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Most would declare that streaming countless hours of CBC’s Dragon’s Den or its American cousin Shark Tank as an utter waste of time. To the contrary, I would call it research. While show’s such as Dragon’s Den or Shark Tank will not make you an expert in early-round financing, they do provide many of the preliminary questions and concerns that any educated investor will expect you, the entrepreneur, to answer and establish.

Here are just some of the lessons gleamed from my constant stream of Sharks and Dragons that may help you before seeking any early-round financing…