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| Line | From | To | |
|---|---|---|---|
This is an unbelievable opportunity. | 0:00:02 | 0:00:04 | |
Lord Sugar is in the market for a brand-new business partner. | 0:00:05 | 0:00:09 | |
This process is not about a job. It's about me ploughing £250,000 into a business. | 0:00:10 | 0:00:16 | |
Trust me. There are people in this room that are hungry for this deal. | 0:00:16 | 0:00:20 | |
Here to do battle for his backing, 16 ambitious entrepreneurs. | 0:00:21 | 0:00:27 | |
You told me you can do things, you lot. You can't. | 0:00:27 | 0:00:31 | |
You're all a bloody waste of space! | 0:00:31 | 0:00:33 | |
At stake, a quarter-million-pound investment | 0:00:33 | 0:00:39 | |
and a 50/50 partnership with a business icon. | 0:00:39 | 0:00:43 | |
I believe actions speak louder than words. | 0:00:43 | 0:00:47 | |
This is rubbish. This idea is rubbish. | 0:00:47 | 0:00:50 | |
-Get the gear. -It's a deal worth fighting for. | 0:00:50 | 0:00:53 | |
Jason, will you be quiet, you silly shit! | 0:00:53 | 0:00:56 | |
16 potential business partners. | 0:00:56 | 0:00:59 | |
Caravan, caravan! | 0:00:59 | 0:01:01 | |
SCREAMING Hold me tight. | 0:01:01 | 0:01:03 | |
-Get in! -Well done. | 0:01:03 | 0:01:06 | |
12 tough weeks. | 0:01:06 | 0:01:08 | |
-You can't change a project manager. -No. -You can. | 0:01:08 | 0:01:11 | |
-I'm really worried. -One life-changing opportunity. | 0:01:11 | 0:01:14 | |
You're fired. You're fired. I don't want to see your face any more. You're fired. | 0:01:14 | 0:01:19 | |
Previously on The Apprentice... | 0:01:29 | 0:01:31 | |
Your task this week is to come up with your own ready meal. | 0:01:31 | 0:01:35 | |
Alex invented a Welsh character for kids. | 0:01:35 | 0:01:38 | |
I love Popty Ping. I've got Popty there on a gondola. Italian, innit? | 0:01:38 | 0:01:42 | |
-But in the food fight... -What does it tell you about geography? -Nothing. | 0:01:42 | 0:01:46 | |
-..Myles made mincemeat of Alex's idea. -I would be proud to show that. | 0:01:46 | 0:01:50 | |
And his Deadly Dinners left retailers running scared. | 0:01:50 | 0:01:54 | |
You've put me off totally with the packaging. | 0:01:54 | 0:01:57 | |
-Neil cooked up a brand that packed punch... -That looks great! | 0:01:57 | 0:02:02 | |
-..but fell flat on flavour. -There's no pow in Oh My Pow! | 0:02:02 | 0:02:06 | |
-In the boardroom... -They believed Neil when he said he would improve the recipe. | 0:02:06 | 0:02:10 | |
-..Neil's meal was dish of the day. -Well done. | 0:02:10 | 0:02:13 | |
-On the losing team... -"Tend not to tout things around with skulls." Parents wouldn't buy it. | 0:02:13 | 0:02:19 | |
-..Myles got a roasting. -On my own, that's the best I came up with. | 0:02:19 | 0:02:24 | |
-Leah bit back. -You're asking what I've done. What has Myles done? I've outperformed Myles on every task. | 0:02:24 | 0:02:30 | |
But Alex's half-baked ideas... | 0:02:30 | 0:02:33 | |
-You have a bit of a grasshopper brain. -..left him facing the chop. | 0:02:33 | 0:02:37 | |
You need to stick to what you know. You're fired. | 0:02:37 | 0:02:40 | |
And he became the tenth casualty of the boardroom. | 0:02:40 | 0:02:43 | |
Now six remain | 0:02:43 | 0:02:46 | |
to fight for the chance to become Lord Sugar's business partner. | 0:02:46 | 0:02:50 | |
6.30am. | 0:03:02 | 0:03:04 | |
PHONE RINGS | 0:03:04 | 0:03:07 | |
-Hello? -'Good morning. This is Lord Sugar's office. | 0:03:12 | 0:03:16 | |
'Please gather everyone in the sitting room immediately. Lord Sugar has a message for you.' | 0:03:16 | 0:03:22 | |
-Guys, sitting room now! -Sitting room? -Sitting room now. | 0:03:22 | 0:03:27 | |
-We've got to go to the sitting room now. -Now? -The sitting room? | 0:03:28 | 0:03:32 | |
-Morning. -Morning. | 0:03:32 | 0:03:34 | |
Jordan's just putting his sarong on. | 0:03:35 | 0:03:38 | |
He's not. Come on! | 0:03:38 | 0:03:40 | |
It's not a sarong, it's a kikoi. | 0:03:40 | 0:03:42 | |
Oh, it's such a nice sarong! | 0:03:42 | 0:03:44 | |
Good morning. I'm sorry to get you out of bed so early. | 0:03:47 | 0:03:51 | |
You need an early start because you've got a lot on in the next couple of days. | 0:03:51 | 0:03:55 | |
I can't be with you today because I've had to go off on a foreign business trip. | 0:03:55 | 0:04:01 | |
But I'd like to say well done to you all for getting so far. | 0:04:01 | 0:04:04 | |
There's only six of you left and it'll be in two weeks' time | 0:04:04 | 0:04:08 | |
I will be deciding which one of you will be my business partner. | 0:04:08 | 0:04:12 | |
And this task is all about seeing what you're made of. | 0:04:12 | 0:04:16 | |
I want to see if you can grow a business from scratch in 48 hours. | 0:04:16 | 0:04:21 | |
You go off and buy some stock for a stall that I've arranged for you. | 0:04:21 | 0:04:25 | |
On the second day, you're going to take all of your accumulated assets and you're going to stock out a shop | 0:04:25 | 0:04:31 | |
and at the end of the two days I will be judging who is the winner | 0:04:31 | 0:04:36 | |
by the team that has accumulated the biggest amount of assets. | 0:04:36 | 0:04:40 | |
And in the losing team, one of you will be fired. | 0:04:40 | 0:04:44 | |
I'll mix the teams up a bit and make it a bit interesting. | 0:04:44 | 0:04:47 | |
It's going to be boys versus girls. | 0:04:47 | 0:04:50 | |
We're back to where we were in Week One. | 0:04:50 | 0:04:53 | |
So, get off to work and I'll see you in a couple of days' time back in the boardroom. | 0:04:53 | 0:04:59 | |
Good luck, guys. | 0:04:59 | 0:05:02 | |
Starting with £150, both teams have two days to grow a business. | 0:05:02 | 0:05:08 | |
Today, they must trade from stalls in an East London market, | 0:05:10 | 0:05:15 | |
then buy more of what sells best before opening shops tomorrow. | 0:05:15 | 0:05:20 | |
What do you think about the teams? | 0:05:21 | 0:05:24 | |
-I'm delighted in the sense of I think we've got a much stronger team. We need to smash this. -Yeah. | 0:05:24 | 0:05:30 | |
We have so totally something to prove to those stupid boys. They've got Myles - boring! | 0:05:30 | 0:05:35 | |
If we're on a market stall, shall we dress down? We'll be too smart if we're not careful. | 0:05:35 | 0:05:40 | |
Jordan hasn't really sold that much. | 0:05:40 | 0:05:43 | |
I think we definitely dress down today and maybe even tomorrow depending on the location. | 0:05:43 | 0:05:48 | |
And Neil is really, like, strong. | 0:05:48 | 0:05:51 | |
Will we wear smart jeans and a shirt? | 0:05:51 | 0:05:54 | |
But sales, we're stronger. | 0:05:54 | 0:05:56 | |
Before leaving, both teams need a boss. | 0:05:57 | 0:06:01 | |
In terms of PM, I'd love a crack at this one. | 0:06:03 | 0:06:06 | |
There's logistics involved and it's a real sales-focused task. | 0:06:06 | 0:06:10 | |
We're a great team, particularly me and you, Neil, on the sales side. | 0:06:10 | 0:06:14 | |
I'd like to be PM as well. I'd like you to be focusing on sales, so I can focus on strategy and numbers. | 0:06:14 | 0:06:19 | |
-How do you feel, Neil? -In terms of project manager, I'd say give Myles a shot at doing it. | 0:06:19 | 0:06:24 | |
OK, cool. | 0:06:24 | 0:06:26 | |
I'd like to be project manager. It'll be about selecting the right product and selling it for the right price. | 0:06:26 | 0:06:32 | |
I'd also like to be project manager. | 0:06:32 | 0:06:34 | |
-Competing to run the girls... -This is a perfect task for me with regard to my background and what I do. | 0:06:34 | 0:06:41 | |
-..Leah and Luisa. -Obviously, I have three retail businesses. | 0:06:41 | 0:06:45 | |
-I think you're perfectly capable, Leah, but my gut is saying Luisa. I just want us to win. -OK. | 0:06:45 | 0:06:51 | |
The girls are back together, led by Luisa. She was picked as PM. | 0:06:51 | 0:06:55 | |
She started a retail business and that's what this task is all about. | 0:06:55 | 0:06:59 | |
She should, as they say, smash it. | 0:06:59 | 0:07:02 | |
Leggings, tights, flat caps, massive. I love a hat. | 0:07:02 | 0:07:05 | |
Next, work out what to sell. | 0:07:05 | 0:07:08 | |
-I think this is really on trend. -I really agree. -Shall we go for fashion? -I think fashion, yeah. | 0:07:08 | 0:07:15 | |
Is there any gut feeling at the moment in terms of stock? | 0:07:15 | 0:07:19 | |
-Carefully considering their options... -Um... | 0:07:19 | 0:07:22 | |
..the boys. | 0:07:22 | 0:07:24 | |
We need something that's going to make some money, then we need other things that will then sell. | 0:07:24 | 0:07:29 | |
JORDAN: We can get greeting cards. | 0:07:29 | 0:07:32 | |
I'm kind of not sure about cards, but it's, um... | 0:07:32 | 0:07:36 | |
Teapots are cool, though. | 0:07:36 | 0:07:39 | |
Yeah... | 0:07:39 | 0:07:40 | |
The boys have spent so much time this morning talking | 0:07:40 | 0:07:44 | |
and dithering and debating. | 0:07:44 | 0:07:46 | |
They've got no strategy at all about what they'll stock, what they'll buy and who they'll sell to. | 0:07:46 | 0:07:52 | |
-If we get something that doesn't sell... -We've had it. | 0:07:52 | 0:07:55 | |
Me and Leah will go and look at stock. | 0:07:55 | 0:07:58 | |
You go and check out Shoreditch, look at what are other people selling, what's the vibe like. | 0:07:58 | 0:08:04 | |
-Everybody happy? -Happy. -Cool. | 0:08:04 | 0:08:06 | |
Fixed on flogging fashion, | 0:08:07 | 0:08:10 | |
the girls hit the road. | 0:08:10 | 0:08:13 | |
-We'll go for quantity. Quantity, quantity, quantity. The "stack 'em high, sell it cheap" theory. -Yeah. | 0:08:13 | 0:08:19 | |
Spitalfields Market, | 0:08:21 | 0:08:24 | |
hosting stallholders for over 200 years. | 0:08:24 | 0:08:27 | |
Today, base for both teams' businesses. | 0:08:29 | 0:08:32 | |
-How much are your beanie hats usually? -£8. -£8? -Yeah. | 0:08:32 | 0:08:36 | |
With a head start on the boys... | 0:08:36 | 0:08:38 | |
-What's the most expensive hat you sell? -..Francesca checks out the competition. | 0:08:38 | 0:08:43 | |
-£35 is the top on bowlers. -Yeah. | 0:08:43 | 0:08:46 | |
-How much do you sell those for? -A tenner. -Is that all? They look really good. -Thank you. | 0:08:46 | 0:08:51 | |
Still stuck on what to stock... | 0:08:53 | 0:08:56 | |
Have you guys made a decision? | 0:08:56 | 0:08:58 | |
-Myles? -..the boys. | 0:08:58 | 0:09:01 | |
Um... If you just give us a couple of minutes, we'll make the decision. | 0:09:02 | 0:09:07 | |
Thank you, Karren. | 0:09:07 | 0:09:09 | |
'Myles has been a bit indecisive. I think at this late stage he's scared to put his neck on the line.' | 0:09:09 | 0:09:15 | |
The biggest mistake so far is making Myles PM instead of me. | 0:09:15 | 0:09:18 | |
-Homeware, yeah? -I'm happy with that. | 0:09:18 | 0:09:21 | |
-Neil? -Yeah, I'm happy with that. -We're going to go with homeware. | 0:09:21 | 0:09:25 | |
Let's get on the road. | 0:09:25 | 0:09:27 | |
I think we just need to get maybe two or three products now, | 0:09:33 | 0:09:38 | |
see what sells and go back. | 0:09:38 | 0:09:40 | |
Yeah. | 0:09:40 | 0:09:41 | |
Mid-morning. | 0:09:47 | 0:09:49 | |
What are your best-selling lines of hats? | 0:09:49 | 0:09:52 | |
Stocking up their fashion business... | 0:09:52 | 0:09:54 | |
A sort of East London vibe... We were thinking of the tweed flat cap. | 0:09:54 | 0:09:59 | |
..Luisa gets a head for low-cost hats. | 0:09:59 | 0:10:02 | |
-Beanie hats are really in. -Are they? I think they were more 1998. | 0:10:02 | 0:10:07 | |
-That's quite nice. Do you sell a lot of these? -Yeah. | 0:10:07 | 0:10:11 | |
I look like roadkill! | 0:10:11 | 0:10:14 | |
The strategy the team has settled on is high volume, low cost, shift as much as we possibly can. | 0:10:14 | 0:10:21 | |
-So, these would be sort of current, on trend? -Yeah. | 0:10:21 | 0:10:25 | |
They want to be in and out of these wholesalers all day, re-stocking. | 0:10:25 | 0:10:30 | |
-There is 86. -Hopefully, we'll see you later. -I'm sure we will. | 0:10:30 | 0:10:35 | |
East London. | 0:10:39 | 0:10:41 | |
Still to start buying, Neil and Myles. | 0:10:41 | 0:10:45 | |
We're looking to maybe glean a few interesting pieces. | 0:10:45 | 0:10:48 | |
On hand, a range of high-end homewares. | 0:10:48 | 0:10:52 | |
Most of my ceramics are gift market, aimed at. | 0:10:52 | 0:10:55 | |
For Spitalfields Market, what do you think would be the best-sellers? | 0:10:55 | 0:10:59 | |
-The ceramic notepad definitely, the butter dish definitely. -What was the retail? -They're 25. | 0:10:59 | 0:11:05 | |
If I'm honest, I think it's quite expensive. | 0:11:05 | 0:11:08 | |
-What sort of price would you be able to do for us? -I'm saying to you 11.50 for those. | 0:11:08 | 0:11:13 | |
For the girls... | 0:11:17 | 0:11:19 | |
-Hello. -Oh, this looks nice! -..stall selected. | 0:11:19 | 0:11:23 | |
I think I've bagged us the best stand away from the other hat stands. | 0:11:23 | 0:11:27 | |
I haven't seen any leggings or any tights. | 0:11:27 | 0:11:30 | |
Next job, price the products. | 0:11:30 | 0:11:32 | |
This is gorgeous. | 0:11:32 | 0:11:34 | |
I found a lady selling them for £10. What did you get it for? | 0:11:34 | 0:11:38 | |
-For £2 each. -- She's selling them for a tenner. - Great. OK. | 0:11:38 | 0:11:41 | |
We've gone for the wholesalers that we know are a bit cheaper, | 0:11:41 | 0:11:45 | |
so we can have competitive prices. I'm glad we didn't go for the top-end stuff. What we chose will work well. | 0:11:45 | 0:11:51 | |
PHONE RINGS | 0:11:51 | 0:11:54 | |
-How are you doing? -Yeah, OK, really good. We've bought £108-worth of stuff. | 0:11:54 | 0:12:00 | |
We've got... What have we got? ..16 items to sell in total that we're really happy with. | 0:12:00 | 0:12:05 | |
Right. | 0:12:05 | 0:12:06 | |
'My big fear at the moment is they've got 16 products.' | 0:12:06 | 0:12:10 | |
I think the price points are a bit high for the products we're selling. | 0:12:10 | 0:12:14 | |
We'll have to get some relatively affluent customers who'll want to spend £20 on a ceramic rubber glove. | 0:12:14 | 0:12:20 | |
-Hello. -Hi. -Zena? -Nice to meet you. -I'm Jordan. Lovely to meet you too. | 0:12:20 | 0:12:25 | |
-Time to check out some cheaper products. -I've got lots of greeting cards. I do packs of ten. | 0:12:25 | 0:12:30 | |
-They're 2.50 retail. -OK. -And that's 1.10 wholesale... Thank you very much. That's perfect. | 0:12:30 | 0:12:36 | |
Setting out ceramics at Spitalfields... | 0:12:36 | 0:12:39 | |
You come up with something artistic. I'll do the display. | 0:12:39 | 0:12:42 | |
-..Neil and project manager Myles. -I think we can use these in the display. -We haven't got a lot. | 0:12:42 | 0:12:49 | |
Neil and Myles have gone for very high-end, expensive products and they've only got 16 of them. | 0:12:49 | 0:12:55 | |
They've got a great big stall and a couple of bits floating around. It doesn't look great. | 0:12:55 | 0:13:00 | |
We've got some fantastic presents, earthenware glaze. | 0:13:00 | 0:13:03 | |
-No-one's looking at it. -It wouldn't entice me over to have a look. | 0:13:03 | 0:13:08 | |
They don't really want to know. | 0:13:08 | 0:13:10 | |
Midday. | 0:13:10 | 0:13:12 | |
We have lovely caps and beanie hats. | 0:13:14 | 0:13:16 | |
Bowling over buyers with low-cost hats... | 0:13:16 | 0:13:19 | |
We have got some great items for you. | 0:13:19 | 0:13:22 | |
12.50 then, please. | 0:13:22 | 0:13:23 | |
-Thank you. -..the girls. | 0:13:23 | 0:13:26 | |
-Thank you. -You can see how stunning you now look. | 0:13:26 | 0:13:30 | |
-Oh, yeah, the hat. -It's lovely. -Lovely. | 0:13:30 | 0:13:33 | |
Hello, mate. Some gift ideas in ceramic? | 0:13:33 | 0:13:36 | |
Can I interest you in our ceramics? | 0:13:37 | 0:13:39 | |
I think we'll struggle with this. | 0:13:39 | 0:13:42 | |
The never-ending notepad. | 0:13:43 | 0:13:46 | |
-Lovely for the side at home. -Do you like them? -No. | 0:13:46 | 0:13:49 | |
Ceramics. Ceramic tiles, so you can keep soaps in them. | 0:13:49 | 0:13:53 | |
-Come on, guys, a wonderful gift. Are you sure? -Yeah. | 0:13:53 | 0:13:57 | |
A bit of fun ceramic here. | 0:13:57 | 0:13:59 | |
Can I interest you in one of those? | 0:13:59 | 0:14:01 | |
-I'll let you have one for 15 quid. -I don't think I would, no. | 0:14:01 | 0:14:05 | |
With ceramics slow to sell... | 0:14:05 | 0:14:08 | |
..a plan to target traders from Jordan. | 0:14:09 | 0:14:13 | |
There's a card shop over there. I wonder if I could go and try and sell him 100 cards? | 0:14:13 | 0:14:19 | |
I'm doing a recce of the area to see if there's any other shops that we could sell cards to. | 0:14:19 | 0:14:24 | |
I'd like to shift them in volume. | 0:14:24 | 0:14:26 | |
Hello, madam. I love your cards. | 0:14:26 | 0:14:28 | |
I hope to persuade someone to take 50 or 100, then I'll pick them up. | 0:14:28 | 0:14:32 | |
I've got some cards. I'm representing a local designer. Are you interested at all in having a look? | 0:14:32 | 0:14:38 | |
-We don't really have room for other people's cards. -That's a shame. Thank you anyway. -Thank you. | 0:14:38 | 0:14:44 | |
-Ten of them, ten of those ones. -Five different, yeah? -Five different ones. Is that cool? -Yeah. | 0:14:45 | 0:14:51 | |
-So, £80. -£80, OK. -Good man. Thank you very much. | 0:14:51 | 0:14:55 | |
Order agreed, it's off to get the goods. | 0:14:57 | 0:15:01 | |
Quick update. I sold 50 cards at £80. | 0:15:01 | 0:15:04 | |
-Legend. -Well done. | 0:15:04 | 0:15:06 | |
There's a £25 profit. At least it keeps us ticking over. | 0:15:06 | 0:15:09 | |
-OK. -Right. We need to seriously... -It's 25 quid, isn't it? | 0:15:09 | 0:15:13 | |
-Can I interest you in a beanie hat? -Our beanies are only £6. -We also have these really funky leggings. | 0:15:15 | 0:15:21 | |
Mid-afternoon. | 0:15:21 | 0:15:23 | |
-There you are, sir. -With profits piling up... -Thank you. | 0:15:23 | 0:15:27 | |
-Fran, you're going to have to go and re-stock. -Yeah. | 0:15:27 | 0:15:30 | |
..time to expand the business. | 0:15:30 | 0:15:32 | |
We may as well invest the money we have into more stock, so it sells. | 0:15:35 | 0:15:39 | |
Lord Sugar has always said on this reinvestment task, "Smell what sells," then go and buy some more. | 0:15:39 | 0:15:45 | |
Go back to the hat place where we went this morning. | 0:15:45 | 0:15:49 | |
-Right. -Get the black and white headbands. | 0:15:49 | 0:15:52 | |
Yeah. Fran, go, go, go! | 0:15:52 | 0:15:54 | |
"More, please, Francesca." They've got their strategy and it seems to be working. | 0:15:54 | 0:15:59 | |
-There you go. That's £10, please. -Thank you. -Thank you very much. | 0:15:59 | 0:16:03 | |
Back to pick up a pack of cards for his trade deal... | 0:16:03 | 0:16:06 | |
..Jordan. | 0:16:07 | 0:16:09 | |
-I'm doing a quick re-stock. -OK. -I'm hoping since I'm buying slightly more, we could do a small deal? | 0:16:09 | 0:16:14 | |
-I can't really do anything on the price. -That's OK. I mean... | 0:16:14 | 0:16:18 | |
-But you want 50? -I want 50, yeah. For 88, that would work out as. -OK. | 0:16:18 | 0:16:23 | |
-Bye-bye. -Bye! | 0:16:25 | 0:16:27 | |
5pm. | 0:16:28 | 0:16:30 | |
-Can I have five of these? -While Francesca does a rapid re-stock... | 0:16:30 | 0:16:35 | |
-Do you like this one? -No. | 0:16:35 | 0:16:37 | |
Five, five and four of these... There you go. | 0:16:37 | 0:16:41 | |
-Hello, madam. -..back at the stall... | 0:16:41 | 0:16:45 | |
-Funky leggings? -It's not quite my style. | 0:16:45 | 0:16:48 | |
-..sales fall flat. -Funky leggings, Leah. | 0:16:48 | 0:16:51 | |
Look at the state of us! | 0:16:51 | 0:16:55 | |
At the boys' stall... | 0:16:55 | 0:16:57 | |
-Would you like one of these? -Yes. -Which one would you like? This one? | 0:16:57 | 0:17:01 | |
-It's different? -No, they're all the same. | 0:17:01 | 0:17:04 | |
-..interest in pricey ceramics picks up. -Yellow rubber glove, quite iconic, really unique. | 0:17:04 | 0:17:10 | |
Really, really different. That's for you. £15. | 0:17:10 | 0:17:13 | |
-Great. I'll just write you out a receipt. -Lovely. | 0:17:13 | 0:17:16 | |
£30 for the two? I can't do any lower than that. | 0:17:16 | 0:17:20 | |
-Go on then. -Thank you very much. | 0:17:20 | 0:17:22 | |
-When they sell, they sell. -It's big money when they go. | 0:17:22 | 0:17:25 | |
-Two for 32. -Two for 30. -You've got a deal, madam. | 0:17:25 | 0:17:29 | |
-We need more notepads and more butter dishes. -That's what sells. | 0:17:29 | 0:17:33 | |
PHONE RINGS | 0:17:33 | 0:17:36 | |
- Jordan, how are you doing? - Not too bad. What was up? | 0:17:36 | 0:17:39 | |
We need to go back and get some more butter dishes and notepads. | 0:17:39 | 0:17:43 | |
- We need to have that tonight. - We can't, guys. | 0:17:43 | 0:17:47 | |
I've just got back from the card place, so I'm about to go in and make the sales of the cards. | 0:17:47 | 0:17:52 | |
-That's taken a long time for the 25 quid then. -Yeah. | 0:17:52 | 0:17:56 | |
-All right, mate. -All right. Bye. | 0:17:56 | 0:17:59 | |
-What is he doing? -He's on a crap deal for 25 quid. -But how long has he been gone? | 0:17:59 | 0:18:04 | |
7pm. | 0:18:08 | 0:18:09 | |
-Oh! -Hello! -Last instalment. -Oh, well done. | 0:18:11 | 0:18:15 | |
Brilliant. That's gorgeous. Oh, my goodness! | 0:18:15 | 0:18:18 | |
-Francesca, isn't that gorgeous? -Thank you. | 0:18:18 | 0:18:21 | |
I have your cards. Thank you for your business. Have a good day. | 0:18:21 | 0:18:25 | |
-There we go. -Thank you so much. Enjoy your evening. | 0:18:25 | 0:18:28 | |
It's been hard selling products that people didn't really want to buy. | 0:18:28 | 0:18:32 | |
We've sold quite a lot of stock in terms of just getting people to the stall. | 0:18:32 | 0:18:37 | |
Myles has panicked a little bit today. | 0:18:37 | 0:18:39 | |
I've focused on selling. I've sold more than anyone else by a mile. | 0:18:39 | 0:18:43 | |
-We've sold all the notebooks, all the butter dishes. -Five butter dishes. | 0:18:43 | 0:18:48 | |
-And what isn't selling... -Yeah. | 0:18:48 | 0:18:50 | |
-Can you do them both for 20? -Go on. | 0:18:52 | 0:18:54 | |
We've really shifted in bulk today, | 0:18:54 | 0:18:57 | |
but I have concerns about our stock. | 0:18:57 | 0:18:59 | |
We have a lot of low-priced items not generating massive revenue. | 0:18:59 | 0:19:04 | |
-Bye. Thanks! -Market trading over... | 0:19:04 | 0:19:07 | |
That's a nice little sale at the end of the day. | 0:19:07 | 0:19:09 | |
We'll start again tomorrow in our shop. We've upgraded! | 0:19:09 | 0:19:13 | |
8.30am. | 0:19:22 | 0:19:24 | |
-Morning. -A big day today. -Yeah. | 0:19:26 | 0:19:28 | |
Assets assessed... | 0:19:28 | 0:19:31 | |
We had a really good day yesterday. | 0:19:31 | 0:19:33 | |
..today, both teams must set up shop. | 0:19:33 | 0:19:37 | |
Two products sell - the notepad and the butter dish. | 0:19:37 | 0:19:40 | |
Yeah. I think we need to introduce a new line. | 0:19:40 | 0:19:43 | |
I think we go with candles. Jordan, you'll go off right now to the candle supplier. | 0:19:43 | 0:19:48 | |
-I would buy not the minimum amount, but an amount so we can see if it shifts. -Yeah. | 0:19:48 | 0:19:54 | |
The hats and the scarves you bought yesterday were a great money-maker. | 0:19:54 | 0:19:59 | |
-They might be more of a hard sell in this location. -We need more expensive items. | 0:19:59 | 0:20:04 | |
Yeah. | 0:20:04 | 0:20:06 | |
10am, Shoreditch. | 0:20:12 | 0:20:15 | |
Constructed from shipping containers... | 0:20:15 | 0:20:18 | |
..for both teams, a pop-up mall. | 0:20:19 | 0:20:23 | |
At one end... | 0:20:24 | 0:20:26 | |
-Here it is. -..branded by the boys... | 0:20:26 | 0:20:29 | |
Casa Unique. Let's get set up, yeah? | 0:20:29 | 0:20:32 | |
-At the other... -Oh, look at our shop! -..the girls' boutique. | 0:20:32 | 0:20:37 | |
Hats this side, clothing this side. | 0:20:37 | 0:20:40 | |
-People buy the display. -As long as it's visually appealing. | 0:20:40 | 0:20:45 | |
I think we've got enough to fill it. | 0:20:45 | 0:20:48 | |
-At Casa Unique... -We need all the stuff out, so it looks like we've got more stock than we had. | 0:20:50 | 0:20:55 | |
..setting out their stock, Neil and Myles. | 0:20:57 | 0:21:01 | |
-Why don't you just unpack stuff? -Yeah, I have done. | 0:21:02 | 0:21:05 | |
This whole business model is about passing trade. | 0:21:05 | 0:21:08 | |
What can you entice the customer to buy as a one-off purchase? | 0:21:08 | 0:21:13 | |
The boys' stock looks completely lost, so unenticing. If you walked past, you wouldn't want to go in it. | 0:21:13 | 0:21:19 | |
That's...that's better. | 0:21:19 | 0:21:21 | |
-I'm Jordan. -While Jordan makes a beeline to buy candles... -I like these. What are the prices on these? | 0:21:28 | 0:21:34 | |
-..hunting out top-end stock for the girls... -Pixie Lott wore this and this one last week. -OK. | 0:21:34 | 0:21:41 | |
..Francesca. | 0:21:41 | 0:21:42 | |
Could I get these at, like, 25 each? | 0:21:42 | 0:21:45 | |
-I could do them for, like, 27. I couldn't really go that much lower. -OK. | 0:21:45 | 0:21:49 | |
'We need a high quality item with a bit of style.' | 0:21:49 | 0:21:52 | |
In a shop, people want something different. If you can get it in the market, why would you go to a shop? | 0:21:52 | 0:21:58 | |
'Hopefully, we can sell these, come back and get a few more cos they're really fashionable.' | 0:21:58 | 0:22:03 | |
-Thank you. -Thank you. Brilliant. | 0:22:03 | 0:22:06 | |
-We've actually got all our products out. -Yeah. | 0:22:07 | 0:22:10 | |
-I don't think the shop looks brilliant, does it? -It looks awful. -We need to get creative. | 0:22:10 | 0:22:15 | |
-I don't think it looks that bad like that. -You also want someone to be able to walk in the shop. -Why? | 0:22:20 | 0:22:25 | |
-I'm tempted to use this as well. -What for? | 0:22:25 | 0:22:29 | |
See how it looks. | 0:22:33 | 0:22:35 | |
Turn these round a bit. Have a product range on that, so people see it that way. | 0:22:35 | 0:22:40 | |
Myles, if I'm coming that way, I can see it now quite clearly. | 0:22:40 | 0:22:45 | |
Look how tiny our stand looks! | 0:22:46 | 0:22:48 | |
At the girls' shop... | 0:22:49 | 0:22:52 | |
-Show us what you've got. -Have you got it on? -You've got it on! | 0:22:52 | 0:22:56 | |
..designer dresses modelled by Francesca. | 0:22:56 | 0:22:59 | |
-Oh, so cute! -Lovely. | 0:22:59 | 0:23:02 | |
-Really nice. -That is very like... round here style. | 0:23:02 | 0:23:06 | |
You look marvellous, Fran. | 0:23:06 | 0:23:07 | |
-So, I spent £105 with her. -Cool. | 0:23:07 | 0:23:10 | |
-The recommended retail price she says is 65. -That's bloody amazing! | 0:23:10 | 0:23:15 | |
11am. | 0:23:17 | 0:23:20 | |
-Yeah, do you want that for a tenner? -Opening time. | 0:23:20 | 0:23:23 | |
There you go. Thank you very much. | 0:23:23 | 0:23:25 | |
Already warming up... | 0:23:25 | 0:23:28 | |
That's really lovely with your hair colour. | 0:23:28 | 0:23:31 | |
..sales in hats and scarves. | 0:23:31 | 0:23:33 | |
-Nice look, isn't it? -Yes... | 0:23:33 | 0:23:36 | |
That's £15. Thank you very much. | 0:23:36 | 0:23:39 | |
-Leah, he came in looking for men's clothes and I flogged him a bowler hat full price. -Great! | 0:23:39 | 0:23:46 | |
That was brilliant. | 0:23:46 | 0:23:48 | |
You can come this... | 0:23:48 | 0:23:50 | |
-Can I interest you in our ceramics? -Gift ideas by London designers? | 0:23:50 | 0:23:53 | |
Showcasing it just one day, one day only, London designers. | 0:23:53 | 0:23:57 | |
Mate, this is going to be a hard slog, you know. | 0:23:57 | 0:24:01 | |
-At Casa Unique... -Hello, mate. We've got some great gift ideas, local London designers. | 0:24:01 | 0:24:06 | |
-Hello, mate. Gift ideas. -..still no sales for Myles. | 0:24:06 | 0:24:09 | |
Iconic ceramics, London designers? Gift ideas. We've got London designers working with ceramics. | 0:24:09 | 0:24:15 | |
That's my personal favourite. | 0:24:15 | 0:24:17 | |
But turning a profit on pottery... | 0:24:17 | 0:24:20 | |
Do you like them? What would you like to get? | 0:24:20 | 0:24:23 | |
-This and one of these? -..Neil. | 0:24:23 | 0:24:25 | |
We can actually sell you two of these together for £40. | 0:24:25 | 0:24:29 | |
-Two? -Yes. -If you'd like to come through, I'll sort this for you. | 0:24:29 | 0:24:34 | |
Local London designers, just one day. Come and have a look. | 0:24:34 | 0:24:37 | |
They haven't made a lot of sales. | 0:24:37 | 0:24:40 | |
Myles, usually very cool, calm and collected, is actually fraying round the edges. | 0:24:40 | 0:24:44 | |
-OK, thank you. -Well done, mate. That was massive. | 0:24:44 | 0:24:48 | |
Where's the candles? It's ten to one. | 0:24:50 | 0:24:53 | |
He left at nine o'clock! | 0:24:53 | 0:24:55 | |
-What about these? How much are these pillars? -70 by 130, so I'll get a price for those. | 0:24:57 | 0:25:03 | |
Still considering candles... | 0:25:04 | 0:25:06 | |
..Jordan. | 0:25:07 | 0:25:09 | |
Um... | 0:25:09 | 0:25:11 | |
You see, what I'm thinking is that I think I'd probably rather go with the twilights. | 0:25:11 | 0:25:17 | |
At East Side Fashion... | 0:25:20 | 0:25:23 | |
This was worn by Pixie Lott last week. | 0:25:23 | 0:25:25 | |
..Francesca's dresses, pushed by Luisa. | 0:25:25 | 0:25:29 | |
We're selling them today for £65. | 0:25:29 | 0:25:33 | |
-It's out of my budget, I'm afraid. -Thanks. | 0:25:33 | 0:25:36 | |
A really up-and-coming designer. Really feminine, really pretty. | 0:25:38 | 0:25:42 | |
We'll think about it. | 0:25:42 | 0:25:44 | |
-Really nice. -Very nice. Come and have a look. -How much? -Do you like it? For this, 65. | 0:25:44 | 0:25:50 | |
-She's a famous designer. -All right. -We're here all day. | 0:25:50 | 0:25:53 | |
After a four-hour shopping trip... | 0:25:55 | 0:25:58 | |
- Where have you been? - Don't get me started! | 0:25:58 | 0:26:01 | |
..Jordan's back. | 0:26:01 | 0:26:03 | |
We've got three types of candles. I reckon you can sell one for 25 quid or more. I reckon two for 50 quid. | 0:26:04 | 0:26:10 | |
I think they're too expensive. | 0:26:10 | 0:26:13 | |
These are statement candles. I would jokingly say they're immortal candles. You'll never burn them down. | 0:26:13 | 0:26:19 | |
2pm. | 0:26:21 | 0:26:24 | |
We're only here for one day. We close at six. Please, do go in. | 0:26:24 | 0:26:28 | |
-For the girls, the day's hot sellers... -That does look cool. -You would say that, though. | 0:26:28 | 0:26:34 | |
-..hats and scarves. -Thank you. -There we go. | 0:26:34 | 0:26:37 | |
Very high quality. Feel the quality. | 0:26:37 | 0:26:39 | |
-It's mainly acrylic, though. -It's actually majority wool. -It says, "80% acrylic, 20% wool." | 0:26:39 | 0:26:45 | |
Oh, perhaps it is more acrylic. Does that not feel like wool? | 0:26:45 | 0:26:49 | |
-We need to shift these dresses. -Yeah. | 0:26:50 | 0:26:53 | |
Even if we go down to 35, we'll make a tenner on them, job done, thank you very much. | 0:26:53 | 0:26:58 | |
If you change that price tag for me... | 0:26:58 | 0:27:01 | |
The dresses, I am concerned about. We've got over £100 invested in the dresses and we haven't sold any yet. | 0:27:01 | 0:27:07 | |
If we have to slash the prices to shift them, I'm open to doing that. | 0:27:07 | 0:27:11 | |
We've got lovely vintage-style dresses, only £40! | 0:27:11 | 0:27:16 | |
At Casa Unique... | 0:27:20 | 0:27:22 | |
I'm quite nervous that nothing is selling that fast. | 0:27:22 | 0:27:25 | |
How are we going to win on this performance? | 0:27:25 | 0:27:29 | |
..and with time running out, from Neil, a bid to go big. | 0:27:29 | 0:27:33 | |
Do we go and get a high ticket item? If we pay 100 for it or whatever, | 0:27:33 | 0:27:38 | |
it's going to take one person to buy something of that mark-up. | 0:27:38 | 0:27:42 | |
I can't guarantee it. What's your thoughts, Myles? | 0:27:42 | 0:27:45 | |
Make the call on it, yeah? Whatever you want to do. | 0:27:45 | 0:27:48 | |
I think Myles hasn't been decisive again today and he struggled with that on day one. | 0:27:48 | 0:27:54 | |
-'A bit frustrating that he can't make decisions.' You've got to make this call. -I'm with you. | 0:27:54 | 0:27:59 | |
'He's lost the plot in terms of the strategy and he's panicking.' | 0:27:59 | 0:28:02 | |
What we're saying is we're going to roll the dice. Jordan, you crack on. Take the cash. | 0:28:02 | 0:28:08 | |
-I'll get back outside. -We'll keep selling. | 0:28:08 | 0:28:11 | |
That's £15, please. | 0:28:15 | 0:28:17 | |
-East Side Fashion. -Would you like those? -Thank you. -Yeah? -Yeah. | 0:28:17 | 0:28:22 | |
For the girls, a rethink. | 0:28:22 | 0:28:24 | |
The dresses haven't really sold. The leggings, we're struggling with. The hats are going. | 0:28:24 | 0:28:29 | |
-Send Fran again, reinvest, just diversify with the hats? -Yeah. | 0:28:29 | 0:28:33 | |
I think I'll send you out again. The hats and the scarves are our best-seller by far. | 0:28:33 | 0:28:38 | |
-We just need to keep rolling, keep shifting. -Yeah. | 0:28:38 | 0:28:41 | |
I've had a few question marks over Luisa for a few weeks, | 0:28:41 | 0:28:45 | |
but yesterday, she came into her own. She is a retailer. | 0:28:45 | 0:28:48 | |
-What about berets? I've seen a lot of people walking round with berets. -Crocheted berets, yeah. | 0:28:48 | 0:28:54 | |
Today, I think she's leading a happy team and she's doing well. | 0:28:54 | 0:28:58 | |
-I've come to look at your lovely wares. -Next for Jordan... | 0:29:03 | 0:29:08 | |
We'd like some more high-end, upmarket stuff, so we came to you. | 0:29:08 | 0:29:13 | |
..premium products. | 0:29:13 | 0:29:15 | |
-The high-end range are these Zsa Zsa vases. -Zsa Zsa? -Yes. -They stand out really nicely. | 0:29:15 | 0:29:22 | |
-Very, very pretty. -Thank you. -Do you make these here? -Everything. | 0:29:22 | 0:29:26 | |
-By hand? -Yeah. -Fantastic. -It's all wheel-thrown porcelain. | 0:29:26 | 0:29:31 | |
I'd be interested to find out more about your prices, the trade prices. | 0:29:31 | 0:29:35 | |
-For the small Zsa Zsa, it's £76. Wholesale. -So that means that's going to be about 190 retail. | 0:29:35 | 0:29:42 | |
-OK. I think one of the small Zsa Zsa. -No problem. | 0:29:42 | 0:29:47 | |
Endeavour have risked all their money on one high-end, bespoke designer vase. | 0:29:47 | 0:29:52 | |
If they sell it, they'll have made their entire first day's taking on one item. | 0:29:52 | 0:29:57 | |
It's a big risk, though. Is there someone passing by in Shoreditch | 0:29:57 | 0:30:01 | |
that wants that type of product at that type of price? | 0:30:01 | 0:30:05 | |
4.30pm. | 0:30:05 | 0:30:07 | |
-We're not shifting anything. These candles. -With 1½ hours to go... | 0:30:07 | 0:30:12 | |
-We need a big sale. -Yeah, we do. -We need to land something big. | 0:30:12 | 0:30:16 | |
..for the boys, | 0:30:16 | 0:30:19 | |
a delivery. | 0:30:19 | 0:30:22 | |
This is the big ticket item. The Zsa Zsa vase. | 0:30:23 | 0:30:28 | |
Wow. | 0:30:29 | 0:30:31 | |
It's a lot smaller than I... | 0:30:33 | 0:30:35 | |
-How much was this? -£70. It's all hand-loomed. | 0:30:35 | 0:30:39 | |
- They're all unique, one of a kind. She said 190 retail. - Max. | 0:30:39 | 0:30:45 | |
I've got to say, it's a bit disappointing. | 0:30:45 | 0:30:49 | |
'I don't exactly know what Myles and Neil were expecting.' | 0:30:50 | 0:30:55 | |
-I think they're really pretty, visually striking. A beautiful thing to have on your desk. -Right, OK. | 0:30:55 | 0:31:01 | |
They're terrified they can't sell it, the master salesmen. | 0:31:01 | 0:31:06 | |
-We'll struggle to get rid of that here. -Yeah. There's a few independent shops you can try to sell to. | 0:31:06 | 0:31:12 | |
Yeah, no problem. | 0:31:12 | 0:31:15 | |
They'd rather it was my responsibility. | 0:31:15 | 0:31:18 | |
Jordan, good luck. | 0:31:18 | 0:31:22 | |
Me again! | 0:31:23 | 0:31:25 | |
I need quite a few hats. I'm in a real rush. | 0:31:25 | 0:31:28 | |
-With Francesca sent for a last-minute restock... -Can I have these and these for £3? And these? | 0:31:28 | 0:31:35 | |
..a price-cutting push for sales from project manager Luisa. | 0:31:35 | 0:31:39 | |
It was £15 earlier. Then it was 12.50. Now we're selling it for £10. | 0:31:39 | 0:31:44 | |
Men's hats, all half-price. | 0:31:44 | 0:31:47 | |
They'll drop the prices now. I just want to sell as much as we can. | 0:31:47 | 0:31:52 | |
Please, go in. Take two minutes of your time. I know you're on the job, but we've got berets for a fiver. | 0:31:52 | 0:31:58 | |
5.30pm. | 0:32:02 | 0:32:04 | |
For Jordan, half an hour to bag a big sale. | 0:32:04 | 0:32:09 | |
This really is a work of art. It gives the idea of tulips. | 0:32:12 | 0:32:17 | |
Em... | 0:32:17 | 0:32:18 | |
I hope he does get a sale. There's not much time left. If he can sell that and come away with a profit, | 0:32:18 | 0:32:25 | |
then it's been worthwhile. | 0:32:25 | 0:32:27 | |
Maybe you should go to more craft-y shops. | 0:32:27 | 0:32:31 | |
Ah! | 0:32:32 | 0:32:33 | |
- Come inside, grab a bargain! - For £7, really good offer. | 0:32:33 | 0:32:37 | |
I'm offering you 70% off every single thing in this shop. 70% off everything. | 0:32:37 | 0:32:43 | |
- Thank you very much. - Great price. | 0:32:43 | 0:32:46 | |
The reds look amazing on you. | 0:32:46 | 0:32:48 | |
- That's lovely. - £5. | 0:32:48 | 0:32:51 | |
£20. | 0:32:51 | 0:32:52 | |
-We're at about 280. -280. -Turnover. -Turned over 280. We did 308 yesterday. It's not enough. -No. | 0:32:54 | 0:33:01 | |
Five minutes to go. | 0:33:03 | 0:33:06 | |
-I'm going to try this place. -Jordan's last chance. | 0:33:07 | 0:33:11 | |
-I genuinely think this will be the perfect thing to have in here. -How much does it retail for? -£199. | 0:33:11 | 0:33:18 | |
-OK. -But for you today I could give it to you for 150. | 0:33:18 | 0:33:23 | |
Hand-made cards? | 0:33:23 | 0:33:25 | |
25 quid. Three candles and a gutter dish. ..Cheers, guys. | 0:33:26 | 0:33:31 | |
-It would look perfect just sat by the till. -It has a really nice texture. | 0:33:31 | 0:33:36 | |
It would fit really ideally in here. | 0:33:36 | 0:33:39 | |
Em... | 0:33:40 | 0:33:42 | |
6pm. | 0:33:43 | 0:33:45 | |
Come on, Leah. We've closed. What a good day. | 0:33:45 | 0:33:49 | |
Time to shut up shop. | 0:33:49 | 0:33:51 | |
-Well done. -What a long day. -Well, we did the best we could. | 0:33:51 | 0:33:56 | |
We don't know if Jordan sold anything. Fingers crossed. | 0:33:56 | 0:34:00 | |
Tonight, takings plus the wholesale value of remaining stock will be totted up. | 0:34:00 | 0:34:07 | |
Tomorrow, the boardroom. | 0:34:09 | 0:34:11 | |
You can go through to the boardroom now. | 0:34:34 | 0:34:38 | |
- Good afternoon. - Good afternoon, Lord Sugar. | 0:35:00 | 0:35:03 | |
Well, this is another one of my favourite tasks. | 0:35:06 | 0:35:10 | |
It replicates what I did 40-odd years ago and started a business from nowhere. I gave you £150. | 0:35:10 | 0:35:17 | |
I told you to go out and smell what was selling and dump the useless stuff. | 0:35:17 | 0:35:24 | |
A bit like I do in this boardroom. | 0:35:25 | 0:35:28 | |
So I'm going to start with Evolve. Tell me what happened. | 0:35:28 | 0:35:32 | |
I was project manager, Lord Sugar. | 0:35:32 | 0:35:35 | |
-Because you've got shops? -Yeah. | 0:35:35 | 0:35:38 | |
-Happy with Luisa? -Good project manager. | 0:35:38 | 0:35:42 | |
-And happy with the co-operation? -Yeah, the girls were great. | 0:35:42 | 0:35:46 | |
We identified we wanted to go with fashion. So we identified to go with the leggings initially and the hats. | 0:35:46 | 0:35:54 | |
-A couple of bowler hats, I heard. -Yeah. -You know you weren't allowed to sell to Nick? | 0:35:54 | 0:35:59 | |
-We tried. -We tried. -The thing is about retail, as you would know... | 0:35:59 | 0:36:05 | |
-Yeah. -..the art is buying the right stuff. -The strategy, initially, | 0:36:05 | 0:36:09 | |
-was on the first day to buy products relatively low cost. -Who was selling? All three of you? | 0:36:09 | 0:36:15 | |
-We all had a go at selling. -Luisa did well. Nearly 300... £293 in sales. | 0:36:15 | 0:36:21 | |
I wouldn't get carried away. Neil did over 470 on his own. | 0:36:21 | 0:36:26 | |
Right. | 0:36:26 | 0:36:28 | |
-And then Francesca was our re-stocker. -Why did you send Francesca always to re-stock? | 0:36:28 | 0:36:34 | |
She came back with some things that didn't sell at all. | 0:36:34 | 0:36:38 | |
Yeah, we did ask Francesca to buy some dresses. | 0:36:38 | 0:36:43 | |
They didn't end up selling, but it was worth the risk. No point having cash in the till. | 0:36:43 | 0:36:49 | |
-I'd rather re-invest it and get... -But not if it doesn't sell, though. | 0:36:49 | 0:36:53 | |
A certain thing you'll learn is that your auditors come in at the end of your financial year | 0:36:53 | 0:37:01 | |
and they look at your inventory and they say, "You've had this for six months. | 0:37:01 | 0:37:07 | |
"So no, I'm not going to value that at what you paid for it because it clearly doesn't sell." | 0:37:07 | 0:37:14 | |
-Let's move on to Endeavour. Gentlemen? -I was project manager, Lord Sugar. | 0:37:14 | 0:37:20 | |
-I quite liked it from a sales perspective. -You and Neil went off to do some buying. -Exactly, yeah. | 0:37:20 | 0:37:27 | |
-So where did you go first? -We chose a supplier that had some trendy, cool, funky ceramics. | 0:37:27 | 0:37:33 | |
It was very high-end, designer bespoke pieces. | 0:37:33 | 0:37:37 | |
-Are these expensive? -They were medium ticket items. We felt they had good margins. | 0:37:37 | 0:37:43 | |
In terms of our strategy, we started out with some medium range stuff we could turn good numbers on. | 0:37:43 | 0:37:49 | |
-That had to be our approach. -How many items did you have? | 0:37:49 | 0:37:53 | |
-We came away with 16, I think, from there. -16 items. | 0:37:53 | 0:37:57 | |
-16 items only? -Yes. -Three blokes, one stall, 16 items? | 0:37:57 | 0:38:02 | |
-It must have looked very sparse, no? -It didn't look busy at all. | 0:38:02 | 0:38:09 | |
Like the bailiffs have left a few bits and pieces. £150 was deliberately chosen as a small amount | 0:38:09 | 0:38:17 | |
and I was expecting that you would use your brains to have a depth of stock. | 0:38:17 | 0:38:23 | |
Otherwise, you can't smell what sells. | 0:38:23 | 0:38:25 | |
16 items on a stall don't sound too clever to me. | 0:38:25 | 0:38:31 | |
Truth is, the stall didn't look great, but your margins were good. | 0:38:31 | 0:38:36 | |
-What else? -We had success with two of the ceramic lines. | 0:38:36 | 0:38:40 | |
-I sold a couple. -Neil did well. | 0:38:40 | 0:38:43 | |
-One sale, I think, was £75. -Yes, he upsold a lady very well. | 0:38:43 | 0:38:47 | |
So we got ourselves eight of each of those products to take into the next morning. | 0:38:47 | 0:38:53 | |
-Your shop must have looked a bit of a joke. -To be honest, it was embarrassing. | 0:38:53 | 0:38:59 | |
We made it into a market stall. It was disappointing how the shop looked, | 0:38:59 | 0:39:05 | |
but we were selling high-margin and medium-ticket items. | 0:39:05 | 0:39:09 | |
It sounds like somebody laid down a strategy, that may have worked, for high ticket value. | 0:39:09 | 0:39:14 | |
-What did a pair of leggings sell for? -£12.50 | 0:39:14 | 0:39:18 | |
-12.50. So you've got to sell a lot of leggings. -Yeah. | 0:39:18 | 0:39:22 | |
All right, let's find out how we grew our assets, shall we? | 0:39:22 | 0:39:26 | |
So, Karren, perhaps you can read out to me your team's results. | 0:39:29 | 0:39:34 | |
Well, the cash in hand after two days of selling was £298.83. | 0:39:34 | 0:39:40 | |
And the value of your remaining stock was £251.43. | 0:39:40 | 0:39:45 | |
Which meant your total assets, £550.26. | 0:39:45 | 0:39:50 | |
OK. | 0:39:50 | 0:39:51 | |
Nick, the same for Team Evolve. | 0:39:51 | 0:39:54 | |
Team Evolve has cash in hand of £393.50. | 0:39:54 | 0:39:59 | |
Remaining stock totals | 0:39:59 | 0:40:01 | |
£415.55, | 0:40:01 | 0:40:03 | |
-so total assets £809.05. -All right. | 0:40:03 | 0:40:08 | |
Good, good. | 0:40:08 | 0:40:11 | |
-Girl win! -Finally, the girls win. | 0:40:11 | 0:40:14 | |
Very well done on this task. Now your treat this week, | 0:40:14 | 0:40:19 | |
you've been out dealing in pop-up shops, so I'm going to send you | 0:40:19 | 0:40:23 | |
to a unique pop-up restaurant called The Cube. | 0:40:23 | 0:40:26 | |
You're going to be fed by a famous Michelin-starred chef. | 0:40:26 | 0:40:30 | |
-So very well done. Off you go. -Thank you very much. | 0:40:30 | 0:40:35 | |
Thank you for all your support. | 0:40:42 | 0:40:44 | |
I knew we'd win. | 0:40:44 | 0:40:46 | |
Well, gentlemen, clearly beaten there by a much better team. | 0:40:48 | 0:40:53 | |
Obviously, we'll go into this a little bit more. Off you go and have a chat. I'll see you shortly. | 0:40:53 | 0:40:59 | |
The fact was, from the start there was zero strategy. You went out and spent £110 on three items. | 0:41:11 | 0:41:19 | |
-One was terrible. -Our best sellers. | 0:41:19 | 0:41:22 | |
I don't think we lost this task on my project management being wrong. | 0:41:22 | 0:41:26 | |
Jordan is responsible for some of the errors. | 0:41:26 | 0:41:29 | |
-In all honesty, the stuff that came back in terms of price point, it was impossible to sell. -If you say so. | 0:41:29 | 0:41:36 | |
The vase we thought could win it. It didn't. | 0:41:36 | 0:41:39 | |
-Would you rather I came back with nothing? -I'd have looked at what else was there. -Are you saying I didn't? | 0:41:39 | 0:41:47 | |
-I don't know. -You think I'm an idiot? -Jordan, I never said that... | 0:41:47 | 0:41:53 | |
You guys bottled it when I returned and said, "We can't sell this stuff." | 0:41:53 | 0:41:57 | |
It's laughable that they try to make out the task failed because of me. | 0:41:57 | 0:42:02 | |
It makes them sound stupid. | 0:42:02 | 0:42:04 | |
Oh...wow. | 0:42:08 | 0:42:10 | |
-Thank you. -Cheers, girls. | 0:42:10 | 0:42:13 | |
Amazing win. Well done. I'm pleased that we're standing here and not in that boardroom. | 0:42:13 | 0:42:19 | |
Maybe we should start up our own business! | 0:42:19 | 0:42:22 | |
You know what? I felt as PM you were both behind me and we worked so well together. | 0:42:23 | 0:42:31 | |
-The determination to win was so strong. -Know what's amazing? The final five and three are women. | 0:42:31 | 0:42:38 | |
Cheers. | 0:42:38 | 0:42:40 | |
-Can you send the three of them in, please? -Yes, Lord Sugar. ..You can go through to the boardroom now. | 0:42:52 | 0:42:59 | |
Well, gentlemen. | 0:43:10 | 0:43:12 | |
This task was designed to flush out skills, OK? | 0:43:12 | 0:43:17 | |
You ended up with 16 pretty high price items on your stall. OK? Now... | 0:43:17 | 0:43:22 | |
I'll tell you what that tells me. You have no clue about retailing. | 0:43:22 | 0:43:26 | |
-Retailing? Or markets? -Retailing or market! | 0:43:26 | 0:43:30 | |
At least Luisa, and she's got her faults, trust me, | 0:43:30 | 0:43:34 | |
she jumped straight on it, she made sure she had a real mug's eyeful of stuff on that stall. | 0:43:34 | 0:43:40 | |
It looked a busy place, a busy environment. | 0:43:40 | 0:43:44 | |
Surely you must have been embarrassed. | 0:43:44 | 0:43:47 | |
-Yeah, in terms of how it looked, we were. -Did you like the products? | 0:43:47 | 0:43:52 | |
-I liked them. -I thought the notebook was good. It was our best seller. | 0:43:52 | 0:43:57 | |
In terms of the glove, probably not. | 0:43:57 | 0:44:00 | |
Let's go on to the rest of the ceramic stuff. What was the thinking? | 0:44:00 | 0:44:04 | |
We didn't have an idea of what was selling. We maybe needed to go to a couple of high-ticket items | 0:44:04 | 0:44:10 | |
-and try to make a massive margin to win. -Hold on. Let me get this right. | 0:44:10 | 0:44:15 | |
-This task was all about smell what you sell. -Yeah. | 0:44:15 | 0:44:20 | |
So, you know, it seems to me you all had blocked noses. You should have got Vick inhalers. | 0:44:20 | 0:44:26 | |
-You know seeing is believing. -Yeah. | 0:44:26 | 0:44:30 | |
Recommended retail price - | 0:44:31 | 0:44:33 | |
190. | 0:44:33 | 0:44:36 | |
Wha-wha-wha... What is this? | 0:44:37 | 0:44:40 | |
It's a vase, Lord Sugar. A very unique, hand-made vase. | 0:44:40 | 0:44:44 | |
I give you 150 quid and I tell you to grow that into assets quickly. | 0:44:44 | 0:44:49 | |
I don't say you've got a week or a month or a year to enhance artistic followers. | 0:44:49 | 0:44:55 | |
And you go out and buy this? 70 quid? | 0:44:55 | 0:44:59 | |
If you put a single flower on that and put it on Reception, people would comment... | 0:44:59 | 0:45:04 | |
Yes, I'm sure some arty-farty bloody advertising agency would buy it if they saw it in a store. | 0:45:04 | 0:45:10 | |
- You're in a converted container! - In the coolest part of London! | 0:45:10 | 0:45:15 | |
-But you couldn't sell it. -No, I didn't. | 0:45:15 | 0:45:18 | |
I stand by the product. If that means my head is... | 0:45:18 | 0:45:23 | |
That tells me something about you on this particular task. | 0:45:23 | 0:45:27 | |
Myles, a good businessman manages his troops. OK? | 0:45:29 | 0:45:34 | |
Given that I criticise him badly over this stupid vase, | 0:45:34 | 0:45:39 | |
you should have been thinking about "safe stuff that I can sell in the next couple of days". | 0:45:39 | 0:45:45 | |
We went to the wrong supplier. We needed a far bigger range. | 0:45:45 | 0:45:49 | |
-So that wasn't him. That was you. -That was all of us. | 0:45:49 | 0:45:53 | |
You set the stall out, to use a pun. The merchandise you should have bought should have been more regular, | 0:45:53 | 0:45:59 | |
not wacky stuff like that. That thing there was always going to be a casino move. | 0:45:59 | 0:46:05 | |
Myles, I'm not sure whether you got the plot here about this particular task. | 0:46:06 | 0:46:12 | |
Neil and I were spending our entire time selling on the stand. It's not The Three Stooges here. | 0:46:12 | 0:46:18 | |
-Jordan is an intelligent person. -So it's his discretion? | 0:46:18 | 0:46:22 | |
-Yes. The products... -So he's damned if he does, damned if he doesn't. | 0:46:22 | 0:46:27 | |
-- Is that right? -No. -- Exactly. | 0:46:27 | 0:46:30 | |
If he had bought 10p items that sold for £100, it would be your idea. | 0:46:30 | 0:46:34 | |
-Exactly. -He's coming back with products that were unsellable. | 0:46:34 | 0:46:39 | |
They're not unsellable, Myles. You're embarrassing yourself. "They were unsellable." | 0:46:39 | 0:46:44 | |
-To say it's unsellable makes you look bad. -No, Jordan, it doesn't. | 0:46:44 | 0:46:49 | |
What's bad is you still saying you like that vase. | 0:46:49 | 0:46:53 | |
So summarise for me, Jordan, if someone's responsible for failing this task, who is it? | 0:46:53 | 0:47:00 | |
I'm afraid this particular task is Myles's responsibility. | 0:47:00 | 0:47:04 | |
-What do you think, Neil? -I will agree to a certain degree with Jordan | 0:47:04 | 0:47:08 | |
that Myles was indecisive at times and maybe the pressure as PM did get to him, | 0:47:08 | 0:47:14 | |
but Jordan's got a lot of responsibility because most of the products selected were by Jordan. | 0:47:14 | 0:47:20 | |
So how come on this particular task that you're exonerating yourself from any blame for the failure? | 0:47:20 | 0:47:28 | |
I'm not taking away anything in terms of blame. I was involved in product selection on day one. | 0:47:28 | 0:47:34 | |
But I would also say £470 of sales delivered a good result and that's why I believe I should stay. | 0:47:34 | 0:47:41 | |
All right, well listen. I think we've thrashed this task to death at the moment. | 0:47:43 | 0:47:49 | |
So what I'd like you to do is step outside once again | 0:47:49 | 0:47:53 | |
and I'm going to have a discussion with Karren and Nick | 0:47:53 | 0:47:58 | |
and then we'll come back in here and I'll decide which one of you is leaving the process today. OK? | 0:47:58 | 0:48:05 | |
Yes, difficult, really, to try to get an understanding of what went on. Myles, | 0:48:13 | 0:48:19 | |
who I gave a warning to last week, seems to be totally clueless as far as what the plot was on this task. | 0:48:19 | 0:48:27 | |
Neil, of course, is doing what Neil normally does and that's, "I've sold the most | 0:48:27 | 0:48:32 | |
"and I'm a good boy. I did what I was told to do." | 0:48:32 | 0:48:36 | |
Jordan has to take responsibility. Twice he had an opportunity to buy stock | 0:48:36 | 0:48:42 | |
-and twice he bought the wrong products. In Shoreditch? Forget it. -They were rolling the dice. | 0:48:42 | 0:48:48 | |
They should have bought safe products. This wasn't a safe product. | 0:48:48 | 0:48:54 | |
TELEPHONE RINGS | 0:48:54 | 0:48:56 | |
-Send the three of them in, please. -Yes, Lord Sugar. | 0:48:56 | 0:49:00 | |
Lord Sugar will see you now. | 0:49:02 | 0:49:05 | |
Myles, this task, I'm not sure you got it. I'm really not sure you got it as the project manager. | 0:49:12 | 0:49:20 | |
What is your forte, do you think? What actually have you been doing for the past 20 years? | 0:49:20 | 0:49:26 | |
Em, I would say selling to a luxury client base. | 0:49:26 | 0:49:30 | |
I started off in Formula 1 sponsorship acquisition. I then switched sides | 0:49:30 | 0:49:35 | |
and created my own event, one of the largest brands in Formula 1. | 0:49:35 | 0:49:39 | |
What do you want to come into business with me for if you've got all these connections? | 0:49:39 | 0:49:45 | |
I'm at a place where I have a luxury brands marketing agency... | 0:49:45 | 0:49:49 | |
A luxury brands marketing agency? I'm trying to get my head round what that's going to be. | 0:49:49 | 0:49:55 | |
-We do brochures and that kind of stuff for luxury products. -It sounds lucrative. Why not still do it? | 0:49:55 | 0:50:03 | |
We're paid agency commissions. It's not huge margins for me. | 0:50:03 | 0:50:07 | |
My business idea is to take that into the digital environment. | 0:50:07 | 0:50:11 | |
-I don't have the capital to start it and I really want to prove to Lord Sugar that I'm the right... -Neil, | 0:50:11 | 0:50:18 | |
-can I ask you a question? Are you a one-trick pony? -My main skill lies in sales. | 0:50:18 | 0:50:23 | |
But I've proven myself throughout the ten tasks. Project manager three times, | 0:50:23 | 0:50:28 | |
stepped out of my comfort zone, had a record-breaking task and proved I can do different things - | 0:50:28 | 0:50:34 | |
-innovation, creation, operational. -Whoa, whoa, whoa, whoa. | 0:50:34 | 0:50:39 | |
- Hold on a minute. Innovation, creation and what? - Operations. | 0:50:39 | 0:50:44 | |
-That's what I do in my job. -If you talk long enough, you'll convince yourself. | 0:50:44 | 0:50:50 | |
Neil, why should you stay? | 0:50:50 | 0:50:52 | |
-I believe I've got a business plan that will bring a fruitful return. -What is it? | 0:50:52 | 0:50:57 | |
An online estate agency that I've researched for a year and a half. | 0:50:57 | 0:51:01 | |
The competitor I'm going up against made £80 million profit last year. I can compete with that and also... | 0:51:01 | 0:51:09 | |
-It'll have to be a bloody good plan. -I take that on board, but I will be the perfect partner for you. | 0:51:09 | 0:51:15 | |
Jordan, why should you remain in this process? | 0:51:15 | 0:51:18 | |
I should remain because I am the best person in this process. | 0:51:18 | 0:51:22 | |
My business plan is phenomenal. | 0:51:22 | 0:51:25 | |
- What is it? - An online platform that allows hobbyists, like the three of us, | 0:51:25 | 0:51:30 | |
and brands to create games for mobiles. These software companies, | 0:51:30 | 0:51:35 | |
- they have the geeky guy who makes the software. Not business people. - Excuse me, excuse me. | 0:51:35 | 0:51:41 | |
Before you were born, young man, I was employing software engineers. | 0:51:41 | 0:51:46 | |
- Absolutely. - I know what they do. | 0:51:46 | 0:51:48 | |
- I don't need a lecture from you. - I'm just defending myself, Lord Sugar. | 0:51:48 | 0:51:54 | |
-I'm not the software engineer. There's another person... -So there's three of you in this partnership? | 0:51:54 | 0:51:59 | |
- Yes. - Really? | 0:51:59 | 0:52:02 | |
- How does that all split up? - Obviously, if and when an investment is made, | 0:52:02 | 0:52:08 | |
those discussions happen. | 0:52:08 | 0:52:11 | |
- What discussions? - Discussions about percentages and how it is split. | 0:52:11 | 0:52:16 | |
No discussion here, mate. The proposal has always been that I set up a business with the winner | 0:52:16 | 0:52:22 | |
and we get 50/50 shares. | 0:52:22 | 0:52:24 | |
Understood. But I'd be lying if I said I was a software engineer who could do this alone. | 0:52:24 | 0:52:30 | |
If you and I were to go into business, we as a pair would decide who else would be part of it. | 0:52:30 | 0:52:35 | |
No, no, you're saying it again. The only other person that goes into this business is an employee. | 0:52:35 | 0:52:42 | |
- Nothing else. - Would you rather I screw him over? | 0:52:42 | 0:52:47 | |
That's your problem. | 0:52:47 | 0:52:49 | |
- It's up to ME to look after them. - That's your problem. It's not my problem. | 0:52:49 | 0:52:54 | |
You've got the choice between a sales person running a website, a luxury brands person with a digital agency | 0:52:56 | 0:53:02 | |
or my tech start-up. I'm a safer investment. | 0:53:02 | 0:53:06 | |
Safer investment?! What bleeding world do you live in? | 0:53:06 | 0:53:10 | |
It's like you saying you think that bloody vase was a good product. A safer investment?! | 0:53:10 | 0:53:15 | |
- A tech start business? - Let me explain myself... | 0:53:15 | 0:53:19 | |
They're the most risky bloody investments on this planet! | 0:53:19 | 0:53:24 | |
Jordan, you know, I've been around a long time, as you know, in business. | 0:53:24 | 0:53:31 | |
I've been in a lot of technology businesses. | 0:53:31 | 0:53:36 | |
- And I'm not too clear on what you're talking about. - Lord Sugar... | 0:53:36 | 0:53:41 | |
I don't want to hear any more. | 0:53:41 | 0:53:44 | |
Neil, | 0:53:44 | 0:53:46 | |
you're certainly very self-complimentary about all the things you have done. | 0:53:46 | 0:53:52 | |
It's that determination, maybe, that makes you admirable, but... | 0:53:52 | 0:53:58 | |
I do have this concern that your limitation is to sales. | 0:53:58 | 0:54:03 | |
Myles, I don't know whether your past history is really up my alley and the kind of business I want, | 0:54:09 | 0:54:17 | |
to be honest. Marketing, you know, expensive brands and all this stuff. We are in a recession, | 0:54:17 | 0:54:23 | |
in a world recession. I'm not sure whether that's the kind of business I want to be in. | 0:54:23 | 0:54:30 | |
I've got to make a very serious decision here. | 0:54:30 | 0:54:35 | |
It is my money in the end, my investment. | 0:54:37 | 0:54:41 | |
And I need to be clear who I'm investing with. | 0:54:41 | 0:54:46 | |
And so, Jordan... | 0:54:48 | 0:54:51 | |
I haven't got a bloody clue what you are talking about. | 0:55:02 | 0:55:06 | |
- Can I have one more chance... - No. I don't want to hear any more. | 0:55:06 | 0:55:11 | |
But I want to think about this a little bit longer. | 0:55:13 | 0:55:17 | |
OK? Myles... | 0:55:17 | 0:55:21 | |
I'm not sure what your expertise is. | 0:55:21 | 0:55:23 | |
And this is simply from a gut feeling. I'm not sure in you, either. | 0:55:24 | 0:55:29 | |
And for that reason I have to say that, Myles, you're fired. | 0:55:29 | 0:55:34 | |
Thank you very much, guys. I've learned a lot. Thank you. | 0:55:34 | 0:55:38 | |
Jordan, I will get to the bottom of this. | 0:55:51 | 0:55:54 | |
Go back to the house. | 0:55:54 | 0:55:57 | |
I'm definitely disappointed, but I think the standard is high. | 0:56:20 | 0:56:25 | |
Lord Sugar saw something more in the other two than he did in me. | 0:56:25 | 0:56:29 | |
So I'm philosophical. Take that on the chin and crack on. | 0:56:29 | 0:56:33 | |
I think Neil and Jordan are coming back. | 0:56:33 | 0:56:37 | |
I think Jordan may struggle. | 0:56:37 | 0:56:39 | |
They went for totally the wrong market. I don't know what they were thinking. | 0:56:42 | 0:56:48 | |
Yay! | 0:56:48 | 0:56:49 | |
Oh, well done! | 0:56:49 | 0:56:51 | |
Oh, that was... That was very intense. | 0:56:51 | 0:56:54 | |
-What happened? -Oh, it was carnage. -Was it? | 0:56:54 | 0:56:58 | |
- We thought it might be fisticuffs. - No, not on each other. Lord Sugar pushed us, like, to the edge. | 0:56:58 | 0:57:05 | |
-I could have puked at any moment! -Really?! | 0:57:05 | 0:57:09 | |
So intense. You're stood at the gates of Hell and the Devil says, "Sing." | 0:57:09 | 0:57:14 | |
- Sing for your supper. - Literally. | 0:57:14 | 0:57:16 | |
-So, final five. Three girls, two boys. -Bring it on. | 0:57:16 | 0:57:20 | |
Now just five remain. | 0:57:22 | 0:57:25 | |
Lord Sugar's search for his next business partner continues. | 0:57:25 | 0:57:30 | |
-Next time: -I'm going to put you in front of four of my very trusted advisers. | 0:57:31 | 0:57:39 | |
-Lord Sugar calls in his big guns. -A true warrior wants a good fight. | 0:57:39 | 0:57:44 | |
-I think you're in trouble. -Absolutely not. | 0:57:44 | 0:57:47 | |
-You've got no chance. -I have. -You don't. -I have. | 0:57:47 | 0:57:50 | |
The more I think about it, the worse it was! | 0:57:50 | 0:57:53 | |
You're a parasite. | 0:57:53 | 0:57:56 | |
-The final five... -Cut the crap here. -..become two. -You're fired. | 0:57:56 | 0:58:01 | |
Subtitles by Red Bee Media Ltd | 0:58:12 | 0:58:15 |