Ceremony
Sara Atta
Mr.Mark
Buss-2
10-6-2013
Dragon Den’s assignment 1. What are the names of he 5 dragons
The names of the five dragons are Theo Paphitis ,Peter Jones, Deborah Meaden, Hilary Devey, Duncan Bannatyne.
2. In what industry has each one become successful in
Hiliary Devey: logistics.
Duncan: Hotels and health clubs.
Peter Jones: Founded a tennis academy and he has a computer business.
Deborah: runs a multi-million pound family holiday business.
Theo Pahitis: majority of his fortune in the retail sector. 3. In your opinion select an entrepreneur you thought gave a poor presentation. Also mention 3 things they could have done to improve their chances of achieving the money required. (small paragraph) The first entrepreneur who was called Nora was the most one who gave a poor presentation. She came to ask the dragons to invest 50,000 pound in return for 20%. She came to offer a product to solve the problem of women finding it hard to put eyeliners by offering flick tips with different styles that can be stick at the end of the eye as she thought it was the perfect idea for women to get the perfect flick tip. The problem with Nora’s product was that she sold it with a very expensive price that wont even attract the costumers to buying it as each was for 6.99 dollars .A second disadvantage of the product is that it could only be used once and the stick on it goes and it can be only reused by putting a stick on it again which is a disadvantage to the product. Another problem with Nora’s product was that if it becomes unfashionable her product will be gone and will no longer get money. A last problem of her product was that she didn’t have a range of products along with the eyeliner flick tips so if one fails the other could hold it up. As she had only a one short-term product, that the Dragon’s refused to invest their money afraid they wont get it back. The first thing Nora could have done to improve her chances of achieving was
Mr.Mark
Buss-2
10-6-2013
Dragon Den’s assignment 1. What are the names of he 5 dragons
The names of the five dragons are Theo Paphitis ,Peter Jones, Deborah Meaden, Hilary Devey, Duncan Bannatyne.
2. In what industry has each one become successful in
Hiliary Devey: logistics.
Duncan: Hotels and health clubs.
Peter Jones: Founded a tennis academy and he has a computer business.
Deborah: runs a multi-million pound family holiday business.
Theo Pahitis: majority of his fortune in the retail sector. 3. In your opinion select an entrepreneur you thought gave a poor presentation. Also mention 3 things they could have done to improve their chances of achieving the money required. (small paragraph) The first entrepreneur who was called Nora was the most one who gave a poor presentation. She came to ask the dragons to invest 50,000 pound in return for 20%. She came to offer a product to solve the problem of women finding it hard to put eyeliners by offering flick tips with different styles that can be stick at the end of the eye as she thought it was the perfect idea for women to get the perfect flick tip. The problem with Nora’s product was that she sold it with a very expensive price that wont even attract the costumers to buying it as each was for 6.99 dollars .A second disadvantage of the product is that it could only be used once and the stick on it goes and it can be only reused by putting a stick on it again which is a disadvantage to the product. Another problem with Nora’s product was that if it becomes unfashionable her product will be gone and will no longer get money. A last problem of her product was that she didn’t have a range of products along with the eyeliner flick tips so if one fails the other could hold it up. As she had only a one short-term product, that the Dragon’s refused to invest their money afraid they wont get it back. The first thing Nora could have done to improve her chances of achieving was