'Shark Tank' Stars' Top Advice for Small Business Owners

Lori Greiner, Mark Cuban and Barbara Corcoran share their tips for entrepreneurs.
1:05 | 05/15/14

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Transcript for 'Shark Tank' Stars' Top Advice for Small Business Owners
Well I feature small business owner in -- blanket your product going what you should probably do is figure out first if the market wants a product of because not of people make the mistake. Putting a lot of money to inventory forging ahead and nobody really who wants it. So I -- really find out first do people want you what you're ready to going to business for. And we just started not be allowed people -- cut up the fact that it's all about the idea. When in reality the idea is the easiest part the hard part is actually creating a fully functional business and recognizing that. 99.9 9% of the time you're gonna have a lot of competition and you have to out work them -- think some and that it's not easy. Home starting a small businesses there's nothing easy about it it's a lot of work. Don't waste any time thinking about doing it just get out there when -- young and too stupid to know any better isn't great charm to being young and stupid you just jump off the don't know what's gonna happen -- time services.

This transcript has been automatically generated and may not be 100% accurate.

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