Latest / The Empire of Wealth / 20 Entrepreneurs vs 1 Millionaire Investor

Transcript

20 Entrepreneurs vs 1 Millionaire Investor · The Empire of Wealth

• 0:00
  Speaker 1: The first three people behind me to sell this pen
• 0:02
  Speaker 1: for a pound are going to be in a chance
• 0:04
  Speaker 1: to win $ 10, 000.
• 0:05
  Speaker 2: Go.
• 0:06
  Speaker 1: Today, 20 dreamers are battling it out to win $ 10, 000
• 0:10
  Speaker 1: worth of investment. There are three rounds. In each round,
• 0:13
  Speaker 1: more dreamers are eliminated until just one remains.
• 0:16
  Speaker 3: Let's do this. Who here wants $ 10, 000 to make their
• 0:18
  Speaker 3: dream a reality?
• 0:21
  Speaker 1: In the first round, I'll be listening to 20 quickfire
• 0:23
  Speaker 1: pitches and eliminating 10 of them. Let me know in
• 0:25
  Speaker 1: the comments who you would have selected.
• 0:27
  Speaker 3: Come tell me your dream.
• 0:28
  Speaker 4: Okay, hi Simon.
• 0:29
  Speaker 3: My name is Rachel.
• 0:30
  Speaker 5: My dream is to stop young children that are mixed
• 0:32
  Speaker 5: race with curly hair from growing up and hating their hair.
• 0:36
  Speaker 2: You're in.
• 0:36
  Speaker 4: Hi Simon.
• 0:36
  Speaker 3: What's your dream?
• 0:37
  Speaker 2: My dream is to break the cycle of fatherless homes.
• 0:40
  Speaker 2: I want to help other fathers and children have a
• 0:42
  Speaker 2: good relationship together. You're in. Thank you.
• 0:45
  Speaker 4: Amazing.
• 0:45
  Speaker 3: What's your dream?
• 0:46
  Speaker 6: My dream is to abolish the housing crisis that's currently
• 0:49
  Speaker 6: going on. Companies like BlackRock and the government are boosting
• 0:51
  Speaker 6: up rental prices.
• 0:52
  Speaker 3: She got me on BlackRock, you're free.
• 0:53
  Speaker 4: Thanks so much.
• 0:54
  Speaker 3: What's your dream?
• 0:55
  Speaker 5: I'm creating a social media platform called Crevelo, which aims
• 0:58
  Speaker 5: to empower creatives to collaborate, connect.
• 1:01
  Speaker 4: Sorry, no. No.
• 1:02
  Speaker 3: What's your dream?
• 1:03
  Speaker 1: So my business at the moment is I help women
• 1:06
  Speaker 1: with their exercise, nutrition and their mindset.
• 1:09
  Speaker 3: To help them transform their lives. This is really hard,
• 1:11
  Speaker 3: but no. I struggled with this one. She's clearly trying
• 1:13
  Speaker 3: to help people.
• 1:14
  Speaker 1: Let me know in the comments whether you would have
• 1:16
  Speaker 1: said yes to her.
• 1:17
  Speaker 3: What's your dream? I want to basically create a platform
• 1:19
  Speaker 3: for marathon runners.
• 1:20
  Speaker 1: I saw an opportunity to allow people to create bespoke
• 1:23
  Speaker 1: custom stickers, flags.
• 1:25
  Speaker 4: No.
• 1:25
  Speaker 1: I hate saying no to people, but I know that
• 1:28
  Speaker 1: all of these dreamers will make it happen regardless of
• 1:30
  Speaker 1: the outcome today.
• 1:31
  Speaker 3: What's your dream? My dream is to start a perfume
• 1:33
  Speaker 3: line centered around saffron.
• 1:34
  Speaker 1: I want to showcase my culture and show that Iran
• 1:37
  Speaker 1: is more than just what's... represented in the region.
• 1:40
  Speaker 3: What's your dream?
• 1:41
  Speaker 6: My dream is to build a community of accessible energy.
• 1:45
  Speaker 6: I wanted to develop something that is in the hands
• 1:48
  Speaker 6: of the community and helping people.
• 1:50
  Speaker 3: Yes. What's your dream?
• 1:52
  Speaker 6: We've tried every protein supplement out there and we've realised
• 1:54
  Speaker 6: how much rubbish is in a lot of them.
• 1:56
  Speaker 4: This is where the idea of Sweet Life was born.
• 2:00
  Speaker 2: For those who want to nourish their body and enjoy
• 2:02
  Speaker 2: a sweet treat, welcome to Sweet Life.
• 2:04
  Speaker 4: Yes.
• 2:05
  Speaker 1: We're halfway through the first challenge but only four of
• 2:08
  Speaker 1: the ten spots remain. Who will make it to the
• 2:10
  Speaker 1: second part of the process?
• 2:11
  Speaker 3: What's your dream?
• 2:12
  Speaker 1: Hi Simon, I'm Jamie, I'm 38 years old and my
• 2:14
  Speaker 1: dream is to help people to show love and I
• 2:16
  Speaker 1: want your help to help me do that.
• 2:18
  Speaker 4: No.
• 2:18
  Speaker 3: What's your dream?
• 2:19
  Speaker 6: My dream is to help young people unlearn all the
• 2:22
  Speaker 6: rubbish that we've been taught.
• 2:24
  Speaker 4: No. Thank you.
• 2:26
  Speaker 3: What's your dream?
• 2:27
  Speaker 1: My dream is to design and produce work that is
• 2:30
  Speaker 1: tailored to female physique.
• 2:32
  Speaker 3: This is so hard.
• 2:33
  Speaker 6: Yeah.
• 2:34
  Speaker 3: No.
• 2:35
  Speaker 1: This one was tough. I could see the passion in
• 2:37
  Speaker 1: her eyes, but I had to be brutal.
• 2:38
  Speaker 3: What's your dream?
• 2:39
  Speaker 2: My plan is to become a YouTuber.
• 2:41
  Speaker 4: I like to do different cultures, different type of food.
• 2:44
  Speaker 2: That's my plan.
• 2:45
  Speaker 4: Thank you, Simon.
• 2:47
  Speaker 3: What's your dream?
• 2:47
  Speaker 2: My name's Ben. My dream is to change the way
• 2:49
  Speaker 2: ADHD in universities is approached in the UK.
• 2:51
  Speaker 5: Yes.
• 2:52
  Speaker 1: Just two pens remain, but there's still five dreamers left.
• 2:55
  Speaker 1: I know this is going to be tough.
• 2:56
  Speaker 3: What's your dream?
• 2:57
  Speaker 4: Hi, Simon.
• 2:58
  Speaker 1: My dream is to make people smile more, laugh more,
• 3:01
  Speaker 1: and have better days.
• 3:03
  Speaker 3: Through the power of sketch comedy?
• 3:05
  Speaker 4: No.
• 3:07
  Speaker 3: What's your dream?
• 3:07
  Speaker 4: My dream is to just start making short films one day.
• 3:10
  Speaker 6: And I've got some plans, but some investing might help
• 3:13
  Speaker 6: to get better equipment.
• 3:15
  Speaker 4: No.
• 3:16
  Speaker 1: Saying no to someone with a dream who's so young
• 3:18
  Speaker 1: is no easy task. Would you have said yes to him?
• 3:20
  Speaker 3: What's your dream? So my name is Ben. I'm the
• 3:22
  Speaker 3: founder of Tiki Taka Tours.
• 3:24
  Speaker 1: And my goal is to make it the go-to platform
• 3:26
  Speaker 1: for football package holidays with short side amateur players.
• 3:29
  Speaker 4: No. But.
• 3:31
  Speaker 3: I do know someone who can help you with this.
• 3:32
  Speaker 3: I'm going to introduce them to you. What's your dream?
• 3:35
  Speaker 4: My dream is to help creatives pursue their creative passion
• 3:39
  Speaker 4: and skill and autonomy for a full-time career.
• 3:40
  Speaker 3: Yes. What's your dream?
• 3:42
  Speaker 6: I make educational music for children.
• 3:46
  Speaker 5: My next series is called Tiny Little Mentors.
• 3:49
  Speaker 3: So we've got one left.
• 3:50
  Speaker 6: Yes.
• 3:51
  Speaker 3: Do you want it or should I give it to
• 3:52
  Speaker 3: the guy behind you?
• 3:53
  Speaker 4: You can give it to him.
• 3:55
  Speaker 3: That's fine. Come and tell me your dream. What's your dream?
• 3:58
  Speaker 4: I want to end the doom scouring epidemic.
• 4:01
  Speaker 1: So I've actually built an app called Touch Grass, and
• 4:03
  Speaker 1: it stops you from doom scrolling, blocks your apps until
• 4:05
  Speaker 1: you literally touch grass.
• 4:06
  Speaker 3: So if I give you the pass to go through,
• 4:08
  Speaker 3: do you want to give it to her or do
• 4:09
  Speaker 3: you want to go through? I think being a young
• 4:11
  Speaker 3: mum and everything, we'd have to give it to her, honestly.
• 4:14
  Speaker 4: Well, I will.
• 4:15
  Speaker 3: You both go through.
• 4:16
  Speaker 4: Okay.
• 4:16
  Speaker 3: Both go through. Come on, we'll make this work.
• 4:19
  Speaker 4: Thank you very much.
• 4:19
  Speaker 1: So 20 Dreamers became 11, and it was now time
• 4:22
  Speaker 1: for the second challenge of the day. The first three
• 4:24
  Speaker 1: people behind me to sell this pen for a pound
• 4:27
  Speaker 1: are going to be in a chance to win US $ 10, 000.
• 4:29
  Speaker 3: You all have a pen in your hand.
• 4:31
  Speaker 1: The first three people to sell this pen for one
• 4:36
  Speaker 1: pound and come back to this spot and give me
• 4:39
  Speaker 1: the pound will go through to the next round.
• 4:42
  Speaker 3: Go.
• 4:42
  Speaker 5: Hello guys, beautiful people.
• 4:51
  Speaker 4: Can I sell you this pen for one pound? Have
• 4:53
  Speaker 4: you got a pound by any chance?
• 4:54
  Speaker 6: Sorry man, you don't have a pound by any chance
• 4:56
  Speaker 6: do you?
• 4:56
  Speaker 2: Have you got a pound?
• 4:57
  Speaker 3: Have you got a pound?
• 4:58
  Speaker 2: I've got a winner challenge. Has anyone got a coin?
• 5:00
  Speaker 4: Oh no.
• 5:02
  Speaker 2: Excuse me, has anyone got a pound? Have you got
• 5:03
  Speaker 2: a pound? Have you got a pound? I'm trying to
• 5:05
  Speaker 2: sell this pen, right? I will break that.
• 5:07
  Speaker 4: I'll do anything. Oh, yeah.
• 5:09
  Speaker 2: Oh, yeah.
• 5:09
  Speaker 4: Oh, yeah.
• 5:11
  Speaker 2: No pound, no pound.
• 5:12
  Speaker 4: Thank you anyway, though. It's a rollable pen. No, thanks.
• 5:15
  Speaker 4: All right. You don't have a pound?
• 5:16
  Speaker 2: Go to the next person.
• 5:18
  Speaker 4: I can't move it.
• 5:20
  Speaker 5: No?
• 5:20
  Speaker 6: I guess I have to give you the pen back.
• 5:22
  Speaker 2: No way.
• 5:23
  Speaker 4: Oh. Oh, no. Do you want my pen?
• 5:27
  Speaker 2: Yes.
• 5:28
  Speaker 1: Two of the dreamers sold their pens pretty much instantly,
• 5:31
  Speaker 1: meaning there was one final slot up for grabs.
• 5:33
  Speaker 4: Oh, man, amazing. Thank you so much.
• 5:35
  Speaker 2: Thank you so much.
• 5:37
  Speaker 4: I love you, man!
• 5:39
  Speaker 2: Thank you very much. I'm done!
• 6:03
  Speaker 1: This was an intense challenge but selling is an essential
• 6:05
  Speaker 1: skill for business success and everyone can learn it.
• 6:08
  Speaker 3: So the three people that are through step forward.
• 6:12
  Speaker 1: Wow okay okay there was another two people that did
• 6:16
  Speaker 1: something special. When you set a task, or you set
• 6:19
  Speaker 1: a task for yourself, always try to exceed your expectations.
• 6:23
  Speaker 1: So two people didn't bring me back a pound. Two people,
• 6:26
  Speaker 1: one brought one pound 50 back, that's you, you're through.
• 6:29
  Speaker 1: And you brought back five pounds, you're through. Always try
• 6:32
  Speaker 1: to exceed expectations.
• 6:34
  Speaker 3: You're through, come through.
• 6:36
  Speaker 1: The next round is about you pitching your dream in
• 6:40
  Speaker 1: five minutes and convincing me it's you that should get
• 6:44
  Speaker 1: this money and our help. I've got a surprise for
• 6:46
  Speaker 1: you before you pitch. I managed to convince Sarah Willingham
• 6:50
  Speaker 1: to join us.
• 6:50
  Speaker 3: Come and say hello.
• 6:54
  Speaker 1: Sarah has invested in a lot of businesses. She loves
• 6:57
  Speaker 1: helping people's dreams come true, but she's no fool. So
• 7:01
  Speaker 1: today we're gonna grill you. Your idea, can you really
• 7:05
  Speaker 1: make it happen even if we give this money to you?
• 7:07
  Speaker 1: Before we got started, I wanted to ask one last question.
• 7:10
  Speaker 3: If it's really money you need, stay.
• 7:12
  Speaker 1: But if you don't need this money, and you perhaps
• 7:14
  Speaker 1: think one of your fellow dreamers needs it more, walk away.
• 7:22
  Speaker 3: All right, let's go.
• 7:23
  Speaker 1: So 11 dreamers became five, and it was now time
• 7:25
  Speaker 1: for the final challenge of the day. Who can hold
• 7:27
  Speaker 1: their nerve under pressure from two business tycoons?
• 7:30
  Speaker 3: If we give you the $ 10, 000, what are you going
• 7:32
  Speaker 3: to spend it on?
• 7:33
  Speaker 4: We want to create the best product and put it
• 7:35
  Speaker 4: on the shelves.
• 7:36
  Speaker 2: Firstly, it's launching the company and setting it up.
• 7:39
  Speaker 4: I need a mic.
• 7:40
  Speaker 2: Some sort of music software.
• 7:41
  Speaker 6: We'd set up the company, register it. and host a
• 7:44
  Speaker 6: property event.
• 7:44
  Speaker 5: How much is it going to take from conception to
• 7:48
  Speaker 5: being on the shelf?
• 7:49
  Speaker 4: Well, we don't know, but 10,000 would be a start.
• 7:51
  Speaker 1: No, you've got to know. This I don't know thing
• 7:53
  Speaker 1: is dangerous. How are you going to make money?
• 7:55
  Speaker 2: Through sponsorship.
• 7:55
  Speaker 3: So who's going to sponsor you?
• 7:56
  Speaker 2: Running brands.
• 7:57
  Speaker 3: Which one? Nike. They sponsored the Olympics. Why are they
• 7:59
  Speaker 3: going to sponsor you?
• 8:00
  Speaker 2: Because my story matters.
• 8:02
  Speaker 5: How are you going to make money out of that?
• 8:03
  Speaker 4: I haven't exactly thought through how I would make money
• 8:05
  Speaker 4: through the community.
• 8:06
  Speaker 3: How many followers on your family channel?
• 8:10
  Speaker 4: 176.
• 8:10
  Speaker 1: 176 subscribers. It's not even monetised yet.
• 8:13
  Speaker 5: At what point are we going to be able to
• 8:15
  Speaker 5: walk into a shop and go, that was as a
• 8:18
  Speaker 5: result of the conversation that we stood and had.
• 8:20
  Speaker 4: Honestly, tomorrow.
• 8:21
  Speaker 3: That is a lie. Don't lie.
• 8:24
  Speaker 1: You cannot do it by tomorrow. We'd rather hear an
• 8:26
  Speaker 1: honest answer. I think there's something wrong because sending an
• 8:28
  Speaker 1: email can be done at lunchtime.
• 8:30
  Speaker 2: I've sent emails.
• 8:31
  Speaker 3: But who said yes then?
• 8:32
  Speaker 2: Nobody yet.
• 8:32
  Speaker 4: Why?
• 8:33
  Speaker 2: Maybe my packaging's not right.
• 8:34
  Speaker 3: But what's wrong with the packaging then? How do you
• 8:36
  Speaker 3: make money now?
• 8:36
  Speaker 4: That's the thing. I'm not making much money now.
• 8:38
  Speaker 1: I'd rather you came and said, we know it costs £ 26, 000
• 8:42
  Speaker 1: to make this prototype. We know because we've spoken to
• 8:44
  Speaker 1: Whole Foods. You could have researched this before you even
• 8:46
  Speaker 1: came here today.
• 8:47
  Speaker 4: Right, I don't get it.
• 8:48
  Speaker 6: Okay.
• 8:49
  Speaker 3: It's a yes or no answer.
• 8:50
  Speaker 5: Why do you need the $ 10, 000?
• 8:52
  Speaker 4: I don't think I need exactly 10K.
• 8:54
  Speaker 1: It's $ 10, 000. I'm scared to give it to you because
• 8:56
  Speaker 1: I think it's going to hurt you.
• 8:57
  Speaker 5: What would you do with a million dollars?
• 8:59
  Speaker 6: It would be to potentially buy some of the property,
• 9:00
  Speaker 6: to set up a management company, to register it, get
• 9:02
  Speaker 6: the legals.
• 9:03
  Speaker 1: A million dollars isn't going to go far with that, though.
• 9:04
  Speaker 1: That's a pretty crazy shopping list you just did there.
• 9:06
  Speaker 1: You don't need the $ 10, 000.
• 9:07
  Speaker 2: I do, but I would share it to help others.
• 9:10
  Speaker 3: So you're saying two is enough?
• 9:11
  Speaker 4: With two, I think I could... It could really help.
• 9:14
  Speaker 1: The interviews were over. It was now time for Sarah
• 9:16
  Speaker 1: and I to make the final decision. Who should get
• 9:18
  Speaker 1: the $ 10, 000? We're going to make a decision.
• 9:20
  Speaker 3: It's tough.
• 9:21
  Speaker 5: There is not a standout winner for me at all.
• 9:23
  Speaker 3: We have to pick one winner. So let's go tell them.
• 9:28
  Speaker 5: So before Simon actually announces the winner, I just want
• 9:32
  Speaker 5: to say what was so interesting today is that we
• 9:34
  Speaker 5: all realised that actually none of you need the money
• 9:37
  Speaker 5: to get going on your businesses. You actually just need
• 9:40
  Speaker 5: to focus and to take action. All of you are
• 9:44
  Speaker 5: capable of making this work.
• 9:45
  Speaker 1: But I promised to give one of you the money
• 9:48
  Speaker 1: and I always want to do what I promised. What
• 9:50
  Speaker 1: was really special about all of you is that you
• 9:55
  Speaker 1: were willing to share the money with each other.
• 9:57
  Speaker 4: $ 10, 000 or.
• 9:58
  Speaker 3: do you want to split it with the other four people?
• 10:01
  Speaker 4: Split it.
• 10:03
  Speaker 2: Everyone deserves a chance.
• 10:04
  Speaker 4: I'd much rather split, to be honest.
• 10:06
  Speaker 6: I would split it, yeah. The guidance that you've given,
• 10:09
  Speaker 6: I would actually split it.
• 10:10
  Speaker 1: All of you generally don't need the full amount. You
• 10:12
  Speaker 1: just need a little bit and I think you need
• 10:15
  Speaker 1: just a little bit more belief in yourselves.
• 10:17
  Speaker 3: So I don't think you need the money. but the
• 10:20
  Speaker 3: winner is all of you.
• 10:22
  Speaker 1: And you can share this money between you and make
• 10:24
  Speaker 1: your dreams come a reality.
• 10:28
  Speaker 3: I was gonna throw the money up in the air,
• 10:30
  Speaker 3: but apparently, can I just do it anyway? No one,
• 10:33
  Speaker 3: here we go. You're all winners, eh?
• 10:37
  Speaker 1: We're going to make more of these videos where we
• 10:39
  Speaker 1: teach business knowledge whilst having fun.
• 10:41
  Speaker 3: Hit the subscribe button to see more.