A few catchwords and phrases have emerged from Shark Tank SA and one of the most popular is "know your numbers". Emphasised time and again by the Sharks, it's a lesson viewers have taken to heart.
There are seven numbers you need to know when making a pitch: revenue, costs, debt, inventory, expenses, valuation, and projections. If you don't know these, you might get any of the following reactions from the Sharks:
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Will the next round of entrepreneurs know their numbers? Find out on Sunday at 18:00 on Shark Tank South Africa on M-Net.