Watching television can be a monumental waste of time. You have heard it all before. It rots your brain. It makes you fat. However, if you watch the right shows, and know what you are looking for, it doesn’t have to be that way. Would you believe that TV shows can actually offer multiple lessons for entrepreneurs?
This list is not all inclusive, and some of it is pretty predictable though no less useful. There are likely a few surprises included as well.
Perfect Pitch and What Makes a Successful Product
There are actually a couple of shows that can help with this. The only real difference is the country in which it is originally aired. “Shark Tank” may be an obvious pick for this lesson, but the Asian rendition, “Dragon’s Den,” offers the same lessons on a different level.
The lesson about how to give a successful pitch may seem obvious, but it shouldn’t be discounted. Pay attention to what is included, and not included, in those pitches that find successful funding. Pay attention to the types of products that fair well also. Most of the best are those that cannot be replicated. If there is already a patent in place, that is a good thing.
The Importance of How You Treat Employees
“Under Cover Boss” is the best for this lesson and a few more, like be careful who you trust. Seeing how employees respond to how they are treated by their bosses offers priceless lessons on treating employees fairly. It also makes it much more clear that making good hiring decisions is vital to business success.
How Incubators Work
“Tech Stars” follows businesses through the tech incubator process, and while the show does focus on tech, there are valuable lessons to be had related to incubators in general. It isn’t always necessary or worth it to use one, but many do find success in the process. Watching how it works for others can give you an idea of how and if and incubator would work for you and your business.
The Ins and Outs of the Manufacturing Process
“How It’s Made” is full of lessons on the manufacturing process. Even if you are not in the manufacturing business, there is something about recognizing the complexities of producing even the simplest products that is eye opening.
Of course, you can’t learn everything you need to know about entrepreneurship and running a business from TV, but what can be learned is valuable. The key is carefully choosing which shows to glean your lessons from, and paying attention to what is really happening.
Biz2Credit can help you as you learn. Our network of lenders offers financing products for each step, from startup to expansion, and anything that may come along in between. Visit Biz2Credit.com today to find out more.