Shark Tank Application: Tips, Examples, and Open Call Guide

Are you an entrepreneur with a great business idea or product? Have you ever dreamed of getting your business in front of the Sharks on ABC's hit show Shark Tank? If so, you may be wondering how to get on the show.

There are two ways to apply: online or in person at an Open Call.

1. To apply online, you'll need to fill out an application on the official Shark Tank website. The application will ask for details about your business, including your revenue, profit margins, and expenses.

2. If you prefer a more in-person approach, you can attend an Open Call.

This is where you'll have the opportunity to pitch your business idea or product directly to a member of the Shark Tank casting team, just like you would on the show.

To apply at an Open Call, you'll need to download and complete a Short Application, which can be found here.

You'll need to bring the completed application with you to the Open Call, along with any props or equipment you may need to showcase your business.

All Open Calls are open to the general public, but be sure to arrive during the allotted "Wristbands Distributed" time to receive a wristband and a chance to pitch.

While there's no need to camp out the night before, there may be a long wait before you're seen, and the casting team may interview well into the evening, so be prepared to wait.

Next Open Call Event:

FRIDAY, JULY 7TH - SALISBURY, MD
WOR-WIC COMMUNITY COLLEGE - THE HAZEL CENTER
32000 Campus Drive
Salisbury, Maryland 21804
9AM to 11AM – Wristbands Distributed
10AM – Interviews Begin

Here are some tips to help you prepare for the pitch:

• Have a solid business plan: Before applying to Shark Tank, make sure you have a clear understanding of your business model, market potential, and financial projections. The Sharks will want to see that you have a solid plan in place for the future of your business.

• Practice, practice, practice: The more you practice your pitch, the better you'll be able to deliver it under pressure. You should be able to recite your pitch in your sleep!

• Know your numbers: The Sharks are going to want to know your financials inside and out. Be prepared to answer any question they may have about your revenue, profit margins, and expenses.

• Be confident: Confidence is key when it comes to delivering a successful pitch. Believe in your business and be prepared to defend it against any criticisms or objections the Sharks may have.

• Be yourself: While it's important to be professional and polished, don't be afraid to show off your personality and let your passion for your business shine through.

• Research previous successful pitches: Take some time to watch past episodes of Shark Tank and study the successful pitches. This will give you an idea of what the Sharks are looking for and how to craft a successful pitch.

• Be patient: The application process for Shark Tank can be long and competitive. Don't get discouraged if you don't hear back right away or if you're not selected to appear on the show. Keep working on your business and exploring other opportunities for growth.

Examples of Successful Shark Tank Pitches

There have been several kidpreneurs who have appeared on Shark Tank over the years. Here are some examples:

1. Moziah Bridges - Mo's Bows Moziah Bridges appeared on Shark Tank in 2014 when he was just 12 years old. He pitched his business, Mo's Bows, which sells handmade bow ties.

   Moziah started the business when he was just 9 years old and had already sold over $200,000 worth of bow ties by the time he appeared on the show. He secured a $50,000 investment from Daymond John in exchange for 20% equity in the company.

2. Mikaila Ulmer - Me & The Bees Lemonade Mikaila Ulmer was 11 years old when she appeared on Shark Tank in 2015. She pitched her business, Me & The Bees Lemonade, which is a line of lemonade sweetened with honey instead of sugar.

   Mikaila started the business when she was just 4 years old and donates a portion of her profits to organizations that help save bees. She secured a $60,000 investment from Barbara Corcoran in exchange for 25% equity in the company.

3. Ryan Kelly - Ryan's Barkery Ryan Kelly appeared on Shark Tank in 2016 when he was just 10 years old. He pitched his business, Ryan's Barkery, which sells all-natural dog treats.

   Ryan started the business when he was just 8 years old and had already sold over $25,000 worth of treats by the time he appeared on the show. He secured a $25,000 investment from Daymond John in exchange for 25% equity in the company.

4. Henry Burner - Henry's Humdingers Henry Burner was 12 years old when he appeared on Shark Tank in 2014. He pitched his business, Henry's Humdingers, which sells flavored honey.

   Henry started the business when he was just 11 years old and had already sold over $25,000 worth of honey by the time he appeared on the show. He secured a $300,000 investment from Mark Cuban in exchange for 75% equity in the company.

👉DOWNLOAD SHARK TANK YOUTUBE LIST FEATURED KIDS HERE👈

These young entrepreneurs are an inspiration to anyone who dreams of starting their own business, regardless of their age.Conclusion

While getting on Shark Tank is no easy feat, it's certainly possible if you have a great business and are willing to put in the effort to prepare for the application, open call interview, and pitch.