One of my favorite reality shows is Shark Tank – if you’ve been living under a rock, it’s essentially entrepreneurs who have a business venture that is in need of financial support and appear in front of a panel of “sharks,” millionaires and billionaires, who either invest in their product or tear it down. The entrepreneurs that appear often have clever or innovative ideas, plus the viewer gets an inside look on how their business ventures become funded. The “sharks” often ask difficult and fast paced questions about the entrepreneurs’ business model, patents, marketing, financial history and profitability rates. If the business shows or has shown promise, the sharks make an offer, sometimes with two sharks competing with one another, and other times with negotiations between the shark and entrepreneur. Find out more about my favorite deal, The Tree T-Pee, on Economag.