Shark Tank, the TV show about entrepreneurs seeking investors, is just one of a growing trend of programs that show new innovative ways to grow jobs in America.
The show is divided into three segments, each with an entrepreneur pitching his business to the “sharks” — Robert Herjavec, Barbara Corcoran, Kevin O’Leary, Daymond John and Mark Cuban. The negotiations are real, so we get to watch the process by which investors determine whether the entrepreneur’s business is worth the asking price.
By watching the show, we learn key lessons for any start-up seeking funding, including how to estimate the value of your company and ask for the right ratio of investment to ownership, as well as when to get a patent, a licensing agreement, or a distributor.
Shark Tank has been on ABC for a few seasons — however this year it’s becoming part of an emerging trend: supporting the U.S. economy by creating jobs in America. Several of this season’s entrepreneurs insisted on manufacturing their products in their home towns, even though manufacturing is cheaper overseas.
Also leading this trend to bring jobs and hope to the people in this country is a series of reports on ABC World News with Diane Sawyer called, “Made in America“. The stories, and the website, show us where to find goods already made in America, and inspire us to switch out our imports for products that brings jobs home.
Stories like these in the media help to create a new national narrative, one in which people are being called to help others by providing jobs and hope and growth and opportunity – rather than being driven by profits at any cost.