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£250,000. | 0:00:02 | 0:00:04 | |
It's an acorn which we want grown into a great oak tree. | 0:00:04 | 0:00:09 | |
Lord Sugar's on the hunt for a brand-new business partner. | 0:00:09 | 0:00:13 | |
If you think this process is tough, it's just got a whole lot tougher. | 0:00:13 | 0:00:17 | |
Over the next 12 weeks, you are out of your comfort zone. | 0:00:17 | 0:00:21 | |
Ready to fight for his funding, 18 inspiring entrepreneurs. | 0:00:21 | 0:00:27 | |
Supply and demand, that's what this is about. | 0:00:27 | 0:00:30 | |
I'm demanding the answers, you better bloody well supply them. | 0:00:30 | 0:00:34 | |
On the table, a quarter million pound investment. | 0:00:34 | 0:00:39 | |
And a 50/50 partnership with Britain's toughest backer. | 0:00:39 | 0:00:44 | |
You haven't used any of your skills, any of your knowledge. | 0:00:44 | 0:00:47 | |
Mistake on that, mistake on this, straight in the bin. | 0:00:47 | 0:00:51 | |
-Hey, Rich, come on! -Let's go, mate. | 0:00:51 | 0:00:53 | |
It's a deal worth battling for. | 0:00:53 | 0:00:55 | |
I sold the most yesterday. | 0:00:55 | 0:00:56 | |
-You did yesterday, but this morning you didn't. -Whatever. | 0:00:56 | 0:00:59 | |
-18 candidates... -Hang on. Ooh! | 0:00:59 | 0:01:01 | |
Common sense prevails. | 0:01:01 | 0:01:03 | |
We're going to be...explosive! | 0:01:03 | 0:01:05 | |
-..12 testing weeks... -I really don't know what to do. | 0:01:05 | 0:01:07 | |
I messed up a bit, didn't I? | 0:01:07 | 0:01:10 | |
..one life-changing opportunity. | 0:01:10 | 0:01:13 | |
You're fired. You're fired. | 0:01:13 | 0:01:14 | |
This is a bad call on strategy. | 0:01:14 | 0:01:16 | |
You're fired. | 0:01:16 | 0:01:18 | |
Previously on The Apprentice... | 0:01:26 | 0:01:29 | |
I'd like you to create your own healthy snacks. | 0:01:29 | 0:01:33 | |
And then pitch to retailers. | 0:01:33 | 0:01:35 | |
..Charleine's superfood bars came with added confusion... | 0:01:35 | 0:01:38 | |
Ba-boo? The Boo-Ba Bar? | 0:01:38 | 0:01:40 | |
The Baobab? | 0:01:40 | 0:01:42 | |
..and ended up... SHE CHOKES | 0:01:42 | 0:01:44 | |
..hard to swallow. | 0:01:44 | 0:01:45 | |
-Do you like it? -No. | 0:01:45 | 0:01:47 | |
The other team plumped for crisps. | 0:01:47 | 0:01:50 | |
I'm seeing the front of a packet with a massive V. | 0:01:50 | 0:01:53 | |
It's basically just vegetables. | 0:01:53 | 0:01:55 | |
But Brett's veggies... | 0:01:55 | 0:01:57 | |
I think I need to put a little bit more olive oil. | 0:01:57 | 0:01:59 | |
It's not mad science! | 0:01:59 | 0:02:00 | |
..saw their chances slip away. | 0:02:00 | 0:02:02 | |
I struggled to open the bag because of the amount of oil my fingers. | 0:02:02 | 0:02:05 | |
In the boardroom... | 0:02:05 | 0:02:07 | |
They didn't place any orders, Alan. | 0:02:07 | 0:02:09 | |
They also didn't place any orders. | 0:02:09 | 0:02:11 | |
No orders also? | 0:02:11 | 0:02:12 | |
..a dead heat. | 0:02:12 | 0:02:14 | |
That's ever happened before. You both lost. | 0:02:14 | 0:02:16 | |
Charleine faltered. | 0:02:16 | 0:02:19 | |
You want to take five minutes and go outside. | 0:02:19 | 0:02:22 | |
Richard pleaded not guilty. | 0:02:22 | 0:02:25 | |
I didn't know the process of cooking. | 0:02:25 | 0:02:27 | |
-You DID know it was dehydrated. You DID know it was raw. -Tricky Dicky. | 0:02:27 | 0:02:31 | |
And for Brett... | 0:02:31 | 0:02:32 | |
So what have you done in the ten weeks then? | 0:02:32 | 0:02:34 | |
Been in the bottom three, three times. | 0:02:34 | 0:02:37 | |
..it was crunch time. | 0:02:37 | 0:02:38 | |
I'm going to have to let you go from the process and say you're fired. | 0:02:38 | 0:02:41 | |
Thank you for everything, it's been amazing. | 0:02:41 | 0:02:44 | |
He became the 13th casualty of the boardroom. | 0:02:44 | 0:02:47 | |
Now, five remain to fight for the chance to become | 0:02:47 | 0:02:51 | |
Lord Sugar's business partner. | 0:02:51 | 0:02:53 | |
One week till Lord Sugar's final. | 0:03:02 | 0:03:06 | |
PHONE RINGS | 0:03:06 | 0:03:08 | |
The phone! | 0:03:08 | 0:03:10 | |
Hello? | 0:03:12 | 0:03:13 | |
'Lord Sugar would like you to meet him in the city at 8am tomorrow. | 0:03:13 | 0:03:17 | |
'Make sure you don't forget your business plans.' | 0:03:17 | 0:03:19 | |
Ahhh... | 0:03:20 | 0:03:22 | |
This is what it's all about now, isn't it? | 0:03:22 | 0:03:25 | |
What business plan?! | 0:03:25 | 0:03:27 | |
Joseph? | 0:03:27 | 0:03:28 | |
What? | 0:03:28 | 0:03:29 | |
For the final five, 24 hours to knock their plans into shape. | 0:03:32 | 0:03:36 | |
Beauty salon package for five times hair salon set-up... | 0:03:37 | 0:03:40 | |
1.25 year two turnover... | 0:03:40 | 0:03:43 | |
Lord Sugar would be happy with that. | 0:03:43 | 0:03:45 | |
Former corporate business manager Gary Poulton... | 0:03:47 | 0:03:50 | |
Competitor analysis, logistics... | 0:03:50 | 0:03:52 | |
..has six years' experience and the UK's biggest retailer. | 0:03:52 | 0:03:56 | |
I have been labelled as this corporate guy, | 0:03:56 | 0:03:59 | |
this Corporate Gary, Corporate G. | 0:03:59 | 0:04:01 | |
..market grown by over 3%... | 0:04:01 | 0:04:04 | |
I need to demonstrate to Lord Sugar I am more than just Mr Corporate, | 0:04:04 | 0:04:07 | |
I am this entrepreneur. | 0:04:07 | 0:04:08 | |
Perfect. | 0:04:08 | 0:04:09 | |
75,000... | 0:04:11 | 0:04:12 | |
At 25, plumbing firm owner Joseph Valente is the youngest survivor. | 0:04:12 | 0:04:19 | |
I don't have a great deal of experience in regards to interviews. | 0:04:19 | 0:04:22 | |
..sales figures... | 0:04:22 | 0:04:25 | |
What's wrong with me? | 0:04:25 | 0:04:26 | |
I think a number of times throughout this process | 0:04:26 | 0:04:29 | |
I've been out my comfort zone. | 0:04:29 | 0:04:30 | |
Come on, Joe, you can do this! | 0:04:30 | 0:04:32 | |
But I've come a long way from that 14-year-old boy | 0:04:32 | 0:04:34 | |
that got expelled at school. | 0:04:34 | 0:04:36 | |
Revenue of the US dating market, 2.2 billion... | 0:04:36 | 0:04:39 | |
Business masters student, Vana Koutsomitis, | 0:04:39 | 0:04:42 | |
is a social media entrepreneur with two internet businesses. | 0:04:42 | 0:04:47 | |
I'm confident in my business plan because this is a passion for me. | 0:04:47 | 0:04:50 | |
I've worked in the dating industry, I've done the relevant research. | 0:04:50 | 0:04:54 | |
..number of online dating businesses, 3,800. | 0:04:54 | 0:04:58 | |
It's crazy. | 0:04:58 | 0:04:59 | |
I know that I can execute it properly. | 0:04:59 | 0:05:02 | |
After last week's loss, | 0:05:02 | 0:05:04 | |
hair salon owner Charleine Wain has a lot to prove. | 0:05:04 | 0:05:09 | |
Being in that boardroom on the last task really got to me. | 0:05:09 | 0:05:13 | |
..the defining feature that differentiates me is low-cost... | 0:05:13 | 0:05:17 | |
The last time I had an interview was 15 years ago when I joined the Navy. | 0:05:17 | 0:05:21 | |
So I am nervous, because I realise that I stutter at times. | 0:05:21 | 0:05:26 | |
But I know I can do it. | 0:05:26 | 0:05:27 | |
Holding the best record in the process, | 0:05:28 | 0:05:31 | |
winning eight out of ten tasks, | 0:05:31 | 0:05:33 | |
marketing agency director, Richard Woods. | 0:05:33 | 0:05:37 | |
I've been project manager twice. | 0:05:37 | 0:05:39 | |
The first task was the best advertising product that | 0:05:39 | 0:05:42 | |
Lord Sugar has seen in a long time. | 0:05:42 | 0:05:43 | |
And the second, we sold £4.2 million worth of property. | 0:05:43 | 0:05:47 | |
They were the two standout tasks, I think, in the whole process. | 0:05:47 | 0:05:50 | |
..net profits - 61,843. | 0:05:50 | 0:05:53 | |
I've got a unique concept | 0:05:53 | 0:05:55 | |
and a business plan that's really cutting edge. | 0:05:55 | 0:05:58 | |
He'd be crazy to pass by Richard Woods. | 0:05:58 | 0:06:00 | |
6am. | 0:06:07 | 0:06:09 | |
-KNOCKING -Morning, Richard! How are you feeling? | 0:06:11 | 0:06:14 | |
Massively confident. | 0:06:14 | 0:06:16 | |
I'm going to win. | 0:06:16 | 0:06:17 | |
-CHANTS: -I'm going to win! I'm going to win! | 0:06:17 | 0:06:19 | |
-You're so annoying, honestly! -HE LAUGHS | 0:06:19 | 0:06:21 | |
-See you later! -See you. | 0:06:21 | 0:06:23 | |
The moustache. | 0:06:25 | 0:06:27 | |
-I think it's time, guys. -Yeah? | 0:06:27 | 0:06:29 | |
Going to lose it, mate. | 0:06:29 | 0:06:31 | |
I want a fresh look, smart and professional. | 0:06:31 | 0:06:34 | |
-Say goodbye to the beautiful face! -GARY LAUGHS | 0:06:34 | 0:06:37 | |
ELECTRIC RAZOR WHIRS | 0:06:37 | 0:06:39 | |
Aah! | 0:06:42 | 0:06:43 | |
You look so different! | 0:06:43 | 0:06:45 | |
-Don't grow it back, mate. -Good. I'm glad you like it. | 0:06:45 | 0:06:47 | |
Yeah, don't grow it back. | 0:06:47 | 0:06:49 | |
At the heart of the City, the Leadenhall Building. | 0:07:07 | 0:07:10 | |
Let's do this. | 0:07:15 | 0:07:17 | |
-Good morning. -ALL: -Good morning, Lord Sugar. | 0:07:35 | 0:07:37 | |
I've already invested a million pounds with previous winners. | 0:07:37 | 0:07:43 | |
I'm about to invest another £250,000. | 0:07:43 | 0:07:48 | |
So today, you are going to present your business plans | 0:07:48 | 0:07:53 | |
to four of my advisers. | 0:07:53 | 0:07:56 | |
And I look forward to seeing you in the boardroom, | 0:07:56 | 0:07:59 | |
where I will be deciding which of you will be going through | 0:07:59 | 0:08:03 | |
to the very final task. | 0:08:03 | 0:08:06 | |
You will now hand your business plans to Karren and Claude. | 0:08:06 | 0:08:10 | |
Waiting upstairs, four of Lord Sugar's toughest taskmasters. | 0:08:14 | 0:08:20 | |
Publishing pioneer Mike Soutar | 0:08:20 | 0:08:22 | |
has a gift for getting at the truth behind the headline. | 0:08:22 | 0:08:26 | |
So you and your brother own an online marketing firm. | 0:08:26 | 0:08:29 | |
It says on your company's home page that YOMP Marketing | 0:08:29 | 0:08:32 | |
-is Surrey's number one digital marketing agency. -Yes. | 0:08:32 | 0:08:36 | |
Is that an award that you've won? | 0:08:36 | 0:08:38 | |
I'm part of a business network and breakfast group | 0:08:38 | 0:08:41 | |
that had a poll of which was the best marketing agency | 0:08:41 | 0:08:43 | |
within that networking group. | 0:08:43 | 0:08:45 | |
-So from a chat around a breakfast table... -It's not good enough. | 0:08:45 | 0:08:49 | |
..you're the number one marketing agency? | 0:08:49 | 0:08:51 | |
It's not good enough, yeah, that's my mistake. | 0:08:51 | 0:08:54 | |
That just appears like more than just a sloppy mistake, | 0:08:54 | 0:08:57 | |
it appears to me to be misleading. | 0:08:57 | 0:08:58 | |
Exposing the people behind the plans, | 0:08:58 | 0:09:02 | |
managing director of a billion-pound media agency, Claudine Collins. | 0:09:02 | 0:09:07 | |
Why does Lord Sugar call you Valentino? | 0:09:07 | 0:09:10 | |
Cos my surname's Valente, the Italian, | 0:09:10 | 0:09:12 | |
and I'm a bit of a romancer. | 0:09:12 | 0:09:14 | |
Are you? | 0:09:14 | 0:09:16 | |
I like to think so. | 0:09:16 | 0:09:17 | |
Hmm. | 0:09:19 | 0:09:20 | |
Lord Sugar's new recruit, no-nonsense Linda Plant, | 0:09:21 | 0:09:25 | |
owner of an international interior design company, | 0:09:25 | 0:09:29 | |
here to test who's tough enough to get to the top. | 0:09:29 | 0:09:32 | |
In task ten, Charleine, didn't you leave the boardroom in tears? | 0:09:32 | 0:09:36 | |
The thought of failure... | 0:09:36 | 0:09:38 | |
-Reduced you to tears? -It did. | 0:09:38 | 0:09:41 | |
But how are you going to behave | 0:09:41 | 0:09:43 | |
running a multi-million-pound organisation? | 0:09:43 | 0:09:46 | |
Going to cry? | 0:09:46 | 0:09:48 | |
And finally, returning to rake through the business plans, | 0:09:48 | 0:09:52 | |
Lord Sugar's right-hand man, Claude Littner. | 0:09:52 | 0:09:55 | |
So do you want me to give you a little bit | 0:09:55 | 0:09:57 | |
of background about why I know there's an opportunity? | 0:09:57 | 0:09:59 | |
Because obviously that's going to be your first question. | 0:09:59 | 0:10:02 | |
Why don't you let me ask the first question rather than predicting it? | 0:10:02 | 0:10:05 | |
It's going to be a long day. | 0:10:10 | 0:10:11 | |
This is the most important day of the process. | 0:10:11 | 0:10:13 | |
I'm feeling confident, though. | 0:10:13 | 0:10:15 | |
-VANA CHUCKLES -Good luck, Gary! | 0:10:16 | 0:10:18 | |
So, Gary's obviously been in the corporate world | 0:10:18 | 0:10:20 | |
for a number of years. | 0:10:20 | 0:10:21 | |
He hasn't got any experience in running businesses. | 0:10:21 | 0:10:25 | |
I think he's going to struggle. | 0:10:25 | 0:10:28 | |
-VANA: -But wouldn't you trust him with your business? | 0:10:28 | 0:10:30 | |
Oh, he's good, there's no two ways about it. | 0:10:30 | 0:10:33 | |
But we're all good, that's the point. | 0:10:33 | 0:10:35 | |
Let's look at your CV. | 0:10:35 | 0:10:37 | |
-You held a number of roles at the UK's largest retailer. -Yeah. | 0:10:37 | 0:10:41 | |
You say you were responsible for a property spend of £1 billion. | 0:10:41 | 0:10:46 | |
That's correct, just over, yes. | 0:10:46 | 0:10:48 | |
It was the largest property development programme | 0:10:48 | 0:10:50 | |
for that business ever in history, | 0:10:50 | 0:10:52 | |
and I don't think it will be repeated again. | 0:10:52 | 0:10:54 | |
It's kind of hard to believe that somebody | 0:10:54 | 0:10:57 | |
with your experience would be in charge of such a budget. | 0:10:57 | 0:11:01 | |
Are... Are you guilty of embroidering the truth a little? | 0:11:01 | 0:11:05 | |
Absolutely not. | 0:11:05 | 0:11:06 | |
I'd say it's one of my key achievements in the business world. | 0:11:06 | 0:11:09 | |
-Your references have said you didn't actually oversee budgets. -I mean... | 0:11:09 | 0:11:14 | |
You could say the CEO of the company | 0:11:14 | 0:11:15 | |
was ultimately accountable for that budget, | 0:11:15 | 0:11:18 | |
but in terms of the day-to-day managing, | 0:11:18 | 0:11:20 | |
the responsibility was mine. | 0:11:20 | 0:11:21 | |
-On your application, it says you led over 600 people... -Yes. | 0:11:21 | 0:11:25 | |
..to deliver this enormous property development programme. | 0:11:25 | 0:11:29 | |
-Is that true? -Absolutely, so in terms of leading... | 0:11:29 | 0:11:31 | |
You were 600 people's boss? | 0:11:31 | 0:11:34 | |
No, I wasn't their manager, but in terms of leading, | 0:11:34 | 0:11:37 | |
600 people danced to the tune of my development programme. | 0:11:37 | 0:11:40 | |
Your reference said that when you left, | 0:11:40 | 0:11:42 | |
you were only in charge of three people. | 0:11:42 | 0:11:45 | |
So what happened to the other 597? | 0:11:45 | 0:11:48 | |
I was actually taken out of the corporate machine, | 0:11:48 | 0:11:50 | |
and actually led a small, isolated special team, | 0:11:50 | 0:11:54 | |
so I went from managing... | 0:11:54 | 0:11:56 | |
Well, not managing, leading these 600 people, | 0:11:56 | 0:11:59 | |
to actually physically line managing just two or three people. | 0:11:59 | 0:12:01 | |
-LINDA: -"I will be a worldwide hairdressing brand." -Yes. | 0:12:07 | 0:12:12 | |
"I will top Toni & Guy." | 0:12:12 | 0:12:14 | |
Very big statements. | 0:12:14 | 0:12:16 | |
Explain your business plan. | 0:12:16 | 0:12:18 | |
It would be a training academy in London with, um... | 0:12:18 | 0:12:22 | |
a fully working salon at the side, and then franchising out from that. | 0:12:22 | 0:12:25 | |
What is your USP? | 0:12:25 | 0:12:27 | |
I am very big with wedding hair. | 0:12:27 | 0:12:30 | |
Have you done any international shows? | 0:12:30 | 0:12:32 | |
Been down in the south-west... | 0:12:32 | 0:12:33 | |
-But even if you're in the south-west... -Yes... | 0:12:33 | 0:12:36 | |
..an international hair competition would be good | 0:12:36 | 0:12:38 | |
for building your brand. | 0:12:38 | 0:12:40 | |
So have you done any of those? | 0:12:40 | 0:12:41 | |
No, nothing international. | 0:12:41 | 0:12:43 | |
I mean, look, I know you've got an award from the local newspaper. | 0:12:43 | 0:12:48 | |
-It's good, but it's not enough. -No. | 0:12:48 | 0:12:51 | |
You haven't got a brand, | 0:12:51 | 0:12:53 | |
you haven't even won a hairdressing competition. | 0:12:53 | 0:12:55 | |
You know, you're going from one small, provincial salon | 0:12:55 | 0:12:59 | |
to opening an academy. | 0:12:59 | 0:13:01 | |
I mean, who's going to know your name? | 0:13:01 | 0:13:03 | |
I'm a long way off of... obviously, where I want to be. | 0:13:05 | 0:13:08 | |
I will absolutely work my socks off. | 0:13:08 | 0:13:11 | |
I would absolutely sacrifice everything... | 0:13:11 | 0:13:13 | |
I think you are... I think you are motivated, I think you're driven, | 0:13:13 | 0:13:18 | |
but that's not what we're talking about here. | 0:13:18 | 0:13:21 | |
We're talking about - are you capable? | 0:13:21 | 0:13:22 | |
Can you meet those aspirations? | 0:13:22 | 0:13:24 | |
I'm... | 0:13:24 | 0:13:25 | |
I'm not convinced. | 0:13:25 | 0:13:27 | |
"I'm not convinced." Yeah. | 0:13:28 | 0:13:31 | |
-She is brutal! -I can see it on your face! -Really? | 0:13:33 | 0:13:36 | |
-You just got torn apart. -Jeez! | 0:13:36 | 0:13:38 | |
She is like, "Who do you think you are? | 0:13:38 | 0:13:40 | |
"What, you say you're going to be this, | 0:13:40 | 0:13:42 | |
"you say you're going to be that? Don't be so stupid!" | 0:13:42 | 0:13:44 | |
Then you go to say, "But I can!" | 0:13:44 | 0:13:46 | |
and she's like, "No, you can't, don't be so silly!" | 0:13:46 | 0:13:48 | |
You wait till you're in that room, | 0:13:48 | 0:13:49 | |
you'll be sweating from every single finger. | 0:13:49 | 0:13:51 | |
VANA LAUGHS | 0:13:51 | 0:13:53 | |
See you. | 0:13:53 | 0:13:54 | |
Joseph has a lot of confidence. You can even see it in his walk. | 0:13:56 | 0:14:00 | |
He's so passionate about his business, | 0:14:00 | 0:14:02 | |
he's almost itching for this opportunity | 0:14:02 | 0:14:04 | |
to get it across to Lord Sugar's advisers. | 0:14:04 | 0:14:06 | |
Come on, Joe, you can do this. | 0:14:06 | 0:14:08 | |
LIFT DINGS | 0:14:08 | 0:14:09 | |
So, you read Lord Sugar's book a few years ago, | 0:14:13 | 0:14:17 | |
-and you say you didn't sleep for weeks. -Yeah. | 0:14:17 | 0:14:20 | |
-Is that right? -It's right. | 0:14:20 | 0:14:22 | |
What it did for me was gave me the inspiration to start my business. | 0:14:22 | 0:14:25 | |
I thought, "Hang on a minute, all I need to do is get my own van, | 0:14:25 | 0:14:27 | |
"make a sign, get a name, start a business, and I can do it myself." | 0:14:27 | 0:14:31 | |
And then within a couple of days, I was ready to go. | 0:14:31 | 0:14:33 | |
Well, that's either a very sincere tribute to the power of his words, | 0:14:33 | 0:14:36 | |
or...it's the most blatant attempt | 0:14:36 | 0:14:39 | |
-to butter him up but I have ever heard. -Yeah. | 0:14:39 | 0:14:43 | |
I've actually got a copy of his book. | 0:14:43 | 0:14:46 | |
So maybe a little test here. | 0:14:46 | 0:14:50 | |
-CLAUDINE: -Vana, your business plan. Tell me what it is. | 0:14:50 | 0:14:54 | |
OK, an online dating app | 0:14:54 | 0:14:55 | |
that focuses on the gamification of dating. | 0:14:55 | 0:14:58 | |
How would it work? | 0:14:58 | 0:14:59 | |
You'd be matched with someone and you'd play a game with them. | 0:14:59 | 0:15:02 | |
How am I matched with them? | 0:15:02 | 0:15:03 | |
You're going to be matched based on age, location, obviously gender... | 0:15:03 | 0:15:06 | |
What kind of games would we play? | 0:15:06 | 0:15:08 | |
We could do brainteasers, for example, | 0:15:08 | 0:15:10 | |
we can do, like, a flying game, where we are... | 0:15:10 | 0:15:12 | |
Pretending to fly? | 0:15:12 | 0:15:14 | |
Yes. | 0:15:14 | 0:15:15 | |
How old was Lord Sugar when he founded Amstrad? | 0:15:18 | 0:15:22 | |
-19? -Yeah, very good. | 0:15:23 | 0:15:26 | |
What was the first commodity he bought and sold? | 0:15:26 | 0:15:29 | |
-Car aerials. -Absolutely spot on. | 0:15:29 | 0:15:32 | |
As you play more games with this person, | 0:15:33 | 0:15:36 | |
-their picture becomes visible... -Clear. -Yeah. | 0:15:36 | 0:15:38 | |
So basically, in the beginning, the picture will be a little blurred, | 0:15:38 | 0:15:41 | |
so you'll be able to see a silhouette, | 0:15:41 | 0:15:43 | |
then your features will become clear as you play more games. | 0:15:43 | 0:15:45 | |
-You'll be able to see who the potential date is. -I... | 0:15:45 | 0:15:47 | |
I'll tell you what I'm struggling with, right... | 0:15:47 | 0:15:50 | |
It's that it takes you right to the end of the day | 0:15:50 | 0:15:52 | |
to actually see that person. | 0:15:52 | 0:15:53 | |
I think after wasting my time finding someone who's very nice, | 0:15:53 | 0:15:57 | |
but totally not my type at all, I'd get fed up and I'd leave. | 0:15:57 | 0:16:01 | |
And who was his first employee? | 0:16:02 | 0:16:04 | |
His first employee... | 0:16:04 | 0:16:06 | |
Um... Was it his father? | 0:16:06 | 0:16:07 | |
Yeah, it was. Very good. | 0:16:07 | 0:16:09 | |
Not Claude Littner! | 0:16:09 | 0:16:10 | |
JOSEPH LAUGHS | 0:16:10 | 0:16:12 | |
"Project X. | 0:16:16 | 0:16:18 | |
"A fully managed and implemented business growth campaign | 0:16:18 | 0:16:21 | |
"that starts with a focused base camp | 0:16:21 | 0:16:23 | |
"to remove the clouds from the client's business growth mountain... | 0:16:23 | 0:16:28 | |
"..so they clearly see the summit they're aiming for." | 0:16:29 | 0:16:32 | |
This is what differentiates us from other marketing agencies out there, | 0:16:33 | 0:16:37 | |
this four-step process strategized with you, implemented for you. | 0:16:37 | 0:16:41 | |
(God.) | 0:16:41 | 0:16:42 | |
Yeah. I... | 0:16:42 | 0:16:44 | |
I'm none the wiser. | 0:16:44 | 0:16:45 | |
It's like a bad 1980s marketing book. | 0:16:45 | 0:16:48 | |
It's mumbo jumbo. | 0:16:48 | 0:16:51 | |
Particularly with someone like Lord Sugar, who likes it straight, | 0:16:51 | 0:16:55 | |
honest, direct - you can't be evasive with him. | 0:16:55 | 0:16:58 | |
I mean, look, the thing is, Richard, | 0:16:58 | 0:17:00 | |
I've been observing you over a long period now. | 0:17:00 | 0:17:03 | |
You're not without ability. | 0:17:03 | 0:17:04 | |
It's just the way you've gone about things | 0:17:04 | 0:17:06 | |
just leads me to believe that you're not... | 0:17:06 | 0:17:08 | |
You're not straight, you've got, like, a little agenda. | 0:17:08 | 0:17:11 | |
-RICHARD SIGHS -I'm just so competitive, | 0:17:11 | 0:17:13 | |
and my focus, I think, | 0:17:13 | 0:17:15 | |
has been very much on making the team win the task. | 0:17:15 | 0:17:18 | |
You HAVE saved the day on a number of occasions, | 0:17:18 | 0:17:20 | |
but I can't shake that feeling off | 0:17:20 | 0:17:23 | |
that you've been a bit slippery and a bit political. | 0:17:23 | 0:17:26 | |
-MIKE: -Let's get into the detail of the business plan. | 0:17:34 | 0:17:37 | |
Your business aims to sell franchises | 0:17:37 | 0:17:40 | |
to gas plumbers nationwide | 0:17:40 | 0:17:42 | |
who want to trade under your brand. | 0:17:42 | 0:17:44 | |
Yeah, to sell the winning formula that I built my business on. | 0:17:44 | 0:17:48 | |
So, in terms of costs, | 0:17:48 | 0:17:50 | |
-you charge a fee at the beginning which is how much? -25,000. | 0:17:50 | 0:17:54 | |
-£25,000, and then 10% of the monthly turnover of every business. -Yeah. | 0:17:54 | 0:18:00 | |
How much turnover did your business have in the last year? | 0:18:00 | 0:18:03 | |
Around 370,000. | 0:18:03 | 0:18:06 | |
So how much would you have had to pay yourself | 0:18:06 | 0:18:09 | |
if you'd been under this franchise? | 0:18:09 | 0:18:11 | |
Um... | 0:18:11 | 0:18:12 | |
-65,000. -And how much profit did you make last year? -I made 60,000. | 0:18:14 | 0:18:20 | |
So if you'd been your own franchisee, | 0:18:22 | 0:18:24 | |
you'd have made a loss of £5,000 in the year. | 0:18:24 | 0:18:28 | |
You've created something where the costs are simply too high | 0:18:28 | 0:18:31 | |
for the franchisee to bear. | 0:18:31 | 0:18:34 | |
Yeah. Right. OK, well, we can look at that, then. | 0:18:34 | 0:18:36 | |
It's the element that, at the moment, | 0:18:36 | 0:18:39 | |
holds this under the water line. | 0:18:39 | 0:18:41 | |
-Yeah. -This is a business plan that is sinking on its numbers. | 0:18:41 | 0:18:45 | |
-SHE SIGHS -Come on! | 0:18:56 | 0:18:57 | |
-CLAUDE: -So, Charleine, | 0:19:00 | 0:19:01 | |
you say that your salon brings in £150,000 turnover per annum. | 0:19:01 | 0:19:05 | |
-Yes. -But the thing is, | 0:19:05 | 0:19:07 | |
having one salon is quite different to having a franchise. | 0:19:07 | 0:19:12 | |
You talk about a training academy, but there again, | 0:19:12 | 0:19:15 | |
you leave me with no clue as to whether this actually makes money. | 0:19:15 | 0:19:19 | |
-Yes. -Cos Lord Sugar wants... -Wants profit. | 0:19:19 | 0:19:22 | |
Training academies are a massive earner. | 0:19:22 | 0:19:25 | |
-How do you know that? -With... | 0:19:25 | 0:19:27 | |
With the successful ones. | 0:19:27 | 0:19:29 | |
For instance, a make-up tattoo course, | 0:19:29 | 0:19:31 | |
if you've only got ten people on your course | 0:19:31 | 0:19:33 | |
and the course is five days, that's 50 grand in five days. | 0:19:33 | 0:19:35 | |
£50,000, very nice if you can get it. Can you get it? | 0:19:35 | 0:19:38 | |
I would need to make sure that I market myself. | 0:19:38 | 0:19:41 | |
I know I will absolutely work my socks off to be an icon | 0:19:41 | 0:19:44 | |
where people will want to come to. | 0:19:44 | 0:19:46 | |
I'm sure that you will work your socks off. | 0:19:46 | 0:19:48 | |
-You put 100% into everything you do. -Yes. | 0:19:48 | 0:19:51 | |
But doesn't it make more sense from an investment point of view to say, | 0:19:51 | 0:19:54 | |
"I've got one salon, do you know what I'm going to do? | 0:19:54 | 0:19:57 | |
"I'm going to build on that salon, and I'm going to get another salon, | 0:19:57 | 0:20:00 | |
"then I'm running two salons..." | 0:20:00 | 0:20:01 | |
I'm here because I don't want to do a low-key business any more, | 0:20:01 | 0:20:04 | |
I want to be big, I want to do an absolute, massive business | 0:20:04 | 0:20:07 | |
with a great financial turnover, and I want to be very, very successful. | 0:20:07 | 0:20:11 | |
Look, Charleine, aren't you just leaping forward with a dream? | 0:20:11 | 0:20:15 | |
It's all a great big wish list. | 0:20:15 | 0:20:17 | |
Thanks a lot. | 0:20:17 | 0:20:18 | |
Thank you very much, Claude. | 0:20:18 | 0:20:20 | |
'I am this small salon.' | 0:20:20 | 0:20:22 | |
But I just need to make them understand that I can make it work. | 0:20:22 | 0:20:26 | |
-Let's do this. -Good luck. | 0:20:29 | 0:20:31 | |
Richard being the one that obviously woke up this morning saying, | 0:20:32 | 0:20:36 | |
"I'm a winner, I'm a winner, I'm a winner!" | 0:20:36 | 0:20:38 | |
I feel like Richard's got to make sure that confidence | 0:20:38 | 0:20:40 | |
doesn't get portrayed as arrogance. | 0:20:40 | 0:20:43 | |
Hi there. | 0:20:44 | 0:20:45 | |
Project X. | 0:20:46 | 0:20:48 | |
Sounds very intriguing. | 0:20:48 | 0:20:51 | |
It's an outsourced marketing department | 0:20:51 | 0:20:53 | |
that grows small businesses. | 0:20:53 | 0:20:54 | |
There's a lot of marketing agencies out there, | 0:20:54 | 0:20:56 | |
and therefore having this unique four-step business growth concept | 0:20:56 | 0:20:59 | |
of climbing up a mountain allows me to articulate | 0:20:59 | 0:21:02 | |
why we're different to other people. | 0:21:02 | 0:21:05 | |
-So is that what this... -Yes. -..is there to represent? | 0:21:05 | 0:21:08 | |
And so this concept here is unique? | 0:21:08 | 0:21:11 | |
This concept is unique... | 0:21:11 | 0:21:14 | |
It's not unique at all, though, Richard, is it? | 0:21:14 | 0:21:16 | |
Because you've already posted this on social media before. | 0:21:16 | 0:21:21 | |
What you're suggesting here, what you're trying to sell | 0:21:22 | 0:21:25 | |
to Lord Sugar as being a completely unique approach, isn't. | 0:21:25 | 0:21:29 | |
It's something which has the branding of your current company..? | 0:21:29 | 0:21:35 | |
This is a positive thing, because this product has been tested, | 0:21:35 | 0:21:40 | |
and has got a track record we can work forward, and then that... | 0:21:40 | 0:21:44 | |
Richard, Richard. It's not original, it's not unique. | 0:21:44 | 0:21:47 | |
This is from the marketing company | 0:21:47 | 0:21:48 | |
that you own 50/50 with your brother. | 0:21:48 | 0:21:51 | |
-You've been rumbled. -I... | 0:21:51 | 0:21:53 | |
There's absolutely no rumbling. I... | 0:21:53 | 0:21:55 | |
I know Lord Sugar has called you Tricky Dicky in the boardroom, | 0:21:55 | 0:21:58 | |
and I'm beginning to get a sense of why. | 0:21:58 | 0:22:01 | |
That's a...very strange name to have given me, and the... | 0:22:01 | 0:22:06 | |
-HE SIGHS -I... | 0:22:06 | 0:22:08 | |
HE SIGHS | 0:22:08 | 0:22:09 | |
So I wonder how Tricky Dicky got on? | 0:22:09 | 0:22:11 | |
-GARY: -I'm sure he'll tell us he's done very well. | 0:22:11 | 0:22:14 | |
-CHARLEINE: -Do you reckon Richard would actually say the truth | 0:22:14 | 0:22:17 | |
if he'd had a rocky ride? | 0:22:17 | 0:22:18 | |
He won't show weakness. | 0:22:20 | 0:22:21 | |
I don't think he'd want to lose face in front of us, do you? | 0:22:21 | 0:22:24 | |
-Richard... -VANA: -Dicky, how are you? | 0:22:24 | 0:22:26 | |
THEY LAUGH | 0:22:26 | 0:22:28 | |
-Out of 10? -11 out of 10! | 0:22:28 | 0:22:30 | |
THEY LAUGH | 0:22:30 | 0:22:31 | |
-I nailed it! -THEY LAUGH | 0:22:31 | 0:22:33 | |
Wait, so they didn't go through your business plan? | 0:22:33 | 0:22:35 | |
Yeah, of course, they went through the business plan stuff, | 0:22:35 | 0:22:38 | |
-so that was all fine. Um... -Was that all good, yeah? -Yeah. | 0:22:38 | 0:22:41 | |
-Joseph... -Yes? | 0:22:43 | 0:22:44 | |
You've said about yourself, "I'm the definition of success." | 0:22:44 | 0:22:49 | |
-Are you serious? -I'm not yet, but I think I will be one day. | 0:22:49 | 0:22:53 | |
You say you work seven days a week | 0:22:53 | 0:22:54 | |
and survive on three hours' sleep a night. | 0:22:54 | 0:22:56 | |
You've got to sacrifice these years. | 0:22:56 | 0:22:58 | |
There's no way that people that become major successful didn't. | 0:22:58 | 0:23:01 | |
But I don't think there's anything wrong | 0:23:01 | 0:23:02 | |
with living like that, because... | 0:23:02 | 0:23:04 | |
-I've got to tell you, I enjoy it so much. -Mm. | 0:23:04 | 0:23:06 | |
I love sitting in my office | 0:23:06 | 0:23:08 | |
and spending time and developing new ideas | 0:23:08 | 0:23:10 | |
and thinking of new things, and making more money. | 0:23:10 | 0:23:13 | |
But when will you be able to say, "I've been successful"? | 0:23:13 | 0:23:16 | |
I don't know when I'll be able to say that, | 0:23:16 | 0:23:18 | |
because I'm not going to stop | 0:23:18 | 0:23:20 | |
until I get Lord Sugar a large return on his investment. | 0:23:20 | 0:23:23 | |
-No matter what, I'm not going to stop until I... -Yeah, I... | 0:23:23 | 0:23:27 | |
Believe me, I believe you. | 0:23:27 | 0:23:28 | |
-I just want the world and everything in it. -Thank you very much. | 0:23:28 | 0:23:32 | |
-Thank you very much for your time. -Thank you. | 0:23:32 | 0:23:34 | |
Please tell Lord Sugar I'm the right person to be his business partner! | 0:23:34 | 0:23:37 | |
SHE LAUGHS | 0:23:37 | 0:23:38 | |
-I might, I might not! -Thank you very much. | 0:23:38 | 0:23:41 | |
-GARY: -Afternoon. | 0:23:44 | 0:23:46 | |
Gary. | 0:23:46 | 0:23:48 | |
Nice to meet you. | 0:23:48 | 0:23:49 | |
Your business plan, Celebration Disco, | 0:23:52 | 0:23:54 | |
-the new global entertaining business. -Yes. | 0:23:54 | 0:23:57 | |
Just for me to understand, it's a mobile disco, right? | 0:23:57 | 0:24:01 | |
As it stands at the moment, yeah, | 0:24:01 | 0:24:03 | |
very, very successful predominantly in the West Midlands, but... | 0:24:03 | 0:24:06 | |
-What do you charge for...? -An average event is around £350. | 0:24:06 | 0:24:10 | |
-How many gigs a week are you doing? -Er... | 0:24:10 | 0:24:12 | |
We're looking at doing 2,000 a year. | 0:24:12 | 0:24:14 | |
We're only scratching the surface in the UK. | 0:24:14 | 0:24:16 | |
I really want to tackle events and entertainment globally. | 0:24:16 | 0:24:19 | |
How are you going to do that? | 0:24:19 | 0:24:20 | |
I mean, at the moment, you're just a mobile disco, aren't you? | 0:24:20 | 0:24:24 | |
-You're far from a global event planner. -Yes. | 0:24:24 | 0:24:27 | |
How are you going to bring something new or different to an event? | 0:24:27 | 0:24:31 | |
I mean, an event's an event, but we use the latest in technology, | 0:24:31 | 0:24:34 | |
so whether it be virtual presentation, the latest lighting... | 0:24:34 | 0:24:37 | |
-But lighting, I mean.... -Yeah. | 0:24:37 | 0:24:39 | |
..it's nothing special, is it? Everybody has lighting. | 0:24:39 | 0:24:42 | |
I totally get your point, | 0:24:42 | 0:24:43 | |
and obviously in my mind, I can see it as clear as day. | 0:24:43 | 0:24:46 | |
It's going to revolutionise the market, | 0:24:46 | 0:24:48 | |
it's going to turn events and entertainment into experiences. | 0:24:48 | 0:24:51 | |
I don't think it is. | 0:24:51 | 0:24:52 | |
-MIKE: -It's called Playdate. | 0:24:53 | 0:24:55 | |
I think it's kind of a cute play on words, don't you think? | 0:24:55 | 0:24:58 | |
It gives you the understanding, in the name, of what the app will do. | 0:24:58 | 0:25:03 | |
-You will be able to play games and date simultaneously. -OK. | 0:25:03 | 0:25:08 | |
-Have you used online dating before? -I have not. -OK. | 0:25:08 | 0:25:11 | |
So, the good news is that I've decided to target it at quality men. | 0:25:11 | 0:25:15 | |
You get the good quality men there, and that will attract the women. | 0:25:15 | 0:25:18 | |
-Afternoon. Gary. -Hi. | 0:25:18 | 0:25:21 | |
I'm struggling to understand at all what the technology bit is in this. | 0:25:23 | 0:25:27 | |
The product is to bring the events and entertainment to life | 0:25:27 | 0:25:30 | |
and make it an experience for consumers. | 0:25:30 | 0:25:32 | |
I like to use the words "innovative" and "multi-channel"... | 0:25:32 | 0:25:35 | |
Right, you've lost me, sorry. | 0:25:35 | 0:25:37 | |
-What's the interactive parties in virtual locations? -Um... | 0:25:37 | 0:25:41 | |
So the interactive parties are getting people from remote locations | 0:25:41 | 0:25:45 | |
to be there in person. | 0:25:45 | 0:25:47 | |
People doing wedding speeches from Australia, | 0:25:47 | 0:25:49 | |
and they almost feel like they're in the room. | 0:25:49 | 0:25:51 | |
We actually have in-app services where people can time | 0:25:51 | 0:25:54 | |
the best man speech and have a bit of interaction in that. | 0:25:54 | 0:25:57 | |
It's something quirky, something new, I can't see anything else | 0:25:57 | 0:25:59 | |
-in the industry like this that exists at the moment. -SHE SIGHS | 0:25:59 | 0:26:02 | |
Maybe cos there isn't a necessity for it. | 0:26:02 | 0:26:04 | |
Mm. | 0:26:04 | 0:26:05 | |
Thought-provoking, if nothing less. | 0:26:07 | 0:26:10 | |
So, your start-up costs, actually developing the app, are £140,000. | 0:26:11 | 0:26:16 | |
-Yes. -And then you're burning £32,000 every month. | 0:26:16 | 0:26:21 | |
At what point do you go out of business | 0:26:21 | 0:26:23 | |
-if you haven't booked any revenue? -Six months. | 0:26:23 | 0:26:25 | |
But I know that in my projections, | 0:26:25 | 0:26:27 | |
I'm already making profit in six months. | 0:26:27 | 0:26:30 | |
Dating apps, like the one that you're proposing, | 0:26:30 | 0:26:33 | |
take years to book any revenue. Isn't that right? | 0:26:33 | 0:26:37 | |
Not necessarily, | 0:26:37 | 0:26:38 | |
because people are used to paying for online dating, | 0:26:38 | 0:26:40 | |
and people are open to paying. | 0:26:40 | 0:26:42 | |
Do you know how long it took for the world's biggest dating app | 0:26:42 | 0:26:45 | |
to book a single dollar of revenue? | 0:26:45 | 0:26:48 | |
-Yes, one year. -Two years. | 0:26:48 | 0:26:50 | |
It took two years for them to create any revenue at all. | 0:26:51 | 0:26:56 | |
Well, I don't think it will be so difficult... | 0:26:56 | 0:26:58 | |
Even if you did this within one year, | 0:26:58 | 0:27:00 | |
the cost burn on this business | 0:27:00 | 0:27:01 | |
is so great that you would be out of business. | 0:27:01 | 0:27:04 | |
But I don't think that it's completely ludicrous. | 0:27:04 | 0:27:07 | |
SHE SIGHS | 0:27:14 | 0:27:16 | |
Oh, my God, that was so hard! | 0:27:16 | 0:27:19 | |
I was, like, running to the elevator, I was like, | 0:27:19 | 0:27:22 | |
"Get me off this floor!" | 0:27:22 | 0:27:23 | |
-JOSEPH LAUGHS -There was a certain point where my blood was, like, boiling, | 0:27:23 | 0:27:27 | |
but I kept it cool. | 0:27:27 | 0:27:28 | |
All good. | 0:27:28 | 0:27:29 | |
Last one of the day, you can do this, Joe. | 0:27:31 | 0:27:33 | |
HE SIGHS | 0:27:33 | 0:27:34 | |
-Are you really Joseph? -Am I really Joseph? Yes. | 0:27:40 | 0:27:43 | |
Oh! The new and improved Joseph. | 0:27:44 | 0:27:47 | |
-I'm ready for business. -You reckon? | 0:27:47 | 0:27:49 | |
Hopefully. | 0:27:49 | 0:27:50 | |
So, basically, Claude, the business | 0:27:50 | 0:27:52 | |
is a plumbing and heating franchise of my existing business. | 0:27:52 | 0:27:55 | |
You've got some very significant competition, | 0:27:55 | 0:27:57 | |
large, large companies who are doing franchises. | 0:27:57 | 0:28:00 | |
They've got nationwide reputations, budgets... | 0:28:00 | 0:28:04 | |
-You are a very small player. No-one knows you. -Yeah. | 0:28:04 | 0:28:07 | |
And I worry, I genuinely worry, | 0:28:07 | 0:28:09 | |
whether the franchise model at this point in time makes sense. | 0:28:09 | 0:28:13 | |
I'd just like to say, please don't be worried. | 0:28:13 | 0:28:15 | |
I feel very, very confident, and I do understand that sometimes, | 0:28:15 | 0:28:18 | |
-you know, don't run before you can walk, but... -Right. | 0:28:18 | 0:28:20 | |
Claude, if I hadn't have run before I could walk, | 0:28:20 | 0:28:22 | |
then I wouldn't be here right now. | 0:28:22 | 0:28:24 | |
A small business is very hard to run, | 0:28:24 | 0:28:26 | |
and if I can do that, why can't I... | 0:28:26 | 0:28:28 | |
you know, become a very big businessman? | 0:28:28 | 0:28:31 | |
Well, if you think a small business is hard to run, | 0:28:31 | 0:28:33 | |
-let me tell you, a big business doesn't get any easier. -Yeah. | 0:28:33 | 0:28:36 | |
I think you're barking up the wrong tree, | 0:28:36 | 0:28:38 | |
because the move to having a franchise | 0:28:38 | 0:28:40 | |
is a completely different skill set, a completely different model. | 0:28:40 | 0:28:43 | |
Yeah. | 0:28:43 | 0:28:44 | |
I mean, I take all your feedback on board, Claude. | 0:28:44 | 0:28:47 | |
I feel that there is a lot of ways that this business plan can adapt. | 0:28:47 | 0:28:52 | |
I can tweak it slightly, if there's a different way I can go around it, | 0:28:52 | 0:28:55 | |
then I'm happy to look at that, but I think the core concept is there. | 0:28:55 | 0:28:59 | |
If Lord Sugar invests in me, he will not lose his money, | 0:28:59 | 0:29:02 | |
he will make a profit. | 0:29:02 | 0:29:04 | |
Project X. | 0:29:07 | 0:29:08 | |
Yes. | 0:29:08 | 0:29:10 | |
I haven't got a bloody clue what it's about. | 0:29:10 | 0:29:12 | |
-I thought it was mountain climbing. "Base camp." -Yes. | 0:29:12 | 0:29:15 | |
-"Unlock the gold mine." -Yes. | 0:29:15 | 0:29:18 | |
-The trailblazing... Yeah, the, um... -Yeah, what is a trailblazer? | 0:29:18 | 0:29:22 | |
-A... -I'm sorry? -A trailblazer is a... | 0:29:22 | 0:29:24 | |
-Is it someone who does something first? -Yes. Exactly. | 0:29:24 | 0:29:27 | |
You haven't done anything first, have you, Richard? | 0:29:27 | 0:29:30 | |
-This four-step... -Ever. | 0:29:30 | 0:29:31 | |
Well... Um... | 0:29:34 | 0:29:35 | |
I know you did well in the tasks. | 0:29:35 | 0:29:38 | |
But in your current business, last year, it made 17,000. | 0:29:38 | 0:29:43 | |
Yes, that's correct. | 0:29:43 | 0:29:45 | |
In your business plan, you stated that this company with Lord Sugar | 0:29:45 | 0:29:48 | |
is going to be worth three million by year three. | 0:29:48 | 0:29:51 | |
Why should Lord Sugar believe that, you know, if you've made 17 grand, | 0:29:51 | 0:29:55 | |
that with the new business, you're going to make three million? | 0:29:55 | 0:29:59 | |
I mean... | 0:29:59 | 0:30:01 | |
Is it bullshit? | 0:30:01 | 0:30:02 | |
I think it's bullshit. | 0:30:02 | 0:30:04 | |
I don't think it's bullshit. | 0:30:04 | 0:30:06 | |
I think that with this sort of investment, | 0:30:06 | 0:30:08 | |
I'll be able to quickly scale this corporation up. My current... | 0:30:08 | 0:30:11 | |
I don't believe it. | 0:30:11 | 0:30:13 | |
I don't think the fees... | 0:30:13 | 0:30:15 | |
Your past performance, it doesn't give me | 0:30:15 | 0:30:17 | |
any confidence in your future growth. | 0:30:17 | 0:30:20 | |
I've... | 0:30:21 | 0:30:22 | |
produced a business plan here that, to be honest with you, | 0:30:22 | 0:30:26 | |
has a lot of waffle in it. | 0:30:26 | 0:30:27 | |
Well, I think you're the type of guy that feels you can write | 0:30:27 | 0:30:30 | |
a lot of bullshit and no-one'll see the truth underneath. | 0:30:30 | 0:30:34 | |
-That's what I think you've done here. -I... | 0:30:34 | 0:30:36 | |
I think I'm... | 0:30:36 | 0:30:38 | |
I think I'm agreeing with you. | 0:30:38 | 0:30:40 | |
Thank you. | 0:30:41 | 0:30:42 | |
Aaaargh! | 0:30:52 | 0:30:55 | |
I've thrown it away. | 0:30:55 | 0:30:56 | |
It's just stupid, just... | 0:31:05 | 0:31:07 | |
absolute pretentious crap that I let come out of my mouth sometimes. | 0:31:07 | 0:31:11 | |
Oh, look, he got beaten! | 0:31:19 | 0:31:21 | |
THEY LAUGH | 0:31:21 | 0:31:22 | |
Look at that! | 0:31:22 | 0:31:23 | |
-Well? -Oh, my God! | 0:31:23 | 0:31:25 | |
-No way! -THEY LAUGH | 0:31:25 | 0:31:28 | |
What did they say? | 0:31:28 | 0:31:30 | |
Oh, I was torn apart, I was torn apart. | 0:31:30 | 0:31:33 | |
Quite right, as well. | 0:31:33 | 0:31:35 | |
Do you wish you could go back and speak to her | 0:31:35 | 0:31:37 | |
and tell her a few more things? | 0:31:37 | 0:31:38 | |
There's nothing more to be said! | 0:31:38 | 0:31:40 | |
THEY LAUGH | 0:31:40 | 0:31:42 | |
There's nothing more to be said. | 0:31:42 | 0:31:44 | |
-HE SIGHS -Maybe ask her out for some dinner, that's about all I've got! | 0:31:44 | 0:31:47 | |
Oh, dear! | 0:31:47 | 0:31:49 | |
I want my mum! | 0:31:51 | 0:31:52 | |
Your projections are wildly optimistic. | 0:31:53 | 0:31:56 | |
After 12 months, suddenly, instead of 50,000 members, | 0:31:56 | 0:31:59 | |
the number of people you've got | 0:31:59 | 0:32:01 | |
jumps phenomenally to 400,000 a month. | 0:32:01 | 0:32:04 | |
That's the way that these apps tend to work. | 0:32:04 | 0:32:07 | |
-You usually do see a big increase... -Unless you don't. | 0:32:07 | 0:32:09 | |
Unless you don't, of course. Unless, in fact, you don't. | 0:32:09 | 0:32:12 | |
If you've got something that works, | 0:32:12 | 0:32:13 | |
it might be that hockey stick, but if it doesn't, if it takes longer, | 0:32:13 | 0:32:16 | |
you need to be mindful of the fact | 0:32:16 | 0:32:18 | |
-that you're going to run out of money. -Yes. | 0:32:18 | 0:32:19 | |
The numbers are optimistic, | 0:32:19 | 0:32:21 | |
but you probably won't see another business plan | 0:32:21 | 0:32:23 | |
that's projecting to make £7 million profit after three years. | 0:32:23 | 0:32:27 | |
This is a space that's exploding right now. | 0:32:27 | 0:32:30 | |
There is room for gamification of dating. | 0:32:30 | 0:32:32 | |
I know that I can be a really successful hairdresser. | 0:32:33 | 0:32:36 | |
I want to see our brand, our logo, absolutely everywhere, | 0:32:36 | 0:32:39 | |
and I want to make sure that every franchise, | 0:32:39 | 0:32:41 | |
every salon that does open, is successful. | 0:32:41 | 0:32:43 | |
Where does your drive and determination | 0:32:43 | 0:32:45 | |
and motivation come from? | 0:32:45 | 0:32:47 | |
The truth, why I got into hairdressing, I lost a child, | 0:32:47 | 0:32:51 | |
and I was in a very bad place. | 0:32:51 | 0:32:53 | |
For me, now, with the salon | 0:32:53 | 0:32:55 | |
and trying to make it as successful as possible, | 0:32:55 | 0:32:57 | |
I know that life can be over within a drop of a hat, | 0:32:57 | 0:33:01 | |
and I want my children to have absolutely everything, | 0:33:01 | 0:33:04 | |
and I want them to know that they can be as successful | 0:33:04 | 0:33:06 | |
as what they want to be, | 0:33:06 | 0:33:07 | |
and they can do absolutely anything in life, | 0:33:07 | 0:33:09 | |
and I'm going to be the mum that does that for them. | 0:33:09 | 0:33:12 | |
I'm really upset with myself for... | 0:33:14 | 0:33:17 | |
doing exactly the opposite to what's got me here today, | 0:33:17 | 0:33:20 | |
which is keeping things simple, being honest, being myself. | 0:33:20 | 0:33:22 | |
I was the leading candidate in wins coming into this process, | 0:33:22 | 0:33:25 | |
and I'm just... I've gone and thrown it all away. | 0:33:25 | 0:33:28 | |
Do you still truly believe in your concept, in your business plan? | 0:33:28 | 0:33:32 | |
I believe that if the wind blew on it | 0:33:32 | 0:33:35 | |
and knocked off all the leaves, | 0:33:35 | 0:33:36 | |
what's left underneath is a really good, simple idea, | 0:33:36 | 0:33:39 | |
which is basically work with small businesses, | 0:33:39 | 0:33:42 | |
and use their whole marketing budget, | 0:33:42 | 0:33:44 | |
and make sure that's accountable against their growth. | 0:33:44 | 0:33:47 | |
That's the simple concept. | 0:33:47 | 0:33:49 | |
What I've done is I've overcomplicated it, | 0:33:49 | 0:33:51 | |
and I wouldn't blame Lord Sugar for not investing in it. | 0:33:51 | 0:33:55 | |
One tough interview would have been enough, to be honest with you, | 0:33:59 | 0:34:03 | |
but to have four back-to-back at that level of grilling... | 0:34:03 | 0:34:07 | |
Put a lot of things into perspective, | 0:34:07 | 0:34:09 | |
to make me realise there may be certain things | 0:34:09 | 0:34:11 | |
that I want to slightly tweak. | 0:34:11 | 0:34:14 | |
You've just got to hope that they've bought into your passion. | 0:34:14 | 0:34:17 | |
All comes down to tomorrow! | 0:34:17 | 0:34:19 | |
'I'm not going to lie, the interviews were absolutely brutal. | 0:34:30 | 0:34:34 | |
'But I've got to go in there, fight my corner, | 0:34:34 | 0:34:37 | |
'and I will keep fighting till the very end.' | 0:34:37 | 0:34:40 | |
'I think it was difficult for people to buy into me on first impressions. | 0:34:41 | 0:34:45 | |
'There's still a lot of convincing to do, | 0:34:45 | 0:34:47 | |
'but I'm not going to go down without a fight.' | 0:34:47 | 0:34:50 | |
'I believe I impressed the interviewers. | 0:34:50 | 0:34:53 | |
'However, my concept's a risk, and I know it's going to be | 0:34:53 | 0:34:56 | |
'a risk for Lord Sugar, but hopefully he sees beyond that.' | 0:34:56 | 0:34:59 | |
'I completely understand the feedback | 0:34:59 | 0:35:01 | |
'that I got on my business plan, but I would say that | 0:35:01 | 0:35:04 | |
'I still have 100% faith in my idea, | 0:35:04 | 0:35:05 | |
'and I still really want to pursue it.' | 0:35:05 | 0:35:08 | |
'I've never experienced anything like that in my life. | 0:35:08 | 0:35:11 | |
'Today is the first boardroom that I'm really worried to go into. | 0:35:11 | 0:35:15 | |
'I've been ripped to shreds, and I've got a lot of work to do today | 0:35:15 | 0:35:19 | |
'if I'm going to survive.' | 0:35:19 | 0:35:20 | |
Well, good morning. Welcome to this very important part of the process. | 0:35:34 | 0:35:38 | |
And we welcome Linda to my boardroom for the first time. | 0:35:38 | 0:35:42 | |
Linda and I go back well over 20 years, | 0:35:42 | 0:35:45 | |
and I know she's a very, very shrewd business lady. | 0:35:45 | 0:35:48 | |
Do you want to start me off with Charleine, Linda? | 0:35:48 | 0:35:51 | |
I think Charleine is a fighter. | 0:35:51 | 0:35:53 | |
She's got stamina, and she would work really hard. | 0:35:53 | 0:35:57 | |
But her expectations are probably beyond her ability. | 0:35:57 | 0:36:02 | |
What is her expectation? | 0:36:02 | 0:36:04 | |
She wants to start a hairdressing academy, franchise... | 0:36:04 | 0:36:10 | |
The next Toni & Guy, for example? | 0:36:10 | 0:36:12 | |
They've been going since the old Queen died. | 0:36:12 | 0:36:14 | |
-They opened their first shop in 1963. -Yeah. | 0:36:14 | 0:36:18 | |
-It wasn't until 25 years later... -Right... | 0:36:18 | 0:36:20 | |
..that they actually franchised. | 0:36:20 | 0:36:22 | |
Claude has actually been following these people around | 0:36:22 | 0:36:25 | |
for the last ten weeks. What's your view? | 0:36:25 | 0:36:27 | |
The thing is, she has been a fantastic candidate | 0:36:27 | 0:36:30 | |
in terms of her selling ability | 0:36:30 | 0:36:31 | |
and her drive, and she's got one salon in Plymouth, 12 employees, | 0:36:31 | 0:36:35 | |
and I think she can replicate that over a number of salons. | 0:36:35 | 0:36:38 | |
Going beyond that might be problematic. | 0:36:38 | 0:36:40 | |
She will not give up. She's got determination... | 0:36:40 | 0:36:43 | |
Well, she might have to give up, | 0:36:43 | 0:36:44 | |
because for her to grow as big as Toni & Guy, I mean, it's like... | 0:36:44 | 0:36:47 | |
expecting Claude to grow an afro. | 0:36:47 | 0:36:49 | |
THEY LAUGH | 0:36:49 | 0:36:50 | |
All right, let's move on, then, to Gary. | 0:36:50 | 0:36:53 | |
Gary's very fond of exaggerating his importance. | 0:36:53 | 0:36:56 | |
He was absolutely insistent that he'd had a billion-pound budget, | 0:36:56 | 0:37:00 | |
-that he'd had a team of 600 people... -Him personally? -Yeah. | 0:37:00 | 0:37:03 | |
His interpretation of managing 600 people is very, | 0:37:03 | 0:37:07 | |
very different to mine. | 0:37:07 | 0:37:09 | |
Mm. What about his business idea? | 0:37:09 | 0:37:11 | |
It shows him running something like 2,000 events in his first year | 0:37:11 | 0:37:16 | |
-and charging around about £300... -£300? -..average for each... | 0:37:16 | 0:37:20 | |
What's he going to get for 300 quid? | 0:37:20 | 0:37:22 | |
That sounds like an event for the Piers Morgan fan club. | 0:37:22 | 0:37:25 | |
-THEY LAUGH -Where about two people turn up! | 0:37:25 | 0:37:28 | |
When he spoke to me, his USP was an app. | 0:37:28 | 0:37:31 | |
If you're in Australia and you want to be part of a party | 0:37:31 | 0:37:34 | |
that's happening in London, the app will allow you to do that. | 0:37:34 | 0:37:38 | |
You're not physically there but you're joining in? | 0:37:38 | 0:37:40 | |
You're not physically there. | 0:37:40 | 0:37:41 | |
So if you forgot your anniversary, you could say, "Sorry, darling, | 0:37:41 | 0:37:44 | |
"I'm going to throw you a virtual party." | 0:37:44 | 0:37:46 | |
-Yeah! -Party planners are normally quite fun people, aren't they? | 0:37:46 | 0:37:49 | |
I mean, he's very corporate. | 0:37:49 | 0:37:51 | |
I can't imagine him turning up and throwing a few tunes. | 0:37:51 | 0:37:54 | |
No, neither can I! | 0:37:54 | 0:37:56 | |
OK, now, Joseph. | 0:37:56 | 0:37:58 | |
Joseph wants your investment to create a gas plumbing brand, | 0:37:58 | 0:38:02 | |
and then take that out and franchise it. | 0:38:02 | 0:38:05 | |
It's based on the business that he has already started from scratch. | 0:38:05 | 0:38:09 | |
The franchise idea, again, is a bit like Charleine's thing, | 0:38:09 | 0:38:13 | |
it's a non-starter. | 0:38:13 | 0:38:15 | |
He realises that he's very ambitious, and he's quite happy | 0:38:15 | 0:38:17 | |
to temper his ideas into something that could perhaps be a slower burn. | 0:38:17 | 0:38:22 | |
-But he's got a way to go to get there. -He's incredibly driven. | 0:38:22 | 0:38:26 | |
He absolutely loves what he does. | 0:38:26 | 0:38:28 | |
But take the property task. | 0:38:28 | 0:38:30 | |
He ran off dealing with the high-end stuff, | 0:38:30 | 0:38:33 | |
and really, he was a fish out of water. | 0:38:33 | 0:38:36 | |
He's rough round the edges, | 0:38:36 | 0:38:37 | |
but he's not a fish out of water in the plumbing business. | 0:38:37 | 0:38:41 | |
OK, so we've got Vana. | 0:38:41 | 0:38:43 | |
She wants to start a dating app. | 0:38:43 | 0:38:46 | |
I'm not sure if that's going to make me Cupid or stupid! | 0:38:46 | 0:38:49 | |
THEY LAUGH | 0:38:49 | 0:38:51 | |
It's a marketplace that is booming at the moment, and I think that | 0:38:51 | 0:38:54 | |
she's an incredibly clever girl. | 0:38:54 | 0:38:55 | |
We've seen that throughout the tasks. | 0:38:55 | 0:38:57 | |
I think she could possibly make it work. | 0:38:57 | 0:39:00 | |
The concept is, you are matched up with someone, | 0:39:00 | 0:39:02 | |
but you don't see who that person is, and you play games with them... | 0:39:02 | 0:39:07 | |
-Right... -..then finally at the end of the day, | 0:39:07 | 0:39:10 | |
their picture becomes revealed. | 0:39:10 | 0:39:12 | |
So you go through all of this palaver, | 0:39:12 | 0:39:14 | |
and then in the end, you get shown a picture of the person, | 0:39:14 | 0:39:18 | |
and at that point, you go... | 0:39:18 | 0:39:20 | |
"My God, what a bleedin' ugbo!" | 0:39:20 | 0:39:22 | |
THEY LAUGH | 0:39:22 | 0:39:23 | |
-Yeah. -How far does her money go? | 0:39:23 | 0:39:25 | |
Cos building websites and apps and gaming sounds... | 0:39:25 | 0:39:28 | |
Therein lies the problem, because I think that the £250,000 | 0:39:28 | 0:39:32 | |
investment would go very, very quickly. | 0:39:32 | 0:39:35 | |
Within six months, she'd blow the money. | 0:39:35 | 0:39:37 | |
But you mustn't forget that the leading app | 0:39:37 | 0:39:39 | |
for dating in the world has 50 million users. | 0:39:39 | 0:39:43 | |
The idea of gamification is also really smart, | 0:39:43 | 0:39:47 | |
these are the two hottest areas in mobile apps, | 0:39:47 | 0:39:50 | |
and she's put them together. | 0:39:50 | 0:39:51 | |
If she gets it right, it could be absolutely enormous. | 0:39:51 | 0:39:56 | |
Let's talk about Richard. | 0:39:56 | 0:39:58 | |
Well I think throughout all the tasks, he wants to keep it simple, | 0:39:58 | 0:40:01 | |
and yet, when you look at this document, I couldn't understand it. | 0:40:01 | 0:40:04 | |
-I think he was beaten by the time he got to me. -Really? -Yeah. | 0:40:04 | 0:40:08 | |
But ultimately, | 0:40:08 | 0:40:09 | |
the idea, an outsourced marketing department, is not a bad idea, Alan. | 0:40:09 | 0:40:14 | |
-And he's quite a bright individual. -He does know about marketing. | 0:40:14 | 0:40:18 | |
I mean, the advertising task this year was one of the best we've seen. | 0:40:18 | 0:40:21 | |
-Yeah. -What I find worrying is that he is involved currently | 0:40:21 | 0:40:26 | |
in a digital marketing business. | 0:40:26 | 0:40:28 | |
Doesn't that mean he's got...? It's a competing business? | 0:40:28 | 0:40:31 | |
What he tried to say was, "These are separate businesses, | 0:40:31 | 0:40:34 | |
"and the business I'm proposing to Lord Sugar is different." | 0:40:34 | 0:40:38 | |
Unfortunately, though, within the business plan, there's a graphic. | 0:40:38 | 0:40:42 | |
Well, this is a graphic that his previous marketing company | 0:40:42 | 0:40:45 | |
produced, so the idea that what he's trying to present here to you, Alan, | 0:40:45 | 0:40:49 | |
is something that's completely new... | 0:40:49 | 0:40:51 | |
It's false. | 0:40:51 | 0:40:53 | |
Thank you very much indeed for your input, it's been very, | 0:40:53 | 0:40:56 | |
very helpful, and I'll see you soon. | 0:40:56 | 0:40:58 | |
-Thanks a lot. -Thank you. | 0:40:58 | 0:41:00 | |
PHONE RINGS | 0:41:08 | 0:41:10 | |
Yes, Lord Sugar. | 0:41:10 | 0:41:11 | |
-Can you send the five candidates in, please? -Yes, Lord Sugar. | 0:41:11 | 0:41:14 | |
You can go through to the boardroom now. | 0:41:14 | 0:41:17 | |
-Anybody want to volunteer to talk to me first of all? -I will. -OK, Vana. | 0:41:28 | 0:41:33 | |
-Your business idea is a dating... -App. -..application, yeah? | 0:41:33 | 0:41:39 | |
-Yes, it focuses on making dating fun using these games. -Right. | 0:41:39 | 0:41:44 | |
Games that range from psychometric tests | 0:41:44 | 0:41:47 | |
to brain puzzles to brain-teasers, | 0:41:47 | 0:41:49 | |
and it will use science to match people. | 0:41:49 | 0:41:52 | |
Here's my issue. | 0:41:52 | 0:41:53 | |
The business that you are proposing, | 0:41:53 | 0:41:55 | |
and I'm only going historically with dating websites, | 0:41:55 | 0:41:58 | |
have multi-million pound investments to even get off the ground. | 0:41:58 | 0:42:04 | |
How are you going to do it with £250,000? | 0:42:04 | 0:42:06 | |
You know, if you tell me that it's impossible, | 0:42:06 | 0:42:08 | |
I will just tell you that I disagree with you wholeheartedly, | 0:42:08 | 0:42:12 | |
and that £250,000 can take us a long way. I... | 0:42:12 | 0:42:15 | |
According to him, it'd take you about six months. | 0:42:15 | 0:42:17 | |
Well, to go through the money. | 0:42:17 | 0:42:18 | |
In the six months, I hope to be generating enough revenue | 0:42:18 | 0:42:21 | |
to cover the costs of the project. | 0:42:21 | 0:42:24 | |
The most popular dating application at the moment, Tinder - | 0:42:24 | 0:42:29 | |
it's taken them two years to generate a bit of revenue now. | 0:42:29 | 0:42:33 | |
Yes, but there is room for this, I'm telling you. | 0:42:33 | 0:42:36 | |
-This is a trend that is here to stay. -Hmm. | 0:42:36 | 0:42:39 | |
-Gary. -Yes, Lord Sugar. -Um... | 0:42:39 | 0:42:41 | |
-You left your big retailer, yeah? -Yes. | 0:42:41 | 0:42:44 | |
Where you claim that you led a team of 600 people. | 0:42:44 | 0:42:48 | |
Absolutely right. They gave me a budget of £1 billion and said, | 0:42:48 | 0:42:51 | |
-"Make it happen." Simple as that. -Really? -Yeah. | 0:42:51 | 0:42:53 | |
-And you were the boss, were you? -Any, kind of, er... | 0:42:53 | 0:42:55 | |
money that had to get signed off | 0:42:55 | 0:42:56 | |
over the value of £3 million, I used to have to get it authorised. | 0:42:56 | 0:42:59 | |
-So you could sign off yourself personally under £3 million. -Um... | 0:42:59 | 0:43:02 | |
Up to £1 million myself personally. | 0:43:02 | 0:43:04 | |
I've had a lot of dealings with that organisation, | 0:43:04 | 0:43:07 | |
and I find it a big claim, Gary. | 0:43:07 | 0:43:09 | |
That was... It was absolutely | 0:43:09 | 0:43:10 | |
one of my greatest achievements in business. | 0:43:10 | 0:43:12 | |
-Now, your concept is events, right? -Yes, Lord Sugar. -OK. | 0:43:12 | 0:43:18 | |
-That doesn't exist... -How big can this business get? -Um... | 0:43:18 | 0:43:20 | |
I'm looking to be global, | 0:43:20 | 0:43:21 | |
-I'm looking to be national. -Global? -Yeah. | 0:43:21 | 0:43:23 | |
What is a virtual party? I'm not with you. | 0:43:23 | 0:43:25 | |
A virtual party is when you can actually beam people in. | 0:43:25 | 0:43:28 | |
-You have them there... -Holograms? | 0:43:28 | 0:43:29 | |
-It's like virtual meetings in the corporate world. -I've heard of... | 0:43:29 | 0:43:32 | |
That's Skype, isn't it? | 0:43:32 | 0:43:33 | |
-Er... It's a bit better than Skype. -Don't get it. Sorry. | 0:43:33 | 0:43:36 | |
-It's... -I don't get it. | 0:43:36 | 0:43:38 | |
OK, Richard. | 0:43:38 | 0:43:40 | |
Your plan is focused on base camp strategy sessions | 0:43:40 | 0:43:44 | |
to remove the cloud from our client's business growth mountain. | 0:43:44 | 0:43:48 | |
So I'm confused, you're not out there selling crampons, | 0:43:48 | 0:43:51 | |
for example, are you? | 0:43:51 | 0:43:53 | |
I'm... I'm so disappointed. | 0:43:53 | 0:43:54 | |
I've shown my credibility with marketing in this process, | 0:43:54 | 0:43:57 | |
but I've submitted a completely... | 0:43:57 | 0:44:00 | |
A piece of gobbledygook. | 0:44:00 | 0:44:01 | |
Have you removed the clouds around your head at the moment? | 0:44:01 | 0:44:05 | |
I have, so... | 0:44:05 | 0:44:06 | |
To put it simply, | 0:44:06 | 0:44:07 | |
the new business will manage the whole marketing budget | 0:44:07 | 0:44:10 | |
for a small business, | 0:44:10 | 0:44:11 | |
and that will generate the sales that it needs to grow. | 0:44:11 | 0:44:14 | |
OK, I've got it. But let's get down to facts here. | 0:44:14 | 0:44:18 | |
The current marketing business that you have with your brother | 0:44:18 | 0:44:21 | |
sounds to me exactly the same as what you're proposing here. | 0:44:21 | 0:44:26 | |
No, the... | 0:44:26 | 0:44:27 | |
What we're proposing here | 0:44:27 | 0:44:29 | |
is to be able to manage complete marketing budgets. | 0:44:29 | 0:44:31 | |
The company that I currently have is just a website development company. | 0:44:31 | 0:44:34 | |
Can I just interrupt? | 0:44:34 | 0:44:36 | |
Frankly, what you put down as the company | 0:44:36 | 0:44:37 | |
that you've got currently, this YOMP Marketing - | 0:44:37 | 0:44:40 | |
"It's a full-service digital marketing agency. | 0:44:40 | 0:44:42 | |
"It builds brands, engages, connects, moves audiences..." | 0:44:42 | 0:44:45 | |
It's exactly... | 0:44:45 | 0:44:46 | |
I mean, almost word for word, the same as your business plan. | 0:44:46 | 0:44:49 | |
I don't see them as being the same businesses. Um... I don't... | 0:44:49 | 0:44:53 | |
They just happen to be described in the same way? | 0:44:53 | 0:44:56 | |
I think you're being a bit evasive at the moment, Richard. | 0:44:56 | 0:44:59 | |
Now, Charleine. Your work ethic is tremendous, we all agree on that. | 0:45:00 | 0:45:06 | |
-You've got a hairdressing salon. -Yes, Lord Sugar. | 0:45:06 | 0:45:08 | |
And you want to have a franchise. | 0:45:08 | 0:45:11 | |
Yes, to start with, | 0:45:11 | 0:45:13 | |
I would want to open a training academy with a salon attached to it. | 0:45:13 | 0:45:17 | |
I say very respectfully | 0:45:17 | 0:45:20 | |
that in order to start off a franchising chain... | 0:45:20 | 0:45:23 | |
You've got to be big in a big city. | 0:45:23 | 0:45:25 | |
-Well, never mind a big city, you've just got to be big, period. -Yeah. | 0:45:25 | 0:45:28 | |
And I'm not going to say that tomorrow I'm going to open | 0:45:28 | 0:45:30 | |
and I'm just going to be this big massive chain, you know, | 0:45:30 | 0:45:34 | |
it's going to take time. | 0:45:34 | 0:45:35 | |
So I would move to London. | 0:45:35 | 0:45:37 | |
They charge phenomenal prices compared to, | 0:45:37 | 0:45:39 | |
obviously, us down in Plymouth... | 0:45:39 | 0:45:40 | |
But, Charleine, you can't just bowl up in high street London | 0:45:40 | 0:45:43 | |
and open up a shop and say, "Hello, Charleine's here," | 0:45:43 | 0:45:46 | |
and people are going to come into your salon. | 0:45:46 | 0:45:49 | |
Charleine, the difficulty that you have is competition. | 0:45:49 | 0:45:52 | |
-Yes. -You come to London, and you'll be swallowed up. | 0:45:52 | 0:45:55 | |
Maybe. | 0:45:55 | 0:45:56 | |
Yeah, no. | 0:45:56 | 0:45:58 | |
Why don't you just carry on in Plymouth? | 0:45:58 | 0:45:59 | |
That seems like a good area. | 0:45:59 | 0:46:01 | |
You're known there, you develop your business in Plymouth. | 0:46:01 | 0:46:03 | |
I do understand that, and that's why I would work | 0:46:03 | 0:46:05 | |
absolutely my socks off to promote myself, to... | 0:46:05 | 0:46:08 | |
I've got no qualms in the fact that you would work your socks off. | 0:46:08 | 0:46:11 | |
-When you start... -That... | 0:46:11 | 0:46:12 | |
That I have already seen. But, Charleine... | 0:46:12 | 0:46:15 | |
..I do admire your drive, your... | 0:46:17 | 0:46:20 | |
inspiration, and your hard work and efforts. | 0:46:20 | 0:46:24 | |
And it's very hard for me at this stage to, | 0:46:24 | 0:46:26 | |
kind of suppress that enthusiasm, but... | 0:46:26 | 0:46:30 | |
I don't believe that I can go into business with you at this time. | 0:46:30 | 0:46:34 | |
I think you should take advice from Claude | 0:46:34 | 0:46:37 | |
and pursue those additional branches down there. | 0:46:37 | 0:46:41 | |
So, it is with regret, Charleine, that... | 0:46:41 | 0:46:45 | |
you're fired. | 0:46:45 | 0:46:47 | |
Thank you, Lord Sugar, thank you, Karren, thank you, Claude. | 0:46:47 | 0:46:49 | |
Good luck to whoever goes through. I wish you all the best. Thank you. | 0:46:49 | 0:46:54 | |
-Bye. -Thank you very much, Lord Sugar. | 0:46:54 | 0:46:56 | |
Joseph, I see you've gone from looking like Boycie, | 0:47:08 | 0:47:13 | |
a second-hand car dealer, to a rather credible-looking young man. | 0:47:13 | 0:47:16 | |
Good. | 0:47:16 | 0:47:17 | |
Now, in order for your company to become a nationwide brand, | 0:47:17 | 0:47:22 | |
a lot of money and a lot of years would have to be spent to do that. | 0:47:22 | 0:47:27 | |
So the franchise thing is out of the window. | 0:47:27 | 0:47:29 | |
I've got a contingency plan, | 0:47:29 | 0:47:31 | |
and what my idea would be, is to expand it out to the local areas. | 0:47:31 | 0:47:36 | |
We have some places very close that I can tap into very quickly. | 0:47:36 | 0:47:39 | |
I have some relations | 0:47:39 | 0:47:41 | |
with some nationwide property management companies, | 0:47:41 | 0:47:43 | |
and they're constantly asking me, | 0:47:43 | 0:47:45 | |
"Joe, can you take Northampton? | 0:47:45 | 0:47:46 | |
"Joe, can you take the Cambridge area, can you take this?" | 0:47:46 | 0:47:48 | |
And at the moment I have to say no, cos I can't... | 0:47:48 | 0:47:50 | |
Why, cos you've only got...? | 0:47:50 | 0:47:52 | |
Yeah, cos I only have X amount of engineers, | 0:47:52 | 0:47:54 | |
and I don't have enough money to fund... | 0:47:54 | 0:47:56 | |
These engineers that you have, how many have you got? | 0:47:56 | 0:47:58 | |
Um... At the moment we have three. | 0:47:58 | 0:48:00 | |
You've got to show me a path as to how this can get big. | 0:48:00 | 0:48:04 | |
So, basically, firstly, I just wouldn't say it's small. | 0:48:04 | 0:48:06 | |
-In the second year I managed to make £60,000. -Mm-hmm. | 0:48:06 | 0:48:09 | |
You know, profit. I think that's good in the second year. | 0:48:09 | 0:48:11 | |
Obviously it's going to grow massively. | 0:48:11 | 0:48:13 | |
I made a hell of a lot of mistakes | 0:48:13 | 0:48:14 | |
and wasted a lot of money on crappy vans... | 0:48:14 | 0:48:16 | |
So how much money do you think we can make, then? | 0:48:16 | 0:48:18 | |
Two weeks before I came in, | 0:48:18 | 0:48:20 | |
I just got a £25,000 contract that will last for two months. | 0:48:20 | 0:48:22 | |
There's a hell of a lot of money to be made in plumbing. | 0:48:22 | 0:48:25 | |
-It's a service that's never going to disappear. -OK, look... | 0:48:25 | 0:48:28 | |
Joseph... | 0:48:31 | 0:48:33 | |
You've done some great things, really, at your age. | 0:48:33 | 0:48:35 | |
It's just that... | 0:48:35 | 0:48:37 | |
..that it worries me that it is a small-time thing. | 0:48:39 | 0:48:42 | |
Um... Richard... | 0:48:43 | 0:48:45 | |
In this process, you were in the winning team eight times. | 0:48:46 | 0:48:49 | |
As the project manager, you won twice. | 0:48:49 | 0:48:53 | |
But you've got a business already that I believe is a conflict. | 0:48:53 | 0:48:59 | |
HE SIGHS | 0:49:02 | 0:49:03 | |
Gary... | 0:49:08 | 0:49:10 | |
You take great pride in being a corporate fellow. | 0:49:10 | 0:49:13 | |
But I think your business plan is flawed. | 0:49:13 | 0:49:17 | |
I don't understand it at all. | 0:49:18 | 0:49:20 | |
I can't go into business with you. | 0:49:22 | 0:49:23 | |
You're fired. | 0:49:23 | 0:49:24 | |
Thank you, Lord Sugar, for the opportunity, | 0:49:24 | 0:49:27 | |
and I genuinely wish everyone so well in their future ventures. | 0:49:27 | 0:49:30 | |
Thanks ever so much. Thank you. | 0:49:30 | 0:49:31 | |
RICHARD SIGHS | 0:49:39 | 0:49:41 | |
And so there are three. | 0:49:46 | 0:49:48 | |
And this is such an important decision for me | 0:49:48 | 0:49:51 | |
that I think I'm going to take the opportunity | 0:49:51 | 0:49:55 | |
of consulting with Claude and Karren. | 0:49:55 | 0:49:58 | |
So step outside, and I'll call you back in shortly. | 0:49:58 | 0:50:01 | |
Thank you. | 0:50:01 | 0:50:03 | |
RICHARD SIGHS | 0:50:09 | 0:50:10 | |
Richard's done very well in the past weeks. | 0:50:12 | 0:50:15 | |
He's taken control of a lot of the tasks. | 0:50:15 | 0:50:18 | |
He was project manager officially twice, | 0:50:18 | 0:50:20 | |
but he was actually orchestrating things from the back. | 0:50:20 | 0:50:23 | |
The trouble with Richard is, he had a genuine opportunity | 0:50:23 | 0:50:26 | |
to be straight with you about his business competing or not. | 0:50:26 | 0:50:29 | |
He somehow fudged it again. | 0:50:29 | 0:50:31 | |
And then there's Joseph, a young man, a real hard worker. | 0:50:31 | 0:50:36 | |
He's very straightforward, he talks language that I can understand. | 0:50:36 | 0:50:40 | |
It's whether he is too young. | 0:50:40 | 0:50:42 | |
You know, he has still got some naivete about him. | 0:50:42 | 0:50:45 | |
Vana, highly intelligent. | 0:50:46 | 0:50:48 | |
But this type of business that she wants to get into is massive, | 0:50:48 | 0:50:52 | |
it needs massive amounts of money injected into it, | 0:50:52 | 0:50:55 | |
although she says, "No, we can do it." | 0:50:55 | 0:50:57 | |
It's a typical huge hockey stick, | 0:50:57 | 0:50:59 | |
you have to have an act of faith whether you're going to | 0:50:59 | 0:51:01 | |
go on that journey or whether she's going to burn. | 0:51:01 | 0:51:04 | |
All right. | 0:51:04 | 0:51:05 | |
PHONE RINGS | 0:51:08 | 0:51:10 | |
-Can you send the three of them in, please? -Yes, Lord Sugar. | 0:51:10 | 0:51:13 | |
Lord Sugar will see you now. | 0:51:13 | 0:51:15 | |
Vana, I need convincing from you | 0:51:30 | 0:51:32 | |
that I'm going to be making some money. | 0:51:32 | 0:51:34 | |
I understand that it's a risk, but this is a market that's growing. | 0:51:34 | 0:51:38 | |
25% of marriages in the UK meet online. | 0:51:38 | 0:51:40 | |
-That is a fact. -What about divorces, then? | 0:51:40 | 0:51:43 | |
-SHE LAUGHS -I'm not sure about the divorce rate, but... | 0:51:43 | 0:51:45 | |
-Mm. -I want to ease your qualms a little bit. | 0:51:45 | 0:51:49 | |
I have experience in this industry. | 0:51:49 | 0:51:50 | |
I understand how an app is built, I understand how to pitch, | 0:51:50 | 0:51:54 | |
and I understand how to sell a product, so... | 0:51:54 | 0:51:57 | |
I have a passion for this, and I can bring this to fruition. | 0:51:57 | 0:52:02 | |
Mm-hmm. | 0:52:02 | 0:52:03 | |
-And if it don't work? -I mean... | 0:52:03 | 0:52:05 | |
In every business you're investing in, in the plumbing business, | 0:52:05 | 0:52:08 | |
in the marketing business, | 0:52:08 | 0:52:09 | |
-in every business, there's a chance that it doesn't work. -Mm. | 0:52:09 | 0:52:12 | |
Um... Joseph, | 0:52:12 | 0:52:14 | |
remember on the property task, | 0:52:14 | 0:52:16 | |
where you jumped in to become the project manager, | 0:52:16 | 0:52:19 | |
you was a fish out of water | 0:52:19 | 0:52:20 | |
in being able to deal with this, kind of, high-level stuff. | 0:52:20 | 0:52:24 | |
So, I think in my own business, I'm a lot more confident | 0:52:24 | 0:52:26 | |
to be able to sell it, sell myself, sell what we do. | 0:52:26 | 0:52:29 | |
When you're growing a business, | 0:52:29 | 0:52:30 | |
it's really important that you can move in different circles. | 0:52:30 | 0:52:33 | |
Yeah, and I think I can move in different circles. | 0:52:33 | 0:52:36 | |
I think that I've took that lesson on board, | 0:52:36 | 0:52:38 | |
and I can 100% get a large client base. | 0:52:38 | 0:52:41 | |
I think I've already done that, I've only been going for two years. | 0:52:41 | 0:52:44 | |
Imagine what I can do in ten years. | 0:52:44 | 0:52:45 | |
There is a trait that plumbers have | 0:52:45 | 0:52:48 | |
in that their estimates are too high. | 0:52:48 | 0:52:50 | |
Are you estimating too highly here to me? | 0:52:50 | 0:52:54 | |
Not at all. | 0:52:54 | 0:52:55 | |
If I can make £60,000 in two years with no help at all, | 0:52:55 | 0:53:00 | |
-learning everything myself... -Mm-hmm... | 0:53:00 | 0:53:02 | |
I've learnt the core lessons, | 0:53:02 | 0:53:03 | |
and now it's just all about moving forward, | 0:53:03 | 0:53:05 | |
-I've got a great base for us to build on. -Right. -There's no doubt... | 0:53:05 | 0:53:08 | |
Richard, I'm going into business with somebody | 0:53:08 | 0:53:11 | |
who's going to give 100% to the new business | 0:53:11 | 0:53:13 | |
that we are going to form, OK? | 0:53:13 | 0:53:16 | |
And we have explained, your existing business | 0:53:16 | 0:53:19 | |
and the proposed one is exactly the same. | 0:53:19 | 0:53:21 | |
I'm not going to business with anybody | 0:53:21 | 0:53:23 | |
that's got some other deal on the side. | 0:53:23 | 0:53:25 | |
Now, does the old business amalgamate in, yes or no? | 0:53:26 | 0:53:30 | |
No, because I can't offer that, | 0:53:31 | 0:53:34 | |
because my brother's a 50% shareholder in that business. | 0:53:34 | 0:53:38 | |
Right, OK, so are you going to give your 50% to your brother? | 0:53:38 | 0:53:41 | |
I am 100% agreed with my brother that my full-time focus | 0:53:41 | 0:53:44 | |
would be on the new business... | 0:53:44 | 0:53:45 | |
I just asked you a question, you're not answering it. | 0:53:45 | 0:53:48 | |
Are you going to give your other 50% to your brother? | 0:53:48 | 0:53:51 | |
I came into this process saying... | 0:53:51 | 0:53:55 | |
Um...that I would keep that and be a silent partner, | 0:53:55 | 0:53:57 | |
cos I set up the business... | 0:53:57 | 0:53:58 | |
Can I just have a straightforward answer? | 0:53:58 | 0:54:01 | |
No. | 0:54:01 | 0:54:03 | |
-No what? -I wasn't going to hand over those shares. | 0:54:03 | 0:54:07 | |
Well, that's the first time you've been straight with us here, | 0:54:07 | 0:54:09 | |
really, so that's an improvement. | 0:54:09 | 0:54:11 | |
So, conflict of interest between the two businesses, possibly, then. | 0:54:11 | 0:54:15 | |
Right, well... | 0:54:17 | 0:54:18 | |
Two of you are going to go through to the final. | 0:54:18 | 0:54:21 | |
It's very difficult... | 0:54:22 | 0:54:24 | |
..because we've got three very credible people | 0:54:25 | 0:54:27 | |
that have battled their way through the process. | 0:54:27 | 0:54:31 | |
Vana, I worry this £250,000 | 0:54:35 | 0:54:39 | |
is like a spit in the ocean, really, in order for this to be successful. | 0:54:39 | 0:54:44 | |
Um... Joseph, my concern is whether you are mature enough yet, | 0:54:45 | 0:54:51 | |
whether you're here too early for me. | 0:54:51 | 0:54:53 | |
Um... | 0:54:54 | 0:54:57 | |
But you're a business that I can understand, | 0:54:57 | 0:55:00 | |
and I also understand that you're very, very determined. | 0:55:00 | 0:55:04 | |
And so I'm going to tell you right now, Joseph, | 0:55:06 | 0:55:10 | |
that you... | 0:55:10 | 0:55:11 | |
are going to be in the final. | 0:55:11 | 0:55:13 | |
Thank you very much. | 0:55:13 | 0:55:14 | |
I won't let you down, I'm going to make you a lot of money. | 0:55:16 | 0:55:18 | |
Well, you've got to win first of all. | 0:55:18 | 0:55:20 | |
But you're in the final. | 0:55:20 | 0:55:23 | |
I have got a problem here between two very, very intelligent people. | 0:55:23 | 0:55:29 | |
Can I alleviate one concern for you, Lord Sugar? | 0:55:29 | 0:55:32 | |
I want to commit myself 100%. | 0:55:32 | 0:55:34 | |
I'm willing to give up all shareholdings and just go 100%. | 0:55:34 | 0:55:37 | |
OK, I mean, that's just one element of it. | 0:55:37 | 0:55:39 | |
Richard... | 0:55:41 | 0:55:43 | |
You've done extremely well in the process. | 0:55:43 | 0:55:46 | |
So you've obviously got something there. | 0:55:46 | 0:55:48 | |
Vana, in order for your business plan idea to work, | 0:55:51 | 0:55:56 | |
it has got to be so drop-dead brilliant | 0:55:56 | 0:55:59 | |
that it's going to capture the imagination of users | 0:55:59 | 0:56:02 | |
at a very early stage. | 0:56:02 | 0:56:04 | |
I'm a gambler. | 0:56:06 | 0:56:07 | |
Richard... | 0:56:10 | 0:56:11 | |
You've been a very, very good candidate here, | 0:56:12 | 0:56:15 | |
but I've decided I'm going to take a gamble | 0:56:15 | 0:56:18 | |
by allowing Vana into the final. | 0:56:18 | 0:56:20 | |
So Richard, | 0:56:20 | 0:56:22 | |
you're fired. | 0:56:22 | 0:56:24 | |
Thank you very much. | 0:56:24 | 0:56:25 | |
Thank you, Karren, thank you, Claude, thank you, Lord Sugar. | 0:56:25 | 0:56:28 | |
Good luck, guys. | 0:56:28 | 0:56:30 | |
Ahem... | 0:56:31 | 0:56:32 | |
HE SIGHS | 0:56:38 | 0:56:40 | |
Very well done, the pair of you. You're in the final, | 0:56:52 | 0:56:54 | |
and I'll be contacting you in a couple of days' time, | 0:56:54 | 0:56:58 | |
letting you know what it's all about, OK? | 0:56:58 | 0:57:00 | |
-Off you go, back to the house. -Thank you. -Thank you. | 0:57:00 | 0:57:03 | |
Throughout this process I've been the most successful candidate | 0:57:18 | 0:57:22 | |
in terms of tasks, and I just really want him to see | 0:57:22 | 0:57:24 | |
that I have a talent for business, and if he invested in me, | 0:57:24 | 0:57:28 | |
I could have ironed out those problems in the business plan. | 0:57:28 | 0:57:31 | |
And I'm gutted that I haven't got that opportunity. | 0:57:31 | 0:57:34 | |
-Yes, this is the greatest day of my life! -I don't believe it! | 0:57:35 | 0:57:38 | |
-Well done, Vana. -Great job! -So happy! -I am... I'm shellshocked. | 0:57:38 | 0:57:40 | |
-Can't believe it! Head-to-head final, me and you. -Yeah! | 0:57:40 | 0:57:43 | |
-Fighting it out to the death for the 250 grand. -VANA LAUGHS | 0:57:43 | 0:57:46 | |
-Do or die! -Well, I know it won't be, like, a physical fight, | 0:57:46 | 0:57:49 | |
but it will be a definite fight. | 0:57:49 | 0:57:51 | |
Now just two candidates remain. | 0:57:51 | 0:57:55 | |
Lord Sugar's search for his next business partner is nearly over. | 0:57:55 | 0:58:01 | |
-Next time... -For your final task, | 0:58:01 | 0:58:03 | |
I want you to launch your businesses. | 0:58:03 | 0:58:05 | |
-# This is the night... # -..broken hearts... | 0:58:05 | 0:58:09 | |
You look like a freak. | 0:58:09 | 0:58:10 | |
..versus broken boilers. | 0:58:10 | 0:58:12 | |
-The fire's not working! -STIFFLY: -Neither is the bath! | 0:58:12 | 0:58:15 | |
Cut! "Nei-ther is the bath!" | 0:58:15 | 0:58:18 | |
-Wow! -It's head-to-head... | 0:58:18 | 0:58:20 | |
Do yourself proud. | 0:58:20 | 0:58:21 | |
Gaming and dating. | 0:58:21 | 0:58:23 | |
..in the battle for Lord Sugar's quarter million pound investment. | 0:58:23 | 0:58:27 | |
You are going to be my business partner. | 0:58:27 | 0:58:30 |