Top 3 Most Ingenious Products | Vol. 1 | Dragons' Den

Everyone loves an ingenious product...
00:00 Magic Whiteboard
11:05 Umbrolly
25:47 Eggxactly
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 #Compilation #IngeniousProducts #BusinessPitch

[@08aoc]

The magic whiteboard is being using to cover bathroom windows in Japan James: This is beginning to sound quite interesting 🤣

[@ry6222]

Year one, we made 20p, year two, we made 3 pound, year three, we’re gna make 7 billion.

[@shelleymagnussen1959]

So many people over-project valuations and are too stingy with the equity percentage when in the longrun, they'd gain back more than they gave away. These people will back their investments to protect their reputations. In so many post-den and tank interviews, it's, 'We sold more equity than we wanted, but we've made millions!" I think a lot of people are looking for a cheap bailout. I've seen peopel with debt they are reluctant to disclose. Sad.

[@00chepito7]

You could see Peter regretting backing out of the white board 🤣

[@AgustaF-wx2sj]

No. He had a similar idea in development.

[@carinedemolin7832]

Wanna bet he's used it since 😅

[@shaunbeauchamp6537]

He said in a later episode he regretted his decision and didn’t want to make that mistake again.

[@TheodoreBrosevelt]

I've seen the magic whiteboard over here in America, it feels like Peter is very close minded sometimes (at least in older episodes)

[@shivinunitholi2493]

Wrong, Peter was way more interested in having his 4 minute egg

[@iirkmaii9559]

Respect Peter for telling him that the 2 percent was not nice and that he was stitching them both

[@WordsPictures997]

Giving the 2 percent back, that's impressive. Really appreciate how they are able to respectfully disagree and call each other out.

[@andipandi5641]

if i was Duncan - i would have obstinately stuck to my guns.. said a deal is a deal - but to let Peter feel that all is fair - gone down to 20% and chosen a charity that 2% of the outgoing dividends would be donated to..

[@jaxm3584]

Almost none of the people on the show see a penny from these so called deals. It's all acting mostly

[@BigWes95]

@@andipandi5641 what you'd rather have an extra 2% of a startup business than the trust of 4 other investors who you would likely be partnering up with at some point on other investments? Sounds like a great plan

[@MsNoPixel]

@@BigWes95 just because the dragon’s partner with you in one business does not make them “most likely” to work with you nor invest in other opportunities, you need to stop being so naïve, it would be a very rare thing for them to invest twice in the same person because 1) that person means essentially nothing to them & 2) if they invested in you once it either went great, you made good money & therefore can use that to push your next project along, dragons don’t invest just to invest, they invest when they feel they can add to it so if they helped teach you & helped you make money in your first business they may feel they won’t have much to add the second time around OR they invested, it went poorly & then obviously they aren’t gonna trust you with their money a second time. Regardless it takes a VERY special person under VERY special circumstances for a dragon to invest in someone twice, there’s been quite a few entrepreneurs who’ve gone on the show that had a dragon or dragons invest in them originally with another business, but the second time around in the den with a different business they got 0 offers & some of the dragons have even said “just because I’ve invested in you once doesn’t mean I’ll do it twice”. Saying they’re “most likely” to partner on further opportunities because they worked on one thing together is beyond silly, naïve & pretty ignorant low IQ thinking in all honesty.

[@MsNoPixel]

@@jaxm3584 that’s not true at all, it’s shocking how ignorant your thinking is. Peter has made a lot of money from more than a few successful dragons den businesses, they’re literally publicly listed with a good bit of background information on his website & there’s many websites to check companies income/profit so if you use that brain of yours to do something useful & do simple math based on the invest number, equity number & how much the company made you can literally see how much the dragons have made off their investments. You should educate yourself before opening your mouth.

[@randomchannel5686]

Peter is totally right about what he said, glad he put Duncan in his place

[@Alex-nk6sy]

Peter has shafted loads of entrepreneurs. He's just angry Duncan paid less.

[@ChaosMongrel]

@@Alex-nk6sy You're right. And if anything, Duncan is often the one calling out other Dragon's BS.

[@homamfayiz7091]

I wouldnt say he “put duncan in his place” its just Duncan has a big heart he directly realised his mistake and agreed to give the equity percentage back I love Duncan

[@hardywatkins7737]

Peter was right to protest, and Duncan was right to relent.

[@SpindleMedia]

Peter Jones Is the best dragon

[@TheManInBlueFlames]

Magic whiteboard ended up being one of the most successful den products such that other similar products were compared to them in the future.

[@bluceree7312]

The other two, flopped.

[@zydhas2838]

@@bluceree7312 honestly, an umbrella vending machine seems like a good idea, I do wonder why it never seemed to become a thing. Honestly at this point I'm starting to wonder why all the different vending machines you had on the tube went away.

[@H.hipster]

@@zydhas2838 we have a lot of them in Brazil. Honestly, umbrella machines in rainy parts of the country is absolutely genius

[@hellegennes]

Is it surprising? I can think of a million uses for that thing and Peter plainly said he is out immediately? He has 0 imagination.

[@elliotwatson3964]

I looked it up, maybe I am looking at the wrong figures, but it says its worth £444,000. Thats nowhere near Levi Roots

[@Barboron]

Those whiteboard rolls would be perfect for construction where construction site based office are modular offices which just kind of just pop-up relatively quickly and would still rely on whiteboards regardless of how technology has developed to date. Company could buy a bunch of these a just deploy them to building sites.

[@jayruane3898]

Exactly what I thought

[@kieranokeeffe1363]

I just Really like that couple behind magic whiteboard , seem good honest people

[@Baggiolyful]

“Peter jones wants a 4 minute egg” cracks me up 👀

[@MsNoPixel]

*Regarding the Magic Whiteboard…* This is one of the few times I think there’s zero truth in what Peter says… this invention isn’t dumb at all, it’s brilliant! So many kinds of people could use this & it would be a lot cheaper than a giant white board yet you could use multiple sheets to turn your wall into a giant white board. People I can see using this range from door to door salesmen, teachers, mechanics, trainers, sports coaches, etc etc. I could literally list for ages who this product works for, literally any job where a whiteboard (or chalkboard) would be useful & then some. Not everyone has funds for a good size white board, especially not the giant ones on wheels that you can’t move around, this invention essentially makes mobile giant whiteboards accessible to everyone!

[@PetersonZF]

I've seen them used loads of times, in recent years.

[@sc_gosia]

I want it myself! : P

[@woodworkingaspirations1720]

It is a great product

[@roblouw3038]

@@woodworkingaspirations1720 yes it is - simplicity is ALWAYS genius - Peter looked rather glum after his hasty "I'm Out"....

[@paulgrey8028]

It would also be great for children.

[@xburningphoenixfirex7606]

Peter has definitely mellowed since these early seasons hasn’t he 😅

[@marchumphreys3865]

Peter is an honest person who is not afraid to speak his mind .

[@sharonlewis3979]

Definitely has been more a business man than an investor.

[@jonathanliddane4144]

Peter lost everything not so long earlier. He managed to make it again and I think he became super focused and blunt to make sure that never happened again. Dunno if I like the guy or not but I think I understand his way.

[@perbrink3]

I was thinking the same

[@dtz1000]

Peter must have been kicking himself after saying he was out. It is a great invention that has made a lot of money.

[@jonnycollison]

I could sit and listen to the last chap talking for hours on end, what a nice guy he was. I think that's an example of when someone's personality becomes a big asset in the company, not just their product. Hope he is well.

[@user-qo2tj5nr8m]

Yep, he will be a great asset of charming vulnerable people into spending money they dont have through exploitation.

[@omarkassas2760]

Regarding The Magic Whiteboard The company is very successful and they bought back theo and deborah share at 100K in 2014 for 800K!

[@Shaunsfavourites]

I considered buying some but it appeared to bubble on the wall. So decided against.

[@Rashers-]

Brilliantly 👏

[@fwm146]

First product would be a hit with A-level GCSE serious students. I remember sticking these around my room even for final university exams

[@MultiAppleworm]

Inventor, "so what would you do for 35% of the company?". Peter "I'd do absolutely nothing for you." Never a truer word said...

[@prizma45]

the magic whiteboard was ingenious, was so baffling how the dragons didn't see its utility without all the orders mentioned

[@skeletontoes7692]

I'd buy it

[@aussiesam01]

Ever seen a Miro board?

[@TheodoreBrosevelt]

That's how it goes, there's a lot of good ideas that don't make money and then you have dumb smart ideas like the eye lashes you can put on your car that sells really well.

[@user-qo2tj5nr8m]

​@@TheodoreBroseveltany business savvy individual soon realises selling crap to women is extremely lucrative

[@thedivachannel3790]

I think some rich people move in different circles that they don't know what the general masses need. I'm sure that white board paper will really sell big here in the Philippines.

[@iranicus3393]

Lol Duncan pulled one over on Peter with that 2%

[@onlyme219]

Yeah and retracted it in the end

[@incidentlyaniguana2193]

To be fair, Peter said "I'll bring my offer down to 20%, and if you get another dragon at 20%, I'd be willing to do that." He could have pulled out when Duncan stayed at 22% but probably didn't want to jeopardize the guy's deal, since Duncan and the pitcher ignored that clause.

[@lelsqueks]

neil and laura’s lack of negotiation really showed that they wouldn’t have survived without dragons coming on

[@Lincolntowncoupe]

An umbrella vending machine. What a wonderfully British idea.

[@cbrad-eo6nt]

Peter's lack of understanding if the whiteboard concept is profoundly confusing to me. It's exactly what it says on the tin, dude.

[@GaddaDasder]

I like how Peter told off Duncan he said exactly what I was thinking that was proper evil the guy was sweating and everything all for 2%

[@Staggercfc]

"Peter Jones wants a 4-minute egg" He doesn't want a $50m yacht, or a $100m jet. He wants a 4-minute egg!

[@sailormoon2548]

Eggs are healthy, boats and jets are headache's

[@TheNinja691]

And I want Pamela Anderson to sit on my 👨 but that just ain’t possible 🤣

[@BenjaminGoose]

Headache is what?@@sailormoon2548

[@motleyassortment5512]

Magic Whiteboard is a great invention. I am constantly jot down ideas while on the go. Sometimes carrying a notebook or having to carry a paper is an inconvenience, it saves you lots of money from having to buy more paper.

[@johnmchugh4655]

Serves Peter right for being so dismissive and childish on the first pitch, was no need for that behaviour

[@kimchi_b]

To be fair he was going through adolescence at the time...

[@miracles4u]

I like Peters outrage with Duncan. Good banter!

[@masterblast4069]

The triple egg disaster is always a good watch.

[@jasmineheys1050]

You could say its an eggsellent watch😉😂

[@catatonicable]

@@jasmineheys1050 Eggsactly...

[@karthikhegde9752]

It was an eggstroridinary watch 🍳

[@JIKitty]

It's awesome on so many levels!

[@adamsapple5544]

Eggsactly

[@Robinripley]

Love how duncan was like, "okay, respect. I went too far. My bad."

[@petertom4423]

They use tons of these sheets on steel and stainless steel sheets, so that there is less reflection for laser cutting processing

[@hanes2]

yep

[@cornellkirk8946]

That’s completely untrue, stainless comes with that on from manufacture it’s not held on by static charge either. It’s there to protect the surface from being scratched even on 1B and 2B finished sheets. It also stops it marking when you bend it on a press brake. The protective coating is much thicker than ‘magic whiteboard’

[@Leah.Something]

I'm sure Peter totally didn't regret making such a big production out of declaring himself out with that whiteboard...

[@HJDtemp]

I seen the magic whiteboard before, its great with the multi purpose aspect. I can't believe Peter with his spur of the moment emotional decision and screwed himself.

[@andraspongracz5996]

16:42 How does 150K on 20% imply valuing the company at 600K? Shouldn't it be 750K? The odd thing is that both agreed that it is 600K and nobody corrected them.

[@nishd7161]

It's the pre investment value which is more correct. Post investment the company will have the extra 150k in the bank so will be worth 600k +150k=750k

[@pb7491]

For the umbrella man, I've never seen anyone go from almost no sweat to being drenched within seconds - see approx 21:00 to 21:15. Hilarious!

[@Bleach420]

Probably hot stage lights for dramatic effect

[@cjjk9142]

It lasts over an hour according to the dragon so that jump could be 5 mins plus

[@bxn1607]

Can we all agree Deborah has never boiled an egg

[@jamesstead2256]

Deborah has never boiled Water

[@kimchi_b]

She could boil anything with liquid in it just by staring for a few seconds...

[@ibabechanel]

"Eggxactly" was hilarious ! 🤣😂

[@kevinbetsy-w9424]

23:56 peter totally chill

[@davidhorn6008]

I've just played a fraction further Duncan You WILL be EXCELLENT to work with.

[@khandadonb111]

17:18 Simon woodroffe was the original Jenny Campbell

[@meganlawson9080]

Not this brand but I bought an egg cooker a few months back that works differently and plays a little song when it's done. I actually love it, much less hassle than boiling an egg the traditional way!

[@kimchi_b]

Which song?

[@DK_Son]

@@kimchi_b Humpty Dumpty

[@kimchi_b]

​@@DK_Son I wanted The Grand Old Duke of Yolk :( 😅

[@NapoleonBonaparteMAGA]

Wow he gave him the 2 percent back 😳 gentlemen.

[@andipandi5641]

if i was Duncan - i would have obstinately stuck to my guns.. said a deal is a deal - but to let Peter feel that all is fair - gone down to 20% and chosen a charity that 2% of the outgoing dividends would be donated to..

[@orangewarm1]

when you are in a position of power NEGOTIATE. 40% of a business is huge!

[@giselletdc1871]

I bought one magic board before, its brilliant!

[@cornellkirk8946]

Why did you only buy one though?

[@mdiagana3164]

Thanks Peter John for encouraging your partner Thanks donk ba accept Peter advice 👍

[@scottlewis3220]

Peter was right to be fair and Duncan knows it .trying to be clever haha Peter made him look silly at the end

[@badgasaurus4211]

No Duncan made a mug out of Peter and he got stroppy in response.

[@kimchi_b]

He failed to renegotiate before the offer was accepted...he looked like a beginner.

[@SiriusMined]

The Dragons did not invest in Umbrolly, Charles ultimate made millions.

[@ThePrimeMinisterOfTheBlock]

Good. Glad to hear he made money, and that "I'm oooot" Duncan did not

[@samsschool3639]

​@@ThePrimeMinisterOfTheBlockoim ewt

[@kylemc0254]

U could put advertising on the umbrellas?

[@martynapk7691]

The guy with egg is one of my favourite 🤣

[@samsschool3639]

Companies I worked for used magic whiteboard all the time

[@JoshF848]

The egg cooker deal fell through and the product was never released. Interestingly the founder continues to renew the website but still no sign of a working product

[@Jack_Gretchen]

I have already commented on this, but I am sure I have seen a product like this at Aldi called an egg cooker.

[@user-xw4fb9py9t]

Then what did those dragons do with it? Did they stepped back.

[@JoshF848]

@@user-xw4fb9py9t they didn’t invest. The deal collapsed after the show

[@HK_Musician]

He's still trying to get the egg to cook

[@AlanTuringWannabe]

If the egg thing worked I could see it selling well and also be licensed into other products like a toaster that can also cook an egg.

[@fearlessjoebanzai]

Halogen ovens cook eggs perfectly, without water, for the same result every time.

[@georgebarnes8163]

I bought my first direct egg cooker 10 years ago, there are dozens of them about already.

[@billsmith8825]

@@fearlessjoebanzai so does an air fryer. I can do a dozen at a time. No water, no boiling, no mess.

[@fearlessjoebanzai]

@@billsmith8825, got any tips/instructions for a runny yoke?

[@billsmith8825]

@@fearlessjoebanzai if you want a soft boiled egg, with a runny yolk, cook it less time. Somewhere around 8 to 11 minutes depending on how soft you want it. Cool it off in tap water for just a few minutes before cracking. If you want a poached egg in the air fryer all you have to do is crack the egg into a ramekin, you can do several at a time in their own individual ramekin, with a couple of teaspoons of water on top. Air fryers are awesome.

[@albertmensah8071]

I have seen people use the magic whiteboard even in Ghana; West Africa

[@1ma4ighter]

Bruh Duncan is cutthroat in his negotiations

[@AH-te5gs]

The Eggxactly guy was right though, it can be a bit of a hassle to prepare an egg.

[@michaelxz1305]

Not really..you can put the egg in cold water and turn on the stove. You don't need to wait for the water to boil

[@billsmith8825]

I can cook an entire dozen boiled eggs in my air fryer, or less if needed, in 15 minutes, with zero water, zero timer, zero mess.

[@antoniocarlosduarte6378]

It is a shame to see a rich man humiliating someone with his money. Greedy is what we are seeing here. Jumping on someone else idea and stealing it with greed. Shame

[@shivinunitholi2493]

By the time this man's egg machine works, Id have boiled a dozen eggs and had em already.

[@mrx702]

Dirty Duncan, that was a really low move by him, Peter was really upset.

[@cornellkirk8946]

So what?? Business is business! If that 2% ended up being £1,000,000 wouldn’t you do the same? That could buy your kids a house outright and look after your elderly parents! Money talks

[@westy3783]

Products like the egg cooker now can never be seriously profitable in this amazon era. China have already made 10 versions including a hello kitty range before you’ve even had the idea.

[@meganknipe4393]

I like the way Peter gave it to Duncan straight

[@shishuahmed6844]

Respect Peter

[@khaderabdi5574]

I am coming soon this show and i can wait 🤷‍♂️🙈

[@natalyxenophontos1324]

Good luck

[@jonathanm2690]

Heyyyy DD lunchtime gang :)

[@caffeinecat3598]

"I think you're trying to solve a problem that doesn't eggsist" 😏

[@kashif9145]

Still not seen any umbrellas on TfL

[@dachronicalalittlebitofeve6630]

He’d need to get these in other places too, also put advertising on the actual umbrella too.

[@Goodyearmonkey]

All second guy had to say was once you get your money back reduce to 30 percent

[@caitlinbarker645]

Why would the dragons accept? They'd be 'selling' back a tenth of the company when the investment starts to make money.

[@stephencurran1164]

@@caitlinbarker645 Because then they can't lose anything, they can only make profit and end up owning 30% of a potentially prolific business at no cost.

[@caitlinbarker645]

@@stephencurran1164 True. Seems it could be counter-productive if money that would otherwise be reinvested into the company is paid out instead. But that assumes the dragons are prioritising the longer term income over risk to themselves.

[@stephencurran1164]

@@caitlinbarker645 Yep, it's just cutting out any potential loses and having cash handy to put eggs in different baskets, perhaps accumulating more free enterprise down the road

[@incidentlyaniguana2193]

I don't know if they were really doing that deal at the time of the episode.

[@kylemc0254]

The 2nd one is a terrible negotiator should of asked for 40% and when can pay there money back get 10 % back

[@thechanneloffun3760]

🥰🥰🥰 I love Duncan 😍😍😍

[@tanyal5497]

Peter was dead right, Duncan was being a bully testing that guy just to show he could squeeze that extra 2%, power play

[@jarednil69]

Why did they put the white boards on white boards?

[@kourosh234]

What happened to these deals? Does anyone know?

[@hardywatkins7737]

I thought the egg machine was just practical genius. I love boiled eggs but never make them because of the faff of boiling the water and getting the time right with no egg timer. You're probably going to spend at least £5 or £6 on an egg timer alone so something like this at around £20 - £25 is something i'd consider buying,. I think many have probably wished for something like it before, i know i have, and this guy just got it together and did it which is cool. I've tried using those cheap little things that cook eggs in a microwave but in my experience eggs and microwaves are sworn enemies and it never ends well for the egg. If only he had just one more egg though! I believed him about the thermostat.

[@billsmith8825]

I can cook a dozen eggs in my air fryer in 15 minutes, no water, no boiling, no mess.

[@kimchi_b]

You don't have a clock (that you've already paid for)?

[@rafeikasratali213]

The white board is a brll idea

[@motleyassortment5512]

The umbrella vending machine is a great idea, you don't know how many times I have been caught in rain wishing I had brought my umbrella or have to hide under cover until rain stop.

[@pps900]

Duncan flexin the alpha dragon

[@jonnyincomox]

This year we sold $17, and next year we are going to sell $10000000000000000000000000.

[@jcurrie3577]

1st couple: "We're absolutely delighted with the deal" Well, tell your face, man!

[@KeldonA]

Wow, ish got real with Umbrolly negotiations 😅😅

[@mustangsally5426]

Hi everyone, what are you eating today? Mine is a cheese board with garlic crackers and grapes with a glass or two of wine.

[@Mister_MS.PAC-MAN]

A glass or two? You’ve gotta pump those numbers up. Those are rookie numbers in this racket

[@yasinevans]

gonna slap a pizza together mate I think

[@NapoleonBonaparteMAGA]

2 egg white biscuits & 4 small hash browns and water from whataburger

[@Elldeeve]

Microwave horse meat lasagne

[@darkhaz3911]

Pizza with salami, pepperoni, olive, red chilli's and extra cheddar...then Parmalat when out the oven 😋

[@royfr8136]

Peter : I have a whiteboard!

[@melissasloan4750]

what is the point of having stacks of money on the tables next to each dragon???

[@caitlinbarker645]

To prove they're really rich, otherwise we wouldn't know 😛

[@Jack_Gretchen]

I am pretty sure it is fake lol

[@melissasloan4750]

@@Jack_Gretchen LOL. after watching a few episodes I thought that they were going to just hand them the &&&. But they didn't and it confused me... lol

[@clark9530]

TV

[@lazypeon1572]

This is just straight up greed tank

[@iim4xii129]

Products aside for a moment, Laura from the first clip is a 10/10. Looks like Kristen Schaal but a bit more chunky. Stunning if you ask me.

[@09struck]

how many times peter shock his head bec he him shelf knew that he made a mistake!!!!..BOOM

[@neilcoles1780]

Smart from Duncan....he knows it was just Peter's ego that he paid more, Peter would be happy to shaft the entrepreneurs but suddenly has some principles. Duncan knows they have to work together, so he doesn't double down but gives him an out for his pride.

[@Jack_Gretchen]

I am sure I have seen an egg cooking like device in Aldi, whether it is related to this product I am not sure...

[@scottiescott4201]

Bought it it’s fantastic, especially when everyone likes there eggs different. Love the guy he’s not just genius he’s lovely too and honest

[@bjornlangoren3002]

Problem with egg machine is that it is another appliance to clutter the counter. And what if you need to cook 6 eggs?

[@ayeshakhatun3669]

The time stamp says it’s been 4 months & I haven’t seen an umbrella vending machine around our underground transport system.I’m still keeping an eye on it.

[@maverickmic]

They're in offices you rent em. I'd invest if you can...

[@DlcEnergy]

Mr. Eggxactly sure had egg on his face when he realize he hadn't put the egg in. When he used up all his eggs he probably thought they was gonna make him scramble.

[@danb7856]

Thats why you don’t put all your eggs in one basket 🤣

[@shelleymagnussen1959]

At least they respected that sometimes, things just go wrong. Been there.

[@DlcEnergy]

My egg puns don't seem to be cracking anyone up. Guess they're not what they're cracked up to be.

[@gabhandebrun1871]

On the egg fella Deborah looks like Beatle juice with that Make up 😂

[@jonnyspeed8974]

"we have the executive distribution rights" of some else's product. Hardly ingenious. Though it does show limits to Peter's understanding of innovation; meeting real people's needs.

[@theunemployedtrucker]

The first couple made the right decision, it's better to have 60 percent of something rather than 60 percent of nothing.

[@AB-sr3yv]

Did buy a Magic board from China 20years ago

[@LivingOnaPrayer123]

So these were among the best businesses ever pitched in the den? And I bet if Jenny was there she still would have been out on each of them

[@GolfingInParadise783]

Jenny was skint I reckon 😂😂

[@saintmatthew9100]

What I find funny is that Jenny actually invested in like top 3 most successful business in the history of this show😂 She was obviously searching for ''THE ONE'' that's why she was always out haha.

[@Mister_MS.PAC-MAN]

Spoiler: Jenny’s out

[@darkhaz3911]

😂

[@terranceparsons5185]

She's a very successful woman, give her a break.

[@royfr8136]

Richard was the GOAT

[@margkropf5541]

For me it is strange when one of the hopefuls has an odd expression and unusual features.Glad the dragons were able to look beyond that.

[@MrMakeDo]

The way she wrote her g tho 🤣

[@brianmullen5305]

I like Peter J (I at least respect him). It's great to see him uneasy in his seat, after very condescending comments and position

[@NB_NB_NB]

Umbrolly dissolved in 2012