Getting on Shark Tank is no easy task. Of the tens of thousands of entrepreneurs who apply to Shark Tank, only a few will be asked to audition, fewer will be called to pitch, and even fewer will make it to television. Read our list of resources to make navigating through the casting process a little easier.
Shark Tank Casting Application Process
Step 1: Check Your Eligibility
Before you can get on Shark Tank, you’ll have to meet the following eligibility requirements:
- Legal U.S Resident
- at least 18 years of age (minors can apply through a parent/guardian
- You must not be a candidate for public office and you must not run for public office until 1 year after the end of the Season you appeared in.
- You must voluntarily submit to a background check.
- You, your immediate family or anyone living with you must not be affiliated with:
- Finnmax LLC, UAMG Content, LLC, Sony Pictures Television Inc., American Broadcasting Companies, Inc., any television station owned or operated by American Broadcasting Companies, Inc., any entity owned, controlled or affiliated with each of the foregoing, or any direct and/or indirect parents, subsidiaries, affiliated or related entities of each of the foregoing;
- any person or entity directly involved in the development, production, distribution or other exploitation of the Series or any variation thereof;
- any known major sponsor of Shark Tank;
- any Shark or any entity substantially owned or controlled by any Shark;
- any person or entity supplying services to Shark Tank
Step 2: Apply to Shark Tank
There are two ways to apply:
- Fill out the Shark Tank Casting Application Form online.
- Attend an Open Casting Call. However, due to Covid-19, Open Casting Calls are Currently Cancelled
Step 3: Stay Prepared
Once you’ve submitted your application, it can take anywhere from weeks to months for the casting team to review your application.
While you wait for the coveted call, use this time to prepare for the upcoming phone interview.
Whether or not you get the call, consider this an opportunity to get up to speed on the inner workings of your business.
You may end up applying for Shark Tank again, or you might even get an opportunity to present your pitch elsewhere.
Shark Tank Questions You Need to Know
Before the Sharks (or anyone) invests in your company, they’ll want to have enough information to decide whether or not they should make an offer. Below is a list of questions you should know when pitching your business to the Sharks or any investor.
- What Stage is your Company In? (Idea, Research and Development, Product Development, Shipping/Live, Revenue, Expansion)
- How Much Have You Invested in the Company? What was the time frame? What was the Money Used for?
- When Did you start the business and how long has the business been in operation?
- What are your business’s total lifetime sales since starting?
- What was the GROSS and NET income from your business last year?
- As of the date of this application, what are your current sales THIS CALENDAR YEAR to date?
- What are your sales projections for THIS CALENDAR YEAR? How did you come up with those projections?
- Have you ever tried to raise money from outside sources? If Yes, How much?
- What attempts have you made to build your business? Have you been successful?
- Why do you want to pitch your business?
- What is your unique selling proposition? What is your “hook,” and why is your business notable?
- Describe the circumstances surrounding how you conceived and developed your business.
- What are the biggest hurdles your business has had to face, and how did you and your business overcome them?
- List any organizations or clubs with which you’re associated.
- List any awards or accolades you’ve received.
How These Shark Tank Alumni Got on Shark Tank
Shark Tank Alumni share their Shark Tank journeys from filling out their applications to their auditions and appearances on the show.
 Matt Franklin: Posture Now
Course: Shark Tank The Insiders Audition Guide: How I Did It and How You Can Too
 Alex Furmansky: Budies (Season 7 Episode 1)
Article: 7 Hacks For Getting Onto Shark Tank from Someone Who Did
 Tom Burden: Grypmat (Season 9 Episode 2)
Article: 5 Hacks for Making It On Shark Tank
 Beard Head (Season 10 Episode 3)
Trying Out for Shark Tank
 Junior Desinor: Toor (Season 8 Episode 8)
How to Get on Shark Tank: From Someone Whose Done It
Winning Shark Tank Audition Videos
Need a little inspiration for you Shark Tank audition video? Watch the auditions that got these Alumni a spot in front of the Sharks!
Frequently Asked Questions
Can You Get on Shark Tank With Just an Idea?
Yes, though the chance of getting a Shark to bite is very slim.
How Hard is it to Get on Shark Tank?
According to Shark Tank Casting Director, Mindy Zemrak (aka Mindy Casting), approximately 40,000 hopeful entrepreneurs and companies audition for Shark Tank each year and only 90 – 100 will make it to television.
Does Shark Tank Take a Percentage of Your Company?
No. Although Shark Tank once required a percentage of each company back in Season’s 1 and 2, the condition has since ended. Shark Tank companies are no longer required to give up a piece of their company.
What Makes a Great Pitch?
1. Get excited! Be passionate about your business and show your energy and enthusiasm.
2. Know your business – especially your numbers.
3. Authentically and transparently share your background and what makes you different and/or better.
If you can get these three components into your pitch and get your story out in 90 seconds or less, you’ve got the makings of a great pitch.
Related: Pitch Tip’s From Shark Tank Producers