Will This Product End All Car Mis-fuelling Incidents?! | Dragons' Den
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- čas přidán 2. 07. 2024
- Mike Cotten is asking for a £250,000 investment for 20% in his company DDN Limited
Season 6, Episode 3.
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 #carsafety - Zábava
Yt generated captions really just said "Theo the fetus" and "Deborah Mean" 💀💀
Yeah well... Nothing will ever beat Pizza Jones
@@amodelchucrut P.. what?
@@amodelchucrutHaha Papa Jones' distant cousin
Seems to happen more with English accents lol
@@emmastandley7326 ees chewsdae innit
A masterclass in negotiating in the Den.
His profit figures were excellent and his initial offer of 20% for £250K was actually a pretty good deal. Deborah's offer of £250K for 35% was extremely greedy and then she threw a childish strop when he negotiated with the other dragons without first rejecting her greedy offer. Something he was perfectly entitled to do.
To be fair it wasn't a negotiation really, he never offered her a negotiation, Duncan got him to reveal that he had a 25% cap. Most would be annoyed at not getting told something like that up front, she did decrease her offer when it was revealed, he still chose her half offer. She had easily went to a half partner offer with another dragon, greedy would have been holding her ground on the 35% and saying she's out because she had felt offended about not being told about an offer cap up front, a move that the investors on shark tank are known for making.
The dragon takes all the risk, hence a higher equity.
The company has folded now so enough said.
James Calm
Lol
Pizza Jones
Theo the fetus
Deborah media
Duncan Ballastrade
Michael is collected and polite. I enjoyed his presence
This entrepeneur played them good with his 'mandate'. Debs soon came down with her offer 😂
Might have been true
Was just waiting for that camera to zoom right into Evan Davis' nostrils at the start there
Mike Cotten would make a rather good Dragon.
He is boring
@@drpeppaerdrpeppaer5434nah I think he’s cool
He’s a “pleasant man”
What about Nick Cotton from EastEnders 🤔 Lol 😆
Nice one James , well said
Even Evan Davis isn't spared by the excessive zooms in that plague most Den episodes lol
Yeah, that was horrendous
Who writes these titles?
Not sure why Peter found this investment too much of an ask. His telecoms company had 250 million turnover in 2004 with 8 figure profits most likely. 250k is spare change to him.
250k definitely wouldn't be "spare change" to anyone experienced with money.
It's gone on to achieve nothing so he's saved £250k.
too much for what the seller was generating in revenue, not for what's in buyer's bank acct
Peter just wants to set a culture of low-ball offers.
Isn't that the point?spare change or not he makes money because he invests wisely
Did James Khan really think he was going to accept the "I get the money first" condition
I think he did or would not have said it.
One of the strangest offers I've ever heard. Especially with the other offer already there lol
Caan*
Possibly didn't really want it but wanted to look like he could put up that amount of cash.
@@tomburns5231 Yh I've noticed he always offers half the cash lmao I don't think I've ever seen him offer the full amount, he always seems to want to split the risk with another Dragon
Started to watch this thanks to my business teacher. Love dragons den!
The bigger the fleet the more likely it is that the cost of retrofitting all of these vehicles is higher than repairing the odd one if there’s a mis fuelling incident… ⛽️😳
Sounds like they would get more money back giving it to the mechanics who have to fix all the cars than these people preventing the car owners from doing it.
Of course not, why would a mechanic be more interested in preventing damage than a fleet owner?
Deborah laughed at James she knew he wouldn't get it
Will This Product End All Car Mis-fuelling Incidents?! - Here i fixed the title for you
I wonder if James caan and touker soulehman would have got on well in the den?
james caan apparently isn’t a great guy ethics wise from being on the den with investments.
They'd have to, sharing one chair. I reckon Touker would be the one sitting on James' lap. What are your thoughts?
The company has folded although there is a sewerage company by the same name! No one asked why he needs £250,000 which is an obvious question.
They did not shown on tv, lots doesn’t get aired
They do a lot of questioning during the filming but it gets heavily edited and condensed down to a 15min clip for TV.
You obviously don't know how Dragons' Den works. You think that they ask questions for 10-15 minutes and decide in those 10 minutes.
Each pitch is between 45-90 minutes long, edited down to 10-15 minutes, or even less.
That question would have been asked in the questioning. You are dealing with dragons....
They are interrogated for hours before, during and after negotiations.
@@Carl-tc2yb Hours is a bit of a stretch. It doesn't last that long. In rare exceptions, it might be 2-3 hours.
I heard Mike Hawk lmao
Eh a sticker near the tank would work 🤷♂️
You haven't met the average person it seems
I agree that a sticker helps, but it still doesn't physically stop misfueling. I think this invention is brilliant!
Most the time the mistake is from rushing.
Or having bad eyesight like me 😢
Maybe a flow signal would be better?
Ford solved this issue years ago
It wouldn't be ford you'd want to call. They could probably do that for two dollars a pop. You might want to call people who have bought from ford. Taxi companies, school bus, waste, construction etc.
if you cant figure out and pay attention whilst you are doing the job in hand, refuelling, then you actually deserve to be punished
What a ridiculous, harsh and childish comment.
@@larry365 lads, we found the Karen mothership
Does the deal and the company succeded?
No and no
Deal didn't go through, because the company decided 25% was too much. I guess the other three directors couldn't cope with having "only" 18.75% of the company each, rather than 20%.
Cars are going electric - so I wouldn’t want to invest if I was a dragon.
Mike ain't no Snake 🐍
With? Sort it out
My design is free, pay attention to what you're doing!!
I wonder what was his mother's name
Many years ago I had a driveway attendant try to put diesel in my petrol Toyota Landcruiser because in his mind, all Landcruisers ran on diesel. I was very lucky I caught him in time.
What is a driveway attendant
Umm, diesel nozzles are larger than gasoline nozzles, specifically for the purpose of not being able to fit into the opening on a gasoline engine’s fuel filler neck. That’s the entire point of the product here, to prevent the smaller gasoline nozzle from being put into the opening on a diesel fuel tank. Smaller fits into larger, hence the mistaken filling of a diesel engine with gasoline. Larger does not fit into smaller, which is why people with gasoline engines do not need such a product.
So please explain how your engine was going to be mistakenly fueled by a professional fueling attendant.
Why would a new car manufacturing run licence a restricting input instead of making a smaller input?
This gadget doesn't protect you when it's the gasstation itself that made a mistake and is selling petrol thru the diesel pump (or vice versa).
But at that point you can just sue them
If its the gas station that made the mistake, guess who's liable
What was James thinking lol? Pretty obvious he would pick Theo and Deborah.. James should have at least dropped to 20% on getting his money back then he might have got the deal.
not one of them had drag on
the world has gone insane. Far too quickly
@@shawnfoogle920 that is very modest of you
I don't know, maybe it's just me, but I could NOT see myself putting gasoline on a diesel car or vice-versa. I may get the point if we're talking about a fleet whose employees refuel the cars, maybe they could misfuel the cars here and there, but nonetheless I see only a "niche" market for that product. But hey, I could be wrong and maybe the company made millions, who knows? Right? 🤔
Folk do it when not using own vehicle and fuel up.
can’t find them anywhere - not a great sign unless they were bought and trade under a different name. He said DDN ltd right?
It could be worse these days, you could have an Electric vehicle and attempt to put diesel or petrol in it !!!! :-)
James Khan is quite a posh guy ..
Easy. Put petrol in a petrol car. Put diesel in a diesel car. Nuff said!
A bit pointless now we're merging to electric! What's nexts, making sure we're universal on plugs😂
Done it 3x ,,😢 Duncan I'm ooot Bannatyne 😅
Road safety issues.. lol
Surely that device would only fit a handful of used vehicles
This is the part i was thinking, it happens on actual trucks, wholesize need to be large for high flow pumps, so you cant use this in most applications.
seen loads of these devices they are all rubbish, break easy, cause slow filling and overflowing, increase spilling.
This guy should team up with the flowsign guy.
Or the council bins guy that didn't own any bins & had no sponsorship at all
Replace the engine 😂 ffs
I don't get it. Even if it was such a common mistake. You could just write somewhere in the car which fuel you need and check when fueling
It's when they get to the pump and choose the wrong nozzle that it happens, some pumps now ask whether you want petrol or diesel and will only let that type of nozzle deliver.
people don't read , no point in writing anything anywhere
Yeah and if car crashes were common we could just put a sticker on the windscreen that reads "don't crash"... obv the issue is people not paying attention...
Lease and rentals. Just takes someone not familiar with the car to make that mistake.
The 150 - 200k incidents that the AA have logged in there database tells you it IS a common
Cool a thing that no one will ever use or need. The hose are a different size for a reason already lmao.
Yes diesel is bigger. So can’t put diesel in a petrol. Which of course means the smaller petrol nozzle will fit in a diesel filler.
What in the world is misfueling??
Putting regular gas into a vehicle that takes diesel. I imagine operators of vehicle fleets who've dealt with the consequences of such an error by their staff would be the primary audience for this product.
How could anyone misfuel their vehicle? You would need to be completely absent-minded.
150,000 confuse their petrol every year?! FFS we need a better education system that's for sure.
Know 130000 are run of their feet and make a mistake.
Rushing is the biggest issue not education.
99% of those are women
I'd imagine that a large percentage of the mis-fuelling would occur with hire cars. It would be well worth these companies installing his product.
Different sized nozzles now so this mistake is pretty much impossible now.
It's pretty much impossible to put diesel into a petrol engine because of the different sized nozzles. People still accidentally put petrol into a diesel engine and those are the people this product is targetted at.
No, it's still possible. Diesel is the largest one.
Doesn’t stop the smaller nozzle going in.
I have literally seen cars with Diesel/Petrol sticker near the fuel tank. Simple inexpensive Solution.
I knew a person with such car.. still managed to misfuel
Don't underestimate people's stupidity. I own a fleet company. This happens twice a week. Even when I've specifically told them what fuel to put in and the sign is on the flap.
Why don't petrol station s
Have recorded
Message
When you're about to put your fuel in the car
It should state you are now
Putting petrol or diesel
In your vehicle
90% +
Of people would get it rite
The dragons are such vampires!
Just use a simple sticker then anyone that's dumb enough to get confused over using wrong fuel for their vehicle in thrme first place won't get confused. Besides I've never heard of anyone misfueling
Theopus 😂
Theo the Fetus was the best caption after Pizza Jones
We need a FLOW SIGNAL! DERRICK COME OUT!
I put diesel in my petrol car once and !! NIGHTMARE 😢
Communists (china) dont care about patents...
The biggest market? Did he say women😂
We all know there's no shortage of idiots on the roads who would misfuel!
Yes, but would idiots buy such a product? Probably not.
I'm sure you've never made a single mistake in your life.
Petrol in a diesel is fine
No its not. The diesel pump relies on the diesel fuel for its lubrication. Diesel in a petrol tank isn't good but not fatal.
I just had a massive dump 😳
Lol
They shouldn't be driving at all if they don't know what kind of fuel their car uses!!
in ideal world yes..
A common mistake when driving a work vehicle !
Strange investment