I watch BBC programme "Dragon's Den" and love watching the enterprenuers pitching their business ideas for getting investment.
The dragon's (investors) look for following qualities in the business that they want to invest.
- Background and personality of the enterprenuer
- Product and product range whether they are unique
- Whether the products have patent protection
- Whether the business volume driven
- Business plan and a good valuation
Dragon's business advice "For making millions". Source Dragon's Den website.
Peter Jones
Always be confident, believe in what you are doing and don't waver. You won't persuade other people to believe in you if you don't believe in yourself.
Deborah Meaden
Being a millionaire is not a career. It is something that happens because you do something of value that enough people want to pay for.
For you to become a millionaire you simply need to provide a product or service to a large enough market, at a viable price – that's it!
Duncan Bannatyne
Read my autobiography: 'Anyone Can Do It'.
Hilary Devey
Don't chase money, it runs away.
Theo Paphitis
Look for business opportunities with scale, as there must be potential to grow.
Make your first £100,000, knowing the rest will be far easier.
Always keep your feet on the ground.
Perseverance is the key for any business to grow. Watch Dragon's Den on BBC and get the feel of it.
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