Eco Warrior Ditched Millionaire Making Company To Launch This Product... | Dragons' Den

Eco Entrepreneur, Mike Shaw has developed a brand of water bottles made with corn starch in the hopes to combat plastic waste. He's seeking a £50,000 investment in exchange for 10% of his company, Eco For Life.
Season 17, Episode 13
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 #Eco #BusinessPitch

[@BenjaminGoose]

Deborah would be proud of the way they’re recycling these clips

[@Squoggs]

And the way you’re recycling this comment lol

[@zainazhar7996]

This is funny

[@coldestbeer]

I feel sad for the bytes in server space that had to store this recycled repetitive joke.

[@fishingdandan4788]

@@Squoggs and this comment

[@rippawallet]

@@fishingdandan4788 and this comment

[@padraicburke5687]

Never tell Peter you have another company.

[@DlcEnergy]

🤣

[@threethrushes]

A golden rule in business: 'Never tell Peter that you have another company.'

[@Ziggykitty666]

Teij said at the end that there is nothing like it after listening to a pitch and he himself stating there is nothing unique about it and ppl have been doing it for a long time globally.

[@jeffledger846]

Lol 😂

[@Hutchyy]

Touker: "this isn't investable" Also Touker: attempts to invest by making an offer

[@Zenocius]

Touker Sillyman

[@JakeLYT]

He said the product wasn't investable in its current state. With a redesign there's a lot of potential.

[@Hutchyy]

@@JakeLYT if it's not investable in its current state then it doesn't have scope to improve enough to be worth investing in, by definition

[@epicgameruk87]

hypocritical if u ask me lol

[@BDogs10]

Touker (for mine) is not an easy communicator but he is successful, so he’s got abilities

[@maxwellblackwell5045]

Most plastic items don't get recycled even when put into recycling. Besides that, every time you recycle plastic it increases the phthalate content which is carcinogenic.

[@bollydien2407]

Why does Tej always look like he’s just finished a 3 day bender

[@jarednil69]

He could suffer from sleep apnea or something.

[@PW-72648]

*sniffs vitamins*

[@margkropf5541]

I have never understood why tap water isn’t good enough.

[@TboneSteak1992]

Cause its not a clean taste. ​@@margkropf5541

[@ahmedzakikhan7639]

If the other company was up for sale, Peter would have invested in the combined business.

[@AScaryOrange123]

Surprising he didnt propose a deal including an investment in the other business.

[@76-UVB]

The entrepreneur loses his bottle , whoever writes that stuff deserves a pay rise

[@Clamfaced]

1:17 - "Wait, did I leave the water running? I can't remember turning it off? Crap.. what was I doing before I-- oh nevermind I didn't." ECO FOR LIFE.

[@rhys_parsons3292]

Class comment 😂😂😂

[@tenzing2090]

😂😂😂

[@justinstevenson2061]

You win 🥇

[@JakeLYT]

Legend

[@ibrahimalotaibi2399]

Touker always pitches to take over the entire business. I have never seen him pitching below 15 %, he always jumps to ~ 40 %.

[@AnythingGasoline]

He’ll usually make an offer for the ENTIRE business lol

[@sadikmeah4057]

But he usually makes offers where other dragons shy away from.

[@jarednil69]

Touker always says "THERE'S ALOT OF WORK HERE". 🤪

[@S-rn6xn]

The dragons always go on about the valuation of the business yet are happy to undervalue them. 50k for a third of a business that is on track to make over 500k is crazy low

[@IAmTheJayster]

Thats turnover, net was about 110, plus its just another water bottle manufacturer togo next to countless other water bottles and he has nothing proprietary.

[@none-ofthat7997]

I think the whole point is that they're experienced and connected. The money is peanuts to them either way. You have to think if you want 80% of a million or 50% of 10 million. If one of the investors has enough skin in the game they'll surely put in the work to make the value skyrocket. The matter of being overvalued is that they'll have no interest in owning 5% of something when they're providing value in other forms besides the money.

[@Koxocw]

And once the dragons are on board it will make millions

[@seasonedbeefs]

Welcome to business

[@Anythingyoulike2013]

yep he should have asked for more money simples

[@mikerotch5880]

A bottle you can use again and again. Isn't this true of any bottle? lol.

[@Ziggykitty666]

Time to find out who is unusually quiet in the den

[@kaj661]

Yeah I see someone else comment this on every video too

[@drewb1263]

Peter: Id be interested in 10% of your 10 million pound company for £50k

[@liamboreilly]

Peter's 'well done' at the end reminds me of the coinflip scene in No Country For Old Men.

[@dabotta9793]

Just when I'm about to start cooking lunch, perfect

[@gardensoflondonmwgs7836]

Peters Puns - Im thinking of something corny to say 😂

[@readjordan2257]

1:23 made me laugh until i cried. Just that transition and stare is the best

[@hannahf5820]

It’s got me laughing too now 🤣🤣

[@DlcEnergy]

I find it better to play from 1:20 lol

[@readjordan2257]

Both excellent spots

[@murilogoulart4935]

Well done 👏

[@jakecooper5855]

This is an incomplete story that doesn't add up. How are these bottles any better for the world? They'll clog up landfill like plastic and they'll make a mess of recycling plants when the workers assume they're regular bottles and they all go through the process with the plastics. What about the manufacturing? You have to grow more corn crops that are being removed from the food supply, and you need all the extra resources and water to grow and process the crops through to completed product. Then all your left with is a bottle that can be composted in commercial settings, which will probably only be available with a handful of companies. This bottle is definitely not the answer.

[@IAmTheJayster]

Is he selling water to consumer or providing bottles to companies that do? This is DOA if its the first one

[@karthikhegde9752]

He is selling compostable bottle along with water

[@iancampbell9297]

Well done!! he sold company for 100 million

[@rachmadsuhartono]

Compostable products are usually not recyclable but it's better than straight up plastic

[@ashleyj0]

I wish they'd force all keurig cups to be made like this. And then like we have our recycle totes (in the US) we could have compost totes and have a compost area for the city. I live in an upstairs apartment and can't have my own compost pile. So i throw my food scraps with non recycle items in the garbage tote & they all go to landfill. We really gotta figure this garbage thing out. I go to any measure to try & get every recycle item i can in the recycle bin. But our city has said they won't take the keurig cups. Even cleaned & stacked together.

[@maxwellblackwell5045]

Unfortunately most recycling ends up in the trash anyway. It's basically a scam. Sad but true.

[@lukerinderknecht2982]

Keurig cups should be banned

[@arniewheeler4673]

brilliant outcome.

[@zxylo786]

The dragons aren't thinking with the bigger picture here. The good thing about this product is that it doesn't need plastic to be made. Which means that if oil starts getting scarce (and it will) this will be one of the only ways to still create "plastic" products. Is absolutely genius

[@anthosm]

most of these dragons back away from deals when they need a couple of years still to take off... You expect them to invest into something that they will be dead by the time it happens?

[@muzamilnazirmalik619]

After every deal TUKA says we will make this happen blows my mind.

[@BenjaminGoose]

What's TUKA?

[@GroseyCoinHunts]

TUKA 🤣🤣😂😂

[@drnureini7538]

He will make it happen by giving them office spaces. That's all what TUKA means🤣🤣

[@muzamilnazirmalik619]

Guys I just love saying TUKA not Touker, it just seems funny that way

[@AbhishekSanyalTGV]

But he also does make it happen, right?

[@drunkdunc8738]

I always opt for corn starch bottles when I require a stiff drink 🍻

[@dac8939]

Touker's offer was an absolute load of bottle

[@Clamfaced]

5:33 There it is

[@nicolakoh7552]

i lost track of how many ways tej's name was captioned

[@CODFATHER173]

When does the next series start?

[@joaquinbaquie3319]

new episode??!!

[@theideaplace]

A reuseable bottle needs a wider top so it can be cleaned... how do you clean such a bottle

[@mrsolar5739]

Tej Lalvani got allergy of water or something ? 11:56 almost a invisible sip !!

[@lancelaws6128]

Lol 😂 well spotted

[@ShopSongs]

So it's a recyclable bottle that can't be recycled in a recycle bin but it's selling point it can be reused, much like a regular plastic water bottle which can be recycled in a recycle bin

[@thealien_ali3382]

This bottle decomposes, the material used in the bottle most likely will last around 20 years before it's completely gone, whereas plastic bottles last for 1000 of years

[@boozypixels]

1:17 mike.exe has stopped responding

[@jamiesmusic]

looks like this didnt go anywhere, i'm thinking the deal didn't even go through

[@FRANCESCA01234]

What a nice guy

[@ellenkarlsson9490]

If it's reusable it needs to handle being properly cleaned and disinfected. I highly doubt something made out of compostable plastic will survive a dishwasher.

[@royfr8136]

I always reuse my water bottles anyway....

[@MrJj86uk]

I have for a few uses, but apparently chemicals leak out in the cheap plastic ones so it isn't recommended.

[@noooname2568]

What does your other company make 👀 👀 👀

[@jamesstead2256]

A bottle you can use again and again that never needs refilling

[@kreatesse]

wouldn't it be so ironic if the plant decorations on his display were artificial

[@meenanaicker8999]

Is it me or does Deborah have an abrasive way about her. I really like the blue polka dot lady.

[@JonasHamill]

Deborah's reasoning that it not being recyclable and therefore not really eco is flagrantly flawed. A banana skin isn't recyclable either. It's still better to have something decompose in a landfill than it be plastic and remain there for thousands of years

[@peterreber7671]

But this bottle does not decompose in a landfill.

[@ambalabibo]

This is compostable, only breaks down in a compost heap. It’s just like any other plastic bottle in a landfill, though - so she has a point.

[@simonjones6225]

the unlimited bottle,use me forever

[@TheAtticradio]

Any new dragon den series coming ?

[@laragrace11]

i hope so too 😊

[@abdisalamroble3119]

You don’t have any new updates

[@yogioto]

Finally a bo'e o' wa'er 🤣

[@BenjaminGoose]

Boa constrictor?

[@yogioto]

@@BenjaminGoose "bottle of water" ;)

[@lukerinderknecht2982]

Why did KZbin give me an option to translate this comment to English 😂

[@yogioto]

@@lukerinderknecht2982 what's the translation? 😂

[@lukerinderknecht2982]

@@yogioto it can't even compute, doesn't even change when I click translate LoL

[@erepsekahs]

But how are you going to make millions of bottles from corn starch when you are banning fertilizers to grow corn in the first place?

[@therealvbw]

nice

[@iranicus3393]

If they are not recyclable, wouldnt this be just changing the problem from plastic waste to corn starch waste? o.o

[@renownedbandanawearer1345]

The difference is that corn starch waste is plant-based and biodegradable and plastic is not. This product is compostable but not fully biodegradable, sure, but if they worked that part out then the waste becomes much less egregious. I’d much rather environmental pollutants that easily break down into natural components that can be used by the ecosystem than plastic that can only break down into smaller and smaller bits of plastic.

[@lukeflaherty4806]

It seems like no one ever really wants to work with touker :(

[@TheEsotericProgrammer]

No, clothing people always do and he always says it's crap

[@razadaza9651]

How eco friendly is the production process??

[@PW-72648]

Good question that nobody asked

[@razadaza9651]

Ummm you can reuse plastic bottles and get the same result?

[@loiswinstone5904]

Just ban plastic altogether 👍

[@devicebackup664]

What's with the weird background music and what happened to the old sound effects?

[@sholahowells2531]

Love this! Environmental Sustainability is the way.... Nice!

[@pnklady3788]

It isn't recyclable though, and the vast vast majority of people have a council recycling bin but very few people have (or would even consider) a compost heap, even if they have a garden (which many people also don't!).

[@ahmedzakikhan7639]

​@@pnklady3788 No need. It should target businesses; anything that says non-petroleum, businesses will buy to meet ESG targets.

[@wanderingalba5077]

Did you not listen and watch and hear the unsustainable details??? 👀

[@ryanogrady2791]

It's corn!

[@rubberbandproductions6885]

a bottle made of plants, melts into the sea, eventually

[@IRCW]

Ffs pitch was on such a high until he spoiled it by saying it’s not recyclable not even good if ends up in landfill!!! Back to the drawing board!!! Needs to be recyclable eco friendly sustainable and re-usable!!!

[@annakeye]

1:23 Could Peter look any more disgusted?

[@anastojic7609]

Handsome dude 😍

[@lakojake4215]

Touker missed the point on the reusability. Just because you can use it again, doesn't mean you're supposed to use it again. You can throw it out and it will compost or you can reuse it. Using Touker's logic, why doesn't Coke put on their label that you can reuse the bottle? Terrible branding. lol

[@kieranoberhansli1054]

I mean I just reuse a plastic bottle about 100 times before I throw mine away. Spend like 1.30on a bottle of water then that bottle lasts me months. Anyone else do this?

[@peterroberts7921]

Yes. I take a bottle of water to bed every night and just refill the one bottle. I throw it away once the dark nasty stuff starts to form at the bottom of the bottle....🤣😉

[@PW-72648]

Eeeew, just use glass.

[@CKD3332]

Tuka - "There is a lot of work here" is the way to strong arm him. 33.3% is another outrageous offer. He should have refused and said I can give you 10% percent each, end off.

[@Cloud__ffvii]

Lots of companies would pay a consultancy fee to get the insight of the dragons into their business, never mind their potential contacts. 33% is a good deal for him. The guy is running a 9.5m turnover business, he’s more than capable of seeing a good deal when it presents itself.

[@GennySavastone]

YOU NEVER BELIEVE IT ABOUT THIS DEAL... WOW!!!! first time Tej and Touker went to the HQ of this company, they went to the basement and was told "the first rule of fight club, don't talk about fight club". It turns out they make all their employees fight each other after hours with Trivia and his father in law Tyler Durden

[@7th.trumpet]

🤣

[@MrJj86uk]

I'm out.

[@yagovich8473]

@@octopusdreams Alice not alice.

[@b-dogs1038]

Let’s do this thing. I’m in

[@Goodyearmonkey]

For Gods sake this could save the world. All plastic should be corn based. I’m sure the oceans would appreciate it.

[@renownedbandanawearer1345]

“bUt It’S nOt ReCyClAbLe”

[@maryphelps7381]

Try this on for size . . Break the MENTALITY , , Creating the " I Must , have A drink or food with me Everywhere I Go " .Find the Source of the Problem . Then fix it .

[@tamikagreen1119]

But how can this corn bottle be recyclable? It's not plastic, it's corn. Also recycling isn't all great. It gets sent off to far off countries which in itself impacts the carbon footprint. So being compostible would be better. Although really it needs to be easily compostible or biodegradable in regular conditions not lab conditions.

[@warrengeew]

Compostable materials use massive amounts of starch production to produce, therefore is not sustainable. Plastic is the greenest option if recycled. It's not a material issue, it's a people issue.

[@edwindsouza8816]

Why was Peter impressed with his other business's turnover of £9million when every dragon knows its net profit that is the important number, not turnover....

[@occam5052]

Yep, turnover is just vanity.

[@Gardureth]

Should this bottle not be thrown away with the organic garbage?

[@jasonm4332]

"plastic pollution is a global issue....." camera cuts to eco bottles set on a glorious, very healthy looking plastic garden........🤔🤔🧐🧐🧐

[@FreekHoekstra]

Mental, its compostable, but not rrcyclble, Recycling has been a total bust, it only happens on a small percentage of items, you can only be done a few times you always need fresh oil. And fundamentally if we could replace every bottle with a compostable bottle the world would be much better off. If you can’t make money on it fair enough don’t invest in the business but that’s absolutely mental logic to pick recycling over compostable.

[@sherry356]

What's the point of this product if it's not recyclable and not fully compostable or biodegradable? It would just end up in landfill with other plastic bottles, no?

[@afusa1765]

I just looked it up online, and they seem to have developed it into a biodegradable product now!

[@stormchild831]

....That pitch sure took a lot of " bottle " ! 😊

[@MiltonRodrigues-uo3lp]

Entrepreneur lost his bottle ?

[@m.i.5381]

Its biodegradable then why did Deborah object ?

[@q8386]

Seems strange to me - he already has a multi-million pound turnover business, so why isn't that company investing in this product? Is it just that he needs their expertise? Or just getting publicity?

[@andyhawkins7988]

Expertise. If it was just publicity then he would have rejected the deal

[@waxeye6488]

Precisely

[@bobstirling6885]

That's just making another plastic bottle, but not using petrochemicals, and it's not recyclable....

[@jreverie7018]

Deborah's whole eco friendly outlook is so flawed lol - they may not be "recyclable" but they're made from a crop that can be mass grown without much needed... Most plastic can be recycled once only. It's far far far far better...

[@MarxistKnight]

No, your understanding of the issue is flawed. If biodegradable waste is thrown away and ends up in landfill, it will probably not biodegrade in the first place but if it did, it would release carbon dioxide without also becoming useful compost. Which is worse than a plastic bottle just sitting there.

[@AnythingGasoline]

So he has another company that turned over 9 million but didn’t ask why he hasn’t invested a meer 50k from that company into his bottle company?

[@nessthecat]

So he's created a bottle that realistically causes the same waste issues, just a different ingredient... Probably why nobody else is doing it XD

[@jonathandansem]

my exact view

[@skilledjanjua297]

I don't even understand what the idea is supposed to be really, other than it's made from plant material.

[@RickallsBushcraft01]

Too many adverts

[@thealien_ali3382]

I wonder if peter pentrates horses

[@langelaily]

Given Tej offered 30%, I feel he could've got both for 30%

[@BenjaminGoose]

What's a "millionaire making company"? Does the title mean this person ditched a millionaire who was making "company", whatever that means?

[@carolynejayne121]

Jennys out! shes bottled it! 🥴

[@dac8939]

Even if she invested, she would have done bottle all

[@Jamesh2263]

Sara who ?

[@paultheretrogamer]

I am sick off the the tree huggers is it organic is it this it that god sake

[@wezlo8733]

Deborah needs a serious seeing to

[@Firedancer100]

Ethereum 😊

[@anubusx]

Jenny doesn't use bottles and is out.

[@nxesr]

You know the amount of bullshit excuses these dragons half give 💥

[@7th.trumpet]

Jenny-"I've never had 'the bottle' to invest in anything on dragons den...so for that reason...I'm out !".

[@BenjaminGoose]

Who is Janny?

[@stevengayle4884]

Another repeat smh

[@kellynorthcott7005]

Why give millionaires more money to build a brand?

[@BiG_JACK2]

Lol