Entrepreneur Refuses To Disclose Figures | Dragons' Den

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Dragons' Den

Dragons' Den

Күн бұрын

Jo Hilditch from British Cassis is next into The Den. She's seeking an investment of £50,000 in exchange for 10% of her company. Will her refusal to discuss figures in depth affect her chances of getting an investment?
Season 13, Episode 8
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 #FoodPitches #BusinessPitch

Пікірлер: 699
@Noelhall88
@Noelhall88 Жыл бұрын
She comes in not needing money, but expertise. She then rejects said expertise for money. Good stuff.
@diegolecanda2975
@diegolecanda2975 11 ай бұрын
Well freaking said
@DavidMcCoul
@DavidMcCoul 10 ай бұрын
Brilliant point! I''m gobsmacked at her judgement.
@FrontierChampion
@FrontierChampion 9 ай бұрын
Well they dodged a bullet anyway she can't run a business with that hindsight in mind, she literally can't think for herself so not a good entrepreneur.
@harishkulkarni7244
@harishkulkarni7244 9 ай бұрын
Lmao
@UncleJoeLITE
@UncleJoeLITE 8 ай бұрын
Either a complete fool, a plant or clueless. Likely a & c.
@jinx8624
@jinx8624 Жыл бұрын
She was definitely hiding other shareholders The truth is she didn't have more than 25% to offer
@treeoftrees7523
@treeoftrees7523 Жыл бұрын
What a clever observation
@kcc-karenschroniccorner9432
@kcc-karenschroniccorner9432 Жыл бұрын
Or giving away more than 25% wouldn't leave her enough
@Buckets50
@Buckets50 Жыл бұрын
Yea that was my assumption, she probably owns about 50% or less and if she was to make these deals she’d probably not be able to make a profit
@glen7k621
@glen7k621 Жыл бұрын
You can tell by the Dragon's faces. They knew what's up. Look at Peter's offer for splitting the shares up.
@Brain_Juice
@Brain_Juice Жыл бұрын
Truth!
@GodotOfficial
@GodotOfficial Жыл бұрын
“What have you had for breakfast?” Jo: I’m not prepared to tell you that
@ThePrimeMinisterOfTheBlock
@ThePrimeMinisterOfTheBlock Жыл бұрын
Unexpected Ace Attorney sighting .. that's one of my rules!
@anubusx
@anubusx Жыл бұрын
"What is your name?" Jo: ....
@bpm609
@bpm609 Жыл бұрын
The dragons den comment section is quite simply the best on KZbin. Thanks for making me smile.
@redblade8160
@redblade8160 Жыл бұрын
Godot. I'm not prepared to tell you what I had for breakfast, but you can see its contents in my sick-bag.
@bobbyjones3351
@bobbyjones3351 Жыл бұрын
40% of a business with the option of buying back half of a company thats doubled in size for 20% is a fantastic deal.
@beancheese3148
@beancheese3148 Жыл бұрын
And at half the shares Sarah put in!
@thelaurels13
@thelaurels13 Жыл бұрын
It’s a no brainer and anyone with business sense would have bitten her hand off. She has no business sense.
@mysticalbeing8943
@mysticalbeing8943 11 ай бұрын
@@thelaurels13 unless she didnt own 100%
@SylvanasWindrunnerResurrected
@SylvanasWindrunnerResurrected 8 ай бұрын
It really did seem like she was actually incapable of offering 40% rather than not understanding the offer
@Stinking82
@Stinking82 7 ай бұрын
And that too at today's price. That's a windfall if I had ever seen one
@rachmadsuhartono
@rachmadsuhartono Жыл бұрын
Sarah's offer is actually good and matched her equity cap if only she could understand it or bothered to ask about it or not be there only for free marketing
@romeano4882
@romeano4882 Жыл бұрын
All she gotta do is send a email to Sarah… if Sarah hasn’t emailed her already…. Deal still on the table F the show 😂
@stephenhosking7384
@stephenhosking7384 Жыл бұрын
She admitted that she didn't "understand" the offer, and I think that's probably from the pressure of the den shutting down her ability to do some mental arithmetic on the spot. If they'd been sitting in a coffee shop it could have been settled in two minutes.
@seanjosephhayes
@seanjosephhayes Жыл бұрын
@@romeano4882 That’s not how it works after being out in the show.
@ev6558
@ev6558 Жыл бұрын
@@seanjosephhayes Lmao you actually think just because someone didn't get their investment on the show that they somehow can never work out another deal? Go back to playing your games, little boy, leave business to the adults.
@seanjosephhayes
@seanjosephhayes Жыл бұрын
@@ev6558 Grow up.
@b-dogs1038
@b-dogs1038 Жыл бұрын
You can see how frustrating it is for Sarah 😮. Jo’s unwillingness &/or inability to understand this deal would turn me off too. Shows a lack of good judgement
@thert.hon.thelordnicholson7261
@thert.hon.thelordnicholson7261 Жыл бұрын
Jo was very, very drunk.
@9k49
@9k49 Жыл бұрын
It was clearly for publicity
@snozzberry1916
@snozzberry1916 Жыл бұрын
Jo is someone who is successful because she follows smarter people's advice, and she's gotten lucky by getting good advice, but she's not smart herself. You can tell her head is a bit empty and it's frustrating for her.
@heresynco
@heresynco Жыл бұрын
Sarah's offer was incredibly decent. The equity buyback would be in the paperwork for god's sake, and on the show's vod record.
@saintjimmy456
@saintjimmy456 Жыл бұрын
"A lack of good judgement" don't forget she already has another company turning over 8 million a year. She doesn't want to give 40% away for 50k, I understand that. If Sarah is going to end up giving 20% back anyway, just take 20% now and ask for your investment back ASAP.
@iamlegend68
@iamlegend68 Жыл бұрын
Rejecting offers solely on the basis of an accountant's advice shows an inability to make good judgement calls
@dbadaddy7386
@dbadaddy7386 Жыл бұрын
She probably has other undisclosed investors and doesn't have 40% to offer.
@emmavrijburg6676
@emmavrijburg6676 Жыл бұрын
interesting
@franklynpatterson3265
@franklynpatterson3265 Жыл бұрын
Or she is looking for exposure, and not investors.
@milamarshall7842
@milamarshall7842 Жыл бұрын
It’s because of what the other dragon said. She’s risking her big business to grow this one so for that risk she wants a decent pay off (90%).
@simpleemodern
@simpleemodern Жыл бұрын
Shut up haha
@joannehaywood4708
@joannehaywood4708 Жыл бұрын
Something doesn't add up here, adding up to Jo not fully owning the business
@SiriusMined
@SiriusMined Жыл бұрын
That was a huge mistake to turn down Sarah's offer.
@namnack
@namnack Жыл бұрын
How do you know, do you have a crystal ball?
@DD-dr4dn
@DD-dr4dn Жыл бұрын
@@namnack use common sense. Check what the company is worth in 5 years
@CalleFD
@CalleFD Жыл бұрын
Huge.
@jasonsmith4888
@jasonsmith4888 Жыл бұрын
Sarah's offer was bordering on charitable.
@Kyoto99952
@Kyoto99952 Жыл бұрын
Women take things very personally from other women. When she said she was annoyed by her branding (i agree), game over
@magusxxx
@magusxxx Жыл бұрын
This seriously makes me think at least one person also has shares in the business and she doesn't want to admit it. This reminds me of another episode where you realize the Dragon's money was going to be used to pay off someone else for their shares. Which implied they wanted out of the business and the person on the show didn't have money to do that so that's the reason they were on the show.
@sherryab3964
@sherryab3964 Жыл бұрын
Exactly what I was thinking.
@bobjames6622
@bobjames6622 Жыл бұрын
What a devious turn of mind you have...which is PRECISELY why I LOVE your thinking!
@littlelizzi3135
@littlelizzi3135 Жыл бұрын
Spot on with that reasoning ❤
@bigguy3636
@bigguy3636 8 ай бұрын
What was the episode/product their pitched?
@magusxxx
@magusxxx 8 ай бұрын
@@bigguy3636 I'm sorry, I don't remember which one.
@iielysiumx5811
@iielysiumx5811 11 ай бұрын
This was probably the dumbest rejection ever in dragons den, she had the opportunity to bring on one dragon with specialisation in bars and pubs and another in retail for 5% more than what she asked, WHY WOULD YOU REJECT THAT?!?!? She was even offered to buy back the shares essentially for free!!! So frustrating
@herculesrockefeller8969
@herculesrockefeller8969 10 ай бұрын
I'm not a businessperson by any means, but even I recognized that Sarah's offer was a good one. She immediately gets the expertise, the money, and eventually, the 80% she wanted. It just took patience. Of course, it's easy for us sitting at home, it's quite different when you are there in front of the Dragons and the cameras!
@tobymacdonald5893
@tobymacdonald5893 9 ай бұрын
Seems like there were other shareholders involved that she didn’t want to disclose - a lot of comments here have made the same conclusion but yeah what she was doing was nonsensical whether she was in front of cameras or not. Her accountant wouldn’t imply not to take Sara’s deal with an offer ceiling of 25% unless she genuinely didn’t have the rights to give away more than that
@alphasia91
@alphasia91 Жыл бұрын
I’m pretty sure the dragons can tell when someone just came for publicity. Like this woman. She didn’t even want to entertain offers
@seanA416
@seanA416 Жыл бұрын
I wish they would screen these people better. No one should be on the show just for publicity
@BOZ_11
@BOZ_11 Жыл бұрын
@@seanA416 well the dragons want everyone to grab their ankles with these crazy equity demands. bit of strike back is welcome
@seanA416
@seanA416 Жыл бұрын
@@BOZ_11 ah, good point
@AF-vm6xx
@AF-vm6xx Жыл бұрын
It’s not even good publicity. I mean whi would want to buy products from someone like this now?
@MosherMike
@MosherMike Жыл бұрын
Why bring up a subject you don't want to talk about. Irritant.
@maureennjoroge9663
@maureennjoroge9663 Жыл бұрын
Exactly 🤣
@dannyholmes5156
@dannyholmes5156 Жыл бұрын
Why did Jenny ever agree to go on the show ? Why did they ask her ?
@peterthompson1989
@peterthompson1989 Жыл бұрын
@@dannyholmes5156 she wasn't even in this episode
@Zenocius
@Zenocius Жыл бұрын
To humble brag
@perfectstormoriley1188
@perfectstormoriley1188 Жыл бұрын
Ikr 🤣🤣🤣
@lukeporter6186
@lukeporter6186 Жыл бұрын
An off topic comment from me here… but I’m an estate agent and this woman reminds me so much of some of our sellers who just won’t budge a few grand for the sake of hundreds of thousands/ millions of pound deals. It’s the most infuriating thing for me and I resinate with Sarah’s reaction because that was a great offer.
@jpeters1734
@jpeters1734 Жыл бұрын
i mean, it goes both ways
@bendaniel5901
@bendaniel5901 Жыл бұрын
Just curious, when you say an estate agent does that mean that you but it sell real estate? I'm from the US. We call people that help others buy, sell or rent property real-estate agents
@Youtube_deleted_my_favourites
@Youtube_deleted_my_favourites 8 ай бұрын
Great point.
@markbrown-sb2zm
@markbrown-sb2zm Жыл бұрын
Mind-boggling how she was given a deal that would come under her advisors stipulated share,this after the turnover has doubled.She shot herself in both feet.
@JakeLYT
@JakeLYT Жыл бұрын
Just shows she's either dumb or doesn't expect the turnover to double 😂
@captainkirk4519
@captainkirk4519 Жыл бұрын
How could she not understand Sarah's offer. I am rubbish at anything business but it seemed pretty clear to me.
@b-dogs1038
@b-dogs1038 Жыл бұрын
Just an impossible person
@Triggerfinger98
@Triggerfinger98 Жыл бұрын
No wonder you're rubbish at business, there is no money in the Federation lol
@carms7758
@carms7758 Жыл бұрын
She trusts her accountant over the brilliant mind of these dragons and what they could do for her!? The fact she said she doesn't understand Sarah says it all.
@allosaurusfragilis7782
@allosaurusfragilis7782 Жыл бұрын
I'm not so sure I'd want to turn over nearly half of something I believed in , for a few thousand. Mind you, that's what the show is all about, so why go on? Publicity, perhaps.
@JakeLYT
@JakeLYT Жыл бұрын
​@@allosaurusfragilis7782 she would get 20% back leaving it at an 80/20 split after she doubles the revenue.
@BenjaminGoose
@BenjaminGoose Жыл бұрын
"brilliant mind" lol
@kycutecool5891
@kycutecool5891 Жыл бұрын
​@@BenjaminGoose 😂
@joser1853
@joser1853 11 ай бұрын
@@allosaurusfragilis7782 Shut your mouth, you know nothing of business. She didn't say 40% forever.
@sivingridborgersen2897
@sivingridborgersen2897 9 ай бұрын
Agree 100% with the branding issue. It says "proud to be British" on the boxes. She talks about making better product than the french, yet she use french language for the product names. Very contradicting branding.
@beeble2003
@beeble2003 4 ай бұрын
But the stuff is called cassis. If they call it something else, nobody will know what they're trying to sell.
@thisismarcjohnson
@thisismarcjohnson Жыл бұрын
I think she'll come to regret turning down Sarah's offer, which by the way, was amazing. 60% of a lot is better than 75% of nothing.
@Suzyfromtheblock
@Suzyfromtheblock Жыл бұрын
She only wanted advertising
@caitlinx3816
@caitlinx3816 Жыл бұрын
No she wanted advice and and the dragons expertees, which she needs to realise comes with a price. She made the wrong choice turning down Sarah’s offer
@intrepidtomato
@intrepidtomato Жыл бұрын
@@caitlinx3816 No she didn't, she already has existing great connections in the food business - did you not listen to the first few sentences out of her mouth? If she were a newcomer to the business, it would have been worth it. She has been selling farm products to large retailers for ages.
@saintjimmy456
@saintjimmy456 Жыл бұрын
Why will it be "75% of nothing"? Your logic is that the company WILL fail if she doesn't take the offer, which is false. Don't forget the entrepreneur already has another business turning over 8 million a year. She might have ended up owning 100% of "a lot" herself.
@thisismarcjohnson
@thisismarcjohnson Жыл бұрын
@@saintjimmy456She clearly doesn’t understand basic maths, and she’s taking advice from an accountant over the doors that Sarah could’ve opened for her
@e.a.p3174
@e.a.p3174 Жыл бұрын
If you have someone who already is well connected and successful in an industry it will save you years in achieving your goals.I think the lady would have been smart to take either Peter's or Sarah's offer.
@eyarouziel3528
@eyarouziel3528 4 ай бұрын
I was surprised Peter didn't rescind his offer once the entrepreneur rejected Sarah's offer (sort of like Deborah did). It was such a good offer, that rejecting it shows an unhealthy amount of stubbornness.
@stevesalt8003
@stevesalt8003 Жыл бұрын
Turn over would double in no time with Sarah. She even said she'd place an order. Missed a trick there.
@b-dogs1038
@b-dogs1038 Жыл бұрын
I mean, imagine being in Business with this Woman(not Sarah). It would be infuriating
@bigdawg8875
@bigdawg8875 Жыл бұрын
I don’t think she has 40% to offer. Seems like she has share holders she’s not talking about
@elisabethj.v.beardsell9853
@elisabethj.v.beardsell9853 6 ай бұрын
Reality is brutal 😊
@nessthecat
@nessthecat Жыл бұрын
I have NO idea why this woman was SO insistent that she couldn't offer a little more, she was NOT thinking about the benefits at all, only her own equity
@Asif24960
@Asif24960 Жыл бұрын
I found the legal entity on company house. For the year ending June 2022 they still have a negative capital balance sheet of -£77k. There’s a famous saying turnover is vanity, profit is sanity and cash flow is king. Dragons not investing was a good move
@althanas1809
@althanas1809 6 ай бұрын
The negative balance sheet could be for a number of reasons. Also, cashflow has almost nothing to do with negative equity on a balance sheet.
@Asif24960
@Asif24960 6 ай бұрын
@@althanas1809 you are wrong on the cashflow point. I am a qualified accountant. You are probably only sales cash in your thinking and probably do not understand share premium
@Asif24960
@Asif24960 6 ай бұрын
@@althanas1809 your statement about cashflow is plain wrong. I’m a qualified accountant.
@theforeman1097
@theforeman1097 Жыл бұрын
She was clearly only seeking national free advertising
@moogleking
@moogleking Жыл бұрын
She never wanted an offer only the advertising
@pc9369
@pc9369 Жыл бұрын
Sarah’s face after every sip is priceless😂
@JackInDaBoxx
@JackInDaBoxx Жыл бұрын
Considering she already runs such a successful business, Sarah's offer was a no brainer to make the deal with her.
@royfr8136
@royfr8136 Жыл бұрын
Just wanted publicity and a dragon to say the product was good. They should really try to crack down on this kind of person.
@1414141x
@1414141x Жыл бұрын
Why ? If they do go on DD for that reason and provide the entertainment at the same time, I see no problem with it at all. After all it did make this one quite unusual. Not many entrepreneurs turn down offers anyway.
@royfr8136
@royfr8136 Жыл бұрын
@@1414141x it's not what the show is about.
@josephswolin7450
@josephswolin7450 Жыл бұрын
I agree. Maybe some fines should be put in place or potential prison time?
@allisonday893
@allisonday893 Жыл бұрын
@@josephswolin7450 😂😂
@josephswolin7450
@josephswolin7450 Жыл бұрын
@@allisonday893 what is funny
@HistoryonYouTube
@HistoryonYouTube Жыл бұрын
It really winds me up when people don't watch the programme beforehand and realise that they have to give figures. I once had a situation in business where someone refused to give me figures on a first meeting.for a business we were considering buying. Afterwards I got calls from them offering to give me everything I asked for, I told them that they had missed the boat.
@lukerinderknecht2982
@lukerinderknecht2982 8 ай бұрын
I kind of agree but in this case I can understand how she didn't want to disclose on national TV the numbers from an unrelated business.
@Jex2112
@Jex2112 Жыл бұрын
Sarah’s offer was pretty much perfect, she really messed up not taking it..
@TheRealMikeMichaels
@TheRealMikeMichaels Жыл бұрын
She didn't have the equity
@HannahMarie9403
@HannahMarie9403 Жыл бұрын
This is my favourite episode of dragons den haven’t found it for years! So happy they posted it!!
@pamelathomas847
@pamelathomas847 Жыл бұрын
Oh I'm loving it too
@letstalkbiblewithshun.s
@letstalkbiblewithshun.s Жыл бұрын
Very good episode 👏
@Jasper-Holland
@Jasper-Holland Жыл бұрын
12:14 that is such a lie, you can tell immediately by the little smirk at the end. She just wanted publicity
@MM-qt6yn
@MM-qt6yn Жыл бұрын
i dont think just wanted publicity, because 25% isnt far away from 30%, she could of stuck at 10%., the dragons could of easily said yes to -5%. She wanted a deal.
@Macephtopheles
@Macephtopheles Жыл бұрын
@@MM-qt6yn Yet she could have had, in her own words, "hundreds of doors" opened up by accepting Sarah's offer. Sarah offered £50k for 40% and said if the company begins booming she'll drop to 20% when/if she gets her £50k back. Basically, she'd open all the doors and get her through them and when the company is in a position where 20% equity for £50k is *WELL* below market value then she'll have 80% of the company. Her saying that she "doesn't quite understand the offer" was bollocks. Backed up by her smirk.
@mfoco1
@mfoco1 Жыл бұрын
@@MM-qt6yn 20% (the net amount offered by Sarah) isn't far away from 25%. Either she intended to do no deal even at 5% less than she offered to Peter, or she doesn't believe in the product and lied about the projection. Either way, she was dishonest.
@royfr8136
@royfr8136 Жыл бұрын
@@MM-qt6yn have
@tfahad2051
@tfahad2051 Жыл бұрын
If she really wanted an offer, whilst having a successful business already, she could've came asking for $75K for 10%. She is a businesswoman; you don't think she knows a lot of people that know a lot of people? With this offer, not only would she get more money for the business but could see why a 30% would be even worth it for Peter's offer, at least. She wouldn't pay $50K for someone's advice and expertise, unless she can get that person for more money.
@spideyman23
@spideyman23 4 ай бұрын
This woman still annoys me. When I originally saw this I was flabbergasted at how she wants their expertise and then rejects every offer. She’s greedy and self centred.
@oyayemayafaro7307
@oyayemayafaro7307 Жыл бұрын
A part of me wants to be annoyed by her because she's only here for publicity. But she already knew the business was going to flourish and just wanted some free marketing for an extra push - you gotta do what you gotta do
@intrepidtomato
@intrepidtomato Жыл бұрын
I kind of think that is what it was. She is already pretty rich and well connected. She didn't need the investment.
@aguyandhiscomputer
@aguyandhiscomputer Жыл бұрын
That "darn it" at the end was very convincing 🙄
@ssc5828
@ssc5828 Жыл бұрын
How did she turn down Sarah’s offer that’s crazy!
@aguyandhiscomputer
@aguyandhiscomputer Жыл бұрын
She wasn't there for an offer.
@BenjaminGoose
@BenjaminGoose 4 ай бұрын
She was lying about something. I don't think she had 40% to offer.
@carolineyoungs5878
@carolineyoungs5878 Жыл бұрын
Jo can't call herself an entrepreneur if she can't see the financial logic in Sarah's deal.
@inspirationalbuddy5711
@inspirationalbuddy5711 Жыл бұрын
Sarahs offer definitely had power in it 👊🏼
@flashtheoriginal
@flashtheoriginal Жыл бұрын
Dragon: Are you knickerless today? Jo: I cant tell you that Dragon: Why not? Jo: My Accountant didnt tell me I should disclose that
@johnjones6601
@johnjones6601 Жыл бұрын
Her intransigence and supercilious tone shows she would be difficult, if not impossible to deal with, further down the line.
@Squoggs
@Squoggs Жыл бұрын
If only she’d fitted a flow signal
@b-dogs1038
@b-dogs1038 Жыл бұрын
Yes, on the bottle. Will take this Business to the next level!
@anubusx
@anubusx Жыл бұрын
And the number for The Knowledge.
@Elle_Rou
@Elle_Rou Жыл бұрын
🤣
@Bellpipe41
@Bellpipe41 Жыл бұрын
A red one that can be seen from every angle.
@MisterJamMasterJay
@MisterJamMasterJay 5 ай бұрын
It shows which way up the bottle should be, it says "here Jon, you are holding the bottle upside down".
@JamesH-mt4it
@JamesH-mt4it Жыл бұрын
Entrepreneur: I'm looking for 50k for 10% Dragon: I'll offer you 100k for 1% Entrepreneur: I just can't do it, will you go to 0.5%?
@ellessandraramsay1841
@ellessandraramsay1841 Жыл бұрын
"I just don't understand why you'd give me 100k for 1%. Would you go up to 25% for 50k?"
@michaellynn9763
@michaellynn9763 Жыл бұрын
While the offer of 40% seemed quite wild, it was actually a no brainer! Hopefully she reflected on her stubbornness, which is a shame because she’s pretty savvy!
@at0micsheep
@at0micsheep Жыл бұрын
She's the opposite of savvy however.
@sambraham4677
@sambraham4677 Жыл бұрын
I bet the accountant was watching and screaming just take the 30%!
@letstalkbiblewithshun.s
@letstalkbiblewithshun.s Жыл бұрын
She clearly only went on here for publicity.
@ketchup5344
@ketchup5344 Жыл бұрын
When she said to Peter that she would rather not disclose details of her other business and Peter asks her why and she says: "because this is on national tv" Deborah smiles. And well she might smile because every one of us (apart from Peter) realises that this may be a tiny bit of a good point lol
@TallulahLaGhash
@TallulahLaGhash Жыл бұрын
but it's moot...being on national tv and having dragons remind about Companies House means her saying that she won't disclose on national TV encourages people to go look it up. Streisand effect; trying to protect info draws attention to what you're trying to hide
@IAmTheJayster
@IAmTheJayster Жыл бұрын
Its not a good point because If you care about giving details away on TV you wouldn't go on Dragins Den for investment, you would seek for private investors
@9k49
@9k49 Жыл бұрын
If you don’t want to disclose details, you shouldn’t go on Dragon’s Den. It’s that simple. It’s an investment meeting, investors need to know the information they want to know
@misstigerbubbles
@misstigerbubbles Жыл бұрын
Honestly talking about her business may if brought in more customers
@gibsonduvall
@gibsonduvall Жыл бұрын
Come on then, back up what you state and explain why it is a "bit of a good point"?
@susanwaugh2383
@susanwaugh2383 Жыл бұрын
I didn’t understand that offer !!! Well why not do the intelligent thing and ask?? She was just going to leave Sarah’s offer because she doesn’t understand it! 🙄 Plus she gets offers and turns them down because her accountant tells her so. Unbelievable
@vikvegas8593
@vikvegas8593 Жыл бұрын
The offer was manipulative. That's why she didn't understand it.
@elvickRULES
@elvickRULES 6 ай бұрын
@@vikvegas8593it’s not manipulative lol. It’s overly fair since she could’ve just taken 40% and kept it instead of offering a buyback at its current rate. There is no risk in that deal if your business is actually doing well and will do well. If of course you intended to make a deal
@sanjanewmoonlife
@sanjanewmoonlife Жыл бұрын
She came here only to advertise her cocktail 🍹🍸🥃🍵🍵🍹
@dazediss6629
@dazediss6629 Жыл бұрын
Peter “can I have a slice of your other business” Jones.
@MichaelGarland
@MichaelGarland Жыл бұрын
Some mistakes are very expensive. Unless of course there was no mistake and just a calculation to grab a bunch of free advertising on national TV.
@animefan7424
@animefan7424 Жыл бұрын
Someone else commented it was 7m valued
@sadikmeah4057
@sadikmeah4057 Жыл бұрын
Accountant was probably worried about losing his client that he gave advice accordingly
@paulleadbeater480
@paulleadbeater480 Жыл бұрын
Accountants are notoriously boring people. Not like lion tamers. She should've asked a lion tamer.
@jamiesmusic
@jamiesmusic Жыл бұрын
I doubt many here would know that reference
@rachmadsuhartono
@rachmadsuhartono Жыл бұрын
I don't know the reference but it's still funny
@88trapordie
@88trapordie Жыл бұрын
@@jamiesmusic I do
@dac8939
@dac8939 Жыл бұрын
@@jamiesmusic its just a flesh wound.. And the flying circus
@RockyDave
@RockyDave Жыл бұрын
...Or a lumberjack.
@brightspark4817
@brightspark4817 Жыл бұрын
the accountant only goes on what you say not the other way round
@BenjaminGoose
@BenjaminGoose Жыл бұрын
Do her figures include Brian's figures?
@jxcxbshxnkz445
@jxcxbshxnkz445 Жыл бұрын
😂😂😂😂
@tgooda4672
@tgooda4672 Жыл бұрын
Underrated comment this one
@regwatson2017
@regwatson2017 10 ай бұрын
Didn't take courage to turn down those offers. Took pig headedness. Her loss.
@maureennjoroge9663
@maureennjoroge9663 Жыл бұрын
This woman's smile is very irritating 🙄
@martinhavelock5106
@martinhavelock5106 Жыл бұрын
And her voice isn't?
@Atz22
@Atz22 2 ай бұрын
she wasn't sure about going over 25% ... So we fit a flow signal, it mimics the direction of travel 😂
@dac8939
@dac8939 Жыл бұрын
She is already family multi millionaire. They do not need the money just publicity
@44812348123
@44812348123 Жыл бұрын
This episode was aired several years back. She got many direct offers from other investors and did extremely well taking the production to hundreds of tons liqueur a year. What the Dragons missed out on is her vast experience in food business, she is fourth generation owner of the family business having 650 acres of farmland. She was definitely worth investing for what she finally agreed to.
@JAB2010
@JAB2010 Жыл бұрын
That’s too bad. I was genuinely hoping she went bankrupt
@jonathandansem
@jonathandansem Жыл бұрын
@@JAB2010 😅
@intrepidtomato
@intrepidtomato Жыл бұрын
Because she wanted the free advertising. It was smart of her. She didn't need the investment.
@flimbar
@flimbar Жыл бұрын
Not surprised to hear she inherited the business rather than being self-made, she struck me as utterly clueless, not understanding Sarah's very simple offer was a dead giveaway
@freya1710
@freya1710 8 ай бұрын
yeah shes my boss and the business is still going well
@Cycke86
@Cycke86 Жыл бұрын
It's very annoying when people try to make idiots out of experienced investors. They know she simply owns only 25% of the business. Jo missed a chance to come clean.
@johnryandapetilla6991
@johnryandapetilla6991 10 ай бұрын
Honestly I think she turned down Sara's offer simply because she doesn't believe she could achieve that double targets in a reasonable amount of time.
@annon123
@annon123 Жыл бұрын
companies worth £56 million now! checked companies house
@johnmckay1961
@johnmckay1961 Жыл бұрын
Considering her company is still going stong in 2023 and this was in 2015, I think she made the right call
@neilarmitage6632
@neilarmitage6632 5 ай бұрын
She has another profitable business. A track record. She doesn't need a Dragon. Borrow the capital from an institution without giving away equity. With sufficient development capital you employ people and strategy to get your product to market. Never give away any percentage of your business. Never! The world is full of top class sales people, branding, marketing experts etc. These people are already into the traders where volume is sold.
@skinnymac2411
@skinnymac2411 Жыл бұрын
Even Peter’s final offer could have been countered with 30% down to 25% when money back.. silly really
@ianrae1546
@ianrae1546 11 ай бұрын
Did she really turn down Sarah’s offer without actually understanding what the offer was? Seemed like a great one to me.
@PlayMoreGolf-RipOff
@PlayMoreGolf-RipOff 6 ай бұрын
Peter wasn't out he was turned down... BIG DIFFERENCE
@FCN933
@FCN933 Жыл бұрын
I'm at the brink of making big decisions for the future of my own company. The end of this episode shows me exactly the path I should be walking. Thanks a lot!
@VokeVideo
@VokeVideo Жыл бұрын
Lemonade stand fortune 500, or somewhere in between? :) Kidding. What do you do?
@tobymacdonald5893
@tobymacdonald5893 Жыл бұрын
Good luck!
@donpepsi
@donpepsi Жыл бұрын
I will buy your business for 2 dollars
@Aaron-ed5xs
@Aaron-ed5xs Жыл бұрын
Buying back the equity she wants when doubling TURNOVER? Surely with Sarah's help that would happen within....months? If you never manage to double revenue then the 40% is worth very little anyways, so who cares if you've given it up? That's a tremendous offer and it's ridiculous she didn't take it. She understands so little apparently she'd be a mess to work with anyways I guess
@KyleeAndrew
@KyleeAndrew Жыл бұрын
What an absolutely stubborn woman. Would hate to be in business with her😮
@davethenerd1369
@davethenerd1369 Жыл бұрын
Jo's strategy was not right from the start. She simply should not have mentioned the agri business. "I've created a Cassis which is better than the French produce". No need to mention she supplies the blackcurrants to herself.
@sushimamba4281
@sushimamba4281 2 ай бұрын
I think she was grandstanding in mentioning the agri business
@simbasingh5733
@simbasingh5733 Жыл бұрын
Nick Jenkins, Sarah and Duncan are my favourite Dragons 🐉
@jonathan0834
@jonathan0834 8 ай бұрын
She wasn’t even thinking about the deals straight away she said NO to all the offers first made
@cornbeef
@cornbeef Жыл бұрын
I understand where they're coming from when they asked if she would turn it down for just 5%, but the same can be said for the Dragons, They're turning down an opportunity to get an extra 5%. Stubborness vs Greed. Stubborness won.
@Wearethewingmakers
@Wearethewingmakers 4 ай бұрын
Sarah was basically saying she was going to double her sales, i would imagine pretty quickly. The offer was spot on and she was a silly womem not taking it.
@informationyes
@informationyes Жыл бұрын
Peter "revealing you had another business was your first mistake"
@yahyaraje
@yahyaraje Жыл бұрын
I would never invest in this woman, making simple day to day decisions would be nightmare “no I’m doing that”
@666JPF
@666JPF 11 ай бұрын
Imagine turning down that 20% offer 😂
@homiekeen23
@homiekeen23 4 ай бұрын
If they say come on it's only 5% , then why can't they give it up, it's only 5% 😅
@outsideconfidence12
@outsideconfidence12 Жыл бұрын
Pretty clear that she has someone else owning more shares
@danjwalker
@danjwalker Жыл бұрын
How did she not understand the offer from Sarah??? And who is this accountant that's so powerful she can't budge to make a deal? I'm frustrated for this woman.
@derekm3180
@derekm3180 Жыл бұрын
The editing made her look dumb, but she's a global brand now, so who's dumb?
@gianluca_ruggieri
@gianluca_ruggieri 4 ай бұрын
why refuse to disclose revenue? It's on public records and also available online directly... I'll never get that.
@sushimamba4281
@sushimamba4281 2 ай бұрын
True to style... her stubborness
@ewene2656
@ewene2656 Жыл бұрын
Entrepreneur: but you don’t want to know about my other businesses in this pitch. Peter: No, no go on… 😏
@savannahjackson8513
@savannahjackson8513 5 ай бұрын
Touker is out… without even offering office space. Shock horror!
@claudiogonzalez9926
@claudiogonzalez9926 Жыл бұрын
I mean she should've say yes to Sarah and then they could always have the advisors revise it and eventually don't go through with it. If she were confident about the projections and the well known sales boost that Sarah could have given her brand, she wouldn't mind temporarily giving up more than what she intended to. Even if it came out of her own share. I mean... it doesn't stack up. Unless she went only for publicity. Then it would make perfect sense.
@whatsadog2445
@whatsadog2445 Жыл бұрын
I don’t get Sarah’s reasoning with that offer. The only explanation I could think of is that she doesn’t believe she could double her turnover, which makes no sense to me. If she was certain about the doubling, she could just offer 20% and be done with it. It felt like some awkward logic (or “safety”) for little gain.
@falsealaska
@falsealaska Жыл бұрын
She said no to the offer then just a few minutes later she says she doesn't understand the offer. In order to say no, you have to at least understand.
@ManUsingLogic
@ManUsingLogic 11 ай бұрын
The dragons are ridiculous how they react to someone not wanting to get ripped off. Saying it’s only 5% and 40% is a great offer is asinine. It’s a great deal for you, not her. You clearly don’t value her business if you are trying to devalue it to that extent
@WaniZame
@WaniZame Жыл бұрын
Born into money so not used to not used to compromise.
@tippy8817
@tippy8817 Жыл бұрын
Great offer from Sarah and frankly a bit thick not to take it.
@aisha-gd2ky
@aisha-gd2ky Жыл бұрын
Sarah drinking throughout this pitch to get her through the branding errors
@devanman7920
@devanman7920 10 ай бұрын
She clearly just didnt understand Sarahs offer so just kept saying no.
@vytautasgaldikas7588
@vytautasgaldikas7588 Жыл бұрын
Is accountant even the person to ask for advice on something like this?
@Pobsta-de7hb
@Pobsta-de7hb Жыл бұрын
She does not understand the buy back option, and does not understand so many other things. She has listened to 25% and will not accept anything else, regardless of how much sense they make
@thewanderingwolves90
@thewanderingwolves90 10 ай бұрын
Her accountant potentially just lost her millions of pounds 🤦‍♂️
@lailamani2104
@lailamani2104 Жыл бұрын
She didn't seem very bright at all. Sarah showed several times that she was willing to negotiate and this lady was sooo unwilling. She was frankly annoying
@craigelliott12
@craigelliott12 Жыл бұрын
She did not come on with any intention of doing a deal .... she wants the exposure .. how devious
@amrvandenadel
@amrvandenadel Жыл бұрын
I am getting irritated every time Peter is humiliating anyone who rejects his offer when he said "With 5 percent, what could happen here. You could have much more" making it sounds like he turns sand into gold, while he already rejected offers that turned into billions because of his arrogance! If 5 percent is nothing for him, then he doesn't need to be greedy and that's fine if she is stubborn and listening to her accountant. They are already turning over 8 million, which means they are already successful. But honestly, Sara's offer was great. She just doesn't understand what Sara said.
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