Is This The Most Dramatic Turn-Around EVER? | Dragons' Den 

Philippines are the Best. Love them.

Aye

Why I...

Don't tell that to young suzie

to mimmick the traffic ?

He was going to, but the lady at the cleaning supplies place said she didn’t like the idea

Nobody forced him to do anything he could have walked without a deal and still had 100% of his company

@@anthonyp2312 you’ve never felt slight pressure have you

Bullied is absolutely the correct word here - they knew he was onto something, and they bullied their way into having more fingers in the pie. Pure exploitation. The rich get richer.

You need to think a little bit beyond the basics. You're getting 3 dragons that have the potential to blow the business up in a big way. All they need to do is make the business worth double the value and the guy is better off financially. And they have the potential to make the business 10 or 20 times larger than he could do on his own. That's the difference between 100% of a million or 55% of 20 million.

@@jakecooper5855 Does all potential favours business at all times?

he didn't show evidence for it

Exactly he left a vacuum. Couldn’t name the licencees and did not make a counter offer.

His revenue will soar because of the trio. He must be grateful for it.

First thing I thought when I heard him say it!

Aye :p

He also gave the slurp

You've just shown you have NO IDEA what you're talking about!!! 3 DRAGONS on board???? Insane. Those 3 leeches are gonna SUCK THEM DRY!!!

That might not have worked

They would have said no. To much work needed. This only works when 70% of the work is done. His buisness wasn't even worth 100k.

After the show the deal fell apart because of concerns over equity dilution. He got a better investment anyway.

Whenever I see this in the den it perplexes me. However in Shark Tank it seems to happen every pitch

It works doesn't it. He's not being childish he's applying pressure to protect his own interests

@Louise Sparkles 💋 Debra is the most straightforward person on the bench. She tells it how it is and doesn’t mess people around with false hopes. If you’ve got something, she wants in. If not then she won’t waste her time! She’s an icon and knows her stuff, also one can argue she probably has earned the right to be rude 😂

He is a child

@@Forwarrd it is not entertaining it real money and real people fighting for opportunities

Capalists = successful smart business people ☺️

Dude had 33K turnover for 3 years. No growth, not even mention of profit here. Coconut surfactants are everywhere. EVERYWHERE. I use them in most of my products.

Oh hey.. When did they add internet in the gulags?

I would even be happy to even give 25% each to 3 dragons. 25% of something VERY big is better than 70% of something small.

@@turiguliano416 idk if im misreading what u wrote but if u give away more than 50% of ur business u dont own it anymore, your not the biggest stakeholder. Thats why u never see offers on the den over 50% or even 45

@@turiguliano416 he was focussing far too much on the 3% to 40%. Rather than owning 100% of a 30k a year business, when he could own 60% of a global brand

He had a business with 30k turnover lol

LMAO.. he pitched a business worth ~50k and got an investment worth ~180K.. I think the Dragons were too generous in this case.

Don't you mean Dragons?

I mean, offering 3% is just ridiculous, whatever way you see it. The way I see it, it is like coming into someone's house for dinner and bringing an m&m to show your gratitude for having been invited for dinner.

Sideshow Deborah lmao 🤣

This guy did not have what it takes.

He is indeed an 'ideas' guy. Not a marketing, sales or finance guru. Completely different skillset.

Exactly, That is why he is in the den. He is a good chemist and poor salesman. They bring different skills to the table !!!

When it comes to actually signing the deal, either party can walk away. This is not shown on TV.

I think you'll find there's a lot of people interested in that and it's growing. Even if people aren't interested in going into a vegan diet, they'll appreciate having less man-made chemicals in it, specially for baby stuff.

Tell me a Palm Oil surfactant is better for you and the environment, I dare you.

@@taranullius9221 palm oil isn’t animal products so is still vegan…nice try though.

@@Technicallyimright Imagine saying this in full confidence not knowing what palm oil is and how it’s obtained, lmao.

@@Technicallyimright I'd definitely recommend a quick Google search about the environmental impacts of palm oil plantations before you say something like this 🤣

because its show bussiness

They’re maybe told to exaggerate . I still feel bad for the poor guys going on tv

predatory capitalists

@@lose8447 nothing wrong with capitalism. It’s just called greed

@@TheJohnCooperShow Quite right. Greed, or avarice, is one of the seven capital sins. I hope the Dragons enjoy their filthy lucre while they can, because without a major change in priorities, their eternal fate will be too horrible to contemplate.

Robbed him how? His 2.8mil valuation was crazy. The dragons are adding value to his company.

​@@austinbux I agree. If the valuation was lower they would have taken a lower equity, like they basically said.

I Salute your country men to.

Everything wrong with the world on display right there…

How so? The guy is an inventor, his business was barely existent. He barges in with a valuation so sky-high it's barely worth discussing. His only idea of moving the business forward was to hire someone else to do it for him... Using Dragon's investment... By not by Dragons themselves so that they wouldn't have high equity. That's so backwards! Of course they are insulted by this and either insult him back or offer money for half his company - which is entirely reasonable (Touker literally says "you develop and we'll sell it). Deal was signed, company is still active. How are the Dragons in the wrong? Are you expecting them to pat him on the back for the effort? That's not how the business world operates

LOL 🤦‍♂

Couldn’t have put it better!!!! The irony!!!! Double standards

First impressions matter. When you come in with a high valuation that doesn't match your sales from the start, you can't expect the Dragons to pat him on the head and say "aww try again mate". This is business, your good idea can be shut down if not presented well. Your feelings don't matter.

Barely

Why? He had no sales. He had ideas but zero idea how to convert it to market success. Just go rewatch exactly what Touker said to him straight after the deal was accepted. Look at what Sarah said about the negotiating. That says everything. The Dragons knew this guy was smart on inventing but he really needed someone who could convert that to a successful business. They added HUGE value and chances of success to the business.

45% was a bit on the high side, but, this guy is almost clueless when it comes to business. I think 45% was a deal.

What from his 30k a year business lol

A million over many years at the $33,000 turnover a year and that's not even profit.

Exactly and he did admit he's need to take on a marketing company but now he doesn't need to with the golden trio onboard. He just needs to do what he does best and they sell in.

very silly to believe that any dragon will make the business 20x larger. At the end of the day the entrepreneur will be doing all the work, I do not think any dragon will take on a full time job at his company

@@ArinzesProject seriously, these people are deluded lol

@@ArinzesProject You didn't really watch the video did you? Or at least paid very little attention to what was said. He quite clearly acknowledged being an inventor lacking business skills. He would not make anything of it on his own. In this case the dragons could make it infinitely larger compared to $0. But hey I'm sure you're a successful genius putting them all to shame.

It made 35k turnover in the third year. That's not even the profits yet. Even if you miraculously make half that into profit (normally you'll be lucky to have 10% of the turnover) then that makes it 17.5k profit split into investors. If you owned 50% of that company, you get 8.75k a year for 85k investment. It would take you 10 years to get your money back if even that. That's putting your time and money in for basically 1/5 a normal wage job. The more you own of a company the more work you'd have to do because nobody else will do it other than the people who own the company. You're better off putting that 85k in a time desposit. Probably get 3% and keep the 85k and 2.5k interest per year, which compounds every year and makes even more money for no work at all.

Google em.

@@aa4488 don’t reply to me if you are not replying to my question

I find it 'offensive' that they all just happened to want 45% of his bussiness

@@paralogical What you find offensive is irrelevant.

The name nimble already exists it's a payday loan company in Australia

@@Uvray look at you with your big words

@@misterk662 What's that got to do with it? There's also a bread called Nimble that was around since the 1970s. Here, we're talking about Nimble, the company that makes baby cleaning products.