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The Shark Tank Test
Manage episode 418228702 series 3482081
Indhold leveret af Jeff Sauer and Chris "Mercer" Mercer. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Jeff Sauer and Chris "Mercer" Mercer eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Topics Covered In This Episode
- Shark Tank Evaluation: Exploring the "Shark Tank test" for businesses, focusing on the crucial elements of elevator pitches and valuation.
- Assessing Investment Potential: Jeff and Mercer delve into whether their businesses could attract investment on Shark Tank, contemplating the feasibility of garnering bids from multiple sharks.
- Entrepreneurial Reflection: Evaluating business potential through the lens of Shark Tank's investment process, Jeff reflects on his own entrepreneurial journey and market viability.
- Balancing Goals: Wrestling with the dilemma between lifestyle preferences and aspirations for growth, Jeff acknowledges the need for mindset adjustments to align with business objectives.
- Niche Market Challenges: Mercer and Jeff discuss navigating the digital product landscape and simplifying elevator pitches, despite the complexities and competition inherent in the digital marketing niche.
- Business Models and Growth Strategies: Exploring the dynamics between the "wagon wheel" and "race car" business models, Jeff shares insights from his Shark Tank experience and efforts to refine his business model for investment readiness.
Have a question or feedback about Business Unfiltered. Record an audio message https://s.bcast.fm/business-unfiltered-with-chris-mercer-and-jeff-sauer?episode=2n61pk18
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