I am an avid fan of Shark Tank. I love watching Start-up pitch their ideas, even if some are super unprepared. I love seeing the different ideas that people have. Man, there are a lot of unique and creative ideas. I love taking note of the judges questions and I am always amazed at how good they are with numbers. I think Shark Tank is the only show that I watch where I have my notebook by my side to actually take down notes. You may laugh at me (haha!) but I do learn a lot from this show.
In my mind, the end goal really of the start-ups joining the show is either to raise capital (which is pretty normal) or to gain enough publicity to build traction. And for the rest of us watching the show, it’s really for our entertainment and education. Anything that I could learn from, I love!
Imagine my delight when I was invited to the Final Pitch press conference. I didn’t get to go (because I had to focus this week on Taxumo, but I decided to share it anyway. The Final Pitch is something like Shark Tank. The show will challenge entrepreneur contestants in every way — from exploring funding options, refining their business plans, and marketing their products and services. The show is set to air on History Channel this May, 2017
“The Final Pitch aims to help entrepreneurs find success by connecting them to investors who can finance them, and to mentors who can fine-tune their businesses—reducing risk factors and boosting growth potential and sustainability,” shares the creator and host of The Final Pitch, John Aguilar.
The show will make entrepreneurs go through a series of challenges that will test their creativity, motivation and character. At the same time, they will learn the secrets behind the success of their potential investors, who are also tasked to handpick the top finalists to proceed on the show.
For Jose ‘Jomag’ Magsaysay, founder of a well-loved global food brand and one of the investors on ‘The Final Pitch’, his picks for the show would be based on whether or not he can see them as future business partners. “I’m looking for people who deserve a break, as I believe in the person more than the business,” he shares.
Other investors include the multi-awarded Chairman and CEO of the Sterling Group of Companies and SL Agritech, Dr. Henry Lim Bon Liong; self-made billionaire and the youngest chairman of a publicly-listed company in the PSE, Joseph Calata; and lastly, 25-year old millennial CEO of the angel investing group MFT Group of Companies, Mica Tan.
In addition to the potential funding from the investors, contestants will receive business coaching from an esteemed lineup of mentors, who are composed of well-known business experts and inclusive business champions, namely Department of Trade and Industry Secretary, Mon Lopez; former President of MicroVentures, Inc., Senator Bam Aquino; Chairman of Start Up Village, Prof. Jay Bernardo and; President of the Ateneo Center for Entrepreneurship-Masters In Entrepreneurship (ACE-ME), Dr. Andy J. Ferreira, among others.
I think this is a good initiative, because (1) Filipinos need to see that there are a lot of opportunities out there — opportunities to solve problems, opportunities to innovate and opportunities to make a difference; (2) We need to stir up the start-up ecosystem in the Philippines and having more publicity for the entire industry is good (in that way, we, startups won’t have to explain what we actually do, especially to our friends and parents. haha!); and lastly, (3) We need to strive to be better than we are and let go of that “okay na ako” attitude. We, Filipinos, are very talented individuals and it’s such a waste to see people full of potential not maximize their talents and skills.
So there, these are the reasons why I, personally think, that we need shows and other activities like this. Will we join this competition and represent Taxumo? Maybe. We will have to think about it! haha!
But for those who are ready to join, here are some details:
To join The Final Pitch, applicants will be required to fill up and submit an online entry form to The Final Pitch via its official website www.TheFinalPitch.ph Deadline for submission of entries is until March 17, 2017. Investors interested in becoming a part of the show or investing in the entrepreneurs behind the scenes may also get in touch with The Final Pitch through through its website.
*The Final Pitch’ is produced by Streetpark Productions Inc., the company behind the longest-running real estate and construction TV show Philippine Realty TV. For more info and for sponsorship and partnership inquiries, visit www.TheFinalPitch.ph or call 0917-8136674.
Goodluck to all my readers who want to join! Message me so that we can all watch you!