Extraordinary Turnaround After Entrepreneur Checks Peter’s Credentials | Dragons’ Den
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- čas přidán 24. 09. 2020
- Cornish inventor Simon Heap and associate Martin Worth seek an investment of £100,000 for a 10% equity stake in his company Rugged Interactive. An Extraordinary turnaround for the two but will it be ruined by Simon's CV request?
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 #ExtraordinaryTurnaround #DontBlowIt - Zábava
"I'm an engineer, my background is not numbers"... oh boy
Exactly!
@@kranberrysucks he should have remembered the number
Engineers don't memorise numbers and don't perform under pressure like investment/finance people have to do in their daily work.
I'm surprised how few of these companies come with documentation rather than risking to quote an incorrect number that is basis for the deal to fall through.
@@kranberrysucks is it so hard to memorize a number?
@@godfather4508 Engineers rarely work in such trivial problem spaces as financial people do.
Correctness actually matters and nowadays computer programming has become an integral part of being able to reason about the otherwise insurmountable datasets and workloads required.
It's therefore very hard for an engineer to take responsibility and accept risk for something that is inherently not far removed from a coin toss.
As you can see from this show, image, money and the way you talk matters more than substance.
When the people pitching bring this up in a subtle way, the dragons get agitated and start flexing their muscles out of insecurity.
Can't believe they got a deal, that was a shambles pitch. Duncan and Theo would have ripped them a new one
was there really a deal? Some 80% of those tv deals don't make it past due diligence stage and fall through so there's no cash to splash...
They must be have seen potential
In the product that’s why they got the deal
@@boneyarsebogman You're only listed as a person with significant control if you own more than 25% of the company while Deborah and Peter offered 15% each.
Omni-shambles.
So you only thinking about the bloody pitch and ignoring the prospect of the business? Which school did you go to?
The pitch was nearly as convincing as Touker's comb over
I don't think it was that good.
😂😂😂
@@yamabushi170 Yeh because I didn't even realise the comb over until this comment 😂😭
Bigtime - he’s covering half his head with it! He’s got balls! 😂😂
@@findinghappiness4800 And Touker's barber makes most of his money from cutting hair even though Toucker doesn't have any
(...just keeping it relevant)
“Going to the gym and running on a treadmill and lifting weights will become archaic and unusual” 😂 has this guy lost his god damn mind.
Yeah he's dumb af. You can't increase your muscle mass without resistance exercise like lifting weights.
@@theveganvillainess2404 my thoughts exactly 😂
Why enjoys lifting weights?, most boring, lifeless, undynamic activity ever, I swapped weights for calesthenics.
I'm laughing
He's referring to the concept of gamification.
This would fit more into an arcade den than a gym.
I have 100% seen something similar in an arcade, just pushing lit up buttons instead
Totally have seen very similar in arcades. I've seen ones similar to Guitar Hero for your feet.
Too simple for an arcade, and doesn't have coin slots.
Also, there are no showers and changing rooms in an arcade.
@@MiKawk501 I've seen a similar one in a gym and they're great workout.
KONAMI has made much higher quality rhythm games for decades and is way better built and actually fun.
I think that, It was Nick Jenkins withdrawal and disclosure that he is in professional relationship with the duo's business partner that got them the deal from other dragons. Besides that, the pitch was in shambles.
why assume ppl who lift weights don’t enjoy lifting weights? this is what happens when ppl who don’t work out try to invent fitness gadgets 🤷♀️
Bree: That's what I tell people who ask me how to get in shape? I say: "You have to enjoy being in shape."
Next invention at this show :"do you hate lifting those heavy weights,this invention lifts the weights for you"
@@amnesia2558 lmao...but you get the gains😁
the people who enjoy lifting weight go to the gym already. But it is aimed at those that get bored of lifting weights and need some fun incentive. Gyms can broaden their offer. That's why you see Zumba classes next to pure weight lifting.
@@alwaysbepimpin8867 and I do! ROUND is a shape, dear!
That advocate was a waste of space
matter of fact he disqualified a potential bidder from being there
I agree with this....therefore he should have been out
Thank god they liked the product otherwise they would have been going tail between their legs
sure but the man wasnt confident enough on his own..... advocate kinda saved the man.... I mean he was getting cocky at one point and was even told that " dont blow it"
I can't remember how or why I thought Debra was an unlikeable person, I've grown up a bit, but I see now I was wrong. She is a legend. Fun when it calls for it but a dragon in business. Great character.
Same. I hated her when I was a kid but now she’s my favourite
Debbie is tops 😍
I’ve only really started watching this recently but Debra is definitely my favourite Dragon!
@@rararrar98553047658 she is so cunning with so many of her investments, I’ve only recently started watching Dragons den again and it’s amazing just how often she comes out ahead over the other dragons
She’s so smart and savvy....
A vertical wack-a-mole and a climb wall, both with LEDs..
how did this not get laughed at? omg.
Funny how table has turned as soon as Nick Jenkins declared himself out due to conflict of interest & suddenly Peter & others are so interested that goes to show having contacts is such a powerful influence
Or it's a really good product
@@theodddish1846 it's not really tho
@@adamsmith6594 because you don't personally like it?
Funny how the power of editing makes it look like that. A pitch lasts about 45-90 minutes. This is edited down to less than 10 minutes.
he could have invested outside of Dragon's Den prior to this pitch in that case ? even more so if it was a great prospect
I cant see this being anything but a gimmicky fitness arcade game. Too expensive to be widely used in schools, definitely not going in a gym any time soon
It’s basically already a thing just without gloves they’re buttons
I remember a similar thing at the Dome in 2000 - something like 9' square with 9 (IIRC) buttons (in a 3×3 grid) that one lit up randomly and you had to hit it.
@@cigmorfil4101 dance dance revolution?
Same. I can't believe they even got an offer! It looks junky, cheap and unappealing to me.
Martial art gyms, boxing gyms, tennis, football ping pong, I can see loads of sport gyms wanting this technology that is all in one piece of equipment and can track trends, even shooting academies if the targets can somehow linked to the device....it's very clever
Peter worth over half a billion and they ask give me ur cv 😂 😂 😂 😂
We like your offer Peter but we need to know what GCSE's you got at school before we can accept
😭😂
This stuff already exists. And no gym wants it.
Mark S I agree its a bit like what you’d play on any seaside pier
This program is over 7 years old too
Mark S wrong and wrong.
But, you said it, right? No GYM wants it, but with the tracking tech, it's a phenomenal fit for schools, businesses and game arcades.
game arcades would make a killing from it
The enthusiasm Deborah brings when trying out a product like this is always a treat
she loves money.
Lifting weights will become archaic 😂😂😂😂😂😂😂😂
I know, haven't we been doing that for millennia?
All it takes is 1 shining genius to have an idea that will change the world forever. The moment he thought to turn whack-a-mole 90 degrees and digitise it, all existing forms of exercise became obsolete. God bless him.
Exactly, my thoughts exactly!!!!
lifting weights has been a way for humans to improve their muscular strength for a veeerrryyyyy long time, in fact it's one of the best ways to improve strength and power period, so I highly doubt it will become old fashioned.
@@Voicist In that period I believe humans will be having sex with Henry the hoover
This will never replace lifting weights and gyms. Ever
Ever.
This is realisticly going to replace sitting still in your sofa... Which is better than replacing weights and/or gyms
To add to what @AFAndersen said. This won't replace weights--not for the fitness crowd--but I think this is supposed to be something to rope in the casual crowd who wouldn't be lifting weights anyway.
I myself have at home a classic set of dumbbells, an expander and a finger trainers, but it is absolutely clear to me who the target group is, and that the group exists.
No but it will give people who want to keep fit but don't like the current options a reason to keep their membership
These guys need to thank Nick for this deal. Him making that announcement gave them the credibility they obviously didn't have...like, at all!
Or the product was really good.
@@theodddish1846 nah. Doing mate a favour
Sarah always has a lovely smile when the entrepreneurs enter the Den 💕
It’s her way of saying ‘these people are pathetic losers, and they pose no threat to me’
You simp have some self respect
Grow up
She has such lovely lips...upstairs and down
@@ifwecouldvote haha wtf 😂
Touker dodged a bullet there. Imagine trying to work with them.
We've invented vertical whack-a-mole and the dragons have money to burn.
Shark Tank: So as an investor, what do you bring to the table?
Dragons Den: You know bloody well who is investing in your business, don't blow it now
I find it a bit strange that the dragons feel appalled if any of the entrepreneurs try to negotiate or counter argue. It's almost funny that they're threatening to get offended.
I cannot believed they offered anything for this stiff oversized pack of touch lamps.
I agree i don't get the appeal of it myself.
@@anubusx Thanks Jazz King, I'm glad I'm not the only one.
They have been turning over 50k a month it’s a business now .
@@spencercooper-thorn2624 This only makes me more angry.
@@EclipseStyle I like it.
Not being funny, Touker’s last minute offer was the most badass thing I’ve seen on this show.
He did it more to spite the other 2.....
Peter sidelined him completely.....
So he thought
Ok F@£# it.......
Facts yo, that part made me physically go "OHHHHHHHHH"
@@bluerock9238 i hate it when peter leaves out touker and choses Deborah. He does it so many times
i wanted him take his offer SO bad
@@Mand3012 Well they've worked together in the past on dozens of projects and have a dynamic going. They are in it for the money, not for equality.
The moment Debra offered the other half, Touka knew he's done for. 🤣
Deborah, not Debra. Touker, not Touka. Ffs. It's not difficult to spell people's names correctly. 🤦🏼♂️
@@Locutus ok Lockyyhuutus , chill :)
Pieter Jownes is the best one
@@LocutusSeriously? 🙄
@@carolineb7796 No, not seriously. I made up the correct spellings. 🤦🏼♂️
Does anyone else feel like Touker gets jealous or envious when Peter and Deborah make shared deals together? I took his whole "I'LL OFFER THE OTHER HALF" as soon as Peter made his offer was like him trying to sneak in there before Deborah could :P
Deborah and Peter, have a history of investing together. At various times throughout the series, one of them often calls out the other to split the deal. They have both said that they worked together very well.
Theo and Deborah were a team also.
Sarah and Nick often worked together.
James and Duncan often worked together.
Perhaps if touker and theo was on the show at the same time they too would collaborate on deals. They are both cypriots after all.
@@Locutus Touker often works with Tej(but he wasn't there yet)
@@StevenSmethurst That's like saying, because you're black too, we should invest together. Or, because you're white too, we should invest together. 🤦♂️
@@Locutus ye it is. Don't think either would find it offensive though. If you did sorry wasn't intended to offend just a light hearted joke.
Nick biting his fingers the whole time was hilarious.
Easily pleased then if that was 'hilarious'
@@AJ-bm1sr Good, means it's easier for me to be happy then.
You see that childlike glow on his face at 15:21? Hahaha
EDIT: 15:37 is when the deed is done
The novelty wears off real quick with these machines
For you
That's why you should always keep a steady stream of new people coming to use the machine, and treat it like "bait" rather than a piece of equipment expecting to get full and constant usage.
God that Pitch was cringe, the fact he asked what Peter does and still got an offer baffled me
I'm only 40 seconds in, but I'm struggling to connect Lego with sport...
Lego Olympics :>
Block heads.
He said he liked making stuff as a kid and became an engineer. His current interests including sport. Not exactly a hard thread to follow.
The Peter Jones Coefficient: The more disparagement of the person/business = The more likely he's going to make an offer, the higher the savaging, the higher the equity.
oh hi Paul. You've decided to steal a different comment this time. Good for you!
aidan mcnally 😂😂
@@ifwecouldvote don't be so jealous
Peter is like a woman in that regard.
@@Japan_C2 just taking the piss, trust me, not jealous (or envious I think you meant)
These programmes would be a lot more interesting if there were a detailed follow-up. "What happened after - and how and why". Did the investment go ahead - if not, why not,
They did do some follow up shows.
That's what prompted the producers to do 'Den on tour/on the road' shows like some kind of 'Where are they now?' idea
Theo the "Fetus" if I were to give you £100k of my children's money.
Children's inheritence.
The only thing wrong with this is that you didn't repeart it 10 more times
Doocka Media yes that old chestnut
How the hell did these two gentlemen manage to create a business, and get those offers? And now have a running business... WTF. In a way it is highly motivational
One of the dragons is a mate lol.
@@tooshlong Shows it's who you know lol
I love the pauses in the pitch, and dragons' reaction too. Or how he brings another dude on the show, but he isn't much help with the numbers haha
"I'm an engineer, my background isn't numbers."
Mate...
Love these daily 15 minute Dragons Den....Essential whilst part of the daily routine.
It’s always the ones that are confident in the lift ,giving it the big one ,that fall apart once their pitch begins.
He looks like a mad scientist
I can't believe this pitch is even being taken seriously. This is as laughable as the 'apartheid bedsheet' that was pitched (a bedsheet with a dividing line so married couples have a tangible boundary between one another)
i also don't see this working at all, but I could be completely wrong. This is a five minute wonder in an arcade, not a serious investment. And it is too expensive for that
I played this 30 years ago when they called it Whack-A-Mole
My patience was tested on the way he pitched 😅😅😅
he obviously has stage fright. maybe not the best for presenting ideas, but if he's behind it all, it works, well... can't blame him for that
The part where Nick's face goes, 'Jesus, I know a guy who's partnered with these planks?' XD
This is perfect for gamers who rage a lot and instead of destroying their controllers they can go nuts on this
Nothing relieves stress after a bad game sesh more than throwing your controller at the telly
Always take Peter Jones's offer above the others. the guy is incredibly smart and I'm sure he would open many many doors
Easily the best dragon
thats lowkey dumb
@@carlos6126 not lowley dumb a matter of fact if you understood business
He dumbass didn't know apple can't trademark the letter "i"
Also by far the Dragon with the most money, and thus, more power and connections to allow a product to penetrate the market
Dragons: "Bullshit, no future, scam"
Investors: "It's popular in China"
Dragons: "We're in..."
The reactions from Nick Jenkins priceless!!!
Entrepreneur to Peter. We're looking for people who know what they're doing. What proof do you have
*** Cough *** £700M in the bank *** Cough ***
You do have to commend the Dragons' willingness to try stuff.
I think that's a quality you can find in most entrepreneurs and investors.
How many times has Peter backstabbed Touker in this show lmao
Nick Jenkins tries so hard not to burst out laughing 😂
Wow, if these 2 can get the 2 most legendary dragons to part with 100k for their business, anyone can. That pitch was awful.
I think we can all agree that Duncan is the best /most legendary dragon
@@corn_juice2195 Can we? What makes you think we can all agree on that. For starters, I didn't even mention Duncan. 🤷♂️
ashleelmb I mean I agree with him, Duncan was such a good dragon
@@dark2k10 I'm not saying he wasn't. And it's great that you agree with him. But he said 'we can all agree'. That means that no one will disagree and that's silly. Not everyone is going to agree.
Richard and James were my favs. Duncan was a bit too emotional
The small dragon who looks like Eddie Marsan always gives them the most comical confused looks when they walk in, as if they’ve just written some hectic equation on the board.
Just a quick zoom on the Loubs, love it.
That subtle flex!😂
I think they should put those on road signs. They flow so nicely, they could prevent little Suzie from being crushed by a truck.
Love the episodes with Sarah, she is so down to earth and gives good advice.
I like her too! She is not at all stuck up and very straightforward and has insightful things to say.
She’s a cutie
"When I was a kid I used to play with legos and ever since then I had a passion for building things" - LOL
You do know hes a millionaire right? Are you?
Lol
Demolition
There's something unusual about childhood shaping a person's interests? 🤔
Grilling is just awesome. How clarity is sought by the dragons ...it is amazing.
Sarah's smile makes my day
👼👼👼🙋🙋🙋💕💕💕👍👍👍👍
Stalker alert 🙄
It's her feet for me
She makes my whole weak
@@liamchalk801 she makes your hole weak?
Deborah with her Leisure connections and Peter with his Tech connections, the perfect investors for this product.
The only thing is ,the deal is never done until it's all signed.On a number off occasions the dragons have pulled out at the last minute once they take a closer look at the company they were going to invest in.
THIS WAS AWESOME!!! It had everything.
If Nick pulled out because Dragons are not allowed to have prior knowledge of the business, how was Sara allowed to invest in a home delivery gin business when she was a current customer. Surely this amounts to having prior knowledge of a business?
Was wondering the same thing
According to google the Rugged Interactive business is doing really well current date. Recent export activities worth 1.5mil £. Great to see!
@R S they have to file accounts at Companies house.
As Richard said, you can find this info online for registered businesses as companies House. It's a legal requirement that businesses declare these things.
Sarah: you COULD blow this
Entrepeneur: can I get that in writing?
That face palm after "I want your CV"
Omg, never watched it but one day it popped on my feed and I'm obsessed 🤦♂️
The women in the den are so impressive, thank god for Sarah & Deborah with their wise words of caution. These guys were sooo close to blowing it.
*PHYSICAL ORDERS IN MONEY TERMS*
The investment didn't go through, but the company seems to be doing alright
Inevitable with their shaky numbers that they wouldn't pass due diligence
Sarah has such a kind smile, she's such a lovely person!
I love the product, school kids would love it. The best bit, school kids that don't like being active, they would enjoy this. I would love one of these in my home to get the cardio rate up, and have some fun in the process. We'll done you guys.
“You got so nervous you offered 100,000 to undercut us?” had me dying at the end. 😂😂😂🎉
Enjoy your lunch everyone!
You too! :)
🤣 💯
I think I have an obessesion 🤣 My colleagues think im crazy
@@Kishberry not at all it's a tradition of the show to eat while watching only time I watch
@@thehypnos3195 EDIT: you tool
Jenkins is just there, openly, enjoying the fireworks ! 😂
From @06:31 onwards poor Debbie looked like she really couldn't be bothered. All the way until the deal was sealed. 🤣
You can tell he probably wanted to ask Peter why he deserves to invest in their business 🤣
How do you know which light to punch?
They are all different colours
They said you have to punch the red lights
Cheeky
You pick a specific color before you begin.
That's the trick, you have to punch the right color.
I hate how this comment has read more in it but its not clickable
Has anyone here fallen in love with Sarah's smiles like I have? 💖
Yup. I love her.
Dude was so nervous he had to call for backup 😂😂
"Can I phone a friend"?
Are they all smoking something exotic? You are never going to break into gym scene with that thing!
Exactly lol. Wtf is this girly crap
@@shogunero3.6 It's not "girly", whatever the hell you mean by that, it's just tacky and dumb.
@@FortoFight Snowflake confirmed ❄️
@@SiLoMixMaster Ok boomer
Maybe not gyms but these things will sell now due to Covid. Just look at Peloton’s sales.
New software techniques 🙄
Seriously love this show
They need to thank Nick for slipping in that he already knows them 😂 complete 180 turn into “I love it” after that
“We are about to take over the world. Why shouldn’t we?”
Perhaps start with some smaller ambitions. Like the forming of coherent sentences and thoughts?
1:55 having that silence right there is clearly a powermove.
@Piotr Dubrawski oh the irony :p
I would never had guessed they would get offers with such a bad pitch and couldn't answer the questions...
H An yes agree but offers don’t always lead to anything after the den.
I love it when Touker gets pied on a deal. Especially by the Deborah & Peter DREAM TEAM!
I'm starting to think they do that to him on purpose.
Crazy when you see a business like peloton doing so well
Comment did not age well
Excellent vid.... ty
I’ve seen similar things at my local parks. It’s actually really fun and it’s a great workout.
Touker never gets it! They don't want to share an investment with him. He should just offer the full amount from the get go instead of getting humiliated all the time. grrrrrr😠😠😠
Anytime Peter says he will offer half of the money, it seems to be an unwritten rule that that's the signal for Deborah to jump in 🤔. Nice try Touker 🙃.
I’ve watched a lot of Dragon’a Den, and this is the first time I’ve heard of any rule about what they can or can’t invest in.
Tbh I think his question about ‘what could you do for me’ to the dragons is perfectly reasonable. The dragons have such ego. Yes he could’ve done his research but that alone still could warrant that question. I don’t know why the dragons always get so offended at everything.
Exactly.
To be fair, if you're going into the den without researching anything of the dragons backgrounds, then why bother
That could be part of the tactics in order to garner a larger slice of a business i.e. make the entrepreneur feel that they can't give additional offence in case the deal is called off.
Poor touker they always leave him out
He has Tej now
@@khandadonb111 true
He touk it well
What a show! Great entertainment all round! Something about the world being a stage.., I mean a platform..., a step...Confused? Class acting! 👏😉🙏🏼👍😂
I knew this would be great when he said "Software techniques" 🤣😂🤣
What an extraordinary turnaround!