DRAGONS’ Den has had no scarcity of success tales for the reason that hit BBC present launched in 2005, however there’s additionally been some misfires.
Businessman Rob Regulation was left humiliated in 2006 when his enterprise thought was rejected, however has since gone on to be a vastly moneymaker.
The entrepreneur requested the panel of enterprise consultants for £100,000 in return for a ten% stake of his firm, Trunki, which had developed the world’s first ridable suitcases for kids.
However he was savagely slammed when Investor Theo Paphitis unintentionally pulled the deal with off the suitcase, making him query the standard of the product.
“You shouldn’t come right here with issues that may be solved,” Theo stated. “It drives me mad that we waste our time with this stuff.”
Regardless of this, Rob did get a suggestion from Australian Dragon Richard Farleigh however for half the asking quantity – which noticed him boldly flip it down and stroll away with nothing.
Since then, Trunki merchandise have been offered throughout the globe with over three million suitcases offered by 2016, and a reported turnover of £9.5million by 2018.
Rob even revealed his e book, 65 Roses and a Trunki, in Could 2020. It informed the story of “defying the percentages in life and enterprise.”
Together with Tangle Teezer, a hairbrush firm now value a whopping £200 million, Rob’s rejection has been one of many greatest success tales within the present’s historical past.
And we wager the buyers are kicking themselves now as there’s not an airport worldwide with out one.
https://www.thesun.ie/television/8348340/dragons-den-idea-rejected-10m-trunki/ The Dragons’ Den concept that was REJECTED however went on to make almost £10m