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Dragon’s Den reject whose product was known as a ‘waste of time’ makes £200m in deal

by souhaib
July 31, 2021
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Dragon's Den reject whose product was known as a 'waste of time' makes £200m in deal

The Playbrush trio are removed from the one contestants to stroll again out of the Den empty handed. However an unsuccessful pitch doesn’t at all times imply the tip of the street. Certainly so-called rejects have gone on to realize nice success.

Just like the Playbrush group, some are courageous sufficient to reject the Dragons’ presents, believing they deserve extra. Different future success tales have been merely dismissed out-of-hand. 

Right here, we check out those that received away…

Greatest associates who rejected Peter Jones 

Buddies who appeared on Dragons’ Den had the final chuckle after turning down Peter Jones’ paltry provide and turning their agency right into a multi-million pound enterprise.

Jonny Pryn and Alex Somervell have been advised they have been ‘about to make an enormous mistake’ by media tycoon Mr Jones, after bravely refusing his provide of £60,000 funding.

Showing on the BBC present earlier this month, the pair turned down Jones’ calls for for 20 per cent of the enterprise, inflicting the opposite dragons to snigger in disbelief.

However Mr Pryn, 25, and Mr Somervell, 27, quickly proved that they had made the appropriate resolution, after their firm One Third Tales rose in worth to £2.6million.  

The hairbrush entrepreneur who’s value thousands and thousands

He was famously turned down in the Dragons' Den, but Shaun Pulfrey continues to have the last laugh by raking in millions from his Tangle Teezer hairbrush

He was famously turned down within the Dragons’ Den, however Shaun Pulfrey continues to have the final chuckle by raking in thousands and thousands from his Tangle Teezer hairbrush

On the show, the Dragons were not impressed with the idea and failed to invest

On the present, the Dragons weren’t impressed with the thought and failed to speculate

He was famously turned down within the Dragons’ Den, however former hairdresser Shaun Pulfrey continues to have the final chuckle by raking in thousands and thousands from his Tangle Teezer hairbrush.

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Figures filed for his firm in March final yr confirmed gross sales soared by a large 22 per cent to £28.6 million within the yr to March 31, 2016, whereas pre-tax income grew from £7.4 million to £8 million.

Pulfrey, who remortgaged his residence to launch his enterprise, didn’t take a dividend through the yr however was paid £2.7 million in royalty funds.

The success of Tangle Teezer – which was described on BBC TV by Dragons together with Peter Jones and Deborah Meaden as ‘hair-brained’, ‘a waste of time’ and ‘like a horse brush’ – has been phenomenal with 20 bought each minute globally.  

The wine pioneer whose thought was snapped up by M&S

Deborah Meaden was among the Dragons who dismissed James Nash's concept of a single-serve glass of wine with a plastic tear-off lid, pictured on the show

Deborah Meaden was among the many Dragons who dismissed James Nash’s idea of a single-serve glass of wine with a plastic tear-off lid, pictured on the present

M&S were a fan of the concept and adopted it as part of its Food on the Move section. It has proved hugely popular with commuters and picnicers

M&S have been a fan of the idea and adopted it as a part of its Meals on the Transfer part. It has proved massively common with commuters and picnicers

James Nash first took his Cup-A-Wine thought to BBC’s Dragons Den in 2009 just for it to be rejected out of hand.

The invention – a single-serve plastic glass of French wine with a tear-off lid – solves the issue of feeling like a glass of wine however not having a glass or a corkscrew. 

He requested the Dragons – then Peter Jones, Theo Paphitis, Duncan Bannatyne, James Caan and Deborah Meaden – for £250,000 for a 25per cent stake in his enterprise, Wine Improvements Ltd.

Nevertheless, they gave him a torrid grilling and bowed out as a result of they have been unconvinced anybody would have an interest.

Duncan Bannatyne was significantly dismissive, saying: ‘Folks do not wish to purchase wine in plastic glasses like that with a seal on prime. For that purpose, I am out.’

However M&S have been a fan of the idea and adopted it as a part of its Meals on the Transfer part. It has proved massively common with commuters and picnicers.   

Businessman whose bottles are bought world wide

Man Jeremiah initially offered his collapsible water bottle thought to the BBC’s 5 dragons in 2010. 

All 5 dismissed the thought, and even by the requirements of the notoriously robust present, they gave Mr Jeremiah a grilling. Theo Paphitis even advised him he’d slightly stick pins in his eyes than again his thought.

However Mr Jeremiah went on to nice success and his invention is out there in 16 nations. 

And if that was not sufficient to persuade the Dragons that they had missed a trick, he has additionally signed a distribution cope with Marks & Spencer.  



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