Entrepreneur Left Six Figure Salary Job To Pursue This Business | SEASON 18 | Dragons' Den

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Jeremy Poland is pitching his company NGX to The Dragons. Jeremy describes his product as "The world's first genetically personalised meal shake". He's seeking a £50,000 investment for 2.5% of his company. What will Tej Lalvani, an expert in this market think of his company?
Season 18, 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 #BusinessPitch #Nutrition

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Опубликовано:

20 авг 2023

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Комментарии : 197

@GodotOfficial 11 месяцев назад

Jeremy: I am offering you 2.5% of my company Touker: 😴 🛌 💤

@wf3644 9 месяцев назад

It's been my new reaction to low salary increases. "I don't get out of bed for 4% more, I want 28% more or I'm out"

@Roadjull 11 месяцев назад

-"I have no idea who my competitors are..." -"You're very credible!"

@ShadowfinderMusic 9 месяцев назад

The criteria the Dragons deploy are so random and very often don't make sense. One day they are super critical and nothing is good enough, the other day they just take the deal without any hesitation (where they actually should hesitate). Shows they are just normal people and not calculating robots.

@SwiftieM 4 месяца назад

Right! He was bad with answering questions and they said his product did not taste good, no idea why he got a deal

@AwesometownUSA 2 месяца назад

“you’re very credible” is just dragons’ den code for “you’re upper class like myself, so I feel I can trust you more than I could a lowborn” haha

@macioluko9484 11 месяцев назад

The issue with all these personalized foods is that they rely on a subscription model that is despised by most customers. Also when a hear a bunch of serial entrepreneurs in one business my bs meter starts going…

@scienceevolves4417 11 месяцев назад

Yep, a goodbye fresh comes to mind...😊

@jamesmason8905 10 месяцев назад

Everyone is looking at it from the wrong perspective and will ultimately fall short lol its not who does something first that wins , even though they often do, its the ones who refine and improve with vision that win always. All these health and wellness and technology startups are jokers.

@danhudson4614 10 месяцев назад

The fact it uses DNA testing but not for a sample on the dragons and a five year exit plan stinks to me.

@crypticcomputing604 6 месяцев назад

Everything will be subscription model in the future. EVERYTHING. We're just having a glimpse of what's next nowadays.

@moogleking 11 месяцев назад

Sarah davies went straight to the point at the beginning with that remark

@stevesalt9005 11 месяцев назад

Sara

@StephenCarrIsBald 8 месяцев назад

@@stevesalt9005Sara jay

@InfernalDaze 8 месяцев назад

good one @@stevesalt9005

@HXCVII 6 месяцев назад

Must have really tasted awful 😅

@shsh-he5qg 11 месяцев назад

Tej :Who can you compare yourself to who exited for that sort of money ? Errrmmm errmmmm I don’t remember ! Peter : your very very credible and smart 😂

@ConsciousEntrepeneur 11 месяцев назад

What we see is a heavily edited version of the actual pitch. Likely they edited out the pieces where he proved his credibility so to give the impression the pitch was going south and then a last minute turn of events.

@qbal7562 11 месяцев назад

😂

@Sana-ik8fo 11 месяцев назад

@@ConsciousEntrepeneur You lose credibility when you cannot prove yourself on a very big claim. And that credibility cannot be claimed back. I myself could sense he was telling a lie or a madeup number.

@scienceevolves4417 11 месяцев назад

@@Sana-ik8foyep, he was a joker 😅

@scienceevolves4417 11 месяцев назад

@@ConsciousEntrepeneur There was literally nothing credible or original about that pitch and product, bro. Save valuation perhaps.

@andyb6120 11 месяцев назад

We need someone to put in some Shrooms. Now that would be the best clip ever! All the 5 Dragons doing something to each other!!!!

@cranegantry868 9 месяцев назад

Americans always thinking of drugs.

@76-UVB 11 месяцев назад

Bit of a chancer that guy, the six figure salary he gave up was probably £1000.10

@paulct91 11 месяцев назад

Ahh a decimal slider...

@Calm_wisdom 11 месяцев назад

That's 4 figures 😅

@colmwhateveryoulike3240 11 месяцев назад

Lol

@PriestessHephzibah 11 месяцев назад

😂😂😂😂

@normallyChallenged 11 месяцев назад

I checked him out. Before starting his company he was global head of a department at a management consulting firm. I work in the same industry. A low six figure salary is quite normal for his level of experience.

@SmurfyJCK 11 месяцев назад

A smart guy for sure, but for Peter to say he was "very very sharp" after being tripped up and caught out a few times was.... interesting.

@00Kuja00 11 месяцев назад

Editing.

@bobstirling6885 10 месяцев назад

He was admiring his sharpness in the mirror before he went in.....

@harrymartin684 10 месяцев назад

He was buttering him up before he made his offer

@ShadowfinderMusic 9 месяцев назад

Yeah, I thought Peter was unusually gullible this time

@NotInAsia 8 месяцев назад

well no the way he came back showed he was sharp

@edwardsnowdenofficial 11 месяцев назад

Wow if Tej wasnt there the other Dragons would have had the wool pulled well and truly over their eyes!

@trunderwood 11 месяцев назад

Peter's comments make him sound like someone who has no experience in investing at all. Co-Founder with previous exit buys himself a house? That's a perfectly reasonable thing - no individual could bankroll this themselves. Founders loosing motivation after dilution? My brother, this is why we have preferential shares. There's all kinds of red flags here - the founder does not look like he believes in what he's saying and for some reason his co-founders passed on the opportunity to be associated with this on TV.

@lynxthecreator 8 месяцев назад

This company is super big now, they took the wock to Poland 🇵🇱

@dulcettonezzz8229 8 месяцев назад

Blended food is absorbed differently to whole foods. You cant put everything in a shake or supplement

@adz5978 7 месяцев назад

He got humbled real fast but I’m glad Peter made the offer. He’s honestly the best

@AllieOopsTK 8 месяцев назад

I wonder if they ever test these products before the Dragons ingest them.

@rogerreed905 11 месяцев назад

The fact hes taking somones dna is a bit . . Scary . . . .

@scienceevolves4417 11 месяцев назад

He even looks a bit radioheady to me. What a creep

@SP-ie1vx 11 месяцев назад

I don’t know why, but he looks like he’s in disguise.

@HS-mz1lh 11 месяцев назад

It's probably TOM Cruise on a mission from the IMF to get the DNA of the 5 dragons 😂

@pneron2032 11 месяцев назад

It's Hillary Clinton

@withgoddess1119 10 месяцев назад

😂

@randomchannel5686 11 месяцев назад

90% of the time I agree with Peter but in this case I’d like to know what crack he was smoking that day

@user-st9oq1zy3f 9 месяцев назад

Sir Peter Jones? Is he a “sir”? Well anyway, sir or not, he is an international treasure. His quips are gold, but his razor sharp business acumen is what makes him our favourite Dragon.

@withgoddess1119 10 месяцев назад

NEVER give a DNA sample to ANYONE!!!

@macioluko9484 8 месяцев назад

Right you are!

@Bluecollarkiel 7 месяцев назад

Well...😉

@mitchellgrand3724 6 месяцев назад

Exactly!!!

@Jammin-thru-Life 11 месяцев назад

Collecting DNA..I'll pass!

@nisnga147 11 месяцев назад

raising a lot of other people's money but making no sales... sounds rad, I am all in! I see they have been getting some sizeable investment the past couple years, but also making solid net losses... see if they are here in 2 years

@Arnold1nspiration 7 месяцев назад

I doubt it. Reminds me of a crowd fund company someone I knew presented. Raised 60k. Don’t think anyone is ever seeing their money again. I was insulted the person even asked me for money.

@xkimxangelx 11 месяцев назад

12:38 that look of triumph on his face.

@officialrhysus 11 месяцев назад

Just went on Companies house, this company is still about! Love when that happens

@pneron2032 11 месяцев назад

Still losing money?

@CN-kf1me 10 месяцев назад

Still loosing everyone involved money 😂

@olimot8081 11 месяцев назад

So when touker chips in with some information Debbie rips his head off but she’s happy when tej does?

@_-4232 2 месяца назад

Tej popped off this episode lol

@ryansran3983 11 месяцев назад

Tuca more excited to work with Peter than the investment by the looks of it

@Quantris 2 месяца назад

do you know how much office space a guy like Peter could use?!?!

@MayorSom 7 месяцев назад

Every British entrepreneur: -sold kitkat, sneakers and skittles and vimto during school lunch -Left their 6 figure job in banking/ big four consultancy Yawning

@chrismcadam8413 11 месяцев назад

The arrogance from this man, saying how much of an opportunity it will be for Tej!

@nicholashunt9522 8 месяцев назад

Guy tried chatting BS to Tej 🤦🤦😂😂

@davidc4408 10 месяцев назад

6 figure salary in London is nothing

@mariosbar9892 7 месяцев назад

- Does it have sugar? - No - I am out

@dianp4824 9 месяцев назад

I rly like Peter for doing this.

@brendank4824 9 месяцев назад

I actually think this is a really good idea. I can see it being very successful. Similar companies have done very well (e.g. Athletic Greens and Ancestry DNA). Hope this guy keeps going and proves them all wrong.

@Tommybotham 7 месяцев назад

Its a dumb idea. Noone in the world is that unique to require highly curated supplement kits.

@discovery-dx3ry 8 месяцев назад

Never seen Peter invest in a dodgy thing before. Tej clearly said it doesn't work and similar businesses have lost money before.

@maximusandsenecagloballlc1209 Месяц назад

I was hoping he would say his focus market is nursing practitioners

@crystalawen 11 месяцев назад

What a liar ; he constantly got caught out ...

@cliverobertson6277 9 месяцев назад

Tej 😂....Now having a giggle to himself

@ianlister7333 11 месяцев назад

looks like its still going, but 100% sure if Peter and Touker did actually invest

@anubusx 11 месяцев назад

The biggest majority of deals fall apart after the show.

@ianlister7333 11 месяцев назад

@@anubusx it does sometimes feel that way

@leesmith813 8 месяцев назад

Is this series after Covid 19? This is the first deal I've seen where there was no hand shake or hug after the deal was done.

@UlrichRibbentrop 9 месяцев назад

The deal fell through after the show, NGX decided not to go through with it.

@Ken-P 11 месяцев назад

This company is still active and seems to be succeeding, If (and it's a big IF 😀) I'm reading the accounts correctly they made over £142,000 net income in the six months up-to February 2023. Obviously the £150 million pound exit in five years was a bit fanciful but it's always good to see entrepreneurs succeeding.

@mauharley 11 месяцев назад

Sorry, but you are misunderstanding the accounts. The 142k is what they raised in additional funding, but they lost 116k in trading. In the full year to February 2023 they raised 758k in funding, but lost 334k in trading.

@Liberty_Freedom_Brotherhood 11 месяцев назад

You’re not reading the accounts correctly and they do not even show the Profit and Loss account. Nice try though 👍

@scienceevolves4417 11 месяцев назад

Plot twist: the only IF in his accounts stands for "intermittent fasting".😅

@randomchannel5686 11 месяцев назад

😂

@honor9lite1337 10 месяцев назад

@@scienceevolves4417nice😂

@rjmunt 11 месяцев назад

Freshly prepared powder.

@kingkong9715 7 месяцев назад

Miss tej

@smith077906 11 месяцев назад

Giving your DNA to a corporation? 🙄🙄🙄 Go into work & find out your AI bot is working for you

@thejuiceweasel 11 месяцев назад

"enough money to buy a house" 🤣 what, like my little sister did?

@applepielofi 11 месяцев назад

Enjoy your lunch everybody! ❤

@imanishay 11 месяцев назад

Peter soon changed his mind didnt he

@nicolepretorius1178 3 месяца назад

Was I the only one wanting him to ask for at least more money then??

@moogleking 11 месяцев назад

3 months body transformation lol

@kathymaxted9485 6 месяцев назад

Meal shake...what an yucky idea... Just eat Food...?

@bvds2007 11 месяцев назад

these valuations are such a load of BS. On both sides.

@JThomasCamobell 4 месяца назад

not sure but most likely 90 percent of the world is nutritionally deficient and will eventually be taking something like this if doctors promoted it more but when do they ever check your nutrients instead just prescribe you something lol. alot of people take vitamins and supplements but a drink that includes everything you need all in one is very convenient. You're going to need to keep taking them for the rest of your life unless youre fortunate enough to eat all the foods that provide

@user-sf7kl9uh7k 9 месяцев назад

He threw his life away 😮

@crazy-jake 11 месяцев назад

Probably made him redundant / given up... Lol

@free_gold4467 10 месяцев назад

I'm shocked that he got investment, absolute rubbish.

@Pobsta-de7hb 10 месяцев назад

Peter whinges about how the other guy would prefer to buy a house, gets it explained to him the other guy bought the house before being approached with this so that is not the case, peter continues to whinge how the other guy would prefer not to invest his money in this but instead a house

@seekeroftruth8658 11 месяцев назад

When you thought bug 🐛 juice was where you at. Then tada DNA specific beverages🤡

@ashleyberry1116 10 месяцев назад

If the big un doesn’t like the taste it must be bad

@brandondavenport6147 11 месяцев назад

He looks like Aaron Rodgers

@marcelnz 11 месяцев назад

wow, who would've thought ,,, 150 million? yeah right..in 150 years perhaps.

@pc793 11 месяцев назад

I want to invest 250 million and cash out with 150 million.

@belizon 9 месяцев назад

Skip breakfast? What ?

@MAHAMUDWAHID 9 месяцев назад

By DNA you don’t need to eat much first more.

@amuthanshan 9 месяцев назад

beats buying one from aliexpress.

@LedFloyd333 11 месяцев назад

Somehow he reminds me of Groucho Marx.

@BR3ND4NK 10 месяцев назад

Why didn't he answer Tej saying he wanted to be the first business to achieve such an exit at a financial height he mentioned? Stuck in the mudd with sentences fillers of no meaning

@wrestlingkokichi 10 месяцев назад

I want less subscriptions in my life not more

@kichoojk 11 месяцев назад

Isn't he look like Indian cricketer Virat Kholi?

@asreneorlsd2814 10 месяцев назад

I’ve done my ancestry traits I need just average amount , now what

@emc59789 9 месяцев назад

Anybody can be a serial entrepreneur these days.

@meisterlymanu5214 9 месяцев назад

Dragons offer 50k, US sharks would offer 5m. We all know where the real money is.

@paulleadbeater480 6 месяцев назад

Americans can't watch TV without it pausing for dramatic music every 2 seconds. Shark Tank is one of the worst examples of this.

@geofreyr 11 месяцев назад

DNA based customized foods, sounds like a lot of rot really, waste of time. Who honestly could be bothered doing that when all you need is just a balanced diet etc.

@pneron2032 11 месяцев назад

Gen Z

@TheManInBlueFlames 11 месяцев назад

A lot of people take a balanced diet but still have a vitamin or chemical defiency.

@chunguchipalo5066 10 месяцев назад

@@pneron2032😂

@sagnikdey4880 7 месяцев назад

He kinda looks like the Cricketer Virat Kohli

@DustinRWallington 27 дней назад

Acts like 6 figs is something to brag about lol

@jamesroberts1964 10 месяцев назад

Should sell snake oil.

@SonyPicturesTelevision 11 месяцев назад

what a scam

@faelnavarros 8 месяцев назад

The dragons were very smart. If the guy believed in his business he would accept the offer, otherwise he would go to the market chase for some silly investor. With that said, I don't think that guy is creditable at all.. Hahhaha

@mikedennington8856 4 месяца назад

Yet another subscription based business.

@billyjesus5442 11 месяцев назад

Jeremy looked deficient lol.

@chrisbarry9345 11 месяцев назад

So its a scam... Our understanding of genetics is not nearly advanced enough

@onejediboi 11 месяцев назад

I only clicked on this because I tried to click on another video but the notification for this came down and I accidentally clicked on this

@rockymountainspirit738 11 месяцев назад

Tell us more about your situation

@emmanuelmonforte9928 11 месяцев назад

Thank you for that information young man. So please, tell us about yourself

@davicool4284 11 месяцев назад

Which viddy were you originally planning on viewing?

@HeHateMe1 11 месяцев назад

Happens to the best of us, keep your chin up.

@emmas5000 11 месяцев назад

Cool story bro

@JL-gf3yc 11 месяцев назад

2%🤣🤣🤣🤣

@Mishy475 11 месяцев назад

Isn’t this guy trying to smash 2000 pints in 200 days on tik tok?

@tyejoyce2226 10 месяцев назад

If this pitch was raised today, I think it would be a lot more successful. The rise in personalised DNA analysis from anything to heritage to diet has exploded.

@folk-comrade 10 месяцев назад

Idk.. This was only 2 years ago when DNA analysis was already very popular. I have several friends who recently bought a DNA kit for likely deficiencies like the ones Tej mentioned, but I highly doubt they would order vitamin shakes through an annoying subscription model.

@lancealex382 10 месяцев назад

Other than inserting the word, 'runway' into his remaining cash flow i wasnt impressed at all. He got caught out several times with his presented facts and responses, hadnt done his homework and couldnt get close wealthy friends to invest further. Thumbs down for me all the way. But then to give away 15%, showing a 5 year olds level of negotiation savy😂 im not sure who gor ripped off most on this one

@nickbond6447 10 месяцев назад

No need for the silly music BBC

@moogdome2562 8 месяцев назад

Crazy.I wouldn't be too happy for just a measly 2.5 per cent. I'm surprised the deal was done. £150million squid projection? I personally said. "'I'm Out''. Unbelievable, was it Aprial's' fools day?.

@ramydgr8 6 месяцев назад

He looks like a Caucasian Virat Kohli 😂😂

@evilisevilgoodisgood1421 10 месяцев назад

Most comments here probably come from people who never owned and never will own a business.

@motionmix2523 Месяц назад

So what's wrong in it?? Are there any rule that only business people can smell BS??? I see you been commenting about Steven, calling him a little boy/youtuber, by using the your same logic, i can say that it's coming from someone who is not a dragon and never will be.

@cranegantry868 9 месяцев назад

Messy presentation badly described.

@dirtytourist777 11 месяцев назад

150 mill! Absolute joker! Hope they go under!

@Tdashh568 11 месяцев назад

Wow you’re a bit sour

@jasperpike242 9 месяцев назад

looks like a joke product. wonder how it went

@thechanneloffun3760 8 месяцев назад

Peter was born rude and annoying and a pain

@amarieoflothlorien 6 месяцев назад

Giving your DNA to some guy with a fantasy story about some bad tasting "superfood" is not very smart at all.

@beateecee5563 8 месяцев назад

What a SCAM

@drpeppaerdrpeppaer5434 5 месяцев назад

You have no idea who your competitors are, Taj corrected you multiple times and you clearly have no idea what you are doing, "You're very credible!"

@chaytiano6896 11 месяцев назад

First🎉🎉

@THEPOLITICALBUSINESSMANYT 11 месяцев назад

"I have no idea who my competitors are..." _invest_ 😩😩😩😩

@ianoliver7271 11 месяцев назад

His company closed in October 2018!!

@brianlawlor4221 11 месяцев назад

I was just about to write "this company is sure to fail!!!" They seem to like the guy but I seem to think he's a snake but that's maybe harsh of me 😂😂