Want some tips on how to pitch to investors? From fitness start-ups to app companies, learn from the Den’s investment hopefuls First to face the Dragons this week was Scottish entrepreneur Steven Reynolds, pitching a business aimed at encouraging children to get involved in fitness activities. Reynolds claimed his turnover figures would be bolstered by pending contracts that would fuel growth, producing documentation as proof but this wasn’t enough to convince Jones:. You’ve just got an agreement which you’ve agreed to trial. Anybody can do this. I’m not even going to waste my breath or my time. Nick Jenkins offered out some advice to the fitness founder and noted that Reynolds could have a healthy cash flow if he hired vans, scrapped the Manchester office and paid staff on a daily basis. Proof of concept was as much a sticking point for Willingham as it was Jones as she felt Reynolds needed more time to prove his business idea, while the market opportunity was too small for Touker Suleyman.
M14 Industries Snaps Up Impressive £80,000 Investment On Dragons’ Den
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Defying Expectations with Hayley Quinn Episode 5. Self Reflection with John Kershaw Episode 4. Developing Hype with John Kershaw Episode 3.
Bristlr is powered by M14 Industries, “the platform that allows anyone to have their own dating app.” Bristlr is described as the “Tinder for beards.
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The self-assured app entrepreneur appears to have an answer for everything. Then came the offers of investment. Moonpig founder Nick Jenkins was next, followed by Sarah Willingham. Told here for the first time, Kershaw picks up the story:. Everyone is keen to get the deal completed fast. M14 Industries founder John Kershaw.
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Tinder for Beards founder lifts lid on Dragons’ Den investment
In return, he agreed to hand over 20 per cent of the business. M14 Industries, which is based in Manchester, has developed what it claims to be the world’s first white-label dating platform. Kershaw came up with the idea for M14 Industries after creating Bristlr. Dubbed ‘Tinder for beards’, Bristlr’s tagline is “connecting those with beards to those who want to stroke beards”.
At the end of this process, he received offers from all five Dragons.
‘How To Build A Dating App’ is a new podcast that takes you along on the through his initial trepidations and his whole approach to his pitch: the beard, the shirt, and Plus, the lore behind Peter Jones’ bright socks, the fabled Dragons’ Den.
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When you run the “Tinder for Beards”, expecting the unexpected comes with the territory. But appearing on Dragon’s Den has been the most noteworthy.
Send feedback. It follows a UK-based marketing team as they delve into the current dating landscape and online dating trends, whilst putting together plans for their own dating app. Featuring the advice of special guests and dating industry experts, ‘How To Build A Dating App’ promises to document the whole experience of building a dating app from scratch. Season 1 now available on all major podcast platforms. Available episodes.
Jul 22, This is surely the first time this has been done for a pitch on the show probably. This is a stand-alone bonus trilogy so you do not need to have listened to our previous episodes to enjoy this one. By the way, did I mention billions and billions of pounds? Jul 17, How does it all work? How do they get paid back?
John explains all, packaged nicely as business investment advice.
Dragons’ Den: Series 14, Episode 15
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