Bullheaded Millionaire Demonstrates Why They Need Him | Dragons' Den
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- čas přidán 13. 12. 2019
- Andrew Pearce entered The Den pitching his greeting card business 'Thortful'. He was seeking an £80,000 investment for 5% of the business. After a nervous start, Andrew quickly recovered to provide a confident and convincing pitch for his card company before bravely telling the Dragons that cheques for £80,000 would cause no significant effect to his bank account...
Season 15, Episode 9.
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 #Thortful #WhoNeedsWho - Zábava
This clickbait title is disgusting, this guy is literally one of the most humble contestants I've seen
Yep he’s a nice guy
Yeah, Andrew Pearce couldn't be a nicer guy.
Calling it "disgusting" is your own clickbait. Calm down.
Well, his attitude was not especially much more humble, compared to other contestants. But the fact that he might be on par with one or a few of the dragons earned him extra points.
A lot of them are click bait.
“You should be sitting here”
*Jennys breathing intensifies*
Haahahaha
😂
Surprised he didnt make Jenny an offer
Best jenny joke yet
Lool 😂 😂 😂
And still going strong it seems. Sales for 2021 were £34.2 million! Fair play to the man, humble too!
Great hearing that
Are you sure what you are saying is accurate and has validity in the statistics you mentioned (i.e. "£34.2 million")?
I just see a lot of these comments and think that these people just mention these type of comments to get likes.
If you have sufficient evidence, then please tell me that the statistics are reliable (£34.2 million)
I'm not trying to imply that this card business is not making millions, it's just that I want to know the validity of the claim of your comment.
@@1mr4nmhsn83 I googled the company, it’s there for all to see! I don’t comment just for likes…
@@ChrisLee-UK Ok
My bad
Fair enough
@@1mr4nmhsn83 👊🏼😎
He was so respectful and humble. If he’s bullheaded idk how you’d describe the dragons haha.
I thought they meant peter
Where was he ”bullheaded”?
Dragon headed
i like this guy. he made millions and is a successful Entrepreneur but he still felt nervous at his pitch which tells me a lot about him and his humility.
He was faking it.
@@alien4053 how do u know
Friendly Neighbourhood Spidey
Makes him memorable
@@FriendlyNeighbourhoodSpidey I don't trust the guy....
@@alien4053 What's going on with Jenny? This is the 3rd time I've seen her offer a deal in as many weeks! She must be getting a good seeing to... I know... revolting thought!
Not bullheaded? Seems a very humble guy actually.
Maybe it means something else in England. Like a blowhard or sum
The video title are becoming misleading on a few videos . I don’t mind I’ll watch them all anyway . Definitely trying to clickbait us.
@@samuraisoul1043 they do the same with the 8out of 10 cats countdown videos, thirsty for views
@Joh Ruun lmao
They were talking about his package underneath that resembles a bull, hence the name.
When tej offered him half of the money for 8% dropping down to 5.5% when the money is returned, he was in the middle of saying no before he remembered he is a millionaire and can give tej his 40 grand back as soon as the show is over
Ohh i didn’t think of that, very clever 😅😅
Genius mate haha
But I think he has to return that money that's made from the business otherwise its not a good business and won't make them good profits in the future if they settle for less equity
Ha ha ha ha mega awesome post!!!very very good!!!
That was very good Lee!!we all didn't think of that!! You made us all go ahaaaaa lol!!!
I came here to congratulate Jenny on her first ever Deal on Dragons Den.
Well said. I've seen her make an offer in three previous episodes, despite the myth that she never does. This is the first one I've seen accepted. All of them are "Out" more often then In.
@@stephenhosking7384 Without Tej she would be out.
@@janparchanski9242 the deal never went through
@@janparchanski9242 the deal never went through
Jenny: "You're richer than I am, and for that reason, I was wondering if you can lend me a tenner?"
I always skip these Jenny comments but that was good 😂
@@robertmartin4555 Jenny is worth £50m
Lol
Classic
,😂😁😂
This guy used this show to advertise his business and get two other millionaires on board to help him. The cash was just a formality. Very smart guy.
Also from the Dragon's point of view between them they'll have 11% once the money is paid. If he sells for £37m like his last business they'll have made £4m from an £80k investment, or if he sells for £12m like his first they'd make £1.32m from the £80k. That doesn't include the probable share dilution but still it's a very promising deal especially when you're giving it to a successful entrepreneur with a great track record.
@BSK 1 Ah, well; smart on him still. I'm sure he's doing very well.
@Doctor Drake all depends on the amount of money they need but there would be some dilution yes.
@BSK 1 "he never had any intention of doing a deal" - Feel free to link to some proof of that, otherwise it's pure conjecture. Deals that fail after this point fail for many reasons.
@BSK 1 How do you know?
Tej’s face when he realises Jenny is the only other dragon is left lol
Lmao so true. His face anytime she says something is hilarious.
He was hoping Peter would go halves with him on the business.
I saw it 😅
I have actually purchased cards from this site. They are really good.
We have a customer, therefore I am out.
Still?? I thought physical cards are dead
@@dranzerjetli5126 The less common something gets, the more valuable it becomes. I would rather have someone send me a handwritten card than a text message on my birthday. What about you? What will hold more sentiment value for you ?
@@dranzerjetli5126 ofc not
Hes made 21 million he can take jennys chair.
Saahir7862010 😂😂😂😂😂😂😂
She's out
Yup.
i dont think so, the company net worth was negative 2 million in 2018
Krispy watch the video, he's made 21 million from selling previous companies.
This dude is legit richer than Jenny!
Most people are richer than Jenny!! Lol
Wayyyy richer
I'm richer than Jenny and I'm skint
I've got £45k student debt and £500 in my bank account and I'm richer than Jenny
I've got an overdraft and I'm richer than jenny.
who makes these outrageous titles labeling people like that? Imagine going home after a pitch being nervous as hell then watching yourself in a video in which millions have viewed, labeling you as bullheaded. I felt very uncomfortable watching this and realizing how people love to tarnish other's personalities for views....
That’s the BBC for ya dude.
It's just a title. There's bigger things to cry about. Next thing you'll be saying is that clickbait is politically incorrect.
@@stephenfox8685 bull headed crybaby fascist "Stephen fox" cries about a comment bringing irrelevant terms to prove his point. Go preach your nonsense somewhere else
@@alanfaraj3450 I heard he’s an alcoholic too!
@@jarpyr6791 That’s just the media in general lol
Bradley forgot too take his "limitless" tablet
Reminds me of Jason Bateman and Karl Urban.
Not just me that thought this!!
Omg me too
Notice how nice and polite they are to their fellow millionaires
The power of success !!
well let’s be real success earns respect so
Well yes, because instead of unproven people, they are facing someone who has PROVEN business record.
I've seen them be friendly with plenty of people on the show. Stop looking for problems.
@@oxymoron02 Fair point, but it definitely gave him an edge. If the same pitch came from someone that had no business skills and no money, I very much doubt he would've got the same outcome.
Later that week he recieved a postcard made by his own company:
"Dear Andrew,
I retract my offer - I'm out.
Best wishes, Jenny."
LMAOOO
You don't need to write the sender's name, we know who out is.
An OK Man 😂😂😂Oh shut up hell nah😂😂😂😂😂😂😅😅😅
😂😃
An OK Man -LOL
The way this guy speaks objectively about making the business worth millions... inspiration galore.
I am looking for an investment to create a programme called "dragons lair" where people pitch ideas to billionaires instead of millionaires
I want to start a recruitment agency that links ex members of the British royal family with employment. Must have accommodation included so something like a caretaker or grave digger would be good
ur thinking of the american version of dragons den lol
That's shark tank, the American version
I’m Out
Terry Tibbs has a program called lizards lair lol
He's basically here for marketing. He doesn't need the money. He doesn't need the experience. He doesn't need them at all. He just needs to get the marketing
So why doesnt he decline the offers and walk away with free marketing?
@@xWayne1991x you can still walk away from the deal after the show, so if he accepts on the screen it increases the chance of them showing him in the ep.
So you think he needs marketing then?
@@edmundblackaddercoc8522 he does. A lot of rich business owners come on dragons den to get the marketing and public viewing of it. Fair enough, he's one of the few that actually accepted a deal, but with £21m and two mega successful businesses, he doesn't need anyone's advice or money
@@xWayne1991x If he doesn't put on a good show, then the episode won't air. It's not like the thing is live.
Peter: " you should be sitting here" ( in reference to the millions he has made)
Andrew: " not quite yet"
Very humble guy!
I would've liked your comment but it's currently sat on 666, so I'm out.
Not humble, it makes sense.
Being a successful entrepreneur doesn't make you a good investor. It just gives you the qualifications to become an investor.
Humble millionaire doesnt have the same ring to it
@@dunkindoughnut167 Don't be childish.
He isn't bullheaded he is the nicest person ever. The world needs more people this nice.
Nothing about this was "bullheaded" at all. This guy knows his stuff, the only reason any dragon didn't invest in him was because they felt threatened by this guy. He's already richer than at least one dragon, he's bound to grow.
Did you even watch the video? 2 dragons invested in him.
@@vankyer she's high as f
😂
The CZcams algorithm absolutely loves recommending Dragon's Den
once you watch one, you are doom
All recommendations I've noticed correlate to something we've watched previously.
I don't have a clue what is going on half the time, but it's still surprising entertaining! Nice work, CZcams Algorithm.
That's because you watched it lmao
@@liamc1102 Um yeah that's how it's supposed to work.
If his tailored card to Jenny opened to one of those battery powered voice cards saying "I'm Out"...
If I ever find that card , I will buy it before ........I get out of the shop .
haha i legit would've died!
It really is a great business idea, design your audio card online. I'm sure it would not be too expensive to make, if done right.
He would make milions only with that card 😂😂
PETER JONES: WOAH YOU SHOULD BE SITTING HERE.
JENNY: I'll make you an offer.
😂😂
He’s simply got a definite plan. Doesn’t make him bull headed.
Entrepeneur: Has made 21 million
Peter Jones: You should be sitting here
Jenny: *Chuckles* , I'm in danger
😂😂😂😂😂😂😂😂😂😂😂
For that ....I'm out.
she made certainly more than 50 millions
This comment 😅😅
Peter says it’s fairly unique there is no such thing it’s unique or not
One week later, Jenny sent him a personalised card saying "I'm out"
😂😂😂😂
Sent from Moonpig
😂😂😂
I wonder why is that what he have more money than her lollollol
😂 😂
misleading title, what a nice genuine guy
I think much more effective clickbait here would have been "Jenny makes an offer!"
😂😂😂😂
That guy is just smart : Free exposure for both public and potential investors. Backing from two serious investors wich consolidate the brand attractivity. And for that he just add to pretend 10% was his maximum. Well played.
I imagine that’s why his previous businesses succeeded. Good business acumen
I think it's that if Thortful is owned by a single corporation, he's better off using the "dragons"' money and resources to try to grow the business. Any failure would result in less loss to him than if he were to fund it himself. That, plus the added value of the "dragons" (which I understand can also be diluted) is an attractive deal.
*1 serious Investor
When he took a lengthy pause at the start, I legit thought he was giving Jenny the opportunity to say “I’m out”....
One thing I like about Jones is his respect for success.
Its eletst cronyism. Not to be admired
@@withgoddess Politics of envy 🤢
We Joneses set high standards. Hence the turn of phrase, 'keeping up with the Joneses'. 🤪 Not to worry though, you'd easily keep up and likely overtake this Jones even if your arms and legs were bound together and you had to crawl up a slippery hill after me.
His company is huge today. Probably one of the most successful businesses in the Den.
Binge watching dragons den is my substitute after watching all of kitchen nightmares clips
The title is a bit unfair, i think he did well
Amazing company - I've used Thortful for all cards over the last 2 years. Customer service is excellent too!
This guy is smart, he gets these dragons and increase the value of the company, dilutes them to 11% or even less and then he will sell the company later on in life and make his money. He is a missionary who build something, makes it great and sell it
*It's 16%.*
“i thought you was just being thoughtful” im in tears mate🤣😭🤣😭🤣
Not that funny!?
Bobby Bellingham I don’t remember asking you!?
@@RSN552 don't remember anyone asking you either
ldn W the sexual energy is off the charts
Thomas Bedser ask me what? Move from here man
This guy is the next Bond
@Forever Changed your racist comment is not just racist, but shows how ignorant you are. "Arabians" have mixed cultures and races (many especially in the Lavant are blonde with blue eyes) just like "Britanians". And by the way the most famous of the Bonds, actually does look "Arabian"- The name is... Connerrry.... Sean Connery.
I’ve ordered loads of cards off this site recently and didn’t realise this was the man behind it! Awesome!
Damn, he almost rejected offers for 0.5 %
He is truly a a dragon himself.
Jenny: You’re rich, I don’t like that small equity and so I want 65% of the business.
And for that reason.. im out
He played them like a fiddle!!! He knew Exactlyyy how to play the game! 💪🏼
It looks like, they need him
@Kristen555 Kristen should we go into business together?
Its so much easier to play hard balk when you're wealthy and can afford to lose.
Brilliant guy. He almost forgot that he can just pay them back when signing the deal and get guaranteed success for a small piece of the business
One of the coolest guys on the show!
Looks like a smart guy that puts his heart into the things he feels passionate about!
It's nice to see someone actually negotiate with the Dragons and plainly say what they want.
The way they all got shook when he revealed his a millionaire
Ali Dogan it’s like it legit hurt their ego, which is weird.
@@lukas9098 no its because of he's a millionaire he does not need the show because he can fund the business himself. Imagine Peter Jones pitching his new business to other investors. It just don't make sense.
gogopanda 111 “it just don’t make sense”
Like the whole comment you just made.
@@gogopanda1113 I understand he done it for publicity is what you are saying basically to help promote his buissness
@@lukas9098 he litterally said the only reason he is on the show is to get connections with the dragons and he does not need the investment. My comment makes perfect sense. Maybe you have some understanding difficulties? So he's giving up a big percentage of his company for 'connections'. Sounds like this whole thing was done for marketing. Won't be suprised if the deal fell threw after the show.
this guy is not bullheaded, he is humble and polite. Seems like an honest person. Plus his website is great, I have used it loads of times and is the best greeting card retailer I know.
I love this guy!! I’m not even kidding, he’s one of the very best they’ve had on this show. Title is SO disrespectful and misleading.
Am I the only one who always thinks 'If Peter don't like it, I don't'
Peter has made his networth 500m Pounds, frankly no dragon can match his insight in investing. If he is out all should be unless he just thinks he would be that much help.
No your not, i also feel that way with Debra too.
World Kat duncan can
World Kat Different fields of expertise is also a reason... Peter is just not into low profit per sale/massive quantity type businesses and prefers tech and services with lower production costs that are typically more risky to invest into, but can turn massive profits if successful. He can afford it, mostly because he has the contacts to make them successful, but I can def see how someone without his influence would be interested in safer investments like what we see here, even though the potential for profit isn’t as big.
This is Bradley Cooper's British twin
Watching this guy fills me with joy for some reason. He seems like a great guy.
hardly bullheaded, he was so balanced and genuine with not only his demeanor but his negotiations. yes your clickbait title got me to click the video, yes your clickbait title made me comment on your video, yes it is 100% poor admin of a channel trying to build a following.
I'm surprised the dragons didn't ask where he spent the 1.5 million. That's a crazy amount.
HAZ R&D, website saturation, design and advertising. Also about $50,000 on programming so pennies really. He’s a rich guy who wants to succeed or fail fast so money accomplishes this. I actually have little doubt his business will be successful or quickly sold to someone who will make it so if he simply can’t accomplish this goal in the next two years. I also have no doubt he actually has several businesses he’s there secretly trying to get going and is using this format to accomplish through exposure.
And yes that is a tremendous amount of money!!!
Not necessarily in setting up a business.
HAZ for software development that’s not unrealistic
Compared to 20 million? No. It’s not
Jenny: Pending approval from my bank - I'd like to make you an offer for half the money.
hahahaha good one
Not a bullhead, seen an ad of his buisness this morning actually, glad he's doing well.
He walked in, embarrassed them and still made the best possible deal. What a boss lmao.
Nothing bullheaded about this lad, he is direct and polite which is refreshing.
Jenny: noone buys greeting card anymore and for that reason I'm in.
Uhh someone actually watched the Video till the end
Jenny: no one buys cards anymore
5 mins later. I like a good card
😂😂😂😂
It is amazing today though, as you'd think something like a card wouldn't exist anymore for obvious reasons, but even today it's still a very profitable industry.
This company went on to become very successful, I use thortful for all my cards
Very impressed that he was able to hold himself in check enough to think about it. Very, very smart dude!
Was there for the PR as his card business didn’t get the organic growth he expected.
Yes but I didn't think he would accept any deal
@@ChintanCG plenty of contacts from the dragons tho
The guy looks like Michael from GTA V
With black sunglasses and a green suit Peter would look like an agent from The Matrix.
Not even close lol
Haha actually does
hahaha and rich like him too :P
You need to get out into the real world more
I use these guys every single card I buy, and didn't know they were on DD.
Well worth using, arrive on time are cheap and have a huge range. No reason to buy from elsewhere
What a lovely man bless him and family. He is so humble 👍🏼 what a good guy 👊🏼👍🏼
*Update* The deal fell through after Jenny's cheque bounced !
only1aeon that is brilliant
I don't have any money, and for that reason, I'm out
Man i weak lol
😂😂😂
😂😂🤣😂😂🤣😂🤣😂😂🤣, u gud
He seems to me to be smart enough to take the deal on TV, thus getting good publicity, so he can deny it afterwards; many of these deals fall through anyway. He'd be pretty crazy to give away 12% of his business for 80k that he just has laying around. 12% at 80k values his business at 666k, which is only 44% the worth of what he has invested today. That is a serious undervaluation.
Is his business the church of satan?
"there's a sixth multimillionaire in the den" the guy pitching, tej, Deborah, Peter, and touker. Where's the sixth? 😂
Lol
The presenter probably!
She's out
Camera guy, I've heard that The dragons pay cash directly to The camera operator if he films them in a good light. Jenny was out tho.
He's very modest, a good example of success.
Andrew: “What’s am I worried about? Not much I imagine”
* Bottles his pitch at the very start
Well he said at the end that being in there is a lot more nerve wrecking than he thought
When the voice said, only Jenny Campbell remains, I felt for him
Spooky.
Does anyone know how much the company is worth today
@@christinegizza1414 Negative equity - the company owes its own directors £2.5m (true as at year end 2019) which they have loaned to the company presumably to keep it afloat.
The company declines to publish its profit/loss statements, but current negative equity (as of year end 2019) totalled around £1.6m
😂😂😂
The deal did not go through in the end but in 2021 the business made £34.2 million. They should have invested in the man.
I'm 1.21 into the video and I already know the business well. I love moments like these!
Just seen that last year his company turned over £2,000,000 in 2018 so his forecasts werent too far off, looking forward to see what he earns this year
How do you find that out
@@XwolfBane18 Each company has to file their finances to the government in a report each year which is then uploaded to the .gov website so you can see the companies turnover, assets etc.
@1 1 yes!
@rishabh bajaj they arent due to report their 2019 finances just yet!!
@rishabh bajaj From what I remember, this company did make quite a bit of profit. Not sure what happened with the deal though.
The guy looks like movie star.
@Harry Smith Hehe yep the very one 😉
Bradley Cooper look to him
@@juanitann definitely 😉
He needs to lose weight to be a movie star. I love his attitude. He is humble. He's smart. He's creative. He's ambitious.
Love Thortful, I always buy my cards from there now. Easy, quick, good value and better choice than what you find in the shops. A genuinely good product / service!
He kind of resembles a slightly sunburnt Bradley Cooper, but seriously good on him for being an already rich person, convincing 2 other rich people to get even richer 😎
I've already bought several cards from this company. They are great!
He paid off the 80k in the post episode meeting and tej and Jenny have been working for 5.5% each ever since
LMAOO
Lol
Very humble and straightforward guy.
6:47 he should have told Touker he was looking for an office space in London
😂😂
LMAOOO He's wayyyyy richer than Jenny
Wow who saw all that dust flying off Jennys chair, as she never gets off it to make a deal.
She almost looked like she was getting off when she went to kiss the mega-entrepreneur.
A dude had to literally be RICHER than Jenny for her to be in
This is a really great example of collective creativity. I actually don't send out cards a lot but i like this idea.
I really enjoy the non-judgmental container/space the dragons create during the pitch. Yeah, once the pitch is over it can get intense and confrontational, but during the pitch they're right there, built open for the other
By far the most intense episode of Dragons Den ever! Absolutely loved this one!👍😀
It's not
Investment never went through. He is still in business. Thortful’s revenue is now: $22.60 Million. Should definitely apply for Jenny’s seat now.
Net Company Worth though is (-)1.6 million and his liabilities shot up, meaning he even took new investment in
So revenue is good at 22 mil, yet profits are low to non-existent unless he's feeding the profits to himself in some other financial capacity
You should be sitting here is the greatest compliment everrr
Jennys card said "I know you'll be out" that's why she laughed
Taj looked pissed off when Jenny put in her offer lol
Only coz he wanted to know how the guy got to where he is today first.
@@socialjusticewarrior2316 She gives us a laugh in the comments section?
11:50 "but i'd like to be part of this journey"
His face went from 😀 to 😐 instantly lol
I ordered a card for father's day watched this yesterday and realised that I ordered from his company today! Mad. Definitely still in business!
Bradley Cooper's twin, making millions,,
JENNY: i'm Out
I love sending a card to someone. A message on social media is just not the same.
I agree, telling someone you hope they get run over by a rain beer has a sort of magical feeling when done by card
Totally agree
@@XaxaWashington 😂😂😂
This guy is an absolute legend!
Did Jenny just make an offer?? What a real banker!! They decline on giving you a loan when you really need it and give you the damn offer when you don't really need it.