Largest Dragons Den Investment UK (completed) - Prowaste - £200,000

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Prowaste Management Services

Prowaste Management Services

Күн бұрын

Пікірлер: 767
@OlaoluwaAlajiki
@OlaoluwaAlajiki 11 жыл бұрын
The delivery of the pitch was simply awesome. Superb job, great knowledge of the business and helping the environment. Well done.
@Antonio-dd3fe
@Antonio-dd3fe 8 жыл бұрын
9:05 "Thank you very much Peter, I appreciate you...... listening" Almost pulled a DJ Khaled there!
@Jay-jk3zy
@Jay-jk3zy 8 жыл бұрын
lmao nice spot
@rockie0708
@rockie0708 8 жыл бұрын
Dj khaled, please explain ?
@Antonio-dd3fe
@Antonio-dd3fe 8 жыл бұрын
Search "DJ Khaled, Hold You Down -- h3h3 reaction video" on youtube. Thank me later
@RAevenman
@RAevenman 8 жыл бұрын
Its 12 mins long... And still doesn't explain...
@Antonio-dd3fe
@Antonio-dd3fe 8 жыл бұрын
+Raeven Brough well if you look at the original video ''DJ Khaled - Hold You Down'' at 4:30ish there's the infamous cringeworthy monologue of DJ Khaked where he says to the girl ''I appreciate that'' which is also quoted as ''I appreciate you'' especially by H3H3. And that's what the guy in this video was about to say but he continued the sentence with ''listening'' after a pause. So he almost pulled off a DJ Khaled. Hope that explains the joke. +Jay gets it
@sports_grinder1026
@sports_grinder1026 5 жыл бұрын
Duncan - "it's a RUBBISH idea.." Peter - "I'm not going to WASTE your time" 😂😂
@ClintWestwood-nj4fg
@ClintWestwood-nj4fg 5 жыл бұрын
Shame Touker wasn't there to give him an office
@5950ziel
@5950ziel 4 жыл бұрын
I dont understand all the jokes about the office. Could you explain ?
@quantumpalmtree
@quantumpalmtree 4 жыл бұрын
@@5950ziel in different episodes he's offering his office space in London and it happened so often that even Peter actually thinks it's funny too
@Zaman730
@Zaman730 8 жыл бұрын
Excellent pitch
@MrEternalpk
@MrEternalpk 8 жыл бұрын
I work in the waste management industry and 200k is a small investment for companies like these. Waste is a big business and it always will be. There's not stopping it.
@yeetwchybaban
@yeetwchybaban 8 жыл бұрын
MrEternalpk *no🌚
@connorjamesaddis2801
@connorjamesaddis2801 11 жыл бұрын
Good work mate! You knew your business inside and out and the opposition! Good to see someone with actual business savvy for once on the show. Good Luck!
@SkipHireLondonPro
@SkipHireLondonPro 11 жыл бұрын
I think we agree with you... But its been a great platform for small businesses in the UK and has helped a fair few on their journey upwards.
@MrWindermere123
@MrWindermere123 3 жыл бұрын
In February 2021, it's interesting to see what happened after this early episode from 2008. Duncan Walker Bannatyne and Deborah Sonia Meaden invested as agreed, served as directors for three years and resigned in 2011. Colin Slade, the partner not shown in the programme, resigned in 2020, leaving Paul Tinton as sole director. The net worth of the Prowaste business in 2019 was about £210,000. Maybe the skip business is worth more but, after hiring many skips for building work, I know local companies can charge less because their trucks and drivers do shorter journeys from customer to depot.
@SkipHireLondonPro
@SkipHireLondonPro 11 жыл бұрын
Many Thanks Jon. We have since re purchased our entire share holding and the business has continued to grow. In the last 12 months we have gone into a really nice period of growth and launched a nationwide service for residential skip hire. Thanks for the kind words...
@LishmanJamie
@LishmanJamie 4 жыл бұрын
You made a point that you were different to all the other companies as each bin is for a different waste stream yet see that you now do actually hire skips to the construction industry, did your original business model not work? Seeing as you’re now the same as any skip company. Interesting to know how it went?
@007ggman
@007ggman 4 жыл бұрын
@@LishmanJamie also... isnt that the route that Pete Jones suggested and Duncan dismissed it ?
@shahedmc9656
@shahedmc9656 4 жыл бұрын
Congratulations on securing the investment and buying back the shares. Congratulations also on expanding the business.
@TheJohnCooperShow
@TheJohnCooperShow 3 жыл бұрын
Nice one! How has the plandemic effected your business?
@SkipHireLondonPro
@SkipHireLondonPro 3 жыл бұрын
@@TheJohnCooperShow thanks for asking. March 2020 we took a 60% hit to turnover. Predominantly from residential skip hire and small builders on residential projects stopping over night. The major construction then leapt into life and we were back to 100% by May. This year, especially over the last couple of months, we have achieved record breaking sales levels, so fingers crossed it continues throughout the rest of the year. Good luck to you and all in the new world that is forming in front of us.
@LC-ue6mp
@LC-ue6mp 5 жыл бұрын
This one is definitely worth watching and learning from daily.
@arbitar222
@arbitar222 11 жыл бұрын
i must say what a brilliant idea you have there mate :)
@danj8167
@danj8167 9 жыл бұрын
He got mugged lol
@roni2977
@roni2977 5 жыл бұрын
he's pretty much set for life! Very impressive pitch and confidence... good luck to them both! I wonder what they are up to now!
@kelmanl4
@kelmanl4 Жыл бұрын
They actually made very little
@luxushauseragency
@luxushauseragency 7 жыл бұрын
A very well presented pitch.
@chilli-iceolive-abode2447
@chilli-iceolive-abode2447 3 жыл бұрын
Holy shit is this the actual companies KZbin channel? That's amazing. As a binman I salute you!
@SkipHireLondonPro
@SkipHireLondonPro 3 жыл бұрын
Right back at you - without you guys the world wouldn't turn
@chilli-iceolive-abode2447
@chilli-iceolive-abode2447 3 жыл бұрын
@@SkipHireLondonPro Cheers! And congratulations. Great business. There's always rubbish and recycling that needs collecting. 👍
@EwOLNATION
@EwOLNATION 8 жыл бұрын
40% of the company for 200k? He got scamed so fucking hard.
@Wintershot
@Wintershot 8 жыл бұрын
They are such scum.
@timtrainage
@timtrainage 8 жыл бұрын
yep
@Abdul786Salam
@Abdul786Salam 8 жыл бұрын
They knew he was desperate
@Walruskinz
@Walruskinz 8 жыл бұрын
They're investors, it's their job and it's where their money comes from. There's more chance of them receiving a profit from the 100k each they put in if they take 20% each instead of 10%. They've got no idea whether the company will do well or not so they can't just give him a load of money and expect to get it all back😂
@Wintershot
@Wintershot 8 жыл бұрын
+Walrai That is a ridiculous statement. Firstly, they are not idiots and he had turnover financially to show what they were getting into. Secondly, investing in someone does not mean that you need to behave like an arrogant arsehole, not does it mean you should take total advantage of someone's situation to screw them for every penny.
@Sean.h
@Sean.h 8 жыл бұрын
Well this was a pro-WASTE of money, am I right?! HAHA... I have no girlfriend
@jordanb4313
@jordanb4313 8 жыл бұрын
😂😂
@jordanb4313
@jordanb4313 8 жыл бұрын
+Indrek wat?
@onlyweatherlol93
@onlyweatherlol93 8 жыл бұрын
Sad person
@Sean.h
@Sean.h 8 жыл бұрын
+onlyweatherlol93 mate, your name is "onlyweatherlol93" you are in no position to call someone sad anyway... lol93
@onlyweatherlol93
@onlyweatherlol93 8 жыл бұрын
That was a quick reply, seems as though you can't handle one little attack
@JiggaMan1297
@JiggaMan1297 8 жыл бұрын
40%???? thats nearly half your business!!! fuck that!!!!!
@doomfathertm8771
@doomfathertm8771 5 жыл бұрын
You're giving away 1% so I'll make you an offer.... I want 99% of the company
@LC-ue6mp
@LC-ue6mp 5 жыл бұрын
Paul is a VERY good and smart young man. I wish him and his team all the best.
@tarcal87
@tarcal87 7 жыл бұрын
8:50 _It's a _*_rubbish_*_ idea, I'm not gonna _*_waste_*_ your time_ :D
@BigRizza1
@BigRizza1 8 жыл бұрын
To be honest, he still has 60% of a company that could become absolutely colossal and potentially international if it really is one of the only companies to offer a complete package like that
@PaddyJunior
@PaddyJunior 7 жыл бұрын
niemand gelooft dat ik ben engels 30% as he was 50/50 with a mate before walking in, gives 40% away that leaves 60% between him and his mate, diluted a lot for 200k if u ask me, I doubt his mate would be too happy at losing 20% for 100k...........
@herbiehysteria
@herbiehysteria 5 жыл бұрын
he got his pants pulled down, over his shoes and was then dragged backwards around the studio whilst scraping his willy on the floor. wow.
@stebam8072
@stebam8072 4 жыл бұрын
Lmao what a thing to say
@vanamutt43
@vanamutt43 5 жыл бұрын
jenny wasnt even there, but she still declared "I'm out"
@jamesfisher6999
@jamesfisher6999 5 жыл бұрын
She missed out on the free water
@sloppynyuszi
@sloppynyuszi 5 жыл бұрын
She did find the guy investable and the business sound.
@newdrug934
@newdrug934 5 жыл бұрын
She wasent there because She was out
@TrulyUniqueOne
@TrulyUniqueOne 5 жыл бұрын
Lame
@JohnSmith-cy9tt
@JohnSmith-cy9tt 5 жыл бұрын
Deb ...totaly my lady in life......shes lovelly
@williamdegrey
@williamdegrey 8 жыл бұрын
Interesting.. In the city where I live in Sweden we have something like this but we have different coloured waste bags, throw all bags in same bin then a machine at the plant sort the separate the different coloured bags..
@johnbeechy
@johnbeechy 4 жыл бұрын
moving your shareholder loans into equity serves more than one purpose.. sure the loan is lost and never reimbursed Tax free.. but the value of the Paid Up Capital is increased to a MORE realistic value that will lessen a Taxable capital Gain when the shares are sold. to say Duncan. when u sell shares u must review the PUC to determine if there will be a Tax able Capital Gain (even during dragon's dens, the selling of shares May well carry capital gains' taxes to be paid to the UK govt before the cash on hand can be used to purchase what ever is required.. / note that shares can be then dividend each quarter out of the Retained Earnings (have to be positive and cant dividend to shareholders with out also paying corporate taxes first).. good ep.. //
@murt4701
@murt4701 8 жыл бұрын
These dragons just sit there and rip everyone off. Take it or leave it, money buys you power.
@ednamoleqwe8621
@ednamoleqwe8621 8 жыл бұрын
Penis buys you power
@boempangpow
@boempangpow 8 жыл бұрын
Indeed, and they only look like this is shit this won't be good, so I will give you 200£. But everyone is worried that they won't get an offer if they ask for a realistic price for their realistic stake...
@ednamoleqwe8621
@ednamoleqwe8621 8 жыл бұрын
they basically walk in there with there pants down and a dildo in there hand saying go on ram it in you want to fuxk me do it
@ednamoleqwe8621
@ednamoleqwe8621 8 жыл бұрын
I'm talking about dildos what you talking about
@murt4701
@murt4701 8 жыл бұрын
I own a small company that is quickly expanding, and we have reached 25 employee just this month. To give you a perspective, our 2016 revenue is projected to reach 11 million at the end of the year. So yea, I am definitely broke and i don't know anything. Sure, i ain't as rich as these dragons nor am i as "successful" as they are, but i would never let them rip me off, not like that.
@vikky6958
@vikky6958 4 жыл бұрын
I like how 7 years have passed, people still comment here
@edgovan1
@edgovan1 4 жыл бұрын
Keep your stupid comments in your pocket!
@blist3244
@blist3244 4 жыл бұрын
No they dont?
@chilli-iceolive-abode2447
@chilli-iceolive-abode2447 3 жыл бұрын
8 years have passed and I'm here for the first time now, shouting into the void that is the KZbin comments section with the rest of you reprobates!
@joesmoke9624
@joesmoke9624 3 жыл бұрын
Rubbish!
@geraldjosserand4321
@geraldjosserand4321 3 жыл бұрын
Jenny is still in a coma the last 7 years that's why she's out
@Roks559
@Roks559 8 жыл бұрын
40 %?! I don't know much about business, but that seems outrageous to me. He's got the idea, he has done the ground work and will continue to do so in the future. How is a one time investment worth 40 %? The risk alone can't be that expensive
@greenwood2920
@greenwood2920 9 жыл бұрын
This system HAS been running in germany for so many years
@_doxinho
@_doxinho 8 жыл бұрын
>2008 >not the bins themselves, construction waste
@z00h
@z00h 8 жыл бұрын
Chilled Schmetterling Not British but German and not cancer but Schwanz and not swear but lutscher.
@martindales3114
@martindales3114 7 жыл бұрын
200k was a great deal, today prowaste is a highly respected company in the trade and last i heard were expanding into other avenues, skips i think too.
@CovCitySkyBlue
@CovCitySkyBlue 11 жыл бұрын
They both left the Company 2 months after they sign up, levi roots is the only sucess story from this program.... And of course the bbc's bonus scheme
@Jasper-Holland
@Jasper-Holland 9 жыл бұрын
+Jack Smith link?
@rareperson8508
@rareperson8508 8 жыл бұрын
companycheck.co.uk/company/05897697/PROWASTE-MANAGEMENT-SERVICES-LIMITED/companies-house-data Both appointed 2008, left 2011. Not exactly 2 months.
@matski7690
@matski7690 8 жыл бұрын
Jack smith tells lies
@amanshafiq
@amanshafiq 8 жыл бұрын
great pitch terrible negotiation skills
@SkipHireLondonPro
@SkipHireLondonPro 5 жыл бұрын
A Shafiq my favourite comment. Spot on
@johnarmstrong5155
@johnarmstrong5155 4 жыл бұрын
Proskips UK aJimmy Shand Yyyyyyuuuuuuiiioolkjjjjjuuoŷ
@mrzoukdotcomzouklambadaboo8212
@mrzoukdotcomzouklambadaboo8212 4 жыл бұрын
I think he did well, the numbers spoke to the dragons as did the risk. I think securing 2 dragons for investment was a good decision even at the 40% rate. I'm glad he didn't try to bamboozle the dragons, he was honest and realistic.
@adz4681
@adz4681 3 жыл бұрын
You’re right but he made them a counter offer and they refused so he didn’t. Have much choice
@endaohagan3273
@endaohagan3273 8 жыл бұрын
One dragon : I think this is a "rubbish" idea....... Waste pun 😂😂
@Emma0990
@Emma0990 5 жыл бұрын
At about 9:00 Peter also says he doesn't want to "waste his time" I'd just *bin* the lot of them and *skip* on out of there with that *trash* talk 😅
@willmitchell255
@willmitchell255 5 жыл бұрын
5:31 sold - naughty Deborah ! That look !
@SkipHireLondonPro
@SkipHireLondonPro 5 жыл бұрын
Will Mitchell I saw and felt that “decision made moment” you have highlighted
@willmitchell255
@willmitchell255 5 жыл бұрын
@@TheTriformationT After me :)
@bennarn123
@bennarn123 8 жыл бұрын
I thought this was about dragons :(
@forest3064
@forest3064 8 жыл бұрын
u never heard of dragons den o.O ?
@fu1644
@fu1644 8 жыл бұрын
no it's drag queens
@forest3064
@forest3064 8 жыл бұрын
Riky Marru o.o what is that
@thomasoconnor9278
@thomasoconnor9278 8 жыл бұрын
+Dummy Dummy lmao
@badbadfull
@badbadfull 8 жыл бұрын
LMFAO AHAHAHAHAHAHA , Hey, I don't blame you 😐
@PhantomFilmAustralia
@PhantomFilmAustralia 4 жыл бұрын
He should have made the option of buying back a percentage of equity after return of investment over a fixed number of months. 7.5 percent from each would have been a fair negotiation.
@brianburnett5943
@brianburnett5943 5 жыл бұрын
Congrats on your business, hope things are going well for you.
@SkipHireLondonPro
@SkipHireLondonPro 5 жыл бұрын
Thank you Brian - Grateful for the support
@ikramlaksmana
@ikramlaksmana 5 жыл бұрын
Proskips UK How is it going then?
@colucky2005
@colucky2005 7 жыл бұрын
I am wacthingnthis video from my hometown jakarta cause there is no tv show like this here and I feel so greatfull 😀😀😀
@gabrielhii1995
@gabrielhii1995 7 жыл бұрын
$200,000 for 40% is a bargain. Mind that this money is not charity money to help grow business, its a liability that the owner must ensure to grow its wealth, so that defines the term investment. At beginning the owner invests $70,000+ for 50% equity so judging by turnover value $100,000 for 20% is a safe bet. Plus the purposal to grow the company is not such big scale that demands huge cash. I am not expert in finance but i assume $100,000 they expect turnover for 6 to 8 years, at least share profit of $1,500 per month.
@reaxor
@reaxor 8 жыл бұрын
basicly they are investing in the swedish model. and this guy is getting in on the action by presenting the idea. Sweden is even getting paid to handle the day to day garbage of western europe. other countries pays sweden to ship garbage over to sweden because other countries only have the other option of landfills, and as he says, high taxes. but sweden is recycling basicly 95% of the garbage we are paid to take care of. and we recycle what is possible to recycle through a sorter, and the rest is burned in a specific process that is enviormentally safe, turning it into energy. this is a win win for swedes. the rest of the world needs to join in. in my town of Örebro, our old landfill actually contains about 600 million worth of precious metal... there is sick money in investing in the care of garbage and recycle.
@frederikbechmannfaarup7513
@frederikbechmannfaarup7513 8 жыл бұрын
How's the business doing now? Genuinely interested
@beastmodejones9362
@beastmodejones9362 8 жыл бұрын
Went under unfortunately. Poor management. Sad because he seemed to be a decent guy. From what I understand cheating on his wife caused a lot of his problems.
@userarial9609
@userarial9609 8 жыл бұрын
+Dan S where did you find that out?
@boringmanager9559
@boringmanager9559 8 жыл бұрын
companycheck.co.uk/company/05897697/PROWASTE-MANAGEMENT-SERVICES-LIMITED/summary
@davexb6595
@davexb6595 8 жыл бұрын
In fact it appears that the 2 Dragons resigned as directors in 2011 and since then the company has taken off and is doing extremely well under the two original directors. companycheck.co.uk/company/05897697/PROWASTE-MANAGEMENT-SERVICES-LIMITED/companies-house-data So it seems that the real story is actually more interesting than your made up one.
@boringmanager9559
@boringmanager9559 8 жыл бұрын
Dave XB you've made my day))
@keithesaf08
@keithesaf08 11 жыл бұрын
Great Reply.
@kevinbeckenham3872
@kevinbeckenham3872 5 жыл бұрын
I really hope this business partnership does well, now and in future. These dragon's do drive very hard bargain; they want a lot of equity.Its like interest rate on higher purchase & the dragon run it like a higher purchase agreement, which you don't want when you are trying get on second run of ladder in your business, you need as much help has possible.
@SkipHireLondonPro
@SkipHireLondonPro 11 жыл бұрын
Its going very well thank you for asking. The company has grown year on year. Even through a hard recession period in the UK when Construction projects were on and off like a light switch. When we were on the show the turnover was £350,000 we are now up to £2 million so headed in the right direction. We have picked up some great customers and have recently launched a nationwide skip hire service called proskips.co.uk. Thanks for asking.....
@TylerL2023
@TylerL2023 11 жыл бұрын
Good call Paul, trading more equity than originally offered, for the valuable experience and connections of Duncan and Deborah, maybe try and negotiate a lower equity percentage if revenue targets are met in the coming years. Good effort and well done for being a young and successful entrepreneur!
@Seneric
@Seneric 8 жыл бұрын
I would not have accepted that offer. Better go find another investor somewhere else for less equity. The idea is solid enough.
@mrzoukdotcomzouklambadaboo8212
@mrzoukdotcomzouklambadaboo8212 4 жыл бұрын
Are you crazy? His finances showed he was in the red at least from an equity position. Only traded 3 months... And he was about to go and spend more money... He got a good deal and so did they.
@danielcharles-b5f
@danielcharles-b5f 4 жыл бұрын
Nice style of bloke .... glad he got the deal
@Obsidian1392
@Obsidian1392 8 жыл бұрын
Would be nice if the dragons altered the formula and didn't always ask for double the equity for the investment money...
@indraneilbiswas
@indraneilbiswas 3 жыл бұрын
he is the MD of the company Prowaste Management Services today in 2021.
@SkipHireLondonPro
@SkipHireLondonPro 11 жыл бұрын
Thanks Connor...
@illuminatiCorgi
@illuminatiCorgi 8 жыл бұрын
Construction waste management? What's to manage that isn't already being taken care of? I work in construction and since i started 10 years ago, waste is segregated into separate waste skips/bins, and is then taken away to be recycled. Soooo?
@BobElHat
@BobElHat 8 жыл бұрын
It's an old episode, first shown 8 years ago and they started the company in 2006. Sounds like you might not have been around to see the problem this company (and others) solved, because they'd already solved it.
@illuminatiCorgi
@illuminatiCorgi 8 жыл бұрын
I have been in construction since June, 2005. Rest assured, it has been the same system in place in the past 11 years, and during this time it has been the same old companies. Also, we primarily use skips, not wheelie bins as the gentleman suggests using.
@illuminatiCorgi
@illuminatiCorgi 8 жыл бұрын
I suppose it was my 11th year doing this, last week. My god.
@eastsider4326
@eastsider4326 8 жыл бұрын
Fucken !! Clever..mate awesome pitch very sharp..
@rosserman2501
@rosserman2501 5 жыл бұрын
Got mugged..He lost it when they told him to go to the back of the room.
@JEdirect
@JEdirect 5 жыл бұрын
There was still an opportunity for further negotiating.
@SkipHireLondonPro
@SkipHireLondonPro 5 жыл бұрын
JEdirect your definitely right and we spent 12 months with lawyers fine tuning before agreement. The pressure and temperature in the studio got the better of us!
@JahhaOellah
@JahhaOellah 4 жыл бұрын
Who's still watching in 2020? ☝️
@hossywoof
@hossywoof 4 жыл бұрын
Sadly I'm watching in 2021. Man, I'm a real saddo!
@abc-ni9uw
@abc-ni9uw 4 жыл бұрын
2 months later paul ended up in a landfill himself
@karmajarrule
@karmajarrule 4 жыл бұрын
Whoa those zooms in the intro are extreme
@Mathewmartialart
@Mathewmartialart 5 жыл бұрын
both debroah and duncan resigned from this company in 2011, not surprising as the company wasnt making money at the time, and still isnt to this day apart from 2014/15/16 where it was betwene 600-900kthen took a tumble (all numbers are assesstsand not profits). paul also has a company called WALTER WEIR LTD which has been on the level of being strick off a few times
@killler240
@killler240 5 жыл бұрын
You really can't tell much from the accumulation profits. Perhaps they decided to pay themselves large wages, so the vulture dragons at the time weren't getting much, and decided to keep that level of wage
@Mathewmartialart
@Mathewmartialart 5 жыл бұрын
@@killler240 if they decided to pay themselvs any mount that wasnt not agreed that would have been a voilation of their contract .
@killler240
@killler240 5 жыл бұрын
@@Mathewmartialart have you seen their contact?
@Mathewmartialart
@Mathewmartialart 5 жыл бұрын
@@killler240 you mean contract, no and neither have you.
@killler240
@killler240 5 жыл бұрын
@@Mathewmartialart they have more than 50% shares. Even if their salary can't be changed, nothing stops them getting bonuses which would be voted on, which only needs 51%. Until they edited the articles of association from the standard one...
@dd9516
@dd9516 8 жыл бұрын
It seems many of those offering comments have little idea about percentages. 100% of a small number is still a small number, 60% of a very large number is still a very large number.
@opeoluwaawoniyi8629
@opeoluwaawoniyi8629 5 жыл бұрын
He seems a humble guy. He'll go places
@thee_werner_alexander7314
@thee_werner_alexander7314 5 жыл бұрын
Watching this video in 2019 you can see how much the dragons have aged over the years
@helbentable
@helbentable 4 жыл бұрын
Obviously 🙄
@markazmodeus4945
@markazmodeus4945 5 жыл бұрын
what a wonderful idea, reducing waste is extremely important so I'm glad that the large amount of money was spent on this business(even though equity was quite steep).
@vantheman1238
@vantheman1238 5 жыл бұрын
Duncan will take the waste away in his fleet of ice cream vans
@swizzleproxi4810
@swizzleproxi4810 5 жыл бұрын
The dragons asked for too much, they know the guys in a desperate situation, they use that fact to squeeze as much money as they can from it.
@vader745
@vader745 3 жыл бұрын
its about the value brought by experienced dragons & 40% is warranted especially with this company being in early phases in a very competitive market ya douche
@DocRealTalk
@DocRealTalk 5 жыл бұрын
It's funny how transparent these people are when they're ripping off the inventor. I mean it doesn't take an expert to read their body language and expressions lol
@LadyHeathen82
@LadyHeathen82 5 жыл бұрын
That's what loan sharks do
@DocRealTalk
@DocRealTalk 3 жыл бұрын
@@mohammedyakub3760 It's only fair if you think a valuation of a business should only be based on current profits. Not to mention, many startup business' don't even make a profit in their first year.
@chipbuttytime3396
@chipbuttytime3396 10 жыл бұрын
Can you install a bog in one so I can live in it?
@SkipHireLondonPro
@SkipHireLondonPro 11 жыл бұрын
Joseph, I am not sure if stupid is the right word? The benefits of being on the show and completing an investment are multiple. As a small business we needed to improve our visibility in the market, we also needed to raise money as the banks just weren't lending and yes we needed to grow. We were happy to give away a large percentage because business is about more than equity.Pay you and your staff a handsome wage,equivalent to your peers and then share what dividends are left with investors.
@098765432119944
@098765432119944 8 жыл бұрын
the dragons have been tamed
@Chef2866
@Chef2866 8 жыл бұрын
Seems to me the lad got his pants pulled down @ 40% going on what he had turned over in a short space of time. I'd of walked away and looked at other investment options.
@craigconnell8234
@craigconnell8234 5 жыл бұрын
He was a smart guy but needed dragons on board...cannot see this being a 10 million pound business though and he only got 30% of the company too...
@roberthutchins4297
@roberthutchins4297 3 жыл бұрын
Paul is really good!
@spellward
@spellward 5 жыл бұрын
Waste management is easy; you pick it up as you go along.
@rtsharlotte
@rtsharlotte 5 жыл бұрын
When the average person must pay council tax and the government is forced to reduce landfill I just can't see this working
@tysswe1
@tysswe1 7 жыл бұрын
What people need to understand is that they invest alot of money in his company, and they will help it to grow overtime if its successful and he will end up making more money because of it. Yeas it may seem shitty, but they risk alot of money partnering up with him, so they do have a right to shares. And now some of the load is also of his shoulders, because they will help him.
@solidseb1960
@solidseb1960 8 жыл бұрын
We already have those in Sweden...
@deviantartdaylover1313
@deviantartdaylover1313 5 жыл бұрын
Why we dont have this yet? Omg we need this at normal homes to
@MONK-7
@MONK-7 5 жыл бұрын
The problem is. Most people of the home domestic kind, don't care about what which bin takes. Some will stuff down the bottom of the bin, what's not intended and cover with what should be there, so disgusting the fact. They don't really give a f##k!
@seinfeld11123
@seinfeld11123 8 жыл бұрын
40% is disgusting its highway robbery
@TheScaper28
@TheScaper28 8 жыл бұрын
net earnings isnt the only thing to value a company, look at any starting company (snapchat/ twitter/ amazon)
@mrwisem4n
@mrwisem4n 11 жыл бұрын
@10:55 What did he mean when he said, we'd be prepared to go for 33% if you would still accept it for 16.5%? Does anyone have a clue?
@mrwisem4n
@mrwisem4n 11 жыл бұрын
Fukin twat, what does that mean though?
@impero101
@impero101 11 жыл бұрын
mrwisem4n Their first (and final) offer was to each invest £100k for owning 20% of the company each (adding up to a £200k investment and 40% ownership). His counter-proposal was that for the £200k investment they'd get 33% of the company, which is the same as 16,5% each for investing £100k. They didn't go for that though.
@mrwisem4n
@mrwisem4n 11 жыл бұрын
impero101 Cheers fella
@impero101
@impero101 11 жыл бұрын
Np mate. Hope it helped.
@oldfart4751
@oldfart4751 10 жыл бұрын
16.5% for each dragon makes 33% rather than 20% each, which is 40% of the company.
@Zhoshyn
@Zhoshyn 8 жыл бұрын
As a Nature friendly company, couldn't he have gone to the administration to ask for help!?? Or to the bank ... but that another strategy which is more complicated ... They could have asked my advice ...
@algorithm1313
@algorithm1313 4 жыл бұрын
Where is tooker ?? His office is required here
@harrysteen9625
@harrysteen9625 5 жыл бұрын
do they do a catch up on these things to see how the business turned out?
@rickdallas2
@rickdallas2 8 жыл бұрын
The fuck just happened they he gave away half of his company? o.O Well played dragons...
@siy8230
@siy8230 8 жыл бұрын
Rick Dallas needed em to expand I guess
@TlCurrie21
@TlCurrie21 7 жыл бұрын
Sadly the company didn't grow and they (the dragons) left in 2011, the company was given back to the guy and his mate at 50% each and has grown big time and is worth millions.. The Dragons actually fucked up and now this man is set for life
@superchickensoup
@superchickensoup 4 жыл бұрын
40% is not half
@WELLBRAN
@WELLBRAN 7 жыл бұрын
its always like this on this programme they want a large stake in the company
@mrzoukdotcomzouklambadaboo8212
@mrzoukdotcomzouklambadaboo8212 4 жыл бұрын
They want a large stake as a result of the risk involved. They're not asking for a high stake on something low risk....
@Chebab-Chebab
@Chebab-Chebab 8 жыл бұрын
Hiccup could train these guys.
@davidsell243
@davidsell243 5 жыл бұрын
Very very good idea
@DMG118
@DMG118 5 жыл бұрын
I can almost hear in the background: "Hello, it's Jenny here, I'm not actually on the show for another few seasons, but I just wanted to say, I'm out".
@sbomorse
@sbomorse 5 жыл бұрын
Brilliant.
@BenjaminGoose
@BenjaminGoose 4 жыл бұрын
Seasons? Are you American?
@paulthrutner9114
@paulthrutner9114 4 жыл бұрын
Barbara from shark tank also claims she’s out
@GiggsIsLegend
@GiggsIsLegend 8 жыл бұрын
And also, is Paul giving away 40% of the entire company? Is he left with only 10%? (assuming he cant give away Colin's part)
@MrRazzeldazzel88
@MrRazzeldazzel88 8 жыл бұрын
both of their shares shrink equitably
@Abdul786Salam
@Abdul786Salam 8 жыл бұрын
What the guy above me said lolz yea 30 he will own
@Abdul786Salam
@Abdul786Salam 8 жыл бұрын
+Andrew Summers unless his partner says he didn't agree to this deal hahah
@sherlocklucas8294
@sherlocklucas8294 8 жыл бұрын
He wouldn't be able to make a deal with investers like this if the Co owner didn't agree with it.
@williammiller496
@williammiller496 8 жыл бұрын
GiggsIsLegend you act like he did this without his partners knowledge. he clearly called and talked it threw.
@cadnewham
@cadnewham 8 жыл бұрын
What a fucked up system we live under. Half of your idea for some money I have
@NBK3524
@NBK3524 4 жыл бұрын
How many bins would you need on a building site
@jupiterthesun3217
@jupiterthesun3217 7 жыл бұрын
I initially thought someone at last was inventive enough to find a solution to the seemingly eternal strippy socks of Peter Jones by bringing enough disposal bins to dispose off them all :)
@ayeboi3119
@ayeboi3119 8 жыл бұрын
Pretty solid pitch
@Samara.Weaving
@Samara.Weaving 9 жыл бұрын
£250k was a bigger investment (zapper.co.uk) Misleading title.
@SkipHireLondonPro
@SkipHireLondonPro 9 жыл бұрын
Samara Weaving It never completed. so all though zapper accepted the investment proposal the deal did not come off
@hinasakukimi
@hinasakukimi 9 жыл бұрын
Samara Weaving nah m8 you just... failed
@hinasakukimi
@hinasakukimi 9 жыл бұрын
Samara Weaving yeah you seem to be good at doing that to people
@hinasakukimi
@hinasakukimi 9 жыл бұрын
Samara Weaving yeah i get confused when i talk to idiots
@hinasakukimi
@hinasakukimi 9 жыл бұрын
Samara Weaving that literally makes no sense though what you just said implies that i was confused by my own comment which i left no indication of. you can't even grasp anything close to an understanding of what other people are saying it's just strange how stupid you are
@_incogni_
@_incogni_ 11 жыл бұрын
do people realize this was years ago?
@frage-zeichen
@frage-zeichen 8 жыл бұрын
LOL, that's not much :D In the new German version, they already invested 750.000€.
@cadnewham
@cadnewham 8 жыл бұрын
Alright big time
@CUNDUNDO
@CUNDUNDO 5 жыл бұрын
The programme should be called Leeches Den !
@yon1623
@yon1623 8 жыл бұрын
Y'all should watch American shark tank. It blows this out of the water
@MrMakeItHappen9
@MrMakeItHappen9 8 жыл бұрын
Get of the vid you facking yank
@TheOnePath570
@TheOnePath570 8 жыл бұрын
loooool these replies make me lol
@alexjones1017
@alexjones1017 8 жыл бұрын
+hsswutee British accents are too annoying though
@GymmyRhys
@GymmyRhys 8 жыл бұрын
lol! oh god no... ive watched that before... its the typical american telly rubbish... i dont know why but american telly is always over-dramatized and its cringey, their accents are really annoying too
@GymmyRhys
@GymmyRhys 8 жыл бұрын
ugh... wot? we dont have accents, we sound normal
@carolmorris404
@carolmorris404 5 жыл бұрын
Why just construction company waste disposal bins. Even South Africa has these bins in most of our residential areas. No, the municipalities don't own them. They are privately owned and even little kids make use of them.
@ElanaVital83
@ElanaVital83 8 жыл бұрын
That kid's going to be the next Hizinga.
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