Shark Tank Lessons

Shark Tank Psychology:

1. Your previous experience will be a form of prejudice against you. “I won’t give you the money, you’ll expand quickly AGAIN”
2. Emotions won’t get you there. Past success, present success, present competence and potential for future success, and present intelligence WILL.
3. Pricing Elasticity, when you have more demand than you are able to supply you can RAISE the price