Tag Archives: Entrepreneurial Journey

Requests for Mentorship

I feel flattered every time that someone contacts me to ask if I will mentor or coach them… I’m involved with a number of programs where I can support start-ups and entrepreneurs on their journey – but, literally, I do not have enough hours in the day to meet the requests that I have to mentor people one-on-one. My Shark Tank invested companies get one-on-one mentoring as part of being successful on the program – this could be a way…

10 ways to be brave enough to ‘Seize the Day’

Naomi Simson

It is one thing to say ‘Seize the Day’ – but it is another to actually do it. I (probably like most other people) if I am really faced with a challenge then I want to hide under the bed covers and ‘hope’ it will go away and all of a sudden life will get easier – and I will have a happy existence. This, however, is never the case. I know that for myself when I  (and especially together…

5 things I was looking for in the pitches on Shark Tank Series 2

After every episode, the social team from Channel Ten have been diligently updating the leaderboard outlining which shark is making which offer and the amount that each of us has invested in the start-ups. There is much more to what this leader board says – it is not about what we spend but what we think is our potential for return. Each shark has different skills, talents, networks and experiences – whenever someone walks into the tank (remember we know…

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 Series 2 Episode Ten on TEN

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This episode is all about customer experience and customer promise – whilst what is presented to us differs vastly in terms of customer groups, markets and audiences – the fundamentals of brand promise remains the same; Does the customer believe that ‘you will do what you say you’re going to do?” Intelliweed - As a ‘would be’ green thumb myself, I know that whenever I start to grow something weeds pop up and keep popping up – as soon as I…

Why pitching is storytelling with facts

I was asked last week, in an interview as part of the ANZ Business Ready program at #IdeaNation hosted by B-School, what makes a great pitch. Even though a third of my new book Ready To Soar is dedicated to answering that question, I think there is one element that appeals to me most and that is how well the ‘pitcher’ engages with the listener. All of us in small business pitch for one reason or another. Whether it is…

Shark Tank Australia Series 2 Episode Nine on TEN

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  Another magical episode of Shark Tank Australia – exploring what it takes to turn an idea into a business. This episode we have many seasoned entrepreneurs that are looking to supercharge their businesses with the help of a shark or two. New age store – Jen has a ‘set and forget’ business with a recurring online income produced with her tarrot card reading site New Age Store – her profits are good, her web traffic outstanding, and she only…

Shark Tank Australia Series 2 Episode Eight on TEN

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“Is this a dream or a nightmare?”  This is what we set out to discover in this episode of Shark Tank – clearly I am incredulous about something – the joy of discovering is not lost on even battle worn one’s like me. There was the inspired, the ingenious, the innocent, the inventor and perhaps the idiotic; we cover so much ground in just one episode. What we continue to love about the program is it’s diversity of ideas and…

Shark Tank Australia Series 2 Episode Seven on TEN

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Your Closet - For Millennials young women who want to wear designers formal dresses (and then send them back for another one).  – the allure of “no ownership” is moving beyond housing and cars and has transformed retail shopping entirely. Gone are the days where you save your weekly pay for the expensive shop window beauty you’ve pined for that will look stunning at your formal – now you have the choice of renting a designer dress for a fraction of…