Episode 2 Be Your Own Boss

and grenade attack in Greater Manchester. Two men have been

arrested over the deaths. Changes to domestic violence laws

in England and Wales. From next year, under-18s will be recognised

as victims. They will also cover emotional and psychological abuse.

Taking too many painkillers for headaches could actually cause more.

The health watchdog says taking them for more than 15 days a month

can lead to problems. A 3-0 victory for England's women

against Croatia. It means they're through to Euro 2013. Rachel Yankey

earned a record 120th cap. The wait is almost over - here's

the trailer for the new Hobbit film, starring Martin Freeman and Ian

Mckellen. An Unexpected Journey is the first of a trilogy. It's due

out in December. I'm back after Be Your Own Boss,

Apology for the loss of subtitles for 56 seconds

THIS PROGRAMME CONTAINS SOME STRONG LANGUAGE.

Last time. There is no chicken? Richard picked

the first three ideas he was willing to back.

Well done. Fr a dizzy few weeks...

business plan did not make much sense. I can't invest.

Only one bagged investment to the life-changing tune of �50,000.

Wow! Which three ideas is he going to take a risk on this time? Meet

Richard Reed, the smoothy behind Innocent Drinks. He is Britain's

hottest entrepreneur. He is on the hunt for the business stars of the

future. The mission is simple. We want to

spot, support invest in a whole new generation of entrepreneural talent.

He has set aside up to �1 million with nationwide and help you to get

a slice of it. You have to have a good idea and be

prepared to work really hard. 500 hopefuls will get the chance to

pitch their ideas to Richard. From the dazzling... I absolutely

love it. To the diabolical.

It is an awful idea. Each week, he is to pick the best

three. It is about the idea, but mostly

about the team. To put them through their paces.

You have to think about it as an entrepreneur.

I want to work for myself. It is either a crazy invention or a

brilliant idea. I don't know how to run a business.

They are not thinking big enough. Before deciding who is good enough

to win a once in a lifetime investment.

Why no sales? Why no orders? You have miscalled it on team, strategy

and valuation. I can't invest. A rainy weekend in London. Huge

lines of people are gathering to meet one man.

Richard made his fortune when he helped to found one of Britain's

biggest brands, Innocent Drinks. We are flat out, I believe, the

best country for entrepreneurship in the world. We are going to show

that today. So great is his faith, in an hour's

time the doors are to open on this vast arena. 500 hopefuls will

compete for Richard's business backing.

What there is all of empty booths. Each one has the name of the

businesses on top of them. Each one of those there is a story, a team,

an idea, a dream. I want to meet them.

In a show of confidence, he has handed over �100 to each of the

hopefuls. To see if they can turn a profit. A

total give away of �50,000. What they did to make money was up

to them. Where is the nearest bookies?

were keen enough to film it. Some went the conventional route...

Others, not so much... And now they've been invited to meet

Richard in person. I think that the majority are going

to turn up, have done well with the money and will have some great

ideas, but I could end up at the end of the day �50,000 poorer. That

is a possibility. We will find out soon enough.

It is all or nothing for the eager beavers, but will any persuade

Richard of their money-making pro ten shall.

Our business is amazing. You will love working for us. We will be

naked! Everything we do is nut- based.

My happy helper... Invest in us it will be the best thing you have

ever done. Choose uz! We are the next big thing.

Mixing it up! Let's go. For Richard, whose reputation and

fortune is at stake, this is a hell of a risk.

You don't know until you have heard the pitch and met the people. Some

will crash and burn, but some will make it.

The hundreds of nervous hopefuls know that the green light from

Richard could change their lives forever.

Yesterday I got in the shower with my underwear on. I was so nervous!

No too bad. Getting there. It will be life-changing to get

that investment. Life-changing. Let the pitching begin.

CHEERING AND APPLAUSE First to pitch are the Sugar

Dollets. The modelling agency who think they are too sexy for their

shirts, and their trousers! They want to create a frisky,

international brand, but will Richard be seduced enough to part

with the cash? I have been told it talk to the models.

Hi... Hi... OK, great. Oh, I did not shake your

hand! Who is doing the pitch? Basically this is a model for any

type of client. A promisow model or a high-fashion model, we have got

Who are you turning over? We are getting turnovers of 400, but we

need more advertising. I can see Morecambeing out of it.

You have racy pictures there? some are glamour it is like a

Playboy, but not pornow. I don't know what you are referring

The Dolletts are delighted with the pitch, but what does Richard think?

That is a flat "no". I don't feel comfortable with that. It is

getting too close to adult stuff. It is not where I'm at.

The second business it pitch may have what Richard needs. Friends

Alistair and Johnny are cleaning up with customised shower gel.

I have my weaker moment in the shower.

I was picking between the shower gels. I realised that the

ingredients were the same. Maths teacher, Johnny is giving up

his day job to concentrate on the winning formula.

But will their pitch win with Richard? You are winning on arpblg

nalility and look. -- originality and look. Alistair... Johnny.

What is it? This is the future of toiletries.

Good margins? Great margins. To produce this costs �1, but we sell

it for �4. You are a maths teacher? Yes.

You are? Engineer. You are in full-time employment, if

I give you the money now, what? will be free to go at this full-

time. You will hand in your notice?

I have a product that seems to sell. I have to take the chance and go

for it. Good for you, man. Well done.

Cheers. I think that Richard was impressed with the idea it is

original and innovative. It is interactive so it is new to the

marketplace. They were flat out likeable. Do I

think that idea is going to make it all the way to being a long-term

sustainable business? I think it could do.

From the hundreds here, Richard is looking for three big ideas to

invest in. They could be anything from amazing inventions... To

quirky concoctions... That tastes nicer than it looks.

Traditional dancers... To cheeky chancers.

I like it. It is wicked. Everyone has their

own thing. That is what I love about the entrepreneurs, they do

what they want to do. I love your shirt. Great to meet

you. Thank you. Richard is circling the epxo on the

hunt for the three killer ideas. It is sink or swim time for 24-year-

old Ross. He is a vacuum coastliner -- cleaner designer, he has

invented a craft that could save swimmer's lives.

I love the product. I need the help to create it into a business. I'm

dead excited. Yeah. But will he be able to reel Richard

in? How is it going? Fantastic, thanks. Mate, this looks great,

what is it? It is a rescue aid for the life guard. I designed it.

You bull yourself like that through the water? Yes, you put the

casualty here. You can be the casualty across me, an monitor what

is happening while we shoot through the water.

Any ideas as to how to make it and what you sell it for? I am looking

to sell it for about �3,000. You have tested it? I have tested

it with the RNLI and had great feedback. Now I want to make the

next prototype, really. It looks great. It is a good-fun

project. The best thing is I get to play with the board in the murky

waters of Skegness. He was such a nice guy.

But, will Mr Nice Guy put Ross in the top three? I am excited by this

guy. He is a product engineer. He used to be a life guard. He has put

it together, built the prototype, he has tested it and he has someone

interested to buy it. That is something to get excited by.

With hundreds of pictures to get through, with a serious amount of

cash at stake, Richard has drafted in help.

From make-up to marketing, to App developers, between them, these

entrepreneurs have it covered. They are working with Richard to sift

the no-brainers from the total non- starters.

It is an online record label. So, sleep, relaxation, even music

for dogs. Music for dogs? That may seem like a crazy concept...

Possibly barking! How much revenue has it generated? About �256789

Kerching! Hmm... The incentive to the suppliers will be...

guessing that is not good? Over lunch a worried Richard checks in

with the team. Do you think we will find some that

are worth investing in? To put up the cash for? Yes. Definitely.

That is why the process is important. You sift through those

who want to use it as a hobby, and those who want it as a business.

There are the rough diamonds that need the help too.

Yes. Every single big business started with a couple of people and

a small idea. But finding the three big ideas is

a tall order. We have a lot of work to do.

Fortunately, we have a boat-load of people left to see.

While I am worried, I still am optimistic as I know how it works.

You can see ten duff ones then one you get excited B I have to get out

there and find them. First to pitch a are two nervous

boys, but there is a twist. So, the whole set here.

They are doing it in front of Richard's business partners.

We are Jeff and Adam. This is Twist. A healthy fast-food restaurant that

offers the client the chance to create their own pasta pot. We have

repeat customers, it proves an established market in Huddersfield.

Did you say Huddersfield? Yes. That's where I am from! You are

probably related! (would you like to try some? What is the story? You

met at college? We met at university.

Did you leave university? Yes. That is a good effort. It takes

some money. Where did you get the starting money from? With the Twist,

we are funded by ourselves and the bank, but that will limit the

quality of the equipment that we make this with. With the investment

from yourself we would like to give the customer a consistent product.

What do you think, guys? Is it OK? Very tasty.

We have to get it up out of student food mode. Is there something to

sex it up a bit? We are doing lasagnas. We are also do pasta

bakes. Although they can be done, we can't do them as quickly at the

moment. Twista Pasta Bar. They are

entrepreneurs. They are getting out there, they are making something

happen. I am having a whoosh at the moment it is all it takes. You only

need one. It is like panning for gold. You get a load of silt, then

what is that sparkling thing? It turns out it is a couple from

Huddersfield! But what about this bloke from Essex? He has brought

along his business partner, Pop... Are you Olly Pop.? Yes, I'm Olly,

Pop is a balloon. We are an Olly Pop. Do you have a film? I have.

We get messy. We dress up. We have lots of fun.

OK. I get it. I mean, what do I think? I think...

It's amazing? It is brilliant, I'm in? How do I invest on that?

talk about a pilot. So I would be funding the pilot. I

don't think that is investable. That is like me paying to help you

write the business plan. Sorry to be blunt. I believe in you as an

investor, but I can't invest in you and the pilot tape.

Good luck, mate. I think I did OK. Yeah, no, it didn't go OK! As

Richard rapidly runs out of time to hear the pitches. Some people are

resorting to extraordinary measures to get attention.

We have the tools to get into your car. I have eaten a lot of cheese!

I really honestly think that the Prime Minister should come here and

just see the young British talent that there is in this country.

Finger s crossed, he's enjoyed our pie! Why is that funny? I don't

know! Richard's last pitch of the day comes from a determined fashion

graduate, Lily. I'm Lily.

Tell me about this It is a quality women's sports brand but fashion

led. So a lower price point too. Where do I buy it? I am going to

sell it online. I have spoken to young designers,

they are interested in it. We have done a website with the money and

started to sell from that. It is brilliantly exclueted. A

combination of street and sports way.

It is like a future version of Stella McCartney. These lines are

hard to execute. On her jacket, this is hard to execute. The

manufactures that we use can do this. So this is great.

I think it is a really good idea. Thank you very much.

Thank you for coming in. She certainly had the gift of the

gab, but will Richard make Project Lexyi one of his magic three?

anyone meet Lexi? Yes, amazing. Performance sport and fashion has

been done Sweaty Bety, Stella McCartney, but no-one has done it

at a younger Top Shop, funky. The design was amazing.

After a fun and frantic day of pitching, the hundreds of hopefuls

start to make their way home. We're going to go! And Richard is

left alone to decide which three ventures he is willing to take a

risk on. To go from the big long list and

get down to a much shorter list, that is hard.

It is harder than I thought it was going to be.

Business, the businesses here, mainly I have say no to them. You

have to find the ones you really A few days after the expo and

Richard's finally picked his top three, who he know -- now wants to

meet. What he has not worked out is how much seed capital he wants to

give them. The seed capital is a little bit of

money to give them to help them get started. It comes down to how much

they want and what they use it for. Richard has set aside up to lbs 500

,000, but who will be the first to prise it off him. --? First up it

is Ross. He is an energetic graduate for Loughborough

University. Ever since being a kid I've been making stuff, going on

adventures, plotting to start up crazy businesses and go and take

over the world. Before I started university I was hit by a white van,

I broke my leg quite severely. I was really lucky to survive that. I

use that as motivation to drive me forwards. I feel like I need to do

something great and I need to do something big.

I'm pretty sure you have gone past the shops, there, Ross.

Do you have a sense of the market size for this thing? In my eyes

there are two markets. The life- saving market, but how I have

designed this is to have it in two halves to use the chassis and the

motorand the hull and then have different lids so you can have a

recreational toy or the life-saving version.

OK. I love this and I'm nervous about it, but I would rather play

to the upside rather than worry about the downside. So give me a

sense of how much money you need? The initially seed capital I would

need to make the next prototype. How much? About �3,000.

I'm leap to do that. I would need to see real evidence of demand from

life guard services. Sure. Well done, mate. We will be talking.

Cheers. It is just great to hear someone like Richard who is

enthusiastic about the idea, to believe in it, really. So, yes,

great. One day, two places to go. Who is

next? It's Twist. Two boys, one healthy fast-food vision.

Sports mad Adam and Jeff are students at Huddersfield university,

like men everywhere, they only have one thing on their minds? How can I

make pasta quickly? What? I met Jeff out on a night out. I met his

twin brother. We had a bit of a disagreement.

He was head-but theing people. there a right wake to take a head-

but the. I went to Jeff and we started to

get on. We knew we would work together. It was just finding

something to work on. Give me a sense of what money you

want now and what it would be used for? We really want the �5,000.

I don't think anybody doesn't want that? It will ensure that our

customers receive a consistent service.

I'm not going to give you the full �5,000, but I will put in �3,000.

My concern is the quality. Iate at the show what I cook at home. You

have to get above that level -- I ate.

Secondly, I want a understanding of where it is pitched in the market.

If you can't do that, it will be the end of me being a part of your

business. Alright? Good luck with it all.

Get in! Yeah, get in! There is one spot remaining. The person to fill

it is at the other end of the country. It is sportswear designer,

Lily. Hello? Hello is that Lily? Yae

it is. Cornwall, better known for the

pasty prow yes, sir, than the pasty couture it is home to Lily and her

sports brand Lexi. Since leaving university I have

worked in training and designing kit for the referee's kit for the

Premier League. I have worked for Manchester City. I think to give up

a graduate job where you are well- paid, in a recession, that is

ridiculous, who would do that? Only a stupid person would do that.

But Lily is not stupid. Ambitious, yes, but definitely not stupid.

When this company succeeds, which it will, do and I end up employing

mum, and I will do, she is not working on design, mum puts

feathers on things and fur. Lily told me when she was eight that she

was not going to just abdesigner, but she was going to have an empire.

We are counting on that! How much money would you think on getting

and what do you think of investing it on? I would like �2,000 for

samples. �1,000 for a photo shoot and a further �1,000 would be, I

guess you could umbrella it as branding, but I would Tuesday for

the website. The most important thing is the

product. Getting the samples made and getting them in front of buyers

is more important than to be focusing on building a social

platform on a website. If you are happy taking �2 ,000, sorry �2,800,

and get the samples and get the presentation out there in front of

people. I would like to support that. That sounds great.

For that I want to see a proper, credible business plan and that

your designs translate into the sales. Totaly! Alright. We're in

business. Brilliant have a great day. Oh, crap.

Oh, my God. Did I mention I don't know how to run a business?!

Actually, she's not even joking. Lily, like the others has six weeks

to learn how o to -- how to be her own boss.

This week, I know about the food, the others I know less about

engineer and fashion, but I am keen to learn. All of them have lots

ambition, but they have to persuade me on that the ambition for me to

be able to invest. Loughborough, Ross, Richard grave

him �3,000 for the prototype for the life-saving device and to ask

him to prove there is is a market for it. So Ross calls the royal

national lifeboat institute. The last use of the product is has

developed on a lot since then. If, I wonder if you can give me that

opportunity to show it to you, to talk you through it and we can take

it from there? Whether it is yourself or somebody else with the

RN lifplt that I can speak to? RNLI.

It doesn't sound like it is going well.

Cheers, Rob. Goodbye. That was a bit of a disappointing phone call.

He was basically saying that he thinks that the market is better in

the recreational sector. It is not something that the RNLI are

interested in at this time. Disappointing it is a Titanic

disaster, Ross, but he is not sunk yet. He decides to switch focus and

finish the prototype. He consultants John Tyra about the

design. He could do with a boost. So, professor, what is the verdict?

I'm intrigued as to why you put the prop at the front. They normally

put it at the back for a good reason. How do you deal with the

injured? The issues of visibility. You don't want this driving into

something? We have two days left before I send it off to the

manufactures. So if I move it from there to there, I have to re-design

the whole thing? And... Your problem is? Oh, that could have

gone better. With no market and a faulty design, it looks like Ross'

rescue vehicle is dead in the water. In Huddersfield, the Twist boys

have taken Richard's device and used some of the money he gave them

to improve the pasta sauce. Today they are seeking the ultimate stamp

of approval from one of Britain's top chefs.

There are three or four sauces that I like myself. We like all of them,

not three or four. No, I like four. The other two are

Only four? Think bigger, lads. Aim for the stars, Michelin ones, that

is! Today's tasters are Steve Smith and his chef.

He cooked a pasta nicely. It is aldente. What I say with the tomato

one is... Wait for it... texture is nice and the consistency

of it. The only thing I get is that it tastes like... Prima vera...

Tinned tomato... Hmm, that is a Gordon Ramsay-sized F-up.

In Cornwall, Lily is using Richard's moan to create a sport

collection in six weeks. She on the design first.

It is something I have always wanted to do. It is why with

Richard's help I can try this now. He has set the bar high, so I am

going to push really hard. Will Lily's designs work? It will

be really, really important. If it is wrong we might be screwed.

Like, if it is dramatically wrong, or I hate the design, then we are

up a creek without a paddle. Lily has got her friend to see how

the clothes fit on a real woman. This is it, the time to make

adjustments before the final samples are made up. Right, I feel

sick. Hiya! Sorry, Beth, I am just going

to analyse your bum! The stitching is coming through... They feel

comfortable? OK? Yep. That's a bit high. Can we try to even this?

Maybe I can get you a boob job? What is cheaper? You changing the

pattern or a boob job? Lily clearly has lots of creative design talent,

but the real question is can she create a collection in real life

that people want to buy? Cautious about the way that the samples have

come together, Lily faces her last design choice. The all-important

logos must be attached. There is no going back once they are on.

Do the small one on the right sleeve. On the back? I didn't plan

these type of things. This is what you are supposed to do when you are

designing, Lily! Is that straight? Oh, Christ! Blimey, anyone else

feeling stressed? Lily made it through, but there is no more time

now and no more money. Over in Loughborough, Ross has been

hard at work with the new designs for a second prototype, but he is

still without a buyer and a worried Richard summons him to London.

I feel like I'm going into anything today it could be good or bad. I

have no idea. So I think I just have to take things as they come

today and roll with the punches. Don't worry, Ross it could be good

news. In London, Richard has called on

his pal, Richard Branson, to see if he can help save the water rescue

vehicle. I must be getting to the age I

can't get in anymore. Here we go. Little does Ross know he has two

Richards for the price of one. We are going to see ASAP. He has

invented a motorrised life-saving device. He is either brilliant or

crazy. I can't tell which. I think anyone who starts a business from

scratch, there is a thin dividing line between success and failure.

I wonder if Ross will get in a pickle at the sight of Richard

Branson? Good to see you. Nice to meet you, Richard.

So So, you don't look like a life guard? Is that what you were doing

before? That's right. I trained as a life guard at Loughborough

University. Have you built a record? I have built a prototype.

At the moment we are building a second prototype.

I thought you were going to bring it today? No, we had to come on the

train. Do the trains not allow you to carry these things? I know you

are finding it difficult, you have had a couple of nos. Anyone with a

good idea like this will be told by most why it is not possible. If you

really believe in what you are doing you have to keep ploughing on

until you find somebody who believes in you.

Once you have one or two sold, the first life rescued, you can get the

ball rolling. One of the challenges that I am facing is how to reach

the international markets from Britain... If you painted Bondi

Beach on it, I would put it on a Virgin Atlantic plane to Australia

if you can go around with pictures of this on Bondi Beach with

Australians endorsing it, it will be an easier sell most likely back

there than here in Britain. I don't think you can get much

better than Richard Branson flying it. That is great. Great to see you.

Thank you for coming down. Wow! That was... By far one of the

most amazing things ever to happen to me. Even just to meet him is

sort of one of the best things I have done in my life so far. The

only trouble is now I feel like I'm at the top. I don't know where I am

going to go from here. Have you been to Bondi Beach?! No? Never

been to Australia. Oh, fuck! Are you married? Yes.

That's why I'm not going now! Adam and Jeff are ready to test

their sauces on the good people of Yorkshire. Forks at the ready. What

the boys don't know is that there is a surprise taster on the way.

My concern has been over the quality of the meal that they are

serving. The pasta at the expo was fine, but nothing more. You have to

do better than that in this day and age.

Echoing a stunt that Richard pulled when he started his Boyce, the boys

put their product to the taste test. We are seeing which the public

likes best. If not, we will have to revalue wait things.

Brace yourselves, boys for the stampede. Hang on, we have a bite...

Where is the "no tasty bin" Not a great start. Too much tomato.

Not those tomatos again. Too much lime.

Looks like they need a "not so tasty bin" Yes? No? You should have

that in veryy testy. The yes keeps on coming. Just in

time too, as the surprise taster has arrived.

Hello. Hello, Richard. Fancy seeing you here.

I heard you were doing this. I just thought I would pop in to try them.

Help yourself. We have worked with a Michelin-star chef. This is the

standard you are snefrbg This is what we have gone to the

manufactures to produce, yeah. Richard is stuffing his face, too

busy to comment. It is packed out.

This is a indicator. The tasty bin is winning at the moment.

The good people of Huddersfield have spoken, but loudly enough to

convince Richard? It must be cheap pasta and a bit of extra something

else. I don't know if they have found the X Factor moment yet.

It is show time. Lily is photographing her collection.

My boyfriend is now feeling up the model! Focus! She decided to sex up

the new range by cheekily feeding in samples 6 her older work They

are more high fashion. They give it an edge. So we have the new legs s

on, but with a new collection top. But when she updates Richard on the

process, will he love the new budget designs as much as the

sexier samples? It is hard to guess what Richard is expecting. I can

only fulfil what he asked me to do and hope, really.

How it is going? It is crazy. Someone told me you are flat out?

Yeah, I can show you the images from the photo shoot.

Great. This is from the Lexi shoot. We

shot in a boxing gym here. She was really kicking the hell out

of the bag. Are you making those? These are from the Sri Lanka

collection. I could not produce these for the level that I want to

go for. They are brilliant. They are

amazing shots. Amazing clothes as well? Aren't

people wanting to buy these? can, but I would need more

investment to start up. I would need higher margins. It is the same

as any business, you can go as high and as low as you want, but it is

finding the gap in the market. What you feel passionate about.

Lily is sticking to her guns with the lower-priced line, but the risk

is she could lose Richard. She is ultra high risk. A single

person who is dead young, dooing something they have never done

before. It is as risky as it gets, but I like her. She is ballsy. She

does not take shit from anyone. It is refreshing to have that.

She may be ballsy, but will he back her the next time they meet? With

interest from Australia, courtesy of Richard Branson, Ross is ready

to give his new prototype a dry hump... Sorry, I mean a dry run.

Then the life guard comes on top. Sorry about this... What did you

say? Sorry about this. Hold the handle here and swim with the

casualty r casualty back to shore. Then the life guard goes on top

again, pushes down on the board and then drives on like this.

Time to get wet... Is it just me or is Ross' device getting bigger? And,

oh, yeah, baby, it moves! But can is save poor Tom from drowning?

Here he is, he is going to save him now. Careful of that propeller. Get

him... If you want to save him. There seems to be something missing

in the rescue craft here... That is the ability to rescue people.

Leaving Tom for dead, Ross cruises away. Time to start thinking of a

third prototype? High five! In a matter of days, these young

entrepreneurs will have to sit in front of Richard and prove that

they each have what it takes to be their own boss.

Lily is putting the finishing touches to her portfolio, but will

the budget designs make her a serious contender for cash? I think

that the product is brilliant, but it is very outside of Richard's

area of expertise. It is whether he feels he can be passionate about it.

Ross works on his prototype and scouts the globe for more potential

buyers. This looks interesting. If you

can't get the funding there, come to South Africa.

In the time they have left, the Twist boys must put themselves on

the High Street and prove to Richard they are not just playing

at pasta. I can't see myself working for

someone else, making them money when we can do it ourselves. The

world needs dreamers and dors, but what the world needs is someone who

can do. That is what the world needs,

someone who can make their business D-day. Will any of the young guns

prove worthy of Richard's challenge? We have done so much in

the past few weeks. It's the biggest thing we have done. Fingers

crossed. I'm hoping I have done enough. Without investment my

business can function. I can't make it happen. I have put everything

into this. Today is perhaps the beginning of something great for me.

They wait while Richard takes one last look at their business plans.

This is important it is serious. It is real money. I'm not going to

invest in someone because they are nice or they might be a bit of a

laugh. It is business. It's a perfect opportunity for you

to become a partner of hopefully one of the leading healthy food

franchises in England. That is what we want to create. It will be a

business that will turn over millions and make a huge amount of

profit. How? Let's talk about the market? I

said that I need convincing that there is a market for it? I have

plotted out the top five territories where the market is

biggest and where the business should hit first and market on

where every life station is. have convinced me that there are

lots of life guard stations in the world, but I'm not convinced that

they want to buy one of those things? I had a great meeting with

Dave Bamer in South Africa. He is the chairman of seven life guard

stations. He is interested in being the first distribution of the

product. Did he give a sense of how many

units he could sell? I did not think I could push that at the

conceptual stage. You said you are not good on the

business side, how are you going to build a fashion business, rather

than be a fashion designer? Doing the business plan has been a good

learning curve for me. It is going to be an ongoing learning curve,

but I am 24. So there is time. There was a difference between the

original designs and the first collection. It does not look like

stuff I have not seen before? are very different collections. You

can see the clear angles and the lines going through. For me to

produce a collection like the Sri Lankan one with prints, etc, it

would have been impossible. What is it that your business is?

It has changed slightly. We are now a healthy fast food chain. We feel

that pasta is the major selling point. There is no other outlet out

there that offers hot pasta a an option.. You said you were a

healthy pasta chain. You said you were a sandwich bar with that USP,

which is it? The same to be a fast food chain but the core is the

health with the pasta and the salads.

I can't work out which is which, but you are going to basically sell

hot food from cold food establishments? Yep.

Can we talk about you? You would be doing this by yourself, would you?

That's right. I think we need to put together a small team but yes,

it is just me. Do you think you have what it takes

to sort of be the guy out there relentlessly chasing the sales and

getting the deals closed? Yes, I am persistent.

But you were nervous about asking David about the unit numbers you

should sell? Yes, you are right. To get to have the first collection,

to have more of the signature pieces, what does that cost? Well,

I have asked for �50,000. How much does it take to get that first

collection to be business-ready? couldn't tell you like that.

I've put in for �15,000 for product development and �15,000 for

manufacturing. We would use that, but it depends on the factory. It

depends how many pieces I utilise the print across. How much fabric

you use, it depends it is difficult to give you a figure.

I want to work out and work out what I thing is going on. There is

new information that has come to light. Only a few minutes.

answer is "yes", Richard. Just helping you out there.

We just need that break... These, guys, right, they have done more at

the age of 21 than I have, but they are coming to me and saying that

they want to and will be able to build a whole change and franchise

of healthy fast food restaurants. They have not proved that. He has

covered a lot of ground in a short period of time. He has a second

prototype. He has tested. He can make things happen. He has some

seriously good talents. Her execution has not been

brilliant. She's quite a sort of a strong person, part of that is

brilliant, part of that is a bit of a worry.

It's going back to do I believe in the potential? Is it worth

investing more money to give her a Right, boys. Sorry to keep you

waiting. That's OK. We are just a nervous wreck! Don't be. I

understand it is important. It is a tough decision. You really strike

me as guys that mean it. You are receptive and responsive to the

feedback. You seem to be on the upward trend... So here's the deal,

right? I will invest �50,000... Yes! Fantastic stuff. Thank you

very much. Alright? Get in! Well done. We're in business.

Thank you very much. See you. Good luck. So the next

time I will see you will have all of the pasta in Huddersfield.

has not sunk in properly. So happy. So, so happy. We have his expertise

on board now. What more can we say? It will be incredible now.

Ever since I was about 16, I knew I wanted to own a business. We have

progressed it so much. This is just another level.

They strike me as guys that will do a good, solid job. They are really

young. They are ahead of the curve of what most students have achieved.

Hi, mate. Sorry to keep you waiting. That's OK.

So, when I look at the actual investment opportunity it is a hard

one. Actually it will take a lot of money to get up front, to get to

sell the very first one. Sure. If the market is not there, that is

a sunk cost we can never get back. So I have to ask myself, do I

believe that the money to be invested to get it from prototype

to real life and I really need to believe that to a high level of

confidence to be able to invest... And the trouble is, mate, I don't.

So, I'm afraid I'm not going to invest.

OK. No worries. Listen, thank you for everything.

Yeah, thank you. I really appreciate you time. This six weeks

for me, I really showed myself that I will do whatever it takes and

that has made me realise, well, maybe if I can do this, well, what

else can I do? OK. So, I think that the stuff you have manifest sod far,

I think it's good and I think you are capable of doing great.

I will invest �25,000 to give you the opportunity to get your first

collection to be the best representation of what your e

thousand -- ethos of how it works. What is it with you, giving me half

the money all the time?! I want you to do your best. Well, let's not be

hasty here. OK. OK. Deal? Deal.

All right, nice one. Well done. Next time I'm asking you for

�100,000. Your poker face is quite good! At

least I now have a foundation to build on. So positive.

I have to say, I just was not expecting that as a reaction. Hail

airous! It was basically... It kind of make these like her even more,

weirdly. She's a strong lady! Nothing, and I

really mean this, nothing would make me happier than if she nail it

is with the design and gets a load of customers and I invest in her

really being able to grow the business. I'm giving her the money

to get to the next stage. The rest is up to her.

Next time... Well done. Richard kicks around another three

ideas... That's a rubbish thing for me to give money for.

He make as shock decision... giving you the guy that passed up

on the The Beatles. Before going wild with his wallet...

Apology for the loss of subtitles for 56 seconds

Hi. I'm Sam. Here's our check on the global news channels.

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