EDITOR’S DESK
Dear Readers,
InthiseditionofTheEntrepreneurial ChronicleMagazine,weproudlypresent ourcomprehensivecoveragecelebrating “MostInspiringStrategiesfromToday'sTop BusinessTitans,”Throughouthistory,have continuouslyredefinedsuccess,shatteredglass ceilings,anddrivenindustriesforwardwiththeir ingenuity,resilience,andunwavering determination.
Inthesepages,wespotlighttrailblazers, innovators,andleaderswhosecontributionshave notonlytransformedtheirrespectivefieldsbut havealsoinspiredgenerations.Theirstoriesarea testamenttothepowerofvision,tenacity,and unwaveringdedicationintheworldofbusiness.
Fromgroundbreakingentrepreneurschallenging thestatusquotoexecutivesleadingmultinational corporationswithunparalleledgrace,eachprofile encapsulatestheessenceofleadership, perseverance,andtheunyieldingspiritthat propelsprogress.
Wearethrilledtobringyouthisspecialeditionof TheEntrepreneurialChronicleMagazinefocused on“MostInspiringStrategiesfromToday's TopBusinessTitans”Forourcoverstory,we hadtheprivilegeoffeaturingNoahMiyazaki,
VicePresidentofBusinessDevelopment, MiyazakiEnterprises.
NoahMiyazakiinspiringstoryoflaunchingWord ontheBlockembodiestheentrepreneurialspirit andpassionthatdrivesmanyoftheoutstanding leaderstoday.Inourcoverstory,NoahMiyazaki sharesinsightsintohispersonaljourney,the challengesshefacedasayoungAsianmale entrepreneur,andherbestadviceforaspiring businessleaders.Wegreatlyenjoyedthe opportunitytositdownwithNoahMiyazakiand learnmoreaboutwhatmotivateshisasan empoweringbusiness.
AtTheEntrepreneurialChronicle,webelieveitis importanttorecognizewomenwhoarecreating positivechangeandempoweringotherstoreach theirhighestpotential.Wehopethiseditionwill informandencourageyouaswehighlightthe tremendouscontributionsofpioneeringacross sectors.
Wehopethiseditionservesasasourceof motivation,empowerment,andrecognitionfor theoutstandingachievementsoftheseremarkable intheglobalbusinesslandscape.
TeenaTucker
Teena Tucker Editor-in-Chief
over St ry
BUSINESS DEVELOPMENT MANAGER MICHAEL CROW
BUSINESS DEVELOPMENT EXECUTIVE MARK FERREIRA
TECHNICAL HEAD NATHALIE RAO
TECHNICAL CONSULTANT JACQUELYN SHORTER
MARKETING MANAGER RUBY CHUPP
DIGITAL MARKETING MANAGER ROLANDO HOWARD
EDITOR IN CHIEF TEENA TUCKER
ART AND DESIGN HEAD HAZEL WILLIAMS
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Vice President of Business Development
Innovating Surgical Training with Vision and Purpose
Miyazaki E nterprises
VERCO
Imagineacraftsmanworkingwith
wood—notjustcarving,butcarefully shapingeachcurveandedgewitha purposethatgoesbeyondthefinished product.Everystrikeofthechiselisn'tjust aboutprecision.It'saboutleavingbehind somethinglasting,somethingmeaningful.In asimilarway,trueinnovationismorethan justmakingthingsbetter—it'sabout
understandingwhytheyneedtobebetterin thefirstplace.
ForNoahMiyazaki,theVicePresidentof BusinessDevelopmentatMiyazaki Enterprises,innovationisn'tdrivenbytrends ortechnologyforitsownsake.It'sdrivenby adeep,almostinstinctiveneedtofillthegaps whereothersseenothingbutobstacles.His
journeyisn'tjustaboutbuildingacompany; it'saboutcreatingsomethingthatcan genuinelytransformlives,onecareful decisionatatime.
InhisroleatMiyazakiEnterprises,Noah hastakenonchallengesnotwiththegoal ofsimplybreakingnewground,butwith theintenttocraftsolutionsthataddressreal,
humanneeds.Frompioneeringgynecologic surgicalsimulatorstoadvisingdata-driven addictiontreatmentinitiatives,hiswork reflectsabeliefthattrueprogressisbuilton integrity,purpose,andarelentlesspursuitof betteroutcomesforpeopleeverywhere.
AFamilyLegacy
Noah'sstorybeginswithalegacy,onethat intertwinesfamilyvalueswiththepursuitof excellenceinmedicaleducation.Hisfather, Dr.DouglasMiyazaki,aseasonedOB/GYN, laidthefoundationforwhatwouldbecome MiyazakiEnterprises.
Frustratedbyanoticeabledeclineinsurgical skillsamongresidents,Dr.Miyazaki envisionedabetterwaytotrainyoung physicians.Thisvisiontookshapein2011, whenhebeganconceptualizingasurgical simulatorthatcouldrealisticallyreplicate gynecologicprocedures.
Divingfurtherintohisfamilyhistoryandthe significantcontributionofhisgrandparents, Noahsharesthathispaternalgrandmother, SueMiyazaki,wasateacherandeventually becameaninstructorforothereducators.His paternalgrandfather,FredMiyazaki,wasa pioneerandvisionaryinOB/GYN. He inventedseveraldevicesandnumerous techniques/procedures,manyofwhichare stillusedtoday.
SomeofFred'smostnoteworthyinventions arethe Miya Hook,whichwasanewdevice forsacrospinousligamentsuspension,andthe saline-amnioinfusiontechnique,whichis usedeverydaygloballyandhelpsthousands
ofmothersavoidhavingac-sectionevery year.TheMiyaHookresearchwasprivately fundedbyFred'smother,ChiyoMachikawa.
Noah'smaternalgrandmother,JohannaYopp, wasaneducatorandrealestateprofessional alongwithherhusband,JimYopp.JimYopp wasalsoacardiologistinWinstonSalem, NC. HewasanOlympicTorchbearerforthe 2002OlympicGames.
Whatstartedasapersonalmissiontoimprove medicaltrainingevolvedintoa groundbreakingbusiness,anditwasNoah whoeventuallytookthereinstotransform thisideaintoacommerciallyviableproduct.
Takingonmoreresponsibilitiesgradually, Noahshiftedfromvolunteeringto spearheadingthecompany'soperations.He becamethearchitectbehindthecompany's infrastructure,creatingtheprocessesthat woulddrivegrowthandsuccess.
Today,Noahoverseesnotjustbusiness developmentbutalsologistics,research, andbusinessdevelopment—rolesthat collectivelyshapethestrategicdirectionof MiyazakiEnterprises.Hisjourneyreflectsthe heartofthecompany:acommitmentto empoweringphysicianswiththetoolsthey needtoprovideexceptionalcare,onepatient atatime.
RevolutionizingSurgicalEducation
AtthecoreofMiyazakiEnterprisesis ™ theMiyaModel ,asurgicalsimulator designedtomimicthenuancesofvaginal surgerywithunparalleledrealism.TheMiya ™Model isnotjustanothertrainingtool—it'sa lifelikerepresentationofhumananatomy, providingsurgeonswithanimmersive experiencethatcloselyresemblesreal surgicalconditions.
Themodel'sabilitytoreplicatethetensions andpressuresoflivetissue,itsrealistic cuttingandsuturingresponses,andits modulardesignallowphysiciansto repeatedlypracticetheirskillsinacontrolled environment.ForNoah,thisinnovationis aboutmorethanjustcreatingaproduct.It's aboutaddressingacriticalneedinmedical education.
Thedemandforsuchatoolbecameevidentas residencyprogramsfacedchallengesin providingadequatehands-ontraining.Dr Miyazakihadobservedadisturbingtrend: residentsweregraduatingwithminimal experienceinprocedureslikevaginal hysterectomies—skillscriticaltoOB/GYN care.Thiswasagapthatcouldleadto compromisedpatientoutcomesandincreased risksintheoperatingroom.
™ TheMiyaModel wasdevelopedtobridge thisgap,allowingresidentstohonetheir techniqueswithoutcompromisingpatient safety.Supportedbythreegrantsfromthe EuniceKennedyShriverNationalInstituteof ChildHealthandHumanDevelopment ™ (NICHD),theMiyaModel hasalready
gainedrecognitionforitspotentialto revolutionizesurgicaltraining.
FacingChallengesHead-On
Whileinnovationisoftencelebratedforits breakthroughs,itcomeswithauniquesetof challenges,particularlywhenventuringinto unchartedterritory.ForNoahandhisteam, thejourneywasanythingbutstraightforward.
Beingpioneersinsurgicalsimulation,they oftenfindthemselvesnavigatingthrough ambiguity,withlimitedexternalguidance. Yet,itisinthesemomentsofuncertaintythat theirguidingprincipleshines:dotheright thingsfortherightreasonsandlettheresults speakforthemselves.
Noahadmitsthatthelackofaclearpathcan bedaunting,butithasalsoinstilledaculture ofresiliencewithinthecompany.When confrontedwithdifficultdecisions,theteam focusesonwhattrulymatters—helping patients.
EventhoughMiyazakiEnterprisesisnot directlypatientfacing,theimpactoftheir workisundeniable.Byimprovingthetraining thatsurgeonsreceive,theyareultimately improvingthestandardofcarethatpatients receive—amissionthatservesasthe company'sNorthStar.
FromSimulationtoBroaderInnovation
MiyazakiEnterprisesismorethanjusta medicalsimulationcompany;it'satestament tothepoweroffeedback-driveninnovation. Inanindustrywheretechnologyconstantly
ForNoah,everynewprojectbeginswitha fundamentalquestion:“Does this help patients?”Beforeembarkingonanynew initiative,theteamensuresthatthere'saclear, well-definedproblemtheycanaddress—one thatalignswiththeircoremission.This patient-centricapproachactsasacompass, guidingthemthroughthecomplexitiesof productdevelopmentanddecision-making.
Oneofthedrivingforcesbehindthe company'ssuccessisitsabilitytoleverage clientrelationshipstoidentifygapsinthe market.Bylisteningcloselytothechallenges thatcliniciansface,MiyazakiEnterprisesis abletoadaptanditerateonitsofferings, ensuringthattheyremainattheforefrontof medicalinnovation.Thiscommitmentto continuousimprovementisrootedinasimple yetpowerfulphilosophy:strivingtobebetter, notjustforthesakeofgrowth,buttotruly elevatethestandardofcareinwomen's health.
BuildingaCultureofIntegrityand Innovation
Behindeverysuccessfulcompanyliesa culturethatreflectsitsvaluesandpurpose.At MiyazakiEnterprises,thiscultureisdefined byarelentlesspursuitofqualityandadeep
commitmenttodoingtherightthing.AsNoah explains,theirapproachtodecision-makingis straightforwardyetprofound:“Wedothe rightthingsfortherightreasons,andwelive withtheresults.”Thisguidingprinciple permeateseveryaspectofthebusiness,from productdevelopmenttoclientinteractions.
Butcreatinganenvironmentwherethese valuescanthriveisn'teasy,especiallyinan industrythatoftenprioritizesprofitover purpose.ForNoah,buildingacultureof integritystartswithtransparencyand accountability.Itmeansfosteringaworkplace whereeveryteammemberfeelsempowered tovoicetheiropinionsandcontributetothe company'smission.It'saboutcreatingaspace whereinnovationisn'tjustencouraged—it's expected.
Thisfocusonintegrityhasalsoshapedthe wayMiyazakiEnterprisesapproaches partnerships.Whethercollaboratingwith academicinstitutions,othermedicaldevice companies,orregulatorybodies,Noah believesinbuildingrelationshipsbasedon trustandmutualrespect.It'sthiscollaborative spiritthathasallowedthecompanytosecure funding,gainindustryrecognition,and ultimatelydeliverproductsthatmakeareal differenceinthelivesofpatientsand healthcareprovidersalike.
GuidedbyFamilyandPurpose
Whilethecompany'smissionandcultureplay asignificantroleinshapingitstrajectory, Noah'spersonalvaluesandexperienceshave alsohadaprofoundinfluence.Growingupin afamilywheremedicineandinnovationwere evolves,Noahandhisteamunderstandthat stayingrelevantrequiresnotonlyresponding toclientneedsbutanticipatingthem.This proactivemindsethasguidedthecompany's ™ expansionbeyonditsflagshipMiyaModel , venturingintoareassuchaseducational contentdevelopmentandcustomized solutionsforothermedicaldevicecompanies.
central,hewasexposedtotheideathat makingadifferenceintheworldoften requiressteppingoutsideone'scomfortzone. Hisfather'sdedicationtoimprovingsurgical trainingwasmorethanjustprofessional—it waspersonal.Thatsenseofpurposeis somethingNoahcarriesforwardinhisown leadership.
Noah'srolewithinMiyazakiEnterprisesgoes beyondthatofatraditionalleader.His involvementintheday-to-dayoperations reflectsadeepcommitmenttothecompany's mission,butitalsohighlightshisbeliefinthe importanceofunderstandingeveryaspectof thebusiness.Fromoverseeinglogisticsand researchtospearheadingmarketingefforts,he
isasmuchapractitionerasheisastrategist. Thishands-onapproachensuresthatthe companyremainsagileandresponsiveina rapidlychangingindustry
AJourneyofPersistence
Oneofthemostremarkableaspectsof MiyazakiEnterprises'successisitsabilityto turnacademicresearchintocommercially viableproducts—afeatthatmanystartupsin themedicalfieldstruggletoachieve.The ™ developmentoftheMiyaModel isaprime exampleofthisjourneyfromconceptto commercialization.Supportedbygrantsfrom NICHD,themodelhasundergonerigorous testingandvalidation,movingfrominitial
prototypestoafullydevelopedproductready formarket.
Thepathhasn'talwaysbeensmooth.The transitionfromacademicresearchto commercialsuccessisoftenfraughtwith challenges,fromnavigatingregulatory hurdlestosecuringthenecessaryfunding. Yet,forNoah,theseobstacleshavebeen opportunitiestolearnandadapt.Heviews eachchallengeasachancetorefinethe company'sprocessesandstrengthenitsvalue proposition.
AstheMiyaModel continuestogain traction,theteamisexploringnewwaysto integratethesimulatorintoresidency programsacrossthecountry.Iftheongoing multi-centerstudydeliverspromisingresults, themodelcouldbecomeastapleinOB/GYN trainingprograms,settinganewstandardfor surgicaleducation.Thiswouldmarka significantmilestonenotjustforMiyazaki Enterprisesbutforthebroadermedical community,potentiallytransformingthe waygynecologicsurgeryistaughtand performed.
TheRoleofOpiAIDandTackling AddictionTreatment
WhileMiyazakiEnterprisesremainsatthe coreofNoah'sprofessionaljourney,hiswork isn'tconfinedtosurgicalsimulation.Hisrole asanadvisorforOpiAID,adatascience companydedicatedtoimprovingaddiction treatment,exemplifieshisbroader commitmenttousingtechnologyforsocial good.OpiAID'smissionalignscloselywith Noah'svalues:leveraginginnovationtosolve
complexhealthcarechallengesandimprove patientoutcomes.
OpiAIDoperatesattheintersectionof technologyandcompassionatecare,focusing onmakingaddictiontreatmentsaferandmore effective.Thecompany'sapproachisbuilton theintegrationofreal-timebiometricdata withexistingElectronicHealthRecords (EHR)toprovideclinicianswithactionable insights.Byenhancingclinicaldecisionmakingthroughdata,OpiAIDaimsto improvepatientoutcomes,increaseclinic revenue,andreduceoveralltreatmentcosts.
AttheheartofOpiAID'svisionisthebelief thatthosestrugglingwithsubstanceuse disordershouldbetreatedas'neighbors in recovery' ratherthanstigmatizedasaddicts. Thiscompassionateapproachisreflectedin everyaspectoftheirwork,fromthelanguage theyusetothetechnologytheydevelop.
ForNoah,thisadvisoryroleoffersan opportunitytoapplyhisbusinessacumenand problem-solvingskillstoacausethat resonatesdeeplywithhim.It'sachanceto contributetoamissionthatalignswithhis beliefinusingtechnologyasaforceforgood.
EmpoweringtheNextGeneration
Beyondtheproductsandservicesthat MiyazakiEnterprisesdelivers,oneofthe mostenduringaspectsofNoahMiyazaki's journeyistheexamplehesetsasaleader.His leadershipphilosophyisrootedinadeep commitmenttointegrityandaclearvisionof howinnovationcanbeharnessedforthe greatergood.Inanindustryascomplexand
high-stakesashealthcare,such leadershipisbothrareandessential.
Noah'sapproachtoleadershipis refreshinglystraightforward:empower yourteam,prioritizepatientoutcomes, andletyourvaluesguideyour decisions.Heemphasizesthe importanceofbuildingaculturewhere collaborationandtransparencyare paramount.Inafielddrivenbydata, technology,andconstantchange,his beliefindoingtherightthingsforthe rightreasonsservesasagrounding forceforbothhisteamandthebroader missionofMiyazakiEnterprises.
Mentorshipandknowledge-sharingare keycomponentsofNoah'sleadership style.Heunderstandsthatthe challengeshehasfacedandthe solutionshehasdevelopedhold valuablelessonsforothersnavigating theunpredictableterrainofmedical technology
Whetheradvisingstartups,engaging withacademicinstitutions,orguiding youngprofessionals,Noahis committedtohelpingthenext generationofinnovatorssucceed.His willingnesstoshareinsightsand supportothersreflectsabeliefthat successisnotjustaboutpersonalor corporategain,butaboutcontributing toalargerecosystemofprogress.
AVisionofLong-TermChange
AsMiyazakiEnterpriseslookstoward
thefuture,Noah'sfocusisclear:continueto ™ refineandexpandtheMiyaModel ,explore newopportunitiesforcollaboration,and ensurethatthecompanyremainsatthe cuttingedgeofmedicalsimulation.Butjust asimportantasthesegoalsishiscommitment tomaintainingthevaluesthathaveguidedthe companysinceitsinception.ForNoah, successismeasurednotonlyintermsof revenueormarketsharebutinthepositive, lastingimpactonhealthcareandpatient safety.
Thislong-termvisionextendsbeyondthe productsthemselves.AsMiyazakiEnterprises continuestoevolve,thereisanopportunityto influencehowsurgicaleducationandtraining areapproachedglobally.Bysettingnew standardsforrealismandprecisionin simulation-basedlearning,thecompanyis helpingtoshapethefutureofmedical education,wheremoreskilledsurgeonsmean betteroutcomesforpatientsandfewerrisksin theoperatingroom.
NavigatingtheRoadAhead
Lookingahead,Noahisclear-eyedabout thechallengesandopportunitiesthatlieon thehorizonforbothMiyazakiEnterprises andthebroaderfieldofmedicaltechnology Asthecompanycontinuestorefineits offeringsandexplorenewmarkets,one thingremainsconstant:thecommitment toadvancingpatientcarethroughinnovation. ForNoah,thefutureisaboutstayingtrue tothecompany'scorevalueswhileremaining adaptableinanever-evolvingindustry
MiyazakiEnterprisesalsohasplansto
continueitsworkinhelpingothermedical deviceandtechnologyfirmsbringtheir conceptstomarket.Drawingontheexpertise ™ gainedfromdevelopingtheMiyaModel , MiyazakiEnterprisesisuniquelypositioned toofferstrategicguidance,researchsupport, andtechnicalexpertisetoorganizations seekingtoinnovateinwomen'shealthand beyond.
ALegacyofInnovationandIntegrity
Asthearticledrawstoaclose,it'sworth reflectingonwhattrulysetsNoahMiyazaki apart.Inanindustrywheretechnological advancementsareoftendrivenbyprofit, Noah'sworkisguidedbyasenseof responsibility.Whetherit'senhancingsurgical ™ trainingthroughtheMiyaModel or contributingtomorecompassionateaddiction treatmentsolutionsthroughOpiAID,his focusremainssteadfastonimprovingthe livesofpatientsandempoweringhealthcare professionals.
Noah'sjourneyisatestamenttothepowerof perseverance,integrity,andpurpose-driven leadership.Hehasnavigatedthechallengesof buildingabusinessinanemergingindustry withgraceanddetermination,allwhile stayingtruetothevaluesthatfirstinspired himtotakeonthismission.AsMiyazaki Enterprisescontinuestogrowandevolve,its successwillbemeasurednotjustbyfinancial metrics,butbythetangibledifferenceit makesinhealthcare,alegacyofinnovation thattrulyputspeoplefirst.
Architecture Art
Architecture
Architecturehasalwaysbeencloselyrelatedto
art.Becauseattheendoftheday,architectureis anartform,itisanartistexpressinghimself throughthebuildinghebuilds.Justthewaywe appreciateartinanartgallery,wevisitplacesto appreciatethebeautyandartofthearchitecture.People acrosstheworldvisittheEiffelTower,notbecausethere isafamoushotelthere,buttoappreciatethesheerbeauty
ofit,howitcomplementseverypartofthecity.Sameis withtheTajMahalinIndia,thesymmetrywithwhichit isbuilt,thecarvingsinsidethattellastoryisallpurely anartistexpressinghimself.
Thatisthebeautyofarchitecture,itnotonlyprovides peoplewiththeworldlyneedsofshelter,butitalso beautifiestheirliving.Itrepresentsthehumanideals throughbuildingslikecourthousesandgovernment buildings,whileitalsoshowsthemanifestationsof spiritsinchurchesandtemples.Wecanseehowthe traditionalformsofarchitecturehavestayedwithusin someortheotherway Andthemodernarchitectureto retainsthebeautywithanincorporationoftechnology andfeasibility Thecontemporarydesignstyleshave allowednewapproachesinthewaymaterialsareused
andthewaytechnologyhasbeenusedtoalsoshapethe environment.
Themodernorthecontemporaryarchitecturehasbeen evolvedfromtheworkofFrankGehryandZahaHadid. Gehry’sworkisfamousfortherollingandbentorganic forms.Thegesturalanderraticdesignshedoesare transformedintobuildingsthroughthecomputerized aideddesigns(CAD).Tostudythecomplexitythatgoes intohisdesigns,Seattle’sMuseumofPopCulturewould bethebestexample.Thecurves,folds,ripplesrollacross spaceandthemulti-coloredtitaniumpanelsadornthe exterioraccentuatetheeffect.
Toconclude,wecansurelysaythatarchitectureisthe bestformofart.Whereoneisleftinanaweofthe beautifulstructurethatisinfrontofhim.Andarchitects ofthemodernera,whohavemadetheamalgamationof architecture,differentdesignstylesandtechnologyso smoothyetcatchyandluxuriousarethetrueartists.
Shark Tank
Boosting Indian Visionaries’ Entrepreneurial Spirit
Ifyou’reanentrepreneur,you’veprobablyseentheABCtelevision showSharkTank.Idefinitelysuggestitifyouhaven’talready. Althoughit’stemptingtodismissrealityshowsastootheatrical andfrequentlycontrived,SharkTankteachesentrepreneurswhopitch toinvestorsforfundingsomeessentiallessons.Manyoftheshow’s mostvaluableinsightsareowedtothebrillianceofMarkCuban,a businessgeniusandpersonalmentorofmine.
SharkTank,theiconicAmericanrealityshow,hasmadeitswayto India.SonyTVhaspurchasedtherightstoSharkTankIndia,theIndian versionoftherealityshow Takingtosocialmedia,thechannel informedfollowersoftheannouncementandreleasedthefirstpromo, whichhaspiquedviewers’interest.
Throughouttheshow,numerousentrepreneurspitchtheircompany ideastoinvestorsknownas‘sharks,’whothenselectwhetherornotto invest.
Indeed,theshow‘SharkTankIndia’hascreatedquiteastiramongthe populaceinashortperiodoftime,owingtothecountry’sthriving startupculture,whichhasbeenfosteredbythecorrectlaws.Buthow didIndiamanagetohandlethisshiftwithhighapprovalforaprimetimerealityinvestingshow?
“Whenwestarted,Indiawaschangingandarevolutionwasunfolding,” saysAmanGupta,founderofboAt.Itwasbeingreplacedbyanew India.”Foundedin2016,‘boAt’isnowacolloquialtermforalonglasting,ultra-fashionable,andbudget-friendlyaudioproductline.Aman Guptaandhisco-founder,SameerMehta,havecarvedoutamarket nicheinIndiathatwaspreviouslydominatedbyChineseandGerman goods.SharkTank(USA),accordingtoGupta,hasplayedasignificant partinrealizinghisaspirationsandmoldinghimasaninvestor.
SonyEntertainmentTelevisionpurchasedtherightstotheEmmywinningABCseries‘SharkTank’in2021withtheintentionof launchingitsownversion,‘SharkTankIndia.’Theshowdebutedon SonyTVonDecember16andairsdailyfrom9to10p.m.The frameworkoftheshowisstraightforward:aspiringstartupcompanies pitchtheirideasforinvestmentinfrontofapanelofangelcapitalists knownas‘Sharks.’
Theshow’sconceptallowstheviewertoobservehow agreementsareformed,ideasaremanifestedviacommerce, networkingpromotescommunitydevelopment,andthe imaginativesolutionsbusinessescreatetotacklesocietal challenges.Theaudienceishumbledbyobservingthepath ofapromisingbusinessoftomorrowtakingform,rather thanthesuccesstalesthatarelauded.
Insomeways,thisencouragessmall-townentrepreneurs, particularlywomen,tocarveouttheirownidentitiesvia financing.ItwasheartwarmingtohearthetaleofRakhi,a millennialentrepreneurwholeftherfamilyafterreceiving criticismforco-foundingEventBeep,acommunitynetwork appforcollegecampuses.Inadditiontoofferingthe initiativeRs.30lakhsinexchangefor2%equity,Ashneer GroverwasinterestedingiftingRakhiRs.10lakhsin exchangeforapersonal0.5percentstockstaketosecure herfuture.
AnupamMittal,ashark,feelsthattheyears2020–2030will bean“entrepreneurialdecade.”Inaddition,33newfirms wereaddedtoIndia’slistofunicornsin2021.An undercurrentofentrepreneurialenergyseekingtobevalued drovethegrowthofunicorns(entrepreneursvaluedat$1 billionormore)andarobustecosystemofrisingstartups. Thispromisewasrealizedin2014whentheadministration ofNarendraModi(whohadpreviouslycarvedoutmarketdrivengrowthinGujarat)launchedtheStart-UpIndia program.
Aslewofobsoletecolonial-erarestrictionsandsocialist-era red-tapeismwereslashed,andease-of-doing-businesswas avidlypursued.Onapolicylevel,innovativeplansfornew firmsweredevelopedincollaborationwithvarious ministries.Sincethen,anewgenerationof‘wealth-creators’ seestheIndianstart-upecosystemashavingapromising future.Itiswheregreataspirationsmeetbigbrains,and theycollaboratetocreatea‘newconceptofIndia.’
BigNumbers
Theshow’sUSPhasbeeninhighlightingthepromiseof hiddeninnovationinIndia,whichisgroundedwhen ventureslikeAnnie,abraillelearninggadget,discusstheir desiretogivebacktosociety.SharkVineetaSingh,anIIMAgraduatewhoturneddownaone-croresalaryin investmentbanking,ontheimportanceofvisioninthe process.WhenIrefusedmyjob,itmadeheadlinesinthe newspapers.”But,withafreshideaandalotofeffort,I mademyownheadlines—withSUGARcosmeticsbeing valuedat500crores.”
TheSharks,whohavecommittedatotalofRs.41.68crore to67qualifyingfledglingcompanies,areamongthemost well-knownfiguresinthebusinessworldtoday Aman Gupta(co-founderofboAt),AshneerGrover(MDand co-founderoffintechfirmBharatPe),GhazalAlagh (co-founderofMamaearth),VineetaSingh (CEO&Co-founderofSUGAR
Cosmetics),AnupamMittal(founderofShaadi.com), NamitaThapar(ExecutiveDirectorofEmcure Pharmaceuticals),andPeyushBansalareamongthose(cofounderandCEOofLenskart).
Inaveryshortperiodoftimesinceitsdebut,SharkTank hasstruckachordwithaspiring,hardworkingpeoplewho haveavisionandastakeinIndia’sfuture.Whatis particularlyexcitingtoobservearethestoriesfromacross Indiatakingcenterstageinordertocarveouttheir individualityviaentrepreneurialenthusiasm.TheSharks havemadeincredibleagreementswithnewventures rangingfromgadgetstartupstofoodfirms.
Peeschute,afirmdedicatedtoimprovingbathroom cleanliness,manufacturesinexpensiveunisexdisposable urinebags.Thecreator,SiddhantTawarawalaofJalna,
Maharashtra,hasagreedtoadealwithAmanGuptafor75 lakhsinexchangefora6%equitystake.Similarly,Skippi Pops,icepopsfirmfromHyderabad,raisedthemostmoney (1crore)for15%equity,withallfivesharkscontributing. Thisalsoemphasizestheneedforteamworkinthe economicworld.
KeyBackground
WhatexactlyisaSharkTank?
SharkTankisanABCbusinessrealityshowthatdebuted onAugust9,2009.Thegameshow’sconceptincludes entrepreneurspitchingcompanyconceptstoinvestorsor “sharks,”whothendecidewhetherornottoinvestinone.
The“Sharks”
Amongthelong-servingjudgesareentrepreneursRobert HerjavecandKevinO’Leary,whopreviouslyappearedon theCanadianeditionofDragons’Den.BarbaraCorcoran, MarkCuban,LoriGreiner,andDaymondJohnareamong theothers.
Wherediditoriginate?
SharkTank,theAmericanequivalentofDragons’Den, debutedonABCin2009.Throughouttheshow,the majorityoftheinvestors,orsharks,’dotheirbesttoidentify flawsinanentrepreneur’sbusinessplan.Whileinvestors arecompensatedtolistentoandevaluatebusinessplans, theymustalsoinvesttheirownmoneyinthecompany