Behind the Scenes of Shark Tank Nepal: A Sneak Peek into the Show
Shark Tank Nepal has captured the attention of entrepreneurs and viewers alike by offering a platform for Nepali startups to pitch their ideas to a panel of high-profile investors, affectionately known as the “sharks.” Since its debut, the show has transformed how startups are perceived in Nepal, giving entrepreneurs the chance to showcase their business models, secure investments, and, in some cases, change their lives forever. But what goes on behind the camera?
In this blog, we take you on an exclusive behind-the-scenes tour of Shark Tank Nepal. From the preparation required for a pitch to the intense selection process and filming, we dive deep into what it takes to bring this dynamic business reality show to life.
1. The Casting Process: Finding the Right Startups
Before any entrepreneur can step onto the set of Shark Tank Nepal, they need to make it through a rigorous casting process. The show’s production team carefully screens applicants to ensure that they have a viable business idea with potential for growth.
How it Works:
Entrepreneurs must first submit an application form, which includes details about their business, the product or service they offer, their financials, and their goals. The casting team reviews each submission to shortlist entrepreneurs with compelling stories and strong business models.
Real-Life Example:
One startup that made it to the show had a unique product—Nepali-made sustainable backpacks. The founders went through multiple rounds of interviews with the show’s producers before making it to the pitch stage.
Why This Matters:
Casting is a critical part of the show, as the selection process ensures that only high-potential businesses are featured. The right mix of products and services adds to the drama, excitement, and value of Shark Tank Nepal.
2. Entrepreneur Preparation: Perfecting the Pitch
Once selected, entrepreneurs are given ample time to prepare for their big moment in front of the sharks. The preparation process is intense and requires entrepreneurs to refine their pitch, product, and business plan.
How it Works:
Most entrepreneurs spend weeks perfecting their pitch, rehearsing their presentation, and creating business projections. Entrepreneurs must present their business ideas clearly and confidently to make an impression on the sharks, who are known for their tough questions and high expectations.
Real-Life Example:
A local eco-friendly product startup took part in the show and spent several weeks practicing their pitch, which included refining their product samples and creating financial projections. They even worked with business mentors to fine-tune their presentation skills.
Why This Matters:
The preparation stage is critical to the entrepreneur’s success. The better an entrepreneur’s pitch, the higher their chances of securing funding or even multiple offers from the sharks. Shark Tank Nepal pushes entrepreneurs to be meticulous in their approach, ensuring that their ideas are well thought-out and scalable.
3. Filming the Show: A Glimpse into the Set
Once entrepreneurs have perfected their pitch, they head to the studio for the filming of their segment. The set of Shark Tank Nepal is designed to resemble a sleek, modern business environment that reflects the professional tone of the show. The sharks sit in their iconic chairs, with a glass table separating them from the entrepreneurs.
What Happens on Set:
- Lights, Camera, Action: The camera crew works tirelessly to capture every angle of the pitch, with multiple cameras covering the action from different perspectives.
- The Sharks in Action: The sharks listen intently to each pitch, ask tough questions, and negotiate terms. Sometimes, the discussions can get heated as the entrepreneurs make their case for investment.
- The Pressure: Entrepreneurs often feel the weight of the moment as they present their ideas to some of the country’s most successful businesspeople. This pressure adds a layer of excitement to the show, both for the participants and the viewers.
Real-Life Example:
In one episode, a food-tech startup pitched a business model centered around organic snacks. While the entrepreneurs were initially confident, the sharks challenged them on their margins and scalability. The tension in the room was palpable as the entrepreneurs had to answer difficult questions while maintaining composure.
Why This Matters:
The filming process is where the magic of Shark Tank Nepal happens. Entrepreneurs face the sharks under intense scrutiny, and viewers get to watch real business discussions unfold. It’s a true test of the entrepreneurs’ resilience, quick thinking, and ability to handle pressure.
4. The Role of Mentorship: Beyond the Investment
While many people think of Shark Tank Nepal as primarily a funding platform, it’s much more than that. The sharks serve not only as investors but also as mentors who can help entrepreneurs grow their businesses.
How it Works:
Once an entrepreneur secures an investment deal, they are paired with a shark who becomes their mentor. These mentors provide valuable guidance on strategy, marketing, operations, and scaling the business. Some sharks even leverage their networks to help entrepreneurs find suppliers, partners, or new customers.
Real-Life Example:
A startup offering sustainable fashion products in Nepal secured a deal with one of the sharks and has since received continuous mentorship. The shark has guided them on product development, marketing strategies, and even introduced them to high-profile fashion influencers.
Why This Matters:
The mentorship aspect of Shark Tank Nepal is one of the show’s most powerful features. The sharks are not just investors—they are seasoned businesspeople who want to see the businesses they invest in succeed. This ongoing support is invaluable for entrepreneurs navigating the complexities of scaling their businesses.
5. The Post-Show Impact: Building a Long-Term Relationship
After the cameras stop rolling and the deals are made, the work doesn’t end. Entrepreneurs continue to collaborate with the sharks, and the show’s production team follows up to track the progress of businesses that secured investment. Many entrepreneurs have credited the show with giving their businesses a major boost in terms of credibility, visibility, and growth.
Real-Life Example:
A tech startup offering software solutions for Nepali farmers had been struggling with visibility before appearing on Shark Tank Nepal. After securing an investment, the startup’s business grew exponentially, receiving partnerships with local government organizations and NGOs.
Why This Matters:
The post-show support is crucial for entrepreneurs to implement the ideas and strategies discussed on air. The funding is just the beginning of a long-term relationship between the sharks and the businesses they invest in, helping these businesses navigate the ups and downs of entrepreneurship.
6. The Show’s Legacy: Inspiring Future Entrepreneurs
Shark Tank Nepal has sparked a movement, inspiring a new generation of entrepreneurs in Nepal. The show has created a platform where individuals can see that success is possible through hard work, innovation, and the right support. The visibility of successful entrepreneurs, paired with the mentorship and exposure provided by the sharks, has motivated countless individuals to pursue their business ideas.
Real-Life Example:
The success stories of companies like Nepali eco-friendly startups and tech innovators who appeared on the show have inspired thousands of young entrepreneurs to pitch their ideas to investors. The impact of Shark Tank Nepal extends far beyond the participants; it’s fueling the entrepreneurial spirit throughout the country.
Why This Matters:
Shark Tank Nepal has helped redefine the entrepreneurial landscape in Nepal, showing that even small businesses and startups can achieve big dreams. The ripple effect of these success stories encourages aspiring entrepreneurs to take the plunge and pursue their passions.
Conclusion
Behind the scenes of Shark Tank Nepal lies a carefully orchestrated process designed to ensure that both entrepreneurs and viewers get the most out of the experience. From casting and pitch preparation to filming and mentorship, every aspect of the show plays a crucial role in shaping the future of Nepal’s startup ecosystem.
If you’re an entrepreneur with a business idea, Shark Tank Nepal provides the perfect platform to bring your vision to life. With the support of the sharks and the exposure the show offers, your startup could be the next success story.
Are you ready to take your business idea to the next level? Follow us at Influencer Nepal for the latest updates on Shark Tank Nepal, entrepreneurship, and the startup scene in Nepal.instagram
