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Updated by Chris Westfall on Feb 18, 2017
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Shark Tank Secrets

Never do any of these things in front of investors. If you pull one of these moves, the Sharks will eat you alive!

Source: http://westfallonline.com

Add in a nice fat salary to cover all the time you've invested in your idea

Your background and your accomplishments are an investment in your business. Not a line item on the balance sheet.

Go "Back to the Future": Act like a wild-eyed inventor with no business sense

Maybe you need the Elevator Pitch for Dummies - but, if you're talking to investors, you can't afford to come off like a dummy. Don't fall in love with your technology - even if you do have the next Flux Capacitor!

Pitch the market, without a marketing plan: it doesn't matter how big the market is. "Word of Mouth" is not a strategy.

Here are three words that can transform the conversation, when it comes to describing the market and your plans within it.

Overvalue your own talent: the Sharks have run multiple businesses before. Why wouldn't they just run yours?

Your innovative solution has to include a clear-headed approach to your contribution.

Prepare for rejection: expect that someone (maybe everyone) is going to say no.

Any journey requires preparation, and the path to yes could involve multiple stops at "no".

Keeping it close to home: Do you absolutely have to make your product in New Hampshire?

Here's how to write out your solution - hopefully, your story starts with an open mind, when it comes to the bottom line. And: There's nothing wrong with New Hampshire! (that's just an example)

Bring a knife to a gunfight. And get caught in a Sharknado.

Who's your coach, when it comes to the investor pitch? Check out what Bloomberg's Jeffrey Hazylett has to say. Here's his new 118 Pitch Course - a resource that can help you to pitch anything to anybody.