Tag Archives: Business Growth

What ever happened to….

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We all love a success story; now I find quite regularly that the first question that I get at speaking engagements is “whatever happened to the businesses you invested in as part of Shark Tank?” When we are on set – I am looking for not just the business idea, and does it meet with industries or trends that I think are in a growth phase, but also the entrepreneur themselves… are they cut out for this very long journey….

How to add $100,000 to your bottom line

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We have never lived in a more ‘abundant’ time – despite the fact that there are more than 7 billion people on the planet – we have ‘more’ now than ever before in history. We are at the beginning of incredible social changes such as  ‘dematerialization’ and ‘demonetization’. A book called ‘Abundance’ by Diamandis and Kotler – one i could not put down and the sort of book I want to read with my teenagers – explores these ideas. The…

Shark Tank Australia Series 2 Episode Thirteen on TEN

Perhaps the producers have saved the best until last – each one of the businesses in this episode has been built for scale. They have significant revenue and are out of the start up phase. All of them have come to seek Shark experience to truly Scale their businesses. Whilst I should not have favourites – this was probably one of the most exciting and interesting episodes to be a part of. It shows the diversity of markets, the scale…

Shark Tank Australia Series 2 Episode Twelve on TEN

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Pentablock - The pitch for this product was instantly impressive – claiming that it is 49x faster than the work of your average stonemason. Pentablock is a unique interlocking vertical construction block system, featuring a patented design, the result of years of research to create a “dry stack” system. As with all investments, the Sharks became very interested in how the patent was approved and what the patent was for exactly. Often entrepreneurs overlook the importance of ensuring all the checks…

Shark Tank Australia Series 2 Episode Eleven on TEN

This is a great episode to observe how co-founders work together – all bar one of the pitches have several people pitching – and Tommy who is the only solo founder tonight is well surrounded by advisors and mentors – some of whom have an equity stake in the business; great to watch their interplay. Choosing a business partner for the strengths that they bring to the business – is fundamental to its success… choosing someone because they’re your spouse…

Shark Tank Australia Series 2 Episode Five on TEN

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Here are my notes that I took on set during the filming of Episode Five. If there is a word to describe this episode, it would be #Courage. All entrepreneurs by nature must be courageous – but may show it in different ways. All the businesses we see tonight have grand plans for growth – but all believe that they would do much better with the experience of a shark to help them reach their aspirations sooner. It also takes…

Start Up businesses #ReadyToSoar: April

One of the wonderful things about being a ‘Shark’ on Network TEN’s Shark Tank (catch us on Sunday’s at 9:00pm on TEN) is that I have many people present their business ideas to me – not always pitching for investment, often they are seeking advice or direction. The thing I can do is to support these businesses by letting other people know how great they are – so once a month I will give you a selection of some of the great…

The Questions You Should Ask Yourself Before Starting a Business

This is an excerpt from my new, soon to be released, book Ready to Soar. Perhaps you have an idea or a vision for a business, or you simply want to be your own boss. You want to be an ‘entrepreneur’, lead a business, create something truly worthwhile and valuable. You want to make the world a better place. In fact the five biggest reasons why people think they want to start a business are: I want to do what I…

The entrepreneurial journey is a long and personal one

I saw the movie ‘The Intern’ with Anne Hathaway and Robert De Niro in the cinema when it came out late in 2015. It brought tears to my eyes… Then my mother, returning on a Qantas flight, watched the same movie a few weeks ago and she called me to ask (tongue in cheek) if I had been ‘writing screen plays’ in my spare time because there was similarities to my own life in the film. Then a fellow female…

The power of crowds vs the power of many.

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The power of ‘crowds’ has taken hold over recent years. Crowdfunding, crowd reviews, crowd sourcing – though we are seeing a little less crowd ‘surfing’ than we used to. But rather than crowd – the real question is the power of many. When I look at businesses that come into Shark Tank  – or anybody that approaches me with a ‘great idea’ (and they look at me expectantly to determine if ‘I have the answer’ which I don’t) – the…