Nicoles Magic Spatula
  • Home
  • Business & Finance News
  • Advertise Here
  • Contact Us
  • Privacy Policy
  • Sitemap
Select Page

Dragons’ Den – sharing is caring, S19, Ep 13

May 14, 2022

Dragons’ Den – sharing is caring, S19, Ep 13


By Dom Walbanke on Small Business UK – Advice and Ideas for UK Small Businesses and SMEs

Peter Jones of Dragons' Den

This week’s episode featured the worst pitch Sara Davies has ever seen in the den, Peter Jones to feel like he was in Las Vegas and Steven Bartlett to shut down an “immature” brand name.

But first up were affable sisters Alex and Jenny McFadden and their stylish easy-access maternity wear, Pretty Mama.

Related Posts:

  • Who was the thriftiest dragon in this series of Dragons' Den?

They were after £30,000 for a 20 per cent share in their clothing range which features subtle diagonal zips for breastfeeding – a design ready patented. Tick! Much of the range is also made from recycled clothing. Another tick.

Would this be an opportunity the dragons would be quick to latch on to?

Touker – surprise, surprise – questioned how much they were buying their product for. £20 per item bought in batches of 50 went down as well as you would think.

To his credit though, despite the revelation both sisters work full time jobs and he didn’t think it was investable, he was happy to share with all the other dragons for 30 per cent of the business.

Incredibly, all but Deborah were up for it, desperate to help out the likeable siblings. I mean can you imagine dealing with four dragons… you have to feel for them.

“With four dragons, you’ll basically have the Avengers” Peter Jones said with a tremor in his voice.

“I love the Avengers” came a teary reply from our timid Alex. It was all so heart-warming, and with that we had a deal.

“I feel like I’m going to be sick” she then revealed in the lift. Well, that killed the mood.

“This is the worse business proposition I’ve heard since I’ve been in the den”

Sara Davies

The family theme continued with Richard Davies, his wife Samantha and her son Tommy, who were looking for £50,000 in return for a 15 per cent share of their half champagne, half gin drink, Gasm.

Would the pitch go down a treat or would they bottle it?

Well Stephen wasn’t in the party spirit, finding the “immature” name not funny at all. Honestly, that should have been the least of his worries – the business was running losses in the hundreds of thousands and they were now looking to invest… wait for it… half a million in a bottling plant of their own. Jeez, no wonder they let the dragons have a drink before the questions.

“If I could get on my knees, I would beg you ‘do not build the bottling plant’” pleaded Deborah.

They’ve already committed to it, haven’t they…

“This is a fabulous product,” Sara said. “But you two are terrible business people.” Ouch. “Because this is the worst business proposition I’ve heard since I’ve been in the den.”

No popping open the champagne for this family, then.

At least Richard looked on the bright side. “Not disastrous, they all enjoyed it” he said in the lift afterwards, taking ‘fool’s paradise’ to a whole new level.

Next in was Andrew Perkins, wife Rene and South African born Luis Canto E Castro aiming to make the world more accessible to people with disabilities.

They were after £100,000 for 5 per cent of their business, City Maas.

Their website plugin, Assist Me, allows people to interact with any website, based on their needs and preferences. That includes changing word spacing for dyslexia, colour contrasts for colour blindness and a map of accessible places in a city.

Would they get access to the dragons’ cash?

Well, no, unfortunately. Though the panel liked the idea, they didn’t see an investment opportunity with their current strategy and the three left the den disappointed.

Chris Burdett and Alex Lever were last up with PipeSnug, looking for £100,000 in return for 7.5 per cent. This cheap house pipe sealant doesn’t have any competition they’re aware of, and with new regulations requiring all house pipes to be sealed with a pipe collar, it seemed they were on to a winner.

But was this really a gap in the market or just another pipe dream?

Sales certainly haven’t taken off, leading the dragons to ponder what was stopping this business from cashing in. Everything, it turns out, balances on what happens once the building regulations come into play in June.

“This ranges from selling very little indeed to absolutely cleaning up” piped up Deborah.

“I almost feel like I’m in Las Vegas, that is the level of risk here” Peter added before making an offer of half the money for 15 per cent. “And this is the first time I have made on offer on something I find really boring.”

Deborah joined him and the duo clinched a deal, giving us the rare event of two joint deals in one sitting. Time will tell if they manage to hit the jackpot.

More Dragons’ Den

Dragons’ Den: our dragons lock horns – S19, Ep12

The post Dragons’ Den – sharing is caring, S19, Ep 13 appeared first on Small Business UK.



Source link

Recent Posts

  • Hot Stocks: ROST plunges on earnings; DECK rises; cybersecurity rally; BA sets 52-week low
  • Russia allows 15 companies to remain listed abroad – finance ministry
  • How (and Why) to Do Domain Background Check with Bill Hartzer
  • A Complete Guide to Understanding Equipment Financing
  • How to Manage a Remote Workforce And How to Become a Book Author » Succeed As Your Own Boss

Archives

Categories

Visit Now

business acumen
May 2022
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Apr    
Intellifluence Trusted Blogger

Tags

Amazon Fba Business At&T Business Login Atlanta Business Chronicle'S Boss Baby Back In Business business Business Administration Degree Business Attire Women Business Card Design Business Cards Templates Business Casual Dress Business Checking Account Business Credit Card Business For Sale Near Me Business Intelligence Platform Business Lawyer Near Me Business Loan Calculator Business Name Ideas Business Professional Women Business Spectrum Login Capital One Spark Business Carl Weber'S The Family Business Charlotte Business Journal coronavirus Custom Business Cards enterprise Florida Business Search Fl Sos Business Search Harvard Business Publishing Insurance For Small Business Kelley School Of Business Maryland Business Express Moo Business Cards National Business Furniture Ohio Business Gateway Onedrive For Business Online Business Ideas Paramore Misery Business Risky Business Cast Small Business Insurance Spectrum Business Customer Service Tom Cruise Risky Business Us Small Business Administration Verizon Wireless Business Verizon Wireless Business Login Yelp Business Login

BL

LP

TL

  • Facebook
  • Twitter
  • Instagram
  • RSS
nicolesmagicspatula.com
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT