Finance mogul Marnus Broodryk joins Shark Tank

From rags to riches to M-Net’s Shark Tank – Young self-made multi-millionaire will boost businesses in new TV show

At the age of 14 Marnus Broodryk, who sometimes had to mow lawns and wash cars to pay for his school fees, started his first business, designing websites. By the time he turned 24 he was a self-made millionaire, and today this 30-year-old entrepreneur extraordinaire can boast that he has launched several multi-million Rand companies. For Marnus, however, making money is just as important as empowering others with the knowledge and resources to create their own successful enterprises.

That’s why Marnus, the affluent CEO of The Beancounter – an accounting firm that is making waves by disrupting the accounting industry in South Africa – has agreed go give away big money in M-Net’s brand new prime-time Sunday night reality show Shark Tank South Africa (for which entries close on Sunday, 31 July). Marnus will be one of the five esteemed financial moguls who will dip deep into their own pockets on television to make aspiring entrepreneurs’ dreams come true.

Based on the two-time Emmy award-winning US series produced by Mark Burnett (Survivor US, Celebrity Apprentice), Shark Tank South Africa invites go-getters with potentially lucrative products or business ideas to pitch their plans for their Sharks’ consideration. If the Sharks like what they see, they then offer the entrepreneur a deal and if more than one of them is interested, a bidding war can ensue.

“If you’re focused, driven, do you homework and know your numbers, Marnus might just be the Shark who takes your business to the next level,” says M-Net’s Head of Publicity, Lani Lombard. “He passionately believes that entrepreneurship in our country will blossom and our economy will grow if successful business owners support newbies – and he is willing to put his money where his mouth is.”

Marnus, who is also known as the hosts of a financial insert on the kykNET show Winslyn, is keen to invest in business to business services or products, ideally with subscription models; business models with a focus on SMEs; technology companies; e-commerce; and companies with a social impact.

“I am willing to support anyone who stands out – even if I don’t necessarily relate to the product or service,” he says. “But you will have to show me a proven business or adequate traction. I have a strong financial background and have worked with hundreds of small businesses in South Africa and abroad. I do understand what makes and breaks a business – and that’s often not what you’re taught in university text books. You don’t have to know everything yet, but you need to show your desire to succeed with a strong pitch that will capture my imagination.”

If you want to get Marnus’ backing and go from business rags to riches, you have until Sunday 31 July to enter Shark Tank South Africa by simply visiting www.mnet.tv/sharktank to submit your 60 second video pitch. Stay up to date with all the latest Shark Tank SA news and conversations via Facebook on the M-Net Shark Tank page, on Twitter @MNetSharkTank or by using #SharkTankSA.

Shark Tank SA is sponsored in full by Telkom SA and will be broadcast on M-Net channel 101 from Sunday, 2 October at 18:00.

SHARK TANK SA: DID YOU KNOW?

Over the years, M-Net has brought many riveting reality television show formats to our shores – from Big Brother and Idols to MasterChef, Survivor, and The Voice. Up next is the local version of Shark Tank, a show that many South Africans might not be that familiar with – yet!

Did you know, for example, that in the USA Shark Tank is produced by reality show guru Mark Burnett whose success stories include the Survivor and Celebrity Apprentice series? Or, that Shark Tank USA has raked in two Emmy Awards in the coveted category of Outstanding Structured Reality Programme?

Budding local entrepreneurs who want to make a splash in the cutthroat world of business have until 24 July to enter Shark Tank South Africa. If they have what it takes, they will be able to pitch their business idea, product, plan or invention to five business moguls, also known as “Sharks”. If the Sharks like what they hear, they will open up their own purses to bankroll these dreams into reality.

Here are some more fun facts that will make you want to swim with the big fish in M-Net’s Shark Tank South Africa:

Shark Tank actually originated in Japan, and was originally a format called Money Tigers. Producer Mark Burnett then adapted into Shark Tank for American audiences. To date, there have been eight US seasons of this popular show.

It’s been speculated that it is statistically harder to get into the US version of Shark Tank than being accepted to Harvard University.
The simplest ideas often make the most money. While many entrepreneurs in the US version came into the Tank with ideas for apps or tech products, the simplest consumer goods have seen the most success inside the Shark Tank and also in the American marketplace. American Shark Lori Greiner once said, “If you have one genius product and good entrepreneurs, you can turn that one product into a huge success.”

Shark Tank often gives entrepreneurs a valuable boost even if they don’t end up cutting a deal with the Sharks, due to the exposure that brands receive just by being on prime time television.
Ashton Kutcher appeared as a guest Shark in the first episode of the US’s seventh season, and turned out to be a formidable investor!
Shark Tank has been made in many different territories in the world, including Australia, Portugal and Italy. The British version of the series, Dragon’s Den, has also been popular around the world with adaptations in numerous countries.

Apart from having won two Emmy awards for Outstanding Structured Reality Programme, Shark Tank USA has also been on the receiving end of three Critic’s Choice Awards.

You can enter more than one business idea to get onto Shark Tank SA. Simply visit www.mnet.tv/sharktank to submit your 60 second video pitch!

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