Television is fascinated with entrepreneurship. Several shows are captivating audiences by focusing on the ins and outs, the ups and downs, the hurdles and successes of small business owners trying to make it in America.
The best part is that you and other entrepreneurs watching at home, can learn a whole lot from the mistakes and gains others have made. Here’s a list we’ve compiled of the best TV shows for the aspiring entrepreneur.
After its debut in 2009, Shark Tank has helped entrepreneurs’ dreams come true. Business owners in need of cash come to the tank to pitch their idea to a group of self-made millionaire entrepreneurs, giving up a certain amount of equity in exchange for a sum of money. Throughout the pitch, the sharks ask questions, offer insight, and sometimes crush dreams. For those lucky entrepreneurs who score a deal with one or more of the sharks, they’ve gained a valuable business partner. Many of these businesses go on to achieve impressive levels of success with the help of the sharks. Even those entrepreneurs who don’t walk away with a deal gain some valuable knowledge into the business world. The show has brought sharks such as “Mr. Wonderful” (Kevin O’Leary), Barbara Corcoran, Mark Cuban, Lori Greiner, Robert Herjavec, and Daymond John to new levels of fame.
This show focuses on the hardships, the obstacles, and the grueling hard work of rescuing a business on the verge of closure. Marcus Lemonis, a serial entrepreneur worth millions, seeks out promising but struggling businesses and invests his own money, hoping to save these entrepreneurs and get them back on the right track. He has invested over $23 million on The Profit thus far. This show is especially superb for those viewers who are currently struggling to save their own businesses. They can learn a lot from Lemonis.
This reality TV involves contestants competing for a job, based on their business acumen. At the end of the show, one contestant will earn a position in one of the organizations run by the show’s host. Previously, the program was hosted by Donald Trump. There is a lot on the line, and the show is an interesting—albeit dramatic—look into the inner workings of the business world. This is the show that spawned Trump’s infamous catch phrase: “You’re fired,” which he says at the end of every episode to the eliminated contestant.
Even shows that don’t focus on business can teach you more about running one. On this show, people make decisions about large purchases. It’s a great look at how successful business owners may gain the attention of possible consumers, and turn a lead into a buy. The show will give you a sense what potential buyers are thinking before they make a significant purchase. That’s something all entrepreneurs can learn from.
It may be scary for business owners to think about, but it can be hard to say just what your employees are thinking and doing on a daily basis while they work for your company. The premise of this show is exactly that: high-ranking corporate execs secretly take an entry-level job within their own companies to find out what employees are really doing. It’s a wake-up call as to how little you know about what goes on outside of the comfort of your executive office.
Enjoy a little down time and turn on the TV—you just might learn a thing or two from other entrepreneurs, and you’ll know not to make the same mistakes they’ve made. For more guidance on becoming the best business owner you can be, visit our website at www.biz2credit.com.