Peter Wants to Know the True Amount Behind Fathers’ Investment | Dragons’ Den

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Күн бұрын

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@markhattersley4613
@markhattersley4613 4 жыл бұрын
Whenever I see a product that begins with “i” that’s not made by Apple, I immediately think of it being sold for a few quid from a rack in the middle of a shopping mall.
@gbt722
@gbt722 4 жыл бұрын
So true
@ifwecouldvote
@ifwecouldvote 4 жыл бұрын
yeah, like intel
@thealien_ali3382
@thealien_ali3382 4 жыл бұрын
@@ifwecouldvote lol, my Intel 9900k is a beast
@queenjeski591
@queenjeski591 4 жыл бұрын
@@thealien_ali3382 doubt
@asmrearthsounds
@asmrearthsounds 4 жыл бұрын
Yah, and all the thrift stores.
@iranicus
@iranicus 4 жыл бұрын
When Peter asked about the fathers successful business I was thinking he was going to try get a piece of that
@ifwecouldvote
@ifwecouldvote 4 жыл бұрын
Oh, he wants a piece 😉
@dontdex8221
@dontdex8221 3 жыл бұрын
@@ifwecouldvote racist
@finndegraaf2707
@finndegraaf2707 3 жыл бұрын
@@dontdex8221 ?
@dontdex8221
@dontdex8221 3 жыл бұрын
@@finndegraaf2707 i meant sexist
@finndegraaf2707
@finndegraaf2707 3 жыл бұрын
@@dontdex8221 and my reply would be the same
@MrFARQIE
@MrFARQIE 3 жыл бұрын
Peter Jones-"How much does Falcon make?" Pitcher-"Its none of your Falcon business!"
@abhijeetsahoo1843
@abhijeetsahoo1843 3 жыл бұрын
🤣🤣🤣
@johnmc3862
@johnmc3862 3 жыл бұрын
Nice.
@Godzzbinzz
@Godzzbinzz 3 жыл бұрын
Haha
@lukegale7812
@lukegale7812 3 жыл бұрын
Class
@cuttlefisch
@cuttlefisch 2 жыл бұрын
Just watched a programme about French philosophers. I'm glad I did because until then I knew Foucault about that subject.
@edinaszakacs4929
@edinaszakacs4929 4 жыл бұрын
*entrepreneurs: iStay *dragons: iMout
@Troublenut
@Troublenut 4 жыл бұрын
Or isn’t that Jenny’s company?
@jhnknws1751
@jhnknws1751 3 жыл бұрын
Everyone should have a dad like this - print money and hand it over without counting
@jerbsherb4391
@jerbsherb4391 2 жыл бұрын
I believe the term they want to use is Sugar Daddy xD
@danquaylesitsspeltpotatoe8307
@danquaylesitsspeltpotatoe8307 2 жыл бұрын
If only there was a way to transport things instead of having to carry it! i cant wait until the wheel is invented!
@jiminswriter4209
@jiminswriter4209 Жыл бұрын
@@jerbsherb4391 He’s her real dad.
@bjvu9460
@bjvu9460 6 ай бұрын
That is not what printing money and handing it over means , daffy. he invested in his daughter and they are on the route to make a profit or did you miss that
@commanderkeen3787
@commanderkeen3787 3 жыл бұрын
Daddy's girl. He doesn't care about the loss, he still bankrolls it because he's giving her everything she wants
@bigbig83uk
@bigbig83uk 4 жыл бұрын
Dad just giving daughter everything she wants. He doesn’t care if he lost £120k or £220k
@edwindsouza8816
@edwindsouza8816 4 жыл бұрын
If she's his only child you can't blame him....
@Anna.T.
@Anna.T. 4 жыл бұрын
Surely you should still at least write the number down!
@queenjeski591
@queenjeski591 4 жыл бұрын
@@edwindsouza8816 yes you can
@buckethead133
@buckethead133 4 жыл бұрын
@@queenjeski591 no you can’t. It’s his money, why you being nosey on others business?
@annajones9701
@annajones9701 4 жыл бұрын
@The Blazing-Splat lives of his £££ while been a bum
@NibberKSmooth
@NibberKSmooth 3 жыл бұрын
Sarah is spot on, no way would they listen to any investor that was outside of the family.
@bjvu9460
@bjvu9460 6 ай бұрын
How do you know that? She made a dumb assumption and likely most of you have no clue about how investments work since if she had invested, she would own preferred shared which carries a higher voting rights than common stock. You see, an investor can leverage the investment by putting a clause in it, that even though they own less of the outstanding shares, their voting rights are equal. What she said would make no sense in most companies since they are owned by people who would have had an established relationship before she came to the table. Small time investor trying to find an excuse not to invest. what if the company was owned by two friends or coworkers or a boy friend and girlfriend, wouldnt the nonsense she claimed still apply ?
@10highsky
@10highsky 4 жыл бұрын
The reason that she is still positive at the end of it is because she still has daddys account to fall back onto. She's living a fairytale.
@yeeee6184
@yeeee6184 3 жыл бұрын
Not her fault and also at least she is doing something herself
@netweed09
@netweed09 3 жыл бұрын
@@yeeee6184 The point is that it's so much easier for her. Money talks, you can't get away from that
@yeeee6184
@yeeee6184 3 жыл бұрын
@@netweed09 ofc its easier but i dont know why u would blame her for having the privilige of rich parents. u can say the system is unfair but nothing she did wrong. U could say nearly every body in the first world is living a fairytale because they have privileges people from third world countries dont have. Of course thats unfair but its how it is
@Harshreality298
@Harshreality298 3 жыл бұрын
Should she give his money away or something?
@netweed09
@netweed09 3 жыл бұрын
@@yeeee6184 Erm. Could you pls quote me on where I 'blamed her'? But rest of your comment is fair, I understand it
@LeadsTheFallen
@LeadsTheFallen 4 жыл бұрын
"Father uncertain how much he's pumped into daughter... " so glad i clicked the video to read the rest of the title lol
@jamesf8864
@jamesf8864 4 жыл бұрын
😂😂😂
@OMAR291185
@OMAR291185 4 жыл бұрын
Perv lol
@sirwhooshingtonthe3rd706
@sirwhooshingtonthe3rd706 4 жыл бұрын
He can always try his hand at something else now stage name shall be daddy gallon
@mrsurprise2294
@mrsurprise2294 4 жыл бұрын
I was almost out before I was in the daughters...... business
@blacksunshine7485
@blacksunshine7485 4 жыл бұрын
Just about to make the same joke! Great minds..
@SaiyanAndre
@SaiyanAndre 4 жыл бұрын
He shouldn't have just thrown money at her daughter's business like that. Throw it at her education, make sure she knows what she's doing, SHE should have been the one giving figures and answering questions, not her dad after 3 years of running that business. Peter was on point here.
@moto.munchies
@moto.munchies 3 жыл бұрын
Starting right in there getting your hands dirty is the BEST education you can get! I applaud them
@SaiyanAndre
@SaiyanAndre 3 жыл бұрын
@@moto.munchies in some vocational jobs like plumbing and stuff yeah, but you wouldn't do that for teachers or doctors, you need a level of education first. She didn't even have the baseline.
@cevcena6692
@cevcena6692 3 жыл бұрын
When it comes to business, experience is a better teacher than education.......but the Dad held the daughter's hand so much that she wouldn't have experienced anything really
@Adrian-lc6jq
@Adrian-lc6jq Жыл бұрын
This is better education that she is ever going to get than University scams
@lowkey621
@lowkey621 Жыл бұрын
She probably did, she sound’s educated
@RockyDave
@RockyDave 4 жыл бұрын
Haven't seen much of Jenny lately. She should get out more.
@RockyDave
@RockyDave 4 жыл бұрын
I know, I know, they go on forever. Don't let it ruin your day.
@BansheePhoenix
@BansheePhoenix 4 жыл бұрын
Ayy
@informationyes
@informationyes 4 жыл бұрын
They agreed to stop wasting time since all she does is declare herself out she can make investment decisions from home with even look at them
@fka_the_body1542
@fka_the_body1542 3 жыл бұрын
I’m out
@oldjackrussellpub8240
@oldjackrussellpub8240 4 жыл бұрын
Peter smashes it again with his response
@makboy116
@makboy116 4 жыл бұрын
This video show us how is the important to understanding and studying the concepts of finance and business before joining it as realty
@Khalid_Ibn_Al-Walid
@Khalid_Ibn_Al-Walid 4 жыл бұрын
Yep
@craigconnell8234
@craigconnell8234 4 жыл бұрын
I think your downplaying the reality...what we see is an edited pitch which probably lasts for up to 3 hours edited down to 10 minutes...the pressure plays its part...I bet if they sat in there office with a coffee with a dragon it would be a different conversation altogether
@abinashr4064
@abinashr4064 4 жыл бұрын
@@craigconnell8234 they don't know their own figures so I really don't think it be any different with a coffee lol
@queenjeski591
@queenjeski591 4 жыл бұрын
@@craigconnell8234 i think i heard somewhere that each person is there for an hour to an hour and a half (at least in shark tank), but your point still stands!
@5tyyu
@5tyyu 3 жыл бұрын
I hv understood the problem. They hv stock left which they r accounting as Loss when actually its unsold inventory, which wud be an asset in their balance sheet
@danielrobinson6717
@danielrobinson6717 4 жыл бұрын
Nick was spot on. Very easy to replicate once other companies see it
@longq5198
@longq5198 Жыл бұрын
I wonder what the patent is for. The shoulder strap has been around for years so comfort, durability and non slip aren't new. The air flow part is what I haven't seen which honestly I don't care. Maybe people who live in extreme hot weather do.
@GadgetAddict
@GadgetAddict 4 жыл бұрын
This one really hurt my head 🤦‍♂️
@DakilangPinoy
@DakilangPinoy 4 жыл бұрын
Wow man, are you the one who went out with the MMDA?
@AshPPPPPPPP
@AshPPPPPPPP 4 жыл бұрын
Well ur head is not big enough to observe more information
@Albimar17
@Albimar17 4 жыл бұрын
perhaps you owe some money to Volkan? ;)
@kesydjomotchouamou3603
@kesydjomotchouamou3603 4 жыл бұрын
Same
@lukebostwick1070
@lukebostwick1070 3 жыл бұрын
@@DakilangPinoy MMDA?
@Asif-kh-n9r
@Asif-kh-n9r 4 жыл бұрын
Plot twist: The dad's company actually turned over 120k and made a 1.75m loss.
@LivingLifeFastLLF
@LivingLifeFastLLF 4 жыл бұрын
😂
@Adam-M1
@Adam-M1 4 жыл бұрын
@@LivingLifeFastLLF hi Ricky. Good to see you here lad.
@Albimar17
@Albimar17 4 жыл бұрын
I s'pose either way... as long as it works for them! :)
@stuartbroad227
@stuartbroad227 4 жыл бұрын
Hhhhhh
@mountainman6172
@mountainman6172 4 жыл бұрын
@@LivingLifeFastLLF Bet you are watching this whilst eating, as Emma said in one of the ep.
@mrm5183
@mrm5183 4 жыл бұрын
The notification on my phone read “Father doesn’t know how much he’s pumped into daughter.....” 😩 I had to hide my phone in case I was labelled a perv
@sirwhooshingtonthe3rd706
@sirwhooshingtonthe3rd706 4 жыл бұрын
Haha wife would have been like I'm taking the kids and moving in with my sister you sick man
@blacksunshine7485
@blacksunshine7485 4 жыл бұрын
PUMPED INTO
@mrbigruss666
@mrbigruss666 4 жыл бұрын
Haha top stuff
@Anna.T.
@Anna.T. 4 жыл бұрын
Lol
@ifwecouldvote
@ifwecouldvote 4 жыл бұрын
@@sirwhooshingtonthe3rd706 his wife loves it
@rayjay1975
@rayjay1975 4 жыл бұрын
Words of wisdom from Peter at the end 👍🏼
@ultimanecat3091
@ultimanecat3091 4 жыл бұрын
“I-stay... goes.” Lord have mercy
@Asif-kh-n9r
@Asif-kh-n9r 4 жыл бұрын
Lol wish he would stfu sometimes
@HIOP0
@HIOP0 4 жыл бұрын
@@Asif-kh-n9r sometimes?...he's a very good broadcaster, but completely superfluous here.
@Asif-kh-n9r
@Asif-kh-n9r 4 жыл бұрын
@@HIOP0 this is one of those times
@HIOP0
@HIOP0 4 жыл бұрын
@@Asif-kh-n9r Indeed, see my original post above... 👆
@johnking5647
@johnking5647 4 жыл бұрын
@@Asif-kh-n9r @@
@Dreama40
@Dreama40 4 жыл бұрын
She's going to destroy her fathers retirement money.
@ashleelmb
@ashleelmb 4 жыл бұрын
Yeah, but at least she's trying to do it with a business idea rather than spending it on clothes, cars and going on expensive holidays. She may get better at business in the future which tbh, her dads helping her to do which is a great thing. I wish my family gave me the support I needed to make my idea's become a reality.
@SkengStiegenhaus
@SkengStiegenhaus 4 жыл бұрын
@@aaronlomax6102 Why are you like this?
@thealien_ali3382
@thealien_ali3382 4 жыл бұрын
He's gonna go broke after she's wasted all his money 😂 good luck Mr chowhan 😂
@HistoryandTutorials
@HistoryandTutorials Жыл бұрын
@@ashleelmb This does not help. She has to do things INDEPENDENTLY.
@FeedMyPets
@FeedMyPets Жыл бұрын
Theo would think it evens out, because it’s her inheritance money anyway.
@Adam-py3qp
@Adam-py3qp 4 жыл бұрын
Peter at the end said what the father was afraid to say to his daughter.. Lol
@hataeshik66
@hataeshik66 4 жыл бұрын
And the accountant smiled and ran away with hundreds of thousands of pounds because they'd had no ideas about numbers and figures.........
@AviatrixPakistan
@AviatrixPakistan 4 жыл бұрын
Dad’s face after the daughter say we will still gonna do it🤣
@johnyepthomi892
@johnyepthomi892 3 жыл бұрын
the spending continues....
@Xkaputa
@Xkaputa 4 жыл бұрын
I thought I've forgotten to use incognito mode when i was searching videos last night 🙆🏻
@ifwecouldvote
@ifwecouldvote 4 жыл бұрын
😂😂
@Seventeen_Seconds
@Seventeen_Seconds 3 жыл бұрын
I love the way she says it's a daddy daughter business but she literally hasn't got a clue about the money, stumbles in the first 5 seconds of talking and then stays completely silent 🤦🏻 so basically daddy's doing everything and she's hoping to reap all the reward 🤣
@katherineminor3402
@katherineminor3402 3 жыл бұрын
Better than the ones who talk but know nothing about the business Haha
@ArcaneAnouki
@ArcaneAnouki 3 жыл бұрын
@@katherineminor3402 i assume you're referring to OC up there. What made you draw that inference? They made a valid criticism of the performance of a partner and you made a baseless ad hoc attack against someone on the internet. Did it make you feel better?
@casperes0912
@casperes0912 2 жыл бұрын
Sure... But he didn't know how much money he'd put in either
@That_Jake
@That_Jake 2 жыл бұрын
@@ArcaneAnouki Pretty sure she just meant other entrepreneurs on the show, who are looking for an investment, don't know anything about business but keep babbling about. While there are a lot of trolls on the internet, not every comment is meant to be negative 🙃
@ArcaneAnouki
@ArcaneAnouki 2 жыл бұрын
@@That_Jake we may never know. I did explicitly announce my assumption.
@shamteddy659
@shamteddy659 2 жыл бұрын
I felt like I was back at school with my maths teachers and other support staff trying to all teach me in different ways how a problem can be solved. I actually started sweating for them
@kevindunlap5525
@kevindunlap5525 Жыл бұрын
One of the great things I somehow retained from school was a quick, accurate and effective ability to handle basic numbers. It is MIND BOGGLING to me how few people can handle general math.
@CynicalScientist261
@CynicalScientist261 4 жыл бұрын
The girls looked so confused and concerned it was hilarious.
@icequeen917
@icequeen917 3 жыл бұрын
As a poor person, I've just sewn some of that non slip matting for the kitchen to the underside of my purse strap. Works a charm!
@joedwyer3297
@joedwyer3297 2 жыл бұрын
How poor are you?
@jessestevens_aka_jesus
@jessestevens_aka_jesus Жыл бұрын
@@joedwyer3297 I value your business at 3 million dollars
@shayaan3026
@shayaan3026 4 жыл бұрын
10:51 when you can't recall the man's name so you call him "father"
@boxingmonthly
@boxingmonthly 3 жыл бұрын
'Jon'
@jietroraximoff2805
@jietroraximoff2805 3 жыл бұрын
The fact that it's apparently a father-daughter business and yet father did most of the talking after the demonstration makes me think this is a business where the father is real leader and the daughter occasionally helps as a salesperson.
@tooshlong
@tooshlong 2 жыл бұрын
Or she just doesn't have much confidence
@przemysawbrzeczyszczykiewi1211
@przemysawbrzeczyszczykiewi1211 Жыл бұрын
Father owns and runs the business, daughter ain't bad to look at. That's the father-daughter business structure here
@amarieoflothlorien
@amarieoflothlorien Жыл бұрын
Daddy is the ATM in this business relationship. They loose more money then they make, but at least his little princess has a hobby LOL!!!
@equalitypeace1695
@equalitypeace1695 3 жыл бұрын
Peter Jones knows his numbers and knows his business taking rejection from him is a learning curve you take on board what he says and it will pay in the long run .
@ifwecouldvote
@ifwecouldvote 4 жыл бұрын
The dad probably inherited his money too by the looks of it.
@stephenhosking7384
@stephenhosking7384 3 жыл бұрын
Top comment!
@jamessmith1845
@jamessmith1845 4 жыл бұрын
Did some digging, i-stay is not a separate company any more. Daughter is listed as a director at dads bag company and dads bag company is appears to be on the decline looking at yearly financials that were available.
@tooshlong
@tooshlong 2 жыл бұрын
Pandemic
@Andrei118
@Andrei118 4 жыл бұрын
Sarah "I'm sat here" Willingham
@strudyamol
@strudyamol 4 жыл бұрын
Father must have thanked Peter in his head. Only reason his daughter was there was his money! She needs to prove herself first in an open market, earn her own money than learning her ropes at the cost of family resources!
@theheadshotstudio9254
@theheadshotstudio9254 4 жыл бұрын
Rich parents writing blank cheques for their little princesses business venture
@jonathanm2690
@jonathanm2690 4 жыл бұрын
Don't be so bitter, dad helps daughter setup a business to set her on her path, sadly the daughter doesn't know enough about business
@mochabearry
@mochabearry 4 жыл бұрын
@@jonathanm2690 Didn’t come off as bitter to me, just the situation here. 🤷🏾‍♀️
@Hi-kq1vi
@Hi-kq1vi 4 жыл бұрын
@@jonathanm2690 Her dad cannot add up & has zero idea how much money he has thrown at it-what a disaster.
@Icicless
@Icicless 4 жыл бұрын
Hate to say it buy you’re not wrong! The daughter looked so embarrassed when the Dad realised what had been going on!😬
@jonathanm2690
@jonathanm2690 4 жыл бұрын
@@Hi-kq1vi That maybe so, but can guarantee he is more sucessful than the commentators here. Where is your million turnover company?
@leeshanpillay1253
@leeshanpillay1253 4 жыл бұрын
I wanna see Falcon's balance sheet 😂
@jamiesmith4745
@jamiesmith4745 4 жыл бұрын
2 episodes within 18 hours... this is a blessing...
@jamiesmith4745
@jamiesmith4745 4 жыл бұрын
@KonaGaming Bud, I don’t think I really needed to know...
@jamielee9350
@jamielee9350 Жыл бұрын
The fathers company is "Falcon International Bags", a multi-million pound luggage manufacturer.
@ketchup5344
@ketchup5344 3 жыл бұрын
I wish everyone id met in business was like Peter Jones-he gives it to you straight, cant ask for more than that.
@oreotookie
@oreotookie 3 жыл бұрын
This is how I figure most “self made billionaires” get their start.
@whoasked7192
@whoasked7192 4 жыл бұрын
I got ' Father Uncertain How Much He Pumped Into Daughter's Bu...' which is even worse lol 😂😂😂
@ifwecouldvote
@ifwecouldvote 4 жыл бұрын
me too, was disappointed when i read the true headline
@luisvega666
@luisvega666 3 жыл бұрын
they change the tiltle
@whoasked7192
@whoasked7192 3 жыл бұрын
@@luisvega666 The Bar Stewards
@johns1187
@johns1187 3 жыл бұрын
Daughter at the end: we JUST let us down on the numbers. Throws her dad under the bus. Fails to realize her presentation was weak, she isn't involved enough, and it's her responsability to know the numbers. Lazy.
@Professional_Youtube_Commenter
@Professional_Youtube_Commenter 3 жыл бұрын
This is the price you pay for spoiling your daughter. Nobody really buys a strap by itself, people just put up with the strap that comes with the bag. Plus it matches the bag.
@videogalore
@videogalore 4 жыл бұрын
Looks like i-stay has ceased trading, but funnily enough Falcon is still going strong
@meetmahmod
@meetmahmod Жыл бұрын
Peter always make his reality check
@JohnSmith-zs1bf
@JohnSmith-zs1bf 3 жыл бұрын
She seems so nervously hiding something. Looks like she's really worried her dad is going to spill the secret.
@greenwxy344
@greenwxy344 3 жыл бұрын
Ye sounds like some shady funding or something
@cannonball9478
@cannonball9478 3 жыл бұрын
Deborah’s look at the end says it all.
@raalaa121
@raalaa121 4 жыл бұрын
This is all good and all. But I sincerely hope she isn't flexing on insta and social media that she's some big time entrepreneur. If she's lowkey doing all this without rubbing it in to friends and families faces I'll have a lot of respect for her. At the end of the day daddy's money their to be spent by his children but there is nothing worse than show offs that rub it in.
@KMysterio
@KMysterio 4 жыл бұрын
That title got me thinking I was on a different website for a second lol
@nhlakaniphontuli5966
@nhlakaniphontuli5966 3 жыл бұрын
I like how the Dragon tried to explain to them in different ways.
@agrosyntrop
@agrosyntrop 4 жыл бұрын
11:28 that little wave, so adorable ^^
@benjaminwilliams2404
@benjaminwilliams2404 3 жыл бұрын
:) 💁‍♀️🙏💪
@jessicaroxanne5106
@jessicaroxanne5106 2 жыл бұрын
I can't believe no one picked up on the istay strap being useless because you can just opt to wear a regular strap cross body to prevent the strap from slipping. Thats it. Problem solved. Nick Jenkins was absolutely right about the idea being basically a commodity as well.
@_Sakidora_
@_Sakidora_ 2 жыл бұрын
Nah, I loathe wearing cross body straps; makes me feel 13 years old. I have narrow shoulders. Bags constantly slip off. I can’t understand a business person like Sarah just thinking ‘well, I don’t need it so therefore nobody else would either.’
@kevindunlap5525
@kevindunlap5525 Жыл бұрын
Yep, the obvious. Also, I was buying/using rubberized strap pads long before they came up with it. I just have to shake my head sometimes.
@annkirshner4468
@annkirshner4468 Жыл бұрын
Cross strap is uncomfortable
@CrewGonWild
@CrewGonWild 4 жыл бұрын
Peter going savage mode III 😭
@Crabbyskunk
@Crabbyskunk 4 жыл бұрын
when I ran a search for "pump into daughter" this video popped up. what the hell.
@lozzab102
@lozzab102 4 жыл бұрын
Df was you originally looking for 😂
@olsta1306
@olsta1306 3 жыл бұрын
Dont take a wage when you're running a startup, plain & simple. Greed screwed them up; if a business isn't profitable, don't take money out of it. If you can't take the pain, don't start the business; if you want to be paid, work harder to make it profitable
@ASXInvestor
@ASXInvestor 4 жыл бұрын
Lovely people but definitely needed a better grip of their business's finances to stand any chance of a genuine investment
@jamesf8864
@jamesf8864 4 жыл бұрын
Are you competing for the job of Obvious Voiceover Guy? 🤣
@cannonball9478
@cannonball9478 4 жыл бұрын
They were trying to pull the wool over the dragons eyes
@AlphaCentauri24
@AlphaCentauri24 4 жыл бұрын
By 'better grip' do you mean to say, umm....the 'i-stay' grip? 😛
@medullaoblongata9670
@medullaoblongata9670 3 жыл бұрын
I always wait in a stated of fascinated morbid curiosity when I think Peter may be on the brink of ‘drilling down’.
@ClaudiayAdeel
@ClaudiayAdeel 4 жыл бұрын
it´s astonishing to see how many people are in business and they are so bad with numbers. honestly, it´s mind boggling.
@sistagalsistagal8136
@sistagalsistagal8136 3 жыл бұрын
Anika should be a super model, she will make a lot of money. She is stunning.
@mr.nobody7785
@mr.nobody7785 3 жыл бұрын
its actually easy to see why their are confused. CPA here - non-accountants often do their accounting using a cash - basis, so they only look at the change in cash on hand and mistakenly confuse it as profit/loss. This is where they are getting to the $3k in cash balance after year 1, so they spent 97k from the 100k initial. We dont know how much is expense, since the dragons didn't ask about change in inventory or other assets. Year 2, their answer tells me they are reconciling with their tax returns or a financial statement they dont understand, and you can see the confusion on their faces. The accountant would have collected other expenses claimed that did not directly flow through the bank account, such as bad debt, milage, depreciation, etc. Thats likely where the 22k loss figure comes from, or it is adjustments to retained earnings that the accountant would have made for their other contributions to the business.
@notwhereyouthink
@notwhereyouthink 4 жыл бұрын
Don't you just love entrepreneur's that are strapped for cash but haven't a clue how it all slipped away (pun intended).
@Hi-kq1vi
@Hi-kq1vi 4 жыл бұрын
No offers from the dragons, but a lot of young women now calling him daddy & making him offers.
@karlosjeffers4791
@karlosjeffers4791 4 жыл бұрын
I was quite shocked by this title today until I saw the word business at the end 😅
@jamiesmith4745
@jamiesmith4745 4 жыл бұрын
Lol 😂
@Iamdoctorscones
@Iamdoctorscones 4 жыл бұрын
Same
@Bartgoeschurch
@Bartgoeschurch 4 жыл бұрын
Yuck
@jasongoodacre
@jasongoodacre 4 жыл бұрын
Inappropriate use of the word "pumped" 😂
@ifwecouldvote
@ifwecouldvote 4 жыл бұрын
😂😂
@TheCypriotSoldier
@TheCypriotSoldier 3 жыл бұрын
He obviously lied about the income for tax ovation that’s why he declared a loss so pay nothing .
@MysteriousAya
@MysteriousAya 4 жыл бұрын
Uploaded 14 minutes ago? How did you know I started making breakfast and would want this to enjoy breakfast to?
@MusicalMemeology
@MusicalMemeology 4 жыл бұрын
They should have licensed this through other bag companies. Also this guy is probably getting scammed if he doesn’t understand the numbers.
@CabbageYe
@CabbageYe 4 жыл бұрын
It's his daughters business
@hexdeus9081
@hexdeus9081 4 жыл бұрын
His main company as a whole is worth 5.2M and the family looks as if it owns the factory these bags are made in...if you go and look at his father he looks to have done extremely well so the guys sitting on 10M in his personal account at least. So I doubt he is getting scammed.
@dftknight
@dftknight 3 жыл бұрын
I doubt they'll be interested in licensing. They can design their own straps and make a minor tweak to avoid patent infringement.
@mixedbagclips2511
@mixedbagclips2511 4 жыл бұрын
Don’t worry daddy... just give me the card... Ok honey...
@jasongoodacre
@jasongoodacre 4 жыл бұрын
The guy has no clue how he funds his business.
@Clavinovaman
@Clavinovaman 4 жыл бұрын
You may be surprised how common that is.
@lupomagnotto8306
@lupomagnotto8306 4 жыл бұрын
It amazes me because over life idc how little or big amount of money I’ve dealt with, I’m always knowing where every dollar is going. It’s not hard.
@NiKtHeB0Ss
@NiKtHeB0Ss 4 жыл бұрын
@@lupomagnotto8306 That's because you're dealing with pocket change and not big numbers, sonny
@lupomagnotto8306
@lupomagnotto8306 4 жыл бұрын
@@NiKtHeB0Ss it’s funny for you to assume what kind of numbers I’ve ever dealt with in my life, far from pocket change “sonny” Also, numbers are numbers. Add some more digits in there if you want, still doesn’t make but the slightest of difference.
@NiKtHeB0Ss
@NiKtHeB0Ss 4 жыл бұрын
@@lupomagnotto8306 Defensive much? 😂 All I'm saying kiddo, is that a guy with no money claiming how easy it is to count money, is like a guy who no one wants to shag, complaining about how easy it must be to be a faithful husband
@JessDurden
@JessDurden 4 жыл бұрын
I bet she blamed no dragon on him for confusing the numbers. Anyways the product will be copied in a week
@uvwxyzero
@uvwxyzero 4 жыл бұрын
Big dip
@chriswasserman9383
@chriswasserman9383 4 жыл бұрын
I must say I am very impressed with the Dragon's reasons for declining investment. That is the reason they are millionaires and we're not.
@itellyouforfree7238
@itellyouforfree7238 4 жыл бұрын
I would argue that it's common sense not to invest in a company that made £100k losses over 3 years and is owned by a girl who was pumped by her dad.
@Daimo83
@Daimo83 3 жыл бұрын
Basically why I watch it. Nick Jenkins looked five years into the future and sized up the competition. Peter realised who she was and her life path. Very clever abstract thinking.
@tooshlong
@tooshlong 2 жыл бұрын
Peters advice was beautiful
@wallywombat164
@wallywombat164 4 жыл бұрын
If Deborah was my mother in law i would be a great long distance runner.
@CPTZK11
@CPTZK11 3 жыл бұрын
I love their bond as father and daughter
@Ballymayock
@Ballymayock 4 жыл бұрын
Are we still doing Jenny jokes? - Ah good. Jenny: I sometimes have to say things to people without making a sound. For that reason.... I mouth.
@Jim-so3zm
@Jim-so3zm 4 жыл бұрын
It's not good at all. They're boring and overused.
@RockyDave
@RockyDave 4 жыл бұрын
Of course we're still doing Jenny jokes. They're outstanding.
@karenspeidel1901
@karenspeidel1901 4 жыл бұрын
The daughter doesn't even know what's going on she barely could give a presentation!
@LawfullSpook
@LawfullSpook 3 жыл бұрын
This case is very strange, looking up the information her company does not exist but she is down as a director in Falcon Bags ltd, her father on the other hand isn't as falcon bags is owned 50% by her and 50% by another person named Satish. John was a company secretary in a completely different company and was never named as a director in Falcon. Falcon bags is still running today online with a total asstest amount of 200k.
@Mr-DOGA
@Mr-DOGA 4 жыл бұрын
How does the daughter help in the business ? Because she clearly doesn't seem to know the business or the product or the financials 😆 Typical family business where Father helps with everything.
@AVRDXB
@AVRDXB 4 жыл бұрын
Jenny has one on her bag becuse she is always out! x
@eliseanna6561
@eliseanna6561 4 жыл бұрын
Update; I can't seem to find their current net worth, only for their other company Falcon. But what I do find is that their products are sold in my country. This is one of the first products that did from the show! So I guess that means something. You can find their products literally everywhere on the internet, so they did went globally with their trading at least.
@kerrytaylor1795
@kerrytaylor1795 4 жыл бұрын
when you say 'my country', which country is that?
@eliseanna6561
@eliseanna6561 4 жыл бұрын
@@kerrytaylor1795 the Netherlands (europe)
@kerrytaylor1795
@kerrytaylor1795 4 жыл бұрын
@@eliseanna6561 ah okay thank you, hello from Australia 👋
@Sylvander1911
@Sylvander1911 3 жыл бұрын
Looks like I-stay is now a brand within Falcon. Comes up Dormant on Companies House
@hokulea8655
@hokulea8655 3 жыл бұрын
That lil wave at the end was cute lmao
@leeshanpillay1253
@leeshanpillay1253 4 жыл бұрын
Great advice from Peter
@notseriousentrepreneur141
@notseriousentrepreneur141 4 жыл бұрын
📂 JENNY └📁Investments └⚠️ This folder is empty
@SikhJedi.
@SikhJedi. 4 жыл бұрын
lol
@akhilshaji7302
@akhilshaji7302 4 жыл бұрын
*ERROR 404 NOT FOUND*
@JewTube001
@JewTube001 4 жыл бұрын
@@rillsin1935 you see yourself everywhere because it's your channel you clown.
@mauriciosl
@mauriciosl 4 жыл бұрын
Bravo!
@Ss-un8ho
@Ss-un8ho Жыл бұрын
Peter was very nice to them 👏
@mercer1231
@mercer1231 4 жыл бұрын
This girl is lost Daddy buying her a business 🤕 She will never understand what real life is
@yeeee6184
@yeeee6184 3 жыл бұрын
That litterly is real life: "people with money or familys with money making more money"
@cl1cka
@cl1cka 3 жыл бұрын
@Arwyn Stats to that? Cause I have noticed the opposite - if you are multi-million rich, you don't even have to do anything. You have advisors that do stuff for you, so the family amasses more money. All the stats show the opposite - the rich getting even more rich, while the rest of the population is getting poorer.
@positivethinker9840
@positivethinker9840 6 ай бұрын
Love it when people come in the Den and think, the Dragons were born yesterday. Good escape for the Dragons on this deal.
@markferguson3745
@markferguson3745 3 жыл бұрын
They've made similar attachments for decades.The only way it could make money is if it was about recognizable brand,- which is still pretty dubious.
@alib1919
@alib1919 3 жыл бұрын
6:08, Deborah's face 😂😂😂
@Saddlersclosegirls22
@Saddlersclosegirls22 4 жыл бұрын
“Which means IStay goes” so funny
@ladyreverie7027
@ladyreverie7027 4 жыл бұрын
Wait, the way the figures are being said £100k invested at the start Proceeds from sales went towards buying more stock 3 years sales in excess of £220k £120k worth of stock remaining Would explain how they made a net loss for the first three years right? Am I missing something? The excess stock was bought with the proceeds of the first sales, which is why they didn't make a profit until the fourth year. They put it all into buying stock.
@FlameFlickers
@FlameFlickers 4 жыл бұрын
Yeah, that's certainly possible. But they should really have been able to answer straightaway. It's pretty basic information if you're the business owner.
@taxidude
@taxidude Жыл бұрын
Oh, I wonder which one is the brains of the outfit. Though going by the losses, neither!
@fraseroliver17
@fraseroliver17 4 жыл бұрын
Aight. Imma do it. Imma simp. Get me one of them straps
@vishakhagawli2957
@vishakhagawli2957 4 жыл бұрын
Pls can someone tell me if dragons den Is still going on in 2020
@Ryanjoned163
@Ryanjoned163 4 жыл бұрын
Yes but it's postponed due to the coronavirus
@lolathescruff
@lolathescruff 4 жыл бұрын
They are Dragons they dont contract Covid19
@Ryanjoned163
@Ryanjoned163 4 жыл бұрын
@@lolathescruff 🖕
@lolathescruff
@lolathescruff 4 жыл бұрын
@@Ryanjoned163 🖕🖕
@Ryanjoned163
@Ryanjoned163 4 жыл бұрын
@@lolathescruff kzbin.info/www/bejne/eH24nJqIdt6SjNE
@786shah
@786shah 4 жыл бұрын
Why did dragon's den change the title? It was originally "Father uncertain how much he pumped into daughter's business"
@itellyouforfree7238
@itellyouforfree7238 4 жыл бұрын
Because when cut it was displaying as "Father uncertain how much he pumped into daughter..." or "Father uncertain how much he pumped into daughter's bu..."
@786shah
@786shah 4 жыл бұрын
@@itellyouforfree7238 Yes I know, it was much funnier 😂
@itellyouforfree7238
@itellyouforfree7238 4 жыл бұрын
@Bumba Claat I don't know, you tell me Mr. Bumba
@Uce28
@Uce28 3 жыл бұрын
Peter telling it how it is.
@malbarlow4991
@malbarlow4991 2 жыл бұрын
i feel they do not know the difference between trading costs and capital costs
@clivepereira123
@clivepereira123 4 жыл бұрын
Don't bags have a rubber strap already
@robcord5982
@robcord5982 2 жыл бұрын
This is a great lateral thinking quiz. They should have pitched Lateral Thinking games. They would have walked out with 5 offers.
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