The Shark Tank India

 

The Sony Entertainment Television (SET) latest popular reality show on the screen was the Shark Tank India. As such, SET is famed for screening the premier reality show from KBC to Indian Idol and India's Got Talent. This recent show the Shark Tank India took the Sony TV customers to different level unlike other earlier reality shows ever hosted by the firm. It overwhelmed both the young and old minds with its first ever season with 36 episodes which was premiered from 20^th December, 2021 to 4^th February, 2022. It ended too soon for many viewers like me and already anticipating its next exciting season episodes. The reality of the show itself for its short episodes is satire for both the Host and the Sharks over their respective high end business deal.

The seven dynamic Sharks in their forties made their debut in this striking business reality show as the investors/judges making the viewers already a fan for their respective personalities besides their entrepreneurial empire’s value. The Judges or investors called Sharks became the entrepreneurial celebrity overnight. The aspiring entrepreneurs present their business model or ideas to the Sharks to invest in their companies. The News media swiftly covered their growing popularity and many of the viewers must be watching the off line episodes missing the live telecast by Sony TV. Nevertheless, it’s worth watching. Now, most customers and consumers know who are the founders and co-founders of the companies and its products like Lenskart, SUGAR Cosmetics, boAt, Shadi.com/People Group, BharatPe, Mamaearth & Emcure Pharma.

These successful entrepreneurs and business tycoon of India not only rich in money but in diverse knowledge of business as an IITians to CA to TEDx spokesperson. Mr. Ashneer Grover of BharatPe is admired by many for his straight and forward negotiation with the aspiring entrepreneurs. While some entrepreneurs and other sharks didn’t like his approach for being so blunt and harsh sometimes. It went to the extent that he lost to his fellow Sharks competing for the deal despites his lower equity share stake offer to the entrepreneurs. This loss was the result of his too straight comments on the products or business ideas denial because the entrepreneurs not only wanted the financial support but equally good social relation in the team.  He was serious and vocal most of the time. The only time he was seen (as many felt) cool and laughing was at Kapil Sharma Show when the Sharks were invited by Kapil. However, he had some soft corner for struggling young entrepreneurs with free shares equity and loan.  

Likewise, the other Sharks had their own charisma of personality with their respective business background. The witty and nifty to satire Anupam Mittal to cool and humorous Aman Gupta and Peyush Bansal to three empathetic ladies Sharks- Vineeta Singh, Namita Thapar, Ghazal Alagh won the hearts of millions. The three ladies Sharks were inspired by many women entrepreneurs and signed the business deals despites the lack of success surety to encourage the women in this men driven society. This is something an interesting investment. While the men Sharks invested only in the business ideas that they were impressed at for assured success. This is how differently we men and women perceive things in real life business too.

The common thing I noticed in them irrespective of gender was they declined to invest if there are more numbers of family members’ partnership or shareholdings in the company. The reason was simple that no business goes good along with more family members. This reason still doesn’t give me an answer to my perception.  To me family members are the closest and trusted partner we can have in any business. But yes, it is the sad reality that we don’t trust them in business because money is making us selfish. The world would be better place to live in if business were done not only for money but for supporting each other with integrity, love and compassion.  

However, Mr.Peyush Bansal finally became my favorite Shark after his offer to the young innovative farmer who is known by his nick name Juggadu Kamlesh (Kamlesh Nanasaheb Ghumare) of Malegaon in Maharashtra. His brilliant and energetic presentation of his product impressed all the Sharks and it was unquestionable deal moment at first. Every Shark was captivated by his strong will power when he shared he took seven years to build the very prototype of his dream company K G Agrotech. He was applauded for his innovation without any engineering background and his only goal to supply this simple affordable three tyred pesticide spray carrier rickshaw to the poor farmers across India. But, each Shark started withdrawing with an excuses of helping this nervous yet contended young man with crowd funding assistance. He was even asked why he can’t work under some companies with his skills and his answer again stuns the Sharks. He says, “I will have to depend to the company and a farmer never depends”. He was pushed to the extreme that why he didn’t apply the loan. To this, he again makes Sharks silent adding who will give the loan? The voice of Peyush breaks the silence with the generous offer to this young man. He invests 10 lakhs for 40% equity against the offer of 10% equity in 30 lakhs investment in young man’s company.  The reaming 20 lakhs, he gives as a loan with 0% interest. This young man can refund the loan from the profits he makes in his products in any undefined installment period. Isn’t this is amazing?

Thus, this is an interesting reality show everyone should try in the next season. This reality show gives everyone the mindset from young age to become successful entrepreneurs in future. We hurry in life to get a decent job and slowly realize that if I had ever started something a decade ago on my own? Everyone dreams for owning a big business but no one dares to take a risk to invest in it. The young entrepreneurs will boost the private sectors for the country’s economy in future. This show is in fact the Institution of Entrepreneurs I would call it.

Picture source: www.readersfusion.com