Shark Tank Tips

8. How do you build a great team?

Barbara Corcoran: Always choose attitude over experience! When I hire people I make a habit of never looking at their resume because most people spend most of their life in the wrong job. I never hire complainers or excuse makers because they'll find a way within my company to do more of the same. People with a can-do attitude are a pleasure to work with. Positive people are willing to learn, eager to try and somehow find the solution to anything they don't already know. They're always great team players, and teams build big businesses, not individuals.

Daymond John: This is trial and error. Make sure people know their roles. Make sure they complement your weaknesses. Make sure they are focused and in the business for the right reasons.

Kevin Harrington: You can build a great team by bringing in people you usually could not afford by offering small piece of the action or an upside.

Robert Herjavec: Lots of ways – but the first thing is be a great leader. People naturally want to be lead and not managed. Look in the mirror – are you the one who can lead?