Making Plug Sockets Safe While They’re Being Worked Around | Dragons’ Den 

He also said, "for that reason… I'm in".

200 comments only 51 views... how do you not have at least 100k subscribers!! I love this little "Schmit's" dedication...

Thank you for the great comments 👍

Literally said that when Theo said thar😂😂

What they mean is that it is a lot of money to invest in this type of business, but that he will need more money to grow

Stick to Shark Tank

It's the conundrum of small businesses. 100K from one person is a LOT of money to ask. But, at the same time? A business needs way more then 100K, to expand out of the plateau. It's where the Dragon's Den formula gets issues. Another issue is time value. How much will it cost to put the effort in, when they could put that in another company?

100K isn't much to them, I think they were just trying to sweat the dude for more equity.

@@Arc-Trinity It's less about the inherent value of 100K and more about what it _could_ be. That 100K could be thrice as much if invested in the next person who walks into the den - it's the potential of cash, rather than it's value, that is important to investors.

👍

@@sockitz.splatez legend

👍👍👍

Theo has been saying that for years

That pun is sinking like the Titanic...

Duncan: Och, it's absoLUTELY redickkalus. Loady nonsense. Ah cud FART further than that piecea plastic crap

👍👍👍

So what trade takes the shields off and tightens the socket covers back after plastering/tiling or painting works are complete?

@@simas222 handyman does it :) … he does all the snagging and tidying up and once complete removes and tightens the screws. Simple and easy

I'm not sure you're right there. According to Companies House Data, Sockitz Ltd. is currently worth negative 27K with only positive 4K assets and over 40K of accrued liabilities to creditors. it also seems the Dragons left him for dead as they are not listed as shareholders and the company has gone from being classed as a small business, to being a micro business.

@@els236 sad

@@keylupveintisiete7552 he replied to my other comment, check it out xd

@@keylupveintisiete7552 almost all of dragon deals age a dud.

@@els236 that doesn't add up? they're wildly available and in mass use?

That's because shark tank is almost entirely fake 🤣

@@Sam-yr8ls it’s a tv show so why would it be fake if they’re pitching to multi millionaires

@@clk63amg5 sorry I'm not sure what to say, I don't know if your young or whatever. 100% of most American reality TV shows are fake. You realise things like Jersey shore are %100 scripted right? The ultimate fighter, the bachelor, everything is %100 staged. Almost every business on shark tank the pitch is %100 totally scripted, they are just thier to advertise thier business, thier due diligence hardly ever happens and almost every deal ever made never goes through and isn't serious (bar a few where seperate serious meetings are done off camera but juiced up for the actual show). Almost all the time thier numbers are absolute pie in the sky, and when you check thier accounts online, it's nothing like what they make out on the show. Alot of the American dragons are not as wealthy as they make out and have dealing with super dodgy pyramid schemes. Uk version and culture you can't get away with as much silliness so it's all real, which is why they make alot more fuss over giving out the money. Despite this, even accepted deals still rarely go through due diligence because by the time the dragons tooth comb a businesses accounts and history, most people lie etc and so even the English ones most of the time don't go through. But uk version is at least real 👍

You'd have to divide that by 2 to compare it with BPS.

Because most of the companies on shark tank are already very established and turning over millions of dollars a year. Hence why they're asking for million dollar plus valuations. Dragons den seems to be more new or startup companies, not ones who are already making lots of money.

Pun intended?

Oh wow

👍

Yes dragons are nice people 😊

Yeah I don't think the deal went through in the end...

Specsavers

@@christinebeames2311 do you need to go dear?

I liked to get this up the rankings!

Haven't seen it. Sounds good 👍

@@ifwecouldvote one of the worst/funniest pitches of all time

I still use my Ting O Tang in bars and it works a treat!

You can personalize your Ting-Tang to read "F*** off". This keeps both sexes away, allowing you to drink in peace.

Omg I thought I was the only one! He should triple his prices.

More like eggy fart face lmao 😅

Jeg er enig 🙃

The way Deborah said that though. Slow and seductive

Get drunk before you watch it! It will cancel out! :)

I'm out !

I did not sign the deal with the Dragons' my own choice , so funded the new products myself without the £100k from the Dragons' 😉 Business is going great 👍

@@sockitz.splatez wow didn't expect a reply - hah, well, I'm not a businessman, but Companies House data didnt look good. I'll take your word for it though ☺️

@@els236 the BBC edited 2 hours in the den down to 15 minutes , so alot of information on the new products and investment requirements was left out. 2 years into a 5 year plan so the accounts won't show profit for a few more years due to the new products 👍Stay tuned

@@sockitz.splatez well I hope it all goes well for you! Thanks for replying to my comments 🙂

@@sockitz.splatez i thought the product was brilliant...the aspect not visualized by the dragons..simply new construction...to be able to wire out a structure turn it live and have trades continue on saves so much time no more miles of extension cords from a temp box just below the pole...perhaps an avenue not considered in your sales approach..i know that in the states this would do very well...hopeing for your continued success and ability to go global..lastly glad you didnt have to lose so much equity..i mean 40 someodd pence is nothing as.not only is it perfect for new..and refurbish..but simple paint touch ups..wall paper...and tiles as its fairly difficult to judge the depth of adhesive one needs coupled with tile.. where i live now(retired in the Philippines) seems every one is jumping on wall tiles..that would be ideal for that application..just brilliant..100k was a small ask and glad you turned it down....

🤣

😜😂😂

😂😂😂😂😂😂😂😂😂😂😂😂😂😂

And for that reason you should go outside.

Wow, is that true? did you mean million?

Lies

Robert Wagner was hot.

I wish 🤣🤣🤣

What's a stuffin muffin?

@@Farquad76.547 Haroldo arpprovo

@@gaaraxnaru A muffin with stuffin

@@andrewgurney6019 I thought so, but I was wondering what kind if stuffing. Sorry, I should've been more specific.

@@gaaraxnaru Whatever takes your fancy, a good quality stuffin is perfect on a Friday afternoon, would you not agree?

business is going great 👍

@@sockitz.splatez I'm happy if you're happy, as you came across as a top bloke. However, the investment does not appear to have been completed. Neither Deborah Meaden nor Theo Paphitis have been listed as shareholders or directors. Your micro accounts since the show haven't got anywhere near the projected figures. So I'm struggling to see how the business is doing great in general terms or even making enough money to keep your lights on.

@@sockitz.splatez How did you overcome the issue that Deborah raised about the person who buys your product (electrician) isn't the person who benefits (tiler, plasterer, etc)?

How does that make him a prat? It's perfectly fair to remind the would-be investee that the money isn't worthless to the investor and literally comes out of their family's personal wealth.

@@remchaill9898 To ask a question like that I have to ask you a question. Is your mummy and daddy also you brother and sister?

I completely disagree that he's a prat for that cause he's literally not wrong and it also makes the entrepreneur have to really justify it

@@lauriesicardaskey oh God I read your reply to the other guy and I gotta say dude, take a look at what you called the dragon then how you are acting

@@Schmuly I made the original point because Theo has used the same expression on more than one occasion - three or four I seem to recall. He uses it to intimidate the presentor and to make himself look as though he has the perfect catchphrase. That's why. And to be honest I'm entitled to make a comment and I don't need some low-lying sniper to take pot shots.

It does I've seen many electricians use them, and I've used them myself too

They're doing well, my friend has one at his place!!

Less views

Yeah it felt like was deja vu, I'm glad someone else confirmed that this has been on the Den before

@@thandiledwangu The BBC put it up during the series run.

@@peterd788 But I felt like I had seen it before Sarah's season on the Den? I could be mistaken

Definitely been uploaded before. I saw it.. and can't watch it in UK as I am in Italy so I know it's a recent repeat on this channel

Yes, its a repeat.

😂

The dragons got electrocuted to death.

going great 👍

@@sockitz.splatez nice to hear mate

@@sockitz.splatez we love to hear that!

He says it on purpose, Rebecca.. it's become his catch phrase

Peter loves himself Theo is a nicer bloke

@@G3G117 I see it the other way round...for me Peter is more understanding that's if you have been watching dragons den a while

@@G3G117 I think they are all a bit up their own arses, Greg.. but I guess they have a right to be.. they're all self-made millionaires. It wasn't handed to them on a plate

Theo's net worth is greater than mine.

Nobody asked

@@markh5601 Don't be so freaking rude, Mark 👎

@@markh5601 nobody asked you, either....

yes reusable

Adhesive damages, unreliable, not sturdy, a pain in the ass if it doesn’t go your way and hard to work around with, especially when others are involved.

Exactly what I was thinking lol

Investors don’t want to invest a lot in companies that are low profit