BBC - Dragons' Den - Page 2

tamecrow · 26-09-2007, 02:00 PM

Quote:

Originally Posted by Brian Turner

It's funny when the dragon's push for a higher share of the company and the entrepreneurs cave in - allowing for 50% ownership instead of pushing for 25% (as an example) means if the company has an asset value of £1m after 2 years, they've already lost £250k by rushing into a quick decision.

That's the point. The company wouldn't be worth £1m after 2 years without the Dragon's experience and expertise.

Joff · 26-09-2007, 03:41 PM

Dragon's Den is a fantastic platform for giving inspiration to those that have an idea for a product or service but don't have either the business acumen or the funds (or both!) to get the idea off the ground.

You do need to worry about some of the "contestants" who are afraid to accept a Dragon's offer when a higher share of the company is requested. Just because they're not going to be making 70% of the profits doesn't mean they're going to lose out! The Dragon's wouldn't entertain an idea if they didn't think it was going to make them a lot of money.
I'd rather have 40% of something than 100% of nothing.

tamecrow · 26-09-2007, 03:48 PM

Quote:

Originally Posted by Joff

I'd rather have 40% of something than 100% of nothing.

Spot on! That's what I was trying to say

lightload · 29-09-2007, 07:13 AM

Dragons Den is a great programme but what I have found after interviewing a number of the people who appeared on the show is, the people who received no money have done better than the people who did receive money

Joff · 30-09-2007, 09:55 AM

Quote:

Originally Posted by lightload

Dragons Den is a great programme but what I have found after interviewing a number of the people who appeared on the show is, the people who received no money have done better than the people who did receive money

I'm sure those that have a proper saleable product have just as much chance going it alone or with backing away from DD, but there must be hundreds that got onto the show with no chance whatsoever of getting their product off the ground, regardless of how much time or money is thrown at it.

brooke · 04-10-2007, 12:41 AM

I wouldn't go anywhere near what the BBC was doing. I'm looking forward to roasting dead dinosaur flesh. Soon..... Very soon.

26-09-2007, 03:41 PM	#12 (permalink)
Joff Senior Member Join Date: Sep 2007 Location: Peterborough Posts: 318	Re: BBC - Dragons' Den Dragon's Den is a fantastic platform for giving inspiration to those that have an idea for a product or service but don't have either the business acumen or the funds (or both!) to get the idea off the ground. You do need to worry about some of the "contestants" who are afraid to accept a Dragon's offer when a higher share of the company is requested. Just because they're not going to be making 70% of the profits doesn't mean they're going to lose out! The Dragon's wouldn't entertain an idea if they didn't think it was going to make them a lot of money. I'd rather have 40% of something than 100% of nothing.

29-09-2007, 07:13 AM	#14 (permalink)
lightload Junior Member Join Date: Jun 2007 Location: lincs Posts: 8	Re: BBC - Dragons' Den Dragons Den is a great programme but what I have found after interviewing a number of the people who appeared on the show is, the people who received no money have done better than the people who did receive money __________________ http://www.tradingmanchester.co.uk Get your free business listing now and read all our great business articles

04-10-2007, 12:41 AM	#16 (permalink)
brooke Senior Member Join Date: Oct 2005 Posts: 145	Re: BBC - Dragons' Den I wouldn't go anywhere near what the BBC was doing. I'm looking forward to roasting dead dinosaur flesh. Soon..... Very soon.

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