What This Mark Cuban Shark Tank Tactic Can Teach You About Making Important Money Decisions
<p>A guilty pleasure of mine is watching the reality show Shark Tank.</p>
<p>My wife and I watch it together, and one tactic we noticed Mark Cuban — one of the “sharks” — consistently uses when he makes an offer is to demand an immediate “yes, or no” response from the entrepreneur. He will say something like, “say yes right now, and we have a deal, but if you talk to any of the other sharks, my deal is off the table.”</p>
<p>Whenever he does this, I turn to my wife and say, “that’s a sh*tty thing to do.”</p>
<p>Don’t get me wrong, it’s a brilliant tactic on his part, but it puts the entrepreneur in a terrible situation.</p>
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