Now that all five of the Sharks in M-Net and Telkom SA’s Shark Tank South Africa have invested in a number of diverse lcoal businesses, the gloves come off this week as they start snapping at each other in the face of brand new budding business owners.
Amongst the entrepreneurs who are brave enough to step into the tank this week are a farmer who wants to bring tech to agriculture, a young biokineticist with a unique invention to relieve pain, and two sets of entrepreneurs who are running their small businesses straight out of their homes and need capital to grow – and fast.
As usual the Sharks are not scared to let rip when faced with outlandish claims and questionable financial projections, but between all the harsh – and even sarcastic – commentary, this week’s episode will provide plenty of excellent tips for business owners who want to find out how to pitch their businesses to any investors, whether it be the Sharks, venture capitalists or banks. As tech guru, Vinny Lingham wisely puts it: “The best investments are made in entrepreneurs who are going to be successful without you, not because of you.”
To find out more about the businesses that have been featured on the series so far, especially if you’re interested in supporting them with an order or purchase, go to www.mnet.tv/sharktank or follow the conversation about the show on Twitter @MNetSharkTank with the hashtag #SharkTankSA.
Shark Tank SA, sponsored by Telkom SA, is screened on Sundays between 18:00 and 19:00 on M-Net 101. This corresponds with the timeslot on a Sunday when all DStv customers can get a taste of what’s available on M-Net 101, so if you’re not a DStv Premium customer, you can also go to channel 101 to watch Shark Tank SA. The series will also be available on DStv Catch Up and streamed live on DStv Now.