Dragon’s Den Vs. Shark Tank: An Insightful Comparison in Depth
If you have watched Dragon’s Den and Shark Tank, you are probably very confused about their differences. Yes, not everyone can spot the difference and intent of these shows, which spoil the excitement!
So, how do we differentiate when it comes to Dragon’s Den vs Shark Tank? Well, Dragon’s Den is more professional than Shark Tank. The show Dragon’s Den originated in Britain, whereas Shark Tank started in the USA. As Shark Tank is aired on ABC, Dragon’s Den is aired on BBC. Although Dragon’s Den tries to bring up a successful business to invest in, Shark Tank looks for a successful entrepreneur.
Now, this gives you an overview of their differences. To know more in detail with many useful insights, jump on to the main part now!
Dragon’s Den Vs. Shark Tank: A Head-to-Head Comparison
You need a direct and brief comparison before you dive into the comparison in detail. So, here we have got a straight-away comparison of Dragon’s Den vs. Shark Tank.
| Comparison Aspects | Dragon’s Den | Shark Tank |
|---|---|---|
| Motives | Bring A Potential Successful Business to Invest in | Bring A Successful Entrepreneur |
| Origin/Pitch Type | Britain/Explained | USA/Short-pitched |
| Rewards for Entrepreneur’s Business | Around $80,000 | Around $200,000 |
| Regional Availability | Britain/BBC | USA/ABC |
| Viewers and Popularity | Specific and Selective Population | General Population |
Dragon’s Den Vs. Shark Tank: Side-by-Side Comparison in Detail
You already know the basic differences between Dragon’s Den and Shark Tank now. So, here you go to the detailed comparison of these 2 shows.
Origin and Motive of the Show
Although these 2 shows are quite similar, the origin has differences, as stated below.
Dragon’s Den
The reality show Dragon’s Den started in the year 2005 in Britain, inspired by a Japanese series. This was first aired on BBC 2 on 4th January 2005.
Dragon’s Den has a motive of getting entrepreneurs and investors to the same place to deal. This show lets the entrepreneurs explain their business ideas to the investors.
Once they explain every bit of detail, the entrepreneurs decide whether they should invest in it or not!
Note that Dragon’s Den also takes existing business groups in this show for further investments as well.
Shark Tank
On the other hand, Shark Tank started its series on 9th August 2009 and aired on ABC. Although this series originated in the US, it is actually franchised from Dragon’s Den.
The name Shark Tank came from the investors who are referred to as sharks. Talking about the motive of the show, this is the same as that of Dragon’s Den.
However, contestants in Shark Tank need to pitch their ideas in brief. The sharks just get the main idea in short before they confirm to invest.
This shows that Dragons’s Den is a bit more serious and strict than the Shark Tank. Note that Shark Tank mainly focuses on new individual entrepreneurs who are trying to start a new venture.
Rewards and Outcome
These shows have similar but different rewards and outcomes as discussed below.
Dragons’ Den
If an entrepreneur can convince a Dragon, the investor, he wins an amount of money for the investment.
In Dragon’s Den, investors invest around $80,000 on average. Contestants are also rewarded with gems, glory, or gold, along with medals.
Shark Tank
On the other hand, investors in Shark Tank invest more than double that of Dragon’s Den. Sharks invest about $200,000 on average.
However, there are no medals or souvenirs provided in this show. So, talking about the prize money, Shark Tank spends way more than Dragon’s Den.
Regional Availability
These two different shows come from 2 different regions, creating availability in different places accordingly.
Dragon’s Den
As Dragon’s Den originated in Britain, this show is available all over this region. This show is aired on BBC.
If other regions want to watch this show, people need to get access to the channel, BBC.
Shark Tank
On the other hand, Shark Tank started in the US. Due to this, all the states across the USA can watch this show.
In case people from outside the US want to watch this show, they need to watch the channel ABC.
Viewers and Popularity
Although both shows are almost the same, they still have separate fanbases.
Dragon’s Den
The show Dragon’s Den has entrepreneurs and investors that go with more professionalism. One has to come up with detailed pitches along with all the ins and outs of the idea.
As this seems more serious and professional, business people tend to like this show more than generic people.
Shark Tank
On the other hand, Shark Tank is more colorful, precise with pitches, and like a reality show.
This tends to focus more on the views rather than the business. Due to this, mass and generic people like this show more than Dragon’s Den.
Summary
Coming to this point, if you are still confused about the difference between Dragon’s Den and Shark Tank, here you go.
Dragon’s Den is more strict and professional, focusing absolutely on business. On the other hand, Shark Tank is more like a reality show, giving business insights briefly in a fun way.
Frequently Asked Questions
Here are a few commonly asked questions regarding Dragon’s Den and Shark Tank shows. Take a look.
Bombas has been the most successful product in Shark Tank. This company, selling socks and T-shirts to people, has currently exceeded $230 million in sales. This is also the highest sales recorded in Shark Tank.
Reggae Reggae Sauce is the most successful product in Dragon’s Den so far. It is a barbecue sauce that serves people worldwide now. This is already worth over $30 million.
The popularity of these 2 shows actually varies in demographics. However, Shark Tank seems to be more popular among ordinary people as it is more like a reality show. On the other hand, Dragon’s Den seems quite real and serious.
Final Words
Now you know the difference when it comes to Dragon’s Den vs Shark Tank! We believe you have no more confusion regarding these 2 shows now.
No matter which show is more popular or seems more interesting, you can actually learn from both of these. So, whichever you watch, make sure you understand the drills of entrepreneurs and investors to benefit yourself, too!
