This Entrepreneur Tackles The Problem Of Baggage Fees | Dragons' Den

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  • Опубликовано: 23 дек 2024

Комментарии • 152

  • @brianscott5205
    @brianscott5205 5 месяцев назад +172

    Company is currently worth £1.3 million. Dragon's 100k would now be worth 65k. They were right not to invest, he was right to keep going.

    • @George-f8h
      @George-f8h 5 месяцев назад +12

      I agree with you. A Dragon would be taking on enormous risk. If the company goes bankrupt, the Dragon would lose 100% of the initial investment of $100k. At the time of the sales pitch in 2011, the company's revenue was projected at only $200k. Had a Dragon invested the $100k in a different investment that gave 5% return (compounded annually) for 13 years, the balance would be worth about $171,000... and 10% return would be around $285,000.

    • @Bassini007
      @Bassini007 5 месяцев назад +8

      Thanks for spoiling

    • @TheManInBlueFlames
      @TheManInBlueFlames 5 месяцев назад +1

      1.3 is still a lot!

    • @SP-ie1vx
      @SP-ie1vx 5 месяцев назад +11

      That’s assuming the dragons contribution to the business would have been zero.

    • @Lunchladydoyle
      @Lunchladydoyle 5 месяцев назад +13

      @@Bassini007why are you in the comments if you haven’t watched the episode and don’t like spoilers ?? 😅

  • @hamza361
    @hamza361 5 месяцев назад +9

    This is an insanely successful business now. Thousands of good trustpilot reviews. Well done Adam! Amazing to see entrepreneurs completely prove the dragons wrong.

  • @gleefullygloomy
    @gleefullygloomy 5 месяцев назад +33

    Used them when moving from Canada to Germany. Their service was fantastic.

  • @beeble2003
    @beeble2003 5 месяцев назад +54

    He claims his valuation is based on other tech startups. But he's not a tech company: he's a logistics company.

    • @simonmcintosh6565
      @simonmcintosh6565 5 месяцев назад

      This is old. It’s know a billion dollar company 👍

    • @rustyblade5845
      @rustyblade5845 4 месяца назад

      ​@@simonmcintosh6565Try reading your statement back to yourself. It makes absolutely no sense whatsoever.

    • @simonmcintosh6565
      @simonmcintosh6565 4 месяца назад

      @@rustyblade5845 don’t you just read through typos? Know is now obviously. 🙄

    • @nyquist_control
      @nyquist_control 4 месяца назад

      @@simonmcintosh6565 It's worth £1.3 million mate

    • @snowmansully4053
      @snowmansully4053 2 месяца назад

      Does your brain get stuck at typos lol wont it allow you to use abit common sense and understand what is meant ​@@rustyblade5845

  • @JamilKhan-hk1wl
    @JamilKhan-hk1wl 5 месяцев назад +36

    I thought he was selling oversized luggage tags

  • @mjalkaabi3085
    @mjalkaabi3085 5 месяцев назад +7

    I actually used his service last year from Rome to Abu Dhabi! Airline wanted to charge me 400 euros for extra 23 kilo luggage, they charged less than a half 🎉

  • @AdmiralBeethoven
    @AdmiralBeethoven 5 месяцев назад +27

    And this is how villains are born

  • @skogis06
    @skogis06 5 месяцев назад +47

    Surprisingly they are still in business and have a fairly good rating on Trustpilot

    • @sosolid4u10
      @sosolid4u10 5 месяцев назад +21

      I would say 4.7/5 after over 100k reviews is more than "fairly good". Its outstanding

    • @mad-cyantist3159
      @mad-cyantist3159 5 месяцев назад +1

      Their Instagram comments say otherwise. A few people have had problems with them

    • @NullifidianYT
      @NullifidianYT 5 месяцев назад +1

      Trustpilot blackmails their customers to pay up or get fake negative reviews.

    • @rustyblade5845
      @rustyblade5845 4 месяца назад

      ​@@NullifidianYTA corrupt and untrustworthy trust pilot ? Oh the irony. But then how come the haven't been sued then? Or are you just making stuff up for the sake of making stuff up?

    • @logitech2010100
      @logitech2010100 3 месяца назад

      ​@@mad-cyantist3159you are only ever gonna see the people who complain in places like those

  • @banquorebuechett9914
    @banquorebuechett9914 5 месяцев назад +25

    The thing is, logistics companies don’t put a link on their website to do what he does. So he has a business.

  • @sandeshvantveen
    @sandeshvantveen 5 месяцев назад +16

    The service is actually quite good. It’s often cheaper than to send stuff through other logistic companies.
    I get why they didn’t invest though. How did he not have answers to the questions they kept repeating?

  • @Thepopcornator
    @Thepopcornator 5 месяцев назад +43

    Rest in Peace, Hillary.

  • @ianlister7333
    @ianlister7333 5 месяцев назад +13

    dude is a middle man, ive seen set ups SIMILAR to this before. Only the company I dealt with was for regular parcels. The problem was any small issue, and I would be ringing the middle man not the courier who actually carried the parcel.

    • @ifwecouldvote
      @ifwecouldvote 5 месяцев назад +3

      OK, lots of successful companies fit that description though.

    • @ianlister7333
      @ianlister7333 5 месяцев назад +5

      @@ifwecouldvote which is fine, and it can be a great business for the person pitching.
      However from the POV of a Dragon it will never grow big enough for them to be interested.
      Hilary can do this at the snap of her fingers, she owns (owned RIP) a version of what this guy has built his business on.

  • @pmphoto
    @pmphoto 5 месяцев назад +1

    I moved country relying pretty much only on this service. Shipped several dozen boxes cheaper than using any other service it was amazing.

  • @TheByard
    @TheByard 5 месяцев назад +4

    I've used a company that has a stand at Heathrow, I think it was/is called Excess Baggage and at first I though they would take your excess baggage there and then but they didn't. On another trip I knew I was way over so I called them, a DHL an picked it up at the house, I tracked it via DHL and DHL delivered it in Vietnam. The time after that I called DHL and got it done cheaper.

    • @joanpearl7184
      @joanpearl7184 5 месяцев назад

      We use them all the time, with our Columbian lords program, and when there is trouble it's great having a middle man.

    • @squalie9
      @squalie9 5 месяцев назад +1

      I'm shocked airlines don't fight airports for having courier services inside, considering how much they make off baggage fees.

  • @savannahjackson8513
    @savannahjackson8513 5 месяцев назад +9

    The dragons need to just tell him what they really think.

  • @TheManInBlueFlames
    @TheManInBlueFlames 5 месяцев назад +8

    His idea is actually really good, especially at the time this occurred, many people didn’t want to go on flights with huge baggage in the plane. But for some people like me, this was never an option so this would have been much cheaper.

  • @chrisnorthall8317
    @chrisnorthall8317 Месяц назад +1

    where did he get that suite material, the Hilary Devey collection ?

  • @DaveTexas
    @DaveTexas 5 месяцев назад +6

    5:19 "…but the words look wasted on an irritated Peter Jones." That’s a redundancy. The word "irritated" is not necessary, since Peter Jones has no other state of being.

  • @Aggro2020
    @Aggro2020 5 месяцев назад +2

    Would it be cheaper to send the items through the post?

  • @frankaloo93
    @frankaloo93 5 месяцев назад +1

    Lmao not only does he look like the tinman in that metallic suit, he walks like him too 😂

  • @purrfekt
    @purrfekt 4 месяца назад

    The dragons were right. I just had a go on their website; and the prices they charge for a shipment is ridiculously high; multiples compared to other shipment options.
    Even airline baggage fees are cheaper than what they're charging, which defeats the whole purpose.

    • @chipbuttytime3396
      @chipbuttytime3396 2 месяца назад

      Next Den visit should be a baggage comparison app

  • @BaliFreedom
    @BaliFreedom 5 месяцев назад +2

    How about when people start sending illegal items through his service?

  • @wadegarrett7376
    @wadegarrett7376 5 месяцев назад +1

    I was waiting for "But you don't understand".

  • @MarxistMedia
    @MarxistMedia 5 месяцев назад +15

    So he just came on for advertising yeah?

  • @wardosravin
    @wardosravin 5 месяцев назад

    Does he get a significant discount for higher volumes? Otherwise why would I not just do it myself with the courier...

  • @thomascaldwell6751
    @thomascaldwell6751 13 дней назад

    Just used this service...its pretty good

  • @miracles-f2o
    @miracles-f2o 3 месяца назад

    Never knew you could use a service. Good idea❤

  • @3rdeye1983
    @3rdeye1983 15 дней назад

    Used them in international moving, saved me a lot of hassle

  • @chrisgriffiths2533
    @chrisgriffiths2533 3 месяца назад

    Brutal.
    Not a Bad Idea though, So Good Luck to Him.

  • @leederbazoid
    @leederbazoid 5 месяцев назад +10

    He should have farted and walked out

  • @Nicna86
    @Nicna86 5 месяцев назад +3

    It’s like he’s not watched any previous episodes.

  • @nowbeing1
    @nowbeing1 Месяц назад

    He asked 5% but he knows they ask for much more. So if they did 10% it would have been a profitable investment.

  • @CleoptraMonrow
    @CleoptraMonrow 5 месяцев назад

    this one has been on before. Thanks Though

  • @squalie9
    @squalie9 5 месяцев назад +2

    This guy was a mess, I understand why the dragons were annoyed. Couldn't answer when challenged, absurd valuation, false narratives, not really doing anything other than connecting postal service to travelers.

  • @nowbeing1
    @nowbeing1 Месяц назад

    I pais 90 dollars surchage for small bag. Be careful on low cost airlines.

  • @tamas5931
    @tamas5931 4 месяца назад

    It’s the first time I see someone come down the stairs

  • @jamienicholl9412
    @jamienicholl9412 3 месяца назад +1

    Hilary 😭❤️

  • @andyhowie9339
    @andyhowie9339 5 месяцев назад +3

    "Den ordeal"
    OR
    "Den, or deal?"

  • @ksspqf9
    @ksspqf9 5 месяцев назад +4

    Cigarette lady was wrong 😂

  • @Cypher791
    @Cypher791 5 месяцев назад +1

    I don’t get it? Isn’t he just a middle man… isn’t anyone better off just going direct to.. Royal Mail or UPS or whoever?

    • @Ryanjoned163
      @Ryanjoned163 3 месяца назад

      Mug

    • @Cypher791
      @Cypher791 3 месяца назад

      @@Ryanjoned163 that’s all very well but.. what are you going to put in the mug… 🤔

  • @vistron888
    @vistron888 2 месяца назад

    Saving £5 on a £65 fee? Pointless for the hassle.

  • @Riana.dS.
    @Riana.dS. Месяц назад

    Why shout at entrepeneurs? If Deagons do not agree with what Intrepeneurs say, tell them in a decent fashion, or give them positive advice instead. The Dragons' rude demeanour is very upsetting and insulting for us watching the program.

  • @Nick-gk6hj
    @Nick-gk6hj 5 месяцев назад +2

    Textbook example of someone who loves smelling their own farts

    • @frankaloo93
      @frankaloo93 5 месяцев назад

      Omg yes he so would😂

  • @Mickenos85
    @Mickenos85 5 месяцев назад +2

    I think if hed told Duncan ten percent, hed have got it.

  • @bxlis
    @bxlis 5 месяцев назад +1

    Den done deal :)))

  • @rf159a
    @rf159a 5 месяцев назад +8

    He's still in business!! GOOGLE it!!

  • @johnmiller0000
    @johnmiller0000 3 месяца назад

    It's cheaper to pay the excess.

  • @patrickavid1974
    @patrickavid1974 5 месяцев назад +1

    Terrible suit _ we'll done on the pitch

  • @Firedancer100
    @Firedancer100 5 месяцев назад +1

    Ethereum 🚀💯🚀

  • @williebobs3830
    @williebobs3830 5 месяцев назад

    NEVER USE YODEL COURIERS.

  • @jasonbored8319
    @jasonbored8319 5 месяцев назад +9

    The dragons are worth a maximum of 2%.
    None of them are hands on themselves.

    • @bananwarskywalker8363
      @bananwarskywalker8363 5 месяцев назад

      Having a faster path to the big boys is worth a lot more than 2%. Most of the products rely on hype, few can get it at the right time on their own, but most could definitely take advantage of the boost.

    • @jessicaregina1956
      @jessicaregina1956 5 месяцев назад

      😂 not sure if serious, at that level, u want the founder of the company to move baggage?

    • @ThePrimeMinisterOfTheBlock
      @ThePrimeMinisterOfTheBlock 5 месяцев назад

      2% more than you, you non entity

  • @peterkaiser4002
    @peterkaiser4002 3 месяца назад

    Those sensitive Dragons are so easily offended.

  • @ksspqf9
    @ksspqf9 5 месяцев назад +3

    Cigarette breath was wrong😂

  • @annsowers4591
    @annsowers4591 5 месяцев назад +1

    Of course Hillary is out!

  • @therealxunil2
    @therealxunil2 5 месяцев назад

    Don’t we call it fedex. Or up’s. Or dhl. Etc etc.

  • @peterreber7671
    @peterreber7671 5 месяцев назад

    Any compny that rides on the back of the staff by not paying them, even if it is yourself, has no future.
    You can leave the money in the company but wages must be reflected on the books by means of a loan account.

    • @beeble2003
      @beeble2003 5 месяцев назад +2

      The owner isn't staff. And they can pay themselves via a dividend, rather than a wage. Alternatively, if they have enough money or alternative income to be getting on with, they can not take any money out of the business, to decrease its expenses and help it grow.

  • @tacocat717
    @tacocat717 4 месяца назад

    That suit is horrendous.

  • @dimebag505
    @dimebag505 5 месяцев назад +2

    He talks like he's on double speed😅

    • @shsh-he5qg
      @shsh-he5qg 5 месяцев назад +5

      Most Irish talk like that 😂 I personally love the Irish accent

    • @dimebag505
      @dimebag505 5 месяцев назад

      @@shsh-he5qg I am half Irish, I know, but he was extra fast😅

    • @shsh-he5qg
      @shsh-he5qg 5 месяцев назад +1

      @@dimebag505 because he’s real 🤣

    • @ifwecouldvote
      @ifwecouldvote 5 месяцев назад +3

      No, the English are on 1/2 speed 😉

    • @craigpardy6204
      @craigpardy6204 5 месяцев назад +1

      I'm fully irish, he's a nordie,they talk way faster than us, but the further north you go the slower they get. Almost a cartoonishly slo-mo style.

  • @jayantchaudhary177
    @jayantchaudhary177 5 месяцев назад +1

    is that accent Chinese?

  • @garypollard1821
    @garypollard1821 3 месяца назад

    An Irish man in a badly fitted, shiny suit: I'm out.

  • @daveflyinghigh3209
    @daveflyinghigh3209 5 месяцев назад +1

    What a sausage

  • @gabby811ify
    @gabby811ify 5 месяцев назад +1

    This guy is such a toy

  • @aidankelly840
    @aidankelly840 5 месяцев назад +1

    Hes millionre to day
    So good for him
    End of story
    It's all about the 🐴

  • @Leewoods123
    @Leewoods123 Месяц назад

    His accent is SO irrritating!

  • @Ladyfloats
    @Ladyfloats 5 месяцев назад +20

    This is a billion dollar company now btw

    • @BenjaminGoose
      @BenjaminGoose 5 месяцев назад +23

      No it's not, stop lying. It has a net asset worth of about 3 million.

    • @ifwecouldvote
      @ifwecouldvote 5 месяцев назад +3

      Yes, this is a young Michael O Leary.

    • @sosolid4u10
      @sosolid4u10 5 месяцев назад

      Yep

    • @punchtalestudio
      @punchtalestudio 5 месяцев назад

      🤡

    • @beeble2003
      @beeble2003 5 месяцев назад +9

      @@BenjaminGoose I don't understand why people post these comments. If it was true, there'd be a point. If it was entertaining, there'd be a point. But it's neither.

  • @dimitriousdrake
    @dimitriousdrake 5 месяцев назад +3

    Dragons missed out, this company is now worth 100 billion, billion. Guy is currently running a private courier service to Mars and South Korea

  • @mad-cyantist3159
    @mad-cyantist3159 5 месяцев назад +1

    Apparently they are a Horrible Company with Terrible customer Service.

  • @PeterpanSyndrome_
    @PeterpanSyndrome_ 5 месяцев назад

    OmG hes annoying.

  • @lemonjellies4985
    @lemonjellies4985 5 месяцев назад

    The bargain price cheap suit and tie he was wearing is all I needed to see even before he started speaking

    • @WattzArtist
      @WattzArtist 5 месяцев назад +6

      So you judge a book by its cover? This man is still in business btw

    • @robs5855
      @robs5855 5 месяцев назад

      Indochino!

    • @TheManInBlueFlames
      @TheManInBlueFlames 5 месяцев назад +1

      It isn’t compared to what you wear! This was quite an expensive suit for the time it came out!

  • @vonder7
    @vonder7 5 месяцев назад +2

    Not everyone knows that this guy is now worth over 1 Billion ! And that’s on a bad day.

  • @sosolid4u10
    @sosolid4u10 5 месяцев назад +1

    Company is worth billions now

    • @beeble2003
      @beeble2003 5 месяцев назад +4

      Why do people post comments like this? It's not informative. It's not entertaining. So what's the point?

    • @stanvanillo9831
      @stanvanillo9831 4 месяца назад

      Trillions I heard

  • @Strimbles
    @Strimbles 5 месяцев назад +4

    Look at the fake comments on this thread

  • @jimyinam2464
    @jimyinam2464 5 месяцев назад +1

    There egos are dogshite