Shark Tank’s Best Pitches Explained By the Cast | Vanity Fair

I came across a YouTube video this morning titled “Shark Tank’s Best Pitches Explained By the Cast | Vanity Fair” which made me think about the YCISL program. I have watched Shark Tank on television and YouTube before (just a few times), and attended a local Dolphin Tank event (similar concept but for youth). Mostly, I don’t connect Shark Tank to the YCISL program because of the weight given towards money (investments from the Sharks as well as the definition of the problem and success); it makes for compelling television viewing, I understand.

What I did get reminded of though is that the YCISL program is about porting adult frameworks and concepts to a youth context. YCISL is about attenuating “Play” to boost creative energy and the intrinsic motivation to sustain that energy. And from that video, it’s interesting to see the port connection.

  1. Know Your Numbers -> Elevator Pitch. “Know your numbers” is not so much a point about being a vessel for financial information, but more about being prepared (a state of readiness) with an elevator pitch that is emotionally intelligent. Know your target audience and be prepared to make a memorable impression. For an elevator pitch, having an idea of reaction buttons to press help too (not that you should press every button).
  2. Be Creative -> Creative Energy. In YCISL, we show our model where creative energy is at the base of innovation and leadership. For most though, one’s creative energy level is unknown (having been stifled by education) and untrained (not readily accessible or appropriately applied). On Shark Tank, the creativity in the pitches are in the person, product and pitch. In YCISL therefore, we emphasize exercises that expose creative energy levels and aiming that energy.
  3. Have “Chutzpah” -> Positivity. YCISL touches on positivity in several ways using examples from Shawn Achor (better productivity) and Alison Ledgerwood (framing). There is also a needed element of confidence that I draw from Mel Robbins. We ask our workshop project teams to ensure positivity when working together. We look for simple techniques that effect positive alignment.
  4. Problem Solver -> Project Studio. The YCISL innovation premise is based on solving problems. We search through personally-experienced problems as well as problems from one’s worldview and observations to select one to use for the workshop Project Studio. Our Project Studio exercise is done in a team to render normalization to the problem to remind us that a good solution has the potential for wide adoption and multiple applications beyond the original worldview. Picking a problem isn’t as easy as it sounds, and in YCISL we emphasize the basics of formulating a problem statement – for visionary inclusion and team alignment.
  5. Motivate Others -> Intrinsic Motivation (Self+Others). From Dan Pink, we understand that motivation has a sustainability issue. In YCISL, we recommend leveraging intrinsic motivation given limited resources (especially the case for youth). We also examine approaches to imparting intrinsic motivation in one’s self as well as to others (team and users). This is one of the critical leadership skills that we seek to develop through our program.
  6. Listen to Diverse Opinions -> Active Listening and Growth Mindset. To listen, we need to listen well and the skill of active listening is key to Shark Tank as well as innovator and leader roles. Unlike the make-it-or-break-it tone in Shark Tank, we moderate discussion in YCISL so that there is sequential exchange (like in Adora Svitak’s reciprocal learning), checkpoints and learning. From that, we can feed the growth mindset that we expect in a creative and decision-making setting. We also learn to train fast thinking and the cycle of divergent-convergent thinking. Subsequent to this process, we also learn about weighing competitive advantage and thriving through de minimis risk and initially huge uncertainty conditions.

This reflection years after YCISL started has been quite satisfying. I hope it will help further development of our concepts, ideas and products.

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