This Quiz Will Determine If You Would Survive On "Shark Tank USA"

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Questions: 10 | Attempts: 35 | Updated: Feb 15, 2023

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This Quiz Will Determine If You Would Survive On "Shark Tank USA" - Quiz

Shark Tank is a great platform for aspiring entrepreneurs. This quiz will determine if you would survive on "shark tank USA." Are you up with a perfect pitch for the presentation of your product? This is a perfect quiz if you have all the answers and clarity about your product presentation. Get started with your journey on Shark Tank and see if you get a profitable deal. You can share the quiz with others also who follow Shark Tank dedicatedly.

Questions and Answers

1.

Pick your product category.
- A.
  
  Food or beverage
- B.
  
  Technology
- C.
  
  Sports
- D.
  
  Makeup or Skincare
2.

Which mistake do you think you are likely to make?
- A.
  
  I don't know my numbers.
- B.
  
  I don't have proper answers.
- C.
  
  I don't have a clear vision of my business.
- D.
  
  Maybe, all of the above
3.

What would be your style of pitching? Pick one.
- A.
  
  A pitch full of humor and entertainment
- B.
  
  A pitch that is simple and has facts
- C.
  
  A pitch with a song
- D.
  
  A pitch that has a perfect demo
4.

What valuation would you most probably ask for?
- A.
  
  $1,400,000 for 5%
- B.
  
  $2,000,000 for 7%
- C.
  
  $2,500,000 for 3%
- D.
  
  $3,300,000 for 10%
5.

What does your valuation justify about your business?
- A.
  
  Sales
- B.
  
  Industry size
- C.
  
  Availability scope
- D.
  
  I am not sure!
6.

How does your product stand out?
- A.
  
  It has a great design.
- B.
  
  It is perfect for everyone's taste.
- C.
  
  It has an improved customer experience.
- D.
  
  It cannot be copied.
7.

A shark offers you but demands a lot more equity. How would you proceed?
- A.
  
  I would accept the offer.
- B.
  
  I would negotiate.
- C.
  
  I would take some time to think about it!
- D.
  
  I would say no!
8.

Which shark is your inspiration?
- A.
  
  Mark Cuban
- B.
  
  Robert Herjavec
- C.
  
  Barbara Corcoran
- D.
  
  Kevin O'Leary
9.

Would you be able to explain your sales and margin?
- A.
  
  Absolutely, yes
- B.
  
  I will try to!
- C.
  
  Maybe!
- D.
  
  I am not sure! I might get nervous!
10.

Would you be offering a profit-making product to the sharks?
- A.
  
  Yes, I would only require some funds.
- B.
  
  I have just started making profits.
- C.
  
  I think it would be a profitable product soon.
- D.
  
  I would make the brand first and then proceed for profit.

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Current Version
Feb 15, 2023

Quiz Edited by
ProProfs Editorial Team
Feb 12, 2023

Quiz Created by
Sophia Smith

This Quiz Will Determine If You Would Survive On "Shark Tank USA"

Pick your product category.

Which mistake do you think you are likely to make?

What would be your style of pitching? Pick one.

What valuation would you most probably ask for?

What does your valuation justify about your business?

How does your product stand out?

A shark offers you but demands a lot more equity. How would you proceed?

Which shark is your inspiration?

Would you be able to explain your sales and margin?

Would you be offering a profit-making product to the sharks?