The television show Shark Tank features entrepreneurs who pitch their business ideas to a panel of investors. The investors decide whether to invest their own money with these entrepreneurs, based upon whether they believe their ideas hold promise. Pitches range from ideas not yet realized to those that have already achieved sales and need more money for growth.

Some believe this show is having a positive impact on entrepreneurial$-$minded individuals providing valuable entrepreneurial lessons to viewers. These lessons are important for potential entrepreneurs when they present their ideas to venture capitalists.

$1.$ Why do you think the advice of the $$sharks$$ is important for entrepreneurial success, particularly given the high failure rate of businesses?

Your posts in the discussion area should exhibit careful thought and logical reasoning and provide evidence for your position