Automobile Entrepreneur Builds A Business After Serious Accident | Dragons' Den

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Ex-Fireman Andy Bates set up a car manufacturing and servicing business after suffering a serious accident a few years ago. He's seeking an investment of £50,000 in exchange for 10% of his company, AB Performance. Will The Dragons want to accelerate the business?
Season 9, Episode 6
An international sensation, Dragon's Den features entrepreneurs pitching for investment in the Den from our Dragons, five venture capitalists willing to invest their own money in exchange for equity.
#DragonsDen #Cars #Motorsport

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Опубликовано:

7 фев 2023

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Комментарии : 136

@SuperArmus Год назад

Best pitch I have seen on this show. The guy was super nice, honest and professional.

@b-dogs1038 Год назад

Yes a down to earth presenter & no frills pitch

@kierandesouza7678 Год назад

like they all appear to be, you seen his company's net worht? almost - £200.000k haha

@RebinQaderi Год назад

Agree

@RebinQaderi Год назад

Well-headed

@LOrealHardly Год назад

If there was ever an entrepeneur to invest in it's this guy, amazing composure and pitch. confident but humble.

@TheArccore Год назад

But did you see how MASSIVE Peter is next to him !

@zlatkostevanovic5891 9 месяцев назад

@@TheArccore because peter is 6'7 what do you expect

@967mviews2 Год назад

Back in the day when entrepreneurs dressed in suits asking for investment to be taken seriously, unlike these days when they rock up in scruffy jeans and t-shirts asking for £1m for 1% equity 🤦🏻‍♂️😅

@JazzyMarineVet Год назад

Exactly. I wish the Dragons and sharks would tell them to put their best foot forward. Unless the pitch is about beach wear, outdoors or some clothing connected to their product or service, they should give their best professional look. This guy could have worn a race car drivers uniform with gloves and a helmet and that would have been appropriate.

@tattoodrdoke Год назад

The dragons are interest in profit. If a business is profitable and can demonstrate sustainable growth they will invest. Having a suit doesn't mean your business is doing well. It's a very old fashioned approach to matters. A nice suit and a firm handshake are the bench marks of success 🤔 🤣 😂

@MrZeldion Год назад

Depends though. Dragons, particularly Debra has complimented people for showing off their style, or personality. She's also stated she loves when someone comes in and shows personality. Which lacks often when things are usually very formal. I think context matters. If your coming in to pitch for a high up beat fun business etc then something to show off the brand or the kind of energy you want is fine also. Some of the best pitches have been done by people who have worn casual clothing

@version736ha2 Год назад

Spot on

@yeetusfeetus7877 Год назад

This video is 7 hours old and suits are still a very, VERY common thing.

@wooly1950 Год назад

Hope it goes well for Andy, such a humble and nice guy

@dangen4 7 месяцев назад

sadly the company got disolved in 2020 with a net los of about 350k

@raalaa121 Год назад

So many classic episodes I never watched the first time round, this channel is amazing.

@freedomutopuia 5 месяцев назад

I'm so shocked to see a Den pitch I haven't seen before!!

@thomasagnew8534 Год назад

Anyone else obsessed with these videos?

@michaelsheridan2564 Год назад

Yes can't stop watching either lol

@hamza361 Год назад

Been watching this show religiously since like 2009

@youngma5296 Год назад

yes

@davidmg1925 Год назад

yes

@georgev56 Год назад

There’s a reason they made so many seasons…

@nikkicole3331 Год назад

What a genuine nice guy. He is a great example of someone who suffered so much physical and emotional pain who could have just given up and instead has done something phenomenal. You set a great example! Cheers from the U.S.

@kevinprior3549 9 месяцев назад

You can tell he suffered a bad injury.

@johnhewett9483 Год назад

what a nice fella i wish him all the succes in his endeavours

@Sam-xq8xh Год назад

Covid ended them at the end of 2020 unfortunately. Their brand has since been bought

@Mogamishu Год назад

@@Sam-xq8xh Covid did not end them. The response to Covid and the draconian Covid policies are what ended it.

@KF2NationalKartcrg Год назад

@@Sam-xq8xh I have had the chance to race in one of Andy's cars for a year and a half and the spirit of him and the business is still alive here in Denmark today. Andy is such a good fella with lots of passion and wisdom in this field - I hope he one day will be back here with more good stories to tell!

@randomchannel5686 Год назад

I just love Duncan’s smirk at 10:45 😂

@hamza361 Год назад

The deal did close in the end but eventually Peter decided to step away from the company. AB Performance went out of business last year. It was a very niche market.

@Nick-7432 Год назад

Thank you 👍

@illuderebeliarh1260 Год назад

well, the episode is from 2015 so they had a 7 year run. Probably made some money but couldnt deal with Covid.

@hamza361 Год назад

@@illuderebeliarh1260 definitely not 2015 before that.

@cesilko007 Год назад

AB performasce for BMW is legend

@vonder7 Год назад

@@Dontworryaboutit23 2011

@devicebackup664 Год назад

Peter Jones is all about presentation, however in the newer episodes, most of the entrepreneurs come dressed casually

@LeoTomass Год назад

Wow .. well deserved !! Hoping this man is making the fortune he deserves.

@atulminocha Год назад

Best guy after a long time. He is truly honest.

@NomadEntrepreneur Год назад

Talk about turning a negative into a positive! 💪 This automobile entrepreneur took a devastating accident and turned it into a successful business. The Dragons better watch out, this one's got determination!

@Billy_B Год назад

What a nice guy, hope he does well

@phil8145 Год назад

How do they keep releasing these old pitches I've never seen! Are they using a time machine to make more?!

@dannytrebilcock9774 Год назад

I thought the same! Pretty sure I've seen every single episode but every now and then I get surprised.

@peaty32 Год назад

Excellent composure, great pitch. May be a niche play though.

@CKD3332 Год назад

Duncan made an outrageous offer on purpose, so that the guy would ignore the high percentage Peter asked for in the first place. It didn't even really give him a choice of even bringing Peter down. This was clearly staged for Peter to get the deal.

@cekojuna6930 Год назад

If any Duncan made the higher offer based on risk assessment. Surprise surprise! He is right! The company failed! Rigged in favour of Peter my butt, he set it up for him to fail. If you paid attention, if the guy actually believed in his business to succeed Duncan’s offer is the best one by far. He chose Peter because it’s just a safer option and he doesn’t need to meet those targets. In other words, Duncan knows his business isn’t sustainable.

@trudoug Год назад

Now that was worth seeing!

@bullit-edd 10 месяцев назад

Got to agree he is nice, well dressed and polite, you dont see many like him

@Horizon344 Год назад

Something went wrong here, the business never got off the ground & it ceased trading after 10 years in 2022.

@TheManInBlueFlames Год назад

10 years is a long time.

@Horizon344 Год назад

@@TheManInBlueFlames It was a v. small company in that time doing little business.

@yajurVeda Год назад

The bloke was top!

@kevindevilliers3572 Год назад

Great guy.

@gtmode6947 Год назад

What a cool guy

@ThePrimeMinisterOfTheBlock Год назад

That Peter sure is tall

@anubusx Год назад

I really want one of those.

@Farquad76.547 Год назад

Bot

@greatergoodfijithegreaterg6272 Год назад

The business is already netting 100K and Peter buys in at 143K evaluation - Does not seem fair.

@richardjennings7050 Год назад

They the sharks are cheap bastards

@74aamer Год назад

Oh I know Peter loves cars

@imanishay Год назад

Duncans face 🤣🤣🤣🤣

@FZA1980 4 месяца назад

Top guy wish him all the best

@bartbounce7205 Год назад

Good story, good profit, good valuation & fun product. Can t believe not all the dragons were fighting for this deal. Offcourse Duncan & Peter took a shot.

@dreo6769 Год назад

Wow. The guy was even sweating

@kylepinner5372 Год назад

This pitch a great, but unfortunately this dragons den episode is so old. Hope the guy is doing well today

@Sam-xq8xh Год назад

I don't know about the guy but unfortunatly the business went at the end of 2020, following a year of race tracks being closed due to Covid. The brand (AB Performance) has since been bought byMK Sportscars and Kit Car Direct

@jessebella9322 Год назад

Can I have one? OK fine, let me drink just a tiny bit of the fuel? Give me a glass, just a drop, ok give me the steering wheel, ANYTHING, I WILL TAKE ANYTHING Producers: For god sake JENNY, you are not even in this episode... Please just get out and go home!!!!!

@nigelwilliams9307 5 месяцев назад

What a nice guy.

@Clipahoy 10 месяцев назад

Rest in peace Hilary

@leeporter4199 Год назад

This man is smoother than melted butter 🏎️🧈

@euroyaya8792 Год назад

This guy was swarve 👌🏽

@olnium Год назад

This guy sounds like Brian from Brian Farnet 🤣

@jamesyboy4626 Год назад

Duncan was just exposing him, if he knew he would hit his targets Duncan was the better offer. That's why he went with Peter pretty fast and didn't even try and negotiate with him lol. Maybe Peter does have a good idea and he'll make it work who knows. My guess is Duncan saw through it and it will fail.

@CabbageYe Год назад

It says the company dissolved in 2022

@loopykill Год назад

50k is pennies to some of these guys, 35% for his whole business lol greedy

@HAn-ie2zp Год назад

Anyone know how it went for this business?

@Chi_Vid1 Год назад

it went bust 2020

@RockyDave Год назад

0:10 Cover comes off the car... I'm in! Anyone know what bike engines he used in the cars? I'm guessing big straight four engines like the Suzuki Hayabusa.

@gideonMorrison Год назад

Lawnmower ones

@RockyDave Год назад

@@gideonMorrison Er... no.

@barbaramelone1043 Год назад

@@gideonMorrison Those are Trabants.

@KF2NationalKartcrg Год назад

Honda CBR engines mainly

@cookieassassin12 Год назад

I feel like we’re in the 2000s 😂

@comicbookdude Год назад

Did Peter Jones have his hair dyed black?

@LunchMeatTrump Год назад

I didn't know that Jason Statham was on dragons den

@davidlinderman7166 Год назад

Who shall be unusually quiet today?!

@dannyholmes5156 Год назад

I heard Jenny bought this car so I thought I'd go around there to make sure yet everytime I do visit it's never there She must constantly be out

@mrali5196 Год назад

Just imagine if she batted for the English cricket team...... She'd be out

@kevinprior3549 9 месяцев назад

You can tell Andy had a bad injury. He does look like he is gingerly walking around. Which is understandable.

@over50andfantabulous59 Год назад

Company dissolved September 2022.

@alanhill769 Год назад

If you want to learn the true cost of money, try and borrow some. Especially in a pool filled with hungry sharks, just waiting to consume it's prey.

@donjoe2661 Год назад

Company dissolved in Sept 22

@willowwren7752 Год назад

Another very old one 😢

@Kiwionwing 9 месяцев назад

They joke in car industry How to make a million Start with 10 million

@shedddddddd 4 месяца назад

Looks like company folded 13/9/22

@Barberdon2022 Год назад

Peters the man and always will be

@team3383 Год назад

Ancient content.

@thealien_ali3382 Год назад

This guy is g

@richardanthonygilbey Год назад

BrrrrrVroom

@peterdooley667 Год назад

The robbing dragons cartel 3 say no to set up a deal for the egotistical Peter

@BruceWat Год назад

It seems AB Performance (owned by Andy Bates) was rather successful, but went bust in 2020 due to covid. The name AB Performance may still be on the market, but it is no longer owned by Andy. From what I looked up MK Sportscars and Kit Car Direct have taken the brand.

@KF2NationalKartcrg Год назад

Correct - Though one of his car models (Arion S2) was bought and brought over to Denmark, where a small scale production has been started. Among the three, the spirit of Andy is still alive.