@@FaisalKhan-ie2fo engineers make double what a starting salary is for a teacher, and about 7-10 times more than a fry cook. Engineer salaries are close to physician starting salaries. What are you talking about 'peanuts?'
@@CabbageYe because the person I was responding to had the nerve to say that engineers make peanuts. You want peanuts? Talk to anyone in food or customer service.
I honestly cannot, will not, would not imagine putting my house and my family's future on lean because I wouldn't let my son use a pair of safety scissors.
I feel sorry for his wife. You can tell she is not totally in on this but is sticking by her man praying to God for a miracle that this will somehow work out !!
"does it bother you that you spend (250) to create a final prodcut before you have any orders"?! his wife: nodding like a bobbing head... his wife being asked: (uh wait, support your husband!) yea i am totally on board!
Yeah, it's basically a clamp with a blade on it attached to a little container to catch the little pieces of plastic. I could design this in about 20 minutes, and I didn't even finish engineering school. Lol
@@draculastraphouse7863I don’t care how useful it is.. it does a single task… for $250,000! It could have been tooled, branded, and patented for around $15,000 tops.
One thing people dont understand is that valuation is based on numbers. Actual sales. not on the feeling that my product is going to hit big. People need to detarch themselves from from their product before doing a valuation (thats even if they know how the calculation works). You cant make 4k in sales and bring up a valuation of 600k.
This engineer never heard of the word "perforation?" The manufacturer does a horizontal perforation across the top of the tube and adds a small cut out on the side of the tube and VOILA, easy tear away to open the tube. And I didn't go to engineering school! LOL
The problem is this guy is too much of an Engineer. Something so simple as a concept didn't really need 7 design iterations. That says more to me about his need to engineer and perfect the thing into obscurity. The moment the freezy company said 'too big' (read: too bulky and complex) he should have stripped it back to the bare functional essentials and optimised for the cheapest price per unit then went straight back to them. Trying to make something 'perfect' when 'adequate' or 'sufficient' will make you rich is the lesson here.
Even with the stupid financial decisions aside, couldn’t a kid stick their finger in the device and get pretty badly hurt? It seems way more dangerous than just biting the top off or using safety scissors.
We had a plastic magnetic freezy slide type opener on our refrigerator back in the 80's that cames in the box. No one ever used it and always used kitchen scissors. No one is going to pay for that when you have scissor or a knife a home, or even a free gadget that came in the freezy pack in the 80s. I feel like something is wrong with that family and really, freezies in general are not that popular outside of summer.
@@g00dnatur3 Can't really blame ignorance. Smh. Soo many apostrophes in every word!? 😅😅😅 They can guarantee don't know how to pronounce it correctly. Mele Kalikimaka Me Ka Hau'oli Makahiki Hou. HAPPY HOLIDAYS TO YOU AND YOUR OHANA!
It's not as bad as all that, I imagine most of that 250k was tooling costs. RUNNING the business should be decidedly less expensive. They don't HAVE a business right now, and would need to give away a lot of equity in order to get someone to MAKE a business, but there's value here. I was skeptical as they were talking, because nothing they mentioned couldn't also be done by scissors, but having a collection receptacle changes things. That being said, I doubt they'd be able to reasonably ask more than $5-10, and we didn't hear what their ask was, so...
The idea is that it's a way for small kids to open stuff by themselves without risk of cutting themselves. Still, the application is way too limited for this valuation.
@@Thepopcornator wouldn't a kid that would be prone to cutting himself with scissors (careless) be prone to sticking his fingers in this thing and cutting himself? This is hardly safer for a reckless child.
If you really need to complicate opening freezies, all you need is something like stapler that cuts the corner. It should cost an engineer no more than a couple hundreds dollars to come up with a working prototype.
His biggest issue is his mindset. At the end he says "I can get a job again If I have to that's not a problem". He isn't fully invested on this and its a shame to see his family suffer financially from his poor decisions in business.
how on earth did this cost that much money? And how on earth did you set aside your career for a simple side gig? Seriously, I'm enough of a MacGyver to do this in my spare time without giving up a career or life savings, and I'm not that good. Methinks he overdid the whole thing
This really is the most pointless product ever. Maybe nice if you get it for free but I can't imagine anyone paying money for this. A three-year-old can cut with scissors if you practice with them. Perhaps these people are too busy dreaming to teach their child anything because at this age I would expect scissors to be no longer a problem. And for this he gave up his job and put their house on the line. smh...
Anyone else grow up on ice pops? IYKYK And I could never say no to a flavor! Whatever moms handed you is what you got. If you complained, no ice pop for you I hated Blueberry/Pineapple ice pops as a kid but from having to eat them I grew to love every flavor In the pack
He quit an engineering job and sunk a quarter of a mil on this product before any orders ?!?! Good thing he can just find another engineering job if shit hits the fan 💀
$125000 would be worth 500 % of the company... Whats wrong with this engineer?... Not every new invention is a money making machine!...Eventually; would turn into never ever ever ... It would be wise of him to turn back to his engineering job profile!...
I can’t fathom someone leaving their engineering job to pursue this.
Engineers make peanuts, this freeze cutters hope of becoming a business shows how crummy an engineers salary is.
Its easy to be able to call urself an engineer and not be a liar
@@FaisalKhan-ie2fo engineers make double what a starting salary is for a teacher, and about 7-10 times more than a fry cook. Engineer salaries are close to physician starting salaries. What are you talking about 'peanuts?'
@@forallthestupidshit3550 I think engineers make decent wage but why are you comparing it to a freaking fry cook lmao
@@CabbageYe because the person I was responding to had the nerve to say that engineers make peanuts. You want peanuts? Talk to anyone in food or customer service.
Good idea but it solves a problem that really isn't there. To put your house and families livelihood on the line for this is just asinine.
Imagine spending $250,000 dollars because you wouldn't let your son use a pair of safety scissors
I honestly cannot, will not, would not imagine putting my house and my family's future on lean because I wouldn't let my son use a pair of safety scissors.
This is a kid who cut his gums opening freezies with his teeth. So that tells you whether you should give the kid scissors.
@@Machinu5 lien* not lean, sir
Or why not have some rules in the house, ask if u can have a freeze and mom or dad cuts the top
I feel sorry for his wife. You can tell she is not totally in on this but is sticking by her man praying to God for a miracle that this will somehow work out !!
"does it bother you that you spend (250) to create a final prodcut before you have any orders"?!
his wife: nodding like a bobbing head...
his wife being asked: (uh wait, support your husband!) yea i am totally on board!
His wife doesn't believe in it
Neither does her boyfriend
@@garbygarb31 😂😂😂😂😂#GREAT1! #❤️🦈 TANK RESPONSE 🤣🤣🤣 honestly what a joke! God bless stay safe sincerely yours Susan from pa 🙏,# PITCH #AHHHH! 😜
@@garbygarb31 don’t make me bite my lip
How do you spent 250k on this im speechless
Yeah, it's basically a clamp with a blade on it attached to a little container to catch the little pieces of plastic. I could design this in about 20 minutes, and I didn't even finish engineering school. Lol
This clip doesn't show it but he may have spent some money on a patent and rest in stock.
It's easy than you think to burn through money quickly lol
Maybe he's paying himself a salary of $1k / day for working on this shit lol
@@anitagal5130 Paying himself with money he borrowed against his own house?
The company died in 2009. His Twitter stopped in 2009 and the website is down.
thats a sign of bis success, he had no time for social media due to the massive sales!
@@salemkid1979 Exactly I agree
I like that they handed each of the Dragons a freezie as if that were the product.
This was the most depressing freezie-eating gang I've ever seen. Never seen a sadder bunch of freezies.
I just knew when they sent Bobby away it was not gonna go well
By the time the house was on lien, it was time to say bye to Bobby.
Arlene is a kind and empathetic woman.
Now that one was rough. From beginning to end lol...
i love the fact that they sent the kid away
that kid wanted to square up lmao
They have to for legal reasons. Kid is under 18 years of age. 🤦
there is a tool called scissors ✂️
A dangerous tool to give to children.
Kids and scissors are good.
@@nuck- kids usually have parents or guardians
@@JAB2010 Usually.
What’s even more sad is that the European version of the freezer pops have packaging that is designed to be opened by hand.
Everyone‘s version of these is designed to be opened by hand.
Perforated plastic?
@@Orochi_001 I have literally never seen a version of these in the US with a tear notch... or did you mean something else?
@@ccggenius Save yourself 250k and just use your teeth if you don't have scissors.
Canadian ones are open by hand.
Kim gonna divorce him.
is that not basically a hole punch?
There’s 16g of sugar in each freeze, it’s a good thing that little kids can’t open freezies by themselves.
Just look at the wife, she is horrified
She knew that product is crap
Thought he said his name was Ginger Jobless 😂
Me too!
I heard Jim J. Jobless at first and thought "That's very alliterative...and unfortunate."
His twitter has 6 followers from over 10 years ago, safe to say this wasnt a great idea
This is a great design on one of the worst ideas for a product I've ever seen on the den
I am not too sure if is a great design. The freeze people said it is too big. Then again they might have just been blowing him off.
@@MrMarvel1991 they were. He's a sucker and they played him
No it's not. If Mr. Freeze told me my 250k thing was so badly designed they couldn't put it in their case I'd have a heart attack and die.
As a father of 6 I see a use for this as we use a lot of freezies. I get why it doesn't make sense as a business tho lol. Poor guy.
Exactly. A useful product that doesn’t make sense as a business, is one of the most dangerous ideas an entrepreneur or inventor can have.
1 word,SCISSORS.Some people just really don't think straight.Very SELFISH to put all that money into it.
Normally I love idiot engineer pitches, but this one was just sad
You left your engineering job AND put your house up for a.... freezie opener????
😬
How the hell do you spend 250,000 on that? I am an engineer with 3 patents and 16 products and I have spent around 30k in development total!
Yeah but none of your products are useful as this! This thing is game changer, blows my mind how they didn't invest
@@draculastraphouse7863I don’t care how useful it is.. it does a single task… for $250,000! It could have been tooled, branded, and patented for around $15,000 tops.
@@oneheadlight8000 I was being sarcastic lmao
That’s criminal. Social services should intervene. This is like looking at two junkies with a child. But much more subtle
Even after watching a few times I still can't figure out what this thing is supposed to do.
One thing people dont understand is that valuation is based on numbers. Actual sales. not on the feeling that my product is going to hit big. People need to detarch themselves from from their product before doing a valuation (thats even if they know how the calculation works). You cant make 4k in sales and bring up a valuation of 600k.
Uh huh
Omg 😳 they put there house up against it ? Wow 😯
How to solve a problem that ain’t!
Bro really would rather sacrifice everything than let his kid use scissors
I bet his wife's boyfriend also hates this idea
Lmao
🤣
This engineer never heard of the word "perforation?" The manufacturer does a horizontal perforation across the top of the tube and adds a small cut out on the side of the tube and VOILA, easy tear away to open the tube. And I didn't go to engineering school! LOL
The problem is this guy is too much of an Engineer. Something so simple as a concept didn't really need 7 design iterations. That says more to me about his need to engineer and perfect the thing into obscurity. The moment the freezy company said 'too big' (read: too bulky and complex) he should have stripped it back to the bare functional essentials and optimised for the cheapest price per unit then went straight back to them. Trying to make something 'perfect' when 'adequate' or 'sufficient' will make you rich is the lesson here.
Even with the stupid financial decisions aside, couldn’t a kid stick their finger in the device and get pretty badly hurt? It seems way more dangerous than just biting the top off or using safety scissors.
Some people are so passionate about an idea that they put everything on line including their house and life savings and that is just reckless.👈👈
I'm amazed at how well-engineered this is for such a useless product.
My family never have trouble cutting it open and i have 8 kids.
My kids always asked to have a freeze and i or my wife would cut open for them.
Where were the parents to help him open them? At least teach him how to use kid friendly scissors. It does look cool.
The bulk giveaway idea is a good one.
Wife's not being honest when asked what she thought. Sounds like a contrived and rehearsed answer, coupled with an uneasy look.
For better or for worse
Poor guy poor guy. I feel for his kids.
We had a plastic magnetic freezy slide type opener on our refrigerator back in the 80's that cames in the box. No one ever used it and always used kitchen scissors. No one is going to pay for that when you have scissor or a knife a home, or even a free gadget that came in the freezy pack in the 80s. I feel like something is wrong with that family and really, freezies in general are not that popular outside of summer.
That was brutal
Man, engineering is a sense before anything else. Wasting 250 k on such a useless tool is beyond insanity.
He has the cadence of johnny depps portrayal of willy Wonka lol
Aloha from Hawai'i Dragon's! I absolutely love your show! ❤❤❤
Why are you putting so many apostrophes in every word? Lmao
@@ASO-ze6sj Hawai'i is the correct way to spell Hawai'i - if u were from Hawai'i you would know this...
Lmao the dragons aren't reading this..
@@garbygarb31 I know. lol. Just wanted to say HI, incase one of them see's it. You never know...? LOL. HAPPY HOLIDAYS!
@@g00dnatur3 Can't really blame ignorance. Smh. Soo many apostrophes in every word!? 😅😅😅 They can guarantee don't know how to pronounce it correctly. Mele Kalikimaka Me Ka Hau'oli Makahiki Hou. HAPPY HOLIDAYS TO YOU AND YOUR OHANA!
It's not as bad as all that, I imagine most of that 250k was tooling costs. RUNNING the business should be decidedly less expensive. They don't HAVE a business right now, and would need to give away a lot of equity in order to get someone to MAKE a business, but there's value here. I was skeptical as they were talking, because nothing they mentioned couldn't also be done by scissors, but having a collection receptacle changes things.
That being said, I doubt they'd be able to reasonably ask more than $5-10, and we didn't hear what their ask was, so...
Wouldn't scissors work? Am I missing something?
The idea is that it's a way for small kids to open stuff by themselves without risk of cutting themselves. Still, the application is way too limited for this valuation.
@@Thepopcornator wouldn't a kid that would be prone to cutting himself with scissors (careless) be prone to sticking his fingers in this thing and cutting himself?
This is hardly safer for a reckless child.
@@kAzinGaming and for that reason
im out
If you really need to complicate opening freezies, all you need is something like stapler that cuts the corner. It should cost an engineer no more than a couple hundreds dollars to come up with a working prototype.
Did he say "I am Ginger Jobless"??? 🤔
I still don’t know what is does?????
poor kid, he's probably spending two christmas' by now 😬
How do you possibly spend $250,000 on this
Kids have teeth. Solved.
Dang, I never dreamt I wouldn't have to use those pesky scissors again.
Who knows how those work anyways...
Do you use your feet? Trying to figure this out.
His biggest issue is his mindset. At the end he says "I can get a job again If I have to that's not a problem".
He isn't fully invested on this and its a shame to see his family suffer financially from his poor decisions in business.
Dear lord, what a terrible idea..
How can you go on Shark Tank with $4000 in sales?
$250K??? Jeez
wife is terrified
Update, Jim is definitely divorced
scissors exist.. for that reason, im oot
I would assume someone in Japan made that...
I'm Jim Jim Jim Jimjimopolous
Freezie incident stories?! Good lord this family must be boring af to be around.
Good thing his dad invented this because that kid was getting his ass kicked by Freezies for years.
Why do Canadian dragons interrupt SO much?!
That was very disturbing and cringy to watch. Poor guy looks so desperate and clueless.
It is clear that his wife doesn't believe in the product.
I want to see current dragons den Canada not a million years old episodes
how on earth did this cost that much money? And how on earth did you set aside your career for a simple side gig?
Seriously, I'm enough of a MacGyver to do this in my spare time without giving up a career or life savings, and I'm not that good. Methinks he overdid the whole thing
Fingers?
This version definitely is the most scripted, doctored up version lol
This really is the most pointless product ever. Maybe nice if you get it for free but I can't imagine anyone paying money for this. A three-year-old can cut with scissors if you practice with them. Perhaps these people are too busy dreaming to teach their child anything because at this age I would expect scissors to be no longer a problem. And for this he gave up his job and put their house on the line. smh...
Anyone else grow up on ice pops?
IYKYK
And
I could never say no to a flavor! Whatever moms handed you is what you got. If you complained, no ice pop for you
I hated Blueberry/Pineapple ice pops as a kid but from having to eat them I grew to love every flavor In the pack
It is SO irresponsible to have a whole FAMILY and waste your life savings on this dumb product!!!!
He quit an engineering job and sunk a quarter of a mil on this product before any orders ?!?! Good thing he can just find another engineering job if shit hits the fan 💀
Why in the hell bring your damn kid to a business deal
$125000 would be worth 500 % of the company... Whats wrong with this engineer?... Not every new invention is a money making machine!...Eventually; would turn into never ever ever ... It would be wise of him to turn back to his engineering job profile!...
He might get lucky and have a lot of people who like buying crap be into his product.
Havnt seen to the end but ?? I detect sugar diabetes with all that sugar in a freezer pop?
I bet they’re divorced by now