We’re here to talk about Shark Tank India, a show full of big ideas and special words. At Suvit.io, our team has lots of financial experts. We noticed that many people, just like you, have questions about some of the words they hear on the show.
So, we got an idea. Why not explain these words in a simple way? That's because, at Suvit, we love making things easier to understand, especially for people interested in business.
Let’s go through these words together. It doesn’t matter if you’re new to business or just curious; we’re here to help make sense of it all.
Ready? Let's start this fun journey into the world of Shark Tank India with Suvit by your side.
Business and Market Terminologies
Valuation: The estimated worth of a start-up. It’s like putting a price tag on your business dreams based on how much money it could make in the future.
Equity: Ownership in a company. When the Sharks ask for equity, they’re asking for a piece of your business pie.
Brand Equity: It's more than just a logo – it's the trust, loyalty, and love that consumers have for your brand.
EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization. It’s a way to measure a company’s financial health without getting trapped in tax laws or investment costs.
Revenue: The total income generated from sales before any expenses are deducted. Think of it as your business’s salary.
Profit: What’s left after all the business expenses are paid? It’s the money you can actually call your own.
ROI (Return on Investment): A measure of the profitability of an investment. It's like measuring the impact you've made with every penny spent
SKU (Stock Keeping Unit): A unique code for each product, making it easier to track inventory. It’s the secret identity of every item on your shelf.
QSR (Quick Service Restaurant): Fast-food restaurants where you can have a bite without the wait.
Patent: A legal right that protects your invention from being used by others without your permission.
Turnover: The total sales made by a company in a specific period. It’s the odometer reading of your business’s journey.
Disruptive Innovation: Innovation that simplifies and lowers the cost of goods and services for undesirable or neglected markets is known as disruptive innovation.
Also Read: GST Rules for Small Businesses and Start-ups in India
Market Share: It's like planting your flag in the business landscape – the more you have, the stronger your foothold.
Elevator Pitch: Imagine this: You're in an elevator with a shark. You've got 30 seconds to pitch your idea – go!
Pitch person: Every entrepreneur needs a trusty sidekick for those nerve-wracking pitches.
Blue Ocean Strategy: Swimming against the flow and finding untapped market spaces where the competition is as rare as a friendly shark.
Counter Offer: When the sharks smell blood in the water, they're not afraid to counter with their own offer. It's a dynamic negotiation tactic where any of these possibilities can unfold - accepting the counteroffer, rejecting it, or making another offer.
Cash Flow: Show me the money! It's the lifeblood of every business, keeping the wheels turning and the sharks circling.
Market Validation: Testing the waters and making sure your idea has legs before you dive headfirst into the shark tank.
Scale Up: Transforming from a small fish to a market leader – it's about growing your business and creating ripples in the industry.
Exit Strategy: Every good story needs an ending, and in the world of entrepreneurship, it's all about planning your exit strategy for a happy ending.
Back to Basics – Essential Business Terms
Profit Margin: Because at the end of the day, it's all about making more than you spend.
Market Research: A fancy way of saying "know thy customer" – because knowledge is power, my friends.
SWOT Analysis: Not just for the overly analytical types. It's about knowing your strengths, weaknesses, opportunities, and threats – and using them to your advantage.
Value Proposition: What's your secret sauce? It's the magic ingredient that makes customers choose you over the competition.
Break-even Point: The holy point of financial milestones – when your revenues finally outshine your expenses.
Supply Chain: Like a well-choreographed dance, it's the network of suppliers, manufacturers, and distributors that keep your business humming.
Customer Acquisition Cost (CAC): Because winning over new customers isn't cheap – but it's totally worth it in the end.
Sustainability: More than just a buzzword – it's about saving the planet while making a profit.
Intellectual Property (IP): Protecting your ideas like a mama shark protects her pups – because in the world of business, it's survival of the fittest.
Capital: Think of capital as the lifeblood of a business – it's the cash needed to keep the wheels turning and fuel future growth. Whether it's through angel investors, crowdfunding, or IPOs, capital is what makes dreams a reality in the world of entrepreneurship.
Witty Catch Phrases from the Sharks
This is not my expertise: A polite shark way of saying, “I’m out, but without making you feel bad about it.”
Bhai tu kya kar raha hai?: When a Shark is both puzzled and caring about an entrepreneur's decisions.
Yeh Sab Doglapan Hai: When a Shark smells something fishy in the deal, this phrase comes swimming out.
Yaar baat toh karne do: A request for a chance to speak, often heard amidst the feeding frenzy of a heated negotiation.
Hum Bhi Bana Lenge: A Shark’s declaration of self-reliance, suggesting they could create a similar product on their own.
And for that reason, I’m out: The classic Shark Tank exit line, signaling a Shark’s withdrawal from the deal.
Bilkul bakwas hai yeh, aap band kardo isse: A direct rejection that suggests a Shark believes the business concept is absurd.
Dhanda: More than just a business – it's the heart, soul, and occasionally, the heartburn of entrepreneurship.
Shark Attack: No, not the stuff of nightmares. It's when the sharks dive in with offers too good to resist, leaving entrepreneurs gasping for air.
Paisa Vasool: It's not just about making money; it's about making every penny count – a concept the sharks take very seriously.
Dhamaka Deal: It's when an entrepreneur strikes gold with an offer that leaves everyone in awe.
Bakwaas Bandh Karo: Because ain't nobody got time for fluffy pitches and empty promises. Cut to the chase, people!
Panga Mat Le: Mess with the sharks, and you might just end up fish food. Consider this your warning.
Gyaan: Pearls of wisdom and valuable insights served with a side of sass by our favorite sharks.
Mauka: Seizing opportunities like a boss – because in the world of entrepreneurship, there's no room for hesitation.
Shark Tank Hangover: That lingering buzz of excitement and inspiration that keeps you hooked long after the credits roll.
Also Read: Top Government Business Loan Schemes in India
Ready to Have a Shark Like Awesomeness?
So, there you have it – a crash course in Shark Tank India lingo guaranteed to make you laugh, gasp, and maybe even strike a deal or two!
Whether you're a seasoned entrepreneur or just dipping your toes into the world of startups, remember these words of wisdom: "In the game of business, it's not the size of the shark in the fight, but the size of the fight in the shark!"
Now, go forth and conquer the business world – just watch out for those sharp teeth!
Dive in with confidence, and who knows, you might just land a deal with a Shark!
