Further to my recent post about a successful deal on Dragons’ Den which was the result of good marketing for the business as a business, this article highlights a pitch which was quite the opposite. Reminiscent of Clair Copp and her accounting software, this pitch left a sour taste in my mouth, but for slightly […]
Sometimes, the route to getting an investment is about feeding the dragon.
For a growing start-up, a major event in its early development as a company will be the acquisition of capital, whether in the form of a loan, a gift, or an investment. Founders who seed the company from their personal funds can consider their company as the recipient of a gift. When the money comes […]
With a company that spends significant amounts of time working on websites and applications for small businesses, and an association with a few other companies doing similar work, I’ve seen a large number of projects which have lent themselves to be proposed to investors for some capital. Some were being backed by someone other than […]
The finale for Season 5 of Dragons’ Den was devoted to the 5 constant figures in the Den, the five Dragons. The show was titled Path to Riches and went through the story of how each Dragon reached their current success. What was especially fascinating about the show was that while discussing 5 unique stories, […]
Caution: Spoiler Alert – visit Dragons’ Den on CBC to watch the episode if you have not already seen it. If you are an entrepreneur, you likely know the importance of keeping accurate records, and that potential investors will be taking a careful look at those numbers before deciding to invest in your company. Apparently, […]
I heard someone say no to a million dollars the other day. I was watching Dragons’ Den on CBC, in which entrepreneurs can pitch their ideas to 5 wealthy investors. If you’ve never watched the show, you can check it out and watch old episodes on their site. Caution: Spoiler Alert A pair of entrepreneurs […]
Most people are well aware of the concept of economy of scale – it’s cheaper to buy the huge box of cereal that could feed a family of 10 for a month than to buy the small box that could feed you and your spouse for two weeks. When you buy a lot, the price […]