Smart Company – Interviews Glen Richards – Shark Tank June 2017

Shark Tank’s Glen Richards on why it’s “damn hard” to be humble in the world of business – 30th June 2017

Extract from article:

“With the third season of Network Ten’s popular Shark Tank series underway in its second week, Richards said he had been looking forward to the season’s airing, saying there were some “quirky businesses” coming through, and the season has “a lot more mojo” than the previous seasons.

Richards says his focus right now is on businesses in the health and food space but acknowledges that if he “sees an opportunity to make some money, I’ll go after it”.

“Part of my investment style is as well as liking the product, I have to really gel with the entrepreneurs behind it,” Richards says.

“That’s why I went forwards with Marc from Rhinohide, and he’s been a delight to work with. He’s open to mentoring and to take on board opinions, and he works hard and is across his numbers.”

Similar success stories have come from some of Richards other Shark Tank investments, including furniture company OneWorld and cooking education business Get Kids Cooking.

The investment has also got to engage Richards’ interest, saying he needs a passion for the business, and so do the entrepreneurs pitching it.”

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