Daymond discusses Shark Tank, the impact of Social Media, and being an entrepreneur on CBS Atlanta.
It was a packed house at N’DIGO Magazine’s Business Breakfast. .. This is what you see when you’re on standby backstage right before you sit in the hot seat where every person in the room listens to every word you say, judging your every word for the next hour.
As you’re waiting to be introduced, you take a good look at your crowd and you naturally think, “Most of the people in the crowd are here to be inspired by me and show me love. Several are here to get to know me; maybe a few of those people hate hate me, or even worse—plotting to destroy me!” At least that’s what I am told by some entrepreneurs I consult. Understandably, the pressure of public speaking can sometimes lead your thoughts elsewhere!
Can you handle it?
Think about it, public speaking is just like being an entrepreneur—the world of Business is your audience … a bigger version of this audience! If you look at it this way, then this should help you overcome your fear.
When it’s time for me to take the stage I am fearless. Why? Because when I’m telling my story about my business, it’s my business. Nobody can object to my story because I was the one who lived it. And that’s the mindset you need to have about your business when you choose to showcase it to the world. Know the details—the good, the bad and the ugly—about your world so that nobody can object; they can criticize, but they cannot object.
You often see people get deals on Shark Tank because they have an answer for absolutely every question we throw at them, even if we don’t like the answer.
Know your business honestly inside out, so when you’re stage telling your story, you’re telling your story, and the audience will have no other choice but to respect you.
Surviving the ‘Shark Tank’: Talbott Teas Grows its Brand From Hit TV Show
By Kate Rogers
Any entrepreneur knows building a brand can be brutal. On ABC’s hit show Shark Tank entrepreneurs put their companies and innovations to the test in front of investors, or “sharks,” to see just what they’re made of.
Shane Talbott and Steven Nakisher were avid fans of the show when they decided to try their luck at landing a chance to pitch to the sharks. Their Chicago-based company, Talbott Teas, had been featured on the Oprah Winfrey show, QVC, and the tea was being sold online and in department stores across the country.
But, the duo needed cash to fund their inventory.
“We had been open since 2003, but found ourselves looking for financing,” Talbott, 40, said. “We were hitting a brick wall with every bank and financier, and needed money to fund our inventory—we couldn’t do it out of pocket anymore.”
After nine months of trying, Talbott and Nakisher, 43, found themselves taping the show in June 2011. All those nights spent watching the show certainly paid off, Talbott said, as they knew what to expect once they landed in front of the camera in front of investors Barbara Corcoran, Daymond John and Kevin O’Leary.
» Read the full story on FOX Business