Husband And Wife Duo Put Everything On The Line For Business With NO ORDERS | Dragons Den Canada

[@allikhaur]

Other than no orders and revenue, the worst thing to say to a potential investor(s) is: we are tired.

[@BlueAmerican26]

he was so desperate. No one is going to invest in desperation.

[@liddybug8311]

Exactly. Everyone who works for a living is tired especially people just starting their own business. They just look so desperate and foolish.

[@moizmahmood8278]

We lost the house so we’re debt free. Bro what? 😂😂

[@DavidYoel13]

It’s technically correct

[@forallthestupidshit3550]

Silver lining, my friend. "I lost my leg in the accident, but finally dropped those 50 lbs! My doctor will be so happy!"

[@stuff1784]

That was… not a flex. 😅

[@Rainydaysq8]

this is a lesson for you kids out there never sell your own house especially when you have kids

[@fastbreak0822]

Big risk Huge rewards

[@thatPSNguy99]

you can get the same reward with a lower risk and not being foolish

[@CallMeUbba]

@@fastbreak0822 I took massive risks in business when I was single and even married but once my first kid was born I just couldn’t risk everything knowing what was at stake. I’ll risk my own future sure but not my kids. This guys a moron

[@Machinu5]

I don't think they said they sold the house, I think they said they lost it,which is 100x worse.

[@Moon_Presence]

Kids or not. Don't ever sell your house

[@therefreshed5887]

This is possibly the saddest of all

[@CatopiaCatSanctuary]

This was heart breaking!

[@ddubsr5886]

They can use their produce to decorate the bridge they are living under because they never gave up

[@belltolls1984]

lmfao

[@chaos-fk6fs]

only if there isnt another problem with the adhesive

[@aquarianguy]

Here's my advice for someone in this situation: Get rid of the notion that this is the only successful idea you'll ever create. Be willing to completely waste this idea and cut your losses. And when you reach that point, it might surprisingly work out. Don't take a loss on it, take a win for having had such a great idea and go on to producing the next one.

[@imalwaysright1408]

This is such an important information to keep in mind. Ideas are a dime a dozen, it’s all about execution. Most of the big companies in our time weren’t the first ones to have the idea, they were the best at executing it, ex McDonald’s, apple, Microsoft Windows, fortnite

[@cuthwulf]

The sad thing is they didnt understand that licensing is not giving up. The difference between a dreamer and an entrepreneur is the ability to pivot and realize its all about money, not “winning” by getting to exactly what your brain originally planned.

[@forallthestupidshit3550]

I heard someone say on the American Shark Tank "I'd rather own 30% of a watermelon, than 100% of a raisin." That's not giving up either. People are so stuck in their ways. They have an idea of the perfect resolution for their business and won't accept anything other than their preconceived ideas.

[@jaynebutler3342]

Mark Cuban said that. I feel sorry for them.

[@AlphaCentauri24]

Did the pitchers talk about having patents or did the dragons just assume that they have patents?

[@EasyRider247]

15 years, Jesus Christ… this was tough tough to watch

[@thechanneloffun3760]

If anybody has a idea for a business work 7 days a week and save your money and use that money for the idea you have, don’t touch the house, don’t get loans, don’t get investors and also don’t ask friends and family, just work work and save and use that money, if things don’t work out, you are nice and safe.

[@JaySinghIsImmature]

Feels bad just watching this couple. It's sad.

[@robertburk5550]

When your brain, heart and soul all scream OWWW! for different reasons....

[@johnbertrand7185]

Look at the bright side Frenchies, $600,000 Canadian is only $5.85 US.

[@louisp.2798]

They are clearly depressed..

[@AverageAngel]

Yeah I agree they don’t look good at all. They look like they been in a basement bunker and haven’t seen the sun in a few years

[@stuff1784]

No kidding!! Who wouldn’t be in their situation?!

[@gavinwilliams5053]

I can't show you any of the Disney-licensed products...as he shows the entire cast of Finding Nemo and the Avengers....

[@AdamBechtol]

:p thought that too, but Nemo is Pixar, so he's likely allowed to in the licensing contract.

[@xwulfd]

lmaoo i think this episode was old, when disney didnt own marvel yet but still its hilarious

[@absolutelyheretical7132]

I can't help but feel really sorry for these two. I don't even think the things that went wrong were even their fault and that it was the suppliers/manufacturer's who totally screwed them over with shoddy products. Truly depressing.

[@raydare2002]

no chance, its adhesive not some insane tech. They spent 300k on products with faulty adhesive. They could sent over a small batch and so on.

[@forallthestupidshit3550]

Either way, they put WAY too much money towards something with no sales. You can't invest literally every penny to your name to researching a product that no-one might buy. That was their mistake; not selling along the way!

[@oneheadlight8000]

I’ve never ordered anything in bulk from China without getting samples first.. just because it was working over there doesn’t mean it’s the same product that they’re going to deliver off the line.

[@bartoszstarszobracki8675]

@@oneheadlight8000 They said themselves that they've used cheap water based adhesive and it froze during shipping. Either use different kind of adhesive, make sure it's properly proteced or produce it locally.

[@oneheadlight8000]

@@bartoszstarszobracki8675 I’m saying they should have shipped a sample quantity before thousands

[@Mrslovett007]

"We're a multi-million dollar company" Half a second later: the value shows its not even worth one million 🤦🏻‍♀️

[@jakecooper5855]

Oh dear

[@zagree4454]

they meant in sales

[@Shrooms-up6sv]

They tried hard to work on their marriage after this but it didn't stick.

[@AdamBechtol]

ah dang, best comment so far and only 1 like at the time. :p

[@rufdawg]

lol. The damn adhesive.

[@motleyassortment5512]

I think this will do well for parents with little kids.

[@BlueAmerican26]

When you don''t learn when to stop.

[@grantmonaghan810]

LISTEN, and LICENSE IT!

[@moogleking]

This was too sad

[@erepsekahs]

Yep. They are dreamers. 4 personality types: Driver, Expressive, Amiable, and Analytical. These are Amiable/ expressive, guaranteed to fail.

[@angiekalas-caldwell8825]

LOL my grandma lives right beside pierrefonds quebec and it freezes all the time... how can you not produce a product for your own locale? it freezes in canada....... wtf man. or will it be too warm in homes that heat to tropical temps on the flip side xD

[@salemkid1979]

I'd license it, and as a consumer I'd buy it for my kids bedroom

[@iamsofaking6728]

$900,000 valuation for a hole in the ground. These two have zero business knowledge or instincts. I wish they’d just license the damn thing and get on with their lives. Preferably in a home.

[@oneheadlight8000]

and not in Canada.

[@james-bryannaadams6928]

I feel so bad for this guy because he just isn’t a business man. They lost their house. What about their kids? Believing in yourself is one thing, losing everything they have because they don’t know what they’re doing is another. This guy would sell his family for success…that’s the problem. I couldn’t work with this guy…every good idea the dragon gives this guy he would argue and swear he knows better.

[@Chi-town1369]

Ego can be a bitch and many people downfall

[@Machinu5]

When you put it that way, it makes me feel like if I lived in his shack I'd kill him in his sleep. Would a jury convict?

[@dontbedummy8101]

A good entrepreneur also knows how to build a team. He should no he may be a good designer or engineer but not someone who can execute the business side of things. Also going to China... man with someone so inexperienced it's a disaster waiting to happen. That fucking place runs by the law of jungle. He would've better chance actually to stay in North America, manufacture here in small scale, and price higher...

[@davicool9958]

That's a great wife : "Stand by your man."

[@ItsYoYoHo]

Failed family man.

[@awunggawunggshi1137]

They should not have revealed all the crappy past to the dragons... Their revelation changes the entire playing field for them... Otherwise its a no brainer and every dragon would have vied for a deal with them. What a shame...

[@oneheadlight8000]

Patents… they expire after 20 years.. not much time left

[@marcstephen506]

that hurts

[@Machinu5]

Arlene looks at them and thinks they might be "anxious". I doubt that's the half of it. When every time your wife looks at you she fantasizes about killing you and collecting the insurance, but knows she can't because it lapsed, that's not normal "stress" or "anxiety".

[@rauserbegins5850]

When a guy is crying and saying "I need your help!" you can be sure he isn't getting an investment lol

[@draculastraphouse7863]

I agree, it was beyond pathetic to see him standing there looking all sad, I wouldn't give that guy a single dollar just for that reason alone

[@Iburn247]

She sounds like she smokes 2 packs a day and they're super selfish to put their kids thru that. It's sad.

[@jottmann97]

That's probably the hardest one I watched.....

[@kiwiryker]

What a genuine lovely man , I feel his pain … I hope he succeeds and being seen on here he may have …..

[@BlueAmerican26]

genuine stupidity too.

[@dontbedummy8101]

If he had a product, after the show they could have a surge in sales. They don't even have a working product...

[@arturorangel62]

His wife loves him and that is worth alot

[@Ballez-c9g]

I wish I had the opportunity to help them it hurt my heart because I know how it is to lose everything and have to fight to get it back

[@mlpencola]

In the beginning of the pitch, he said they've been in painting/decorating for 40+ yrs, that'swhat they do... so where's that business and its finances??? Additionally, nothing good will ever come from acting out of desperation; and they look desperate, like they've been on a street corner for this item.

[@alexpetitcomedy]

His shirt is so dumb. Also a lame product. Sad all around.

[@alexpetitcomedy]

I thought this 2 years ago and I still think it

[@kingalf4828]

No one is going to invest in desperation.

[@whatsadog2445]

“I know it in my soul” Oh, Peter, grow up. “I’m not giving up” The dragons made the right choice, they’re just desperate and don’t know what they’re doing.

[@nicholasbrowning4558]

Thinking you are right can be dangerous. I feel bad for them.

[@StarCadet]

He has a great wife who sticks beside him. He needs to honor her by licensing this concept to other companies and quit the grinding.

[@SocialWorkProfessor]

Does anyone know what became of this product?

[@motleyassortment5512]

When Kevin says "he don't care!" He sounds cold and heartless, you can try to find somebody that might be able to help them , but don't say "you don't care". Some people commit suicide because they feel that they cannot financially get out of debt and the only way to solve all their stress and headache is to kill themself. Those kind words can cause a dominoe affect.

[@berniegatchalian2630]

Kevin is truly heartless. All he care about is just making money. He said that so many times in so many ways. What shall it profit a man if he gains the whole world but loses his soul. That verse came into my mind. A day after Kevin dies, he will realize how foolish he was in this life. And he’ll have to suffer and regret it for all eternity.

[@javierclement3047]

@@berniegatchalian2630I would agree with you completely as that’s what Christ said, and if he acted this way actually I would agree. But I think he, we, they know it’s pretty tongue and cheek and an act on this show. Otherwise, yes, charity and understanding is part and parcel of Christian ethics.

[@MatecaCorp]

@@berniegatchalian2630 you think someone deserves to be subjected to eternal tortures beyond imagination because they were a jerk on tv?

[@danny91pr]

Kevin is not heartless. He is a pragmatist, and he tells it how it is. At the end of the day, feeling bad for someone is useless unless you're willing to write them a check. Also, this is not a charity show. If your idea sucks sometimes you need someone who will be brutally honest instead of people showing fake sympathy.

[@patrickwhite6792]

Wow crushing.

[@johnbertrand7185]

People's financial stupidity is my fuel.

[@jmharris251]

I love the idea, but not having the removable reusable adhesive, a necessary element. Their only chance is to license.

[@MatecaCorp]

I’m sorry, but people who are dumb enough to ruin their lives for the sake of cartoon stickers should have their kids taken away. It’s straight up child abuse at best.

[@user-tv8oc9rj6l]

7:06

[@konfyd110]

Life lesson: Learn from your mistakes.

[@Osiwan960]

just a bad idea for the way it's put on the wall. the magnet thing is not too bad if you can sell it. No glue will ever hold it in place for a long time unless it's the strong, permanent type which will undeniably damage the paint when removed and probably a pain to remove too. If the way to use the product was better and the sales & business manager was solid it could work but not like this.

[@ccggenius]

I don't know about that, seeing as Command Strips are supposedly able to hold tens of pounds, and are marketed as leaving no residue.

[@Osiwan960]

@@ccggenius well i just assumed that type of ideal glue for it didn't exist or they would have it so if it does then they're really bad business people.

[@erikaz1590]

@@ccggenius honestly that maybe should've been their move. They should've partnered with Command Strip to make it a command strip product. There, adhesive problem solved. No need to worry about even shipping it with new adhesive, just ship it with a $10 pack of command strips.

[@Iburn247]

They make magnet paint now and that's better than this so for that reason, I am out

[@jadeshnier4083]

No one noticed the copyright issues of using characters that big companies own? It's asking to get sued

[@forallthestupidshit3550]

They said they went to companies to discuss licensing. That was the whole Disney part of the conversation. They covered it.

[@getpoked2498]

They would've been millionaires if they just manufactured it in Canada instead of China lol

[@bartoszstarszobracki8675]

I think the problem has to do more with storing and shipping, because he said himself that his adhesive froze. If they tried to produce it in Canada, it would just froze at the warehouse instead.

[@mlpencola]

I don't understand how you mess the adhesive twice, especially at that price. Something fishy there 🤔 either rushed or not tested. Adhesives are a dime a dozen now, including safe for children... just doesn't add up.

[@carlitosway7054]

If they are going to waste money like that. They could have gotten a weed dispensary for way less than 600k. He had the nerve to say were not giving up. You can't help stupid and full of pride.

[@ScottOSaurus]

What is it with people dressing like their going to the bar when pitching. Biggest presentation of your life and you wear the “open range,” Walmart V cut classic. I mean really?

[@blackhawks9763]

Jesus Christ, that was hard to watch. Hopefully those two are doing okay in their lives.

[@gridlo]

I think it's cool.

[@WstWrld]

The product has become like a super addictive drug for this guy. He is too far gone. Sad.

[@Nocturnalux]

Don't they actually return, with the same product, and still no prospects of success?

[@ben8698]

Don’t feel bad it’s their own damn fault. And they walked away delusional still thinking it could work after 15 yrs and $600,000 down the drain. Sometimes the best way to help is the be straight up with someone

[@DenisUspeshny]

why is his chest open?

[@ScottOSaurus]

The lowest energy couple in the world. He just looked pathetic the way he kept staring at the floor pouting.

[@keithwhittington1322]

ouch

[@stevengreidinger8295]

Don't go on Dragon's Den without $100,000 in yearly revenue. You need to show sales to be attractive to these investors because they expect the entrepreneur to market and sell.

[@jeremydoucet8918]

Rough story but they’re a basically asking for a licensing deal without asking for one. They wanted the dragons to buy a chunk of the business but do all the work. You don’t get it go both ways. Either you make the business work yourselves or you sell the idea/intellectual property and take your nickel. The only value they’ve brought to the table is the idea - they have zero ability to execute. Also I don’t think this ever went anywhere and it’s likely due to the fact that eventually all those buyers over 15 years lose interest. Shame of it is that they probably had a very successful business and they lost it all on a silly dream. And near the end it just got sad - buddy literally just said I’m a moron and please bail me out and nearly cried. But Kevin is right - their emotional involvement blinded them in their pursuit of the idea.

[@huanweili7699]

The product is cool. I would buy it if the adhesive worked.

[@nicholasdicarlo217]

This is the saddest pitch of all time. Listen to the dragons and license it

[@FaisalKhan-ie2fo]

They got screwed by a chines company, so how is being scammed bad execution?

[@beautyholic5592]

Because they went back with the company again.

[@johnbertrand7185]

French Canadian failure is my fuel.

[@frankieb8591]

Don’t beg and cry

[@B1TKZH47]

In my opinion, Kevin O’Leary is one heartless, cold and greedy character. If rich is all you want to be, you’re pathetic.

[@commanderkeen3787]

He thinks he's being cool by talking the way he does. You're right, it's pathetic

[@jakubhusi258]

Thats two clips in a row he made some really heinous comment like that, like the guy with the wingsuit. He is trying to be cool, but he just comes off as a heartless ass.

[@maxdurk9611]

Its like kayfabe in wrestling. His demeanor is not real. Its schtick for show ratings.

[@teddym2808]

@@maxdurk9611 He's a POS, it's real.

[@BlueAmerican26]

@@teddym2808 lmao look at your butt hurt people.

[@frankieb8591]

Maybe wear a proper shirt

[@sunmoon7437]

Dragons den canada is depressing as eff man what happened?? Canada c'mon 😂😂😂. The worst pitches here are worse than shark tank and dragons den UK