The Apprentice 2024
- Thread starter Glanza
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Soldato
So that explains Pie Man Phil staying in the process despite a terrible track record.
I wanted Flo to win.
Come on northern girl. Might as well support someone from up north like my parents were.
I wanted Flo to win.
Come on northern girl. Might as well support someone from up north like my parents were.
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Commissario
He puts in £250,000 for a 50% share of the winning candidates business. That’s normal.Sir Alan wanted 50% of Paul's company. Who does he think he is Peter Jones!Turning into dragon's den.
rp2000
However, the difference here was that he asked for a share of Paul’s existing business whereas Paul was only prepared to share half of the new practise he intended to open.
Paul made the right choice to refuse the offer.
I think SrAl is worth a hell of a lot more than Peter Jones.
Yes, this is what I meant. Sometimes on Dragon's Den they come in offering xx percent of a new business/product but the Dragon's make a "cheeky" offer for the entrepreneur's other existing more profitable businesses/product, which is often knocked back as that isn;t what they came for.
I've not looked into it, but you would be surprised how much many of the Dragon's Den and Shark tank bods are worth. Maybe Sir Alan is worth more, but I doubt there's much in it.
Edit: Sunday Times Rich List says you'r wrong, and it's not even that close tbh
rp2000
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Soldato
It sounded more like he wasn't able to give away 50%
He probably already has someone who financed his first one - father or a business partner on it
He probably already has someone who financed his first one - father or a business partner on it
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Commissario
Oh yes, that's changed. When SrAl did the Comic Relief Dragon's Den/Apprentice thing, his worth was much higher than all the dragons combined but that was quite a few years ago.Edit: Sunday Times Rich List says you'r wrong, and it's not even that close tbh
Commissario
Here we go. Who else thinks SrAl fancies a pie?
Phil trying to argue his pie delivery idea will work was 
. If he had just agreed with Sugar he could have won.
He also proved again he knows nothing about running a business, saying it's not all about making a profit!
Anyway the right person won, whether it was the right business no idea but I hope so.
. If he had just agreed with Sugar he could have won.He also proved again he knows nothing about running a business, saying it's not all about making a profit!
Anyway the right person won, whether it was the right business no idea but I hope so.
Lackluster final, both ideas didn't really give the impression of being good investments.
It was an insulting offer. His existing business makes £450lk per annum and if he repeats its success with the new practice, that will make another £450k per annum. And LS wanted 50% of both for £250k? He would have his investment back in the first year alone. Cheeky bugger. I would have told him to go **** himself.
In Dragon's Den nobody has ever made an offer as bad as that. The only times i have seen 50% (or more normally 49/51) is went the business is brand new, risky and on paper almost worthless in its current state as its so early in its process. To make an offer on a successful business making almost half a million a year was a joke.
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Yea the 2 finalists or businesses did come across as lackluster.
Have to say Phil nailed his pitch.
Though it was bizarre he picked virdi over tray.
It was silly when he said it's not all about the profit.
Props to Rachel though, she was solild throughout.
Have to say Phil nailed his pitch.
Though it was bizarre he picked virdi over tray.
It was silly when he said it's not all about the profit.
Props to Rachel though, she was solild throughout.
Don
The days of innovative business ideas (if it really ever existed) seems to be long gone. These days it seems to either by gyms, beauty shops or bakery type ideas.
Soldato
Maybe next year we'll see business plans for High Street staples like Charity Shops, Bookies and Pound Shops.
Soldato
Smart move by Paul to reject the offer, but dumb original business plan. Well, somewhat typical for the show.
Both final contestants had a pretty decent plan going into the final. Altho I expected Phil to have been the preferred option for Lord Sugar.
I always wonder that do any of the contestants watch the show prior to going on it.? Judging by how the buisness plan episode typically plays out, I would doubt it.
Both final contestants had a pretty decent plan going into the final. Altho I expected Phil to have been the preferred option for Lord Sugar.
I always wonder that do any of the contestants watch the show prior to going on it.? Judging by how the buisness plan episode typically plays out, I would doubt it.