After years of running my business from my kitchen table…I decided to give myself a promotion. Before becoming a Shark Tank Entrepreneur, a vague memory of a promotion in corporate America meant a corner office with a view. In a work from home mom’s world (WAHM) it meant moving my papers, computer, files and self to my dinning room. I would never again have to pack up my mobile office each night to serve dinner! I had arrived!
Last year I had the good fortune of being selected to appear on ABC’s Shark Tank. National exposure got me out of the kitchen and forced me to look at my business like a shark.
Shark Tank Entrepreneur Tips:
1. Get Out of the Kitchen
Meet other entrepreneurs for lunch. Tell your neighbors about your business. Network with other enthusiastic entrepreneurs. You might find out that your business is more impressive than even you thought. I personally had no idea that selling 30,000 books from my kitchen without the backing of a nationwide publisher was an amazing feat. I was prepared to defend my sales to the investors (sharks), but they stopped me in my tracks…no need to defend…it was time to be proud.
2. Surround Yourself with Dream Keepers
Spend your time and share your ideas with friends and relatives that believe in you. It is hard enough to be an entrepreneur. A positive attitude supported by positive people will bring positive results.
3. Outsource
Most of us try to do everything: bookkeeping, marketing, writing, social media, oh and did I mention… run a family. It is impossible to be effective in all areas at the same time. Hire help on an as needed basis. Even 1 hour a week of help can be rejuvenating and allow you to focus your talents where they are most needed.
4. Have a Business Plan
We all dread the business plan. I practically cried (OK, I cried) while writing mine, but it opened my eyes and helped me to see where my focus was needed in order to grow my business and live my dream.
5. Over-Prepare
If you are speaking, going to a bank or investor, or pitching in any way… be prepared. I learned that when you think you are over-prepared you are barely prepared. Many of us think our passion is enough. Passion will get you in the door but you better be ready to back it up with hard-core numbers. Sharks get hooked by numbers.
And that’s how it is when you get out of the kitchen!
More Information about Lori Lite on Shark Tank
Stress Free Kids founder Lori Lite is a freelance blogger, social media strategist, parenting expert, and successful entrepreneur. Her line of books and CDs are designed to help children, teens, and adults decrease stress, anxiety, and anger. Ms. Lite’s books, CDs, and lesson plans are considered a resource for parents, psychologists, therapists, child life specialists, teachers, doctors, and yoga instructors. Lori’s award winning books received national attention on Shark Tank and her sort after accessible tips have been featured in hundreds of publications to include: CNN Living, Real Simple Magazine, USA Today, Family Circle, Working Mother Magazine, and Web MD. For more information visit Stress Free Kids and for daily advice follow Lori on Twitter and Facebook.