Shark Tank Australia gives hopeful entrepreneurs a chance to pitch their business ideas to five potential investors with the hope of securing an investment. Although the show does well in acknowledging and exposing local businesses around the country, investments are limited and far too predictable on the occasions where the 'sharks' decide to invest. Unlike foreign versions of the show, the investors are too individually focused and concerned with their own offers rather than what fellow 'sharks' might offer. Although the 'sharks' are willing to share an investment, there is a lack of concern when fellow investors make good offers on a potentially great business. On other versions, there is greater competition between the investors making better television and entertainment for the viewers.
Furthermore, there is a tendency for the 'sharks' to not take risks on business ideas resulting in monotonous television where there are two to three offers for a whole show, every week. Entrepreneurs are expected to pitch already established businesses whereby the 'sharks' will receive a return on their investment almost immediately. Despite the business exposure and generally good ratings, Shark Tank Australia doesn't live up to its foreign counterparts.
Furthermore, there is a tendency for the 'sharks' to not take risks on business ideas resulting in monotonous television where there are two to three offers for a whole show, every week. Entrepreneurs are expected to pitch already established businesses whereby the 'sharks' will receive a return on their investment almost immediately. Despite the business exposure and generally good ratings, Shark Tank Australia doesn't live up to its foreign counterparts.