In the Shark Tank, Reality TV

In the Shark Tank, Reality TV review
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In the Shark Tank, Reality TV review
One of the entrepreneur scenarios in the Shark Tank reality show represents an investor who comes up with designer handbags that the buyers would not need to open to recognize their callers anytime their phone rings in the bag. According to the entrepreneur, the bag is made to save time because one will not need to open it whenever they receive calls and they can alternatively choose whether to pick or ignore the calls before indulging in the hustle of identifying the caller. In this case, people can operate their phones from outside the handbag. On the other hand, the entrepreneur requested for an investment of $25000 in the exchange of 2.5% of the company selling the bags once the investment kicks off (ABC News, 2009). Although the amount of money at stake is high, the return on profit is ideal and the in Shark Tank might realize the viability in the idea. However, the opinion of some members of the organization may not support the idea, resulting in rejection of the investment.
Although the idea seems viable and ideal for most people in the population of potential buyers, the capitalists at Sharks prove dissatisfaction with the presentation. First, one of the potential investors thinks that the bag is not fashionable and it would not reach the market expectations by the original investor (ABC News, 2009). According to her, most people will not like the design of the handbag. Hence, the investment might lead to an absolute loss if they do not get the anticipated buyers for the product. Also, another capitalist thinks that the lady is taking them for granted since the handbag might not have the given specifications. "Do you think I am an idiot (ABC News, 2009)?” the capitalist posed this question to the lady, proving his disapproval towards the idea. The entrepreneur is not shunned off and she takes a bold step to explain how the machine in the handbag works. However, a third capitalist does not like the idea that the lady is offered time to explain the procedure since he thinks that they do not have any interest in what she has to say and all that matters is the business investment in question (ABC News, 2009). Hence, the Sharks might not have been willing to support the idea.
I do not agree with the reaction of the Sharks and if I were in their po...