I’ve been watching ‘Shark Tank’ via hulu over the past week or so. It’s a simple show where entrepreneurs present their business to potential investors and do their best to convince them that they are worthy of their investment. Of those presenting, I see a running theme among those that fail to receive any sort of funding.
Most of the people seeking investment think their businesses are inevitable cash cows, when in reality they are worth maybe 10% of what they suggest. They are the ones who have unrealistic expectations and they end up walking away with absolutely nothing.
If I’ve learned one thing over the course of my short life it is to be realistic in not only your expectations of yourself, but of everything else in your life. It’s sad when Utopian expectations end up with these entrepreneurs blowing their big chance.