Dragon Begs Businessman To STOP While He's Ahead | Dragons' Den IRL
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- Опубликовано: 27 сен 2024
- Trained chef Mike Fernandez entered the Den pitching his 'Sami Snax' business idea that aims to supply late-night stores, pubs and fast food chains - "anywhere really..." Mike is looking for €80,000 in return for an equity stake of 20% but the problematic logistics of his operation worry the Dragons.
Original Broadcast Date:
Series 2, Episode 3.
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 #SamiSnax #YoureINSANE
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Who’s discovering Ireland has their own version of dragons den just now???
Me and its dont feel right
LOL. I just saw it in my feed today.
I was surprised it wasn't in Gaelic.
This one is bland af doe. Everyone looks the same to me. Needs more variation like regular dragons den.
@@crimebodge7274 cant dodge the bodge
What the chef needs to hear right now are a few encouraging words.
"Mike, you're insane."
Trying to be controversial so the show gains traction but they're just so unlikable. Deadpan arrogance, nobody wants to see it.
Dragons are so boring, they need a debra and peter on this show
Ja ja the best response!!!!! Total was laughing here dying :) totally different encouraging words lol
From the thumbnail I thought he was proposing a pyramid scheme 😂
Ohloveeh me too
Lol
Yeah that’s why I clicked. Someone did once, I think it was on American Shark Tank but I could be wrong
@@shapedsilver3689 you’re correct
They are so respectable people. If he had been in UK, I guess he would be grilled as hell.
Which makes me think this is just for show. I expected the Irishmen to look at his product, say "go on ye'bollocks" and throw him out.
It was UK.
The cast from Austrália and Brasil are also kind in their own way (Shark tank)
@DT Man and Van fuck off it's common decency. learn some
?? What? They'd probably beg him for an investment. They can't get enough of samosas, lol
I’ve just started watching Irish DD , and the fact that there are Jenny comments in this thread aswell...makes me very happy
Bore off already
@BS Handle Created agree.
@Toast dont be crass.
Every episode of every den has the same comments from the same people trying to show just how clever they are. BTW we dont need to read the comments again, we heard them the first time. OUT!
That is cause you have the mind and maturity of a 12 year old.
You attracted to juvenile, idiotic humor.
Sad.
9 hour shelf life?!! 😖🙁
Way too short, he's like "We will deliver in 2-3 hours after made" Ok...even if you do that still means it needs to be consumed in 6-7 hours and thats no guarnatee.
@@AcidDaBomb If you eat his samosas after midnight you will turn into a Gremlin.
It's a liability nightmare.
Yea after 9 hours they go soggy
Research and planning is essentially free. Every business person should do lots of planning. This pitch was really not cooked enough.
Actually, a lot of critical data is gated behind, sometimes massive, paywalls. Depends on what exactly you're trying to do though.
Worst pitch I have seen on dragons den
"You sure you thought this through?"
"Yes."
"Okay, just checking. I am going to offer you all the money for 15%."
It’s like he’s making it up on the go
.....he’s also gonna’ need a maintenance guy; ovens will eventually need maintaining!
Chinese quality and ebay 14 day returns policy.... that means every three days you need someone to do the ebay admin for the claims and get China to send out a replacement directly to site.... not a maint guy needed... but a ebay claims admin staff member.
At 70 euros each it’s probably cheaper to replace them when they break than it would be to maintain them.
I've never heard an Irish - Indian accent! It's genius!
Another Dragon's Den channel to get my fill. Awesome!
Just got this recommended in my Dragon's Den UK feed video. Subscribed :D
Interesting, never thought about what an indian irish accent sounds like.
indiarish
Yeys me friend
Hilarious 🤣
1:20 “Anywhere really with a foot flow of over 500 people”. Corona virus: imma ruin this mans whole career
😰
He gave out samples? Were they made less than 9 hours ago?
1 factory for 1 samosa. 800,000 factories by year 2. The expansion will be unbelievable.
The chef should stick to selling his snacks at his shop and to a few Pubs close by. EVERYTHING he has planned will be too costly and impossible to maintain. It is a good thing I am not his friend because by the time I pointed out every one of the flaws in his plan, he would not speak to me again. There is no way to sugar coat his plans.
"NOT FULLY COOKED!!!" And none of them laughed 😶
He had no workable business plan. The costs would be larger than the profits. And so regrettably for that reason, Jenny is out.
They're in Ireland which means the Dragons sit on the opposite side.
Here is a logistics issue. If they are made at 8am and delivered between 9am and 11am, this means they need to be sold by 5pm.
This sounds fine and well, but delivery happens as people have left for work. Nobody is out shopping between 9am and 11am. Most people are off work by 5pm, when they expire.
This means that you are delivering perishable food when people are at work, and it expires when they are coming home.
The vast majority of your market is physically unavailable for purchase.
And for that reason, I'm out.
They could be bought and consumed on lunch breaks.
@@xenxander sure but this still logistically does not make sense in the grand scheme of things. Having to sell all of them by 5pm is unlikely to happen at each shop.
Frozen foods or a fast-food chain would be better for this chef
6 van drivers going to different places tgats cracked me😂😂😂
Shamoosas are a common snack, I order them regularly from a Vegetarian Indian restaurant along with other goodies. They don’t have a factory dedicated to this.
Based on this clip I would say that the Irish are way too friendly for their version of Dragon's Den to work well lol.
This man...has a cadence...that would make...William Shatner...weep with joy.
couldn't he have them delivered cold? and shop could heat them?
Why not freeze samosas? Great advice.
"Mike's Imaginary Vans........."
😄
3:02 why do the Ireland dragons look like mafia members
No Jenny jokes?
Jenny: and for that reason I'm out
Lol, even though she is not in this Ierland DD, yup I bet she is still out :o)
Is this what you think comedy is
@@jonahmarlow3991 yes. I laugh at every Jenny meme.
@@charcoal3822 what's with the Jenny jokes, anyway? Why her? Honest question. I legit have no idea why the Jenny jokes started and you seem like the person to educate me on this particular subject
@@lollypop6343 oh because she never gives a deal. The only time she did she got rejected hard.
I've got a better product. It's called SamosApp (TM). It's an app that once downloaded to your phone, you click a button and the samosas are teleported from India and materialise right in your kitchen. They must be eaten within 9 hours though.
Guy was on to something man.
The container should be heated up like for the coated peanuts .
3 seconds in, guy enters with a swagger, methinks crash and burn..
they sell samosas in budgens in London. They dont taste as good as authentic samosas do, but they're designed to be microwavable and last longer than 9 hours. They come precooked and kept at room temp and budgens will mircowave it for you.
Its a crazy idea, get into asian flavour sandwiches or something that is scalable. This is madness and wont work.
@Alex Sokolov what's so funny about that? Tandoor chicken sandwiches are quite tasty. When done right of course.
@Alex Sokolov I never called samosas Asian flavoured sandwiches. I think you misread and jumped to that conclusion. I said they are better off with Asian flavoured sandwiches so they can be chilled with all the other sandwiches and us easier to sell.
Plus it will fill you up more too.
The samosa needs it's own heating van and heating cabinet.
None of them mentioned the HORRIFIC branding?! Omg, the Jokerman!
It's like Krispy Kreme. They deliver fresh donuts to grocery stores.
Things this guy has to pay for before he puts a single cent in his pocket
Driver wages
Factory worker wages
Admin staff wages
Cost of stock
Cost of his heated units
Lease on heated vans
Commercial insurance on vans
Goods in transit and public liability insurance for each van
Lease on factory
Lease on cooking equipment or upfront costs of buying it
Insurance on factory
Insurance on cooking equipment
For what he is proposing he needs to be making at least 1k per van per day. The costs are astronomical and 300 per day for 6 vans won't even cover his wage bill per factory. And increasing the number of vans won't necessarily draw in more profits. In order to counteract the costs of having more vans he needs to have a huge fleet of dozens of vans each pulling in 700-1000 euros per day. He was doomed to fail. He has looked at the most basic of costs. His unit and converting a factory. And decided that since they seem reasonable the rest of the business must be viable. And it's just not
@d_a_n_y he already has a takeaway restaurant that must be doing okay for him to even consider this venture. Why not be happy with what he has or even start opening more branches or franchises? He could have a restaurant in every major city in Ireland and the uk and the profit margins would be much larger along with it being actually an achievable aspiration
And for those reasons Jenny is out.
Sounds to me like this should have been a franchising thing: local takeaways frying up samosas in the morning and using their existing drivers to distribute them = low cost of entry for the franchisees, and they'd get the snazzy marketing and hot box for their franchise fees
Idk if there’s an equivalent in Ireland, but in America there are vending machine companies that sell “fresh” salads or sandwiches, and replace the food every day. That said, I have no idea if that’s working for them
Samosa definitely has a longer shelf life than 9 hours... At least 24 -48 hours
HAVE TO BE READY FOR EVENTUALITY
He'd have been better off pitching a fleet of kitchen trucks that can drive to various locations and make the thing's on site..JS
He'd make so much more money with less worries/overheads if he just delivered them frozen. Or, penetrated Cork's asshole and dominated it with his Samosas. Then he could let a big company come in and either royalty him out, or take care of other cities. He's going for a marathon run in gumboots right now. Needs to wind it back in and prove his product locally first.
He needed to get like 20 of these machines made. And get them all out within a close proximity of the place he currently cooks from. Then he would have had something to show the Dragons.
Jenny: It's an entirely different TV show, and for that reason I'm out.
FYI, bakeries all over India works on this business model. Caterers makes snacks and deliver it to bakeries on a daily basis. Don't know whether this would work in Ireland, but the economics clearly works here in India and is profitable.
Anybody got update on what happened to this business?
More more videos pls. Thx M8... well.done
Jenny calls in, "Can you tell the gentleman that I'm interested in investing, my offer is 80k for 20% of your company, and before you answer..... I'm out."
Are the dragons in dragons Den Ireland always this nice? 😮
Why would you transport the food hot? That’s insane.
He's better off developing an app for Samosas on Demand ...
No ... He shouldn't !!
If he didn't do the chicken one, they wouldn't need to be kept in a heated van and the shelf life would be about a week rather than 9 hours.
meat free is the way to go for sure.
Oh my, if he got his practicalities right and planned properly, they would have been right on board! Oh my.
No, what he was wanting to do was going to be a logistical nightmare. He could have purchased battery powered high end heated holding boxes for the delivery vans to really cut the cost of getting a heated truck. Even with that, it’s unrealistic to think that you can deliver an item with a 9 hour shelf life to multiple venues every day. Also there wasn’t enough turn around on his items to be worth the risk.
He needed to have 5 locations he’s already feeding these to to be able to properly pitch it to investors.
Why waste time with making $1,800/day before overhead... Yikes
I'm devided on the idea.
why on earth are the dragons on the wrong side on the screen? its madness! dragons even sharks are always on the left side!
better to package the product and sell them to takeaways restaurants..
9 hours of holding hot food is going to get someone sick. This guy is no chef ~>
Why didnt she go to the Ireland Dragon'd Den? WTG Deborah.
Man the euro really was shit compared to the pound. Money looks thin
It sounds like this guy would have been better starting his own kind of like Indian bakery or something making Indian treats from his country and then once he became popular enough looking at trying to expand and bring it to other stores around Ireland.
Post more pls
8:18 dragon has the left eye of a small cow......
weird.
That Bobby person looks an awful lot like David Mitchell
company dissolved 27th of August 2014.
Why are Irish people so lovely?
17"\$ an order..300$ a day =150 deliveries PER truck a day..doable whats the prob?
Is it just me but they all look like siblings
When your a little bit nibbley :o)
I'm always a little bit nibbly😬😁
Wow... Are they really dragons or some cute friendly pandas? They spoke with kindness and nicely. Not at all condescending. SHark Tank and UK DD is not like this :-)
This is malarkey! C'mon give me a break man! Stop the madness. This will be 🍌 bananas 😅
Jenny: Opens this video on RUclips*
Jenny : smirks* Likes video and adds tally to her list of outs*
Madness?? THIS IS SPARTA!!!!!!
Omg they have Irish dragons den
35k to set up a factory? Really? Lol.
His idea is a bit half baked!
Lol
The shittiest business plan i can think of 🤔
Mike "Fernandez"? Like in indian "Fernandez"?
It's so hard to listen to them. They talk in slow motion. You just can't replicate this show, it's painful to watch
you can tell he doesn't care and he will go on with it and will go bankrupt :D
Way too nice, they're friggin' samosas !!
Chicken samosas? Seriously... as an indian, that's preposterous blasphemy...
@Mass Debater I am from kerala, which is in the southern part of india. Here we got plenty of english names for Christians. So yeah... we got Jakes, Dave, Aaron, Jacks, Bobby, Erics, melissas and pretty much everything in between.
@Mass Debater Nope... Patel is so north indian. In kerala, family names are still traditional and passed down from olden times. But we take our dad's first name as our second name and even if family name is mentioned it's written the last. So yeah! Full names can be completely English if your dad or husband has got english names.
This isn't without it's consequences though, sometimes parents can take it too far and come up with most ridiculous of names for their kids. Few examples, anal, titty, darling, baby, sweetie etc... but they are kinda like a rarity and we got ridiculous parents everywhere in the world(I am looking at you, the parents of "khaleesi")
Kind of like a beef curry?
I had chicken samosas at my bar mitzvah
When he said this is madness, the samosa guy should have said " madness? THIS IS SPARTA!!!!" , " oh wait I am not in Sparta take that back "
indian David Draiman
Packi Irish Mike is a gent,I know him well,good luck Packi Irish Mick.
The Irish look and sound funny
I thought is a parody 😂😂
No jenny memes?
im out.
Love dragons den. Please don't blaspheme 🙏🙏
At risk of being sued by the poor feckers family who after eats it is speared to death,literally bleeding out from one of the 3 points on these bad boys!!
☝️Make em round!
You've been warned.
Can thank me later. 😁
Jenny: I Came for the free samples and boy were they delicious!
"Therefore I'm OUT"
Hearing everyone talk in an Irish accent rather than British really messes with your brain
Keep the Jenny jokes alive.
And for that reason I'm out.
I might aswell apply to sell spring rolls
They're so arrogant and unlikable.
Where's Jenny??
táim amuigh
She's out.
These dragons are like little bebes, lacking in knowledge and understanding..
😈
Jenny’s got a reason to be out here.