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MSBIZ – Marketing, Coaching, and Strategy

Business Coaching and Marketing Strategies to Accelerate Your Growth


Episode 103 — 5 Powerful Lessons from Shark Tank Every Woman Entrepreneur Should Know

5 Powerful Lessons from Shark Tank Every Woman Entrepreneur Should Know

If you’ve ever dreamed of pitching your idea to Mark Cuban or just love seeing businesses thrive, Shark Tank is more than just entertainment—it’s a masterclass in entrepreneurship. Today we are diving into five key takeaways from Shark Tank that every female entrepreneur should know.

Lesson 1: Your Story Matters—A Lot

Investors don’t just buy into numbers—they buy into you. One of the most consistent trends on Shark Tank is how a compelling origin story makes a pitch memorable. A great example? Scrub Daddy, the smiley-faced sponge that turned cleaning into an experience. What made this product stand out wasn’t just functionality—it was the why behind it. The story, the demo, and the emotional connection made it unforgettable.

💡 Ms. Biz Tip: Your brand’s story creates an emotional bond with your audience. If you’re not telling it, you’re missing your most powerful marketing tool.

Lesson 2: Know Your Numbers Like Your Life Depends on It

You’ve got a killer product and a powerful story—amazing! But then comes the moment of truth: “What are your profit margins?” “How much does it cost to acquire a customer?” This is where too many entrepreneurs freeze.

Even if you’re not looking for investors today, being in control of your key business metrics—revenue, margins, lifetime customer value—puts you in the investor seat.

💡 Ms. Biz Tip: Schedule a CEO Day monthly to go over your numbers. Tools like QuickBooks or FreshBooks can help simplify this process.

Need help figuring out what to track? Download our free Business Metrics Checklist to get started.

 Lesson 3: A Deal Isn’t Always the Goal

Let’s talk about Ring. Rejected on Shark Tank. Later acquired by Amazon for over $1 billion. A deal on TV might seem like the ultimate goal, but sometimes a “no” is just a redirect toward something better.

Many entrepreneurs who walked away without offers still found massive success. So before signing on any dotted line, ask:

  • Would I benefit more from this investor’s money or their connections?
  • Am I giving up too much control too soon?

💡 Ms. Biz Tip: Not all money is smart money. Stay rooted in your values and mission. Your business is worth protecting.

Lesson 4: Be Prepared for the Unexpected

Sometimes what tanks a deal isn’t the product—it’s a simple tech fail or process oversight. Rachel shared how missing data on unsigned contracts led to uncovering a tech glitch where e-signature requests were going to spam. Regularly reviewing your pipeline, contracts, and customer journey isn’t just about productivity—it’s about preventing silent revenue leaks.

💡 Ms. Biz Tip: Set up systems for weekly check-ins. Try tools like HubSpot CRM or Dubsado to automate follow-ups and prevent lost leads.

Lesson 5: Trust the Process—and Your Faith

As faith-driven entrepreneurs, we believe that sometimes the best business decisions are made with a little divine guidance. We share personal stories about deals that fell through, only to reveal themselves as blessings in disguise—whether it was dodging nightmare clients or ending up in roles they were never meant to hold.

💡 Ms. Biz Tip: Rejection doesn’t mean failure. Stay prayerful, stay faithful, and trust that every “no” is making room for the right “yes.”

Final Thoughts

Shark Tank reminds us that business isn’t just about the pitch—it’s about preparation, passion, and purpose. When you blend strategy with soul, that’s where the magic happens.

Ready to get even more business wisdom with a side of sass and soul?

 Check out the latest episodes of the Ms. Biz Podcast where Brooke and Rachel share actionable advice, real talk, and a whole lotta laughs.

Because here at Ms. Biz, we’re putting the miss in biz—and we’re just getting started.

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