrepreneurial spirit of the keto product presented on Shark Tank shows that innovation, passion and teamwork can make or break a business. The show inspires up-and-coming entrepreneurs while giving viewers something to look forward to each week.
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