Shark Tank’ Stars Share 50 Business Tips

Focus On Profits

“Follow the green, not the dream.” — Mark Cuban

Success Requires Some Ingenuity

“You’re not an entrepreneur; you’re a want-repreneur.” — Mark Cuban

Now a “Shark Tank” catchphrase for less-than-impressive pitches, this quote from Cuban came in season three.

Be Accountable for Your Own Success

“A goal without a timeline is just a dream.” — Robert Herjavec

Many entrepreneurs work aimlessly toward their business goals for years without making much progress. By offering this advice, Herjavec encouraged small-business owners

When the Going Gets Tough, Don’t Give Up

“As an entrepreneur, you can always find a solution if you try hard enough.” — Lori Greiner

Don’t Allow Anyone To Intimidate You

“I have just as much right to be here as you. I’m just as smart as you are. You might not think I’m smart, but I know I’m smart. Guess what, I’ve done a lot. Don’t you dare look down on me.” — Barbara Corcoran

Own Your Mistakes

“If you can’t come clean and tell investors how and why you failed, that raises a red flag. They need to see that you learned from it and came back stronger.” — Daymond John

Know Your Strengths and Weaknesses

“My partners … taught me that in order to create wealth, I needed to pair up with people whose strengths compensated for my weaknesses.” — Kevin O’Leary

Don’t Let Failure Get You Down

“The difference between the real winners is how long they take to feel sorry for themselves. My winners feel it … but they come back up and say ‘hit me again.’” — Barbara Corcoran

Don’t Let Haters Get You Down

“You have to have a senseless belief in your idea and yourself — almost to the point of being delusional. Remember that everyone has advice, but no one knows what you have to go through to start, grow and scale a business until they live it. Talk is cheap, but action speaks volumes.” — Robert Herjavec

Remember That Entrepreneurial Life Equals Freedom

“I roll out of bed in the morning, whenever I want, and I work right away because, to me, that’s the life. That’s freedom.

Know That Business Comes First

“I’m not trying to make friends. I’m trying to make money.” — Kevin O’Leary

Make It Simple

“Make your product easier to buy than your competition’s, or you will find your customers buying from them, not you.” — Mark Cuban

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