Have you ever thought to yourself – maybe at some moment when you were struggling with kids’ stuff, or fixing something around the house, or even when making dinner – there must be a better way to do this?
Of course you have!
That’s why it’s so fun to watch ABC’s Shark Tank (Fridays, 9 p.m. ET/PT).
It’s a reality show, but it’s really a business show that will inspire you to tap into your inner inventor.
The way it works: People pitch ideas for things they’ve invented to the panel of “sharks,” with the hope of getting money to help push the idea forward in a bigger way.
The “sharks” are billionaire Mark Cuban, owner and chairman of AXS TV and the Dallas Mavericks NBA team; real estate mogul Barbara Corcoran; QVC business pro Lori Greiner; technology innovator Robert Herjavec; fashion and branding expert Daymond John and venture capitalist Kevin O’Leary.
ABC premiered the show in 2009, but it wasn’t until Cuban joined the panel in 2011 that it seemed to begin to really take off. This past March the show did a special kids episode. It was done in part because 11% of the viewing audience is under 25. That’s a pretty good chunk – and proof that it’s family-friendly fare.
The kid inventors included a7-year-old girl who invented a new kind of roll-on bandage and a teen who invented a bottle that infused water with hints of fruit. It was great to see the kids’ ideas being taken as seriously as any adult proposals.
Just this week, ABC News posted a photo gallery, updating a dozen of the products that have successfully been picked up by the “sharks.”
One of our favorites is Lollacup, a sippy cup with a weighted straw that makes for perfect drinking even when the cup is tilted. So simple! But so helpful. Sales have gone from $30,000 before Shark Tank to $900,000 since.
Not only is the show turning out to be a success, but many people have been able to see their great ideas become household products, meaning big success for everyone involved.
Watch it and be inspired to come up with your own great ideas!