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Lord Sugar's on the search for a brand-new business partner. | 0:00:02 | 0:00:06 | |
This is a business proposition from heaven. | 0:00:06 | 0:00:10 | |
On offer, a £250,000 investment. | 0:00:10 | 0:00:14 | |
-We need to go now. -Run. | 0:00:14 | 0:00:17 | |
Oh, my God! | 0:00:17 | 0:00:18 | |
18 candidates have been whittled down to a final five. | 0:00:18 | 0:00:23 | |
To infinity and beyond! | 0:00:23 | 0:00:25 | |
Your behaviour is ridiculous. | 0:00:25 | 0:00:27 | |
Can you actually physically do it? | 0:00:27 | 0:00:29 | |
-No. -With a life-changing prize... | 0:00:29 | 0:00:32 | |
You've done extremely well to get here. | 0:00:32 | 0:00:34 | |
..who will reach the final? | 0:00:34 | 0:00:36 | |
You're fired. You're fired. | 0:00:36 | 0:00:38 | |
You will not be my business partner. | 0:00:38 | 0:00:40 | |
You're fired. | 0:00:40 | 0:00:42 | |
This programme contains some strong language. | 0:00:43 | 0:00:49 | |
-Previously... -You're going to act as fashion agents at your very own | 0:00:49 | 0:00:55 | |
-catwalk show. -Cash in on clothing. | 0:00:55 | 0:00:59 | |
-I won't be putting myself forward for project manager. -I think you're probably best placed. | 0:00:59 | 0:01:02 | |
In the spotlight, team leader Jade... | 0:01:02 | 0:01:05 | |
Maybe she could be like this. | 0:01:05 | 0:01:08 | |
..took a punt on premium pieces. | 0:01:08 | 0:01:10 | |
Like a gold ghost. | 0:01:10 | 0:01:11 | |
But with a branding boo-boo... | 0:01:11 | 0:01:13 | |
She goes by another name. | 0:01:13 | 0:01:15 | |
..and luxury prices... | 0:01:15 | 0:01:17 | |
-Is there any flexibility with the price? -We haven't got any movement. | 0:01:17 | 0:01:20 | |
..orders were slim. | 0:01:20 | 0:01:21 | |
It is just far too high. | 0:01:21 | 0:01:23 | |
On the other team... | 0:01:23 | 0:01:25 | |
I would love to be project manager. | 0:01:25 | 0:01:27 | |
..Joanna picked affordable clothing. | 0:01:27 | 0:01:29 | |
The one that we're going for is cheaper than the other designer. | 0:01:29 | 0:01:32 | |
Despite supermodel-sized strops... | 0:01:32 | 0:01:35 | |
We need to just start running through it. | 0:01:35 | 0:01:36 | |
Do you want me to direct it or do you want me to make a mess of it? | 0:01:36 | 0:01:39 | |
..their collection sold well. | 0:01:39 | 0:01:41 | |
You might as well just take the whole one and I'll give you 10% off. | 0:01:41 | 0:01:44 | |
-Go for it. -Yeah? -Yeah! | 0:01:44 | 0:01:45 | |
In the boardroom, | 0:01:45 | 0:01:47 | |
Joanna had it all sewn up. | 0:01:47 | 0:01:49 | |
The orders were £25,663.50. | 0:01:49 | 0:01:54 | |
-Very good! -On the losing team, Sarah got shirty. | 0:01:54 | 0:01:58 | |
If you're going into business with Lord Sugar, you have to be capable, you have to be competent. | 0:01:58 | 0:02:02 | |
But Harrison got clobbered. | 0:02:02 | 0:02:04 | |
Harrison, you're fired. | 0:02:04 | 0:02:06 | |
And Jade was hung out to dry. | 0:02:06 | 0:02:08 | |
This was a big mess-up. | 0:02:08 | 0:02:10 | |
You're fired. | 0:02:10 | 0:02:12 | |
Now, the final five remain | 0:02:12 | 0:02:15 | |
to fight for the chance to become | 0:02:15 | 0:02:18 | |
Lord Sugar's business partner. | 0:02:18 | 0:02:20 | |
One week till Lord Sugar makes his final choice. | 0:02:29 | 0:02:33 | |
You got through that boardroom. How'd you do it? | 0:02:35 | 0:02:37 | |
It was the worst by far. | 0:02:37 | 0:02:40 | |
Hey, aren't you hard?! | 0:02:40 | 0:02:43 | |
Down to five, now. We've got to carry on. | 0:02:43 | 0:02:45 | |
PHONE RINGS | 0:02:50 | 0:02:52 | |
Here we go. | 0:02:52 | 0:02:53 | |
-Hello. -Good morning. Lord Sugar would like you to meet him | 0:02:57 | 0:03:01 | |
tomorrow morning at 34-37 Liverpool St. | 0:03:01 | 0:03:05 | |
-Please bring your business plans with you. -Goodbye. | 0:03:05 | 0:03:08 | |
Joanna! James! Michaela! | 0:03:08 | 0:03:12 | |
-Right. -We have to be in Liverpool St tomorrow morning with our | 0:03:17 | 0:03:21 | |
-business plans. -I'm absolutely bricking it, I'm not going to lie. | 0:03:21 | 0:03:24 | |
Who is going to be Lord Sugar's next business partner? | 0:03:24 | 0:03:27 | |
Me, and I'll give you all a job. | 0:03:27 | 0:03:29 | |
-Oh, thanks, mate! -Not you! | 0:03:29 | 0:03:32 | |
For the final five... | 0:03:36 | 0:03:37 | |
..one last chance to go over their business plans. | 0:03:39 | 0:03:42 | |
It's set to expand by 70%. | 0:03:42 | 0:03:44 | |
It's hard to remember everything. | 0:03:44 | 0:03:46 | |
I think I've got a natural aura of... | 0:03:46 | 0:03:50 | |
..infectiousness. | 0:03:50 | 0:03:51 | |
James White has three years' experience | 0:03:51 | 0:03:54 | |
as an IT recruitment consultant with a major company. | 0:03:54 | 0:03:58 | |
I know that I'm a credible candidate, I know that my experiences speak for itself. | 0:03:58 | 0:04:01 | |
This would generate more than 100,000 gross profit. | 0:04:01 | 0:04:05 | |
I can't sleep properly. I just wake up and I'm thinking... | 0:04:05 | 0:04:07 | |
-..I'm going to win this! -Er... | 0:04:07 | 0:04:09 | |
SHE SIGHS | 0:04:11 | 0:04:13 | |
Michaela Wain already owns several companies and boasts a turnover | 0:04:13 | 0:04:18 | |
of £2.7 million. | 0:04:18 | 0:04:20 | |
I know how to start a business but I just don't know how to take it to | 0:04:21 | 0:04:24 | |
that next level, and that's why I've come into this. | 0:04:24 | 0:04:27 | |
But I've not had an interview for 13 years and I just say | 0:04:27 | 0:04:31 | |
inappropriate things. | 0:04:31 | 0:04:33 | |
Oh, God, I'm just going to embarrass myself! | 0:04:33 | 0:04:36 | |
OK, let's hope Lord Sugar's got a sweet tooth! | 0:04:36 | 0:04:38 | |
Confectionery gift company owner Sarah Lynn has spent the past | 0:04:39 | 0:04:44 | |
seven years building up her business. | 0:04:44 | 0:04:46 | |
I'm a rounded, full package. | 0:04:46 | 0:04:48 | |
I'm doing the business that I'm talking about. | 0:04:48 | 0:04:51 | |
An investment from Lord Sugar would allow me to scale the business up | 0:04:51 | 0:04:54 | |
and really see it soar. | 0:04:54 | 0:04:55 | |
So I'm excited, feel fully credible and, yeah, | 0:04:55 | 0:04:58 | |
-raring to go. -I've really missed you guys, I really have. | 0:04:58 | 0:05:03 | |
Florist Elizabeth McKenna has been singled out by Lord Sugar for both | 0:05:03 | 0:05:07 | |
praise and criticism. | 0:05:07 | 0:05:10 | |
God, you're as big as I am and that's saying something! | 0:05:10 | 0:05:13 | |
My wildest dreams had me in the final five. | 0:05:13 | 0:05:17 | |
Lord Sugar could have sacked me at various different occasions and I | 0:05:17 | 0:05:20 | |
think he saw something to keep me in. | 0:05:20 | 0:05:22 | |
He gave me a cheeky smile the last time he sent me back to this house | 0:05:22 | 0:05:25 | |
and I'm going to take that cheeky smile back to him and say, "Come on, | 0:05:25 | 0:05:28 | |
"let's take it a bit further." | 0:05:28 | 0:05:29 | |
Oh, my God, I can't say that! | 0:05:29 | 0:05:31 | |
Right, what says "winner's outfit"? | 0:05:34 | 0:05:36 | |
Despite being the youngest candidate... | 0:05:36 | 0:05:39 | |
The legendary power-shoulder blazer? | 0:05:39 | 0:05:43 | |
..politics graduate Joanna Jarjue has the best track record in the process. | 0:05:43 | 0:05:48 | |
I've won eight out of ten tasks. | 0:05:49 | 0:05:51 | |
I've also won both project management tasks that I've run. | 0:05:51 | 0:05:54 | |
Some people might have thought I was the underdog but I've come back fighting every week. | 0:05:54 | 0:05:58 | |
Literally my eye is on the ball and the ball has £250,000 written on it. | 0:05:58 | 0:06:03 | |
So, James, how are you feeling on your final day? Cos it's going to be an all-girl final. | 0:06:16 | 0:06:19 | |
-Oh... -As you know! -That's fighting talk. | 0:06:19 | 0:06:22 | |
It won't be bad coming third. | 0:06:22 | 0:06:25 | |
Just trying to get in the zone, now, just get focused. | 0:06:39 | 0:06:42 | |
Yeah. | 0:06:42 | 0:06:44 | |
I haven't got butterflies in my stomach, but something's flapping in there. | 0:06:44 | 0:06:47 | |
In the heart of London's financial district... | 0:06:52 | 0:06:55 | |
..their destination... | 0:06:57 | 0:06:58 | |
..the Crosspoint building. | 0:07:00 | 0:07:02 | |
-Good morning. -ALL: Good morning, Lord Sugar. | 0:07:24 | 0:07:26 | |
Now, this building represents one of my company's most recent investments. | 0:07:26 | 0:07:32 | |
And in order to develop this building, | 0:07:32 | 0:07:34 | |
every square inch has been gone over with a fine-tooth comb. | 0:07:34 | 0:07:39 | |
And that is exactly what's going to happen to your business plans today. | 0:07:39 | 0:07:43 | |
I've asked four of my most trusted business advisors, including Claude, | 0:07:43 | 0:07:49 | |
to go over your plans in minute detail. | 0:07:49 | 0:07:54 | |
And they won't miss a trick, | 0:07:54 | 0:07:55 | |
so you'd better hope everything is in order. | 0:07:55 | 0:07:58 | |
So, I'd like you to hand over your business plans now | 0:07:59 | 0:08:02 | |
to Claude and Karren. | 0:08:02 | 0:08:04 | |
Well, good luck, and when I see you in the boardroom tomorrow, | 0:08:11 | 0:08:15 | |
I'm going to decide which two of you are going to go through to the final. | 0:08:15 | 0:08:20 | |
Off you go. | 0:08:20 | 0:08:21 | |
Lying in wait, four merciless interviewers. | 0:08:26 | 0:08:29 | |
Getting to the heart of matters, | 0:08:31 | 0:08:33 | |
managing director of a £1 billion media agency... | 0:08:33 | 0:08:36 | |
You know there's an expression that someone's too nice? | 0:08:36 | 0:08:39 | |
I have had that in this process... | 0:08:39 | 0:08:41 | |
..Claudine Collins. | 0:08:41 | 0:08:42 | |
..but I don't feel anyone on the outside world would describe me as | 0:08:42 | 0:08:45 | |
-not tough enough. -And yet in your application form you said there have | 0:08:45 | 0:08:49 | |
been many times when you've not been tough enough. | 0:08:49 | 0:08:52 | |
-Did I? -You did. | 0:08:52 | 0:08:54 | |
Publishing supremo Mike Suter. | 0:08:57 | 0:09:00 | |
You went straight from university into recruitment. | 0:09:00 | 0:09:03 | |
-I did. -And you've done pretty well, is that right? | 0:09:03 | 0:09:05 | |
Reading between the lines. | 0:09:05 | 0:09:07 | |
Yeah, I did do pretty well in the company I was in. | 0:09:07 | 0:09:10 | |
You said in your application you left under a cloud. | 0:09:10 | 0:09:12 | |
That is correct, yes. | 0:09:12 | 0:09:14 | |
Did they sack you? | 0:09:14 | 0:09:16 | |
They did, yeah. | 0:09:16 | 0:09:18 | |
Having scrutinised the candidates for ten weeks, Claude Littner. | 0:09:21 | 0:09:26 | |
Michaela, throughout this process you kind of go into | 0:09:26 | 0:09:29 | |
disinterested mode or to playful mode. | 0:09:29 | 0:09:32 | |
In absolutely everything I've done I've tried 100%. | 0:09:32 | 0:09:34 | |
There's some things that I'm just not good at, and nobody is perfect. | 0:09:34 | 0:09:37 | |
-I'm sure there's things that you're not good at, Claude. -Really? | 0:09:37 | 0:09:40 | |
Also unleashed on the business plans, founder of a global design company... | 0:09:44 | 0:09:50 | |
"We have a face, we show it." | 0:09:50 | 0:09:52 | |
..Linda Plant. | 0:09:52 | 0:09:53 | |
-What does that mean? -You can ring me, speak to me, | 0:09:53 | 0:09:55 | |
I'll talk to you about what I've got and I'll make you something to send | 0:09:55 | 0:09:58 | |
to one of your clients and show that I care about you as much as you care | 0:09:58 | 0:10:01 | |
about them. | 0:10:01 | 0:10:03 | |
Sounds rubbish. | 0:10:03 | 0:10:05 | |
-What's your motto? -No guts, no glory. | 0:10:12 | 0:10:14 | |
No guts, no glory. That suits me. | 0:10:14 | 0:10:16 | |
-Good luck, Elizabeth. -I wish that was a bourbon, I tell you. | 0:10:19 | 0:10:22 | |
I'm scared of throwing my guts up, though, and then losing all the glory. | 0:10:23 | 0:10:27 | |
You are the master of your own destiny. | 0:10:29 | 0:10:31 | |
It's all about you, now. | 0:10:31 | 0:10:33 | |
-Let's do this. -LIFT: Doors open. | 0:10:33 | 0:10:35 | |
So, Elizabeth, describe the business that you want Lord Sugar to invest | 0:10:42 | 0:10:46 | |
£250,000 in. | 0:10:46 | 0:10:48 | |
OK, well, I currently run a business that is three florists that are linked together. | 0:10:48 | 0:10:52 | |
My business structure is very, very, um... | 0:10:52 | 0:10:55 | |
What's the word I want? | 0:10:56 | 0:10:58 | |
Um... | 0:10:58 | 0:10:59 | |
No, I've lost my word, let me find it. | 0:11:00 | 0:11:02 | |
Um, efficient. I have a very, | 0:11:03 | 0:11:06 | |
very efficient way that I run my business and my plan is to extend | 0:11:06 | 0:11:09 | |
the corporate gifting side of the business dramatically, | 0:11:09 | 0:11:12 | |
offering a service that can be made up centrally and be sent | 0:11:12 | 0:11:15 | |
around the country. | 0:11:15 | 0:11:17 | |
You're describing... | 0:11:17 | 0:11:19 | |
..an online florist. | 0:11:19 | 0:11:21 | |
You're doing nothing different so far as I can see. | 0:11:21 | 0:11:24 | |
Hello, Claude. | 0:11:27 | 0:11:28 | |
Joanna, task one, there was a flare-up with Bushra. | 0:11:33 | 0:11:37 | |
Task two, you fell out with Jade. | 0:11:37 | 0:11:39 | |
Task three, you created tension because you thought your views were | 0:11:39 | 0:11:43 | |
not being listened to. You've always got an argument one inch away from | 0:11:43 | 0:11:47 | |
where we are. So I'm astounded that you've got to this stage. | 0:11:47 | 0:11:52 | |
But you're here, | 0:11:52 | 0:11:54 | |
so can you just explain exactly what this business is? | 0:11:54 | 0:11:58 | |
Basically the business is like an Asos for work where it's to provide | 0:11:58 | 0:12:02 | |
appropriate and stylish clothing for women in office-based scenarios. | 0:12:02 | 0:12:06 | |
-So... -OK. | 0:12:06 | 0:12:07 | |
Well, I think the idea is not a bad one, OK, | 0:12:07 | 0:12:11 | |
but I have some knowledge of the fashion industry. | 0:12:11 | 0:12:13 | |
-Yeah. -So I want you to explain to me how you'd go about it. | 0:12:13 | 0:12:15 | |
I would call wholesalers and see if they can send me some catalogues | 0:12:15 | 0:12:18 | |
of the kind of things that they actually stock. | 0:12:18 | 0:12:20 | |
Yeah. They're not going to send you a catalogue because it just doesn't | 0:12:20 | 0:12:23 | |
work that way - it's a fast-moving pace of product. | 0:12:23 | 0:12:25 | |
Anyway, let us assume you've got the stock, the customer buys it. | 0:12:25 | 0:12:28 | |
And then she tries it on... | 0:12:28 | 0:12:30 | |
Doesn't really like it, so you've got a return. | 0:12:30 | 0:12:32 | |
When it comes back, it's frankly unsaleable. | 0:12:32 | 0:12:34 | |
The outsourced service that I've picked, | 0:12:34 | 0:12:36 | |
they're going to go through all the clothing, re-tag it, clean it, | 0:12:36 | 0:12:40 | |
-do everything... -No-one's going to do that. | 0:12:40 | 0:12:42 | |
Basically, you've got a passion for it, that's a tick in the box. | 0:12:44 | 0:12:47 | |
You've got no other ticks in the box. | 0:12:47 | 0:12:49 | |
You don't know how much you don't know | 0:12:49 | 0:12:51 | |
because you don't know. | 0:12:51 | 0:12:53 | |
-Yeah. -LIFT: Doors closing. | 0:12:53 | 0:12:55 | |
Definitely cannot get any worse than that. | 0:12:57 | 0:13:00 | |
-What was it like? -I was just like... -JOANNA BREATHES RAPIDLY | 0:13:00 | 0:13:02 | |
-Was he tough? -Yeah. -So do you think you came over well? | 0:13:02 | 0:13:05 | |
No. | 0:13:05 | 0:13:06 | |
How'd you think Elizabeth's coping? She's been in there ages. | 0:13:08 | 0:13:11 | |
How would you describe your temperament? | 0:13:13 | 0:13:15 | |
My temperament can be mixed. | 0:13:15 | 0:13:17 | |
OK. OK. That probably explains reviews which I have read online... | 0:13:17 | 0:13:23 | |
-Yeah. -..about your business. | 0:13:23 | 0:13:25 | |
Somebody had "the unfortunate experience of speaking to Elizabeth. | 0:13:27 | 0:13:31 | |
"She was angry and shouting." | 0:13:31 | 0:13:33 | |
Somebody else said, "Avoid like the plague." | 0:13:34 | 0:13:36 | |
-I have... -How does that make you feel? | 0:13:36 | 0:13:39 | |
It absolutely cuts me to the core that people would say that when | 0:13:39 | 0:13:42 | |
somebody's worked very, very hard. | 0:13:42 | 0:13:44 | |
I am the sort of person that will say, "No, actually, enough's enough." | 0:13:44 | 0:13:47 | |
So you disagree, you weren't rude? | 0:13:47 | 0:13:49 | |
I disagree. | 0:13:49 | 0:13:50 | |
ELIZABETH GROANS LIFT: Doors opening. | 0:13:53 | 0:13:56 | |
-Hiya. -Hello. | 0:13:59 | 0:14:01 | |
So tell me a bit about yourself. | 0:14:05 | 0:14:07 | |
I grew up in Bolton, if you can't tell by my accent. | 0:14:07 | 0:14:10 | |
-I can tell. -My mum was poor, she was on her own at 23 with three kids, | 0:14:10 | 0:14:16 | |
so we just didn't have an awful lot. | 0:14:16 | 0:14:18 | |
Not that I didn't like my childhood, it was amazing, I love my brothers. | 0:14:18 | 0:14:20 | |
But I wouldn't want my son to get benefits and free school uniforms | 0:14:20 | 0:14:25 | |
and all that. So I started the business, grafted and took it to | 0:14:25 | 0:14:29 | |
-where it is. -OK. | 0:14:29 | 0:14:30 | |
So tell me, what is the biggest misconception about you? | 0:14:30 | 0:14:35 | |
People always think I'm confident, | 0:14:35 | 0:14:37 | |
because when I get nervous, you know, like, I talk loud and I say inappropriate things, perhaps, | 0:14:37 | 0:14:43 | |
just anything so that people don't know that inside I am crumbling. | 0:14:43 | 0:14:47 | |
Why do you have a problem with your confidence? | 0:14:47 | 0:14:49 | |
I don't like feeling like I'm being judged or something. | 0:14:49 | 0:14:52 | |
And you've heard how I speak, like, | 0:14:52 | 0:14:53 | |
I know obviously I'm going to come down to London and you're all like, "Oh, hello," and I'm like, "Easy." | 0:14:53 | 0:14:58 | |
I guess it comes from an insecure place. I don't know why. | 0:14:58 | 0:15:01 | |
I think it's concerning, because Lord Sugar wants someone that is | 0:15:01 | 0:15:05 | |
confident in themselves. | 0:15:05 | 0:15:06 | |
Yeah, but when it comes to business, like, I'm not insecure, | 0:15:06 | 0:15:08 | |
I don't feel insecure. If there's a problem, I sort it out. | 0:15:08 | 0:15:12 | |
But if it's other things, like all this now... | 0:15:12 | 0:15:16 | |
Isn't great. | 0:15:16 | 0:15:17 | |
-Hello, Sarah Lynn. -Hello. | 0:15:22 | 0:15:23 | |
Can you describe for me the business that you want Lord Sugar to invest in? | 0:15:23 | 0:15:27 | |
So it's to build on the small business I've built, and we source | 0:15:27 | 0:15:31 | |
unusual and classic confectionery and we repack it into boxes and bags | 0:15:31 | 0:15:36 | |
and we sell it in retailers and online. | 0:15:36 | 0:15:38 | |
Your website will presumably play quite a significant role | 0:15:38 | 0:15:42 | |
-in delivering your vision, wouldn't it? -Yes. | 0:15:42 | 0:15:44 | |
When I went on your existing website, | 0:15:44 | 0:15:47 | |
much of it simply didn't work. | 0:15:47 | 0:15:50 | |
Weddings and Events didn't work, Treats Tuesday didn't work, | 0:15:51 | 0:15:56 | |
Signature Lines didn't work. | 0:15:56 | 0:15:59 | |
That's really frustrating to hear. | 0:15:59 | 0:16:00 | |
It was very poor. | 0:16:00 | 0:16:02 | |
I want to turn to your brand. | 0:16:03 | 0:16:05 | |
-This is one of your products, isn't it? -Yes, it is. | 0:16:07 | 0:16:10 | |
Can you describe what's on the table in front of you? | 0:16:10 | 0:16:12 | |
I think it's fantastic. It's fun, it's unique, it's beautiful. | 0:16:12 | 0:16:15 | |
-So this is a unique product? -That's correct. | 0:16:15 | 0:16:18 | |
Here's one of your competitors. | 0:16:21 | 0:16:22 | |
Here's another one of your competitors. | 0:16:25 | 0:16:28 | |
Now, to me, that just looks exactly the same. | 0:16:29 | 0:16:32 | |
I... So, to me, they don't look the same. | 0:16:33 | 0:16:36 | |
-They're identical. -It's hand-packed. | 0:16:36 | 0:16:38 | |
That won't make any difference to the consumer. | 0:16:38 | 0:16:41 | |
Er... I think the bow on the top adds to the value of it. | 0:16:41 | 0:16:45 | |
So it's the bow? | 0:16:45 | 0:16:47 | |
Every other situation in life that you can imagine, | 0:16:52 | 0:16:55 | |
James's smooth talking will get him somewhere. | 0:16:55 | 0:16:58 | |
Claude just doesn't care. | 0:16:58 | 0:16:59 | |
All right, James, let's just talk a little bit about this business plan. | 0:17:01 | 0:17:05 | |
It's an IT recruitment business. | 0:17:05 | 0:17:07 | |
We're currently looking at digital technology, | 0:17:07 | 0:17:10 | |
the cyber-security industry. The clients that I'm actually targeting, | 0:17:10 | 0:17:13 | |
these are clients that I had when I was with my previous company. | 0:17:13 | 0:17:16 | |
OK. So it is a fresh start? | 0:17:16 | 0:17:18 | |
-Yeah. -And yet you are being completely crazy with the numbers. | 0:17:18 | 0:17:22 | |
You know, year three, for example, where allegedly you're making £9 million. | 0:17:22 | 0:17:26 | |
-Yeah. -That's absolutely ridiculous. | 0:17:26 | 0:17:28 | |
They're very, very ambitious numbers. | 0:17:29 | 0:17:32 | |
All these, three million, six million, nine million, 12 million... | 0:17:32 | 0:17:34 | |
Oh, they just scream ludicrous. | 0:17:34 | 0:17:37 | |
I was earning, like, 200,000 a year just myself. | 0:17:37 | 0:17:41 | |
-It's like... -It's a different thing. | 0:17:41 | 0:17:43 | |
Your plan relies on some major companies becoming your client. | 0:17:43 | 0:17:47 | |
When you are with a substantial, established company and you make a | 0:17:47 | 0:17:51 | |
phone call to that big company over there, they'll take your call, | 0:17:51 | 0:17:54 | |
-you're going to get a great opportunity. -Yeah. | 0:17:54 | 0:17:56 | |
When you phone up as a small business and say, "It's James here," | 0:17:56 | 0:18:00 | |
you don't get the time of day. | 0:18:00 | 0:18:01 | |
I know how it works and I'm here to achieve it. | 0:18:01 | 0:18:05 | |
But it's not achievable. It's not going to happen. | 0:18:05 | 0:18:07 | |
Linda. | 0:18:12 | 0:18:14 | |
Just get through it, don't be sick. | 0:18:14 | 0:18:16 | |
LIFT: Doors opening. | 0:18:16 | 0:18:19 | |
In your executive summary you say your business will effectively | 0:18:21 | 0:18:25 | |
provide a comprehensive database of all constructive projects being | 0:18:25 | 0:18:29 | |
undertaken throughout the UK. | 0:18:29 | 0:18:31 | |
Yeah, it's a website that will tell you about all the planning | 0:18:31 | 0:18:34 | |
permissions, and plumbers, roofers, | 0:18:34 | 0:18:36 | |
builders and whatnot will subscribe to this to find jobs. | 0:18:36 | 0:18:41 | |
And how are you getting the planning applications? | 0:18:41 | 0:18:44 | |
The majority of it would come from councils and then it would be the | 0:18:44 | 0:18:47 | |
researchers' job to then go into it and get the finer details. | 0:18:47 | 0:18:50 | |
So how many researchers will you have in year one? | 0:18:50 | 0:18:53 | |
-Ten. -And how many planning applications do you anticipate per month? | 0:18:53 | 0:18:57 | |
It would be thousands. | 0:18:57 | 0:18:59 | |
Doesn't that require a really substantial amount of manpower? | 0:18:59 | 0:19:03 | |
No, if the system's right then no-one will... | 0:19:03 | 0:19:06 | |
Do you know how many researchers your main competitor has? | 0:19:06 | 0:19:10 | |
-Over 70. -Yeah, but we're charging | 0:19:10 | 0:19:12 | |
much cheaper rates than what they would. | 0:19:12 | 0:19:14 | |
But this kind of business is much more about the quality | 0:19:14 | 0:19:18 | |
of the information than the price. | 0:19:18 | 0:19:21 | |
Why would I come to you? | 0:19:21 | 0:19:22 | |
-Why...? -And let me say something else. | 0:19:22 | 0:19:24 | |
You want to set up a business that you have no experience in whatsoever. | 0:19:24 | 0:19:28 | |
-I've got experience of it. -What's your experience of that business? | 0:19:28 | 0:19:31 | |
It's that I've used both competitors for the last 20 years, | 0:19:31 | 0:19:34 | |
I see the flaws in their system, I'm creating a better system... | 0:19:34 | 0:19:37 | |
I don't buy it. I don't buy it. | 0:19:37 | 0:19:40 | |
It's unfortunate if you don't buy it, but if you chose to go to my | 0:19:40 | 0:19:43 | |
competitor then I'll see you in two years' time when that contract runs | 0:19:43 | 0:19:46 | |
out and you come back to me because my information's better. | 0:19:46 | 0:19:48 | |
I would choose to go to your competitor. | 0:19:48 | 0:19:50 | |
And then you'd come back to me after two years. | 0:19:50 | 0:19:53 | |
-Easy. -How'd that go? | 0:19:55 | 0:19:57 | |
Yeah... Yeah, she was all right, man, it wasn't... | 0:19:57 | 0:19:59 | |
You know what she's like, a glamorous auntie. | 0:19:59 | 0:20:01 | |
You know, when you want to go round her house cos she's going to give | 0:20:01 | 0:20:04 | |
you pure biscuits and some spending money. | 0:20:04 | 0:20:06 | |
That makes me feel so much better. | 0:20:06 | 0:20:07 | |
-You'll be fine. -Good old Linda! | 0:20:07 | 0:20:09 | |
-Bye, JJ! -Good luck. | 0:20:09 | 0:20:11 | |
So was that a motivational speech for Joanna or is she actually really nice? | 0:20:13 | 0:20:17 | |
So you mention blouses, dresses, shirts, trousers... | 0:20:17 | 0:20:22 | |
Where are you going to get these products from? | 0:20:22 | 0:20:24 | |
So, that would be ad hoc from wholesalers. | 0:20:24 | 0:20:27 | |
Ad hoc from wholesalers? | 0:20:27 | 0:20:30 | |
You can't just walk into a wholesaler and get a range of merchandise. | 0:20:30 | 0:20:34 | |
-But if I could just... -Are they going to have enough stock? | 0:20:34 | 0:20:36 | |
Are they going to have the size ratio that you need? | 0:20:36 | 0:20:38 | |
What about when you sell something and you want repeats? | 0:20:38 | 0:20:41 | |
Are they going to have it? | 0:20:41 | 0:20:43 | |
If I could just shift the focus... | 0:20:43 | 0:20:45 | |
You want to shift the focus from the products at the very core of the business. | 0:20:45 | 0:20:49 | |
-But the... -That is what you want... Well, what?! What is the core | 0:20:49 | 0:20:52 | |
of the business? Without the product have you got a business? | 0:20:52 | 0:20:55 | |
Have you got a business without the product? | 0:20:55 | 0:20:58 | |
Have you? Just answer me, yes or no? | 0:21:00 | 0:21:02 | |
-That's an obvious "no" but what I'm trying to... -OK. | 0:21:02 | 0:21:05 | |
You've got no business without the products, and actually... | 0:21:05 | 0:21:08 | |
So if you're not manufacturing... | 0:21:08 | 0:21:09 | |
My career was the fashion business so I know, I absolutely know. | 0:21:09 | 0:21:13 | |
-If I could explain... -You've got no product. | 0:21:15 | 0:21:17 | |
-We're going to hear that lift ping. -And then Joanna just come out holding her head. | 0:21:20 | 0:21:24 | |
LIFT: Doors opening. | 0:21:26 | 0:21:27 | |
I thought you said she was nice. | 0:21:28 | 0:21:30 | |
Fucking hell. | 0:21:30 | 0:21:32 | |
Sa-vage. | 0:21:32 | 0:21:33 | |
Savage. I don't know what else to say, but good luck. | 0:21:33 | 0:21:37 | |
James. | 0:21:42 | 0:21:43 | |
I was looking at your website on my phone. | 0:21:44 | 0:21:47 | |
And, you know, your website looks very established, actually, already. | 0:21:47 | 0:21:53 | |
And down at the bottom here, it says you are a member of APSCo. | 0:21:53 | 0:21:59 | |
That's the leading trade body for the recruitment industry, isn't it? | 0:21:59 | 0:22:02 | |
-Yeah. -And I think it's really impressive that you've achieved their recognition so quickly. | 0:22:02 | 0:22:06 | |
-Yeah. -But I've checked and your company isn't registered. | 0:22:06 | 0:22:11 | |
Erm... | 0:22:11 | 0:22:13 | |
So I haven't officially joined as of yet. | 0:22:13 | 0:22:15 | |
But it's on your official live website. | 0:22:15 | 0:22:17 | |
Yeah. It's just I haven't had the money to join and the plan was... | 0:22:17 | 0:22:20 | |
So you've done it the cheap way, then, haven't you, you've just put the logo on there already? | 0:22:20 | 0:22:25 | |
-If you'd paid the fee... -Yeah. -..it would make you out to be a professional organisation. | 0:22:25 | 0:22:30 | |
This makes you look like a rank amateur. | 0:22:30 | 0:22:33 | |
LIFT: Doors closing. | 0:22:39 | 0:22:40 | |
With Linda, I think Elizabeth will struggle. | 0:22:40 | 0:22:42 | |
She's had a couple of appetisers. | 0:22:42 | 0:22:45 | |
Liz is definitely going to be the main course. | 0:22:45 | 0:22:48 | |
That's what you are here to do, give as good as you get. | 0:22:48 | 0:22:51 | |
Give as good as you get. | 0:22:51 | 0:22:53 | |
LIFT: Going down. | 0:22:53 | 0:22:55 | |
You are a multi-florist business. | 0:22:57 | 0:23:00 | |
-What is that? -Well, I have three flower shops. | 0:23:00 | 0:23:03 | |
Yeah. Is that simply what it is? | 0:23:03 | 0:23:05 | |
-Yeah. -Turnover is £486,000. | 0:23:05 | 0:23:09 | |
-Yes. -Showing a net profit of 18,000? | 0:23:09 | 0:23:13 | |
-Yes. -Not good, is it? -What's wrong with it? | 0:23:13 | 0:23:16 | |
-What's wrong with it? -That is after I've drawn a salary for myself, | 0:23:16 | 0:23:20 | |
-paid all of my staff, no credit... -All that's part of business. | 0:23:20 | 0:23:22 | |
Paying your staff is part of the business. | 0:23:22 | 0:23:25 | |
-Absolutely. -So talk me through the plan. | 0:23:25 | 0:23:28 | |
OK. You run a business, you need to send flowers to somebody - | 0:23:28 | 0:23:31 | |
I send them for you nationally. | 0:23:31 | 0:23:32 | |
Right, so that's what Lord Sugar's got to know. | 0:23:34 | 0:23:36 | |
-It's a very simple idea. -I think it's a bit too simple, actually. | 0:23:36 | 0:23:38 | |
Good afternoon, Claude. | 0:23:41 | 0:23:42 | |
Sarah. In your opening quote, it says, "Women are like tea bags. | 0:23:46 | 0:23:51 | |
"You don't know how strong they are until you put them in hot water | 0:23:51 | 0:23:54 | |
"and then you find out." Well... | 0:23:54 | 0:23:56 | |
..we have found out about you and you failed that test. | 0:23:57 | 0:24:01 | |
And I say that because throughout the tasks, you've just hung back. | 0:24:01 | 0:24:06 | |
And I wonder whether that's not a trait in your business. | 0:24:06 | 0:24:10 | |
That's frustrating to hear because, for me, | 0:24:10 | 0:24:12 | |
it's all about the passion behind this brand - that's why I've done all of what I've done on my own. | 0:24:12 | 0:24:16 | |
I want to make this huge and I feel like we're at a tipping point now. | 0:24:16 | 0:24:19 | |
But you started this business February 2009. | 0:24:19 | 0:24:22 | |
-That's right... -Seven years ago. | 0:24:22 | 0:24:24 | |
There's so much we had to do to get the product range right | 0:24:24 | 0:24:26 | |
and streamlined, to get everything absolutely correct. | 0:24:26 | 0:24:29 | |
I don't know how plausible all this is, really. | 0:24:29 | 0:24:32 | |
You haven't done it. You've just hung back. | 0:24:32 | 0:24:35 | |
Get on with it. | 0:24:35 | 0:24:36 | |
-Hiya. -Hello there. -Good afternoon. | 0:24:45 | 0:24:47 | |
Claudine, hi! | 0:24:47 | 0:24:48 | |
Since 2010, how many companies have you run or co-owned? | 0:24:50 | 0:24:55 | |
I don't know. A few. | 0:24:55 | 0:24:57 | |
I've got the details here of them. | 0:24:57 | 0:24:59 | |
There's a magazine and website design company. | 0:24:59 | 0:25:02 | |
There's a holdings company. | 0:25:04 | 0:25:06 | |
These are my companies now, yeah? | 0:25:06 | 0:25:08 | |
There's an undisclosed business. | 0:25:08 | 0:25:10 | |
Why undisclosed? | 0:25:10 | 0:25:12 | |
You tell me. | 0:25:12 | 0:25:13 | |
In your application form, you described Lord Sugar | 0:25:13 | 0:25:17 | |
as a lemon sherbet. | 0:25:17 | 0:25:19 | |
"Bright, firm and crunchy on the outside but in the middle lies | 0:25:19 | 0:25:22 | |
"a bit of bang and fizz." | 0:25:22 | 0:25:24 | |
What kind of sweet would you describe yourself as? | 0:25:24 | 0:25:26 | |
Probably similar to Lord Sugar. | 0:25:26 | 0:25:28 | |
Oh, he doesn't like it when people compare themselves to him. | 0:25:28 | 0:25:30 | |
-OK, well, I could never compare myself to him directly. -You can't. | 0:25:30 | 0:25:33 | |
But I think that there's definitely fizz and bang in me. | 0:25:33 | 0:25:36 | |
According to Claude and Karren, you're not showing it. | 0:25:36 | 0:25:39 | |
There's a utilities business. | 0:25:41 | 0:25:43 | |
Yeah. | 0:25:43 | 0:25:44 | |
There's a plumbing and heating business. | 0:25:44 | 0:25:47 | |
Oh, yeah, yeah. | 0:25:47 | 0:25:48 | |
"Everything we produce is done with skill, | 0:25:48 | 0:25:51 | |
-"love and attention." -Absolutely. -Don't all florists do the same? | 0:25:51 | 0:25:54 | |
I mean, I looked at your website. | 0:25:54 | 0:25:56 | |
Your flowers don't look that special to me. | 0:25:56 | 0:25:58 | |
Well, I thank you for that. | 0:25:58 | 0:25:59 | |
And now you're telling me that you want Lord Sugar to join with you | 0:26:01 | 0:26:05 | |
in a construction tender website business. | 0:26:05 | 0:26:08 | |
Can I just say that most of these companies are really good? | 0:26:08 | 0:26:11 | |
Doesn't that look like somebody who's going to be massively overstretched? | 0:26:13 | 0:26:19 | |
No. | 0:26:19 | 0:26:20 | |
Would you like me to go out and restart? Because it appears the tone | 0:26:24 | 0:26:26 | |
-is getting a bit confrontational. -No, I don't want you to restart. | 0:26:26 | 0:26:29 | |
And I don't want to appear confrontational but I do feel your... | 0:26:29 | 0:26:32 | |
So far, I have found you exceptionally aggressive. | 0:26:32 | 0:26:35 | |
And I asked you to explain your business plan - it was quite an arrogant reply. | 0:26:35 | 0:26:40 | |
-"I buy flowers, I sell flowers." -I didn't say that. -Do I look simple to you, Elizabeth? -I didn't say that. | 0:26:40 | 0:26:44 | |
-Do I look simple to you? -I mean this with all respect - I didn't say I buy... | 0:26:44 | 0:26:48 | |
I don't think you're being very respectful. I think you should take your tone down. | 0:26:48 | 0:26:52 | |
Oh, my God! | 0:27:01 | 0:27:03 | |
What a day. | 0:27:03 | 0:27:04 | |
I hate meeting people. | 0:27:07 | 0:27:08 | |
So, James. | 0:27:12 | 0:27:13 | |
I want to know where your drive and ambition comes from. | 0:27:13 | 0:27:17 | |
I want to build a business which is successful, you know, | 0:27:17 | 0:27:20 | |
I want to be a multimillionaire. | 0:27:20 | 0:27:22 | |
Why is that? | 0:27:22 | 0:27:24 | |
So, like, my dad was in business, high-end fur and leather shop, | 0:27:24 | 0:27:27 | |
like, sold a coat for £50,000. | 0:27:27 | 0:27:29 | |
Like, high-end stuff and it kind of went bust and he never went back | 0:27:29 | 0:27:34 | |
into business. When he failed, | 0:27:34 | 0:27:35 | |
he lost everything and he reminisces about the times, but I mean, | 0:27:35 | 0:27:39 | |
he's 70 years of age and I want him to have some kind of enjoyment in | 0:27:39 | 0:27:43 | |
life and experience some of the stuff he used to. | 0:27:43 | 0:27:45 | |
I think that's why I come across as quite confident and I've got a lot | 0:27:45 | 0:27:50 | |
of self-belief, but that's just because I just don't want to fail. | 0:27:50 | 0:27:53 | |
Michaela. | 0:28:00 | 0:28:02 | |
You have been running multiple businesses with good turnovers and good profits. | 0:28:02 | 0:28:07 | |
You've got enough of your own money to inject into the business. | 0:28:07 | 0:28:09 | |
You don't really need this investment. | 0:28:09 | 0:28:11 | |
No. No, no, no, no. No, you're wrong. | 0:28:11 | 0:28:13 | |
It isn't just about the investment. | 0:28:13 | 0:28:15 | |
I would like to have a business partner to mentor me about how to | 0:28:15 | 0:28:18 | |
-develop a business. -What are you talking about? | 0:28:18 | 0:28:21 | |
You've already built a business from zero to three million. | 0:28:21 | 0:28:23 | |
-Do it again. -But I don't know how to take a company from a three million | 0:28:23 | 0:28:26 | |
turnover to a 30 million turnover, and although it's flattering that | 0:28:26 | 0:28:29 | |
you think I don't need to be here, Claude, if I didn't need to be here, | 0:28:29 | 0:28:32 | |
then trust me, I wouldn't be putting myself through this. | 0:28:32 | 0:28:35 | |
Well, I think it's flattering that you suggest that Lord Sugar can be | 0:28:35 | 0:28:38 | |
the one who's going to take you to this promised land. | 0:28:38 | 0:28:40 | |
You're going to be coming up with the ideas. You're going to be doing | 0:28:40 | 0:28:43 | |
the work, so he's not going to be as helpful as you might expect. | 0:28:43 | 0:28:45 | |
So, Joanna. | 0:28:49 | 0:28:50 | |
I have spoken to Karren and Claude. | 0:28:51 | 0:28:54 | |
They've told me that you are a hothead. | 0:28:54 | 0:28:57 | |
I think because I wear my heart so much on my sleeve, | 0:28:57 | 0:29:00 | |
I ended up at loggerheads with a couple of people and that kind of | 0:29:00 | 0:29:03 | |
backfired on me quite a lot, so I think the process for me has | 0:29:03 | 0:29:07 | |
-definitely been a journey. -OK. | 0:29:07 | 0:29:10 | |
You've got a very distinctive socially responsible concept | 0:29:10 | 0:29:13 | |
-at the core of your business, haven't you? -Yeah. -Can you tell me about that? | 0:29:13 | 0:29:16 | |
I'd like to be able to put some of the proceeds in the developing world | 0:29:16 | 0:29:20 | |
for another girl to maybe buy a school uniform. | 0:29:20 | 0:29:23 | |
It's a nice mirror, you know. | 0:29:23 | 0:29:25 | |
Whoever is buying my clothing is dressing for success but also they | 0:29:25 | 0:29:28 | |
can help another girl somewhere else in the world kind of dress for success. | 0:29:28 | 0:29:32 | |
Joanna. | 0:29:32 | 0:29:33 | |
I think a business that has a noble purpose at the heart of it | 0:29:33 | 0:29:37 | |
is a brilliant thing. Very impressive indeed. | 0:29:37 | 0:29:40 | |
-Last one. -LIFT: Doors opening. | 0:29:43 | 0:29:45 | |
Sarah, it's taken you seven years to reach a turnover of 433,000. | 0:29:52 | 0:29:59 | |
But yet you expect us to believe that, in four years, | 0:29:59 | 0:30:03 | |
you're going to reach a minimum turnover of 2.6 million. | 0:30:03 | 0:30:07 | |
-Yes, totally. I totally... -How are you going to do it? | 0:30:07 | 0:30:10 | |
-Because every... -I mean, you've done nothing for seven years and yet now, | 0:30:10 | 0:30:13 | |
-you're going to zoom ahead. -We have... This is our time for growth, | 0:30:13 | 0:30:16 | |
everything has been lined up ready for this work. | 0:30:16 | 0:30:18 | |
Well, you've got to say that, haven't you? | 0:30:18 | 0:30:20 | |
The other thing that does worry me - your website is appalling. | 0:30:20 | 0:30:24 | |
I tried and I could not order anything off your website. | 0:30:24 | 0:30:27 | |
That's why I'm here, because our business will change with | 0:30:27 | 0:30:30 | |
the scalable web platform and it's been something... | 0:30:30 | 0:30:32 | |
But why haven't you done that now? | 0:30:32 | 0:30:33 | |
Because everything today has been about groundwork... | 0:30:33 | 0:30:35 | |
Come on, seven years of groundwork? That's ridiculous. | 0:30:35 | 0:30:39 | |
I feel like with just a little bit of guidance we will be absolutely flying. | 0:30:39 | 0:30:42 | |
I love sweets, but I don't buy your story. | 0:30:42 | 0:30:45 | |
-I'm Joanna. Nice to meet you. -Nice to meet you. | 0:30:53 | 0:30:56 | |
Joanna, how do you feel about confrontation? | 0:30:58 | 0:31:01 | |
-Fine. -You've argued and clashed with quite a few of your team members, | 0:31:03 | 0:31:07 | |
haven't you? | 0:31:07 | 0:31:08 | |
-Yeah. -Don't get upset. | 0:31:09 | 0:31:11 | |
Why are you getting upset? | 0:31:12 | 0:31:14 | |
I just hate when it's brought up. | 0:31:15 | 0:31:17 | |
I kind of started off on the wrong foot in this process and I think | 0:31:18 | 0:31:22 | |
it's because I was too vocal and I've never been able to shake it. | 0:31:22 | 0:31:25 | |
Any time I give an opinion, it's always, "Oh, here she goes again." | 0:31:25 | 0:31:29 | |
Do you think that you can rein it in, though? | 0:31:29 | 0:31:31 | |
I 100% do, you know. | 0:31:31 | 0:31:33 | |
I've held my hands up for being too outspoken and I've learnt that it | 0:31:33 | 0:31:37 | |
just wasn't coming across the way that I'm intending it. | 0:31:37 | 0:31:41 | |
I think that's been my biggest battle, | 0:31:41 | 0:31:43 | |
kind of showing people who I really am. | 0:31:43 | 0:31:46 | |
God, it's Claude. | 0:31:51 | 0:31:52 | |
Come on. You've got this. | 0:31:54 | 0:31:56 | |
Smile! | 0:31:56 | 0:31:57 | |
How do you think Elizabeth will get on with Claude? | 0:31:57 | 0:31:59 | |
-It will ruin her. -He's going to ruin her. | 0:31:59 | 0:32:02 | |
She's just done so much throughout the last task that he can't not touch on that. | 0:32:02 | 0:32:07 | |
He's going to absolutely go in on Elizabeth. | 0:32:07 | 0:32:10 | |
Yeah. | 0:32:10 | 0:32:11 | |
Well, Elizabeth, I have to say that... | 0:32:12 | 0:32:14 | |
..you've got a terrific work ethic, | 0:32:15 | 0:32:18 | |
a great can-do attitude. | 0:32:18 | 0:32:21 | |
You've been an absolutely memorable candidate. | 0:32:21 | 0:32:24 | |
-Thank you. -But the thing is, you are absolutely impossible to work with. | 0:32:24 | 0:32:29 | |
-Right. -You are so overbearingly bossy that, honestly, | 0:32:29 | 0:32:33 | |
it's been a trauma to actually watch you throughout every single task | 0:32:33 | 0:32:39 | |
-just taking over. -I understand what you're saying and I know that can be | 0:32:39 | 0:32:43 | |
one of my weaknesses. | 0:32:43 | 0:32:44 | |
Anyway, Elizabeth, let's look at your business plan. | 0:32:44 | 0:32:48 | |
So here you are, you've got three small businesses. | 0:32:48 | 0:32:52 | |
You've got some stuff but the thing is, | 0:32:52 | 0:32:55 | |
these three shops are barely profitable. | 0:32:55 | 0:32:57 | |
But the corporate gifting sector is massive. | 0:32:57 | 0:32:59 | |
We just need to get in those doors. | 0:32:59 | 0:33:01 | |
But it's not an investable business. | 0:33:01 | 0:33:03 | |
Are you flogging a dead horse here? | 0:33:03 | 0:33:05 | |
-Absolutely not. -The numbers say different. | 0:33:05 | 0:33:08 | |
Elizabeth, good luck. | 0:33:09 | 0:33:12 | |
-Thank you, Claude. -OK. Bye. | 0:33:12 | 0:33:14 | |
Oh, my foot's gone to sleep completely. | 0:33:14 | 0:33:17 | |
SHE LAUGHS | 0:33:17 | 0:33:19 | |
-All right. -Last one, James. | 0:33:21 | 0:33:23 | |
-Last bit of torture for the day. -Yeah, wish me luck. -Good luck. -Good luck. | 0:33:23 | 0:33:27 | |
I'm pretty sure Linda is going to tip him over the edge. | 0:33:29 | 0:33:31 | |
She just rips you apart, makes you forget all your hopes and dreams. | 0:33:31 | 0:33:35 | |
Yeah. | 0:33:35 | 0:33:37 | |
So let's talk about your new business. | 0:33:37 | 0:33:40 | |
You're predicting in 18 months, you're going to be turning over three million. | 0:33:40 | 0:33:46 | |
-Yeah. -Is that fantasyland? -No. | 0:33:46 | 0:33:48 | |
-Because it's a cut-throat business. -And I'm extremely good at it. | 0:33:48 | 0:33:51 | |
I'm extremely good at it. | 0:33:51 | 0:33:53 | |
I think you are just quoting numbers and anyone can write numbers. | 0:33:53 | 0:33:57 | |
-Making it happen... -You're telling someone who's done this. I'm someone... | 0:33:57 | 0:34:00 | |
No, you've done it under the umbrella of a multinational company. | 0:34:00 | 0:34:03 | |
Lord Sugar doesn't want pipe dreams and pie-in-the-sky bullshit. | 0:34:03 | 0:34:07 | |
They're not pipe dreams. | 0:34:07 | 0:34:08 | |
Well, I'm not sure if FTSE 100 companies | 0:34:08 | 0:34:11 | |
are going to come to one-man-band James. | 0:34:11 | 0:34:14 | |
Let's move on. | 0:34:14 | 0:34:15 | |
In your candidate quotes, you say you got your old boss demoted. | 0:34:16 | 0:34:22 | |
I wouldn't say I was responsible. They just saw an opportunity to... | 0:34:22 | 0:34:24 | |
But you wrote that you got him demoted. | 0:34:24 | 0:34:27 | |
Well, they demoted him to put me in that position and I went from 20 contractors to 70 contractors. | 0:34:27 | 0:34:31 | |
-And then you got fired, right? From your job. -Yes, I did. | 0:34:31 | 0:34:33 | |
-Why did you get fired? -Erm, so... | 0:34:33 | 0:34:36 | |
Because you were meeting other recruiters on the side? | 0:34:36 | 0:34:39 | |
-Is that correct? -So I met with some other investors on the side to look | 0:34:39 | 0:34:42 | |
at starting a business, or starting a new office. | 0:34:42 | 0:34:44 | |
-They found out... -Do you think that's why they fired you? -Yeah, | 0:34:44 | 0:34:47 | |
-they wanted to get rid of me because they... -And you say that that adds to your character. | 0:34:47 | 0:34:50 | |
Do you really believe that? | 0:34:50 | 0:34:51 | |
Well, I said that the whole process added to my character. | 0:34:51 | 0:34:54 | |
-It threw me off... -I think meeting other recruiters on the side and | 0:34:54 | 0:34:57 | |
getting fired doesn't add to your character. | 0:34:57 | 0:34:59 | |
I'll tell you what I do think it does, | 0:34:59 | 0:35:02 | |
I think it puts a shadow over your trustworthiness | 0:35:02 | 0:35:06 | |
with Lord Sugar's investment. | 0:35:06 | 0:35:08 | |
-Are you crying? -I've just got, like, bloodshot eyes. | 0:35:15 | 0:35:19 | |
-So what happened? -I mean, it's just quite humbling, isn't it, when she...? | 0:35:19 | 0:35:24 | |
Come here. Give us a hug. Come here. | 0:35:24 | 0:35:26 | |
We've done it. Let's go back tomorrow for a beating | 0:35:29 | 0:35:32 | |
off Lord Sugar as well just to top the week off! | 0:35:32 | 0:35:34 | |
-Let's get out of here. -Yeah. -I'll second that. | 0:35:34 | 0:35:37 | |
Yesterday, it felt like one long drawn-out car crash, | 0:35:58 | 0:36:01 | |
but I haven't made the sacrifices that I've made, | 0:36:01 | 0:36:04 | |
leaving my husband and son and my business, to not secure Lord Sugar's | 0:36:04 | 0:36:07 | |
-investment. -What I said on day one was I'm here to work and I'm here to | 0:36:07 | 0:36:11 | |
win. Well, I've damn well shown I can work, | 0:36:11 | 0:36:13 | |
I've damn well shown I can win. | 0:36:13 | 0:36:15 | |
Now I've just got to complete it. | 0:36:15 | 0:36:18 | |
I've done all that I can throughout this process, it's near killed me. | 0:36:18 | 0:36:22 | |
Ultimately, it's just going to come down to who Lord Sugar wants to invest in. | 0:36:22 | 0:36:26 | |
I can't get him in a headlock, can I? | 0:36:26 | 0:36:28 | |
Yesterday was absolutely horrific but I've been in survival mode from | 0:36:28 | 0:36:33 | |
the word go and I'm not going to come this far without winning. | 0:36:33 | 0:36:36 | |
I know I've got the credentials, but I've got a bit of anxiety. | 0:36:36 | 0:36:41 | |
I just want to know am I in the final, or am I not in the final? | 0:36:41 | 0:36:43 | |
-Good morning. -Good morning. | 0:37:04 | 0:37:06 | |
Thanks for once again evaluating the final five candidates. | 0:37:06 | 0:37:12 | |
So anyway, where shall we start? | 0:37:12 | 0:37:15 | |
Joanna... And if I've understood it correctly, | 0:37:15 | 0:37:17 | |
she wants to start a fashion business. | 0:37:17 | 0:37:19 | |
The product that she wants to focus on is women's workwear. | 0:37:19 | 0:37:23 | |
OK. But she's got a shop, she's got a warehouse. | 0:37:23 | 0:37:26 | |
-She has nothing. -She's got premises. | 0:37:26 | 0:37:28 | |
She hasn't even identified the wholesalers. | 0:37:28 | 0:37:30 | |
She has zero experience of the industry in which she wants to enter. | 0:37:30 | 0:37:34 | |
I think she's also got to grow up a little bit. | 0:37:34 | 0:37:36 | |
I mean, in the tasks, you know, she was always complaining. | 0:37:36 | 0:37:40 | |
You know what, she is only 23, so she is very young. | 0:37:40 | 0:37:44 | |
She got very emotional... | 0:37:44 | 0:37:46 | |
-Really? -..in my interview. | 0:37:46 | 0:37:48 | |
She didn't really accept that she is argumentative and she thinks she's | 0:37:48 | 0:37:53 | |
been wrongly labelled. | 0:37:53 | 0:37:55 | |
But do you know what? She was quite tough, | 0:37:55 | 0:37:57 | |
cos I drilled quite deep and I gave her quite a tough interview. | 0:37:57 | 0:38:01 | |
And part of her business was to invest some profits in the | 0:38:01 | 0:38:06 | |
developing world to help girls there dress for success. | 0:38:06 | 0:38:10 | |
And I thought that was a really distinctive marketing idea. | 0:38:10 | 0:38:13 | |
-She certainly has style. -Absolutely. But then, so do I! | 0:38:13 | 0:38:16 | |
Right, let's move on to Elizabeth. | 0:38:18 | 0:38:20 | |
Elizabeth runs three small florists. | 0:38:20 | 0:38:23 | |
Her business plan is to expand into a flowers-for-business nationwide | 0:38:23 | 0:38:30 | |
delivery service, but when I asked her why her business couldn't just | 0:38:30 | 0:38:34 | |
use one of the existing suppliers for flowers online, | 0:38:34 | 0:38:37 | |
she had no real answer. | 0:38:37 | 0:38:39 | |
I think she's very, very passionate about her business but I didn't | 0:38:39 | 0:38:43 | |
think she had a USP. | 0:38:43 | 0:38:45 | |
What do you think of her as far as a business partner of mine? | 0:38:45 | 0:38:49 | |
She says what's on her mind and, sometimes, | 0:38:49 | 0:38:51 | |
what's on her mind is a bit fighty. | 0:38:51 | 0:38:54 | |
I think she's probably brilliant working on her own, but in partnership, | 0:38:54 | 0:38:57 | |
-I'd have some question marks. -She might try and fire me. | 0:38:57 | 0:39:00 | |
-Yeah. -But I admire her enthusiasm, because she gets really, | 0:39:00 | 0:39:05 | |
-really stuck in. -She's got a real work ethic so the question really is | 0:39:05 | 0:39:09 | |
is she capable of actually securing these more corporate-type businesses? | 0:39:09 | 0:39:13 | |
Let's move on to James. | 0:39:13 | 0:39:15 | |
He's a young man in a hurry. | 0:39:15 | 0:39:16 | |
He has got some advantages in that he's been in recruitment and he was | 0:39:16 | 0:39:20 | |
-successful. -But, you know, will it be easy, | 0:39:20 | 0:39:23 | |
coming from a very successful company to go into a one-man-band start-up? | 0:39:23 | 0:39:28 | |
I think you've hit the nail on the head. | 0:39:28 | 0:39:30 | |
The figures that he has bandied around are ambitious. | 0:39:30 | 0:39:35 | |
And his ambition can sometimes lead him to making rookie errors. | 0:39:35 | 0:39:39 | |
In his new businesses website, there's an accreditation from the leading trade body. | 0:39:39 | 0:39:44 | |
The big problem is he hasn't registered. | 0:39:44 | 0:39:47 | |
-What do you think, Claudine? -He gave me no doubt that he was incredibly | 0:39:47 | 0:39:51 | |
serious about this business and he was actually very charming. | 0:39:51 | 0:39:54 | |
But you don't think I'm giving my £250,000 to a smile and a nice haircut? | 0:39:54 | 0:39:59 | |
I think the really interesting thing for you, Alan, | 0:39:59 | 0:40:01 | |
is you're investing in him, not in his business. | 0:40:01 | 0:40:04 | |
In him. | 0:40:04 | 0:40:06 | |
Shall we talk about Sarah? | 0:40:06 | 0:40:08 | |
She buys sweets in bulk, | 0:40:08 | 0:40:11 | |
packages them up and then she sells them as gifts. | 0:40:11 | 0:40:14 | |
-Right. -OK. Got it. | 0:40:14 | 0:40:15 | |
I was concerned that Sarah's products were really not very original. | 0:40:15 | 0:40:20 | |
So she's got competition, then? | 0:40:20 | 0:40:22 | |
Yes, and she's had the business since 2009, | 0:40:22 | 0:40:25 | |
but she feels that with your investment, | 0:40:25 | 0:40:27 | |
she can develop a huge online business. | 0:40:27 | 0:40:31 | |
Does she have a website at the moment, then? | 0:40:31 | 0:40:33 | |
Yes, but a lot of it doesn't work. | 0:40:33 | 0:40:35 | |
You'd think in this modern day and age, | 0:40:35 | 0:40:37 | |
the first thing you do is get a website, right? | 0:40:37 | 0:40:39 | |
And she hasn't. Well, she has but it doesn't work. | 0:40:39 | 0:40:42 | |
She's a very slow operator and she hasn't invested in the website | 0:40:42 | 0:40:46 | |
because she's too cautious to do it. | 0:40:46 | 0:40:48 | |
-OK. -Well, I think what we have seen is that she is somebody who has got | 0:40:48 | 0:40:51 | |
some quality about her. | 0:40:51 | 0:40:53 | |
She is composed. I think she's entirely honest and credible. | 0:40:53 | 0:40:56 | |
If I invest in this, I'd need to get a dentist nearby also. | 0:40:56 | 0:41:00 | |
Let's move on to one that has confused me and that is Michaela. | 0:41:00 | 0:41:06 | |
I have to tell you, she confused me. | 0:41:06 | 0:41:08 | |
She says she really lacks confidence. | 0:41:08 | 0:41:10 | |
She couldn't look me in the eye. | 0:41:10 | 0:41:12 | |
I didn't know whether to hug her or shake her. | 0:41:12 | 0:41:14 | |
If she lacks confidence, how did she build those businesses up? | 0:41:14 | 0:41:17 | |
What she was saying is that she's built a business from nothing | 0:41:17 | 0:41:20 | |
to three million. She doesn't know how to build a business from three million to 30 million | 0:41:20 | 0:41:24 | |
and she thinks that that's an area that you can help her with. | 0:41:24 | 0:41:27 | |
Yeah, that rings my bells, | 0:41:27 | 0:41:28 | |
but I worry about her focusing her attention on our new business. | 0:41:28 | 0:41:32 | |
I decided to just ask her how many businesses had she launched | 0:41:32 | 0:41:36 | |
in the last seven years and she didn't know the answer. | 0:41:36 | 0:41:40 | |
-That's not good. -Anyway, | 0:41:40 | 0:41:42 | |
let's focus on this new thing she's talking about. | 0:41:42 | 0:41:45 | |
I can understand why it could be worthwhile to an electrical contractor | 0:41:45 | 0:41:49 | |
or plumbing contractor... | 0:41:49 | 0:41:51 | |
-Yeah. -..if it is a respected database. | 0:41:51 | 0:41:54 | |
That was my point. | 0:41:54 | 0:41:55 | |
Would I want her with ten researchers or would I want the competition | 0:41:55 | 0:42:00 | |
with 70 or 80 researchers? | 0:42:00 | 0:42:02 | |
I think she is a natural entrepreneur. | 0:42:02 | 0:42:05 | |
I don't think she should be underestimated. | 0:42:05 | 0:42:08 | |
Well, it's been very, very interesting. | 0:42:08 | 0:42:10 | |
-Thank you very much indeed. -You're welcome. | 0:42:10 | 0:42:13 | |
PHONE RINGS | 0:42:19 | 0:42:21 | |
Yes, Lord Sugar? | 0:42:21 | 0:42:23 | |
Yes, can you send the five candidates in, please? | 0:42:23 | 0:42:25 | |
Well, first of all, | 0:42:36 | 0:42:39 | |
let me just say that you've done extremely well to get here | 0:42:39 | 0:42:43 | |
and I've got to choose now which two of you are actually going to go | 0:42:43 | 0:42:47 | |
through to the final. Right, Sarah, you have a sweet business. | 0:42:47 | 0:42:53 | |
Yes, that's right. | 0:42:53 | 0:42:54 | |
You make a modest profit at the moment but I want something big. | 0:42:54 | 0:42:58 | |
The website will be big growth. | 0:42:58 | 0:43:00 | |
One of the reasons I'm here is technology has not been my forte at all. | 0:43:00 | 0:43:03 | |
-No. -We need a scalable proper web platform of our own. | 0:43:03 | 0:43:07 | |
It's blatantly obvious to me, really. | 0:43:07 | 0:43:09 | |
I'm finding it quite incredible as to why you haven't had a... | 0:43:09 | 0:43:14 | |
..all-singing-all-dancing website in the past seven years. | 0:43:14 | 0:43:17 | |
I started slow and I wanted to get everything lined up and ready so | 0:43:17 | 0:43:21 | |
that when we do invest in web, it's really big news. | 0:43:21 | 0:43:24 | |
I've noticed in this process that you are incredibly calm but also | 0:43:24 | 0:43:28 | |
-very cautious. -I think what you're saying is, Karren, | 0:43:28 | 0:43:31 | |
she's like the bubble-gum that lost its flavour. | 0:43:31 | 0:43:33 | |
Oh, that's so frustrating to hear. | 0:43:33 | 0:43:35 | |
Are you a bit of a Steady Eddie? | 0:43:35 | 0:43:36 | |
-You know, don't take chances, you know? -No, absolutely not. | 0:43:36 | 0:43:40 | |
I mean, everything I've done has been building up to this point and | 0:43:40 | 0:43:42 | |
I know that this has the potential to be a global brand and with help, | 0:43:42 | 0:43:46 | |
it's limitless. | 0:43:46 | 0:43:47 | |
But it's not without competition and you haven't really got a USP. | 0:43:47 | 0:43:51 | |
Now, Joanna, you want to go into some kind of online fashion business. | 0:43:51 | 0:43:56 | |
-Yeah. -Targeted at businesswomen. | 0:43:56 | 0:43:59 | |
Now, the obvious question is that you have no experience whatsoever in | 0:43:59 | 0:44:05 | |
-that business. -So the jobs that I've had before have been mainly with | 0:44:05 | 0:44:09 | |
search engine marketing but I do think that the experience that I've | 0:44:09 | 0:44:13 | |
had there will also be valuable in this business as well. | 0:44:13 | 0:44:15 | |
Sorry, excuse me. You can't just suddenly wake up one Monday morning | 0:44:15 | 0:44:20 | |
and say, "Oh, you know what, | 0:44:20 | 0:44:21 | |
"I'm going to start an online fashion business." | 0:44:21 | 0:44:24 | |
You have no experience of knowing what is trending. | 0:44:24 | 0:44:27 | |
But I think because I'm specifically focusing on workwear, | 0:44:27 | 0:44:30 | |
there's not really much getting it wrong in that sense. | 0:44:30 | 0:44:33 | |
But you've got to have some clue about the quantities that you need | 0:44:33 | 0:44:36 | |
to buy, the after-sales, like when they send them back. | 0:44:36 | 0:44:40 | |
Have you thought of all this stuff? | 0:44:40 | 0:44:42 | |
Yeah. I did come across a company that I could outsource to and they | 0:44:42 | 0:44:46 | |
also have, like, a return service. | 0:44:46 | 0:44:48 | |
They even do like a sniff test, clean it if there's any make-up on it. | 0:44:48 | 0:44:52 | |
I thought that that section was really important, for me to look at | 0:44:52 | 0:44:55 | |
-outsourcing. -I mean, the thing is, the fashion industry is notorious, | 0:44:55 | 0:44:57 | |
especially women's fashion, for going bust. | 0:44:57 | 0:45:00 | |
It is a minefield. | 0:45:00 | 0:45:01 | |
I'm... What with being the only person that wanted to develop a business in | 0:45:01 | 0:45:04 | |
something they've never worked in, and if that stopped everybody, then, | 0:45:04 | 0:45:08 | |
you know, some people wouldn't build a business at all. | 0:45:08 | 0:45:10 | |
There's nothing wrong in you having this dream idea to do it, | 0:45:10 | 0:45:15 | |
but I can't go into business with somebody who has no knowledge | 0:45:15 | 0:45:20 | |
of the market at all. | 0:45:20 | 0:45:21 | |
Honestly and sincerely, you're a very intelligent young lady, | 0:45:22 | 0:45:27 | |
there's no question of that, and take this as good advice from me, | 0:45:27 | 0:45:32 | |
go and get a job in that industry. | 0:45:32 | 0:45:35 | |
Learn it inside out and then do what you want to do. | 0:45:35 | 0:45:40 | |
But at this moment in time, Joanna, | 0:45:40 | 0:45:42 | |
I have to say to you that you will not be my business partner | 0:45:42 | 0:45:46 | |
and, regretfully, you're fired. | 0:45:46 | 0:45:49 | |
-Thank you. -Good luck, Joanna. | 0:45:49 | 0:45:51 | |
Thank you. I appreciate it more than you know. | 0:45:51 | 0:45:54 | |
Don't give up your dream. | 0:45:54 | 0:45:55 | |
If you still have the passion for it, go for it. | 0:45:55 | 0:45:57 | |
All right. Thank you very much. Good luck, guys. | 0:45:57 | 0:46:01 | |
-Elizabeth. -Lord Sugar. | 0:46:09 | 0:46:10 | |
Now, on your application, you claimed it to be slightly bonkers. | 0:46:10 | 0:46:14 | |
Well, I think that's been demonstrated, Lord Sugar. | 0:46:14 | 0:46:16 | |
I mean, actually, there's no need to be so modest. | 0:46:16 | 0:46:19 | |
You've got three florist's shops. | 0:46:19 | 0:46:20 | |
-I do, Lord Sugar, yes. -OK. | 0:46:20 | 0:46:22 | |
How are you going to scale it up? | 0:46:22 | 0:46:24 | |
-I need to get... -Because, you know, I'm only interested in big business. | 0:46:24 | 0:46:27 | |
-Yes. -Although great admiration for you for having three shops, | 0:46:27 | 0:46:31 | |
-and all that. -If I... If I might interject. | 0:46:31 | 0:46:33 | |
-I would hate to interrupt you, Lord Sugar, but I understand your concern. -You're learning, Elizabeth! | 0:46:33 | 0:46:38 | |
I've learnt a lot in this process, Karren. | 0:46:38 | 0:46:40 | |
I'm sure you have and I'm pleased for you. | 0:46:40 | 0:46:42 | |
Thank you. If I might explain, we've identified a key market, Lord Sugar, | 0:46:42 | 0:46:46 | |
that we're currently working within and that's the corporate | 0:46:46 | 0:46:49 | |
gifting sector. We've anticipated using salespeople to get into the corporate market, | 0:46:49 | 0:46:53 | |
to get us in front of decision-makers. | 0:46:53 | 0:46:55 | |
Are you saying you expect salespeople | 0:46:55 | 0:46:57 | |
to knock on the door of companies and say, | 0:46:57 | 0:47:00 | |
"When you're thinking of sending a bunch of flowers | 0:47:00 | 0:47:03 | |
"to one of your clients, would you use us, please"? | 0:47:03 | 0:47:06 | |
-There's various different ways... -Cos I think that would be the last thing on their minds about worrying | 0:47:06 | 0:47:10 | |
-about that. -I managed to secure a company that's a national house-builders | 0:47:10 | 0:47:14 | |
that does 17,000 house completions per year. | 0:47:14 | 0:47:18 | |
We also work with pharmaceuticals, we work with large utility companies. | 0:47:18 | 0:47:22 | |
You say, "We work with them and we work with them," | 0:47:22 | 0:47:24 | |
but the numbers are still relatively small. | 0:47:24 | 0:47:26 | |
And that's why I'm looking to scale it up. | 0:47:26 | 0:47:28 | |
What we need to do is market to these people and we also need to | 0:47:28 | 0:47:31 | |
sample into these companies and get them to use us, and once we've done that, | 0:47:31 | 0:47:35 | |
we feel that they'll come across to us, and once they've come across to us, they're not going to go back. | 0:47:35 | 0:47:39 | |
I suppose it wouldn't be difficult for me to be a silent partner with you. | 0:47:39 | 0:47:43 | |
I wouldn't get a bloody word in edgeways. | 0:47:43 | 0:47:46 | |
Michaela, you want to come up with some kind of database and you expect | 0:47:46 | 0:47:52 | |
trades to pay you a fee, | 0:47:52 | 0:47:54 | |
so that they can look at the latest planning consent for a building. | 0:47:54 | 0:47:57 | |
-Is that right? -Yeah. Bang on. | 0:47:57 | 0:48:00 | |
But there's already people out there doing that, aren't there? | 0:48:00 | 0:48:02 | |
Yeah, yeah, yeah. Two big companies, yeah. | 0:48:02 | 0:48:04 | |
How much do you expect to charge, say a plumber, to be a member? | 0:48:04 | 0:48:09 | |
It would be £4,000 a year and we'll split it monthly as well. | 0:48:09 | 0:48:12 | |
I'm kind of struggling to understand why they would come to your new site. | 0:48:12 | 0:48:18 | |
I'm targeting smaller companies, perhaps, | 0:48:18 | 0:48:20 | |
than who my competitors would target so I think people will come to us | 0:48:20 | 0:48:24 | |
because...mainly because we're cheaper and we're going to be | 0:48:24 | 0:48:26 | |
better, we're going to provide more information than they do. | 0:48:26 | 0:48:29 | |
-Mike said you'd set up all these businesses. -Mm-hmm. | 0:48:29 | 0:48:32 | |
Are you a serial entrepreneur, or are you just bored easily? | 0:48:32 | 0:48:36 | |
No, no, no. I don't know what a serial entrepreneur is. | 0:48:36 | 0:48:39 | |
Well, you're an entrepreneur, young lady, whether you like it or not. | 0:48:39 | 0:48:42 | |
I mean, you've got all these other businesses. | 0:48:42 | 0:48:45 | |
I'm looking for a business partner that's going to be 100% | 0:48:45 | 0:48:49 | |
concentrating on the business that we're going to be in and if they've | 0:48:49 | 0:48:53 | |
got other businesses, they might turn their attention away, and that's my problem I got. | 0:48:53 | 0:48:57 | |
-The new business, I intend to do better. I wouldn't... -You intend to do better, yeah. | 0:48:57 | 0:49:02 | |
Well, I can't say, you know, I'm going to put my life on it, | 0:49:02 | 0:49:04 | |
that it's going to do better. I'm not a psychic. | 0:49:04 | 0:49:06 | |
I'm saying the potential for this is massive. | 0:49:06 | 0:49:08 | |
My competitors are turning over millions upon millions and all I can | 0:49:08 | 0:49:11 | |
say to you is that my attention isn't needed with these other companies. | 0:49:11 | 0:49:15 | |
-I don't... -I find that very hard to believe. | 0:49:15 | 0:49:19 | |
Anyway, James, your business idea is recruitment. | 0:49:19 | 0:49:24 | |
Yeah, IT recruitment. | 0:49:24 | 0:49:25 | |
I've taken a look at some of your numbers. | 0:49:25 | 0:49:27 | |
-Yeah. -And I don't know whether you just wet your finger and stuck your | 0:49:27 | 0:49:31 | |
finger in the air and said, "I'll do that." | 0:49:31 | 0:49:34 | |
I know that I've set myself ambitious targets but I've always | 0:49:34 | 0:49:36 | |
been ambitious, and to be honest, it's not like I've just... | 0:49:36 | 0:49:38 | |
Are they ambitious, or are they naive? | 0:49:38 | 0:49:41 | |
Well, to be honest, in my last company, | 0:49:41 | 0:49:43 | |
I was doing 900,000 per year and that was just me, by myself... | 0:49:43 | 0:49:45 | |
-But that was because of you... -I get that... -You were James from "the company", right? | 0:49:45 | 0:49:51 | |
When you pick up the phone and say, "Hello, you remember me, don't you?" | 0:49:51 | 0:49:54 | |
-Yeah. -"And now I've got my own company, Joe Soap, on my own," | 0:49:54 | 0:49:59 | |
they are going to say, "No, we don't deal with little firms." | 0:49:59 | 0:50:03 | |
I mean, I'll give it my absolute all. It is difficult. It is a challenge, because recruitment | 0:50:03 | 0:50:06 | |
is one of the hardest things to get yourself in the door at, but it's, | 0:50:06 | 0:50:09 | |
like, I've done it before, I know I can do it again. | 0:50:09 | 0:50:11 | |
And the reason why I'm looking for a high-profile investor is because | 0:50:11 | 0:50:14 | |
I'll be able to then go in to these high-profile clients... | 0:50:14 | 0:50:16 | |
Yeah, yeah. Well, you know, | 0:50:16 | 0:50:18 | |
they still have these people there that decide that we can't be dealing | 0:50:18 | 0:50:23 | |
with some small-time Charlie. | 0:50:23 | 0:50:24 | |
All right. So I'm going to conclude. | 0:50:26 | 0:50:28 | |
Elizabeth, believe it or not, | 0:50:31 | 0:50:34 | |
I really, really like you as a person. | 0:50:34 | 0:50:36 | |
-Thank you. -I really do. You know, you're a hard worker. | 0:50:36 | 0:50:40 | |
You take on everything. | 0:50:40 | 0:50:42 | |
But my concern is, you know, | 0:50:42 | 0:50:44 | |
there are so many other people in the flower business, | 0:50:44 | 0:50:48 | |
there doesn't seem to be any USP there. | 0:50:48 | 0:50:51 | |
James, your numbers are optimistic. | 0:50:53 | 0:50:57 | |
Very, very optimistic. | 0:50:57 | 0:50:58 | |
Michaela, I can't get my head around your other businesses and that | 0:51:00 | 0:51:06 | |
you'll concentrate on mine. | 0:51:06 | 0:51:08 | |
It's very difficult, because you're all credible people. | 0:51:11 | 0:51:14 | |
Elizabeth, you've got three florist's shops that you make a modest profit, | 0:51:16 | 0:51:22 | |
and the backbone of the economy of this country is made up of people like you. | 0:51:22 | 0:51:27 | |
But, you know, I'm interested in big business and, at this stage, | 0:51:27 | 0:51:32 | |
I can't see the scaling up. | 0:51:32 | 0:51:35 | |
So it is, with regret... | 0:51:36 | 0:51:38 | |
-..you're fired. -Thank you, all. | 0:51:39 | 0:51:41 | |
It's been my honour and my pleasure. | 0:51:41 | 0:51:43 | |
-Best of luck. -Very best of luck to you. | 0:51:43 | 0:51:45 | |
Thank you. | 0:51:45 | 0:51:47 | |
Well... | 0:51:53 | 0:51:55 | |
We're down to the last three here. | 0:51:55 | 0:51:58 | |
I need some advice. | 0:51:58 | 0:52:00 | |
I'm going to ask you to step outside and I'm going to have a chat | 0:52:01 | 0:52:04 | |
with Karren and Claude. | 0:52:04 | 0:52:06 | |
Sarah, she's the sort of person that would place an each-way bet | 0:52:11 | 0:52:14 | |
-on a one-horse race. -Yes, I think you're right. | 0:52:14 | 0:52:18 | |
I do see her differently. | 0:52:18 | 0:52:19 | |
I think perhaps she had to take it steady, couldn't take too many risks, | 0:52:19 | 0:52:22 | |
now she's ready to go. | 0:52:22 | 0:52:24 | |
She's going to grow her business by not taking any risk, | 0:52:24 | 0:52:28 | |
because she's going to take Alan's money and risk it. | 0:52:28 | 0:52:30 | |
And why didn't she have a website? | 0:52:30 | 0:52:32 | |
Her products are made for selling online. | 0:52:32 | 0:52:35 | |
-James? -He's a bit of a rookie. | 0:52:35 | 0:52:37 | |
He's clearly made some rookie mistakes. | 0:52:37 | 0:52:39 | |
His business plan talks about numbers which are crazy in terms of | 0:52:39 | 0:52:43 | |
-progression. -It's a fine line between enthusiasm and delusion. | 0:52:43 | 0:52:46 | |
Yeah. Right. | 0:52:46 | 0:52:48 | |
Now, Michaela. | 0:52:48 | 0:52:49 | |
She is a smart cookie. | 0:52:51 | 0:52:54 | |
The main problem is, of course, she'll be 100% with you | 0:52:54 | 0:52:56 | |
and then something will happen with one of her other businesses, and I think that's a real risk. | 0:52:56 | 0:53:00 | |
Well, she had built a business up from nothing to a turnover | 0:53:00 | 0:53:03 | |
of 2.7 million. And if she gets it right, | 0:53:03 | 0:53:06 | |
this could be bigger than all of these other businesses put together. | 0:53:06 | 0:53:10 | |
OK, so look, we'll get them back in and then I'm going to make my mind | 0:53:10 | 0:53:13 | |
up which one of them is going to be leaving. | 0:53:13 | 0:53:16 | |
PHONE RINGS | 0:53:16 | 0:53:17 | |
-Yes, Lord Sugar? -Could you send the three of them in, please? | 0:53:17 | 0:53:20 | |
Yes, Lord Sugar. Lord Sugar will see you now. | 0:53:20 | 0:53:23 | |
It's difficult for me, genuinely difficult, | 0:53:31 | 0:53:36 | |
cos I have three very good candidates here | 0:53:36 | 0:53:39 | |
but at the end of the day, there's got to be two finalists, OK? | 0:53:39 | 0:53:42 | |
Sarah, why should I choose you as my business partner? | 0:53:44 | 0:53:47 | |
Lord Sugar, it's just obvious that my product has huge scalability | 0:53:47 | 0:53:50 | |
and growth that I don't feel the other two businesses have. | 0:53:50 | 0:53:53 | |
I've got a business that the foundations are there, the graft has | 0:53:53 | 0:53:56 | |
been done and I think it's at the stage that it's ready to fly. | 0:53:56 | 0:53:58 | |
But you haven't done it, and I can't understand that. | 0:53:58 | 0:54:01 | |
Michaela, she's got a business already going. | 0:54:02 | 0:54:05 | |
The seed is there. | 0:54:05 | 0:54:06 | |
And in your case, you're talking about starting something from scratch. | 0:54:06 | 0:54:10 | |
That's even better, it's a fresh start. | 0:54:10 | 0:54:12 | |
It's not something that I've tried at for so long and I'm not doing well at. | 0:54:12 | 0:54:16 | |
I'm into construction, that's where the money is at. | 0:54:16 | 0:54:18 | |
I don't know about sweeties or recruitment, | 0:54:18 | 0:54:20 | |
so if you want another £3 million business, then you know, crack on, | 0:54:20 | 0:54:23 | |
but if you want something better, | 0:54:23 | 0:54:25 | |
then I can earn you some decent cash. | 0:54:25 | 0:54:28 | |
From my side, IT recruitment makes a lot of money and it's like, | 0:54:28 | 0:54:31 | |
I've got the energy and the passion to drive it. | 0:54:31 | 0:54:34 | |
No disrespect to Sarah, it's like... | 0:54:34 | 0:54:36 | |
-I have the energy. Please don't question my energy or my passion, because it's here. -Not the energy. | 0:54:36 | 0:54:40 | |
It's more the fact that if she wanted to have an e-commerce | 0:54:40 | 0:54:42 | |
website, she could have gone out there and | 0:54:42 | 0:54:44 | |
she could have done it, and I think from Michaela's side, the one thing I can give you is 100% effort into | 0:54:44 | 0:54:48 | |
one business. I've got no other business ventures, this is my one passion. | 0:54:48 | 0:54:51 | |
Spoken like a true salesman. | 0:54:51 | 0:54:53 | |
OK, look, ladies and gentlemen. | 0:54:54 | 0:54:56 | |
Um... | 0:54:59 | 0:55:00 | |
Sarah, you've got this business already, | 0:55:01 | 0:55:03 | |
albeit that it's not been exploited to the full, I feel. | 0:55:03 | 0:55:09 | |
And I struggle in understanding that. | 0:55:09 | 0:55:12 | |
The sensitivity I have with you, Michaela, | 0:55:12 | 0:55:15 | |
is that our business could start going a little bit downhill and you | 0:55:15 | 0:55:19 | |
might lose interest because you've got interest in other businesses, you know. | 0:55:19 | 0:55:23 | |
-Lord Sugar... -It's human nature. -No, I am just a shareholder with them other companies and I'm more than | 0:55:23 | 0:55:28 | |
willing to go into a new business, one that I believe is going to make | 0:55:28 | 0:55:30 | |
-me more money than I've ever dreamt of. -OK. | 0:55:30 | 0:55:32 | |
James, you know... | 0:55:32 | 0:55:34 | |
..you haven't been in business before on your own, | 0:55:35 | 0:55:38 | |
and I've got people either side of you that have. | 0:55:38 | 0:55:41 | |
You've got a very, very optimistic business plan. | 0:55:41 | 0:55:44 | |
Your proposition is quite hard for me to... | 0:55:46 | 0:55:50 | |
-..envisage. -I'll make it work. | 0:55:52 | 0:55:54 | |
Yeah, I don't want to hear any more at the moment. | 0:55:54 | 0:55:57 | |
But, Sarah, | 0:55:57 | 0:55:59 | |
scaling up is an issue. | 0:55:59 | 0:56:01 | |
This lady's talking about big numbers, | 0:56:01 | 0:56:04 | |
which is what I'm interested in. | 0:56:04 | 0:56:06 | |
But having said that... | 0:56:07 | 0:56:08 | |
..Michaela, this business has got to be 100% with me. | 0:56:10 | 0:56:16 | |
I don't want you being defocused somewhere else. | 0:56:16 | 0:56:19 | |
And so whether I'm right or wrong... | 0:56:20 | 0:56:21 | |
..Michaela, you're fired. | 0:56:24 | 0:56:27 | |
-No worries. Thanks very much. -You're very, very welcome. | 0:56:27 | 0:56:29 | |
It's been emotional. | 0:56:29 | 0:56:30 | |
I wish you the best of luck. | 0:56:32 | 0:56:34 | |
-Thank you. -When we are building our next site, | 0:56:34 | 0:56:36 | |
we'll come onto this website of yours, OK? | 0:56:36 | 0:56:39 | |
Four grand, though! No mates' rates! | 0:56:39 | 0:56:41 | |
Ta-ra! | 0:56:41 | 0:56:42 | |
-WHISPERS: -Ffffucking hell. | 0:56:45 | 0:56:48 | |
Well, congratulations, you two. | 0:56:48 | 0:56:51 | |
You're in the final and I'll see you on the next task... | 0:56:51 | 0:56:56 | |
-Thank you. -..where one of you will become my business partner. | 0:56:56 | 0:57:00 | |
-OK? -Yeah. -Yes. -Off you go. -Thank you very much. -Thank you. | 0:57:00 | 0:57:03 | |
Wow, we need a drink! | 0:57:12 | 0:57:13 | |
Tonight, I'm going to have a bath of wine and celebrate getting through | 0:57:19 | 0:57:23 | |
this shitstorm! | 0:57:23 | 0:57:26 | |
Lord Sugar should have invested in me and he's just lost himself £15 million. | 0:57:26 | 0:57:31 | |
Bad business move! | 0:57:31 | 0:57:33 | |
-Oh, my God. -Oh, my God! | 0:57:35 | 0:57:37 | |
It literally is my proudest moment. | 0:57:37 | 0:57:38 | |
-Yeah. -Ever. -It's just, unfortunately, you've come up against me in the final. | 0:57:38 | 0:57:42 | |
-Well... -Otherwise, I would have rated your chances. | 0:57:42 | 0:57:45 | |
Sugar's going sweet. | 0:57:45 | 0:57:46 | |
Sugar wants a recruitment company. | 0:57:46 | 0:57:48 | |
Let the games begin! | 0:57:48 | 0:57:50 | |
Now just two candidates remain in the fight to become | 0:57:51 | 0:57:57 | |
Lord Sugar's next business partner. | 0:57:57 | 0:58:00 | |
Next time... | 0:58:02 | 0:58:03 | |
You're going to have to present your business to over 200 people. | 0:58:03 | 0:58:06 | |
Returning faces... | 0:58:06 | 0:58:08 | |
-Action! -But I've got to ring the doorbell, man! | 0:58:08 | 0:58:10 | |
Give over, Siobhan! You're being annoying. | 0:58:10 | 0:58:12 | |
..brand-new businesses, | 0:58:12 | 0:58:15 | |
-recruitment... -James is going to love you for this. | 0:58:15 | 0:58:17 | |
We want to be First Tier, we want to be the best. | 0:58:17 | 0:58:20 | |
We want to stand out from the rest. | 0:58:20 | 0:58:22 | |
..or confectionery? | 0:58:22 | 0:58:23 | |
You have some samples on your table that I'd love you to have a look at. | 0:58:23 | 0:58:26 | |
Sarah, James. | 0:58:26 | 0:58:28 | |
It is tough - very, very tough. | 0:58:29 | 0:58:31 |