Who doesn’t dream of being their own boss and having enough money to live comfortably for the rest of their life? The sharks of ABC’s ‘Shark Tank’ have achieved that and then some as some of North America’s most successful self-made businesspeople, with a combined net worth reaching into the billions. Mark Cuban, Barbara Corcoran, Daymond John, Kevin O’Leary, Lori Greiner and Robert Herjavec aren’t just successful entrepreneurs in their own rights, though, they’re also huge supporters of aspiring entrepreneurs, not only through their investments throughout eleven seasons of the show, but also through the business advice they regularly share. Read on for some the sharks’ biggest secrets of success that just might help your own entrepreneurial dreams come true.
“Learn to Accept Rejection.”
Chances are, your first business idea won’t be a smashing success, so it’s important to be able to cope with failure. Speaking on “One on One with Steve Adubato” in 2016, Daymond John emphasized, “Your rejection muscle has to be huge to be anybody that’s successful in anything,” and advised looking on the bright side: “Everything that you get rejected on or doesn’t work is one less thing that you have to try to get to the point of being successful and figuring it out.”